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PNG Formalizes New Coin Doctoring Definition
The Professional Numismatists Guild (PNG) has created a definition of coin "doctoring" and now officially included it as one of the prohibitions in the organization’s By-Laws.
"The deliberate and unacceptable alteration of a coin in an effort to deceive is a complex matter. Everyone seems to know what coin ‘doctoring’ means, but it’s a difficult thing to concisely and substantively define," said Paul Montgomery, PNG President.
PNG Formalizes New Coin Doctoring Definition...
Why gold is off its highs, but not for long
Less than three weeks after gold surged to record highs, the precious metal has scaled back about 5% and is hovering once again around $1,200 an ounce.
On Thursday morning, gold for August delivery -- the most actively traded contract -- was down $7.50, or 0.63%, at $1,191.40 an ounce.
But the two major factors behind the precious metal's recent highs around $1,250 -- Europe's debt woes and volatile stock markets -- are still major concerns. So what gives?
Why gold is off its highs, but not for long...
World's Biggest Gold Coin Auctioned for $4.02 Million
The world’s largest gold coin, a Maple Leaf, sold for 3.27 million euros ($4.02 million) at an auction in Vienna.
Spain’s Oro Direct bought the coin, which has a face value of C$1 million ($960,000), Dorotheum spokeswoman Doris Krumpl said. The coin, made of pure gold, weighs 100 kilograms (3,215 ounces) and is 53 centimeters (21 inches) in diameter, according to the Dorotheum’s website. The coin is worth $4 million, based on the metal’s price yesterday.
World's Biggest Gold Coin Auctioned for $4.02 Million...
$100,000 Find
First there was one, then three and now there are four 1969-S Doubled Die Obverse No. 1 cents that have been found by collectors within just the past three years.
Such a find is financially rewarding. One of them sold for $126,500.
The valuable variety shows strong hub doubling on the date, LIBERTY and IN GOD WE TRUST.
Call for Volunteers at the RCNA Convention
As everyone is aware the Saint John Coin Club is holding the RCNA Convention this Summer 14 - 17 July 2010. The Saint John Coin Club has sent us a request to any member that is attending the RCNA Convention this summer to help out. With many of their members occupied with other duties, they are looking for volunteers to man the Main Admission Table, two people are required to man the table at all times.Time frame for their request would be for Wednesday 9 AM on - doors open at 10 AM and would close around 5:30 PM range. The Saint John Club is asking if any members are interested in lending a hand, even if it is for a few hours at a time. If so the Saint John Coin Club would like to hear from you.
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Wrong Date on Taylor $1 Edge
Discovery of a Zachary Taylor Presidential dollar with a 2010 date instead of 2009 has caused the U.S. Mint to recall 700,000 of the Taylor dollars already in the process of being released in hopes of preventing others from getting into public hands, Numismatic News error specialist Ken Potter reports.
Wrong Date on Taylor $1 Edge...
2009 International Year of Astronomy 1oz Silver Proof Coin
As part of the worldwide celebration, the Perth Mint has released the International Year of Astronomy 2009 1oz Silver Proof Coin. The colorful reverse is a beautiful example of the creativeness associated with the Perth Mint.
2009 marks the 400th anniversary of the creation of a powerful telescope by Galileo. To remember this significant achievement and to foster interest in the field, over 137 countries are participating in the International Year of Astronomy.
2009 International Year of Astronomy 1oz Silver Proof Coin...
Gold coin dropped in Christmas kettle
A donor plopped a gold coin into a Christmas kettle in a Calgary shopping mall, but despite the generous gift, the local Salvation Army is hundreds of thousands of dollars short of its goal.
The coin was dropped off at CrossIron Mills mall on Tuesday, but wasn't noticed until office staff later opened the kettle and found the coin, worth about $1,200.
$1200 Gold coin dropped in Christmas kettle...
China Issues Commemorative Silver and Gold Panda Coins
Commemorative Silver and Gold Panda Coins...
The history of the $100 Union Coin - New York Mint
Numis Network Founders Discuss Numismatic Coins
Austrian Railways Series
The fifth coin in the series "Austrian Railways" to be issued on 17th June, 2009, is dedicated to the electric train. What began as a fair ground attraction in 1880 in the Vienna Prater rapidly became the most revolutionary step in transportation since the harnessing of steam almost a century before.
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Unique World Banknote of the Day
April 23, 2008
1922 German 10000 Mark note
Unique World Coin of the Day
January 17, 2010
2009 International Year of Astronomy 1oz Silver Proof Coin
Weekly Trivia
February 23, 2010
Here are this weeks questions:
What are the two varieties of Lousiana Purchase Exposition commemorative gold dollars?
AnswerJefferson obverse, McKinley obverseWhat is the monetary unit of Italy?
AnswerLiraWhat feature of Andrew Jackson has gradually disappeared since first used on US paper money?
AnswerHis fingersA coin bearing a 'P' mint mark was struck at what US mint?
AnswerPhiladelphia MintWho wrote "Hight Profits from Rare Coin Investment"?
AnswerDavid BowersWeekly trivia is brought to you by our friends at CoinCollector.org
Featured Coin Article
Challenge Coins - What Are They And How Are They Used?
Herman, June 28, 2007
The history of the challenge coin began in World War I. Each member of an American flying squadron owned a bronze medallion. While in German captivity, an American flying squadron member was able to escape, but later was recaptured by the French. The French almost executed the American not knowing he was a friend. Fortunately one of the French recognized the bronze medallion that the American was wearing and spared his life.
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Featured Stamp Article
Stamps Collecting has Never Been So Easy
Dave Carter, August 4, 2006
Collecting stamps has been a popular pastime ever since there were stamps to collect. Collecting stamps has never been easier and collecting isn't just for the gray-haired gentleman who spends his days poring over his stamps.
When collecting stamps, it's important to have at least some definition of what you're hoping to achieve. Some people collect only historical stamps. That is, they're only looking for the old, rare stamps that are highly sought and prized by collectors. This is a noble goal, but probably not much fun for those without the finances to make those rare purchases. If you're simply looking for a great hobby, start searching for unusual stamps or collect stamps postmarked in other states and/or countries.
Featured Upcoming Event
AUG. 28, Florenceville, NB
Collectors Show and Sale, Florenceville Kin Centre, Highway 110. Hours: 10 a.m.to 3 p.m., admission $2, 16 years of age and under free. For more information, contact Gerald, telephone 506-392-6207; or Paul, telephone 506-392-6111.