Monthly Archives: February 2008
Couple Pays Taxes with 1,700 Sacagawea Coins
Bowers and Merena to Auction Finest Known 1932-D Washington Quarter at...
IRVINE, Calif. – Bowers and Merena Auctions, America's leading rare coin auction house, announces that it will auction the only 1932-D Washington Quarter graded MS-66 by PCGS in its upcoming Chicago Rarities Sale on April 15, 2008, in Rosemont, Ill.
The 1932-D Washington Quarter, Population 1/0 at PCGS, is part of the No. 1 ranked “Marquette-Yakima” NGC Registry Set of Washington Quarters 1932-1964, an extraordinary collection that contains a multitude of quality PCGS- and NGC-certified Washington Quarters, including some Population 1/0.
The complete collection will be auctioned in individual lots in Bowers and Merena’s Chicago Rarities Sale.
New Hologram Snowboarding Coin from the Royal Canadian Mint
The Royal Canadian Mint (RCM) launched the Olympic Snowboarding 25-cent coin into circulation on Feb. 20, 2008. Now the Mint is offering a special limited edition $25 silver hologram snowboarding coin as well.
Like its circulating 25-cent cousin, the innovative hologram coin celebrates the XXI Olympic Winter Games in Vancouver, British Columbia.
The $25 sterling silver coin is part of the Silver Hologram Coin Series, which includes 15 different designs or themes. The snowboarding theme is the first for 2008 and the sixth in the hologram series that will continue through the end of 2009. Only 45,000 coins will be minted for each theme.
Ron Paul Introduces ‘Tax-Free Gold Act of 2008’
Lincoln Portrait Made by Father and Son Using 2,400 Pennies
Husak Large Cents Soar Past $10.7 Million At Heritage’s $25 Million...
Dallas, TX. The auction room was jammed with hundreds of bidders before the first lot of the Large Cent Collection of Walter Husak was offered at Heritage's Official Auction at the February 14-16, 2008 Long Beach Coin Expo. When the last of his 301 Large Cents were sold, most every record known had been shattered, with a total prices realized exceeding $10.7 million. Bidders described the prices as "astronomical," "incredible," "feverish," and "stunning."
Total prices realized for the entire Long Beach auction are currently at $25,000,000.
1838-O Branch Mint Proof Reeded Edge Half and Husak Large Cents...
Dallas, TX. Bidding described as "astronomical," "incredible," "feverish," and "stunning" greeted the long awaited Large Cent Collection of Walter Husak at Heritage's Official Auction of the February 14-16, 2008 Long Beach Coin Expo.
Prices Realized from the Husak consignment exceeded $10.7 million, and another $4.6 million from the Southwest Collection, with these two incredible consignments (out of 220 consignors) accounting for half of the proceeds.
After adding proceeds from the Token and Medal session, the Final Session Auction and all Post Auction Buys, the total prices realized are expected to exceed $25 million.
Are Dollar Coins Making a Comeback?
New Presidential $1 Coins are certainly a hit with many collectors, but their acceptance elsewhere since they were first introduced in 2007 has been slow.
Frightening slow... and very similar to previous failed attempts at thrusting dollar coins into the publics hands.
Like the Susan B. Anthony and Sacagawea golden dollars, Presidential $1 coins face a daunting and nearly impossible task of competing with the one dollar bill.
Regardless of the historical and interesting aspects of any dollar coin, handling and using paper bills in every day life is simply too convenient. When it comes to the dollar, most people want to use and receive paper in transactions, not coin.
Royal Canadian Mint Releases Olympic Snowboarding 25-Cent Coin into Circulation
Today, Feb. 20, 2008, the Royal Canadian Mint (RCM) announced the release of the first circulating 25-cent Olympic coin of 2008. The quarter-dollar showcases the sport of snowboarding and is the sixth released in a series of seventeen circulating coins commemorating the Vancouver 2010 Olympic and Paralympic Winter Games.
Up to 22 million of the snowboarding coins are expected to enter circulation. In addition to receiving the coins in daily change, the 25-cent coins are available through RBC, a Premier National Partner, and participating gas stations of Petro-Canada, a National Partner of the Vancouver 2010 Olympic and Paralympic Winter Games.