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Viewpoint: It’s OK if Mint loses money on cent, nickel

By John Esposito It has recently occurred to me that by being a coin collector, I am a member of a schizophrenic community. For every voice ranting about fiat money there is another voice saying we should stop minting the … Continue reading

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Harding $250 coin boxes are sold out

The Mint has reported that the Harding $250 Presidential dollar Philadelphia box is sold out and the Denver box may soon follow. From its release to its reported off sale date, buyers purchased 6,995 units. The Denver offering will likely … Continue reading

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Hammered gold double estimates

Spink’s Sept. 22-23 London sale saw many exceptional prices realized. This was particularly the case among historical gold where estimates were regularly exceeded and in many cases doubled for a wide range of high quality coins. For starters, the catalog … Continue reading

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Roman aureus soars in sale

A unique and beautiful Type 2 aureus of Augustus Caesar (WCN September issue) realized £480,000 ($784,000) when offered for sale by Dix Noonan Webb in London on Sept. 22. Only 22 examples of the heifer-reverse aureus minted for Augustus are … Continue reading

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Rarity and quality highlight Hill sale

By Kerry Rodgers The second major tranche of the remarkable and important collection of the late Ruth W. Hill went on the block at Heritage Auction’s Long Beach Expo World Currency Signature sale on Sept. 4-8. As in April both … Continue reading

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No profits for ignorant?

Some of the best advice is simple, short and to the point. The following, I hope, is an example of this. In 1981, I became part owner of Liberty Coin Service in Lansing, Mich., and have been full owner since … Continue reading

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Coin Clinic: First Washington quarters rationed

By Richard Giedroyc Was there any public interest in the 1932 Washington quarters when they were released? The public announcement of the coins as commemoratives set off a buying boom. When they were issued on Aug 1, 1932, the banks … Continue reading

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Silver Eagle rationing on the horizon?

Rationing the supply of new 2014 silver American Eagle bullion coins might return if current extraordinary demand for them continues. The Mint calls it allocation. In response to questions from Numismatic News, the Mint said Oct. 3, “The demand we … Continue reading

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Rare coins up for bid at Heritage Gardner auction

Silver rarities come into their own in the 630-lot Eugene H. Gardner Collection II Signature Auction that will be conduced Oct. 27 by Heritage Auctions at the Waldorf Astoria Hotel in New York City. Among the highlights is a 1796 … Continue reading

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Coin grading skills prevent costly mistakes

Learning how to accurately grade coins will take time, but is worth it when it comes to avoiding costly mistakes. John Krupka, owner of Point Coin, Stevens Point, Wis., said overgrading is a common issue for both buyers and sellers. … Continue reading

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