The Monthly Production Report for April 2017 Has Been Posted
From the Bureau of Engraving and Printing:
The Monthly Currency Production Report for April 2017 Has Been Posted.
Please click here to access the report.
https://www.moneyfactory.gov/resources/productionmonthly.html
California Teenager Named PNG 2017 Scholarship Recipient
“This year’s PNG scholarship is being awarded to Grant Shobar, 17, of Laguna Niguel, California. It will cover airfare, tuition for one of the two week-long American Numismatic Association Summer Seminar (www.money.org/summer-seminar) sessions, meals and five nights of dormitory accommodations on the campus of Colorado College, site of the ANA headquarters,” announced PNG Executive Director Robert Brueggeman.
As a youngster, Grant collected an assortment of items ranging from hotel room keys to football cards, marbles and stamps. He began collecting coins five years ago and has been an avid young numismatist since then.
“My passion for coin collecting never ends, and every hour I spend, whether organizing or analyzing a coin I am interested in buying, flies by and I enjoy every moment of it,” Grant explained.
“I was so thrilled when I learned that I won this year’s scholarship. I went to the Summer Seminars the past two years, and the experiences were incredible. It definitely brings collecting to a whole new level. This scholarship will help me expand my interest in the hobby and collecting,” added Grant who wants to take a Summer Seminar class on Seated Liberty coinage.
He will be a Senior this fall at Dana Hills High School in Dana Point, California. He started the Numismaniacs Coin Club at the school during his Freshman year. Grant also has written articles for various hobby publications, including the ANA’s magazine, The Numismatist, and enjoys attending the Long Beach Coin, Currency, Stamp & Sports Collectible Show.
His parents, Mark and Cathy Shobar, and his sister, Hayleigh, have been delighted with Grant’s enthusiasm for collecting.
“We were excited (when Grant was notified about the PNG scholarship). He literally lives and breathes coins; that’s all he talks about. He’s so passionate about the hobby. His sister loves to listen to Grant talk about coins. He teaches us all. Now we’re always looking at all the coins and currency that come through our hands. We learn from him,” said Cathy Shobar.
“I think this scholarship is a great opportunity for kids, a win-win for parents and their children. Not only are they learning about coins, a very valuable hobby, it teaches them more about many other topics. We’re very blessed that he has such a passion for coins,” she added.
Grant offers this advice for prospective collectors: “Everyone considering collecting should delve into the hobby. Knowledge is key. Coins are really the best hobby because it is so diverse, there’s an option for everyone.”
This is the 13th consecutive year of PNG YN scholarships for the popular, annual ANA educational Summer Seminar programs.
“The money to pay for the annual PNG YN Scholarship is administered from PNG’s Gerald Bauman Memorial Fund. Bauman, who died in 2001, served for many years as a prominent coin dealer with Manfra, Tordella & Brookes in New York City,” explained PNG President Dana Samuelson.
The PNG is a nonprofit organization composed of many of the top rare coin and paper money dealers in the United States and six other countries. PNG member-dealers must adhere to a strict Code of Ethics in the buying and selling of numismatic merchandise. For additional information about PNG, visit online at www.PNGdealers.org or call (951) 587-8300.
United States Mint Releases the 2017 American Buffalo One Ounce Gold Proof Coin on May 11
WASHINGTON – The United States Mint 2017 American Buffalo One Ounce Gold Proof Coin (product code 17EL) will be available for purchase beginning on May 11 at noon Eastern Time (ET).
Produced since 2006, this .9999 fine, 24-karat gold coin features designs that are based on the original 1913 Type I Buffalo nickel designed by James Earle Fraser. The obverse (heads) design portrays a profile representation of a Native American, while the reverse (tails) features an American Buffalo (also known as a bison).
Each coin is presented in an elegant matte-finish hardwood box with a leather-like inset with a Certificate of Authenticity.
The 2017 American Buffalo One Ounce Gold Proof Coin is priced according to the range in which it appears on the Mint’s Pricing of Numismatic Gold, Commemorative Gold, and Platinum Products table. Current pricing information is available at https://catalog.usmint.gov/coins/gold-coins/.
Orders will be accepted at https://catalog.usmint.gov/ and at 1-800-USA-MINT (872-6468). Hearing- and speech-impaired customers with TTY equipment may order at 1-888-321-MINT. Information about shipping options is available at https://catalog.usmint.gov/customer-service/shipping.html.
United States Mint Launches Public Design Competition for Program Marking 50th Anniversary of Apollo 11
WASHINGTON – The United States Mint today announced a call for artists to design the obverse (heads side) of the commemorative coin honoring the first manned moon landing. Authorized by law, the Apollo 11 50th Anniversary Commemorative Coin Program celebrates the innovation and bravery of the successful mission and the fallen astronauts who preceded that endeavor. The competition invites artists to design a common obverse image that is emblematic of the United States Space Program leading up to the first manned Moon landing. The winning artist will receive $5,000 and have his or her initials included on the coins. Competition details and entry can be accessed at https://www.usmint.gov/news/design-competitions/apollo-11.
“The success of the crew and the team behind Apollo 11 nearly 50 years ago holds special meaning to Americans,” said David Motl, Acting Principal Deputy Director of the United States Mint. “The Apollo 11 Commemorative Coin Design Competition presents a unique way for artists to capture the sense of pride for such an enormous accomplishment, while also memorializing fallen astronauts.”
Phase One of the competition, which is open through June 29, 2017, or until 1,000 entries are received, calls for artists age 18 and older to submit portfolios of their prior work. From these entries, an expert jury will select no more than 20 applicants to participate in Phase Two. During Phase Two, artists will create an original design for the common obverse of the coin, which shall be submitted as a digital file. The final winner will be announced in 2018. As authorized by law, the common reverse (tails side) will depict a representation of a close-up of the famous ”Buzz Aldrin on the Moon” photograph taken July 20, 1969, which shows the visor and part of the helmet of the famed astronaut.An expert jury composed of members of the U.S. Commission of Fine Arts and the Citizens Coinage Advisory Committee will review and score design submissions. Both groups provide experienced and impartial expertise in advancing the state of public art and the interests of American citizens and coin collectors. The jury will choose a winning design to recommend the Secretary of the Treasury for selection. With the winning design selected, the United States Mint will begin issuing curved gold, silver, clad, and five ounce silver commemorative coins in 2019. Surcharges for this program are authorized to be paid in various denominations to three recipient organizations: the Smithsonian Institution’s National Air and Space Museum’s ”Destination Moon” exhibit, the Astronauts Memorial Foundation, and the Astronaut Scholarship Foundation.
For the first time in recent history, this commemorative coin program will be composed of four coins instead of three, including $5 gold coins, $1 silver coins, half-dollar clad coins, and five ounce silver proof coins. This will be the first time that a curved version of a five ounce silver coin is produced and offered by the United States Mint.
“The Apollo 11 50th Anniversary Commemorative Coin Program represents a meaningful and exciting undertaking for the United States Mint,” said Motl. “We look forward to the public’s participation in creating the final obverse design.”
Legend Rare Coin Auctions to Present Most Exciting Regency Auction Yet on May 18 in New Orleans
(Lincroft, NJ—May 1, 2017) The next Legend Rare Coin Auction Regency Sale will be held on May 18, in conjunction with the PCGS Members Only Show in New Orleans. The Regency Auction XXI will feature one of the most diverse and impressive presentations of rare coins ever offered in a Legend sale. Three “named” collections anchor the sale: The Bob Simpson Collection of Standard Silver Patterns, Part II; the Linda Collection of Mint State Trade Dollars; and the Northern Lights Collection of Toned Morgan Dollars, Part IV. Consigned alongside these world class holdings are the coins from many important numismatists.
“There really will be something for everyone in this sale!” declared LRCA president Julie Abrams. “Greg, Laura, and I hand selected 521 lots of quality rare coins. We are really pleased with the way the sale took shape. Early on, we knew we were going to have a great variety of coins to offer, and with the solidification of the market at all levels in auctions, collectors and dealers wanted to take advantage of our boutique style of marketing rare coins to the best buyers out there today.”
“Consignments have been coming in for this sale at a nice rate, after the announcement of the consignment of the Linda, Simpson, and Northern Lights collections,” said Greg Cohen, Senior Numismatist. “We really are thrilled with the quality offering, the vast majority of the coins are PCGS-graded, and many are CAC as well. The current crop of top end buyers are 100% quality conscious; we are so glad to be able to offer such a large number of quality rare coins for them. We think it will be a feeding frenzy when the sale takes place.”
Highlights include:
Lot 19. 25C 1869 J-747. PCGS PR66 CAM CAC EX SIMPSON
Lot 47. 25C 1870 J-894. PCGS PR68+ CAM CAC EX SIMPSON
Lot 87. $3 1871 J-1167. PCGS PR66 RB CAC
Lot 90. SHILLING. 1652 PINE TREE. LARGE PLANCHET. PCGS MS64 CAC EX FORD
Lot 95. 1C 1793 WREATH, LETTERED EDGE. PCGS MS64 BN CAC
Lot 197. 25C 1822 25/50C. PCGS MS65+
Lot 304. $1 1798 SMALL EAGLE, 15 STARS. PCGS MS62+ CAC EX MILLER
Lot 332. T$1 1877-S PCGS MS65+ EX LINDA COLLECTION
Lot 348. $1 1882-S PCGS MS67+ CAC EX NORTHERN LIGHTS
Lot 445. 1C-$1 1886 PROOF SET PCGS PR66-67
Lot 477. $5 1852-C PCGS MS64 CAC EX BAREFORD-BASS
Lot 490. $10 1908 MOTTO. MATTE PCGS PR67 CAC
Lot 497. $20 1883 PCGS PR65 DCAM CAC
Catalogs are in the mail. If you are not on our mailing list, and you would like to receive a copy, please contact us today.
About LRCA: Legend Rare Coin Auctions, founded in 2012 by Laura Sperber is a boutique auction firm that handles the finest in U.S. rare coins. Every coin offered is vetted by two world class numismatists. As the official auctioneer of the PCGS Members Show, Regency Auctions are conducted four or five times a year and are limited to roughly 500 lots. A Premier Session Internet only Auction is held monthly, featuring 150-200 hand selected lots. For more information, or to consign, contact Greg Cohen or Julie Abrams.

