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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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Mint Stats: Buyers snooze except for gold Eagles

Europeans take the month of August for vacation. Perhaps silver bullion American Eagle buyers do something similar. Sales in the first half of the month have reached only 380,000 pieces, down substantially from even July’s torpid pace. On the other … 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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Unusual world coins abound

By Richard Giedroyc Looking for a new area to collect? How about coins of the British Antarctic Territory, Chagos Archipelago, Howland Island, Midway or of South George and South Sandwich Islands? Let’s go one step further. What about coins of … 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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Coin output jumps

More than 10 billion coins have been struck for circulation this year by the U.S. Mint through the month of July. Output in July was the highest of calendar year 2016, pushed up by production increases across the board for … Continue reading

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Mixed results at ANA show

“Business was good for all the wrong reasons,” said Harry Miller of his results at the American Numismatic Association World’s Fair of Money Aug. 9-13 in Anaheim, Calif. “There was not a lot of retail public, which is kind of … Continue reading

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