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Archive for October, 2007

Amero - The New Money

Wednesday, October 31st, 2007

Loveland resident Daniel Carr's work is exceptionally beautiful.

A designer of collectible coins, he's the man behind the official New York and Rhode Island state quarter designs for the United States.

Sadly, some people are taking Carr's entire oeuvre a bit too seriously. They should not.

Not long ago, Carr, who also casts funny and gimmicky coins, came up with a bright idea. He fashioned a collectible coin based on an imaginary currency called the "amero" - a mix of "America" and "dinero." It is something analogous to the European euro. Analogous but fake. Carr's denominations range from 20 to 1,000.

The fact that this currency doesn't, you know, actually exist hasn't stopped a crush of orders from coming in or paranoia from erupting.

Scores of people who believe evil globalists, government officials and "multinational" corporate heads are working in implausible secrecy and cooperation to hand over our sovereignty to a shadowy "North American Union" were quick to jump on the amero as proof of a scheme afoot.

"I had started to read reports about the discussion regarding the government going to a union between all the countries in North America," Carr tells me. "The amero would be modeled on the common European currency. My first thought was not that this is not so much a political statement rather than just an interesting issue."

I find the idea of a North American Union, as I do most conspiracy theories, pure baloney. How could all these enormous institutions have the ability to work in precise cohesion to control the entire continental economy when the government can't even figure out how to plow the snow on my street?

Carr, a Denver native who earned a mechanical engineering degree from the University of Colorado in 1982, says he's not exceptionally political, though he likes to "spark discussions." This discussion, however, has surprised him.

"It wasn't more than a day after I had posted the amero when a talk-radio show host took my image without my permission. He said, 'Look! We've exposed government leaders who are about to betray us, and here is proof in the amero!' I e-mailed this person and told him that he didn't have permission to use the image, and it wasn't real, anyway. But he never responded."

Continue reading. . .

Top 5 Worst Coin Investments

Wednesday, October 31st, 2007

What are the top 5 worst coin investments? Get this author's opinion on coins to avoid.

Jury convicts Lay in fraud of state funds (The Toledo Blade)

Wednesday, October 31st, 2007
AKRON — An investment adviser was convicted yesterday of several fraud charges related to the state agency for injured workers’ loss of $216 million in a high-risk hedge fund.

Investment adviser Mark Lay convicted over Workers’ Comp hedge fund loss (The Plain Dealer)

Wednesday, October 31st, 2007
Akron- A federal court jury on Tuesday convicted an investment adviser who managed a hedge fund that lost $216 million invested by the Ohio Bureau of Workers' Compensation.

Joins Hankook Tires as Primary Tire Suppliers (Navistar International)

Tuesday, October 30th, 2007
IC Corporation, a Navistar company, has added Double Coin Tires to its list of primary tire suppliers, the company announced today.

Tuesday Trivia

Tuesday, October 30th, 2007

1. What two U.S. Mints opened in 1838 in North Carolina and Georgia to fill the demand for gold coinage?

2. When did Canada strike its first silver dollar for circulation?

3. Whose portrait appears on the $1 Federal Reserve note of Series 1981A?

4. What is a 1983-S Prestige Proof set?

5. What is a copy or reproduction of a coin, token or medal made by electroplating called?

The Denver Post - Ignorant flippin’ out over coin

Tuesday, October 30th, 2007

Loveland resident Daniel Carr's work is exceptionally beautiful. A designer of collectible coins, he's the man behind the official New York and Rhode Island state quarter designs for the United States. Sadly, some people are taking Carr's entire oeuvre a bit too seriously. They should not.

Lay’s BWC fraud trial moves to closing arguments (The Toledo Blade)

Tuesday, October 30th, 2007
AKRON - An adviser lost nearly all of the $225 million the state agency for injured workers put into a high-risk hedge fund, but that doesn't mean it was a crime, his attorney said yesterday as the trial ended.

Family Finds About $200K In Coins In Wall (KTHV Little Rock)

Monday, October 29th, 2007
WINDBER, Pa. (AP) -- Got change for a dollar? How about change for $200,000? Rare coin dealer Jeff Bidelman says he's been helping a Pennsylvania family haul piles of old coins out of a long-abandoned home in Windber. He says no one has lived in the home for decades.

A genuine Helen Clark not worth much (Stuff)

Monday, October 29th, 2007
A doodle that Prime Minister Helen Clark really did do is reasonably rare - but it's unlikely to fetch the giddy heights of fakes bearing her signature when it goes under the hammer next month.

 
 

 


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