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October 11, 2008 11:38:19 AM CDT


Stories related to: US Mint

Stories

9 Stories

  • September 2008
    • Lincoln Penny Gets a Redesign

      Lincoln Penny Gets a Redesign

      (Newser) - The US Mint today unveiled four new designs that will adorn the back of the Lincoln penny next year to commemorate the bicentennial of Honest Abe’s birth, CNNMoney reports. The classic portrait of the 16th president will remain on the heads side. The reverse will depict scenes from Lincoln’s life, from his humble beginnings to service as an Illinois state senator. More »

      Tags

      money   Abraham Lincoln   US Mint   penny   commemorative coin

  • May 2008
    • US Rations Silver Dollars as Investors Scoop Them Up

      US Rations Silver Dollars as Investors Scoop Them Up

      (Newser) - Investors and coin collectors are hopping mad at the US Mint for placing quotas on purchasing silver dollars, the Wall Street Journal reports. The price of silver has more than doubled in the last three years, and investors looking to cash in on the boom—and avoid the stock and real estate markets—are snapping up this year's "silver eagles" much faster than the mint can make them.  More »

      Tags

      US Mint   metal prices   collecting   coins   silver

  • March 2008
    • New $5 Bill Debuts Today

      New $5 Bill Debuts Today

      (Newser) - Honest Abe may've been a bit pasty and gaunt, but the public can now see him in a more vivid hue: The redesigned $5 bill, complete with splashes of purple designed to thwart pesky counterfeiters, is being released today. Lincoln keeps his place on the front, and his memorial on the back—and the first new fiver will be spent at Lincoln's Cottage in Washington, DC. More »

      Tags

      Federal Reserve   US dollar   Abraham Lincoln   US Mint   counterfeit   US currency   watermark   counterfeiters

  • February 2008
    • Paulson Wants to Toss Pennies

      Paulson Wants to Toss Pennies

      (Newser) - Henry Paulson sees little point in pennies and would stop their production if he could, the AP reports. “The penny is worth less than any other currency,” the Treasury Secretary said today in a radio interview. But a sea change in change isn't imminent: Paulson says he has bigger challenges to tackle in the last year of the administration. More »

      Tags

      Henry Paulson   Treasury Department   US Mint   US currency   metal prices   penny

  • November 2007
    • Makes Cents: Final Five State Quarters Unveiled

      Makes Cents: Final Five State Quarters Unveiled

      (Newser) - The 50-state quarter program will wrap up next year when quarters for the final five states will be released. The US Mint revealed their designs yesterday: Oklahoma's quarter will feature the state bird, the scissortail flycatcher, and the state flower, the Indian blanket. New Mexico's coin will be marked with a Zia sun symbol. Arizona's will include the Grand Canyon and a Saguaro cactus. Alaska's coin will feature  a grizzly bear with a salmon in its mouth. Hawaii's will be stamped with King Kamehameha. More »

      Tags

      Alaska   Arizona   Hawaii   New Mexico   Oklahoma   US states   US Mint   quarters

    • Prototype Coins Go for $30M

      Prototype Coins Go for $30M

      (Newser) - An anonymous buyer spent more than $30 million on a collection of about 1,000 coins that never made it to circulation, the AP reports. The rare “pattern coins,” dated from 1792 to 1942, are trial designs the US Mint rejected before producing them for circulation. Those coins generally stay in the hands of the Mint, making a collection this large very valuable. More »

      Tags

      US Mint   collecting   coins

    • Feds Seize Ron Paul 'Dollars'

      Feds Seize Ron Paul 'Dollars'

      (Newser) - Federal agents raided the Indiana headquarters of a so-called "sound money" group this week, seizing nearly 60,000 "Ron Paul Dollars"—copper coins bearing the likeness of the renegade Texan congressman, GOP candidate for president and sound-money advocate. The organization has more than $20 million in illegal private currency, dubbed Liberty Dollars, in circulation; they're said to be backed by silver and gold stored in Idaho, the Washington Post reports. More »

      Tags

      Federal Reserve   US dollar   Ron Paul   currency   US Mint   libertarians

  • September 2007
    • Feds Give Abe's 5-Spot a Facelift

      Feds Give Abe's 5-Spot a Facelift

      (Newser) - When you pull out a $5 bill next spring, you'll still see Honest Abe—but you'll also see a bunch of purple and gray, some big number fives, and new watermarks and security threads. Sick of pesky counterfeiters bleaching the fiver and turning it into a C-note, the feds unveiled the redesigned bill today, the AP reports. More »

      Tags

      US dollar   currency   Abraham Lincoln   US Mint   counterfeit   watermark

  • August 2007
    • The C-Note Gets a Facelift

      The C-Note Gets a Facelift

      (Newser) - Even Ben Franklin has a little work done every now and then. The $100 bill, which bears the founding father's image, is undergoing a state-of-the-art redesign aimed at thwarting counterfeiters who target the C-note more than any other denomination, the AP reports. The new security thread utilizes microprinting and 650,000 tiny lenses per bill that magnify the image. More »

      Tags

      money   Treasury Department   US Mint   counterfeit   US currency   watermark

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