The E-Sylum:  Volume 10, Number 37, September 16, 2007, Article 22

1987 LOS ANGELES SALE OF FOREIGN COINS

Regarding the sale of foreign coins by the German subway system,
Bob Fritsch writes: "I remember one such sale done by the City of
Los Angeles in 1987.  They had a few tons of foreign coins left over
from the 1984 Olympics and were planning to auction them off.  I
saw the announcement somewhere and sent for their literature.

"Well, the rules for the auction were so draconian that it was
impossible for me to bid them.  They wanted a huge deposit up front
($10K sticks in my mind), a bid by the pound, with a minimum of xyz
pounds, and no clear rules on how the winners would be decided.
Needless to say, I passed on the opportunity.  They must have liked
me however, because I received announcements of new sales for about
15 years after that!"

 BRITISH COINS USED AS SLUGS IN GERMAN SUBWAY SYSTEM
 esylum_v10n32a14.html

  Wayne Homren, Editor

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