News — Numismatics

1943 Copper Penny Found in a High School Cafeteria Set to Fetch Millions at Auction

Posted by Derek Sawchenko on

1943 Copper Penny Found in a High School Cafeteria Set to Fetch Millions at Auction
In 1947, Don Lutes Jr. bought lunch from his high school cafeteria and noticed something strange about his change. One of the pennies he received had a copper tint to it. Normally, this would be fine for most pennies, however, the date on this penny was 1943. Lutes Jr. knew that pennies from that date were always made of steel. This was due to the Military's needs during World War II. 

Read more →

Is a 100-Point Grading Scale for Numismatic Coins Coming?

Posted by Derek Sawchenko on

Is a 100-Point Grading Scale for Numismatic Coins Coming?
Recently, Ron Guth, President of Coinfacts, has suggested a new 100-point grading scale for numismatic coins. As it stands, coins are currently graded on a 70 point scale. 1 being the lowest, and 70 being a perfect coin. 

Read more →

What is the American Eagle Congratulations Set?

Posted by Derek Sawchenko on

What is the American Eagle Congratulations Set?
Each year, the U.S. Mint issues an American Eagle Congratulations Set. The idea for the coins is to offer a gift of congratulations for special occasions. Whether for graduations, anniversaries, or engagements, the American Eagle Congratulations Set is a unique gift to celebrate any special event.

Read more →

1876-CC 20 Cent Piece Counterfeit Coin

Posted by Derek Sawchenko on

1876-CC 20 Cent Piece Counterfeit Coin
Knowledge is power when it comes to determining whether a coin is fake or not. Knowing the mintage and the history are the most important aspects when observing a coin. 

In this particular example from NGC's website, we have a real example and a fake example of an 1876-CC 20 cent coin. Which coin do you think is the fake one and which is the real one?

Read more →

Investing in Palladium and its relation to Gold and Silver

Posted by Derek Sawchenko on

Investing in Palladium and its relation to Gold and Silver
Chances are if you are reading this, you are interested in investments concerning numismatics and bullion. Typically, people tend to invest in either gold or silver. But what about Platinum, or the even lesser considered palladium? If we look at the percentage gains and losses for gold, silver, and palladium for the last 5 years, the results are interesting. Palladium is up 43.63% while gold is down 22.47%, and silver, 46.51%.

Even in the past 12 months, palladium is up 36.70% while gold is 0.55 percent, and silver was down 7.94%.

Recently, the U.S. made a palladium bullion coin listed above. This is what allows investors to feel more comfortable when dealing with precious metals other than gold and silver.

Read more →