Indholdsfortegnelse for November 19, 2024 i Numismatic News

Stack’s Bowers Galleries announced the November 2024 Showcase Auction of U.S. Currency. Featuring over 400 lots, the sale draws together a diverse offering of bank notes, from iconic rarities to historic items that reflect pivotal times in American history. Leading these highlights is a Fr. 2231-B 1934 $10,000 Federal Reserve Note that was once part of the legendary assemblage of $1,000,000 in cash that was displayed at Binion’s Horseshoe Casino in Las Vegas. Composed of approximately 100 $10,000 Federal Reserve Notes all issued by the Federal Reserve Bank of New York, this display was contained within a giant golden horseshoe and was one of many Las Vegas attractions that appealed to tourists and gamblers alike. Broken up for sale in the early 2000s, the display itself has been replaced, but…

The finer of just two examples of a rare 1837 Silver 25 cents token sold for $120,000 to lead Heritage’s Robert A. Schuman, MD Collection of Hard Times Tokens Showcase Auction to $1,130,999 on Oct. 28. The 1837 American Silver 25 Cents, Low-50, HT-74, W-NY-480-80j, R.8, MS62 NGC was produced in the alloy that Dr. Feuchtwanger referred to as “American Silver Composition.” “The Robert A. Schuman, M.D. Collection of Hard Times Tokens included the most complete die variety collection of tokens that Dr. Lewis Feuchtwanger produced,” says Heritage Senior Numismatist Mark Borckardt. “Among those tokens was the finer of just two known examples of Low-50, the famous 1837 American Silver 25 Cents Token that realized $120,000 in just its third auction appearance since 1882.” The finest of just four examples…

When collectors look at their coins, they tend to think that some faceless bureaucrat was responsible and the public had little to do with the Mint or its operations. It is, of course, true that ordinary citizens have little input, but there was a time in the 19th century when one man, Joseph Wharton, was a key player in the kinds of money used in the marketplaces. Wharton was personally responsible for one of the coins we still use today, the five-cent piece, or “nickel,” as it is familiarly known to the public since its first coinage on June 11, 1866. (Full-scale coinage began on June 15.) There was also a three-cent piece first issued in the spring of 1865, and it too was the brainchild of Joseph Wharton. Wharton…

On Nov. 5, 2024, the U.S. Mint released the 2024-S Limited Edition Silver Proof Set. This year’s silver coin set includes all five 2024 American Women Quarters, a Silver Eagle, a Kennedy Half Dollar and a Roosevelt Dime. The eight-coin set has a product limit of only 50,000. Numismatic Guaranty Company® (NGC®) is celebrating the coins’ release by encapsulating them with an attractive label that pays tribute to the city where they were struck, as well as a special designation of Limited Edition Set. NGC’s popular Early Releases and First Releases labels are also available. The eight-piece set features the following 99.9 percent fine silver coins: • a 2024-S Proof Silver Eagle • a 2024-S Proof Silver Kennedy Half Dollar • a 2024-S Proof Silver Reverend Dr. Pauli Murray Quarter…

Here are some answers sent from our e-newsletter readers. Read more responses at www.numismaticnews.com. Which innovation in numismatics do you feel has most impacted the field? Number one on my list is the Sheldon Scale, with the second being the Red Book. Both work closely together to form an excellent way of grading and placing your item in the most proper and ethical way possible. With these tools, among others, I feel I am the closest to a third-party grader. I know, not the best, but close. Roger Quintana M.ED/M.CJAIdaho. The biggest innovation in coins for me has been the advent of the reverse proof. It’s not a new invention since proof coins have been around since the 80s, at least. But having the fields frosted and the image being…

Coin oddities, especially ones where the origin is something of a mystery, always attract. The July 1965 issue of Coins magazine featured one such coin. The story by Starr Gilmore was titled “JOP: When Joseph Olivia Patenaude stamped his initials on silver dollars, he wrote the first chapter of one of the most unusual stories in numismatics.” “One of the oddest episodes in coin history, Canadian or any other, centers on the JOPS,” Gilmore wrote. “That they should have attained any aura of respectability seems to many of us unusual. In fact, it may well be that they are unique in this way. “Viewed from the strictly logical angle, they make little sense since the overwhelming majority of numismatists and collectors look with decided distaste upon a coin with which…

■ Reader Darrell Luektke wrote, “Your article in the June 18, 2024, Coin Clinic on “What tips can you give me for security when visiting a local coin show” was excellent. I have a suggestion that goes one step further that I use. Get an air tag. These are small devices that help people find personal objects Put an air tag in with your coins and currency. Collector input is always appreciated. ■ What is the best way to crack a coin out of a slab? You first must consider the reason you want to get the coin out of the holder. There is a risk to the coin and to yourself should you decide to go forward. One of the most obvious ways is to place the holder on…

Brought to you by NumisMaster.com The spot price of both gold and silver continues to escalate due to the weakness of the U.S. dollar as this commentary is being written. Several dealers with whom I spoke said they are now purchasing more gold than they are selling. One dealer said many of the gold ingots he is buying are packaged for sale by Costco. He discounts his buy offer on these products. The value of better grade but common date gold coins appears to be flat-lined, with most of the activity being in intrinsically valued coins (and ingots). The same is reasonably true of silver composition coins, but better grade common date silver coins are showing some signs of appreciation. The opposite end of this scale is scarce to rare…

FOR COMPLETE SHOW LISTINGS VISIT numismasticnews.net The weekly Show Directory lists all coin and paper money events scheduled within one month of the issue cover date. Show dates and times sometimes change at the last minute. Please contact the show promoter BEFORE traveling long distances. SHOW PROMOTERS: Run your show announcement FREE! Just email the information indicated in the form below to numismatics@aimmedia.com. All timely listings are also included in both Bank Note Reporter and World Coin News at NO CHARGE. *Dependent upon date of submission relevant to deadline and space availability. Want to make your show really STAND OUT? Whether you need dealers on the floor or collectors at the gate, Numismatic News offers the best, most qualified coin and paper money collector and dealer audience around – AND…

The recent Oct. 8, 2024, Numismatic News, and prior reports in national print numismatic press, reported about coin dealers and sad, tragic incidents of robbery at and after coin shows. While these reports are informative, they are geared and specific to coin dealers; how about attending coin hobbyists? They, we coin hobbyists, are certainly targets and could be victims. Over the decades, having attended coin shows around California and even at the national level, certain practices have been engrained. Two of my fellow sojourners, whose names shall be anonymous for their personal security, have created and now present a collective program titled “Enhancing Your Collecting,”which has a personal security segment. So, to Numismatic News readers, here are my suggestions, welcoming your input and insights. One: Do not travel or attend…