Embedded video from CNN Video News is abound with Odyssey Marine Exploration’s claim to have discovered HMS Victory, the legendary British warship that disappeared in the English Channel following a 1744 storm. Odyssey, a deep-sea exploration and treasure-hunting firm, announced their findings last Monday in London. The warship may have been carrying up to 100,000 […]
The Royal Canadian Mint’s latest coin in the Vancouver 2010 collection is launched. The sport of cross-country skiing is depicted on the newest circulating 25-cent coin to commemorate the Vancouver 2010 Olympic and Paralympic Winter Games. The Mint will officially introduce the public to the tenth of seventeen circulation coins to celebrate the Vancouver […]
The British Royal Mint hopes to inspire UK residents to draw up fresh designs for millions of 50 pence coins for the London 2012 Olympic and Paralympic Games. The Royal Mint on Tuesday offered children, students and the general public a once in a lifetime opportunity with competitions geared to create 29 olympic themed designs […]
Greg Rohan and Todd Imhof offer commentary on the state of the market at www.HA.com. Dallas, TX – On the heels of the success of Heritage Auction Galleries’ $65 million-plus FUN and NYINC auctions, Jan. 7-10. Heritage President Greg Rohan, and Vice President Todd Imhof, sat down for a candid discussion of the current trends […]
The Israel Antiquities Authority in late December announced the discovery of 264 ancient gold coins in Jerusalem National Park. The find was described as "one of the largest and most impressive coin hoards ever discovered in Jerusalem." British archaeologist volunteer, Nadine Ross, uncovered the ancient coins at an excavation site and within the ruins of […]
A joint U.S. Mint and Washington Metro press conference last week announced that $1 coins were accepted and dispensed in Metro farecard vending machines. Thanks to Metro and its YouTube channel, the video of the conference with United States Mint Director Ed Moy and Metro’s Washington Metropolitan Area Transit Authority Chief Financial Officer Carol Kissal […]
A teacher who enjoys metal detecting as a "meditative hobby" discovered a treasure trove of ancient Celtic coins in a cornfield in the southern Dutch city of Maastricht. "It’s exciting, like a little boy’s dream," Paul Curfs said after his discovery was made public. Curfs experienced a fair amount of luck too, considering he was […]
It’s no secret. The currency of choice is not change, and it’s no longer paper money. For many Americans, both forms have become annoyances — especially in high value purchases. Coin usage is declining, and trending toward extinction. These days, it’s about plastic with the convenience of credit and debit cards.
While the U.S. Mint is spending money on mandated marketing and a doomed promotion of Presidential $1 coins, or announcing the exciting four new 2009 Lincoln penny design images, the reality is Americans dislike to receive or use these coins more than any other pocket change. And how a coin looks or feels is mostly inconsequential to anyone but collectors. But it goes beyond the penny and dollar $1 coin, as the outlook for every circulating coin further declines.
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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 of Lincoln’s birth and the 100th anniversary of the Lincoln cent in 2009. Nearly every major outlet had something to say about the four commemorative coins. And, why not? It’s not […]
A 1873-CC Seated Liberty silver dollar may have saved a couple in Parma, Ohio from losing their home. According to WKYC-TV, the couple brought the extremely rare coin to Jim Matiach for an appraisal. Matiach, President of Coin and Jewelry Buyers of America, had good news. "We sat down and we were able to negotiate […]
