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The International Bank Note Society was formed in 1961 and was one of the first clubs for collectors of paper money (along with the SPMC - Society of Paper Money Collectors formed the same year). The IBNS focuses on collectors of world paper money while the SPMC targets mainly collectors of U.S. notes.
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The U.S. star or replacement note displays a star as a suffix on Federal Reserve notes. A star is used to replace defective notes found during the inspection process at the Bureau of Engraving and Printing. Since the highest number that can be printed by an eight-digit numbering cylinder is 99,999,999, a star has been used to denote the 100,000,000th note off the press. Historically, star notes hold a value slightly higher than the legal-tender value, with the amount dependent on condition and denomination
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Whatever method you try to clean a coin, it's best to test it on a non-valuable coin of similar metal first. That way if a certain method does have bad effects, you'll find out before you ruin a valuable coin. I discovered this much to my chagrin when cleaning a batch of 1943 steel pennies in an acid solution. I'll never know if it would have worked, because I had the pennies in a galvanized steel container and the acid, combined with the galvanization, fused the pennies into one worthless chunk.
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gold coins collectibles Stories
Treasure hunters’ delight at the discovery of Roman coins bounty
Wed, 30 Jul 2008 20:35:43 +0000
THREE treasure hunters have unearthed 62 Roman coins which date back 1,700 years.
Adam Staples, Lisa Grace and her 14-year-old son, Tom Grace –- out with his metal detector for the first time – made the discovery on land near Stanton-by-Bridge.
The trio, from Derby, were scouring the soil when their equipment began to beep.
Mr Staples scooped ...]
Adna G. Wilde Jr. Dies
Thu, 20 Nov 2008 15:57:04 +0000
Retired Lt. Col. Adna G. Wilde Jr., former president, Board member, executive director, treasurer and parliamentarian of the American Numismatic Association, died on the morning of Nov. 17 in Colorado Springs. He was 88.
"This is a sad time for our Association," ANA President Barry Stuppler said. "Adna will be remembered as one of the most ...]
New Dollar Coin Emails Misinform
Wed, 07 Mar 2007 18:08:00 +0000
There have been a couple of different versions of emails floating around the internet lately claiming that the National Motto "In God We Trust" has been omitted from the new dollar coins.
Here is a an example of one of those emails:
U.S. Government to release new dollar coins.
You guessed it "IN GOD WE TRUST" IS GONE!!!
Who originally put "In God We Trust" onto our currency?
My bet is that it was one of the Presidents on these coins.
All our U.S. Government has done is Dishonor them, and disgust me!!!
If ever there was a reason to boycott something, THIS IS IT!!!
DO NOT ACCEPT THE NEW DOLLAR COINS AS CHANGE
Together we can force them out of circulation.
The problem with these emails - - they are flat out WRONG!
The new dollar coins do contain "IN GOD WE TRUST" on them. The National Motto, along with the year, mint mark, and the phrase "E PLURBIS UNUM", have all been moved to the edge of the coin to avoid cluttering the design. Although a few examples have been found with the edge lettering missing, these are error coins and not some government plot to phase God out of America.
The one word that is missing from the new dollar coins is the word LIBERTY. Apparently the thought was that the word would be redundant since the reverse design for all of the coins depicts the Statue of Liberty.
So if you get one of these emails in your inbox, please do everyone a favor, don't pass it on . . . DELETE IT!
Coin Trivia for 21 Oct 20081. What is the date of the last 90% silver dime?
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Our Coin And Paper Money Article
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In 1861, on the brink of bankruptcy and pressed to finance the Civil War, U.S. Congress authorized the United States Treasury to issue paper money for the first time in the form of non-interest bearing Treasury Notes called Demand Notes.
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Typically, collectors will use an adequate reference book to find the note they want. Then, they look through the many price lists they might have to find a dealer who offers the same note in an acceptable condition for an acceptable price. Lots of dealers put parts of their price lists in Bank Note Reporter ads. The collector then either calls or faxes the dealer with a credit card number or send a check in the mail.
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The Latest 1950 silver dollars News
Designer Jay Strongwater moved from jewelry to making a home ...Marconews (subscription), FL - 3 hours agoPlating is the process of applying special coats of metal onto the surface; two of our favorite platings are antique gold and oxidi
Mon, 28 Jan 2008 23:19:14 +0100
Foreign Correspondent, Canada -In the 1600A
s, SpainA
s imperial expansion and European wars were dependant on silver and gold looted from Peru. Spanish treasure fleets transported tons of ...
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Gold Marks 2-Week Low
Wed, 12 Nov 2008 21:40:38 +0000
Precious metals continued their declines on Wednesday as the U.S. dollar gained and crude-oil dropped by more than 5 percent — its lowest level since January 2007. New York silver, gold and platinum futures fell 3.3 percent, 2.0 percent and 0.2 percent respectively.
December crude-oil faired worse than Tuesday, sinking $3.17, ...]
Coin and Bullion Investing Insights
For the past several weeks, I have been getting an increasing volume of email asking for more information about investing in coins and bullion. This spate of inquiries is...
Numismatic Blog and News Headlines - Nov 13, 2008
Thu, 13 Nov 2008 14:15:36 +0000
Four numismatic articles are referenced on CoinNews every Tuesday and Thursday. These articles are not authored by us, but we recommend collectors read them for their unusual or interesting content. Here are today’s articles:
Timothy K. Torpin (1951-2008)
By PCGS
On Monday, November 3, 2008, Tim Torpin, fellow coin dealer and beloved friend, husband, ...]
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Our Coin And Paper Money Article
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The paper money collecting hobby has been very well established for decades and there are many thousands of collectors worldwide. Paper money collectors are not as common as coin collectors, but they are still very active and have extensively developed the hobby. Many very specialized coin groups deal heavily in paper money as well.
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Buy the scarcest coin in the best condition that you can afford. Many collectible gold coins sell near the melt price of gold because there are more than enough around to cover demand. When gold increases or decreases in value, these coins will follow. But the higher the grade, the lower the population and demand will push up the price rather than just following the price of gold.
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A set of high-magnification hand lenses is an invaluable tool for numismatists. However, magnification of 10� and up is only recommended for spotting signs of counterfeiting. Skip Fazzari offers these tips and more.
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A banknote collection makes a powerful conversation piece which rarely fails to arouse interest and admiration. Even an inexpensive collection makes a fabulous display of some of exquisite pieces of printing and graphic design. An exceptional amount of work and skill goes into the design of banknotes by artists and engravers of outstanding skill and talent. The design and manufacturing process is a field of study in itself - but many of the methods used are shrouded in secrecy to make forgery difficult. Nevertheless, forgeries do occur and these are often worth more than the genuine article to collectors!
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The really expensive collectors paper money (1,000 to 50,000 US dollars) is usually sold at large auction houses such as Spinks (the coin and currency arm of Christies), Stacks and some paper money specific houses (Currency Auctions of America and Lyn Knight Auctions). They also handle lots in the 300 US dollar range and above.
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Hawaii coin ends popular state commemorative quarter program
Thu, 23 Oct 2008 22:59:00 +0000
With a big aloha to Hawaii, a new generation of coin collectors will soon shut their books on the U.S. Mint's popular 10-year state quarter program full of fond family memories and a fun dose of history.
While not terribly rare, considering about 34 billion were produced, the commemorative quarters have captured the frenzied fancy of kids and their parents as they've drawn extended family, tip-collecting waitresses and friendly bank tellers into the hunt.
Coveted by roughly 147 million collectors in the United States, the coins also have been lucrative for the mint, bringing in $3.5 billion in pure profit by the end of last year, excluding special-issue sets. Most popular program
The mint knew the program would be successful, said spokesman Michael White, "but it turned out to be even more popular than expected. This is the most popular coin program in history."
Come November, it will end with . . .
Full story at:
Link 
Coin Trivia for 28 Oct 20081. The silver dollar design produced from 1878-1921 was the work of what designer?
Labels: old asian gold coins | rare and collectible gold coins | u s gold coins | world gold bullion coins
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Much of the really interesting US paper money is now very expensive. The very striking notes of the 1800s and early 1900s are now out of the price range of most casual collectors. Some people collect travelers' checks, and stocks and bonds, which might not be considered as paper money. Souvenir Cards (printed by people like ABNC) are a good way to see the beauty of currency.
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There is an interesting fractional currency which is much sought after by collectors. These are private banknotes from the 1800s. Before the US government created a national banknote there were some banks issuing their own money without government backing. However, it was not long before these banks were closed down and the banknotes were counterfeited and altered.
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Historically the U.S. Treasury has issued many different types of notes. These notes bear numbers and seals in a variety of different colors that are distinctive to the type of note. The most common note in circulation today, and the one that we are used to seeing, is the Federal Reserve note bearing a green seal and numbers. Following is a listing of the note types and seal colors:
Silver Certificates---blue seal
United States Notes---red seal
National Bank Notes---brown seal
Gold Certificates---yellow/orange seal
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Probably the best way to start collecting paper money is to subscribe to Bank Note Reporter. It's a sort of monthly newspaper for paper money collectors and not only does it carry all the latest news about new issues, currency changes, etc., it also has advertising from a very large number of dealers and it lists paper money shows in the US and around the world. BNR offers free samples to anyone (not just in the USA). Subscriptions run about 30 dollars for 1 year (around 40 dollars outside the US). It's a very good source of information.
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u s gold coins Stories
The Original Commemorative Quarter
Fri, 11 Jul 2008 13:12:28 +0000
Content Partner: Pinnacle-Rarities
We’ve entered the last year of the popular modern commemorative quarter program. For better or worse, all fifty states have created designs and the final mintages will hit the nation’s cash registers during the remainder of the year. While I find these final five designs attractive, they (like their modern predecessors) lack the ...]
Gold Still Glitters While Sentiment Grows to a Bullish ExtremeSovereign Society, FL - 17 hours agoThis is a classic sign that the gold trade is getting overcrowded with bulls. Whenever sentiment in any market or sector gets this one-sid
Wed, 30 Jan 2008 12:49:27 +0100
Business Intelligence Middle East (press release), United Arab Emirates -Dubai's gold trade has also benefited considerably from the tight supply and strong demand fundamentals of the metal." Dubai is a long-established market ...
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Game time!
Fri, 01 Feb 2008 23:18:17 +0100
Manchester HippoPress, NH -Four Super Bowls over the course of a decade is the gold standard for greatness in the NFL. No quarterback or coach has ever won more than four in a career. ...
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