Archive for the 'Coins' Category

OLD COIN COULD BE WORTH A PRETTY PENNY

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Before the switch to steel took place, a handful of cents were minted 
by mistake in copper, making a 1943 Bronze Lincoln cent coin (above) one of the most famous coins in U.S. history: 76 years later, the very
first of these error coins ever discovered will make history when
Heritage Auctions offers the rarity Jan. 10 in Orlando, Florida.


The penny that a Massachusetts teenager found in his change from lunch money could be worth as much as $1.65 million when it is auctioned off.
(Fox News)

posted by Bob Karm in Auction,Coins,Collectibles,CURRENT EVENTS and have No Comments

RARE NICKEL SOLD FOR BIG BUCKS TODAY

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(Fox News) – An extremely rare nickel up for auction in Philadelphia fetched
$4.56 million from an anonymous buyer Wednesday.

The Stack’s Bowers Galleries offered the Eliasberg 1913 Liberty Head Nickel
for auction during the American Numismatic Association’s World’s Fair of
Money.

According to Brian Kendrella, president of Stack’s Bowers Galleries,“This is
truly a momentous sale and one for the history books.” He said “The new
owner of the Eliasberg nickel now possesses one of the rarest, most valuable United States coins, and one of only three examples of this coveted coin in
private hands.”

The coin is named for financier Louis E. Eliasberg, who bought the coin in
1948, and amassed one of the greatest coin collections in U.S. history.

This special nickel is one of only five ever produced at the Third Philadelphia
Mint.

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Brian Kendrella

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posted by Bob Karm in Auction,Coins,Collectibles,CURRENT EVENTS and have No Comments

EXTREMELY RARE COIN TO BE AUCTIONED

  


Described as the most valuable U.S. nickel in existence, a rare nickel
(above) from 1913 is expected to sell for between $3 million and $5
million at auction.

The auction house
stated the Eliasberg 1913 Liberty Head Nickel, one
of only five ever produced, will be auctioned by Stack’s Bowers
Galleries in August. “The other four 1913 Liberty Head Nickels have
gone on to private collectors and museums, including the Smithsonian”.
  

Named for Louis E. Eliasberg Sr., the banker and famed coin collector
who bought it in 1948, the nickel will be auctioned at the American
Numismatic Association’s World’s Fair of Money, which runs from
Aug. 14 to 18 at Philadelphia’s Pennsylvania Convention Center.
(Fox News)

Related image
Louis E. Eliasberg, Sr. (1896–1976).  Baltimore, Maryland

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posted by Bob Karm in Auction,Coins,Collectibles,CURRENT EVENTS,Fincncial and have No Comments

ANCIENT GOLD COIN UNCOVERED IN EGYPT

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(Fox News) – Archaeologists in Egypt have unearthed a 2,200-year-old gold
coin depicting the ancient King Ptolemy III, an ancestor of the famed
Cleopatra.

The coin, which bears the image of the King on one of its faces, was
discovered during the excavation of a large Greco-Roman building at the
San El-Hagar archaeological site in Northern Egypt.

Ptolemy III ruled Egypt in the 3rd century B.C. Egypt’s Ministry of Antiquities
says that the coin was made during the reign of King Ptolemy IV in memory
of his father. Ptolemy IV
reigned from 180 to 145 B.C.

The Ministry explained that archaeologists also found pottery vessels,
terracotta statues, bronze tools, a stone fragment engraved with
hieroglyphs and a small statue of a ram at the site in the Nile Delta.

The value of the coin has not yet been revealed. 

Related image
Ptolemy III Euergetes ("Ptolemy the Benefactor")
Born 284 BC.

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Cleopatra VII Philopator, Born 69 BC –
Died at age 39.

posted by Bob Karm in Archaeologists,Artifacts,Coins,HISTORY,Royalty and have No Comments

RECORD-BREAKING COIN AUCTION

BALTIMORE (AP) – A rare 1804 silver dollar fetched almost $3.3
million dollars in what officials say is a record-breaking coin 
collection auction.

A five-part sale of the D. Brent Pogue coin collection that ended
Friday netted a total of almost $106.7 million.

The five auction events were held over the past two years by
Stack’s Bowers Galleries of Santa Ana, California, in conjunction
with Sotheby’s in Baltimore.

Friday’s final auction yielded about $21.4 million, including the 1804
dollar, an 1811 half cent that brought $998,750, and a 1793 Liberty
Cap cent that sold for $940,000, making it the most valuable
circulated cent ever sold.

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posted by Bob Karm in Auction,Coins,Collectibles,CURRENT EVENTS,HISTORY and have No Comments