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The E-Sylum: Volume 22, Number 38, September 22, 2019, Article 25

LOOSE CHANGE: SEPTEMBER 22, 2019

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

The Most Valuable Post-1950s U.S. Coins

Joshua McMorrow-Hernandez published a piece on CoinWeek about some of the most valuable post-1950s U.S. coins. Here's an excerpt. -Editor

1973-D Eisenhower dollar obverse The recent private transaction of the ultra-rare 1975 No-S Proof Roosevelt dime for $516,000 USD, coming just a few days after realizing $456,000 during a public sale by Heritage Auctions at the Long Beach Expo in California, puts into perspective the great importance of modern rare coins. While some collectors and dealers eschew modern clad coins, often going so far as to dub such coinage as mere “junk”, post-1950s coinage is clearly earning a place in the hearts and minds of more collectors.

And the proof is in the sales records, as the rarest examples of many modern coins are increasingly charting five- and even six-figure prices. In the decades since the early 1980s, when the only two known 1975 No-S dimes realized impressive five-figure sums of $18,200 and $38,550 during an initial offering by Illinois coin dealer Fred Vollmer, they and other modern coins have made some impressive marketplace showings.

In some cases, a modern coin needn’t even contain an error or unusual variety to score a high price.

To read the complete article, see:
Five More Rare Modern Coins Worth Big Bucks (https://coinweek.com/modern-coins/five-more-rare-modern-coins-worth-big-bucks/)

Virgil Brand's Coins

Martin Kaplan passed along this CoinsWeekly article on Virgil Brand and his collection, based on the Chicago Coin Club press release from earlier this year. It includes images of some important world coins from Brand's collection. Check it out. -Editor

Virgil Brand To read the complete article, see:
the Biggest Coin Collection Its Collector and the Hall of Fame of the Chicago Coin Club/ (https://coinsweekly.com/the-biggest-coin-collection-its-collector-and-the-hall-of-fame-of-the-chicago-coin-club/)

To read the earlier E-Sylum article, see:
CHICAGO INDUCTS VIRGIL BRAND INTO HALL OF FAME (https://www.coinbooks.org/v22/esylum_v22n13a20.html)

The Case of the Coin-Collecting Cop Named Crooks

A policeman who liked coin collecting a little too much is in trouble for taking a suspect's coin from the property room. -Editor

An Indianapolis police lieutenant is disputing criminal charges filed against him Thursday after investigators say he stole a suspect's "lucky gold coin" from the police department's property room.

Crooks, 56, worked as a supervisor in the property room, according to court records, and oversaw other personnel there. The department's property room is where officers store evidence and suspects' personal belongings, such as guns and money.

In an interview with detectives, a civilian supervisor said Crooks was "always looking for coins" in the property room.

Crooks told property room employees to set the coin aside, according to investigators, while he withdrew cash from the bank to replace the value of the coin. He took a $20 bill out of his pocket and traded it.

Officers had seized the coin as part of a drug investigation in July 2018, according to court documents.

A civilian employee told investigators of another instance when Crooks traded a coin for cash.

According to investigators, Crooks once told her: "If you find any coins in the count, don't forget me."

Um, it's not the "money" room or the "cash" room, it's the Property Room. Everything in it is the property of someone else. As a collector I've certainly asked cashiers to exchange scarce coins for a cash equivalent, but switching a double eagle for a $20 bill in this case is property theft, even if the clerk on duty is complicit. Weird. -Editor

To read the complete article, see:
IMPD officer stole 'lucky gold coin' from property room, investigators say (https://www.indystar.com/story/news/crime/2019/09/20/impd-officer-stole-lucky-gold-coin-property-room-investigators-say/2384899001/)



Wayne Homren, Editor

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