HomeNumismatic BooksBook ReleasesCoinWeek News Wire for May 8, 2016

CoinWeek News Wire for May 8, 2016


By Coinweek ….

CoinWeek News Wire for May 8, 2016

Brain Food

1.) Money Making: A Brief History of Currency from the British Museum

Debate has begun over the choice of JMW Turner to be commemorated on a Bank of England banknote.

The public was included in the choice of nominations for the honour of appearing on the next £20 note, to enter circulation in 2020….

2.) An Illustrated History of American Money Design

From the first notes issued by the Continental Congress to the latest star-spangled bills released by the Federal Reserve, the history of money in America is laced with rebellion, propaganda, and—of course—lots and lots of wealth. It’s awkwardly beautiful

World of the Weird

3.) The Joshua Coin Chronicles

Did a mystical coin bring good fortune to the Reynolds family? Or was it all a farce? Come along as we unravel the mystery of the Joshua Coin….

4.) Man pays for his supermarket trolley with a CHOCOLATE BUTTON

THERE’S nothing more annoying than arriving at the supermarket and realising you’ve forgotten your pound coin for the trolley.

But one man has found a genius way to release the metal cart from its cage – without cash…

coin_crime_alert5.) NCIC Crime Bulletin

From the Numismatic Crime Information Center (NCIC):

Vehicle Burglarized

On May 1, 2016 a dealer attending the Wooster, Ohio Coin Club show was the victim of a vehicle burglary. The offense occurred in the parking lot while loading up at the conclusion of the show. The victim may have been targeted by a group of four women and two males described as Hispanic or Colombian in nationality who had been acting suspicious during the show.

A partial list of the stolen coins:

  • 1975 1oz Kruggerrand
  • 6-1915 1 Ducat unc
  • 1915 100 Korona unc
  • 1915 4 Ducat unc
  • 1 1908 Hungary Korona unc
  • 1 1906 Mex 10 Peso gold unc
  • 1 1959 Mex 10 Peso gold unc
  • 2 1907S US $20 gold unc
  • 17 1986-2008 gold 1 oz Eagles NGC/PCGS MS69
  • 10 1986-2008 ½ oz Eagles unc
  • 15 1997 $5 gold eagles unc
  • 9 US $10 Olympic gold proofs
  • 5 1987US $5 Const gold unc
  • 4 1994 US $5 World Cup Gold

Anyone with information should contact Lt. Bolek at the Wooster Police Department, (330) 287-5700.

Vehicle Burglarized

On Sunday April 24, 2016 two Idaho dealers on their way home from the Tukwila, WA coin show were victims of a vehicle burglary when they stopped approximately 30 mins after leaving the show. The suspects used an unknown type of instrument to open the driver’s door giving them access to three plastic totes and a large wooden briefcase containing over $100,000 in coins and cash.

Two vehicles were used during the offense which were described as a new Chevrolet Equinox with California plates and possibly a older Subaru with Washington plates. The only description of the suspects was that one was a white male.

Partial listing of stolen coins:

  • Large amount of coins from half cents to silver dollars in 2×2’s written in blue ink and 1 1/2x 1 1/2’s in green or blue
  • Box of certfied dollars
  • 1840 Seated dollar toned xf/au
  • MS 63 1857 Flying Eagle
  • 1907 xf/au gold Indian
Phone Scam

Several dealers have contacted the Numismatic Crime Information Center regarding a possible phone scam.

The suspect has used two different names, Richard Iden and Richard Otten, along with two different phone numbers (702) 954-1857 and (702) 986-3164. The location of the call is from Nevada.

The suspect states that he has a large number of Carson City dollars (135) belonging to his great-great grandfather who had worked at the mint and that his mother had sold some coins to the dealer in the past and she wanted to be sure that he sells the remainder to him when it was time. The suspect wants money sent up front or needs money to help with the shipping.

The story is basically the same but some details may be different in each call.



Long Island Numismatics has reported the loss of three coins.








The following coin was stolen from a collector after leaving the CICF show in Rosemont, IL.

1638 Netherland Daalder variety D-4863 PCGS AU55 #753375

1638 Netherland Daalder variety D-4863 PCGS AU55


Detectives with the Atlanta, GA police department are investigating a burglary where several 100-ounce silver bars and miscellaneous coins were stolen.

The following is a partial list of stolen bars and coins:

  • Engelhard 100 oz Silver bar 999+fine Serial No. P-228867
  • Engelhard 100 oz Silver bar 999+fine Serial No. P-062430
  • Engelhard 100 oz Silver bar 999+fine Serial No. P 228773
  • Engelhard 100 oz Silver bar 999+fine Serial No. P 153184
  • Engelhard 100 oz Silver bar 999+fine Serial No. P 064815
  • Engelhard 100 oz Silver bar 999+fine Serial No. P-247810
  • Engelhard 100 oz Silver bar 999+fine Serial No. P-005291
  • Sunshine Mining 10 oz Silver bar 57992
  • Engelhard 100 oz Silver bar 999+fine Serial No. P 187527
  • Engelhard 100 oz Silver bar 999+fine Serial No. P-132947
  • Engelhard 100 oz Silver bar 999+fine Serial No. P 186040
  • Engelhard 100 oz Silver bar 999+fine Serial No. P-210031
  • Sunshine Mining 100 oz Silver bar C 4478
  • Sunshine Mining 100 oz Silver bar C 4477
  • Misc. Peace and Morgan dollars

Anyone with information about any of the cases above should contact Doug Davis at (817) 723-7231 or [email protected].

6.) Man stabbed to death coin shop owner, pawned stolen goods

A Jefferson Park man held in connection with the fatal stabbing of a coin shop in the Old Irving Park neighborhood earlier this month was caught after leaving a bloody fingerprint at the scene–a week after he burglarized another shop he’d sold items to, prosecutors said

Current Events

There were numerous reactions around the world to Treasury Secretary Jack Lew’s April 20 announcement that Harriet Tubman would replace Andrew Jackson on the $20 bill in 2030.

Here are a select few.

7.) Sacagawea dollar coin model excited for new $20 bill

While she acted as the model for the Sacagawea dollar coin, Randy’L Teton claims to not see herself when she looks at it.

“I actually see Sacagawea,” Teton said…

8.) The little-known reason Harriet Tubman is perfect for the $20 bill

The woman chosen to replace Andrew Jackson – a known slave holder – on the $20 bill could be a former slave who brought other slaves to freedom.

But there’s another fact that makes her an even more perfect choice…

9.) Putting Harriet Tubman’s face on a banknote is an affront to her memory

Although African-Americans are celebrating this new recognition of our 500-year long struggle against white settler colonial violence, the nature of that violence should give us some pause. There is, after all, a troubling relationship between African slaves and money through the history of chattel slavery

10.) Why putting women on banknotes should make us feel uneasy

Those at the sharp end of inequality might be forgiven for failing to see how a caricature on money they don’t have will help

11.) The US is finally putting a woman on the $20 bill — but 48 other countries beat us to it

We spent the past week compiling data on the world’s 180 recognized currencies, with several questions in mind: How many countries’ currencies feature at least one woman? What percentage of the world’s money pictures a woman? And which women are the most well-represented?

12.) 20 Women Who Should Appear on the $10 Bill

In a speech last year in Kansas City, President Barack Obama said he received a letter from a nine-year-old girl that included a list of possible women to put on America’s paper bills and coins, “which I thought was a pretty good idea.” In March of this year, Barbara Ortiz Howard and Susan Ades Stone started a campaign called Women on 20s to demand that the government replace former President Andrew Jackson’s image on the $20 bill with a woman from history

13.) Ben Carson: Harriet Tubman Should Be On $2 Bill

Ben Carson was on Fox News to discuss Harriet Tubman being on the $20 bill. He wasn’t fond of the idea and thought she should be on the $2 bill instead

14.) Lawsuit: Bank’s coin counters shortchanged customers

A proposed class-action lawsuit against TD Bank seeks damages for customers it claims were shortchanged by coin-counting machines.

The suit, filed in federal court, alleges TD Bank’s Penny Arcade machines “have continuously undercounted coins placed in them by consumers for years and resulted in the loss of millions of dollars for consumers.”…

15.) PNC pulls plug on coin-counting machines

In the wake of questions concerning the accuracy of some coin-counting machines, PNC Bank has decided to remove all of its coin-counting machines from its branches.

The Pittsburgh-based bank had begun phasing out in-branch coin counters last year for a variety of reasons, including waning demand, according to spokeswoman Marcey Zwiebel

16.) Congratulations To Venezuela: Bolivar Notes Are Now Worth Less Than It Costs To Print Them

The glorious triumph of Bolivarian socialism can chalk up another great victory in Venezuela. I do not say that the following is absolutely true, only that it is definitely true in part and looks highly likely to be true in whole and if not now that it will be in a few months

16.) Noble Numismatics Sale 111 Realizes over $5.5 million

Treasure News

17.) Louisiana man solves famous shipwreck mystery?


18.) Ancient coins unearthed in Everest temple

More than 5,500 coins believed to be more than 200 years old have been unearthed during renovation work in a monastery near the base of Mount Everest in Tibet.

The round coins, weighing 26.6 kg in total and bearing floral patterns, were found by workers digging a hole in Rongpo Monastery, Dingri County, on April 27…

19.) Rare Coin Find Sparks Journey for Metal Detecting Hobbyist

It is the oldest coin known to have been found on Martha’s Vineyard — so old that Thomas Mayhew, the proprietor who settled the Island in 1642, might have held it in his hand.

The coin is a 1652 pine tree shilling, among the first to be minted in colonial Massachusetts. Tim Sauer of Edgartown found it on a town beach (he won’t say more than that) while metal detecting in December…


20.) Canadian Dairy Industry and Tokens

The Canadian dairy industry is a multi-billion-dollar business in which most Canadians are involved-if not as producers or distributors, then as consumers of its wide range of products.1 It is also an industry with a tangible numismatic legacy in the form of tokens and tickets that were once used by customers to purchase dairy products

21.) Katy Days board offers 2016 coins

This year’s Katy Railroad commemorative coins feature an old inspection car, the last leader of the company and a Katy subsidiary.

For four years, the Katy Days committee has designed and had made a three-coin set commemorating the railroad that was responsible for the founding of Parsons and that the community celebrates each year during the Memorial Day weekend festival…

22.) Transformers Unite Warriors Grand Galvatron Collectors Coin

Thanks to Robot Kingdom we have our first look at the Grand Galvatron collectors coin! The outside casing is styled after Grand Galvatron’s chest plate, with the inside housing the coin in a hexagonal styled spark casing

23.) MST marks 125 years with collectible coin for trolley riders

Mixed in with his economic and foreign policy legacy, there’s a mark left by President Benjamin Harrison on Monterey County history.

He was among the first passengers to ride on public transportation here…

Mint News

24.) Norse Foundry Coins Are Worth Their Weight in Gaming Gold

Norse Foundry screen shot

25.) National Military Appreciation Month

The members of our Armed Forces work tirelessly to defend our Nation at home and abroad. As Americans, we find unity in their proud tradition of service. This May, in recognition of National Military Appreciation Month, the U.S. Mint will shine the spotlight on its large collection of military-inspired products saluting the momentous history of our Armed Forces

26.) State Quarter Legacy Expands Across the Galaxy

Launched Jan. 19, 2006, New Horizons has since traveled over three billion miles, but only reached Pluto in July.

The voyage has not been done alone, however. Accompanying the spacecraft are coins from the U.S. Mint’s 50 State Quarters Program

27.) Cumberland Gap National Historical Park quarter features Caudill resemblance

Museums & Exhibits

28.) Coins net millions for Marshals Museum in Fort Smith

U.S. Sen. John Boozman and Rep. Steve Womack will present to representatives of the U.S. Marshals Museum a multi-million-dollar check Saturday, money raised through the sale of commemorative coins…

29.) Objects That Transcend: Metalwork from the Garabedian Collection

Berdj Garabedian understood theat preserving Armenian Culture is the sacred and ultimate duty of every Armenian. This remarkable collection of metalware is a testament to his life’s passion and commitment toward that goal

30.) Online Museum of Indian Coins

31.) Numismatic Miscellanea and the Obsessive Collector

Upcoming Auctions & Events

  1. Latest Fixed Price List from Atlas Numismatics
  2. Classical Numismatic Group (CNG) Electronic Auction: May 11
  3. Numismatics Varesi Auction 68: May 13 (registration deadline may 12)
  4. CNG Internet and Mail Bid Sale 102: May 18
  5. Legend Rare Coin Auctions Regency XVII: May 19
  6. Stephen Album Rare Coins Auction 25: May 19-21
  7. Stack’s Bowers Galleries D. Brent Pogue Collection, Part IV: May 24
  8. Nomos AG Auction 12 – Dutch Medals: May 22
  9. Gorny & Mosch Auction 239 – Ancient Art: June 16
  10. Sixth International Symposium in Early Medieval Coinage: October 28-29

Worthy Additions to Your Library

32.) Spink revises catalog of English silver coinage

33.) Byzantine seals from the Zakos Collection in Geneva

We have nearly become used to new books being published by the Geneva Musée d’Art et d’Histoire on a regular basis: once again, it presents a bibliophile styled masterpiece which, lavishly illustrated, covers a fascinating area, here the Byzantine lead seals

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Coinweek is the top independent online media source for rare coin and currency news, with analysis and information contributed by leading experts across the numismatic spectrum.

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