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Should the Mint make other large coins like a 5-ounce copper Lincoln cent?
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Only crooks and poor people use cash. Did that statement get your attention? It gets mine. I read a story called “The End of Cash?” in the Dec. 31, 2012, issue of Barron’s, a popular financial weekly. While it wasn’t quite put that bluntly, the article pointed out that for people earning $60,000 a year or more, only 2 percent of point-of-sale payments are made by using cash. Continue reading
News of Larry Shepherd’s lawsuit against the American Numismatic Association certainly has to be disheartening for members who had thought that perhaps a period had been reached when for the first time since 2007 legal and other problems had been put behind the organization. Continue reading
What’s to be made of a Mint report to Congress that basically asks for more time on the assignment given to it? Nobody wants to ask Congress to make important coinage decisions based on less than the best information available. Continue reading
Does prestige mean anything anymore? What I mean by that is that when silver was removed from U.S. dimes and quarters in 1965, the half dollar retained some silver in it for prestige reasons. Continue reading
I once had an acquaintance whose friends said he was a man with three heads. This was said half in amusement and half in mockery.
Why? It was because he always had three opinions about every topic. Continue reading
When I was a kid there were no third-party grading services, no certificates of authenticity and no feeding frenzy over -69 and -70 grades. All the things that I had to learn as a beginner did not involve brain teasers like an inquiry below that was recently emailed to me. Continue reading
Why are so many of the old large cents holed? Many have one hole, but I’ve seen several with two holes in them. Continue reading
Russ Rulau was behaving like a kid again at the end. I don’t mean that at the age of 86 he had somehow lost his adult mental faculties, but he was showing the childlike enthusiasm that we all have felt about numismatics. It was clearly bubbling up within him the last time I visited him. Continue reading
The great lesson of this collection is not how clever, special or wealthy the collector was. It was simply time. He collected his material and held it through thick and thin for many years. Continue reading
He was a Ford vehicle owner. As such, he received a copy of the Fall 2012 issue of Ford Magazine. Being a collector, his attention was immediately drawn to an article on Page 7 that was so short it hardly qualified as anything more than a fun fact. But in his mind, what a fact it is. Continue reading