Notable News (November 19-25, 2024)
This week’s headlines include a U.S. Army bronze medal, sale of a rare Carson City double eagle, Hungarian Mint 50,000 forint, and the fate of safe deposit boxes.
Photo: U.S. MintThe bronze version of the U.S. Army silver medal issued by the U.S. Mint will go on sale December 5. The obverse design depicts Continental and modern soldiers armed with the weapons of their respective eras. The bronze medal can be purchased for $20.
Photo: Stack’s Bowers GalleriesA rare 1870 Carson City double eagle (gold $20) recently sold at a Stack’s Bowers auction for $1.4 million. With an original mintage of 3,789, experts estimate that just 40 to 50 examples still exist. This particular piece last sold in 1986 for $23,100.
Photo: Hungarian MintThe Hungarian Mint has issued a new 50,000 forint in its Gold Florins from the Middle Ages program that began in 2012. The latest release, the eighth in the series, is the Gold Florin of Ladislaus V and shows the reverse of the gold forint issued by King Ladislaus V.
Photo: Getty Images/kali9A recent article in the Wall Street Journal stated that safe deposit boxes are becoming increasingly harder to find as many banks are getting rid of them. As more customers use online banking services, the onsite secure storage boxes are no longer seen as relevant. Many coin collectors, however, might disagree.