GOLD HAS THE BIG "MO"
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HERE'S ANOTHER CRUNCHING ERROR AND IT IS STRIKING
(SORRY)
A cent that has been obliterated by the strike because of a defective planchet.
No date.
It was graded MS-62 Red and Brown
Do the grading services have a category "crunched and crinkled with fjord like edges."?
It was sold in this past week's error auction for $3,720.
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6 TIME ERROR
Always interesting to look at error coins.
This Washington Quarter, a No Date but D Mint Mark, was struck an amazing 6 times.
It was graded AU-58.
Can you find the mint mark?
"The surfaces are satiny and nickel-gray with light handling marks.", says Heritage.
This piece was in the Heritage auction last week.
Opening bid is $3,100.
It sold for $3,720.
The rim nick on the reverse is mint-induced.
It is concerning as to how they even grade these errors.
And how this piece could escape the Mint's filters.
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GOLD AND SILVER
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AS OF SUNDAY
APRIL 18, 2021
GOLD AU: $1776.50 One week ago it was: $1744.20 Change: +1.9%
SILVER AG: $25.95 One week ago it was: $25.20 Change: +3.0%
We said last week that the1800 mark in gold was coming. It now seems like maybe that might happen. The dollar is weakening and that strengthens the yellow metal. Also, one analyst said "...we've already seen a significant decline from the 10-year yield...", who knows what that is, but it has caused gold to rise. Is there any significance in the number 1776? Is that a good omen?
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