Numismatic Blog and News Headlines for October 14, 2008
The Economy, the Auction Market, and Heritage
Daniel Frank Sedwick Auction, Over $1 Million in Treasure
With World Gold and Silver Coins, Shipwreck Silver and Gold Ingots, Shipwreck Artifacts and even Miscellaneous Coins and Antiques from Colonial Days or Later.
Winter Park, FL — Daniel Frank Sedwick, LLC announces the release of their new mail-bid Treasure Auction #4 by catalog and internet. The auction closes November 6.
Highlights of this sale include:
A California Gold Rush-era gold ingot from the S.S. Central America (1857) estimated at $125,000+ and also a gold bar marked with the "En Rada" stamp (Peña-Randa) from the Atocha (1622) estimated at $40,000+;
-
The "Golden Fleece wreck" (ca. 1550) Special Research Collection of Mexican Charles-Joanna rarities (including the famous 3 reales of 1536 estimated at $10,000+ and many of the finest specimens of the first issues struck in the New World), as well as gold "finger" bars and silver "splash" ingots from the same wreck;
Gold Falls for a Third Session, Silver Up, Platinum Down
PCGS Certifies Hoard of Rare Gold Half Eagles
Commemorative Coin for India’s First Woman Saint, Sister Alphonsa
Bush Signs Boy Scouts of America Centennial Commemorative Coin Act
President Bush on Wednesday signed into law the Boy Scouts of America Centennial Commemorative Coin Act (H.R. 5872). The act authorizes 350,000 silver dollar coins in recognition of the 100th anniversary of the Boy Scouts of America (BSA) in 2010.
H.R. 5872 enjoyed overwhelming support in both parties, passing in the House on April 22 and the Senate on September 27.
Congressman Pete Sessions [R-TX], who is an Eagle Scout with four generations of Boy Scouts in his family, introduced the bill and was thankful it passed.
"From conservation to character building, the Boy Scouts' 100th Anniversary celebrates the highest Scouting ideals of helping others and making communities stronger," said Sessions.
"I believe that a commemorative coin will be an important and influential symbol for Scouts of all ages and raising awareness of the importance of Scouting programs for future generations."
Royal Canadian Mint Named One of Canada’s Top 100 Employers for...
Paul Hollis Brings $2.5 Million 1844-O Proof $10 "Home"
(New Orleans, Louisiana) – The 1844-O proof Eagle, a one-of-a-kind gold coin struck at the New Orleans Mint 164 years ago, has returned "home" to the Louisiana State Museum – Old U.S. Mint with the help of New Orleans coin dealer, Paul Hollis.
The unique, $10 denomination gold piece apparently was specially struck as a presentation piece, and over the decades it's been in the famous coin collections of a former U.S. Treasury Secretary and an early 20th century Chicago beer baron.
It is certified by Numismatic Guaranty Corporation as Proof-65 Ultra Cameo, and now insured for $2.5 million for an upcoming exhibition.
Bullion & Business Weekend Report – Oct 11
