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 Replies: 16 / Views: 1,769 |
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Valued Member
United States
260 Posts |
Hey I have decided to start a coin Q&A this is to just test our coin knowledge and to help inform new collectors. Heres how we play. I ask a question and you guess the answer I will change the question and post the name of the first person to get the pervious question right. Simple right? My next post will contain the first question, good luck!
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Member
United States
1154 Posts |
Sounds good. Waiting for the first question
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Valued Member
 United States
260 Posts |
What current stat coin auction was closed to the public? Which resulted in many furious coin collectors?
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Valued Member
United States
260 Posts |
Let me rephrase that. What recent.
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Valued Member
United States
260 Posts |
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Pillar of the Community
United States
590 Posts |
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Valued Member
United States
260 Posts |
Really? If you have the magazine COINage you should know.
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Pillar of the Community
United States
1247 Posts |
Are you referring to some of the coingate stuff that was liquidated?
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Valued Member
United States
260 Posts |
Never mind I will just post a new question. It will be in my next post.
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Valued Member
United States
260 Posts |
What three coins were issued to celebrate Mount Rushmore's 50th anniversary?
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Valued Member
United States
95 Posts |
1991
Mount Rushmore Golden Anniversary Gold $5
Mount Rushmore Golden Anniversary Dollar
Mount Rushmore Golden Anniversary Half Dollar
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Valued Member
United States
260 Posts |
Congratulations you are correct. I will post a new question soon.
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Valued Member
United States
218 Posts |
quote:
Originally posted by coolg35748
What current stat coin auction was closed to the public? Which resulted in many furious coin collectors?
The answer is the Ohio coin fund auction. The coins in the collection that belonged to the state of Ohio Workers Retirement Fund (managed by Mr. Noe) were recently offered at auction, however the auction was closed to the public and most coins received no bids. the result was that the entire collection was sold directly to a dealer at well below the coins' true market value. Unfortunately, the workers of Ohio were cheated again (maybe for the first time, since it is not entirely clear that Noe cheated them in the first place) because their government didn't know what it was doing and they failed to pay knowledgable people to do the job for them. They just allowed the same system that auctions off used snow plows and road constructions signs to sell the coins and it cost them big time! Someone should have told them to "buy the book before selling the coin!" |
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Pillar of the Community
United States
2177 Posts |
quote:
Originally posted by coolg35748
Never mind I will just post a new question. It will be in my next post.
[:0]You can't just say "never mind" and let it go at that![:0] Give us the answer to your first Question.  |
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Valued Member
United States
260 Posts |
The_Cave_Troll answered that question correctly.
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Valued Member
United States
383 Posts |
Actually longnine009 nailed it. I have heard this Noe mess refered to as " coingate " previously.
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Replies: 16 / Views: 1,769 |
Posted 06/14/2006 9:30 pm
