The Mint of Finland have issued their last coin in the popular “Presidents of Finland” series, which included eight coins featuring past and deceased presidents of the country since it gained independence in 1917. In addition, the series is issued ...

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Finland: Presidents Series concludes with new Kekkonen coin and more...

Finland: Presidents Series concludes with new Kekkonen coin

The Mint of Finland have issued their last coin in the popular “Presidents of Finland” series, which included eight coins featuring past and deceased presidents of the country since it gained independence in 1917. In addition, the series is issued as part of the national centenary celebrations in Finland for 2017. The last coin in the series features H.E. Urho Kaleva Kekkonen (1900–1986), Finland’s eighth president, who served from 1956 to 1981. At 25 years as president, he was the country’s longest-serving head of state. Kekkonen’s long tenure as president took the country from being an emerging, agriculturally oriented economy to a modern economic success story. Kekkonen also followed a strict policy of political international neutrality which colloquially defined “Finlandisation” to mean “domination by Soviet intrigue.” The eighth president sought to change this definition to “a policy of independence and neutrality.”

The bi-metallic collector coin is...

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New board of governors for the ANA

The World’s Fair of Money saw the installation of the newly elected ANA board of governors on August 4. Voting members of the association chose a new president, Gary Adkins, and vice president, Don Kagin, as well as three new board members: Thomas Uram, John Highfill, and Brian Hendelson. They will be joining Col. Steve Ellsworth, Dr. Ralph Ross, Greg Lyon, and Paul Montgomery for a two-year term. Outgoing president Jeff Garrett will serve as a non-voting, ex officio member of the board. Governor Walt Ostromecki reached his term limit, and Tom Mulvaney did not seek re-election.

The American Numismatic Association is a congressionally chartered nonprofit educational organization dedicated to encouraging people to study and collect money and other related items. The ANA helps its 25,000 members and the public discover and explore the world of money through its vast array of educational and outreach programs in addition to its museum, library, publications, conventions, and...

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U.S. Mint sales report: Week ending August 20, 2017

This report covers the week ending August 20, 2017, and includes a summary of the previous month’s weekly sales.

The Mint had no new releases during this sales period, and no earlier items have been newly added to the report. The top-selling Mint product this week was the 2017 Proof Set (17RG), which sold 6,375 units. In second place was the 2017 Uncirculated Set (17RJ), with 4,943 sold. It was followed by the 2017 Silver Proof Set (17RH), selling 3,547 units; the 2017 American Eagle 1-ounce silver Proof coin (17EA), with 1,917 units; and the 2017 America the Beautiful Quarters Proof Set (17AP), with 1,305 units.

The 225th Anniversary Enhanced Uncirculated Set (17XC), released August 1, nets a negative figure for the first time this week: -12,037. The 2017 American Eagle platinum Proof coin (17EJ), released July 6, had a net negative figure of -181. Limited to a mintage of 10,000, the 2017 APE Proof is nearing sold-out status, with 31 remaining as of August 22. There were no other...

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Falkland Islands: Patagonian toothfish features on Falklands’ first titanium coin

The government and treasury of the Falkland Islands have issued (16th August) new coins which recognize 30 years of work conducted by the Falkland Islands Fisheries Department (FIS) to help maintain fish populations around the islands. This official body, responsible for the sustainable development of fisheries in the Falklands, was established in 1987.

Featured on the new coin is the Patagonian toothfish (Dissostichus eleginoides), which is a species of cod found in icy cold waters, primarily in the Southern Hemisphere, at depths of 45 to 3,850 metres (148 to 12,600 feet).

Patagonian toothfish can grow very large and can weigh up to 100 kilograms (220 pounds) and reach 2.3 metres (90 inches) in length, although this is quite rare. It is estimated that they can live for up 50 years and sustain themselves by feeding on squid, small fish, prawns, and crabs. The Patagonian toothfish is widely commercially fished; however, its name is deemed to be unattractive to consumers. In 1977, a...

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Fort Knox opened to civilians for the first time in 40 years

The following is a re-post from Coin Update’s sister site Mint News Blog.

For much of the country, yesterday was “eclipse day.” But at Fort Knox, the big yellow wasn’t being covered up—it was being revealed: for the first time in 40 years, the U.S. Bullion Depository there was opened to civilians.

The Washington Examiner reported that yesterday (August 21), at the behest of the treasury secretary, Steve Mnuchin, the depository was to be opened to a delegation of politicians. The Washington Post later reported that the party included Mnuchin, Senate Majority Leader Mitch McConnell, U.S. Representative Brett Guthrie (R-KY), Kentucky’s governor, Matt Bevin, and several journalists.

McConnell said that the idea of visiting the $186 billion in gold assets “just kind of came up as a result of a casual conversation.” He declined to say much about the visit because of security concerns. Governor Bevin, in an interview on Louisville’s WHAS radio (840 AM), described the...

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