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Keyword: usmint

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  • $10 Million Gold Coin Find May Have Been Stolen from San Francisco Mint

    03/04/2014 6:34:12 PM PST · by rktman · 26 replies
    Bretibart.com ^ | 3/4/2014 | Unknown
    A US couple who unearthed gold coins worth more than $10 million might have to return them as they may have been stolen, a report said. The California couple uncovered eight cans filled with more than 1,400 coins on their property, in what is believed to be the most valuable treasure trove ever discovered in the United States. They took them to a firm specializing in ancient coins, Kagin's Inc, which valued them and announced last week that they will sell them, via online retail giant Amazon.
  • $10M Gold Coin Hoard Found in Yard May Have Been Stolen From Mint

    03/04/2014 4:39:40 PM PST · by Extremely Extreme Extremist · 41 replies
    YAHOO NEWS ^ | 04 TUESDAY 2014 | YAHOO NEWS
    A California couple who found a stash of buried gold coins valued at $10 million may not be so lucky after all. The coins may have been stolen from the US Mint in 1900 and thus be the property of the government, according to a published report. The San Francisco Chronicle's website reported that a search of the Haithi Trust Digital Library provided by Northern California fishing guide Jack Trout, who is also a historian and collector of rare coins, turned up the news of the theft. The California couple, who have not been identified, spotted the edge of an...
  • Obama Admin Drafted Memos on Trillion-Dollar Coin During Debt Ceiling Showdown

    12/03/2013 9:45:54 AM PST · by Para-Ord.45 · 30 replies
    http://www.mediaite.com ^ | December 3rd, 2013 | Evan McMurry
    Fans of economic policy may recall that during one of the many recent debt ceiling showdowns, the idea to mint a trillion-dollar platinum coin came to the fore. It turns out that the Obama administration took the idea seriously enough to have the Justice Department’s Office of Legal Counsel draft memos pertaining to its legality, a fact belied by the White House’s out-of-hand dismissal of the option in January. In response to the Huffington Post’s Freedom of Information Act request, the OLC confirmed that memos about the legality of minting a high-value platinum coin had been written since Obama took...
  • The U.S. Mint Halts American Gold Eagle Sales

    04/24/2013 1:11:26 PM PDT · by shove_it · 24 replies
    WallStCheatSheat ^ | 24 APR 2013 | Eric McWhinnie
    The price movement of gold often attracts a great deal of attention. When the precious metal makes a noticeable increase, it regularly leads to perma-bulls calling for the next great explosion. On the other hand, any dips or corrections lead to critics calling for an end to the 12-year bull market. Both sides are debatable, but there is clearly an interest in gold and silver at the U.S. Mint. ~snip~ Due to heavy demand, the U.S. Mint has halted sales of the one-tenth ounce American Gold Eagle, its smallest-denomination gold bullion coin. This is the first time the Mint has...
  • Bid Farewell to Pennies and Nickels!

    11/27/2012 1:30:24 PM PST · by angelcindy · 202 replies
    Wealth Wire ^ | , November 26th, 2012 | Brittany Stepniak
    The U.S. is following Canada's footsteps regarding the production of pennies and nickels. According to U.S. Treasury Secretary Tim Giethner, our U.S. Mint intends to remove the penny and nickel coins from circulation beginning early in January 2013.
  • New George Washington dollar coin missing "In God We Trust"

    03/19/2012 11:47:20 AM PDT · by databoss · 75 replies
    mint | me
    The new dollar coin does not have the inscription In God We Trust....is this a first?
  • US Mint touts cost savings in .999 silver switch

    02/28/2012 7:19:31 PM PST · by DeaconBenjamin · 25 replies
    Coin World ^ | Feb. 27, 2012 7:37 a.m. | By Paul Gilkes
    Switching the fineness of silver in the annual Silver Proof sets and America the Beautiful Quarters Silver Proof set to .999 from the current .900 would produce significant savings in refining and manufacturing costs for the U.S. Mint, according to spokesman Michael White. The move would also open the pool to additional blank vendors, White said. President ObamaÂ’s proposed Fiscal Year 2013 federal budget includes a provision to amend Title 31, Section 5112, so that the dime, quarter dollars and half dollars in the various Silver Proof sets would be required to be composed of no less than 90 percent...
  • Tea Partiers Want A New Dollar Coin And Refuse To Listen To The Free Market In The Process (?)

    10/02/2011 5:09:33 AM PDT · by danielmryan · 48 replies
    Capital Gains And Games ^ | September 28, 2011 | Stan Collender
    Over at TPM, Ryan Reilly has an intriguing post about the interest of some tea partiers for a new circulating dollar coin because it supposedly will save the federal government money.  This follows a story in the Huffington Post from a week ago about how Rep. David Schweikert (R-AZ) introduced a bill that would eliminate the dollar bill and substitute dollar coins.Here's some very personal and U.S. history about the dollar coin and why this is a terrible idea that is really nothing more than a corporate subsidy.Congress in the late 1990s mandated that the U.S. Mint create a new circulating...
  • US Mint SUSPENDS Sales of 5oz & Uncirculated Silver Eagles Due to Plummeting Prices

    09/28/2011 12:39:08 PM PDT · by SouthernmostFreeper · 9 replies
    silverdoctors.blogspot.com ^ | Wed. 9-28-2011 | SilverDoctors
    RENO, NV - The U.S. Mint has temporary suspended the sale of several silver collector coins and sets including the uncirculated American Silver Eagles and the American the Beautiful Five Ounce silver coins. Plummeting silver prices prompted the Mint to initiate several product suspensions on Monday.
  • Dollar coins piling up at Baltimore reserve bank

    09/20/2011 5:17:44 PM PDT · by george76 · 42 replies
    Herald-Review ^ | September 14, 2011
    In a dimly lit underground vault a block from Camden Yards, the Federal Reserve is holding millions of dollars in cash that nobody wants... But a 2005 law requires the reserve bank to keep ordering coins regardless of its stockpile, and so vaults in Baltimore and around the country are filling up. ... a 2008 Harris poll that showed 76 percent of Americans prefer paper money. It costs 30 cents to make a $1 coin, but the Fed purchases it for face value - and the U.S. Treasury pockets the difference. In 2010, the Mint put about 400 million $1...
  • Big Changes Afoot at U.S. Mint?

    08/29/2011 7:29:33 PM PDT · by Atlas Sneezed · 51 replies
    Numismatic News ^ | 8-25-11 | David C. Harper
    The year 2013 might go down in the annals of numismatics as significant as 1933 when gold coinage was suspended or 1965, the year copper-nickel began to displace the former silver coinage. That’s the opinion of Deputy Mint Director Richard Peterson, who has been the top executive at the U.S. Mint since Ed Moy resigned the directorship at the end of last year. He was speaking at his Aug. 19 press conference at the American Numismatic Association’s World’s Fair of Money held in Rosemont, Ill. It will be in 2013 that Peterson will have to go back to Congress with...
  • Pa. family on trial over seized gold coins;US says 1933 “double eagles” stolen from mint

    07/06/2011 6:42:48 PM PDT · by Kid Shelleen · 52 replies
    AP via WAPO ^ | 07/06/2011 | staff
    A jeweler’s heirs with a cache of rare $20 gold coins will fight for the right to keep them when they square off in court this week against the U.S. Treasury. Treasury officials charge that the never-circulated “double eagles” were stolen from the U.S. Mint in Philadelphia in 1933. They could be worth $80 million or more, given that one sold for nearly $7.6 million in 2002. The coins come from a batch that were struck but melted down after President Franklin D. Roosevelt took the country off the gold standard in 1933
  • Ron Paul to probe US Mint Coin shortage

    04/02/2011 12:45:26 AM PDT · by Jet Jaguar · 23 replies · 1+ views
    commodityonline.com ^ | April 2, 2011 | Daniela Cambone
    Rep. Ron Paul, R-Texas, has one question for the U.S. Mint: why is there a coin shortage? He is aiming to get to the bottom of this during a scheduled April 7 hearing of his U.S. House Subcommittee on Domestic Monetary Policy to examine the bullion programs at the U.S. Mint. “We are going to try and find out what the Mint has done so they can give us a better answer as to why there is a shortage. Why can’t they keep the supply of coins up?” said the congressman in an exclusive interview with Kitco News. Demand for...
  • Silver Eagle Sales Slower as US Mint Rations Supplies

    03/12/2011 12:21:17 AM PST · by Jet Jaguar · 3 replies
    goldandsilverblog.com ^ | March 11, 2011 | N/A
    Sales of the United States Mint's American Silver Eagle bullion coins were slower in the latest week. However, the slow down seems to be the result of the allocation program currently in place, as opposed to a reduction in demand. Sales for Gold Eagle bullion coins dropped to the lowest weekly total for the year to date. For the weekly period ending March 9, the US Mint recorded sales of 668,500 of the one ounce Silver Eagles. This compares to 1,509,000 coins sold in the previous week. Since the start of sales for the 2011-dated coins, the US Mint has...
  • Is The U.S. Mint Going To Change The Metal Content Of The Nickel?

    03/09/2011 3:30:16 PM PST · by blam · 51 replies
    EPJ ^ | 3-9-2011 | Robert Wenzel
    Is The U.S. Mint Going To Change The Metal Content Of The Nickel?Wednesday, March 9, 2011Robert Wenzel The current composition of the U.S. nickel is 25% nickel and 75% copper. It currently costs roughly 7 cents worth of this metal combination to make a nickel. Not a very profitable operation for the U.S. Mint. This may be change. The United States Mint announced on Monday that it is requesting public comment from all interested persons on factors to be considered in conducting research for alternative metallic coinage materials for the production of all circulating coins. According to the Mint: These...
  • Intense Physical Silver Demand, But Rising Shorts

    03/09/2011 11:41:32 PM PST · by Jet Jaguar · 14 replies
    rightsidenews ^ | MARCH 9, 2011 | N/A
    Silver reached a new 31-year high of $36.76 an ounce on Monday, extending its explosive run of price appreciation. Since last August, white bullion has gained over 94 per cent. Growing inflation concerns coupled with intense physical demand will likely lead to even higher prices; but increasing bank short positions in the metal mean that investors should watch for price volatility. Last week brought news that the US Mint had again suspended production of its Silver Eagle coins, citing “unprecedented demand” as the reason. In February King World News quoted Dave Madge of Canada’s Royal Mint, who noted that “sourcing...
  • US Wants to Take Your Dollars -- and Replace Them With Coins

    03/09/2011 1:27:21 AM PST · by Jet Jaguar · 85 replies · 2+ views
    AOL news ^ | MARCH 7, 2011 | Joseph Shuman
    Americans are a tight-fisted people when it comes to their dollars. So in order to replace the paper currency with dollar coins -- a long-advocated move that could save the government an estimated $5.5. billion over 30 years -- the General Accountability Office called on Congress, the Federal Reserve and the Treasury to help yank the $1 note from circulation. In the past 20 years, the GAO, Congress' investigative arm, has issued four recommendations for a switch to metal dollars in order to save all the money spent to replace worn-out dollar bills. Dollar bills last longer than they used...
  • U.S. Mint initiates process for major U.S. coinage overhaul

    03/08/2011 1:23:43 AM PST · by Jet Jaguar · 75 replies
    mineweb.com ^ | March 08, 2011 | Dorothy Kosich
    The U.S. Mint has begun the process of research and evaluation, eventually setting the stage for new coin compositions, as well as potentially changing bullion coin allocations. The U.S. Mint Monday announced it is seeking public input on factors to be considered in research and evaluation for alternative metallic coinage materials to be considered in the production of all circulating coins. The announcement, which is a result of The Coin Modernization, Oversight and Continuity Act of 2010, is setting the stage for a major overhaul of the metals composition of coins and how the Mint is going to manufacture them....
  • US Mint Reviews Product Pricing for Silver Coins and Sets

    03/08/2011 1:27:39 AM PST · by Jet Jaguar · 14 replies
    coinnews.net ^ | MARCH 7, 2011 | N/A
    The United States Mint is reviewing the pricing of its products due to soaring silver prices, according to a US Mint official. Sales of at least one of its sets have been suspended until the review process is complete. The Mint currently has a pricing policy in place for its numismatic gold coins. Based on it and the prevailing cost of gold, the US Mint may adjust collector gold coin prices weekly. It does not have a similar pricing system in place for its numismatic silver products. "Recently, the market price of silver has risen substantially. As a result, the...
  • US Mint's silver Eagle coins set for record in November [Sold 4.2 million]

    11/30/2010 4:23:48 PM PST · by DeaconBenjamin · 11 replies · 1+ views
    TD Waterhouse CA ^ | Nov 30 | By Frank Tang
    NEW YORK, (Reuters) - The U.S. Mint's American Eagle silver coins sales are set to rise to a record above 4 million ounces in November, as a European sovereign debt crisis and economic uncertainty prompted individual investors to bet on silver and gold as safe havens. Total sales of the popular one-ounce silver American Eagles rose to 4.2 million coins in November, the highest monthly sales since their introduction in 1986. In October 3.2 million one-ounce Eagles were sold, the Mint's web site showed on Tuesday. The figure does not include sales from Nov. 30 but is already well above...
  • US Mint Raises Silver Eagle Premiums. How Soon Before They Do It Again?

    10/01/2010 7:30:29 PM PDT · by Jet Jaguar · 15 replies
    coinupdate.com ^ | October 1st, 2010 | By Patrick A. Heller
    On Thursday, the US Mint notified its primary distributors that it was immediately raising the premium it charged for the bullion-issue Silver Eagles by 50 cents per coin. The increase brings the total premium that primary distributors pay to $2.00 above spot, or about 9.1%. Almost certainly, there will be a quick increase in the buy and sell prices at which common-date earlier Silver Eagles trade. In my September 10, 2010 CoinUpdate column I had speculated that the US Mint would be likely to raise its premium before the release of the 2011-dated coins in January. I further anticipated that...
  • The Lincoln One Cent Coin—2010 and Beyond

    06/19/2010 2:22:58 PM PDT · by AZ .44 MAG · 73 replies · 1,228+ views
    United States Mint ^ | Unknown | United States Mint
    While the obverse (heads) continues to bear the familiar Victor David Brenner likeness of President Lincoln that has appeared on the coin since 1909, the reverse features a union shield with a scroll draped across and the inscription ONE CENT. The 13 vertical stripes of the shield represent the states joined in one compact union to support the federal government, represented by the horizontal bar above.
  • Obama’s Proposed 2011 Budget Allows Coin Composition Changes

    02/08/2010 9:00:06 AM PST · by qam1 · 24 replies · 993+ views
    Coin Update News ^ | 2/3/10 | Michael Zielinski
    Will the increased cost of base metals finally bring about a change to the composition of coins? President Obama's recently submitted 2011 Budget includes a proposal to allow the United States Mint greater flexibility in the material composition of coins for the purpose of reducing production costs. Since 2006, it has cost the US Mint more than face value to produce and distribute the penny and nickel. This has led many to debate the merits of eliminating the lower denominations or at least altering the compositions. In 2008 a bill was introduced known as the Coin Modernization and Taxpayer Savings...
  • 2010 Presidential Dollar Designs

    01/06/2010 7:17:17 AM PST · by RayBob · 19 replies · 810+ views
    US Mint | 01/06/2010 | Raybob
    The United States is honoring our Nation's Presidents by issuing $1 circulating coins featuring their images in the order that they served in office. The United States Mint issues four Presidential $1 Coins each year, with Presidents Fillmore, Pierce, Buchanan, and Lincoln being honored in 2010. Each coin has a common reverse design featuring a striking rendition of the Statue of Liberty. These coins feature large, dramatic artwork, as well as edge-incused inscriptions of the year of minting, or issuance, E PLURIBUS UNUM and the mint mark. In 2009 "In God We Trust" was moved from the edge to the...
  • United States Mint Announces 2010 Native American $1 Coin Design

    11/27/2009 9:46:18 AM PST · by Military family member · 113 replies · 4,105+ views
    WASHINGTON, Nov. 27 /PRNewswire-USNewswire/ -- The United States Mint today announced the new design that Americans will see on the reverse (tails side) of Native American $1 Coins next year. The design, based on the theme "Government - The Great Tree of Peace," depicts the Hiawatha Belt with five arrows bound together, with the inscriptions UNITED STATES OF AMERICA, $1, Haudenosaunee and Great Law of Peace. The United States Mint will commence issuing these coins in January 2010, and they will be available throughout 2010.
  • U.S. Mint Runs Out of Gold Coin

    11/27/2009 7:12:09 AM PST · by dennisw · 31 replies · 1,501+ views
    businessinsider ^ | Nov. 26, 2009 | Vincent Fernando
    The U.S. Mint has announced that will stop selling 1-ounce gold bullion coins. Demand has been so strong that they've effectively run out of 2009 American Eagle coins. They sold 124,000 coins in November alone, after selling 115,000 in October and September. Have no fear, they plan to resume coin sales in early December. Reuters via CNBC: Produced from gold mined in the United States, the 22-karat American Eagles have been novel items among collectors and investors since their introduction in 1986. Each coin has a face value of $50 but it is sold by authorized dealers at a premium...
  • New U.S. Mint coin -"A More Perfect Union" is a perfect union of everyone except white males

    11/25/2009 12:00:54 PM PST · by funblonde · 68 replies · 3,253+ views
    "The 2009 design depicts four faces representing the diversity of our Nation, with the clothing and hair weaving together symbolizing the principle, To Form a More Perfect Union."
  • Senate Confirms Rios As U.S. Treasurer

    07/29/2009 11:11:23 AM PDT · by markomalley · 7 replies · 435+ views
    WTVO ^ | 7/29/2009
    (San Francisco, CA) -- The United States Senate has confirmed Rosa "Rosie" Gumataotao Rios to be the next U.S. treasurer. Rios is a Harvard University graduate from California who has held economic development positions with Oakland and other cities in California's Bay Area. She was confirmed to the post on Monday. As treasurer, Rios will work with Treasury Secretary Timothy Geithner. She will also oversee the U.S. Mint, the Bureau of Engraving and Printing and the Savings Bond Marketing Office. Rios is expected to be officially sworn in next month.
  • 'Glorious' Obama coin no more than a trinket

    12/25/2008 6:44:45 PM PST · by melt · 44 replies · 2,264+ views
    Chicago Sun Times ^ | 12/25/08 | DONNA LEINWAND
    The TV ads tout a "genuine" U.S. Inaugural Presidential Dollar showing President-elect Barack Obama depicted in "glorious full color" for just $9.95, plus shipping and handling. A coin-collecting expert says the gold-dipped, painted coins are nothing more than a trinket, and the U.S. Mint -- the only official purveyor of U.S. currency -- says buyer beware. "They are worth the face value of the coin. If the coin says 25 cents, it's worth a quarter," says Scott Travers, author of the Coin Collector's Survival Manual and a New York City coin dealer. The U.S. Mint last month issued a warning...
  • US Mint Announces New Quarter Designs for 2009

    12/16/2008 4:28:46 AM PST · by cll · 65 replies · 3,900+ views
    U.S. Mint ^ | 12/15/2008
    WASHINGTON - The United States Mint today announced six new designs that will grace the quarters issued next year to honor the District of Columbia and the five United States territories: the Commonwealth of Puerto Rico, Guam, American Samoa, United States Virgin Islands and Commonwealth of the Northern Mariana Islands. The coins will be put into circulation in approximately two-month intervals throughout the year. "Like the 50 State Quarters® Program before it, these new quarters will encourage Americans to appreciate the unique history of the District of Columbia and the territories of the United States," said United States Mint Director...
  • 2009 Presidential Dollar Designs

    12/09/2008 2:11:55 PM PST · by RayBob · 28 replies · 1,348+ views
    US Mint | Wednesday, October 8, 2008 | Unknown
    2009 Presidential Dollar Designs Released The United States Mint has released the designs for the upcoming 2009 Presidential Dollars. Next year's coins will honor the Presidents William Henry Harrison, John Tyler, James K. Polk, and Zachary Taylor. Next year the motto "In God We Trust" will be moved to more prominent placement on the obverse of the coin. The date, mint mark, and "E Pluribus Unum" will be featured on the incuse edge lettering of the coins. The reverse design featuring the Statue of Liberty that has been used in prior years will remain unchanged and continue to be used....
  • Mint runs out of gold coins - sales halted

    09/27/2008 3:19:26 PM PDT · by Chet 99 · 24 replies · 1,042+ views
    The U.S. Mint is temporarily halting sales of its American Buffalo 24-karat gold coins because it can't keep up with soaring demand as investors seek the safety of gold amid economic turbulence. The 1-ounce coin has a face value of $50 but is priced for sale according to the fluctuating value of gold.
  • Mint runs out of gold coins - sales halted

    09/27/2008 2:33:32 PM PDT · by mathprof · 29 replies · 1,001+ views
    sfgate ^ | 9/27/08
    The U.S. Mint is temporarily halting sales of its American Buffalo 24-karat gold coins because it can't keep up with soaring demand as investors seek the safety of gold amid economic turbulence. The 1-ounce coin has a face value of $50 but is priced for sale according to the fluctuating value of gold.
  • Shipwreck's Coins Are Very Rare

    05/14/2008 10:43:27 PM PDT · by fishhound · 32 replies · 141+ views
    AOL/AP ^ | 2008-05-14 | ALAN SAYRE,
    NEW ORLEANS (May 14) - A steamship that sank off the Louisiana coast during an 1846 storm has produced a trove of rare gold coins, including some produced at two largely forgotten U.S. Mints in the South, coin experts say. Last year, four Louisiana residents salvaged hundreds of gold coins and thousands of silver coins from the wreckage of the SS New York in about 60 feet of water in the Gulf of Mexico, said David Bowers, co-chairman of New York-based Stack's Rare Coins. "Some of these are in uncirculated or mint condition," Bowers said, predicting the best could bring...
  • Congress looking at steel pennies and nickels

    05/08/2008 8:42:43 AM PDT · by Red Badger · 42 replies · 127+ views
    ap.google.com ^ | 05/07/2008 | By LAURIE KELLMAN
    WASHINGTON (AP) — Further evidence that times are tough: It now costs more than a penny to make a penny. And the cost of a nickel is more than 7 1/2 cents. Surging prices for copper, zinc and nickel have some in Congress trying to bring back the steel-made pennies of World War II, and maybe using steel for nickels, as well. Copper and nickel prices have tripled since 2003 and the price of zinc has quadrupled, said Rep. Luis Gutierrez, D-Ill., whose subcommittee oversees the U.S. Mint. Keeping the coin content means "contributing to our national debt by almost...
  • Sessions Leads 100th Year Boy Scout Recognition Efforts

    05/02/2008 12:24:06 PM PDT · by fgoodwin · 9 replies · 1,681+ views
    Office of Pete Sessions ^ | Apr 23, 2008 | Office of Pete Sessions
    Sessions Leads 100th Year Boy Scout Recognition Efforts http://sessions.house.gov/News/DocumentSingle.aspx?DocumentID=89413 Introduces Commemorative Coin, Garners Support for Commemorative Stamp Washington, Apr 23, 2008 U.S. Congressman Pete Sessions (R-Dallas) is leading congressional efforts to recognize the 100th Anniversary of the Boy Scouts of America in 2010 by introducing legislation for a “100 Years of Scouting” commemorative coin. “Boy Scouts are a significant part of American culture, shaping the values, citizenship, and skills of millions of young men,” Sessions stated. “As an Eagle Scout with four generations of Boy Scouts in my family, I strongly value the Boy Scouts’ history of instilling a sense...
  • US Mint Rejects DC Voting Rights Quarter

    02/27/2008 4:52:05 PM PST · by SmithL · 49 replies · 132+ views
    The U.S. Mint has rejected three designs for a commemorative District of Columbia quarter because they include the slogan "Taxation Without Representation." The Mint said Wednesday the slogan is too controversial. D.C. Mayor Adrian M. Fenty says it's a fair assessment.
  • "In God We Trust" Back in Proper Place on New $1 Presidential Coins

    01/25/2008 1:02:59 PM PST · by tpanther · 113 replies · 194+ views
    "In God We Trust" Back in Proper Place on New $1 Presidential CoinsJanuary 07, 2008 ANN ARBOR, MI – In March 2007, the Thomas More Law Center, a national public interest law firm based in Ann Arbor, Michigan, alerted Americans that the federal government had removed “In God We Trust” from the face of newly minted $1 Presidential coins and relegated our national motto to the virtually unreadable edge of the coin. The motto appeared to be merely scratches on the edge, unless one looked for it with a magnifying glass. To make matters worse, thousands of the coins did...
  • TMLC: "In God We Trust" Back in Proper Place on New $1 Presidential Coins

    01/07/2008 2:47:23 PM PST · by Gene Eric · 3 replies · 71+ views
    Thomas More Law Center ^ | January 07, 2008 | (no annotation)
    ANN ARBOR, MI – In March 2007, the Thomas More Law Center, a national public interest law firm based in Ann Arbor, Michigan, alerted Americans that the federal government had removed “In God We Trust” from the face of newly minted $1 Presidential coins and relegated our national motto to the virtually unreadable edge of the coin. The motto appeared to be merely scratches on the edge, unless one looked for it with a magnifying glass. To make matters worse, thousands of the coins did not even have the motto stamped on the edge as required by law. Religious -...
  • 'In God We Trust' moving to face of $1 coins

    12/28/2007 4:14:34 AM PST · by Man50D · 20 replies · 262+ views
    WorldNetDaily.com ^ | December 28, 2007 | Bob Unruh
    The words "In God We Trust" have been placed in prominent display on U.S. coinage since 1864, until a new $1 coin series honoring U.S. presidents was introduced at the beginning of 2007, when the motto was concealed on the edge. But no more. Congress has approved a consolidated spending bill, and President Bush has signed it into law, that includes a provision for the motto to be placed on either the front or back of new coins in the series. WND broke the story earlier when the coins were announced, showing how the acknowledgment to God was hidden on...
  • 'In God' returning to $1 coin prominence

    12/27/2007 11:13:31 AM PST · by Sopater · 41 replies · 234+ views
    Baptist Press ^ | Dec 26, 2007
    The “In God We Trust” inscription, currently on the edge of the presidential $1 coin, apparently will return to the obverse (front) or reverse (back) of the coin, thanks to a bill recently passed by Congress. Photo Terms of Use WASHINGTON (BP)--Presidential one dollar coins are the only U.S. coins currently being issued by the United States Mint that have the inscription "In God We Trust" along the edge, but public pressure soon may send the motto back to the front or back of the coins. Legislation introduced by Sens. Sam Brownback, R.-Kan., and Robert Byrd, D.-W.Va., that would...
  • D.C. Gets 25 Cents' Worth of Respect District Will Finally Get Its Own Quarter From Mint

    12/20/2007 9:26:14 AM PST · by somfphite · 25 replies · 757+ views
    D.C. Gets 25 Cents' Worth of Respect District Will Finally Get Its Own Quarter From Mint By Mary Beth Sheridan Washington Post Staff Writer Thursday, December 20, 2007; A01 The District has no vote in Congress, its laws can be trampled by federal legislators and even its streets can be closed by the feds on a moment's notice. But after nearly 10 years of fighting, the city finally won a new mark of respect this week. It will have its very own quarter. The measure, tucked into a giant federal spending bill, puts the District on the same level as...
  • D.C. Gets 25 Cents' Worth of Respect - District Will Finally Get Its Own Quarter From Mint

    12/20/2007 6:11:43 AM PST · by RDTF · 26 replies · 147+ views
    The Washington Post ^ | Dec 20, 2007 | Mary Beth Sheridan
    The District has no vote in Congress, its laws can be trampled by federal legislators and even its streets can be closed by the feds on a moment's notice. But after nearly 10 years of fighting, the city finally won a new mark of respect this week. It will have its very own quarter. The measure, tucked into a giant federal spending bill, puts the District on the same level as the 50 states, at least when it comes to the popular coins showcasing home-state icons such as mountains, birds, race cars and fiddles. The D.C. quarter is due in...
  • US Mint subtly endorses Hillary Clinton

    11/13/2007 5:20:31 PM PST · by AngieGal · 10 replies · 65+ views
    US Mint ^ | AngieGal
    This year the US Mint issued $1 Presidential coins. Also, in June 2007 the mint released "The First Spouse Gold Coins". These are one-half ounce $10 gold coins honoring the "First Spouses". We have been calling these women "First Ladies" for centuries. Only now that Hillary comes on the scene suddenly everyone, including the US Mint, starts kowtowing and trying to influence our language to get ready for her. By the way, the first two coins sold out completely within 3 to 3 1/2 hours of being released at over $400 each.
  • Dollar Coins Missing 'In God We Trust'

    03/07/2007 9:47:53 PM PST · by ajolympian2004 · 75 replies · 4,441+ views
    AP via Yahoo Business News ^ | Wednesday March 7, 12:51 pm ET | Joann Loviglio
    APDollar Coins Missing 'In God We Trust' Wednesday March 7, 12:51 pm ET By Joann Loviglio, Associated Press Writer U.S. Mint Says Unknown Number of New One Dollar Coins Missing 'In God We Trust' Inscription PHILADELPHIA (AP) -- An unknown number of new George Washington dollar coins were mistakenly struck without their edge inscriptions, including "In God We Trust," and made it past inspectors and into circulation, the U.S. Mint said Wednesday. In this undated photo released by Professional Coin Grading Service, a George Washington dollar coin missing the edge inscription is shown. The properly struck dollar coins, bearing the...
  • U.S. first ladies to be honored on coins

    12/15/2006 11:27:47 PM PST · by NormsRevenge · 22 replies · 666+ views
    AP on Yahoo ^ | 12/15/06 | Martin Crutsinger - ap
    WASHINGTON - Not to be outdone by their husbands, the first ladies are getting their chance to shine on the nation's coins. Starting next year, Martha Washington, Abigail Adams and all the rest will begin appearing on a new series of gold coins. It will be the first time in history that the U.S. Mint has produced a series featuring women. While a new presidential series will be $1 circulating coins, the wives will be on half-ounce gold coins with each likely to sell for more than $300. Both coins were authorized by Congress in 2005 with lawmakers modeling the...
  • Family Sues Mint Over Rare, Valuable Coins

    12/14/2006 3:31:06 PM PST · by BradJ · 58 replies · 2,404+ views
    AP/AOL ^ | 12/06/2006 | JOANN LOVIGLIO
    PHILADELPHIA (Dec. 5) - A family is suing the U.S. Mint, saying it illegally seized 10 gold coins that are among the rarest and most valuable in the world that the family found among a dead relative's possessions. ...... There were 445,500 minted in 1933, but they were melted down before being released into circulation when President Franklin D. Roosevelt took the country off the gold standard. A handful escaped, however. Two were deliberately set aside and are at the Smithsonian Institution. The Mint has said any others in existence were obtained illegally,
  • New dollar coins a golden opportunity for collectors

    11/20/2006 11:26:36 AM PST · by Teflonic · 87 replies · 1,730+ views
    Seattle Post-Intelligencer ^ | 11/20/06 | MARTIN CRUTSINGER
    WASHINGTON -- Can George Washington and Thomas Jefferson succeed where Susan B. Anthony and Sacagawea failed? The U.S. Mint is hoping U.S. presidents will win acceptance, finally, for the maligned dollar coin. The public will get the chance to decide starting in February when the first of the new coins, bearing the image of the first president, is introduced. Washington, John Adams, Thomas Jefferson and James Madison are scheduled to grace the coin in 2007, with a different president appearing every three months. The series will honor four different presidents per year, in the order they served in office. Each...
  • Feds Lower Boom on Alternative Money (Liberty Dollar users prosecuted)

    09/15/2006 2:45:33 PM PDT · by BradJ · 43 replies · 1,902+ views
    USA Today (AOL) ^ | 09/15/2006 | Barbara Hagenbaugh
    <p>WASHINGTON (Sept. 15) — The government Thursday warned consumers and businesses that it is illegal to use alternative money known as "Liberty Dollar" coins, which organizers promote as a competitor to the almighty dollar.</p> <p>"We don't want consumers to be fooled," U.S. Mint spokeswoman Becky Bailey says, noting U.S. Attorneys offices across the USA have noticed a marked increase in inquiries about the coins.</p>
  • Pennies May Soon Be a Thing of the Past

    07/02/2006 9:43:43 PM PDT · by freepatriot32 · 63 replies · 1,660+ views
    http://articles.news.aol.com/ ^ | 4 3 06 | JEFF DONN
    PLYMOUTH, Mass. (July 2) - In this village settled by thrifty Pilgrims, you can still buy penny candy for a penny, but tourist Alan Ferguson doubts he'll be able to dig any 1-cent pieces out of his pockets. He rarely carries pennies because "they take up a lot of room for how much value they have." Instead, like so many other Americans, he dumps his pennies into a bucket back home in Sarasota, Fla. Pity the poor penny! It packs so little value that merry kids chuck pennies into the fountain near the candy store, just to watch them splash...