ACCG Seeks Rehearing - The Ancient Coin Collectors Guild has sought rehearing of the 4th Circuit's affirmance of the District Court's decision to forfeit the Guild's ancient Cypr...
4 days ago
Timothy Millett, who is selling the coin at the Olympia Winter Fine Art and Antiques Fair in London, said: "At the time it really was a sensational case. He was 'doing a Madoff', you might say. The press absolutely loved it."Henry Fauntleroy was apparently the last man hanged for check forgery in England.
[Millett] thought perhaps a few hundred of the 'medals' were made by an entrepreneur looking to make a quick profit from the hanging, bought by people to show they attended "in the same way as we might buy a t-shirt".
The researcher does explain that not just any optical mouse sensor will work, as images must be captured in real time, with a minimum resolution of 15x15 pixels (the team used 30x30 pixels). It is also better to use an LED- or infrared-based sensor, and not laser technology, as these[sic] provide images that are too wide.
During lunch breaks, Morin would run to his barracks, package the coins into bubble-padded envelopes, address them by hand and walk them to the base post office for mailing; the envelope and postage for each coin cost him $1.05, which came off his profit.Morin started with “military challenge coins” a kind of military-themed artist's medal.
His mother lent him $500 to buy more coins, and he was quickly earning $300 to $500 a month from the business. Profits went in to buying more coins.
Morin was 22.The knife coin looks cool! I think Jeffery Morin even beat the Pobjoy mint on that one. Maybe next year Palau or Liberia will be minting legal tender folding knives.
In the past five years, Morin has expanded his coin business beyond the Marines to include other service branches, weddings, sports teams, and corporations such as Starbucks, Delta Air Lines and United Parcel Service. He hired a Web designer to jazz up the online site. He changed his company name from Marine Corps Coins to Coins for Anything and has expanded into trophies, pins and lanyards (the neck straps to which security badges or credentials are attached).
The enterprise now encompasses five companies that will generate around $5 million in revenue this year, with the coins and trophies representing the vast majority. His costs include $2.5 million for the products, $500,000 in payroll for 16 employees, and about $7,000 a month in rent on a 4,000-square-foot headquarters in a Stafford office park. He pays Google around $1 million a year.