The world of numismatic news of the week centers around theAmerican Numismatic Association’s World’s Fair of Money that was held in Philadelphia this past week. Here are the top news items from this past week?
Eliasberg 1913 Liberty Head Nickel (Image courtesy of PCGS
- The Eliasberg 1913 Liberty Head nickel sold for $4.56 million at the Stack’s Bowers Auction to an undisclosed buyer. The coin graded PR-66 by PCGS is the finest of the five 1913 Liberty Head nickels. It is the highest price ever paid for a coin not struck from a precious metal.
1792 Washington President Gold Eagle Pattern (Image courtesy of NGC)
- The Unique 1792 Washington President Gold Eagle pattern coin was sold for $1.74 million by Heritage Auctions. The coin, graded XF-45★ by NGC, is from the Eric P. Newman Educational Society collection. Proceeds from the sale will benefit the Society. The coin was acquired by Newman from the Col. E.H.R. Green Collection in 1942. Aside from being one of Newman’s favorite coins, it was also believed to be Washington’s pocket piece.
David J. Ryder, Director of the U.S. Mint.
- Director of the U.S. Mint David Ryder announced that the Mint will introduce a gold coin series promoting the “Virtues of Liberty” starting in 2019. The announcement was given to Coin World who has not published the details of the program. One would think that an agency of the federal government would make this information generally available to the public and not exclusively to one publication.
2019 Frank Church River of No Return Wilderness Quarter (Idaho)
- The U.S. Mint publicly introduced the designs that will appear on the reverse of the 2019 America the Beautiful Quarters. National treasures being featured in 2019 include Lowell National Historical Park (Massachusetts), American Memorial Park (Northern Mariana Islands), War in the Pacific National Historical Park (Guam), San Antonio Missions National Historical Park (Texas), and the Frank Church River of No Return Wilderness (Idaho).
My report on my time in Philadelphia is coming soon.
And now the news…
August 13, 2018
Michael Turrini, a memer of the Fairfield Coin Club, holds different types of currency from Africa, Sunday, Aug. 12, 2018. The cowry shells and iron cross are both used as money. (Susan Hiland/Daily Republic) FAIRFIELD — Treasure hunters came out Sunday to find the rare coin, and they brought their → Read more at dailyrepublic.com
August 13, 2018
Never miss a story or breaking news alert! Listen at work or while you surf. → Read more at kywnewsradio.radio.com
August 15, 2018
The World's Fair of Money is "an opportunity for our members and the general public to see a lot of coins they could never see otherwise […] plus, an opportunity to see some of the largest, most successful [coin] dealers in the country," said Douglas Mudd, Curator and Director of the American Numismatic Association Money Museum. The World's Fair will feature millions of dollars worth of rare coins- coins whose values were once less than a dollar. → Read more at philly.com
August 15, 2018
A Navy veteran recalls a sacred tradition for warships. → Read more at navytimes.com
August 17, 2018
Rs. 1 coins also hit; rumours about their discontinuation have been doing the rounds for over a year now → Read more at thehindu.com
August 17, 2018
The one of a kind George Washington gold coin, dating back to the 18th century, was sold for $1.7 million this week with all the proceeds going to charity, according to Heritage Auctions. → Read more at kitco.com
August 17, 2018
https://mma.prnewswire.com/media/730083/1943_Bronze_Cent.jpg?p=facebook → Read more at prnewswire.com
Good morning from the Pennsylvania Convention Center in beautiful downtown Philadelphia where the American Numismatic Association World’s Fair of Money is being held. I made to Philly last night after closing shop and will be spending the day here. Tomorrow morning I will be attending the Board of Governors meeting as Chair or the Technology Committee and then will head back to the D.C. area.
First on the agenda this morning is the e-Learning Platform Presentations. For those who do not know, the ANA is looking to expand its educational mission by offering courses online, something that has been on my agenda for many years.
It is an open session in Room 122A of the Convention Center. While it might not be the most exciting of the sessions, it is important to the future of the ANA. The presenter will be Blackboard, D2L, and eINNOV8. I have heard and used Blackboard when I was an adjunct professor with the University of Maryland System. For me, it will be interesting to see what has changed. The others I have never heard of until this exercise. Seeing how they differentiate themselves will makes it interesting.
For the rest of the day, I will be live Tweeting @coinsblog from the Convention Center. I will try to post a summary tonight. Stay tuned!
All the news that fits, we print!
Trying to keep up with the news in the numismatic community has been like trying to keep up with the news in Washington. This week it was coming in fast. The bottom line is that next week is the American Numismatic Association’s World’s Fair of Money in Philadelphia.
Based on some of the press releases, here are some of the highlights for those who will be in attendance:
- The ANA Museum Showcase will feature the finest known 1792 Half Disme, formerly owned by the first United States Mint Director David Rittenhouse and other rarities.
- PCGS will display the “The J&L 144 Complete Set,” the All-Time Finest set of classic commemorative coins in the PCGS Set Registry
- The Numismatic Crime Information Center will offer a one-day training class on “Numismatic Crime Investigations” for local, state and federal law enforcement officers.
- PCGS will also display one of the 1787 gold Brasher Doubloons and seven of the finest known 1780s New York colonial era copper coins in an educational exhibit.
- The U.S. Mint will display three 1933 Saint Gaudens Double Eagle gold coins including a previously undisclosed specimen that was voluntarily and unconditionally given over to the government by a private citizen who requested to remain anonymous.
- The finest known 1794 Flowing Hair silver dollar, graded PCGS MS63+ CAC, will be displayed at the Tangible Investments booth.
- ICTA’s Anti-Counterfeiting Task Force will exhibit a five-case display of counterfeit coins, precious metals bars, and grading holders on special loan from the Cherry Hill, N.J., office of Department of Homeland Security. These items were confiscated during their investigation of Jonathan A. Kirschner, who pleaded guilty impersonating a federal agent while selling counterfeit coins and bars and unlawfully importing counterfeit coins and bars into the United States.
- The ANA, Numismatic Literary Guild, and others will be presenting their annual awards during the week.
In other words, it will be a jam-packed week for the numismatic junkie.
Too bad the show cannot be live-streamed for those of us who either cannot attend or will only be able to attend for a short period of time.
I will attend the World’s Fair of Money on Thursday and will leave after the ANA Board Meeting on Friday morning. More on this later.
And now the news…
August 1, 2018
A gold coin from the time of Andronicus II and Andronicus III Paleologus (14th century) has been discovered during archaeological excavations at the Rusokastro Fortress site on Bulgaria’s southern Black Sea coast, the Regional Historical Museum in Bourgas said. → Read more at sofiaglobe.com
August 3, 2018
Tiny hands fly up, waving pastel green play money in the air as children offer up bids with high-pitched, eager squeals. “I have $6!” → Read more at houstonchronicle.com
August 5, 2018
Gold nugget discovery deemed museum quality DALLAS – An enormous, 40-ounce gold nugget, nicknamed “Lightning Bolt” for its jolting, bright yellow glow and rarity beyond any diamond found on Earth, could take top lot honors in in Heritage Auctions’ Nature & Science Auction Aug. → Read more at antiquetrader.com
August 6, 2018
It has been revealed that Lord Ian Stewartby, who resided near Biggar and died in March at the age of 82, left £1.8m worth of his nationally-renowned collection of ancient coins to Glasgow University’s Hunterian Museum. → Read more at carlukegazette.co.uk
August 7, 2018
It was originally worth five shillings but Australia’s rarest coin, believed to be discovered in a bushranger’s hoard, is on the market and expected to fetch more than $500,000. For the third time in its history, the “Hannibal Head” holey dollar, discovered in Tasmania in 1881, and presented to the Governor of Van Diemen’s Land, Sir John Henry Lefroy, is being sold by Melbourne coin house Coinworks. → Read more at thenewdaily.com.au
August 9, 2018
More than nine months after they stopped being legal tender, about 169m round £1 coins are outstanding. → Read more at bbc.com
With a lot of the international news focused on the finding of ancient coins buried in old ruins, the story that caught my eye came out of Colorado Springs.
Glenna Goodacre, the designer of the Sacagawea Dollar and a graduate of Colorado College in Colorado Springs, donated several items relating to the design of the dollar coin to the American Numismatic Association Money Museum.
Donations include several plaster and bronze casts of the coin that were used to test the design and show the relief of the coin. There is also a plaster cast with an alternate version without her baby, Jean Baptiste Charbonneau, on her back.
News of the donation was published on Friday, July 13, 2018. According to the article, ANA communications coordinator Amanda Miller said that there were no immediate plans to display these items.
Following a significant donation, the ANA will issue a press release. When they do, it would be nice to read that some of these items would be on display at the World’s Fair of Money next month in Philadelphia.
And now the news…
July 9, 2018
An uninhabited island off the coast of Arnhem Land may be the discovery place of a medieval African coin, which, if confirmed, would be among the oldest foreign artefacts ever found in Australia. → Read more at abc.net.au
July 12, 2018
The Money Museum, the local, official museum of the American Numismatic Association, recently announced an exciting new donation to its collection. Sculptor and Colorado College graduate Glenna Goodacre has given the museum a selection of items related to the Sacagawea dollar, for which she designed the obverse (the face side). → Read more at csindy.com
July 13, 2018
The tenacity of amateur archaeologists and historians searching on a remote island off the coast of the Northern Territories in Australia seems to have finally paid off. The team has found a small coin that apparently comes from a medieval African city. → Read more at ancient-origins.net
July 13, 2018
The banknotes highlight Nelson Mandela’s historical journey, from the rolling hills of the Eastern Cape to the Union Buildings. More than 400 million banknotes and coins bearing the face of South Africa’s first president in the era of democracy, the late Nelson Mandela, are being released to commemorate his centenary. → Read more at citizen.co.za
July 15, 2018
A Virginia Beach coin dealer recently spent $2.64 million on a rare coin from 1834. He and his business partner are collecting coins from 1792 to present day. → Read more at pilotonline.com
July 15, 2018
The Bank of Jamaica (BOJ) has named GraceKennedy Payment Services Ltd (GKPS) as an official coin collection agent in the national coin redemption drive.According to the BOJ, following efforts to identify agents to widen its coin redemption drive, it… → Read more at jamaica-gleaner.com
Normally, I do not directly publish news items but this is important for the entire community.
Did you receive an email or call trying to sell you a Philadelphia World’s Fair of Money hotel room?
The ANA did not authorize this.
It has come to our attention that a third-party booking company inaccurately representing itself as our hotel vendor is contacting ANA members, dealers and exhibitors, offering to book you a hotel room at the ANA World’s Fair of Money; some even provide a promotion code or will misrepresent that they are calling from the hotel.
ANA is not utilizing any housing service vendors for the Philadelphia World’s Fair of Money. Nor has the ANA shared your email with anyone.
Room reservations for the Philadelphia World’s Fair of Money should be made directly with the Philadelphia Marriot Downtown (the show’s host hotel) either by phone – 1-888-236-2427 (mention ANA World’s Fair of Money to secure the group rate) – or via our website at www.money.org/worldsfairofmoney/lodging. Should you want to stay elsewhere, we strongly recommend calling the hotel directly or using a reputable online service such as Hotels.com or Expedia.com.
If you provide your credit card information to any of these unauthorized vendors, your card may be charged but you may not have a reservation when you arrive in Philadelphia. Unfortunately, this is a well-known scam perpetuated on unsuspecting conventioneers across the country.
If you have any questions about the World’s Fair of Money hotel block, or general questions about the show, please contact Jennifer Ackerman at email@example.com, Christie Cooper at firstname.lastname@example.org, or call the ANA Convention team at 1-888-448-3262. Complete information about the show is also available online at www.worldsfairofmoney.com.
Did you know that January is National Hobby Month?
After reading that, you are now saying, “But Scott, it’s February!”
Letter from the ANA received in February.
Yes, but I did not know that January is National Hobby Month until I received a letter in the mail from the American Numismatic Association informing me of this fact.
The ANA, like other non-profit organizations, periodically send out what I like to call “beg letters” to members and those who have previously donated in order to solicit donations. There is nothing wrong with these letters. In fact, when I can I do respond to the organizations I regularly contribute to including the ANA.
What is unusual about this letter is that across the top, it tells me that January is National Hobby Month after being sent and received in February.
Since this came on a Friday and it was not opened until after hours, I have not attempted to contact the ANA to ask about this letter. However, if the ANA wants to tell me that January is National Hobby Month, maybe they should do it in January.
I guess things went well at the American Numismatic Association World’s Fair of Money. There seems to have been a little reaction on social media and some input from the regular numismatic media, but for the most part, I am going to have to wait until my coin club meeting on Tuesday to speak with those who attended.
My week has not been without the ability to acquire numismatic items. While rummaging through an estate sale I found some Canadian tokens. Since I own a copy of the Breton book, Illustrated History of Coins and Tokens Relating to Canada, this will give me a chance to look into the few token I was able to buy at a very inexpensive price. Who knows, maybe this will spark another collection interest!
A recent purchase of six Canadian Tokens
Finally, I want to wish my brother Joel a Happy Birthday. I cannot believe the old man is 53!
July 31, 2017
As far back as he can remember, he has collected coins. As a young boy, he tagged along with his father to coin club meetings and exhibitions, gaining an interest in Canadian pennies and U.S. cents. "I don't remember not collecting," said Hallenbeck, who owns Hallenbeck Coin Gallery at 711 N. → Read more at gazette.com
July 31, 2017
OSKALOOSA — Jerry Jenkins, a former Oskaloosa resident who now lives in Texas, recently mailed two old coins to the Oskaloosa Herald. Jenkins said he wanted the coins to be donated to Nelson Pioneer Farm and Museum as part of Mahaska County history. → Read more at oskaloosa.com
July 31, 2017
BENGALURU: Investors and history lovers made a beeline this weekend for Nanyadarshini 2017. This was the first edition of the annual numismatics exhibition post-demonetisation by the Karnataka Numismatic Society at Shikshakara Bhawan on Kempegowda Road in the city. → Read more at economictimes.indiatimes.com
August 1, 2017
In 2013, David McCarthy spotted a rare coin in an auction catalog and immediately had a hunch it was the first coin minted by the fledgling United States of America in 1783. Not the first run of coins, mind you, but the very first one. → Read more at npr.org
August 1, 2017
WASHINGTON (AP) — Old inns along the Revolutionary War trails boast of George Washington sleeping there. But coin experts say they have found the first silver piece minted by the United States — one likely held by the most en vogue of Founding Fathers, Alexander Hamilton. → Read more at seattletimes.com
August 1, 2017
A picturesque stretch of land in Michigan’s Upper Peninsula is set to grace a special quarter the United States Mint unveils for 2018. The Pictured Rocks National Lakeshore is among the places featuring on the reverse side for the America the Beautiful Quarters program, officials announced Wednesday at the American Numismatics Association’s World’s Fair of Money. → Read more at detroitnews.com
August 2, 2017
The design for a coin representing Voyageurs National Park was unveiled this week along with the designs for four other national sites to be included in the United States Mint multi-year "America the Beautiful Quarters" program. → Read more at ifallsjournal.com
August 3, 2017
The Royal Mint is celebrating Prince Philip‘s retirement the same way they celebrate, well, all big royal milestones: with a new coin. The Queen‘s 96-year-old husband retired from official duties on Wednesday, after 64 years of service on behalf of the royal family. → Read more at people.com
August 3, 2017
ULAN BATOR, Aug. 3 (Xinhua) — The Central Bank of Mongolia has issued a commemorative coin dedicated to the Gobi brown bear which is on the verge of extinction. The coin made of pure silver has the shape of a circle with a diameter of 38.61 mm and a price of 300,000 togrog (122 U.S. dollars). → Read more at news.xinhuanet.com
August 3, 2017
Recently in The Hill, we heard former Reps. Jim Kolbe (R-Ariz.) and Tim Penny (D-Minn.) promote currency reforms as a way to save taxpayers money. Unfortunately, their proposed solution, The Currency Optimization, Innovation, and National Savings (COINS) Act of 2017, misses the mark completely and would move the country in exactly the wrong direction. → Read more at thehill.com
Ribbon cutting at the opening of the 2017 ANA World’s Fair of Money.
(L-R) Acting Director of the U.S. Mint Dave Motl, Director of the Bureau of Engraving and Printing Len Olijar, (HELP I FORGOT HIS NAME), ANA President-Elect Gary Adkins, current ANA President Jeff Garrett
Since the World’s Fair of Money has opened let me get into my annual rant:
Why isn’t the show broadcast for those of us who cannot attend?
Once again, work obligations have prevented me from traveling to attend the World’s Fair of Money. Unfortunately, it has been a few years since I was able to attend. I want to go. I want to be there. But since I am not a dealer, Real Life becomes a deterrent.
Since the American Numismatic Association Technology Committee was formed and I was asked to be a member, I have been calling for some way to bring parts of the show to the public that cannot attend.
It is not like there is a big technological barrier anymore!
Twitter has the capability to allow for streaming but I have been told that there are some technical issues that make streaming for a long time a little difficult. Minimally, a standard smartphone could be used to stream videos.
Instagram videos have a one-minute time limit that could also be used those quick hit items.
YouTube has a streaming service but there is a question about accessibility. Google makes YouTube unlimited streaming available through YouTube Red service, their paid service. There is a way to add shorter streaming content on YouTube but it is not as easy.
But if you want easy, there is always Facebook!
The easiest way to stream video on Facebook is the open the Facebook app on your favorite smart phone, go to your timeline, the press the button that says “Live” where it allows you to send an update. The app lets you adjust the camera before you press the button to go live!
Someone does not have to hold a camera. There are adapters for any smart phone that will allow one to attach the camera to a tripod.
For a little more money, a used 720p high definition camera could be purchased, interfaced with a computer, and the video streamed to both Facebook and Twitter. There is switcher-like software that will take the audio and video from the camera and broadcast it using both sites.
Someone could have broadcast the opening ceremonies.
There could be on the bourse floor interviews including at the Whitman booth where famous numismatic authors will be there for autographs.
The U.S. Mint has introduced the 225th Anniversary Enhanced Uncirculated Set. A camera could be brought to their booth to show the set.
Every Money Talks presentation can be live streamed.
Award ceremonies could also be live streamed!
For those of us who cannot attend, having access to video of the show may not be as good as being there but is a darn good substitute.
And the best thing about these videos is that they can live on forever! The broadcasts on Facebook and Twitter will remain on those sites for those who cannot watch live. The videos can be captured and posted on YouTube.
Basically, it is requesting that the ANA being accessible to everyone. It is the ANA being the numismatic resource.
Videos can be sponsored.
[FADE FROM BLACK] “We are here on the bourse floor with Joe Dealer to talk about the show.” But what you did not see is that Joe Dealer donated money to the ANA for that access. Remember, the ANA is a not for profit organization and needs the funds to do this.
Larger corporate sponsors could participate.
It is not like some of them are video streaming virgins. Both Heritage and Stacks-Bowers will be live streaming their auctions at the show. This is not the first time either company has provided these types of auctions.
Live streaming can benefit everyone. The ability to introduce more people to the hobby is invaluable. You can promote the ANA, dealers, and the hobby. If you like what you see, come join us. The more people who become interested can become members.
The American Numismatic Association announced today that Gary Adkins will be the associations 60th President. Gary will take office during the World’s Fair of Money.
Adkins won with 62-percent of the vote.
Don Kagin, who ran unopposed, will be the next Vice President.
With seven available position for the Board of Governors and eight candidates, only Adam Crum was not elected. Crum was a newcomer to the ANA election process and was one of my choices for that reason. He needs to stay engaged and try again in the future. The ANA needs new people and new perspectives.
The election for ANA President was really the only consequential race and I am pleased with the outcome. I wish the new leadership luck and will support them in whatever way I can.
By the way, I think that at least one of the Board of Governors will reach his term limit of five terms for the next election cycle. I hope that this may convince more people to run for the Board of Governors during the next election in 2019. If not, run anyway. The ANA needs new voices and new ideas from all members of the hobby!
Earlier this week I received the ballot information for the election of the American Numismatic Association Board of Governors. There are two candidates for president, one for vice president, and eight for Governors which seven will be selected.
As some of you who are ANA member began to receive your ballots, I have received many emails asking who I support. Since the slate is smaller this year, there is not a big choice. But as a preliminary answer, I have expressed my preference for one of the candidates not be elected as ANA President. I continue to stand by that assessment. Even if Gary Adkins was running unopposed, there would be no issue with supporting his candidacy.
There is also no problem with Don Kagin becoming Vice President. I believe Kagin is the first person who has a Ph.D. in numismatics, is a successful dealer, and I believe is someone good for the ANA.
As for the Board of Governors, only seven of the eight will be elected to the Board. The anti-incumbent sentiment in me says that I should support all those running for the first time: Adam J. Crum, Brian Hendelson, John W. Highfill, and Thomas J. Uram. After reading their statements and watching the candidate forum video, all four will do well.
That means one of the four incumbents have to go. Trying to decide between Steve Ellsworth, Greg Lyon, Paul Montgomery, and Ralph W. Ross is not as easy as I initially thought it would be. I know where I am leaning and why, but I want to take some time to consider my position. I will make my decision sometime the beginning of June.
Until then, you may want to spend the hour-and-forty-seven minutes and watch the candidates forum: