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...attitude of the U.S. grain farmer toward President Carter's embargo has led me to coin some bumper sticker slogans...

Author: /time Magazine | Title: Letters, Feb. 11, 1980 | 2/11/1980 | See Source »

...fine pieces go to pot. "I absolutely refuse to melt down nice materials," says Jona than Hefferlin, the owner of Jonathons Coin in Los Angeles. From the daily glut, his wife picks out the valuable objects for resale. But at Manhattan's Empire Diamond & Gold Buying Service, where the queues form two hours before the store opens, almost everything goes to the smelter. Says Owner Jack Brod, who bought a Spanish-American War medal for its weight and paid only $75: "We might get more from a collector, but it's not worth looking for one or waiting...

Author: /time Magazine | Title: Business: To the Melting Pot | 2/4/1980 | See Source »

...Karmal is President. (Watanjar is Minister of Communications and No. 6 in the leadership.) Afghanistan has a made-in-Moscow presidium and the ruble is the coin of the realm. Having become a de facto Soviet satellite two years ago, the benighted nation is now in danger of becoming the de facto 16th republic of the U.S.S.R. That sorry prospect leaves the U.S. to polish its intelligence community's crystal ball and to rebuild the original "security perimeter" south of Afghanistan with new alliances, fresh diplomatic offensives, and reinforced military deployments. Of course, the U.S. can also hope that...

Author: /time Magazine | Title: Nation: Who Lost Afghanistan? | 1/28/1980 | See Source »

Equality continues to elude poor Susan B. Anthony. The Government honored the suffragist leader with a $1 coin last summer, and critics have not stopped sneering. "The Edsel of coins," said some. Of the 758 million coins that were minted, only about 270 million have been put into circulation. The rest are piled up in banks and the U.S. Mint...

Author: /time Magazine | Title: Americana: Passing the Buck? | 1/28/1980 | See Source »

With bulging pockets, shoeboxes, shopping bags and even pillow cases, a throng of students, housewives, executives and pensioners last week crowded into the waiting room of the Empire Diamond & Gold Buying Service on the 66th floor of the Empire State Building. Outside Jonathons Coin in Los Angeles, 250 people waited in line. Noted Vice President Richard Schwary: "With gold selling for about $600 an ounce, an old watchband is worth a lot. We have really got a panic here. The stampede is on. A decent sterling silver tableware set will go for $3,000 to $5,000. I gave...

Author: /time Magazine | Title: Business: The Great Sell-Off | 1/14/1980 | See Source »

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