 |
  |
CoinLink News - Week In Review  |
|
 |
|
|
Numismatic
News |
|
Toronto
Star graphic designer Brian Hughes can add another feather to his cap. The
Toronto native's designs have been selected as part of a Royal Mint Collection
for the 2010 Winter Games. After a competitive process that pitted Hughes
against other veteran illustrators, two of his designs were chosen for $25
coins an alpine skiing illustration and a depiction of women's
cross-country. According a news release, the Olympic coin program will include
15 different $25 coins, each with a limited mintage of 45,000.
Hughes
began designing coins in the mid-1990s. The new coins were revealed
yesterday by the Royal Canadian Mint, Vancouver Organizing Committee for the
2010 Olympic and Paralympic Winter Games (VANOC).Hughes said he went through
hundreds of photographs to get the right images and spent hours perfecting the
illustrations. |
|
United
States Mint Director Edmund C. Moy today joined Governor Brian Schweitzer;
First Lady Nancy Schweitzer; Gary Marks, member of the Montana Quarter Design
Selection Commission; and Blackfeet singer and songwriter Jack Gladstone, to
introduce the Montana commemorative quarter-dollar in a ceremony at the Helena
Civic Center. The Helena High Ambiance Choir led the audience in the State
song, a Native American drum group provided an honor song and the Capitol High
Jazz Band entertained before and after the ceremony.
...Montanas history recalls a state composed of vast landscapes,
mountains and high plains, big sky and bison The Montana
commemorative quarter-dollar coin, released to the American public today,
features images of a bison skull hovering in the sky over mountainous terrain.
The Montana quarter is the 41st introduced by the United States Mint in its
popular 50 State Quarters® Program. Montanas history
recalls a state composed of vast landscapes, mountains and high plains, big sky
and bison, all of which are represented on the Montana quarter we launch
today, said Director Moy. The bison skull is an evocative image of
the American West, its bounty and hardships, familiar to Montanans as a symbol
of their own rugged and resilient nature. |
Kim Jong-Il's Funny MoneyNorth Korea accused of producing top grade counterfeit
currency01-31-2007
- OhMyNews - By: Robert Neff
A
lmost every time you exchange a $100 bill at a bank or money exchange facility
you find yourself and your bill subject to intense scrutiny by the cashiers.
They're on the lookout for "supernotes," high-quality counterfeit bills that
are almost impossible to detect with the naked eye. Generally with a face value
of $100, this funny money is showing up in increasing quantities around the
world.
Not only are the supernotes difficult to detect, but so too are the
counterfeiters. Last year in South Korea nearly $84,000 in
counterfeit money, mainly supernotes, was discovered as compared to $26,150 the
previous year. Even as far away as Las Vegas, a couple of supernotes are
discovered in the casinos monthly. As the technology of manufacturing
money has evolved and improved, so too have the counterfeiters. In the past,
counterfeit money was generally made with offset lithography or digital
reproductions, but lacked the "raised ink" texture that gives dollars their
characteristic feel -- this can only be done using an intaglio press.
|
|
|
Even
though the coin market is generally healthy rife with collector demand
some dealers are discounting their selling prices of certain coins. One
reason may simply be that they are just trying to clear out long-held
inventory. However, another reason has likely revolved around keeping dealers'
cash flows moving. Some dealers have stretched themselves too thin with auction
purchases made on credit. Others are in strong financial condition, especially
after four years of doing business in this unprecedented, all-encompassing,
continuing bull market.
"Some
dealers have stretched themselves too thin with auction purchases made on
credit ... " Of course, not all dealers are involved in the auction
market. Some have very active mail-order businesses, some have busy shops.
However, dealers who are doing business in high-end rare coins (and others)
usually can only find what their customers need in the major auctions.It hasn't
always been this way. During the early days of this bull market, during 2003
and 2004, sellers were still hesitant to consign their coins to auctions
because they were unsure of attaining their target prices. But during the past
couple of years, with a multitude of record auction prices set, the formerly
hesitant collectors became confident in consigning to auction. |
|
The American Indian State
quarter designs give nod to native Americans but never a full
depiction posted
02/02/07 - Coin World - By Michele Orzano
Will
an actual American Indian ever be depicted on a State quarter dollar? At the
moment it seems unlikely that will happen. Though several proposed design
concepts for many states have featured some aspect of American Indian culture,
including a depiction of a genuine American Indian, none have been selected as
the final design. Only one of the five states to be honored in 2008, the final
year of the 50 State quarter program, did include a depiction of an American
Indian and Indian artifact on at least one of its designs, though all of the
Indian themes depicted are generic.
At
the moment it seems unlikely that will happen. Two of the five
proposed designs for Oklahoma's 2008 coin feature a depiction of an American
Indian calumet, also known as a "peace pipe." One of the five suggested
design concepts for Arizona's 2008 coin has an image of two Navajo Code
Talkers. The four design concepts for New Mexico's 2008 coin have outlines of
the state with the Zia Pueblo sun symbol, which also appears on the state's
flag. Three out of the four designs include the state's nickname, "Land of
Enchantment." |
|
Dallas,
TX: An important, eclectic collection of coins assembled by Dr. Frank McCarthy
will be offered by Heritage Auction Galleries at their February Long Beach
Signature auction, the official auction of the Long Beach Coin Expo. The
auction will be held February 14-17, 2007.
"My
approach to coins," noted Dr. McCarthy, "is to enthusiastically climb to the
top of the mountain Explained Heritage President Greg Rohan: "Dr.
McCarthy, who hails from San Francisco, began collecting coins in 1991 to
break the boredom of retirement. He first got excited over gold coins, and
immersed himself in gold. He became a more serious numismatist about five years
ago, and began to pursue rarities from the Dahlonega Mint (selections are
included in this auction). He has several continuing collections, and looks
forward to selecting new collecting areas in the future. Dr. McCarthy's Long
Beach consignment is particularly strong in Mercury dimes and gold dollars, but
the consignment ranges from Two cents to Territorials. We are pleased to offer
these exciting coins from a very exciting collector." Dr. McCarthy has
had a series of widely ranging careers that in some ways reflect his approach
to collecting - pursuing varying paths as they interest him. "I have been a
fighter pilot in Vietnam, a restauranteur, a hostage negotiator, and a coin
collector. In my career as an industrial psychologist, I consulted on matching
man, motion, and machines, to save steps in many different production
processes." |
|
|
|
 |
|