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 Friday, January 04, 2008
Coin of the Year presentation and a people's choice award!
Posted by george

This is the 25th year that Krause Publication's will be sponsoring a Coin of the Year Award.

A selection committee take recomendations and a jury make selections, and the various group winners have been selected, and are now posted at www.numismaster.com

This year, however, we have instituted a people's choice award. With about 10 days left in the balloting, I will not devulge yet who is in the lead, however, the two top vote getters have gotten more votes than Rudy Guilani did in the January 4th Iowa causcus.

So, here is your chance to participate in a numismatic election.

Awards will be presented at the Berlin World Money Fair February 2nd.

George



1/4/2008 3:09:21 PM (Eastern Standard Time, UTC-05:00)  #  Comments [0]
Museum of American Finance to re-open in New York City
Posted by george

The Museum of American Finance will open at its new location with a donor’s dinner January 7th and a member reception from 6:30-8:30 on the evening of January 10th.

 

The Donor’s reception is $150, which includes a one-year membership to the Smithsonian Institution, of which the museum is a partner.48-Wall-entry-sm[1].jpg

 

The new location is historic 48 Wall Street, the former headquarters of the Bank of New York.

 

The museum opens to the public on January 11th.

 

The museum will cover 30,000 square feet in the building, including the majextice banking hall, which will be utilized as exhibition space, and two additional floors featuring a state-of-the-art financial education center, auditorium, and research facility.

 

It is intended at the museum will act as a visitor center for New York’s Financial District.



1/4/2008 11:17:27 AM (Eastern Standard Time, UTC-05:00)  #  Comments [0]
 Friday, December 28, 2007
Vatican City update for Standard Catalog of World Coins, and NumisMaster
Posted by george

In the 36th edition of the Standard Catalog of World Coins and very soon on NumisMaster the Vatican City listings will have the "Y" catalog number prefixes changed to "KM" catalog number prefixes.

There will be no number changes.

George


World Coin Stuff
12/28/2007 3:38:19 PM (Eastern Standard Time, UTC-05:00)  #  Comments [0]
 Thursday, December 27, 2007
Peoples Republic of China revision for Standard Catalog of World Coins and Numismaster
Posted by george

We have revised the catalog numbers for the Peoples Republic of China.

As users know, for the past 35 editions, the Standard Catalog of World Coins has continued to use "Y" prefexes to the catalog listings.

As many collectors know, we have been lacking listings too.China.jpg

With a new reference in hand, and additional information we have been able to flush out the listings that were lacking, and have renumbered the Peoples Republic portion to "KM" prefex numbers.

Will will make available very soon, on NumisMaster, a viewable or downloadable cross-reference listing showing old "Y" and the current "KM" numbers. The cross refrence chart will be complete, showing the listings which have previously been lacking, with the number that will be assigned in the data base. 

Then, as the year progresses we will be adding the full descriptions into Numismaster, and they will be ready for the 37th edition of the Standard Catalog of World Coins.

George


KP News | World Coin Stuff
12/27/2007 9:37:32 AM (Eastern Standard Time, UTC-05:00)  #  Comments [0]
 Thursday, December 20, 2007
More electronic advancements - the holiday card
Posted by george

This year, Krause Publications parent corporation, F+W, decided to introduce an electronic holiday card.holidaycard[1].jpg

With that, I thank you for your support this past year, and best wishes for 2008 !

George



12/20/2007 1:49:00 PM (Eastern Standard Time, UTC-05:00)  #  Comments [0]
 Wednesday, December 19, 2007
NY International Convention Auction Sales, Part 1
Posted by george

The auction catalogs for sales during the week of the New York International Numismatic Convention have started to arrive.

The offering I'd like to talk about today is that of Stack's Rare Coins, of New York.

The catalog received is part two of their sale. It deals with world coins, and is a magnificent presentation in full color. And it is heavy.

There are some wonderful Venician 10 Ducat pieces, great rarities of the German States, and plenty of Latin American, Far Eastern, and Russian material, including a specialized collection of Russian Medals.CostaRica.jpg

Near the end of the auction is a selection of American Bank Note Company intaglio steel engraved plates featuring motifs used on some World Currency.

The part 1 catalog has not yet arrived, it will feature the Lawrence R. Stack collection of Greek coins. I suspect it will also be an outstanding presentation.

Yes, I'll be at the Convention too, usually at the Krause Publications table near the lobby registration desk. Stop by and say hello.

George



12/19/2007 9:58:05 AM (Eastern Standard Time, UTC-05:00)  #  Comments [0]
 Friday, December 14, 2007
Frank O. Braynard, South Street Seaport and Operation Sail founder dies.
Posted by george



12/14/2007 9:33:19 AM (Eastern Standard Time, UTC-05:00)  #  Comments [0]
 Thursday, December 13, 2007
Unusual World Coins Catalog now available in 5th edition
Posted by george

Unusual World Coins 5th edition now available !

 

Colin Bruce, Tom Michael and I were busy this summer collecting data, processing images, and actually buying some of this stuff for the new edition of Unusual World Coins. The the dollar and quarter prototypes of Daniel Carr are included, but the Ron Paul issues of the liberty dollar series have been added to the data base since the book went to the printer, so they are not in the book, but are available in the on-line database.

Z1055.jpg 

A bunch of new places have been listed, descriptions expanded, and prices updated based on recent auction and price list appearances.

 

The catalog is a robust 586 pages of listings in the traditional 3 column format, with 36 pages of additional introduction material and ads.

 

Retail price is $45.00 USD. However, discounts are available from the usual suspects.

 

The UWC catalog listings are an option on the electronic NumisMaster database, at www.numismaster.com and new listings will appear on that platform continually.

 

George


KP News | World Coin Stuff
12/13/2007 11:47:27 AM (Eastern Standard Time, UTC-05:00)  #  Comments [0]
 Tuesday, December 11, 2007
ANS Museum Building sold for 23.9 Million !
Posted by george

It is done. The American Numismatic Society has sold their “close to the Financial District” building gifted to them several years ago, and only partially renovated and occupied since that time for $23.9 Million Dollars. This photo is of the William Street facade, which was often hidden under scafolding.

  ANSfulton.JPG

This is the first time that the ANS will have a big bunch of un-restricted cash to play with. May their investment plans go well.

 

The re-relocation is planed to take place in the second half of 2008.

 

The new location will be the 11th floor of a 19 story renovation by Trinity Properties at the intersection of Varick, Grand and Canal Streets, “near” SoHo and Tribeca.

 

It is interesting to note that this location is about 5 blocks away from a propery on Houston Street which was turned down as a location prior to the move to Fulton St.

 

Formerly known as 75 Varick St., the building is a block away from the Canal Street stations of the 1/9 Subway; 3 blocks for the C/E trains; 7 blocks for the N/R lines; and 9 blocks from the 4-5-6 routes (Hint: change at 42nd street for the 1, seems like old times, when one needed to go to their 155th Street location!).   

 

I was pleased to read the Executive directors’ comments that the Harry Bass Jr. Library, and the John J. Ford Jr. areas will be modernized. That at least says to me there will be not be a major fundraising drive for new naming areas and offices for this newer location. Also of note is that conference and meeting room facilities will be "state of the art" which will be a huge improvement of the old first floor banking room currently being used for public meetings.

 

It seems like the best of timing that Frank Campbell has announced his retirement to occur before he has to deal with another move! I wish Frank the very best!

 

George


World Coin Stuff
12/11/2007 3:43:53 PM (Eastern Standard Time, UTC-05:00)  #  Comments [0]
 Friday, December 07, 2007
Lie on your back and make sure the shades are drawn at the station.
Posted by george

Amtrak adventure for Thanksgiving.

For my PTO adventure this past Thanksgiving, I returned to New York City via Amtrak rather than chance another bumpy airplane ride, delayed luggage and airport delays.

On the printed schedule I could see that a once-a-day bus from Waupaca, 13 miles away, would connect with every-two hour service in Milwaukee, to get me on the evening train from Chicago to NYC. Amtrak’s Lake Shore Limited is their name for the old New York Central’s Twentieth Century Limited, of Broadway show fame. The route was Chicago-Toledo-Cleveland-Buffalo-Rochester-Syracuse-Albany-New York City. On the schedule at 21 hours travel time, two hour longer than the best schedule of the New York Central RR.

However, for the return trip, the Amtrak representative wanted to book me on the Cardinal, service from New York City to Washington, then Washington to Chicago, via Cumberland, Pittsburgh and Indianapolis.  I said this was odd, and they informed me that the Lakeshore westbound would be running late and I would miss the once-a-day bus out of Milwaukee. My first dilemma developed.  I decided to ditch the bus, drive to Milwaukee, adding mileage and parking fees to the trip and take the Lakeshore roundtrip. Amtrakbed.JPG

I also decided to go first class, in a roomette. The roomette is an expensive option, even with the two meals and a light snack which is included; and a night’s sleep, if one could sleep on the train.

I traveled extensively in the old Pullman style roomettes of the 1970s. The Southern Crescent, Southwest Chief, Texas Star, Silver Meteor, the City of New Orleans were all trains I rode on during the late 1970s. The new roomettes are different, but similar. They are actually built for two, not one as the old ones were, and are thus very economical for families.

The food service was a micro-waved prepared meal presented on a plastic plate. I learned that the full service diner was removed at the end of last year. For dinner I had the salmon, and on the return trip the chicken caesar salad and liked both.

Reading while seated in the roomette was pleasant, sleeping was a different matter. The track condition made the car rock, and thus sleeping on one’s back was the safest method. If you prefer to sleep on your side, as I do, then one is rocked to such an extent that you could experience bruising. Also, the curtains in the room need to be tucked into a slot next to the glass, to eliminate the aisle lights which remain on all night and can reflect right onto your pillow placement. And as the toilet is en-suite, do make sure your shades to the world are drawn incase you come into a station, or pass a track work crew.

Sadly, Amtrak experiences second rate service, waiting on sidings for fast freight trains, thus affecting the on-time reliability.

Both Chicago and New York offer lounges for First Class passengers which were nice.

Would I do it again. Yes.

George



12/7/2007 9:05:58 AM (Eastern Standard Time, UTC-05:00)  #  Comments [0]
 Thursday, December 06, 2007
Iraq Dinar Counterfeit scheme uncovered!
Posted by george

Counterfeits valued at 900 million dinars uncovered !

It was only a matter of time that a counterfeit operation would be uncovered. Over the last week this was posted by the news service bureau of the Multi-National Corps - Iraq, Public Affairs Office, Camp Victory:

FOR IMMEDIATE RELEASE
RELEASE No. 20071130-09
November 30, 2007

Iraqi Army seizes counterfeit money
Multi-National Division – Baghdad PAO

FORWARD OPERATING BASE LOYALTY, Iraq – Iraqi Army troops captured two suspected insurgents and recovered counterfeit Iraqi dinars during an operation in eastern Baghdad, Nov. 27.

More than 900 million counterfeit Iraqi dinars was uncovered in the operation, along with a printing press and four computers. The press and computers were also seized.

The suspects are being held for questioning.

The denominations and identifying information was not forthcoming when asked.

So there will be some interesting collectibles out there. And do be careful when buying bulk lots of currency on various internet auction sites.

George


Paper Money Values
12/6/2007 2:36:13 PM (Eastern Standard Time, UTC-05:00)  #  Comments [0]
 Wednesday, December 05, 2007
Banknotes for sale, and they are going away, far away!
Posted by george

Shopping for Notes?

This fall I have had the opportunity to help a “retired” collector disperse his paper money collection. I found it was interesting in that it was a mix of numerous very expensive items and a bunch of common items, and then some non-saleable items. It was a collection in that it was organized, labeled and identified, but it did not form a pattern – it was purely random. EAS6.jpgThere were no complete country type groups, nor topical areas such as birds or Queen Elizabeth II portraits. Many of the items were purchased in-country on overseas business trips in the mid 1960s.

That is what made it exciting. It was fresh material. Several high denominations, some of which I had never seen in person. When I priced it out and brought it to the Mid-west chapter of the International Bank Note Society, I created a feeding frenzy at two meetings straight!

Now, I have begun to sell the notes on a popular internet auction site. Due to the weak dollar, strong Pound and Euro, and many other currencies, and the ease of electronic payment, most of my sales have been to overseas customers, both in Europe and Asia. The cash availability and market for China is exploding.

It is nice to have the opportunity to experience and play in the marketplace, rather than being an observer.

George


Paper Money Values
12/5/2007 9:08:36 AM (Eastern Standard Time, UTC-05:00)  #  Comments [0]