The Bureau of Engraving and Printing (BEP), the government agency responsible for printing US currency, has released the newest addition to the Presidential Portrait Collection, the President Barack Obama Engraved Portrait.

The collection features portraits of each US President captured with the "artistry and craftsmanship of skilled Bureau of Engraving and Printing employees."

There are two hand engraved pints available, a large 9" x 12" Obama portrait for $5.50 and a smaller 6" x 8" for portrait $5.00. Read the rest of this entry »

Bowers and Merena’s Official Auction of the Whitman Coin & Collectibles Baltimore Expo Features The Dr. Alfred R. Globus Collection Including Gem Example High Condition Census 1830 BD-1 Half Eagle

IRVINE, Calif. – Bowers and Merena Auctions, America’s leading rare coin and currency auction house, will bring more than 6,000 lots of fine coins and currency to Baltimore, Md., for the Official Auction of the Whitman Coin & Collectibles Baltimore Expo scheduled for November 10-14, 2009.

There are nearly 2,600 U.S. lots and close to 3,500 World lots. The auction will take place at the Baltimore Convention Center and begins with lot viewing Tuesday, November 10, through Saturday, November 14, coinciding with the seven-session auction on Thursday, November 12, through Saturday, November 14. Read the rest of this entry »

IRVINE, Calif. — Ponterio & Associates, a division of Bowers and Merena Auctions, will bring 1,250 lots of world paper money to Baltimore, Md., as part Bowers and Merena’s Official Auction of the Whitman Coin and Collectibles Baltimore Expo scheduled for November 10-14, 2009.

The auction will take place at the Baltimore Convention Center and includes an impressive world catalog presented in four sessions.

Currency highlights include more notes from the popular "East Bay Collection" set to cross the auction block. One of the notable countries with an impressive variety is Iran, which will be illustrated by many Imperial Bank of Persia issues, always sure to garner considerable attention. One of the highlights of the Iranian notes is a 20 Tomans 1925 Pick-15 in a strikingly original Very Fine grade. Read the rest of this entry »

The US government printed less money for the third consecutive month, according to the agency responsible for manufacturing US currency.

Bureau of Engraving and Printing (BEP) figures released Wednesday shows that the government produced fewer total notes in August than in July.

The BEP again exclusively printed $1s, $20s and $100s. Added together, 435,200,000 banknotes were manufactured during the month. The total dollar value of those notes, however, was slightly higher with additional $20s making up the difference. August came in at $16,345,600,000 versus the $16.3 billion in July.

Spread across the 31 days in August, the BEP averaged 14 million notes per day with a total daily value of about $527.3 million. Read the rest of this entry »

DALLAS, TX — The last numismatic blast of the summer of 2009 went off with an $18.4 million flourish in Heritage Auctions’ combined Long Beach U.S. Coin, Currency and World Coin events, Sept. 10-13.

The successful trio of auctions further heartened erudite collectors as the world reflects on a year ago as financial markets buckled. U.S. Coins saw solid results with a total of more than $9.4 million, while U.S. Currency’s strong showing amounted to more than $5.7 total, and World Coins continued its robust climb with more than $3.2 million in prices realized.

"We’re very satisfied with the results across the board," said Greg Rohan, President of Heritage. "As always, quality sells, and the top lots in each category certainly bore that out.

Bidding was spirited, more than 9,200 bidders participated and the overall results show us that the state of the numismatic market is quite sound; perhaps on its way to a full recovery, and beyond."

The first among equals at Long Beach was a stunning Read the rest of this entry »

The final $5 Lincoln Freedom Collection installment featuring crisp notes representative of Federal Reserve Districts of Richmond, Atlanta, Chicago and Minneapolis will launch Tuesday, Sept. 1, at 9:00 AM ET, the Bureau of Engraving and Printing (BEP) has announced.

The price for each is banknote is $29.95. The entire 12-note Series 2006 $5 collection is also available through the BEP’s Lincoln Freedom Subscription Program for $299.40. Read the rest of this entry »

The US government cut back currency production in July, newly released Bureau of Engraving and Printing (BEP) figures reveal.

Fewer notes — in denomination and amount — were printed in July versus June. The BEP focused on $1s, $20s and $100s. Added together, 438,528,000 banknotes were produced with a value of $16,303,360,000. In contrast, the BEP printed 558 Million notes worth $17.1 billion in June.

Spread across the 31 days in July, the BEP averaged 14.1 million notes per day with a total daily value of about $525.9 million. Read the rest of this entry »

IRVINE, Calif. – Bowers and Merena Auctions, America’s leading rare coin and currency auction house, today announced that it has named Matthew Quinn as director of currency auctions. Quinn will work alongside notable currency specialist, Kevin Foley, consignment director and senior numismatist for rare currency for Bowers and Merena.

The announcement comes on the heels of Bowers and Merena’s highly successful Official Auction of the American Numismatic Association World’s Fair of Money in Los Angeles in early August, which presented more than 500 U.S. and world banknotes, including a Rare 1870 Fr. 1162 $100 California Gold Bank Note that realized an extraordinary $207,000.  

Quinn comes to Bowers and Merena from sister company Spectrum Currency where he worked at dealing banknotes, cataloging, auction processing, and enhancing dealer relationships. Read the rest of this entry »

Heritage to Present 3400+ Lot Signature® Currency event, Sept. 9-13

Dallas, TX — One of the largest offerings of Continental currency and Colonial paper money to be auctioned off in decades will highlight the Official Currency Auction of the September 2009 Long Beach Coin, Stamp & Collectibles Expo conducted by Heritage-Currency Auctions of America, Sept. 9-13, at the Long Beach Convention Center, 100 S. Pine Avenue, Long Beach, CA 90802.

The auction will consist of four floor sessions along with one online-only session. The lot viewing will take place in Room 104A and the auction itself will be held in Room 103C.

"We have four fine collections anchoring this auction," said Dustin Johnston, Currency Consignment Director at Heritage, "all of which, taken together, offer an excellent survey of American Currency from the Colonial era through current Federal Issues. We’re quite excited to offer these great examples."

The Midnight Ride Collection includes an extensive quantity and variety of Colonial material, including many rare pieces. Read the rest of this entry »

US currency may get new designs to make them more identifiable to the blind and visually impaired, but implementing changes could cost billions of dollars, a new study reveals.

The Bureau of Engraving and Printing (BEP) announced that it initiated and has received a comprehensive report entitled Study to Address Options for Enabling the Blind and Visually Impaired Community to Denominate U.S. Currency.

"This study is the next step in providing meaningful access to currency for the blind and visually impaired," said Larry R. Felix, Director of the BEP.

The report, which the BEP received on July 28 and made available to the public on August 7, consisted of three phases: Read the rest of this entry »