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Gold, silver remain foundation of freedom

In last week’s column, I described how today’s government-created circulating coins and currency do not meet all of the functions of money. Specifically, while they may serve as a temporary medium of exchange, government-created currencies do not serve the function … Continue reading

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Butler’s medal honored efforts of black troops

When the Civil War began in April 1861 the aim of the Northern government was to restore the Union. Nothing was said about slavery as it was hoped that the South would rejoin the rest of the country without too … Continue reading

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Knight’s PCDA sale offers plenty

World notes, U.S. nationals, large-size type, small-size and a strong selection of Military Payment Certificates highlight Lyn Knight Currency Auctions’ upcoming PCDA auction in Rosemont, Ill. The sale is being held in conjunction with the 32nd Annual Professional Currency Dealers … Continue reading

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Swedish coins nickel-free

Last October the central bank of Sweden, Sveriges Riksbank, began issuing new 1-, 2- and 5-krona coins to replace the existing coins of the same denominations. The new coins are smaller, lighter and nickel-free. The new coins have different milled … Continue reading

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‘Chief’ signature set a sure draw

The offering of a complete signature set of 1899 $5 Silver Certificate “Chief” notes, 11 notes in all, is sure to be a highlight of the currency selections in Kagin’s Auctions’ March 9-10 sale in Orlando, Fla. Kagin’s Auctions is … Continue reading

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Meiji gold dominates Heritage NYINC sale

Heritage Numismatic Auctions launched 2017 in spectacular fashion when its NYINC World Coins Signature Auction, held Jan. 8-9, realized $15,625,761. Twelve gold coins fetched in excess of $100,000 apiece. Of that number, six sold for over $200,000. These results reflect … Continue reading

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BEP offers birthday note

The Bureau of Engraving and Printing has released the 2017 Happy Birthday Currency Note, featuring a Series 2013 $1 note with a serial number beginning with “2017xxxx.” The note is protected by a clear, acid-free polymer sleeve in an attractive … Continue reading

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Flood of commemoratives hurt Roanoke half sales

Perhaps plans should not have been made for commemorative coins in 1937. Poor sales were likely regardless of subject matter, because there had been far too many issues the previous year. Back then, however, the relationship between too many issues … Continue reading

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Ernst declares candidacy for ANA

Nebraska hobbyist Mitch Ernst has declared for a seat on the American Numismatic Association board of governors in this year’s election. The Omaha-based Ernst writes, “My entire family can be seen at coin club meetings, coin shows and conventions lending … Continue reading

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Metal prices affect common dates

What is the true impact of the spot price of precious metals on the value of our previously circulating silver and gold coins? A majority of the circulation strike gold and silver coins are common, due either to their date … Continue reading

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