For broadcast on CBS Radio Network stations
March 11-12, 2000:
Combining coins and stamps.
The Stamp Collecting Report, I'm Lloyd de Vries.
The U.S. Mint is selling "covers" commemorating the release
of its new one-dollar coin and Massachusetts quarter. A
cover in philately -- in stamp collecting -- is an envelope
with a stamp and cancel. Often, the envelope is decorated.
Since you can't put a postmark on a coin -- or not easily,
anyway -- collectors sometimes combine the two, into
something called a "Philatelic-Numismatic Cover" -- which
is quite a mouthful -- or P-N-C for short.
The Mint has affixed the new coins and a flag stamp to
cards, and had the stamp postmarked on the first day the
coins were available to the public, January first for the
Sacagawea dollar or January third for the quarter.
Both P-N-C's are being sold for twenty dollars. You get
one Sac dollar on the card or two Massachusetts Quarters,
plus a 33-cent stamp. Nice profit. The Mint made
200-thousand Sacagawea P-N-C's, and 75-thousand for the
quarters....so don't expect to make a MINT from these.
And that's stamp -- AND COIN -- collecting this week.
I'm Lloyd de Vries, CBS News.
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