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Every Coin A Snowflake?

March 27, 2010

Dimes may be dimes, but it turns out that every coin has its unique characteristics – a “fingerprint” that identifies and distinguishes it from all others. Now the Professional Coin Grading Service (PCGS) has announced a new laser scanning method that will document what sets each coin apart.

Once a coin has been scanned, it’s entered in a database. Any alteration or attempt to improve its “grade” – by which price is determined –will be detected. If it’s lost or stolen, it can immediately be identified. “No one has been able to beat this system, “ said Dan Willis, PCGS President. “This changes everything. Imagine a world without coin doctoring.”

Read the full story at Coin Collecting News

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$3.6m Expected For Australia’s First Banknote

May 7, 2013

Australia’s first banknote, issued 100 years ago, is expected to realize $3.6m in a private sale at Coinworks in Melbourne. If it does, it will be the highest price ever paid for an Australian coin or banknote. The 10 shilling bill, hand-numbered M000001 and issued May 1, 1913, was discovered 12 years ago among the effects of Judith Denman, daughter of Lord Denman, Australia’s governor-general at the time of the currency’s issue. The historic banknote last sold at auction for $1.9m.

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Million Dollar Nickel

Over $3m For Rare Nickel

April 26, 2013

Few American coins are as rare as the 1913 Liberty Head Nickel that Heritage offered this week in Illinois. Even fewer have as colorful a history. Recovered from a fatal car crash and initially dismissed as a fake, the coin—one of only five known examples– languished in a box for four decades. Only after what Heritage called “a secret midnight meeting in Baltimore in 2003,” did its owners discover its true value. Yesterday they received more substantial confirmation when it sold for $3,172,500.

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Thousand Dollar Bill

Grand Price Expected For $1000 Bill

April 3, 2013

There was so much sliver pouring out of Nevada in the 1890s, they printed $1000 and $10,000 bills to soak up the bullion. That ended and the $1000 notes are now so rare, the only one believed still in private hands goes to auction at Heritage later this month for an anticipated $2m.

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World Record Price For Australian “Holey Dollar”
U.S. Half-Cent Sells For $358,000
First U.S. Silver Dollar (1794) To Be Sold
“Prohibitively Rare” Gold Coin At Heritage
The First U.S. Coin Ever Struck?
Space Flown Coins At Heritage
Relics Of Chairman Mao May Sell For $1.6m
Rare “Red Seal” $5 Note From Alaska Offered
Australian “Holey Dollar” Sells For $425,000
Ingot From Sunken “Ship Of Gold”
Rare 1878 $500 Banknote May See $500,000
Chicago Mobster’s Swag Up For Auction
« Read More Articles from This Category

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