DOCSLIB.ORG

August 2017 – US Government Declares War on the US Dollar!

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
August 2017 – US Government Declares War on the US Dollar! August 2017, Volume 23 Issue 8 Liberty Coin Service’s Monthly Review of Precious Metals and Numismatics August 8, 2017 US Government Declares War On The US Dollar! "I like a dollar that's not too strong. I 2017 Year To Date Results Denmark Krone -10.4% mean, I've seen strong dollars. And Through August 8, 2017 Euro -10.5% Mexico Peso -13.9% frankly, other than the fact that it Precious Metals U.S. Dollar Index 93.52 -8.6% sounds good, lots of bad things hap- Palladium +32.4% pen with a strong dollar. And I do like Gold +9.3% US And World Stock Market Indices low interest rates. I mean, you know, Platinum +8.1% NASDAQ +18.3% Silver +3.0% Dow Jones World (excluding US) +17.2% I'm not making that a big secret. I Numismatics Sao Paulo Bovespa +12.7% think low interest rates are good." — Dow Jones Industrial Average +11.8% US President Donald Trump in an inter- US MS-63 $20 Liberty +7.1% US MS-63 $20 St Gaudens +6.4% S&P 500 +10.6% view last week US MS-65 Morgan Dollar, Pre-1921 -4.9% Frankfurt Xetra DAX +7.1% Shanghai Composite +5.7% Last Wednesday, US President US Dollar vs Foreign Currencies London FT 100 +5.6% Trump signed into law a bill establish- Argentine Peso +11.5% Nikkei 225 +4.6% ing economic sanctions on Russia, Philippines Peso +2.0% Russell 2000 +3.9% Iran, and North Korea. Hong Kong Dollar +0.9% Australia S&P/ASX 200 +1.4% Colombia Peso -0.2% More appropriately, it could be de- Indonesia Rupiah -1.6% 10 Year US Treasury Note interest rate scribed as declaring war, at least eco- 2.282% -6.7% Russia Ruble -2.4% nomically, on these and other nations. Chile Peso -3.1% Energy and Other Metals Why other nations? That is because China Yuan -3.2% Cobalt +74.3% the sanctions will impact businesses in Peru New Sol -3.3% Lead +18.4% countries that engage in trade with South Africa Rand -3.4% Copper +15.7% Brazil Real -3.9% Aluminum +15.6% Russian enterprises. Germany, for in- Switzerland Franc -4.4% Zinc +12.0% stance, is highly dependent on Russian Malaysia Ringgit -4.6% Molybdenum +5.1% natural gas. Therefore, these sanctions Great Britain Pound -5.0% Nickel +2.7% could damage the German economy New Zealand Dollar -5.5% Tin -2.1% along with other European allies of the Japan Yen -5.7% Crude Oil, Brent -6.5% US government.. Singapore Dollar -5.8% Natural gas, Henry Hub -24.7% Canada Dollar -5.8% This new law has even worse impli- Israel Shekel -6.2% Metal Content Value Of U.S. Coins cations. For instance, Russian Prime India Rupee -6.3% Lincoln cent, 1959-1982 1.92¢ Minister Dmitry Medvedev said, “the South Korea Won -6.5% Lincoln cent, 1982-date 0.74¢ signing of new sanctions on Russia by Taiwan Dollar -7.0% Jefferson nickel, non-silver 3.67¢ the president leads to several conse- Thailand Baht -7.1% Roosevelt dime, 1965-date 1.67¢ Australia Dollar -9.0% Washington quarter, 1965-date 4.16¢ quences. First, any hope of improving Sweden Krona -10.2% Kennedy half dollar, 1971-date 8.33¢ our relations with the new US admin- istration is over. Second, the US just both chambers of Congress with veto- declared a full-fledged trade war with At one time, well over 90% of all interna- proof almost unanimous support. tional commerce was priced using US dol- Russia. Third, the Trump administra- Does any politician or bureaucrat in tion demonstrated it is utterly power- lars and paid in that currency. The Society Washington, DC have any idea of what for Worldwide Interbank Financial Tele- less, and in the most humiliating man- will happen should these sanctions actu- ner transferred executive powers to communications (SWIFT) is technically a ally have any impact on Russia, Iran, or Belgium-based system to facilitate interna- Congress.” North Korea? Did you realize that, in this new law, tional transaction payments. However, in I don’t think so. practice it is dominated by the US govern- Congress has taken from the executive Effectively, enacting this law indi- branch the authority to recognize for- ment as a way to maintain the use of the US cates that the US government has now dollar as the linchpin of international com- eign governments? declared war against the US dollar! Although President Trump acknowl- merce. edged that the law contained “serious unconstitutional provisions,” he Inside this issue: The Prospect Of Military Conflict page 3 signed the bill because it had passed US Mint To Issue Palladium Eagles Soon page 4 LCS’s Heller Honored 3 Times In Denver page 4 (Continued from page 1) rencies other than the US dollar for pricing Patrick A. Heller’s Upcoming Speeches For instance, after the US Senate and paying for international transactions. and Appearances Banking Committee approved sanc- The best information I have is that there is tions against Iran in February 2012, currently about $12 trillion of US Treasury September 28, 2017, Livonia, Michigan, the SWIFT system disconnected all debt and dollars held by foreigners. This ex- Michigan Treasure Hunters meeting. Iranian banks that had been found in ported debt and currency reduces the US gov- “The Rise And Fall Of Rome’s Money, violation of US and European Union ernment’s budget deficit by at least $100 bil- And What It Means For American To- day.” Meeting starts at 7:00 PM at the sanctions. After the 2016 agreement lion per year. Holy Cross Lutheran Church, 30650 Six worked out with the Iranian govern- To the extent that the newly imposed sanc- Mile Road in Livonia. Guests are wel- ment, Iran’s banks were all re- tions have any impact, there will be multiple come at no charge. connected to SWIFT. kinds of damage inflicted to the US economy. Also, among the documents re- 1. Foreigners will likely be less willing to November 24-26, 2017, Warren, Michi- leased by Edward Snowden, it was trade with US entities. Those that do gan, Michigan State Numismatic Socie- revealed that the US National Secu- are more likely to refuse to price con- ty Fall Convention. Topic and time to be rity Agency (NSA) widely monitors tracts in US dollars or use them for set- determined. Macomb County Community SWIFT banking and credit card tling payments. College South Campus Building P, 14500 transactions. 2. The US dollars and Treasury debt that East 12 Mile Road in Warren. No charge China has already been aggressive- are no longer needed to facilitate inter- to attend presentation but there may be a ly expanding its alternative interna- national commerce will be repatriated charge to non-MSNS members who wish to enter the separate bourse floor. tional payments system that specifi- to the US government. In return, the cally excludes the use of the US dol- foreigners will expect to receive goods For more information on any event or to lar. With this new US law, their ef- and services or ownership of US busi- arrange for a presentation at schools, sen- forts are certain to attract more coop- nesses or real estate. ior citizen groups, Scout organizations, eration. 3. The federal government’s budget defi- fraternal or business organizations, call India and China had been sending cit will increase. However, foreigners 800-933-4720 or email gold to Iran to pay for oil, as those will be less willing to finance them, [email protected]. nations could not use the SWIFT which will push up the interest rate system to send payments for four paid by the US government to find al- and local governments in the state. The years. ternative creditors. committee released its report on July 18 As of now, depending on who you In other words, the US government will suf- (posted online at http:// ask, the use of US dollars in interna- fer a major financial hit as will the US dollar. www.michigan.gov/documents/snyder/ tional commerce is down to some- In turn, that will also hurt the US economy. R3_Task_Force_Report_579101_7.pdf. where between 60% to 80% of all I repeat: Effectively, the law enacted last ). In it is the disclosure that these gov- volume. week represents the US government de- ernments, that pretended to have bal- When foreign governments, central claring war on the US dollar. ance budgets over time, had a combined banks, and businesses have to hold The US government, economy, and dollar net present value of unfunded liabilities US dollars in order to conduct inter- were already going to get clobbered as the of $17.6 billion. national transactions, that effectively massive amounts of government unfunded li- Normally, such a committee would turns into interest-free or low interest abilities for employee pensions and retiree be charged with proposing solutions loans to the US government, which health care benefits are going to finally be of- to this massive financial crisis. Alt- helps subsidize budget deficits. For- ficially disclosed starting about the beginning hough the report does include four eigners seek to obtain US dollars and of this month. The new sanctions law passed recommendations on page 4, none of supply goods and services in return. last week will simply accelerate the decline of them offer suggestions on how to With the law passed a week ago, it the US dollar. manage the growing liabilities. is virtually guaranteed that that other Government Unfunded Liabili- Two of the recommendations propose countries, including those considered more detailed financial disclosure of the American allies, will have a much ties Gaining Greater Media Cov- unfunded liabilities.
Load more

Recommended publications
  • External Forces, Internal Strength
    ROYAL CANADIAN MINT ANNUAL REPORT 2006 External Forces, Internal Strength Metal values skyrocketed. Retail activity drove unparalleled demand for circulation coinage. And all this just as the Mint hit its stride on an ambitious business-growth path. 2006 was a year of adaptation, resilience, agile management— and profit. Table of contents Financial and operating highlights 3 The Mint at a glance 4 Message from the President and CEO 14 Message from the Chairman 15 Corporate Governance 16 Performance against objectives 20 Directors and Officers 22 Management’s discussion and analysis 23 Statistics 41 Consolidated financial statements 47 Notes to consolidated financial statements 53 Head Office and Ottawa Plant Winnipeg Plant Royal Canadian Mint Royal Canadian Mint 320 Sussex Drive 520 Lagimodière Blvd. Ottawa, Ontario Winnipeg, Manitoba Canada K1A 0G8 Canada R2J 3E7 613-993-3500 204-983-6400 www.mint.ca Printed in Canada Financial and operating highlights 2006 2005 % change Key financial highlights (in millions of dollars) Revenue 493.9 435.9 13.3 Net income before income tax 16.0 13.2 21.2 Net income 11.2 8.7 28.7 Total assets 209.7 195.9 7.0 Capital expenditures 19.9 34.3 (42.0) Cash flow from operating activities 36.7 (10.6) 446.2 Key operating highlights Circulation coins produced (in millions of pieces) 2,237.1 1,519.5 47.2 Gold bullion sales (in thousands of ounces) 296.1 329.3 (10.1) Number of employees (at December 31) 773 732 5.6 Gross profit 101.7 93.2 9.1 Value-added sales revenue per employee (in thousands of dollars) 184.0
    [Show full text]
  • Precious Metals Quarterly
    Summer 2013 Precious Metals Quarterly An Insider Report for Clients of Independent Living Bullion Capitalize on Swings in the Gold:Silver Ratio BY SETH VAN BROCKLIN Contributing Editor, Independent Living s precious metals prices look to recover this summer from the damage done in the spring, the $GOLD:$SILVER CME/CME © StockCharts.com A 12-June-2013 Close 64.05 Volume 3 Chg +0.12 (-0.19%) $GOLD:$SILVER (Weekly) 85 groundwork may be laid for a new multi-year cyclical 80 leg higher. Investors can use this period to position 75 70 themselves to get the most bang for their depreciating 64.05 60 buck without assuming undue risk. 55 50 In an up-move for the metals as a group, silver can be 45 expected to outperform gold. Silver, owned in physical 40 form, can deliver outsized returns with less risk than 35 precious metals mining stocks or any of the various derivative and leveraged methods of ownership. 2005 2006 2007 2008 2009 2010 2011 2012 2013 Why favor silver over gold? Let’s look at the recent even suggested that for those inclined to trade, they had history of the gold:silver ratio. Gold traded as high as an opportunity to swap out of silver and into gold – 85 times the prices of silver in late 2008. From there, with the aim of being able to switch the gold back into silver staged a massive rally, outperforming gold, and silver when silver got relatively cheaper versus gold. narrowing the gold:silver ratio to 32:1 by late April 2011.
    [Show full text]
  • Reno Cartwheel December 2017 Next Meeting: 2017 S .25 Sets & George Clark PDS Here
    Page 1 Reno Cartwheel December 2017 Next Meeting: 2017 S .25 sets & George Clark PDS here. th Tuesday, 27 of December (4th Tuesdays) Denny’,205 Nugget Ave.(at E. McCarran), Sparks December 26 Minibourse and Nominations Please brings coins to sell and a coin to talk about. January 23 Dinner, Awards, Elections DUES ARE Due $20 by January 1. At the Last Meeting 33 got to solve the mystery of platinum in a SF set of all five 2013-2018S quarters in case $5 Roman coin. The Scythians mined alluvial gold National Park Quarters PDS .50 mixed with platinum in southern Russia out of a Presidential, Native American D P $1.25 meteor or volcanic crater and neighboring rivers. The platinum was considered an impurity in the Early Bird Prize was 2017S .25 set won by Rusty gold, because it would not melt and could not be King. used in jewelry. Trish has a new knee and is struggl ing with physical therapy, so good call for Raffle prizes winners were: no museum in Nov. & Dec. George Rogers Clark Joe Wozniak: 2017 PCGS .01 .25 here 13, the last quarter of the year. I made Sam Dibitonto: Morgan $1 Coin albums S sets. The attractive set of 5 WWI medals come Rick De Avila: Merc..10,1980 proof set, 1964 .10 st out January 17, with the 1 quarter, Painted Laurel Hoggan: Russian coins, mystery box medal Rock, an island in Michigan comes out Feb. 5. Milton Angel: Walking Lib. .50, Merc. .10 The set is 3 birds and 2 islands, should be an nice Clay Thomas: 2002 proof set, copper RCC series.
    [Show full text]
  • Investing in Precious Metals How to Begin, Build and Maintain a Properly Diversifi Ed Portfolio
    THE ESSENTIAL GUIDE TO Investing in Precious Metals How to begin, build and maintain a properly diversifi ed portfolio David L. Ganz www.APMEX.com Copyright ©2011 David L. Ganz All rights reserved. Permission is granted for brief extracts and quotations in reviews or another author’s research, provided that this book, its publisher and the author are appropriately acknowledged. Published by Krause Publications, a division of F+W Media, Inc. 700 East State Street • Iola, WI 54990-0001 715-445-2214 • 888-457-2873 www.krausebooks.com To order books or other products call toll-free 1-800-258-0929 or visit us online at www.shopnumismaster.com ISBN-13: 978-1-4402-2369-3 ISBN-10: 1-4402-2369-6 Cover and Interior Design by Jana Tappa Edited by Debbie Bradley Printed in the United States Table of Contents Dedication ...............................................................................................................4 Foreword .................................................................................................................6 About the Author David Ganz .................................................................................8 About APMEX .......................................................................................................10 A Precious Metals Moment ...................................................................................12 Chapter 1: Keys to the Precious Metals Markets .................................................18 Chapter 2: Bullion Prices Always Change ...........................................................36
    [Show full text]
  • Mr. Michael B. Clark, President Diamond State Depository
    Statement of Mr. Michael B. Clark, President Diamond State Depository Before the U.S. House of Representatives Committee on Financial Services Subcommittee on Domestic Monetary Policy and Technology The State of U.S. Coins and Currency July 20, 2010 Chairman Watt, Ranking Member Paul and Members of the Subcommittee, my name is Michael Clark. I appear before you this afternoon as President of the Diamond State Depository, located in Wilmington, Delaware, a subsidiary of the Dallas-based Dillon Gage Group, Inc. Dillon Gage is one of 12 current Authorized Purchasers of American Eagle Silver Bullion Coins from the United States Mint. I have over 30 years experience in the precious metals and tangible assets industries, working for industry leaders such as Deak Perera, Wilmington Trust Corporation (NYSE: WL), and now Dillon Gage. I am a past Chairman, and remain a Director, of the Industry Council for Tangible Assets (ICTA), Inc., the national industry association for the rare coin, precious metals and tangible assets industry, which is headquartered in Severna Park, Maryland. It is a pleasure to speak with you today on the state of U.S. Coins and Currency. My purpose in appearing today is to address three issues, all related to coinage: 1. The market impacts of the U.S. Mint’s continued difficulties in keeping pace with market demand for its American Eagle Gold and Silver Bullion coinage programs; 2. The desire among collectors and investors alike for an American Eagle Palladium Bullion coin; and 3. The growing presence of counterfeit coins
    [Show full text]
  • A Few Words from the Editor
    (Newsletter of the Tyler, Texas Coin Club for April, 2013) The Tyler, Texas Coin Club meets on the Second Tuesday of each month with meeting beginning at 7:00 p.m. Location is the community room of the Meals on Wheels building located at 3001 Robertson Road. (Two blocks behind Rudy’s BBQ) Club members and friends gather starting at 6:30 p.m. for fellowship. Meeting agenda will always include business and the most spirited auction in Texas. Special presentations and programs are occasionally offered. A friendly welcome is to be had by all. TCC’s next meeting is Tuesday, May 14th, 2013. A Few Words from the Editor Throughout the years your editor has done his best to help educate the general population to coins which are not seen every day, yet are still legal tender. (See. Dr. Coyne) This practice includes sending back into change some Buffalo and V Nickels, and through the distribution of Half Dollars and Presidential Dollar coins acquired from the local bank by the roll. For the first time the other day I encountered some resistance. It was at a local restaurant here in Gilmer. I went to the register to pay my bill and as part of the package included a 1977 Kennedy Half and a U.S. Grant Presidential Dollar. The young lady at the register picked up each coin thoughtfully, studied them for a few moments and then sort of “nicely” accused me of trying to pull one over on her. I did my best to explain what she had in her possession.
    [Show full text]
  • 2006-07 Annual Report
    n o t i r t a o p r e o 7 p 0 l R r 0 a 2 o u n d C n l A o G GOLD CORPORATION ANNUAL REPORT 2007 C ontents Statement of Compliance 3 The Year in Brief 4 Gold Corporation - More than a Century in Precious Metals 6 Mission Statement 8 Chairman's Review 9 Review of Operations 11 Activities 17 ! Bullion Coins and Bars 18 ! Perth Mint Depository Services 18 ! Perth Mint Certificate Program 18 ! Perth Mint Gold 18 ! Commemorative and Numismatic Coins 19 ! Precious Metal Coin Blanks 20 ! Tourism 21 ! Gold Refining 22 Group Structure 23 Corporate Governance 24 Corporate Directory 30 Group Directory 31 Statutory Reporting Requirements 32 Senior Management 35 Auditor General's Opinion 36 Performance Indicators 38 Certification of Performance Indicators 41 Certification of Financial Statements 42 Financial Statements 43 1 Wholly owned by the Government of Western Australia 2 tatement Sof Compliance 3 he ear T iYn Brief » Gold Corporation made a profit before tax of $9.8 million. » The number of Perth Mint coins, bars and medallions sold increased from 1 million to 1.4 million. » Coin, medallion and bar sales added value to 4.75 tonnes of gold, 69.82 tonnes of silver and 30 kilograms of platinum. » Two large precious metal coin contracts were successfully produced on behalf of other countries. » The value of precious metals held for depositors increased to $1 billion. » The number of precious metal coin blanks produced increased from 8.6 million to 9.6 million. » Approximately 120,000 people visited The Perth Mint.
    [Show full text]
  • Index to the Canadian Numismatic Journal 1987
    Index to the Canadian Numismatic Journal 1987 January pages 1-48 July/August pages 293-340 February 49-96 September 341-388 March 97-144 October 389-436 April 145-192 November 437-480 May 193-240 December 481-5 June 241-292 A Archaeology Cache and Bury: The Archaeology of Numismatics. E. Banning 5 Awards The Louise Graham Memorial Award 53 Lethbridge Numismatic Society Awards 127 Yvon Marquis Receives Roya1 Canadian Mint Education Medal 346 Calgary Numismatic Society Wins Louis Graham Award 347 1. D. Ferguson - Nominations for Award 12 J.o. Ferguson Award won by G.c. Bell 345 B Bank of Canada The Currency Museum. Yvon Marquis 38 La Musee de la Monnaie. Yvon Marquis .40 Book Reviews 35, 44, 84, 109, 190, 238, 335, 372, 422, 475, Dec. Bullion Investing in Gold and Platinum, Wm. Popynick .473 Investing in Silver, Wm. Popynick 498 C Canadian Colonial Coins When Money Talks: Coinage in New France. Peter Moogk 55 A Glossary of Tenns for Nova Scotia Thistle Tokens 247 Nova Scotia Thistle Tokens 1823-1843. 1.1. Fougere 250 Slogans found on Canadian Colonial Tokens 518 Canadian Decimal Coins The New Design for the $1 Coin 104 The Other Side of the Nickel. N. Brownlee 112 The Twenty-eent Piece: A Common Mistake. 1. Midyette 138 What Should Canada's Lowest Denomination Coin be if the Cent is Discontinued? 1.H. Remick 154 A Mystery Solved. The 1873H Newfoundland 5c Silver. T.E. Klunzinger 156 The Canadian Cent 151 Doubled Dies of the Reverse of the 1952 Ten Cents.
    [Show full text]
  • Your Two Cents Worth for October/ November 2017 (Visit the Tyler
    Your Two Cents Worth for October/ November 2017 (Visit the Tyler, Texas Coin Club in person and on the internet at: tylercoinclub.org) The Tyler, Texas Coin Club (TCC) meets on the second Tuesday of each month at 7:00 p.m. in the community room of the Meals on Wheels Building located at 3001 Robertson Road. (Two blocks behind Rudy’s BBQ.) Club members and friends gather starting at 6:30 p.m. for fellowship. Meeting agenda will always include business and the most spirited numismatic auction in Texas. Special presentations and programs are also offered. A friendly welcome is to be had by all. TCC’s next meeting is Tuesday, November 14, 2017. Tyler Coin Club’s Orderly Transfer of Power (Tyler Coin Club’s orderly exchange of the gauntlet of power Left: President Emeritus Dwight “swearing” in President Lane on the holiest book of numismatics: a copy of the Red Book Center: President Lane presenting a plaque of thanks to outgoing President Dwight Right: With great power comes great responsibility – and a few boxes of stuff) NUMISMATIC NOTES Thoughts from Our President Lane B. The US Mint is tempting us again with a new offering. This time struck in a novel metal; palladium. The new $25 coin is part of the American Eagle series of bullion coins. Starting in 1986, the American Eagle bullion coins have been a tremendous success. The American Silver Eagles and Gold Eagles have become a world standard in bullion coins. The American Platinum Eagles have also been successful, but have not risen to the same level of popularity as their silver and gold sisters.
    [Show full text]
  • Platinum 2013
    PLATINUM 2 013 ACKNOWLEDGEMENTS Johnson Matthey gratefully acknowledges the contribution of many individuals and companies within the platinum group metal industry in providing information for and assistance with the compilation of Platinum 2013. In particular, our thanks go to Denise Garwood, Alison Cowley and the members of the Johnson Matthey precious metals market research team and to Tanaka Kikinzoku Kogyo KK for their invaluable assistance in Japan. Platinum 2013 is based for the most part on information available up to the end of March 2013. DISCLAIMER Johnson Matthey PLC endeavours to ensure the accuracy of the information and materials contained within this report, but makes no warranty as to accuracy, completeness or suitability for any particular purpose. Johnson Matthey PLC accepts no liability whatsoever in respect of reliance placed by the user on information and materials contained in this report, which are utilised expressly at the user’s own risk. In particular, this report and the information and materials in this report are not, and should not be construed as, an offer to buy or sell, or solicitation of an offer to buy or sell, any regulated precious metal related products or any other regulated products, securities or investments, or making any recommendation or providing any investment or other advice with respect to the purchase, sale or other disposition of, any regulated precious metal related products or any other regulated products, securities or investments including, without limitation, any advice to the effect that any precious metal related transaction is appropriate or suitable for any investment objective or financial situation of a prospective investor.
    [Show full text]
  • Fall 2017 Convention Edition of the Nor'wester Were Available
    Page 2 4th Quarter 2017 INSIDE THIS ISSUE: Welcome to Portland 3 PNNA President’s Message 6 Coin Show and Event Calendar 7 North and South, the PGM 10 Bullion Coins 2017 Washington State Fair 11 Eric Holcomb, Editor/Webmaster ANA Summer Seminar Reports 14-15 1900 NE 3rd St STE 106 PMB 361 PNNA Officers 2016-2018 Bend, OR 97701-3889 President - James Reinders Phone: 541-647-1021 Email: [email protected] Vice President - Ed Fischer Secretary - Danny Bisgaard (also Past President) Treasurer - Scott Loos www.pnna.org Directors - John Brown, Kevin Charboneau, Gawain O’Connor, Ron Engholm, James D. Free, Mark Gruner, Tony Kalt, Lance Nesemann, The Nor’wester is published Rick Schulz, Dan Vornbrock Appointed Positions quarterly by the Dealer Director - Dennis Reed Pacific Northwest Editor/Webmaster - Eric Holcomb Numismatic Association PNNA is an IRS 501 c(3) non-profit educational Deadline for submission of material for 1st Quarter association registered in the State of Oregon. 2018 Nor’wester: December 15, 2017. Please send ad copy to Eric Holcomb (email Eric For membership information please see page 6, @Holcomb.com), and payment to the PNNA treasurer. the PNNA website, or attend the convention. Advertising rates (per regular/convention issue) are: $7.50/$10.00 (1/8-page; business card) American Numismatic $10.00/$12.50 (1/6-page) Association Member $15.00/$18.00 (1/4-page) C-1000037 (old ANA $25.00/$30.00 (1/2-page) Life Club #37) $45.00/$50.00 (full page) Color pages in the convention editions, where available, will be charged at a higher rate.
    [Show full text]
  • Innovative Coinage Concepts
    INNOVATIVE COINAGE CONCEPTS SESSION MDC San Francisco / March 2004 17/01/2004 INNOVATIVE COINAGE CONCEPTS: FOR WHAT DOING? SEEN FROM A TECHNICAL POINT OF VIEW hen the Product Development and Marketing Department of a Mint begin to start their brainstorming on possible new products, that “ have to be so appealing, attractive, W innovative and “jamais vu ”, it is well know that usually, the Production Department starts becoming headaches. Each technician in this room knows what I am talking about! However, in this paper, I will try to illustrate through an non-exhaustive list what kind of innovations have been achieved in the last past years, and what were the difficulties faced, the limits that had been pushed out to create these innovations, and finally put on the market as “ innovative coinage concepts”. In the classical numismatics field, circulation or collector coins are understood to be: 1-round 2-flat 3-light and small 4-in one piece 5-in a limited range of metals 6-only metallic 7-in a limited range of colours 8-in a limited range of finishes What we can call the 8 classical rules. However, as the number of products grove rapidly in the last 20 years, the Mints of the world have rapidly seen that there is a real challenge in introducing innovative numismatic products ( the so called Collectors’ Coins) in their classical product range, as it is a window on their company showing values like for instance: -modernity -fashion spirit -technical know how or engineering capacity which are clearly aimed to be sales arguments and boosters for the turn-over.
    [Show full text]