Lotus cars could be made in China at new Geely plant
Shopko pharmacy to close, store spared
How the Government Shutdown Will Hurt the Economy
McDonald's loses 'Big Mac' trademark battle to restaurant in Ireland
U.S. charges Huawei with theft of state secrets
Rare penny found in Pittsfield selling for $120,000
10 January 2019, 06:41 | Austin Hogan
Rare 1943 bronze penny could fetch over $1 million at auction.
High school student Don Lutes, Jr., of MA, came across one by chance - back in 1947. That year, the one-cent coin was supposed to be struck in steel so to preserve copper for more high priority-uses during World War II. But a small number of copper pennies were created by mistake.
Only 20 of the coins were ever produced, making them a "holy grail" item for rare coin collectors.
No need to pinch pennies when it comes to this coin.
After Lutes passed away in September, his coin was given its eye-watering potential value.
- Now that's a pretty penny.
Heritage Auctions now lists Lutes's authentic 1943 Lincoln cent at a whopping $130,000, which jumps to $156,000 with the added Buyer's Premium.
USA dollar eases in Asian trade on expectations of Fed pause
The move frees up $116 billion for new lending as it tries to reduce the risk of a pronounced fall in the pace of economic growth. Yields on two-year Treasuries rose to 2.49 percent, from a trough of 2.37 percent, but were still below those on one-year paper.
Raptors sign former Golden State Warriors guard Patrick McCaw
Now, according to Yahoo's Shams Charania, McCaw will sign a one-year contract with Toronto for the veteran's minimum of $786,000. On Sunday, the Cavs waived McCaw after three games in Cleveland ahead of a deadline that would have guaranteed his contract.
"While a number of other examples have surfaced over the years, no other specimen has been celebrated and written about as much as this remarkable coin", said Heritage Auctions.
The rare penny is one of about 15 copper coins that were accidentally minted by the Department of the Treasury in 1943. These few planchets went unnoticed when the bins were refilled with zinc-coated steel planchets in 1943.
"They eventually became dislodged and were fed into the coin press, along with the wartime steel blanks".
The Mint denied issuing any copper coins but speculation grew about the existence of the rare pennies, with auto manufacturer Henry Ford stating he would give a new vehicle to anyone who could source one for him.
Copper pennies from that year typically don't look very different from the coin as it appears today, but it does look different from the ones manufactured in 1943.
MA native Don Lutes Jr., who died in September, found a 1943 copper Lincoln penny in his lunch money change back in 1947.
A US Army veteran, he would amass some 50,000 coins by the 1970s when he retired from the family manufacturing business, according to Karpenski.
IRS confirms tax refunds to be issued as scheduled
The IRS will pay tax refunds even as the agency is limited in its capabilities because of the government shutdown . The IRS may decide to bring back some of its furloughed workers as the tax-filing season nears.
DNA expert weighs in on Hacienda Healthcare sex assault case
The now-former CEO of Hacienda HealthCare , Bill Timmons , has also stayed silent about exactly what he knew and when he knew it. In the wake of the reports, the Arizona Department of Health Services said new safety measures have been implemented.
AMD Unveils Radeon VII, Says it Outperforms Nvidia 2080 RTX
Damn, this AMD Radeon VII is just layers upon layers of clever. 2019 is shaping up to be another very interesting year for AMD. The Radeon VII will serve as a more direct competitor to Nvidia's RTX 2080 model and will retail for the same price of $699.