LOOSE CHANGE: FEBRUARY 5, 2023

 

Mint State 1797 Sheldon-135 large cents are relatively abundant owing to the Nichols Hoard, a group of 1796 and 1797 cents owned by David Nichols. A resident of Gallows Hill in Salem, Massachusetts, Nichols in the late 19th century distributed a number of his accumulated cents to local young numismatists. The coins are thought to have originated with Benjamin Goodhue, kin to Nichols' wife, who served in the House of Representatives and Senate in the 1790s. Numismatic historians have not been able to confirm all the details surrounding the Nichols Hoard, but it is likely that this coin was part of it as S-135 is among the varieties identified in the hoard. Dozens of Mint State examples of S-135 are thought to survive.

To read the complete article, see:
STACK'S BOWERS GALLERIES TO OFFER S-135 REVERSE OF 1797 LARGE CENT IN SPRING 2023 RARITIES NIGHT SESSION (https://stacksbowers.com/stacks-bowers-galleries-to-offer-s-135-reverse-of-1797-large-cent-in-spring-2023-rarities-night-session/)

 

The finest collection of Lincoln Cents has been auctioned for $7,731,811 by GreatCollections, setting all-time world records including the first Lincoln Cent to break the million-dollar mark. 13 other Lincoln Cents realized over $100,000 each.

Blay, a sculptor from New York, was attracted to Lincoln Cents at eight years old. He spent decades traveling the country, visiting coin shops and shows on his quest for the very best, while also sharing his knowledge with fellow collectors and dealers. He consigned his core collection to GreatCollections several months ago and had expected to see the sales results before he unexpectedly passed away in late November, aged 71.

Ian Russell, president and co-founder of GreatCollections said, Stewart spent his life procuring the absolute best-of-the-best Lincoln Cents, and they were very well received by the market. Most of these coins were being auctioned for the very first time. It might be another generation before they appear on the market again.

To read the complete article, see:
Lincoln Cent Records Shattered with $7.7 Million Stewart Blay Collection at GreatCollections (https://www.greysheet.com/news/story/lincoln-cent-records-shattered-with-7-point-7-million-dollar-stewart-blay-collection-at-greatcollections)

Although check writing was the primary means of monetary exchange in the 1980s, today the practice is hardly used. Compared to the instantaneous gratification of a quick Venmo or Zelle payment, checks are a much slower exchange of funds.

However, while this process is a slower form of payment, it is still commonly used today by landlords, contractors and real estate agents. Additionally, for people without internet access, having a checkbook is a necessity. Still, though writing a check remains a trusty method of taking care of expenses, this old-school technique is currently overshadowed by newer and faster online payment options.

According to a recent survey conducted by GOBankinrRates, 45% of Americans have not written a check in the last year. In light of this data, let's take a closer look to find out what alternative methods Americans are using to exchange money.

To read the complete article, see:
Almost Half of Americans Have Not Written a Single Check in the Past Year — Here's What They're Doing Instead (https://www.yahoo.com/entertainment/almost-half-americans-not-written-120019202.html)

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