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US Mint Markets Dollar Coins, Consumers Say No

Mike Unser — Tue, 21 Oct 2008 19:54:29 +0000

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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500-Year Old Portuguese Shipwreck of Gold, Coins and Treasures to be Saved

CoinNews.net — Thu, 02 Oct 2008 17:15:00 +0000

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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Court Rules U.S. Currency Discriminates Against Blind

CoinNews.net — Tue, 20 May 2008 18:43:46 +0000

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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Coin Dealers Examining Gold From Sunken Steamship Off Louisiana Coast

CoinNews.net — Thu, 15 May 2008 07:54:34 +0000

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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The Penny Debate Continues – Why Keep It?

CoinNews.net — Tue, 18 Mar 2008 15:35:10 +0000

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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Odyssey Discovered Shipwreck Treasure Site Stays Hidden, Judge Orders

CoinNews.net — Thu, 13 Mar 2008 17:19:22 +0000

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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DGSE Companies, Inc. Completes Move to 20,000 Square Foot Headquarters

CoinNews.net — Tue, 11 Mar 2008 20:02:57 +0000

Dallas, Texas. DGSE Companies, Inc. (AMEX:DGC), which buys and sells and auctions fine watches, jewelry, diamonds, precious metal and rare coin products, has announced the completion of its move to a new 20,000 square foot facilities in Dallas, Texas. Regarding the move, William Oyster, President of DGSE, said, “The move to the new facilities allows […]

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Coin Collecting is a Cool Hobby for Youngsters

Mike Unser — Mon, 10 Mar 2008 16:21:54 +0000

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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China to Issue 23 Gold and 21 Silver Commemorative Coins

CoinNews.net — Tue, 26 Feb 2008 06:05:08 +0000

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 While few details are currently available, China View indicates the coins will focus within eight main themes.

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Lincoln Portrait Made by Father and Son Using 2,400 Pennies

CoinNews.net — Thu, 21 Feb 2008 06:05:29 +0000

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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