The spot price of gold has dropped recently, hitting prices not seen for the past six years due to various concerns about the global market coupled with expectations that the Federal Reserve will be slower than expected in raising interest rates.
The spot price of gold has dropped recently, hitting prices not seen for the past six years due to various concerns about the global market coupled with expectations that the Federal Reserve will be slower than expected in raising interest rates. Despite this, high-end gold coins continue to excel at auction.
In an effort to improve work flow in the die shops at the Philadelphia and Denver Mints, the U.S. Mint’s Information Technology Department has been testing the use of bar coding in tracking production dies. The pilot phase of testing some data-collection software in tandem with two-dimensional bar coding was scheduled to conclude by the end of November. Additional...
Fake 1894-O Morgan dollar a problem, National Park Service commem designs unveiled: Week's Most Read
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, according to reader metrics. Click the links to read the stories. Here they are, in reverse order.
Approved designs for the 2016 Mark Twain gold $5 half eagle and silver dollar were unveiled Nov. 28 during ceremonies at the Mark Twain Boyhood Home and Museum in Hannibal, Mo. The venue is one of four beneficiaries designated by the enabling act to evenly divide net surcharges from sales of each of the commemorative coins.
Expert in medals (and the original editor of Coin World) D. Wayne Johnson’s massive records are beginning to become available publicly, recently with the publication of Who’s Who Among American Medallists, a 388-page book sharing biographies of “the artists of our country’s coins and medals, 1652 to date.”
A bill to award a congressional gold medal, collectively, to the Army Dust Off crews of the Vietnam War in recognition of their extraordinary heroism and life-saving actions in Vietnam was introduced in the Senate by Sen. John Cornyn, R-Texas, on Nov. 10.
The standard Proof set produced and issued by the U.S. Mint contains coins that have frosted devices against mirrored fields and represent the circulating denominations for the specific year. The Prestige Proof set for a particular year not only contains the same circulating denomination coins in Proof, but also incorporates one or more commemorative coins for...
Like many Morgan dollars from the New Orleans Mint, the typical 1894-O dollar comes with a weak strike. The transfer process, where all the details of a genuine model coin are transferred over to a set of fake dies, tends to magnify this weakness, with the result that the central areas of the obverse and reverse are both weak and fuzzy.
The coins described here were discovered while searching through $20 worth of cent rolls that I got in September. I found a relatively large number of Indian Head cents within those wrappers