A machine that spits out gold! Fortunately, it didnt chew.

halfdime

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A machine that spits out gold! Fortunately, it didn't chew.

Last year, our community discovered that funding for our local park was drying up; where once we could rely upon government money for amenities like fireworks and pool improvements, we the citizens would have to find other ways to pay for those things. Fireworks on July 4th are a town tradition, and we were in real danger of losing them until a group got together and organized as "Friends of the Park." We had meetings, and people were encouraged to submit their ideas for fundraisers. My idea, based on recent experience, was to ask people to donate those jars of coins they had sitting around the house. Two of my aunts had reason in the last few years to cash in what they had gathered, and between them it was over $600! I reasoned that many other people were in the same boat, not concerned or even realizing how much money in coins they had in the house. Though there was some skepticism from members of the Park Board (men, I'm ashamed to say), the ladies in charge of "Friends" embraced the idea; it ultimately was our biggest fundraiser last year, to the tune of over $6000!
Last year, among the coins turned in, someone included a Krugerrand; this ultimately added about $900 to the amount we collected. I found out this week that during this years drive, someone had put in a 1906S $20 gold piece! How was it found? When all the coins were placed in the bank's coin counting machine, the gold piece was spit out! I recommended that next year we look through the coins before putting them in a machine that could easily damage one so valuable. Now that we've received gold two years in a row, why take that chance again? A coin dealer looked at the coin this morning and is willing to give us $1200, but I think we can get more than that for it. A local jeweler is keeping it in his safe. This is a real beauty, and it was a privilege just to hold it and feel it's weight! What I wouldn't give to find one with my XLT! Here are pictures:
 

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Re: A machine that spits out gold! Fortunately, it didn't chew.

pointdlr said:
Halfdime,

I have absolutely no idea what the coin is worth, but I would give you guys $1300 shipped to me. I am very serious. PM or email.
Regards,
Jon Dickinson
www.prehistoricartifacts.com
my first post give the up to date price for that coin in AU-50 or 55 grade
 

Re: A machine that spits out gold! Fortunately, it didn't chew.

:icon_thumleft: :icon_thumleft:
 

Re: A machine that spits out gold! Fortunately, it didn't chew.

Well, here's the way I see it; :o
Great fund raising ideas!

Yard Digger
 

Re: A machine that spits out gold! Fortunately, it didn't chew.

A coinstar will spit out silver coins, but most bank machines don't. I get alot of silver from bank bags. Asking people to donate their change bucket, is inviting silver coins. Not to mention all the wheat cents that would go from 50 cents to 7 or 8 $.
 

Re: A machine that spits out gold! Fortunately, it didn't chew.

Real good story HD and great ideas! HH, Mike
 

Re: A machine that spits out gold! Fortunately, it didn't chew.

someone really likes their fireworks. ;D
 

Re: A machine that spits out gold! Fortunately, it didn't chew.

ivan salis said:
someone really likes their fireworks. ;D
We're a small town; when you can sit in your back yard and watch the boomers up close, you do what you have to do to keep them!
 

Re: A machine that spits out gold! Fortunately, it didn't chew.

Hey halfdime can you put a quarter,dime,penny,halfdollar and a nickle next to that $20 gold piece as I have never seen one and it would help to see them side by side just to get an idea of its size. Thanks the Plumber.
 

Re: A machine that spits out gold! Fortunately, it didn't chew.

Call me a Plumber said:
Hey halfdime can you put a quarter,dime,penny,halfdollar and a nickle next to that $20 gold piece as I have never seen one and it would help to see them side by side just to get an idea of its size. Thanks the Plumber.
I don't have the gold piece; it's locked in a jeweler's safe in town. Sorry. It's about the size of a half dollar, though.
 

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