Platinum for Salvation Army
tggr
Posts: 748 ✭
PENSACOLA, Fla.(AP) A platinum coin estimated to be worth more than $1,000 couldn't fit in a Salvation Army kettle, so the donor handed it over to the bell ringer.
An unidentified person donated the coin Friday outside a Belk department store.
"The man who donated the coin tried to put it in the kettle, but it wouldn't fit," Salvation Army spokeswoman Yvonne Warthen said. "So he just handed it to the bell ringer. It just shows how honest our bell ringers are."
The coin's face value is $100, but the Salvation Army had it appraised, and initial estimates put its value at about $1,300. The coin is from 2006 and is stamped with an image of the Statue of Liberty.
The Salvation Army has also received at least eight gold coins in its kettles this year. One, a one-ounce South African Krugerrand worth about $800, turned up earlier this month in Washington. And gold coins have turned up all the way back to 1982, the group said.
Salvation Army officials also have reported getting an Indian head gold coin in Barre, Vt., one-ounce American Eagle coins in Prescott, Ariz., and Fargo, N.D., and a Lady Liberty coin in Grand Island, Neb., among other unusual coins.
An unidentified person donated the coin Friday outside a Belk department store.
"The man who donated the coin tried to put it in the kettle, but it wouldn't fit," Salvation Army spokeswoman Yvonne Warthen said. "So he just handed it to the bell ringer. It just shows how honest our bell ringers are."
The coin's face value is $100, but the Salvation Army had it appraised, and initial estimates put its value at about $1,300. The coin is from 2006 and is stamped with an image of the Statue of Liberty.
The Salvation Army has also received at least eight gold coins in its kettles this year. One, a one-ounce South African Krugerrand worth about $800, turned up earlier this month in Washington. And gold coins have turned up all the way back to 1982, the group said.
Salvation Army officials also have reported getting an Indian head gold coin in Barre, Vt., one-ounce American Eagle coins in Prescott, Ariz., and Fargo, N.D., and a Lady Liberty coin in Grand Island, Neb., among other unusual coins.
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Comments
(Priest) BLASPHEMY he said it again, did you hear him?
<< <i>I'd guess that it would be wiser to give the plain cash equivalent of those special coins as the donor is probably in the best position to maximize their value. >>
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>
<< <i>I'd guess that it would be wiser to give the plain cash equivalent of those special coins as the donor is probably in the best position to maximize their value. >>
>>
While I certainly enjoy reading these stories, I also think that some of these generous donations (lincluding silver Roosies suggested above) are not fully appreciated by the Salvation Army because they do not recognize of realize the full value of them. I prefer to donate cash to the kettles and checks to the agencies directly.
For those dealers who post here, would you take that big of a fee from a charity? If I was approached by them, I would donate my comission to them (and write it off as a charitable contribution).
<< <i>If I was approached by them, I would donate my comission to them (and write it off as a charitable contribution). >>
I don't believe you can write off the value of "time" donated (even if for a "service"), only the value of tangible goods.
60 years into this hobby and I'm still working on my Lincoln set!
<< <i>I wonder who it could be? Florida Bill? >>
Thats my guess and I'm fairly certain that it was. Usually folks deposit gold coins but Bill stated in his thread that he was going to drop a platinum.
Way to go Bill!
The name is LEE!
sounds like they brought it into a B+M shop and the dealer offered 1300.00 for it.
Steve