Treat Collecting as Recreation, Not Investment
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World Coin News, and just about every other numismatic publication, feasts on reporting the highest prices fetched at auctions, the fabulous increases of coin values, the frenzy to buy this or that coin for investment. |
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Chinese Fakes Get Harder to Spot Over Time
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Large scale counterfeiting operations are not new. We numismatists can consider ourselves lucky because in the past, most of these operations have concentrated on our country's circulating paper currency. Nevertheless, about 30 years ago, one American Numismatic Association member was reported to have visited a large counterfeiting operation in Beirut, Lebanon. The fakers were striking our coins on a "date-by-request" basis using the same brand of coining press chosen by the Philadelphia Mint when they modernized their equipment.
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Samoa Takes "Bank Note of the Year"
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After reviewing government bank note issues worldwide last year, the International Bank Note Society selected its "Bank Note of the Year" from among the many countries issuing new currency designs in 2008. |
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Did U.S. Export Over 175 Million Ounces of Gold?
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The United States Geological Survey (USGS) publishes monthly Mineral Industry Surveys with one series that focuses on gold production, imports and exports. These reports include information from the U.S. Census Bureau on the quantities of refined gold bullion and gold compounds exported from the US.
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Cape man finds 313-year-old sixpence
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As Truro celebrates its 300th birthday in July, one local man has found an artifact that predates the town itself.
Peter Burgess, a retired psychologist, who found a strange-looking coin on his property last spring, recently discovered it was over three hundred years old. |
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2009 Gold Proof Australian Sovereign from Perth Mint
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The Perth Mint on Friday launched the 2009 Perth Mint Gold Proof Sovereign, a modern Australian version of a world famous coin. Struck in 22-carat gold and in proof quality for collectors, the newly introduced coin is to be issued annually with an extremely limited worldwide mintage of just 2,500. |
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Forging ahead
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AS WE go to press another report on the prevalence of fake £1 coins in circulation has come to light. The findings of the report, this time coming from Willings, a company which makes machines to check coins for businesses and other organisations, apparently show that upwards of £73 million worth of forgeries could be out there. |
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Australia’s Most Valuable Rare Gold Coins To Be Sold in June
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Australia’s most respected and valuable rare gold coin collection will go to auction, in what is expected to be the most prestigious numismatic event in this nations history. |
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Mother's Day Commem Proposed
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A commemorative silver dollar memorializing Mother's Day has been proposed again by Sen. Jay Rockefeller, D-WVA.
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Metal detector user David Hutchings jailed for selling fake coins
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A metal detector enthusiast who claimed to have discovered hoards of valuable antiquities during years of treasure hunting has been convicted of selling modern fakes. |
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