Author Archives: NMN

PCGS creates new holder

A new holder has been introduced by the Professional Coin Grading Service. It will help preserve the coins in them as well as fight counterfeiting, the firm says. The completely redesigned holders include an embedded hologram and a Quick Response … Continue reading

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Philippines to make coin hoarding illegal

By Richard Giedroyc You know you have a bad economic situation when your government makes it clear candy is not legal tender and cannot be used as a substitute for coins when making change. Making change by substituting candy for … Continue reading

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Pakistan works on currency problems

By Richard Giedroyc The Finance Department of the Bank of Pakistan, Pakistan’s central bank, announced March 31 that all banking businesses should stop re-issuing older design 10- and 100-rupee bank notes. According to the March 31 The News Teller newspaper, … Continue reading

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Watermelon $100 tops CSNS sale

An 1890 $100 “Watermelon” Treasury Note, Fr. 377, from the Eric P. Newman Numismatic Education Society was the top lot in Heritage Auctions’ Central States Numismatic Society Currency Signature Auction, April 22-28 in Chicago. The rarity, noted for its zeroes … Continue reading

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Holey Dollar goes to auction in July

The pierced five shilling coins issued in New South Wales in 1813 are an integral part of Australian history. They glory in the name “Holey Dollar.” Less than 100 are believed to still exist. Most show their age. High grade … Continue reading

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Gardner Part Three brings $13.78 million

Part III of the Eugene H. Gardner Collection of U.S. Coins, the third of four unreserved auctions presented by Heritage Auctions, realized $13.78 million in a completely sold-out auction on May 12 at the Waldorf Astoria in New York. “The … Continue reading

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Salvagers recover over 100 tons of silver coins

A ship sunk in World War II on a voyage from Bombay to England has been recovered along with 100 tons of silver worth about $50 million. BBC reported the S.S. City of Cairo salvage operation was completed in September … Continue reading

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Mint plans to add jobs

The U.S. Mint plans to hire 86 people in the coming weeks, said Tom Jurkowsky, director of the U.S. Mint Office of Corporate Communications on May 7. Coin production levels at the Philadelphia and Denver Mints is projected to be … Continue reading

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March of Dimes set sells out

For a few days it was a nail-biter, but on May 12 74,664 March of Dimes Special Silver Sets had sold after being first offered starting May 4. It was for all purposes a sellout. The U.S. Mint website said … Continue reading

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Catalana euro coins illegal

By Richard Giedroyc There are sufficient numbers of fantasy euro coins out there for the euro to become the focus of a coin collection. While there are plenty of countries that issue legal tender euro coins, there are euro fantasy … Continue reading

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