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Coin News and Articles June 6-12, 2010

What’s New This Week……….

A. H. Baldwin & Sons Ltd will offer an extensive collection of Renaissance and later medals formed by the New York connoisseur and fine art collector, Michael Hall. The Michael Hall Collection comprises in excess of 2000 items, making it by far the largest sale of this type since the Max and Maurice Rosenheim (Sotheby 1923) and Henry Oppenheimer (Christie’s 1936) sales.

Bowers and Merena will be offering Lot 3410 in their Baltimore Coin and Currency Auction next week. The item, possibly unique, is a 5 coin 1871 Standard Silver Pattern Proof Set.

A magnificent group of recently rediscovered Orders of Knighthood conferred during the 1830s upon John George Lambton, “Radical Jack”, the first Earl of Durham, by Tsar Nicholas I of Russia, Leopold I of Belgium, Otho of Greece and William IV of England, were sold for a total of £4,057,080 by specialist London auctioneers Morton & Eden

The official medal for the American Numismatic Association’s 119th Anniversary Convention, August 10-14 in Boston, is available for purchase. Designed by Jamie Franki, former master designer in the United States Mint’s Artistic Infusion Program, the medal celebrates one of Boston’s most famous citizens, Paul Revere.

Park Avenue Numismatics is pleased to announce the acquisition and sale of the one of the Finest Known examples of the rare and elusive 1854-O $20 Liberty Type 1 Double Eagle graded AU55 by NGC.

While the American Numismatic Association (ANA) is in Boston this summer, the Massachusetts Historical Society (MHS) is taking the opportunity to show off some of its numismatic treasures.

Ken Potter poses a question… Is the 1999-W 1/10th Eagle $5.00 Gold Matte Finish an Error or a Variety?

Greg Reynolds provides News and Analysis regarding scarce coins and the coin markets with this weeks installment in his Coin Rarities & Related Topics column: Southern California Auctions and Market Realities

Doug Winter has announced his current work-in-progress is something that he am especially proud of. He calls it the DWN Online Rare Gold Coinapedia and it is available for collectors to use immediately.

Gainesville Coins announces the launch of the mobile version of GainesvilleCoins.com. Inspired by an increasingly mobile society, the mobile site development was seen a natural progression in serving our tech-savvy customer base.

A unique six-note uncut sheet of $5 New Jersey National Currency notes stolen two years ago was returned to its grateful owner at the Long Beach Coin, Stamp & Collectibles Expo during dealer set up on June 2, 2010. The sheet was taken in an October 2008 burglary from the offices of dealer Kevin Lipton of Beverly Hills, California,

Press Release from Heritage Galleries promoting the upcoming Boston ANA sale of the Edward Roehrs Collection of U.S. Regulated Gold. However what struck us the most was “What a Cool Collecting Theme !“

Laura Sperber’s Hot Topics concerning her invitation to meet with the Board of Directors of the Professional Numismatists Guild in Long Beach, CA., to discuss the issue of “Coin Doctoring” in light of the PCGS Lawsuit filed against 6 coin dealers, three of which are PNG Members.

Pinnacle Rarities has offered up a great article on The Three L’s of Coin Photography, The Lens, The Lighting and The Luster

On Thursday, June 3, Kolbe & Fanning Numismatic Booksellers held the second sale of the Stack Family Numismatic Library, featuring many important and useful works on U.S., foreign and ancient numismatics.

NEW & UPDATEDOur coverage of rare coin and currency news has expanded with Tim Shuck taking over as Editor of Coin News Daily. This is a special section of CoinLink where we scour the web for items of interest related to numismatics and post a short excerpt and link to these “off site” resources.

We have also made changes to The Bullion Report with daily news and article updates, and a monthly analysis of the “Premiums Over Spot” for Gold and Silver Bullion products.

You can access ALL the News Here

Coin News and Articles May 30 – June 5, 2010

What’s New This Week……….

Laura Sperber provides her Market Report on the June 2010 Long Beach Show… “Long Beach can be a mystery show. You may think you will do well and you won’t, or you may think you’ll do poor and do great.”

At a time when so many new coin releases exhibit such uninspired design, we can across this incredible beauty being offered by the Canadian Mint in a Limited Mintage of 200 pieces, the 5-Oz Gold Coin – 75th Anniversary of the First Bank Notes (2010)

Heritage Auctions, The Official Currency Auction of the 2010 Memphis International Paper Money Show in Memphis will be conducted by Heritage Auctions June 17-21. Over 3400 lots will be on the block.

The Board of Directors of the Professional Numismatists Guild (PNG) met in Long Beach, California on June 2, 2010 and issued a Press Release concerning Coin Doctoring in light of the recent PCGS Lawsuit.

Richard Giedroyc has penned an article on THE BULLS, THE BEARS, AND CALIFORNIA GOLD COINS, a look at California Fractional Gold coins

Several additional appellate briefs and amicus briefs have been filed with the Eleventh Circuit Court of Appeals in Odyssey Marine Exploration’s “Black Swan” case. The filings support Odyssey’s argument that the trial court erred in dismissing the case because the recovered coins did not belong to Spain and therefore do not qualify for sovereign immunity,

Goldbergs Auctions recently completed Pre Long Beach sale generate lots of buzz including excitment surrounding the $525,000 hammer price for a Ancient Gold Aureus Coin of Brutus

The United States Mint announced that beginning today, June 3rd , the 2010 Proof Buffalo and Jane Pierce Gold Coins Go on Sale at noon Eastern Time (ET).

Wizard Coin Supply gives collectors thier list of The Top Ten Best Coin Protection Products, from Holders to albums and more

Greg Reynolds weighs in on the Coin Doctoring issue and gives his perspective in this week’s installment of News and Analysis regarding scarce coins, coin markets, and the coin collecting community – Coin Rarities & Related Topics

David Lawrence Rare Coins View on PCGS’ Hard Stance Against Coin Doctors…” There’s no reason to rehash the details of this lawsuit as you can find good information on the Coinlink.com site, including a PDF of the actual filing.”

Pinnacle-Rarities shares a very informative article on The Original Commemorative Quarter. The 1893 Isabella Quarter, was created for the Columbian Exposition. $10,000 of the funds intended for the Board of Lady Mangers at the Expo was delivered in the form of forty thousand of these commemorative quarters.

Laura Sperber Posted a Hot Topics article on her web site Legend Numismatics about her thoughts on the PCGS Lawsuit against “Coin Doctors” She states,”My sincere congratulations to David Hall and Don Willis for taking the ultimate step in the fight on coin doctors-filing a lawsuit!”

NEW & UPDATEDOur coverage of rare coin and currency news has expanded with Tim Shuck taking over as Editor of Coin News Daily. This is a special section of CoinLink where we scour the web for items of interest related to numismatics and post a short excerpt and link to these “off site” resources.

We have also made changes to The Bullion Report with daily news and article updates, and a monthly analysis of the “Premiums Over Spot” for Gold and Silver Bullion products.

You can access ALL the News Here

Coin News for May 23-29, 2010

What’s New This Week……….

Bowers and Merena Auctions will again present the Official Auction of the June 2010 Whitman Coin & Collectibles Baltimore Expo. More than 200 impressive currency lots will join a magnificent array of nearly 3,500 coin lots in the auction that will be held June 16-20, 2010.

Professional Coin Grading Service (PCGS) today revealed additional steps it is taking to improve its ability to detect altered coins. PCGS announced that it has a process in development which will detect any foreign substance on a coin’s surface call “Coin Sniffer

Professional Coin Grading Service (PCGS) today announced it has filed a major Federal lawsuit against six alleged “Coin Doctors” in United States District Court claiming they engaged in a pattern of racketeering activity, breach of contract, conspiracy, unfair competition and fraud for allegedly submitting “doctored” coins to PCGS for grading on multiple occasions for a period of years.

Doug Winter new article on Which Gold Coins Are Popular and Why: Part One. “A question that I am often asked by new collectors is “which gold coins are popular?” I think this is a great question and one certainly deserving of a blog. I’m going to not only answer this question for each denomination, I’m going to give a few reasons why I think certain coins/types are or are not popular.”

Coin Profile: 1849 Oregon Exchange Company Five Dollar Gold Territorial Coin with a PCGS Video:David McCarthy of Kagin’s telling the story of the $5 Oregon gold piece

Heritage’s upcoming Signature Currency Auction, being held June 17-19 in conjunction with the Memphis International Paper Money Show, will feature a large selection of world notes.

The World Gold Council (“WGC”) expects that demand for gold will be strong during 2010, driven by growing demand for jewelery in China and India as well as an increase in European and US investment in the context of continued economic instability, sovereign risk and the threat of a ‘double dip’ recession

Heritage Auction Galleries (HA.com) has issued a Press Release on the promotion of Cristiano Bierrenbach to the position of Vice President of International Numismatics and appointment of David Michaels to the position of Director of Classical Coins.

The United States Mint will begin accepting orders for products featuring the Yellowstone National Park quarter beginning on June 1, 2010

The second installment of Greg Reynolds New Column “Coin Rarities & Related Topics” primary focuses on upcoming auctions. A secondary topic is the new policies of the PCGS and the NGC, which he will discuss often in the future.

Beginning today,Tuesday, May 25, 2010, coins submitted to NGC will be reviewed for the Plus Designation (+). Coins receiving a + must be high end of their assigned grade and have above-average eye appeal.

Glenn Beck got it wrong. During a segment on the Bill O’Reilly show, Beck stated that the coin business was an “industry that is full of F’s“, referring to the Better Business Bureau’s ratings. The facts do not support that statement.

New contributor Bill Shamhart of Numismatic Americana has posted a Coin Show Report on the Whitman Nashville Expo that was held last week

Laura Sperber provides another Market Report. “Congratulations are in order for Steve Contursi the owner and seller and the Nothern California Collector (the Cardnial Collection) who now owns the WORLDS MOST EXPENSIVE COIN! The Neil/Carter/Contursi specimen 1794 Flowing Hair silver dollar”

The U.S. Mint has confirmed that it plans to release five-ounce .999 fine silver bullion coins later this year in accordance with the AMERICA’S BEAUTIFUL NATIONAL PARKS QUARTER DOLLAR COIN ACT OF 2008 . The coins will be the first five-ounce coins ever produced by the Mint.

Wayne Sayles shares some personal thoughts on being a lightning rod in the Cultural Property controversy revolving around existing and proposed import restrictions on ancient coins. Sayles states,”What I did not expect and am sincerely saddened by is the depth of hatred and hostility that permeates the opposition today….. having endured all that I could stand of the outlandish criticisms and insults hurled by fanatical archaeologists at the antiquities market, and by extension at my lifelong passion of ancient coin collecting.”

Spectrum Group International, Inc. (SPGZ.PK) announced today that it has entered into a new employment agreement with SGI President and Chief Executive Officer Greg Roberts. In addition Spectrun announced that they have joined the elite group of US companies, the Fortune 500.

Kathleen Duncan of Pinnacle Rarities offers up a true life example of the Top 10 Rare Coin Purchasing Strategies. Based on buying / selling results from two different collectors over a 7 year period. A very interesting and solid lesson on how to but rare coins.

Bowers and Merena will conduct the Official auction of the June 2010 Whitman Coin & Collectibles Baltimore Expo. Scheduled for June 16-20, 2010 at the Baltimore Convention Center, the sale will present nearly 3,500 lots of United States coins, exonumia and related items.

NEW & UPDATEDOur coverage of rare coin and currency news has expanded with Tim Shuck taking over as Editor of Coin News Daily. This is a special section of CoinLink where we scour the web for items of interest related to numismatics and post a short excerpt and link to these “off site” resources.

We have also made changes to The Bullion Report with daily news and article updates, and a monthly analysis of the “Premiums Over Spot” for Gold and Silver Bullion products.

You can access ALL the News Here

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