The government and treasury of the British Virgin Islands have issued (8th August) new collector crown coins which mark the 400th anniversary of the death of Sir Walter Raleigh (1554–1618) — a writer, poet, courtier, and explorer who is considered ...

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British Virgin Islands: New coin commemorates the 400th anniversary of the death of Sir Walter Raleigh and more...

British Virgin Islands: New coin commemorates the 400th anniversary of the death of Sir Walter Raleigh

The government and treasury of the British Virgin Islands have issued (8th August) new collector crown coins which mark the 400th anniversary of the death of Sir Walter Raleigh (1554–1618) — a writer, poet, courtier, and explorer who is considered by many as the pivotal force which encouraged the settlement of North America by the English, after being granted a royal patent to explore the New World. Raliegh explored the soon-to-be colony of Virginia, which paved the way for future English settlements all along what became the Eastern Seaboard of North America.

Sir Walter Raleigh was an English gentleman born in the county of Devon as the son of Walter Raleigh senior and Catherine Champernowne into a Protestant family. Although little is known of his early life, it is known that he spent some time as a soldier in Ireland and took part in the suppression of rebellions, participating in the Siege of Smerwick in 1580.

Within a short period, Raleigh would become one of the most...

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U.S. Mint sales report: Week ending August 12, 2018

This U.S. Mint numismatic sales report covers the week ending August 12, 2018. The Mint’s best-selling product this week was once again the 2018 San Francisco Silver Reverse Proof Set (18XC), which sold 9,503 units. In second place was again the 2018 U.S. Mint Proof Set (18RG), which sold 3,890 units. The third best-selling item this week was the 2018 American Silver Eagle one-ounce Proof coin (18EA), with 2,193 sold. It’s followed by the 2018 U.S. Mint Silver Proof Set (18RH), with 2,151 individual units sold; and the 2018 U.S. Mint Uncirculated Coin Set (18RJ), with 1,994 sold.

This week saw no downward adjustments.

Last week, the Mint released the 2018 American Eagle one-ounce silver Proof coin (18EM) on August 14, while the George Washington and John Adams presidential silver medals (S801 and S802) were released on August 16. Additionally, a limited number of World War I silver dollar and medal sets are now available for purchase.

The following are the U.S. Mint’s...

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Numismatic Literary Guild 2018 award winners

The Numismatic Literary Guild (NLG), a nonprofit organization composed of editors, authors, writers, bloggers, and content producers who cover news and feature stories about all forms of money, medals, and tokens as collectibles, presented its annual awards for 2018 on Thursday, August 16, in Philadelphia. This year marked NLG’s 50th anniversary.

For information about the NLG, please click here. A membership application is available online.

To be eligible for consideration in any of the 2018 Numismatic Literary Guild award categories, entries must have been published, released, or posted on the Internet between May 1, 2017, and April 30, 2018.

These are the 2018 winners:

BOOK OF THE YEAR

Saint-Gaudens Double Eagles as Illustrated by the Phillip H. Morse & Stephen Duckor Collections

Roger Burdette

BEST U.S. COIN BOOK

Saint-Gaudens Double Eagles as Illustrated by the Phillip H. Morse & Stephen Duckor Collections

Roger Burdette

BEST PRE-1500 WORLD COIN BOOK

...

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Heritage Auctions 2018 World’s Fair of Money preview: U.S. coins

The ANA­ World’s Fair of Money is traditionally among the largest coin shows organized in the United States. This year, it is being held in Philadelphia, PA, from August 14 to 18. The same week sees a large number of coin auctions being held, offering a wide variety of numismatic items by various companies. We have covered several of the auctions by Stack’s Bowers in other preview articles; in this one, we will take a look at some of the most interesting (from a historical and value perspective) items in the various U.S. coin sessions offered by Heritage Auctions. All lots discussed in this article, as well as the lots in their various floor and online sessions, can be viewed in detail on their website.

The first lot that we will take a look at certainly classifies as one of the most historical in the auction. It was the favorite coin of Eric P. Newman, the famous numismatist who passed away last year at the age of 106. He acquired the coin in 1942, and it has been off the market...

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The 1792 gold piece that might have once jingled in George Washington’s pocket sold for $1.74 million in Philadelphia

Offered in first public auction since 1890; all net proceeds donated to charity

Philadelphia, Pennsylvania (August 16, 2018) — A one-of-a-kind 1792 gold coin believed by its previous owner to have once been a cherished memento of U.S. President George Washington sold for $1,740,000 Thursday, August 16, in Philadelphia by Heritage Auctions. This is the first time the 1792 $10 Washington President gold eagle pattern coin appeared at public auction since 1890; 100 percent of the net proceeds will benefit charitable causes.

It also holds the historic distinction as the earliest gold pattern coin submitted for consideration as a United States coin. “Numismatic researchers widely agree it is one of the most important coins in American history,” said Jim Halperin, Co-Founder of Heritage Auctions.

Since 1792, the coin has been owned by just eight elite numismatists, who traded it privately for 128 years. Prominent collector and author Eric P. Newman acquired the coin in 1942, and it...

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