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17 Articles

What’s New in NumisMaster

What a year 2024 has been in NumisMaster! Over 7,000 coins added with almost as many images; it was quite productive! There has been an even greater increase in price changes. The rollicking spot metal prices for our favorite precious coinage compositions of gold and silver have driven the biggest changes this past month. Tens of thousands of values have been changed for coins across the world, which normally track spot prices closely. You may even notice that higher grades are being dramatically affected, particularly with gold commemoratives. When spot prices rise as high as they are now, we also find ourselves adjusting values for older circulating coins that used silver. This updating has been in process for several months but was accelerated recently in a wide array of countries.…

What’s New in NumisMaster

ROMAN COINS FOUND IN NO-MAN’S-LAND

There are lots of theories, but nothing concrete, as to why a large hoard of mostly Gallic Empire Roman coins has been discovered near Herschbach, Germany. The location of the find had been a no-man’s-land that served as a buffer between the Roman Empire and local Germanic tribes at that time. The initial find was discovered by a licensed metal detectorist who immediately reported the coins to government archaeologists in Koblenz, Germany. Further excavations yielded what has been reported to be about 2,940 coins and an additional 100 thin silver fragments on which geometric patterns appear. The hoard was buried in a ceramic pot hidden between two rocks. The pot was broken at the time of its discovery. The find is outside what had been the Roman Empire’s borders but…

ROMAN COINS FOUND IN NO-MAN’S-LAND

GOLD COIN USES EVOLVE

Gold composition coinage faded from circulation during the 1930s, followed by silver coins in the 1960s. As the world switched from a coin to a fiat money economy, the idea of some form of specie money continuing to circulate has never been totally abandoned. There are good reasons for resistance to completely dropping gold and silver coins from circulation. Remember former United States Federal Reserve Chairman Alan Greenspan’s famous comment, “If, in the words of British economist John Maynard Keynes, gold were a ‘barbarous relic’ central bankers around the world would not have so much of an asset whose rate of return, including storage costs, is negative.” Central banks have possession of lots of gold. Still, the public has long abandoned precious metal coinage as their trust shifted to their…

RUSSIA STOPS ISSUING 1-RUBLE COINS

Inflation has not been kind to the Russian ruble. One ruble is currently valued at a single U.S. cent at official international exchange rates. As of October 25, Russia’s central bank estimated annual inflation to end 2024 at between 8–8.5%. This is a higher forecast than July’s 6.5–7% percent forecast. It currently costs 135 rubles to purchase a McDonald’s Big Mac in Moscow. A carton of milk costs between 80 and 100 rubles. A carton of eggs costs between 70 and 100 rubles, while a loaf of bread is priced between 40 and 60 rubles. In other words, a single ruble isn’t worth much. For that reason, the Central Bank of the Russian Federation recently decided that Russia will print paper ruble bank notes for cost-saving purposes rather than strike…

RUSSIA STOPS ISSUING 1-RUBLE COINS

MONARCHS ON COINS IS IN DECLINE

Oh, the times, they are a-changin’. New monarchs continue to appear on coins but in declining numbers. Nations that are choosing to depict something other than a living national leader are on the increase. Are monarchs’ appearances on coins about to fade into the past? Think about it. When the fledgling United States began issuing coins in 1793, it was Liberty rather than a U.S. president that was featured. At that time, most coins issued worldwide depicted the current monarch of that nation or a symbol representing the royal seat. Today, subjects on coins are heading in the opposite direction, as are the number of monarchies still in power. In May, the British Royal Mint announced that they would discontinue the “British Monarchs” collection due to a decline in interest…

MONARCHS ON COINS IS IN DECLINE

JAPANESE EMERGENCY COINS RESURFACE

The recent find of perhaps as many as a half million coins planned to be circulated in Japan during the latter period of World War II may not hold a lot of monetary worth, but the story behind them is of much greater value. In August 2023, what has since been dubbed “maboroshi” or phantom coins was found in a Shofu Global warehouse used to keep dental equipment. They had been stored loose and in bags in 15 boxes, holding more than 500,000 coins. The coins are now in the possession of the Japanese Mint Bureau, and a donation of 100 coins was presented to Shofu Co Ltd. A Shofu representative commented, “There are unexpected things in expected places.” Founded as the Shofu Kogyo Company in Kyoto, Japan, in 1906,…

JAPANESE EMERGENCY COINS RESURFACE

ANCIENT TRADE ROUTE SURVEY YIELDS COINS

What is today Poland was a long journey from the boundaries of the ancient Roman Empire, but even then, the people inhabiting the region were in contact with the Romans. Between 400 B.C. and about A.D. 500 the area was populated by Avars, Balts, Celts, Germanic tribes, Scythians, Slavs, and Thracians. Much of the Roman trade with Poland involved Baltic amber, and the region was known as the Amber Road, a major trade route between the Baltic and Mediterranean Sea. Because of this trade route, members of the Polish Association of Searchers, known as the Hussars or Husaria in Polish, were surveying the region to identify a historic trade route dating from Roman times. Hussar members Sławomir and Szymon Milewscy knew they might encounter ancient coins, but they didn’t anticipate…

The Golden Century

Too young. Too individual. Too romantic. These scathing critiques were not about the next superstar in a talent show in 2025 but about a numismatic representative for Switzerland in May 1895. Twelve years earlier, Switzerland had introduced its first federal gold coin featuring the female personification of the country, "Helvetia," designed by Neuchâtel-based medalist Fritz Ulisse Landry. However, the government in Bern believed that she needed a makeover, and this endeavor ultimately ended in scandal. What Landry presented to the jury was a step too daring; he had modeled the coin after a young woman. The unique design of the youthful woman's face was meant to symbolize his vision of freedom. However, the jury didn't fall in love at first sight. They demanded that Landry make the features of the…

The Golden Century

The Truths and Consequences of Slabbing Coins

• What is the best way to crack a coin out of a slab? You first must consider the reason you want to get the coin out of the holder. There is a risk to the coin and yourself should you decide to go forward. One of the most obvious ways is to place the holder on a hard surface and then hit it with a hammer. You may also be able to use a wide tool or knife against the flat edge of the slab. Yet a third possible way is to place the slab in a vice and slowly get it to buckle. No matter what method you use, keep in mind the plastic holder can splinter, injuring yourself and damaging the coin. • If I take a…

Medieval Armenian State Rises and Falls in Southeastern Turkey

I’d promised last time to discuss medieval Armenian coins, which were struck in southeastern Anatolia from the late 12th to the mid-14th centuries. So, let’s do medieval Armenia, sometimes called Cilician Armenia or Rupenid (Rubenid) Armenia. The Cilician Armenians made large quantities of some of their coins. I’ve been encountering them throughout my career. Some of them are very nice looking: faces and lions are nicely struck with readable legends if you can understand Armenian. Others, from the later bad years, can be so crude I still can’t figure out what they are. After about a century of Rupenid governance in Cilicia, Levon I struck the first coins of Cilician Armenia in A.D. 1198. He had gotten himself accepted as a vassal of Henry VI of the Holy Roman Empire.…

Medieval Armenian State Rises and Falls in Southeastern Turkey

Rare Cantiaci Coins Earn High Bids at November Auction

Among the vast collection of Celtic coins that were up for bid at Chris Rudd Ltd.’s November 17, 2024, auction was a selection of rare staters and units that earned impressive numbers. These coins were made by the Cantiaci, an Iron Age Celtic civilization that resided in Cantium—now Southeastern England in the county of Kent— that later became a civitas after the Roman invasion. A particular standout of the auction was a Good Very Fair “Anarevito” gold stater (17 millimeters; 5.50 grams) from A.D. 10–15 that garnered a high price of £20,000. It is rated in excessively rare condition as it is one of two ever recorded. Upon discovery in Kent in 2022, the coin has become an important historical aid in better understanding the ruler Anarevito’s reign and financial…

Rare Cantiaci Coins Earn High Bids at November Auction

THE SILVER COINAGE OF RUSSIA 1833–1836

Russia of the 1830s is noted for its literary masterpieces by some of the country’s most brilliant writers. In particular, the world-famous Alexander Pushkin did his most creative writing during these years, and his 1837 death in a duel was a great shock. At the same time, Emperor Nicholas I (1796–1855) was revamping the Russian government from top to bottom in his own image. He felt that society should be patterned after the military, with orders flowing from his office to all corners of the empire. New tables of rank were created, and the great mass of citizenry was brought into line with Nicholas’ ideas. They may not have agreed but had little choice in the matter. In the late 1820s and early 1830s, Nicholas also made great strides in…

THE SILVER COINAGE OF RUSSIA 1833–1836

For complete show listings visit NumisMaster.com The World Coin News club show and commercial events calendar is a guide to events with a focus for world-coin collectors. Domestic events scheduled up to 10 weeks in advance of the issue date and foreign events up to six months in advance are listed. Abbreviations used: “A” – Admission charge; “T” – number of tables; “F” – Table fee; “N/A” – not available. Other data required for submitting a listing: name and address of show site, and name and address of bourse chairman or other contact person. ALABAMA Jan 18-19 AL, Foley. Gold Coast Coin Show. Civic Center, 407 East Laurel Avenue. SH: Sat: 9-5, Sun: 9-3. SP: South Baldwin Numismatic Society. A: Free. T: 36. F: $160. Robert Jenkins. PH: 251- 943-5621…

Welcome to the 2025 Coin Show & Auction Guide. This special supplement to Numismatic News, World Coin News and Bank Note Reporter features the hobby’s most complete listing of coin shows and auction firms. The guide is divided into three separate sections. First, the Auction Guide pages provide an alphabetical listing of auction firms. Next, the Show Guide section provides geographical details about numismatic shows scheduled for the year. Finally, for a chronological listing of coin shows, turn to the Showdex section.…

The Auction Guide section provides an alphabetical listing of auction firms. AAA Historical Americana - World Exonumia, P.O. Box 4143, Rockford, IL 61110; (815) 226-0771; fax (815) 301-9696; email hartzog@exonumia.com; website www.exonumia.com. Stephen P. Alpert’s Exonumia, P.O. Box 335441,North Las Vegas, NV 89033-5441; (702) 473-9071; email quadra1@cox.net. Archives International LLC, 1580 Lemoine Ave., Suite 7, Fort Lee, NJ 07024; (201) 944-4800. Arneson Auction Service, 6902 Icon Ave., Sparta, WI 54656; (608) 797-5086. Astarte S.A., Via Cantonale, 1/A, CH-6900 Lugano, Switzerland.; 0041 (0)91 923 3640; fax 0041 (0) 91 922 55 74; email info@astartesa.com. Auctions Unlimited, P.O. Box 5595, Phoenix, AZ 85010; (480) 998-4001. Baldwin’s Auctions Ltd., 399 Strand, London WC2R 0LX, United Kingdom; (44) (0) 208-092-5856 or auctions@sgbaldwins.com. Harlan J. Berk Ltd., 31 N. Clark St., Chicago, IL 60602; (312)…

The Show Guide section provides geographic information about numismatic shows scheduled for 2025. To look up a show quickly by date alone, or if you first need to find out where a particular show will be held, use the Showdex section beginning on Page A17. Show dates and locations are sometimes changed at the last minute, so it’s best to call the promoter or show site before traveling a long distance. Except as otherwise indicated by the name of a sponsoring organization, shows listed are commercially sponsored events. If no listing appears for a state, there are no shows in that state during the covered period. Abbreviations used: A – admission charge; T – number of tables; ( ) – number of primarily numismatic tables at a multi-hobby shows; F…

The Showdex section lists numismatic shows for 2025 in chronological order. For more information about a show listed in the Showdex section, note the state or country in which the show is held and find the appropriate listing in the Show Guide section beginning on Page A6. December Dec 1 FL, Maitland. Central Florida Coin & Money Show. Dec 1 IA, Riverside. Iowa City Old Capitol Coin Club’s Coin Show. Dec 1 MA, Dedham. First Sunday Stamp and Coin Show. Dec 1 MO, Independence. ARC Coin Show. Dec 1 NJ, Lindenwold. South Jersey Coin & Collectibles Show. Dec 1 NY, Albany. CDCDA Coin & Hobby Show. Dec 1 WV, Bridgeport. Stonewall Jackson Coin Show. Dec 7 CA, San Francisco. SF International Numismatic Bourse. Dec 7 FL, Hudson. The Pasco Coin…

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