350 year old 1656 cromwell pattern broad

Heritage Auction to Feature 1656 Cromwell Pattern Broad Dating Back 350 Years

The August ANA Auction, No. 3085, Heritage Auction will feature a rare 1656 Cromwell Pattern Broad. Considering its historical context, this is an extremely rare piece.

 

The execution of King Charles I marked the end of the English Civil war in 1649. This marked the beginning of the Commonwealth of England, with Oliver Cromwell servicing as its Lord Protector.

 

Cromwell was a staunch Puritan, set about transforming the face of the land to match his ideals. This included canceling Christmas celebrations. One of the things Cromwell is well remembered for is hating what he considered “decadence”, including the monarchy. Cromwell even declines the crown when it was offered to him.

 

During the Commonwealth period, the Puritan and anti-monarchist feeling is visible in their coins. They bore no likeness to the King or Queen and included only English legends instead of Latin. Many people considered English legends to be rather plain compared to earlier ones.

 

These rare patterns of the period were struck in gold as possible trial pieces in 1656. The “Broad” denomination was a precursor to the later-adopted Guinea.

 

A similar coin was described by a catalog as by saying “Cromwell’s portrait is prominently centered on the obverse and depicted with a laureate wreath, the Classical symbol of emperorship; circling his likeness are his Latin titles, whilst the reverse bears his personal motto PAX QVÆRITVR BELLO, “peace is sought by war.”

 

Putting a crown atop the reverse shield was a bizarre choice. Cromwell refused this iconic symbol of the English monarchy.

 

From a numismatic and historical perspective, every facet of this coin is anti-Cromwellian, making it even more fascinating. Whether Oliver Cromwell accepted the coin or not, this piece is impressive.

 

Coins like the 1656 Cromwell Pattern Broad have recently sold for around $50,000. This shows that pieces for the period following the British Civil War are highly sought after, and this particular piece should receive a lot of attention when it comes up for auction.

 

If you would like to learn more about the 1656 Cromwell Pattern Broad and the August ANA World Coins Auctions, please visit the Heritage Auctions website.

 
Source  : https://www.numismaticnews.net/article/1656-cromwell-pattern-broad-survives-over-350-years

2020 ANA College Scholarships Announced

ANA Scholarships

 

Please join RoundTable Trading in congratulating the recipients of the American Numismatic Association (ANA) 2020 college scholarships! The winners are Abigail Zechman of Clermont, FL; and Colin Feitl from Hebron, KY.

 

Both Abigail and Colin will receive a $1,000 scholarship to use toward tuition at the institution of their choice.

“The annual scholarship is an opportunity for the American Numismatic Association to expand on its core mission of education through higher learning,” said Rod Gillis, ANA education director.

 

“There were many qualified candidates but the commitment of these two young people to numismatics is unparalleled. We are most proud of their accomplishments and are happy to help with their educational endeavors.”

 

Both recipients are eligible to receive the scholarship for up to four years.

 

Abby Zechman has been collecting for eight and a half years and her interests have narrowed to Large cents and “Red Books”.

 

“I am 12 books short of a full data set of ‘Red Books,’ and I enjoy picking up raw Large cents when I find one that catches my eye at a show,” said Zechman. “I am assembling a date set collection of Large cents in nice condition, however, I am always drawn to old, beat up or counter stamped coppers – they have more of a story.”

 

Zechman has already earned half of her Associate of Arts degree at Lake Sumter State College. She plans to finish her degree before transferring to the University of Central Florida to complete her Bachelor’s degree in elementary education.

 

Upon graduation, Zechman intends to use her degree to work for the American Numismatic Association.

“I want to work in the education department teaching kids and others about numismatics,” she said. “I have always had a passion for teaching and the ANA has had a huge impact on my life. I want to be part of that for future collectors and help keep our hobby alive.”

 

The second scholarship recipient, Colin Feitl, has been collecting since he was a toddler – picking up coins wherever he found them – the beach, parking lot, sidewalks, and more. In sixth grade, he went to his first coin show and formally started several collections from there.

 

Colin Feitl, the second college scholarship recipient, has been collecting since he was a toddler. Wherever he found coins, Feitl would pick them up, whether it was at the beach, a parking lot, or sidewalks. Feitl attended his first coin show during the sixth grade and began several collections shortly after.

 

Feitl plans to study media informatics and business at Northern Kentucky University.

 

During college, Feitl plans to return to Summer Seminar and attend the World’s Fair of Money. He also remains active in his local Cincinnati Numismatic Association.

 

“I also hope to get a decent job someday to allow me to grow my collections,” he said. Feitl currently collects Morgan dollars, Ancient Roman Empire coins, and modern Asian coins.

 

“Thanks to all who made this scholarship possible,” Feitl said. Once I delved into learning about numismatics, I just kept finding how much more there is to learn. I know most people my age are interested in money to be able to spend it but none who are interested in numismatics. I feel passionate about keeping the interest in the hobby and history of numismatics alive for the next generation so that it is not forgotten.”

 

Please join the members of RoundTable Trading in congratulating Abigail Zechman and Colin Feitl!

 

Applications for the 2021 ANA College Scholarship will be available in January. Recipients are selected based on an academic scholarship, numismatic accomplishments, and financial need.

 

All applicants must be a senior in high school and a member of the American Numismatic Association.

 

For additional information on the ANA scholarships, contact Rod Gillis via email at gillis@money.org or call him at (719) 482-9845.

 

The American Numismatic Association is a congressionally chartered, nonprofit educational organization dedicated to encouraging the study and collection of coins and related items. The ANA helps its 28,000 members and the public discover and explore the world of money through its vast array of educational and outreach programs, as well as its museum, library, publications, and conventions. For more information, call (719) 632-2646 or visit money.org.

 

 

Source  : https://www.numismaticnews.net/article/zechman-feitl-receive-ana-2020-college-scholarships

ngc-certified spring dollar

Heritage Sale Features NGC-Certified “Spring Dollar” – Realizes $660,000

Certified by the Numismatic Guaranty Corporation (NGC), a Chinese 1910 Yunnan Silver Dollar realized an incredible $660,000 USD at the Heritage Auctions on June 12, 2020. Commonly known as a “Spring Dollar”, this is one of the greatest rarities in Chinese numismatics. It also fetched one of the highest prices ever paid for one.

 

Containing the Chinese characters that show a date of Spring 1910, it is the only Chinese coin featuring the season as part of its date. The coin was possibly struck to commemorate the completion of an important rail line that connected the mountainous Yunnan region with their neighboring Vietnam.

 

This coin previously realized $546,250 at a Heritage sale in 2001 and is the finest of three known examples. This specific coin is graded NGC AU58 and pedigreed to the Norman Jacobs Collection of Asian coins.

 

“We are thrilled that this NGC-certified Spring Dollar set the record for the most valuable Chinese coin ever sold by Heritage Auctions,” said Cris Bierrenbach, Executive Vice President of International Numismatics for Heritage Auctions.

 

“The fact that this occurred during a time when many bidders were unable to view the coin in person speaks volumes about the benefits of NGC certification.”

 

Based on other recent auction, this coin underscores the growing demand for NGC-certified Chinese coins. An NGC-certified 1897 Szechuan Ferracute Pattern Set realized $1,020,000 US during the Heritage Auctions sale in December of 2019.

 

This ten-coin set far exceeded the record for a single lot of Asian numismatic rarities at a Heritage auction.

 

“We are honored that bidders trust NGC so much that they will pay $660,000 for an NGC-certified coin based only on its grade, description and images,” said Mark Salzberg, NGC Chairman and Grading Finalizer.

 

“Bidders can rest assured that every coin is graded by a world-class team and backed by a comprehensive guarantee of authenticity and grade.”

 

The Norman Jacobs Collection also added another coin to their pedigree is a Thailand (1877) Silver 2 Baht graded NGC PF 62. This particular coin realized $78,000 USD, far above estimates. This coin shows Rama V, the fifth monarch of Siam under the House of Chakri, early in his 42-year reign.

 

The pre-auction estimate for this coin was between $10,000 and $20,000 USD.

 

Another coin that surpassed its pre-auction estimate was a 1904 Hupeh L&M-181 Tael that was graded NGC MS 63. Initial estimates were between $50,000 and $60,000 USD, but the coin realized $105,000 USD.

 

 

Other auction highlights included:

Prices realized include buyer’s premium.

 

Source : https://www.ngccoin.com/news/article/8451/spring-dollar-heritage-2020-sale-realized/

rare chinese l giorgi pattern fat man dollar

NGC Grades Rare Chinese L. Giorgi Pattern

The ones that show a side profile, like the pattern recently certified by NGC, are sometimes called “Fat Man Dollars,” and are particularly popular in Chinese numismatics. Their design was created by Luigi Giorgi, the chief engraver at the Tientsin Mint. The L&M-67 patterns include “L. GIORGI” on the obverse behind Yuan’s shoulder.

 

“Of the more than 3 million Chinese coins that NGC has certified, this is certainly one of the most prestigious,” said Mark Salzberg, NGC Chairman and Grading Finalizer. “For rarities like this one, collectors find NGC’s comprehensive guarantee of authenticity and grade to be especially appealing.”

 

This valuable vintage coin was submitted to NGC Shanghai Business Information Consulting Co., Ltd. (NGC Shanghai), the China affiliate of NGC. NGC Shanghai grades most vintage coins as well as nearly all modern coins on a full-time basis at its facility in Shanghai.

 

To learn more about submitting to NGC Shanghai, click here. For information about a special, limited-time discount for certain vintage Chinese coin submissions to NGC Shanghai, click here.

Source  :https://www.ngccoin.com/news/article/8407/ngc-certifies-rare-china-1914-giorgi-pattern/

finest example of a 1883-s Morgan dollar

STACK’S BOWERS AUGUST AUCTION TO FEATURE THE FINEST EXAMPLE OF AN 1883-S MORGAN DOLLAR

One of the finest known existing 1883-S Morgan Dollars will be offered during the Rarities Night of the Stack’s Bowers 2020 Las Vegas Auction. This rare Morgan Dollar is a surprising challenge to collectors in Mint State. The mintage of this coin was moderately large. At 6,250,000, the 1883-S is one of the few that saw active circulation dating back to the beginning of the 19th century.

 

While worn survivors are not hard to locate, Mint State coins are extremely rare and elusive in today’s market. With only about 100 coins known, the issue becomes incredibly scarce in Gem. These coins at the Superb level are essentially unobtainable. Even rarer is if the coin has any degree of proof like contrast. The 1883-S Morgan Dollar that will be at the August 2020 Las Vegas Auction, lot 1230, is the sole finest graded coin and is certified MS-67 + PL (PCGS).

 

To trace back the history of the coin, we start 116 years ago with the Chapman brothers’ sale of the legendary John G. Mills Collection in April 1904. The coin was described as “uncirculated, with Proof surfaces” in lot 767. It was then sold for $2.25 to John M. Clapp. The next time the coin appeared at auction was 93 years later. In April 1997, it was offered as lot 2265 in the Louis E. Eliasberg, Sr. Collection, Part II. At the time, the coin was described as “one of the most important Morgan dollars to come to market in our generation.”

 

Twenty-five years later, the same assertion is being made of this coin. This 1883-S Morgan Dollar sits at the top of the PCGS Population Report across all categories.

 

This is the pinnacle of execution and preservation in the coin industry. The coin has a stark proof like reflectivity is seen in the fields of both sides, framing the satiny, radiant devices. Under magnification, every element is complexly defined and virtually pristine.

 

The sale will be available for bidding and viewing at the Stack’s Bowers website. To secure a copy of the printed catalog, please contact Stack’s Bowers.

 

Source: https://coinweek.com/auctions-news/finest-known-1883-s-morgan-dollar-in-stacks-bowers-august-auction/ 

 

counterfeit coin warning

Beware of Counterfeit Coins: Counterfeiters Attempt Sale of Fake $300,000 Gold Coin

Whenever buying and selling coins, it is always recommended to be aware of potential counterfeits or fake items. With fake coins becoming more prevalent in the industry, it is crucial to have experience when dealing with high priced items.

 

According to Doug Davis, Director of the ACEF Anti-Counterfeiting Task Force (ACTF), “well-made fakes are flooding the U.S. marketplace and the integrity of the numismatic community is under attack”.

One such case is when an 1879 Coiled Hair gold $4 “Stella” was listed for $300,000 at auction last year. Several members of the coin community were suspicious of this auction listing.

 

This bogus Stella coin was housed in a counterfeit Numismatic Guaranty Corporation (NGC) holder. It had a fake insert label containing the same NGC PR63 grade and certification as the original, genuine coin.

 

Ryan Moretti of Orange County, California is the senior numismatist for Colorado-based American Rarities. Moretti was contacted by the individual attempting to sell several high-priced coins allegedly in NGC holders. This includes the previously mentioned 1879 $4 Stella, of which only a dozen genuine examples are known. The individual who contacted Moretti also offered a 1793 AMERICA Chain cent, an NGC VF20; an 1800 Draped Bust dollar, an NGC AU58; and an 1871-CC Seated Liberty dollar, NGC AU55. The attempted sale of these items was around $400,000 worth of counterfeit coins.

 

Based on his years of experience as a professional numismatist, Moretti concluded that the coins were counterfeit and that the NGC holders were false. As soon as Moretti became suspicious of potential counterfeit coins, he alerted the detectives at the Irvine, California Police Department. Upon an investigation by authorities, Moretti’s suspicions were confirmed.

 

Once the counterfeit coin evidence was turned over to authorities, detectives were able to confirm that they were fake. When ACTF agents alerted the Minnesota Department of Commerce and U.S. Treasury OIG, the coins were seized, and a joint investigation was launched.

 

When the suspected counterfeit seller’s name was entered into the ACTF crime and intelligence database, the suspect was linked to another case. In this other case, the suspect attempted to sell counterfeit coins to a Minnesota based dealer back in December of 2019. According to Davis, “the seller of these counterfeits is on our radar and we’re after him no matter how long it takes.”

Meanwhile, the fake coins have been removed from the market.

 

At this point, federal and local investigators are reviewing both cases in Minnesota and California to determine the appropriate jurisdiction to start prosecution against the suspect. The suspect could face charges related to possession and distribution of counterfeit coins with the intent to defraud buyers.

Davis warns that “these recent cases spotlight the significant technological advancements of counterfeiters and their agents as well as the all-too-easy availability for the sale of fake coins and precious metals housed in counterfeit third-party authentication and grading holders.”

 

“The Anti-Counterfeiting Educational Foundation (ACEF) and its Anti-Counterfeiting Task Force will continue its vigorous commitment to protecting the numismatic profession and collectors from adversaries who manufacture and sell counterfeit coins and precious metals. And, we’ll continue to educate the public to encourage them to only work with reputable dealers,” said Davis.

 

For more information or to support the Anti-Counterfeiting Educational Foundation, please visit their website. If you would like to support the ACEF, it is a 501(c)(3) corporation and any donations are tax-deductible.

The ACEF can be contacted at:

28441 Rancho California Road, Suite 106

Temecula, CA 92590

Phone: (951)587-8300

www.acefonline.org.

Source : https://coinweek.com/counterfeits/anti-counterfeiting-attempt-made-to-sell-fake-300000-gold-coin/