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Becoming an Expert Coin Collector Right Now Handbook
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Challenge-Coins

During you will see abundance diverse types of coins challenge coins are very special coins that are taken to service personnel as a way of building their moral and enforcing the image of the entire unit being in the rear every last plus, and supporting the various people in the unit.

The tradition of challenge coins began at the same time the First World War. During this time thousand volunteers assembled the United States Army Air Service which was the forerunner to the US Air Virulence. One of the service lieutenants ordered miniature, hard bronze medallions or coins to be made. These coins were then presented to the members of his squadron. As one of his squadron mates had never owned anything as valuable as this coin he placed the coin in a leather pouch which he hung near upon his neck.

When this serviceman was captured by the Germans all of his personal belongings were confiscated. The only item to escape their detection was the challenge coin which was still hanging around his neck. When the army air vitality man escaped from the Germans he was thereafter captured by the French who mistook him for a German as he was wearing one of their uniforms. Just before the end service man was about to be executed he showed the challenge coin to a French officer hopefully that his country of origin would be proven.

When he returned back home and recounted his tale the coin was called a challenge coin and plus of these challenge coins were minted. These challenge coins were far into the night adopted by all branches of the military. From the legend of this coin a new way of using the coin was adopted. This is where the challenge coins tradition was born.

In this tradition the challenge coins are taken to boost moral and lets the various personal see if their unit mates are wearing their challenge coins. When one service personnel member meets plus and demands the challenge coin to be produced, the challenged person has to produce the coin.

The failure to produce the challenge coin means that a round of drinks has to be bought for everyone who is present at the challenge. The other opinion on this if there is a group of folks who have been challenged and they produce their challenge coins the challenger has to buy everyone a round of drinks. As you see, from the beginnings of the challenge coins to the present day, these coins represent the steadfast tradition of military honor and loyalty.






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Coin Collecting News
US Collector Coin Sales - July 3

Proof sets were the biggest winner in the latest round of US Mint collector coin sales figures. Sales of the 18-coin clad sets leaped by 106,987. It was the strongest showing after the initial launch days. 684,412 have now been purchased in 28 days.

Ancients and World Coins & Paper Money in Official ANA Auction - Coin News

A wide selection of rare ancient and world coins will be offered in Bowers and Merena's Official Auction of the American Numismatic Association World's Fair of Money® at the Los Angeles Convention Center and online, August 2-8, 2009. Ponterio & Associates, Inc., a division of Bowers and Merena, will present the world sessions on Saturday, August 8.

Tyler First Spouse Gold Coins Released - Coin News

The US Mint on Thursday launched the 2009 Letitia Tyler First Spouse Gold Coins. The 24-karat, $10 denominated commemoratives are available in two options - proof for the price of $629 and uncirculated for $616. A bronze medal bearing a likeness of the gold coins is also available for $3.50.

NCA RECOVERS NEARLY $900,000 FOR COIN CONSUMERS : Coin Collecting News
CoinLink

A consumer watchdog organization has recovered nearly $900,000 for buyers who paid far more for coins than they were worth. The money represented full refunds in 16 recent disputes, according to the New Jersey-based not-for-profit group, the Numismatic Consumer Alliance, Inc. (NCA).

Collateral Finance Corporation Renewed as Official Numismatic Lender of ANA
CoinLink

Spectrum Group International, Inc. announced that the American Numismatic Association has renewed Spectrum's Collateral Finance Corporation contract as the exclusive official numismatic lender of the ANA until 2011.

Three 1876-CC Twenty Cent Coins Sell in Spring 2009;(Part 2 - Rarity, Quality & Condition Rankings)
By Greg Reynolds for CoinLink

The 1876-CC (Carson City, Nevada) Twenty Cent piece is the rarest date of this short lived denomination, and it is a famous Great Rarity. In a Sept. 2008 article on CoinLink, I tentatively estimated that between eighteen and twenty-six exist. As a result of further research, I am changing my estimate to a range of fifteen to nineteen, which is in line with estimates put forth by a few other researchers.

How One Dealer Prices Rare Coins - Doug Winter : Coin Collecting News
Posted on CoinLink

Continuing our mini-series on Coin Prices, This Article by Doug Winter appeared on www.RareGoldCoins.com - Editor I've been asked a few times recently how I price the coins that appear for sale on my website.

COIN PRICING GUIDES - Commentary by Laura Sperber : Coin Collecting News
CoinLink

The Following is from Legend Numismatics Hot Topics, A Commentary by Laura Sperber - Editor...There are so many issues that need work on. Coin pricing guides are in my sights right now. Before I begin this article, I must make sure everyone realizes the value of a coin is determined by its QUALITY,RARITY, DEMAND, AND SUPPLY-NOT whats written in a price guide.

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MSN Shopping: Results for Collectible Coins
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Lincoln Cent Coin Collection Spans 1909-2009! Includes 4 Redesigns of Lincoln Penny in Brilliant, Uncirculated Condition! - No other coin in United States history has had the historic significance of the Lincoln Penny. Now, a Lincoln Cents...
2006 Silver Benjamin Franklin Scientist Commemorative Dollar PF70UC - $299.98
In 2006, the United States honored Benjamin Franklin's birth 300 years before with this Scientist themed dollar. This is part of the modern Silver Commemorative series released from the United States Mint over the last 22 years. This coin...
2009 Louis Braille Bicentennial Commemorative Proof Silver Dollar PF69UC NGC - $100.00
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2007 Early Release $5 Gold American Eagle Coin NGC MS70 - $402.00
In 2006, the United States Mint introduced a collectible, un-circulated version of the popular gold, silver and platinum American Eagle Coins. All three of the American Eagle Un-circulated Coins carry the same stunning designs found on...
2005-P Chief Justice John Marshall Commemorative Silver Dollar PF70 UC NGC - on sale at $299.98
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1964-2008 P & D Kennedy Half Dollar 82-Coin Set - $399.95
Honor one of our nation's most popular and controversial presidents with the 1964-2008 P & D Kennedy Half Dollar 82-Coin Set. You receive every Kennedy half dollar ever struck from both the Philadelphia and Denver mints in Brilliant...
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