Welcome to Something About Coins! Gold remains the hot topic. The U.S. Mint is kicking off their 24 karat gold proof Buffalo coins later this week, and British gold sovereigns are currently being hoarded in Greece. In other news, PCGS stepped up the fight against coin doctors, and a shout-out to Congress about counterfeit coins made in China is expressed. Those are a few of the articles linked below.
2010 American Buffalo Gold Proof Coin Launch Date Officially Announced, CoinNews.net
The United States Mint on Thursday officially announced when the 2010 $50 American Buffalo Gold Proof Coin would launch. While a price point for the coin is not yet available, the U.S. Mint said in a press statement that the 24-karat gold piece would be released on June 3, 2010, at noon Eastern Time. The date is not a surprise. Earlier this month the Mint revealed the day by adding it to a notification page on its online store. But the press announcement sets its release in virtual stone. Also, it indicated that there would be no household order limits ... Click for coin article
Collecting American Eagle Bullion Coins, NumisMaster.com
Silver American Eagle bullion coins, and their gold counterparts, were historic firsts for the U.S. Mint when they made their debut in 1986. They were the first official U.S. coins struck primarily to be bought and sold for their bullion value. American Eagle bullion coins can be held in individual retirement accounts. Some individual date and mintmark combinations, however, also have collectible numismatic value, including proof versions. The story behind the coin Gold and silver bullion coins, produced by various countries ... Click for coin article
Greeks give new meaning to idea of sovereign wealth, Business.TimesOnline.co.uk
They were parachuted in during the Second World War to fund local resistance to the Germans and now, with a population mired deep in another — if very different — crisis, British gold sovereigns once again are the foreign currency of choice in Greece. Once again, too, they are offering a tangible sense of security amid turbulent uncertainty. In the 1940s, as the only reliable ... Click for coin article
PCGS Announces Next Steps to Improve and Protect Hobby, PCGS.com
Professional Coin Grading Service (PCGS) today revealed additional steps it is taking to improve its ability to detect altered coins. PCGS announced that it has a process in development which will detect any foreign substance on a coin's surface, and also announced a major lawsuit filed against alleged coin doctors. According to PCGS officials, in conjunction with the development of coin recognition technology launched in March of this year, PCGS has been developing a process to detect foreign materials and other enhancements to a coin's surfaces ... Click for coin article
Get ready to fill those album holes, NumismaticNews.net
I had an e-mail this morning from Asia. The sender wanted to know if I was interested in trading for coins he had. The images he sent looked like fakes to me. Now thanks to spam e-mails like this the fakes come right to my desk. I don't have to search online auctions anymore. Next step I imagine is every member of the American Numismatic Association getting a similar e-mail solicitation. I remember when reproductions were novel, even neat. At the Baltimore ANA convention in 2003, Legend Numismatics arranged a very nice cocktail reception where ... Click for coin article
Italy Returns to Bulgaria 1,200 Ancient Coins, Paper.StandartNews.com
Italy will return to Bulgaria 1,200 ancient coins that have been smuggled out of the country. The coins will come home through the Bulgarian embassy in Rome. This emerged on the last day of PM Boyko Borissov's four day visit to Rome and the Vatican. This is the third collection of ancient coins that Italy returns to Bulgarians. Two such collections were handed over to Bulgaria's ambassador in Rome some time ago, minister without portfolio Bozhidar Dimitrov explained ... Click for coin article
Coin Profile: 1849 Oregon Exchange Company Five Dollar Gold Territorial Coin, CoinLink.com
The news of the discovery of gold in California reached the Oregon Territory in late July 1848. That news was confirmed in Oregon City, seat of Clackamas County, on August 9 of that year, when the brig Henry docked with gold dust, arriving from San Francisco, and by October more than two-thirds of the men in Oregon had departed to seek treasure in the gold fields of California. The Oregon Spectator, founded in 1846, one of the first newspapers west of the Mississippi River, was forced to stop publishing in 1848 ... Click for coin article
Thanks for reading! See you tomorrow!
