Coin Collecting News

Sunday
7 September 2008

     "Your coin resource for daily collecting news and coin blogs linked right to the articles."

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Legend Market Report - WHO IS BUYING AND WHO IS SELLING? - CoinLink

For every person who is a seller, we have found a buyer who thinks now is a good time and coins are cheap. The reasons are varied as to why people are selling. Very few have said to us they needed the money to live off of. We think the weakest players dropped out last year. Right now we see significant asset management occurring.

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Hispanic Society to sell historic coin collection? - The Art Newspaper

The Hispanic Society of America has recalled 38,000 coins from the American Numismatic Society (ANS) which have been on loan for more than half a century—and appears to be preparing to sell them.

The valuable collection consists of coins minted in Spain, its dependencies, and the powers that controlled Spain from the 5th century BC until the 20th century.

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Free coins in fountain - New York Post

Talk about liquid assets!

This New Yorker got all wet for chump change. The water fountain in front of City Hall was one man’s personal change purse as he went head over heels to mine it for nickels, dimes and quarters.

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Eagle Premium Takes Off But Will Fly Away - NumisMaster

I wrote a blog this morning asking why anybody would pay a premium of almost 19 percent over metal value for 2008 American Eagle silver coins when buyers have alternatives like 100-ounce silver bars for 7.8 percent over metal value, or 1,000-ounce bars for 2.3 percent over metal value.

A response was posted by one reader saying that the coins were purchased by people who expect prices to go higher who can’t afford a 1,000-ounce bar.

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Buccaneers Quarterback JEFF GARCIA and GAINESVILLE COINS Team Up For “COLLECT FOR A CAUSE” - CoinLink

Gainesville Coins, Inc. owners Michael Yaffe, 21, Joseph Yaffe, 23, and Corey Maita, 23, have come to show that young professionals can give back to the community through the simple purchase of a coin. After starting the company in college at the University of Florida, they have grown to be one of the largest modern coin dealers in the United States. In an effort to share their recent success, they have partnered with Tampa Bay Buccaneers Quarterback Jeff Garcia and started the “Collect for a Cause” program.

Read article: Buccaneers Quarterback JEFF GARCIA and GAINESVILLE COINS Team Up For “COLLECT FOR A CAUSE” - CoinLink

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ICTA honors Clark, Johnbriers for service - Numismatic News

As the highlight of its 25th anniversary celebration on July 30 in Baltimore, Md., the Industry Council for Tangible Assets’ Chairman Fred Weinberg presented Chairman’s Awards to Michael B. Clark and Al and Joann Johnbrier.

ICTA created the new Chairman’s Award in conjunction with its silver anniversary to recognize individuals who have provided exemplary, ongoing service to ICTA and to the rare coin and precious metals communities.

Read article: ICTA honors Clark, Johnbriers for service - Numismatic News

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Stamps & Coins: How a boy’s rare penny turned to gold - sacbee.com

From all accounts, Ken Wing was a typical kid. Born in 1930, his childhood invariably revolved around World War II.

Back then, young children lived for newsreels detailing accounts of the war. Many boys diligently studied aircraft silhouettes in the event of an attack. Wing was surely one of them considering he lived in Long Beach – one of the closest U.S. cities to Japan.

Read article: Stamps & Coins: How a boy’s rare penny turned to gold - sacbee.com

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Collecting Personal History in Numismatics - Coin Collector’s Blog

In 1938, President Franklin Delano Roosevelt founded the March of Dimes. That year Howard Hughes set a record by flying an airplane for 91 hours around he world. It was the same year as Douglas “Wrong Way” Corrigan landed in Ireland after allegedly trying to fly to California claiming navigation problems.

Roosevelt launched a $5 billion spending program (roughly $78 billion in 2008 money) to try to stimulate the economy after the Recession of 1937. The US also established minimum wage laws. The radio adaptation of H.G. Wells’s The War of the Worlds broadcast by Orson Welles causes panic, especially in the northeast.

Read article: Collecting Personal History in Numismatics - Coin Collector’s Blog

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Pick Up That Penny - Coin Collector’s Blog

I like hunting for coins in change. But it has been since early June since my last find. Maybe instead of looking in my pocket, I should look at the ground. I was pointed to a story about two different people who hunt for change on the ground. They never pass any coin lying by itself waiting to be picked up.

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Universal Coin to Attend 2008 Friends of NRA Banquet

Universal Coin to contribute donation and Liberty Table Sponsorship attendance at 2008 Friends of NRA Banquet. Universal Coin & Bullion’s involvement at this event represents yet another vital way they are committed to the NRA and its fight for freedom, liberty and America’s 2nd Amendment Rights.

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In Memory of Jack Lee… - John Feigenbaum’s Ramblings

I write tonight’s blog with a very heavy heart. I was traveling out of the country over the weekend when I heard that my dear friend, Jack Lee, had passed away. Jack has been well known in numismatic circles these past two decades, primarily for the famous Silver dollar collections he assembled. Their quality was been unmatched because Jack had the rare combination of a critical eye, patience, and financial means to build the greatest Morgan dollar collection.

Read article: In Memory of Jack Lee… - John Feigenbaum’s Ramblings

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New look for Perth Mint - thewest.com.au

The Perth Mint, proud occupant of the same historic limestone building since its opening in 1899, will take on a new 21st-century look over the next three years.

The heritage-listed headquarters, now one of the Western Australian capital’s premier tourist attractions, will undergo a multi-million-dollar redevelopment with new-look exhibition and retail facilities to be phased in between next year and 2011.

Read article: New look for Perth Mint - thewest.com.au

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Get All the Coin Values For Half the Price - NumisMaster

You’ve got the coin, NumisMaster has its value. With more than 1 million price listings at the click of a mouse, NumisMaster brings collectors the power behind the Standard Catalog of World Coins series.

And now, NumisMaster has slashed its price. For $79.95 a year, or $9.95 a month, subscribers have access to pricing for coins from the 1500s to the latest 2008 offerings.

Read article: Get All the Coin Values For Half the Price - NumisMaster

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Coins go missing at World’s Fair - Numismatic News

A missing coin alert was issued by the American Numismatic Association. The coins were taken from John Schuch’s table at the World’s Fair of Money in Baltimore Aug. 2-3. Schuch suspects a man in his late 30s or early 40s with combed back longer brown hair, light complexion and medium build who was at his table Aug. 2 and Aug. 3.

Read article: Coins go missing at World’s Fair - Numismatic News

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Precious Metals Tank, Coin Collectors Happy? - Coin News

Overnight trading whiplashed precious metals into unconsciousness and a recovery appears to be nowhere in site on Friday. As of this writing, New York spot gold is below $780 an ounce, silver tanked to under $12.80 an ounce, and platinum plunged to below $1,350 an ounce.

Read article: Precious Metals Tank, Coin Collectors Happy? - Coin News

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Man gets prison for rare coin robbery - The Holland Sentinel

Jeremy Wilkinson will spend at least 15 years in prison for his involvement in the January robbery of a rare coin home business in Spring Lake Township that culminated in a chase across Lake Michigan ice.

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Truck buyer uses $8,000 in coins - Cincinnati Enquirer

James F. Jones walked into an office at car dealer Jake Sweeney today, plunked down 16 coffee cans of coins and said: “I want that Chevy truck,” pointing to a red, 2008 half-ton Chevrolet Silverado. The sales staff couldn’t believe he was serious, but Jones, of New Miami in Butler County, was very serious – and he had $8,000 in coins to back him up.

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Homer Simpson Euro Found - NumisMaster

A Spanish sweet shop owner from Aviles discovered a nicely crafted Hobo Nickel style reworked Spanish Euro coin in the till recently while counting through the change. The artist altered King Juan Carlos from the obverse of a 2001 KM1046 Euro coin into Homer Simpson, leaving the rest of the obverse and reverse alone and as struck.

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Pakistani coins being melted down for copper - metalworker

THE RISE in copper demand and prices is hitting the hip pockets of residents and companies alike in the Pakistani province of Lahore, where one-rupee coins are being melted down to make wire.

Read entire article: Pakistani coins being melted down for copper - metalworker

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Gordon selected YN contest winner - Numismatic News

Parker Gordon, a 16-year-old junior numismatist from Lipan, Texas, was named the winner of the Cuban Numismatic Association’s Essay Contest for Young Numismatists.

Read entire article: Gordon selected YN contest winner - Numismatic News

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