May 7: Four numismatic news or coin blog articles are referenced on CoinNews every Tuesday and Thursday. These articles are not authored by us, but we recommend coin collectors read them for their unusual or interesting content. Here are today’s coin articles:
Get Those Cents When You Can Find Them
David C. Harper | Numismatic News
Collectors who think the first 2009 Lincoln cent design is hard to get are going to see the next three become even harder to get if current Mint expectations of coin production become reality…
Should Bank Tellers Be Able to Buy Silver at Face Value?
Susan Headley | About.com: Coins
This is an interesting question because in a way, the teller is depriving her employer (the bank) of profitable value if she takes the silver coins to a coin dealer and sells them for the silver value. On the other hand, the bank itself is unlikely to profit from this silver otherwise because it wouldn’t normally have known about the silver or bothered to find it…
U.K.’s Royal Mint Uses 75% More Gold as Investor Demand Expands
Thomas Biesheuvel and Nicholas Larkin | Bloomberg
The Royal Mint, established in the 13th century, used 75 percent more gold in the first quarter amid a surge in demand for bullion to diversify investments…
Russia to switch to cheaper steel coins from copper
Reuters
Russia will switch to steel coins from copper ones, the central bank said on Thursday, in a move which could save cash as the economy faces its worst economic crisis in a decade…
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