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Barber dimes, quarters and halves are heating up. Is it smart to start collecting them now?
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Letters to the Editor
- Letters to the Editor (12/02/14) Formula calculates number of copper cents in rollWhen visiting the bank I still ask for a few rolls of Lincoln cents when making my transactions. Cherry-picking for cents by the community at large has yielded some impressive results, and as we enter 2...
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Author Archives: Pat Heller
The U.S. Dollar Index closed last Friday at 84.25. For the ninth consecutive week, the Dollar Index has finished higher than the quote from the end of the previous week. This is the longest string of consecutive weekly increases since … Continue reading
From July 29 to Sept. 2, managed money traders (which include large hedge funds, commodity pool operators, commodity trading advisors and similar companies) decreased their net long position in COMEX silver contracts from 14,063 to 6,542. Since each contract represents … Continue reading
Eight weeks ago, my column in the Numismatic News/NumisMaster e-newsletter discussed how future nanotechnology capability could make it possible to counterfeit coins that would be indistinguishable from the originals even if analyzed at the atomic level. (Read the article here.) … Continue reading
Two weeks ago, Rand Merchant Bank, a subsidiary of FirstRand Bank, Ltd., South Africa’s second largest bank, listed on the Johannesburg Stock Exchange a new five-year security called FirstRand Gold Bond. This issue is limited to 2 billion rand (about … Continue reading
Numismatic price guides and reporting services are just that – guidance on value rather than absolute guarantees of price. In even the best circumstances, there is not any single price guide or reporting service that can tell a collector or … Continue reading
At last week’s American Numismatic Association World’s Fair of Money in Rosemont, Ill., I was able to gather many more details on the evolution of the Minnesota coin dealer registration law that became effective July 1. Apparently, Minnesota was the … Continue reading
In mid-July, my column discussed the huge increase in short sales of silver commodity contracts on the COMEX during June and into early July. The net increase of 240 million ounces of paper silver owed to buyers of these contracts … Continue reading
I have previously written about the educational value that collectors can obtain by visiting their local coin shops, even if it turns out that a local dealer is not really able to serve a particular collector’s interests. Coin dealers can … Continue reading
From the COMEX exchange’s weekly position reports, the commercial traders increased their net short position from June 3 to July 8 by more than 240 million ounces. This amount represents nearly 30 percent of annual worldwide new silver mining production. … Continue reading
Will nanotechnology develop sufficiently in the future to make it possible to create perfect duplicates that will not be distinguishable from the genuine original coins and paper money? Nanotechnology is technology on the scale of one billionth of a meter. … Continue reading