Author Archives: David L. Ganz

Right to own gold due to Phil Crane

Philip Crane, a former conservative member of Congress who put together a coalition of diverse interests in that body to legalize private gold ownership in 1974, after a 40 year ban, died Nov. 10 at age 84. It was a … Continue reading

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Senate candidate seeks return to gold standard

Return to the gold standard is called for by a New Jersey U.S. Senate candidate. Jeffrey Bell, a fiscal and economic conservative, is challenging Sen. Cory Booker, D-N.J. in the Nov. 4 election on this numismatically related proposition. Bell says … Continue reading

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Convicted Mint thief sentenced

William Gray, the 65-year-old police officer with the U.S. Mint in Philadelphia who was arrested Sept. 9, 2011, and charged with the theft of more than $2 million worth of numismatic dollar coin errors, has been sentenced to three years in jail and three years of subsequent supervision. Continue reading

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Final OTACS meeting set for Philly

Former members of the U.S. Assay Commission, which met every year from 1792 until 1977, except for 1815 when the Mint burned, are slated to meet at Philadelphia Aug. 8 to coincide with the anniversary convention of the American Numismatic Association. Continue reading

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Guess who is still looking at rolls?

Coin collecting began for me in 1960 when I started looking at my pocket change and found, to my surprise, that one of the coins – a cent with a gentle Indian portrait – was different from the run-of-the-mill coins bearing Abraham Lincoln’s portrait. Continue reading

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Twain commem bill passes House

Samuel Clemens once remarked that rumors of his death were premature. For the past half dozen years, it seemed that rumors of a move in Congress to commemorate him shared that fate. Continue reading

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Cents and Nickels down but not out

Rep. Ron Paul, R-Texas, is running for President of the United States and also chairs the House subcommittee that oversees coinage. So on April 17, a hearing on “The Future of Money: Coin Production” was called and held before his House Financial Services Subcommittee on Domestic Monetary Policy & Technology. Continue reading

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Canada ending cent will impact U.S.

Canada’s decision to eliminate its small cent 92 years after it gave up its large cent probably means that there will be increased pressure on the U.S. Treasury and perhaps Congress, to take a fresh look at the elimination of a denomination whose history goes back to Thomas Jefferson’s “Notes on Coinage” (1786) and Hamilton’s “Report on the Establishment of a Mint” (1791). Continue reading

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Honor Reagan with $4 gold piece

For a variety of reasons, it’s time to change the way that gold commemorative coins are made, time to make them affordable to a new generation of collectors, time to give them attractive themes, and time to be daring and think outside the box to eliminate the problem of fewer and fewer coins being sold. Continue reading

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Life of paper dollar estimates getting longer

With the new GAO report to Congress suggesting that a dollar coin for dollar bill switch is uneconomical based on the statistical input of factors that include the duration in circulation of dollar bills and coins, there might be some question as to the validity of the quantified numbers showing circulation life and use. Continue reading

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