Numismatic News
Obama proposes Coin Composition Changes in 2011 Budget
Thursday, February 4, 2010
Extract from the Barack Obama Proposed 2011 Budget
The Budget enables the Department of the Treasury to explore, analyze, and approve new, less expensive materials for all circulating coins based on factors that will result in the highest quality of coin production at the most cost-effective price. Such factors may include physical, chemical, metallurgical and technical characteristics; material, fabrication, minting, and distribution costs; materials availability and sources of raw materials; durability; effects on sorting, handling, packaging and vending machines; and resistance to counterfeiting.
Coin of the Year winner
Wednesday, February 3, 2010
Latvia wins the 2010 Coin of the Year (COTY) Award and Hungary takes home the People’s Choice Award.
I would like to congratulate the winners from both rounds of voting. What makes the results especially interesting is this is the third time Hungary has won the People’s Choice Award.
- Scott Tappa, World Coin News Publisher
The COTY winner was chosen in two rounds of voting. The first determined the winners of 10 categories and the second round chose the Coin of the Year from those 10 initial winners.
The new Coin of the Year topped the Best Gold category. It is a 20 lati issued by the Bank of Latvia. It marks the 15th anniversary of the renewal of the lats currency after Latvia regained independence from the old Soviet Union. The original design was created in 1922 by Teodors Zalkalns but never used.
Winner by categorie :
- Popular Coin : USA - One Ounce silver, American Eagle
- Trade Coin : Cyprus - 2 Euro, bimetallic, Ancient Statue Cross
- Historic Coin : Kazakhstan - 100 Tenge silver, Genghis Khan
- Contemporary Event Coine : Israel - 10 New Shekel silver, Israel's Sixtieth Anniversary
- Silver Coin : Germany - 10 Euros, Franz Kafka
- Crown Coin : Austria - 10 Euro silver, The Abby of Klosterneuburg
- Artistic Coin : Poland - 200 Zlotych gold, Warsaw Ghetto Uprising
- Innovative Coin : Austria - 25 Euros silver, Fascination Light
- Inspirational Coin : Canada - 2500 Dollars gold, Towards Confederation
Prices increased at the Mint
Friday, January 22, 2010
Starting January 31, 2010, all prices in the shop of the Royal Canadian Mint will be increased, except those coins and gift items for winter Olympics 2010 in Vancouver.
