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I tried to help the reporter out here....oh well, I tried.

keyman64keyman64 Posts: 15,539 ✭✭✭✭✭
Feel free to blast away at me. See my comments at the end of the story. I would like to think the new owner would refer to it as a Chain Cent....not just some British Penny or whatever. Ugh!
I tried to post a link to the auction result on Heritage's Website but no matter what I did MSNBC edited out the link. image

MSNBC Story About A PENNY for over a MILLION DOLLARS.
"If it's not fun, it's not worth it." - KeyMan64
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:

Comments

  • BryceMBryceM Posts: 11,858 ✭✭✭✭✭
    'tis what happens when you cast your chain cents before swine.
  • MFHMFH Posts: 11,720 ✭✭✭✭


    << <i>'tis what happens when you cast your chain cents before swine. >>



    image

    Greg,

    Too bad you weren't here to
    actually witness the auction
    and to examine The Cent ...
    ... first hand.
    Mike Hayes
    ~~~~~~~~~~~~
    Coin collecting is not a hobby, it's an obsession !

    New Barber Purchases
  • DNADaveDNADave Posts: 7,307 ✭✭✭✭✭
    The other comments leave a lot to be desired.

    "It was probably bought for the copper content, worth more melted down than what it is for face value. Notice all our coins are lighter?
    They've (Government) has been stealing the silver out of our coinage for years. Started with the State Quarters. New coins have almost NO silver."

  • PerryHallPerryHall Posts: 46,856 ✭✭✭✭✭
    What did you expect from MSNBC?image

    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

  • Aegis3Aegis3 Posts: 2,912 ✭✭✭
    In my world, common usage typically defines words. Thus, "penny" is quite appropriate to be used to refer to an American one cent piece. Note that the US Mint finds the terms interchangeable. And remember that Sheldon's revised book on early date large cents was called Penny Whimsy, not Cent Whimsy. And EAC's publication is Pennywise, not Centwise.
    --

    Ed. S.

    (EJS)
  • astroratastrorat Posts: 9,221 ✭✭✭✭✭


    << <i>In my world, common usage typically defines words. Thus, "penny" is quite appropriate to be used to refer to an American one cent piece. Note that the US Mint finds the terms interchangeable. And remember that Sheldon's revised book on early date large cents was called Penny Whimsy, not Cent Whimsy. And EAC's publication is Pennywise, not Centwise. >>

    The first title of Sheldon's book "Penny Whimsy" was actually "Early American Cents."
    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • giorgio11giorgio11 Posts: 3,944 ✭✭✭✭✭
    The worst part of the story is the Orlando Sentinel reporting that there was "no wear on the WREATH on its back"! AARRGGH!
    VDBCoins.com Our Registry Sets Many successful BSTs; pls ask.
  • keyman64keyman64 Posts: 15,539 ✭✭✭✭✭


    << <i>In my world, common usage typically defines words. Thus, "penny" is quite appropriate to be used to refer to an American one cent piece. Note that the US Mint finds the terms interchangeable. And remember that Sheldon's revised book on early date large cents was called Penny Whimsy, not Cent Whimsy. And EAC's publication is Pennywise, not Centwise. >>

    Just goes to show there are many more ignorant people in the world than there are intelligent people. It is very sad that ignorance runs rampant in this country. Just because something is WRONG but is repeated over and over and over and over does not make it right.
    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • If this was from a numismatic publication I'd agree with the OP. I think the article is okay for mainstream media.
  • LanLordLanLord Posts: 11,723 ✭✭✭✭✭


    << <i>The worst part of the story is the Orlando Sentinel reporting that there was "no wear on the WREATH on its back"! AARRGGH! >>

    That wreath was so worn it was starting to look like links of a chain or something. Where is the headslap emoticon?
  • They sure "rounded off" what it sold for; $380,000 isn't change. They should have said "well over $1,000,000" or something similar, not simply "it sold for $1,000,000." Stories like this make you wonder what other stories the media gets wrong.
    www.sullivannumismatics.com Dealer in Mint Error Coins.
  • GemineyeGemineye Posts: 5,374
    .." a penny saved is a penny earned."......!!!...Who said that....image
    ......Larry........image
  • PerryHallPerryHall Posts: 46,856 ✭✭✭✭✭


    << <i>.." a penny saved is a penny earned."......!!!...Who said that....image >>



    Ben Franklin, who died in 1790 before cents were produced by the U. S. Mint. Don't forget that British coins circulated here during most of Franklin's lifetime along with coins from other countries.

    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

  • SwampboySwampboy Posts: 13,111 ✭✭✭✭✭
    Calling a cent a penny is evidence "that ignorance runs rampant in this country".
    Something I learned on the CU Forum today.

    "Inspiration exists, but it has to find you working" Pablo Picasso



  • << <i>.." a penny saved is a penny earned."......!!!...Who said that....image >>


    Not Ben Franklin, he said "a penny saved is two pence clear" but who knows who messed it up.

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