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Cedar Rapids Gazette Newspaper Archive: November 6, 1974 - Page 10

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Publication: Cedar Rapids Gazette

Location: Cedar Rapids, Iowa

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   Cedar Rapids Gazette (Newspaper) - November 6, 1974, Cedar Rapids, Iowa                                A Silver Dollar Changes Hands Three Times Till' hlk'i' siKH'iim'ii ill' the Him-IIII.K The Idler spui'lincn of UK famous 1SU4 silver (lollur dwiiKOd ownership lliw limes in iwo weeks. Arairdlnn lo a n slor.v mil of "Coin the final price of is the larnesl over for :i U.S. silver or copper coin. The fiimiius Idler specimen, which sold for The Odar Rapids Gazette; Wfd.. Nov. 6. 1974 Business Merger Activity Decreases MONEY CLIPS by Mort Reed u year ago, sold iwicc in quick succession In Ihe lal- lor (lays of Seplemher and early October at prices ranging from lo Howlers and linddy (lallerles sold the coin lirsl lo Blackburn and liluckburn. a Washington firm for me ad- vertised price of Within the week il was sold to Continental Coin naileries of Minneapolis for a record price of The Idler specimen is generally kown lo be the finest of the 1804 dollars with a no- ticeable proof surface in the field and extremely sharp edges on the lettering. The coin was originally acquired from the United States Mint by William Idler in Ihe 1850s. It was later sold by his son-in-luw in HIII8 and sub- sequently passed In the celebrated William collection In it was placed nil the market by Max Modi and later became Ihe properly of Kdwin llydeinan Twice between Hllil and Ihe 1HII4 dollar changed hands again. In 11173 Ihe Bowers and Hnddy galleries paid for Ihe coin inn-chased Ircim a private owner in Allantji The 18114 dollar while not rarest issue nf (he II. S Mini, is the world's most famous 'necessity" coin. 01- I'icials (if the Mint in when reparing a set of l'.S. coins for presentation to certain foreign dignitaries (Ihe King of Siain and Ihe Imam of were laced with Ihe absence of a dollar-size coin in Ihe sol. SHUT none liad been struck since 18113. To fill nut Ihc scl. they employed Ihe dies (if Ihe I8IW l.vpe hut slumped Ihe dale iis Ihe dale. The. dies wen: not destroyed nnlll 18511. In this period. Mini nf- fieials heisin to huild a iiutloniil numismalic collection hnl willi a shorlawe of curlier specimens il was necessary lo produce at least a half down 1H04 dollars including the Idler specimen. In all. a total of Ki.lKlll dollars are known lo exist. Five are permanently im- pounded in museum collec- lions. Only one oilier has ap- peared no Ihe market since liHH We recommend reading The Fantastic 1804 Dollar, by Kric I1 Newman, and Kenneth Hrossolt. published by Whit- nan Publishing? Company Uaeino. Wis. (I Set number seven including the Abraham Lincoln IB cent; the Andrew 17 cent and Ihe I'lysses S. (Irani 18 i-oiil of the pure Kino silver series has .iusl been released. The antique finished silver reproductions are part of the 32 stamp presidential postage series issued between MI3S and in denominations running from 1-V2 cent lo 45.1111 Interested readers may write li. James Harper. Presidential Stamps. IX'pl. I.. Presidential Art Medals. Inc., West lional Road. Vandalia. Ohio 45377. WASHINGTON (AI'I Business merger activity dropiied off last year, although the number nf larger mergers remained about Ihe same. Ihe Federal Trade Commission says. The 2.82IJ mergers in constituted a high number, but the lolal was off 10 percent from 1072. -5 Senior CHizen Buses Cedar Rapids System Telephone 363-8244 Area Ten (SEATS) In Cedar Rapids 398-5605 Elsewhere 800-332-5934 Immediate FREE DELIVERY Take Months to Pay USE SMULEKOFF'S BUDGET ACCOUNT Your account stays with the store. It is never sold to a finance company. ALWAYS PARK FREE Use our new Storeside Lot, the Park Shop or Ride Shop Plan. rooms in a lavish choice of styles and fab- rics all at the right price s tf 
                            

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