Tuesday, July 21, 2009
Ever since I found that 1957 Wheat Back penny last week I have done some more research into the different types of pennies in circulation. Now that I have got the concept in my head that not all pennies are created equal, I decided to draw up a wish list of those I would like to find in the street. So in no particular order here goes.
1. 1943 Steel Cent. During the Second World War there was a shortage of copper, so the 1943 pennies were made from zinc coated steel. The only US issued coin ever to be made from steel.
2. Indian Head Cent. Struck between 1859 and 1909.
3. All four 2009 Lincoln Cents. These four special edition pennies will have different scenes from Lincoln's life on the reverse.
While I'm on the subject of rarities, a Government bureaucrat in Washington spoke the truth today. If you want to see what it looks like when members of our "free" press, (in this case a financial cable tv channel, bought and paid for by the bankers) try to sandbag said official, then click on this link to the Market Ticker blog run by Karl Denninger and enjoy. If the subject matter does not make you feel queasy, the treatment of the Inspector General for TARP, Mr. Barofsky definitely will! I'm just the man in the street (albeit picking up change), but when Congress signed off on TARP wasn't it $700 Billion, how did we get to $23.7 Trillion (with a T, that is no typo)? I feel like Rip Van Winkle, did I fall asleep and miss something?
Just to stress this blog is apolitical, but the Sidewalker's don't like getting robbed just like the majority of you out there. When I see a wrong, not matter what part of the political spectrum it emanates from, I call it! As a taxpayer, Mr. Barofsky maybe our only hope...
-Current balance $14.16 (plus pending Starbucks resolution)