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The Casino Chip Gaming Token Collectors Club, Inc. has announced that Eliot Jacobson, Ph.D. will be the keynote/banquet speaker for its 20th annual convention.

The event will take place June 20-23 at the South Point Spa, Hotel and Casino in Las Vegas. Jacobson will speak at the group’s banquet on Wednesday, June 20.

Jacobson received his Ph.D. in mathematics from the University of Arizona in 1983. He has been a professor of both mathematics and computer science. After nearly 30 years, he retired from academia in 2009.

Jacobson spent nearly a decade as an advantage player, using legal means to gain a mathematical advantage in gambling. He then founded Jacobson Gaming, LLC in 2006. It is one of the world’s leading independent companies specializing in casino table game design, advantage play analysis, game development and mathematical certification, according to the club.

It is true, United States tokens prove big things do come in small packages!

Jacobson also heads Certified Fair Gambling, a company that offers fairness auditing and certification for Internet casinos.
His book, Contemporary Casino Table Game Design, offers a comprehensive examination of the principles of table game design, development and selection. His book, The Blackjack Zone, explains the basic principles necessary to become a skilled blackjack player.

Jacobson also writes for trade magazines and online publications such as Casino Journal, Raving Solutions and Catwalk 2.0.
For complete details on the club’s show, visit its website at www.ccgtcc.com.

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Two grand prize winners were announced by the American Numismatic Association in the organization’s National Coin Week treasure hunt and club trivia challenge.

Robert Thompson, an ANA member from California, and the Madison County (Ala.) Coin Club claimed the top prizes.

Thompson’s prize for winning the video treasure hunt is a 1999 $25 American Eagle half-ounce gold uncirculated coin.

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Second place was claimed by Francis Musella. There was a three-way tie for third among Bob Leonard, Michele Sciaraffo and Aaron Brown.

For winning the trivia challenge by answering 20 questions correctly, the Madison County Coin Club won a 2012 $10 American Eagle quarter ounce proof coin and $100 in ANA Club Bucks.

According to ANA, 30 member clubs submitted answers for the challenge; the Northside Coin Club (Colo.) won the second-place prize of a 2012 America the Beautiful Quarters silver proof set and 50 Club Bucks.

Eight clubs tied for third place. They are: Albuquerque Coin Club, Eagle Rock Numismatic Society, Ludington Coin Club, Northwest Coin Club, Old Fort Coin Club, Ozarks Coin Club, Palm Beach Coin Club and the Wisconsin Valley Coin Club.

All of the top 10 clubs had a perfect score and the order of prizes was determined by a drawing.

Visit www.money.org for more information about National Coin Week activities that were held. April 17-21.

More Coin Collecting Resources:

• State Quarters Deluxe Folder By Warmans

• Subscribe to our Coin Price Guide, buy Coin Books   Coin Folders and join the NumisMaster VIP Program

• Strike It Rich with Pocket Change, 2nd Edition

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I like ice cream. I tend to eat too much of it. I don’t need the calories. I don’t need the cholesterol, but what would a birthday or anniversary party be without it?

If I stopped there, or even in the vicinity, I would be fine, but I don’t. My daily walks aren’t so much for general health as to try to undo the damage from the ice cream the night before.

Next time you see me, if it looks like I’ve put on weight, you will know why.

Then there is silver. I like silver. Finding silver coins in circulation after the adoption of the Coinage Act of 1965 was one of the earliest and most interesting periods of my collecting life.

Today, if there were any but the most occasional silver coins to find in change, I would probably still be searching through bank rolls. When that circulation finds period ended at the close of 1968, I had to find something else to do.

Guidance on how to get started and enjoy this great hobby!

Fortunately, Numismatic News happened to be handy to draw me more deeply into numismatics and to teach me things that every newcomer needs to turn himself into a better coin collector.

That didn’t mean I had lost my taste for silver. I used most of my available funds in 1969 to buy a 100-ounce silver bar. It cost me roughly $200. I happened to buy right at the high point of the year. I watched as the price went lower and lower until it fell below $1.30 an ounce.

Why did I buy the bar? Well, I had watched silver soar from roughly $1.30 in 1967 to $2.56 in 1968. The only silver I had at the time was what I was finding in my change. Pre-1965 dimes, quarters and halves were worth $1.83 for every $1 face amount, but they were illegal to melt.

I wanted more. I wanted more

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By: Gregory Kipp

The Professional Numismatists Guild’s definition of coin doctoring as defined in the May 8 issue of Numismatic News is pretty much on target.

In the end, what it seems to come down to is that there are certain things that can be done to a coin under the purview of “coin conservation,” (which I will leave to the experts to define), and everything else is coin doctoring.

Point No. 1 of the PNG’s definition even includes alterations to existing coins in ways that most collectors would consider outright counterfeiting. There isn’t much left once one engages in that level of fraud.

Comprehensive United States coin database listed by type, date, and mint mark!

Point No. 2 covers the issue of using dilute solvents, which may still cause some confusion. Just who is a “qualified professional?” Can collectors dip their coins? Can dealers? Or perhaps only licensed coin conservationists? I’ve seen coins that have been over-dipped and the result is not pretty. The coin grading service I use has, in the past, bagged coins I’ve sent them if they are dipped. Is this all changing now?

Personally, I’m not necessarily against a single dipping of a badly tarnished silver coin if that coin is then sealed and preserved in a collection. Dilute acids are probably also used in spot removal or for other purposes on various coins. But use of these acids, if not deemed an acceptable coin conservation practice, is coin doctoring as original atoms of metal are removed from the coin. Perhaps most important to the industry, logic dictates that applying these acids solely to improve a coin’s appearance for sale is clearly coin doctoring.

Regarding Point No. 3 of the definition, consider the following. If I let a coin sit on my shelf exposed to the ambient environment, it may become toned over time. Would this technically be considered coin doctoring? The answer appears to be yes, given a literal reading of the definition. Most coins are

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Everyone wants a good value in their notes and with additional numbers of collectors finding those good values is getting tougher and tougher. The early small-size $20 of the 1928 and 1934 series might be one exception as while prices have certainly increased in recent years the small-size $20 in most cases still is a good value today and comprises a fascinating and diverse collection as well.

Historically lower denominations have naturally been more heavily collected and saved. It is natural as people tend to start collections with the lowest denominations. In fact, in the case of notes, many collectors were oftentimes limited to lower denominations altogether as they simply did not have a budget to start a $10 or $20 collection.

Even today, the $20 face value will stop many people. Time and greater incomes have begun to change that and with those changes has come greater interest in higher denominations. That said, the $20 is still a denomination that tends to fall between the cracks in collector interest as it is neither a low nor a high denomination. A well-heeled collector might opt for $100 notes while someone on a lower budget might attempt a collection of $2 notes, but very few start or even graduate up to the $20 until they are a very advanced collector.

All of those factors have a serious impact on the $20 today. While prices might seem reasonable especially in circulated grades, the fact is that in many cases the supply for today and tomorrow’s collectors is not as strong as the prices might suggest. Supply is often much lower than we might expect as a small-size $20 was a very expensive note to be saving back during the Great Depression, which began shortly after the United States adopted the smaller size note in 1929.

There is ample proof of the fact as even in the 1950s and early 1960s when many were actively saving Silver Certificates, the denomination usually saved was the $1 and not the $5 or $10. It was not a case

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Baseball players can take a minimum of three swings at the ball before they are out on strikes.

The American Numismatic Association board of governors has decided that just two are enough where the autumn National Money Show is concerned.

The second one is scheduled to be held in Dallas Oct. 18-20.

It will be the last one.

President Tom Hallenbeck announced the decision May 11 at an open board and town hall meeting held in Denver at the spring National Money Show.

The vote had been taken in a late-night closed session of the board that had concluded at 1:30 a.m. earlier that day.

The spring National Money Show could be the next one to go even though it has been an institution for three decades.

Money is the culprit.

The fall National Money Show was not financially viable and the spring one is deteriorating.

There was no auction at the Denver event. The ANA misses the auction fee that this generates and the dealers on the bourse floor miss the people that auctions attract.

Another missing feature at the Denver show was the lack of same-day, walk-through grading service by the Professional Coin Grading Service and Numismatic Guaranty Corp.

The absence of this service persuaded another group of regular dealer attendees not to go to the show, chipping away at business.

As a result, the May 2013 National Money Show in New Orleans could be the last one.

A decision one way or the other will likely be taken when the board of governors meets in August at the ANA World’s Fair of Money in Philadelphia, Hallenbeck said.

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Rosie Rios spent some quality time with the nation’s coin collectors yesterday at the American Numismatic Association’s National Money Show in Denver.

It’s a good thing, too. There are still many people who do not know who she is.

One of her activities yesterday was signing autographs at the U.S. Mint/Bureau of Engraving and Printing area on the bourse floor.

While I was there I heard one married couple discuss who it was they were about to meet.

“Who is it?” asked the husband.

“It’s the Secretary of the Treasury,” whispered the wife.

I am sure that would be news to Timothy Geithner, the current Secretary of the Treasury, but most Americans, collectors included, have great difficulty distinguishing between the two posts.

Treasury secretary is a part of the President’s cabinet. He runs the Treasury Department and helps forumulate national economic policy that include major initiatives like the bank bailout of 2008.

Treasurer of the United States is a post that is part of the Treasury. Rosie Rios, like other occupants of her office, has the privilege of signing U.S. Federal Reserve Notes. Hers is the signature on the left side of the note while the Treasury secretary’s signature is on the right.

But what does she do?

As she noted at the ribbon cutting that opened yesterday’s convention, she oversees the operations of both the U.S. Mint and the Bureau of Engraving and Printing. She also noted how proud she is that 1,000 of the 4,000 employees are military veterans.

Yesterday afternoon, Rios went to the Denver Mint to unveil a news display on the public tour.

For the first time since before the 9/11 terrorist attack in New York City, gold bars have been put on display. Rios pulled the cord to open the black curtains that revealed three 400-ounce gold bars in a closet sized vault. At current prices, the three bars are worth just over $1.9 million.

Denver Mint plant manager David Croft pointed out that the three bars were shipped in from the U.S. Mint’s working gold supply at West Point and did not come from the gold that is in deep storage in Denver.

What’s the

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A 1983 copper-alloy cent has been found by a Pennsylvania collector who had purchased a copy of Strike it Rich with Pocket Change that was co-authored by Dr. Brian Allen and me.

It is the second one known to exist. All cents made in 1983 should be of copper-coated zinc.

The collector, who wishes to remain anonymous, made her discovery several weeks after acquiring the book.

She reports that she found the copper cent after reading our account of how Billy Crawford of South Carolina found one by setting all the 1983 cents to the side, while looking for doubled dies and other varieties in circulated rolls, so that he could weigh them all later.

The cents struck from 1963 through about mid 1982 are of a solid brass composition made up of 95 percent copper and 5 percent zinc. They weigh 3.11 grams. The cents struck from about mid 1982 to date are struck on planchets made up of a solid zinc core (with a trace of copper) that are barrel plated with pure copper and weigh 2.5 grams.

Crawford hoped that his efforts would result in him finding a transitional error of a 1983 cent struck on a planchet left over from the early part of 1982 before the copper plated zinc cents were introduced later in that same year. Eventually he found one and we detailed his story on the find on Page 64 of the second edition and on Page 75 in the third edition of our book.

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In our book we placed a possible value of $15,000 on an AU/Unc. example but it was just a guess. The owner now has this coin slated for sale in an upcoming Heritage auction, so we’ll see how this one goes and report on the result.

This story has been unfolding for a while. The finder of this second example first contacted me Aug. 6, 2010.

I took it with me to the American

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The United States Mint has announced the designs for the 2012 First Spouse Gold Coins.

The coins honor Alice Paul and the suffrage movement, Frances Cleveland (first term), Caroline Harrison and Frances Cleveland (second term).

The obverses of the 2012 24-karat First Spouse Gold Coins feature portraits of Alice Paul and the first spouses.

The Presidential $1 Coin Act of 2005 states that in the case of President Chester Arthur, who was widowed before he took office, the obverse design for his corresponding First Spouse Gold Coin incorporate the name and likeness of Alice Paul, a leading strategist in the suffrage movement who was born during his term. The reverse design is to be representative of the suffrage movement.

Everything you need for collecting U.S. coins is on this book.

Inscriptions on the coin honoring Alice Paul and the suffrage movement are her name, IN GOD WE TRUST, LIBERTY, 2012 and SUFFRAGIST. Inscriptions on the other three coins are the name, the order and years of the spouse’s time as first lady, the year of minting or issuance and the standard inscriptions IN GOD WE TRUST and LIBERTY. The reverses bear unique designs emblematic of the suffrage movement and each first spouse’s life and work, with the inscriptions UNITED STATES OF AMERICA, E PLURIBUS UNUM, $10, 1/2 oz. and .9999 FINE GOLD.

The obverse of the Alice Paul gold coin was designed by Mint Artistic Infusion Program (AIP) Master Designer Susan Gamble and sculpted by Mint Sculptor-Engraver Phebe Hemphill. The reverse, designed and sculpted by Hemphill, depicts a participant marching in the suffrage parade, holding the flag and wearing a banner that says VOTES FOR WOMEN.

The obverse of the first Frances Cleveland Coin was designed by AIP Master Designer Joel Iskowitz and sculpted by Mint Sculptor-Engraver Don Everhart. The reverse was designed by AIP Associate Designer Barbara Fox and sculpted by Mint Sculptor-Engraver Michael Gaudioso. The design depicts the working women’s receptions that Mrs. Cleveland held at the White House.

The obverse of the

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A $10 gold piece insured for $3 million and perhaps once belonging to President Theodore Roosevelt will be displayed May 31-June 2 at the Long Beach Coin, Stamp and Collectibles Expo.

The coin is a proof 1907 Indian Head $10 with a rolled edge.

“There are only about 50 known rolled edge 1907 eagles, and this is one of only two known with satin proof surfaces and graded NGC Satin Proof-67. It will be exhibited by Monaco Rare Coins of Newport Beach, Calif.,” said Ronald J. Gillio, the Expo’s general chairman.

“This important and monumental rarity was not discovered to be a proof finish until several years ago. It was previously misattributed as Mint State,” said Adam Crum, vice president of Monaco Rare Coins.

Market valuations in two states of preservation!

“Some researchers believe this coin may have been owned by President Theodore Roosevelt, who asked acclaimed sculptor Augustus Saint-Gaudens to design the eagle and double eagle coins that were introduced in 1907. One prominent numismatist told me, ‘After all the research we did, your coin has to be Teddy’s.’ Obviously, more research is required,” Crum said.

An adult grading contest will be held at the show by the Professional Coin Grading Service. Prize for the winner will be a $20 Saint-Gaudens double eagle graded PCGS Secure Plus MS-65. There also will be grading competitions for high school and pre-high school Young Numismatists. The winner in each category will receive a PCGS-certified MS-65 Morgan dollar.

Heritage Auctions will conduct the official Expo sale.

After a 10-year absence, a sports collectibles section will be part of the Expo.

Public hours will be Thursday and Friday, May 31, and June 1, from 10 a.m. to 7 p.m., and Saturday, June 2, from 10 a.m. to 5 p.m.

Public admission is $8 (good for all three days); $6 for members of any coin or stamp club; $4 for seniors 65 and older and for children ages 8 to 16. Free admission is available for PCGS

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