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2008 September

Monthly Archives: September 2008

Spectrum Launches World Currency Division

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(Irvine, California) -- Spectrum Numismatics International of Irvine, California again is expanding its operations with the opening of a World Currency Division. ...

Gold Moves Down, as Dollar Gains and Oil Retreats

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New York silver, gold and platinum futures fell Tuesday, as the U.S. dollar showed strength and crude dropped following yesterday's monstrous surge. After gaining...

Daily Numismatic Headlines for September 23, 2008

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The following numismatic articles are not written for CoinNews, but we recommend collectors read them for their unusual or interesting content: Tips...

Lincoln Cent Designs for 2009 Pennies Discussed in Press: Video

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The mainstream press picked up and ran with the U.S. Mint's promotion of Lincoln penny images and the new coins to honor the bicentennial...

Nickel Swap for Half-Dime Clarified in Legislation

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Coin Legislation on Capital BuildingCongressman Frank Lucas introduced House Resolution 6942 Thursday that would swap today's Jefferson Nickel with a circulating half-dime of old.

In an article Friday, details were scarce because the Government Printing Office had not yet published the bill's text. That is no longer the case.

H.R. 6942 is officially entitled the '5 cent Restoration Act of 2008.' Interestingly, it is at the top of the brevity scale when it comes to coin legislation with fewer than a dozen sentences. At the bill's core are three lines that state its intent:

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VIP Visitors at Busy September 2008 Long Beach Expo

A virtually non-stop flow of bourse floor traffic, nearly $35 million of coin and bank note auctions and visits by California's Attorney General and...

Counterfeit Pound Coins Double, How to Detect a Fake £1

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The number of counterfeit £1 coins in circulation has doubled in the last five years, according to new figures released by the Royal Mint...

PNG President Praises New Penny, But Doubts Practicality

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(Edina, Minnesota) – The introduction next year of new designs for the common Lincoln cent is being praised by a coin expert, but he...

Lincoln Penny Design Images for 2009 Circulating Cents

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2009 Lincoln penny design images were revealed by U.S. Mint Director Ed Moy Monday morning during a news conference at the Lincoln Memorial. The four reverse designs celebrate a different aspect of Abraham Lincoln's life: his birth and childhood in Kentucky, his formative years in Indiana, his professional life in Illinois and his Presidency in Washington, D.C.

2009 Lincoln Penny Reverse Design Images

 

"This is a momentous occasion in the history of our Nation's coinage because these designs represent the first change in the Lincoln cent in half a century," said Director Moy. 

"These coins are a tribute to one of our greatest Presidents whose legacy has had a lasting impact on our country.  He believed all men were created equal, and his life was a model for accomplishing the American dream through honesty, integrity, loyalty, and a lifetime of education."

 

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Bullion & Business Weekend Report – Sept 20

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Gold and silver enjoyed sharp gains in a week where markets were up and down over concern for worsening financial conditions. Within a 48-hour...