Weekly World Numismatic News for July 10, 2022
This past week, I had an email conversation with a reader and collector from the United Kingdom that started with a conversation about the Women on Quarters and Innovative Dollar programs. In one of the emails, I was asked why the dollar coin was not generating interest.
The simple answer is that the dollar coin does not circulate.
My correspondent asked why the United States strikes a circulating coin that does not circulate? My response, “because it is the law, ” did not satisfy my correspondent because the U.S. also prints a paper dollar. Why do both?
Good question. Why does the United States do both?
There are several reasons, but the main driver is politics. For many years, Ted Kennedy, the powerful senator from Massachusetts, protected the interest of Crane and Company, the manufacturer of U.S. currency paper. On the other side, politicians interested in manipulating people against the government convinced them taking the paper dollar away would weigh them down.
In response, my friend from across the pond said it did not make sense while pointing out that many countries successfully dropped paper for coinage.
The arguments become a religious war whenever the paper versus coin discussion surfaces. I had no answers as to why. Some day, we may resolve this debate, but it is not going to happen today.
And now the news…
July 4, 2022
→ Read more at venturejolt.com
July 7, 2022 → Read more at collectspace.com
Weekly World Numismatic News for January 23, 2022
(Image courtesy of The U.S. Sun)
The tradition continues on the Internet. Instead of Yellow Journalism, it is called clickbait. In the old days, editors used the headlines to sell newspapers so readers could see the advertising. Today, the headline writers want you to click the links to display advertising. It is the same principles even though the medium is different.
Some people do not like overly dramatic headlines and avoid those links. But there is one set of numismatic-related stories whose headlines you should not ignore.
The Sun is a UK-based tabloid newspaper owned by Ruppert Murdock. While the newspaper is known for yellow and tabloid journalism, the paper has well-written stories that are not sensational or salacious. With the power of the Internet, they brought The Sun to the U.S. using the same formula to get page impressions.
One of the story formulas The U.S. Sun uses is to lure readers is to watch eBay coin auctions as a basis to write about different coins. Once they find something interesting, the articles produced are well written, informative, and readable to the average collector.
A good example is the “PRETTY PENNY Rare Lincoln penny with wax filled die sells for $122 – see if you have one in your wallet“ is a headline that seems like clickbait. But if you read the article, it explains the issues with the filled die, looks at other research into the date and error and talks about what to look for when searching pocket change.
A journalist explained that these are formula stories. A formula story is written based on a publisher-defined style so that any writer can fill in the details and maintain standards. Writers who earn their pay by the story will create story formulas to publish as many stories as possible.
Given The U.S. Sun‘s ability to publish well-written stories about the coins they cover makes it an excellent educational read for all coin collectors regardless of knowledge level. Follow @coinsblog on Twitter for when I find these stories.
And now the news…
January 17, 2022 → Read more at vervetimes.com
January 19, 2022 → Read more at nymag.com
January 20, 2022 → Read more at smithsonianmag.com
January 21, 2022 → Read more at bbntimes.com
January 21, 2022 → Read more at nytimes.com
January 23, 2022 → Read more at the-sun.com
What 2022 Coins are you Collecting?
2022 Maya Angelou Quarter
They also announced that they began to ship the first coins in the American Women Quarters Program. The first quarter honors Maya Angelou. Angelou was a writer, performer, and social activist who rose to prominence by the publishing of her autobiography I Know Why the Caged Bird Sings in 1969.
These releases are only the beginning. The U.S. Mint will be releasing four additional quarters, American Innovation Dollars, American Eagle coins, the National Purple Heart Hall of Honor Commemorative Coins, and others. Do not forget about the continuing of the Morgan and Peace Dollar programs.
With all of the new releases available, I ask…
What 2022 US Mint coins are you going to add to your collection?
Total Voters: 35
Loading ...Weekly World Numismatic News for January 16, 2022
The late Harvey G. Stack and Muriel Eymery, both inspirations in numismatics
Although they were of different ages, Stack and Eymery had similar philosophies. Both wanted to bring advancement to the hobby by expanding what people collected. Stack was one of the people who advocated for the 50 State Quarters program, and Eymery was an advocate for international collecting for collectors from all over the world.
It was not enough for both to look beyond their primary interests. Stack could have made a good living from his New York City store selling rare coins, holding auctions, and serving a high-end community without being involved in areas that would help the average collector. Eymery took her passion and made a career in several countries, including the United States and Hong Kong. She became an ANA Governor overcoming xenophobia because she spoke with an accent even though she was a U.S. citizen.
Both stepped beyond their comfort zone to help the hobby and should be role models for all of us. Stack and Eymery went beyond their self-interests to grow the hobby. They had their business interests, but they could think beyond an alleged correct way to collect for the sake of the hobby.
What will your legacy be? Are you going to leave the hobby static or grow it by creating a legacy that collecting is fun and does not have to be limited by plastic-encased coins or printed albums? Or will you embrace everything that the hobby offers, including areas you do not collect?
For the memory of Harvey Stack and Muriel Eymery, we should commit to leaving a legacy of progress and inclusion in the hobby that all of us want to grow and thrive.
And now the news…
January 11, 2022 → Read more at spokesman-recorder.com
January 13, 2022 → Read more at marketwatch.com
January 14, 2022 → Read more at theday.com
January 14, 2022 → Read more at bbc.com
January 14, 2022 → Read more at cnn.com
The passing of Muriel Eymery, former ANA Governor
The numismatic community lost a bright young star with the announcement that Muriel Eymery died this week. Eymery served as an ANA Governor from 2019-2021.
Eymery advocated expanding numismatics worldwide as a member of the Board of Governors and in her career. Eymery worked for Spink and Sons and was Vice President of International Business Development at PCGS. She also worked for the French Mint that taught her the global market dynamics.
While considering running for the Board of Governors in 2021, I spoke with Eymery about our shared ideas about the hobby. We found a common interest in expanding numismatics beyond the basics to include the world community and other collectibles. Eymery was a bright light in the future of the numismatic community.
Stan Chu of Boston Rare Coins and Collectibles wrote on Facebook that Eymery’s sister Carol said that Muriel had battled lung cancer for the last six months. She “passed away peacefully and painlessly in her [sister’s] arms.”
As a memorial to Muriel Eymery, I will make made a donation in her memory to the ANA. Please consider doing the same.
Weekly World Numismatic News for January 9, 2022
Royal Canadian Mint’s Mental Heath Medal and Magnet Set (Royal Canadian Mint Image)
The Royal Canadian Mint has released its precious metals variation on the Maple Leaf but has issued a commemorative Metal and Magnet set promoting Mental Health. Proceeds from the sale of the set will be donated to Kids Health Phone, a 24-hour support service for Canadian children.
The Perth Mint, New Zealand Mint, and the Pobjoy Mint announced several non-circulating legal tender coins that will upset traditionalist collectors.
With the American Women Quarters program, there should be a lot of exciting coins to collect.
And now the news…
January 6, 2022 → Read more at africa.cgtn.com
January 7, 2022 → Read more at space.com
January 7, 2022 → Read more at kitco.com
January 7, 2022 → Read more at wallstreetwindow.com
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