The|Coinologist.

Curator of Coins, Currency, and Cool Stuff.

Archive for December 2011

Happy New Year | 2012

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Wishing everyone a very Happy & Prosperous New Year!

Written by Robert L. Wilson

December 31, 2011 at 12:31 pm

Posted in Holiday

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2011 James Garfield $1 Coin Cover

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Add this elegant limited-edition coin cover to your collection! The James Garfield $1 Coin Cover includes two Presidential $1 Coins from the first day of production, one each from the United States Mint facilities at Philadelphia and Denver, and a 44-cent postage stamp. The postmark reflects the day the James Garfield Presidential $1 Coins were first released to the public. This unique collectible is available now!.

Image/Text: U.S.Mint

Written by Robert L. Wilson

December 30, 2011 at 8:30 am

New York International Numismatic Convention

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The 40th Annual New York International Numismatic Convention is coming and it looks like it will be a great show.  Make sure to visit the NYINC website and print your discount coupon.  There will be multiple auctions houses there to make every auction goer happy.  The show will be held at fabled Waldorf Astoria Hotel, located at 301 Park Avenue, New York, NY 10022.  For general New York City tourist information please visit the website of the New York City Convention and Visitor’s Bureau, www.nycvisit.com.  Enjoy!

Image: NYINC

London 2012 Olympics

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Well England might not use the Euro, but they are going to get a presence on some Euro coins due to their winning bid for the 2012 Olympics.  This  January  Slovakia  will issue a portfolio dedicated to the London  2012 Olympics, which will contain the eight mostly normal circulating coins, plus a commemorative medal of the event.  Thanks again to Numismática visual.

Read the rest of this entry »

Written by Robert L. Wilson

December 28, 2011 at 7:28 am

ANA Accepting Applications for New Executive Director

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COLORADO SPRINGS, CO – The American Numismatic Association is accepting applications for a new executive director.

“The entire board is excited at the process of selecting a new executive director to manage the association over the next decade,” ANA President Tom Hallenbeck said. “We’ve analyzed the executive director’s role and reevaluated the qualities needed to help our nonprofit association thrive.”

Hallenbeck said the executive director must have extensive knowledge of nonprofit management skills with the ability to initiate, implement and successfully complete programs and objectives.

The minimum criteria are five years management experience in a nonprofit or related organization, including supervision of a least a 30-person staff, along with strong communication, fundraising, consulting, business, negotiation, problem resolution, mediation, communication and interpersonal skills. Experience working with a board is highly desirable. The selected candidate must be willing to relocate to Colorado Springs, be able to work on weekends and evenings, and travel periodically.

The ideal candidates will have knowledge of and experience within a collector-based community – such as numismatics – in roles such as a collector, dealer, author or researcher. Applicants must be able to build relationship within the numismatic community, to understand and implement the ANA’s mission, objectives and strategic goals, and be able to convey that understanding and implementation to the Board of Governors, staff members, ANA members and others outside the numismatic field.

Resumes must be submitted by Jan. 31, 2012, to Tom Hallenbeck, President, Executive Director Search – Confidential, American Numismatic Association, 818 N. Cascade Ave., Colorado Springs, CO 80903 or by e-mail toExDirSearch@money.org.

Please review the full job description on the ANA’s website atwww.money.org/AM/Template.cfm?section=About_ANA.

The American Numismatic Association is a congressionally chartered nonprofit educational organization dedicated to encouraging people to study and collect money and related items. The ANA helps its 28,000 members and the public discover and explore the world of money through its vast array of education and outreach programs, as well as its museum, library, publications, conventions and seminars. For more information, call 719-632-2646 or go to www.money.org.

CONTACT: RyAnne Scott
Telephone: 719-482-9867
E-mail: pr@money.org

Written by Robert L. Wilson

December 27, 2011 at 7:27 am

2011 United States Mint Presidential $1 Coin & First Spouse Medal Set | James Garfield

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What could be more historic than learning about America’s heritage through its coins and medals? Learn about the 20th President and his wife with the unique 2011 United States Mint Presidential $1 Coin & First Spouse Medal Set – James Garfield! The set includes an uncirculated James Garfield $1 Coin and a Lucretia Garfield First Spouse Bronze Medal. Order today and enhance your collection!.

Image/Text: U.S. Mint

Written by Robert L. Wilson

December 26, 2011 at 7:26 am

Happy Holidays | Wishing Peace and Joy To All!

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Happy Holidays from The|Coinologist!

Written by Robert L. Wilson

December 25, 2011 at 12:25 am

Change in Nevada Tax Law | Private Bullion Becomes Exempt

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Here is a copy of this short statute, like all government documents its wording can be a bit tricky.  I have made the adjustment on my Sales Tax Laws | State by State Breakdown page.  Feel free to post any of your thoughts in this comment section.

AUTHORITY: §1, NRS 360.090.

A REGULATION relating to taxation; revises provisions relating to the sale of bullion; and
providing other matters properly relating thereto.

Section 1. NAC 372.170 is hereby amended to read as follows:
372.170 1. The tax applies to sales of coins or uncancelled stamps at a premium price for
purposes other than use as a medium of exchange or postage. The tax does not apply to sales of
coins or uncancelled stamps, even though sold at a premium price, if the purpose of the use of
the coins or stamps is as a medium of exchange or postage.

2. If the sales price exceeds the face value of the coins or stamps by 50 percent, they will be
deemed to have value as collectors’ items and will be taxable. If the sales price does not exceed
the face value of the coins or stamps by 50 percent, they will be deemed to have value solely as a
medium of exchange or postage and will not be taxable. Sales of any coins not currently
accepted as money and sales of cancelled stamps or stamps not currently accepted for postage
are taxable.

3. Sales of coins to gaming establishments at any price for use in gaming operations are not
taxable, except that, sales of coins at a premium price to gaming establishments for purposes
other than use as a medium of exchange are governed by subsection 2.

Adopted Regulation R154-10

4. The tax applies to sales of bullion at a premium price for purposes other than use as a
medium of exchange. The tax does not apply to sales of bullion, even though sold at a
premium price, if the purpose of the use of the bullion is as a medium of exchange.

Written by Robert L. Wilson

December 23, 2011 at 6:23 am

ANA Extends Long Relationship with NGC | PMG | NCS

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ANA extends its long relationship with NGC, PMG and NCS

The American Numismatic Association and Certified Collectibles Group have agreed to a five-year extension that designates Numismatic Guaranty Corporation, Paper Money Guaranty and Numismatic Conservation Services as the ANA’s official grading and conservation services.

NGC is the recognized leader for consistent and accurate coin grading and has been the ANA’s only official grading service since 1995.

“We are very excited about our continued relationship with the ANA, and we are honored to be the only service to ever have this designation” said Steve Eichenbaum, CEO of the Certified Collectibles Group. “The ANA and CCG share a common commitment to the advancement and betterment of the hobby, and we are happy to support the ANA’s efforts.”

The agreement means ANA members can continue to submit coins and paper money directly to NGC, PMG and NCS without going through a third party – one of the most popular ANA membership benefits.

CCG’s independent member companies will also work with items in the ANA’s Edward C. Rochette Money Museum collection – conserving 500 coins, grading 500 coins and grading 500 notes each year. Most graded items will be encapsulated in NGC’s museum holders, with a special ANA museum collection label.

“This agreement will continue the beneficial partnership between the ANA and NGC, which has allowed the museum to protect its Bebee Collection of Paper Money as well as provide better housing for its high-value coins,” ANA President Tom Hallenbeck said. “The services provided by NGC, PMG and NCS will only help to improve the collection going forward.”

The three services will also serve as Title Sponsors for the ANA’s World’s Fair of Money and for the National Money Shows for the five-year period. In addition, CCG will provide instructors in grading and conservation for a number of ANA educational programs, including Summer Seminar and ANA conventions.

To submit your coins, contact NGC directly for more information at 1-800-NGC-COIN, by e-mail at service@ngccoin.com or go to www.ngccoin.com.

NCS was added as the ANA’s conservation service of choice in 2000. Its conservators are qualified to help members identify damaging conditions and can professionally conserve and stabilize coins to ensure they last a lifetime. For more information, call NCS 1-866-NCS-COIN, e-mail ncshelp@ncscoin.com or go to www.ncscoin.com.

PMG became the ANA’s official paper money grading service in 2007. ANA members can submit their currency directly for grading and encapsulation. For more information, call at 1-877-PMG-5570, e-mail service@pmgnotes.com or go to www.pmgnotes.com.

For more information or questions, call CCG at 1-800-587-1897 or visitwww.collectiblesgroup.com.

The American Numismatic Association is a congressionally chartered nonprofit educational organization dedicated to encouraging people to study and collect money and related items. The ANA helps its 28,000 members and the public discover and explore the world of money through its vast array of education and outreach programs, as well as its museum, library, publications, conventions and seminars. For more information, call 719-632-2646 or go towww.money.org.

FOR IMMEDIATE RELEASE: Dec. 20, 2011

CONTACT: RyAnne Scott
Telephone: 719-482-9867
E-mail: pr@money.org

Written by Robert L. Wilson

December 22, 2011 at 7:22 am

America the Beautiful Quarters Three-Coin Set | Chickasaw National Recreation Area

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Chickasaw National Recreation Area exists as a part of the national park system to commemorate the Chickasaw Nation and its cultural history, historic landscapes and structures and to provide public education through use and enjoyment of those resources. The America the Beautiful Three-Coin Set includes one uncirculated Chickasaw National Recreation Area quarter each from the United States Mint at Philadelphia and Denver, as well as a proof quarter from the United States Mint at San Francisco. Order today and learn about Chickasaw!.

Image/Text: U.S.Mint

Written by Robert L. Wilson

December 21, 2011 at 7:21 am

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