All over the media we read about the death of cash and the advent of a new, cashless, dawn. But Covid-19 has reminded us of how essential cash is to us all and instead of a decline this recent period has shown a near-unprecedented growth in demand.
As a child, did you ever gaze into a fountain in amazement and wonder what you could buy with all the coins glittering at the bottom? Well, one aquarium in the USA is currently using them to care for its animals.
Despite the Covid-19 pandemic, during the first six months of 2020, Heritage Auctions sold more U.S. coins than all other auctioneers combined. The world’s largest numismatic auctioneer also set a record price for this year’s most valuable US coin so far.
Thanks to those who are buying recognition medals, the Royal Canadian Mint is making an initial donation of $100,000 to Breakfast Club of Canada in support of children and families who are facing food insecurity due to the repercussions of COVID-19.
Bob Green, President and CEO announced that Park Avenue Numismatics will launch its Internet Auction platform on July 31. Initially auctions are planned to be conducted monthly. This is a reaction to the changes to be expected after the pandemic.
As the Cash Cycle Seminar has been postponed, the organizers have published a series of short webinars covering some of the time sensitive issues that were due to be discussed during the conferences’ originally planned dates. The webinars are available for free.