USCoinNews

PNG Suspends Member Jason Bradford of Legacy Currency Grading

July 24, 2019July 22, 2019 by Clinton

The Professional Numismatists Guild (PNG) has announced the suspension of member Jason Bradford. Bradford owns Legacy Currency Grading in Brentwood, Tennessee and was PNG member #765. He joined PNG in 2015. PNG Executive Director Robert Brueggeman indicated the suspension of Jason Bradford was “for conduct prejudicial to the PNG, including violation of the Code of Ethics”. What exactly those violations entailed was not disclosed. The Professional Numismatists Guild (PNG) is a nonprofit trade association composed of the country’s top …

Ohio Set to Remove Sales Tax Exemption on Bullion Purchases

July 24, 2019July 22, 2019 by Clinton

The Industry Council for Tangible Assets (ICTA) has issued a press release outline the elimination of tax exemption of bullion purchases in Ohio. The new rule is part of the state’s 2020-2021 budget and goes into effect October 1, 2019. From that point forward, If you buy bullion or investment coins within Ohio, you will have to pay sales tax on that purchase. Further, the new budget requires that deals collect sales tax on intrastate …

Mail Bag – What is Whizzing?

July 24, 2019July 19, 2019 by Clinton

Today’s Mail Bag post comes from an email that came in last week from Raj. Their question has to do with coin cleaning and understanding the term Whizzing. Hi, I’ve heard of cleaning a coin by whizzing it. What does that mean? Should I clean coins this way? Raj via Email Raj, thanks for taking the time to write and ask this important question, especially for new collectors. As a general rule, you should not …

United States Mint Selects 27 Artists for Artistic Infusion Program

July 24, 2019July 19, 2019 by Clinton

The United States Mint has announced the selection of 27 artists, new and some returning, to the Artistic Infusion Program. You can read the full Press Release below. WASHINGTON – Today, the United States Mint (Mint) announced that 27 artists have been selected to participate in its Artistic Infusion Program (AIP) to enrich and enhance designs on U.S. coins. “We’ve selected diverse artists who represent every region of America, from coast to coast,” said Mint …

Neil Armstrong Apollo 11 Medal Sells for $2 Million

July 25, 2019July 19, 2019 by Clinton

Apollo 11 Gold Medal from Neil Armstrong

As long time readers of USCoinNews.com know, I rarely post rare coin auctions as focus the site on the average collector – those of us who can’t necessarily afford these rare coins. However, this latest auction was to good to pass up, especially as we collectively celebrate the Apollo 11 moon landing. One of three Apollo 11 Gold Robbins Medals was sold by the Armstrong Family Collection this week and it brought an eye watering …

NGC & PMG Announce Special Designations for Dollar Coin & Bill Set

July 25, 2019July 18, 2019 by Clinton

Earlier today I posted about the new special set from the United States Mint and Bureau for Engraving and Printing with a Native American Dollar and special “1959” Dollar bill from 2017. Now Numismatic Guaranty Corporation (NGC) and Paper Money Guaranty (PMG) have teamed up to bring a special designation and labels for the upcoming set. Numismatic Guaranty Corporation (NGC) and Paper Money Guaranty (PMG) are celebrating this set with special label options, including Astronaut …

United States Mint Announces Special Native American Coin & Dollar Set

July 25, 2019July 18, 2019 by Clinton

The United States Mint has announced a new special set featuring the Sacagawea (or Native American) Dollar along with a 2017 Dollar bill. The new set will be available starting July 24, 2019 at Noon Eastern, 9:00 AM Pacific. The Dollar coin and paper set will be reasonably pried at $15.95 and will be available directly from the Mint at this link. Note that there is a production limit of 50,000 sets and there is …

United States Mint Might Colorize Coins

July 25, 2019July 18, 2019 by Clinton

One of the side notes that came out of yesterday’s Citizens Coinage Advisory Committee (CCAC) meeting was the notion of the US Mint producing a colorized coin. To date, no colorized coins have been produced by the Mint in the United States. While the idea of colorized coins certainly has an appeal to some collectors, Director of the Mint’s Office of Design Management April Stafford emphasized that it is being considered but is not official. …

CCAC Releases 2020 Basketball Hall of Fame Commemorative Designs

July 25, 2019July 18, 2019 by Clinton

After the Citizens Coinage Advisory Committee (CCAC) meeting yesterday in Washington, D.C., we now get our first look at the proposed Obverses and Reverses of the commemorative coins. The $5 gold coins, silver dollars and clad half dollars will be made in recognition of the 60th anniversary of the Naismith Memorial Basketball Hall of Fame. In all, there are 21 Obverse designs being considered and 18 Reverse designs that were approved by CCAC. All three …

Pride of Two Nations Set Briefly Available at The Mint

July 25, 2019July 17, 2019 by Clinton

Pride of Two Nations 2-Coin Set From The United States Mint

If you read the US Mint Sales Report post yesterday, I mentioned that the Pride of Two Nations two-coin set between the US Mint and the Royal Canadian Mint were nearly sold out. In all, 4,534 of the set remained after based on the sales report of the 100,000 that were available. Earlier this morning, the Mint’s site briefly indicated that those remaining sets were available for purchase. It appeared to be available for only …