7/8 Numismatic Collecting News

U.S. Coinage History July 8, 2010 at 9:36 PM Before the first coinage act in the United States, citizens of the U.S. exchanged goods and services through the barter system. At this time no coins were available except for various foreign coins such as the widely traded and trusted Spanish real dollars. With the signage of the constitution and with a newly formed nation that allowed Congress to coin money, the first coinage act was proposed and passed Congress under the Presidency of George Washington. This article will cover a brief history of coins and events ... Full Article: History Of Coinage In The U.S. - San Francisco Chronicle Related posts: New Book: The Washington Pattern Coinage of Peter Getz The Most Hyped Coin in History   How Fake Plain Edge Dollars Are Made July 8, 2010 at 9:33 PM First of all, Godless Dollar email hoaxes aside, not all Presidential Dollars are "Godless Dollars." The term "Godless Dollar" refers only to those dollar coins that are missing the inscriptions on the edge, which include In God We Trust, E Pluribus Unum, the date, and the mint mark. The proper term for these dollars is plain edge dollars because the edge is plain, rather than inscribed like it should be ... Full Article: How to Tell if a Godless Plain Edge Dollar is Fake - Susan's Coins Blog Related posts: Is Upside Down Edge Lettering an Error on Presidential Dollars? – Susan's Coing Blog Counterfeiter Reveals Fake PCGS Slab Diagnostics – photo of Susan Headley Susan's Coins Blog   Understanding coin pricing July 8, 2010 at 9:31 PM Sometimes, a weekly column focused on details of the market like this one appearing in Coin World needs to take a step back and discuss the basics. It seems that the public dialogue about coins has increased recently, bolstered by high precious metal prices and a ready supply of people eager to exchange assets like coins for quick and easy cash. Unfortunately, as one news story appearing on Page 1 of the July 12 issue of Coin World reveals, many people are choosing to sell their coins to national traveling buyers, often temporarily located at hotels ... Full Article: Understanding pricing - Coin Values Related posts: Understanding the Gold Shortage at the US Mint Coin Pricing Guides   Largest ever finds of Roman coins in Britain July 8, 2010 at 9:29 PM The hoard of more than 52,000 coins dating from the 3rd Century AD was found buried in a field near Frome in Somerset. The coins were found in a huge jar just over a foot (30cm) below the surface by Dave Crisp, from Devizes in Wiltshire. "I have made many finds over the years, but this is my first major coin hoard," he said. After his metal detector gave a ... Full Article: Huge Roman coins find for hobbyist - BBC News Related posts: Rare Roman coins a 'find of a lifetime' 10,000 Roman Coins Unearthed