May 2020 - USCoinNews

ANACS Reopens After Shutdown Due to COVID-19

May 28, 2020 by Clinton

After shutting down at the first of March due to the COVID-19 pandemic, ANACS has announced that they have reopened and are grading coins once again. The oldest coin grading company in the United States, ANACS was closed on April 1 to comply with Colorado pandemic response restrictions. As of last Monday, May 11th, we resumed business for the first time since late March. While we continuously collected and secured daily mail and deliveries, this …

Basketball Hall of Fame Commemoratives Go On Sale June 4th

May 28, 2020 by Clinton

2020 Basketball Hall of Fame Commemorative Proof Obverse

After months of delay due to COVID-19 (Coronavirus), the United States Mint is set to finally release the Basketball Hall of Fame commemorative products to the public. Sales will begin on June 4th starting at Noon Eastern, 9:00 AM Pacific. In total, there will be seven products commemorating the Hall of Fame ranging from sets for children up to gold coins. Here is a list of all of the products that will be going on …

Counterfeiting Battles Continued in May

May 27, 2020 by Clinton

(Fallbrook, California) May 26, 2020 – A fraudulent advertisement for bullion coins on Facebook, fake encapsulation holders and requests for expert help from federal agencies kept the nonprofit Anti-Counterfeiting Educational Foundation (www.ACEFonline.org) busy during May 2020. “Among the cases we’re investigating is the sale of ten fake one-ounce silver American Eagles. They were unsuspectingly purchased by someone who responded to an advertisement that popped up while he was checking his Facebook account. All ten coins …

CCAC Meeting Set for June 23rd

May 27, 2020 by Clinton

The next Citizens Coinage Advisory Committee (CCAC) meeting has been scheduled with a large list of topics to be discussed. The meeting will take place on June 23rd starting at 9:00 AM Eastern and will go through until 4:00 PM Eastern. Due to the continuing concerns around COVID-19, the meeting will take place via telephone conference and not be an in-person meeting. The agenda for the June 23rd meeting is packed, with the following items …

Florida United Numismatists (FUN) Cancels Summer FUN 2020 Show

May 27, 2020 by Clinton

Another coin show has been cancelled due to the COVID-19 pandemic. Forida United Numismatists, or FUN, announced they are cancelling their Summer FUN 2020 show. It had been scheduled for July but the FUN board determined that that, “the “cons” far outweigh the “pros” at this point in time” Here is the full Press Release from FUN. It is with great disappointment that the FUN board of directors is announcing Summer FUN 2020 is cancelled. The FUN …

Mint Sales Report – May 24, 2020

May 26, 2020 by Clinton

The United States Mint has released is weekly sales report this morning for the 7-day period ending May 24, 2020. The report shows that, unexpectedly, the latest America the Beautiful Quarter products for Weir Farm occupied many of the top 10 sales slots for the week. The top selling product, and somewhat of a surprise, was the 2020 America the Beautiful Silver Uncirculated 5-ounce coin for Weir Farm. A total of 11,818 of these were …

ANS Money Talks Series – Currency with Consequences: Circulating Counterfeits in the United States

May 27, 2020May 26, 2020 by Clinton

The American Numismatic Society (ANS) has posted the latest episode in the Money Talks lecture series on YouTube. The newest talk is titled Currency with Consequences: Circulating Counterfeits in the United States and, as the name suggests, discusses counterfeit coins that are circulated here in the United States. Counterfeits in our national coinage – indeed, virtually every country’s coinage – is not new, and the history of it and the detection of those coins is …

ANA World’s Fair of Money Planning Continues

May 26, 2020 by Clinton

The American Numismatic Association (ANA) has announced that it is continuing to plan on holding the 2020 World’s Fair of Money. Admitting that the situation is fluid, the ANA is working both with the State of Pennsylvania, the City of Pittsburgh, and the David L. Lawrence Convention Center regarding the summer convention. To that end, the bourse will be more spread out this year versus previous years while modifications to meeting rooms and even hosting …

2020 Kennedy Half Dollar Products On Sale June 1st

May 25, 2020 by Clinton

2020 Kennedy Half Dollar Obverse (Image Courtesy of The United States Mint)

The United Stats Mint will open sales for the 2020 Kennedy Half Dollar on Monday, June 1, 2020. Sales will begin promptly at Noon Eastern, 9:00 AM Pacific. The Half Dollar will be sold in 200-coin bags from the Denver and Philadelphia Mints as well as a 2-roll set from both Mints. As many readers will know, the Kennedy Half Dollar is not released into general circulation but rather made in smaller numbers for collectors …

Reflecting Upon Memorial Day

May 25, 2020 by Clinton

Memorial Day is a day set aside on the last Monday of each May to allow us as United States citizens to reflect up on those how have sacrificed their lives while in military service. The honoring of our military dead is not limited just to a particular branch of the military nor to a particular conflict. Memorial Day was formerly known as Decoration Day and was a day set aside after the Civil War …