Courtesy of ZeroHedge by Tyler DurdenFri, 10/04/2019 – 14:01 Anyone who expected that the easing of the quarter-end funding squeeze in the repo market would mean the Fed would gradually fade its interventions in the repo market, was disappointed on Friday afternoon when the NY Fed announced it would extend the duration of overnight repo operations…
“C”-ing Double “39’s” The 3 and 9 in the date are noticeably recut north on this variety, one of the scarcer varieties for the issue. Doug Winter estimates as many as 300 to 400 examples survive from a mintage of 18,140 coins, although the population thins considerably in the upper AU range, and true Mint…
The Mint struck 154 proof quarter eagles in 1907, marking the end of the Liberty Head type. About two thirds of these exist today, and many in remarkable states of preservation. The end of the type may have prompted more examples to be preserved than in other years, but the unappealing matte proofs of the…
Let’s Go Flying The 1856 Flying Eagle cent was originally issued as a pattern, to demonstrate the new small-size copper-nickel design. Large numbers were struck to showcase the design to Congressmen and other VIPs, in both proof and business-strike format. Most of the proofs were from the Snow-9 dies, characterized by a center dot under…
Tough Unc. Civil War $20 Lib. Most of the S-Mint double eagles coined in 1862 entered circulation, and today the average certified grade is just below AU50. The S.S. Brother Jonathan and S.S. Republic treasure recoveries contributed 190 examples to the numismatic marketplace. Despite the appearance of those coins in the last two decades, this…
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