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Numismatic News

Postal cancellations on rolls were as popular or even more so than the new Yosemite National Park quarters themselves at the July 29 debut ceremony held at the famous California park.

Mint Director Ed Moy and Yosemite National Park Superintendent Don Neubacher officially introduced the new design, which is the third one of five planned for 2010 ...

Full Article: Stamped quarters popular - Numismatic News

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Who doesn't like the Walking Liberty half dollar design? The Saint-Gaudens design for the gold $20 might win the honor of being called the most beautiful coin of the United States, but the Walking Liberty half dollar surely was the most beautiful coin design accessible to the average person.

Only the Buffalo nickel might dispute that title with the Walking Liberty half dollar. If we didn't all collect Walking Liberty half dollars ...

Full Article: Philadelphia Walkers: strange story - Numismatic News

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Lower Mintage Mercury Dimes

by Numismatic News on August 3, 2010

in Coin Values, Numismatic News

Perhaps it is time we take a second or even a first look at some of the lower mintage Mercury dime dates like the 1938-D. Right now the 1938-D seems fairly stable in terms of price, but you have to think that $34 for an MS-65 and $62 for an MS-65 with full split bands is awfully inexpensive considering its mintage and the potential for demand for a coin that is now more than 70 years old.

The 1938-D Mercury dime had a mintage of ...

Full Article: Will 1938-D Mercury make a move? - Numismatic News

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Many counterfeit coins have one side that is more deceptive than the other.  That is the case for the 1895-O Morgan dollar that a dealer and collector asked me to authenticate recently. I found that several characteristics of this fake were interesting enough for me to share with you here.

This fake is die struck. Overall, it is better made than all but a few of the current fakes from China that I have encountered. No telling where or when this coin was made. I have heard that the more money you pay to the manufacturer, the better quality copy you’ll ...

Full Article: Crude '5' in date gives away fake - Numismatic News

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The first Shield nickel design was supposed to be a Confederate trick, wasn't it?

With the usual distaste for any new coin issue, the rumor got started that the rays and stars represented the Confederate "Stars and Bars," and claims this was why the rays were dropped in 1867. The more mundane and real reason was that the very hard nickel alloy was ...

Full Article: Nickel caused Confederate rumor - Numismatic News

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Three-cent coin victim of size

by Numismatic News on July 21, 2010

in Coin History, Numismatic News

For many years there has been an obvious bias among collectors in favor of coins made of precious metals and coins of large diameter.

The winners of this set of preferences have been coins like Morgan dollars, Walking Liberty halves and American Eagles. In the case of the silver American Eagle, it copied the basic size of the Morgan dollar and swiped the design of the Walker.

To be technically correct, it should be noted that the Morgan dollar is 38.1mm and the silver American Eagle is 40.6mm. But that is close enough to make the point: Big and precious is good, small and base metal is, well, not bad but not quite as desirable, either. ...

Full Article: Three-cent victim of size, metal bias - Numismatic News

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The list of most historic coins of the United States is one where many can disagree. That is especially true in the case of the 1792 half disme, but as with all other early half dimes, the 1792 is certainly an interesting item.

For those with a love of history and an interest in the early workings of the U.S. Mint it is hard to do better than a collection of the early half dimes as they all tell a story and usually a very interesting one ...

Full Article: Half dimes started with 'half disme' - Numismatic News

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The eagle is one of the most magnificent birds found in nature. Large and bold, with a hooked beak and fierce-looking eyes, the eagle has long been a symbol of power, majesty and beauty.

Bald eagles, found in different parts of the United States, became the national symbol in 1782. Many renderings of this bird can be found on coins, eagles in varying stands, flying, perched or in fanciful pose. An eagle can be seen on the Massachusetts cent of 1787, holding arrows.  The Excelsior pieces of the same year show an eagle...

Full Article: Eagles on coins dull to delightful - Numismatic News

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A blizzard of paperwork could be about to hit numismatics. Passage by Congress of the national health care legislation has had an unintended consequence to the nation’s coin collectors, vest-pocket dealers who buy and sell coins, and larger dealers who are frequent buyers of coins that collectors periodically liquidate as they trade up their collections for better coins, or simply sell to take a small profit or loss.

What has happened is that effective Jan. 1, 2012, the whole system of ...

Full Article: $600 sale? Tax form - Numismatic News

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America the Beautiful silver coins: Big job ahead for new coin press

July 1, 2010

The $2.2 million big blue Graebener coining press is just about ready for its big job ahead – striking 5-ounce, 3-inch diameter .999 fine silver America the Beautiful bullion coins.
“We’re almost there,” said Sam MacEwan, who heads a crew of three working on the new press at the U.S. Mint in Philadelphia. The new coin [...]

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Hot Springs Quarter proof coin is no error

June 22, 2010

Just because a proof coin isn’t shiny doesn’t mean it’s a mistake.
Some folks are taken aback by the lack of a mirror finish on the reverse of the 2010 Hot Springs silver proof quarter. They have called and written to Numismatic News wondering if the “rough and rippled” finish was a U.S. Mint error. It [...]

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Coin dealer victim of car robbery

June 22, 2010

Coin dealer Robert Beels of Pocono Coin, East Stroudsburg, Pa., was robbed after leaving a coin show in Parsippany, N.J., June 6, according to the Parsippany Troy Hills Police Department.
“I’m afraid they wiped me out completely, including my inventory, cash, checkbook, personal information, etc.,” Beels reported…
Full Article: Dealer victim of car robbery – Numismatic News

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Movie features coins…

June 14, 2010

I watched a movie on DVD called “Dear John.” It wasn’t one of those box office major hits and will not likely be a movie with a large fan base. I was startled by it because coin collecting played a major role in it. It was the one true connection between the lead character and [...]

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KP Announces “Reach for the Stars” Coin Sweepstakes

June 3, 2010

To celebrate the 2009 International Year of Astronomy and the 40th anniversary of Neil Armstrong’s first steps on the moon, Monnaie de Paris has issued a beautiful new range of uniquely designed coins to mark the event.
Krause Publications has recently partnered with the Mint to give away three of these coins to its readers in [...]

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Fakes coins come right to my desk

May 31, 2010

I had an e-mail this morning from Asia. The sender wanted to know if I was interested in trading for coins he had. The images he sent looked like fakes to me.
Now thanks to spam e-mails like this the fakes come right to my desk. I don’t have to search online auctions anymore. Next step [...]

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