Coins have long been used as a way to pay respect to the dead, particularly to soldiers, throughout the ages. It is a well-known tale that the ancient Greeks left a coin in the mouths of the deceased so that Charon, the ferryman of the rivers Styx and Acheron in Greek mythology, could navigate their souls to the underworld. The tradition of leaving coins on the headstones of fallen service members … [Read More...]
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Gold Rush treasure “Supernova” sinks previous 1857-S $20 record in Legend Rare Coins auction
S.S. Central America’s astonishing, multi-toned double eagle sells for record $282,000 (New Orleans, Louisiana) May 18, 2019 — The spectacular 1857-S double eagle, recovered in 2014 from the fabled S.S. Central America and nicknamed “Supernova” because of its amazing, unique natural toning, set a record price for any 1857 San Francisco Mint $20 gold coin […]
U.S. Mint sales report: Week ending May 12, 2019
This U.S. Mint numismatic sales report covers the week ending May 12, 2019. The Mint’s best-selling product this week was the 2019 Silver Proof Set (19RH), which sold 7,866 units. In second place was the James Madison presidential silver medal (S804), which sold 5,790 units. The third best-selling item this week was the 2019 Proof Set […]
Architect I.M. Pei and “what might have been” in American gold medals
This past week my brother-in-law, an architect, visited for a couple days, and at one point we talked about the famous Chinese-born and MIT- and Harvard-trained architect I.M. Pei. “He designed the student commons at my college,” I mentioned. I’ve probably mentioned that to him a hundred times over the years. Every University of Rochester […]
GoldGram and Dillon Gage sign agreement for strategic global alliance
New York, May 15, 2019 — Singapore-based GoldGram Pte. Ltd., creator of the new asset-backed token GGC GoldGramCoin, and Dallas-based Dillon Gage, a world leader in physical precious metals trading and technology, today announced that they have entered into a strategic global alliance through which Dillon Gage will supply the physical gold that underlies GGC. […]
NLG announces awards competition for 2019
The Numismatic Literary Guild (NLG), a nonprofit organization composed of editors, authors, and writers who cover news and feature stories about all forms of money, medals, and tokens as collectibles, has announced its annual awards competition for 2019. This year’s competition is being overseen by David Lange, the new NLG Awards Coordinator. To be eligible […]
Honoring our armed forces through study: Challenge coins
Every third Saturday in May since 1950, the United States celebrates Armed Forces Day, which honors the brave men and women serving in the five different branches of the U.S. military. These five branches include the U.S. Army, the U.S. Coast Guard, the U.S. Air Force, the U.S. Navy, and the U.S. Marine Corps. While […]
Monaco: Silver Proof coin remembers the 90th anniversary of the birthday of Princess Grace
The treasury of the Principality of Monaco has issued (16th May) new silver crown coins which remember what would have been the 90th birthday of Her Serene Highness, Princess Grace of Monaco. Beloved and sadly missed, the warm and generous spirit of the princess is still very much in existence in the small Mediterranean country. […]
United States Mint annual set of Uncirculated coins goes on sale
Latest set is the third to include premium penny from West Point Washington — The 2019 United States Mint Uncirculated Coin Set (product code 19RJ) went on sale starting on May 14 at noon (EDT). This annual collector favorite contains two folders with 10 coins each — one with coins from the United States Mint […]
Bowers on collecting: The ANA and the ANS
My invitation for readers of Coin Update to send suggestions for future blogs drew a very nice response. So much so, in fact, that I have enough subjects for the rest of May and also for June. Mike C. from Tennessee sent this: The American Numismatic Society has existed long before the American Numismatic Association, […]
CAC coins bring premiums in April 2019
In addition to faring well in Internet sales during the month of April, CAC-approved coins outperformed other certified coins in a live auction near Chicago. Here are 10 examples which were selected from a large number of results that could have been listed. On April 7, GreatCollections sold a CAC-approved VF-25 1815 quarter for $956.25. […]
