NGC has discovered that 2008-W Uncirculated Silver Eagles have been struck with two different reverse types. Many are aware that Silver Eagles issued in 2008 show numerous subtle modifications to their design. NGC has now confirmed that 2008-W Uncirculated Silver Eagles were also struck using reverse dies of the pre-modification style, or reverse type of 2007.

The two reverse styles are very easy to distinguish from one another. As NGC previously reported, the most obvious identification diagnostic is the U of UNITED on the coin’s reverse. On the Reverse of 2008, the U has a spur on the right side of the letter. The Reverse of 2007, has simply a bowl-shaped U, without spur or downstroke. A number of other diagnostics are evident and are illustrated below.

NGC is designating 2008-W Silver Eagles with reverse style of 2007 as REVERSE OF 2007. Coins of the newly modified style, or Reverse of 2008, are encapsulated without designation. “This is a significant hub variety,” comments Rick Montgomery, NGC President. “It has very clear diagnostics, and appears on one of the most widely collected of all US coins. We’re also very proud to be the first to present this information to the numismatic community and to attribute the variety as part of the NGC certification process.”

Read Full Article by NGC on the Discovery

Jeff Makkos of Ohio reports finding a double struck 2007-P James Madison dollar in a Mint-issue set. The type of double strike involved is what errorists refer to as an “In-Collar Double Strike with Rotation Between Strikes.”

The cause may be due to two different scenarios.

The first possibility is that the coin was struck normally and then reentered the coining area falling back over the collar where it was forced back into the collar by a second strike in a position rotated just a few degrees away from the original strike.

Another possibility suggested by CONECA president Mike Diamond, is that coin remained in the collar while the inner sleeve of the collar broke loose and rotated within resulting in the same effect.

Because a coin normally expands in diameter ever so slightly upon ejection it is difficult for it to completely reenter the collar unless forced. The forcing of the coin into the collar often results in it only being forced part way and and edge that looks to have two levels or what is known as a “Partial Collar.” Makkos’ coin does not show a partial collar, indicating that it was either forced all the way back into the collar during the second strike or could have been in a rotating collar.
Read Full Numismaster Article by Ken Potter

A rare silver coin that the Jews used to pay the half-shekel head tax to the Temple has been discovered in what was the main drainage channel of Jerusalem in the Second Temple period – a phase in Jewish history that extends from the return of the first of the exiles in 539 BCE following the declaration of Cyrus, or with the reconstruction of the Temple in Jerusalem in 516 BCE, until the Temples destruction in 70 CE.

The ancient silver coin was discovered in an archaeological excavation in the City of David, just below and east of Jerusalems Old City.

The foreign coin is of the denomination used during the turbulent Second Temple period to pay the Biblical half-shekel head-tax.

The excavations, directed by Eli Shukron of the Israel Antiquities Authority and Professor Ronny Reich of the University of Haifa, are being conducted on behalf of the Israel Antiquities Authority, the Nature and Parks Authority and the Ir David Foundation.

The silver coin is a shekel denomination. In the Bible, Jews are commanded to contribute half a shekel each for maintaining the Temple in Jerusalem. The collection began every year on the first day of the month of Adar when the heralding of the shekelim took place, and it ended on the first day of the month of Nissan, the beginning of the new fiscal year for the Temple, when the purchase of public sacrifices was renewed. (more…)