Coin News Daily March 11, 2009
With economy tanking, ‘liberty’ coins made of silver are paying off
BY Matt Lysiak – DAILY NEWS WRITER
Nicolas Leobald is fighting the federal government – one silver coin at a time. The 42-year-old East Village writer struck one of his mild-mannered political blows the other day at his favorite deli, where he bought some cold cuts and a roll, paying with a silver coin marked $10 and getting back three dollars in change. That simple transaction could mean jail time for Leobald and the butcher. The coin, called a Liberty Dollar, is not legal tender and passing it is a federal crime.
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13th century silver coins dug out by laborers in N India
China View
Indian laborers recently accidentally found 62 silver coins which appeared to be from 13th century Delhi Sultanate period in the northern Uttar Pradesh state, the private Indo-Asian News Service said Thursday. A group of 50 labourers digging a drain in Bareilly district, 250 kilometers from the state capital of Lucknow, came across the silver coins Tuesday, the report quoted a local official as saying. The coins bear Arabic inscriptions and are dated equivalent to the period 1218-1229.
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Dime Struck Through Reeding
By Ken Potter, Numismatic News
Some collectors wait a very long time to find out what it is they have. This is the case this week where Alabama reader Richard V. sent in a 1973-D Roosevelt dime that he has been holding onto since the 1970s. This one is referred to as “Struck Through Reeding.” This can occur in several ways. One sequence of events that can lead up to this error type occurs when a press is striking coins with too much pressure. When this occurs some of the coins in the run will show what is called “finning.”
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Rolls of the First Redesigned Lincoln One-Cent Coin Available March 13
US Mint (PA)
On March 13, 2009, the United States Mint will offer rolls of one-cent coins bearing the first of four new reverse designs struck in honor of the bicentennial of President Abraham Lincoln’s birth. The historic Lincoln Cent Birthplace Two-Roll Set-available for a limited time only-is priced at $8.95. The two-roll set contains one roll each of 50 coins, one produced at the United States Mint at Philadelphia and one produced at the United States Mint at Denver.
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MERCANTI NAMED 12TH CHIEF ENGRAVER OF THE U.S. MINT
E-Sylum
Buried within the hype of the Ultra High Relief Saint Gaudens Double Eagle and all of the other news of the day was that during the ceremony for the opening of the UHR exhibit at the Philadelphia Mint was the announcement that John Mercanti would be the 12th Chief Engraver of the US Mint. Mercanti, who was previously the “Supervisory Design and Master Tooling Development Specialist,” has been working for the US Mint since 1974 and has been responsible for the design of some of the Mint’s most spectacular coins of the last 35 years. Mercanti worked under Chief Engravers Frank Gasparro and Elizabeth Jones.
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Related posts:
- Coin News Daily March 31, 2009
- Coin News Daily March 23, 2009
- Coin News Daily March 8, 2009
- Coin News Daily March 26, 2009
- Coin News Daily March 16, 2009
- Coin News Daily March 4th, 2009
- Coin News Daily April 22, 2009
- Coin News Daily April 14, 2009
- Coin News Daily January 15, 2009
- Coin News Daily May 18, 2009


















