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Mint’s wheel of fortune

With the silver Liberty medal sold out on Aug. 23, the next potential collector heart stopper will be the gold Standing Liberty quarter on Sept. 8. Helping to stoke potential demand for this, which is the second of three Centennial … Continue reading

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Dad’s coins offer challenge

Winston Churchill said the American and the British are divided by a common language. The same might be said about collectors and noncollectors. I had lunch Tuesday at a local eatery. I sat at the counter with a husband and … Continue reading

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Silver medal sellout: Good or bad?

The silver Liberty Mint medal that went on sale yesterday sold out in less than five minutes. I’m surprised. The medal had a low mintage of 12,500 each from two mints, San Francisco and West Point. Had it been a … Continue reading

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Largest cupped silver coin?

Would you like to see the U.S. Mint strike a cupped three-inch, five-ounce silver coin, which has never been done before? If yes, you might be interested to know that time is running out for Congress to authorize commemorative coins … Continue reading

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Mistreated coin collectors won’t come back

Are coin dealers who populate the bourse floors of major shows losing their ability to conduct retail business with the public? Everybody knows that these bourses are becoming more and more wholesale events as fewer collectors attend. Collectors are content … Continue reading

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Long live ANA auctions

Stack’s Bowers American Numismatic Association World’s Fair of Money convention auction results arrived yesterday after Numismatic News went to press. The firm reported $21 million in sales across the U.S. coin, world coin and paper money fields. This exceeded the … Continue reading

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Time to buy

I just wrote a mildly negative story about business conditions on the dealer bourse floor at the American Numismatic Association World’s Fair of Money held last week in Anaheim, Calif. One market professional with whom I conversed yesterday said he … Continue reading

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Tale of two numbers

Which Mint figure is more important? Monthly circulating coin production in July rose to the highest point of the year. 1,807,200,000 pieces came off the Mint’s presses. This beats the previous high number of 1,582,060,000 by 225,140,000 pieces. Normally, rising … Continue reading

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Cash is king for how long?

How long is the road to a cashless society in the United States? Precious metals oriented articles often declare sinister motives for the concept even being discussed. What happens to money when it is not even backed by paper? That … Continue reading

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Great time at ANA show

I enjoyed the American Numismatic Association convention held last week. I always am keenly interested in the main ANA event of the year. A real treat was when I listened to Q. David Bowers’ talk on the ANA’s 125th anniversary … Continue reading

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