While trying to decide on what to post about on Numismatic Monday I thought, “Why not post about my two favorite pastimes in one article?”
After congratulating myself on such an excellent idea I was left with the dilemma of what exactly to write about. I did not do any shooting this weekend (I went to a Bible Teaching conference near Hagerstown, MD). I certainly don’t want to complain about the price of 7.62 ammo, that is like shooting fish in a barrel, everyone is complaining about the lack of availability and ever increasing price of 7.62×39 ammo.
Just then old_painless and his website The Box ‘O Truth came to mind and remembered that he tested an age old tale of shooting dimes from a 12 gauge shotgun as a self defense load. Well, old_painless just can’t resist shooting things out of a 12 gauge that aren’t really supposed to be shot, so away he went. And his buddy, Tman, took pictures for all of us to see.
You can see the entire day’s shooting at old_painless’s website, the boxotruth.com or you can follow this link to see the dime question answered.
(Newport Beach, California) — Professional Coin Grading Service of Newport Beach, California (www.PCGS.com) is offering a $10,000 reward for the first person who submits for verification a genuine, Sacagawea golden dollar coin mistakenly struck with the edge lettering intended for the new Presidential dollar coins.
The coins depicting Native American, Sacagawea, who assisted Lewis and Clark on their exploration of the Louisiana Purchase, are supposed to have smooth, plain edges. The new Presidential dollars have incuse edge lettering that includes the year of minting and the mottos, In God We Trust and E Pluribus Unum.
“Even with the Mint taking steps to carefully produce coins, valuable errors like these could happen. We’ve already seen, certified and graded some Presidential dollars that have no lettering on the edge,” said Ron Guth, PCGS President.
“The United States Mint is still making the plain-edged Sacagawea dollars while also striking literally hundreds of millions of the Presidential coins. Sooner or later, we believe a Sacagawea coin will be erroneously made with lettering on the edge, or will be over-struck with the both the Sacagawea and Presidential designs on the same coin. We’ll pay $10,000 just to be the first to authenticate them.
PCGS also is offering a $2,500 finder’s reward for the first blank Presidential dollar it receives where there is only the edge lettering but no design on the front or back.
“It’s possible that a planchet intended for a Presidential dollar might only get struck for the lettering around the edge, and not go through the earlier ‘heads and tails’ part of the minting process,” explained Guth.
“We’re asking the public, collectors and dealers to carefully look at their money. You could find a fortune in your pocket change if it’s the ‘right’ dollar that’s been made wrong.”
That is a hefty reward for something that can only theoretically exist. But with the thousands of errors already reported with the new Washington Presidential Dollar being only months old the likelihood of such on error existing is very good.
Presidential Dollars by the stack are found without edge lettering.
Technically this error would be called a “mule”, a single planchet struck with dies intended for different coins. While the obverse and reverse would be for the Sacagawea, the incuse lettering would be made by the machinery for the Presidential Dollars.
The newly authorized $1,000,000 Canadian Gold Coin.
No, really.
The “mega-loonie” as it is being dubbed, has been voted on and passed by the Federal Cabinet and orders the Mint to produce the $1,000,000 gold coin.
The Royal Mint will only comment that it has permission to mint the coins. No word was given on how many may be pressed or for how many years the program has been authorized.
According to CBC News the coin is not designed for commerce but for collectors and for the notoriety to have issued a $1,000,000 coin.