Weekly World Numismatic News for August 4, 2019

Congress is nothing if not full of shallow people who would pander to their own mothers if it meant winning a vote or two. Their shallowness is on display just before they go on an extended break when members drop bills into the virtual hopper for consideration.

In the old days, members of Congress would write have the bills printed on paper and dropped into a physical hopper. The Clerk of the House would empty the hopper and enter new bills into the Congressional Record and add it to the calendar. The bills are sent to the Government Printing Office (GPO) for publications. Nowadays, the hopper is virtual. The submittal process is all by the press of the button — however, the still prints the bills and the Congressional Record causing delays in reporting.

Members of Congress know this and can milk a story for days while they travel back to their districts for their summer break.

It is excellent public relations for these people whose approval rating is lower than drain cleaner. So in between the bills to rename Post Offices, federal buildings, and sections of highway are bills to create commemorative coins. Congress gets a nice writeup about these bills that they hope their constituents will remember knowing most people have short attention spans.

The numismatic media is no different than any other press sectors. Every numismatic-related bill that is introduced gets banner headline coverage even though very few will receive a hearing. The only difference in their reporting is that the numismatic media will bury the term “if it passes” somewhere in its reporting.

Then, when a bill passes one chamber and sent across to the other, someone is breaking out the champagne. Except someone forgot that we are talking about Congress where nothing is easy. Sure, the Women’s Suffrage Centennial Commemorative Coin Act (S. 1235) and the Christa McAuliffe Commemorative Coin Act of 2019 (S. 239) passed the Senate, but the House has not accepted these bills. Members of the House will not let these bills in the front door because they are revenue-generating bills, which constitutionally must be introduced in the House.

It was particularly interesting when a Tennessee newspaper lauded Sen. Marsha Blackburn (R-TN) for S. 1235 without noting that the bill introduced by this one-time member of the House is blocked for violating the constitution.

I find this stuff fascinating. Then again, I used to work for the federal government!

And now the news…

 July 28, 2019

We’ve had a whole host of new currency introduced recently, but what should you do if you still have old coins or notes knocking about? The answer depends on what kind of currency you have, and how long ago it went out of date – while you can still exchange the recently changed notes and coins, you may be out of luck if you find any half-pence or farthings.  → Read more at simplybusiness.co.uk


 July 30, 2019

A Vancouver Island man has spent the last 10 years uncovering thousands of items using his metal detector — many of which are historic and valuable, he says.  → Read more at cbc.ca


 July 30, 2019

Nearly two years after they stopped being legal tender, 145 million old-style £1 coins are still missing.  → Read more at bbc.com


 July 30, 2019

Collectors are only too happy to share the history of their collections with visitors  → Read more at gulfnews.com


 July 30, 2019

KANSAS CITY, Mo. — From Satchel Paige to Jackie Robinson and Buck O’ Neil, several of baseball’s iconic players began their professional careers with the Negro Leagues in Kansas City. Now those legends, along with countless others, could be honored with a special, commemorative coin.  → Read more at fox4kc.com


 August 1, 2019

Twin Cities coin dealer Barry R. Skog has been sentenced to 30 months in prison by U.S. District Judge Wilhelmina Wright for perpetrating a counterfeit coin fraud scheme.  → Read more at startribune.com


 August 2, 2019

The PIL filed by the National Association for the Blind (NAB) sought directions to the RBI to include distinctive features in coins and in currency notes, so visually-challenged persons can easily identify the same.  → Read more at hindustantimes.com

Coin Collectors News
news.coinsblog.ws

 

Weekly World Numismatic News for July 28, 2019

One of the indicators as to how the markets view the economy is the price of precious metals. When there is uncertainty in the markets, investors leave the equity markets and buy precious metals. When that happens, it will have an impact on most pre-1965 coins.

Marketwatch reported that silver hit a 13-month high about the same time Iran captured a Britsh tanker. Since then, the silver market leveled out with few signs of dropping. Silver is not selling for at the same level as seen during the economic crisis in as it approached 2011, there continues to be upward pressure on its price.

Silver investing is sometimes called the “poor man’s gold.” When the average investor is uncertain and looks for a safer investment, they will buy silver while the wealthier investors will buy gold. Palladium has emerged as the new investment vehicle for investors with means.

Gold has been more erratic with wild swings in both directions depending on the news of the day. A precious metals fund manager who manages several diverse portfolios called the divergence of the markets curious. There is not a clear explanation for the current rise of silver. If someone were trying to manipulate the market, the prices would climb faster. All she could tell was there were a lot of low-end investors buying into silver.

30-day Gold Chart (will not update—Courtesy of Kitco)

For numismatics, the rising price of silver can be problematics. As the price of silver rises, the value of your coins will increase. However, adding to your collection will cost more, especially on those collectible coins whose value is tied to the price of silver.

Those responsible for investing in these markets are beginning to worry. If investors are buying silver as a safe haven, there could be a feeling of a pending economic crisis. Only time will tell if they are right.

And now the news…

 July 24, 2019

Present-day tenants of home owned by Jewish family before the Holocaust find jars containing 2,800 coins from as far back as the Roman Empire and as far away as India  → Read more at timesofisrael.com


 July 24, 2019

A hoard of Roman coins dating from the time of Queen Boudicca have been found by a metal detectorist in a field. What makes this find especially fascinating is that they may have been hidden there during one of the most interesting periods in Britain’s early history, the revolt against Rome led by the Celtic Queen Boudicca.  → Read more at thevintagenews.com


 July 24, 2019

Silver futures settle at a 13-month high on Monday, outpacing strength in gold, which saw prices eke out only a modest gain despite rising tensions between…  → Read more at marketwatch.com

Coin Collectors News
news.coinsblog.ws

 

Weekly World Numismatic News for July 21, 2019

While there was plenty of news this week, I want to take this opportunity to use myself as an example. Some may have noticed that the blog was taken down for a little more than a day earlier this week. The downtime was necessary to clean up after my account was attacked.

The attack occurred after I had given the person who is maintaining my company’s website the administrative passwords. Although that person did not attack my account, the use of compromised services on the Internet allowed the attack to happen.

Being attacked by malware on the Internet is nothing new. I am sure that most of you experienced an attack either of a website, your email, or social media account. The clean up is not fun. The embarrassment after spending a career as an information security profession is enormous.

I do pay attention to my version of the world to make sure that what I am involved with does not cause problems. Even so, something got passed my watch and infected my entire account, including this blog and the news site.

I have written about security issues in the past. As my experience has shown, letting down your guard can lead to an unintentional disaster.

I know that Internet security is both problematic and annoying. Having to watch over your virtual shoulders can make the time you spend online unpleasant. But it has to be done. You have to stay aware because the threats adapt as you do.

Fans of Hill Street Blues will remember that after the morning briefing, Sergeant Phil Esterhaus would say, “Let’s be careful out there.” Sound advice for the Internet age.

And now the news…

 July 14, 2019

London (CNN Business)Alan Turing, a crack code-breaker and visionary mathematician who was convicted under Victorian-era homophobic laws, will be the face of Britain's new £50 note. Bank of England Governor Mark Carney announced Monday that Turing, who killed himself in 1954 after he was subjected to chemical castration, will appear on the new polymer note by the end of 2021.  → Read more at cnn.com


 July 17, 2019

Nick Vorsin wasn’t sure what he’d find when he stopped in at the Calgary Coin Gallery, but he ended up buying a couple of nice surprises: two 1967 Canadian Centennial coins. One was a 50 cent piece, featuring an image of a howling wolf, along with a silver dollar featuring a Canada goose.  → Read more at globalnews.ca


 July 17, 2019

(UPDATED) A study finds that Filipinos frequently use P20 bills, leading to the banknote's wear and tear. A coin version will extend its life span. MANILA, Philippines (UPDATED) – The orange P20 bill will soon get a coin counterpart, an official of the Bangko Sentral ng Pilipinas (BSP) said on Wednesday, July 17.  → Read more at rappler.com


 July 18, 2019

Before you say, "Keep the change," make sure you don’t have one of these. You never know, one of your pennies could be worth the price of a nice dinner out — or maybe a whole lot more.  → Read more at cnbc.com


 July 21, 2019

Richard Hayes left a $45 million coin on the streets of Manhattan all day Tuesday, but he wasn’t particularly worried about a thief carting it off.  → Read more at marketwatch.com


 July 21, 2019

Rusty Goe has spent much of his professional life on a deep dive into the history of the U.S. Mint in Carson City. He’s written multiple books on the subject and spent thousands of hours in research, getting to know the people who worked there 150 years ago.  → Read more at carsonnow.org


 July 21, 2019

There was an increase in hoarding coins during the "tumultuous" reign of the queen, an expert says.  → Read more at bbc.com

Coin Collectors News
news.coinsblog.ws

 

Weekly World Numismatic News for July 14, 2019

Counterfeit 1803-dated dollar found in Hong Kong for $3. It is not part of the story but makes for a good accompanying image.

According to news reports, Barry Ron Skog, a coin dealer in the suburbs of the Twin Cities in Minnesota, pleaded guilty to selling counterfeit coins. He was last week to 30 months in jail.

Skog, 68, advertised in Numismatic News sending lists of available coins to interested collectors. Reports say that Skog, who used the alias Ron Peterson, sold $57,000 worth of counterfeit coins. On his arrest, his list contained 275 counterfeit coins which would have sold for over $200,000.

A source said that Numismatic News cooperated with investigators when a reader alerted them about the problem.

I am reporting this in very stark terms so that if anyone is searching the Internet for information about coin collecting, I want you to know that this situation is not typical of the hobby.

Like any industry, there are a lot of outstanding people and a few that ruin the reputation for others. Skog is not typical of the vast majority of the dealers I have met. Although there are dealers I disagree with on many different issues when it comes to numismatics, the state of the hobby, or their approach, I do not think they are bad people.

Not all mail order dealers are bad people either. For some, it is a hobby. They use the proceeds from buying and selling through ads placed in the numismatic media to enhance their collections. The same is true of some of the people who sell on eBay. Sure, there may be issues with some eBay sellers that give the rest a bad name, but there are more honorable people than those trying to scam you.

Finally, Numismatic News is an outstanding publication and an excellent source for stories about the hobby. While its future is uncertain, while it is still publishing, I have no problems recommending it as a reliable source. A scammer like this could have done this using any other publication. There is nothing about Numismatic News to place them at fault.

Unfortunately, stuff happens. When it does, it was nice to hear that the community banded together to stop someone from hurting other members.

And now the news…

 July 8, 2019

HISTORIANS are baffled after a mysterious African coin that could date as far back as the 8th century was found in Australia. The copper coin could mean Captain Cook – famous as the first Eur…  → Read more at thesun.co.uk


 July 8, 2019

Scientists are perplexed at the origins and provenance of two very ancient and unusual Roman coins that turned up like a bad penny in the 20th century. A Quincussis – the correct scientific name of this strange find — has thus far only been mentioned in texts dedicated to the coinage of ancient times and at most only a drawing was reported, but no one has ever seen one, until one was presented to Dr Roberto Volterri of the Rome University for analyses and then its twin surfaced.  → Read more at ancient-origins.net


 July 9, 2019

A Burnsville coin dealer who admitted selling counterfeit coins was sentenced Tuesday to 30 months in prison. Barry Ron Skog, 68, pleaded guilty to the counterfeit coin scheme Feb. 21.  → Read more at twincities.com


 July 9, 2019

Greek customs officers caught a Turkish citizen attempting to smuggle 1,055 ancient coins across the border from Turkey on Tuesday, the Greek Reporter news site reported. The coins were hidden in seven water bottles concealed at the bottom of a bag containing food, it said.  → Read more at ahvalnews.com


 July 9, 2019

A federal judge in St. Paul sentenced a former Burnsville coin dealer Tuesday to 2½ years in prison for fraud in the sale of bogus collectible coins. Barry Ron Skog, 68, owned the Burnsville Coin Co., which advertised the sale of collectible “numismatic” coins.  → Read more at startribune.com

Coin Collectors News
news.coinsblog.ws

 

Weekly World Numismatic News for July 7, 2019

Steven Kenny

Newly named Artistic Infusion Program artist Steven Kenny (photo courtesy of www.stevenkenny.com)

Usually, news about a new artist selected for the Artistic Infusion Program is not big news in the numismatic community. The program currently has 13 artists including a few who were once employees of the U.S. Mint. But the recent announcement that Steven Kenny of St. Petersburg, Florida seemed a little unusual because of his artistic style.

Kenny’s primary work is surrealism, a style described as “irrational juxtaposition of images.” There are many different styles of surrealism that many artists have explored. One of the most famous surrealist artists was Salvador Dali.

The Beach by Steven Kenny

“The Beach” by Steven Kenny. Available as a print on his website.

While exploring Kenny’s website, you can see he has an interesting take on surrealism. Most of his works appear to be his take on portraits of different types of people adapting to their environment in unique ways. But these works go beyond that simple description, which is usually the case with artists who specialize in surrealism. His work has a simplicity that the more you look at them, the more that you can see complex themes formed by the image.

The way Kenny approaches a subject makes his selection to the AIP a fascinating choice. The U.S. Mint has always had a problem figuring out how to create designs for complex subjects. It is one thing to design a coin with an organization’s logo or the bust of a person, but what about design a coin for a national park, a forest, or an event?

Although seeing a surrealistic design on a coin would be interesting, someone with a background in surrealism has a different view that has the potential to improve on coin designs.

Kenny’s selection to the AIP is a very interesting move for the U.S. Mint. Whoever made the selection should be praised for not only selecting a talented artist but one with a different perspective.

I encourage everyone to explore Steven Kenny’s website to see more about his art.

And now the news…

 June 30, 2019

Using powerful infrared light, researchers have found a way to tint metal without dyes or pigments – with scientific implications far beyond coin-collecting  → Read more at theglobeandmail.com


 July 2, 2019

The U.S. Mint selected St. Petersburg surrealist painter Steven Kenny to create designs for coins.  → Read more at abcactionnews.com


 July 3, 2019

PHOTO: “MIR”  → Read more at galpost.com


 July 3, 2019

To continue, please click the box below to let us know you're not a robot.  → Read more at bloomberg.com


 July 3, 2019

 → Read more at kitco.com


 July 4, 2019

A rare gold solidus dating back 1,600 years has been found by a group of Israeli students in the Galilee region.  → Read more at sci-news.com


 July 4, 2019

A treasure trove of Arab coins dating back some 1,000 years has been discovered in an old German cemetery near the Baltic coast.  → Read more at thefirstnews.com

Coin Collectors News
news.coinsblog.ws

 

Weekly World Numismatic News for June 30, 2019

Price of Gold for the 2nd Quarter of 2019
(Chart courtesy of GoldSeek.com)

News of the week is not happening on the pages of the non-numismatic media but in the precious metals market. Specifically, the rise in the price of gold. While this news makes the gold bugs happy, it is a bad indicator for the rest of us.

With the price of gold opening at $1,279.00 on January 2, 2019, it saw some bumps in its price but has largely averaged a modest gain until the price closed at $1,271.15 on May 21. Then it started to climb and climb rapidly by market standards. On Friday, June 28, the end of the second fiscal quarter, gold closed at $1,409.00. The rise is a 10.8-percent gain since May 21.

Gold is considered a safe bet for investors. It is a way of investing in cash or cash equivalence. Investors buying gold will purchase bullion, gold bullion coins like the American Eagle, or shares in a fund that maintains large stores of gold. There are many types of funds and ways to purchase shares in these funds, but it is not the same as owning the physical gold. Most reports are claiming that investors are interested in purchasing physical gold with bullion coins being the preference.

Investors make money by investing with what they consider a manageable amount of risk. If the risk pays off, they can make a lot of money. The risks that fail must be made up elsewhere. Investors diversify their portfolios to mitigate these risks. However, if the institutional and large investors are moving their monies to safe harbors, like gold, they sense a problem.

This relatively sharp jump in the price of gold is being driven by the major investors who are worried about the future of the U.S. economy. They see the various trade wars being detrimental to the economy. One economist said that the recent hike in soybean tariffs to China is going to have long term effects long after this president leaves office.

Although the United States is no longer an agrarian economy, agriculture plays a significant role in the country’s economic health. Upsetting that role that agriculture plays will cause long-term damage to the economy. The soybean tariffs are believed to be the driver that is scaring investors.

You may ask how are soybeans causing gold to rise?

As part of foreign policy in Africa, the government has been supplying countries with the proper climate the means to grow soybeans. It was a way to make the countries self-sufficient by helping create an economy. In many cases, the United States did not follow through on commitments to help with the infrastructure that is needed to create access to the markets. Countries needed irrigation and road improvements. Rather than helping with the upgrades, the United States government concentrated on the military aspects of these country’s problems. A policy of one-problem-at-a-time.

For at least 15 years, China has ignored the military issues and began to supply the money, supplies, and labor to fix the infrastructure. The Chinese government helped build irrigation systems, roads, and provided transportation to build these economies with the promise that China would buy their products.

Although there was significant Chinese investment in Africa, it was still cheaper to buy soybeans from the United States. That situation changed with the 25-percent tariffs placed on soybean exports. The tariffs raised the price of U.S. soybeans beyond what the Chinese would pay to the African exporters. Now China is importing soybeans from Africa while U.S. farmers are provided allegedly short-term subsidies from the federal government.

Now that the infrastructure is in place for China to import soybeans from Africa, the costs have reduced and is projected to have the long-term effect of lowering the U.S. market for soybeans in China. One economist said privately that even if the tariffs were reduced to pre-trade war levels, it might not make it economically viable for China to buy as much from the United States as it did in the past.

Institutional investors see the loss in revenue from China, the increased deficit in providing welfare to soybean farmers, and the danger of the business not returning to the United States. They also see the reduction of tariffs to Russia for wheat and that Russia is also looking to African and South American countries for wheat sources. The competition is making trade prices drop and is making it look like agriculture trade is in trouble.

If exports of United States agriculture are in trouble, then it will hurt the economy. With the uncertainty added to the risk profile investors and fund managers have to manage, they have turned to gold as the natural, safe harbor.

The rise in gold prices always helps numismatics. It helps boost the prices of gold and, by association, other rare coins. However, if the gold prices go up because of economic stress, it will not matter what happens to numismatic prices. Fewer people will be in the market to buy coins.

And now the news…

 June 26, 2019

Gold is a hedge against financial risk, and coins offer convenience.  → Read more at marketwatch.com


 June 26, 2019

COIN collectors can now get their hands on a Toy Story 4 50p piece – but you can’t use it in shops. The commemorative coin features popular character Woody in colour with the cowboyR…  → Read more at thesun.co.uk

Coin Collectors News
news.coinsblog.ws

 

Weekly World Numismatic News for June 23, 2019

1883 Liberty Head Nickel (Type 1)

1883 Liberty Head Nickel — Type 1, No “CENTS” on reverse (Credit: National Numismatic Collection, National Museum of American History)

A story that appeared in the Desert Sun seems to defy what some in the numismatics industry wants you to believe is successful collecting. The problem is that it is narrow in focus.

The article talks about the dealer’s held belief that successful coin collecting is about the hunt for the perfect coin. It is finding the right coin for your collection then making it better. Unfortunately, the more this industry holds on to these notions, they are scaring off potential collectors.

What the article and dealers do not want to tell you that it is perfectly acceptable to pick a set, topic, or series and find examples that are good or consistent with the rest of the collection. They tell you that you have to buy the coin in the latest piece of plastic with the highest number and graffitied with stickers. But what they do not tell you is that you can find better-looking coins at lower grades and many times without stickers or entomb in plastic.

One of the best looking collection I saw was a Liberty Head “V” Nickel set with all of the coins in extra fine (XF) condition. It is a more difficult collection to assemble than one might think. These coins were the workhorse of the economy. Their copper-nickel alloy was softer than the silver coins and wore quickly. It is challenging to find 19th-century coins in XF condition.

The set will not bring its assembler a lot of profit since the Liberty Head nickel is not in high demand. Instead, it is an accomplishment by a dedicated collector whose goal was to have fun.

Maybe that is the key to promoting the hobby. Let’s have some fun and stop worrying about what is the right or wrong way to collect!

And now the news…

 June 18, 2019

A gold coin that dates back to ancient Rome and was discovered in a field by a man with a metal detector has sold at auction for nearly $700,000.  → Read more at jckonline.com


 June 20, 2019

Why not get the kids off the computer and into something of lasting value?  → Read more at desertsun.com


 June 20, 2019

The archaeological excavations in Parion, a well-protected ancient city in Çanakkale, aim to shed light on the defense system of the city  → Read more at hurriyetdailynews.com


 June 20, 2019

Mickey Mantle and Hank Aaron were among the impressive collection.  → Read more at silive.com


 June 21, 2019

LANSING, Mich. — While attending the International Paper Money Show in Kansas City, Missouri late last week, the staff of Liberty Coin Service purchased an exceedingly rare 1736 mortgage document for land in Mooreland, Pennsylvania Province that was printed by Benjamin Franklin.  → Read more at fox47news.com

Coin Collectors News
news.coinsblog.ws

 

Weekly World Numismatic News for June 16, 2019

British CurrencyWhile the tech world is pushing for a cashless society and those listening with a tin ear follow them down this road beating the drums louder, regulators in the United Kingdom have pledged the ensure that cash remains available.

The Join Authorities of Cash Strategy Group, a UK cooperative agency made up of government finance and trade agencies along with the Bank of England issued a preliminary report that says there is a gap in the availability of cash, especially in less densely populated areas.

According to the research group, only 10-percent of people in the UK have gone cashless. Similarly, the United States, the Federal Reserve reports that 30-percent of all transaction and 55-percent of all purchases under $10 are cashless. The Fed also says that the amount of cash in circulation is rising.

Both the Fed and the Bank of England recognize that while the population centers may have more people considering going cashless, it is not universal across the entire population. Similar to the findings in the UK, less densely populated areas rely on cash more than their urban neighbors. Both countries are finding an increase in the use of debit cards rather than credit cards.

For numismatists, it means that the manufacturers of coins and currency will continue to produce their products, which gives us something to collect. That is good news!

And now the news…

 June 10, 2019

Detectorist Tom Thomas kept the rare artefact for nearly 30 years, not knowing its real value.  → Read more at bbc.com


 June 10, 2019

The South African Reserve Bank (SARB) and the South African Mint yesterday launched a new commemorative coin range of R2 and R5.  → Read more at brandsouthafrica.com


 June 11, 2019

When Kevin-Barry Martin goes for a walk, he’s not only interested in exercising or spending time outdoors. The 42-year-old St. John’s resident is part of a group called Newfoundland History Hunters, and he’s often on the move  → Read more at thechronicleherald.ca


 June 11, 2019

Trade body UK Finance has set up a taskforce, called the Joint Authorities Cash Strategy Group, to ensure cash is kept available to the millions who depend on it.  → Read more at thisismoney.co.uk


 June 12, 2019

Numisbing says it is planning to IPO on Nasdaq First North Stock Exchange in Stockholm next month  → Read more at arabianbusiness.com

Coin Collectors News
news.coinsblog.ws

 

Weekly World Numismatic News for June 9, 2019

The delay in the report was because I was traveling home from seeing my nephew graduate from high school. Although high school graduation may seem like something that did not require a long trip, it was necessary for me to see my nephew graduate. Since he is classified as “special needs,” this was a huge event in his life.

Although a stupid rule prevented him from graduating with honors (they moved in the middle of the year and did not spend enough time at the school), he did qualify for an academic award that covers all four years of high school. The award was a medal, which he wore along with an academic honor rope.

Medals are an interesting part of numismatics. They are not a currency but has been used as such. They have no value, but we attach importance to them. Medals come in all shapes and sizes and have their appeal.

Award medals are usually happy. They represent an accomplishment and in many cases worn as a proud sign of that accomplishment. Even medals awarded posthumously that provide reminders of the departed are appreciated because it represents the good within that person.

Medals may be one of the most underappreciated areas of numismatics. Maybe that should change. It might cause more people to become interested in the hobby.

And now the news…

 June 3, 2019

Details of a new collectable coin series was announced today by the Royal Australian Mint to celebrate 50 years since Neil Armstrong took “one giant leap for mankind”.  → Read more at news.com.au


 June 5, 2019

The use of smaller coin denominations is gradually becoming extinct as many…  → Read more at ghanaweb.com


 June 5, 2019

Dear Reader, As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going.  → Read more at jpost.com


 June 6, 2019

The coin sold for five times its estimate. A 30-year-old British man with a metal detector came across a small 24-carat gold coin the size of a penny this past March. Yesterday, it sold at auction for $700,000.  → Read more at news.artnet.com


 June 6, 2019

When it comes to honoring troops who made the ultimate sacrifice as they gained victory during the Normandy landings, it’s not partisan. House Minority Whip Steve Scalise (R-La.) is partnering with Rep.  → Read more at ijr.com


 June 7, 2019

THESSALONIKI, Greece – Police in central Greece have arrested a man suspected of dealing in illegally excavated antiquities who had allegedly placed an advert to sell ancient coins on a Greek website for second-hand items.  → Read more at foxnews.com


 June 8, 2019

It started with a hiker who plucked two curious objects from a bit of scattered trash, a discovery that launched months of speculation and investigation. Each wafer-thin bit of metal — one about the size of a quarter, the other a dime — bore strange inscriptions on either side, worn nearly smooth over time.  → Read more at azcentral.com

Coin Collectors News
news.coinsblog.ws
 NCIC: Stolen USPS (Jun 7, 2019)

 

Weekly World Numismatic News for May 26, 2019

In the argument as to whether to get rid of cash in favor of credit cards and electronic payments just took an interesting twist this week. According to a study by LendEDU.com, a website that specializes in loan comparison and education, credit and debit cards are dirtier and carry more germs than currency and coins.

LendEDU reported that they “used a scientific device that tests for bacteria on a given surface.” Their publication did not disclose the device that they used. And based on the results, the tests were performed in New York City.

On average, NYC CitiBike (a bicycle sharing service), McDonald’s door handles, a park bench, and a parking meter had more bacteria than the average credit card. But they did find that the credit card was dirtier than a Penn Station bathroom, cash, coins, and a subway pole.

With all due respect to LendEDU, did they find the most remote bathroom in Penn Station and test it after someone did their quick wipe down? And did they test the pole on the subway car after someone used that bathroom and washed their hands if the sink worked?

Aside from being a proponent for using the products produced by the Bureau of Engraving and Printing and the U.S. Mint, I am a native New Yorker and one-time commuter from Long Island. These findings are difficult to believe, especially the low score for the subway pole. I have taken the A Train. I would not have a sandwich without washing my hands after getting off the train!

It is a fun story but hardly a credible test.

If you would excuse me, I have to check the level of the big bottle of hand sanitizer next to the cash register!

And now the news…

 May 22, 2019

That credit or debit card in your wallet is apparently dirtier than you might have suspected.  → Read more at foxbusiness.com


 May 23, 2019

MONTREAL, May 23, 2019 /PRNewswire/ – In 1969, Plastic Ono Band (John Lennon and Yoko Ono) recorded Give Peace A Chance, an anti-war anthem for generations of pacifists and music fans around the world.  The song was recorded live from Lennon and Ono’s Queen Elizabeth Hotel suite in downtown Montreal  → Read more at finance.yahoo.com


 May 24, 2019

The recent discovery of two ancient Spanish coins near Halls Crossing excited archaeologists at Glen Canyon National Recreation Area, who wondered whether they offered evidence that Spanish explorers, possibly in search of mythical cities of gold, passed through Utah centuries ago.  → Read more at sltrib.com


 May 25, 2019

A US-made collectable coin lists Britain and France among the honored US allies in WWII, but, strangely, the Soviet Union, whose Red Army delivered a crushing blow to the Nazis in Europe and fought Japan, is omitted.  → Read more at rt.com


 May 25, 2019

Apparently, the Soviet Union, whose soldiers hoisted a red flag over the Reichstag marking the liberation of most of Europe from the Nazis during World War II, is not a country that contributed to securing the "liberties" the Western states "enjoy today", per a US company which issued a souvenir commemorating the victory's upcoming anniversary.  → Read more at sputniknews.com

Coin Collectors News
news.coinsblog.ws

 

Pin It on Pinterest