Monday, January 30, 2012
I would go with the first answer provided at the site, the coins are tokens issued for promotion by various merchants. If you know more I'm sure the Library would appreciate further info. Surprised that the Token and Medal Society hasn't weighed in. But I recently wrote to one of their officials about a token with which he should have been familiar, the reply was kind of dismissive. Strange way to win new members. Well, anyway, here is the Mystery Coin site.
Posted by W.J. Elvin III, Editor & Publisher at 5:57 AM
Monday, January 23, 2012
eBay's ban on replica coins, including those marked in accordance with the law as copies, will only apply to the U.S. site. I have yet to see if it applies to replica medals such as the recent spate of "tribute" medals appearing on the site. Most likely it is only aimed at the flood of Chinese counterfeits of collectible U.S. coins hitting the market lately. No doubt it will be quite a circus for a while as there are surely a lot of unsophisticated sellers who don't know they are offering junk. Here's a story with more details.
Posted by W.J. Elvin III, Editor & Publisher at 10:52 AM
Sunday, January 22, 2012
There have been a number of stories recently about ancient coins being seized when they are shipped from one country to another. While the blogs mentioned here cover "theft of culture" in general, that is where the answer lies regarding ancient coins. They are considered heritage and in many countries that now means "not for sale."
Posted by W.J. Elvin III, Editor & Publisher at 6:06 PM
Saturday, January 21, 2012
It is interesting that eBay has banned replica coins and will be all the more interesting to see how they police the ban. Meanwhile, here is a link to the Coin Forgery Discussion List collection of sites dealing with fakes, forgeries and replicas. Be cautious in clicking through to the various sites, I noticed a lot of spam on last visit and don't know where it leads, perhaps to an infectious site.
Posted by W.J. Elvin III, Editor & Publisher at 5:34 AM
Thursday, January 19, 2012
This is a great story with a lot of fascinating detail, and it serves as another reminder that what seems to be too good to be true invariably is too good to be true. Reminds me of a bond story I worked on some years ago where the bonds supposedly issued in the 1930s included a zip code address for the U.S. Treasury Department. Anyway, here's the story.
Posted by W.J. Elvin III, Editor & Publisher at 6:59 AM
Tuesday, January 17, 2012
The recent report on theft from the American Numismatic Association prompted a good question regarding those who unknowingly purchase stolen coins. What recourse do buyers have when it turns out the coin they bought is hot? Here's a bit of discussion on the matter but seems to me a good solid answer is still pending.
Posted by W.J. Elvin III, Editor & Publisher at 4:52 AM
Monday, January 16, 2012
You might think coins hauled up from a sunken treasure ship would be very collectible and offer good investment potential, but it ain't necessarily so. Some of the reasons are given in this article.
Posted by W.J. Elvin III, Editor & Publisher at 8:55 AM
Friday, January 13, 2012
Museums hate to admit theft by employees though it's fairly common. They'd as soon hush it up as deal with the bad publicity -- they thrive, often, on donors and don't want to spook them. This case seems resolved though. But you have to wonder, this wasn't just a custodian popping something into his pocket, this guy had oversight of a huge collection of rarities. Maybe ANA has a great inventory system. Or maybe the guy is smiling in the pix because he knows what wasn't found?
Posted by W.J. Elvin III, Editor & Publisher at 6:03 AM
Monday, January 9, 2012
Saturday, January 7, 2012
As I've mentioned, practically every day there's a story or three on theft of rare coins, sometimes from dealers, often in residential burglaries. Most often the stories come and go, picked up on a web site or so and then forgotten. This one for some reason captured a lot of attention, without even serious searching I've run across a dozen sites reporting it...
Posted by W.J. Elvin III, Editor & Publisher at 5:02 AM
Wednesday, January 4, 2012
An interesting discussion of a coin depicting an ancient Norwegian king with remarkably protruding eyeballs. Did he suffer from a medical condition? Was he the victim of an aberrant portrait artist? Much to ponder here.
Posted by W.J. Elvin III, Editor & Publisher at 6:45 AM
This feature story gathers up a great many tales, true and false, regarding the strange history of the 1804 silver dollar -- twice restruck in later years and often faked. Details here.
Posted by W.J. Elvin III, Editor & Publisher at 6:31 AM