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Understand the Basics to Cryptocurrencies like Bitcoin and Ethereum

The rapid rise in the price of bitcoin and other cryptocurrencies has attracted the attention of investors, financial companies, regulators, and the media alike. While many have had their interest piqued, it can be challenging to understand the basics of bitcoin and other cryptocurrencies. There are a few reasons for that. First, there is a […]

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lathe rings on lincoln cent

What are Lathe Rings?

Lathe Rings Definition: These concentric rings are produced by a lathe which shapes the cone-shaped face of the unfinished working die.  The cone is supposed to be polished smooth before hubbing. If polishing is omitted or inadequate, the surface will remain covered by concentric lathe marks which will not be erased by subsequent hubbing. Concentric rings can be seen

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circle mark on coin

What are those circles on your coins?

Definition: Tiny raised circles, semicircles, and occasionally spirals that are most often found in or near the center of the design.  The imperfections can be found on either face.  First recognized in 2004 cents, these die imperfections have now been found as far back as a 1965 cent and as recently as a 2015 nickel.  Other examples

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gold

Gold Price and Silver Price at Higher Levels

Gold Price and Silver Price Gold and silver prices settled higher on Wednesday for the first time in five sessions but then turned down in electronic trade after the FOMC announced an interest rates increase. Gold for August delivery gained $7.30, or 0.6%, to settle at$1,275.90 an ounce on the Comex division of the New

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Coin News

American Coins May Have BIG Changes Soon

CHANGES IN US MINT Two new pieces of legislation have been introduced (in one instance, reintroduced) to Congress that seek to alter the landscape of our nation’s circulating coinage. COINS Act of 2017 Republican Senators John McCain (AZ) and Michael Enzi (WY) introduced the Currency Optimization, Innovation, and National Savings (COINS) Act of 2017 (S.

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Effigy Mounds National Monument Quarter Photos

Early on Monday, Feb. 6, the quarter commemorating the site gets released into general circulation by the Federal Reserve. Then, later on the same day at noon ET, the public can start buying rolls and bags Effigy Mounds quarters directly from the U.S. Mint. Finally, on Tuesday, Feb. 7, the National Park Service and the

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