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Liberty medal sells out

The Mint’s one-ounce silver Liberty medal sold out in less than five minutes Aug. 23. Perhaps attracted by the low mintages, buyers snapped up 12,500 of each from two mints, San Francisco and West Point. Issue price was $34.95. Household … Continue reading

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No more restraint on dollars issued

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

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PNG, Stuppler honor Chet Krause

Editor’s Note: Following are the comments Barry Stuppler, vice president of the Professional Numismatists Guild, made while presenting the PNG Abe Kosoff Founders Award to the late Chet Krause during the PNG banquet held Aug. 8 in Anaheim, Calif. To … Continue reading

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Consecutive pair of $5,000s leads lots in ANA auction

A consecutive pair of 1934 $5,000 Federal Reserve Notes, Fr. 2221-E, were the stars of the Stack’s Bowers Galleries sale held Aug. 10 at the American Numismatic Association’s World’s Fair of Money in Anaheim, Calif. Continue reading

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Royal Mint sees record profit

Britain’s Royal Mint has announced a golden 2015-2016 year’s results complete with solid silver lining. In financial terms, the nation’s oldest manufacturer realized its highest annual revenue in its 1,100 year history: £360.6 million, or about US$468.7 million. This figure … Continue reading

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Gold $200 kicks off Canada’s 150th

Next year Canada celebrates its 150th birthday. The first celebratory coin is now out: a 30 mm, 31.6 gram .9999 fine gold $200 proof. The reverse pays homage to a design thatgraced Canada’s first circulation coins. Check out KM-2 to … Continue reading

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No gold for you, paper

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

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Kangaroo bounds to new heights

Down Under the Perth Mint has announced that sales of its 2016 Australian silver Kangaroo bullion dollar have reached 10 million. The coin has always proved popular, particularly in America and Germany. It was introduced to Perth’s bullion coin program … Continue reading

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Solomon Islands 10 shillings leads

By Kerry Rodgers Spink London’s mid-summer world paper sale took place on July 5. Compared with recent Spink blockbusters this was a more modest affair. Just 700 lots graced the catalog with sufficient goodies to bring out collectors in droves. … Continue reading

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New Zealand marks Rio

A couple of weeks out from Rio 2016, New Zealand issued two “Road to Rio” coins to celebrate this year’s Summer Olympics: a 30 mm, 1/2 ounce, .9999 fine gold $10 and a 40 mm, 1 ounce, .999 fine silver … Continue reading

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