Norinn Radd

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Posts posted by Norinn Radd

  1. I heard about this on NPR.

     

    http://www.npr.org/templates/story/story.php?storyId=19141322

     

     

    Most of the news stories covering this auction aren't very indepth. Here is a good detailed article I found.

     

    http://www.latimes.com/news/local/la-me-pennies17feb17,0,901394.story

     

    "Husak began squirreling away Buffalo nickels and Indian head pennies as a boy, wheeling and dealing by age 13. After founding an aerospace parts manufacturing company, Husak resumed his hobby in the 1980s, having already sold his coin stash years before for a '54 Cadillac and a down payment on a Chino house. He attributes his show-stopping collection, which was locked away in a bank's triple safe, to luck and timing."

     

    ""I figured I was just happy to get my money back," he said. "Was I wrong." He estimated that he spent a little over $5 million over time to acquire the coins."

  2. Dover, DE -- A Dover businessman is hoping that a $500 treasure could boost interest in coin collecting.

     

    Coin dealer Steve Bryan admits it's a publicity stunt that could raise interest in his shop. He says he put a rare penny into circulation and wants to hear from the person who finds it -- even if the finder doesn't want to sell it back to him. The coin is a 1914-D Lincoln penny worth $500 dollars.

     

    Bryan says he spent it somewhere in Dover Monday. Bryan is the same dealer who garnered national attention this year when he bought some $100 dollar bills with missing serial numbers from people who got them at an area slot machine parlor. Bryan contacted federal agents about the bills, resulting in the conviction of a Treasury worker who stole them from a printing office.

     

     

    1914d_cent_obv.jpg1914d_cent_rev.jpg

  3. I like the british sovereign because it's a unique, great design.

     

    The reverse design of the British Sovereign with St. George slaying the dragon is a classic!

     

    It's my favorite gold coin! cloud9.gif

     

    I only own two so far (1918 George V), but I'd like to have a full roll of them. A father and son from RI each had one up for sale on eBay, so they were shipped together.

  4. A coin can be expensive due to low population or demand, or a combination of both. The 1909-S VDB cents have a high population, but demand is also high, making them expensive. The high-relief Saints are in a similar boat.

     

    James

     

    Point taken. But for a little more money you could have a 1907 Wire Rim Indian Head Eagle, of which only 500 were minted.

     

    I'm trying to figure out some of the disparities between rarity and pricing. I guess it boils down to popularity.