7/27 Numismatic Collecting News

'Buzz' loud before Boston ANA World's Fair of Money July 27, 2010 at 11:38 PM The buzz before the American Numismatic Association World's Fair of Money in Boston, Aug. 10 to 14, is fantastic, and enough rarities are being offered in the related auctions to get any collector's blood pumping. In more than a week of auctions, more than 10,000 lots will be offered, testing the depth of the current market and the reach of collectors and investors to go after top rarities. Three major auctions highlight the week ... Full Article: 'Buzz' loud before show - Coin Values Related posts: PCGS at World Money Fair in Berlin Lincoln coins: Four not so fantastic? – Buzz with Dave Harper   Counterfeit British £1 coins could force reissue July 27, 2010 at 11:36 PM There are now so many fake £1 coins in circulation the Royal Mint could be forced to scrap all of the coins and reissue the entire denomination. Their warning came as new figures indicated there were £41 million fake £1 coins in Britain – one in every 36 in circulation. This is a record level and suggests that the proportion of counterfeit coins had tripled in the last decade. The situation has worsened since last year, when ... Full Article: Record number of fake £1 coins could force reissue - Telegraph.co.uk Related posts: Counterfeit Pound Coins Double, How to Detect a Fake £1 Counterfeit British £1 coins   Back where we started? July 27, 2010 at 11:33 PM ... Perhaps numismatics should be on a fiscal year ending Sept. 30 as the U.S. Mint is. One thing about 2011 that occurred to me was it will mark the 25th anniversary of the founding of the Professional Coin Grading Service. That event certainly revolutionized the hobby. At the time, it was a better mouse trap. It was not the first third-party grading service. Then the big dog in that field was ... Full Article: Back where we started? - Buzz with Dave Harper Related posts: More candidates enter the ANA field Boy Scout dollar event at ANA convention   Stay away from these coin investments July 27, 2010 at 11:31 PM Number One on my list is the TV shopping show dealers and premium "Mints" out there that sell nice looking commemorative coins for premium prices, but that have no value beyond their bullion (if they have any) when you must eventually sell them. Some of these "Mints" sell on the TV and cable-based shopping channels, and the prices they charge when they do sell genuine U.S. Mint coins are nearly always several times higher than the price the coins would cost from a normal coin dealer! ... Full Article: Top 5 Worst Coin Investments - Susan's Coins Blog Related posts: Are Coin Prices in Most Coin Catalogs Accurate? PNG Cautions: Obama "Coins" Not Rare Investments