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Letters to the Editor
- Letters to the Editor (August 2, 2016) Marks’ statement on Liberty medal not official The front page story, “Silver medal marks Liberty’s return” (Numismatic News, July 12) reports that I “announced details of the 2016 American Liberty silver proof medal June 15.” That statement came as quite a surprise to me. Although I had the past honor to serve as the chairman of ...
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Author Archives: Pat Heller
The U.S. Mint is conducting a Numismatic Forum at the Federal Reserve Bank of Philadelphia on Thursday, Oct. 13. According to Tom Jurkowsky, the US Mint’s Chief of the Office of Corporate Communications, “The purpose of the event is to … Continue reading
Earlier this year, Ohio Governor Kasich signed into law Senate Bill 172. This law adds provision 54 in Section 1 to establish a sales and use tax exemption on the retail sales of “investment metal bullion” and “investment coins,” which … Continue reading
Kenneth S. Rogoff is the former chief economist at the International Monetary Fund and now a Harvard professor. His latest book, titled “The Curse of Cash,” has just been released. Rogoff identifies two reasons why the use of cash should … Continue reading
By examining and learning about coins and paper currency, you can educate yourself about art, communication, culture, economics, geography, history, languages, industrial production, mathematics, science and a lot more. Here are just a few questions for which the answers can … Continue reading
The American Numismatic Association reports that its average member is now over 60 years old. When I was a member of the ANA’s Future of the Hobby Committee over a decade ago, the average member age was then about 51. … Continue reading
Last week I wrote about the 45th anniversary of President Richard Nixon’s Aug. 15, 1971, temporarily closing the gold exchange window, where central banks had previously been able to turn in U.S. currency and receive physical gold. Nixon claimed that … Continue reading
Monday was the 45th anniversary of then President Richard Nixon’s Aug. 15, 1971, speech in which he said, “I have directed [Treasury] Secretary Connally to suspend temporarily the convertibility of the dollar into gold or other reserve assets, except in … Continue reading
There is a sensible bit of financial advice to only invest in what you understand and know. If you don’t understand the nuances of a possible investment, your risks of a loss go way up. The same advice applies when … Continue reading
Premiums have fallen for pre-1965 90 percent silver U.S. coins. Since my article two weeks ago where I did some comparison shopping on what different dealers were quoting retail customers as their price for $1,000-face-value bags of circulated 90-percent silver … Continue reading