The Coin Collectors Blog has been and always been about collecting numismatics in all forms from a collector’s point of view. As I am coming up on my 12th anniversary of writing this blog, I would like to address a few comments I have received via email.
As a reminder, a blog is short for “weblog” which, according to Wikipedia, “is a discussion or informational website published on the World Wide Web consisting of discrete, often informal diary-style text entries (“posts”).” It is not a news site or a site that adheres to certain editorial form. Although news organizations now use blogs and blogging platforms, the Coin Collectors Blog is not pretending to be a news outlet.
When I started writing the Coin Collectors Blog in 2005, not only were there few coin collecting resources on the web, but there were no blogs. I wanted to provide some information, discussions, and (yes) opinions on every topic in the world of numismatics that I thought a collector would be interested in hearing about.
I also have made my interests clear. I will discuss everything that affects numismatics including the monetary policy that concerns the circulation of coins and currency and the people involved. This includes the politicians, both elected and appointed, that have direct involvement in any area that affects numismatics.
One of those politicians is Secretary of the Treasury Steven T. Mnuchin. As Secretary of the Treasury, he is in charge of every bureau in the Treasury Department including the U.S. Mint and Bureau of Engraving and Printing. Thus, what happens to Mnuchin can affect those bureaus. As far as I am concerned, that makes Mnuchin fair game for coverage on the Coin Collectors Blog.
After I reported about Mnuchin’s visit to Fort Knox, a U.S. Mint-managed facility, that both the Office of the Inspector General and a public interest group were looking into the travel and its costs. Since the story concerns the Secretary of the Treasury visiting a U.S. Mint facility, I felt it was my right and responsibility to report on.
Although there have been other issues with Mnuchin reported, they did not involve his department leadership as it pertained to the U.S. Mint or Bureau of Engraving and Printing. I did not feel it was appropriate to write about it on the Coin Collectors Blog.
More recently, I wrote about Secretary of the Interior Ryan K. Zinke having his own challenge coin. Although Zinke is not in charge of anything regarding the U.S. Mint or Bureau of Engraving and Printing, the fact that he has a challenge coin is significant. Collecting challenge coins is part of numismatics and any government agency official that decides to have his own challenge coin should be fair game.
In both cases, I was accused of stepping into politics in a bad way.
I know political discourse has changed, but I am still the same blogger who has covered numismatic bills in Congress, which there is a monthly status posting; nominations of Directors and Treasurers; defended the ancient coin collectors from the State Department; and posted a tribute to Mike Castle, the former Republican Congressman from Delaware who introduced many numismatic-related bills including that law that became the 50 State Quarters Coin Program.
It has and always will be my policy to keep the content of the Coin Collectors Blog on topics related to numismatics, numismatic production, collecting, and the conditions that affect this world, including the action of the government officials with oversight of the related organizations, especially if there is a direct effect on the industry.
Comments are welcome and encouraged, but I wish some of you would comment on the posts—and remember, comments are moderated to prevent spam only. Sometimes the email I receive is very creative but have been asked not to share. I hope that you reconsider next time.
Now for the news…
Currency modernization will help secure our financial futures and save billions of dollars for taxpayers. → Read more at cnbc.com
(ArtfixDaily.com) Richmond Hill, ON – Thursday, October 26 marks 888 Auctions’ inaugural auction dedicated to numismatic items with a special focus on Chinese gold and silver panda coins. The 426-lot auction will also be featuring rare coins from all over the world and will also be accompanied by 888 Auctions’ usual complement of Asian fine and decorative arts, including finely carved jadeite objects, porcelain ceramics, furniture and jewelry. → Read more at artfixdaily.com
Share During the Western Han Dynasty (206 B.C. – A.D. 9), the question of monetary freedom was vigorously debated. There were as yet no banks or paper money in China — money consisted solely of coin. → Read more at cato.org
Summary Harry Dent used to say gold will fall to $250, then $400, now he says $700. What are we to believe? → Read more at seekingalpha.com
Archeologists regularly stumble over troves of gold coins dating back centuries, proving that money is as old as civilisation itself. Cash, however, brings practical limitations when it comes to how much we can physically move about, which is why currencies also depend on a system of trust to allow easier representations of physical coins, gold etc. → Read more at thenational.ae
BENGHAZI, Libya, Oct 20 (Reuters) – Authorities in eastern Libya will circulate their own coins for the first time to ease shortages of money, a central bank official said on Friday, in another sign of disunity in the country that has two rival governments in east and west. → Read more at af.reuters.com
Noma Bar for Reader's DigestWhen Joan Langbord found ten gold coins in a family safe-deposit box in 2003, she knew she’d unburied a treasure. Langbord, then 75, had worked in her late father’s Philadelphia jewelry store her entire life, and she was fairly sure that the coins were 1933 double eagles. → Read more at rd.com
The coins went out of circulation on October 15 but can still be deposited at banks, building societies and post offices → Read more at burtonmail.co.uk
Chief of Staff of the Army Gen. Mark Milley stands beside the design for the back of the World War I commemorative coin, dubbed “poppies in the wire,” after he unveiled it Oct. 9, 2017 at the Association of the U.S. Army Annual Meeting and Exposition. → Read more at aerotechnews.com