ANA College Scholarship Renamed

On September 14, the ANA Board of Governors voted unanimously to name the Association’s annual higher education scholarship the Gerome Walton Memorial College Scholarship to honor Gerome Walton’s countless contributions to the ANA. An accomplished numismatist and longtime ANA volunteer, Walton procured a Modern Woodmen grant, which helps to fund the scholarship.

Walton served as the ANA’s assistant treasurer from 1988 until his passing in August 2021. He was an avid numismatic author and researcher who generously contributed his expertise to the ANA. In 1978 he wrote A History of Nebraska Banking and Paper Money, which became the preeminent reference on the topic. His August 2020 Numismatist article, “The Women Behind Nebraska Bank Notes,” earned the second-place ANA Catherine Sheehan Literary Award for U.S. Paper Money Studies.

The Gerome Walton Memorial College Scholarship is awarded annually to two deserving students based on exceptional academic performance, numismatic accomplishments and financial need. The scholarship provides $1,000 to go toward the winners’ tuition, books or supplies, and recipients are eligible to receive the scholarship for up to four years.

Applications for the 2022 Gerome Walton Memorial College Scholarship will be available in January. Applicants must be high school seniors and members of the Association.

For additional information, contact ANA Education Director Rod Gillis at (719) 482-9845 or email

World’s Most Valuable Numismatic Item, $48 Million Gold 1,000 Bitcoin Physical Coin, Submitted by GreatCollections to PCGS

Described as “a new Goliath,” the “Gold Cas” was purchased in 2011 for only $4,905, but its value today is staggering

(Irvine, California) October 4, 2021 — Not seen for a decade, a one-ounce gold coin with a denomination of 1,000 Bitcoins (BTC) is the world’s most valuable numismatic item. Purchased in December 2011 for $4,905, it is now worth $48 million at the BTC value as of Monday morning, October 4, 2021.

On behalf of its anonymous owner, GreatCollections Coin Auctions of Irvine, California ( submitted the gold 1,000 Bitcoin physical coin under armed guard for certification to Professional Coin Grading Service. It has been certified PCGS Proof-70 DCAM.

Ian Russell, president of GreatCollections in Irvine, California, holds the gold-plated 25 Bitcoins physical coin (on the left) and the one-ounce gold 1,000 Bitcoins “Gold Cas” coin (on the right) that is the world’s most valuable numismatic item worth $48 million. (Photo courtesy of GreatCollections.)

“This is the greatest return on investment for any numismatic item, a staggering 9,786 times the purchase price in just ten years. It may be the world’s greatest investment in that time span,” stated Ian Russell, President of GreatCollections.

“Its value eclipses classic coins, such as the 1933 Saint-Gaudens Double Eagle recently auctioned by Sotheby’s for $18,872,250 or the Sultan of Muscat 1804 Draped Bust dollar GreatCollections recently purchased at auction for $7,680,000 on behalf of a client,” he said.

The gold 1,000 BTC is not for sale, but Russell announced that a gold-plated 25 BTC coin, now certified PCGS MS-67, will be offered without reserve by GreatCollections in an auction that closes on November 14.

“Bidding will start at $1, although I anticipate this 25 BTC will sell for more than $1 million,” predicted Russell.

The cryptocurrency community refers to the 1,000 BTC coin as “the Gold Cas.” That is a reference to “Casascius”, the brand of BTC coins produced from 2011 to 2013. The company was created by Mike Caldwell to create physical “Casascius coins” in increments of 0.1, 0.5, 1, 5, 10, 25, 100 and 1,000 BTC units. Caldwell also produced some BTC ingots.

PCGS Interim President Stephanie Sabin stated: “PCGS sets the standard for grading and authenticating rare coins, tokens, medals, and paper currency. As such, we have been entrusted with the encapsulation of the majority of auction-topping items year after year. This coin is set apart in its cultural significance in merging the worlds of cryptocurrency and traditional numismatics. Combine this with the staggering value of the Bitcoins it contains and we have a new Goliath.”

Only six 1,000 gold BTC Casascius coins were made and four of them have not been redeemed including the one owned by Russell’s client.

The gold coin is dated “2012 CASASCIUS.” The legend on the obverse includes “1 TROY OZ .999 FINE GOLD” and the motto, “VIRES IN NUMERIS,” Latin for STRENGTH IN NUMBERS. There is a multi-color, tamper-resistant hologram design on the reverse. It was in fact the first produced by Casascius.

Forgotten in a desk drawer for years, this 1,000 Bitcoins denomination “Gold Cas” physical coin purchased in December 2011 for $4,905 is now worth over $48 million. Graded PCGS Proof-70 DCAM, it is the world’s most valuable numismatic item. (Photo courtesy of GreatCollections.)

Russell said the current owner of this 1,000 gold BTC is not the presumed founder of the digital currency Bitcoin, Satoshi Nakamoto. There have been suggestions that the founder of Bitcoin owns iconic Bitcoin items such as the “Gold Cas”.

“The Gold Cas owner wanted to have his fortune encapsulated and graded by PCGS. GreatCollections arranged the process from start-to-finish, including an armed guard escort to take it to PCGS headquarters in Santa Ana, California,” said Russell.

“It’s the ultimate 21st century collectible, merging gold with crypto-currency; a cultural phenomenon considering the vast numbers of people under 30 who own some cryptocurrency as investments,” he stated.

“The $48 million coin now resides in an overseas bank vault, and it’s unlikely to ever be redeemed or spent as Bitcoin, but you may be able to see it in person someday. GreatCollections is in talks with the owner to publicly display it at an upcoming coin convention,” Russell explained.

For additional information, contact GreatCollections at 949-679-4180 or visit online at

About GreatCollections

GreatCollections is an auction house for certified coins and banknotes, handling transactions from start to finish. Since its founding in 2010, GreatCollections has successfully auctioned over 950,000 certified coins, making it one of the leading certified coin companies in the United States. Ian Russell, owner/president of GreatCollections, is a member of the prestigious Professional Numismatists Guild and member of the National Auctioneers Association. For more information about GreatCollections, visit or call (800) 442-6467.

The Royal Mint’s latest research shows new interest in childhood character coins

Owl 2021 UK 50p Silver Proof Coin reverse edge – UK21OWSSP

The Royal Mint has revealed the results of a survey which found that childhood character coins are attracting new and younger coin collectors to take up and share the popular hobby.

As well as minting the coins found in our pockets, The Royal Mint makes collectable coins celebrating key themes and milestones and featuring some of Britain’s most-loved childhood characters on UK coin.

The new findings mark the launch of the latest coin in the collection inspired by Disney’s Winnie the Pooh, which features Pooh’s trusted friend Owl on a 50p at The Royal Mint.

According to the new research, more than half of 35–44-year-olds said that childhood character coins were the main reason for starting a collection. The childhood character coins also inspired almost three quarters of Royal Mint’s collectors aged 18-24.

  • 51% of 35- to 44-year-olds state childhood character coins as the main reason for collecting
  • 74% of 18- to 24-year-olds consider character coins as one of the reasons for collecting

The research also found that the timeless hobby of treasuring Britain’s favourite collectable item remains an interest which is passed down through generations – 45% started collecting because a grandparent or older relative introduced a collection to them, according to the survey results.

Mum of two, Januarie Braganza, from London, is a keen childhood character coin collector, on behalf of her 75-year-old mother Sunny Hall and children; 2-year-old Blaise and 1-year-old Winnie. She said:

My children Winnie and Blaise collect coins with their Nanna Sunny, who has been collecting coins for years. It is a wonderful hobby they can enjoy together, and they regularly speak on Facetime and show their new coins. It makes her so happy to see the children sharing her passion and helps to keep her mind sharp.

Speaking of the launch of the latest Owl 50p which celebrates 95 years of Winnie the Pooh with a design based on the original E.H Shepard decorations, she added:

We love the Winnie the Pooh coins best as my daughter has the same name! The latest Owl 50p coin is beautiful, and the colour really brings the character to life. We’re so excited to receive this coin as part of Blaise and Winnie’s collection and Nanna Sunny loves it too!

Earlier this month, The Royal Mint revealed that coins are officially the most popular collectable item in the UK, with over a third of collectors having a passion for coins (36%). Stamps (30%) and books (26%) came in second and third most popular. The Royal Mint’s Divisional Director of Commemorative Coin Clare Maclennan said:

Coins are Britain’s favourite collectable item, and their appeal continues to reach new collectors with the increasing popularity of our childhood character coins which celebrate some of the greatest childhood stories and characters we know and love on official UK coin.

The collectable Owl 50p is the latest release in Winnie the Pooh series, marking the 95th anniversary of the lovable bear. Inspired by the original watercolour decorations of E.H. Shepard, and available in a vibrant special colour edition, the coin is itself a beautiful work of art for collectors of all ages, and we’re so thrilled to see these pieces are inspiring new and younger collectors to get involved.

The Owl 2021 UK 50p is the fifth release in the nine-coin Winnie the Pooh and Friends collection. See the full Winnie the Pooh commemorative collection, and others, at The Royal Mint.

ANA Recognizes Membership Boosters, Numismatic Author & Medallic Artist

At this year’s World’s Fair of Money®, several hobby supporters were honored for encouraging coin enthusiasts to join the American Numismatic Association (ANA). The recruitment period was January 1 to December 30, 2020. The John and Nancy Wilson Booster Award (named after the duo who have recruited more than 2,000 new members) went to ANA Past President Steven K. Ellsworth, Ronald I. Macfarlane and John Youngblood III.

Numismatic professionals and companies who have sponsored members through their business activities are recognized with the Dealer Booster Award. This year’s recipient is Coin World. The 2021 Century Club Award, presented to those who have signed up a cumulative total of 100 or more ANA members, was awarded to Michael Contursi, Governor Mark Lighterman and Mike Dinger.

Recognized Researcher

The Burnett Anderson Memorial Award for Excellence in Numismatic Writing is presented annually to a researcher, author or journalist in recognition of their body of work and career contributions to numismatics. First conferred posthumously on its namesake in 1999 at the ANA’s 108th Anniversary Convention, the award is intended to recognize quality and integrity in numismatic wordsmithing of every kind. The recipient is selected in a cooperative process by the ANA, the American Numismatic Society and the Numismatic Literary Guild.

This year’s recipient is Joel J. Orosz, a prolific researcher and writer who has been working in the field for four decades. Burnett Anderson’s son Mark Anderson accepted the ward on Orosz’s behalf at the Awards Banquet held August 13 at the World’s Fair of Money®.

Orosz found a vocation in philanthropy and an avocation in numismatics. These interests brought balance to his life, for, as he puts it, he dedicated his workdays to giving away large sums of money and spent his leisure hours trying to claw a little bit of it back. Over the years, he has focused on tracing the literary byways of early American numismatics and also on gathering association copies (books inscribed by their authors and notable previous owners).

His numismatic corpus originated in the early 1980s. His research has been published in Rare Coin Review, The Numismatist, The American Journal of Numismatics and several other periodicals, and he is currently a columnist for The Asylum and Coin World. He’s authored two numismatic books and co-authored three more. His three most recent works – The Secret History of the First U.S. Mint (2011); Truth Seeker: The Life of Eric P. Newman (2016); and 1792: Birth of a Nation’s Coinage (2017) – all received the Numismatic Literary Guild’s (NLG) prestigious Book of the Year Award.

The philanthropic numismatist also has been honored with three first-place ANA Heath Literary Awards (2000, 2010 and 2017) and the Wayte and Olga Raymond Memorial Literary Award (2018). In addition to the NLG, Orosz has earned numerous accolades from the Professional Numismatists Guild, the John Reich Collectors Society and the Society of Paper Money Collectors. The Numismatic Bibliomania Society named its annual writer’s award after Orosz, who shared the 2020 NLG Clemy Award (the organization’s highest honor) with Len Augsburger.

Recognized Medallic Artist

The ANA’s Numismatic Art Award for Excellence in Medallic Sculpture is an annual honor given to an artist whose lifetime work in the field rises above all others. The 2021 recipient is Belgian artist Paul Huybrechts.

Over the course of 50 years, Huybrechts has designed countless medals, coins and dies. His work displays exceptional quality and innovation.

In his younger years, Huybrechts honed his artistic skills in Belgium and Germany. He spent time in Switzerland engraving at the firm Huguenin to further refine his technique. At age 23, Huybrechts returned to Belgium to establish himself as a professional in medal engraving and currency art.

In an interview with the Société Archéologique de Namur, Huybrechts explains that his desire to enter the field blossomed during his childhood. He recalls digging through the trash and cutting out stamps from letters his father received from various European countries. Huybrechts notes that history – and what we can learn from it – serves as a major source of inspiration for his work. He enjoys learning from ancient cultures and significant past events while employing modern artistic techniques.

While Huybrechts has designed dies for over 40 postage stamps and 12 coins for the Belgian government, his medallic work is where his artistry truly shines. Shown here is Huybrechts’s 2005 Kraepelin-Alzheimer medal that was exhibited during the 2007 International Art Medal Federation (FIDEM) congress. The obverse of this bronze piece features Emil Kraepelin, a German doctor who is considered to be the founder of modern scientific psychiatry. The reverse depicts Alois Alzheimer, a German psychiatrist who helped identify the disease that later became his namesake.

A retrospective of Huybrechts’s work commemorating his 50-year career will be on display in Leuven, Belgium, in April-June 2022.
The American Numismatic Association is a congressionally chartered, nonprofit educational organization dedicated to encouraging the study and collection of coins and related items. The ANA helps its members and the public discover and explore the world of money through its vast array of educational and outreach programs as well as its museum, library, publications, and conventions. For more information, call 719-632-2646 or visit

Treasury Announces New U.S. Mint Acting Director

WASHINGTON — Today, the U.S. Department of the Treasury announced Alison Doone as the new Acting Director of the U.S. Mint. Doone previously served as Chief Administrative Officer at the Mint. Doone’s first day as Acting Director will be on October 1 as Director David J. Ryder leaves the bureau to pursue new opportunities.

“I’m excited to serve the U.S. Mint as Acting Director to help it continue its important work,” said Alison Doone. “I look forward to working alongside the devoted Mint employees across the country and supporting our ongoing efforts to ensure that we are operating efficiently and producing quality products for the American people.”

“We thank Director Ryder for his dedicated service to the U.S. Mint and welcome Alison to serve in this role,” said Deputy Secretary Wally Adeyemo. “It is essential for the U.S. Mint to continue its critical operations to produce our coinage amid increased demand and safeguard American assets. I have confidence that Alison’s leadership will help us carry out this mission.”

“It was an honor to serve as the 34th and the 39th Director of the U.S. Mint,” said Director David J. Ryder. “During this global pandemic, the U.S. Mint has showcased American excellence. Not only did the Mint meet its primary mission of producing circulating coinage, but it generated near-record revenue by introducing wildly popular numismatic products at a time in which many of its peers around the world ceased operations. Thank you to all of the employees who work tirelessly and play a role in ensuring that the Mint can meet the demands of the public, deliver quality products, and operate effectively. I know that with Alison serving as Acting Director, the Mint will continue to do just that.”

Doone, a member of the Senior Executive Service since 2004, has served as the Mint’s Chief Administrative Officer since March 2021.

Before beginning her work with the Mint, Ms. Doone served as the Chief Financial Officer for the Department of Education from August 2018 to March 2021; Deputy Chief Financial Officer at the Department of Energy from January 2013 to August 2018; Chief Financial Officer at the General Services Administration from September 2010 to January 2013; Chief and Deputy Chief Financial Officer at the Internal Revenue Service from August 2005 to September 2010; and, Deputy Assistant Administrator for the Drug Enforcement Administration from June 2004 to August 2005. Prior to her appointments in the SES, Ms. Doone served as a Senior Level (SL), Deputy Staff Director for Management at the Federal Election Commission from November 1999 to June 2004.

Ms. Doone holds a Bachelor of Arts degree in political science from Pennsylvania State University and a Master’s degree in finance from the University of Michigan.

New Name for ANA Accolade

The Association’s Board of Governors votes to remove Farran Zerbe’s moniker from the organization’s highest honor

During an open session meeting on January 19, 2021, the ANA Board of Governors honored the wishes of nearly 20 past Farran Zerbe Memorial Award winners by voting to remove Zerbe’s name from the ANA’s highest honor after the 2021 presentation (its 70th year). According to the motion, the accolade will be called the Distinguished Service Award “until such time as the name of an exemplary, deceased ANA member be brought forward to the Board, after vetting by the Awards Committee, for consideration of formal approval with proper funding arrangements for such naming rights.”

A well-known figure in 20th-century numismatics, Joseph Farran Zerbe served as ANA president from 1907-1909. A retrospective look at Zerbe’s professional dealings uncovered accusations that he made deceptively inflated claims about the future value of the Louisiana Purchase Exposition gold dollars he sold; complaints of hucksterism and fraud for his creation and sale of coin-like 1904 gold-plated exposition souvenirs; allegations that he unscrupulously obtained personal ownership of The Numismatist in 1908 from relatives of the ANA’s late founder, Dr. George F. Heath (then ANA Vice President W.W.C. Wilson subsequently purchased the periodical and donated it to the Association in 1910); and claims of bribery involving the 1909 ANA election in which Zerbe’s friend John M. Henderson was named president.

Three Numismatic Groups Admonish Facebook About Ads Offering Counterfeits

Social media giant has not responded to warnings that the “platform continues to be used to lure gullible buyers of counterfeits”

September 20, 2021 — Three major numismatic organizations that sent a letter to Facebook executives to complain that the social media platform “has become the predominant choice of some fraudsters” are disappointed with the lack of a response by Facebook and the continuing appearance of pop-up advertisements selling counterfeit coins. No response has been received in the month since the letter was sent.

The Anti-Counterfeiting Educational Foundation (, Numismatic Guaranty Company ( and the Professional Numismatists Guild ( sent their joint letter on August 19, 2021 to Mark Zuckerberg, Facebook’s founder, chairman & chief executive officer. Copies were also sent to Facebook chief operating officer Sheryl Kara Sandberg and chief revenue officer at the time David Fischer.

“We are disappointed and frustrated that Facebook, for whatever reason, has failed to even acknowledge our important letter while hundreds of pop-up ads selling counterfeits or touting inaccurately or misleadingly described replicas continue to appear on their platform,” said Bob Brueggeman, PNG executive director. “ACEF, NGC and PNG jointly offered to assist Facebook to detect and help prevent these kinds of fraudulent ads, but there’s been no response.”

Mark Salzberg, Numismatic Guaranty Company chairman, stated: “NGC was founded, in part, to combat counterfeit coins in the marketplace. The coin collecting hobby is safer now than ever before, but we unfortunately face a new and serious threat from counterfeiters who are using social media to take advantage of unsuspecting buyers. NGC hopes to have the opportunity to work with Facebook to help banish these unscrupulous sellers from its platform.”

Doug Davis, ACEF Director of Anti-Counterfeiting and a former Texas police chief, stated: “The Anti-Counterfeiting Task Force has identified Facebook as a major platform utilized by counterfeiters and criminal organizations to sell counterfeit coins and precious metals. It is critical that Facebook executives recognize the criminal abuse of their platform by crooks who are preying on unsuspecting and uneducated victims who have lost hundreds of thousands of dollars. But most importantly, the misuse of the Facebook platform undermines the integrity of the U.S. monetary system.”

Here is the full text of the joint letter signed by Davis, Salzberg and Brueggeman.

Facebook Joint Letter

The Royal Mint reveals Britain’s rarest 50 pences in 2020 Mintage Figures

The Royal Mint has today posted the mintage figures for the calendar year of 2020, providing the official guide to the rarest coins in circulation.

In 2020, over 330 million coins were released into circulation, including new 50 pence designs commemorating ‘Diversity Built Britain’ and the UK’s Withdrawal from the European Union. Ten million of each design were released into circulation, making them widely accessible.

The 50 pence is Britain’s most collectable coin and provides the ideal canvas for commemorative designs – with more than 50 different versions released into circulation since 1969. The famous 2009 Kew Gardens 50p remains the most coveted coin in circulation, with a mintage of just 210,000. Other rare designs include the 2011 Olympic 50p’s and the highly collectible Peter Rabbit series.

In January 2020 The Royal Mint issued a new 50 pence to mark the UK’s departure from the European Union, featuring the inscription “Peace, prosperity and friendship with all nations” as a symbol of continued unity. In October 2020 a fifty pence was issued to celebrate ‘Diversity Built Britain’ as part of Black History Month. To accompany the release The Royal Mint issued a coin and education pack to every primary school in England and Wales.

The Royal Mint’s Director of UK Currency, Mark Loveridge, comments: “As the original maker of UK coins, we are delighted to play our part in celebrating the story of the nation.

In 2020 two important new designs were issued on fifty pences, commemorating British diversity and the UK’s withdrawal from the European Union.

“Coin collecting remains a popular hobby in the UK, and finding a special design in your change adds to the excitement. If you are lucky enough to find a commemorative 50 pence you can find more information about its history, design and mintage on our website.”

As well as the coins found in your change, The Royal Mint issues a range of commemorative coins each year to celebrate landmark events, anniversaries and individuals that have shaped the nation. In 2021 that has included collectable coins celebrating Her Majesty the Queen’s 95th birthday, Team GB at the Tokyo Olympics and the 50th anniversary of Mr Men and Little Miss.

The Royal Mint’s Top 10 Rarest 50p Coins in Circulation

Coin Mintage
2009 Kew Garden 210,000
2011 Olympic Wrestling 1,129,500
2011 Olympic Triathlon 1,161,500
2011 Olympic Judo 1,161,500
2011 Olympic Football 1,161,500
2018 Flopsy Bunny 1,400,000
2018 Peter Rabbit 1,400,000
2011 Olympic Tennis 1,454,000
2011 Olympic Goalball 1,615,500
2011 Olympic Shooting 1,656,500

In celebration of coin collecting, The Royal Mint will host its’ annual ‘Collect Week’ from 20th September. The event features a host of expert webinars and behind the scenes content – all of which is free and can be streamed from home.

For the full mintage figures, also see The Royal Mint’s website:

Legend Numismatics Buys Eliasberg 1894-S Dime For $1.8 Million, Now In Bruce Morelan’s Collection

Morelan completes “numismatic trifecta” with fabled coin acquired by Legend from Kevin Lipton and John Albanese

(Lincroft, New Jersey) September 8, 2021 — An 1894 San Francisco Mint silver dime that once belonged to a legendary collector known as “The King of Coins” has been acquired by Legend Numismatics of Lincroft, New Jersey ( for $1.8 million. It is a record price for this particular example of the nine known surviving 1894-S dimes.

The branch mint proof, graded PCGS PR65+ BM CAC, was acquired by Legend on behalf of prominent collector Bruce Morelan from dealers John Albanese and Kevin Lipton. Albanese, co-founder of Certified Acceptance Corporation (CAC), called it his favorite 1894-S dime because “it has the strongest, most collector-friendly eye appeal.”

This Eliasberg provenance 1894-S dime, graded PCGS MS65+ CAC, is now in the collection of Bruce Morelan after being acquired for him by Legend Numismatics for $1.8 million, a record price for this particular example. (Photo credit: Professional Coin Grading Service.)

“Bruce Morelan now owns the trifecta of United States numismatics: an 1804 Draped Bust dollar, a 1913 Liberty Head nickel and an 1894-S Barber dime,” said Laura Sperber, president of Legend Numismatics. “We are looking at the possibilities of exhibiting all three together at a major show.”

Among this 1894-S dime’s prominent previous owners was Baltimore financier and civic leader Louis E. Eliasberg, Sr. who became known as “The King of Coins” for assembling before his death in 1976 an example of every date, metal, denomination, and mint mark United States coin known to collectors at the time.

“I’m very excited at the opportunity to own this magnificent coin,” stated Morelan. “It joins the 1804 Class I dollar and 1913 Liberty Head nickel in my collection. Very few collectors have ever owned all of the top three most famous American rarities and I’m proud to join that very exclusive group that includes Eliasberg, Col. E.H.R. Green and Dr. Jerry Buss.”

Mint records indicate only 24 dimes were struck at the San Francisco Mint in 1894, and today only nine of them are known to still exist.

This was the third 1894-S dime acquired for collectors by Legend since the company’s founding in 1987.

“When I started in the coin business in 1978, I dreamed of handling maybe one 1894-S dime,” said Sperber. “I did not think I would ever handle three of them; the so-called Ice Cream example, the Simpson coin and now Eliasberg! Even though the Simpson example is graded a little higher, PR66, this latest 1894-S dime has always been the best looking in my opinion. It’s an honor to handle such an important piece of numismatic history.”

For additional information, contact Legend Numismatics, Inc. by phone at 800-743-2646, by email at or visit online at

Anti-Counterfeiting Educational Foundation Helps Dealers at TNA Coin Convention 2021

June 5, 2021. Doug Davis, Director, Anti-Counterfeiting Educational Foundation, David Lisot, Interviewer,

Numismatics is being plagued by major counterfeiting problem. Dealers across America are having to cope with bogus coins many originating in China. The Anti-Counterfeiting Educational Foundation has a task force to help educate dealers about the problem. Doug Davis is Director of that organization and talks about his latest efforts to combat the problem.

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