By Bureau of Engraving and Printing on Wednesday, September 22, 2010Filed Under: Banknotes, Video News
The first of six short videos will cover topics such as how to detect a counterfeit note, the art of banknote design and how new notes enter circulation. The episodes will feature guests from the Bureau of Engraving and Printing, the Federal Reserve Board and the United States Secret Service.
Episode One -- An introduction to the $100 public education program.
Episode 2 -- The New $100 Note Podcast Series : How To Detect A Counterfeit
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Certainly it would be hard to logically justify the continued manufacture and use of the US penny from an economic standpoint.
The Penny costs 1.7 cents to produce and is worth only 1/26th of what it used to be worth when Lincoln was President.
In fact it is estimated that the US Mint loses over 70 Million dollars a year producing this denomination of US coinage.
Let us know what you think! Is the Penny Useless? Should we get rid of it or Keep it?
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The recently concluded Boston ANA World’s Fair of Money provided CoinTelevision Producer David Lisot ample opportunity to discuss the current market conditions with a variety of dealers and numismatic personalities.
Over the next few days CoinLink will present several of these short interviews along with some of the National Mint press conferences which highlight new coins that are going to be releases this coming year.
Our first installment presents Ed Reiter, well known numismatic writer and current editor of Coinage Magazine.
Ed recently retired after 50 years as a newspaper writer and copy editor, including nearly a decade as coin columnist for the Sunday New York Times. He remains senior editor of COINage, a monthly hobby magazine where he have held this post, working from home as a sideline to his newspaper work, for more than 23 years.
ED also handle free-lance writing and editing projects, mostly related to coin collecting but sometimes on unrelated subjects. He is the author of “The New York Times Guide to Coin Collecting,” a book published by St. Martin’s Press in 2002. Since 1990, he have been executive director of the Numismatic Literary Guild, a professional organization made up of several hundred writers, editors and others around the world who help disseminate information about the hobby.