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Output slides in month of August

August monthly output at the U.S. Mint’s circulating coin production facilities dropped by 28 percent from the prior month. With the exception of dime and dollar output at Philadelphia, it was a clean sweep in the down column. For the … Continue reading

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Gray areas in tax exemption law

Earlier this year, Ohio Governor Kasich signed into law Senate Bill 172. This law adds provision 54 in Section 1 to establish a sales and use tax exemption on the retail sales of “investment metal bullion” and “investment coins,” which … Continue reading

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Stack’s Bowers: $4.1 million

Over $4.1 million was realized at Stack’s Bowers and Ponterio’s August Hong Kong auction of Chinese coins and paper money as well as other world issues. It was held Aug. 16, 17 and 19 at the Mira Hong Kong. On … Continue reading

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Gold coin counterfeits cause for concern

By Richard Giedroyc All that glitters is not necessarily gold. The current surge in the spot price of the yellow metal may have brought out investors, but it has also brought out the counterfeiters. Caution is now the watchword when … Continue reading

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Key rarity: Iraq 100 dinars to cross block

By Kerry Rodgers Spink’s next world paper sale will take place at the company’s London offices on Sept. 28-29. This will be a big one. The catalog comes laced with a remarkable number of rarities from across the globe. Many … Continue reading

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Mint Stats: Gold Standing Liberty makes debut

Gold Standing Liberty quarters appear on the second page of Mint Statistics for the first time. They go on the board with sales of 53,378. That is far short of the 100,000 available. As if in sympathy, the sales total … Continue reading

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Quick delivery for gold

It might no longer be a sellout possibility, but collectors who ordered the 47,884 gold Standing Liberty quarters on the first day they were available are impressed by their quality. One individual who telephoned Numismatic News Sept. 13 is as … Continue reading

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Gold variety identified

A privately minted $1 gold coin has been identified as a new variety of California fractional gold, thanks to the combined detective work of Numismatic Guaranty Corporation and Stack’s Bowers Galleries. The newly identified coin is an octagonal 1854 $1 … Continue reading

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Is cash a curse?

Kenneth S. Rogoff is the former chief economist at the International Monetary Fund and now a Harvard professor. His latest book, titled “The Curse of Cash,” has just been released. Rogoff identifies two reasons why the use of cash should … Continue reading

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Fiji WWII rarities sold by Noble

By Kerry Rodgers Tucked among the world paper catalog in Noble Numismatics July sale in Sydney were three notes from Fiji’s World War II emergency issues: penny (P-47a), shilling (P-48a) and two shillings (P-50a). All were highly desirable as all … Continue reading

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