Thursday, 24 January, 2019

Lucky Lincoln: Rare 1943 Penny Could Fetch Over $1 Million at Auction

Lucky Lincoln: Rare 1943 Penny Could Fetch Over $1 Million at Auction Incredibly Rare Coin US Mint Denied Existed Found In Boy's Lunch Money Could Be Worth $1.7 Million
Russell Knight | 10 January, 2019, 18:38

It was many years before the truth came out about the rare pennies, according to Heritage Auctions. That year, during World War II, the U.S. Mint was striking one-cent coins using zinc-coated steel instead of previously-used copper, which is used in bronze.

Lutes, who had the coin authenticated in 1958 by expert Walter Breen during a New England Numismatic Association convention in Worcester, died in September of previous year and the coin was given to Heritage to auction off.

Done Lutes, from MA, was 16 when he was handed the one cent coin at the cafeteria in 1947.

However, a handful of the coins were mistakenly pressed with copper, including the one Lutes found.

'While a number of other examples have surfaced over the years, no other specimen has been celebrated and written about as much as this remarkable coin, ' said Heritage Auctions.

According to Heritage Auctions, the "bronze Lincoln cent is the most famous error coin in American numismatics".

So Lutes concluded his coin was probably valueless, and stored it as a curiosity in his coin collection for the next seven decades.

Peace Talks Between Afghan Taliban and USA to Take Place on Wednesday
The US still keeps around 14,000 troops there as part of a NATO-led mission aiding Afghan security forces and hunting militants. The US is seeking a lasting peace to the country's longest war, which as cost almost 1 trillion dollars and thousands of lives.

Raptors sign former Golden State Warriors guard Patrick McCaw
ET - Watch on FuboTV with NBA League Pass add-on ), which is a great outcome to this whole scenario for him. After the guard signed a non guaranteed offer sheet with the Cavs, the Warriors decided not to match it.

AMD Radeon VII revealed as AMD's 7nm flagship gaming GPU
Lisa Su hyped up the crowd a bit before announcing a preview of the third-generation Ryzen desktop processors. At CES 2019 , AMD today announced Radeon VII , the world's first 7nm gaming graphics card.

"The few resulting "copper" cents were lost in the flood of millions of "steel" cents struck in 1943 and escaped detection by the Mint's quality control measures", Heritage Auctions said.

"This is the most famous error coin in American numismatics, and that's what makes this so exciting", Miller told Fox News.

A rare coin found by a teenager in the change from his lunch money could be sold for more than $2 million when it goes to auction.

But when Lutes contacted the Ford Motor Company, he was told the rumor was false.

"They eventually became dislodged and were fed into the coin press, along with the wartime steel blanks. All pennies struck in 1943 were zinc-coated steel".

A rare coin found by a high schooler in his lunch money has been valued at nearly $1.7million, following the owner's death. Today, we know there are surviving examples from all three active mints, including 10 to 15 from Philadelphia, half a dozen from San Francisco, and just one from Denver.

Recommended

Australia cops examine packages left at consulates, including India’s Australia cops examine packages left at consulates, including India’s A worker at the Pakistani consulate in Melbourne opened one of the packages about 10am on Wednesday. Avan appeared at the Melbourne Magistrates Court on Thursday, the Associated Press reported .

Malta allows 49 migrants stranded off coast since December to disembark Malta allows 49 migrants stranded off coast since December to disembark EU Migration Commissioner Dimitris Avramopoulos said Wednesday that "the past weeks have not been Europe's finest hour". The 49 migrants were on two ships refused permission to dock by both Italy and Malta.

Iran says it holds US Navy veteran, 1st arrest of Trump era Iran says it holds US Navy veteran, 1st arrest of Trump era His family say he suffers from acute asthma and shortly before his latest visit he underwent chemotherapy for a neck tumour. The prisoner issue has long added to the tensions between Iran and the United States.

Roger Federer to open Australian Open defence against Denis Istomin Roger Federer to open Australian Open defence against Denis Istomin He has the potential of a second-round meeting against wildcard entry Jo-Wilfried Tsonga . She is the hot favourite to claim a record-equalling 24th Grand Slam.

Adam Gase to become Jets head coach, per report Adam Gase to become Jets head coach, per report The Miami Herald has reported Flores is "near if not at the top of the Dolphins' list". We'll keep you posted as Gase begins to assemble his staff in the coming days.

Second repeating fast radio burst from space discovered Second repeating fast radio burst from space discovered The search for FRBs has a simple motivation: so far, we have too few observations to settle on a cause for the phenomenon. While interesting, these new observations, he said, can not tell us about the nature of these sources-at least not yet.

Clemson wins 2nd National Championship in three years vs Alabama, 44-16 Clemson wins 2nd National Championship in three years vs Alabama, 44-16 During the 1985-1986 season, Holieway took over as starting quarterback after Troy Aikman's leg was broken. The two teams were meeting in the College Football Playoff for the fourth consecutive season.

Flu season surging and likely not at peak in Canada, doctors say As of December 29, New Brunswick had 579 lab-confirmed cases, 577 of them influenza A and two of influenza B. Those in at-risk groups include people aged 65 and over, pregnant women and people with chronic illness.

In talks with Kim, China's Xi backs second North Korea-US summit In talks with Kim, China's Xi backs second North Korea-US summit However, neither side has provided details of what he has done since arriving aboard his personal armored train on Tuesday morning.

Man accused of stealing $10 million lottery ticket from roommate Man accused of stealing $10 million lottery ticket from roommate Part of the investigation included viewing the surveillance cameras at the store where the ticket was purchased. His punt on a pre-Christmas payout paid off big time with the ticket winning him $US10 million ($14 million).

Jimmy Kimmel plans on putting federal employees to work Jimmy Kimmel plans on putting federal employees to work And yet this time around, all the major networks said they'd provide coverage of the speech. FNC also beat ABC broadcast network (5.801M) in total viewers in the half hour.

Jeff Bezos, Wife MacKenzie Bezos Divorcing After 25 Years Jeff Bezos, Wife MacKenzie Bezos Divorcing After 25 Years The billionaire executive and his novelist wife have four children; one daughter, who they adopted from China, and three sons. Nobody really knows what "loving exploration" is or why these two broke up, and quite frankly, they probably don't care.

Macron's Popularity Edges Up Even as Protesters Persist Macron's Popularity Edges Up Even as Protesters Persist Since the Yellow Vest demonstrations began, 5,600 were arrested and more than 1,000 were sentenced to prison, said Philippe. The proportion of people who declared themselves "very dissatisfied" by his leadership jumped by six points to 45 percent.

Timberwolves Coach Ryan Saunders Among Youngest in NBA History Timberwolves Coach Ryan Saunders Among Youngest in NBA History Karl-Anthony Towns and the Timberwolves will be playing for interim coach Ryan Saunders presumably for the rest of the season. The Minnesota Timberwolves could have interest in Hoiberg in either a head coaching or general manager capacity.

John Bercow blasted by Tory Brexiters as Theresa May suffers another defeat John Bercow blasted by Tory Brexiters as Theresa May suffers another defeat It has been suggested that Brexit could be delayed if the deal is defeated in the "meaningful vote" to allow time to renegotiate elements of the deal.