Shady coin stories explained, Enhanced Uncirculated dollar released: Week's Most Read

Coin World looks back at the five most popular stories from the last week
By , Coin World
Published : 08/28/15
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It’s time to catch up on the week that was in numismatic insights and news.

Coin World is looking back at its five most-read stories of the week.

Click the links to read the stories. Here they are, in reverse order:

5. Part of £1.3 million Anglo-Saxon coin hoard discovered in 2014 going on display: Coin World Buzz: A British coroner has given permission for a museum to display "about 20" Anglo-Saxon coins from a hoard unearthed late last year by an amateur metal detectorist.

4. Why the modern world coin third-party-graded market is growing: In part, the phenomenon reflects the changing demographics of numismatics as new collectors join the hobby. 

3. Consider collecting Coronet gold $5 half eagles: Q. David Bowers: Coronet $5 gold half eagles, sometimes referred to as Liberty Head coins, were minted continuously from 1839 to 1908.

2. Enhanced Uncirculated 2015-W Native American dollar in 2015 American $1 Coin and Currency set: The reverse design of the coin honors Mohawk ironworkers who built many of the skyscrapers in New York City.

1. Where did they come from and why do they exist?: Shady stories for U.S. coins: Numismatics is not immune to fallacy; numerous examples could be produced in which yesterday’s correlation or notion became today’s “fact.”

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Editor's note: Metrics were measured between Friday, Aug. 21, and 9:37 a.m. ET Friday, Aug. 28.

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Older Comments (1)
Regarding the Third-Party-Graded coins story: I can see why it is listed in the "Shady Coin Stories". And, I understand why this service is more focused on new, inexperienced collectors. The categories that are available for certification are not even real. First Release - what does that mean? The amateurs think it means that this coin was produced early in the process and probably has a better strike from a new die. No, it means that the package was shipped earlier than some others. The coin could have been produced months ago or just yesterday. First Strike - this doesn't mean anything. Some coins are made many months before release and then they are put in storage to be shipped after release. Again, you don't know when your coin was produced. There are many other frivolous certification categories. Most of the categories are only to tempt the uninformed buyer. It is fraud as far as I am concerned. Real coin "collectors" will not pay a premium for these junk certifications. And, the holders can only pray that they will be able to unload them when the time comes to unload.