Weekly World Numismatic News for July 17, 2018

Thomas Rawlins Oxford Crown coin that minted in 1644. Only 100 of these coins were produced under the reign of Charles I.
(Image courtesy of The Sun.)

This past week’s news had two stories about coin finds that makes me a little jealous.

Workers cleaning out the cellar in an abandoned home in Brittany, a northwest region in France, discovered a shell-shaped container that rattled when shaken. Inside the container were 600 Belgian gold coins dated 1870. The obverse of the coins had the portrait of Leopold II, then the reigning monarch of Belgium.

Local media reported that the coins could be worth 100,000 euros or about $116,000 at the current exchange rate.

As reigning monarch in Belgium, as democratic reforms were sweeping through Europe, Leopold II had little power except to expand his empire. He did so by using explorer Henry Morton Stanley to help him lay claim to the Congo. Leopold was a harsh ruler in the Congo as he depleted the country of its two major resources: ivory and rubber. After, gaining a fortune Leopold basically went on a spending spree.

By 1908, Leopold was forced to give up control of the Congo to be managed as a legitimate Belgium colony. Belguim Congo gained independence in 1960 and became the Republic of the Congo.

There have been several hoards of Belgium gold coins from the Leopold II era that has been driving down the price of all coins. Add that European history does not portray him well makes his reign very unpopular.

The other find was by a woman in Hull, or more properly, Kingston upon Hull in the United Kingdom. She was cleaning out her loft and found a coin collection she inherited from her grandfather. She offered the coins to her children but they declined, believing the coins were junk.

Wanting to know more, she went to get the coins appraised and found that she had a Thomas Rawlins Oxford Crown coin that minted in 1644. Only 100 of these coins were produced under the reign of Charles I. It has an estimated value of £100,00 ($132,729 at the current exchange rate).

The lesson we should learn is to find those old boxes, containers, tins, or anything else that was given to you by a relative and do not assume it is junk. Have them appraised because you never know what you might find!

And now the news…

 June 10, 2018

©Belga Demolition workers in the French town of Pont-Aven in Brittany have uncovered a fortune in Belgian gold coins worth €100,000. The coins date back to 1870, and show the notorious king Leopold II on the reverse. → Read more at brusselstimes.com


 June 11, 2018

French gendarmes say workers paid to demolish an uninhabited house in Brittany made an unexpected discovery in the cellar — 600 gold coins. The Pont-Aven gendarmerie said the workers discovered the coins after rattling a mysterious, shell-shaped container. → Read more at abc.net.au


 June 12, 2018

Liza Minnelli famously sang about the role of money in the award-winning Broadway play Cabaret, saying “Money makes the world go round.” Oscar Wilde cleverly wrote about it, as well, stating “When I was young, I used to think that money was the most important thing in life. Now that I am old, I know it is.” → Read more at jasper52.com


 June 13, 2018

LOS ANGELES (Reuters) – A one of a kind 18th century gold coin bearing the likeness of the first U.S. President, George Washington, is expected to fetch more than $1 million when it goes up for auction in August, auctioneers said on Wednesday. → Read more at in.reuters.com


 June 13, 2018

A GRANDMOTHER found a rare 17th century coin worth £100,000 in a box of junk she was about to dump. The 69-year-old from Hull was clearing out her loft when she discovered the Thomas Rawlins Oxford Crown coin, minted in 1644. → Read more at thesun.co.uk


 June 13, 2018

The South African Reserve Bank (SARB) has released the designs of its commemorative banknotes and coins for Nelson Mandela’s birth centenary, ahead of the launch on July 13. The central bank on Wednesday issued a statement indicating that test packs of the commemorative notes were made available to the cash industry to make preparations for cash processing, cash dispensing machines and ticket machines, among other things. → Read more at fin24.com


 June 16, 2018

Family Fortunes: A sniper shot and seriously wounded him in east Belfast in 1922 → Read more at irishtimes.com


 June 16, 2018

A one of a kind 18th century gold coin bearing the likeness of the first U.S. President, George Washington, is expected to fetch more than $1 million when it goes up for auction in August, auctioneers said on Wednesday. → Read more at reuters.com

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Meme Monday!

During a quick diversion on Facebook after posting a job for my new business, I found this post. I think it is appropriate for everyone!

I hope your Monday was as exciting as finding an Indian Head cent in your coin roll!

If not, have another cup of coffee and try again on Tuesday! 😉

Weekly World Numismatic News for June 10, 2018

Elongated 2013 Fort McHenry quarter that was part of the Maryland Token and Medal Society souvenir card

Sometimes, we forget that there is more to numismatics than coins and currency. While collecting Morgan dollar VAM varieties may be rewarding, there are opportunities just to have a little fun.

This is where our article feature article, “Pressing Memories: Pursuing elongated coins won’t break the bank,” in Antique Trader is appropriate. It tells the story about the origin or elongated coins and the current market for these coins.

One way to consider collecting elongated coins is to collect them based on where you have been. While some people will buy postcards or lapel pins to collect as souvenirs, elongated coins can be less expensive and have even more variety than gift shop fare.

You can find the machines with the cranks that will create elongated coins in a lot of museums, theme parks, and even in on the Disney properties. Most machines charge 51-cents to $1.01 to squish and imprint a design on the one-cent coin you pay for the service. Almost all of the machines are mechanical where you do the work. They also will only elongate cents. There are a few machines that are more automated that can elongate almost any coin.

Having played around with a few of these machines, the best coin to use is one of the copper-plated zinc cents (post-1982) that is red-brown in color with more red than brown. Very shiny coins look too artificial and the design seems to get lost on brown cents. One of the reasons not to use the all-copper cents is that the rich brown that makes those cents attractive does not look as good when squished.

If you start to collect elongated coins you may consider joining The Elongated Collectors (TEC) organization. Considering that elongated coins are fun collectibles, TEC has to be a fun group. Join in and have fun!

And now the news…

 June 1, 2018

By Karen Knapstein You don’t need to have an interest in coin collecting to get started in coin collecting. If you are a traveler, a fun-seeker, a keeper of mementos from family outings or historical events, creating and collecting elongated pennies may be a good fit for you. → Read more at antiquetrader.com


 June 3, 2018

Before you tell me I am cuckoo, allow me to introduce Ian Watt. The 70-year-old from the United Kingdom has made the enormous amount of money in a very peculiar way. Mr Watt’s fortune has come from him never walking past a coin on the ground, with the eagle-eyed dad collecting almost a million of lost coins in his travels. → Read more at news.com.au


 June 4, 2018

Patna: The Reserve Bank of India (RBI), in view of the coin glut in Bihar, said on Monday that the central government was encouraging use of coins, and it was receiving two to four truckloads of coins daily in Patna to be distributed across the state through banks. → Read more at telegraphindia.com


 June 5, 2018

(Kitco News) – The gold market continues to struggle with weak bullion demand as the Royal Canadian Mint reported a more than 50% drop in sales in the first quarter of 2018. In its first-quarter earnings report, released last week, the Canadian mint said that gold volume dropped to 108.5 thousand ounces in the first quarter, down from 228.2 thousand ounces reported in the first quarter of 2017. → Read more at kitco.com


 June 5, 2018

The Singapore Mint has released a limited-edition set of medallions to commemorate the historic first summit between a sitting U.S. president, Donald Trump, and a North Korean leader, Kim Jong Un, scheduled in the island state for June 12. → Read more at newsweek.com


 June 8, 2018

Exploration company Golden Predator plans to start selling the coins — about $1,800 for a one-ounce coin — later this month. → Read more at cbc.ca


 June 9, 2018

The Mint continues to tap in to its creativity and innovation to further unleash the → Read more at globalbankingandfinance.com

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New Baseball Medals

Keeping with this week’s theme of sports on coins, a company named Baseball Treasure (at baseballtreasure.com) created baseball “coins,” technically medals, representative of all 30 teams. Each team is represented by one player whose likeness will appear on the medals.

These medals are licensed by Major League Baseball and the Major League Baseball Players Association.

Most of the medals are made from one ounce of copper. The medals are mounted on a baseball-card-sized cardboard card with player highlights, similar to what you would see on a baseball card.

The medals are sold in packs of three, six, and nine—or you will receive multiple packs of three medals. You can buy a box containing 36-packs. Assuming a pack contains three medals, their “Treasure Chest” contains 108 medals. For $3,000 you can buy a 12 box package with 432 packs containing 15,552 medals.

According to their website, one in every 432 packs will have a version of the medal made in .999 silver. Silver medals have been struck for each of the 30 players.

If you want to go for the gold, one in every 21,600 packs contains a specially marked medal redeemable for a gold medal featuring Aaron Judge of the New York Yankees. This was created to commemorate his rookie record of 52 home in the 2017 season.

Images courtesy of Baseball Treasures.

For those who are into trivia and would like to win a silver medal, they will post a clue on social media with the answer being a major league team. If you want more information, visit their #JoinTheHunt webpage for more information.

Previously, Upper Deck created hockey coins that they sold for $100 per coin on a virtual basis. While you could request the physical coin, they created a system to buy and trade these medals. There was also the chase to find the gold versions in this series.

The hockey coins are legal tender coins in the Cook Islands.

I had interviewed the Vice President involved in the program and just could not bring myself to write about the interview because I was very skeptical about how the program worked. Initially, they were sold in what they called e-Packs, virtual packages that would be held by Upper Deck. From the e-pack website, collectors can trade with each other.

One of my issues with this program is that they are sold blind packaged like baseball cards. You do not know what is in the package until it is opened. At $100 you can receive either a one-ounce silver coin, one-ounce high relief coin, one-ounce silver frosted coin, or a quarter-ounce gold coins. It would be a real bargain if you received a gold. It would be a worse deal than many Royal Canadian Mint silver coins otherwise.

Visiting their website recently, there is an option to purchase the coins at Canadian Imperial Bank of Commerce (CIBC) throughout Canada. There is no option to physically purchase coins in the United States except through the e-pack website.

These coins must be selling well enough for Upper Deck to continue the program.

In both cases, I am just not impressed with either program.

Both programs are over-priced.

The Baseball Treasure program is selling one-ounce of copper medals at $6.65 each. With the current copper price of $3.2858 per pound, each coin contains 20.5-cents of metals. The rest is packaging, licensing, and distribution. Even so, that is a 3,123,9-percent markup that you may never make up on the secondary market if you were to lose interest, especially since this is a medal and not a legal tender coin.

Of course, it is a better deal if you found a silver or gold medal. Then again, part of the markup to the copper medal is subsidizing the silver and gold medals. Without knowing how many medals or packages are being produced, it is difficult to determine how much of the $6.65 price is subsidizing the gold and silver.

Baseball Treasure’s program is certainly a more interesting idea than the Upper Deck Hockey Coin Program. It is more affordable and carries less risk. The Treasure Hunt also looks like fun and maybe something I will look into. But for now, it is not something I will collect. But if you do be aware that the copper medals may not return much more than $1-2 on the secondary market, depending on the price of copper.

#ALLCAPS

Congratulations to the
Washington Capitals

2017-18 STANLEY CUP CHAMPIONS!
First Stanley Cup Championship in the franchise’s 44 year history.

Just a small gathering in Downtown Washington

Image of the 2017 125th Anniversary of the Stanley Cup® 3-ounce silver Commemorative Coin courtesy of the Royal Canadian Mint.

Ice Hockey and Lord Stanley’s Cup highlighted with numismatics

Hockey is to Canada as baseball and basketball is to the United States.

125th Anniversary of the Stanley Cup® — 3 oz. Pure Silver Coin (2017)

Although all sports are represented throughout North America, ice hockey is purely a Canadian invention. Although there are records of hockey being played as far back as ancient Egypt, the first appearance of hockey played on the ice dates to the early 19th century in Nova Scotia.

The early game was derived from the North American Natives game of shinney but played on the ice. From Nova Scotia, the game spread to the people living along the Saint Lawrence River in Montreal and Quebec. It quickly spread west to Ontario.

Montreal is to hockey as Springfield, Massachusetts is to basketball. The first organized games were played in Montreal where the first organized rules were formed. The first ice hockey club was the McGill University Hockey Club founded in 1877. This was followed by the Quebec Hockey Club in 1878 and the Montreal Victorias in 1881.

2017 25-cent 125th Anniversary of The Stanley Cup® Special Wrap Coin Roll

Lord Stanley of Preston, the Governor General of Canada, attended his first game in 1888 with his children who were hockey fans. Lord Stanley became a fan and noticed that there was no championship trophy awarded to the best team in Canada. He purchased a silver bowl to use as a trophy and created The Dominion Hockey Challenge Cup. It was first awarded in 1893 to the Montreal Hockey Club.

While ice hockey was dominating in Canada, universities in the United States had their own version of ice polo played with a ball rather than a puck. The first game between collegiate hockey clubs was played in 1893 in Baltimore when Yale beat Johns Hopkins 2-1.

Lord Stanley’s sons were so enthusiastic about hockey that they traveled the world to introduce the sport to others. By 1903 they organized a five-team European league.

The Western Pennsylvania Hockey League was formed in Pittsburgh in 1898 which primarily operated in areas within a four-hour train ride from Pittsburgh. Most of the professional players were from Canada. In 1904, a rival International Professional Hockey League was formed to include Canadian cities.

With all of the competing leagues, the National Hockey Association was formed in 1908 to organize professional hockey in the provinces of Quebec and Ontario. With western Canada feeling left out, the Pacific Coast Hockey Association (PCHA) was formed to stretch professional hockey across Canada. The two leagues negotiated a championship between them that the winner of the series would will what was then being called the Stanley Cup first awarded by Lord Stanley.

1.5 oz. Pure Silver Coin – 100th Anniversary of the NHL® (2017)

World War I and a dispute between the owners and Toronto Blueshirts owner Eddie Livingstone saw the fall of the NHA in 1917. As part of their attempt to reorganize, owners formed the National Hockey League. The NHL was supposed to be a temporary measure until disputes were worked out but its success continues.

The original NHL included the Montreal Canadiens, Montreal Wanderers, Ottawa Senators, and the newly created Toronto Arenas. The Wanderers disbanded in 1918 after the Montreal Arena burned down. In 1919, the NHA’s Quebec Bulldogs joined the league bringing the number of teams back to four.

The Toronto Arenas won the first NHL championship in 1918 and then defeated the Vancouver Millionaires of the PCHA for the Stanley Cup.

The NHL expanded but found itself hurt by the Great Depression and the onset of World War II. By the 1942-43 season, the league was reduced to what has been referred to as The Original Six, the six teams that were the NHL from 1942 until the first expansion in 1967. The original six are the Boston Bruins, Chicago Black Hawks, Detroit Red Wings, Montreal Canadiens, New York Rangers and Toronto Maple Leafs.

1/2 oz. Pure Silver Coloured Coin – Passion to Play: Montreal Canadiens® (2017)

Today there are 31 teams with 24 operating in the United States and seven in Canada. The oldest team is the Montreal Canadiens whose history dates back to the NHA. The Toronto Maple Leafs can trace their history to the Toronto Blue Shirts of the NHA but does not acknowledge a direct lineage.

Since its first presentation by Lord Stanley of Preston in 1893, the Stanley Cup has been awarded 101 times. It is the oldest team championship trophy in existence. The Montreal Canadiens have won the Stanley Cup 24 times, the most by any team. The Detroit Red Wings hold the United States record for 11 Stanley Cup victories.

Currently, the Washington Capitals are winning in the Stanley Cup Finals 3-1 against the Vegas Golden Knights. The Capitals played their first season in 1974-75 and appeared in the Stanley Cup finals once, in the 1997-1998 season. This is the Vegas Golden Knights first season as an NHL Team.

Pure Silver Coin – The Toronto Maple Leafs®: Anniversary Logo (2017)

Since the Eastern Conference Finals, fans have been gathering around Capital One Arena to watch the games whether the Caps are at home or on the road. All of the games have been projected on the side of the National Portrait Gallery on G Street NW. For road games, fans have been allowed into the Capital One Arena to watch the game on the big screen.

To say that the area has gone Caps crazy would be an understatement. The neighborhood around Capital One Arena, known as Chinatown, will be flooded with fans on Thursday to watch the game outside projected on the side of the National Portrait Gallery and from the bars around the area.

In the area is the headquarters of the U.S. Mint on 9th Street NW. Although its sales counter may be open during the day, the crowds are expected to gather in the area beginning around noon. Plan accordingly.

If you are going to be in Washington and want to experience the fans Rock the Red (the Caps wear red sweaters at home leading to the moniker), you are welcome to join the crowd. If you want to avoid the crowd, find something else to do on Thursday that might be away from the area. This might be a good day to visit the Steven F. Udvar-Hazy Center of the Smithsonian’s Air and Space Museum. It is located in Chantilly, Virginia near Dulles Airport about 25 miles east of the Capital One Arena and far away from the crowd.

As for me, I will be watching from home. Since my team has not won the Stanley Cup since 1983, I am cheering for the Caps.

NOTE: Click on any image to go to the Royal Canadian Mint’s website if you are interested in purchasing the coins shown in this post. All of the images are courtesy of the Royal Canadian Mint.

Weekly World Numismatic News for June 3, 2018

Zimbabwe’s 2009 $100 trillion hyperinflation note

For those of you who do not like where politics and policy cross the line into numismatics, this post is not for you. Skip past the beginning into the news section below.

In the news this week was a story about the Reserve Bank of Zimbabwe touting the adoption of Chinese currency for general use in the country as circulating currency.

Zimbabwe’s economy has seen wild swings between massive inflation and significant economic stagnation that has caused currency fluctuations so bad that the country has given up managing its own currency. The economic problems have created a hyperinflation currency with notes printed with denominations as high as 100 Trillion Zimbabwean Dollars. So many of these notes were printed that any collector can buy them for $5-10 each.

Because of trade restrictions, Zimbabweans turned to United States currency smuggled from outside of the country. The supply of United States currency was so limited that some had begun the practice of cleaning the paper because people were carrying their currency in their underwear and new notes were difficult to come by.

Following negotiations with the United States, the RBZ was able to obtain new currency notes and offered an exchange to its residents. But that is where the negotiations ended. Upon the change of administrations, the current Department of the Treasury stopped negotiating with Zimbabwe and other African nations to introduce additional trade in United States dollars.

As the United States began to abandon these countries, the Chinese stepped in. The Chinese government has been negotiating with these countries and have made several inroads, especially in Africa. Zimbabwe is just the latest to announce that they could adopt the Yuan as their currency.

Although Zimbabwe is not an influential economy, it expands the Chinese economic base in Africa. By chipping away at the United States economic influence, it reduces the impact of the dollar on the continent that could have an effect on numismatics.

Africa continues to have the largest deposits of precious metals. Southern African regions have the world’s most active gold, silver, and platinum mines that if the United States loses influence in the region could have a negative effect on worldwide precious metals prices.

It is not a matter of the golden rule, “He who has the gold rules,” it is a matter of who controls the flow of gold from those mines. If the Chinese control the economic engine that runs those mines, they can use that influence to make or break the markets as they see fit. The ripple effect could not only bring higher precious metals prices but worldwide economic instability.

History has taught us that market manipulating does not work except if the manipulators have a backup plan. In this case, the Chinese are using their treasury as the backup plan. They are amassing economic power that could manipulate markets to the point that would cause prices to rise.

Currently, precious metals prices are set by arrangement with the London Bullion Market Association (LBMA) based on the daily auction prices in London. This is known as the London Fix Price. The market uses United States dollars for its pricing. However, if the dollar loses its economic power because the Chinese are controlling the markets where the metals are mined, it will affect the cost of everything.

In the short term, economic factors will affect the price of bullion being produced by the U.S. Mint since those prices are based on LBMA price averages. Collectors and investors will be hit first. After that, it would be a short time before economic instability hits everyone else.

And now the news…

 May 27, 2018

If you visit Stones River National Battlefield and Cemetery, you'll likely see coins on the top of many tombstones. According to park workers, the small mementos are a way some choose to pay their respects to the fallen soldier, and each kind of coin has a different meaning. → Read more at newschannel5.com


 May 27, 2018

In this edition of East Idaho Newsmakers, Nate Eaton speaks with Randy’L Teton. Teton is a Fort Hall native and is featured on the US Sacagawea dollar gold coin. She is the only living person to currently appear on a United States coin. During their conversation, Teton shares the fascinating story of how she ended … → Read more at eastidahonews.com


 May 28, 2018

TOKYO (Jiji Press) — The Finance Ministry said Friday that it will issue a silver coin to commemorate the 150th anniversary of the 1868 start of the country’s Meiji period, which ended in 1912. → Read more at the-japan-news.com


 May 29, 2018

Ahmed Mohamed Fahmy Yousef has spent the last academic year at the University of Colorado conducting research on learning technologies and instructional design in computer science education. → Read more at dailycamera.com


 May 29, 2018

Tawanda Musarurwa, Harare Bureau The adoption of Renmimbi/Yuan as a reserve currency, will help the country repay loans and grants from China, the Reserve Bank of Zimbabwe has said. → Read more at chronicle.co.zw


 June 1, 2018

Archaeologists in Egypt have unearthed a 2,200-year-old gold coin depicting the ancient King Ptolemy III, an ancestor of the famed Cleopatra. → Read more at foxnews.com


 June 1, 2018

An ancient Egyptian coin discovered in far north Queensland has researchers questioning how it got there. → Read more at abc.net.au


 June 3, 2018

The Royal Canadian Mint unveiled their first-ever panda-themed coin at the Calgary Zoo. → Read more at thestar.com

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May 2018 Numismatic Legislation Review

Augustus Saint-Gaudens National Historic Site
(Image courtesy of the National Parks Service)

Although it is not really a numismatic-related bill, the Saint-Gaudens National Historical Park Redesignation Act appears to be on track for passage in the Senate.

Essentially, the bill redesignates the Saint-Gaudens National Historic Site, Augustus Saint-Gaudens’ former home in New Hampshire, as the “Saint-Gaudens National Historical Park.” The change is significant in that it changes the funding for the staffing and maintenance of the site. It also will keep the site accessible for tourism.

Augustus Saint-Gaudens is known as the artist who co-conspired with President Theodore Roosevelt in his “pet crime” to redesign United States coinage. Before his death in 1907, Saint-Gaudens provided the design for the $20 Double Eagle and $10 Eagle gold coinage.

Saint-Gaudens’ legacy did continue after his death by his students Adolph A. Weinman, designer of the Walking Liberty half-dollar and Mercury dime, and James Earle Fraser, designer of the Buffalo Nickel.

S. 2863: National Law Enforcement Museum Commemorative Coin Act
Sponsor: Sen. Roy Blunt (R-MO)
Introduced: May 16, 2018
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. — May 16, 2018
This bill can be tracked at http://bit.ly/115-S2863.

H.R. 965: Saint-Gaudens National Historical Park Redesignation Act
Sponsor: Rep. Ann M. Kuster (D-NH)
Introduced: February 7, 2017
Summary: (Sec. 2) This bill redesignates the Saint-Gaudens National Historic Site, in New Hampshire, as the "Saint-Gaudens National Historical Park."
Referred to the House Committee on Natural Resources. — Feb 7, 2017
Placed on the Union Calendar, Calendar No. 197. — Aug 25, 2017
Reported (Amended) by the Committee on Natural Resources. H. Rept. 115-277. — Aug 25, 2017
Mr. Thompson (PA) moved to suspend the rules and pass the bill, as amended. — Oct 2, 2017
Considered under suspension of the rules. — Oct 2, 2017
DEBATE – The House proceeded with forty minutes of debate on H.R. 965. — Oct 2, 2017
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed. — Oct 2, 2017
Considered as unfinished business. — Oct 2, 2017
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 401 – 0 (Roll no. 545). — Oct 2, 2017
Motion to reconsider laid on the table Agreed to without objection. — Oct 2, 2017
Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources. — Oct 3, 2017
Committee on Energy and Natural Resources. Ordered to be reported without amendment favorably. — May 17, 2018
This bill can be tracked at http://bit.ly/115-HR956.

21 Down, 4 To Go

One of the ten 1933 Saint-Gaudens $20 Double Eagle gold coins from the Longbord Hoard confiscated by the U.S. Mint

A week ago when I wrote about the Coin World report that the U.S. Mint knows about more 1933 Saint Gaudens Double Eagle gold coins private hands. I had questioned their reasons why. Coin World followed up with the U.S. Mint and received an answer: because the one known that was in domestic hands is now stored with the 10 Langbord coins at the United States Bullion Depository at Fort Knox.

Coin World reported that the previous owner, who wishes to stay anonymous, turned in the coin because he did not want to be caught with the coin that federal courts ruled was stolen government property. Department of the Treasury and U.S. Mint officials have been instructed by the Department of Justice not to go into any further details about the case.

Since it has been assumed that 25 of these coins were taken from the Philadelphia Mint, that leaves four left at large.

According to Coin World, “The Secret Service still has on its books a directive to seize any extant 1933 double eagles as stolen government property.” However, other coins, patterns, and fantasy pieces including the five 1913 Liberty Head Nickels and the 1974 Lincoln Cent trial strike made from aluminum are still in private hands.

As long as this bogus double standard remains the policy of the federal government, we will likely never know whether the rumored 1964 Peace Dollars are real.

A look back interview with Randy’L Teton

Randy’l Teton interview on East Idaho Newsmakers (screen grab)

Following the failure of the Susan B. Anthony Dollar, there was an effort to revive the dollar with a new design. When the debate settled, Congress produced legislation to change the coin to have a golden color and a smooth edge to make sure it can be distinguishable from the quarter. After another debate, Sacagawea, the Shoshone guide of the Lewis and Clark expedition, was eventually chosen for the coin’s design. When the designs were reviewed and following a vote by the public, Treasury picked Glenna Goodacre’s design with the profile of Sacagawea in three-quarter view and her infant son, Jean Baptiste Charbonneau, carried on her back.

Since there are no known images of Sacagawea, Goodacre searched for someone she could model her design on. Goodacre found Randy’L He-Dow Teton is a member of the Shoshone-Cree tribe to be the model. Teton was a student at the University of New Mexico majoring in art history and was working for the Institute of American Indian Arts Museum in Santa Fe when Goodacre visited looking for information about the Shoshone tribe. While talking with the museum’s curator, Goodacre was shown a picture of the curator’s daughter, Randy’L, and decided to work with her to create the Sacagawea design.

Recently, Teton sat with Nate Eaton of EastIdahoNews.com for his series East Idaho Newsmakers. Although they cover other topics, most of the video is about Teton’s experience as being the model for Sacagawea.

EastIdahoNews.com does not provide the ability to embed the video elsewhere on the web. To watch the video and hear the story from Teton’s point of view you can visit the site: Newsmakers: The fascinating story of how this local woman ended up on the dollar gold coin.

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