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Articles in July, 2009

Julian Leidman to Receive Inaugural Harry J. Forman Dealer of the Year Award

ANAMaryland dealer and ANA Life Member Julian Leidman is the inaugural recipient of the Harry J. Forman Dealer of the Year Award.

The annual award is presented to an ANA member dealer who shows uncommon dedication to strengthening the hobby and the ANA, and displays exemplary ethical standards as a dealer. The award is named in honor of Harry J. Forman, a Philadelphia coin dealer, author and ANA Life Member who died in 2008.

Julian Leidman began his career as a dealer and consultant over 40 years ago. He has an unbroken record of attendance at every major U.S. coin auction since 1968, and has handled some of the most important and valuable U.S. coins. Read the rest of this entry »

Mark Olanoff Receives ANA’s Outstanding Government Service Award

ANAMark Olanoff of Reisterstown, Maryland, will be honored with the American Numismatic Association’s 2009 Outstanding Government Service Award. He will be presented his award Aug. 7 at the ANA’s World’s Fair of Money® in Los Angeles.

An ANA member since 2002, Olanoff has served with Diane Piret as co-chair of the ANA Government Affairs Committee for four years. In this position, he has helped advance the hobby in Washington, D.C., and kept the ANA apprised of federal and state legislation that could impact numismatics. Read the rest of this entry »

US Mint Product Schedule Update for September

Mint Coin CalendarFor the second time in two weeks, the US Mint has updated its 2009 Product Schedule.

Last week the schedule was revised to include dates for August offerings. Thursday the Mint provided specific dates for collector coin and set releases through to September.

Captivatingly within the new schedule are several coin products the Mint has mentioned but not yet fully described:

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Gold Rises as Oil Surges and Dollar Drops, Silver Advances

Gold broke away from a two-day losing streak Thursday as markets reversed directions from the day prior. The U.S. dollar fell with a thud as crude-oil recovered with a rallying frenzy and U.S. stocks jumped to near nine-month highs. Silver and platinum also gained.

Bullion update ...In New York trading futures for bullion:

  • Silver for September delivery gained 22.7 cents, or 1.7 percent, to $13.485 an ounce.

  • Gold for August delivery rose $7.70, or 0.8 percent, to $934.90 an ounce.

  • October platinum climbed $16.80, or 1.4 percent, to $1,189.00 an ounce.

Read the rest of this entry »

Szasz to be Honored with ANA’s Numismatic Art Award

ANAMerlin Szasz is the 2009 recipient of the American Numismatic Association’s Numismatic Art Award for Excellence in Medallic Sculpture. The Rhode Island artist will accept the honor Aug. 8 at the ANA World’s Fair of Money® in Los Angeles.

Born in Lima, Ohio, Szasz earned a bachelor’s degree in art education from Bowling Green State University and a master’s in sculpture from Cranbrook Academy of Art in Bloomfield Hills, Michigan. He received the Louis Comfort Tiffany Award for Sculpture (1964-65) and the Rhode Island School of Design (RISD) John R. Frazier Award for Excellence in Teaching (1996). Szasz is currently a professor of design in Foundation Studies at RISD. Read the rest of this entry »

David Lange, Diane Piret to Receive ANA’s Lifetime Achievement Awards

ANAHobby contributors and advocates David W. Lange and Diane Piret will both receive the American Numismatic Association’s Lifetime Achievement Award on Aug. 8 during the World’s Fair of Money® in Los Angeles.

Lange resides in Florida and is a numismatic researcher and author who serves as Research Director at Numismatic Guaranty Corporation. His studies of U.S. coin series have received numerous awards, and his books have become standard hobby guides. Read the rest of this entry »

Numismatic News: Most Hyped Coin, First Spouse Gold Coins, Battleship Note

July 30: 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:

The Most Hyped Coin in History
Susan Headley | About.com: Coins

Have you ever wondered why some error coins are so well-known and worth so much money, while others are virtually ignored? Take, for example, the 1937-D 3-legged Buffalo Nickel. The missing leg was caused by a Mint worker being careless while cleaning a coin die; he accidentally erased part of the leg. This sort of accidental erasure is known to exist on most circulating coin types to a greater or lesser degree. Why do we know about the 3-legged Buffalo Nickel, and why are specimens worth many hundreds of dollars or more? ..

Go to story »   

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US Mint Coin Sales: Proof Sets Dominate, Silver Eagles Reach Record

US Mint Sales Figures ImageProof sets could hardly perform better for the US Mint and bullion silver eagles continue to flash forward at a striking pace. The numbers do the talking…

 

  • In a single week, 37,232 more Mint Proof Sets sets were sold, bringing the total to 888,329 since June 1.

  • As of July 17, collectors purchased an arresting 350,572 Silver Proof Sets with 79,200 added in a week.

  • And to top it off, American Eagle Silver bullion coins sprung past 16 million for the year and 2,585,000 for a yet to be completed July — already registering the second best month and continuing at a record-setting yearly pace.

Read the rest of this entry »

Gold Falls with Oil as Dollar Gains, Silver Slides

Gold stepped back Wednesday for a second straight day as the U.S. dollar surged and crude-oil prices plunged. Platinum and silver also fell. In other market news, U.S. stocks ended modestly lower.

Bullion update ...In New York trading futures for bullion:

  • Silver for September delivery plummeted 48 cents, or 3.5 percent, to $13.26 an ounce.

  • Gold for August delivery fell $11.90, or 1.3 percent, to $927.20 an ounce.

  • October platinum dropped $24.40, or 2.0 percent, to $1,172.20 an ounce.

Read the rest of this entry »

Ronald Reagan Gold and Silver Coins Proposed

President Ronald ReaganThe relative silence on the coin legislation front was broken Friday with the introduction of a new bill seeking to celebrate former President Ronald Reagan’s life with gold and silver coins.

The Ronald Reagan Commemorative Coin Act of 2009, or H.R. 3341 for short, is the first bill in July and one of only a handful in the last three months that have been brought forward in the U.S. House of Representatives.

H.R. 3341 would authorize the United States Mint to strike up to 50,000 $5 gold coins and a maximum of 300,000 $1 silver coins in 2013. It was introduced by Rep. Robert Latta [R-OH] and has the current support of 29 cosponsors.

In atypical fashion, the bill is more succinct than most when it comes to coin design. The obverse or heads side of the coin would bear an image of Ronald Reagan as most would expect. The unusual details comes with specific directions for the opposite side of the coin. Read the rest of this entry »

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