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The E-Sylum: Volume 21, Number 28, July 15, 2018, Article 34

IN OTHER NEWS: JULY 15, 2018

Here are some additional items I came across in the media this week that may be of interest. -Editor

1848 Proof Dime found on eBay

In a July 9, 2018 CDN blog article, Coin Dealer Newsletter Editor Joshua McMorrow-Hernandez interviews Sam Shafer, finder of a very rare proof dime in a recent eBay purchase. -Editor

What would you do if you found an extremely rare 1848 proof Liberty Seated dime in a lot of otherwise ordinary coins you just bought on eBay? If you're Sam Shafer, a 30-year-old vest pocket coin dealer in Fishers, Indiana, you jump for joy! Shafer, who shares his love for the hobby with friends and those who visit Gold and Coin of Fishers, finds buying coins on eBay a profitable way to acquire coins for his business. But he never dreamed his periodic eBay purchases would uncover a rare 1848 proof dime, which had a tiny mintage of merely 10 pieces and has only eight known surviving specimens, all struck from a single pair of dies.

To read the complete article, see:
Indiana Coin Dealer Discovers Rare 1848 Proof Dime in eBay Lot (http://blog.greysheet.com/1848-proof-dime/)

Carson City Mint Commemorative

Coin Update published a short article on July 11, 2018 about the planned Carson City Mint commemorative coin. Some of the proceeds will benefit the Nevada State Museum, which is housed in the former Mint building. -Editor

Carson City Mint

To read the complete article, see:
The Carson City Mint 150th Anniversary Commemorative Coin Act of 2018 (http://news.coinupdate.com/the-carson-city-mint-150th-anniversary-commemorative-coin-act-of-2018/)

Banknote Neutralisation Systems

Earlier this week I saw the headline "ATM banknote neutralization systems made mandatory in Uruguay" and wondered, "What the heck is a banknote neutralization system?" So I asked Dr. Google. -Editor

Stained-Euro-Banknotes

An intelligent banknote neutralisation system (IBNS) is a security system which protects valuables against unauthorised access to its contents by rendering it unusable by marking all the cash as stolen by a degradation agent when an attempted attack on the system is detected. Ink is a popular agent, which functions by staining cash with a permanent dye. Such marked money is highly conspicuous and cannot be readily used. In 2016, glue was released as an alternative agent. Glue alters the physical properties of the banknote by fusing all banknotes inside an ATM cassette together into a solid brick. If one should try to peel off individual notes, they will tear into pieces.

Well-neutralised banknotes cannot be brought back into circulation easily. They can be linked to the crime scene and restricted procedures are in place to exchange them at the financial institution. This makes stealing neutralised banknotes uneconomical and impractical. The IBNS removes the anticipated reward of the crime and increases the risk of being caught. This not only foils the theft but acts as a deterrent against further attacks.

To read the complete articles, see:
Intelligent banknote neutralisation system (https://en.wikipedia.org/wiki/Intelligent_banknote_neutralisation_system)
Intelligent Banknote Neutralisation Systems (https://www.association-secure-transactions.eu/tag/intelligent-banknote-neutralisation-systems/)

Forrest Fenn Interviewed

Dick Hanscom forwarded this nicely done Daily Mail article interviewing Forrest Fenn, the man who says he hid a treasure worth an estimated $2 million in the mountains north of Santa Fe, New Mexico. A number of searchers are interviewed as well. -Editor

‘I think he's a pretty impressive person, no matter whether you believe the story or you don't believe the story,' says Joe. ‘Nonetheless, it's very inspiring.'

‘I just thanked him for everything he's provided us with for the search,' his 16-year-old daughter adds, beaming.

Her mother chimes in next.

‘I think it's provided a different layer of our vacations and giving us something else to do than just the regular hikes,' Julie says. ‘It kind of gives a little bit extra to look for something different and talk about the clues and figure things out.'

To read the complete article, see:
EXCLUSIVE: Inside the epic - and fatal - 8-year hunt for a $2MILLION treasure chest full of gold and gems hidden in the Rockies by a millionaire art dealer (http://www.dailymail.co.uk/news/article-5888961/Inside-epic-fatal-treasure-hunt-Rockies-gold-hidden-millionaire.html)



Wayne Homren, Editor

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