Coin News Daily May 12, 2009

Dave Hunt and Bob March join Certified Assets, open West Coast Office
Certified Assets Management Inc.
Certified Assets Management, Inc, one of the foremost certified rare coin dealers in the world is pleased to announce the opening of its New West Coast office at 1400 N. Harbor Blvd. Ste in Fullerton, CA. Bob Higgins, president of Certified Assets stated:” We have assembled a team comprised of the best numismatic talent in the industry, and we are excited about this expansion.”
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Metal detector user David Hutchings jailed for selling fake coins
Times Online (UK)
A metal detector enthusiast who claimed to have discovered hoards of valuable antiquities during years of treasure hunting has been convicted of selling modern fakes. David Hutchings, known to fellow users as “Coldfeet”, was renowned for finding rare items. But his reputation lies in tatters after he pleaded guilty to five counts of fraud and was jailed for six months.
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Collectors Universe Reports Results for Third Quarter Ended March 31, 2009
CNN Money
For the nine months ended March 31 2009, the Company’s net service revenues were $25.9 million and the Company incurred a loss from continuing operations of $2.2 million, or $0.25 per diluted share. This compares to net service revenues of $29.0 million and income from continuing operations of $723,000, or $0.08 per diluted share, for the same nine months of fiscal 2008.
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High-end coin prices fall
By Steve Roach for COIN VALUES
The recent Central States Numismatic Society convention sale by Heritage featured a large and important collection sold under the name “Joseph C. Thomas.” The results are illustrative of the new reduced prices at the high end of the market. Many of the coins were purchased at auction during the past five years, and were offered without reserve.
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2009-D Most Dramatic Doubled Die in Years
By Ken Potter, Numismatic News
A 2009-D District of Columbia quarter has turned out to be one of the most prominent of the centralized doubled dies seen in recent years. It boasts very strong doubling of ELL of Duke Ellington’s last name, some doubling of the piano keys and panel below. All these elements were shifted diagonally to the southeast of the normal design with very wide separation.
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United States Mint to Release 2009 Spring Gift Catalog May 19
US Mint
The United States Mint announced today that its 2009 Spring Gift Catalog will be released on May 19. Featured products include the 2009 Ultra High Relief Double Eagle Gold Coin, Louis Braille Bicentennial Silver Dollar, Presidential $1 and Native American $1 Coins, and District of Columbia and U.S. Territories Quarters.
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Macedonia: Archaeologists Discovered 80 Venetian Coins in Strumica

Balkan Travelers
Archaeologists from the Regional Institute for the Protection of Monuments of Culture and Museum in Strumica recently announced the discovery of a collection of around 80 silver Venetian coins. The coins date to the end of the thirteenth and the beginning of the fourteenth centuries, the Dnevnik newspaper reported today.
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Mint To Press Fewer Coins As Economy Slows
NPR
he Federal Reserve was busy last year pumping $700 billion into the U.S. economy — expanding the country’s money supply by nearly 10 percent. But that doesn’t mean there are a lot more dollar bills circulating. In fact production statistics at the Bureau of Engraving and Printing have remained stable. And coin production has dropped precipitously. The U.S. Mint will make 3 billion coins in 2009 — a 70 percent decline from the 10 billion produced in 2008. It will be the smallest run in 50 years, and the retail economy is to blame.
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Related posts:

  1. Coin News Daily March 11, 2009
  2. Coin News Daily April 7, 2009
  3. Coin News Daily March 23, 2009
  4. Coin News Daily March 8, 2009
  5. Coin News Daily February 19, 2009
  6. Coin News Daily July 27, 2009
  7. Coin News Daily April 24, 2009
  8. Coin News Daily July 10, 2009
  9. Coin News Daily January 10, 2009
  10. Coin News Daily – May 6, 2009

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