Weekly World Numismatic News for January 9, 2022

Royal Canadian Mint’s Mental Heath Medal and Magnet Set (Royal Canadian Mint Image)

Mints all over the world are releasing new coins. The U.S. Mint opened the sale of the Negro Leagues Commemorative coins. Across the pond, the Royal Mint announced the coins they would issue in honor of Queen Elizabeth II’s Platinum Jubilee. She is the longest-reigning monarch in British history. The world’s longest-reigning monarch is Louis XIV of France (over 72 years).

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
Combo photo shows an ancient coin seized at Cairo International Airport in Cairo, Egypt, on Jan. 5, 2022. Egypt’s archeological unit and the police at Cairo International Airport seized on Wednesday nine ancient coins and a yellow copper-made candlestick, which a passenger attempted to smuggle abroad.  → Read more at africa.cgtn.com

 January 7, 2022
The Astronauts Memorial Foundation is now selling coin sets signed by members of the last Hubble Space Telescope servicing mission, STS-125 in 2009  → Read more at space.com

 January 7, 2022
Welcome to Kitco News' 2022 outlook series. The new year will be filled with uncertainty as the Federal Reserve looks to pivot and tighten its monetary policies. At the same time, the inflation threat continues to grow, which means real rates will remain in low to negative territory.  → Read more at kitco.com

 January 7, 2022
Among those who support the end of government fiat money, it’s not uncommon to hear and see claims that gold is “the best money” or “natural money” or the only substance that’s really suited to be commodity money.  → Read more at wallstreetwindow.com
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August 2019 Numismatic Legislation Review

Seal of the United States CongressLike many here in Washington, Congress goes on vacation in August. They usually adjourn the last full week in July and return right after Labor Day. The August vacation has been an ongoing fact of Congress since the 1950s.

Like the rest of our lives, Congress has found ways of replacing paper-based processes with an online equivalent. One of those areas is when a member wants to submit a bill. Rather than typing it on paper and dropping it into a physical hopper, the member creates an electronic version of the bill and submits it to the clerk of their respective chambers.

In August, Sen. Catherine Cortez Masto (D-NV) did that by submitting the Women’s History and Nineteenth Amendment Centennial Quarter Dollar Coin Program Act (S.2427). If passed, the bill will success the America the Beautiful Quarter Dollar Program to honor historical women on U.S. quarters.

S. 2427: Women’s History and Nineteenth Amendment Centennial Quarter Dollar Coin Program Act
Sponsor: Sen. Catherine Cortez masto (D-NV)
Introduced: August 1, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. — Aug 1, 2019
This bill can be tracked at http://bit.ly/116-S2427.

In July, the Senate passed the Christa McAuliffe Commemorative Coin Act (S.239), and in June, they passed the Women’s Suffrage Centennial Commemorative Coin Act (S.1235). Both bills remain held at the desk in the House of Representative because of an objection.

Previously, a source said that a freshman member of the House made the objection based on constitutional grounds. Another source claims the constitutional argument is being used to mask other political reasons. The source said that if the Senate wants to block bills passed by the House, then the House was going to do the same to the Senate.

In other words, tantrums on both sides of the Capital continues to cause gridlock on the most mundane legislation. Your government at work.

Weekly World Numismatic Newsletter for September 1, 2019

Token for a free bottle of Coca-Cola in 1915-16

While perusing the news for numismatic-related stories, some of the searches tend to find letters to the editors from people who tell a part of their collecting stories. This week, I came across a letter from a collector in the outer suburbs of the Chicago area.

Gregory Martin wrote to the editor for KendallCountyNOW.com that he would ” like to bring to mind the concept of starting your young ones on starting a coin collection.”

In three of the four paragraphs, Martin shows his passion for both collecting and how it relates to history. He mentions the 3-cent nickel and the 1943 steel cents as gateways into understanding what was happening in our country’s history.

Martin may have touched on something that today’s teachers can use to explain history. For example, the story of westward expansion was more about economics than exploration. People left the east for better opportunities, to find gold, discover silver, or for 40 acres and a mule. These stories can be taught using the money of the times.

As collectors, we know about fractional currency, postage stamp money, and why arrows periodically appear on minor coinage of the time. However, using these tangible items as props, a teacher can explain the history and show the results by using the money of the time.

Every coin, currency, and token is a reflection of the times when and where produced. A teacher can use the history of the San Francisco Mint to teach about the Gold Rush and the Great Earthquake of 1906.

The New Orleans Mint had its place in the Civil War.

The Carson City Mint is as much a story about the old west as it is about the economic battles, including the Crime of ’73.

One Dollar Baltimore B-Note featuring Frederick Douglas and a Baltimore oriole.

Trade and sales tax tokens can show how stores, states, and municipalities tried to work through the Great Depression. Transportation tokens show how transportation had grown in the 20th century. And how some cities, like Baltimore, issue its own “currency” to help promote local business.

Using numismatics to learn about history goes beyond the United States’ borders. After becoming interested in Canadian coins, I learned more about the British monarchy and the decline of the monarch’s power by studying the transitions from Queen Victoria to Queen Elizabeth II.

After finding three banknotes from the State of Chihuahua, I learned more about the Mexican Revolution after trying to understand why currency for a three-year state existed.

Maybe it is time to take the saying “history in your hand” and turn it into something tangible. After all, a handful of trade and sales tax tokens may have more of an impact than just reading about the Great Depression.

And now the news…

 August 18, 2019

A Utah businessman paid $1.32 million for a dime last week at a Chicago coin auction. It wasn't just any 10-cent piece; the 1894-S Barber Dime is one of only 24 that were ever made, according to Stack's Bowers Galleries, which held the auction Thursday night.  → Read more at cnn.com


 August 24, 2019

TREASURE-hunters have dug up a hoard of ancient silver coins dating back to the Battle of Hastings in 1066 – worth an impressive £5million. A metal-detecting couple made the lucky find while searching an unploughed field on a farm in north-east Somerset.  → Read more at thesun.co.uk


 August 24, 2019

Such a hobby does not take a lot to start and can be rewarding in so many ways. To start with you learn about money and in it's many denominations, including the Civil War 3 cent nickel! In American collecting you can observe the way our country grew and developed, gaining a perspective on people and actions of this great nation.  → Read more at kendallcountynow.com


 August 24, 2019

For the first time in almost half a century the Treasury has ordered the Royal Mint to stop producing any 1p or 2p coins. The crackdown on coppers comes at a time when all our cash is under threat – with banks preferring that we pay for goods online or with cards because it saves them money.  → Read more at thisismoney.co.uk

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Weekly World Numismatic News for August 25, 2019

Glenn B Smedley Medal

2019 Glenn B Smedley Medal

Since the numismatic news has been light this week, I would like to answer some of the criticism received for last week’s post about my not attending the World’s Fair of Money.

The allegedly offending paragraph began, “One of the reasons I could not be at the World’s Fair of Money was because I was attending two seminars from another show.” (emphasis added)

First, every critic missed the first four words: ONE OF THE REASONS. It was not the only reason. I disclose a lot about myself and my life outside of collecting on this blog. I do not reveal everything. Attending the seminars was only one of the reasons. The other is I have a business to run.

Regular readers know that I started a business last year that is not numismatic-related. While my company does handle some numismatic items, these are not my focus. To maintain a new business, I have to make decisions that I may not like today but will help me in the future. I decided it was not in my business’s best interest for me to leave to attend the World’s Fair of Money.

Critics suggested that I could have attended the virtual seminar from my hotel room in Rosemont. While it sounds logical, let’s look at reality. Hotel Wi-Fi is not conducive to attending an interactive workshop for three hours. Hotel Wi-Fi services are not designed for that type of service. It may support downloading your latest streaming movie, but it does so with the support that you do not see. Since this is not a technical blog, I will tell you as a retired computer person that what you see and what is reality are very different.

Then there’s the question of being cost-effective. I run a startup business. While I have early success, it takes a lot of resources to build a business. I asked about the cost-effectiveness of sitting in a hotel room for a six-hour seminar. The answered varied but did not answer the question about whether the cost adds up.

Nearly every one of the naysayers in email and those who commented was established, dealers. All are over the age of 50. None would answer the question as to whether they would have attended a show that was not related to their business in their first few years of business.

I suspect that many of them have suppressed their early struggles as they have become successful.

I applaud each of their successes. But each has forgotten that the success came at a cost. Even though I might be around their age, I am running a new business and am enduring the struggles they faced at a younger age. It is more difficult for me now than it was for them in the past.

Some who have engaged in a conversation, I asked whether they understood my point? They did not get it!

Where is the outreach beyond the four walls of the convention center? Why is the entire show confined to the convention center? Why is there no attempt to get other people interested who did not attend or could not attend?

The bottom line is why is the ANA not broadcasting the World’s Fair of Money online to a broader audience?

It is possible to contribute the ANA without attending a convention. How do I know this? I have the Glenn Smedley Award to prove it can be done! I did not set out to win awards. I set out to improve the ANA and make it accessible to more people. I set out to move the ANA into the 21st century with technology. I see technology as the force that will promote the ANA.

I also see the Luddite attitude of some as the force that will be the ANA’s demise.

There are many issues the ANA faces, and I am concerned about how the organization’s use of technology will affect its future. I have three concerns that the ANA should address:

  • Broadcasting from the National Money Show and World’s Fair of Money. With all due respect to the older members, sometimes it is not possible to show up. With the technology available, the ANA must start broadcasting from the show floors, meeting rooms, and even the auctions. News, interviews, activities, and just plain showing off to an Internet audience will keep current members engaged and spark new interest.
  • Online education must be expanded to include courses for the experienced collector and non-collector. The ANA must go beyond was previously discussed. It did not go far enough. The effort was like trying to smell a rose at arms-length because there is a thorn on the side. The ANA must commit to bringing robust education services online or stop trying to dabble.
  • Aside from expanding technology in these areas, another enhancement would be to add technology to the exhibits. With all due respect to the exhibit committee and those who have created great exhibits, static displays are in yesterday’s museums. Museum and other exhibits are not becoming interactive. Even the Manley Library exhibits have rotating displays the allow visitors to view both sides of the object. Under current rules, it is challenging to add electronic aids to exhibits. Having access to electricity for each of the cases must be an option for exhibitors. Having access to the Internet must be an option for exhibitors. Add this capability and watch the exhibits really pop!

As of now, I believe I am still Chair of the money.org Committee, the former Technology Committee. If ANA President Steve Ellsworth chooses to allow me to continue in this position, I will work to help the ANA move forward with these goals.

And now the news…

 August 19, 2019

A Utah businessman paid $1.32 million for a dime last week at a Chicago coin auction. It wasn’t just any 10-cent piece; the 1894-S Barber Dime is one of only 24 that were ever made, according to Stack’s Bowers Galleries, which held the auction Thursday night. Only nine of the coins are confirmed to still exist.  → Read more at ktla.com


 August 20, 2019

The oldest coins minted for colonial Australia have gone on show at the Royal Australian Mint, allowing visitors to lay eyes…  → Read more at the-riotact.com


 August 21, 2019

(MENAFN – Newsroom Panama)  The 50 cent coins  that were minted to commemorate the anniversary of the founding of Panama City, 500  → Read more at menafn.com


 August 21, 2019

The prosecutor said that Louis "The Coin" Colavecchio "is effectively unable to enjoy life without conceiving new criminal ventures."  → Read more at providencejournal.com


 August 22, 2019

Gold prices have been hitting a fresh high everyday since Tuesday.  → Read more at indiatoday.in


 August 23, 2019

The penny will go on show for the first time at Saffron Walden Museum on Saturday August 24  → Read more at bishopsstortfordindependent.co.uk

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Weekly World Numismatic News for August 18, 2019

2019 Worlds Fair of \MoneyThis past week the World’s Fair of Money was held in Rosemont, just outside of Chicago. I wish I knew more of what happened, but the coverage of the show was its usual light to non-existent.

For years, I have been calling for the ANA to broadcast from the convention. For many years, I have been saying that when the collector cannot go to the show, the show must go to the collector. Nearly every other industry that holds a significant show finds ways of broadcasting part of the show to people who cannot attend.

One of the reasons I could not be at the World’s Fair of Money was because I was attending two seminars from another show. These were classes that are required so that I can become a licensed appraiser. Rather then travel to the show, I was able to view these seminars as they occurred. The conferencing software also allowed me to ask questions.

For next year’s show, I would like to see the ANA start to broadcast the Money Talks programs. All business-related items like the meeting of the Board of Governors session could appear on a live stream. Let’s start with that before I go into the rest of my wishlist.

And now the news…

 August 10, 2019

The Royal Mint has revealed no new 1p or 2p coins were struck over the last year. Is the future of copper coins under threat again?  → Read more at which.co.uk


 August 12, 2019

The government’s latest wheeze to convince us that Brexit means Brexit was announced this weekend. Sajid Javid is drawing up plans for millions of 50p coins to be issued when the UK leaves the EU later this year.  → Read more at independent.co.uk


 August 14, 2019

To ensure you the best experience, we use cookies on our website for technical, analytical and marketing purposes. By continuing to browse our site, you are agreeing to our use of cookies.  → Read more at antiquestradegazette.com


 August 15, 2019

Sen. Roy Blunt wants a commemorative coin to honor Negro League Baseball when it celebrates its 100 year anniversary in 2020. The Missouri Republican talked about his coin push during a tour of the Negro Leagues Baseball Museum in Kansas City, Missouri, this week.  → Read more at rollcall.com


 August 15, 2019

A woman from Asten found a very peculiar coin when she emptied out her purse after her vacation on Wednesday. A 2-euro coin, with the image of Princess Beatrix on it, that had also been minted with an image of an eagle with a swastika under it, De Gelderlander reports.  → Read more at nltimes.nl

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Weekly World Numismatic News for August 11, 2019

Mexico MintThis past week, two men entered the Mexico Mint (Casa de Moneda de México) and stole 1,567 gold coins worth an estimated $2.5 million. News reports say that these coins have a 50 peso value. Since the only gold coins available from the Mexico Mint of that type are Libertads, each coin is worth a little more than $1,600 each (about 31,500 pesos).

Initial reports say that security personnel did not follow appropriate protocols as the vault was left open before the robbery. Guards and other staff members were taken into custody for questioning.

The brazen daylight robbery occurred in an exclusive section of Mexico City that is well protected. Unfortunately, Mexico has seen an increase in violent crimes, including murder, with the increased activity of the drug cartels. The arrest and conviction of high-profile cartel leaders and the growth of exports to the United States created a situation where the cartels are fighting for territory.

An unconfirmed report said that the robbery was carried out by one of the cartels. If that is the case, the gold will likely be melted so that the coins would not be traceable.

And now the news…

 August 4, 2019

A treasure trove of 17th century silver coins has been found under the floor of a monastic church. Archaeologists from the University of Gdańsk were working in the presbytery of the 14th century Church of the Saint Andrew the Apostle in the town of Barczewo in Poland’s northern province of Warmia, when they discovered a glazed ceramic mug handle filled with nearly 1,000 coins.  → Read more at thefirstnews.com


 August 6, 2019

Thieves stole nearly 1,600 gold coins worth more than $2 billion in a brazen daytime robbery in Mexico City. Visit Business Insider's homepage for more stories. MEXICO CITY (Reuters) – Armed robbers broke into a Mexican government coin manufacturer on Tuesday and filled a backpack with more than $2 million worth of gold coins from a vault that had been left open, security officials said.  → Read more at businessinsider.com


 August 6, 2019

Police are searching for the perpetrators of the theft, which took place in broad daylight on one of the Mexican capital's most prestigious avenues, Avenida Reforma, CNN en Español reports. The brazen heist is the latest development in a crime wave that has struck Mexico City in recent months as the security situation deteriorates across the country.  → Read more at www-m.cnn.com


 August 7, 2019

The Royal Mint didn’t produce any 1p and 2p copper coins in 2018 — marking the first time since 1972 and 1984 that none were created, respectively. Currently, there are an estimated 10.5 billion coppers in use and another 6.3 billion laying dormant in piggy banks and jams cars across the country.  → Read more at news.yahoo.com


 August 7, 2019

A glass bottle containing six kilos of coins from interwar Poland has been found buried under a monastery in Ukraine. Builders stumbled upon the stash one-metre below the Bernadine Monastery and St. Andrew’s Church in the town of Zbarazh where they were carrying out earthworks.  → Read more at thefirstnews.com

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Are you going to the World's Fair of Money

Yes, I wouldn't miss it. (47%, 8 Votes)
No, I cannot get away (35%, 6 Votes)
No, it's not worth my time (12%, 2 Votes)
Maybe... I will decide later (6%, 1 Votes)

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