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Coin Collecting NewsCoin News Daily June 11, 2009
Two tonnes of ancient coins found in history-laden Chinese province
China View
More than two tonnes of ancient coins dating back to as early as the Tang Dynasty (618-907) have been unearthed on a playground of a primary school in Shaanxi Province, northwest China. Zhao Aiguo, director of the cultural relics protection and tourism bureau in Liquan County, Shaanxi, told Xinhua Wednesday that the coins were found when workers were excavating the grounds Tuesday for construction of another building.
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Coins dug up by builder fetch £66,000 at auction
Cotsworth Journal
400-year-old hoard spent years in grandson’s childhood shoebox A HOARD of 17th-century golden coins raised thousands of pounds more than expected at an auction in London after being unearthed by a Cotswold builder in Chipping Norton 30 years ago. The 57 ‘jacobus’ coins, minted to mark King James VI of Scotland becoming the first Stuart King of England in 1603, were expected to be sold for a total of £50,000 but eventually went for £66,400 at the sale held by auctioneers’ company Morton and Eden.
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David Hall Deja Vu at Tokyo Coin Show
PCGS
It’s been two decades since Collectors Universe President and Professional Coin Grading Service (PCGS) co-founder David Hall visited the Tokyo International Coin Convention (TICC), but many collectors recall his appearance. Some even brought souvenirs of his visit to the most recent show where PCGS had its first “formal” booth at the annual event. At the 1989 show Hall handed out samples of PCGS-encapsulated 1964 Japan Olympic 100 Yen commemorative coins.
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Treat Collecting as Recreation, Not Investment
By Steve Album, World Coin News/span>
World Coin News, and just about every other numismatic publication, feasts on reporting the highest prices fetched at auctions, the fabulous increases of coin values, the frenzy to buy this or that coin for investment. Thus, coin collecting becomes associated with coin investing, eventually to the point that gaining a profit subsumes the joy of collecting, and the coin purchaser no longer cares a whit about the coin per se. In this series of occasional articles, my intention is to persuade collectors that accumulating coin as a hobby can still be fun.
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Focus on Matte Proof Lincoln Cents
Jaime Hernandez – PCGS
The 1909 VDB Matte Proof Lincoln cent boasts one of the lowest survival rates of any proof or business strike Lincoln cent produced from 1909 to date. The delicate and stimulating matte finish, along with the scarcity of Matte Proof Lincoln cents has captured the imagination of both experienced and new collectors. For years, the 1909 VDB Matte Proof Lincoln cents were one of the most underrated and unappreciated series in the U.S. coin market. Today, they comprise one of the most explosive and irresistible items in a series that has really begun to take off.
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Gold Bugs Make Long Beach a Hot Venue
By Laura Sperber, Numismatic News
Long Beach (held May 28-30) is a funny kind of show. The past few years we have been complaining how the show is dying – and that was during one of the strongest and longest bull markets we have ever experienced. Today, with a clearly weaker market, the show is starting to thrive again. Even management made an announcement on Thursday that attendance was up by 30 percent over last year. Go figure.
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ANA to Debut Museum Showcase in Los Angeles
ANA
The American Numismatic Association will introduce its inaugural Museum Showcase, featuring rarely seen numismatic treasures from the Smithsonian Institution, the ANA Edward C. Rochette Money Museum and private collectors, at the 2009 Los Angeles World’s Fair of Money®, Aug. 5-9 at the Los Angeles Convention Center. The Museum Showcase will be located on the bourse in a separate location from the Collector Gallery and Mint Promenade, and will feature museum-quality exhibits.
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