1. Counterfeit crisis hits mainstream media
in the numismatic community have likely read about the boom in
counterfeit bullion coins and bars that has troubled the hobby on a
national and global scale.
Coin World has done its fair share of reporting on it, as you
it’s always good when a major media outlet sheds light on such an issue.
NBC News published a feature online on June 13
titled "Glitters, but Not Gold: Fake Gold and Silver Coins
'Flooding' Market." As you can guess, the post is about the
growing concern of counterfeits throughout all corners of the hobby.
Herb Weisbaum goes into how and where the counterfeiting is happening,
and how to avoid becoming a victim.
Weisbaum's explination of new tricks that counterfeiters are using, a
familiar name appears. Coin World managing editor William T.
Gibbs is quoted in the story, and he alerts NBC's readers that these
fakes are becoming more advanced, with phony cases, serial numbers,
and other small aesthetics that give these fakes a more professional look.
even if you're ordering a coin online that shows it's in a slab from a
reputable grading service, those holders could be fake," Gibbs said.
Here's the full NBC story.
2. Impressive, but not rare
upcoming Spink’s auction in New York will offer a Mint State 69 1960-J
silver 5-mark coin from West Germany that’s expected to sell for
So why all the fuss?
3. First Spouse series coming to an end
and Uncirculated 2016-W Nancy Reagan First Spouse gold $10 coins will
arrive in July, and will end a 10-year series for the United States Mint.
the coins are posted on the U.S. Mint's product schedule for a July
release, no specific date is yet listed for when sales of the coins
are to begin,” Paul Gilkes writes.
4. Connect with Coin World:
5. Precious metals pricing
Kitco.com lists the following
prices per ounce Tuesday at 1:14 p.m. ET:
6. Hot Topics
out three fascinating stories from the last couple of days:
Phillipines notes dominate top lots during Lyn
Knight Currency auction
Although struck in small numbers, the 1839
Gobrecht dollar is very collectible
London’s Trafalgar Square appears on 2-ounce
silver £100 coin
7. Something social
witness an arrest at a coin show? From our Facebook page: