Stock Market Final Thrust is Likely

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Bitcoin Smashes Through $18k… and Now $19k As Insane Jim Cramer’s “Kibosh” Threat All Hot Air

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Nader Explains the Ongoing Collapse of the Democratic Party

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Relief Rally in Gold Mining Stocks

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Best Time / Month to Buy a Used Car From a UK Dealer

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Amid Bad Fundamentals, Gold Sector Rally May Have Begun

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Alabama Election, FOMC Meeting and Gold

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Dollar and Bonds are Showing Weakness/Sell Signals

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Bitcoin Trading Alert: Bitcoin Pauses – Will Appreciation Follow?

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The LORAX Explains What Happened to Sheffield’s Street Trees 2017

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Gold Bullish on US Fed Interest Rate Hike

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A Pivotal Week For Gold And Crude Oil

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Inflation is Spiking Globally… Bond Bubble Bursts in 3… 2…

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Stock Market Aggressive Sell Signals, but Discretion is Warranted

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WTI Crude Oil Elliott Wave Analysis

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Chet’s birthday evokes fond memories

Tomorrow would have been Chester L. Krause’s 94th birthday.

The man who founded Numismatic News in 1952 had quite a positive impact on Iola, Wis.

His birthday was always a time when well wishers stopped by to congratulate him.

He died June 25, 2016.

Last year, there was a birthday/memorial party for him at his office in downtown Iola.

It was a festive affair where everyone ate birthday cake and shared memories.

The office closed by year end 2016, so this is truly the first year without traces of Chet for those of us who worked for him.

Some of us, perhaps even most of us, still find ourselves asking from time to time what Chet would think or say about certain things.

Much has happened since he retired from day-to-day management in 1992.

All ties to the company had been cut by 2002.

That is why he kept an office downtown from which he could oversee his many community, as well as personal, projects.

I recall Chet in his prime.

When the price of silver popped over $ 15 an ounce in September of 1979, he went into the vault and pulled out a San Francisco Assay Office silver bar that was not a shiny, even-weight bar of the kind made by Engelhard or Sunshine.

It was poured and had the odd weight stamped on it.

He showed it around the office and told us how much the 107 or so ounces had gone up in value.

He recounted to me that when he was younger he had tried to speculate intelligently in silver.

While he did not say he was a failure at it, he did say he decided his time was much better spent building Krause Publications as a thriving business.

I am glad that was the decision he made, even though I shared his fascination with silver speculation.

Most coin collectors probably do also.

Silver went on to peak out at $ 50 just four months later, and then it plunged.

Lucky me. I was able to witness it, write about it, and get some vicarious thrills from it from the safety of my desk chair here in the Iola office of Numismatic News.

Chet eventually created an employee stock ownership plan in 1988 that provided solid boosts to the future retirements of hundreds of employees.

We were fortunate he did this.

This is the time of year to count blessings. I do.

However, I cannot help but wonder what Chet would have made of the current Bitcoin phenomenon.

I wish I could ask him.

Buzz blogger Dave Harper won the Numismatic Literary Guild Award for Best Blog for the third time in 2017 . He is editor of the weekly newspaper “Numismatic News.”

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Gold’s Upside Target

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Sheffield’s ‘Real’ LORAX Defending the Trees From the Labour City Council Patrol Units

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Trends in the U.S. Unemployment rate and the U.S. Yield curve

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Stock Market Decline Signals are Near

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December 2017 FOMC Meeting and Gold

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Strap Yourself In – We Are About To See Some Big Moves In Precious Metals

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The Unprotected, the Protected, the Vulnerably Protected Classes—Which Are You?

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Santa Is Putting Christmas On The Blockchain And Saving Billions

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Year-end US Interest Rate Hike Again Proves To Be Launchpad For Gold Price

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Gold $4 Stella makes million dollar milestone

No sooner do I put a news story into Numismatic News saying only two coins sold at auction this year for more than $ 1 million than I get news of another million-dollar coin.

It was not sold at auction, but a million-dollar sale is exciting and newsworthy nevertheless.

David Lawrence Rare Coins says it acquired on behalf of a client a Proof-66 Cameo 1879 Coiled Hair gold $ 4 Stella for just over $ 1 million.

The coin is graded by the Professional Coin Grading Service.

The firm dubs it one of the newest members of the PCGS Million Dollar Coin Club.

It had previously sold in January 2014 for $ 851,875 in a public auction.

John Brush, president of David Lawrence, said, “A collector that we’ve had the privilege of working with in recent years contacted us in his search for a Coiled Hair Stella. Thanks to our long-standing relationships with dealers throughout the country, we were able to locate this piece quickly, and we were excited to marry the coin and the collector.”

That’s well said, isn’t it?

Coin collectors do marry their coins. In fact, this relationship can last longer than actual marriages.

DLRC notes the history of the gold $ 4:

The $ 4 Stellas of 1879 and 1880 are considered pattern coins but are treated and collected as regular-issue proof gold pieces.

“Originally created by John A. Kasson with help from Dr. William Wheeler Hubbell, the Stellas were to be used for international trade. However, the coins did not gain traction and the production was halted.

“There are two varieties, Coiled Hair and Flowing Hair, with Coiled Hair being the rarer of the two. The 1879 Coiled Hair is the second rarest date, the rarest being 1880, and only 12 examples are known to have been minted.

“In the current marketplace, high end coins are becoming harder to locate,” continued Brush. “As collectors and investors once again are returning to collectibles, we’ve seen record results in many public auctions and in private transactions. So when collectors let us know their current want lists, we work hard to locate special coins such as the Coiled Hair Stella.

“This example of the 1879 Coiled Hair Stella can be traced back several generations as it was once part of the fabled Garrett Collection, and more recently the Buddy Ebsen Collection.

“A premium gem with well-struck devices, the lightest softness is noticed on some hair strands due to the typical planchet striations. Frosty surfaces with wonderful cameo contrasts and deeply-mirrored fields, the eye-appeal of this piece is nearly unmatched.”

Congratulations to John Brush, DLRC and the anonymous collector who bought the gold $ 4.

Thanks also to the firm for such a good press release that it provides much of this blog.

Buzz blogger Dave Harper won the Numismatic Literary Guild Award for Best Blog for the third time in 2017 . He is editor of the weekly newspaper “Numismatic News.”

• Like this blog? Read more by subscribing to Numismatic News.

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USDCNH Formed Triangle Pattern On Daily Chart

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A Method Traders Can Use to Confirm an Elliott Wave Count

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