Sunken Treasure Ship Coin Buying
Susan Headley
Sunken treasure ship coins can be very appealing to us when we think we’re getting a bargain, or we believe that they will increase in value quickly. However, the more hype you see surrounding a sunken treasure coin sale, especially when it comes to a famous lost treasure ship, the more likely it is that the coins will actually decrease in value over time. When sunken treasure coins are brought up from a long lost treasure ship, it’s an exciting event for many collectors. Sometimes lots of new material comes on the market, giving you a chance to get a key coin or rare type that was never affordable before. But think before you buy: Are the prices being inflated temporarily by all the hype surrounding the find? Are you paying a huge premium just because the coin came from the Good Ship Lollipop?
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CCAC Reviews 2011 Commemorative Coin Programs
Numismaster
Design possibilities for two 2011 commemorative coin programs were reviewed today by the Citizens Coinage Advisory Committee at U.S. Mint headquarters in Washington, D.C. Members made recommendations to the Treasury secretary for gold $5 coins and silver dollars marking the 150th anniversary of the 1861 founding of the Medal of Honor. Also considered were possible designs for gold $5 coins, silver dollars and clad half dollars that will be struck to recognize the establishment of the U.S. Army in 1775. Both programs each will strike up to a maximum of 100,000 gold coins and 500,000 silver dollars in both proof and uncirculated qualities. The ceiling for clad halves for the Army commemorative is 750,000 coins. Coin design recommendations made by the Citizens Coinage Advisory Committee and the U.S. Commission of Fine Arts are advisory in nature. The U.S. Treasury secretary makes the final decision.
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Shanghai World Exposition Coin
Royal Spanish Mint
The Shanghai World Exposition will be held in 2010. The slogan that has been chosen for the Expo is “Better city, better life”. To mark the occasion and in support of Shanghai 2010 the Spanish Royal Mint has struck a collector coin whose texts and motifs, based on the Spanish pavilion, are dedicated to the commemoration of this event. The design of the Spanish pavilion is inspired by wickerwork, a craft technique that has roots both in Spain and in China. The walk around is made up of three spaces that have been given the following captions: “From nature to city”, “From the city of our fathers to the city of today”, and “From the city of today to the city of our children”.
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A Profile of a Des Moines Iowa Rare Coin Dealer
The Des Moines Register
I was raised on a farm in Mapleton and collected coins as a kid. I opened a small coin store in Ankeny in 1980 and soon branched out into jewelry. I had no formal training in either field and no one in my family had any background in coins or jewelry. I learned everything about the business on my own with the help of a couple of mentors. As president of the Iowa Numismatic Association, I was instrumental in getting the sales tax repealed on rare coin and precious metals investments, which dramatically improved the rare coin business in Iowa, which had been struggling to compete with nearby tax exempt states and the Internet. The fact that we have been in business for 30 years and continue to grow is the greatest achievement for me and the company.
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Sex, Bribes, and Banknotes
Sydney Morning Herald
A Reserve Bank currency firm was willing to supply prostitutes and pay bribes to win contracts, according to a federal police witness at the centre of Australia’s most serious corruption investigation. The revelation is one of many made by a key witness in the federal police inquiry into the Reserve Bank company, Securency International, which makes polymer banknotes. The witness has told an investigation by The Age and ABC TV’s Four Corners – aired tonight – that a middleman hired by Securency to win contracts from foreign governments told him that he intended to bribe a central bank governor from an Asian country. The witness, who was a Securency employee, has given the Australian Federal Police his diary in which he recorded the middleman telling him in 2007 that the ”governor would be very happy if the commission [payment] was increased”.
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PCGS to Show Photograde iPad Application at Long Beach
PCGS
Visitors to the PCGS booth (#807) will also have the opportunity to see demonstrations of the convenient PCGS Photograde™ Online applications for the Apple iPhone™ and Apple iPad™, and have their coins personally examined by PCGS Co-Founder David Hall, President of Collectors Universe, Inc. (NASDAQ: CLCT). Hall will be available to meet the public from 1 p.m. to 2 p.m. at the PCGS booth on the first two days of the show, Thursday and Friday, June 3 and 4. “We’ve had excellent response to the show submission specials we’ve offered the past year at major coin shows around the country. And our recently-introduced PCGS Secure Plus service has also been very popular. This is an excellent opportunity for collectors and dealers to obtain the benefits of Secure Plus for their coins right at the show,” said PCGS President Don Willis.
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Related posts:

1. U.S. treasure hunters say boat set to leave Spain
2. Coin News For May 13, 2010
3. More News at a Glance – October 6, 2010
4. Coin News for June 22, 2010
5. Coin News for March 25, 2010
6. Coin News for May 5, 2010
7. Coin News for February 26, 2010
8. Coin News for April 19, 2010
9. Coin News for April 16, 2010
10. Coin News for April 24, 2010