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- 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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World Coin Clinic By Richard Giedroyc • Can you explain what an adjustment mark is? Adjustment marks are visible scrapes on the planchet made prior to the coin being struck on that planchet. They were made to reduce the weight … Continue reading
Have U.S. coins ever been used as the host blank for a foreign coin? There are two Draped Bust silver dollar coins known to have been used as the planchets for the Uruguay 1844 1-peso fuerte. One is in the … Continue reading
I have a French coin with a large “S” punched in horizontally across the bust. Who put it on the coin? The countermark on your coin is something that could have been added at any time from when the coin … Continue reading
Could the trend of the coin market be tracked by following the results of a weekly or monthly local coin show? It would be necessary to have all the dealers at that show share their invoices to track the transactions … Continue reading
By Richard Giedroyc Why was the Hobby Protection Act enacted? Replica coins and bank notes are not meant to deceive, but to be sold as souvenirs or examples. Too many entry-level collectors were purchasing these without understanding these replicas are … Continue reading
By Richard Giedroyc When was the original gold deposit placed in Fort Knox? The U.S. Gold Bullion Depository at Fort Knox, Ky., was built in 1936. In the first six months of 1937, there were 445,501 gold bars, weighing 157,820,192 … Continue reading
Was counterfeiting coins ever a capital offense in the United States? Benjamin Franklin used the slogan “to counterfeit is death” on Colonial paper money and he printed it for a reason. George Washington demanded David Farnsworth and John Blair, two … Continue reading
By Richard Giedroyc Worthless broken bank notes were churned out by 19th century banks. Did any of these banks issue their own coins? The closest thing we have to what I would have called “broken bank coins” are company store … Continue reading
By Richard Giedroyc Did Adolph A. Weinman have any specific reason for picking the fasces for the reverse of the Mercury dime? A direct quote from the designer: “I selected the fasces and olive branch to symbolize the strength which … Continue reading
By Richard Giedroyc How to handle a counterfeit coin at auction Reader Richard Stevenson adds his personal experience to the recent question regarding third-party certification services lack of published reports on the number of counterfeit coins encountered. According to Stevenson, … Continue reading