Archive for July, 2007

Newly Discovered Treasures Dug Up in Philadelphia

Soil Near First United States Mint Yields Unique Early Pattern

(NEW YORK -JULY 9) Stack’s August Milwaukee sale will include two pieces recently discovered in the soil of Center City Philadelphia, including a previously unknown copper die trial for a 1798 dollar. Two metal detectorists, working with permission on a construction site whose location abutted that of the First Philadelphia Mint, discovered the 1798 dollar struck on copper scrap along with a 1793 half cent in the spring of 2006. Now, a year later, the coins have been authenticated by American Numismatic Society curator Robert W. Hoge, among others, and will be offered for public sale for the very first time. The pieces will be sold as separate lots, slated for sale on August 5 at the Hotel Metro in Milwaukee, Wisconsin.

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Rare coins worth £500,000 stolen

Scotland’s most important collection of antique coins has been stolen, police have revealed. The unique collection, which has been valued at more than £500,000, features pieces dating back to 1136, when the very first Scottish coins were minted. A total of more than 1,000 coins were stolen from the home of Lord and Lady Stewartby in Broughton, near Peebles. A “substantial reward” has been offered to anyone who can help recover the collection. The raid happened more than a month ago, but police have only just released details of the theft for operational reasons.

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Gold ends up, lifted by oil surge, dollar drift

NEW YORK (Reuters) - U.S. gold futures held onto strong gains into the close on Monday, after being lifted to a one-month high as fund and speculative buyers reacted to a drifting dollar and surging oil prices, traders said. “The market was very quiet and very thin. But metals were up across the board. The dollar was weak and oil was up quite a bit and that supported it right from the get-go, but it was on light volume,” said one New York gold dealer.

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Laura A. Kessler Joins PCGS Currency Team

Newport Beach, California - Laura A. Kessler has been named Vice President of Business Development for PCGS Currency, one of the world’s largest rare paper money authentication and grading certification services and a division of Collectors Universe, Inc. (NASDAQ: CLCT). Laura A. Kessler Laura A. Kessler With more than two decades of extensive experience as a collector and dealer of rare paper money, she joins the company from her previous position as Owner and President of Kessler Currency in East Peoria, Illinois.

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