Welcome to Something About Coins! The articles below cover coin news from around the world. First is a look at U.S. Mint's Authorized Purchasers and the buying of bullion coins in bulk. The next story describes the mistaken identity of a Canadian $100 gold coin, which is about the same size as loonie. Other topics include some gold sovereigns that were found in an oven, unusual coins that were found in bank rolls of nickels, and the British coins' metal composition will be changing. Enjoy!
US Mint Modifies Bulk Purchase Requirements for Silver Bullion Coins, SilverCoinsToday.com
Requirements to become an Authorized Purchaser for U.S. Mint silver bullion coins have recently been revised. While these changes will be transparent for the average investor who buys the coins for their portfolio or for collectors adding to their collection, they will affect any business firms that are interested in applying to become a purchaser under the program. Since the inception of the American Silver Eagle series in 1986, and recently applicable to the America the Beautiful Silver Bullion Coins debuting this year, the United States Mint has refrained ... Click for coin article
Manitoba couple learns all that glitters probably is gold, montrealgazette.com
Kristine Friesen may have bought the most expensive cup of coffee of all time. The Winnipeg resident and her husband thought nothing of their visit to a Tim Hortons location on Wednesday. She ordered tea and a bagel while Harry ordered coffee. The bill came to about $3, so Kristine reached into her purse, pulled out a toonie and a loonie and they sat down to enjoy their beverages. Kristine went to bed early that night but when she got up the next morning, she found out Harry had been up late looking high and low for a gold coin he had left with his change ... Click for coin article
Removal men find haul of gold in Conwy collector's oven, bbc.co.uk
Removal men clearing the house of a former teacher and real life "Mr Chips" found a haul of gold ingots and sovereigns stored in his oven. Dr Arthur Stamp, who died last year, spent his life collecting historical objects which fetched more than £20,000 when they were auctioned in Colwyn Bay, Conwy, last month. Removal men then found a second haul of items when they opened Dr Stamp's oven. They are expected to fetch more than £2,000 when auctioned on Tuesday. Dr Stamp was described as a "Mr Chips" by a friend, in a reference to the teacher ... Click for coin article
Coin collecting: How old is that nickel?, nj.com
Many coin collectors like to buy rolls of coins from the bank to examine them, hoping to find something special, maybe a rare date or an error. Zachary Beier of Brick has tapped into that kind of curiosity to spur interest in collecting among youngsters. Beier, a 19-year-old Ocean County College student, is the Young Numismatists program coordinator for the Garden State Numismatic Association. In that role, he has launched a nickel search for young collectors.The object of the search, which began Sept. 8 and is continuing until Nov. 25, is to go through ... Click for coin article
Coins to be made from cheaper metal in cuts, thisismoney.co.uk
Even hard cash is not immune from the spending cuts. In future, cheaper metals will be used to produce Britain's coins, the small print of the CSR revealed. The Royal Mint, which could also be sold off to raise cash for the country, confirmed that cheaper versions of our 5p and 10p coins would be issued from April. The move will save some £10m a year. The decision was taken because of the volatile price of copper, which is used in the production of the traditional cupro-nickel versions of the coins. Soaring demand from China and India has led to big ... Click for coin article
Central Bank Retires Commemorative 500 Colon Coin, ticotimes.net
Through November and December, the commemorative 500 colón coins can be exchanged or deposited at any bank. 500 colones just aren't worth what they used to be. Starting the first of November the Central Bank of Costa Rica (BCCR) will be retiring one of its two different 500 colón coins. The coin, which was issued in 2000 in commemoration of the 50th anniversary of the founding of the BCCR, displays the Costa Rican national seal on one side and an image of the Central Bank on the other. The other, more common 500 colón coin will remain ... Click for coin article
2010 Gold Coin Features Archangel Michael Slaying Dragon, CoinNews.net
Every Christmas the Isle of Man releases a special 1/20 oz Gold Angel of which only a limited number are struck. The privy mark on its reverse reflects the 12 Days of Christmas theme, which make the Angel Coin unique. This year the 2010 Christmas Angel gold design features both traditional and new design elements. Since medieval times, Angel coins bearing the design of Archangel Michael slaying the Dragon have been thought to bring good luck and health to the bearer and the modern Angel Coin, which is one of the World’s foremost bullion coins ... Click for coin article
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