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    A RARE quarter from the 1800s has sold for more than $4,000 online. The quarter, which features a seated Liberty on one side and an eagle on the other, has been minted in low volumes, which makes it rare.   1A total of 56,000 of these coins have been minted In total, 56,000 of the 1860 seated Liberty S coins are said to have been minted. The coin gets some of its rarity from the aftermath and the effects of the US civil war, which drove coins from circulation. “Like the 1859-S quarter dollar, the 1860-S is a rare date that is virtually impossible to find in mint state,” Professional Coin Grading Service (PCGS) president Ron Gruth wrote in a description of the coin. “As such, it is one of the most important condition-rarities in this series, on par with some of the 1870-1873 Carson City issues and the 1859-S.” Depending on the condition of the coin, it could be worth up to $55,705 if in an “Uncirculated (MS-60)” grade. The one that sold in a recent eBay listing sold for a total of $4,265 after...
    CHECK anywhere you might store change at home because a rare nickel from 1937 has sold for more than $1,100 online. When it comes to the 1937 nickel, there are a couple of interesting things to note. 1The front leg on the buffalo is missing For one, the coin was one of the last buffalo nickels minted. The buffalo nickels were struck by the US mint from 1913 to 1938. But most notably, the 1937 coin, which features an Indian head on the obverse, has an error that can be seen on the side where the buffalo is. The error can be noticed on one of the legs. “There will be three solid legs but the front leg will be clearly missing,” USA Coin Book (UCB) wrote in a description of the coin.  On the very bottom of the reverse of the coin, you’ll spot a “D,” which stands for the mint location Denver. When it comes to the coin in the eBay listing, it sold for $1,110 after picking up 27 bids. Most read in MoneyPAYDAY 'Surprise' $6,300 stimulus checks' being sent as calls for...
    A RARE Lincoln penny from 1922 has sold for nearly $3,000 online - meaning you would be quite fortunate to have a coin like this one lying around.   If you look closely, you’ll notice there is no mint mark on the penny featuring 16th President Abraham Lincoln. 1There is no mint mark below the year on this Lincoln penny Typically, on Lincoln coins, the mark can be found under the mint year of the coin. According to Jamie Hernandez, price guide editor for Professional Coin Grading 3Service (PCGS), all 1922 pennies should bare a D mint mark but there was “sloppiness in the production process”. “As a result, it is believed that a mint employee obtained an old obverse die and filed it down in order to improve its appearance,” Mr Hernadez said. “But instead, the mint employee ended up filing the D mint mark too much, and in return, created the 1922 No D Lincoln cents.”  The D stands for the first letter of the mint location, which is Denver. This rare penny sold for $2,909.97 after racking up 32 bids on eBay. Most read...
    A RARE £2 coin which claims to have a total of seven different errors on it has sold on eBay for £100. Bidders were keen to cash in on the rare and valuable coin as it was said to be riddled with faults that aren't so commonly found in your change. 2Parts of the design of the coin look a bit off from a normal £2Credit: ebay 2The seller claims the coin has seven different things wrong with itCredit: ebay It's not a mega amount that the coin has sold for, as we've seen other error £2 coins go for as much as £255 before, but it's still 50 times more than face value. The coin sold on December 6 after being live at auction for five days. The coin is a copy of the design minted in 2013 and set to commemorate the 350th anniversary of the Golden Guinea. The coin minus any errors would usually sell for just under £3 according to Coin Hunter. But supposedly, this coin has seven different things wrong with it. One of the...
    A COIN with a face value of $5 has sold for nearly $1,200 online – meaning you could strike gold if you happen to have one in your possession. The circulated 1891 Carson City (CC) coin, featuring Liberty on the front and a half eagle on the reverse, was designed by Christian Gobrecht. 1Along with the half eagle, the golden coin features the CC initials seen above the "FIVE" Most notably, the metal of the coin is made 90% out of gold - with the rest containing copper. From the late 1700s to 1929, the US mint produced half eagle coins. While the 1891 five-dollar coin is more common when compared to other half-eagle CC coins, it’s still quite valuable, according to Professional Coin Grading Services David Akers. “It is also much more common than the lower mintage 1891 but, because of the popularity of Carson City coins, the 1891-CC is generally priced higher,” said Mr Akers.  “The 1891-CC is available in a wide range of grades and there are many choice and even gem quality uncirculated pieces in existence.” More than...
    A RARE Kew Gardens 50p sold on eBay for almost 400 times its face value. The rare 50p sold last month for £185 which is 370 times higher than the denomination printed onto its design. 2The rare 50p is from 2009 and has the Chinese Pagoda from Kew Gardens on the designCredit: ebay 2The rare coin almost made it to £200 before the final sale was calledCredit: ebay A bidding war broke out amongst collectors who wanted to claim the "rare genuine coin" for their own. A total of 32 offers placed by 11 different bidders managed to rocket the asking price of £9.99, as the listing began seven days earlier. It's no surprise that the coin managed to grab so much attention, as it's one of the most sought after in the coin collecting circuit. Only 210,000 were minted in 2009 when the coin entered circulation, and in the years since, we've seen copies sell for hundreds of pounds. The 50p features an image of the famous London landmark, Kew Gardens, depicting the tall Chinese Pagoda that stands proudly...
    A RARE silver dime with an error sold for nearly $400 online – meaning you could cash in if you happen to have one lying around your home. The rare coin is often referred to as a “Winged Liberty Head Dime” and was designed by sculptor Adolph Alexander Weinman.  1The "42" that is placed over the "41" on the coin; this is known as an overdate Today, many Americans are familiar with the dime featuring 32nd President Franklin Delano Roosevelt.  The Liberty dime, on the other hand, was last struck by the US Mint in 1945.  What stands out about the 1942 Mercury dime that sold recently on eBay is the overdate.  Specifically, the “42” is placed over the “41” over the coin.  This is easy to notice where the “2” is on the coin. You can clearly see that there is an unusual symbol to the left of the “2,” which of course happens to be a “1.”  This is not as noticeable with the “4,” but you can still tell that it's overdated from a close-up view.  Most read in MoneyMORE MONEY Calls to...
    A KEEN coin collector has sold three pieces that were once worth $1.15 for an eye-watering $13.35million. The coins, which were sold by Las Vegas collector Bruce Morelan, were an 1804 dollar, an 1894 San Francisco dime and a 1913 Liberty Head nickel. 5Las Vegas collector Bruce Morelan received $13.35million for three coins with a previous face value of $1.15Credit: YouTube / PCGScoin 5The three coins that sold included this Liberty Head nickel from 1913Credit: Photo courtesy of GreatCollections Coin Auctions They were purchased by Ian Russell, president of GreatCollections Coin Auctions of Irvine in California. The 1913 Liberty Head nickels are among the most famous and coveted rarities with only five examples known, according to Mr Russell. Two are permanently in museum collections including one at the Smithsonian, leaving just three for the public to own. Meanwhile, the 1804 silver dollar is known as the "King of Coins", with just 15 to be in existence. Earlier this year, one sold for $7.68million at a Stack's Bowers Galleries. Lastly, only 24 dimes were struck at San Francisco Mint in 1894...
    OLD coins are selling for significantly more than they were originally worth including ones with the denomination of a dollar. Interestingly enough about the dollar coin, it is one of the least common forms of change that Americans use today. 5These rare coins were minted in the late 1700s and late 1800s In fact, there have been just over 2.5million Native American $1 Coins minted this year compared with more than 3.7billion Lincoln pennies, according to CoinNews. Some of the rare coins that are quite valuable were minted in the late 1800s, with others in the late 1700s. You also find some serious value in half dollars, nickels, dimes, quarters, as we recently broke down. A good way to see if your coins are worth anything is by conducting a search through eBay or another auction site. The most valuable coins are typically ones with low mintages and ones with a unique element such as an error. We break down some of the most valuable dollar coins in circulation. Most read in MoneyCASHING IN States issue 'surprise holiday cash' up to $1.1k with parents in line for $1.8kCASHING...
    A QUARTER has recently sold online for more than $1,200 – meaning you’ll want to carefully check anywhere you might store change to make sure you aren’t missing out on the value. The rare coin, featuring US first President George Washington, is unique given its extremely low mintage. 1Just 408,000 of 1932 D quarter have been minted Interestingly, there are were only two Washington quarters with mintages under 1million. One is the 1932 S and the other (the one that recently sold) is the 1932 D quarter. The difference between the two can be noticed on the reverse of the coin. The one sold in the listing features a "D" above the "Quarter Dollar" text one the reverse of the coin, while the other features an "S." These letters stand for their respective mint location: Denver and San Francisco. Just 436,800 and 408,000 of these coins have been minted respectively, according to Professional Coin Grading Services’ (PCGS) David Hall. “Both coins have been highly sought after in all grades for the past 60 years,” Mr Hall wrote in a description of the coin. “They are the...
    A RARE roll of Lincoln pennies has sold on eBay for hundreds of dollars. The roll contains Lincoln wheat pennies, which feature the silhouette of 16th US president Abraham Lincoln on one side and "one cent" on the backside. 2A rare roll of Lincoln pennies sold for hundreds of dollars 2It's called the Lincoln Wheat penny because of the wheat stalks outlining the back It's called the Lincoln wheat penny because of the wheat stalks also found on the back of the coin. The winning bidder paid $208.50 beating out 16 other bids. The rare roll of pennies are wrapped in The Bank of America San Francisco paper. The eBay seller said the roll has "never been opened or tampered with for decades". As you can only see the top and bottom coin included in the roll, the value of all the 50 pieces is difficult to predict. However, the coins that you do see are usually very popular among collectors. Most read in moneyCASHING IN Families eligible for ‘surprise’ $8,000 payment after 'Thanksgiving' cash issuedPRETTY PENNY Lincoln pennies from...
    A SET of Lincoln pennies has sold for $887 online - and you could have one of the coins in your spare change. In fact, it's likely if you have any of pieces minted between 1909 and 1940. 2A set of Lincoln coins has sold for $887 on eBay 2The pieces racked up 32 bids from keen coin collectors The 16th US president Abraham Lincoln has been the face of the coin since 1909, on what would have been his 100th birthday. The first Lincoln penny to be released into circulation was the wheat version, which was minted until 1958. Similar to other Lincoln coins, it features the words “In God We Trust" on the top and "Liberty" on the left side. President Lincoln is featured in the middle, while the year it was minted is located in the bottom right corner of the coin. The other side of the coin features a set of wheat stalks. According to the eBay listing, the set included all the wheat cent coins minted between 1909 and 1940, apart from two, amount to...
    A LINCOLN penny that was minted last year has sold for $525 - and you could make a mint if you spot a similar one. The most valuable coins are typically older or minted in small quantities - but this particular 2020 coin racked up the high price tag due to an error. 2This Lincoln error coin was only minted last year 2It sold for $525 on eBay on November 5 after racking up 30 bids In fact, the eBay listing noted that it had a "shattered split die break". As bidders of the coin could see from the pictures, the piece had split in between the text "one cent" on one side. It'd also split through the text "E pluribus unum", which is Latin for "out of many, one" and is a motto of the US. The other side features 16th US president Abraham Lincoln as usual, alongside the text "In God We Trust" at the top. It also features "Liberty" on the left hand side and the year 2020 on the right hand side. The coin racked...
    THE rare Diversity Built Britain 50p coin is one avid collectors are keen to get their hands on. The coin was only issued last year, so it's a relatively new to the scene of desirable 50ps, but it already has a unique history of its own. 1The 50p coin features the words 'Diversity Built Britain' on the obverseCredit: CHANGE CHECKER It's the first in a series issued to celebrate diversity in Britain. The coin was designed by Dominque Evans and features the words “Diversity Built Britain" as well as imagery of connected triangles that are supposed to symbolise the connections between communities across the country. The Diversity Built Britain coin was released during Black History month in 2020, following a campaign by Banknotes of Colour. It's because prior to this, no one from the BAME community had been featured on any coins in circulation. So while the coin still doesn't feature any figure in particular, it is a great nod to the community, and more in the series are due to follow too, so there's even opportunity for collectors to...
    STEVE Feltner has been collecting coins ever since the age of eight - and his impressive collection is now worth hundreds of thousands of dollars. His passion for rare coins began when Steve was counting his mom's waitress tips as a young child in order to learn math. 4Steve Feltner, 35, has been collecting coins since he was just eight years oldCredit: Professional Coin Grading Service 4This George Washington coin was struck right after death of the first US president in 1799Credit: Professional Coin Grading Service While doing that, he came across a 1920 mercury dime, which instantly sparked his interest. He had only seen dimes featuring 32nd US president Franklin Roosevelt, who has been the face of the 10 cent coin since 1946, before. Steve told The Sun: "It sparked something in my little eight-year-old brain. "My mom realised how much I liked it and gave it to me, so I took my allowance and bought a little fireproof safe for it, because that was my biggest treasure." In the years following his mercury dime discovery, Steve's mom started...
    A RARE error penny has sold for more than $1,800 after a fierce bidding war – and you’ll want to carefully check your change for a similar piece. Most notably, the rare penny includes a doubling error in multiple areas of the coin. This is known as a double die.  2Three separate areas of this Lincoln coin are doubled - making it so unique and valuable 2The seller claims the coin is is PCGS certified Specifically, the Philadelphia-minted coin features the doubling of the words "In God We Trust" (above 16th US President Abraham Lincoln) and "Liberty" (to the left of Lincoln).  This rare coin is said to be the most famous Lincoln coin of them all. In addition to that, there is no mint mark on this coin – meaning this is quite rare, according to Chad Eicher, owner of Metal Pursuits. "In 1955, roughly 20,000 of these pennies were produced, and most were given as change from cigarette vending machines," Eicher recently told The Sun.  He added: "It might be worth around $1,800 if you find [a] 1955 no mint mark doubled die penny...
    THE rarest 10ps, 50ps and £2 coins that you might find crop up in your own change, have been revealed. Change Checker's latest scarcity index is out and it takes a look at the rarest coins in circulation from the past three months. 4Change Checker has revealed the top rarest coins in circulation The last time the coin experts revealed the rarest coins was back in August. The top spots for each the 10p, 50p and £2 categories are largely unchanged since that last update, but the value of some has risen Some of the hardest to find coins can be worth far more than their face value, so it's worth keeping track of which of the rarest score high bids on sites like eBay too. That way if you happen across one of the rare coins in your own change you can get a good idea of whether you'd be quids-in selling it on to another keen collector. There are a couple of things to be wary of if you're buying or selling on the site though. A...
    THE rarest 10ps, 50ps and £2 coins, that you might find crop up in your own change, have been revealed. Change Checker's latest scarcity index is out and it takes a look at the rarest coins in circulation from the past three months. 4Change Checker has revealed the top rarest coins in circulation The last time the coin experts revealed the rarest coins was back in August. The top spots for each the 10p, 50p and £2 categories has gone mostly unchanged since that last update, but the value of some has risen Some of the hardest to find coins can be worth far more than their face value, so it's worth keeping track of which of the rarest score high bids on sites like eBay too. That way if you happen across one of the rare coins in your own change you can get a good idea of whether you'd be quids-in selling it on to another keen collector. There are a couple of things to be wary of if you're buying or selling on the site though....
    RARE coins have the potential to turn your pocket change into a payday - with one penny selling for more than $2,000 recently. The coin, a 1909-S VDB Lincoln wheat copper cent, was sold on November 7. 2Check your spare change for this rare penny 2The coin racked up 51 total bids Racking up more than 50 bids, the coin was sold by an eBay user with the name treefrog999, who has a 100% positive feedback rating. The listing noted that the coin was a "red-brown" piece, which typically means it contains from 5% to 95% red surface. Similar 1909-S VDB coins have sold recently for hundreds less. The VDB stands for the initials of Victor David Brenner, who designed the coin. Only 484,000 coins with the designer's initials are said to have been made, and it's estimated that only 50,000 remain. The "S" on this penny means the coin was minted in San Francisco. Most read in MoneyCASH COMING November 'stimulus check' payment comes NEXT WEEK ahead of final $300 deadlineNEW COIN ON THE BLOCK Shiba Inu down &...
    A LINCOLN penny has sold for $393 online - and you could make a mint if you spot a coin with a similar error. The penny in question, which features 16th US president Abraham Lincoln, was minted in Philadelphia in 1966. 2The Lincoln penny was struck through a cloth, according to the eBay listing 2The coin racked up 26 bids from keen collectors This means it's a Lincoln memorial cent, which replaced the wheat penny in 1959. At the time, the design also changed from a wheat stalk to an image of the Lincoln Memorial. What likely attracted coin collectors to this particular coin was that the side featuring Lincoln had been struck through a cloth, according to the eBay listing. Due to this, the word "Liberty" is completely covered apart from the letter "Y", and the circulated coin doesn't bear a mint mark either. The listing also claimed that it's been certified by the Numismatic Guaranty Company (NGC). The penny racked up 26 bids from eBay users before it sold on September 11. Most read in MoneyPRETTY PENNY...
    A PENNY without a mint mark from 1992 has sold for more than $1,400 online – and you would be fortunate to have one of these coins in your spare change. The rare penny, featuring 16th President Abraham Lincoln, was minted in Denver.  2There are just over 7.1million of these pennies minted 2The rare penny racked up 49 bids “Consequently, all 1922 cents should bare the D mint mark,” wrote Jamie Hernandez, price guide editor for Professional Coin Grading Service (PCGS). However, there is no “D” mark on the Lincoln coin. Mr Hernandez noted that there was “sloppiness in the production process,” and it's believed to exist because of a pair of dies “clashing with one another without a coin being in between the two dies.” “As a result, it is believed that a mint employee obtained an old obverse die and filed it down in order to improve its appearance,” Mr Hernadez said. “But instead, the mint employee ended up filing the D mint mark too much, and in return, created the 1922 No D Lincoln cents.”  Another thing the stands out about the...
    A LINCOLN penny from 1955 has sold for $1,400 online after a bidding war – and you’ll want to see if you have a similar coin in order to cash in. On the rare penny, featuring 16th President Abraham Lincoln, there is a double die – meaning the coin has a double layer effect. 2There is no mint mark in this double die coin 2The listing claims the coin is PCGS certified Most importantly, this penny is said to be the most famous Lincoln coin of them all. A big reason is because of doubling that can be clearly seen in multiple spots on the coin. The Philadelphia-minted coin features the doubling of the words "In God We Trust" (above Lincoln) and "Liberty" (to the left of Lincoln).  Also, the year on the coin is doubled.  “It is very hard to miss this error so it is easy to tell the difference between the real one and the 1955 "poor mans" doubled die which is no where near as noticeable,” USA Coin Book wrote in a description of the penny. Moreover, there appears to be no...
    RARE coins are like diamonds in the rough - and those with errors are often worth even more. In fact, another Lincoln D penny has sold for a whopping $2,027 online. 2Rare pennies can sell for thousands 2The coin racked up 40 bids from keen coin collectors "Extremely scarce specimen!," the eBay listing for the coin reads in part. That's because it's a "No D" penny, meaning the signature mintmark is missing. All 1922 Lincoln pennies were minted in Denver, according to USA Coin Book. The coin is described by the seller as having "excellent eye appeal". It racked up an impressive 40 bids during the auction, which ended in August 2021. In some cases, like the No D penny, a minting error makes coins rarer. Most read in MoneyCOIN COLLAPSE SQUID crypto scammers steal $2.1M as petition urges Robinhood to list ShibaHERE COMES THE MONEY $1,100 stimulus check cash boosts arriving THIS WEEKIN THE MONEY 1992 Lincoln Penny sells for $25,000 as most rare coins to look for revealedSHOW ME THE MONEY Stimulus checks worth $600 sent...
    A RARE £1 error coin has sold on eBay for over £150, because it's missing one crucial element. The rare coin sold for £156.02 on October 21, which is a considerable amount more than its actual denomination and face value - and it's all due to a lack of silver in the middle of the design. 2The point coin is missing one crucial elementCredit: eBay 2Over 20 bids were placed on the rare error coinCredit: ebay This happened in the minting process of the coin, and actually makes it resemble more the old style pound coins that stopped being legal tender back in 2018. The minting fault means the coin is missing the silver nickel plated alloy middle that's seen on all the modern British pound coins we use everyday. The coins, introduced into circulation in 2017, are designed to be bimetallic, but the error version is gold all over instead. That unique flaw has only made bidders more keen to get their hands on it though, and as a consequence 23 offers were placed on the listing as seven...
    A RARE Lincoln wheat penny from the early 1900s recently sold for nearly a grand online – and if you're lucky then you may have a similar one. The penny, featuring 16th US President Abraham Lincoln, was designed by sculptor Victor David Brenner. 2Just under 1.2million of these coins featured with 'D' were minted. 2The penny collected a total of 42 bids Brenner is also responsible for designing the 1909 S Lincoln penny, which drew controversy from his initials V.D.B. getting placed on the coin and were eventually taken out completely. What stands out most about the rare penny from 1914 is its mintage location – which was in Denver.  On the Lincoln coin, there is a “D,” which is the first letter of the city, displayed under the year 1914.  But the reason the D on the coin is unique is because of the city's low mintage.  There have been just under 1.2million of those Lincoln pennies minted compared to more than 75million of the 1914 Philadelphia coin version.  But given the rarity, this brings up one problem, according to Professional Coin Grading Service...
    A LINCOLN penny minted in 1992 sold for more than $25,000 – and you may be able to make a decent amount of cash if you come across one. The rare penny, featuring 16th President Abraham Lincoln, was designed by sculptor Victor David Brenner. 2The first Lincoln penny was minted in 1909Credit: Heritage Auctions 2The penny was designed by Victor David BrennerCredit: Heritage Auctions While pennies have been around since the late 1700s, the first Lincoln version was minted in 1909, which happens to be the year of the coin. Most interestingly, the coin has been said to be one of the most famous Lincoln cents there is. Minted in San Francisco, the coin stands out with "V.D.B." on the back of the coin – the initials of the name of the designer. According to Professional Coin Grading Service president Ron Gruth, just 484,000 cents have been issued with VDB initials. The front of the coin features the year 1909 with an “S” under it on the right side of Lincoln. “This is the very rare 1909 S cent with VDB initials on the reverse....
    A LINCOLN penny from the early 1900s has sold for $1,500 – and you may be able to make a decent amount of cash if you come across one. The rare penny, featuring 16th President Abraham Lincoln, was designed by sculptor Victor David Brenner. 2Just 484,000 cents with the designer's VDB initials have been issued 2The rare coin racked up a total of 53 bids While pennies have been around since the late 1700s, the first Lincoln version was minted in 1909, which happens to be the year of the coin. Most interestingly, the coin has been said to be one of the most famous Lincoln cents there is. Minted in San Francisco, the coin stands out with "V.D.B." on the back of the coin – the initials of the name of the designer. According to Professional Coin Grading Service president Ron Gruth, just 484,000 cents have been issued with VDB initials. The front of the coin features the year 1909 with an “S” under it on the right side of Lincoln. “This is the very rare 1909 S cent with VDB initials on...
    HOUSEHOLDS will want to check their pocket change as a rare Lincoln penny error coin has sold for $352. The one cent coin is a rare 1972 doubled die observe version of the Lincoln Memorial cent. 2The Lincoln penny sold for more than $325 on eBay last week 2The error coin had a starting price of $1 and then racked up 49 bids The Phildelphia-minted coin features the doubling of the letters "In God We Trust" alongside the top of the coin. It also has the doubling of the word "Liberty" on the left side and the year 1972 on the right hand side. A doubled die coin isn't properly manufactured, meaning it has the appearance of two images on a single coin die. More than 5.5billion 1972 pennies were made, of which most entered circulation. Experts also estimate that 20,000 examples of the 1972 double die penny were accidentally made. The specific coin in question likely sold for $325.22 on eBay due to being an "error toned coin", meaning it has a slightly different color. Most read in...
    A RARE 25 cent error coin has sold for $599 on eBay, and you could spot one in your spare change. The coin in question was a Washington quarter from 1969 that has been struck off-center and is mis-shaped. 2A Washington quarter error coin recently sold for $599 on eBay 2The mis-shaped coin racked up 28 bids from keen coin collectors The first US President, George Washington, features on the coin, which was first released in 1932. The coin was rolled out to commemorate the 200th anniversary of George Washington's birth, and has remained in circulation ever since. The eBay listing noted that the error coin is "magnificently and grotesquely mis-shaped" and a "definite keeper". It added that if it wasn't an error coin, it would be in "fine condition". The coin racked up 28 bids and sold for $598.88 last month. Of course, any coin is only worth what someone else is willing to pay for it, meaning you're not guaranteed the windfall if you have a similar coin. Most read in MoneyLOTTO LUCK Powerball results LIVE –...
    In this article COINChesnot | Getty ImagesDigital currency company Circle had long claimed its stablecoin, USD Coin, was backed 1:1 by actual dollars in a bank account. In July, it was revealed this was no longer the case, with Circle disclosing in an "attestation" from auditors Grant Thornton that cash made up just over 60% of USD Coin's reserves. The other 40% was backed by various forms of debt securities and bonds. What constitutes a stablecoin's reserves is important. What sets them apart from other cryptocurrencies is the fact that they're pegged to an existing currency like the U.S. dollar or the euro. The aim is to avoid the volatility often found in bitcoin and other major cryptocurrencies. Now, Circle says it's changing the makeup of USD Coin's reserves once again, with just cash and U.S. Treasury bonds underpinning the stablecoin. Centre, a consortium founded by Circle and crypto exchange Coinbase which developed the stablecoin, unveiled the change on Sunday. "Mindful of community sentiment, our commitment to trust and transparency, and an evolving regulatory landscape, Circle, with the support of...
    KEEN coin collectors could be due a cash windfall as a rare $2.5 Liberty Head coin has sold for more than $3,300. The gold coin racked up an eye-watering price tag of $3,333 on eBay recently after attracting 26 bids. 2The circulated coin from 1840 features Lady Liberty on one sideCredit: eBay The specific coin was minted in 1840, but the quarter eagle series coins were then made until 1907 in almost 12million pieces. The coin features Lady Liberty facing to the left on the obverse side of the coin, wearing a coronet with the word "LIBERTY" inscribed on it. She's also surrounded by 13 six point stars, which represent the 13 original colonies. Meanwhile, the reverse side features a bald eagle, with a shield across its chest, carrying an olive branch and a bunch of arrows. 2The gold coin racked up 26 bids before it sold for more than $3,333 on eBayCredit: eBay Is your small change worth a fortune?IF you think that you might have a rare coin then you might be able to make a real mint....
    A RARE £2 coin with a minting error on it has sold for £420 after collectors battled to bag it in a massive bidding war. The coin, which the seller claims was minted in 2010, has been struck twice on both sides. 3This error coin has been sold for a whopping £420 on eBayCredit: eBay This means that both designs on each face of the £2 coin have doubled up and “fallen off” the side. On one face of the coin, you can see the Queen’s head has been stamped twice and is not aligned in the centre. While the other side, which features the “Standing on the Shoulders of Giants” design, also has the same minting error. Coins with mistakes tend to be among the highest valued because of their extremely limited numbers. 3Ten bidders locked horns for itCredit: eBay 3One lucky collector scooped it up with just seconds to spare They tend to be in demand with collectors, because it's pretty rare if coins with an error make it into circulation. Many will pay over the odds to...
    A TIKTOK user showed followers that they've been inserting coins at the self-checkout cash register all wrong. This new hack is set to save you a lot of time and effort. 3A TikTok user revealed people have been using the coin slot at self-checkout machines all wrongCredit: TikTok/wicked_boss_babe In the video, mom and beauty influencer Cherise showed how she had been inserting coins into her local self-checkout cash register. Like many people, she would push one coin at a time through the slot, which can honestly be both exasperating and time consuming. However, in the video, the person who was teaching her the proper way to deposit change into the machine shook their finger at the camera to show that this was all wrong. They simply lifted the lid that covered the coin slot to reveal a much bigger hole. 3You can simply lift up the lid to add the coinsCredit: TikTok/wicked_boss_babe Once the slot had been opened, all they had to do was dump the chunk of change at once and the machine would count it...
    THE price of Dogecoin has surged once more after Elon Musk backed new moves to massively slash its transaction fees. The mega-rich Tesla boss said it was “important to support” the plan after previously calling for Dogecoin to become the crypto currency of the internet. 3Elon Musk has backed moves to massively slash Dogecoin transaction feesCredit: AFP The proposal would reduce the average fee of a standard transaction by around 100 TIMES. But a word of warning - buying any cryptocurrency is a seriously risky business. They're highly volatile meaning your cash can go down as well as up in no time at all - and you must be prepared to lose all of your cash if things go wrong. Make sure you've carried out thorough research and never invest in something you don't understand. 5 risks of crypto investmentsTHE Financial Conduct Authority (FCA) has warned people about the risks of investing in cryptocurrencies. Consumer protection: Some investments advertising high returns based on cryptoassets may not be subject to regulation beyond anti-money laundering requirements.  Price volatility: Significant...
    WITH most of us spending more time at home, you want may to dig through your spare change for rare and valuable coins. If you spot one of the top six, then you could end up making a tidy profit, as they're worth up to $10,633 each. 13We round up the most valuable coins in the US, based on sold pieces on eBay We had a look on eBay for the most valuable circulated coins sold in the US recently. So take a look at the coins below, because you can be quids in. Although, the value of the coin obviously depends on the demand from collectors and it's only worth as much as someone is willing to pay for it. In general, the lower the mintage the rarer the coin, and the rarer the coin the more valuable it is. Is your small change worth a fortune?IF you think that you might have a rare coin then you might be able to make a real mint. The most valuable coins are usually those with a low mintage or an error. These...
    THE coronavirus pandemic isn’t just hurting the pockets of average Americans but that of the US Mint as well - who are now asking for help to solve the nationwide coin shortage. The coronavirus pandemic has caused a shortage of pennies, nickels, dimes and quarters, which has led the Federal Reserve to start rationing coins in June. 4The Mint, who manufactures the nations coin supply, is encouraging Americans to start spending, depositing or exchanging their coins for currencyCredit: Getty Images - Getty On the other hand, banks have been asking their customers to break open their piggy banks and pump more coins into circulation. Because of the coin shortage most retailers and restaurants are urging consumers to pay with credit cards or exact change – with some temporarily not giving change or instead are offering the difference on loyalty cards. Now, the Mint, who manufactures the nation’s coin supply, is encouraging Americans to “start spending their coins, depositing them, or exchanging them for currency at financial institutions or taking them to coin kiosk.” If you have a piggy bank or...
    PINE TOWNSHIP, Pa. (KDKA) — A lawsuit alleges a well-known restaurant chain is keeping change instead of returning it to customers. The lawsuit alleges Chipotle Mexican Grill has caused consumer losses of hundreds of thousands of dollars. One of the complaints came from a customer at the Pine Township Chipotle on Perry Highway. It is not the first complaint either. The Attorney General’s Office says, so far, they’ve received five similar complaints. (Photo Credit: Bryce Lutz/KDKA) Another example in the lawsuit cites Chipotle in Hampton, where customers were allegedly not given the proper change they were entitled to. Chipolte has 96 restaurants statewide, including many here in the Pittsburgh area, where the lawsuit originated. “It has become very clear that this is a top-down directive from the corporation, this is how they should handle this situation,” said attorney Frank Salpietro. Salpietro says he expects the restaurant chain to defend its actions by blaming the national coin shortage. “I understand that the pandemic is affecting all of us. But that doesn’t give Chipolte the license to line it’s own pockets at...
    Opinion: If this college football season actually happens, all players will deserve a ring 4 easy ways to treat sunburn, according to a dermatologist ‘People need to do their laundry’ — national coin shortage is hurting laundromats ASSOCIATED PRESS © Getty Images The national coin shortage has been an unusual side effect of the pandemic. Among its victims? Retailers, laundromats and even the tooth fairy. Load Error The Federal Reserve announced in June that the supply system for coins had been severely disrupted by the pandemic. While there are still enough coins out there, they aren’t circulating as freely because many businesses have been closed and consumers aren’t out spending as usual. The U.S. Mint and Treasury Secretary Steven Mnuchin have urged Americans to use coins or turn them in to banks to help for now. As the economy recovers and businesses reopen, the coin supply is expected to normalize. In the meantime, people have have been forced to find workarounds. Retailers large and small have urged shoppers to use cards or exact change whenever...
    The national coin shortage has been an unusual side effect of the pandemic. Among its victims? Retailers, laundromats and even the tooth fairy. The Federal Reserve announced in June that the supply system for coins had been severely disrupted by the pandemic. While there are still enough coins out there, they aren't circulating as freely because many businesses have been closed and consumers aren't out spending as usual. The U.S. Mint and Treasury Secretary Steven Mnuchin have urged Americans to use coins or turn them in to banks to help for now. As the economy recovers and businesses reopen, the coin supply is expected to normalize. In the meantime, people have been forced to find workarounds. Retailers large and small have urged shoppers to use cards or exact change whenever possible. Some won't provide change. Grocery giant Kroger Co. is still accepting cash, but offers customers the option to load their change onto loyalty cards to use on their next visit or to donate the balance to charity. Convenience store chain WaWa offered customers a free beverage at some of...
    By SARAH SKIDMORE SELL, AP Personal Finance Writer The national coin shortage has been an unusual side effect of the pandemic. Among its victims? Retailers, laundromats and even the tooth fairy. The Federal Reserve announced in June that the supply system for coins had been severely disrupted by the pandemic. While there are still enough coins out there, they aren't circulating as freely because many businesses have been closed and consumers aren't out spending as usual. The U.S. Mint and Treasury Secretary Steven Mnuchin have urged Americans to use coins or turn them in to banks to help for now. As the economy recovers and businesses reopen, the coin supply is expected to normalize. In the meantime, people have have been forced to find workarounds. Retailers large and small have urged shoppers to use cards or exact change whenever possible. Some won't provide change. Grocery giant Kroger Co. is still accepting cash, but offers customers the option to load their change onto loyalty cards to use on their next visit or to donate the balance to charity. Convenience store chain...
    The U.S. Department of the Treasury is begging Americans on Twitter to turn in their spare change. Hide In a tweet on Tuesday, Treasury Secretary Steve Mnuchin pleaded with users to dig into their pockets and under their couch cushions to look for loose coins. Hide “If you have extra coins at home, please use them to make purchases— or deposit them at the bank or exchange them for cash,” Mnuchin tweeted. “Help get coins moving!” If you have extra coins at home, please use them to make purchases— or deposit them at the bank or exchange them for cash. Help get coins moving! ????????— Steven Mnuchin (@stevenmnuchin1) August 11, 2020 Hide But Twitter users weren’t ready to give up their hard earned change, or at least they were’t willing to listen to Mnuchin. Users began showing off their coin collections in response, daring Mnuchin, in very American fashion, to come and take it. “I have a huge jar chock full of pennies and you can’t have them,” @Chinchillazllla said. Hide I have a huge jar chock full of...
    FULLERTON (CBSLA) — Coins have become something of a treasure due to a nationwide shortage caused by the pandemic. Shoppers like Liz Savage say she recently had to stand her ground to get 12 cents in change at a Ralphs in Fullerton. She gave the cashier $6 in cash for her $5.88 in purchases. “He bags my stuff, gives me the bag and the receipt and he doesn’t give me my change,” she said. So she asked for her 12 cents. “’Oh, we have a shortage. We don’t have coin,’” Savage recalls the cashier telling her. “And I said, ‘well that’s not my problem.” Savage says she finally got her change. But when she looked at her receipt, she noticed the cashier had put the 12 cents “coin change” back into the total of her purchase so it was a round amount. She later learned the money had been put onto her rewards hard. “There were no signs, there was no warning. There was no explanation. Nothing,” she said. John Breyault said that what the cashier did was akin to...
    Coronavirus updates: Florida reports new daily death toll record What happens when you reach your limit online Chick-fil-A locations offer free food for coins amid national shortage Two Chick-fil-A locations have offered free food in return for $10 in change to combat coin shortages. The special offer requires bringing in $10 in any combination of rolled coins for $10 in bills and a card for free food, including a sandwich. Both locations attributed the need for change to a national coin shortage, which has been the result of coronavirus-related economic closures. © Provided by CNBC Workers at a Chick-fil-A deliver meals to customers in their vehicles at the drive-up window after the restaurant closed its indoor seating in an effort to curb the spread of the coronavirus pandemic on March 20, 2020 in Pembroke Pines, Florida. Two Chick-fil-A locations have gotten creative to combat coin shortages at the restaurants as they offered free food in exchange for $10 in change. Load Error The restaurants in Huntsville, Alabama, and Lynchburg, Virginia, announced the special offer for bringing...
    Fact check: Expanded COVID-19 testing shows more cases, doesnt cause high positivity rate McDonalds to close 200 U.S. restaurants. Heres where some of the closures are expected Your Kids Can Help With the Nationwide Coin Shortage The coronavirus has gifted us many tragedies and inconveniences both large and small this year, and among the latest is one that most of us probably wouldn’t have predicted a few months ago—a nationwide coin shortage. © Photo: Billion Photos (Shutterstock) Reduced retail sales activity this year has slowed the pace of coin circulation to the degree that adequate amounts are no longer available in some areas, causing businesses to request or require that customers pay for purchases with cards or exact change. But the U.S. Mint says in a recent statement that the coin shortage is one part of this pandemic that we can solve, if we each do our part: You can do so by paying for things with exact change and by returning spare change to circulation. Until coin circulation patterns return to normal, it may be more...
    LYNCHBURG, Va. -- Passing through central Virginia? If so, there's a Chick-fil-A offering you a free meal.To address the coin shortage in the U.S., one Chick-fil-A restaurant is asking customers to bring in their spare change. A Virginia Chick-fil-A is offering its customers a free meal if they come in with $10 in rolled coins. The customer would get their money back in dollar bills and a coupon for a free entrée.This national coin shortage is affecting countless businesses, including many in the Southeast.Right now the only Chick-fil-A restaurant offering the deal is on Wards Road in Lynchburg, Virginia. Employees will collect coins until they get all they need.There is a maximum of 10 coupons per guest.