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- The American Numismatic Association’s (ANA’s) National Coin Week dates back nearly 100 years to 1924. Each year, a new theme provides a fresh opportunity for collectors to celebrate their favorite pastime and explore the history, present, and future of numismatics. The consistency of the ANA in promoting the event, which has run through the Depression, a World War, and other national crises, is a testament to the organization’s dedication to growing the hobby. Today’s collectors owe a debt of gratitude to those who have contributed to this rich tradition over the years. In the early 1900s, the world of numismatics faced an ethical crisis. Julius Guttag outlined it beautifully: "Years ago the dealer gave freely of his knowledge and endeavored to educate the new collector as much as possible. Today, many dealers make it their aim to keep the collector uninformed… If each and every dealer would show a live and honest interest in every new col ...Read more »
- Posted: April 05, 2019|Categories: Latest NewsOn April 2, 2019, the U.S. Mint announced that for the first time ever it has struck quarter dollars with W-mint marks for the West Point Mint and that the coins will only be available in general circulation. What’s more, only 2 million of each of the five 2019 quarters will be struck, a low number for a coin of this type, which has had an upwards of hundreds of millions struck in recent years. The first of these coins have already been produced and shipped by the Federal Reserve to banks and other financial institutions. They include both 2019-W Lowell National Historical Park and 2019-W American Memorial Park quarters, which should begin appearing in circulation within four to six weeks, according to the ...Read more »
- Most collectors are aware that U.S. Mint commemorative coin programs, which have been limited to two per year since 1998, are created through legislation that originates with members of the U.S. Congress and attempts to make its way through the legislative process. However, the U.S. Congress also periodically enacts various legislative proposals – some of which become law, and many which do not – that impact numismatics in other ways such as the provision that eventually was used to end the use of 90% "coin" silver in numismatic coins. During the 116th congress, which began on January 4, 2019, and continues until the end of 2020, several bills have been introduced that either call for the issuance of new coins or impact the numismatic industry. Bush coins ...Read more »
- To mark the 110th anniversary of the perennially-popular Lincoln cent, the U.S. Mint is issuing the first pennies that carry a “W” Mint mark, indicating that they were struck at the iconic West Point Mint. However, the 2019-W pennies will not be the first ones ever struck at the West Point Mint, since business strike cents were produced there from 1974 to 1986 to supplement production of the coin at the Philadelphia Mint at a time when billions were being struck each year. Those cents made in Philadelphia did not have a Mint mark, which is an important difference for collectors. An Intriguing Trend There will be three 2019 numismatic products that include versions of the 2019-W cent, includi ...Read more »
- On March 14 the U.S. Mint will launch its second and final commemorative coin program of 2019, which celebrates the 100th anniversary of the founding of the American Legion and the remarkable work of this organization that has impacted not just U.S. service members, but the entire country. The History of the American Legion The organization was founded on March 15, 1918 in Paris, France by the American Expeditionary Forces that occupied Europe after the fighting of World War I had ended. This group was concerned about the welfare of their comrades after they returned to the United States, as well as of the communities where those vet ...Read more »
- American Achievement: the Apollo 11 Moon Shot While American technological and political achievements are numerous, few are as resonant as the great Space Race of the 1960s. This included the Mercury, Gemini, and Apollo space programs that reached their triumphant apex with the Apollo 11 mission that saw astronauts Neil Armstrong and Edwin “Buzz” Aldrin land on the moon and their safe return, along with command module pilot Michael Collins, to Earth. The United States Mint is releasing a seven coin commemorative program to mark the 50th Anniversary of the Apollo 11 mission and the moon landing. The series will have broad appeal for numismatic collectors as well as technology and space buffs alike. Commemorating the 50th Anniversary of the Apollo moon landing is really an attempt to capture the vibrant spirit of the Sixties and of the extraordinary achievements of America and Americans. The “one small step for man… one giant leap for mankind” celebrated with these c ...Read more »
- The Australia Wedge-Tailed Eagle Series: History in the Making In 2014, John Mercanti and the Perth Mint made history as the former Chief Engraver of the United States Mint collaborated with the Perth Mint on the new Silver Wedge-Tailed Eagle. The new issue marked the first time that a US Mint engraver designed a coin for a foreign mint. The first release in the series had a mintage of just 50,000 pieces, and the response among collectors worldwide was so overwhelming that the series has become a mainstay of the Perth Mint and among the most anticipated annual releases among collectors. The 2019 edition marks the fifth anniversary release in the series and just the first time that a new design has been introduced after just one year of the previous ...Read more »
- Coins With Animals Animals, both domesticated and wild, seem to have always fascinated man. Whether in the form of Roman military standards (ensigns), coins or sacred totems that feature animals – all seem to be bearers of powerful animal symbols that played a pivotal role in awareness and self-expression. The use of animals on coins, including birds, is as old as coins itself. Different animals are featured on many coins – too many to mention here. Some coins even feature two or more animals. E.g. the rare ancient coins that were issued by Hadrian feature an eagle alongside an owl and a peacock. This makes for a fascinating variety of coins with animals to collect, both ancient and modern. Horses and eagles seem to feature most frequently on ancient coins. Rare animals such as elephants, lions and turtles are also featured. On the other hand, modern coins feature almost every animal imaginable. Let’s consider a few ancient and mod ...Read more »
- Mintages of popular coins vary widely based on a variety of factors, such as demand and the availability of metals. Depending on the coin, some mintages can range from hundreds of thousands to several million pieces. Occasionally, though, mintages of otherwise popular coins are at levels substantially below the usual swings. Here are a few examples of issues of coins that are notable for especially low mintages and the circumstances surrounding those issues. Arguably the most popular coin in the history of American numismatics, the Morgan Silver Dollar reigned supreme from 1878-1904. Although commonly used in daily commerce during their run, Morgans remain popular among avid and casual collectors alike, with many being passed on as heirlooms for generations. With a smattering of exceptions of releases from individual Mints, most Morgan issues went well into the millions. That is except for the period from 1893-1895. ...Read more »
- Coins in Culture: Rich Traditions, Powerful Symbols Coin collecting tends to appeal to a rather narrow audience, much like any other hobby, but that does not mean that coins are forgotten by the rest of society. Aside from serving as media of exchange, coins are also central in cultural traditions throughout the world. In fact, finding cultures that do not have some sort of traditions involving coins is rather difficult. Coins are incorporated into wedding rituals throughout the world. One of the most basic and clearest examples of this is the Irish tradition of a wedding day coin presentation. The groom gives his bride a coin while saying, “I give you this as a token of all that I possess.” This beautiful gesture encapsulates marriage perfectly, indicating that the groom is giving himself to his wife entirely; two become one. Across the Irish sea in Britain, there are two more popular wedding-related traditions. One of them comes from a tr ...Read more »