This Week In Coin News

This week in the coin world we had a couple of interesting finds, old coin hoards were found in two different places, the U.S. Department of the Treasury announced a new Deputy Director, and the U.S. Mint talked about their production numbers.

U.S. Mint Nears Record Production Numbers

The United States Mint tweeted yesterday morning (the 28th) about their production numbers of coins, insisting that they’re not the problem for the coin shortage many have been experiencing around the country. 

On Monday, Oct. 25, the U.S. Department of the Treasury announced the appointment of Ventris Gibson, to serve as Deputy Director of the U.S. Mint. The following is part of that press release.

“Ms. Gibson brings decades of senior federal service to the role and is a United States Navy veteran. She will serve as Acting Director, making her the first Black person to head this bureau.

“Ventris’ decades of federal service will be an asset to the U.S Mint and the dedicated workers who carry out its operations,” said Deputy Secretary Wally Adeyemo. “Her historic appointment reflects our ongoing commitment to building a qualified, diverse workforce at Treasury and its bureaus that will serve the American people well.”

“Thank you to the Secretary of the Treasury for entrusting me with this important responsibility,” said Ventris Gibson. “I am delighted to join the U.S. Mint and excited to continue connecting America through coins alongside the highly dedicated and professional workforce of this agency.” 

Prior to joining the Mint, Ms. Gibson served as the Director of Human Resources for Washington, DC’s Department of Human Resources. During her tenure with the DC government, she provided executive oversight and execution of human capital programs and services for nearly 37,000 employees.

Ms. Gibson, a United States Navy veteran, also previously served as the Associate Deputy Assistant Secretary for Human Resources for the U.S. Department of Health and Human Services. In this capacity, she was responsible for the development, articulation, and delivery of Department-wide human resources policies, plans, and programs.”

Coin Hoard Found From Late Middle Ages

More than 6,000 silver coins from the late Middle Ages were found recently on a farm in Rainbach, Austria.

The Coins were found in the foundation when renovation was being done on the farmhouse. The silver coins were kept wrapped in fabric inside a lidded clay pot. 

The coins were turned over to the OÖ Lande-Kultur GmbH museum in Upper Austria, also known as Linz Schlossmuseum. The Museum said in a statement:

“We can only make assumptions about the question of who the former owner was, most likely it was the former owner of the farm or one of his family members; servants as owners can, in any case, be excluded in view of the size," the museum said.

The statement said that “the exact time of the concealment is not yet known. What is certain, however, is that it is from the second half of the 15th century and consists of different types of coins that were then in circulation in the country as a means of payment.”

The museum will not be putting a monetary value on the coins, as they will be used for scientific study, they also stated that the finding of these coins represents “one of the most extensive, late medieval complexes from a rural milieu in our state and beyond,”

Michigan Family Find a WW1-era Ammunition Round Filled With Treasure

A family in Michigan recently found an old WW1-era ammunition round in their house while doing some deep-cleaning. The Family immediately contacted the authorities, believing it was possibly live. 

Here's the tweet by the Michigan State Police:

There's no further information as to what coins were in the round, but the non-live round was turned over to the bomb squad and the treasure that was inside was left with the family.