Whenever I have a question about a California gold coin, token, replica, souvenir, or charm, I always check Mike Locke’s California gold website, as he is the foremost expert on these tiny issues. I had identified the NGC tokens using his website, placing a bid of $150 on the lot of seven. It sold for […]
Beware of scams in 2023 “Gold Rush,” warns Professional Numismatists Guild
Experts offer advice to get the most when you buy or sell gold and silver, and urge prudent common sense to avoid counterfeits (Temecula, California) January 30, 2023 — With gold prices now holding above $1,900 an ounce and silver at about $23, investors in the market to buy physical gold or silver should prudently […]
Bowers on Collecting: Surprises in the marketplace
The following was re-posted from the “Bowers on Collecting” column on Coin Update On April 17 to 19, 1980, the Central States Numismatic Society Convention was held in Lincoln, Nebraska, preceded by Professional Numismatists Guild Day on the 16th. The atmosphere was uncertain. Prices of gold and silver were down from their recent all-time highs, […]
Wayde Milas named PNG president
(Temecula, California) May 10, 2022 — Second generation numismatist Wayde Milas, president of Rare Coin Company of America (RARCOA) in Willowbrook, Illinois, has been selected as the new president of the Professional Numismatists Guild (PNG) for the 2022-2024 term. Milas’ father, Ed Milas, served as PNG President from 1983 to 1985. “Our respected, long-time PNG […]
Counterfeit detection: Altered 1893 Morgan dollar
A mintmark was added to this silver coin to make it look like a valuable Carson City example. As Morgan dollar collectors know, 1893 was a very interesting year for the beloved silver series. The U.S. Mint struck Morgans at four facilities that year: Carson City (‘CC’ mintmark), New Orleans (‘O’ mintmark), San Francisco (‘S’ […]
Central States Numismatic Society honors Beth Deisher with 2022 Q. David Bowers Award
CSNS annual honor recognizes lifetime achievements April 13, 2022 — The Central States Numismatic Society (CSNS) is presenting its annual Q. David Bowers Award this year to well-known and respected numismatic journalist Beth Deisher of Sylvania, Ohio. She served as editor of Coin World for 27 years until her retirement in 2012. During 2017 and […]
ACEF concerns included in federal government’s review of notorious markets for counterfeiting & piracy
March 21, 2022 — The sale of counterfeit U.S. coins and precious metals on e-commerce platforms and third-party marketplaces continues to escalate and the number of victims proves to be a highly lucrative and profitable business for counterfeiters. Unfortunately, victims across the country are falling prey to the unscrupulous marketing tactics, which result in financial […]
Predicting PCI crack-out grades at PCGS
I have been submitting to PCGS for more than 15 years and so have a good feel for their grading standards. I thought it might be useful for me to show PCI coins that I am submitting in early February and then report on the findings when they are slabbed and returned to me, which […]
Counterfeit detection: 1867 cent
The numbers just don’t add up on this fake coin. The Indian Head cent series of 1859-1909 remains one of the most popular with collectors of U.S. coins. It covers a period from just before the Civil War to just before World War I. There are no stoppers in the series, but many of them […]
Unstable coins: The early history of central bank analog currencies
By William Roberds, a research economist and senior adviser with the Federal Reserve Bank of Atlanta. Recently, there has been much discussion as to whether central bank digital currencies (CBDCs) should be introduced, and if so, how they should be designed. This article offers a historical perspective on this discussion, with a survey of early […]
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