Numismatic News for New England
Categories: Announcements [A], 123 wordsSend feedback •The US Mint has started taking order for $250 boxes of Presidential dollars. Each box will contain 10 25 coin rolls which may consist of rolls all from one mint or may have rolls from both mints. Customers will not be allowed to request which mints the rolls are from as the purpose of this program is to get the coins into circulation and as such these $250 boxes are not viewed as collector products. The other notable thing about this program is that the mint will ship the coins free of charge so these coins really are being sold at face value. Each customer is limited to a maximum of 2 boxes or 500 coins. For more info visit the mint’s web site as http://www.mint.gov
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Categories: Announcements [A], 65 wordsSend feedback •PCGS recently announced a new service where they will encapsulate coins which they had previously body bagged. These “problem” coins will be put in regular PCGS slabs but in place of a grade there will just be the word “Genuine". This service will not attempt to place a net grade on the coin similar to the way ANACS and NGC (under their NCC service) do.
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Categories: Announcements [A], 106 wordsSend feedback •The Treasury Department losts its appeal of a lower court decision ruling that it is discriminating against blind people because there is no tactile way for them to distinguish different denominations of US currency.
The Treasury Department had argued that blind people should use currency reading devices that identify different denominations as the cost to change the vending machines so that they could recognize different sized bills or some other method of distinguishing different denominations would be too expensive. However the US Court of Appeals disagreed. The Treasury Department has not yet announced if it is going to appeal the decision to the US Supreme Court.
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Categories: Announcements [A], 128 wordsSend feedback •The demand for Silver Eagles this year is so strong that the US Mint can’t mint enough to satisify market demand despite the fact that in the first 5 months of 2008 the mint has produced an amount almost equal to the entire 2007 mintage.
Also of interest to collectors of this series there is an important variety in the 2008 run of burnished uncirculated silver eagles with the W mint mark. The mint made a change to the font used for the lettering on the reverse and some 2008 W uncirculated coins were minted and released using dies from the old 2007 reverse. The easiest identifying mark can be found by looking at the “U” in United States. There is no tail on the 2007 reverse and there is a tail on the 2008 reverse.
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Categories: Announcements [A], 75 wordsSend feedback •There are reports circulating that forged ICG slabs with counterfeit coins being offered by Chinese sellers on Ebay. This means that counterfeit slabs have now been seen for all 4 of the major grading services. Be sure to check the slab number at the appropriate grading service and double check your seller’s feedback rating before buying any rare coin on Ebay! The number of counterfeit coins being sold on Ebay is really getting out of hand.
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On Saturday, October 11 NENA's 2008 Convention and Annual Meeting will again be held in conjunction with the New Hampshire Coin and Currency Expo, but at a new venue - The Radison Hotel/ Center of New Hampshire, 700 Elm Street in Manchester. We will continue our Young Numismatist (YN) program and expect to have a range of speakers and interesting presentations. Also, we will continue the practice of sponsoring a two-day ANA course. Check our web site, www.NENACoin.org, for details.
This year's medal theme is a nice complement to last year's Saint Gaudens $20 Gold centennial. This year we celebrate the centennial of Saint Gaudens $10 Gold Indian Head design. Once again, silver and gilded bronze ex- amples will be offered. Check for an order form elsewhere in this issue. If you haven't yet visited the Saint Gaudens National Historic Site in Cor- nish, New Hampshire, this year would be a great time to do so. His work is of great artistic as well as numismatic importance and a tour of his studio and grounds is both beautiful and informative. And if you do go, how about writing an article on your experience for NENA News? We are always looking for contributions and it is kind of neat seeing your byline in print!
Finally, the great cent
debate rages on - to keep it or
not? Should we change its composition? What do you
think? I think the new designs
for the Lincoln Cent Centennial
in 2009 would make a fitting
conclusion to the series. How-
ever, knowing our country's
resistance to change (e.g. we
still have the one dollar note in
addition to the largely non-
circulating coin), we'll probably
have the cent for the foreseeable
future.
Good collecting!
-Bob Hewey