Dec 20, 2020 | markets, news, shows
As 2020 rages to a close, the damage on the numismatic world will carry over in 2021. This week, the American Numismatic Association announced the National Money Show’s cancellation scheduled for March in Phoenix. Earlier in the week, the February Long Beach Expo was canceled.
Previously, the January Florida United Numismatists (FUN) Show and the New York International Numismatic Convention. The Berlin Money Fair has canceled in-person events and will offer a virtual convention.
The U.S. Mint canceled coin launch ceremonies for the 2020 and 2021 America the Beautiful Quarters and American Innovation Dollars. Most are now virtual events.
The numismatic market appears strong based on the prices realized by the auction companies. With every auction company moving their auction online, many report better than expected returns from their auctions. Online auction services like eBay and HiBid report strong sales of numismatics across their platforms. Finally, the U.S. Mint is also boasting of enthusiastic demand, even with its online ordering system’s failures.
Other areas that are showing significant interest are where numismatics are including as part of other hobbies. The most significant growth is with the mints that are producing coins supporting the comic book industry. Some overseas observers report that sales of comic-themed coins produced by the New Zealand and Royal Australian Mints have shown increased sales as part of the holiday shopping season.
The numismatic industry appears to be doing very well. Too bad the numismatic organizations have not figured out a way to reinvent themselves to adapt to the current environment.
And now the news…
December 11, 2020
December 11, 2020
A design by student Ymen Riahi, who attends St Nicholas Middle School in Rabat, was chosen for the last of a series of five €2 coins from the ‘From Children in Solidarity’ programme. The €2 commemorative coin will be issued on 14 December 2020 by the Central Bank of Malta.
→ Read more at
newsbook.com.mt
December 14, 2020
Life as we know it may have ground to a halt in 2020, but treasure hunters appear to be going about business as usual. Witness the UK, where amateur archeologists have turned up thousands of gold coins and other antiquities since the start of the pandemic.
→ Read more at
robbreport.com
December 14, 2020
Half of all consumers believe that cash should be withdrawn from circulation in the next 10 years.
→ Read more at
irishexaminer.com
December 15, 2020
COLUMBUS, Ohio (AP) — A former deep-sea treasure hunter is about to mark his fifth year in jail for refusing to disclose the whereabouts of 500 missing coins made from gold found in an historic shipwreck.
→ Read more at
timesleaderonline.com
December 16, 2020
Berlin police raided homes and jewelry shops Wednesday on suspicion they could be connected to efforts to fence a massive 100-kilogram Canadian gold coin — piece by piece — that was stolen from a museum in the German capital.
→ Read more at
ctvnews.ca
Dec 16, 2020 | ANA, news, shows
In a meeting this afternoon, the American Numismatic Association Board of Governors voted to cancel the National Money Show that was to be held in Phoenix, Arizona.
The vote was 7-2 with President Steve Ellsworth and Governor Mary Lynn Garrett voting against the measure.
The ANA has not made an official announcement pending discussions with the Phoenix Convention Center. The Board discussed the potential to schedule a future show in Phoenix.
This is breaking news. More to come…
Sep 1, 2020 | review, shows
This past weekend, the Newman Numismatic Portal (NNP) sponsored the NNP Symposium. For three days, NNP used Zoom to facilitate 38 sessions about different aspects of numismatics. The topics covered everything from U.S. and foreign numismatics to discussions about the industry. The Numismatic Bibliomania Society held its Annual Meeting via Zoom, and Matt Dinger & Mike Nottelmann did a live version of The Coin Show. After listening to them for a while, I now see what they look like — I do not know if that is a good or bad thing.
I was able to attend several of the sessions and deliver one of my own. Every session I attended was interesting and informative. The only complaint I had was that I could not attend every session. However, the NNP recorded each session and will be making them available online.
If you wanted to attend the symposium, you had to register to receive the Zoom credentials. There was no cost to register and no restrictions on the device you used. I attended the session before mine, presented by Doug Mudd, using my iPad. Since he went a little long, I was able to log into my session on my computer while watching the end of Doug’s on my iPad.
The entire numismatic community must commend the NNP and Lianna Spurrier, who coordinated the online event. Spurrier did the call for speakers, training sessions with the speakers, and probably a lot more behind the scenes we did not see.
As a member of the Numismatic Literary Guild, if there is an award for excellence in facilitating education, please allow me to nominate Spurrier for the award.
The NNP Symposium came due to an unusual set of circumstances that has seen the ANA’s Summer Seminar and every major coin show canceled. The NNP hit a homerun with its effort. The symposium was such a success that I hope the NNP makes this an annual event.
Aug 30, 2020 | ancient, coins, news, shows
Hoard of 9th Century Gold Dinars found during an excavation in Israel (Credit: Robert Kool/Israel Antiquities Authority via CNN)
The jar of coins found consists of 425 24-karat gold coins weighing 845 grams (1.86 pounds). Most of the coins are cut to that were once used as change.
The Israel Antiquities Authority (IAA) says that the area was under the rule of the Abbasid Caliphate. Their rule spread from modern-day Algeria in the east to Afghanistan in the west from 750–953 when Shia opponents overthrow the caliphate. There were many successors to the Abbasid Caliphate. They joined together in 1157 to create a cooperative empire that was eventually overthrown by 1258 by Mongol forces.
Finding a hoard of gold coins and the surrounding artifacts will help archeologists learn more about the region’s commerce. Once again, numismatics helps scientists better understand our history.
The following video from the IAA talks about the project and finding the coins.
The other news is the conclusion of what was a successful Newman Numismatic Portal Symposium 2020. The symposium, held online using Zoom, had several interesting speakers and presentations. Although NNP has yet to publish its final statistics, the sessions I attended were well done and seemed to be well attended.
My session, “How to Identify a Potential Scammer BEFORE Buying Coins Online,” was attended by more than 60 people and generated about a dozen questions. It was a great experience.
I will have more to say about the NNP Symposium in the next few days.
And now the news…
August 24, 2020
Two Israeli teenagers on summer break unearthed a trove of hundreds of gold coins that date from 1,100 years ago.
→ Read more at
edition.cnn.com
August 26, 2020
Are you looking for ways to tell if your silver is authentic?—the “real McCoy”? There are several ways you can determine whether your silver is real. In fact, some of the best silver test methods are quite easy and can be done right at home.
→ Read more at
gainesvillecoins.com
August 28, 2020
On October 15, 1794, Henry Voigt, the Chief Coiner of the United States, hurried nearly 2,000 silver coins to the desk of David Rittenhouse, the Director of the United States Mint. That day marked a milestone in the making of a country: Two years after Alexander Hamilton established the Mint under President George Washington, the first dollars had been minted.
→ Read more at
atlasobscura.com
August 28, 2020
Oleksandr Alfyorov / Facebook
→ Read more at
unian.info
August 28, 2020
Somebody stole a very pricey potty last year from the restroom of a palace in England. But the police still don’t know who did it and have been trying to find out ever since. “The toilet is still missing,” a Thames Valley Police spokesman confirmed to USA TODAY Aug.
→ Read more at
usatoday.com
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Aug 24, 2020 | news, shows
On August 28-30, 2020, the Newman Numismatic Portal is hosting the virtual NNP Symposium 2020. The symposium will be presentations by numismatists from around the world delivered online and for free.
Think of it as a weekend of Money Talks seminars delivered online so that you can participate anywhere. All you need is an Internet connection and Zoom. To attend a session, download the appropriate Zoom client for your computer or mobile device, register online, receive the access information (which is why you have to register), and attend.
Registration is for the entire conference, not an individual session. You can attend any session at any time without registering again.
Each session is one hour. The presenter will deliver their talk in 30-45 minutes, leaving time for questions.
If you miss a session or cannot attend, the people at NNP will record the sessions and make them available online. The only difference is that you will not be able to ask a question in real-time.
Finally, suppose you want to know what I look at to determine whether a website is potentially going to sell you counterfeit coins. You can attend “How to Identify a Potential Scammer BEFORE Buying Coins Online.” Check your registration listing for the time and access information.
And now the news…
August 18, 2020
Myrna Pokiak, an Inuvialuk artist in the N.W.T., designed the new N.W.T coin celebrating 150 years of joining confederation. (CBC)
→ Read more at
cbc.ca
August 18, 2020
© DC Thomson Gary Pirie with some Commonwealth Commemorative coins from his collection. Collecting coins has been a life mission for 52-year-old Gary Pirie who started with a half crown at the tender age of nine.
→ Read more at
eveningtelegraph.co.uk
August 21, 2020
(Kitco News) – With gold prices finding strong resistance around $2,000 an ounce the market has become a two-way street and the price action could be fairly volatile as short-term sentiment continues to drop, according to the latest results of the Kitco News Weekly Gold Survey.
→ Read more at
kitco.com
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Aug 16, 2020 | Baltimore, commentary, news, shows
Whitman canceled the November show in Baltimore because the city continues to use the convention center as a staging area for COVID-19 emergencies. Although the number of cases in the Baltimore area has decreased, city and state health officials warn of a spike that will require the use of the convention center.
Nearly every health expert, including the Centers for Disease Control and Prevention (CDC) located in Atlanta, has issued warnings of a second wave combined with the seasonal flu will cause a significant public health risk. Rather than cancel the show, Whitman Expo manager Lori Kraft said that they are “working on an alternate show venue.”
This past week, the Virginia Numismatic Association (VNA) canceled its annual show scheduled for September. They hold their show in Fredericksburg, Virginia, about 50 miles south of Washington, D.C.
The Pennsylvania Association of Numismatists (PAN) hopes that the Monroeville Convention Center (outside of Pittsburgh) will be able to hold their Fall Show at the end of October. Currently, the venue is restricting events to those with 25 attendees or fewer.
States in the northeast continue to have restrictions similar to those in Pennsylvania. Going east to Illinois has similar issues.
If Whitman keeps the show on the east coast, the only place left for them is in Georgia, where they are located. As much as it pains this University of Georgia alumnus to admit, the fellow alum that sits in the state governor’s office has made Georgians’ health and safety a source of political tension.
The year is more than half-over, and the infection is getting worse. Virus hot spots have moved out of the northeast into states where health and safety have been politicized, including Georgia. Leaders are not listening to the medical community, and people are paying with their health and lives.
It is time to admit that 2020 is a lost year. It is time for everyone to adapt to what we have today and plan for the future. It is time for Whitman to cancel the Expo for 2020.
Plan now for a better future when it is (hopefully) safer.
Everyone please stay safe and healthy!
And now the news…
August 10, 2020
Staff at the North Carolina Aquarium at Pine Knoll Shores turned off a 30-foot waterfall and collected all the coins visitors had thrown into the water to make wishes. After cleaning the money, they'll put it toward the aquarium's expenses.
→ Read more at
npr.org
August 10, 2020
Gold Last Tuesday somebody told Gold buyers that it’s normally hot in the month of August. Then the Gold price broke above the key $2,000 resistance level and it kept on going.
→ Read more at
kitco.com
August 11, 2020
The Museum of West Bohemia in Plzeň has announced the discovery of hundreds of silver and gold coins from the 14th century. The treasure, unearthed in a forest near the Kladruby Monastery in the region of Tachov, is believed to be one of the biggest troves of gold coins unearthed on the territory of the Czech Republic.
→ Read more at
english.radio.cz
August 12, 2020
Gold is hot. Record-breaking prices and demand for gold bullion have thrust the yellow metal back into the media spotlight.
→ Read more at
energyandcapital.com
August 12, 2020
Anti-National Socialism political activist and student Sophie Scholl will be commemorated on a special coin, said the German Finance Ministry on Wednesday. The €20 ($23) sterling silver collectors coin will be issued in April 2021, timed to coincide with Scholl's birthday.
→ Read more at
dw.com
August 13, 2020
I heard about the coin shortage on the news. Maybe it's from people wishing 2020 will be over. OK, all jokes aside, it turns out to be just a disruption in coin circulation.
→ Read more at
marshfieldmail.com
Jul 15, 2020 | ANA, news, shows
According to a source, the American Numismatic Association Board of Governors voted to hold the 2023 World’s Fair of Money in Pittsburgh. As part of the selection, the “ANA will be seeking a better deal from the venue than they got in 2020.” If they do not get a better deal, the source interpreted the discussion that the ANA will look elsewhere.
The vote was 7-2 in favor of the decision. President Steve Ellsworth and Governor Mary Lynn Garrett voted against the measure. Both believe that the show should exclusively be in Rosemont.
I have come out against holding the ANA premiere show in one location. Moving it around the country will help reach more people and include its educational agenda in more places. While I love Chicago and have friends in the Chicagoland area, moving the show is in the best interest of the ANA.
For a hobby that is not seeing growth and is having difficulties with diversity amongst its membership, having a traveling show should be an invitation to potential members.
I am still holding out hope for holding the World’s Fair of Money in Washington, D.C. While there have been roadblocks in the past, the environment for making the District more welcoming to the ANA a possibility. I have a few ideas to welcome minority communities to introduce them to numismatics. It would work well in the Washington community.
With all due respect to Ellsworth and Garrett, you miss out on an opportunity to reach out to potential new members. You have to look beyond your self-interests and work for the good of the association!
Jun 22, 2020 | coins, news, shows
What is likely the first coin show to scheduled since the shutdowns for the COVID-19 pandemic was approved this week. The Vegas Pop Up Coin Show will be held on July 2-5 at the Palace Station Hotel and Casino.
According to the announcement, the show will have only 15 dealers and no more than 25 people staffing dealer tables. The dealers will occupy 24-foot booths to ensure that there is a six-foot distance between people.
Organizers will control the entry to ensure that no more than 50 people are in the room at the same time. All of these measures comply with Nevada’s social distancing regulations.
The organizer appears to have gone to great lengths to organize a coin show and meet the health requirements of the time. If there are any Coin Collectors Blog readers attend this show, I would be happy to post your report. Just contact me with your information.
And now the news…
June 16, 2020
Kazan Federal University Kazan Federal University, Joint Institute for Nuclear Research (Dubna, Russia), and Khalikov Institute of Archeology (Tatarstan Academy of Sciences, Kazan, Russia) are working together to study the physical properties of the coins found on the territory of former Volga Bulgaria.
→ Read more at
phys.org
June 16, 2020
The cashier at WHSmith clears his throat to make sure Diane von Kesmark, 72, can hear him. 'It's hygiene, madam,' he tells her, emphatically. But he is not referring to the transparent plastic shield separating customers from the till, nor the latex gloves he is wearing to handle goods.
→ Read more at
thisismoney.co.uk
June 19, 2020
Palace Station is bringing in the Vegas Pop Up Coin Show — an in-person convention that will set up 15 dealers in an area that usually has 80 exhibitors.
→ Read more at
8newsnow.com
June 20, 2020
VILNIUS (Reuters) – Lithuania began minting a collector's coin, dubbed a "coin of hope", on Wednesday to mark the year of the new coronavirus and pay tribute to doctors, nurses and others who helped the country weather the pandemic.
→ Read more at
news.yahoo.com
June 20, 2020
“The flow of coins through the economy has gotten all — it’s kind of stopped," Fed Chair Jerome H. Powell said Wednesday. (Mike Blake/Reuters)
→ Read more at
washingtonpost.com
June 20, 2020
Gold has been a highly sought after asset in 2020, with the yellow metal rising by more than 15% in the first five months of the year. Now trading at just below AUD 2,500 per ounce, gold has strongly outperformed most traditional assets including shares, property and term deposits, with this outperformance dating back to early 2000s.
→ Read more at
themarketherald.com.au
Jun 17, 2020 | ANA, commentary, shows
The ANA announced today that the 2020 World’s Fair of Money scheduled for August in Pittsburgh has been “Suspended.” The announcement recognized that the “Current State of Pennsylvania guidelines restrict indoor gatherings to a maximum of 250 people at any one time.”
Of course, I noted that almost three weeks ago, but who listens to me.
By suspension, this means that the ANA will scurry around and try to do something. Like the “something” that is planned for the virtual Summar Seminar, it is so much less than what it could be.
For years, I have been pushing for the broadcasting of the events from the show. I have been saying that the use of video can be a great recruiting tool. A few have even suggested doing a virtual bourse. Although I have not advocated one, I think I have an idea as to how to implement this.
All that is needed is the hardware and services to do this.
All that the ANA needed is for the current president to continue the efforts of the past. But that would require a president with an open mind who thought better of the ANA and its members.
The actions taken by the ANA president and Board of Governors show that they are not leaders. Leaders are proactive in the organization’s best interest. If you are reactive, then you are not a leader. Or as it was once said, you are leading from behind.
I wish the ANA was more proactive with the modern needs of a collecting public. As it is said, elections have their consequences. Rather than having the leadership the ANA needs (with all due respect to Joseph de Maistre), the association has the leadership it deserves.
Mar 9, 2020 | commentary, news, shows
Much of the news this week was by media outlets announcing local coin shows.
While the big shows are delightful, local coin shows can be more fun. Smaller shows do not attract the type of crowd that you will see in a larger venue, like a convention center. Fewer people go to these local shows making it a more relaxed atmosphere.
Behind the tables at these shows are local dealers, some who may not be able to afford to set up at national shows. These are your neighbors. They are the ones you can go to for information and help you find that hard to find or intriguing coin.
The relaxed atmosphere of the small show makes it an excellent time to talk with everyone about collecting.
I will try to visit the Whitman Baltimore Expo in two weeks and the World’s Fair of Money in August. Between now and then, you might find me a few local shows in Maryland and Northern Virginia. Go check out a local show. You’ll be glad you did!
And now the news…
March 3, 2020
Maurice Jackson of Proven and Probable sits down with Andy Schectman, president of Miles Franklin Precious Metals Investments, to talk about ways to invest in precious metals. Maurice Jackson: Today we will discuss the merits of owning government minted coins versus private minted coins.
→ Read more at
streetwisereports.com
March 6, 2020
A hoard of coins has been uncovered at a famous temple in southern India. Hundreds of gold coins were unearthed in a pot that could date back over a millennium, to when this area was part of the mighty Chola dynasty .
→ Read more at
ancient-origins.net
March 6, 2020
POMEROY — The Meigs County Library in Pomeroy was the venue for a coin show presented by the OH-Kan Coin Club on Saturday which featured Bob Graham’s coin collection and some of his recent photo acquisitions.
→ Read more at
mydailytribune.com
As 2020 rages to a close, the damage on the numismatic world will carry over in 2021. This week, the American Numismatic Association announced the National Money Show’s cancellation scheduled for March in Phoenix. Earlier in the week, the February Long Beach Expo was canceled.
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