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Word: minting (lookup in dictionary) (lookup stats)
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...with calls from people wanting to sell them pennies, Los Angeles coin dealers quit answering their jangling phones. In Ohio, a man offered a new 1960 Pontiac for a $50 bag of mint 1960 pennies. In Philadelphia, San Francisco and other cities, banks were experiencing a penny shortage...

Author: /time Magazine | Title: MONEY: For 1 | 8/15/1960 | See Source »

...with flawed date numerals were "the hottest item in the coin business," bringing up to $8 apiece. When the story hit the papers, a post office in New Orleans had to put on seven extra clerks to handle the calls. An eager Philadelphian backed a trailer up to the mint, prepared to buy pennies by the bagful and take his chances. Nobody seemed to be listening when the Assistant Director of the Bureau of the Mint announced that the pennies in question were not flawed in any way that would enhance their value, that there were many millions of them...

Author: /time Magazine | Title: MONEY: For 1 | 8/15/1960 | See Source »

...paused here and there to enjoy a spell of nothing more salacious than wife-watching. Tanned, brief-clad women sprawled in their chaises and chatted about babies, Khrushchev, Japan and the P.T.A. In the patios, the amateur chefs prepared juicy sacrifices on the suburban Buddhas -the charcoal grills. Mint-flavored iced tea or tart martinis chilled thirsty throats, and from across hedgerows and fences came the cries of exultant youngsters and the yells and laughter of men and women engaged in a rough-and-tumble game of croquet or volleyball. (In Springfield Township, near Philadelphia, nine couples recently pounded through...

Author: /time Magazine | Title: AMERICANA: The Roots of Home | 6/20/1960 | See Source »

...machines made it clear that Yankee coins could go home. Professional coin runners, who used to buy $100 of U.S. silver at border cities with $95-$97 in Canadian currency and then truck it legally across the border, were trying other ways to make a fast dime. The royal mint in Ottawa worked overtime to make enough coins for Canada's needs, for the volume of circulating U.S. coins was down by nearly...

Author: /time Magazine | Title: CANADA: Dollar (Almost) for Dollar | 5/30/1960 | See Source »

Died. Margaret Mary Emerson, 75, Bromo-Seltzer heiress who kept high society agog with her array of rich husbands: 1) Smith Hollins McKim, a physician; 2) Alfred Gwynne Vanderbilt, who went down with the Lusitania; 3) Raymond T. Baker, a Nevada prison warden who became director of the Mint; 4) Charles Minot Amory, a playboy; of a heart attack; in Manhattan...

Author: /time Magazine | Title: Milestones, Jan. 11, 1960 | 1/11/1960 | See Source »

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