Bold new coin collecting age in China

I am just back from China. I was in the country for five days to attend the Beijing International Coin Exposition. It was my first visit. I learned much. The differences between American coin conventions and the one in China are stark. Imagine how it would be if the United States Mint owned and organized […]

U.S. Mint Gold Coin Sales and VIX Point To Increased Market Volatility and Higher Gold

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U.S. Mint Gold Bullion Coin Sales Dive as Buyers Take Advantage of Secondary Market

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article60392.html The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Is This the Top for the Cryptocurrency Craze? Introducing Jesus Coin

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article60342.html The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Coin collecting spreads its influence

If I said there are more coin collectors now than at any time in history, you would probably think I am crazy. There are few Young Numismatists, you would say. The primary cohort of collectors is aging and leaving the hobby, you would say. Prices are getting so high for certain United States Mint offers […]

World turns, so do spinning coin holders

Can a quarter holder that looks like a large snowflake attract youngsters? That is the hope of a Phoenix, Ariz., inventor named Elia Martinez. Each snowflake has room for five quarters. There is a hole in the center, allowing each one to be stacked on a peg and spun like wheels on an axel. Five designs were […]

Billion dollar U.S. coin not a fantasy

What will be the first billion dollar U.S. coin rarity? Sounds ridiculous? Don’t bet against it. In the last 50 years, the major rarities like the 1804 dollar and the 1913 Liberty Head nickel have gone up in value by 100 times. Now some of that is inflation. The price level generally has gone up […]

Does anyone care about regular coin mintages?

Have you ever taken a 30-year vacation? In one way, I did. When I joined the staff of Numismatic News in 1978, one of my tasks was to write up the monthly coin production at the U.S. Mint. Collectors used to faithfully follow numbers to guess what might prove to be scare that year. The […]

Time to focus on enhanced coin quality

Quality. Every collector knows the better the quality of a coin, the higher the price. Does the Mint? A reader emailed me his observations about the Enhanced Uncirculated Sets he ordered last week. He has gotten delivery already. Kudos to the Mint for the rapid turnaround. The logistics are working well. Now back to quality […]

FOUND: 100 Kilo Gold Maple Leaf Coin Stolen from Berlin Museum Melted Into Gold Bar

By CoinWeek News Staff …. Police involved in the July 12 raids in relation to the March theft of the 100 kg “Big Maple Leaf” gold coin from the Bode Museum in Berlin are reporting that a 100 kg gold bar was recovered during those raids in the Neukölln district. One of the four minor […]

Coin collecting the opposite of hoarding

I saw a CNBC story today that said Amazon founder Jeff Bezos is on his way to becoming the richest man in the world. His company is on its way to becoming worth $ 1 trillion. It doesn’t all belong to him, but a couple of hundred billion dollars can have a serious impact wherever […]

Correct coin price in the eye of the beholder

Coin collectors tend to argue about prices. Our difficulty as a group is that sometimes there is an assumption that there is one correct price. Anything above it means the coin offered is being offered by a crook. Anything less means the coin is a steal and the seller is not properly informed, or even […]

We’ve lost a giant in the coin collecting field

Leon Hendrickson died Sunday. He was 90 years old. But his attitude toward coin collecting was always one of youthful enthusiasm. In life some people are positive. Others are not. Leon was positive on steroids. I guess that is what you have to be to found a successful coin and bullion business like SilverTowne of […]

CoinWeek News Wire for July 21, 2017: The Hobby Under Fire, Endangered Cash, & Coin Crime

By Coinweek …. CoinWeek News Wire for July 14, 2017:  The War on Cash 2: This Time It’s Personal 1.) ‘CASH ESSENTIAL TO PERSONAL FREEDOM’ – EUROPEANS PUSH BACK The biggest cited concern for respondents was the threat the cash restrictions would pose to privacy and personal anonymity. A total of 87% of respondents viewed […]

Here’s my pitch about coin basics

Start with the basics. You can’t be the star player of the Chicago White Sox without a good grounding in baseball early in life. There are basics in coin collecting, too. One of the most important is knowing how to grade. The American Numismatic Association is here to help you. Our national collector organization says […]

Time to ‘hedge(hog)’ our coin bets?

I was out early this morning. I passed a pet shop on my way to work. On the front of the building was a sign that caught my eye. It proclaimed, “Hedgehogs $ 199.99.” Really? Hedgehogs are pets? I didn’t know. Is this a new trend? I have no idea. This is probably how many […]

Coin collectors opposite of fickle

Are you fickle? I’m not. I’ll bet you aren’t either. I have been a coin collector for nearly all of my life. I’ll bet you have been a collector for a long time as well. Year in and year out we are loyal to our collecting goals and spend money accordingly. That is not to […]

German Police Make Arrests in Theft of 100 Kilo Big Maple Leaf Gold Coin

No sign of the “Big Maple Leaf”, worth over $ 4 million US By CoinWeek News Staff ….   Last week, German authorities released closed-circuit surveillance footage of three suspects allegedly responsible for the March 27 theft of the 220-pound “Big Maple Leaf” gold coin from the Bode Museum in Berlin. Ultimately, however, the suspects […]

How many hard core gold coin buyers are there?

Gold coins are expensive. Most collectors can afford to buy one from time to time, but not to build annual sets. That’s why last year’s 100th anniversary Mercury, Standing Liberty and Walking Liberty gold coins were so popular. It is also why the smallest and least expensive had the highest demand of all. There simply […]

When is a coin find not a coin find?

Searching change for collectible coins is catching. I’m glad it is true. It does not always occur in the way we collectors understand it. I made a run down to my mother’s house over the weekend. My last visit a couple of weeks ago resulted in my writing about the lack of 2017-dated coins in my change. […]

Coin questions are worth a premium

If you have ever watched a helium balloon accidentally float off into the sky, you know how important it is to stay tethered to the ground. The same is true for coin collectors as a group. There are many interesting things to do in a numismatic lifetime, but the first thing you need to do […]

The Story Behind Continuing Strong Gold Bullion Coin Demand

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Coin Designer Joel Iskowitz Wins Award for Borinqueneers Congressional Gold Medal

By CoinWeek News Staff …. The prolific Joel Iskowitz, a Master Designer at the United States Mint, is responsible for over 30 coins and over 16 medals since joining as part of the Artistic Infusion Program in 2005. And, as of May 22, his design for the 2016 Borinqueneers 65th Infantry Regiment Congressional Gold Medal […]

14 Precious Metal Terms All Bullion Coin Buyers Should Know

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Ultimate rooster coin weighs in at 10 kilos

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Indiana Church Strikes Gold with Early “In God We Trust” Rare Coin

An historic 1866 Double Eagle, one of only 10 known examples, survived an attempted theft and was donated to a Valparaiso church. It could now bring $ 300,000 or more when offered by Heritage Auctions A valuable 19th-century U.S. gold coin featuring one of the earliest uses of the motto “In God We Trust” will […]

British Museum: Exclusive Video of Piano Gold Coin Hoard

By CoinWeek News Staff ….   Earlier this year, the British public–along with the rest of the world–was invited to help solve the mystery of a 913-piece gold coin hoard hidden inside a vintage piano donated to a local community college in 2015. The 91.7% pure gold coins, 633 sovereigns and 280 half sovereigns dating […]

Mint seeks Apollo 11 coin artists

A coin design competition begins May 1 to find a design for the four 2019 Apollo 11 anniversary commemorative coins. I say design because it is literally a search for one design to be used on the obverses of all the commemorative coins. The United States Mint is going to execute a common reverse internally […]

New book aimed at proof coin lovers

Roger W. Burdette has written a new book. The intrepid researcher has titled it, United States Proof Coins 1936-1942. What a rich vein of information he has mined. When I was a kid ordering my first proof sets from the U.S. Mint in the 1960s, I envied the collectors who could afford to buy the […]

New Miss Liberty $100 gold coin arrives today

Got a spare $ 1,640? The Mint hopes so. It has a goal of extracting $ 164 million from the collector coin field. Can it do so? We will find out starting at noon Eastern Daylight Time today when the American Liberty 225th Anniversary one-ounce gold coin goes on sale. It features the allegorical figure […]