Volume 52 – #20

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Volume 52#20

January 13 – January 26, 2015

Alice Munro recited a passage from The View from Castle Rock at the Royal Canadian Mint’s launch of a silver collector coin celebrating her Nobel Prize in literature.

Record sales, major discoveries kick off 2014

Silver sales, hoards, discoveries, and record sales were the tale of the first half of 2014. A year which also saw the Royal Canadian Mint continue its meteoric rise to a multi-billion dollar business. Silver prices started the year at $19.71 an ounce, about 36 per cent lower than the start of 2013. Even with lower prices, the market was strong, largely fuelled by the speculation that always surrounds silver. Bullion continued strong throughout the first part of the year. Bullion sales, combined with robust demand for collector coins, saw the Mint post higher revenue and profits than in 2013. Continue reading →

Mint sells a million eagles
Page 1
NCLT redemption letter leaked to CCN
Page 6
Beaver theme of latest face value offering
Page 22
Austria takes top coin award
Page 24
Maine scuttled, but the memory lives on
Page 26

CCN Trends
Focus on Canadian one-cent
Page 10
CCN Marketplace
Are you buying or selling?
Page 30
Show & Bourse
Check out the shows in your area
Page 33
Protect yourself with good information

While generalizations can be both risky and inaccurate, I would say this has been a good year in numismatics. The bullion market has remained a driving factor, while that market has cooled down a bit, the bottom hasn’t fallen out, and trading remains brisk. The lower values means that the RCM probably won’t have the sort of year it had in 2013, but it will still post a profit that is quite large. In fact, the numbers we look at now make it hard to believe that in the 1990s the corporation’s goal was to manage a profit of $10 million. Much of the RCM’s vitality comes from a powerful market for collector and gift coins, which the RCM calls numismatic to distinguish them from circulating coins.

Continue reading →

By Bret Evans
Ted Banning
The World of Money
ANA was a family affair for Montrealers
Page 4
Stanley Clute
Ancient Money
Prosperous Roman colonies issued local coinage
Page 8

Tim Grawey
Colonial Tokens
Canadian, Mexican pieces converge for unlikely mules
Page 16
John Regitko
Errors & Varieties
Coins with multiple errors rarely seen
Page 20

Peter Mosiondz, Jr.
Collecting 101
It was nice doing business with you ...
Page 22
Tony Hine
Canadian Key Dates
Silver dollar format offers designers large palette
Page 24

Lewis E. Tauber
Numismatic Collateral
Coin mystery traverses cultures, borders
Page 25
Carolyn Mullin
New Issues
Remembering Churchill
Page 29

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