Archive for January, 2009

Who Is To Blame at the US Mint

After I posted the article Ultra High Price Gouging With No Relief, an anonymous commenter accused me of having a “a low opinion the of the people there and don’t give them any credit.” It was an article that was critical of the US Mint and its policies, I was not directing criticism to the people who work for the Mint but those who run the bureau.First, let me say that unequivocally, I have

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Poland 2 zlotys 2009 - First 2 coins

New circulating commemoratives:

History of the Polish Cavalry: Winged cavalryman

90th Anniversary of the Establishment of the Supreme Chamber of Control

LINK: National Bank of Poland
LINK: Polish State Mint

SPECIFICATIONS
Composition: Nordic gold, CuAl5Zn5Sn1
Weight: 8.15 g
Diameter: 27.00 mm

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DC Quarter and a Missed Opportunity

This week, the US Mint released the quarter for the District of Columbia that honors Edward Kennedy “Duke” Ellington. The Washington-born Ellington was one of the most influential musicians of the 20th century with a career that spanned 60 years until his death in 1974. Ellington was awarded the Presidential Medal of Freedom by President Richard Nixon in 1969.Ellington was a great musician and

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USA 2009 - State Quarters

The designs for the 6 new quarters are ready:

LINK: The United States Mint
LINK: Quarter Designs

SPECIFICATIONS
Weight: 5.67 g
Diameter: 24.26 mm
Thickness: 1.75 mm
Edge: reeded

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Mint Guarantee Prices on Order

Following up on my post about the pricing policy at the US Mint for Ultra High Relief Saint Gaudens Double Eagle gold coins, Susan Headly is reporting that the Mint guarantees that the purchaser will pay the price of the coin as of when it was ordered. This means that if the price of gold rises before your order is fulfilled, your price will stay the same as when you ordered.It also means that if

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Is The Mint Discouraging Gold Ownership?

Throughout the second half of 2008, the US Mint has had problems with the supply of gold coins for the collector and investor market. Gold American Eagle and Buffalo coins were is short supply causing the US Mint to suspend and limit gold sales before changing the pricing policy of all precious metal products. Could the US Mint be trying to discourage gold ownership?Michael Zielinski, author of

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Ultra High Price Gouging With No Relief

If you have been watching the US Mint this week, you may have noticed that the 2009 Ultra High Relief Saint Gaudens Double Eagle started to sell on January 22, 2009.With a limit of one coin per household, the catalog page advises “Orders will be processed on a first-in, first-out basis, and could potentially take up to six to nine months to complete based on gold blank availability.” (emphasis

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Context is Truth — or maybe not :-(

In perusing the blog of one archaeologist today I noticed an interesting comment. The blogger and a commentor were questioning the accuracy of the reported “find” location of some objects reported in the British Portable Antiquities Scheme. They were, in fact, criticizing the PAS itself. Both implied that professional archaeological excavation was the only way to guarantee the origin of an object (i.e. not “looted”) and its authenticity.

The reason that this resonated in my admittedly foggy memory is that some twenty-years-ago I was personally involved in a raging debate over the authenticity of some small silver-alloy coins from the Balkan cities of Mesembria and Apollonia, referred to as the Black Sea Hoard. Without going into a long explanation of the details, I was one of a group of private numismatists that condemned the coins as modern fakes. Opposed to our view was a scientist from a prominent university in Michigan who tested the coins with an Electron Scanning Microscope and pronounced them ancient, not modern. As the debate raged, over a two-year period, the scientist defended his analysis by actually making a trip to Bulgaria, where these coin types were struck in antiquity. At the archaeological museum in Varna, the scientist found deposited there coins of this type from a local archaeological excavation. Indeed, the coins were a die match to some of the coins being debated. This would seem to suggest, since the excavation was an official state controlled project, that the dies were indeed ancient and that the coins in question were authentic. Well, that was not the case. The Black Sea Hoard coins first started showing up in European markets in 1986, the same year that these excavation coins were accessioned at the Varna museum. What a coincidence! To make a long story shorter, I’ll cut to the chase. The coins were fakes and the actual dies used to produce them were ultimately made public. The excavation coins at the Varna museum were salted in the excavation to lend credibility to their authenticity.

In November of 2000, a leading Japanese archaeologist admitted fabricating the discovery of exceedingly rare and early stoneware by planting the objects himself. He revealed to reporters that the new discoveries were actually objects found in earlier digs that he had planted in the 600,000-year-old layer of earth and that he had kept more than 60 of the stoneware pieces at his home. Obviously, the information from this official excavation was totally invalid.

There have been many other cases of outright fraud in supposedly controlled environments.
Archaeologist Paul Bahn wrote about the problem of fraud within his own discipline in a 2001 article where he states that: “Careers have been boosted, reputations made and enhanced, salaries raised and honours awarded because the perpetrators have indulged in these kinds of dishonesty. Too often, nobody has felt able or courageous enough to point the finger and expose them; no one, least of all the media, has checked the facts; and, anyway, most people find it hard to believe that scholars would lie and cheat so brazenly.” Bahn rightly points out that such cases in relative terms are rare, but they do have an impact on scholarship.

The point, I think, is that there are no guarantees in the realm of human experience. We all need to do the best that we can and the PAS does offer a far superior model for the preservation of cultural property and archaeological sites than any of the draconian laws of Mediterranean countries where antiquities are found in seemingly endless numbers. We ought to be praising the efforts of those who manage the PAS rather than snatching at any and every way to hurl a criticism.

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Austria 5 euro 2009 - Joseph Haydn

New silver commemorative:

“200th Anniversary of the Death of Joseph Haydn”

(information and image by P.K. Saha)

LINK: Austrian Mint
LINK: Euronumis

SPECIFICATIONS
Composition: silver .800
Diameter: 28.50 mm
Edge: nine-sided, plain

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A Quick Administrative Note

WASHINGTON - NOVEMBER 10:   U.S. President Geo...
Image by Getty Images via Daylife

Change came in many forms on January 20, 2009. Not only was Barack Obama inaugurated as President of the United States, but his staff changed the official administration website WhiteHouse.gov. The downside to the change is that the web designers did not keep the same directory and file layout of the previous administration’s website. For this blog, it means that links about presidents that

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