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Business year begins at FUN show

The bourse floor was busy. There was a buzz in the air. Results at the Florida United Numismatists convention Jan. 5-8 in Fort Lauderdale offered promise for the rest of 2017. Though the market is by no means booming, dealers … Continue reading

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Glass trumps gold for attention

It wasn’t the most expensive lot in Heritage’s $42 million Florida United Numismatists auction of U.S. coins Jan. 4-9, but a 1942 experimental glass cent grabbed the spotlight away from gold nevertheless. Selling for $70,500, it is the only intact … Continue reading

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Italy wins Coin of the Year

Italy has won the 2017 Coin of the Year Award. It will be given the trophy Feb. 4 at the World Money Fair in Berlin. An international panel of judges selected the country’s silver 10 euro issued to mark 70 … Continue reading

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Gold and silver start strong in 2017

Bullion buyers gave the United States Mint a strong start to 2017. First day sales of the ever popular silver American Eagle totaled 3,747,500 coins on Jan. 9. This one-day total is up almost 35 percent from last year’s first … Continue reading

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Gold never existed?

When central banks own physical gold reserves, that means they own coins and/or bars. Mostly they own bars, which have hallmarks of the manufacturer, serial numbers and the weights and purity of each piece punched right into the surface. The … Continue reading

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Mother Russia or Father Lenin?

Should Vladimir Lenin be remembered as the founder of modern Russia? Valery Rashkin, Communist Party member of Parliament, thinks so. Rashkin recently sent a letter to the Bank of Russia, Russia’s central bank, in which he proposed a 25-ruble commemorative … Continue reading

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Club honors Alaska purchase

The 2017 Fairbanks Coin Club membership token honors the Sesquicentennial of the Purchase of Alaska from Russia. Its obverse features the simple legend “Fairbanks Coin Club” with the member’s number counterstamped in the center. The reverse has the legend “Alaska … Continue reading

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Patron Saint of hobby recalled

The feast day of St. Eligius, Patron Saint of numismatists, goldsmiths, farriers, jewelers, metalworkers, craftsmen, veterinarians and harness makers, was observed on Dec. 1. The Gateway Coin Club of San Antonio, Texas, marked the occasion with an educational program by … Continue reading

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Gold rich in history

The March 2017 issue of Coins magazine focuses heavily on U.S. gold coins. R.W. Julian tells the story of the first gold $20s, those with James B. Longacre’s design gracing them. Mike Thorne explores the world of gold $1s. Both … Continue reading

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World paper a draw in PCDA sale

Lyn Knight’s fall PCDA sale occupied Nov. 17 to 22. World paper was offered on the first and last days. Results proved sufficiently pleasing to leave Joel Shafer smiling broadly throughout Thanksgiving. Top-selling lot came early in the World Live … Continue reading

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