The following is a courtesy post from our sister site, Mint News Blog. Most people know that a president able to appoint several Supreme Court justices during his tenure will have an impact on our country that far outlasts their presidency. However, presidents who have the chance to make major changes to the Federal Reserve’s […]
New anti-counterfeiting technology: Dogs
Dogs are renowned for their almost supernatural sense of smell and have been used for years by law enforcement to solve some of the most complicated crimes ranging from drug smuggling to cold-blooded murder. In 1997, the world was introduced to the first counterfeit-sniffing dog, named Mike, and the concept has rapidly gained popularity ever […]
Royal Canadian Mint Act authorizes special loonie to commemorate centennial of Toronto Maple Leafs
On June 22, 2017, the Royal Canadian Mint Act authorized the issuance of a $1 circulation coin (the denomination fondly known in Canada as the “loonie”) commemorating the 100th anniversary of the Toronto Maple Leafs hockey team. The “Rationale” section of the act states the following: The 100th anniversary of the Toronto Maple Leafs is […]
Fort Knox opened to civilians for the first time in 40 years
The following is a re-post from Coin Update’s sister site Mint News Blog. For much of the country, yesterday was “eclipse day.” But at Fort Knox, the big yellow wasn’t being covered up—it was being revealed: for the first time in 40 years, the U.S. Bullion Depository there was opened to civilians. The Washington Examiner […]
John F. Kennedy commemorative coin bills introduced
On July 17, companion bills were introduced in the House and Senate authorizing production of commemorative coins to honor the birth centennial of President John F. Kennedy. Since last year (and even earlier), collectors have been watching for a blip on the legislative radar that would signal plans for a Kennedy commemorative; as each month […]
“Past & Present” takes a look how crises have often led to creative porcelain coins
Times of emergency such as war, recession, or other economic crises, often result in shortages of metal. Occasionally, this has led to the use of non-metal materials for coins and tokens, such as the wooden nickels of Depression-era Washington. One of the most interesting materials used in lieu of precious metal was porcelain. The two […]
Perth Mint’s rare $1.8m coin trilogy sold
The following is a courtesy post from our sister site World Mint News Blog. The pinnacle of the Perth Mint’s long-term association with Rio Tinto and Argyle Pink Diamonds, the Australian Trilogy is an incomparable combination of precious metals and rare, natural, fancy-colored diamonds unearthed from the Argyle Diamond Mine in the east Kimberley region […]
“Past & Present” takes a look at the success of the 50 State Quarters Program
Here at Coin Update, we’re great fans of the blog “Past & Present,” which is operated by the Stamp & Coin Place. We like it so much, in fact, that we asked them to let us share snippets of their blog posts from time to time. Happily for our readers, they graciously agreed. The following, […]
Development of the first U.S. state-run bullion depository is underway in Texas
The following is a re-post courtesy of Coin Update’s sister site Mint News Blog. Lone Star Tangible Assets (LSTA), an Austin-based firm, has signed a five-year contract with the government of Texas to manage the state’s bullion depository, which will be under the authority of the state comptroller general (currently Glenn Hegar). Prior to the […]
Hoard of 41 Roman solidi discovered in a Dutch orchard
The Dutch website de Volksrant reports (in a June 2 article by Geertje Dekkers) on the disclosure of a 41-piece gold hoard unearthed in an orchard in Gelderland. Based on certain of the gold solidi—those from the brief rule of Majorian (457–461)—experts believe the coins were buried around 460 AD. At that time, the Netherlands region was in […]
