The U.S. Mint is spending about $12 million in a four-city pilot program in an attempt to dissuade consumers away from their convictions that dollar coins are superior to paper bills. The pros and cons of $1 coins have been debated for years. The first round knockout always goes to the untouched champ, Mr. Paper […]
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View Larger Map Geologists hunting for diamonds instead recently discovered a 500-year old Portuguese shipwreck filled with silver and gold coins, copper ingots, cannons and other valuable artifacts off the Namibia, African coast. “The vast amounts of gold coins would possibly make this discovery the largest one in Africa outside Egypt,” said Francisco Alves, […]
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The U.S. Court of Appeals for the District of Columbia Circuit upheld a 2006 district court ruling that could result in new banknote designs that are more distinguishable for the blind and visually impaired. The appeals court ruled today by a 2-1 vote. It upholds the 2006 ruling by U.S. District Judge James Robertson in […]
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A steamship that sank off the Louisiana coast during an 1846 storm has produced a trove of rare gold coins, including some produced at two largely forgotten U.S. Mints in the South, coin experts say. Last year, four Louisiana residents salvaged hundreds of gold coins and thousands of silver coins from the wreckage of the […]
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Is the demise of the Lincoln penny approaching? Public sentiments appears slightly shifted toward its continual survival and the penny is guaranteed to be around for the next several years. The newly designed pennies for 2009 celebrating the bicentennial birth of Lincoln will see to that by itself. But is sentiment for the penny changing […]
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U.S. Judge Mark Pizzo ruled Wednesday that the location of the shipwreck site where 17-tons of Colonial-era gold and silver coins were hauled up from the ocean floor must be kept a secret. The legal dispute started back in May of 2007 when Odyssey Marine Exploration discovered a 17th-century shipwreck, they code-named the “Black Swan”. […]
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Young collectors of today have a unique perspective in collecting coins compared to what many of us experienced while growing up. Think of the Internet. How easy is it to take for granted the huge resources the Internet has provided in researching coins, buying and selling them and simply keeping in touch with events and […]
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The People’s Bank of China (PBOC) has an aggressive lineup of coins this year with a schedule of releasing 44 commemorative coins. The central bank plans call for: 23 gold coins 21 silver coins
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Coin collectors are experienced in placing and arranging coins within albums, folders, holders and the like. Many collectors also enjoy showing their collection to family, friends and other collectors. However, the thought of taking collected coins, artistically arranging them into a portrait and sharing the results with the public is something, likely, most numismatists would […]
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