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Silver, gold, old toys, sports memorabilia: Association in Layton ready to buy

Last updated Thursday, May 17, 2012 - 12:11am

LAYTON — Ben and Gloria Standing, of Roy, had accumulated several miscellaneous old silver coins over the years. On Wednesday the couple was looking to trade them in.

The buyers, looking for old gold and silver coins, or toys and sports memorabilia pre-dating the 1960s, are part of the International Coin Collectors Association of Springfield, Ill.

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Pennies are shown in Ottawa on Thursday, March 29, 2012. The humble one-cent piece is set to disappear from Canadian pockets, a victim of inflation. Thursday's federal budget said the Royal Canadian Mint will strike the last of the little coins this fall. (AP Photo/The Canadian Press, Sean Kilpatrick)

66% of Americans favor keeping the penny

Contributed Standard-Examiner

Last updated Friday, March 30, 2012 - 5:10pm

WASHINGTON -- A poll released today by Americans for Common Cents shows overwhelming support for the penny by the American public. Over two-thirds (67%) of those surveyed favored keeping the penny in circulation.

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Saving dollars on pennies with steel

Richard Simon Los Angeles Times

Last updated Saturday, January 28, 2012 - 10:45pm

WASHINGTON — A penny-pinching member of Congress is taking aim at the cost of producing 1-cent coins.

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ERIN HOOLEY/Standard-Examiner
Above, Beth and Dennis Peterson (right), of South Ogden, show coins to Bill Blakney at an antique and coin buying show at the Courtyard by Marriott hotel in Layton on Friday.

Rare and vintage coins on display in Layton

Jasen Asay Standard-Examiner

Last updated Friday, November 4, 2011 - 10:59pm

LAYTON — Kathi Merrill did not expect to be holding a fortune on her lap.

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Shelves of surplus $1 dollar coins are seen in storage at the Federal Reserve Bank of Richmond in Baltimore, Maryland on August 22, 2011. The bank is dealing with an over-supply of $1 coins after Congress 2005 program to encourage consumers to make the switch from dollar bills to coins. (Amy Davis/Baltimore Sun/MCT)

Dollar coins piling up at reserve banks

John Fritze The Baltimore Sun

Last updated Wednesday, September 14, 2011 - 11:30am

BALTIMORE -- In a dimly lit underground vault a block from Camden Yards, the Federal Reserve is holding millions of dollars in cash that nobody wants.

The money -- stored in cloth and plastic sacks piled high on metal shelving units -- is in the unloved form of dollar coins, some of them never used. But a 2005 law requires the reserve bank to keep ordering coins regardless of its stockpile, and so vaults in Baltimore and around the country are filling up.

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