Episode 123 News Stories
The US may finally see an end in Cent production.
And it’s interesting to me how we go about doing it. The proposed new law would not eliminate the cent, but rather suspend Cent production for 10 years and during it’s hiatus the CBO would evaluate the cost savings to cent production or a lack thereof.
Numismatic News is also reporting that the end of the line for the Langbord Double Eagles may be upon us.
The SCOTUS has declined the opportunity to hear the case which means that the Government will retain ownership of the coins. What would you do with them, and what do you think the right thing for the government is to do with them?
The design competition is now on to create a single commemorative reverse for the 2019 Moon Landing 50th anniversary coins.
The Eisenhower dollar reverse was a nearly exact copy of the Apollo 11 emblem worn by the crew of the historic ship. Although I think it’s kind of a no-brainer for the design, I sincerely doubt that will be the design that we eventually see.
A hoard of gold coins has been found inside of an old piano.
CoinWeek is reporting that 913 gold coins dated between 1847 and 1915 were discovered inside of an old piano donated to a community college in 2015.
So far, noone has come forward to claim the gold meaning that the entire fortune could be claimed by the school.
And finally in the news:
Numismatic News posted an interesting article asking how much money you thought you could lift crediting a newspaper in San Jose, CA in 1910 inspiing many to ponder the amount of actual money that one could lift.