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Irish soon to be penniless

By Richard Giedroyc Ireland hopes to follow the example of several other European Union currency union members by ceasing production of its 1- and 2-cent coins. The recommendation made June 14 by Ireland Minister for Finance Michael Noonan to the … Continue reading

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Coins, bank notes or virtual money?

By Richard Giedroyc Fiat money began replacing specie during the early 20th century when the world stopped using gold coins in circulation. By the 1960s the process was complete. Circulating silver coins were replaced by those composed of base metal. … Continue reading

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2015 Coin and Currency set on sale Aug. 24

The 2015 $1 American Coin and Currency set combining a Native American dollar with a $1 Federal Reserve Note will go on sale on the U.S. Mint website Aug. 24. Price will be $14.95. The maximum number that will be … Continue reading

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No dollar collapse in October

Selling subscriptions to financial investment newsletters is tough. First, the writer needs to be perceived as knowing what he or she is talking about. Second, they also need to scoop other sources on coming out with new information first.  Third, … Continue reading

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July gold sales double previous best

The Mint was on a tear as July ended. It sold 46,000 ounces of gold in a week to Authorized Purchasers to reach a monthly total of 164,500 ounces by July 29. This is more than double the amount for … Continue reading

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Hungry for Eagles

By Dave Harper and Connor Falk Silver American Eagle one-ounce bullion coins were put back on sale July 27 by the U.S. Mint. The Mint had run out of the coins in early July. It took almost three weeks to … Continue reading

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Homestead doubled die count: 60

The discovery of a 2015-P Nebraska Homestead America the Beautiful quarter with a strong doubled die reverse that I reported in the May 12 issue of Numismatic News was just the beginning. Sharp-eyed collectors have added another 59 of these … Continue reading

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Specimen set leads ANA auction

A complete denomination presentation set of small-size Federal currency specimens ($1-$10,000) consigned by the family of Assistant Treasury Secretary Henry Herrick Bond, who led the changeover from large-size to small-size U.S. paper money, is expected to sell for $500,000 in … Continue reading

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Rare Nevada notes in auction

A large-size $10 from the McGill National Bank leads a group of 58 Nevada National Bank Notes that will be offered in a Holabird Western Americana Collections auction Sept. 11-13. The $10 note might be unique, Holabird said, and he … Continue reading

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Dix Noonan Webb sells Irish Rebellion gold

One of the world’s rarest and most desirable gold coins is to be offered by Dix Noonan Webb as part of their Sept. 15-17 sale in London: an “Ormonde Money” pistole dating from 1646, KM-67. It is just one of … Continue reading

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