Early and Bust half dollars stand out among
the array of rarities available in Heritage Galleries & Auctioneers? Feb.
9-11 Long Beach Coin Expo auction. ?The Long Beach auction,? said Heritage
President Greg Rohan, ?is especially strong in Early and Bust half dollars,
including a very desirable 1797 Draped Bust Small Eagle ,O-101a, half dollar,
certified Fine 15 Professional Coin Grading Service.?That coin, one of only
3,918 minted, is expected to be a featured item in this, Heritage?s 56th
Official Auction of the Long Beach Coin Expo.
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Police have arrested a man for stealing a
4-pound gold bar from NBA agent Dwight Manley after the missing treasure turned
up at a coin dealership last week. The bar, made in the mid-1850s in
Sacramento, is valued at about $500,000 and was allegedly stolen by a
subcontractor working on Manley's Irvine home. It was among three tons of gold
and minted coins recovered from the SS Central America, which sank off the
North Carolina coast during a hurricane in 1857. Investigators found the bar
last week at a Rancho Santa Margarita coin dealership.
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JPMorgan Chase & Co. said the price of
gold could surge to $800 (U.S.) an ounce in the next two years, as central
banks curb their selling of the metal. The forecast came as gold shot to a
25-year high Tuesday, with investors piling into the precious metal as a refuge
from escalating concerns over Iran's nuclear program. The JPMorgan analysts
said gold will rise to $600 an ounce by the end of 2006.
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Despite strong misgivings about his treatment
of Virginia Indians, a federal review panel has supported placing explorer John
Smith alongside an Indian chief on commemorative coins to mark the 400th
anniversary of Jamestown. In a discussion that was marked by pointed comments
about Smith's dealings with Native people, members of the Citizens Coinage
Advisory Committee selected four designs to recommend to Treasury Secretary
John Snow for the two commemorative coins that will be issued in early
2007
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Feb. 1 (Bloomberg) -- Late at night, in a
basement laboratory at Stanford University, Brian Knutson made a startling
discovery: Our brains lust after money, just like they crave sex. It was May
2004, and Knutson, a professor of neuroscience and psychology at the California
university, was sending student volunteers through a high-power imaging machine
called an fMRI. Deep inside each subject's head, electrical currents danced
through a bundle of neurons about the size and shape of a peanut. Blood was
rushing to the brain's pleasure center as students executed mock stock and bond
trades.
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Could the Euro be any more boring? Four years
on, a unified currency has made life convenient, but pictures of imaginary
bridges and aqueducts instead of something tangible are unremittingly
soporific. The bad old days of changing money all the time may have been
annoying, but at least they weren't ugly. In celebration of what used to be,
here's an essay on the design of the old Dutch currency, long thought to be
Europe's most colorful before the introduction of the Euro.
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Vadodara, February 2: Following rumours doing
rounds about the discovery of 20 kilos of gold coins at the dilapidated Saat
Mata temple in Diya Pattan village of Lunavada taluka in Panchmahals district,
the district police have initiated a probe into the claim. On Wednesday, two
residents of the village, Ratna Machi and Pona Machi, filed an affidavit in a
Godhra court claiming that they had seen the gold coins.
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LONDON (Reuters) - Gold's 37 percent rise in
six months to 25-year highs, far from a price-bubble ready to pop, will
continue upwards on renewed fund enthusiasm, analysts said. The bull market may
attract even more new money in the coming years, with potential for bigger
price spikes, they said. "Like a gorilla with a gun, gold can go anywhere it
wants," said Peter Hillyard, head of metals sales, ANZ Investment Bank."With
the quest for yield, the need for portfolio diversification and the huge
appetite funds have for risk, all commodities are certain to rock for a lot
longer. It's not a bubble about to burst."
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The story behind the 1933 $20 double sounds
too fantastic to be true. It involves deceit, international intrigue, obsession
and greed. And Alison Frankel tells it all in Double Eagle: The Epic Story of
the World?s Most Valuable Coin. Also considered the world?s rarest coin, the
1933 $20 was stolen from the Mint before it was to be melted down, he says. It
passed from the hands of con men to obsessive collectors to King Farouk of
Egypt, before it was sold legally at auction for the highest price ever paid
for a coin.
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A serial No. 1 1880 Kingdom of Hawaii $10
Certificate of Deposit highlights a small number of Hawaii paper money items in
Doyle New York?s March 23 auction. The note, Standard Catalog of World Paper
Money No. P-1a, is one of only three issued, uncancelled examples known to
exist, Doyle catalogers wrote, the other two being in the collection of the
Bishop Museum in Hawaii and a private collection in Europe. The note has been
graded Extremly Fine-40 by Paper Money Guaranty. Presale estimate is
$40,000-$60,000.
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he baptism of Christ - as depicted in the
sculpture by Giuseppe Mazzuioli at St John's Co-Cathedral in Valletta - has
emerged as the favourite image among the Maltese to be put on Malta's euro
coins after it polled the highest number of votes, a decision that is bound to
fuel debate.Almost 17,000 votes were cast in a nationwide text message and
phone poll, Parliamentary Secretary for Finance Tonio Fenech told a news
conference, as Malta prepares to change its currency. The last currency change
was 35 years ago.
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Like more than half the people who voted in a
Salt Lake Tribune online poll, Barbara Robinson favors the transcontinental
railroad and golden spike design for Utah's 2007 commemorative quarter over the
design of a beehive or a snowboarder. The ongoing poll that began Jan. 20 shows
that 52 percent of its participants chose the transcontinental railroad and
golden spike, 20 percent liked the state's emblem of the beehive and 15 percent
voted for a female snowboarder commemorating winter sports and the 2002
Olympics.
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Brussels. Europol has registered a new record
amount of confiscated forged euro bills, the German magazine Fokus writes.
770,000 forged euro bills worth 49 million euros were seized in 2005 in the
twelve states of the Eurozone in spite of almost a 10.5-percent drop registered
in 2004. The most qualitative forged euro bills originate in Bulgaria. They can
be seized only by means of a special equipment, the magazine writes.
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Important Die Variety in Modern
Commemorative Series - The Mint State 1984-W Olympic $10 Gold Commemorative
exists in two distinct finishes, a flat matte-like surface and a prooflike
satin surface with subtle cameo contrast. While researching these different
characteristics, Dave Camire, President of NCS and error coin expert, noticed
distinct doubling on the obverse of a prooflike example. The doubling is
pronounced throughout the obverse and the greatest spread is visible on the
designer?s initials.
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Spanish police have broken up a ring of
undersea looters who have spent the last two years allegedly plundering the
archaeological treasures of Spanish galleons and other historic ships that sank
off the coast of southern Spain. At the weekend, the local civil guard in C?diz
announced the arrest of two Hungarian men and an American woman believed to
have set up an on-deck laboratory on their ship, the Louisa, where they used
hi-tech equipment - including an undersea robot worth ?600,000 (?410,000) - to
illegally identify, salvage and treat artifacts from the wrecks.
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ARTICLE by Ken Elks - It seems likely
that the indigenous tribes of southeast England began to have contact with
Celts from the Continent as early as the beginning of the first millennium B.C.
This reached its peak in the 2nd Century B.C. when a large area from Dorset in
the southwest to Lincolnshire in the northeast gradually came under the rule of
a new wave of Brythonic Celts. By the middle of the first century BC the Celts
had established several kingdoms, the Cantiaci in Kent, the Regnenses in
Sussex, Atrebates in Surrey, Durotriges in Dorset, Dobunni around the Severn
...
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Wanted: modernising chief executive to run an
institution that manufactures money but is no longer making it.Last month, when
the Royal Mint announced the sudden exit of Gerald Sheehan, its chief
executiveand a former steel man-ager, to "pursue other interests", there was no
offi-cial explanation for his departure.But the government let it be known that
a commercially-minded "moderniser" was being sought as his replacement at the
government's loss-making manufacturer of currency, collector coins and
medals.
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Last week I reported on the auction of half
cents and early large cents from the Jules Reiver Collection, sold by Heritage
Galleries and Auctioneers in Dallas. Reiver focused on varieties and die
states, and he amassed more than 5,000 different examples of coins from various
series - a feat that will most probably never be duplicated in this many series
again.The set of auction catalogs represents a great reference work, something
Reiver would have wanted (he died in 2004) and would assuredly be proud of
after his more than 70 years of building this collection.
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ARTICLE - Coin World - No single factor
determines rarity. Many factors have to be considered before declaring a coin
"rare." A few of the factors that can lead to a coin being considered rare are
total mintage; normal or abnormal attrition as a result of circulation,
accidental loss or destruction, and official and private meltings; and the
level of public and collector interest in a coin at the time it is being
released into circulation. Remember, however, that "rare" is relative. So, too,
is value; a rare coin may not necessarily be valuable if no or little collector
market exists for it.
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IT'S a bit like counting out your collection
of small change - but on a slightly grander scale. Nearly 70,000 coins of all
denominations, some coming from as far afield as New Zealand, will be tested
and verified today at the Trial of the Pyx - an ancient ritual dating back more
than 800 years. Guarding the lucrative loot will be a troupe of workers from
the Royal Mint in Llantrisant, who will accompany the Pyx - the Latin word for
money box - from South Wales to London's Goldsmiths'
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