It’s a wrap!
The latest Coin World Weekly issue, dated June 12, 2017, has
been sent to the presses, and we have a quick preview of some of
the Coin World exclusives found in our latest digital edition.
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No gold coins but a gold medal in 1976
As the nation’s 1976 Bicentennial approached, collectors pushed the
U.S. Mint — then staunchly opposed to changing coin designs — for
commemorative coins including gold ones. As Scott Schechter writes in
his “Making Moderns” column, Mint Director Mary Brooks rejected
striking any gold coins — the Mint’s policy since the 1930s.
“Instead, Brooks argued a gold medal was a safe and suitable
alternative. Gold medals had already been authorized in 1973 as part
of a comprehensive multi-year medals program to celebrate the
Bicentennial. The program concluded with an offering of three sizes of
the National Bicentennial Medal struck in .900 fine gold,” he writes.
A deceptive counterfeit Indian Head cent
“When I was a teenager assembling a set of circulated Indian Head
cents, the only two issues that collectors needed to worry about were
the 1877 cent and the 1909-S coin,” writes Michael Fahey in his
“Detecting Counterfeits” column. That has changed.
Fahey discusses a potentially dangerous 1908-S Indian Head cent
examined by ANACS. “The fake 1908-S Indian Head cents cent shown here
is a fairly deceptive copy,” Fahey writes. However, he shares the
diagnostics that will enable collectors to avoid buying one of the
fakes. Learn how to protect yourself by reading the column.
What a great find, until it wasn’t
Bill O’Rourke, who details his circulation discoveries in his “Found
in Rolls” column, was super excited with a recent find. Then he looked
at the coin, a 10-cent coin of French Indo-China, more closely and did
some research. Disappointment ensued. It was a counterfeit.
“The fake 1917-dated piece sports a reverse that is actually correct
for real 10-cent coins dated 1921 through 1931, where the A Mint mark
was used and the silver content really was TITRE 0.680,” he explains.
So your coin has an angular notch
Have you ever found a coin with an angular notch and wondered
whether it could be an error? It could be, but as Mike Diamond
explains in his “Collectors’ Clearinghouse” column, it could also be
Angular notches on rare occasions are the remnants of an assay clip,
a triangular-shaped piece cut from a roll of planchet strip to test
the composition. While planchets aren’t supposed to be punched from
the affected area, sometimes they are. Diamond explains how to detect
a coin struck on one of these damaged planchets.
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