Welcome back to Something About Coins! Below are tips for investing in gold coins, coverage of the freshly sold out Mary Lincoln gold coin, history of the Hesselgesser Collection's bust silver dollars, and a story of a collector's obsession with Jewish coins that lead to the writing of the book, 'Money of Ancient Judea and Israel.' Enjoy!
The Right — and Wrong — Ways to Buy Gold, moneyland.time.com
I realized that I didn’t have the whole gold thing worked out when I found myself riding the New York City subway system with $12,000 worth of gold coins in my shoulder bag. The load was not only heavy; it was making me paranoid about thieves. Turns out there are lots of places eager to sell you gold coins, but few willing to buy them back at a fair price. After several coin dealers in Midtown Manhattan tried to rip me off, I was heading down to Wall Street, where I did end up finding a dealer who would buy my coins at a reasonably rate. In fact, my investment actually worked out ... Click for coin article
Mary Todd Lincoln First Spouse Gold Uncirculated Coin Sells Out, coinnews.net
The uncirculated Mary Todd Lincoln First Spouse Gold Coin sold out Thursday, leaving the proof version as the only available option left from the United States Mint. Both gold coins launched December 2, and as expected were a bit more popular initially when compared against other recent issues in the one half ounce, 24-karat gold coin series. The US Mint anticipated higher demand and said it would release up to 20,000 across both options, a higher mintage than the other 2010 First Spouse Gold Coins. What made Mary Todd’s coin more popular was the fact that it was a "Lincoln Coin." For a long time ... Click for coin article
Prize silver dollars in the Hesselgesser Collection, plus advice for beginners, coinweek.com
Dr. Robert Hesselgesser assembled one of the all-time most complete collections of regular issue, bust silver dollars. On Monday, May 30th, the firm of the Goldbergs auctioned Hesselgesser’s set of bust silver dollars at the Beverly Hills Crowne Plaza Hotel. Business strike bust dollars date from 1794 to 1803. A few Proofs, including 1804 dollars, were minted much later, though these are a different topic. Proof bust dollars could not have been produced before 1834. Starting in 1794, bust dollars were made for circulation. Indeed, 1794 ... Click for coin article
Chinese cook obsessed with Jewish coins, latimes.com
After 10 years of research, Xu Long has published his thick book, 'Money of Ancient Judea and Israel.' And in studying Jewish history, he found many similarities to his own culture. Reporting from Beijing— At his day job, Xu Long works endless hours in the sweltering kitchen of the Great Hall of the People, China's equivalent of the Capitol building. But for the last decade, when Xu, head chef of Western cuisine, chopped onions or grilled steaks for the Chinese leadership, his mind often drifted to his personal passion: money. Or, more specifically, ancient Jewish coins. In December, the 47-year-old chef published a 575-page tome ... Click for coin article
Thanks for reading!