Blog Page 1067

Austrian Snowboarding and Ski Jumping Coins Celebrate 2010 Winter Games

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To celebrate the Winter Games, the Austrian Mint in Vienna has issued two silver 5 Euro coins. Each displays a winter discipline in which Austria is a world-leading performer.

Austrian 5 Euro Snow-Boarding and Ski-Jumping 2010 Winter Games Silver Coins
Austrian 5 Euro Snow-Boarding and Ski-Jumping 2010 Winter Games Silver Coins
(Click coins image to enlarge)

The first has as its theme ski jumping. One sees the helmeted ski-jumper captured in his flight from the end of the steep ramp against a background of trees in an alpine forest. The second design shows a female snow-boarder as she performs a hair-raising air trick, flipping her snowboard up over the rim of the half-pipe in which they perform.

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Gold Falls 1.3% in New York, Silver Tumbles 2.5%

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New York metal futures declined on Wednesday, with gold falling 1.3 percent and for the first time this week. Pressuring the yellow metal was...

Gold, Silver, Metal Prices: Commentary – 1/27/2010

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PIGS Feed = Euro? Good Morning, All was quiet on the western gold front ahead of the FOMC meeting slated for later in...

US Mint 2009 Annual Report Released, Bullion Coin Revenue Hits Record

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Fiscal year 2009 was filled with bittersweet coin news according to the recently released United States Mint 2009 Annual Report. Even with total sales...

Gold Rises for Second Day, Silver Retreats Below $17

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Despite pressure from a stronger US dollar, New York gold futures on Tuesday rose slightly to mark a second session of gains. The...

US Mint Gold Buffalo and First Spouse Coin Price Cuts

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Gold prices tumbled last week from Wednesday through Friday, and the balance looks to be tipped enough that the United States Mint will cut...

America the Beautiful Quarters, CCAC Dropped the Ball… AGAIN!

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Theodore RooseveltWhile catching up on the weekend's reading I came across an article Debate rages in coin world: Theodore Roosevelt or George Washington on new quarter? The article is about how the Citizens Coinage Advisory Committee debated whether to recommend that Teddy Roosevelt be placed on the obverse of the new America the Beautiful Quarters.

Introduced in 1932, the Washington Quarter was intended to be issued as a one-time circulating commemorative to honor the 200th anniversary of George Washington's birth. The quarter was born of controversy when Secretary of the Treasury Andrew Mellon chose John Flanagan's depictions over what had been determined to be a more artistic version by Laura Gardin Fraser. Although Mellon was a collector of great fine art that was later donated to the National Gallery of Art, many knew he was a sexist and refused to consider that a woman's work was better than a man's.

As the Great Depression deepened, no quarters were struck in 1933. Toward the end of the year, US Mint director Nellie Tayloe Ross was asked by the Federal Reserve to produce more quarters for circulation. Rather than use a new design, Ross ask the Treasury Secretary William Woodin for permission to continue to use Fraser's design. Since Ross and Woodin did not want to undergo a new design competition, the Fraser designed continued until it was "updated" in 1999 for the 50 State Quarters Program.

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ACCG Board Election Nominations Close Feb 15

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The seven-member ACCG Board of Directors is elected by the general membership every two years. The Director term is a four year position,...

BEP Offers Uncut Currency Sheets

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The Bureau of Engraving and Printing (BEP), the government agency responsible for printing US currency, is now offering Series 2006 $1 Uncut Currency...

Royal Australian Mint Launches Australia Day 2010 Coins

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In the lead-up to Australia Day, the Assistant Treasurer, Senator Nick Sherry, announced the design of the newest coin to go into the hands of Australians.

Australian Day 2010 coins: 50 cent circulating coin and collectible gold-plated coin
Australian Day 2010 coins: 50 cent circulating coin and collectible gold-plated coin for collectors (Click image to enlarge)

Commemorating and celebrating Australia Day and designed by the Royal Australian Mint in consultation with the National Australia Day Council, this 50 cent coin marks the spirit of this significant national celebration and will soon be available around the country.

Australian cricket great and National Australia Day Council Chairman Adam Gilchrist welcomed the newest coin to go into the hands of Australians.

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1930-D Lincoln Cent MS67 Red

140-Coin Lincoln Cent Collection Tops $309K at Heritage Auction

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A collection of just 140 Lincoln cents realized $309,303 in Heritage Auctions' Oct. 26 Makes Perfect Cents Collection sale, led by a 1914-D Lincoln...