I have lamented the ending of the weekly newsletter. I thought it would be fun to share the numismatic-related news from non-numismatic press from around the interwebs and grow into something interesting. To support generating the newsletter, I wrote some software to automate the process. These scripts are pretty cool if you ask me (I know you didn’t but I did). It is not fun letting good software go to waste. So I reworked the output to generate a version for the blog.
Each week, I will take no more than 10 stories from around the world and post them Sunday evening. These stories range from those about coin production, finds of ancient hoards, coin and currency issues from world government, bullion, and anything else that would concern the numismatic market in some way.
ENJOY!
It's time to start checking your pockets again, as a rare pound coin with a manufacturing fault has been valued at £3,000. A coin collector from Hull spotted the error on his new £1 coin and immediately contacted the Royal Mint to find out if it was a genuine coin which could therefore be extremely rare and sought-after. → Read more at cosmopolitan.com
Summary Silver fundamentals released by the Silver Institute for 2016 show reduced demand, with a smaller deficit compared to 2015 Silver is reacting to investment news such as interest rate rises, and has since the second half of 2016 → Read more at seekingalpha.com
The Prince of Wales has struck a commemorative coin to mark the Duke of Edinburgh's retirement from public duties. One side of the £1 coin bears the image of Prince Philip and the phrase "Non sibi sed patriae", meaning "not for self, but country". → Read more at bbc.com
BERLIN — A giant gold coin that was stolen from a museum in the heart of Berlin this year was probably smashed or melted down and will most likely never be recovered, the authorities said on Wednesday, as they announced four arrests, including that of a museum security guard. → Read more at nytimes.com
A Beaumont man is facing up to 20 years in federal prison for an alleged scheme involving $5.4 million in rare coins. Westley Pollard Jr., 42, was arrested Wednesday morning and charged with 11 counts of mail fraud, according to a statement from the U.S. → Read more at beaumontenterprise.com
DEFECTIVE quids — previously dubbed the “most secure in the world†— have been slowly cropping up online with many selling for hundreds of pounds. But are these errors really that common and why do they make your coins collectable? → Read more at thesun.co.uk
Governor of the Bank of Jamaica (BoJ) Brian Wynter says a shortage of coins will ease later this month. He told Parliament's Economy and Productions Committee Wednesday that there is currently a shortage of $20 coins. → Read more at jamaica-gleaner.com
HOW much is a dollar worth? If it falls between the car seat cushions, or it gets lost in the washing machine, it’s worth big bucks to Ronnie Shahar. Every year, countries all over the world ship millions of tonnes of scrap metal to processing plants in China, India and South-East Asia, the remains of old cars, vehicles, washing machines and vending machines. → Read more at news.com.au
Indian Prime Minister Narendra Modi commemorated the birthday of Shrimad Rajchandra — the spiritual guide of Mahatma Gandhi — by launching two commemorative coins of Rs. 150 and Rs. 10 on June 29 at the Sabarmati Ashram in Ahmedabad. → Read more at indiawest.com