Kick start a challenge

Proposed design of the Yorkshire (UK) Challenge Coin.

Proposed design of the Yorkshire (UK) Challenge Coin.

Did you ever want to be part of creating and issuing a coin?

Think about how you would feel to help a community create a challenge coin for itself. In the process of helping the community, you can collect one of these challenge coins for yourself. If you provide enough assistance, then you can own one of the lowest numbered challenge coin.

Buried in my inbox was a note about a KickStarter project to create a challenge coin for Yorkshire, U.K. For as little as £6, (currently $9.94) you can own a coin numbered between 100 and 999. If you can afford £20 ($33.14), you can own a coin numbered between 10 and 20. Sorry, but the lower numbers have been purchased. All you have to do is go to KickStarter and fund the project.

For those not familiar with KickStarter, it is a website used to allow interested people to fund projects of their choosing. Kickstarter projects are mostly creative endeavors or involve some creativity in art, music, and technology where you receive awards for your level of funding. The financing model is called “crowd sourcing” and has been used effectively to launch films for the Sundance Film Festival, a skate park in Philadelphia, a photo exhibit on the site of the Berlin Wall, and the Fitbit smart watch.

KickStarter uses and all or nothing model meaning that if the project only receives the money if it is fully funded. If it does not, your credit card will not be charged and you will not receive your premium, of course. For the Yorkshire challenge coin, they are asking for £3,000 ($4,970.52). Currently, there is £220 pledged ($364.50) with 3 days to go. The funding drive ends on Saturday, August 30 at 1:36 AM EDT.

What the heck… it seems like a very cool idea. Let’s see if we can help put the project over the top and get it funded. Even if you do not want the coin, you can spare £3 (about $5) to help!

Note that there are extra postage requirements for shipping outside of the United Kingdom.

D-Day + 70 years

Operation Overlord was the largest amphibious invasion in history.

Originally scheduled on May 1, it was rescheduled to June 5 and then June 6 because of weather.

Commanded by Gen. Dwight D. Eisenhower, the invading force consisted of 156,000 Allied troops using 5,000 ships and landing craft bringing on shore 50,000 vehicles with overhead support from 11,000 planes and 13,000 paratroopers.

Across 50 miles of Normandy coast line, the United States forces were assigned Utah and Omaha beaches, the British Army was assigned to Gold and Sword beaches, and the Canadian Army invaded Juno beach.

Operation Bodyguard created six decoy invasions as a distraction to the Germans so as to divert their attention from the intended invasion at Normandy. Gen. George S. Patton, considered the most skillful tank commander in U.S. military history, commanded a fake mission to invade Pas-De-Calais.

Omaha Beach was the focus of the attack because it was the most heavily defended beach.

On the first day, 4,414 Allied soldiers were confirmed dead.

Victory was declared on July 21, 1944 when the Allied forces captured Caen, one of the major objectives of the invasion.

The Normandy American Cemetery in Colleville-Sur-Mer is the final resting place for 9,387 Americans. Across its 172.5 acres sits 9,238 crosses and 149 Stars of David where 41 sets of brothers and 3 Medal of Honor recipients rest. The Walls of the Missing is engraved with the names of 1,557 soldiers missing in action.

On this, the 70th Anniversary of D-Day, the day Operation Overlord began, there is one more statistic that should not exist:

The number of commemorative coins issued by the United States to honor those that served and gave their lives to help begin the liberation of Europe from the worst criminal of all time: ZERO!

Although the U.S. Mint did issue a World War II 50th Anniversary commemorative coin in 1995, this country should honor those who participated in the largest amphibious invasion in history and set the world on a safer course.

With the number of veterans of that day dwindling as they are all nonagenarians, I would like to thank them for their service and the families of the fallen for their service. I only wish that congress would realize that their bickering over nonsense with flags on their lapels pales in comparison to the sacrifices made on that day in France. They just do not get it.

Canadian $10 Commemorative of the 70th Anniversary of D-Day featuring the obverse portrait of King George VI, the reigning monarch at the time of the invasion.

Canadian $10 Commemorative of the 70th Anniversary of D-Day featuring the obverse portrait of King George VI, the reigning monarch at the time of the invasion.

70th Anniversary of D-Day 2014 Alderney £5 BU Coin from the Royal Mint.

70th Anniversary of D-Day 2014 Alderney £5 BU Coin from the Royal Mint.

Bimetallic 2 € commemorative issue from the Monnaie de Paris (Paris  Mint)

Bimetallic 2 € commemorative issue from the Monnaie de Paris (Paris Mint)

Reference: D-Day by the Numbers from the History Channel
Coin images courtesy of the Royal Canadian Mint, Royal Mint, and Monnaie de Paris.

Staid collectors need to expand their horizons

Harry Potter Souvenir 20 Stamp BookA story appeared in the November 18, 2013 edition of The Washington Post that the hard-core stamp collectors, the ones that will buy the products released by the United States Postal Service, are apoplectic about selection of Harry Potter as a subject for a series of stamps.

The objections are two-fold. First, Harry Potter is not American and neither is the author of the series J.K. Rowling. The other reason is that the Postal Service bypassed the Citizens’ Stamp Advisory Committee (CSAC) to make the deal with the various commercial concerns to issue the 20-stamp tribute to the boy wizard.

Unlike the Citizens Coinage Advisory Committee, the CSAC is not mandated by law. It was established in 1957 “to select subjects of broad national interest for recommendation to the Postmaster General that is both interesting and educational.” Apparently, there has been tension between the Postal Service and the CSAC.

Like coin collecting, stamp collecting has been in decline as the awareness and usage of their product declines. Coin collectors can point to the decline in coin collecting following the big start of the 50 State Quarters® program, stamp collectors can point to the growth of email, e-publishing, and electronic stamp capabilities as part of the decline of the postal service. The Postal Service feels it has to do something in order to bring new collectors to buy its goods.

The US Postal Service pays tribute to their own famous error, the Inverted Jenny

The US Postal Service pays tribute to their own famous error, the Inverted Jenny

Unlike the U.S. Mint, whose products are very heavily regulated, the only regulation the Postal Service must meet is the price of postage. Once the postage rates are set, there are no laws or rules that govern how postage is demonstrated on the piece of mail. In fact, the Postal Service can print any stamp they want to honor any person, animal, object, historical incident, and even their own mistakes as they have by producing a tribute to the Inverted Jenny postage stamp, stamp collecting’s most famous error.

The Postal Service has been an independent agency of the federal government since 1971. Their operating expenses largely come from the sale of postage and the collection of duties for cross-border movement of the mail. Other revenues are generated from the sales of collectibles including special sets, first-day covers, and other collectibles. Interesting items sell well including the Elvis Presley stamps which were the Postal Service’s bestseller.

One area of regulation that has hurt the Postal Service was a law passed in 2005 that forced the agency to pre-pay retirement benefits for the next 75-years in a series of very large lump-sum payments. Their inability to meet the obligation and maintain the 75-year cushion has been widely reported causing the agency to lose significant revenues while trying to adhere to this ridiculous statutory requirement. No other agency or company is required to pre-pay 75-years of retirement benefits.

Knowing that they have to generate new revenues, Postmaster General Patrick R. Donahoe was quoted as saying that the Postal Service “needs to change its focus toward stamps that are more commercial.”

In other words, Donahoe recognizes that the organization he leads has to think differently in order to attract new customers.

The reaction from the philately community is almost the same as I would expect from the numismatic community if this was done by the United States Mint.

New Zealand Mint produces Monopoly coins for the Island nation of Niue. Did you pass Go?

New Zealand Mint produces Monopoly coins for the Island nation of Niue. Did you pass Go?

This is not the case everywhere. Although there have been complaints about the Royal Canadian Mint’s expanded catalog, their products are selling and winning awards. Others complain about the blatant commercialism at the New Zealand Mint for partnering with commercial vendors to issue non-circulating legal tender coins with themes from Star Wars, Monopoly, and Dr. Who? Other than being expensive, is there really anything wrong with these offerings?

Next year, the U.S. Mint will issue a curved coin to honor the National Baseball Hall of Fame. While it will be a round coin, the coin will be concave when looking at its obverse. While the closest thing to “different” the U.S. Mint has produced was the 2009 Ultra High Relief Gold Coin, the sales of the Baseball Hall of Fame Commemorative coins may do well because of the theme and they are different.

2007 Somalia Motorcycle Non-circulating Legal Tender Coins

2007 Somalia Motorcycle Non-circulating Legal Tender Coins

If the Baseball Hall of Fame Commemorative coins do sell well, will congress authorize other commemoratives that are not round and flat? Will congress allow the U.S. Mint to produce motorcycle or car-shaped coins? What about coins with commercial themes?

“Harry Potter is not American. It’s foreign, and it’s so blatantly commercial it’s off the charts,” said John Hotchner who was once president of the American Philatelic Society and served on the CSAC for 12 years. Hotchner should be asked about the stamps to commemorate Pixar animation, Disney, and muscle cars. Even though I am a coin collector, I have bought the muscle car commemorative panel along with sheets of motorcycle stamps and a collector book with the stamp of Edgar Allen Poe because I was interested in the theme.

Louis Braille was not American nor did he do his work in America, but congress authorized a commemorative issued in 2009

Louis Braille was not American nor did he do his work in America, but congress authorized a commemorative issued in 2009

Both the U.S. Mint and the United States Postal Service rely on generating collector interest to expand their revenue base. Unlike the U.S. Mint, the Postal Service does not have the benefit of bullion to increase its revenues. If both organizations have to be innovative in order to increase revenues, then it should not be a problem. It is a hobby—collect what you like and like what you collect. If you do not like the collectible, do not add it to your collection.

Coin and stamp collectors have to take their heads out of the past. Stamps are losing to email and coins are losing to credit cards. Neither are going away anytime soon, but if there is to be a future both the U.S. Mint and U.S. Postal Service has to be innovative in order to attract new collectors. While the U.S. Mint is handcuffed by the whims of a dysfunctional congress, the Postal Service can capitalize on one of the most popular books and stories of this generation. If it helps promote stamp collecting and allows them to sell more products, then the Postmaster General should be congratulated for a job well done.

Maybe there is something that can be done to add to the catalog of the U.S. Mint in order to generate more interest. Until then, this muggle will be ordering something from the Harry Potter collectibles offered by the Postal Service for his wife who is a Harry Potter fanatic!

What do you think? Weigh in on the discussion in the comments (below).

Credits

  • All stamp images courtesy of the United States Postal Service.
  • Monopoly coin image courtesy of the New Zealand Mint.
  • Louis Braille Commemorative image courtesy of the U.S. Mint.
  • Somalia motorcycle coin images are courtesy of the author.

The law of unintended consequences

Ancient CoinsFred and Wilma (not their real names) are friends who decided to celebrate their empty nest by taking a trip to the Mediterranean after dropping their youngest child off at college. Fred is what I respectfully call a hacker. He is a wizard programming computers and someone who I go to in order to understand some of the more esoteric aspects of computer exploits he researches. In his spare time, Fred plays with his computers and tinkers with electronics. Fred is also known as an overgrown boy scout. He is contentious about his work, children, and the activities he is involved with. Fred is probably the most honest person I know.

Fred is not a coin collector and has no interest in collecting coins even though he does own the 2004 Thomas Edison commemorative coin and the 2005 Albert Einstein 2 Shekel proof coin from Israel because these are two people he admires. On many occasions, Fred has said that he did not understand what I saw in collecting coins. Even after showing him my original Lincoln cent folder with coins I have found in change dating back to when I started collecting, he did not understand the lure of the chase.

While sitting on a beach along the Mediterranean, Wilma started to dig in the sand around a sleeping Fred to have fun at his expense. After she dug nearly two feet down, Wilma unearthed metal object that she originally thought was trash. After waking Fred and watching him roll into her newly dug hole, Fred brushed himself off and looked at what she found. A trip to the water to rinse off the items to find three ancient coins and a shell. The way it was described to me was that the coins were sitting in the shell as if it were a change holder. They dug some more and found three more coins. To some degree, he began to understand the thrill of the chase.

With the help of the hotel concierge, Fred and Wilma found a coin dealer who spoke English to ask about the coins. After talking with the dealer they found that the coins were common and would only be worth the equivalent of a few dollars. Undeterred, the coins were placed in a small bag and throw in the bottom of their carry on luggage as souvenirs and continued with their vacation.

A few days later, Fred and Wilma packed their bags and went to the airport to return home. At their host country’s departure screening, Fred was asked if there was anything to declare. Fred, being an overgrown boy scout, declared everything—even things he did not have to declare. As the officers were inspecting the items on the table, one picked up the bag with the coins and asked about coins. Fred showed the officer the written estimate from the dealer thinking that would resolve any issue.

According to Fred, the officer took coins and the estimate to another officer he described as having more decorations on his uniform. This higher ranking officer looked at the coins and paper while discussing the situation in their native language. After a moment, Fred became concerned and Wilma became nervous.

Another officer walked over with the higher ranking officer and acted as a translator as it was explained to Fred that the coins were “cultural antiquities” and would be confiscated. Fred was not happy but he accepted the situation until the translator said that Fred and Wilma would be detained while the officials investigated. They were allowed to gather their luggage and were escorted to a nearby room.

After waiting for an hour, another official came into the room and spoke to Fred and Wilma in English. Fred explained how he obtained the coins and why he was taking them home. After the official started questioning them as if they were criminals Fred asked to speak with the United States Embassy.

Fred and Wilma were escorted by local police to two separate facilities to be incarcerated pending an investigation. The facilities were in separate parts of town since these were not co-ed accommodations. They waited two days before seeing anyone other than the guards.

Two days later, both were escorted to a local judge and said they were being charged with trying to smuggle antiquities out of the country. An attorney was appointed to represent them. The attorney did not speak English and only wanted them to plead guilty for a three-year sentence. Thankfully, there was an American in the courtroom who told the attorney that he would contact the U.S. Embassy and not to plead on the case.

The next day, someone from the Embassy was able to have Fred and Wilma released to their custody, recovered their luggage, and let them stay in the embassy while trying to resolve the situation.

Obviously, the embassy accommodations were better than what they had at the local jail. Fred described the embassy staff as very nice including the natives who worked non-diplomatic jobs. Unfortunately, they could not leave the embassy since they were technically under house arrest. Although it was a gilded cage it was still a cage.

It took nine days to resolve the issue which Fred was told was lightning speed for that country. The coins were left in the country they were visiting, which Fred offered to do at the airport when confronted by the officials. They were driven to the airport by a U.S. military driver and escorted to the screening area by a member of the diplomatic staff who ensured their passports were returned and that they were allowed to board the plane.

The plane landed in a more friendly country where Fred and Wilma were met by local and U.S. officials for a debrief. Although the debrief was friendly, it did come after a stressful period in another country and lasted a few hours. Eight hours after landing in London, Fred and Wilma was en route back to the United States.

The country where this incident occurred is allegedly friendly with the United States but that did not stop the officials at the airport from treating them with suspicion over the possession of a few common ancient coins. Based on Fred’s description of the coins, I asked a dealer who said that $20 would be an average retail price for the coins. When asked if Fred wanted to buy similar coins, Fred could not decline fast enough!

I have written several posts about the impact of the Convention on Cultural Property Implementation Act (CPIA; 19 U.S.C. §§ 2601 et seq.) and the potential for foreign countries to use Memoranda of Understanding that the State Department’s Cultural Property Advisory Committee (CPAC) agrees to without considering citizen comments. The CPAC has said that the collateral issues raised by the comments are baseless. Fred can tell them otherwise.

Fred said that the embassy would not answer questions about what happened. Neither did the government officials during their layover in Europe. He was told that they should be thankful that this “only” lasted two weeks because it could have taken two months or even two years to resolve.

Next time the Ancient Coin Collectors Guild (ACCG) asks for assistance in addressing a call for comments from the CPAC regarding a foreign country’s MOU request, please remember the plight of Fred and Wilma. Although their ordeal lasted “only” two weeks, the next person may not be as lucky and find themselves in the jail of a country whose laws are far less humane than the United States.

Image of the ancient coins courtesy of NGC. These are not the coins the story is about.

The Hopi Tribe shows us why we should care

While the State Department’s Cultural Advisory Committee (CPAC) continues to kowtow the the whims of foreign government looking to use the Convention on Cultural Property Implementation Act (CPIA; 19 U.S.C. §§ 2601 et seq.) as some sort of virtual tool to attack the United States, little seems to be said by the foreign archeological supporters when a Paris court ruled for a French auction house allowing them to sell Native American artifacts.

The case involves the sale of 70 artifacts from Arizona’s Hopi Tribe by the Paris auction house Néret-Minet. Hopi tribe members and historians believe that the items were illegally obtained. Representatives from Néret-Minet claim that the items were purchased legally from a collector in the United States.

A visitor looks at antique tribal masks revered as sacred ritual artifacts by a Native American tribe in Arizona which are displayed at an auction house in Paris April 11, 2013. (REUTERS/John Schults)

A visitor looks at antique tribal masks revered as sacred ritual artifacts by a Native American tribe in Arizona which are displayed at an auction house in Paris April 11, 2013. (REUTERS/John Schults)

Following the ruling, Néret-Minet went ahead with the auction. According to The New York Times, the auction generated $1.2 million in sales (with buyer’s premiums). Five of the 70 items did not sell and not sold for less than their estimated value.

According to The New York Times:

Before starting, the auctioneer, Gilles Néret-Minet, told the crowd that the sale had been found by a judge to be perfectly legal, and that the objects were no longer sacred but had become “important works of art.” He added, “In France you cannot just up and seize the property of a person that is lawfully his.”

So let me get this straight, religious objects that are allegedly protected by the same treaties as ancient coins and United States law can be sold as “art objects” while foreign governments confront a dealer on a bourse floor while the State Department does little to protect collectors and those who have legitimate claims?

If France can do this with items of religious and cultural significance to the Hopi tribe, then will happen to the coin collecting hobby? I know some people can take their hobby seriously, but it is not religion. Most countries already have examples of the coins in question, so why are additional examples “culturally significant.” Remember, it was reported that when a dealer was approached in Baltimore by representatives of a foreign government, they were only interested in the more expensive coins and not the common coins from the same country with a lesser value.

The State Department is not doing enough to protect the American people, whether it is to protect what is really culturally significant items like the artifacts from the Hopi tribe or the abuse of international law as demonstrated by the actions of the State Department’s CPAC and the confrontation in Baltimore. This is something that must be addressed by the president!

Please take action!

I renew my request that all of my readers to go to http://wh.gov/MD2O and sign the petition. Share it on social media. I made it easy—just see the widget at the top of the right column. Petitions require 100,000 signatures in order to be answered by the White House. So far there are five signatures (THANK YOU!). Let’s see if we can motivate the coin collecting community to add more before you will not be able to own any foreign coin older than 100 years old!

A French supporter of the Indian cause, who refused to give his name, left, holds a flag of the American Indian Movement and an American exchange student, member of the Arizona's Hopi tribe, Bo Lomahquahu, right, stand outside of the Druout's auction house to protest the auction of Native American Hopi tribe masks in Paris, Friday, April 12, 2013. A contested auction of dozens of Native American tribal masks went ahead Friday afternoon following a Paris court ruling, in spite of appeals for a delay by the Hopi tribe, its supporters including actor Robert Redford, and the U.S. government. (AP Photo/Michel Euler)

A French supporter of the Indian cause, who refused to give his name, left, holds a flag of the American Indian Movement and an American exchange student, member of the Arizona’s Hopi tribe, Bo Lomahquahu, right, stand outside of the Druout’s auction house to protest the auction of Native American Hopi tribe masks in Paris, Friday, April 12, 2013. A contested auction of dozens of Native American tribal masks went ahead Friday afternoon following a Paris court ruling, in spite of appeals for a delay by the Hopi tribe, its supporters including actor Robert Redford, and the U.S. government. (AP Photo/Michel Euler)

Why you should care about restrictions on collecting ancient coins

Ancient Coin Collectors GuildIn a test lawsuit filed by the Ancient Coin Collectors Guild (ACCG), the group sued the federal government over the granting of import restrictions and confiscation of coins that foreign government have declared cultural property. The suit filed by ACCG challenges recent Memorandum of Understanding (MOU) between the State Department and the cultural regulators of Cypress and China under the Convention on Cultural Property. On March 25, 2013, the case that ACCG appealed to the Supreme Court was denied a hearing (petition for certiorari).

Over the last few years, the Coin Collectors Blog has asked readers to sign various petitions and write to the Department of State to stop restrictions on ancient coins. To understand why this is necessary, we have to understand why this is happening.

For a country to request import restrictions and confiscation of cultural property, they are required to send a letter to the State Department asking the United States to enter into an MOU to restrict the import and export of what the asking country considers cultural property as defined by the Convention on the Means of Prohibiting and Preventing the Illicit Import, Export and Transfer of Ownership of Cultural Property 1970, often called the 1970 UNESCO Convention. The purpose of the the treaty was to stop archaeological pillaging and trafficking in cultural property. In other words, it would significantly hamper the career of Indiana Jones.

EID·MAR silver coin commemorating the death of Cæsar on March 15

EID·MAR silver coin commemorating the death of Cæsar on March 15

Although this may sound reasonable, Article 1 paragraph (e) of the treaty defines a category of cultural property as “antiquities more than one hundred years old, such as inscriptions, coins and engraved seals.” This means that any coin minted before 1913 can be considered cultural property and not only be subject to restrictions but confiscated.

Under the Convention on Cultural Property Implementation Act (CPIA; 19 U.S.C. §§ 2601 et seq.), the law passed by congress upon the Senate’s ratification of the treaty in 1983, requests are reviewed by the Cultural Property Advisory Committee (CPAC) in the State Department’s Bureau of Educational and Cultural Affairs. The CPAC authors the MOU based on the input from the requesting country and publishes the results for public comment. By law, the public has 30 days to provide comments on the proposed MOU. However, it appears that it is very rare that the CPAC makes any changes after the end of the comment period.

The MOU undergoes whatever department review is required and then is signed by the Secretary of State on behalf of the president and made part of the policy and rule provisions granted to the Executive Branch by congress (as part of the CPIA).

The original case was filed in a Fourth Circuit Federal Court in Baltimore. In its suit, ACCG claims that the rules agreed to the by CPAC are arbitrary and made by a panel that does not understand how their decisions affect coin collectors. Even though the intent has not to work against ancient coin collectors, governments have used the law to restrict the export of newly discovered ancient to the United States. The court ruled that it did not have standing to change the law since there is no constitutional question. The appellate division of the Fourth Circuit in Richmond confirmed this ruling in October 2012.

ACCG appealed the ruling to the Supreme Court. On March 25, the court denied the ACCG’s petition for hearing. The Supreme Court’s action means that the result of the test case is only binding in the Fourth Circuit (Maryland, North Carolina, South Carolina, Virginia, and West Virginia). In other words, someone has to have been harmed by the results of the law before the courts will agree to hear a case.

Last month, Patrick Heller wrote in Numismatic News that he spoke with a dealer “who had been visited by representatives of a foreign government seeking to confiscate the valuable ancient coins issued by that nation if the dealer could not provide a chain of custody proving that the coins were legally owned before that nation banned the export of ‘national treasures.’” Heller said that the representative were only interested in the more expensive coins and not the common coins from the same country but whose value was much less.

While these issues have mostly affected ancient coin dealers and collectors, some countries have attempted to petition the United States government to make the cut-off date of what is considered cultural property for coins later. In one case, China has suggested that coins from as late as the Qing Dynasty (1644-1912) should be considered cultural property but has not petitioned the CPAC for an update to their MOU with the United States. The problem is that these countries have been trying to exercise their “authority” under the 1970 convention putting U.S. dealers and collectors at disadvantage with the rest of world for political reasons.

If the State Department’s CPAC will not work on behalf of the American people, then collectors must stand up and tell the Obama administration it is time to stop. In fact, I created a petition at the White House website. This petition reads as follows:

we petition the obama administration to:
Protect coin collectors from countries using cultural property to prevent the fair trade of ancient rare coins
Using the Convention on Cultural Property Implementation Act, foreign countries have been asking the State Department’s Cultural Property Advisory Committee to update Memoranda of Understand in such a way that could harm the ancient coin collecting in the United States by declaring coins “Cultural Property” under the 1970 UNESCO convention. The problem is that these countries are only asking the US for restrictions.

In a recent case, a dealer was confronted at a coin show by foreign officials seeking to confiscate expensive ancient coins under a loose interpretation of the law. This is going to harm the small business coin dealers involved.

We the undersigned ask the administration to end the restrictions on the buying and selling of foreign coins mistakenly included in these acts.

Please take action!

I ask all of my readers to go to http://wh.gov/MD2O and sign the petition. And share it on social media. Petitions require 100,000 signatures in order to be answered by the White House. So far there is one signature (mine). Let’s see if we can motivate the coin collecting community to add more before you will not be able to own any foreign coin older than 100 years old!

Logo courtesy of the Ancient Coin Collectors Guild.
Image of the Eid Mar silver coin courtesy of dig4coins.com.

Did You Get Anything Numismatic Related?

As I am looking to pare down my collection to concentrate on a few select areas, I did not have anything on my numismatic wish list. Over the last few months, I have bought books that I will use for research. Otherwise, I have been just keeping up with the latest releases and not worrying about the holes in the parts of the collection I will be keeping.

00-QingDynastyBut that does not mean I did not receive a numismatic gift. Although it was not a holiday gift, a friend went to China and found a set called Qing Dynasty 12 emperors. The set contains 12 medals representing the Qing (pronounced as Ching) Dynasty that ruled China from 1616 through 1911. The set covers six pages with two medals per page. Each depicts a different emperor with their clan’s name around the top edge, their name to the right of their image, and the years of their reign below the image. All of the lettering is in Traditional Chinese. The reverse on all of the medals features the dynasty emblem that was used on the flag during the time the dynasty was in power.

Each of the medals are on a sealed plastic page with a paper insert that has an image of the emperor, his name, clan name, when he ruled, and a brief paragraph about him. On the front, the information is in Traditional Chinese, the reverse is in English. All of emperor images are drawings except for the last one, Xuantong Emperor, who abdicated in February 1912.

If you want to know more about the Qing Dynasty, you can read this page that is not pretty but uses the medal images as part of its explanation.

Based on the information I can find, the medals are 38 millimeters in diameter (1½ inches). I found a few references that they are made from silver, but I am not sure. From what I can tell by looking at the color and the weight of the medals, without cutting into the sealed pages, they may be made from a copper-nickel alloy. I do not think they are made from silver or silver-plated. But it is a very cool set and it was nice of my friend to think of me while she vacationed so far from home!

Which brings me to this week’s poll: Did you get anything numismatic-related for whatever holiday you celebrated?

Did you receive a numismatic-related gift this holiday season?

Yes I did and it was something I really wanted. (42%, 11 Votes)
I did not but I bought myself my own numismatic gift. (38%, 10 Votes)
Yes I did but it wasn't something on my want list. (8%, 2 Votes)
I did not but I did not have a numismatic gift on my list. (8%, 2 Votes)
I did not... maybe next year or for my birthday. (4%, 1 Votes)

Total Voters: 26

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In the mean time, here are images of my Qing Dynasty 12 Emperors set.

A Small Find From France

A 2012 one Euro cent pocket change find from France next to a 2012 Lincoln cent.

Somewhere in my travels I received a 2012 one Euro cent coin from France. It is interesting how this coin made it into change here in the United States unless someone was really not paying attention since the Euro cent coin is smaller than our Lincoln cent. Although both are copper coated, our Lincoln cent is 19.05 mm (.75 inches) in diameter while the standard Euro cent is 16.25 mm (.639 inches). The Lincoln cent is also heavier at 2.5 grams made of copper-plated zinc with 2.5-percent being copper. The Euro cent is copper-plated steel weighing in at 2.27 grams where 5.65-percent is copper.

After doing an online search, I found that this is a 2012 coin from France.

As with all Euro coins, the reverse or common side depicts the same common Euro cent design that every country in the European Union uses and has used since Euro coins and currency were issued in 2002.

Le Triomphe de la République by sculptor Aimé-Jules Dalou at Place de la Nation in Paris features Marianne, the national emblem of France.

On the reverse, or national side, the coin features Marianne, the national emblem of France and an allegorical figure of Liberty and Reason. Marianne symbolizes “Le Triomphe de la République” (Triumph of the Republic), a bronze sculpture that overlooks the Place de la Nation in Paris. Marianne embodies the desire for a sound and lasting Europe.

To the right of Marianne are the letters “R” and “F” for the République Française (French Republic). The design is surrounded by 12 stars symbolizing the the 12 nations in the European Union at the time of the design. It was designed by Fabienne Courtiade, an engraver from Monnaie de Paris (Paris Mint) whose name appears as “F COURTIADE” between the fourth and fifth star (assuming clock-like positions). This design is used on France’s one, two, and five Euro cent coins—all copper-plated steel coins.

If nothing else, I am a little ahead of the game since the coin is worth 1.3-cents at the current exchange rate. I hope you had a good Thanksgiving.

Image of the statue “The Triumph of the Republic” courtesy of Wikimedia Commons.

About Foreign Coin Production by the U.S. Mint

For over 80 years since its founding, the U.S. Mint worked to increase production for it to be the sole supplier of coins for the young country. During that time, foreign coins, specifically the Spanish Milled Dollar (8 Real silver coin) was legal tender and served daily commerce. Congress revoked their legal tender status with the passage of the Coinage Act of 1857 making the U.S. Mint the sole supplier of coins in the United States.

Although the U.S. Mint was supposed to be building to supply the country with coins, it was taking on contract minting since it was the only entity with the ability to strike high quality medals. The first record of producing medals for someone other than the government was in 1833 for the American Colonization Society, a group whose purpose was to transport free-born blacks and emancipated slaves back to Africa and settle what today is known as Liberia.

Congress authorized the U.S. Mint to strike circulating coinage for foreign governments with the passage of the Act of January 29, 1874, “Provided, That the manufacture of such coin shall not interfere with the required coinage of the United States.”

The first legal tender coins produced for a foreign government was struck at Philadelphia for the Venezuelan government in 1875-1876 dated 1876-1877. The last circulating foreign coins were struck for Panama in 1983 when congress revoked the authorization because it began to interfere with domestic coin production.

The last time a coin was struck for a foreign country was in 2000 when the Leif Ericson commemorative silver coins were produced for domestic sales and for Iceland. The Iceland coin was struck with a face value of 1,000 Krónur.

Between the first coins struck for Venezuela and the Leif Ericson Commemorative Coin for Iceland, the U.S. Mint produced 1,127 coin types, not including varieties, for 43 countries. Coins were produced in gold, varied fineness of silver, bronze, brass, copper-nickel, nickel, steel, aluminum, and steel. Foreign coins were produced at Philadelphia, Denver, San Francisco, New Orleans, West Point, and Manila.

After the Philippines became a colony of the United States, the U.S. Mint established a branch mint in Manila in 1920. It is the only branch mint outside of the continental United States. Coins struck in Manila used the “M” mintmark making it the first foreign coin produced with a U.S. mintmark. The first foreign coins struck with a mintmark from one of the continental U.S. branch mints was the “P” that appeared on four different foreign coins in 1941. However, these were not the first time a foreign coin was identified as being struck in Philadelphia. In 1895, the word “PHILADELPHIA” was incorporated into the design of the reverse on the Ecuadorian 2 decimos coin.

 

2012 Coin of the Year Category Winners

On Monday, Krause Publications announce the winners of the 2012 Coin of the Year Awards. From these winners, judges will select an overall Coin of the Year winner which will be announced February 4, 2012, at the World Money Fair in Berlin, Germany. Voting for the People’s Choice Award will begin in early January with the winner also announced at the World Money Fair.

Krause reports that 95 coins issued in 2010 were nominated early in 2011 for consideration. The category winners are:

For the second year in a row, no coin from the U.S. Mint was selected for any category.

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