Professional Numismatic Guild Agrees with Changes Made to Currency

Involved in the coin industry for the past decade, Saint Kota Jovite Youngblood works as president of Youngblood Metals Mining based out of Monrovia, California. A lifetime member of several professional coin-grading associations, Saint Kota Jovite Youngblood maintains membership with the Professional Numismatic Guild (PNG).

Founded in 1955, the PNG began as an idea from Abe Kosoff who joined with other coin dealers to offer a professional group for those who enjoyed collecting coins. The nonprofit organization first presented membership strictly through invitation and later on allowed all professional numismatists, or coin collectors, membership. Today, in order to join, members must have experience in the field, must certify that they have significant financial wealth, and must receive a majority vote by present members.

In April 2016, the PNG issued a statement regarding the recently announced addition to the $10 bill of an image of the historic march for suffrage. The U.S. Treasury Department’s new note would honor Lucretia Mott, Sojourner Truth, Susan B. Anthony, Elizabeth Cady Stanton, and Alice Paul. The front of the bill would still have Alexander Hamilton. The $5 would honor events at Lincoln Memorial and have Marian Anderson, Eleanor Roosevelt, and Martin Luther King, Jr. featured, and the $20 would contain images of the White House and President Andrew Jackson. The PNG applauded the changes since it would help to educate the public about people, places, and events pertinent to U.S. history.

Comments

A Primer on Coin Grades

As an experienced buyer and seller of a variety of coins and antique jewelry, “Kota” Saint Jovite Youngblood works to supply collectibles to a network of dealers. His company, Youngblood Metals Mining, has been in business in Monrovia, California, for seven years. Saint Jovite Youngblood’s previous experience with coins includes a management position with Miracle Mile Coin Center in San Marino. Professionals grade previously circulated coins according to a standard scale that descends from 70 down to 1 and includes a system of descriptive adjectives. These descriptors range from “AU,” or “about uncirculated,” all the way down to “PO-1,” or so “poor” that most if not all of the identifying features have weathered away, making a piece close to unrecognizable. Not surprisingly, most coins on the market today fall somewhere between these extremes. The second-highest grade achievable, “XF” (sometimes abbreviated “EF”) indicates that a coin is “extremely fine.” Such coins display only mi...

Clayton Kershaw's Three Cy Young Awards

After serving for a decade as a finance director, "Kota" Saint Jovite Youngblood transitioned into the collectible coin and antique industry. Currently leading Youngblood Metals Mining as president, Saint Jovite Youngblood is an avid Los Angeles Dodgers fan. A seventh overall pick in the 2006 Major League Baseball (MLB) Amateur Draft, Clayton Kershaw has been a pillar of the Dodgers' starting rotation since his MLB debut in 2008. With a career record of 126-60, he has posted a sub-3.0 earned run average (ERA) in the past eight seasons. During that time, Kershaw has won three Cy Young awards as the best pitcher in the National League. Kershaw won his first Cy Young in 2011 after posting a 21-5 record to go along with a 2.28 ERA and a league-best 248 strikeouts in 233.1 innings. Two years later he won the award for a second time, backed by a league-leading 1.83 ERA. The following year, in 2014, Kershaw had a career-best season in which he won both the Cy Young and Mos...

PCGS Grades Rare Double Eagle Coin

For more than a decade, “Kota” Saint Jovite Youngblood has been working in the collectibles and wholesale antiques industry. He spent three years serving as the general manager of Miracle Mile Coins in California and he currently serves as the president of Youngblood Metals Mining. An active member of the professional community, Saint Jovite Youngblood belongs to PCGS. Professional Coin Grading Services (PCGS) has been the leading coin certification service in the United States for more than three decades. One of the rare gold coins that the organization has graded is the 1861 Philadelphia Mint Paquet Reverse Double Eagles. Earning a grade of MS67, the coin is insured for $8 million and was once owned by Egypt’s King Farouk. The 1861-P Paquet Double Eagle is the rarest of all U.S. Double Eagle coins. It was originally thought that the coin’s appearance was due to a unique pattern. Experts later discovered that the coin was meant for circulation, but, upon the discovery of a defect ...

Saint Jovite Youngblood | Blogger

Search This Blog