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Archive for the ‘Numismatics’ Category

The Sketchy Past Of The Two-Dollar Bill

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Written by Robert L. Wilson

May 1, 2016 at 9:09 pm

Posted in cash, Numismatics

A Piece For Every Coin Geek // Shop ebay Collectibles Now!

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ebay tech-geek coin-geek shop now collectibles

With the coin and collectible market getting ever so competitive.  It’s great to see Coin World and ebay collaborating.  They hope to pull the tech-geek and the coin-geek together.  I love to see this kind of networking because the history of both of these fields are so unique and ever so fascinating.  I’ve visited the Computer History Museum in Silicon Valley and it’s amazing.  While the modern computer is young in comparison to the process of minting a coin, they both can be appreciated for their origin.  Check out ebay’s coin & collectible site as they have a sincere focus on working with legitimate sellers and protecting their buyers.  You can feel safe when buying from ebay!  Don’t forget so subscribe to Coin World, it’s the industry’s top trade magazine for staying current on what is trending.  You can find them in the link above or under the publications tab on the right.  Here’s to bringing two great forces together!

 

Photo:  Coin World / ebay

Written by Robert L. Wilson

March 16, 2016 at 8:00 pm

1804 Silver Dollar Makes $3.8 Million at Heritage Auctions

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1804-Class-1-Silver-Dollar-PR62-410

The coin, one of the rarest of all US silver pieces, sold for $3.8m, topping the $3.7m seen by another PR62-graded example at Heritage Auctions in 2008.
Prior to the 2008 sale, another example had not been seen at auction since 2000. There are just eight Class I specimens known to exist, three of which are in institutional collections.
Despite its dating, the coin was actually one of a very limited production from the 1830s.
The US Mint records that 19,750 silver dollars were minted in 1804. However, all of these were struck from the same dies used for the 1803 minting, and therefore still bear the previous year’s date.
A silver dollar bearing the 1804 date did not appear until 1834, when the US department of state created a set of coins to present to Asian rulers in exchange for trade benefits.
The sets were to include two specimens of each kind of coin still in use, including the 1804 dollar, so mint employees were obliged to produce a few examples to cater for the demand.
These are known as Class I specimens, and are the only 1804 dollars that were legally produced.
The example at auction originates from the Greensboro Collection, a remarkable amassment of proof coins that Heritage has been involved in the sale of since October 2012.
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National Money Show a Treasure Trove of Activity for Collectors

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National Money Show a Treasure Trove of Activity for Collectors

Sold-out bourse, family activities, world-class exhibits, auction to wow visitors

The American Numismatic Association’s Fall National Money Show will showcase some of the world’s most valuable and historic numismatic items, 500 of the hobby’s best dealers, a world-class auction by Heritage Auctions and a wide variety of educational programs and family activities from Oct. 18-20 in Dallas.

The show at the Dallas Convention Center is open to the public from 10 a.m. to 5:30 p.m. Oct. 18-19 and 10 a.m. to 4 p.m. Oct. 20, with ticket sales ending 30 minutes before closing. Admission is free for ANA members and $6 for non-members. Children ages 12 and under are admitted free.

“We’ve sold out the floor in Dallas, and we’re looking at making room for more booths,” said ANA Executive Director Jeff Shevlin. “With precious metals prices high, we expect a lot of excitement and activity from collectors and the public. Our collaboration with Heritage Auctions in their own back yard will result in excellent attendance at the show.”

The ANA’s Museum Showcase (booth 527) will wow visitors with high-value pieces from the ANA Edward C. Rochette Money Museum and private collections, some with a distinct Texas flavor. Selections from the Harry W. Bass Jr. Collection, including the only complete set of $3 gold pieces, will be publicly displayed in Dallas for the first time.

Other highlights include the 1792 Silver Center cent, the 1793 Ameri Chain cent and the 1885 Proof Trade Dollar, courtesy of Bob R. Simpson; a display of famous error coins, featuring a 1943 “copper” Lincoln cent, courtesy of Robert Campbell; and 1892 and 1893 Columbian Exposition half dollars presented to President Kennedy while he was a U.S. senator from Massachusetts, courtesy of William Shamhart, Christine Monk and John Kraljevich.

Treasures from the ANA’s collection include a 1792 half disme, the Walton specimen 1804 dollar, the McDermott/Bebee specimen 1913 Liberty Head nickel, error notes from the Bebee collection and a selection of Texas paper money.

The ever-popular Collector Exhibits area gives ANA members the opportunity to share their collections and research with fellow hobbyists. Several dozen competitive and noncompetitive exhibits will be displayed this year on a wide range of topics.

Many of the more than 500 numismatic dealers attending the show will provide free, informal appraisals for visitors who bring in their old coins and paper money.

Heritage Auctions is the official auction company for the convention. For a complete schedule of lot viewings or for more information on the auction, go to www.HA.com.

“Coin Collecting 101,” an informal 30-minute presentation for hobby newcomers, will be held at 11 a.m. and 2 p.m. Oct. 18-19 in Hall D. Want to learn more? Take the free course “Coin Collecting Basics” with ANA Numismatic Educator Rod Gillis from 11 a.m. to 1 p.m. Oct. 20.

Gillis and ANA Governor Mike Ellis will present the two-day seminar, “Fundamentals of Grading U.S. Coins,” from Oct. 16-17. The seminar will cover many topics and emphasize the fundamental principles of grading circulated and mint state U.S. coins, including the history and evolution of grading standards, analysis of a coin’s focal points, technical and market grading, how to determine initial signs of wear and evaluating surface marks, strike, luster and eye appeal. The course costs $198 for ANA members or $298 for non-members. To enroll, call 719-482-9850 or go to www.NationalMoneyShow.com.

The ANA will offer Boy Scout Coin Collecting Merit Badge and Girl Scout Fun with Money Patch workshops on Oct. 20 (registration required). Registration information can be found at www.NationalMoneyShow.com.

Money Talks, held Oct. 19-20, lets ANA members discuss their research and ideas in a lecture format. Topics include ancient coins to World War II currency to Texas numismatic history.

Kids Zone and Treasure Trivia (booth 537) provide children and families with a variety of activities and chances to collect cool prizes.

At the ANA Area (booth 537), visitors can find out more about ANA membership, educational opportunities and watch videos about the ANA and coverage of the show itself. ANA members can start a library account, check out books on site and see special items from the library’s archives. Visitors can spin the prize wheel and enter for the chance to win 30 seconds in the Cash Cube.

Tony Hales is the event’s general chairman. The Texas Numismatic Association and the Dallas Coin Club are the show’s host clubs. The Fort Worth Coin Club, Northeast Tarrant Coin Club, Collin County Coin Club, Mid Cities Coin Club, Richardson Coin Club and Numismatics International are honorary host clubs. For more information on the show, call719-482-9849 or go to www.NationalMoneyShow.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 to www.money.org.

ANA Board of Governors Supports Updates to Hobby Protection Act

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ANA Board of Governors Supports Updates to Hobby Protection Act

Members encouraged to call their congressional representatives

The American Numismatic Association Board of Governors voted unanimously to issue a resolution of support for a bill that will extend and strengthen provisions of the Hobby Protection Act, during an Aug. 10 meeting during the World’s Fair of MoneySM in Philadelphia.

The House of Representatives bill, HR-5977, will enable citizens to take legal action against and recover damages from those who sell counterfeit coins. It expands targets of litigation to include “any person” who provides substantial assistance or support to any manufacturer, importer, or seller “knowingly engaging in any act or practice that violates the Act.” It also adds trademark violation provisions to criminalize the counterfeiting of certification service packaging and capsules.

Barry Stuppler, chairman of the Gold and Silver Political Action Committee, spoke at the meeting and encouraged members to call their congressional representatives or speak to them personally, as many are holding meetings in their home districts during the August congressional break.

To learn more, go to www.ictaonline.org. Click on “What’s New?” to read a copy of the bill and find out how to contact your congressman.

Image/Copy: American Numismatic Association

Written by Robert L. Wilson

August 21, 2012 at 8:21 am

Save Big on Shipping Insurance with ANA Benefit

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Company specializes in insuring packages worth $500 or more.

The American Numismatic Association and the North American Collectibles Association are offering ANA members the opportunity to save substantially on shipping insurance through the popular online program, Shipandinsure.com.

Many ANA members have taken advantage of a six-month trial offer for $45. Most decided they liked the savings and service, and committed to the program for a full subscription.

Benefits:

  • Save $$$ on insuring parcel shipments through FedEx, UPS and USPS.
  • Shipandinsure.com specializes in insuring packages worth $500 or more.
  • Domestic and international packages are fully covered, with no deductible, up to $75,000, depending on method of shipment. Higher limits are routinely approved by a simple phone call request.
  • Processing insurance online is safe and secure.
  • Claims are paid promptly.

Join today!

Contact Elaine Lockard, managing agent, at 717-393-5317, toll-free at 877-393-5310 or elaine@shipandinsure.com.

Find out more at shipandinsure.com.

Written by Robert L. Wilson

July 6, 2012 at 9:11 am

ANA Supports Efforts To Create A WWI Commemorative Coin

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The American Numismatic Association is asking members to support legislative efforts to create a commemorative dollar coin honoring World War I veterans.

The United States has memorialized the Civil War, World War II, the Korean War and the Vietnam War on U.S. commemorative coins, but no coin honors World War I veterans. ANA Numismatic Educator Rod Gillis is working to correct that oversight.

“It was really surprising to me that World War I veterans were never honored with their own coin,” Gillis said. “This legislation will help give these veterans proper recognition.”

More than two years ago, Gillis launched the effort to create this commemorative. Rep. Doug Lamborn (R-Colo.) agreed to sponsor H.R. 4107, the “World War I American Veterans Centennial Commemorative Coin Act.”

Under the proposed law, the coin would be minted in 2017 to commemorate the 100th anniversary of America’s participation in World War I. The United States formally declared war against Germany and entered the conflict in Europe on April 6, 1917. More than 4 million U.S. men and women served in uniform during World War I, and more than 2 million American soldiers served overseas.

For every coin sold, a surcharge would go to the World War I Memorial Foundation in Washington, D.C. This group was founded after Frank Buckles, the last surviving American World War I veteran, visited the District of Columbia War Memorial on the National Mall in March 2008.

Buckles observed that this memorial – dedicated in 1931 to the 499 District of Columbia residents who gave their lives in that war – sat neglected and in extreme disrepair. Noting that there is no national World War I memorial, he issued a call for the memorial’s restoration and re-dedication as a National and District of Columbia World War I Memorial.

“The new memorial will honor all World War I veterans and make Frank Buckles’ dream a reality,” said Gillis, who is currently working to secure a sponsor for the bill in the U.S. Senate.

Please contact your Congressional representative and voice your support. Contact information can be found at www.house.gov/representatives/.

If you have questions about this effort, please contact Gillis at 719-482-9845 or email gillis@money.org.

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.

Image/Copy: ANA

2007 Somalia Motorcycle One Dollar Coins

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It look like 2007 was a good year for motorcycle enthusiasts, in Somalia that is.  That year they introduced six motorcycle shaped coins in brilliant color.  Each coin was worth one dollar.  I have never held any of these coins, but I sure think they’re fun.

Written by Robert L. Wilson

January 31, 2012 at 7:31 am

Money Museum Receives 1792 Half Disme from California Coin Dealer

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Historically significant coin valued at more than $220,000

COLORADO SPRINGS, CO. — The Edward C. Rochette Money Museum collection now contains a 1792 Half Disme, thanks to the generosity of a California coin dealer.

The early American coin, valued at more than $220,000, was donated by Steven L. Contursi, president of Rare Coin Wholesalers of Irvine, Calif.

“This coin will be a fantastic, historically significant addition to the museum’s collection. I can’t thank Steve enough for his generosity,” American Numismatic Association President Tom Hallenbeck said.

About 1,500 half disme silver coins were struck in the basement of a Philadelphia saw-maker’s shop in July 1792 because the U.S. Mint was not yet operational. The coins were the first authorized by President Washington under the Mint Act of 1792. Thomas Jefferson, who was Secretary of State at the time, personally received the coins on Washington’s behalf.

A half disme is slightly smaller than a modern dime and weighs half as much. Disme – pronounced “deem” – is an early spelling of the word, dime.  Modern researchers estimate that about 275, in various states of condition, survive today.

“This donation was very touching. We haven’t received a donation of this caliber in many years,” Museum Director Tiffanie Bueschel said.

Contursi made headlines in December when he sold the unique 1787 EB on Breast Brasher Doubloon, which subsequently was acquired for $7.4 million by a Wall Street hedge fund. He also sold the 1794 Flowing Hair Silver Dollar, believed by some to be the first U.S. silver dollar ever minted, for $7.8 million in a private sale in May 2010. The silver dollar was on display at the Money Museum for several years.

“I have a background of handling the sales of some of the earliest U.S. coins, so donating this historically significant coin made sense,” Contursi said. “This donation is my way of giving back to the ANA for the wonderful things that they do for collectors.”

The coin’s condition was assessed recently by Numismatic Guaranty Company chairman Mark Salzberg. “I’ve seen several dozen different examples during my career – this coin is far nicer than most. It’s well struck and problem-free with just the lightest touch of circulation wear and rich patina,” Salzberg said.

The public will get a chance to see the coin on display at the spring ANA National Money Show, May 10-12 in Denver. Find out more at www.nationalmoneyshow.com.

Image/Copy: ANA

Nominations for the ANA Hall of Fame are due Jan. 31

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The Numismatic Hall of Fame is where we enshrine those who have made a lasting contribution to our hobby. It’s a place for authors, collectors, researchers and teachers.

New members are elected to the Hall of Fame every two years. Who will be in the next class for the Hall of Fame? It all begins with you.

Download the nomination form from the Hall of Fame page at www.Money.org. Tell us a little about your nominees — what did they contribute to the field of numismatics? Which organizations were they active in? What awards have they won? Have they published books or magazine articles?

Send those nominations by Jan. 31 to the attention of Ann Rahn, ANA executive assistant, by mail to 818 N. Cascade Ave., Colorado Springs, CO, 80903. Or email your nominations toRahn@money.org.

Image/Text:  ANA

Written by Robert L. Wilson

January 24, 2012 at 7:24 am

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