1794 Liberty Cap Large Cent for Auction

"Buried treasure really does exist.

A rare 18th-century copper coin that was found with a metal detector will be auctioned at noon today in Bethel Township.

Auctioneer Russell Wolfe Jr. said his client, a Myerstown-area man, was unsure when he found the coin, but he knew that he found it while metal detecting.

'He's been collecting close to 40 years,' Wolfe said.

Wolfe discovered the 1794 large cent with a starred reverse in a collection that was consigned for sale."

Read more HERE.

Image Credit: coinfacts.com

Scottish Treasure Stays Put

"The man who unearthed a hoard of Roman coins said the 'Gods will be pleased' after it was announced they will stay in the county where they were found.

The Frome hoard – the largest collection of Roman coins ever unearthed in a single container – will go to the Museum of Somer­set thanks to a grant of almost £300,000 from the National Heritage Memorial Fund.

The silver and bronze coins were found in Somerset last year by metal detector enthusiast Dave Crisp, from Wiltshire."

Read more HERE.
Another article HERE.

Image Credits: Ben Birchall / PA Wire

Coins at the Gun Show

I headed out this morning to the February 2011 edition of the Tanner Gun Show up in Denver. I had a great day walking around checking out all the guns, swords, knives, militaria... and yes, even coins!

I spied quite a few vendors there selling coins and many were also looking to buy gold and silver at the mornings opening spot price, forseeing the impending rise in the metal markets.

I'm not a coin collector, or collector of currency really at all (though I do have my stash of foreign and domestic coins I've gathered), but I can appreciate the artistry and the historical significance of the coins and just overall really love looking at them.

Lastly... who goes to a gun show and doesn't buy... a gun!? I had one in mind before going. The local gun shop down the street from my house wanted nearly the $900 MSRP for this beauty. The first vendor at the show I saw ith it wouldnt go lower than $650 + tax. I ended up finding it for $599 out the door from another vendor. Gotta love it. I took the pic above myself. It's a Taurus PT-1911 AR .45 ACP. The military patches are my unit patch from the up in CT, the 94th RRC (Regional Readiness Command), and then my "war" patch, the 377th TSC (Theater Support Command).

Gold/Silver Coin Melt Calculator

1) Get the current gold or silver market price from the Kitco banner on the top right.
2) Select the type of gold or silver coin you are curious about from the pull-down menu.
3) Input the number of said coin.
4) Click the "Calculate" button to display to total precious metal value in USD.
5) Click "Clear Fields" to empty the number of coins and metal value and start again :)