Proof gold Sacagawea dollar production stops amid questions surrounding legal authority for striking. This article was first published in the October 27, 2014 issue of Coin World, available here.
The .9167 fine gold Proof 2000-W Sacagawea dollar, shown, is one of 12 examples that rode aboard the space shuttle in July 1999. The 12 are currently stored at Fort Knox.
Did the United States Mint have the legal authority to strike Proof versions of the Kennedy half dollar in .9999 fine gold earlier this year?
Some in the collector community believe the answer is “no.” U.S. Mint officials assert the answer is “yes,” citing a section of the U.S. Code, 31 U.S.C. § 5112(i)(4)(C).
The section Mint officials cite pertains to gold bullion coins. The legislative history suggests it was included to provide the Mint flexibility in producing American Eagle and other bullion coins specifically authorized in “positive” law (by specific legislation). Continue reading
Cash In Your Coins expanded in 2014 second edition reference from Whitman. This article was first published September 16, 2014 special to Coin World, available here.
Includes a chapter dedicated to what most dread to hear – taxes
Taxes. No one wants to pay them. But the reality is they exist.
As a collector, neither you nor your heirs should pay more than is legally required. To ensure that you and your heirs don’t overpay requires action now, not later (after you depart planet Earth). Awareness and good planning are the keys to peace of mind for you and protection for your heirs.
Cash In Your Coins 2nd Edition: Selling the Rare Coins You’ve Inherited – includes a new chapter dedicated to taxes.
The second edition of Cash In Your Coins — Selling the Rare Coins You’ve Inherited just released by Whitman Publishing includes a new 16-page chapter devoted to the subject of “Taxes.”
Here we are sharing an excerpt from that chapter that provides some very basic information.
First, however, a disclaimer: The following information regarding the various types of taxes is general in nature and should not be construed to be legal advice regarding taxes. Rather, it is provided to make you more aware of possible taxes related to your estate or coins and collectibles you may inherit or sell. For specific advice regarding your circumstances, it is best to consult your accountant, an attorney specializing in taxes, or an estate-planning professional. Continue reading
Austrian Mint celebrates 25th anniversary of its Philharmonic gold bullion coin launch. This article first appeared in the September 22, 2014 issue of Coin World, available here.
The quarter-ounce size of gold Philharmonic coin was initially produced as an affordable size for the Austrian populace to purchase, while the 1-ounce size was intended for investors.
The Austrian Mint is celebrating the 25th anniversary of the launch its Philharmonic gold bullion coin.
What better way to celebrate than with a golden anniversary cake, complete with the Philharmonic’s iconic logo featuring musical instruments of the world famous Vienna Philharmonic, the coin’s namesake?
During the recent American Numismatic Association World’s Fair of Money in Rosemont, Ill., I was both surprised and honored when Austrian Mint CEO Gerhard Starsich asked if I would assist him in cutting the cake.
Celebrations have a way of triggering flashbacks. The Austrian Mint’s October 1989 news release announcing its entry into the gold bullion coin market raised a few eyebrows. How could a relatively small Mint from a country with no active gold mines compete with the big players in the market, namely South Africa, Canada, Australia, and the United States? Continue reading
The Numismatic Literary Guild cited Cash In Your Coins as the “Best Specialized Book in Numismatic Investments” during its 2014 Writer’s Competition awards banquet Aug. 7, held in conjunction with the World’s Fair of Money in Chicago.
I am very pleased that Cash In Your Coins is receiving recognition within the numismatic community, but equally pleased with the exceptional sales in the world outside collector circles — its intended audience.
In May Cash In Your Coins won first place in the Nonfiction Books for Adult Readers category of Ohio Professional Writers 2014 Communications Contest. The judges noted: “A clear and understandable guide to selling coins for the non-collector. This book will be a useful resource for anyone who inherits coins.” Continue reading
The second edition of my book Cash In Your Coins: Selling the Rare Coins You’ve Inherited goes on sale nationwide Sept. 13.
Cash In Your Coins: Selling the Rare Coins You’ve Inherited
Autographed copies of the expanded, updated 304-page book will be available exclusively at my Cash In Your Coins website for $9.95 plus shipping.
Non-autographed copies of the second edition will be available at the publisher’s web site, Whitman, as well as from booksellers like Amazon and hobby shops throughout the nation.
The first edition, published in June 2013, won the Numismatic Literary Guild’s “Best Specialized Book on Numismatic Investments” award for 2014, and a first-place nonfiction award from Ohio Professional Writers.
The second edition is expanded with 16 additional pages, updated case studies, a new chapter on taxes, new illustrations, and more. Continue reading
Mint’s new chief sculptor-engraver’s first assignment to design 1982 Washington coin. This article first appeared in the August 25, 2014 issue of Coin World, available here
Elizabeth Jones’s sketches for the obverse and reverse designs of the 1982 Washington commemorative half dollar.
President Reagan’s signing into law Dec. 23, 1981, legislation calling for the issuance of a half dollar in 1982 commemorating the 250th anniversary of George Washington’s birth brought excitement and great collector expectations.
The authorization of the first U.S. commemorative coin in more than a quarter century also brought excitement to the Philadelphia Mint, where the chief sculptor-engraver, Elizabeth Jones, was getting settled in, having been sworn into office Oct. 27, 1981. Her first assignment would be designing the new coin.
Authorizing legislation mandated that designs for both the obverse and reverse of the coin be “emblematic” of the Washington anniversary, but did not dictate any specifics. Thus, Jones was able to work without restraint.