Author Archives: Richard Giedroyc

Australians dislike small change coins

Small change coins may not be in short supply in Australia, but people willing to carry and spend them are. A recently released survey of Australians conducted by the Amsterdam-based banking and financial services corporation ING Group indicates about one … Continue reading

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Knowledge critical when buying online

Over-the-counter businesses and coin show bourses are feeling the shift of more of the market to the Internet. The effect is not so much for auction houses or coin dealers who already have a significant online presence. No one really … Continue reading

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Gold jumps around, and coins mirror movement

A lack of significant precious metal price movement is mirrored by the price of collectible yet somewhat commonplace gold and silver U.S. coins. This really isn’t news. Gold has gone up the hill and down again for weeks now, with … Continue reading

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Pedigree technology advances

Concerned the lack of a provenance for your coins might put your collection in the cross hairs of foreign governments demanding the return of antiquities they deem as part of their cultural patrimony? The German auction house of Künker Numismatics … Continue reading

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Online marketplace poses pricing issue

It’s no secret that many brick and mortar coin dealers are doing significant amounts of their business via the Internet. This is happening to retailers everywhere. Over-the-counter and coin show bourses are feeling this shift in markets, but no so … Continue reading

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Take advantage of lower prices by buying

Inflation is a concern for everyone, but what about deflation? Deflation is what the entire collectibles industry, be it coins or other collectibles, has been experiencing for several years. What we in coin collecting have been witnessing for some time … Continue reading

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Prices of circulation strikes follow metals

A coin dealer with whom I spoke at a recent local bourse pointed out most circulation strike gold and silver coins, regardless of the time period in which they were issued, are closely following the spot price of their metal … Continue reading

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Coin find may link to earlier find

A find of 18 early modern Polish coins hidden in a castle may be associated with a similar find in a nearby cemetery during the early 20th century. The find may also be the remainder of a much larger hoard … Continue reading

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South Korean Mint expands its market

South Korea is on its way to abandoning the use of coins and bank notes. At the same time, the Korea Minting and Security Printing Corporation or KOMSCO is forging ahead with foreign contracts to fill the anticipated void in … Continue reading

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Melting makes coins rarer, but does it matter?

The spot price of gold and silver has been impacting the price of many collectible but not truly rare coins for years. Now it appears there is a growing trend among some coin dealers to abandon numismatic coins entirely, focusing … Continue reading

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