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Category: Items of Interest

The Three L’s of Coin Photography

By Pinnacle Rarities

The digital age has ushered in a new coin cabinet for collectors. Digital photography allows collectors to display their treasures without leaving their valuables exposed. Registry programs and advances in the digital technology, coupled with the proliferation of the rare coin websites and social networking platforms, has made digital coin representations an integral part of a collector’s portfolio. The overall demand for quality photos has been facilitated by digital camera manufacturers who produce a number of cameras capable of capturing the nuances of rare coins. With practice, consistent high quality images can be taken by any collector, even with a limited equipment budget. If you plan on photographing your coins yourself, here’s a quick primer. Consider these three “L’s” before you get started – the lens, the lighting, and the luster.

The Lens

The first “L” stands for the lens, but it includes other camera equipment too. It isn’t necessary to spend thousands to capture images of you coins. However, don’t fool yourself. In photography, the more you spend, the more you get. The “more” may just be more bells and whistles. But most likely, the “more” will be in the optics. The cheaper lenses do not produce as sharp an image especially along the peripheries. It will perform poorly in tougher lighting situations. The general rule here is the more light that gets through the lens, the better the depth of focus. Better light will result in crisper images up close. The better the lens the more light it lets through.

In this same vein the body of the lower priced camera will not have the options and “gadgets” that the more pricey models may include. The expensive models will produce better resolution and have a wider range of file types and sizes to choose from. You will get better results with cameras that have interchangeable lenses. You should outfit these cameras with a good quality macro lens (macro zooms are adequate, I suggest splurging on a dedicated macro lens). If you’re using an “all in one” point and shoot camera, you’ll still be able to get great images. However, a macro setting is a must. The macro setting is usually a flower icon. You may want to consult your owner’s manual.

If you are planning to image coins sealed in third party holders (or slabs), consider this plastic an additional “lens”. Before you photograph your coins, be sure that you’ve cleaned the holder to the best of your ability. Fingerprints and sticker glue will fog the holder. Many holders develop scratches on the surfaces from handling and contact with other holders. These will show-up in high quality images. Some of this can be removed or at least masked using a variety of plastic cleaners and polish. The heavier scuffs may need a light polishing with the aid of a small power craft tool fitted with a polishing wheel. (We use a Dremel MiniMite). Practice this before ruining a holder on a prized possession.

You’ll need to stabilize the lens and camera. Trying to achieve anything of quality with a handheld camera is futile. A simple inexpensive tripod at the corner or a low table works as well as a professional photo stand. Remember position you camera where you’ll be able to manipulate your lights, while keeping the camera stationary. This set-up is our second “L”.
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THE BULLS, THE BEARS, AND CALIFORNIA GOLD COINS

By Richard Giedroyc – HCC Rare Coins

Once upon a time gold was worth a paltry amount compared to the lofty figures it commands per ounce today. Since gold didn’t have such an incredible value, nor did it fluctuate much in price, it was practical to be used as a coinage metal.

California Fractional Gold CoinsThe United States is only one of many countries that over many centuries issued gold composition coins. As the United States expanded so did its need for circulating coinage. In 1848 gold was discovered at Sutter’s Mill in California. People dropped whatever they were doing, sometimes almost literally, and headed for the west coast of what today is the United States to seek their fortunes. Believe it or not even the gold mines in the Carolinas and Georgia in the Appalachian Mountains were abandoned as people perceived that it would be much easier to mine the golden metal in California than in the east.

Some found what they sought. Others would be disappointed. One thing, however, was certain. If the population explosion in California was to be sustained economically either barter would have to be greatly expanded or a lot more coins than had been available were going to be needed in commerce.

The United States recognized the need for a regionally located mint to fill this need. Prior to the establishment of the San Francisco Mint facility in 1854 private parties, primarily jewelers and assayers, produced their own coinage to fill the void. Since gold was readily available while silver was not the private coinage issuers in California used gold to produce what today are generally referred to as Pioneer or Private and Territorial Gold issues.

Although most collectors will remember the more famous issues struck in denominations of $5, $10, $20, and $50, these same private minters struck fractional denominations as well. These “quarters,” “half dollars,” and “dollars” were also struck in gold, since silver was not generally as available. These coins are tiny, many of them being less than 20 millimeters in diameter.

These fractional denominations were useful in making small change, but they were also a nuisance due to their diminutive diameter. These small denomination gold coins were easily lost. There was little consistency to their designs or shapes. Some depicted the head of Liberty, while others depicted an Indian. Some were round, while others were octagonal. It was likely quite a relief once the San Francisco Mint was able to begin supplying sufficient quantities of small change coins to displace these fractional issues.

These small denominations first appeared in 1852. Some of them had as much as 85 percent of their face value as precious metal content, while others were gold plated. The Coinage Act of April 22, 1864 made all privately produced coinage illegal, however due to a lack of enforcement and poor wording of the legislation many of these small denominations continued to be issued simply without a denomination on them. For practical purposes the issues ceased after 1883, however after this date imitation tokens that were backdated to the 1850s continued to be issued right into the early part of the 20th century. (more…)

Ancient Coin Importation Restrictions: Thoughts on becoming a target of the “cultural property” advocates.

By Wayne Sayles – Ancient Coin Collecting Blog

Some people crave attention and will do almost anything to draw a spotlight toward themselves, even if it is outrageous. I’m not one of those people by nature. I much prefer the serenity and seclusion of our pastoral environment here in the Ozarks to the hustle and bustle of the city or the glad-handing that people in the corporate and political world call “networking.”

In fact, my most precious moments have been on a sailboat ghosting along in a light breeze with nothing but sky and water to contemplate. I find an isolated mountain stream equally inviting if I have a rod in hand and a trout waiting to be tempted. Yet, I often find myself drawn to the city and sometimes into the spotlight as a matter of necessity. Why? Having endured all that I could stand of the outlandish criticisms and insults hurled by fanatical archaeologists at the antiquities market, and by extension at my lifelong passion of ancient coin collecting, I felt compelled to speak out.

That happened in 2004, and here I am six years later still speaking out against the same atrocious behavior. If anything, the situation has gotten worse since the antiquities trade and the museum world have essentially abdicated before a combination of foreign and home-grown nationalist attacks. The numismatic community seems to be the only roadblock these days to sweeping nationalist and institutional control of cultural property and thereby to absolute control of history and the record of the past. Is that bad? Only from the point of view of those who favor truth over revisionism or those who feel that culture is as much a personal as a national heritage, or believe in personal property rights and freedoms. Of course it is also bad for the numismatists who have suddenly been thrust into that unwelcome spotlight.

Personally, my career in numismatics dates back some 40+ years and I enjoyed that time in the comfort that the discipline, call it a hobby if you will, was genteel. The relationships between professional and amateur numismatists were not only friendly and cooperative, they were in most cases collegial. Respect flowed both ways. What a difference we see today! Understandably, I’ve become a focal point for criticism, along with others, by virtue of my active opposition to cultural nationalism. That, I expected.

What I did not expect and am sincerely saddened by is the depth of hatred and hostility that permeates the opposition today. Being the focus of an ideological polemic is one thing, but being personally villified and ridiculed by educated people, from a discipline that I once respected, is something entirely different. That sort of verbal barrage has now become a daily event in my life. Initially, I was offended.

My career as an officer in the U.S. military instilled in me a very strong sense of personal pride, integrity and responsibility. I founded the ACCG to create a voice for ancient coin collectors that was conspicuously absent in the face of a growing assault. The numismatic trade in this field had its advocacy groups, collectors had none. I’ve spent the past six years, as a volunteer, working for the interests of collectors. (more…)

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