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 is the ANS museum and exhibits. The new address is:
American Numismatic Society
75 Varick Street, 11th floor
New York, NY 10013
In addition to the opening, Read the rest of this entry »
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 of Lithuania. It reflects the historical and cultural heritage of the Grand Duchy of Lithuania symbolising the prosperity of the State," the Chairman of the Board of the Bank of Lithuania said.
The 100 Litas 999.9 fine gold coin was designed by Liudas Parulskis and implemented in plaster by Giedrius Paulauskis. Struck and minted en mass at the Lithuanian Mint, it has a diameter of 22.3 millimeters, weighs 7.78 grams and is limited to 10,000 pieces.
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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. The cut of 50 basis points is another attempt to combat the ongoing crisis in the credit markets.
Lower rates can help feed inflation and depreciate the U.S. dollar, which is normally bullish for gold in the long haul. However, the yellow metal maintained its recent unpredictable pattern and lost much of its earlier morning gains.
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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, and members of the general public who want to attend," said Gary Adkins, PNG President.
"This first show will have about three dozen dealers and on-site grading services by Numismatic Guaranty Corporation."
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The National Bank of Romania (BNR) announced on Monday it will issue silver collector coins honoring the 80th anniversary of the establishment of the Romanian Broadcasting Company (SRR). The public radio broadcaster made its first transmission on November 1, 1928 at 5:00 PM, and is celebrating with a series of anniversary events until November 10.
The .999 silver proof coin has a face value of 10 lei, weighs 31.103 grams, has a diameter of 37 millimeters and a milled edge. Although no coin image of discerning size is currently available, BNR describes the coin’s design:
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Americans will watch the final state quarter enter circulation with the launch of the Hawaii quarter on November 3, the United States Mint announced Tuesday.
The release marks the conclusion of the 50 State Quarters® Program, which is described by the Mint as "one of the most successful coin programs in U.S. history" with approximately 147 million Americans who collect the commemorative quarter-dollars.
The spectacular popularity of the yearly issued quarters began with the unveiling of the first Delaware commemorative in 1999. Since then, over 33.7 billion state quarters have been minted through to the first 48 quarters.
When the Alaska and Hawaii quarter production figures are released and added to the tally, nearly one billion more coins will have been minted. Or, more clearly, enough for every man, woman and child in the United States to own 2 quarters from each state.
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