Medal collectors: A treasure chest of new silver issues is coming from the United States Mint

Presidential Medals Start This Year; New Military Program to Begin Soon Medal collectors—you’re in for some treats! As a longtime collector and student of medallic art, I’m excited about two new programs announced in today’s meeting (Tuesday, January 16, 2018) of the Citizens Coinage Advisory Committee (CCAC). Ann Bailey, the Mint’s program manager for numismatics and […]

Confused over proposed tax legislation and like-kind exchanges?

There is some misinformation floating out around the dealer community intermingling “like-kind exchanges” and three different sections of the tax code (1031, 1099-b and bartering). The Industry Council for Tangible Assets (ICTA) has produced a white paper which goes into detail providing a comprehensive explanation of each section of the tax code. The purpose of […]

U.S. Mint’s response to members of Congress lacks commitment

Acting Deputy Director of the U.S. Mint David Motl’s November 17 response to an October 27 letter from U.S. Representatives Frank Lucas (R-OK) and Alex Mooney (R-WV) requesting information regarding the Mint’s efforts to combat the rising tide of counterfeit coins entering the United States lacks commitment. “While the Anti-Counterfeiting Task Force (ACTF) appreciates Acting […]

A response to increasing cyberattacks and wasteful spending: The Coins Act

In the wake of the devastating Equifax breach, which exposed the private financial information of an estimated 143 million Americans, lawmakers in Washington are scrambling for solutions to the increase in sophisticated cyberattacks targeting private citizens. Other attacks like the WannaCry ransomware attack of May 2017 affected almost a quarter of a million Windows users […]

American Legion, Basketball Hall of Fame commemoratives a step closer to realization

Two bills authorizing new commemorative coinage for 2019 and 2010 made their way forward in Congress last week. The first, H.R. 1235, is the “Naismith Memorial Basketball Hall of Fame Commemorative Coin Act,” which passed the House on September 25. A companion bill of the same name, S. 1503, was introduced in the Senate in June […]

Trump and the Fed: Changes may be coming

By Louis Golino Updated 9/16/17 to add a link to a quoted article from the Wharton School of Business. Most people know that a president able to appoint several Supreme Court justices during his tenure will have an impact on our country that far outlasts their presidency. However, presidents who have the chance to make […]

“Cents and Sensibility” Act reintroduced, aims to convert U.S. coinage entirely to steel composition

On April 6, Representative Steve Stivers (R-OH) reintroduced the Cents and Sensibility Act (H.R. 2067), which proposes “to save the American taxpayers money by immediately altering the metallic composition of the one-cent, five-cent, dime, and quarter-dollar coins, and for other purposes.” Cosponsored by Rep. Joyce Beatty (D-OH) and Rep. Pat Tiberi (R-OH), the act is […]

Collectors Called Upon to Support Apollo 11 Commemoratives

For the next few weeks, collectors and space-program enthusiasts are turning their attention to the Apollo 11 Moon landing, and its 50th anniversary in 2019. At issue is the passage of the Apollo 11 50th Anniversary Commemorative Coin Act. The manned Moon landing was a singular achievement for humankind, and one of the greatest moments in modern American history. […]

Newly Introduced: The “American Innovation $1 Coin Act”

On Wednesday, September 14, Representative James A. Himes introduced H.R. 6025, known as the “American Innovation $1 Coin Act.” If adopted, the act would authorize $1 numismatic coins whose designs recognize both American innovation in general and “significant innovation and pioneering efforts of [American] individuals or groups.” One coin would be released for each of the […]

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