Silver and Gold Maltese Euro Coins Issued
U.S. Mint Ends an Active August with Multiple Coin Offerings
Silver, Gold and Platinum Rise, but Pressure Felt
Landlord Demands Rent in Gold Coins, Federal Court Affirms
A Cleveland landlord can demand payments in gold coins, according to a federal appeals court ruling Wednesday.
The U.S. Court of Appeals for the Sixth Circuit ruled a "gold clause" contained in a 1912 lease agreement was enforceable, reversing a lower courts decision and requiring it to determine an equivalent rent.
The breach of contract lawsuit was filed by building owner 216 Jamaica Avenue, LCC against renter S&R Playhouse Realty Co., who had been paying an annual rent of $35,000 since their obligated assumption of the lease in 1982.
Gold and Platinum Rise with Oil, Silver Falls with Dollar
Andrew Jackson Individual Proof $1 Coins
PNG Extends Brueggeman’s Contract, Cites Accomplishments
Bowers and Merena to Present More than 900 Coin Rarities in...
Highlights Include Extraordinary Gem 1851 Augustus Humbert $50 Gold Piece, the Only Humbert Gold Coin of Any Denomination or Variety Graded MS-65 * by NGC
IRVINE, Calif. – Bowers and Merena Auctions, America's leading rare coin and currency auction house, will host their Beverly Hills Rarities Sale on Saturday, September 13, 2008, at The Tower Beverly Hills, prior to the Long Beach Coin, Stamp & Collectible Expo.
Lot viewing for the entire auction is scheduled for Thursday through Saturday, September 11-13. The catalog includes more than 900 exceptional coin rarities
Topping the list of highlights is a very special new discovery, Lot 681, an August Humbert $50 Gold piece of the Reeded Edge, 880 THOUS (K-5, Rarity-5) variety graded MS-65 * by NGC. It is the only Humbert gold coin of any denomination with an NGC grade of MS-65 *.
No Humbert gold coins of any denomination or variety have been graded finer than MS-65 at either PCGS or NGC.
Silver and Gold Rise with Oil
Stolen Rare Coin Returned to Garage Sale Buyer, Not Likely Owner
In an unusual case, a judge decided that one of five stolen Swedish rare coins purchased at a garage sale — a Swedish 1632 Gustav II Adolf gold Dukat — would be returned to the daughter of the woman who bought them, and not to the owner's estate who received the other four.
"This case raises squarely the conflict between two principles, protection of property and protection of commercial transactions," said British Columbia Supreme Court Justice Bruce Butler who ruled to split the coins.
To better understand Justice Butler's decision, background information provided in the case offers an excellent history of events.
Coins purchased in garage sale
Marina Ovsenek was on her way to a cancer treatment with her daughter, Stephanie Manning, when they happened by a garage sale sign. They decided to stop, and Ms. Ovsenek bought a box containing five gold-colored coins and a brooch for $5.
