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Numismatic News: China Counterfeiting, Walking Liberty Values, Nicaraguan Currency

May 26: Four numismatic news or coin blog articles are referenced on CoinNews every Tuesday and Thursday. These articles are not authored by us, but we recommend coin collectors read them for their unusual or interesting content. Here are today’s coin articles:

Employer’s gold, silver payroll standard may bring hard time
Joan Whitely | ReviewJournal.com

A self-made entrepreneur, Kahre, 48, paid his workers in gold and silver coin, and said they could go by the coins’ face value — rather than the much higher market value of their precious metal content — for federal tax purposes…

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China Cracks Down on Counterfeiting Dens
Richard Giedroyc | World Coin News

In a ceremony at the Sherwood Forest Plantation home of John Tyler the US Mint released the Presidential Dollar honoring our tenth president. President Tyler was the first to ascend to the presidency from Vice President after the death of William Henry Harrison…

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Popular with collectors
Steve Roach | Coin Values

Demand from both date and type collectors provides steady demand for Proof Walking Liberty half dollars and Winged Liberty Head dimes. The fragile reflective surfaces of Proof coins are particularly vulnerable..

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For Nicaraguans, New Currency Is a Hot Potato
Tim Rogers | Time

In a country accustomed to surprises from its government, Nicaraguans received another curiosity on May 15 when they awoke to find that the Central Bank, moving in the night as stealthily as the Tooth Fairy, had snuck a new legal tender into their economy while the markets were sound asleep…

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