1. Kansas City newspaper wants dollar bill banished:
When considering global attitudes, America's infatuation with paper
money falls in the minority.
The Kansas City Star editorial board is apparently among
those who want to join the world majority and bring the dollar coin
back into circulation, showing support in a recent editorial for
legislation introduced by Sens. John McCain (R-Ariz.) and Mike Enzi
(R-Wyo.) that would do away with the dollar Federal Reserve note.
"The Government Accountability Office has recommended the move
for a long time," the editorial reads. "The reason is
simple: Dollar coins, though more expensive to make, last much longer.
The average dollar bill lasts only about four years. A dollar coin
wouldn’t need to be replaced for 30 years."
Read the full editorial from the Kansas City Star.
2. Copper-lacking cents
Since the early 1980s, cent planchets have been composed of zinc
electroplated with copper.
Unplated Lincoln cents present some issues for collectors and
grading services alike.
"Unfortunately, unplated Lincoln cents are difficult to
authenticate in even the best of circumstances, even for grading
services. Here, then, is a quick tutorial on how to identify genuine
unplated cents. I will refer to three examples — a genuine unplated
1989-D Lincoln cent, a 1991-D cent chemically stripped of its copper
plating, and a 1994-D cent that was plated-over with a silvery
metal," Mike Diamond writes.
Read Diamond's full Collectors' Clearinghouse column.
3. 2016 German coin to honor national anthem
A new €20 coin from Germany is set to honor the 175th anniversary of
the country's national anthem, which was written in 1841 by songwriter
August Heinrich Hoffmann.
"Germany will celebrate the 175th anniversary of the song in
2016 with a commemorative silver €20 coin, according to
an announcement from the German Ministry of Finance," Coin World Senior Editor Jeff Starck writes.
4. Connect with Coin World:
5. Precious metals pricing
the following prices per ounce Wednesday at 12:21 p.m. ET:
6. Hot topics
Check out the three most-read stories of the last couple of days:
Approved Mark Twain commemorative coin design
unveiling Nov. 27
92.6 percent of week's American Eagle silver coins
purchased in two days
2015 First Spouse Medal sets selling fast: Monday
Morning Brief, October 12, 2015
7. Something social