October 2008

Open your penny jars and start digging through your couch, the 18th annual Penny Harvest is underway and kids need your change. Nearly 500,000 students from across the country have begun scouring for loose pennies and going door-to-door asking for spare cents. But the pennies are not for them, they’re for charity. And best of all, Penny Harvest teaches children about their value in working together, sharing and contributing to society.

Penny Harvest Field Photos

From now until Thanksgiving, students between the ages of four and fourteen will call themselves Penny Harvesters as they collect millions of pennies from family, friends and neighbors. All collections are then one hundred percent donated in the form of grants to non-profit organizations student leaders select. From helping the elderly to protecting the environment to over a thousand other worthy charities, the students make the call to where the money goes.

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The Perth Mint of Australia released today a unique series of silver coins celebrating the 2009 Year of the Ox. The Australian Lunar Series II coins incorporate innovative editions of $1 Coloured Ox, $1 Gilded Ox and $30 Gemstone Ox. The silver dollars contain one ounce of 99.9% pure silver. The $30 Gemstone edition weighs a full kilogram and includes slightly more than 32 ounces of the lustrous precious metal, plus two citrine gemstones.

Australian 2009 Lunar (Year of the Ox) Silver Coins

In Chinese culture, the Ox symbolises determination, patience and dependability. One of 12 animals associated with the ancient Lunar calendar, the Ox is said to influence the lives of people born in 2009.

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The U.S. dollar regained strength Thursday against other world currencies, and that — along with a drop in oil prices — drove gold lower. New York silver and gold futures fell 0.2 percent and 2.2 percent, respectively. Platinum, however, shined and jumped 1.7 percent. December crude-oil lost a portion of Wednesday’s huge gain, dropping $1.54, [...]

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(Fallbrook, California) – The Professional Numismatists Guild (PNG) and PNG member-dealer, Kevin Lipton, are jointly offering a $10,000 reward for information leading to the recovery of rare coins and paper money stolen from Lipton’s Beverly Hills, California offices.  The unknown thief or thieves took more than a quarter-million dollars worth of numismatic items during a [...]

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Mike Byers has published the newest quarterly edition of Mint Error News Magazine. Issue #25 brings the very latest in mint error and variety coin news and information. As always, the magazine offers excellent photos that direct the reader right to the substance of coin errors. And the included error coin price guides compiled by [...]

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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. Here are today’s articles: Treasure hunters set to coin it with Roman haul By Laura Hannam, MK News As the credit crunch hits pensioners across [...]

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The American Numismatic Society (ANS) has officially opened its new headquarters in lower Manhattan, New York. The ANS indicates its educational and research facilities are now available to international scholars, students and members of the general public — ANS has one of the world’s largest numismatic libraries and a vast coin collection. Open as well [...]

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The Bank of Lithuania has issued the second proof gold coin in a series of three to commemorate the millennium anniversary of the first written mention of Lithuania — found in a medieval Prussian manuscript, the Quedlinburg Chronicle, on February 14, 1009.   "This is already the fifty sixth commemorative coin issued by the Bank [...]

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A weakened U.S. dollar and an expected Federal Reserve rate cut on Wednesday helped shore up New York silver, gold and platinum futures. Each enjoyed gains of 11.5 percent, 2.0 percent and 1.0 percent, respectively. After trading hours, the Fed cut its key interest rate to 1 percent, which was inline with most analysts’ expectations. [...]

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(Fallbrook, California) – The Professional Numismatists Guild (PNG) will conduct its inaugural "PNG Dealer’s Deal" in December in Las Vegas, Nevada.  It is the first in a planned series of "new concept" shows. "There will be both PNG and non-PNG dealers attending, a limited number of collector-guests who will be personally invited by participating dealers, [...]

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