PNG President Praises New Penny, But Doubts Practicality
Lincoln Penny Design Images for 2009 Circulating Cents
2009 Lincoln penny design images were revealed by U.S. Mint Director Ed Moy Monday morning during a news conference at the Lincoln Memorial. The four reverse designs celebrate a different aspect of Abraham Lincoln's life: his birth and childhood in Kentucky, his formative years in Indiana, his professional life in Illinois and his Presidency in Washington, D.C.
"This is a momentous occasion in the history of our Nation's coinage because these designs represent the first change in the Lincoln cent in half a century," said Director Moy.
"These coins are a tribute to one of our greatest Presidents whose legacy has had a lasting impact on our country. He believed all men were created equal, and his life was a model for accomplishing the American dream through honesty, integrity, loyalty, and a lifetime of education."
Bullion & Business Weekend Report – Sept 20
1851 Augustus Humbert $50 Gold Piece Realizes $460K, Bowers and Merena...
IRVINE, Calif. – Bowers and Merena Auctions, America's leading rare coin and currency auction house, hosted their Beverly Hills Rarities Sale on Saturday, September 13, 2008, at The Tower Beverly Hills. The 933-lot auction of high-end rarities realized a total of $3,317,135.
The spotlight of the auction was on the new discovery 1851 Augustus Humbert $50 Gold piece of the Reeded Edge, 880 THOUS (K-5, Rarity-5) variety graded MS-65 * by NGC that realized $460,000 after an excited round of bidding. Prior to the auction, NGC chairman Mark Salzburg called it "the most memorable coin I have graded all year."
It is the only Humbert gold coin of any denomination with an NGC grade of MS-65 *, and no Humbert gold coins of any denomination or variety have been graded finer than MS-65 at either PCGS or NGC.
Congressman Wants Nickel Replaced with Half-Dime
DGS Authenticates & Grades Rare Lafayette Dollar Variety
Duvall 4-E Variety is Just the Second Reported Specimen
Virginia Beach, VA. The graders at Dominion Grading Service are excited to announce that they have certified the second known example of this very rare variety. The Duvall 4-E variety was thought to be unique until the discovery of this coin, which has been graded AU58 Cleaned by DGS.
According to John Feigenbaum, President of DGS, the coin has "the initial appearance of a mint state coin but the luster is almost too nice and lacks the frosty surfaces of a true mint state. The coin has virtually no wear and has been very lightly cleaned to show evidence of wipe lines upon close examination in proper lighting. The only significant mark on either side of the coin is a 3 mm scratch on Washington's cheek. Without the mishandling, this coin might have otherwise graded MS63."