Weekly World Numismatic News for June 7, 2021

With the country reopening, there is a lot of activity arranged to make up for the lost time. It is going to make June a busy month that will delay the Weekly World Numismatic News posts. Stay tuned because I have a lot of good content coming!

Life in the United States is coming back. Although COVID-19 continues to be a concern, the vaccines seem to be mitigating many of the issues that closed down the country last year. According to many reports, the United States is doing better than other countries with vaccinations. The result is a decrease in the number of infections and deaths.

COVID-19 will change how we live life, at least for the next few years. Aside from the loss of family members, I am no longer shaking hands. I will fist-bump with someone. Maybe we should learn from the Japanese and bow in respect.

Another change is the reduction in handling items. When I go to a store, I continue to wear nitrile gloves. Even though science has proven that COVID-19 cannot live on surfaces for long times, studies have shown that a dollar bill can have more bacteria than a toilet seat.

The next question is what will happen at coin shows. When we go to shows, people will examine coins, currency, and exonumia before they purchase. Collectors will be digging through junk boxes, those long storage boxes, and flipping pages in notebooks. Collectors will handle slabs and flip through pages of the available books. While this is no different from shows in the past, the COVID-19 pandemic scared everyone. A result of the heightened awareness of viruses was a significant reduction in flu cases.

People traveling to long-distance shows will be required to wear masks in the airport and on airplanes. Show venues will continue to require people to wear masks and social distancing that will reduce dealer participation.

COVID-19 restrictions require the ANA to reduce the number of dealers to maintain social distancing. What we do not know are the other restrictions that the ANA will have to follow. Will there be restrictions on the number of people on the bourse floor? What about attendance restrictions on the peripheral sessions like Money Talks and the auctions? How will the exhibits be handled? What other restrictions will the ANA be required to follow?

It is good that life is resuming, but there are more questions than answers. Get vaccinated and stay safe.

And now the news…

 June 1, 2021
How many times have you weighed the little usefulness of the pennies you have in your purse? You may even have accumulated them and that you have them stored in a boat waiting to count them so that they can be exchanged for coins of more value or a banknote, but be careful that there is a special cent coin that could have a value of 50,000 euros So what maybe you have among those pennies that you hardly pay attention to.  → Read more at marketresearchtelecast.com

 June 3, 2021
Written by Oscar Holland, CNN Two of the most coveted items in stamp-collecting and one of the world's rarest coins could fetch a combined $37 million when they go under the hammer in New York next week.  → Read more at cnn.com

 June 4, 2021
Cincinnati, Ohio, June 04, 2021 (GLOBE NEWSWIRE) — Cryptozoologists worldwide are scampering to find Cincinnati, Ohio on the map and Osborne Mint on the web to see The Yeti and be able to capture the creature for themselves.   → Read more at globenewswire.com
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POLL: Are you going to attend the World’s Fair of Money?

Earlier this month, the ANA announced that the World’s Fair of Money will be held as scheduled. As part of the announcement, the ANA said that the show would be limited to 300 dealer tables to configured the bourse floor to allow for social distancing. Those attending the show will be asked to maintain social distancing, and masks will be required.

There are no indications as to whether there will be capacity or other limits. Other questions include how are they handling exhibits, room configuration for meetings and talks, and seating for the auctions? How will the banquet be handled?

I am not questioning the ANA’s commitment to health and safety. But I have personal concerns there. There are members with age-related health issues that have to consider their situation before attending. It would be nice if the ANA were more forthcoming about how the World’s Fair of Money will operate.

As we know of the situation today…

Are you attending the World's Fair of Money in August?






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Weekly World Numismatic News for January 31, 2021

This past week’s numismatic-related news is a lesson about how the industry has not adapted to the new environment.

First, Whitman issues a statement with a headline saying, “Baltimore Expo Prohibited Due to Mandated COVID-19 Restrictions.” Their release rightly mentions that Maryland is using the Convention Center to help fight the pandemic in Baltimore. As the largest indoor location in the city, it would be right to assume that the Baltimore Convention Center might be busy for some time.

Whitman then announces a “MEGA Bourse” for the June Expo. Unfortunately, the Atlanta-based Whitman does not consider the factual data of the progress and what the Centers for Disease Control and Prevention, also located in Atlanta, says about the pandemic’s future. The pandemic will be a significant issue in June, just as it will be in August outside of Chicago. It would have been better for Whitman to say that they will monitor the situation and make an announcement when appropriate.

Collectors who have attended several smaller shows report that the dealers or the participants are not following COVID-19 protections. One person in Texas reported that “about half” of the dealers were not wearing masks. Although the infection and death levels have plateaued, the United States reached 26 million reported cases, and U.S deaths from COVID-19 topped 441,000, including my father. The number of cases and deaths tops every other country in the world.

I understand that there is pandemic fatigue. We want to go back to some semblance of a life. We collectors want to go to shows, have club meetings, and do more collecting. I know because I want that! But the more we screw around and do not take this seriously. More people will get sick and die.

Even with considering the administration’s goal of 100 million vaccines in 100 days, it will take another 180 days to get enough people vaccinated to reach herd immunity levels. Assuming that nothing goes wrong, it is a total of NINE months.

Based on the information provided, it means we can start to return to normalcy by September or October. It also assumes everyone cooperates.

COOPERATE! Damn it! I want to go to a coin show!

And now the news…

 January 23, 2021
An "extremely fine and rare" Oliver Cromwell gold coin belonging to a Scarborough-based collector has sold at auction for a world record £471,200. The 50 shilling piece dates back to 1656 and was made by Thomas Simon, Cromwell's chief engraver.  → Read more at examinerlive.co.uk

 January 28, 2021
— A new U.S. coin honoring Christa McAuliffe, NASA's first "Teacher in Space," will help continue her educational mission 35 years after she and her six astronaut crewmates were tragically lost in flight.
  → Read more at collectspace.com

 January 30, 2021
New York Daily News | Jan 30, 2021 at 7:51 PM So much for finders, keepers.  → Read more at nydailynews.com
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Weekly World Numismatic News for December 20, 2020

As 2020 rages to a close, the damage on the numismatic world will carry over in 2021. This week, the American Numismatic Association announced the National Money Show’s cancellation scheduled for March in Phoenix. Earlier in the week, the February Long Beach Expo was canceled.

Previously, the January Florida United Numismatists (FUN) Show and the New York International Numismatic Convention. The Berlin Money Fair has canceled in-person events and will offer a virtual convention.

The U.S. Mint canceled coin launch ceremonies for the 2020 and 2021 America the Beautiful Quarters and American Innovation Dollars. Most are now virtual events.

The numismatic market appears strong based on the prices realized by the auction companies. With every auction company moving their auction online, many report better than expected returns from their auctions. Online auction services like eBay and HiBid report strong sales of numismatics across their platforms. Finally, the U.S. Mint is also boasting of enthusiastic demand, even with its online ordering system’s failures.

Other areas that are showing significant interest are where numismatics are including as part of other hobbies. The most significant growth is with the mints that are producing coins supporting the comic book industry. Some overseas observers report that sales of comic-themed coins produced by the New Zealand and Royal Australian Mints have shown increased sales as part of the holiday shopping season.

The numismatic industry appears to be doing very well. Too bad the numismatic organizations have not figured out a way to reinvent themselves to adapt to the current environment.

And now the news…

 December 11, 2020
 → Read more at smithsonianmag.com

 December 11, 2020
A design by student Ymen Riahi, who attends St Nicholas Middle School in Rabat, was chosen for the last of a series of five €2 coins from the ‘From Children in Solidarity’ programme. The €2 commemorative coin will be issued on 14 December 2020 by the Central Bank of Malta.  → Read more at newsbook.com.mt

 December 14, 2020
Life as we know it may have ground to a halt in 2020, but treasure hunters appear to be going about business as usual. Witness the UK, where amateur archeologists have turned up thousands of gold coins and other antiquities since the start of the pandemic.  → Read more at robbreport.com

 December 14, 2020
Half of all consumers believe that cash should be withdrawn from circulation in the next 10 years.  → Read more at irishexaminer.com

 December 15, 2020
COLUMBUS, Ohio (AP) — A former deep-sea treasure hunter is about to mark his fifth year in jail for refusing to disclose the whereabouts of 500 missing coins made from gold found in an historic shipwreck.  → Read more at timesleaderonline.com

 December 16, 2020
Berlin police raided homes and jewelry shops Wednesday on suspicion they could be connected to efforts to fence a massive 100-kilogram Canadian gold coin — piece by piece — that was stolen from a museum in the German capital.  → Read more at ctvnews.ca
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BREAKING NEWS (Corrected): ANA VOTES TO CANCEL NATIONAL MONEY SHOW

In a meeting this afternoon, the American Numismatic Association Board of Governors voted to cancel the National Money Show that was to be held in Phoenix, Arizona.

The vote was 7-2 with President Steve Ellsworth and Governor Mary Lynn Garrett voting against the measure.

The ANA has not made an official announcement pending discussions with the Phoenix Convention Center. The Board discussed the potential to schedule a future show in Phoenix.

This is breaking news. More to come…

NNP Symposium 2020 Was A Success

This past weekend, the Newman Numismatic Portal (NNP) sponsored the NNP Symposium. For three days, NNP used Zoom to facilitate 38 sessions about different aspects of numismatics. The topics covered everything from U.S. and foreign numismatics to discussions about the industry. The Numismatic Bibliomania Society held its Annual Meeting via Zoom, and Matt Dinger & Mike Nottelmann did a live version of The Coin Show. After listening to them for a while, I now see what they look like — I do not know if that is a good or bad thing.

I was able to attend several of the sessions and deliver one of my own. Every session I attended was interesting and informative. The only complaint I had was that I could not attend every session. However, the NNP recorded each session and will be making them available online.

If you wanted to attend the symposium, you had to register to receive the Zoom credentials. There was no cost to register and no restrictions on the device you used. I attended the session before mine, presented by Doug Mudd, using my iPad. Since he went a little long, I was able to log into my session on my computer while watching the end of Doug’s on my iPad.

The entire numismatic community must commend the NNP and Lianna Spurrier, who coordinated the online event. Spurrier did the call for speakers, training sessions with the speakers, and probably a lot more behind the scenes we did not see.

As a member of the Numismatic Literary Guild, if there is an award for excellence in facilitating education, please allow me to nominate Spurrier for the award.

The NNP Symposium came due to an unusual set of circumstances that has seen the ANA’s Summer Seminar and every major coin show canceled. The NNP hit a homerun with its effort. The symposium was such a success that I hope the NNP makes this an annual event.

Weekly World Numismatic News for August 30, 2020

9th Century Gold Dinars

Hoard of 9th Century Gold Dinars found during an excavation in Israel (Credit: Robert Kool/Israel Antiquities Authority via CNN)

There were two items this week of a particular note. First, two Israeli teenagers found a hoard of gold coins that experts say date back to the 9th century.

The jar of coins found consists of 425 24-karat gold coins weighing 845 grams (1.86 pounds). Most of the coins are cut to that were once used as change.

The Israel Antiquities Authority (IAA) says that the area was under the rule of the Abbasid Caliphate. Their rule spread from modern-day Algeria in the east to Afghanistan in the west from 750–953 when Shia opponents overthrow the caliphate. There were many successors to the Abbasid Caliphate. They joined together in 1157 to create a cooperative empire that was eventually overthrown by 1258 by Mongol forces.

Finding a hoard of gold coins and the surrounding artifacts will help archeologists learn more about the region’s commerce. Once again, numismatics helps scientists better understand our history.

The following video from the IAA talks about the project and finding the coins.

The other news is the conclusion of what was a successful Newman Numismatic Portal Symposium 2020. The symposium, held online using Zoom, had several interesting speakers and presentations. Although NNP has yet to publish its final statistics, the sessions I attended were well done and seemed to be well attended.

My session, “How to Identify a Potential Scammer BEFORE Buying Coins Online,” was attended by more than 60 people and generated about a dozen questions. It was a great experience.

I will have more to say about the NNP Symposium in the next few days.

And now the news…

 August 24, 2020
Two Israeli teenagers on summer break unearthed a trove of hundreds of gold coins that date from 1,100 years ago.  → Read more at edition.cnn.com

 August 26, 2020
Are you looking for ways to tell if your silver is authentic?—the “real McCoy”? There are several ways you can determine whether your silver is real. In fact, some of the best silver test methods are quite easy and can be done right at home.  → Read more at gainesvillecoins.com

 August 28, 2020
On October 15, 1794, Henry Voigt, the Chief Coiner of the United States, hurried nearly 2,000 silver coins to the desk of David Rittenhouse, the Director of the United States Mint. That day marked a milestone in the making of a country: Two years after Alexander Hamilton established the Mint under President George Washington, the first dollars had been minted.  → Read more at atlasobscura.com

 August 28, 2020
Oleksandr Alfyorov / Facebook  → Read more at unian.info

 August 28, 2020
Somebody stole a very pricey potty last year from the restroom of a palace in England. But the police still don’t know who did it and have been trying to find out ever since.  “The toilet is still missing,” a Thames Valley Police spokesman confirmed to USA TODAY Aug.  → Read more at usatoday.com
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Weekly World Numismatic News for August 23, 2020

On August 28-30, 2020, the Newman Numismatic Portal is hosting the virtual NNP Symposium 2020. The symposium will be presentations by numismatists from around the world delivered online and for free.

Think of it as a weekend of Money Talks seminars delivered online so that you can participate anywhere. All you need is an Internet connection and Zoom. To attend a session, download the appropriate Zoom client for your computer or mobile device, register online, receive the access information (which is why you have to register), and attend.

Registration is for the entire conference, not an individual session. You can attend any session at any time without registering again.

Each session is one hour. The presenter will deliver their talk in 30-45 minutes, leaving time for questions.

If you miss a session or cannot attend, the people at NNP will record the sessions and make them available online. The only difference is that you will not be able to ask a question in real-time.

Finally, suppose you want to know what I look at to determine whether a website is potentially going to sell you counterfeit coins. You can attend “How to Identify a Potential Scammer BEFORE Buying Coins Online.” Check your registration listing for the time and access information.

And now the news…

 August 18, 2020
Myrna Pokiak, an Inuvialuk artist in the N.W.T., designed the new N.W.T coin celebrating 150 years of joining confederation. (CBC)  → Read more at cbc.ca

 August 18, 2020
© DC Thomson Gary Pirie with some Commonwealth Commemorative coins from his collection. Collecting coins has been a life mission for 52-year-old Gary Pirie who started with a half crown at the tender age of nine.  → Read more at eveningtelegraph.co.uk

 August 21, 2020
(Kitco News) – With gold prices finding strong resistance around $2,000 an ounce the market has become a two-way street and the price action could be fairly volatile as short-term sentiment continues to drop, according to the latest results of the Kitco News Weekly Gold Survey.  → Read more at kitco.com
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 NLG announces 2020 awards winners (Aug 19, 2020)

 

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Weekly World Numismatic News for August 16, 2020

Whitman canceled the November show in Baltimore because the city continues to use the convention center as a staging area for COVID-19 emergencies. Although the number of cases in the Baltimore area has decreased, city and state health officials warn of a spike that will require the use of the convention center.

Nearly every health expert, including the Centers for Disease Control and Prevention (CDC) located in Atlanta, has issued warnings of a second wave combined with the seasonal flu will cause a significant public health risk. Rather than cancel the show, Whitman Expo manager Lori Kraft said that they are “working on an alternate show venue.”

This past week, the Virginia Numismatic Association (VNA) canceled its annual show scheduled for September. They hold their show in Fredericksburg, Virginia, about 50 miles south of Washington, D.C.

The Pennsylvania Association of Numismatists (PAN) hopes that the Monroeville Convention Center (outside of Pittsburgh) will be able to hold their Fall Show at the end of October. Currently, the venue is restricting events to those with 25 attendees or fewer.

States in the northeast continue to have restrictions similar to those in Pennsylvania. Going east to Illinois has similar issues.

If Whitman keeps the show on the east coast, the only place left for them is in Georgia, where they are located. As much as it pains this University of Georgia alumnus to admit, the fellow alum that sits in the state governor’s office has made Georgians’ health and safety a source of political tension.

The year is more than half-over, and the infection is getting worse. Virus hot spots have moved out of the northeast into states where health and safety have been politicized, including Georgia. Leaders are not listening to the medical community, and people are paying with their health and lives.

It is time to admit that 2020 is a lost year. It is time for everyone to adapt to what we have today and plan for the future. It is time for Whitman to cancel the Expo for 2020.

Plan now for a better future when it is (hopefully) safer.

Everyone please stay safe and healthy!

And now the news…

 August 10, 2020
Staff at the North Carolina Aquarium at Pine Knoll Shores turned off a 30-foot waterfall and collected all the coins visitors had thrown into the water to make wishes. After cleaning the money, they'll put it toward the aquarium's expenses.  → Read more at npr.org

 August 10, 2020
Gold Last Tuesday somebody told Gold buyers that it’s normally hot in the month of August. Then the Gold price broke above the key $2,000 resistance level and it kept on going.  → Read more at kitco.com

 August 11, 2020
The Museum of West Bohemia in Plzeň has announced the discovery of hundreds of silver and gold coins from the 14th century. The treasure, unearthed in a forest near the Kladruby Monastery in the region of Tachov, is believed to be one of the biggest troves of gold coins unearthed on the territory of the Czech Republic.  → Read more at english.radio.cz

 August 12, 2020
Gold is hot. Record-breaking prices and demand for gold bullion have thrust the yellow metal back into the media spotlight.  → Read more at energyandcapital.com

 August 12, 2020
Anti-National Socialism political activist and student Sophie Scholl will be commemorated on a special coin, said the German Finance Ministry on Wednesday. The €20 ($23) sterling silver collectors coin will be issued in April 2021, timed to coincide with Scholl's birthday.  → Read more at dw.com

 August 13, 2020
I heard about the coin shortage on the news. Maybe it's from people wishing 2020 will be over. OK, all jokes aside, it turns out to be just a disruption in coin circulation.  → Read more at marshfieldmail.com
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ANA to hold 2023 WFM in Pittsburgh

According to a source, the American Numismatic Association Board of Governors voted to hold the 2023 World’s Fair of Money in Pittsburgh. As part of the selection, the “ANA will be seeking a better deal from the venue than they got in 2020.” If they do not get a better deal, the source interpreted the discussion that the ANA will look elsewhere.

The vote was 7-2 in favor of the decision. President Steve Ellsworth and Governor Mary Lynn Garrett voted against the measure. Both believe that the show should exclusively be in Rosemont.

I have come out against holding the ANA premiere show in one location. Moving it around the country will help reach more people and include its educational agenda in more places. While I love Chicago and have friends in the Chicagoland area, moving the show is in the best interest of the ANA.

For a hobby that is not seeing growth and is having difficulties with diversity amongst its membership, having a traveling show should be an invitation to potential members.

I am still holding out hope for holding the World’s Fair of Money in Washington, D.C. While there have been roadblocks in the past, the environment for making the District more welcoming to the ANA a possibility. I have a few ideas to welcome minority communities to introduce them to numismatics. It would work well in the Washington community.

With all due respect to Ellsworth and Garrett, you miss out on an opportunity to reach out to potential new members. You have to look beyond your self-interests and work for the good of the association!

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