Wall St. Icon: Looming Financial Tsunami Will Wipe Out the 1%

Wall Street icon who forecasted Black Monday and dot-com crash says a new economic event will hit the American economy like a tsunami. It doesn't matter if you're blue collar, white collar, working, or retired. He says, "I am literally afraid for my family's future. I'm taking drastic steps to prepare for what I know will inevitably happen next."

Huge payout expected for a rare coin bought by Ohio farm family and hidden for decades

JOHN SEEWER
September 08, 2024

TOLEDO, Ohio (AP) -- Three sisters from Ohio who inherited a dime kept in a bank vault for more than 40 years knew it had some value. But they had no idea just how much until just a few years ago.

The extraordinarily rare coin, struck by the U.S. Mint in San Francisco in 1975, could bring more than $500,000, said Ian Russell, president of GreatCollections, which specializes in currency and is handling an online auction that will end in October.

What makes the dime depicting President Franklin D. Roosevelt so valuable is a missing "S" mint mark for San Francisco, one of just two without the mark known to exist. The other one sold at a 2019 auction for $456,000 and then again months later to a private collector.

While serious coin collectors have long known about the existence of these two rare dimes, their whereabouts had remained a mystery since the late 1970s.

"They were hidden for decades." Russell said. "Most major collectors and dealers have never seen one."

The mint in San Francisco made more than 2.8 million special uncirculated "proof" sets in 1975 that featured six coins and were sold for $7. Collectors a few years later discovered that two dimes from the set were missing the mint mark.

The sisters from Ohio who inherited one of those two dimes after the recent death of brother want to remain anonymous given their sudden windfall, Russell said.

They shared with Russell that their brother and mother in 1978 bought the first error coin discovered for $18,200, which would amount to roughly $90,000 today. Their parents, who operated a dairy farm, saw the coin as a financial safety net.

One of the sisters said her brother often talked about the rare coin. But she never saw it first-hand until last year.

Russell, whose company is based in Irvine, California, said their brother reached out to him about seven years ago and eventually told him about the coin. He too kept the secret.

When Russell told one of the sisters just a few years ago about the coin's potential value, he said she remarked "is that really possible?"

Now the coin, known as the "1975 'no S' proof dime," will be displayed at a coin show beginning Wednesday in Tampa, Florida, and before the auction closes in late October, Russell said.

While there is a chance more examples of the rare dime are out there, they would only be found among the 1975 "proof" sets and not in anyone's pocket change, Russell said.

Still, he expects this latest discovery to set off a lot of searching.

Continue Reading...

Popular

Georgia election workers settle defamation lawsuit against conservative website

ATLANTA (AP) — Two Georgia election workers have reached a settlement in their against a Missouri-based conservative website that of fraud in the 2020 presidential election, according to a court filing earlier this week.

China seeks deeper economic ties with ASEAN at summit talks as South China Sea disputes lurk

VIENTIANE, Laos (AP) — Chinese Premier Li Qiang called for deeper market integration with Southeast Asia on Thursday during annual summit talks where territorial disputes in the South China Sea are likely to be high on the agenda.

Financial Nightmare Coming After Election - Ad

In 2018, one independent research predicted Kamala Harris was on her way to becoming the president of the United States. "Frankly, she scares us to death... and she should scare you," they wrote. Which is why you need to check out their newest Kamala prediction immediately.

Poland tightens visa rules as probe confirms previous government's cash-for-visas scandal

WARSAW, Poland (AP) — Poland is tightening its visa regulations as probes into alleged have confirmed which cost the public purse millions of dollars, the foreign minister of this European Union country said Thursday.

10X More Profitable Than Physical Gold? - Ad

There's a backdoor gold play that could deliver 10 TIMES bigger gains than physical gold. In fact, this single investment has outperformed gold by 10-to-1 over the past 25 years... and FAR outperformed most gold stocks

PepsiCo lowers revenue forecast as sales growth weakens

PepsiCo lowered its organic revenue forecast for the year after U.S. consumers continued to on buying its snacks and drinks.

Alibaba, Nvidia, Riot Platforms, Celsius Holdings, Tesla: Why These 5 Stocks Are On Investors' Radars Today

On Monday, major U.S. indices saw declines, with the Dow Jones Industrial Average slipping 0.9% to 41,954.24, while the S&P 500 dipped nearly 1% to 5,695.94. The Nasdaq dropped 1.2% to 17,923.90. These are the top stocks that gained the attention of retail traders and investors throughout the day:

Tesla Execs Are Freaking Out - Ad

You might not believe what you're about to see is real, but I assure you the video has been left unedited. It's so revolutionary that tech giants like Microsoft, Amazon, and NVIDIA are all lining up to get their hands on it. And Elon Musk has completely restructured Tesla to chase this opportunity.

In Philadelphia, Chinatown activists rally again to stop development. This time, it's a 76ers arena

PHILADELPHIA (AP) — Vivian Chang works on a narrow Philadelphia street that would have been consumed by a Phillies stadium had Chinatown activists not rallied to defeat the plan in the early 2000s. Instead of 40,000 cheering fans, the squeals of young children now fill the playground at Folk Arts-Cultural Treasures Charter School, which opened in 2007.

For migrant women who land in Colorado looking for jobs, a common answer emerges: No

AURORA, Colo. (AP) — East Colfax Avenue was the best place to find a job. That's what everyone told Sofia Roca.

Exposed: Democrats' Secret Plan to Keep Trump Out of the White House - Ad

Former advisor to the CIA, the Pentagon and the White House Jim Rickards just released this shocking new video exposing Democrats' secret plan to keep Trump out of the White House... Even if he wins the election. See the details and learn how to prepare... Because this could trigger the biggest constitutional crisis in our nation's history.

Ex-Jaguars worker who stole $22M from team sues FanDuel, saying it preyed on his gambling addiction

A former financial manager for the NFL's Jacksonville Jaguars who stole $22 million from the team is suing FanDuel for $250 million, saying the betting company preyed on his gambling addiction.

Russia's Latest 'Time Bomb' Sparks Fear, But It's Not What You Think

Economist Konstantin Sonin says that the ongoing conflict in Ukraine is setting the stage for a major economic crisis in Russia.

Man Who Predicted Trump Win Issues Shocking New Election Prediction - Ad

In 2016, surveys were giving Hillary Clinton more than 99% chance of winning right up until election night. But right before the election... Former advisor to the CIA, Jim Rickards predicted Trump would win. You won't believe what he's predicting now. And it could have huge implications for the financial markets.

VC Ben Horowitz First Endorsed Donald Trump, Now Pledges Support For Kamala Harris

Prominent venture capitalist Ben Horowitz intends to financially support Kamala Harris' presidential campaign – a move that comes on the heels of his recent financial support for PACs that favored Donald Trump.

President Trump and Elon Musk Issue Stark Warning - Ad

Both President Trump and Elon Musk are warning about something that could send the market down 50%, real estate down 40% and savings accounts down 30%.

Elon Musk Joins Fight For Election Reform With Vivek Ramaswamy: What This Could Mean

Elon Musk has publicly endorsed a set of election reforms proposed by Vivek Ramaswamy, describing them as "simple and effective."

Gold at $2,600... But This Stock Gives You More for Under $20 - Ad

Gold just soared over $2,600 an ounce. But what if I told you there's a way to get exposure to MORE than an ounce of gold... for less than $20? I've found a little-known gold play that gives you a way to claim a stake in over an ounce of gold for a fraction of the price. But I don't expect this to last long.

North Carolina town that produces quartz needed for tech products is devastated by Helene

SPRUCE PINE, N.C. (AP) — Two North Carolina facilities that manufacture the high-purity quartz used for making semiconductors, solar panels and fiber-optic cables have been shut down by with no reopening date in sight.

UK leader Starmer is on a 1-day visit to EU headquarters hoping to heal ties battered by Brexit

BRUSSELS (AP) — British Prime Minister Keir Starmer traveled to Brussels on Wednesday on a mission to try to , which disintegrated as the country left the world’s biggest trading bloc four years ago.

US Oil Set to Surge on Middle East Tension... Are You Ready? - Ad

With the Middle East facing yet another conflict, now is the time to get in. That's why today I want to show you the best way to profit from oil in 2024. It's NOT a stock, future or bond... Rather, it's an unusual investment that could hand you huge monthly income from the oil and gas markets.

JD Vance, Tim Walz Debate Sets A Different Tone, Candidates Discuss Israel-Iran Escalation, Immigration And Economic Agendas: 'If Kamala Harris Has Such Great Plans …'

Republican Senator JD Vance and Minnesota Governor Tim Walz clashed on immigration, climate change, and economic policy during the only vice-presidential debate of the 2024 election cycle, highlighting their sharp contrasts on issues like mass deportation, energy production, and Trump's economic record.

Mark Cuban, An Ardent Kamala Harris Supporter, Isn't Keen On Elizabeth Warren As He Is On Her Pro-Crypto GOP Rival: Here's Why

Billionaire investor and television celebrity Mark Cuban has thrown his support behind Republican Senate hopeful John Deaton, who is running against anti-cryptocurrency crusader Sen. Elizabeth Warren (D-Mass.).

AI's "iPhone Moment" - Ad

Apple is making a major move. And what they're doing could be bigger than the launch of the first iPhone. Destroying and creating fortunes in the process.

The EV Evolution Goes On With New Developments

Tesla Inc (NASDAQ: TSLA) is having its Robotaxi Day this week. The ‘We, Robot’ event will be held on October 10th in Hollywood as Tesla booked the massive Warner Bros. Discovery Inc. Studios to unveil its latest model.

Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad

The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.

Bankrupt EV Maker Fisker Under US SEC Investigation For Potential Securities Law Violation

The U.S. Securities and Exchange Commission is investigating bankrupt EV startup Fisker, the regulator said in a filing dated this month.

Social Security's scheduled cost of living increase 'won't make a dent' for some retirees

WASHINGTON (AP) — Sherri Myers, an 82-year-old resident of Pensacola City, Florida, says the Social Security cost-of-living increase she'll receive in January “won't make a dent” in helping her meet her day-to-day expenses.

The Election Shock Nobody Expected... (But You'll See It Coming) - Ad

It comes down to just 9 words...Nine simple words which when spoken, will determine the outcome of the 2024 election...These words have nothing to do with Trump, the economy, or what's happening in Ukraine, China or Israel. This is the scandal that isn't being reported (yet.) But my political operatives tracked down this story.

Mexico sends 660 soldiers, National Guard to protect lime growers suffering extortion by cartels

MEXICO CITY (AP) — Mexico has sent 660 soldiers and this month to the western state of Michoacan to protect lime growers who complained they were suffering extortion demands by cartels.

Civilization 7 makers work with Shawnee to bring sincere representation of the tribe to the game

MIAMI, Okla. (AP) — Shawnee Tribe Chief Ben Barnes grew up playing video games, including “probably hundreds of hours” colonizing a distant planet in the 1999 title Sid Meier's Alpha Centauri.

America Can't Afford a Harris Presidency - Ad

New research from Jim Rickards - former advisor to the CIA - reveals shocking predictions about an "Election Meltdown" coming this November. Jim's showing all American patriots why an "Election Meltdown" could crash stocks by 50%, lead to the final demise of the dollar, even cause violent riots in the streets.

Taxpayers in 24 states will be able to file their returns directly with the IRS in 2025

WASHINGTON (AP) — The IRS is expanding its program that allows people to file their taxes directly with the agency for free.

You're About to Lose the Majority of Your Wealth - Ad

Whether you want to admit it or not... America is headed over the cliff. That's why I put this presentation together at great personal risk. Because starting on Nov. 5th you could lose everything you're entitled to as an American, including the majority of your wealth.

Mark Cuban On How TV Will Evolve In The Future, Says He Saw The Rise Of Netflix-Like Platforms Before They Existed: 'We Were YouTube Before YouTube'

Mark Cuban highlighted the critical role of sports media rights in the future of linear television and streaming platforms, predicting that streaming will dominate as traditional TV faces challenges due to high costs and declining subscribers.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright markethundred.com
Privacy Policy | Terms of Service