US Mint Sales: 2011 Sets Draw Solid Numbers

Newly released coins and sets dominated the sales charts in the latest round of figures published by the US Mint. Several older-dated numismatic products also picked up a touch. Although the new US Mint annual sets have started slower, weekly sales increases continue to top the 20,000 level2011 Proof Sets added 20,473 versus the previous weekly gain of 21,784. Collectors have ordered 321,280 at a price tag of $31.95 each since their release on Jan. 11, giving the US Mint a $10.2 million boost in revenue. Last year’s issue, which is still available, rose 2,752 against 3,043. Their tally stands at 1,060,329. 2011 Silver Proof Sets rose...

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NGC Grading On-Site at ANA National Money Show

NGC will offer grading and Details Grading, as well as encapsulation in their state-of-the-art holder. All coins submitted for on-site grading will be evaluated for Plus Designation at time of grading. NGC will offer on-site grading and encapsulation at the ANA National Money Show, Thursday, March 17, through Friday, March 19, 2011. Please check with NGC Customer Service for daily submission cut-off times. NGC will be at booth #100. NGC will be offering NGC Details Grading for coins that exhibit detrimental surface conditions. This service is provided automatically and at no additional charge for all on-site grading submissions....

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New Generation Notes cause New Controversies

The already controversial note may become even more controversial as new criticism on the notes slogan “PINAGPALA ANG BAYAN NA ANG DIYOS AY ANG PANGINOON.” (Blessed is the Nation whose God is the Lord.) In the February 03 episode of the 700 Club Asia, “IKAW, PERA AT AKO!” where Lito Bunag, the designer of the New Generation currency explained how the new notes differ from the previous issues. He cited that instead of the usual I.O.U.'s phrase “ANG SALAPING ITO AY UMIIRAL SA PILIPINAS AT PAMBAYAD SA LAHAT NG URI NG PAGKAKAUTANG.” the new notes now carry the phrase “PINAGPALA ANG BAYAN NA ANG DIYOS ANG PANGINOON” which is according to the program was derived from the bible itself. Makulay, madetalye at maganda na ang bagong bihis ng ating pera. Pinabatang larawan ng mga presidente, may burdang...

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Anti-Bacterial, Environment Friendly, & Economical New Notes

Recent interviews of the designer of the new Philippine banknotes Lito Bunag himself, defend that the the details of the new banknotes was not intentionally undermining important facts and empirical data. Somehow, critics have affected the decision of the BSP to release the new banknotes. New notes have never seen mass circulation and have been obtainable only through online auctions such as Ebay or directly from either banks or the Central Bank. The errors were not directly admitted by the designer but Design Systemat President Lito Buñag said, “Bank note printing is not like printing a brochure,” as his respond to critics citing that the...

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