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Park fundraising strikes gold!

halfdime

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So there I was, minding my own business, eating mushroom soup with morels I picked just this morning, when the phone call came. Alecia, the treasurer of our local park fundraising committee, told me that someone had given her a gold coin among others. You may recall, or might not, a posting I did a few weeks ago; I was getting ready to cash in my dug wheat pennies to go toward our "Pennies for the Park" fundraiser. I never did cash them in; one of our members offered four cents apiece for them and I accepted his deal. They were due to arrive at his address today, in fact. Anyway, we've done pretty well, collecting coins of every denomination, and a local bank is matching whatever we collect; it appears that our drive is a success. Alecia was trying to get some idea of the coin's worth, so I asked her to describe it. As it turns out, it's a one ounce Krugerrand, so I checked the front page of TNet and found that gold is worth $905 today. She also had a huge jar of coins to cash in, so I went to the bank with her to do the heavy lifting. We ended up depositing over $200 in coin, then went to the jeweler to have him look at the gold. He was pleased to see it, and I believe he's willing to pay the gold price for it. I asked Alecia to let me take a picture and do a posting first before it changed hands. Based on the wheat penny auction, you never know what interest might be out there!
 

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A beautiful coin for a park beautification fund raiser !! :thumbsup: Way to be a solid member in your community. Your involvement representing us dirt diggers out here can and will pay dividends for all of us. I for one am proud of you !!!!!!! Thank you for being a good ambasador for our Hobby!!
 
I have seen some Krugerrand ouncers sell at auction for over a thousand dollars even when when the price of gold was in the $900.00 range. It struck me as strange but then I don't know the coin business.

Good luck and I hope you get a thousand for it.

GG~
 

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