National Coin Shortage? One Group Has A Solution.
In light of the National Coin Shortage of 2020, merchants and consumers are getting creative in order to keep the economy pumping. There are other groups that are getting creative in order to find a solution to the problem.
Is This The First Time The U.S. Has Had a Coin Shortage?
First, it is important to note that this IS NOT the first time the United States has encountered a coin shortage. In the post World War II era, coin shortages had been occasionally known but were brief in duration. Typically they the shortages would affect one of the five denominations (cent, nickel,dime, quarter, and half dollar) that was being minted at the time. In 1959 the Federal Mint failed to create enough coins for banks that needed them. At this point, the Fed imposed rationing at its district and branch banks. Since many of the coins that are distributed to banks from the Federal Reserve are distributed from "flowback"...
What is The Most Valuable Penny?
What could be so special about a plain old copper penny from 1943? Well, there weren’t supposed to be any. In 1943 the U.S. Mint, in an effort to reduce consumption of metals used in the war effort, minted steel pennies coated with zinc. The U.S. Mint states on it’s website:
“According to the American Numismatic Association, the 1943 copper-alloy cent is one of the most idealized and potentially one of the most sought-after items in American numismatics. Nearly all circulating pennies at that time were struck in zinc-coated steel because copper and nickel were needed for the Allied war effort.
Scott S. of North Carolina Shares a Once In a Lifetime Metal Detecting Experience - Four Spanish Coins!Scott S. of Mocksville, North Carolina shared some recent finds and, holy cow, are they something to behold. Most metal detectorists hang onto the hope that they will someday be fortunate enough to stumble across a rare Spanish coin. Scott came upon four in one hunt - within a 30 minute time frame!
David G. Had The Most Epic Day Metal Detecting in Nebraska
One of our recent customers reached out to us to share his success story out of Nemaha, Nebraska. David G. has been a good customer of ours for quite some time. It is always exciting to us when we hear success stories like this.
Dave told us:
"EPIC DAY! My Career Best to date! This is a True Story! Location, location, location, it's all about where you hunt. Using my Minelab Equinox 800, Garrett Carrot, and Lesche Digger all purchased this spring from High Plains Prospectors I was able to experience this EPIC Find in one afternoon. 3 Barber Quarters, 1892, 1899, and 1894 "O", two of the Quarters were in the same hole! 1 Barber Dime, 1899. 2 Indian Head Pennies, 1880, and 1900. 2 Wheat Pennies, 1913 "D", and 1945 "D". The Customer Service, shipping notifications, and delivery time from High Plains Prospectors was excellent."
People ask us all of the time if there is treasure out there to be found. I think this is solid proof there indeed is! Thanks for sharing your story Dave!