More News at a Glance – August 11, 2010

By CoinLink on Wednesday, August 11, 2010
Filed Under: Coin News Daily

Gary Adkins Named 2010 Harry J. Forman Dealer of the Year
American Numismatic Association
ANA Life Member Gary Adkins is the 2010 recipient of the American Numismatic Association’s Harry J. Forman Dealer of the Year award. Adkins received his award Aug. 10 at the ANA World’s Fair of Money kickoff cruise in Boston. The annual award is presented to an ANA-member dealer who shows uncommon dedication to strengthening the hobby and the Association, and displays exemplary ethical standards as a dealer. The award is named in honor of the late Harry J. Forman, a Philadelphia coin dealer, author and ANA life member.
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Uncovered: Heaviest Gold Coin Ever Found in Israel
Arutz Sheva
Archaeologists working in Tel Kedesh in northern Israel have uncovered an extremely rare 2,200-year-old gold coin, minted in Alexandria by King Ptolemy V. The head of the Coin Department of the Israel Antiquities Association, long-time American immigrant Dr. Donald T. Ariel, said, “This is the heaviest and most valuable ancient gold coin ever found in an excavation in Israel.” The coin depicts a queen, believed to be Arsinoe II Philadelphus, who was married to her half-brother Ptolemy II. It is possible, however, that it may actually be Ptolemy V’s wife Cleopatra I, daughter of Antiochus III.”
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New Artists for The U.S. Mint
The United States Mint
The United States Mint today announced that seven new artists have been selected to participate in the Artistic Infusion Program (AIP) as Associate Designers. The AIP began in 2003 to help enrich and invigorate the design of U.S. coins and medals.A call for artists was issued August 28, 2009, seeking up to 10 associate designers to supplement the current pool of artists under contract in the AIP. Applications were accepted on a rolling basis with three deadlines. The United States Mint received more than 150 applications from professional visual artists nationwide.
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Will Feds Be Forced To Flood Market With Dollars?
Coin Update News
Last Friday, the price of gold closed in the US above the $1,200 level for the first time since mid July. It was also the eighth consecutive day that gold had closed higher in US markets than the day before. What was especially significant about Friday’s increase is that it was the day that the Bureau of Labor Statistics released the monthly job and unemployment report. For more than the past 50+ months, the prices of gold and silver have been knocked down almost every time when the jobs report was issued.
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Paralympics Silver Dollar Triumphs
Numismaster
The 1996 Wheelchair Paralympics silver dollars issued to commemorate the Atlanta Olympic Games seem to be coins on a mission. It is really getting difficult to imagine the two already high-priced Paralympics dollars not going to even higher levels as everything seems to be working in favor of the 1996-D, which is the BU example, becoming one of, if not the most expensive modern commemorative silver dollar while the 1996-P, which is the proof, seems also destined for even bigger things simply because it is the lower cost version that people can use for a type set.
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Heritage Blog to Take Year Sabbatical
Heritage Blog
This will be the last time you see me in this space for a while. The Heritage Auctions blog is going into mothballs, to be re-evaluated in a year. I’d love to see it come back, but since there are no guarantees and I’ll be waiting a year in the best case, I want to send this incarnation of the blog out in style.
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Rare 1933 Penny Posted Then Removed From eBay Auction
Daily Mail
Generations of schoolboys searched through their change in the vain hope of finding one. At last, a 1933 penny bearing the head of King George V has surfaced – on the eBay internet auction site.Experts have always worked on the assumption that only seven such coins were minted and, if genuine, this one would be worth at least £80,000.
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