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The Franc: A Coin, a Currency, an Orphan The Franc is one of the oldest and most widespread currency units in the world, currently the official currency of 25 states or autonomous territories. However, the Franc was never intended to become the name of a currency until the French kingdom issued a specific gold piece to gather the massive ransom needed to free King John II “the Good”, prisoner of the English since the disastrous Battle of Poitiers in 1356. He was depicted in full armor on a horse, with the legend Johannes Dei Gracia Francoru(m) Rex. From “Francoru(m)” came “Franc...

Jeff Garrett: Collecting Details-Graded Coins   For the first 20 or so years that NGC graded coins, any pieces submitted that were deemed unacceptable for certification were returned in a plastic sleeve. These became affectionately known as “body bags”. As the term indicates, receiving these was quite an unwelcome result after having paid a submission fee. Many submitters simply did not understand what may cause a coin to be ineligible for grading. Sometimes even the savviest dealer would miss brush lines or some sort of environmental damage. Anyone who submits coins for grading knows t...

company is aborted as spacex dragon rocket suffer as problem. international baby adoptions, as a heart wrenching story sheds lights on the struggles of overseas adoption we put the baby business in focus. how many people liked facebook's initial public offering, we break down the social network's newest circle of friends. we start with that glitch in the space plan. >> 4, 3, 2, 1, 0. and -- >> that is the dragon spacecraft on the launch pad at cape canaveral, i didn't get off the ground. john zarella joins me this morning from miami. good morning, john. you know what happened h...

from cnn center this is "cnn saturday morning." saturday, may 19th. good morning, everyone. i'm randi k yi kaye. the clind activist that broke free from china is on a flight to the u.s. president obama hosting world leaders at his retreat in maryland at this hour. the first commercial mission to the international space station is a dud. debt, defense, and diplomacy the theme at the high-stakes g8 summit. president obama welcomed world leaders a short time ago, laying out the ground work they hope to cover. >> this morning we'll be spending a lot of time on economic issues, obv...

1857 at some point, there used to be a large cent prior to 1866 a replaced by a lighter and smaller cent for the same reason. metal costs would outweigh the nominal value of a coin. >> reporter: for every dollar issued, it costs 146.46. and taxpayers lost $60 million producing pennies and $56.5 million producing nickels. getting rid of small change would cause rounding issues and smat is some point, computers may take the place of physical coins and bills. >> there will come a time when the coins will be something just for a museum, probably not in my lifetime, perhaps in into my 16-year-old s...