Yearly Archives: 2008
San Francisco First Day $2 Single Notes for Collectors Available
Bullion & Business Weekend Report – Mar 8
Life Member Larry Shepherd named ANA Executive Director
Spink Acquires R.M. Smythe & Company
New Coin to Celebrate 400th Anniversary of Quebec City, Features Work...
Reintroduced House Bill Seeks to Change the Composition of Metals in...
The cost to manufacture pennies and nickels exceeds their face value. A newly introduced House bill would change the metal composition in coins to make them profitable again.
The newly introduced bill is not a new concept. A similar bill received attention late last year. The 'Coin Modernization and Taxpayer Savings Act of 2007' failed to get through the gates when a mini firestorm erupted. Mostly because the bill contained more than what its name implied - a provision that would allow citizens to melt pennies.
That portion of the bill proved to be controversial. Why? The U.S. Treasury implemented a ban on melting 1-cent and 5-cent coins that went into effect just months earlier with a stated objective to save money.
Read the rest of this numismatic news article »"Carl F. Chirico Jr. Collection of World Pattern Coins" Tops $2...
IRVINE, Calif. – Bowers and Merena Auctions, America's leading rare coin auction house, delighted World coin enthusiasts in Baltimore and across the globe on March 1 with an action-packed special session of World/Ancient Coins as part of their first of three Official Auctions of the Baltimore Coin and Currency Convention for 2008.
The World session was the grand finale of the four-session auction that realized a total of $9,764,934 and saw more than 3,200 lots cross the auction block. The World/Ancient session realized 2,155,414.
Bowers and Merena Realize More Than $9.7 Million in Baltimore
The Rare Coin Company Set to Secure “Holy Grail” of Australian...
Queensland, Australia. The Rare Coin Company is poised to set yet another world record when it bids to acquire the very first Australian Commonwealth Banknote ever printed, the 1913 Ten Shilling note.
Rob Jackman, the Company’s founder will attend the International Auction Galleries auction at the Sofitel Hotel Gold Coast in Queensland on Sunday 9th of March 2008 from 3pm. It is estimated that the banknote is valued at $1.3 to $1.4 million dollars and that the auction will attract a number of major coin dealers and private collectors.
If successful, this will be the second time in less than four months that The Rare Coin Company has set a new world record for the price paid for an Australian banknote at public auction. In November 2007, the Company paid $1,223,250 dollars for an Australian 1924 George V One Thousand Pound banknote, which was sold at auction by Nobles Numismatics in Sydney.