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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

American Numismatic Association’s 121st Anniversary Convention

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First director of U.S. Mint featured on medal
for American Numismatic Association’s
121st Anniversary Convention

First director of the United States Mint David Rittenhouse is honored on the official medal for the American Numismatic Association’s 121st Anniversary Convention, Aug. 7-11, at the Pennsylvania Convention Center in downtown Philadelphia.

Designed by Jamie Franki, an art professor and former master designer in the U.S. Mint’s Artistic Infusion Program, the piece celebrates Rittenhouse’s contributions to science and American coinage history. Largely self-educated, Rittenhouse is known for his skills in astronomy and surveying and for constructing a variety of instruments to help him in his work.

“Philadelphia has a rich heritage, not only as the cradle of the American Revolution, but also as the foundation of our nation’s coinage,” Franki said. “I endeavored to tie aspects of these two ideas together in a unique way.”

The obverse features a portrait of Rittenhouse while the reverse is reminiscent of the rare 1792 half disme, one of the first issues of the newly established Mint (interestingly, with the Mint not yet operational, the 1792 half disme was actually struck in the basement of a saw-makers shop). Rittenhouse personally delivered specimens of the new coinage to Thomas Jefferson, and many were given to dignitaries as examples of minting excellence and American ideals.

The stars, gears and markings along the obverse rim are derived from Rittenhouse’s orrery machines, devices he painstakingly constructed to create accurate maps of the solar system. Curved along the edge is a facsimile of the inventor’s signature.

The reverse carries a single star, as does the reverse of the half disme.

“Since Philadelphia is the City of Brotherly Love, I placed an olive branch in the eagle’s beak as a sign of peace; 13 olives on the branch represent the original colonies,” Franki said. “The typeface I used is called ‘Benjamin Franklin’ after the great Philadelphian who coincidentally created legends for the half disme and subsequently for the Fugio cent.”

Franki is thrilled to have had the opportunity to design the official convention medal for the upcoming World’s Fair of MoneySM.

“It is my hope that bringing together our Mint’s first director and one of his first coins on a commemorative ANA medal serves as a reminder of Philadelphia’s importance as a center of numismatics, culture and patriotism,” Franki said.

Franki will conduct a Money Talks presentation titled “David Rittenhouse and the 1792 Half Disme” at 1 p.m. on Saturday, Aug. 11 in Room 104B. Franki’s Money Talk will be followed by a meet-and-greet at 2 p.m. in the ANA Area, where he will be signing the holders for the medal.

Only 100 bronze, 70mm, serially numbered medals will be struck, along with 150 two-medal sets (38mm, bronze and silver), and 125 38mm badges with ribbon drape. Bronze medals are $60, two-medal sets are $100 and badges are $25. Add $6.95 per shipment for postage and handling. To order, phone 800-367-9723, ext. 112.

Check out the the photos of this medal, it is a true work of art!

Read the rest of this entry »

Written by Robert L. Wilson

August 10, 2012 at 7:11 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 to Annouce Dealer of the Year

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Written by Robert L. Wilson

July 5, 2012 at 1:53 pm

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

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

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