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February 18, 2008: Large Cents Sell for $10.7 Million, Finest Known 1932-D Washington Quarter, Presidential Dollar Burglar
By admin | February 18, 2008
Welcome to your weekend and Monday edition of Coin Update!
The big story is the auction results for a collection of 301 Large Cents. This story has even made the rounds at several mainstream news sources. Platinum’s rise continues, more on the high cost of cents, finest known key date Washington Quarter, the Presidential Dollar Burglar, and notable auctions. On to the links…
The sale of a collection of 301 Large Cents for $10.7 Million made a big splash. The story was even picked up by USA Today. Here’s a longer piece from the Los Angeles Times. About.com Coins also gives some background on the Frightened Liberty Pennies and a link to the full auction results.
Where will platinum stop? Today the price exceeded $2,100 per ounce.
Dave Harper takes a look at some of the implications of the recent mainstream attention given to the production costs of the cent.
The finest known key date 1932-D Washington Quarter goes up for auction on April 14, 2008. The coin is graded PCGS MS66 and has a population of 1 with no coins graded higher.
Numismatic News takes a thought provoking look at Southern Gold Dollars.
A burglar breaks into a bank and steals $1,000 in Presidential Dollars. Coinflation suggests the US Mint develop a marketing campaign around the story.
Coin of the Day features an 1851 Large Cent as a timely, weekly vintage coin.
And to wrap things up, some notable auctions. Can’t find rolls of Monroe Dollars at your local bank? Here’s an eBay auction for original bank wrapped rolls at a modest mark up with low shipping costs.
A beautifully matched 1950 Proof Set Graded PCGS PR66 - PR67.
That’s it for today. See you tomorrow!
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