September 2008

New York precious metals retreated Tuesday as stocks rallied and the U.S. dollar surged amid hopes the passage of a financial rescue plan is still possible from Capital Hill. Nymex silver, gold and platinum futures lost, 5.8 percent, 1.5 percent, and 5.6 percent, respectively. November crude-oil recovered from Monday’s more than $10 loss to settle [...]

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Rep. John Larson and five other House members proposed on Friday gold and silver coins emblematic of the life and legacy of Mark Twain. Mark Twain was the pen name for Samuel Clemens, whose many works are still mostly in print after nearly a century past his death in 1910. Clemens is one of the [...]

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Four numismatic articles are referenced on CoinNews every Tuesday and Thursday. These articles are not authored by us, but we recommend collectors read them for their unusual or interesting content. Have you written or know of an article that should be highlighted on CoinNews? Please let us know! Here are today’s articles: Architect urged mint [...]

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The U.S. Mint has produced a whopping 33,774,200,000 state quarters since the inception of the 50 State Quarters® Program in 1999. The total does not include the several hundred million Arizona state quarters that started to hit circulation in June. And by the program’s completion with the final Hawaiian commemorative later this year, the Mint [...]

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Like a perpetual broken record repeating nearly monthly, Zimbabwe’s Central Bank introduced new Zimbabwean $10,000- and $20,000-dollar banknotes just two months after slashing ten zeros from their currency to fight inflation. That, after previous months of issuing notes ranging up to $100 billion. While Americans may be feeling an increased change in the value of [...]

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China will commemorate their historic first spacewalk with legal tender silver and gold coins, The People’s Bank of China (PBOC) announced on Monday. The Central Bank said 60,000 one-ounce silver and 30,000 one-third ounce gold coins would be minted by the Shenyang Mint and issued on October 8, 2008. The obverse (heads side) of each [...]

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Over 315 DGS‐graded Coins Available for Bidding Virginia Beach, VA – The numismatic staff of DLRC Auctions is excited to announce the current sale of the Block Island Collection – an assembly of 432 certified coins and paper money items from a life‐long collector. 317 of the coins were submitted to Dominion Grading Service (DGS) [...]

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Two commemorative silver dollar bills, which were introduced and passed in the House months ago, finally received a senatorial thumbs up on Saturday. Congress burned the proverbial midnight oil and, on top of the commemorate silver dollar for Boy Scouts, passed legislation to honor the U.S. Army Infantry and the National Infantry Museum and Soldier [...]

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Boy Scout coin with approved stampThe Senate on Saturday joined the House in passing legislation that seeks to commemorate the centennial of the Boy Scouts of America (BSA) with 350,000 silver dollar coins in 2010.

The bill, named the Boy Scouts of America Centennial Commemorative Coin Act or H.R. 5872, has overwhelming support and now moves to its next step — congressional packaging for the President, who is expected to sign it into law.

Congressman Pete Sessions [R-TX] introduced the legislation in April and said,

 

"Boy Scouts are a significant part of American culture, shaping the values, citizenship, and skills of millions of young men," Sessions stated. "As an Eagle Scout with four generations of Boy Scouts in my family, I strongly value the Boy Scouts’ history of instilling a sense of duty to God, country, and self."

 

Read the rest of this numismatic news article »

 

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The American Civil War evokes many strong thoughts and emotions to this day – the end of slavery in our country, the great and terrible battles that saw more that 600,000 men perish, and the secession – and eventual reunion – of 11 states. Amid brilliant and incompetent generals, vast military campaigns and political turmoil, [...]

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