Weekly World Numismatic News for December 19, 2021
It is the time of year for retrospectives, looking back on the good and bad of the past year. But there is still time left in the year, and there is still news to cover.
Breaking late in the week, a Royal Proclamation passed to create a 50 pence coin to celebrate the 100th Anniversary of the British Broadcasting Company. The BBC was founded and made its first broadcast in 1922 on the recommendation of the General Post Office, which had problems managing broadcast licenses.
Gold has been hovering between $1760 and $1810 for the last two months. Although the gold spot price is close to the $1900 that some have predicted for the year-end price of gold, the $28 prediction of silver will fall short.
Silver has been on a steady fall since hitting $30 in February. Earlier in the year, the pandemic caused the closing of mines and processing facilities. The advancement of COVID-19 vaccines allows facilities to ramp up processing, and the increased supply allows prices to fall.
There are two weeks left in 2021 and time for more news.
And now the news…
December 16, 2021
→ Read more at deccanherald.com
December 16, 2021 → Read more at rappler.com
Weekly World Numismatic News for April 28, 2019
Just a few of the coins that I gave away from the cash register
In my shop, I advertised that I would trade a 40-percent silver half-dollar for a W mint quarter. Most of the people who came by did not know about the quarter.
While the lack of interest seems disheartening, there appears to be a growing problem with the coverage of these stories. Aside from a few local accounts, there were few reports from the national news media. Even with Congress being out of town this week, all of the national press seems to be buried in their respective corners looking for red meat to chew.
No wonder the public does not trust the media.
And where was the numismatic community? Last week, I was busy posting a lot of news releases from the numismatic industry (news.coinsblog.ws). This week, the only post was a found video from a few years ago. Where were the national or regional organizations?
If nobody knows the numismatic industry is here and cares then why should anyone care?
It might be time for the numismatic industry to have a lesson in public relations because if they think what they are doing now is working, the foot traffic into my shop where collectors of all type visit tell me it is not!
And now the news…
April 11, 2019Archaeologists have been researching interesting findings in the Liptov region. A married couple during a hike to the Choč mountain near Likavka made a great discovery of silver and two golden coins from the turn of 15th and 16th century, My Liptov wrote. → Read more at spectator.sme.sk
April 23, 2019A group of amateur treasure hunters in England found a horde of gold and silver coins from the 14th-century that could be worth nearly $200,000 according to experts. → Read more at foxnews.com
April 24, 2019Collectors are expected to place millions of vintage coins and paper money back into circulation as part of a nationwide event. → Read more at mercurynews.com
April 24, 2019A man bought a box of Milk Duds in Tiburon this week with a handful of Indian Head cents. “We’re trying to do something here,” said Don Kagin, just before using an 1876 quarter to help pay for a pound of butter. → Read more at sfchronicle.com
April 25, 2019CLAREMORE, OK. – An Oklahoma man is offering $10,000 in exchange for one penny. Richard McPheeters is a coin dealer and collector in Claremore, and he is looking for a rare penny to complete a set. This isn’t your average penny. The particular penny he is searching for is a certified 1982 Small Date Denver mint penny made of copper. 1982 was the last year pennies were made from copper. McPheeters has 7 of these pennies out of 8 from the Denver mint and he is looking for the 8th one. → Read more at whnt.com
April 26, 2019National Park Service officials at Glen Canyon National Recreation Area are puzzling over an apparent discovery of old Spanish coins — do they represent a remark → Read more at lakepowelllife.com
April 26, 2019Challenge coins are handed out to commemorate American military campaigns. But the trinkets carry different weight when displayed beside tokens from earlier wars that failed. → Read more at nytimes.com
April 26, 2019A Fort Mill, South Carolina man got a call from Tennessee about an unusual penny with his father’s information on it. Sgt. Clifford Wilford served the Army in Europe from D-Day to liberation during WWII. → Read more at heraldonline.com
April 26, 2019NUR-SULTAN — Kazakhstan’s National Bank has issued freshly minted coins with engraved texts in the country's new Latin-based alphabet. The new tenge coins were issued on April 26 in denominations of 1, 2, 5, 10, 20, 50, and 100 tenges, the bank said in a statement. → Read more at rferl.org
POLL: Are you joining the Great America Coin Hunt?
Since Sunday was a holiday, today is really the first full day of National Coin Week and the Great American Coin Hunt. As you go to work and buy your morning coffee, breakfast, lunch, or anything else during the day, check the change you receive. There could be a surprise.
Don’t forget about the ANA Trivia Contest!
For those who come into my shop this week, I will be adding some older coins to the cash register and have a few giveaways for the young numismatists who visit.
I will do what I can in support of the hobby, but what about you.
Since I have not posted a poll in a while, I thought this would be a good way to start the week.
Are you joining the Great American Coin Hunt?
Total Voters: 19
Loading ...Weekly World Numismatic News for April 21, 2019
National Coin Week is celebrated every third week of April to bring awareness to those neat little metal items jingling in your pocket as something that makes a fun collectible. This year the numismatic community is going all out to get you to look at your change with the Great American Coin Hunt. Why? Because change hunting is how many of us started. While finding silver coins may be rare (or is it?), there are still collectible coins in circulation.
Round Table Trading is a nationwide organization of coin dealers. Members of the Round Table have committed to placing collectible coins into circulation. Coins will range from Indian Head Cents to Morgan Dollars and everything in between. You may want to examine that dime you just received in change carefully because it could be a Mercury Dime that was struck by the U.S. Mint from 1916-1946.
I already own a 1909-S VDB Lincoln Cent, but I will be looking, too!
Also, look for coins with silver and gold stickers on them. If you find one, bring it to a coin dealer and redeem it for something worth more. Silver stickers can be traded for silver coins, and gold stickers will get you a gold coin. There are rumors that some dealers will redeem a gold sticker for a Saint-Gaudens Double Eagle ($20) gold coin worth more than $2,500.
The U.S. Mint is also participating by releasing the first-ever circulating coins with the “W” mint mark to indicate that the coins were minted at the facility in West Point, New York. In 2019, the U.S. Mint will add 10 million quarters, two million for each of the 2019 America the Beautiful Quarter Series coins, into circulation. After being struck at West Point, 1 million of each quarter will be sent to the mints at Philadelphia and Denver to be mixed in with the circulating coins that will be delivered to the Federal Reserve.
Although you might think that producing 10 million coins is not rare, consider that the U.S. Mint will produce nearly 1 BILLION quarters in a year making it about 1-percent of the Mint’s quarters production.
Finally, the American Numismatic Association is holding a 2069 coin design challenge and an Online Trivia Challenge. Visit the ANA website daily for the rules and a new daily question.
And now the news…
April 16, 2019GREENWICH – A high school senior from Greenwich is bringing a very modern approach to the ancient pastime of coin collection. Christian Hartch, 18, was given a small collector's book for pennies by his father, Greg, when he was 5. He's been obsessed with numismatics, the study of coins, ever since, and brought his enthusiasm to thousands of followers on YouTube. → Read more at greenwichtime.com
April 18, 2019Byzantine ruler created the 438 Theodosian law code, which collected the thousands of imperial laws of the sprawling empire and officially made Jews second-class citizens → Read more at timesofisrael.com
April 18, 2019A new dollar coin designed to commemorate 50 years of homosexual rights has sparked a dual backlash — from both members of Canada’s LGBT community and from a social conservative group. → Read more at cbc.ca
April 18, 2019A gold and silver coins hoard was found by four treasure hunters with a metal detector in a field in Buckinghamshire and includes 12 rare full gold coins from the time of the Black Death. → Read more at dailymail.co.uk
April 19, 20192019-04-19T17:51:29.479634Z → Read more at wmur.com
April 20, 2019EASTON — Take a moment to really count your change next week, you might be surprised to find some unusual and collectible coins.As part of National → Read more at tauntongazette.com
W Quarter Find Average is Still Below the Mendoza Line
Today I was able to see a West Point Mint struck Lowell National Historical Park quarter. The problem was that it was not my coin.
One of my regular customers came into the shop to ask about the quarter. He had heard that there was a bounty issued to find the first quarter and wanted to know if I could help claim the prize.
I was surprised when he dropped five 2019-W quarters in my hands. After I explained that the first-find bounty was claimed, I asked how he found five coins. The answer was obvious: roll hunting.
My customer works in the Baltimore area and stopped in a few banks to buy a few rolls. He said that he could buy two rolls at each bank without the tellers complaining that he is not a customer. When he searched through the rolls, he found the five coins.
I do not know why I was surprised by the coin roll response. It would make sense that if the U.S. Mint were sending the bags directly to the Federal Reserve for circulation, the rolls would be at the banks rather than in circulation. Large retailers usually get their change from logistics companies who specialize in transporting large sums of money. Small retailers may have a small batch of coins that are just stored and not circulated. Both situations are not conducive to forcing coins into circulation.
Then I read that one of the PCGS $5,000 First Discover winners found the coin at the end of a roll.
When I closed the shop earlier today, I opened the five rolls of quarters I purchased from my bank on Thursday. To put it in baseball terms, I am oh-for-200 with a batting average of .000! That is definitely below the Mendoza Line!
Not Your Ordinary Change Purse Find
Although I am still searching for a quarter with a W mintmark in my change, it does not mean I am not finding anything. Today’s find was not in change but from the bottom of a box.
Peering inside the little purse we see the coin
Little Pink Doll Purse found in a box
A few months ago, a client delivered dolls and other collectibles they did not want to take on their move across the country. We sold most of the collectibles and moved on. But this little purse found something in the box to attach itself to and stayed behind.
I opened the purse to find a little handkerchief and a penny. How cute, I thought, they put a penny in the doll’s handbag. The edge of the coin showed a distinctive red color and wondered about the year. Considering that most of the toys were from the 1990s, I was expecting to see a period coin.
Imagine my surprise when I removed the coin and found it was a 1907 Indian Head cent. The red colored coin has signs of toning on the obverse, likely from being stored in the purse with a little cotton hankie. The coin looks like it has never been in circulation.
I am not a fan of toned coins, but this one is light enough to enhance the red coloring of the coin rather than being a different color.
The images of the coin do not do it justice. I should have taken the picture on a white background and away from fluorescent lights. But I wanted to send the picture to someone who might be interested in the coin.
If that person does not buy the coin, I may take the chance to send it to a grading service. I think it could probably grade MS64-RD. It is such a pretty coin that it is worth the risk. After all, mint state Indian Head cents graded as red-brown start at $40. I cannot lose!
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