Business & Bullion Weekend Report – Nov 15
US Mint Last Chance Sale Begins, Clearance Coins Listed
The United States Mint's last chance coin clearance sale kicked off early Saturday morning with a massive list of over 150 old and new coins and products.
The Mint announced its sale Monday along with plans to slash coins from its 2009 numismatic portfolio, including 22 American Buffalo and American Eagle gold and platinum collector coins.
The Mint has dubbed its limited-time, first come, first serve offer as the "Last Chance Sale." The sale continues through to December 19 and includes coins and product dating between 1999-2008. The Mint has said old inventory not sold will be melted shortly after, which will ease its January transition to a new fulfillment center in Plainfield, IN.
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First Bicentennial Ike Dollar "Waffle" Coin Found
The first known 1976 Bicentennial design Eisenhower dollar "waffle coin" has been reported by Brian Hendelson, President of Waffle Coin Co. of Bridgewater, New Jersey. It was discovered during the continuing examination of Mint-canceled coins obtained by Classic Coin in 2003, each with the distinctive corrugated, waffle-like pattern left by the Mint's cancellation process,
"It is a Variety Two, dual-dated 1776-1976 Philadelphia Mint Ike dollar, and the first Bicentennial Ike discovered as a Mint-cancelled coin. I got pretty excited when I realized what I was holding," said Hendelson. "It's the only one I've ever found."
"The mint takes in coins for exchange that are also waffle canceled. This is, thus far, the only Bicentennial dollar we are aware of that has gone through this cancellation process," said Dave Camire, NGC mint error consultant and President of Numismatic Conservation Services.
Hendelson also discovered a small quantity of 1999 Susan B. Anthony dollar waffle coins.