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NEW HUNTINGTON COIN CLUB!

We had a blast!


Our first meeting of the River City Coin Club (RCCC) – November 9.

Not knowing who would show up, I was pleasantly surprised with the enthusiasm around our tables. Each of us had knowledge to share and each had the thirst to learn. We inspected and even bought and sold some coins to kick start our club’s treasury.

Most gratifying was the in-person interaction; discussing and sharing without a keyboard! Within a half hour of meeting some brand new buddies, we shared freely about all kinds of coin stuff.

The social hall of the Holy Spirit Orthodox Church is our club’s home. It’s spacious, modern, comfortable and welcoming.

Starting January our regular meeting schedule will begin: the second Thursday of every month at 7p. Look forward to educational sharing and presentations, a door prize, snacks. Each meeting’s highlight will be a coin auction!

Our next meeting will be Saturday December 16 at 4:30p.

Really really hope to see you there!

   

NGC recently received a fake 1972 Doubled Die Lincoln Cent, which is not something that we see often.

By Max SpiegelNumismatic ResearcherNGC

GENUINE 1972 Double Die Lincoln Cent – courtesy of Heritage Auctions.

There are a handful of varieties that are regularly seen faked, including the Philadelphia and Denver 1942/41 Mercury Dimes, the 1955 Doubled Die Cent, and the 1937-D Three-Legged Buffalo Nickel, though the latter is typically an alteration rather than an outright counterfeit. Counterfeits of other varieties are not particularly common, however, and can sometimes catch you off guard.

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Counterfeit 1972 Double Die Cent

NGC recently received a fake 1972 Doubled Die Cent, which is not something that we see often. There are actually several varieties of doubled die obverse 1972 cents, but the most popular is FS-101 because of the extremely pronounced doubling on the date and mottos. Many collect this doubled die as part of the regular series, and as of 5/21/12 NGC has graded nearly 2,000 examples. According to the NGC US Coin Price Guide, even a low grade example sells for a few hundred dollars.

Those familiar with the 1972 Doubled Die will be able to identify this counterfeit with ease. Instead of the bold doubling seen on genuine examples, this piece has weakly defined legends that blend into the fields. The surfaces also have a pockmarked appearance with raised lumps, particularly around IN GOD WE TRUST and the N in ONE. Familiarity with the look of genuine specimens certainly helps, but the soft details and raised areas on this piece are telltale signs that it is a counterfeit.

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Coin News

Compiled by Cecil Starcher Secretary

New Limited Edition Edition Proof Set priced at $139.95 and is NOT recommended. it contains the same silver coins already in the regular 2017 silver proof set plus the Congratulations 2017-S ASE. The silver content is only around $40.00. This set is destined to lose value from the selling price. It is a loser.

The United States Mint today published images of the 2017 $25 American Palladium Eagle, the first issue in a new annual series of American Eagle bullion coins. Earlier this week, the agency announced that it would launch the coin program on Sept. 25.

United States Mint pricing has been announced for the upcoming 2017 American Liberty Silver Medal Set. The set of four 1-ounce .999 fine silver medals will be $199.95, according to a U.S. Mint memo published today on the Federal Register, the official source of notices by government agencies and a daily journal of their proceedings.

The memo is dated Thursday, Sept. 7, when LBMA silver was $17.79 an ounce, which indicates the Mint at that time was comfortable with a premium over spot of $32.20 per medal.

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