Welcome to Something About Coins! Here are a few current coin articles circulating the web that you don't want to miss.
The Washington DC 2010 Lincoln Cent exchange has been announced, CoinNews.net reported. This Thursday, Feb. 25, collectors will be able to exchange cash for the new pennies at two locations, like the last DC coin exchange. The U.S. Mint's Headquarters Building and Union Station will open at 10 AM ET and exchange between two and six coin rolls at a time until the supply is exhausted.
NBCWashington.com pondered whether people will save the Lincoln Memorial penny like the Wheat penny was saved, or will it end up at a Coinstar. The article described the new penny's look and the public law that caused it.
NumisMaster.com relayed news that counterfeit euro coins declined by 12% last year per the European Commission. 172,100 fake coins were discovered in 2009, versus 195,900 found in 2008. The 2-euro coin is still the most counterfeited, it said.
The Republic of Liberia released a new series of $5 coins honoring U.S. Presidents. PandaAmerica is distributing them. Each proof-like coin features a colorized portrait of a U.S. President and is made with copper-nickel but covered in pure silver.
Monday's Heritage Blog reported that next month's ANA auction will offer seven 1915-S Panama-Pacific $50 gold coins. Three are round, and four are octagonal. The coins were struck by the U.S. Mint to commemorate the Panama-Pacific International Exposition, a huge celebration held in San Francisco in 1915.
CoinLink featured an article written by Doug Winter about important coin pedigrees. Pedigrees are like legal title chains, he wrote, and then he discussed the some of the big names. Collections by Louis Eliasberg, the Norweb family, the Garrett family, Stanley Elrod, Byron Reed, John Jay Pittman, Harry Bass, and a few others were covered.
SilverCoinsToday.com described the Perth Mint's Leafy Sea Dragon Silver Coin. The 99.9% pure silver coin is the second one in the Australian Sea Life Reef series. The image in the article shows a reverse with a gold and green Leafy Sea Dragon and an obverse with the portrait of England's Queen Elizabeth II.
CBSnews.com posted an article about South Carolina Representative Mike Pitts' efforts to ban federal money in his state. In the interview, Representative Pitts explained why he wants to move away from paper currency and go to gold and silver coins. He fears the U.S. economic system will collapse if the federal government doesn't slow the rate it is spending money.
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