{Tag Archives} Coin Blog
U.S. Mint Price Gouging - Susan’s Coins Blog
Sep 6 at 1:01pm
Although the U.S. Mint has been listening and communicating better this past couple of years, I think they’re getting way too greedy in their product mark-ups.
Take, for example, the Jackson First Spouse half-ounce gold coin: the Mint is selling the Proof version for $619.95. (The Uncirculated version is $20 less.) On August 28, 2008, the day the Jackson First Spouse coin went on sale, NY gold closed at $833.70 per ounce. This makes the NY spot price of a half-ounce of gold $416.85 on that day.
Read article: U.S. Mint Price Gouging - Susan’s Coins Blog
Filed in: Blogs, Susan's Coins Blog, United States Mint
Article Tags: Coin Blog, Susan's Coins Blog, United States Mint.
Collecting Personal History in Numismatics - Coin Collector’s Blog
Aug 24 at 11:11pm
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
Filed in: Blogs, Coin Collector's Blog, Uncategorized
Article Tags: Coin Blog, Coin Collector's Blog.
Pick Up That Penny - Coin Collector’s Blog
Aug 21 at 11:11pm
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.
Read article: Pick Up That Penny - Coin Collector’s Blog
Filed in: Blogs, Coin Collector's Blog, Uncategorized
Article Tags: Coin Blog, Coin Collector's Blog.
In Memory of Jack Lee… - John Feigenbaum’s Ramblings
Aug 19 at 1:01pm
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
Filed in: Blogs, John Feigenbaum's Ramblings, Uncategorized
Article Tags: Coin Blog, Jack Lee, John Feigenbaum's Ramblings.
A Different Error Collectible - Coin Collector’s Blog
Aug 17 at 7:07pm
An interesting part of coin collecting is to find a different niche that adds more to the collection than just the coin. I started with coin covers when the US Mint introduced them for various coins, including the 50 State Quarters series. Then I found that coin covers are popular in Europe, specifically in Great Britain and Australia where they refer to these collectibles as philatelic numismatic covers (PNC), to distinguish them from others like first day covers (FDC).
Read article: A Different Error Collectible - Coin Collector’s Blog
Filed in: Blogs, Coin Collector's Blog, Coin Errors
Article Tags: Coin Blog, Coin Collector's Blog.
Third Party Grading, Visited - John Feigenbaum’s Ramblings
Aug 12 at 12:12pm
I was asked a very interesting and challenging question today by Steve T., a collector of certified U.S. coins and customer of ours for just over 2 years. First, Steve was disappointed because he had cracked an NGC MS61 gold piece out of its holder and submitted it PCGS — and it graded AU58. We had originally sold him the coin and he wanted to know if we would allow him to return it. In other words, “would we guarantee the grade of the coin?”
Read entire article: Third Party Grading, Visited - John Feigenbaum’s Ramblings
Filed in: Blogs, Coin Certification or Grading, John Feigenbaum's Ramblings
Article Tags: CAC, Coin Blog, Collectors Acceptance Corp, DGS, Dominion Grading Service, John Feigenbaum's Ramblings.
Numismatics and the Olympic Medals - Coin Collector’s Blog
Aug 11 at 2:02pm
Although I am not a big fan of the Olympics, I can appreciate a good show. The Beijing Organizing Committee for the Olympic Games (BOCOG) put on an great show for the opening ceremonies. The committee for the London 2012 games will have its work cut out for itself after that presentation.
Read entire article: Numismatics and the Olympic Medals - Coin Collector’s Blog
Filed in: Blogs, Coin Collector's Blog, Medals
Article Tags: Coin Blog, Coin Collector's Blog, Medals.
Final Thoughts on 2008 World’s Fair of Money - Coin Collector’s Blog
Aug 11 at 2:02pm
I heard many reports of a successful World’s Fair of Money, I wish I was able to attend other days. Unfortunately, with it being two-and-a-half weeks after knee surgery, I was not able to recover in order to make a return trip. So I took the week off to recover and allow my knee to heal. But I had a few thoughts I would like to share.
Read entire article: Final Thoughts on 2008 World’s Fair of Money - Coin Collector’s Blog
Filed in: American Numismatic Association, Blogs, Coin Collector Shows, Coin Collector's Blog
Article Tags: American Numismatic Association, ANA, Coin Blog, Coin Collector's Blog, World's Fair of Money.
James Monroe Presidential Dollar Coin & First Spouse Medal Set - Mint News Blog
Aug 7 at 12:12am
The latest release for one of the US Mint’s more intriguing products is about to go on sale. The Presidential Dollar Coin & First Spouse Medal Set for James Monroe will be released on August 6, 2008 at 12:00 Noon ET.
Read entire article: James Monroe Presidential Dollar Coin & First Spouse Medal Set - Mint News Blog
Filed in: Blogs, Medals, Presidential Dollar Coins, U.S. Coins
Article Tags: Coin Blog, First Spouse Medal, Mint News Blog, Presidential $1 Coins, Presidential Dollar Coins.
1880 Gold Dollar - Coin Man
Aug 7 at 12:12am
Two weeks ago I was paging through the Red Book and I was looking for potential sleeper coins when I saw that the 1880 gold dollar was priced similarly to higher mintage coins but a mere 1600 were coined. This struck me as odd (pun intended) since most other coins with mintages that small would command huge prices in the marketplace.
Read entire article: 1880 Gold Dollar - Coin Man
Filed in: Blogs, Gold Coins
Article Tags: Coin Blog, Coin Man, Gold Coins.
ANA Recap - John Feigenbaum’s Ramblings
Aug 5 at 10:10pm
I rushed back to the main ANA on Tuesday morning for the opening of PNG Day and the momentum continued. We exhausted ourselves trying to keep up with the pace of business. Now, we mostly do wholesale at shows, and the ANA is no exception, but collector traffic was very good for the show. The trend of declining show attendance is still there and I think the ANA will report lower numbers than in previous years. But that’s due largely to the fact that serious collectors are happy to stay home and acquire coins via the Internet.
Read entire article: ANA Recap - John Feigenbaum’s Ramblings
Filed in: Blogs, Coin Collector Shows, John Feigenbaum's Ramblings
Article Tags: Coin Blog, John Feigenbaum's Ramblings.
ANA World’s Fair of Money: Day 1 - Coin Collector’s Blog
Jul 31 at 10:10pm
It was a very long day in Baltimore. After driving for over an hour, I finally made it to the Baltimore Convention Center and started to feed pictures and text to Twitter and Photobucket. I hope those who followed enjoyed the updates. I know there were some time gaps between Tweets, but I needed to take time to do my own searching! Also, connection issues prevented a few pictures from uploading. But it was fun.
Read entire article: ANA World’s Fair of Money: Day 1 - Coin Collector’s Blog
Filed in: American Numismatic Association, Blogs, Coin Collector Shows, Coin Collector's Blog
Article Tags: American Numismatic Association, ANA, Coin Blog, Coin Collector's Blog, United States Mint, World’s Fair of Money.
AE Proof Platinum back on sale - Coin Man
Jul 30 at 10:10pm
Late last week I noticed on the Mint’s website that the AE Proof Platinum coins were re-listed for sale. If I remember correctly, they had been removed from the website in late June as platinum prices were moving higher.
Read entire article: AE Proof Platinum back on sale - Coin Man
Filed in: Blogs, U.S. Coins, United States Mint
Article Tags: Coin Blog, Coin Man, Platinum Coins, United States Mint.
Loonies and Toonies - Canadian Dollar Coins - Susan’s Coin Blog
Jul 24 at 10:10pm
I have just returned from a wonderful 10-day trip to Nova Scotia and the Canadian outback, and as a dedicated numismatist, I couldn’t help but observe the way that the Canadian populace dealt with their money, particularly their coins.
Canada has pretty much the same denominations that the U.S. has: Cents (that don’t buy much, and which nobody picks up off the ground just like in the U.S.,) Nickels, Dimes, Quarters, Dollars (called “Loonies” because the standard design depicts the bird called a Loon,) and Two-Dollar bi-metallic coins (called “Toonies,” apparently named in honor of the One Dollar coin of which Canadians are very fond.)
Read entire article: Loonies and Toonies - Canadian Dollar Coins - Susan’s Coin Blog
Filed in: Blogs, Canadian Coins, Susan's Coins Blog, World Coins
Article Tags: Canada, Canadian Coins, Coin Blog, Loonie, Susan's Coins Blog.
Now This Is Good Common Cents - Coin Collector’s Blog
Jul 23 at 4:04pm
Last December, I reported on the Penny Harvest Field that was installed in the plaza at Rockefeller Center in New York City. The Penny Harvest Field was 165-foot long and 30-foot wide “box” filled with pennies. Pennies donated to school children from all over New York City.
I received a note this evening from Common Cents, the organizer of the Penny Harvest, to announce that last year’s harvest raised $677,955.99, including $20,000 from passers-by in Rockefeller Plaza.
Read entire article: Now This Is Good Common Cents - Coin Collector’s Blog
Filed in: Blogs, Coin Collector's Blog, Uncategorized
Article Tags: Coin Blog, Coin Collector's Blog, Penny Harvest Field.
Paper v. Coin Dollars - Coin Collector’s Blog
Jul 22 at 9:09pm
Since the introduction of the Presidential $1 Coin, many numismatic venues have discussed how to make the program more successful. Reports are being made that Gallup has been calling people asking questions that lead to the impression they are researching the circulation of dollar coins.
When asked about how to increase the circulation of the dollar coin, the dominant suggestion has been to remove the one dollar federal reserve note from circulation. It is thought that the move would force people to use the coin when the paper currency is no longer available.
Read entire article: Paper v. Coin Dollars - Coin Collector’s Blog
Filed in: Blogs, Coin Collector's Blog, Presidential Dollar Coins, Uncategorized
Article Tags: Coin Blog, Coin Collector's Blog, Presidential $1 Coins, Presidential Dollar Coins.
DGS Making Progress - Coin Collector’s Blog
Jul 21 at 10:10pm
Last February, the owners of David Lawrence Rare Coins bought the assets of PCI, the fledgling grading service from suburban Atlanta, Georgia in an absolute sale auction. DLRC then packed up the assets and moved the service to their location in Virginia Beach, Virginia.
Rather than trying to rescue the PCI name, DLRC President John Feigenbaum later announced that the service would be rebranded as Dominion Grading Service (DGS) and begin accepting grading submissions in May.
Read entire article: DGS Making Progress - Coin Collector’s Blog
Filed in: Blogs, Coin Certification or Grading, Coin Collector's Blog
Article Tags: Coin Blog, Coin Collector's Blog, DGS, Dominion Grading Service.
How Can I Avoid Silver Eagle Coin Fraud and Other Fake Silver Coins? - Susan’s Coin Blog
Jul 18 at 12:12am
Question: How Can I Avoid Silver Eagle Coin Fraud and Other Fake Silver Coins?
Coin fraud is an unfortunate reality in the coin collecting marketplace, but you can avoid buying fake silver coins, and avoid coin fraud in general, by learning how to spot fake coins. We will use a fake Silver Eagle to demonstrate some easy steps to avoid buying fake coins.
Read entire article: How Can I Avoid Silver Eagle Coin Fraud and Other Fake Silver Coins? - Susan’s Coin Blog
Filed in: Susan's Coins Blog, U.S. Coins, Uncategorized
Article Tags: Coin Blog, Silver American Eagles, Silver Coins, Susan's Coins Blog.
Writing an honest to goodness letter to Edmund Moy - Coin Man
Jul 17 at 11:11pm
Finding the contact information for senators and representatives is quite easy, I could find no such contact page for the director of the US Mint, Edmund Moy. Thus I wrote him an honest to goodness letter and will mail it soon. I’m not sure about the address.
The two addresses listed on the US Mint’s website were for customer service issues and the other was for questions regarding history/coin programs/etc.
Read entire article: Writing an honest to goodness letter to Edmund Moy - Coin Man
Filed in: Blogs, United States Mint
Article Tags: Coin Blog, Coin Man, Edmund Moy.
Coin News Asks Some Good Questions - Coin Man
Jul 16 at 8:08pm
There was an article posted to Coin News yesterday asking a good question, “Should the Senate follow suit [and pass the National Parks Quarter Dollar Bill]?”
Other good questions are posited. I will give my spin on them in order to become one of those who would get mad if this became law.
Read entire article: Coin News Asks Some Good Questions - Coin Man
Filed in: Blogs, Coin Legislation, National Park Quarters
Article Tags: Coin Blog, Coin Legislation, Coin Man, National Park Quarters, Quarters.