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Category: Coin News Daily

More News at a Glance – December 28, 2010


Cents of 1794-1795 Reflect Changes

Numismaster
Those collectors who specialize in the early copper cents often have a soft place in their hearts for coins dated 1794 and, to a lesser extent, 1795. The cents of 1794 in particular have been studied with great care by researchers for 150 years yet new information still comes our way from time to time. The years 1794 and 1795 were an era of great change in the copper coinage, perhaps more so than at any other time in the history of the old large cents.
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‘One of world’s largest gold coins’ estimated at $600,000 at Heritage
Paul Fraser Collectibles
It was struck for the first Olympic Games in China with ancient stone carving techniques. Heritage Auctions’ World & Ancient Coins sale on January 3-4 is billed as being its “largest” World Coin auction to date – and one of the most hotly anticipated lots in the auction is also one of the largest gold coins in the world.
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2011 Platinum Eagle Design Candidates Reviewed by CFA
Coin Update News
The Commission of Fine Arts (CFA) has recently reviewed the design candidates for the 2011 Proof Platinum Eagle. This coin will feature the concept “To Insure Domestic Tranquility.” The collector version of the American Platinum Eagle is in the middle of a six year design series exploring the core concepts of American Democracy. Each concept is presented on the reverse design of the coin, while the obverse of each coin features an image of the Statue of Liberty designed by John Mercanti.
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Counterfeit Detection: 1914-D Buffalo Nickel
NGC
Unscrupulous people have made counterfeit and altered coins to fool collectors since time immemorial. These fakes were almost always key or semi-key dates, and collectors knew to exercise additional caution with coins such as the 1909-S VDB Lincoln Cent or the 1916-D Mercury Dime. Common date gold coins were also copied, particularly in the 1960s and 1970s, because of their intrinsic value. Coins with little collector value were generally ignored by counterfeiters because there was not a lot to gain.
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2011 Annual Sets Release Dates

Mint News Blog
The release dates are now available for the United States Mint’s 2011 Proof Set, 2011 Mint Set, and 2011 Silver Proof Set. The Mint had previously announced that these products would be available earlier in the year due to collector feedback. The 2011 Proof Set containing 14 different proof coins struck at the San Francisco Mint will be released on January 11, 2011. The 2011 Silver Proof Set, containing 90% silver versions of the proof dime, quarters, and half dollar, along with the remaining coins in standard compositions will be released on January 25, 2011.
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Public waits for 5 oz coins

Numismatic News
People who want to buy the new 5-ounce America the Beautiful silver bullion coin are caught up in a circle of supply and demand. The demand is there, but the supply of coins is limited and the normal distribution channels are clogged. Only 33,000 of each of the five designs were minted, far short of the 100,000 mintage originally planned. “That’s really a big problem,” said Lee Crane of L&C Coins. “I think the Mint didn’t read the market really well. They are creating rarity by the number they are minting. If they wanted everyone to get one, they should have minted more.”
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More News at a Glance – December 17, 2010


‘First example’ of the 1882 Gold banknote sells with $500,000 estimate

Paul Fraser Collectibles
Limited to just 14,000, this note, appearing for sale for only the second time, is the star at Heritage. Heritage Auctions, the official auctioneer of the Florida United Numismatists (FUN) Show, will present a substantial number of rare and exceptional notes as part of its Signature Currency Auction. The sale is being held on January 6-10 in Tampa, Florida.
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Dealers Confused by New America the Beautiful Sale Rules
Numismatic News
Dealers say new rules imposed by the U.S. Mint on the sale of 5-ounce silver bullion coins are far from clear. “I think there is some question on exactly how those rules apply, and we don’t have answers to the questions,” said Michael Haynes, CEO of American Precious Metals Exchange, one of 11 companies authorized by the Mint to sell the new America the Beautiful coins. APMX has ordered 3,000 sets, the maximum allowed per distributor.
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Yoko Donates Gold Lennon Coin
Numismaster
A unique 22-karat gold version of the new John Lennon £5 coin of Alderney has been donated by Yoko Ono to Great Britain’s Alder Hey Hospital’s Imagine Appeal for auction next year to raise money. Ono is the widow of the famous Beatle songwriter/singer/musician. The coin is part of the British Royal Mint’s Great Britons series of £5 silver Alderney coins. Lennon was chosen to accompany in the series such luminaries of history as Winston Churchill by choice of the British public.
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Interview with the Central Bank of Ireland’s Coin Department Head of Marketing
Coin Update News
One of the most innovative sets of national coinage of its day (many would say they can still hold their own against some of the most innovative coinage concepts today) were the designs which came to be affectionately known as the “Barnyard” series. They are once again resurrected as Ireland issues the first of three coins in a new series of silver collector crowns. In 1926, a commission organized to decide the themes for circulation coins of the newly established Irish Free State came into being and was headed by the poet (and later Senator) W. B. Yeats.
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The 1962 Seattle World’s Fair Million Silver Dollar Exhibit

The E-Sylum
One of the many committees working on the 1962, six-month-long, Seattle World’s Fair, which would live on in the Space Needle and Monorail, was responsible for producing, promoting and selling souvenir medals for the exposition. The committee, with Northwest Historic Medals, was also charged with producing a venue for medal sales and was thus attracted to an advertisement for Behlen buildings. The committee also conceived of the display of a million silver dollars to attract medal purchasers and thus contacted Gerry Joseph, Behlen’s sales manager, to see if they might be interested in a package promotion.
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US Mint Sales: Silver Coin Products in Demand

Silver Coins Today
The United States Mint welcomed a newcomer to their America the Beautiful product portfolio. The five ounce 2010 America the Beautiful Silver Bullion Coins began with debut sales of 75,000 from Authorized Purchasers. That is 375,000 ounces of silver in a single day on their launch Friday.As for the other US Mint bullion product, demand for Silver Eagle bullion coins picked up compared to the first week of December. The .999 fine bullion Silver Eagles advanced 1,005,000 in the last seven days, which totals 1,422,000 in the first half of December. Annual sales rolled in at 34,312,500.
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More News at a Glance – December 14, 2010


United States Mint Uncirculated Coins Get a New Look in 2011

United States Mint
The United States Mint today announced that it is discontinuing the satin finish on numismatic uncirculated coins produced for the United States Mint Uncirculated Coin Set® and other products. Instead, beginning in 2011, uncirculated-quality coins will feature a brilliant finish. The United States Mint began using the satin finish for its uncirculated coins in 2005 to be consistent with other products in its portfolio, such as commemorative coins. The satin finish, however, highlights surface marks that inherently result from the coin-handling systems.
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The Mint coins a new phase: After 50 years, Lincoln Memorial gone from the penny
The Washington Post
You may have noticed a small change in your small change. More likely, you haven’t. “Now, when did they do that?” asked Victor Schubert, a lawyer from Racine, Wis., squinting at a freshly minted 2010 penny. “And why?” Schubert and other tourists on the steps of the Lincoln Memorial one recent afternoon were surprised to see a brand-new look to that most familiar of coins.
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The Recovery of Julian Leidman’s Stolen Inventory
The E-Sylum
Court papers filed in New York identify the son of a Diamond District jeweler as the man who allegedly bought a multi-million dollar collection of coins and currency stolen in October 2009 from a Maryland coin dealer’s van as he dined in a Montville restaurant. What the papers don’t show is who the FBI believe was responsible for the theft. A complaint filed by FBI Special Agent Daniel X. McCaffrey, Jr. details how Yan Kandinov allegedly bought the cache for $80,000 from an unidentified individual who said they had “something for him to look at.”
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Napolitano named Bowers president
Numismatic News
Bowers and Merena Auctions, a subsidiary of Spectrum Group International Inc., announced Dec. 1 that numismatic professional Chris Napolitano has joined the 27-year-old auction house as president. A collector since childhood, Napolitano decided to make numismatics his life’s career in 1989 with the founding of Summit Rare Coins, Inc., serving as president and CEO since its inception. Under Napolitano’s leadership spanning more than two decades, the company has handled in excess of $250 million in rare coins. In 2001, Napolitano co-founded American Rare Coins and Collectibles with locations in St. Paul and Minneapolis, which he helped to grow into a $20 million business.
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France Seizes Lava Treasure Coins

Numismaster
France recently seized an unannounced number of third century A.D. Roman gold coins as well as an ancient gold plate allegedly with a pedigree linking the material to the Lava Treasure, according to an Oct. 27 announcement. The Lava Treasure, consisting primarily of ancient Roman gold coins, received its name because the find was discovered accidentally by fishermen diving in the Gulf of Lava. The gulf is off the west coast of Corsica in the Mediterranean Sea. Corsica belongs to France.
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More News at a Glance – December 13, 2010


Coins Honoring Nation’s Oldest Military Branch Unveiled at Army/Navy Game

United States Mint
Designs for the 2011 United States Army Commemorative Coin Program were unveiled today during the annual Army/Navy football game played in Philadelphia, PA. Public Law 110-450, the “United States Army Commemorative Coin Act of 2008,” authorizes the United States Mint to mint and issue $5 gold, $1 silver and half-dollar clad coins to recognize and celebrate the founding of the United States Army in 1775.
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How Peru Became the Counterfeit-Cash Capital of the World
The E-Sylum
Back in the 1980s, Peru’s government ran the printing presses as an answer to the country’s massive economic crisis, but churning out currency only made things worse and hyperinflation topped off at 1.2 million percent by the end of the decade. The printing presses have returned, but this time it is not the government cranking out bills, and the currency coming out is not necessarily the Peruvian nuevo sol.
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Peter the Great rules Russian Coins and Currency sale with a $234,000 gold piece
Paul Fraser Collectibles
The commemorative medal marking the Battle of Riga led the way in Bonhams’ spectacular sale. Bonhams completed their sale of roughly 550 lots of rare Russian coins and currency last week with nearly 100 coming from the Tsarina collection. We felt confident in predicting that many of the best lots would shoot past their estimates given the rapidly increasing power of the Russian collectibles markets which certainly has numismatics at its head. We weren’t disappointed.
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Hobby Popularity Boosted Dime Saving
Numismaster
Perhaps it is time we take a second or even a first look at some of the lower-mintage Mercury dime dates like the 1938-D. Right now the 1938-D seems fairly stable in terms of price, but you have to think that $34 for an MS-65 and $62 for an MS-65 with full split bands is awfully inexpensive when you consider its mintage and the potential for demand for a coin that is now more than 70 years in age. The 1938-D Mercury dime had a mintage of 5,537,000. It seems unlikely that a coin with such a mintage would be overlooked, and especially overlooked for seven decades.
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Morgan dollars in high demand after silver surge

Rare Coin Market Report
Gold and silver continued their assent Dec. 6, with gold hitting a record $1,432.50 and silver reaching a 30-year high of $30.73 during trading on Dec. 7. Investors continue to be worried about the financial stability of Europe, the potential for a weak U.S. dollar, and the possibility that the Federal Reserve will expand its latest stimulus package to buy more U.S. bonds. These factors, combined with increased demand associated with the holidays, means there is a strong likelihood that bullion prices may keep increasing.
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Mint delays sale of America the Beautiful 5 Ounce Coins

Numismatic News
A flood of complaints about high prices caused the U.S. Mint to postpone the beginning of sales of the 5-ounce America the Beautiful silver bullion coins. The Mint was supposed to begin selling 165,000 of the new 3-inch diameter pieces to its Authorized Dealer Network on Dec. 6. However, before the day was finished, the Mint issued a statement saying it was not confirming any sales that day.
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More News at a Glance – December 8, 2010


Pinoy’s design chosen for 2012 Olympic coin

ABS-CBN News
A Filipino graphic designer based in London has brought a rare and distinct honor for the Philippines. Roderick Enriquez could not believe to this day that his coin design would become one of the treasured mementos for the 2012 London Olympics. His sporting design was chosen to be printed on millions of 50-pence, the biggest coin circulating in Great Britain. Enriquez submitted four entries, but his design for the wrestling sport got the nod of the International Olympic Committee.
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Commentary requires discerning eye
Numismatic News
Early this morning I was reading some overseas commentaries on precious metals and one presented what appeared on the surface to be a very logical argument for the price of gold to approach infinity. Is this plausible? Well yeah, if you believe in the tooth fairy. The problem with 98 percent of those who write about precious metals is that they are in the business of selling it. They use fear and greed to promote their business. So one must sift through articles for the real and credible information. Now don’t misunderstand me.
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Coins Depict Controversial Shroud of Turin
Numismaster
The remarkable Sindone di Torino, aka Suaire de Turin, aka Shroud of Turin is on of the more controversial artifacts of Christendom. It is certainly one of the most studied. Many dismiss it as a hoax created in the Middle Ages, but millions of Christians venerate it as the burial shroud of Jesus Christ, believing it to bear the imprint of his crucified body. All four Gospels refer to Joseph of Arimathea wrapping the body of Jesus in a linen cloth before placing it in the tomb. Several pieces of cloth have been claimed to have been used in the burial, but none has gathered the religious following of the Shroud of Turin.
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2010 Proof Silver Eagles at 707,704
Mint News Blog
The total reported sales for the 2010 Proof Silver Eagle have now reached 707,704. After less than three weeks of sales, this amount has already exceeded the final mintage of the last available issue of the series. The US Mint did not provide sales data last week, so the latest report available on Coin Update News reflects two weeks worth of new sales data. The Proof Silver Eagle had debuted with sales of 273,212, so the latest total represents an increase of 434,492.
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The Story of the Truman Library Collection

The E-Sylum
In the late 1940’s Joseph B. Stack, my uncle, became friends with John W. Snyder, Truman’s Secretary of the Treasury. John W. Snyder was a coin collector and we at Stack’s assisted him in forming a collection, different than others we had help develop. The collection was in honor of all the Presidents’ and featured one coin of each denomination that might have been issued during his Presidency. For example, for George Washington, you would need a Half Cent, large Cent , Half Dime, Dime, Quarter , Half Dollar, Silver Dollar, a Quarter Eagle, Half Eagle and Eagle.
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More News at a Glance – December 7, 2010


America the Beautiful Silver Bullion Coins Halted

Coin Update News
The Federal Reserve Bank of Kansas City says it will open a Bowing to consumer concerns about the excessive premiums being charged for the America the Beautiful Silver Bullion Coins, the United States Mint will delay the launch of the program. No orders placed by the primary distributors have been confirmed, while the Mint attempts to determine the appropriate course of action to best serve customers. The new silver bullion program was expected to launch today. The coins would feature the designs of the America the Beautiful Quarters, stuck in 5 ounces of .999 fine silver.
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Hobby Gifts Are Always a Good Fit
Numismaster
As I write this column, the store displays in Wausau, Wis., are interesting, advertising for Halloween, Thanksgiving and Christmas—all at the same time. I guess that is an indicator of how bad the retail economy is. The paper money hobby, however, seems to be in decent shape. For my part, I think prices are just about right, room for a profit for the dealer and affordable for the collector. We will continue to see big prices on finest know or super scarce notes, but the majority of large-size type notes remain affordable for the serious collector.
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The Tsarina returns: A coin collection from Russian royalty comes back to auction
Paul Fraser Collectibles
Bonhams’ sale will be led by an Alexander II gold coin which could easily bring $100,000. Tomorrow, December 8, Bonhams is presenting their auction of the Tsarina Collection of Russian Gold Coins and Medals as part of their 530 piece Coins and Banknotes sale. Comprised of just under 100 items, this private collection has been off the market for many years with several of the coins and medals never having been offered at public auction at all.
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Low mintages to create new modern rarities
The Rare Coin Market Report
The U.S. Mint’s Dec. 1 announcement that it is placing tighter than expected mintage limits on the new 2010 America the Beautiful 5-ounce .999 fine silver bullion quarter dollars may result in the creation of some new modern rarities. The large (3 inches in diameter) and undoubtedly impressive coins will surely be in hot demand, especially with such limited supplies.
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Ancient Coins Stolen From Germany

The E-Sylum
At the Museum Schloss Hohentübingen, Tübingen (Germany, Baden-Württemberg), 44 antique coins were stolen from a showcase in the public exhibition room. The theft was reported to the local criminal investigation department on Wednesday November 24. The delinquent(s) are still unknown. The stolen pieces include Hellenistic and Roman imperial coins. Obviously, the thieves were especially interested in gold coins, for they took 37 staters, aurei and solidi, furthermore 5 coins of silver and 2 of bronze.
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Peace pipe chosen

Numismatic News
A ceremonial peace pipe will grace the reverse of the 2011 Native American $1 coin. Both the Commission of Fine Arts and Citizens Coinage Advisory Com-mittee had endorsed the design earlier this year. Its selection was announced Nov. 26 by the United States Mint. The theme for the design is “Supreme Sachem Ousamequin, Massasoit of the Great Wampanoag Nation Creates Alliance with Settlers at Plymouth Bay (1621).”
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More News at a Glance – December 6, 2010


Federal Reserve to Open Denver Money Museum

The E-Sylum
The Federal Reserve Bank of Kansas City says it will open a “Money Museum” and conference center at its Denver Branch next month. The new features are part of extensive renovation to the first floor of the Denver Branch, at 1020 16th St. in downtown Denver. The 7,000-square-foot Money Museum “will offer visitors a unique look at the nation’s central bank in action,” the Fed said in a statement. “Visitors can learn more about the Federal Reserve through interactive exhibits that explore an efficient payment system, a safe and sound banking system, and how monetary policy provides for a stable economy.”
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2010 Silver Eagle Coins Make History in November
Silver Coins Today
November was a history making month for 2010 Silver Eagle coins. The bullion version broke three records during the month and the numismatic proof version debuted with exceptional three-day sales. The 2010 Silver Eagle bullion continues to add to its all-time annual sales and mintage records, but the last of the three records — how many were sold in November — is now official history.
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The Famed “Comet” 1807 Large Cent
Stack’s
In our upcoming January 26-27, 2011 Americana Auction there is a magnificent 1807 S-271 large cent, the famed “Comet” variety of that year, so named for the comet-like die sinking behind Liberty’s head. This particular specimen is from the Bement, Beckwith, Gies and Hogan Pond collections and is one of just two examples that have earned an MS-65 Red and Brown grade from PCGS.
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Coin Modernization Bill Passes Senate
Coin Update News
The bill H.R. 6162 Coin Modernization, Oversight, and Continuity Act of 2010 passed in the Senate on November 30, 2010. This was the same day that a separate coin related bill authorizing palladium bullion coins was also passed in the Senate. In order to become law, both bills now only await the President’s signature.
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Build Partial Set of Large Cents

Numismaster
To specialize in large cents is a task that intimidates many a collector. One glance at the scope of this series, from 1793-1857, shows you what a challenge you have ahead. The rarities in the set can stop a determined collector. Although all large cents were struck at Philadelphia, and you won’t have to worry about mintmarks, the collecting of large cents can keep a collector busy, searching, and studying for many years, even with a hefty collecting budget.
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ANA backs WWI commem

Numismatic News
A World War I commemorative dollar to be struck by the U.S. Mint in 2017 won the support of the American Numismatic Association board of governors. Rod Gillis, ANA numismatic educator, asked for the board’s support noting that commemorative coins honor veterans of the Civil War, World War II, the Korean War and the Vietnam War, but no coinage exists to honor World War I soldiers. The board took action when it met Nov. 30 via conference call.
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More News at a Glance – December 3, 2010


Mary Todd Lincoln First Spouse Gold Coin

Mint News Blog
The US Mint will begin sales of the Mary Todd Lincoln First Spouse Gold Coins today, December 2, 2010 at 12:00 Noon ET. This will represent the final release of the year for the 24 karat series and one of the most well known First Ladies. The obverse of the Mary Todd Lincoln Gold Coin features her portrait, as designed and sculpted by Phebe Hemphill. Inscriptions include “Mary Todd Lincoln”, the motto “In God We Trust”, “Liberty”, order of the Presidency “16th”, years served “1861-1865”, and the date and mint mark.
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Ancient, English and Foreign coins shatter their pre-sale estimates at Spink
Paul Fraser Collectibles
Collectors and investors gathered in London to see a number of coins exceed all expectations, this week. The Spink ‘Ancient, English and Foreign Coins and Commemorative Medals’ auction ended in London yesterday, with some very impressive figures and a few surprises for numismatists. The sale made a total of £3,206,472 and amongst the lots were many that greatly exceeded expectations, with some selling for up to ten times their pre-sale estimates.
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Who Are We and How Do We Collect?
Numismaster
In all my years of collecting coins, reading and writing about coins and learning about coins, I have often wondered what exactly is a coin collection and what makes up a coin collector, or as those in the hobby like say, a numismatist. Does a coin collection have to be many coins, or can it be just one or two? Does it take years of study and collecting to be a numismatist, or do you instantly become one the first time you put away a few coins that you like and enjoy?
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Search for value buying opportunities
Numismatic News
I am a value buyer. When at shows, dealers will come by with boxes/sets of coins to offer. I mention this really as an indication of the opportunity that exists in the current coin market with the strong rise in precious metals. As a value buyer, I look at anything in terms of what it will bring at current prices and whether it is interesting and salable in a reasonable time.
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Mint Revises $1 Coin Design For 2011

Vending Times
The U.S. Mint said it will update the design of the Native American $1 coin next year, leaving the familiar portrait of Sacagawea on the obverse (heads) side while replacing the reverse with a new image of a peace pipe being passed from one hand to another. The Native American $1 Coin Program, mandated by Congress, requires the U.S. Mint to issue $1 coins featuring designs celebrating the important contributions made by Indian tribes and individual Native Americans to the history and development of the United States.
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A Steady Market in an Uncertain World

Stack’s
The market has remained relatively unchanged during the past week or so. Demand for choice and rare coins of all kinds remains strong, with investors competing for high grade issues, MS-65 and Proof-65 and higher, especially for items priced from a few hundred dollars up to several thousand dollars. There is, of course, continuing demand for higher priced coins, but the number of newcomers coming into the field and dropping hundreds of thousands of dollars as a start have been fewer.
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More News at a Glance – December 2, 2010


Gold coins among discovery of ancient artifacts

International Business Times
Gold coins were among the relics unearthed from the capital of an ancient Buddhist Kingdom in Northwest Pakistan, according to published reports. Also found in Taxila, the seat of the Kingdom of Gandhara and a learning center, were in excess of 100 seals of ancient Buddhist Kingdom, the rare Red Stone, and sculptures of Buddha, according to People’s Daily online. Officials believe the find dates to a time period between the first century BC and the fifth century AD.
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Collectors Usually Prefer the Proofs
Numismaster
People have been collecting proof sets and proof singles for a long time. Just consider the 1886 sale of the J. Colvin Randall collection offered by W. Elliot Woodward. The proofs included three-piece proof sets of 1878 (10 sets), 1879 (82 sets) and 76 of the 1880. The listing was not clear, but it is thought the 35 additional 1880 sets were full going up to the Trade dollar and the same might have been true of the 32 1882 sets.
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American Palladium Eagle Coins with Silver Mercury Dime Design Approved
Silver Coins Today
Legislation authorizing the US Mint to strike American Palladium Eagle coins was approved Tuesday by the U.S. Senate and has been sent to the desk of President Barack Obama to await his expected signature. The coin legislation was originally introduced by United States House of Representative member Denny Rehberg (R) from Montana to add bullion and collector proof and uncirculated Palladium Eagle coins to the US Mint’s product offerings.
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The Forged Roman Silver Denarius
The E-Sylum
Roman coin discovered by a cleaner was struck at the time of Christ by a forger who couldn’t spell and didn’t know one emperor from another. Experts at the British Museum say the coin is a mystery because it is made from solid silver and probably cost the forger as much to make as he received in profit.
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5 Ounce America the Beautiful Silver Bullion Coins

Coin Update News
Today, the United States Mint provided the release details for the America the Beautiful Silver Bullion Coins. The maximum mintages for these eagerly awaited coins will be lower than expected and numismatic versions will be available. The new bullion program was authorized under Public Law 110-456. This is the same law that authorized the America the Beautiful Quarters series.
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Multi-coloured Lebanese banknote could float to $93,300 in London

Paul Fraser Collectibles
The auctioneer has announced a second day of selling collectible currency next week. As we’ve reported Spink is offering a full private collection, the Pestrello collection, of rare collectible banknotes on December 9, based on banknotes from the Bank of Portugal. There are two 50 million reis notes from 1889 available; each expected to fetch up to €16,000 ($20,900).
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More News at a Glance – December 1, 2010


Rare California Bank Notes and 34-Ounce Gold Nugget in Auction

Coin Update News
A collection of more than 100 historic Orange County California bank notes and a 34-ounce gold nugget from the collection of the late William (“Willie”) Pannier will be among the highlights of the pre-Long Beach Expo auction to be conducted by Ira & Larry Goldberg Coins and Collectibles in Beverly Hills, California, January 31 – February 2, 2011.
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The Finest Known Wheat Cent
About.com
Have you ever wondered which Wheat Cent is considered to be the best one in the world? According to the grading service PCGS, the finest known wheatback penny was minted in 1919 by the Philadelphia Mint, and earns the astonishing grade of MS-69 on the 70-point coin grading scale. For a copper coin to merit such an ultra-high grade, several things have to line up just right.
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Rare coins auction journeys from Ancient Greece to Modern Rome
Paul Fraser Collectibles
Two rare and historic items set to star in the next Artemide Aste sale couldn’t be much further apart. The Artemide Aste sale of rare coins and medals on December 18 has two standout lots, with more than 2000 years between them. The highest-priced coin of the auction is a rare Greek Tetradrachm from the city of Agrigentum, dated 464-450 B.C.
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Gold Coin Premiums Begin to Go Higher
Numismaster
Gold is up 1.5 percent, silver 3.5 percent and platinum a paltry 1 percent. Platinum continues to react to oil pricing, which has been weaker on European economic woes from banking problems in Ireland and pending labor strikes in Portugal protesting the austerity needed to dig out of their debt mess. Gold is the safe haven and has reacted to the Korean military situation and news of miners unrest.
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Proofs in demand

Numismatic News
Collectors eagerly grabbed 273,212 proof silver American Eagle coins in the opening two days of sales. The 2010 pieces became available at noon Eastern Standard Time Nov. 19, and as expected, a crush of initial buyers, slowed response times on the U.S. Mint’s website and generated busy signals on the telephone order lines for the first several hours.
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Article Highlights Rare Oxford 1066 Penny

The E-Sylum
A rare coin made in Oxford in or around 1066 – the year of the Battle of Hastings – is set to fetch up to £1,500 at an auction next month. The 1,000 year-old silver penny was made in Oxford by a so-called moneyer named Aelfwig during the 10-month reign (January 5,1066, to October 14 1066) of King Harold II. Harold was killed after being shot in the eye with an arrow at the Battle of Hastings, which was won by William The Conqueror on October 14,1066, and which is recorded on the Bayeux Tapestry.
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More News at a Glance – November 30, 2010


Sedwick Treasure auction No. 8 realizes $1.3 million

Coin Values
All prices here reflect the 18 percent buyer’s fee, which is discounted to 15 percent for cash payments. The auction offered shipwreck-recovered coins and bars, as well as Mexican and other Spanish colonial coins, plus English, world, U.S. and ancient coins. The 2,789-lot auction was called the firm’s “biggest yet.” Three hundred thirty-six lots, or 12 percent, did not sell.
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Early coin from China’s first-ever modern mint is estimated at $60,000
Paul Fraser Collectibles
An historic piece of Chinese numismatic history is auctioning in Hong Kong, and online. A late-19th century Chinese coin is expected to sell for the equivalent of tens of thousands of dollars in Hong Kong, tomorrow (December 1), at Champion Hong Kong’s auction. The piece is question is an undated Hina-Kwangtung coin from 1889 from the first set of coins ever made at China’s first modern mint.
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Canadian 2010 Crystal Snowflake Silver Coins Near Sell Out
Silver Coins Today
Two recently released 99.99% pure silver coins featuring a unique crystal snowflake design are almost sold out, the Royal Canadian Mint advised customers late last week. Sales of the Mint’s $20 Blue Crystal Snowflake and $20 Tanzanite Crystal Snowflake have each passed 90% of their maximum mintage, which is 15,000 across both options. The two silver coins were released by the Royal Canadian Mint in October along with its other final 2010 issues.
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CFA Review of 2012 America the Beautiful Quarter Designs
Coin Update News
Although the America the Beautiful Quarters Program just completed its first year of release, design candidates have already been prepared and reviewed for the third year of the series. The 2012 America the Beautiful Quarters will feature El Yunque National Forest in Puerto Rico, Chaco Culture National Historic Park in New Mexico, Acadia National Park in Maine, Hawaii Volcanoes National Park in Hawaii, and Denali National Park in Alaska.
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New Coins from Latvia and France

The E-Sylum
Latvia has issued a coin containing a small piece of amber. The coin was issued on Nov. 15. The coin has a face value of 1 lat. France has issued 100 Euro circulating coin. It is being issued at face value hence it can be truly called a circulation coin. This is the third and last year for an innovative concept: renewing usage of precious metals as circulation coins. This tradition was started in 1960 with the silver 5 Franc coin, and was abandoned with the demise of the Franc.
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Micro Nations Prosper in Coins

Numismaster
Numismatic Guaranty Corporation ancient coin authenticator David Vagi has joked with me about a fictitious country he calls Gurkistan. World coin dealer Allen Berman is well known for promoting the mysterious kingdom of Bermania. There are more places than you might think that exist in someone’s mind, but their physical existence may be limited to fantasy coins or perhaps to some place that may only be visible at low tide.
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More News at a Glance – November 26, 2010

US Mint Deletes 2010 Proof Silver Eagle Orders in Error
Coin Update News
The United States Mint has discovered that an estimated 2,700 orders placed online have been deleted in error. Approximately 2,200 of these orders were for the 2010 American Silver Eagle proof coins. The Mint has been attempting to contact the customers whose orders have been affected. The deleted orders were placed between Friday, November 19 at 12:00 Noon ET and Sunday, November 21 at 7:30 PM. During this time, the Mint had processed more than 35,000 online orders.
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Many Coins Undergraded
Numismaster
For the last two months, I’ve been writing about my efforts to get the most out of a very odd accumulation of coins. In addition to such oddities as a large number of 20-cent pieces and Territorial gold, the collection included long runs of half cents, large cents, and Indian Head cents. Because these coppers (and copper-nickels) were housed in less than optimal holders (2- by 2-inch cardboard staple-type with soft plastic for the windows) in a suboptimal environment (high heat and humidity), most of the coins were quite dark and often corroded.
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$180,000 for a Chinese coin series missed by even the best collectors
Paul Fraser Collectibles
For numismatists, Ponterio’s upcoming auctions in Hong Kong mean the year will end on a high. Early next month, Ponterio Coins is set to kick off a major sale of World Crowns and Minors, with some other gold coins on offer too. Whilst there are coins from all round the world on offer, the Hong Kong Division of Bowers and Merena begins with the Wa She Wong Collection of China and Hong Kong Coins, which includes some spectacular examples amongst the 478 lots.
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Donald Ariel, Overseer of Israel’s National Coin Collection
The E-Sylum
When he was a senior at Brown, Donald Ariel took a graduate-level class in ancient coins in which the professor assigned cataloguing a coin collection at Wheaton College in nearby Norton, Massachusetts. The collection consisted of 250 coins, all of them minted during the time of ancient Greece or Rome. “We were told to do the full Monty,” Ariel says. “Learn how to organize the collection, how to identify the coins, how to find the relevant reference material, and how to write up a catalog describing each one and its significance.”
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Where’s the beef?

PCGS Blog
The beef these days is in Plus + grades. Yes that’s right; while lots of people are asking how to value Plus graded coins others are out there making them and selling them for huge increases over regular grades. When PCGS introduced Plus grading last March most people thought it was a good idea. We had been beseeched by collectors over the years to do something to recognize coins that were superior for the grade. Our Plus standards have been very strict and not many coins achieve this distinction.
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Final 2010 First Spouse Gold Coin and Bronze Medal

The United States Mint
The final 2010 coin in the First Spouse Coin Program, struck in honor of Mary Todd Lincoln, will be available at noon Eastern Time (ET) on December 2. The one-half ounce 24-karat gold coin is produced at the United States Mint at West Point in proof and uncirculated qualities. Pricing for the coins will be based on the United States Mint’s pricing structure for precious metals products. For current pricing information, visit http://usmint.gov/pressroom/index.cfm?flash=yes&action=goldplat. Bronze medals that bear a likeness of the gold coin will be available for $5.50 each.
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More News at a Glance – November 23, 2010

Portugese banknotes from Pestrello collection could ‘float to the top’ at Spink
Paul Fraser Collectibles
A London auction of late 19th century notes is likely to capitalise on the upwards trend in collectibles London auction house Spink is holding another currency auction early in December – not the Ancient, English and Foreign coins auction on December 1-2, which as we’ve mentioned stars a ‘failed’ coin from the reign of Edward IV – but one using a more recent form of money.
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Sixth day of Christmas on Manx 50p
Numismatic News
Six geese a-laying appear on the reverse of a new Isle of Man Christmas 50 pence coin. The new coin portrays the sixth verse of the favorite traditional festive carol The Twelve Days of Christmas. A portrait of Queen Elizabeth 11, who is Lord of Man, is on the obverse. According to Pobjoy, the Christian tradition of celebrating the Twelve Days of Christmas, starting on the Dec. 25 through to the morning of Epiphany on Jan. 6, is based on a sequence of verses in the Bible
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5 Sleazy Gold Coin Scams
The Street
With gold prices rising thanks to the economic and market chaos, the shiny yellow metal’s profit potential is drawing some unscrupulous gold scam artists out of the woodwork. Here are five of the most common and most damaging gold scams out there right now — plus 3 safe ways to invest in gold. Gold Scam No. 1: Grading Games. The Coin Con: In gold coins, MS-70 is the top of the heap — a “mint state” coin that has never been handled. But what’s an easier way to increase the value of a coin than to lie about the condition?
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2010 Proof Silver Eagle Sales Debut
Silver Coins Today
Collectors wasted no time in purchasing more than a quarter of a million 2010 Proof Silver Eagles, indicating that there truly was pent-up demand for the silver coins. US Mint customers ordered 273,212 of them in less than three full days, according to the most recent sales figures. Those include all Proof Silver Eagle sales from their release on Friday, November 19, 2010, through this past Sunday, November 21, 2010.
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A Lustrous 1795 $10

Stack’s
Stack’s is pleased to announce it has been chosen to sell a small collection of early gold coins as part of our January 26-27, 2011 New York Americana Sale, the highlight of which is a 1795 $10 gold piece. This BD-2 variety is graded AU-50 by PCGS and is still in its original first generation slab. This lustrous and well-struck example shows some light circulation friction and light marks, but has a wholesome appearance.
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Fallen Marine David Smith Honored With Medal in His Name

The E-Sylum
This story about a fallen Marine mentions, toward the end, the establishment of a scholarship and medal program by East Carolina University in the name of the Marine, who died in Afghanistan in January. Of course the article calls it a “coin” but we know it to be a medal. Marine Sgt. David Smith’s parents and stepparents planned to spend Veterans Day at Arlington National Cemetery, sitting at the grave of their son, who was killed in Afghanistan in January.
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More News at a Glance – November 22, 2010

Many ways to collect Seated design
Numismatic News
All those Seated Liberty coins. What’s a collector to do? Six different denominations, rarities, dates and mintmarks, spanning 54 years. Even for a devoted fan of the series, completing any set of these classic American coins seems hopeless. Or is it? Finding a set-within-a-set can enable a Seated Liberty fan to complete a set to his liking. Take each denomination within the series, and see how a nice collection can be assembled, maybe without a big cash outlay.
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London auction offers ‘failed’ $11,000 coin from the reign of Edward IV
Paul Fraser Collectibles
Here’s how a gold shortage in England in the 15th century produced a rare coin on today’s markets. It was one of the first-ever gold coins struck in Paul Fraser Collectibles’ home city of Bristol, nearly 450 years ago during the reign of Edward IV (brother of Richard III, pictured top right). And next month, an historic 7.48g half-ryal coin is set to auction at a Spink in London with a £5,000-7,000 ($7,988-11,183) estimate.
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The Completeness of Louis Eliasberg’s U.S. Coin Collection
The E-Sylum
Eliasberg’s collection was magnificent, of that there is no doubt. But those who follow stories like this closely know that Eliasberg did not quite succeed in his task; one of them, evidently escaped. My notes say that when the family turned the collection over for auction by Bowers & Merena in the early eighties, he was one coin down: an 1866 no motto $20 gold piece. The king of coins was by then deceased, his estate, or heir, offering the gold coin collection anonymously through Bowers & Merena, and from my perspective, there was a mystery to be solved of who was selling the Eliasberg coins without calling them such.
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1820 Cent Well Represented in Hoard
Numismaster
There are many interesting stories about large cents. The 1820 large cent is among the dates involved in the story of the Randall Hoard. If we go back to 1820 we find that the 1820 large cent had a mintage of 4,407,550. That was a very large total. In fact, it was a record for the time. Under the circumstances we would expect the 1820 to be an available date. This is basically true in every grade starting at $29 in G-4 and going up to $300 in MS-60. While the mintage would suggest the 1820 should be at available date prices, that is not always the case with coins of the era.
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New Lincoln one-dollar coin is introduced

MSNBC
Robert Hood writes: Consumers have shown time and time again that they favor paper bills over $1 coins. Most adults have not seen, much less held, one of the 1.3 billion $1 coins that have been minted over the years. It begs the questions why the government keeps producing and marketing the coins. Supporters of coin usage argue that it’s more economical to use coins. It costs about 16 cents to make a $1 coin, and that coin lasts 30 years. It costs about seven cents to produce a $1 bill, but that bill has a life span of about 21 months.
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More News at a Glance – November 19, 2010

Canada Tops First COTY Vote
Numismaster
None of the five U.S. coins nominated for the 2011 Coin of the Year Awards survived the first round of balloting. Ninety-three coins issued by mints worldwide were nominated for the award that honors coins issued in 2009. Judges picked winners in 10 categories. From these, they will select a Coin of the Year winner. The public will join in the process by selecting a People’s Choice Award winner from a field comprised primarily of the category winners.
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Europe’s banks kept gold for future
Numismatic News
It is very easy to take something for granted. We do it all the time and that includes the coins we collect. There are millions of U.S. gold coins in the market today and that means if you want a simple type coin in a higher grade it is usually not that hard to find. What many do not realize is that despite a history rich in gold coins and a national history rich in gold rushes and the lure of gold, the fact is our current situation with regard to historic gold coins could very easily have turned out very differently.
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2010 Proof Silver Eagle on Sale Today
Coin Update News
Today the United States Mint will begin sales of the 2010 American Silver Eagle Proof Coin. Demand for the collectible one ounce silver coin is expected to be intense. The American Silver Eagle features Adolph A. Weinman’s “Walking Liberty” design, originally used for the the circulating half dollar coin from 1916 to 1947. Miss Liberty strides confidently forward, towards a rising sun, with one hand outstretched and the other carrying a bouquet of olive branches. The reverse of the coin features a heraldic eagle with an arrangement of thirteen stars above, designed by John Mercanti specifically for the series.
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More on Replicas and the Hobby Protection Act
The E-Sylum
Speaking of replicas: Regarding the tiny “COPY” inscription on the Higley copper reproduction illustrated in previous issues, I wrote: “I thought that “COPY” was a wee bit small myself. So which regulatory agency is in charge of enforcing the Hobby Protection Act?” Ben Keele writes: The Federal Trade Commission issues the regulations, and they are found at Title 16, Part 304 of the Code of Federal Regulations.
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‘Colossally rare’ Italian coin carries a $10,000 estimate in New York

Paul Fraser Collectibles
The ‘largest and highest denominated Italian gold coin of its era’ will auction at Spink Smythe, tomorrow. Numismatists won’t want to miss out on Spink Smythe’s November Collectors’ Series Sale, which is taking place tomorrow (November 20) in New York. A number of rare and coveted coins and banknotes are appearing in the sale, with highlights among the former including this certified 1903-R 100 Lire Italian Gold coin.
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Gold coin sales increase by 400%

BBC
Sales of gold coins have soared by 400% so far this year compared with 2009, according to the Royal Mint. With the price of gold hitting record levels, the Mint says commemorative coins are in strong demand. Sales of silver coins have also risen, though by a comparatively modest 20%. “In these days of economic uncertainty people look for something they can see as being a bit more secure,” Dave Knight, director of commemorative coins at Royal Mint, told the BBC.
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More News at a Glance – November 18, 2010

Is penny worth $3 million?
By Barrett J. Brunsman – Cincinnati Enquirer
The front of the penny supposedly shows both the head of Abraham Lincoln and the wheat stalks that normally are on the back.”It looked like it got stuck in the die, and it got re-stamped,” said Wilkins, 64. “It’s totally ridiculous (that some) think it’s a fake,” Wilkins said. “It’s jealousy.”Fred Weinberg, a respected dealer in so-called error coins, is among those who think the penny isn’t worth much – if anything.
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Historic German and Austrian coins and medals appear for sale in Stuttgart
Paul Fraser Collectibles
Rare centuries-old numismatic gems are available for online bids, in an auction closing later today. Of the 1,604 rare coin lots that are presently up for sale at Auktionen Meister & Sonntag in Germany on November 17-18, there are some noteworthy lots for entry-level investors. Among them is this very rare and “tiny” 30 Kronenthaler coin dated to 1811 and bearing the image of Friedrich II of Austria (unknown-1246), the third son of Duke Leopold VI.
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Newly Discovered 1861 Demand Note
Numismaster
A newly discovered 1861 $10 Demand Note, Fr. 10a (the only known example), will be featured in Heritage Auctions’ Signature Currency Auction slated for Jan. 6-8 in Tampa, Fla. Heritage is the official auctioneer of the Florida United Numismatists Show. The auction will consist of three floor sessions, held Jan. 6-8, 2011 in Tampa, Fla. and one online-only session that will take place Jan. 10, 2011 in Dallas.
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CCAC Reviews Arnold Palmer Congressional Gold Medal Designs
Coin Update News
The Citizens Coinage Advisory Committee (CCAC) recently reviewed obverse and reverse design candidates for the Arnold Palmer Congressional Gold Medal. As stated by Kaarina Budow of the U.S. Mint, the Medal is being award to Mr. Palmer “in recognition of his service promoting excellence sportsmanship in golf.” During the same October 26 meeting, the Committee had also reviewed the design candidates for the 2012 America the Beautiful Quarters and the New Frontier Congressional Gold Medal.
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Wayne’s Numismatic Diary

The E-Sylum
Tuesday the 9th was the night of the November meeting of Nummis Nova, my Northern Virginia numismatic social group. Our host was Gene Brandenberg, who made reservations for us at the Union Street Public House in Old Town Alexandria, VA. For many years Gene operated a coin shop right next door. The location was especially convenient for Bill Eckberg, who lives within walking distance.
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Insiders Secrets to the Coin Biz

About.com
This two-part article will teach you the behind-the-scenes secrets to buying and selling coins. In the first part, I explain the business from the coin dealer’s perspective, how he views the coins people bring him to him, hoping he’ll buy them, and how he arrives at his offers. In the second part, I explain how to sell your own coins for maximum profit when you want a dealer to buy them. It should come as no surprise that one of the most important things you can do is “stage” your collection, much like Realtors “stage” a house for sale. Make the collection look its best (but don’t clean your coins, that’s not what I mean!)
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More News at a Glance – November 17, 2010

Second Pirate Coin from Perth Features Morgan
Numismaster
What kid of any age can resist pirate coins? The second in a five-coin series commemorates Henry Morgan. Struck in aluminium-bronze it features a design where Morgan is shown against the backdrop of a pirate ship. The design depicts a colored representation of a pirate chest, two barrels (hogsheads) and a bottle of rum, and also incorporates The Perth Mint’s “P” mintmark.
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‘Pop by Block’ Listing New from PCGS
Numismatic News
The newest resource for paper money collectors now is available online. The population of serial block numbers is now included in the Professional Coin Grading Service Currency Population Report, a listing by grade of more than 250,000 notes authenticated and certified by PCGS Currency. Updated daily and available by subscription to members of the PCGS Currency Collectors Club and all PCGS Currency Authorized Dealers…
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2010 Quarters Silver Proof Set Climbs
Silver Coins Today
Overall, demand for collector silver products eased compared to the previous week, the latest US Mint sales figures show. One exception to the slower Mint sales was the 2010 America the Beautiful Quarters Silver Proof Set™. It experienced its best gain since early last month. It experienced its best gain since early last month. The quarter set advanced 3,494 and exceeded its prior week’s move of 2,477 by 1,017.
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So What’s a ‘Del Boy?’
The E-Sylum
Regarding this passage in a U.K. newspaper article, I asked “So what’s a “Del Boy”? How are early counterfeits like these catalogued in the literature?” A Roman coin discovered by a Brighton cleaner was struck at the time of Christ by a “Del Boy” forger who could not spell and did not know one emperor from another…
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Mount Hood National Forest Quarter Erupts on the Scene in Portland

United States Mint
The Mount Hood National Forest quarter erupted on the scene today in a launch ceremony at Portland’s World Forestry Center. United States Mint Deputy Director Andy Brunhart and Forest Supervisor Gary Larsen, Mount Hood National Forest, co-hosted the event, which included appearances by Oregon Treasurer Ted Wheeler and the United States Mint mascot, Peter the Mint Eagle. Matt Zaffino, chief meteorologist for KGW-TV, served as master of ceremonies.
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Hot Springs Natoinal Park Quarters Three Coin Set

Mint News Blog
Later today, the United States Mint will begin sales of the 2010 Hot Springs National Park Quarters Three Coin Set. This will be one of three new product types introduced for the series this month. Each set contains one uncirculated quarter each from the Philadelphia and Denver Mints, along with a proof quarter from the San Francisco Mint. The three coins are mounted on a plastic card containing a description of the site and coin, along with a certificate of authenticity. Each set is priced at $13.95.
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More News at a Glance – November 16, 2010

Auctions Anchor Baltimore Expo
Numismatic News
Underpinned by an official show auction that realized $13.2 million and a pre-show sale of $4.5 million, the Baltimore Expo staged a strong performance Nov.. 4-7. General Manager David Crenshaw noted that attendance was up by 12 percent over the 2009 figure as well. “We are pleased to announce that this year’s November Baltimore Expo enjoyed four solid days of attendance, a great deal of buzz on the bourse and general satisfaction from dealers and collectors alike,” Crenshaw said.
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“Collector” Comments in 1931
Stack’s
Here is some philosophy by “Collector,” printed in The Numismatist, March 1931. Building a fine collection adds satisfaction and contentment to life—a sentiment that is still true today in 2010. “Collector” March 1931.
“The collector, whether he collects shoestrings or masterpieces of art, is a most fortunate person. He who is born with the bump of collecting has the inestimable advantage of being able to exclude tedium from his life…”
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‘Wealthy Investors Want an Alternative to Stocks’: Paul Fraser Talks to Reuters News
Paul Fraser Collectibles
With prices of collectibles up 208% over the last decade, and autographs up on average 335.9%, it was perhaps only a matter of time before the world’s major press agencies began approaching us for interviews. On this occasion, the agency was Reuters, the UK-based news service and former financial market data provider. They wanted to know more about these mysterious assets which are outperforming traditional investments such as stocks and shares.
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Fractional Currency: Paper Money Substitutes of the Civil War
Numismaster
The collector’s first encounter with U.S. Postage and Fractional Currency invariably provokes two questions: What is it? Why was it issued? How was it used? The first question is easily answered. Postage and Fractional Currency is genuine paper money of the United States issued during the 1862-1875 period in denominations of 3, 5, 10, 15, 25 and 50 cents.
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Perth Mint to Sell Coins at Live Prices

ABC Rural
Australian investors are now able to purchase gold and silver bullion coins at live prices. In a world first, the Perth Mint has set up a website where customers can monitor the constant fluctuation in prices and purchase when they want throughout the day. Since the global financial crisis, the demand for physical gold has skyrocketed and investors have purchased that gold at a daily fixed price.
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Proof Gold Buffalo Coins Approach 40,000

Coin Update News
Sales of the United States Mint’s numismatic gold coins were up nearly across the board in the latest weekly sales report, possibly related to increased sales ahead of a recent price increase. The 2010 Proof Gold Buffalo saw sales nearly reach the 40,000 level, and the 2010 Proof Gold Eagle 4 Coin Set recorded the highest unit sales for any gold product.
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More News at a Glance – November 15, 2010

Baltimore Rare Coins Expo Sells a 1796 ‘Instant Numismatic Rarity’
Paul Fraser Collectibles
Of ‘superior’ quality, this two-of-a-kind early US Half Dollar coin realised $299,000 at auction. We couldn’t resist taking another look at the highlights in Bowers and Merena’s Whitman Coin & Collectibles Baltimore sales expo in Baltimore, US, on November 4-5. Selling alongside the ‘finest’ two-of-a-kind 1851 Lettered Edge Humbert $50 – which is also certainly worth a look – was an historic Half Dollar from 1796.
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Harmony Hoard Helps Half’s Availability
Numismatic News
No early coin of the United States can really be called available, but at least among early silver issues the 1794 half dollar would have to be seen as more available than might be expected. That makes it possible for collectors to obtain an example at a very reasonable price. It is pretty easy to overlook the 1794 half dollar. When it comes to silver coins, the bulk of the attention goes to the 1794 silver dollar.
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Viewpoint: Replace Smaller Bills With Coins
Numismaster
I am in total agreement about some things said in the “Letters” segment of the Nov. 9 issue of Numismatic News. First is the politics issue. Like Mr. Mooningham, I too am tired of hearing people writing about what one president (or political person) did or caused in his/her lifetime and why they should/should not be portrayed on a coin. They are on that coin/medal because the government feels that person had made some significant contribution to our history.
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Will The New Form 1099 Law Be Repealed This Month?
Coin Update News
As many of you probably have heard, an obscure provision of the new health care bill adopted in March, Section 9006, requires all 34 million American businesses, governmental agencies, and non-profits to submit Form 1099 for any payments to any provider of goods or services that total more than $600 in a calendar year. This law takes effect on January 1, 2012.
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Ireland’s “Barnyard” Euro Coin Series Extends Classic Designs

The E-Sylum
The Central Bank and Financial Services Authority of Ireland will issue a very special silver coin honoring their well known and much loved “Barnyard” series of circulating coins designed by Percy Metcalfe and first issued in 1928. This will be the first time Percy Metcalfe’s artwork will be presented in the Euro currency. As a tribute to the first coins of the Irish state, the Central Bank has chosen to expand these designs and give them more relevancy within the EURO by updating them within a “New Generation.”
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Finland Children and Creativity Silver Coin Issued

Silver Coins Today
The Mint of Finland recently released the Children and Creativity silver coin, the second issue in its “Ethical Collector Coins” series. A few milestones are represented by this strike, including the fact that its design was the first chosen by popular vote. Over 1,000 visitors to the Mint of Finland’s website selected it over ten others that were submitted by students attending special senior secondary schools dedicated to the arts.
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More News at a Glance – November 12, 2010

Netherlands 5 and 10 Euro Waterland Coins Released
Coin Update News
?The Royal Dutch Mint has issued two new commemorative coins to mark the Netherlands close relationship with the waterways systems throughout the country. One coin carries a face value of 5 Euros and is struck in silver, while the other carries a face value of 10 euros and is struck in gold. The obverse design features a frontal portrait of H.M. Queen Beatrix along with a reflective image beneath the main portrait including the text or legend of the Queen. The reverse design shows a a geo-political map of the current boundaries of the Netherlands including the reclaimed land towards the coast, along with the coin’s denomination and year of issue 2010.
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Trial Likely for Langbord 1933s
Numismaster
Resolution of the legal positions of the U.S. Mint and the descendants of Israel Switt over the fate of 10 genuine 1933 double eagle coins moved one step closer to trial on Oct. 28 with release of a 20-page decision by U.S. District Court Judge Legrome Davis Jr., from the federal court on the Eastern District of Pennsylvania. A trial would occur in late 2011 or in 2012. Both sides have been battling since September 2004 when Switt’s daughter, Joan Langbord, and her two adult sons, contacted the Mint’s counsel, Daniel Shaver, to ask if the Mint would authenticate 10 coins thought to be genuine 1933 double eagles.
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2010 Proof Silver Eagle Coins Not Sold Out
Silver Coins Today
A selection of U.S. Mint customers received a jolt this week after they were notified in an email that their 2010 Proof Silver Eagle subscription was placed on backorder. A second email then came a few days later saying their order had been canceled because the silver coins had sold out. The two messages were actually sent in error. The 2010 Silver Eagle is not sold out. The Mint later confirmed that fact in a third email sent to customers.
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More Than One Way to Value a Set
Numismatic News
Yesterday I had a conversation with fellow staff member Tom Michael, who works on the Standard Catalogs. We were talking about all of the circulation finds collectors who had an old Whitman cent album for coins from 1941 to date. Hundreds of thousands of us, perhaps millions of us, filled those albums hole by hole and have retained them ever since. They have no value beyond face value. What good are they?
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E-Sylum Featured Website: Counterfeiting

The E-Sylum
This week’s Featured Web Site is suggested by John and Nancy Wilson, of Ocala, FL, who write: We found a site that would be very useful for readers of The E-Sylum. It deals with counterfeits and has many helpful links regarding that subject. As you know counterfeits are very harmful to the numismatic hobby and it is always great when a site is devoted to the subject. Lots of information is on the site including some great references. You will also find links for money artists James Stephen George Boggs and Timothy Prusmack.
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More News at a Glance – November 10, 2010

Unique Lebanese Banknotes go Under the Hammer in London
Paul Fraser Collectibles
Spink will be assisting in the sale, which looks to catch an exciting trend in Middle Eastern collecting. Notaphily is a rapidly growing area in collecting, and as we’ve noted banknotes are increasingly showing how strong they can be as investments, especially in the Middle East where Iraqi and Palestinian notes has torn up their estimates this year. Spink has been at the forefront of such bank sales, and so it is unsurprising that they are involved in the sale tonight of Exceptional Serial Number Lots from the first issue of the 1000 Livres of 2008 from the Banque du Liban.
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CCCCOA Journal Awarded
Numismatic News
Curry’s Chronicle, the journal of the Carson City Coin Collectors of America, has received awards from the Numismatic Literary Guild and the American Numismatic Association, it was announced in the fall-winter 2010 issue of the publication. The NLG bestowed its Best Issue Award in Small Publications for Clubs category on Curry’s Chronicle for the third time in four years. In 2009, the journal received the NLG’s Extraordinary Merit Award.
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Disposal of Strange Collection Continues
Numismaster
Last month I introduced you to a collection, or perhaps two collections, that I’ve been asked to dispose of as profitably as possible. Part of the accumulation, as I indicated, was easy to deal with, as it consisted of mostly modern Mint products, such as proof sets and mint sets. There were also some 90 percent silver coins taken from circulation as well as some extremely common silver dollars. The other part of the collection was more interesting, both for what was in it and for what was not in it.
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Numismatic Gold Coin Price Increase
Mint News Blog
After narrowly missing the mark the past two weeks, a pricing increase for US Mint numismatic gold products seems almost certain to happen today around late morning. The average price of gold based on the London Fix prices from the prior Thursday AM to the current Wednesday AM was $1,393.28 per ounce. The US Mint’s numismatic gold products are currently priced within the lower $1,300 to $1,349.99 range.
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Gold, Technology, the Future, and More

Stack’s
Our 75th Anniversary Sale held in Baltimore last week was a great success. If you were a bidder or buyer, thank you! If you did not participate you can look forward to our next two sales, both in New York City in January—our World Coin Sale and our Americana Sale. Some consignment slots are still available for each, but hurry! In recent days gold has been in the limelight—the price being propelled upward by a decline in the value of the dollar.
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1980 Lake Placid Olympic Hockey Gold Medal Sells

The E-Sylum
Heritage has sold an important Olympic medal for $310,700.00. Here’s the auction lot description. 1980 U.S. Hockey “Miracle on Ice” Olympic Gold Medal Presented to Mark Wells. They finally made a movie about it in 2004. It had to be done, and it’s frankly surprising that it took almost a quarter century for “Miracle” to hit the big screen, Kurt Russell providing star power as coach Herb Brooks.
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More News at a Glance – November 8, 2010

Austrian Mint Charlemagne in Untersburg €10 Silver Coin
Coin Update News
The Munze Osterreich (Austrian Mint) has issued the fourth €10 silver coin in their ongoing “Tales and Legends in Austria” series. This coin tells of the legend of Untersberg in intricate detail. The famous emperor Charlemagne and his army sleep beneath the mountain awaiting the recall to life. The obverse of the coin depicts a shepherd boy being shown the way by a dwarf as he points to the mysterious mountain which the ravens are circling on the slopes of the Untersberg.
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1857-C Gold Dollar Lacked Quality
Numismaster
There are some awfully good coins that get very little recognition. That statement could be applied to a large number of gold dollars, one of them being the 1857-C. It’s fascinating to consider how much attention we spend on Morgan silver dollars, for example. It is many times overlooked that in the 1850s the dollar coin being used by much of the U.S. was not a silver dollar but rather the small gold dollars that had been produced since 1849.
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Ron Paul Gains Clout Over Mint
Numismatic News
Congressional Demo-crats had the stuffings kicked out of them Nov. 2 suffering many more than the 39 needed to turn over control of the House of Representatives to the GOP and making John Boehner of Ohio the new Speaker of the House and giving Rep. Ron Paul a subcommittee chairmanship from which to wield an increased influence. Republicans needed a gain of 39 seats to obtain control in the House, but picked up more than 60 seats. There are 435 members in the House, with 218 seats needed for operational control.
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Could This Roman Coin be the Most Incompetent Forgery of all Time?
Paul Fraser Collectibles
A silver denarius found in Brighton may be more valuable because it is so obviously not genuine. There are few things worse than finding that a coin you own is fake – unless you’re Rob Clements and the coin is a Roman one, apparently created by a dyslexic forger. Numismatic experts often have to break it to disappointed coin-finders that Roman coins are often not very valuable. The Roman Empire was vast and buzzing with trade after all. Only coins which are rare or unique for some reason are valuable.
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Market Reports Provide Sense, Auction Results Provide Proof

Rare Coin Market Report
After a major show, there is little shortage of collectors and dealers who post market reports. These can be useful for providing a general sense of the market at a given show, while a look at the auction results provides tangible proof of where the market is at a given moment. Coinfest was held Oct. 28 to 30 in Stamford, Conn. It’s a relatively new show and promoted a bourse of 150 dealers in 2010. This year the show suffered a loss and a gain.
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Ashbury Park Sidewalk Dollars

The E-Sylum
If he hadn’t sent the picture, I’d have told him he was having a flashback to the Psychedelic 60s. I’m stumped – this is the first time I’ve seen anything like this. How are the dollars anchored and protected from the elements? Readers? -Editor
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More News at a Glance – November 5, 2010

How’s This For Inflation? Hawaii $10 Bank Note Sells For $134,500 in New York
Paul Fraser Collectibles
Doyle auctioneers of New York held a successful sale of Coins, Bank Notes, Postage Stamps and Gemstones on November 1. The auction offered property from a variety of prominent estates and private collections – with a number of numismatic gems included among the lots. According to Doyle, the event attracted competitive international bidding from buyers in the salesroom, on the telephones and via the internet.
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Coin Bills Pending
Numismatic News
With mid-term elections over, it is time to look at the numismatic program of the 111th Congress, which will be replaced in January 2011 by a 112th Congress comprised of individuals elected Nov. 2. There are a number of numismatic successes, as well as some failures. In the latter category, to the surprise of many, is a proposal signed onto by retiring Senate banking committee chairman Chris Dodd, D-Conn., for a Mark Twain commemorative. He introduced it and it went nowhere.
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Some Spicy Reading on Those Old Mint Reports
The E-Sylum
There is nothing so dead as an old book. Well, that might be true of a piece of popular pulp fiction now forty or fifty years old, but what about a dry as dust piece of statistical compilation from a past century ? The time is 6am and the day of a dealer in numismatic books is a long one, though only because I wake early. As a reader of this journal you are a self-confessed bibliophile, so you may know what I mean.
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Date Set Affordable Quarter Option
Numismaster
The Washington quarter, seen everyday and thought of as a common coin, has been minted for nearly 80 years. A collector could have a good time with a series spanning so many years, whether he plans a complete date and mintmark set or decides to concentrate on a shorter set. If you haven’t considered a Washington quarter set, or think it’s not much of a challenge, try a short set to get a feeling of what the series is about. You may find it’s a fun set to build any way you choose, and assembling the set has its own challenges.
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2010 Silver Eagle Bullion Coin Sales Leap to Annual Record

Silver Coins Today
As of Thursday, November 4, the United States Mint had sold more American Silver Eagle bullion coins in 2010 than in any other year of the coin’s history. U.S. Mint buyers ordered 3.15 million of the .999 fine silver coins in October, breaking a streak of four straight monthly declines. October sales combined with the already 255,000 sold in November (150,000 of those on Thursday) lifted 2010 Silver Eagle bullion coin sales to 28,885,500.
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Mount Hood Quarter is Last Issue For 2010

NJ.com
The final new coin in the first year of the America the Beautiful quarters program will debut Nov. 17, honoring Mount Hood National Forest in Oregon. Mount Hood National Forest covers more than a million scenic acres just 20 miles from Portland, Ore., extending from the Columbia River Gorge for more than 60 miles.
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More News at a Glance – November 4, 2010

Look to Luster When Grading Foreign
Numismatic News
Foreign coins can present some unique problems for graders. There is a lack of grading guides, different grading standards, unfamiliar coins and an infinite variety of designs produced by different mints. Fortunately, all of these impediments can be overcome with familiarly, study and practice. About 18 percent of the coins we receive at Independent Coin Graders on a weekly basis are from countries other than the United States.
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On Materials Used in Coins and Medals
The E-Sylum
The list of materials given by Tony Clayton as having been used in making coins and medals is extensive and fascinating, but I’ve got a few possible add-ons, particularly where medals are concerned…I can even offer some attached scans as “proof.” Wood is used for many medals, and even for wooden nickels (17th Century German medal of an unknown man). Then, too, there’s sawdust, mixed (it is said) with blood to form Bois Durci (19th Century French medal of Abee L’Epee)
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Liberty Head Nickel Has Many Fans
Numismaster
What coin series come to mind when you think of Charles E. Barber? I suspect it’s the three different series that bear his name: Barber dimes, quarters, and half dollars. But the long-serving Mint engraver was also responsible for the series featured in this article: Liberty Head nickels. Of course, as a designer, Barber doesn’t have the world’s greatest reputation. Walter Breen, in particular, had nothing good to say about the man. Breen once wrote that Barber “was notable for only two things: dullness [in his designs] and adamant opposition to outsiders’ designs.”
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One Ounce Proof Gold Eagle Sold Out
Coin Update News
Following less than a month of availability, the United States Mint has sold out of the individual one ounce 2010 Proof Gold Eagle. The latest US Mint sales report shows total sales of 25,000 units, representing the limit for the product. The remaining product options for the 2010 Proof Gold Eagles showed sales of 373 (one half ounce), 246 (one quarter ounce), 609 (one tenth ounce), and 1,366 (4 Coin Set). The final product includes the one ounce proof coin, so although the individual option has sold out, the coin remains available within the set.
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Numismatic Gold Coins Avoid Another Price Increase

Mint News Blog
For the second week in a row, the United States Mint’s numismatic gold products will narrowly avoid a pricing increase. Prices for the 2010 Proof Gold Buffalo, 2010 Proof Gold Eagles, and First Spouse Gold Coins should remain unchanged today. The US Mint’s basic policy for numismatic gold and platinum coins provides that the prices may be adjusted as frequently as weekly, based on the average London Fix price of the metals from the prior Thursday AM to the current Wednesday AM.
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Pre-1965 Silver Coin Melt Values Hit 30-Year Highs

Silver Coins Today
It takes little recognition to realize silver coin melt values for pre-1965 U.S. coins are surging with each successive push of fresh 30-year high silver prices. However, the level of their gains in even shorter time periods can be shocking. In early October, a poor quality 1963 Franklin half dollar had a melt value of $8.29. A worn out 1964 Washington quarter was worth $4.14. Today, that half dollar is worth 75 cents more at $9.04 and the quarter is up 40 cents to $4.52. More mind-numbing, this year alone their respective melt values have increased $2.89 and $1.45, respectively.
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More News at a Glance – November 3, 2010

New Frontier Congressional Gold Medal Designs Reviewed by CCAC
Coin Update News
I attended the October 26th meeting of the Citizen’s Coinage Advisory Committee in the Mint’s headquarters in Washington, D.C., and witnessed the members’ discussions of the obverse and reverse designs for the New Frontier Congressional Gold Medal. The medal honors the space missions of John Glenn aboard Mercury Atlas 6 (first American to orbit the Earth) and of Neil Armstrong, Buzz Aldrin, and Michael Collins aboard Apollo 11 (first and second people to set foot on the Moon, and the pilot of the mission command module).
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SpinkSmythe Sells Sheets
Numismatic News
Andrew Mellon left the office of Secretary of the Treasury in 1932, but now from the estate of his son, Paul, collectors will find uncut sheets of paper money issued during his father’s term of office in a Nov. 20 auction to be conducted in New York City by Spink Smythe. Included will be the third, seventh and 10th uncut sheets printed of the small-size Series 1928 Silver Certificates.
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Pricing Questions: Guides are Just Guides
Numismaster
Price charts are perhaps one of the most confusing part of the coin collecting hobby. Almost every day I get a question or two about the value of a coin—a question that can’t readily be answered. For example, if I quote the value range for an 1873 Trade dollar (from $100 in Good to $12,500 in Mint State-65) guess which figure they will assign to their coin. And, guess how mad they will be if a dealer offers a reasonable price for the actual grade.
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Mystery Surrounds Silver Coin Find
Belfast Telegraph
A Roman coin discovered by a cleaner was struck at the time of Christ by a “Del Boy” forger who could not spell and did not know one emperor from another, it has been claimed. Experts say the coin is a mystery because it is made from solid silver and probably cost the forger as much to make as he received in profit. The silver denarius is based on coins struck to commemorate the Battle of Actium between Octavian and the combined forces of Mark Antony and Cleopatra in 31BC.
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The Australian Proof 1930 Penny

The E-Sylum
In our October 17th issue we published excerpts from an article profiling Australian coin dealer Belinda Downie. Mentioned in the article was a Proof 1930 Penny for sale “from the celebrated collection of A.M. Le Souef, former deputy master of the Melbourne Mint.” But the provenance of the coin has been questioned. On the web is a transcript of a July 2009 Australian Broadcasting Corporation program interviewing people familiar with the piece. Here are some excerpts.
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COIN QUIZ: Believe It Or Not!

Stack’s
From your editor’s files here is a little quiz you may find interesting. Give it a try! The late great Robert Ripley’s column furnishes the heading for this quiz. In each instance the answer is rather unlikely, from a logical viewpoint—but it is surrounded with other unlikely possibilities, so this is not as easy as you might think! This is in the line of one of Walter Breen’s favorite comments—that a guinea pig is not a pig or is it from Guinea, etc.
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More News at a Glance – November 2, 2010

Branch Mint Half Dimes Start With ‘O’
Numismaster
When the 1838-O half dime was produced it was the first half dime to be issued at a mint other than the main facility in Philadelphia. It would be the start of an interesting group of frequently lesser known coins as the branch mint Seated Liberty half dimes are not heavily collected but they are a fascinating group to study and with limited collector demand they are also a collection of early silver coins that are usually at very affordable prices.
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November 2010 Coin Collecting Calendar
Coin Update News
The following events related to coins and coin collecting will take place during the month of November 2010. The schedule for the month is packed with three different coin shows, two coin launch ceremonies hosted by the US Mint, and a flurry of new US Mint products. The month begins with the Whitman Coin & Collectibles Expo held in Baltimore, Maryland. Grading firms PCGS and NGC will both be available at the show for on-site grading. The official auction for the show will be held by Bowers and Merena.
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Prices Reflect Not Only a Coin’s Grade…Quality Matters, Too
Rare Coin Market Report
New and experienced collectors alike are often confused when they see two coins in the same grade selling for very different prices at auction. Dealers are quick to say that the coins that sell for more are nice for the grade, while those that don’t sell for the high end of expectations are at the low end of the grade. But when it comes to the higher end of the market, the answer can be both supply alongside the merits of the coin itself.
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Disabled Veterans Silver Dollar Commemorative Coins End Dec. 13, 2010
Silver Coins Today
The proof and uncirculated Disabled American Veterans Silver Dollar Commemorative Coins will go off sale on Dec. 13, 2010, the United States Mint revealed Monday. The U.S. Mint placed the remaining 2010 commemorative silver coins on its “Last Opportunity” website page indicating they are to be discontinued at 5:00pm ET on the 13th. The $1 silver commemoratives were authorized by Public Law 110-277 and honor the service of disabled veterans who made enormous personal sacrifices while serving their country.
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ANA Chooses Civil War Theme

Numismatic News
With the Civil War sesquicentennial next year, the American Numismatic Association has selected the theme “Blue, Gray and Greenbacks” for National Coin Week, slated April 17-23, 2011. The beginning of the observance will be almost on the April 12 anniversary date of the 1861 Fort Sumter bombardment, which began the war.
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25 Year-Old French Underwater Gold Theft Resolved

The E-Sylum
Three amateur divers in 1985 stole a dish of Roman coins and gold from the “treasure of Lava. The testimony of one of the robbers, who was arrested last Thursday. After 25 years of investigation, the Department of underwater archaeological research and submarine (DRASSM) of the Ministry of Culture and Communication have laid hands on a dish and Roman gold coins from the “treasure of Lava “.
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More News at a Glance – November 1, 2010

Three Exceptional Coin Collections Go Under the Hammer in Baltimore
Paul Fraser Collectibles
‘The #2 collection’ of Standing Liberty Quarters is among the highlights at next month’s US auction… Auction house Bowers and Merena will conduct the official sale of the November 2010 Whitman Coin & Collectibles Baltimore Expo, scheduled for November 4-5. The sale will present more than 3,500 lots of important United States coins and currency, with three consignments in particular standing out…
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Popular. But Did We Do it Our Way?
Numismaster
Many of us as collectors have roots in the circulation finds era. The coins that are the most popularly collected and have the highest prices tend to be those that we started collecting many years ago because we could find them in circulation. I know I am not the only one who committed key mintage figures to memory and treated the 484,000 figure for the 1909-S VDB Lincoln cent as some sort of yardstick against which all other rarities were measured.
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PCGS…It Really Did Start As A Book
PCGS Blog
PCGS is about to celebrate its 25 anniversary! We opened for business in February, 1986. The story about how PCGS came to be tells a lot about the coin market and what happened. And it also tells a lot about what will most likely happen in the future. I was obviously there, so I’ll give you my insider’s view of what happened 25 years ago, and I’ll also give you my feelings about where all of this is going.
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1796 Quarters Preserved in Hoard
Numismatic News
The 1796 quarter had an important place in history and this, combined with its very low mintage, results in it being very valuable. Its current prices are $11,000 in G-4, $82,500 in MS-60 and $235,000 in MS-65. The fact that there even is an MS-65 price for a 1796 quarter indicates that there is more to the story since most often we do not even see prices listed in MS-65 for coins of 1796. The quarter was authorized along with the other denominations on April 2, 1792, but production of the quarter and dime was delayed until 1796.
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2010 Silver Piedfort Maple Leaf Coin Sells Out

Silver Coins Today
Released late last month, the single 2010 Silver Piedfort Maple Leaf Coin from the Royal Canadian Mint sold out in less than a week, leaving only a gold and silver piedfort set remaining. Their quick disappearance from Mint shelves is not entirely surprising owing to their unique design and limited 6,000 mintage. Each coin continues the tradition of a maple leaf image which dates back to 1988 when the first Silver Maple Leaf was introduced by the Mint.
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Quick US Mint Updates

Mint News Blog
There are a number of recent news items related to the US Mint that I wanted to briefly cover. These deal with two upcoming coin launch ceremonies, the 2011 Mint Set, and designs for the 2012 America the Beautiful Quarters. Abraham Lincoln Presidential Dollar. The US Mint announced details for the coin launch ceremony for the 2010 Abraham Lincoln Presidential Dollar. The ceremony is scheduled to take place on November 18, 2010 at 10:00 AM ET. The location will be President Lincoln’s Cottage on the grounds of the Armed Forces Retirement Home in Washington, DC.
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More News at a Glance – October 29, 2010

John Lennon £5 coin issued by Royal Mint
BBC
Lennon won the Royal Mint’s public vote for the next “Great Briton” to be immortalised on a limited edition coin. Other names on the shortlist were Jane Austen and John Logie Baird. The Beatles singer, assassinated in 1980, now joins William Shakespeare, Sir Winston Churchill, Charles Darwin and Florence Nightingale in the series. The coin is priced at £44.99.
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ANA Settles Suit, Sets Budget
Numismatic News
News of lawsuits settled and a balanced budget passed came quickly during the open session of a telephone meeting of the American Numismatic Association board of governors held Oct. 26. It was the lesser details that bogged the board down in its discussions during the remainder of the hour and 20 minutes before adjournment into executive session. The board confirmed a 9-0 e-mail vote taken Oct. 21 to settle its legal disputes with the Denver law firm of Davis, Graham and Stubbs and Janet Savage. Terms of the settlement were not disclosed.
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Viewpoint: Got Gold? Coins? What About a Job?
Numismaster
For those subscribers to Numismatic News who read Viewpoint regularly, this is my third submission for the year. In April, I discussed why gold and silver are no longer money in the modern sense, and we should not lie to ourselves that they are. In July, I offered that a uniform worldwide currency exchange market made commodity-backed currencies superfluous, because convertibility (a key need of currencies) was taken into that market-based mechanism and away from metal content or representation.
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Mount Hood National Forest Quarters
United States Mint
Mount Hood’s last major eruption was in 1790, 15 years before Lewis and Clark’s expedition to the Pacific Northwest. But on Wednesday, November 17, the public is invited to witness an eruption of a different kind, as thousands of new quarter-dollar coins struck in honor of Mount Hood National Forest are released during a ceremony in nearby Portland, Oregon. The ceremony will take place at 10:30 a.m. Pacific Time (PT) at the World Forestry Center located at 4033 SW Canyon Road in Portland.
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Holiday Packaged Coin Sets are Often Overpriced

Jacksonville Observer
It’s begun… again. At this time every single year, one day I’ll walk to the mailbox, open it and wonder if I accidentally received the mail for the entire neighborhood. After months of average mail delivery, I discover I have been inundated with scores of catalogs. That will continue for almost two months. It’s the holiday season and I believe that no one told the catalog companies that we’re still in a bit of an economic downturn. My first mail delivery netted 18 catalogs.
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Could a Rusty Coin Re-Write Chinese-African History?

The E-Sylum
It is not much to look at – a small pitted brass coin with a square hole in the centre – but this relatively innocuous piece of metal is revolutionising our understanding of early East African history, and recasting China’s more contemporary role in the region. A joint team of Kenyan and Chinese archaeologists found the 15th Century Chinese coin in Mambrui – a tiny, nondescript village just north of Malindi on Kenya’s north coast.
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