Author Archives: Richard Giedroyc

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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Thieves steal only coins in bank robbery

It almost sounds like something out of a “Three Stooges” movie. Thieves break into a bank after hours. They leave all the high-denomination bank notes behind, but they take all the low-denomination coins they can carry. That is exactly what … Continue reading

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Coin and art trade don’t fund ISIS

The Dutch National Police, Central Investigation Unit, War Crimes Unit filed a 78-page report Sept. 14 in which rumors that the terrorist group ISIS has been funded by selling stolen art and collectible coins are dismissed. According to the report, … Continue reading

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Royal Mint considers authentication

No one wants to write their own obituary, but when a government-owned mint considers offering collector values for coins it certainly appears that any of us, including myself, who publish coin values could find our careers in jeopardy. The British … Continue reading

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Coins identify ‘fake news’

Modern Germany traces its beginnings to the Battle of the Teutoburg Forest, the 9 C.E. battle in which Germanic tribes annihilated an occupying Roman Army. The famed battle is understood to have taken place near Kalkriese, northeast of Osnabrück. It … Continue reading

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Gold and silver plunge to August price levels

The value of many generic gold and silver coins got a haircut this past week following a sudden drop in gold to $1,271 and silver to $16.62. Prices are back to August levels. This decline in value will be felt … Continue reading

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