US Coins

Bowers and Merena Nov Baltimore Coin Auction Features over 3500 Lots

Bowers and Merena Nov Baltimore Coin Auction Features over 3500 Lots

Bowers and Merena will conduct the official auction of the November 2010 Whitman Coin & Collectibles Baltimore Expo. Scheduled for November 4-5 at the Baltimore Convention Center, the sale will present more than 3,500 lots of important United States coins and currency. “We are thrilled to continue our long-standing and successful partnership with the Whitman […]

By November 3, 2010 0 Comments Read More →
W. Philip Keller Colonoal Coin Collection Leads Heritage COINFEST Auction

W. Philip Keller Colonoal Coin Collection Leads Heritage COINFEST Auction

Locked in a Pennsylvania vault for 43 years, one of the most comprehensive collections of colonial and early American coins ever to reach public auction, The W. Philip Keller Collection of U.S. Colonials, is the principle highlight of the upcoming Rare U.S. Coin auction, Oct. 28-31 in conjunction with COINFEST in Stamford, CT. Mr. Keller […]

By November 3, 2010 0 Comments Read More →
Gold Dominates Coin Market as Records Fall

Gold Dominates Coin Market as Records Fall

By Steve Roach First published in the Nov. 1, 2010, issue of Coin World Gold is currently the engine that is driving the rare coin market. It seems that Coin World’s Market Analysis of late has been alternating between gold one week and everything else the next week. However, an emphasis on gold is appropriate […]

By November 3, 2010 0 Comments Read More →
US Gold Coins: AU58 New Orleans Eagles –  A Case Study

US Gold Coins: AU58 New Orleans Eagles – A Case Study

By Doug Winter – RareGoldCoins.com Take two 1842-O Liberty Head eagles in NGC AU58. One is worth $11,500 and gets multiple orders on my website within hours of being posted. The other sells in an auction for $6,325 and is a marginal value. Why is one coin worth nearly twice as much as the other […]

By November 3, 2010 0 Comments Read More →
Coin Rarities & Related Topics: Coins Minted After 1934 tend to be Very Common, 1793 to 1933 is the Classic Era – Part One

Coin Rarities & Related Topics: Coins Minted After 1934 tend to be Very Common, 1793 to 1933 is the Classic Era – Part One

News and Analysis regarding scarce coins, coin markets, and the coin collecting community, #23 A Weekly Column by Greg Reynolds Last week’s column was about dealer recommendations for new collectors who seek coins valued at $250, more or less, with consideration of a few that are valued at more than $1000. Among the experts that […]

By November 3, 2010 0 Comments Read More →
Gold Coin Scam Victims: Where To Turn For Help

Gold Coin Scam Victims: Where To Turn For Help

What do you do when a gold seller fails to deliver or the merchandise you received was not as described when you ordered it? Who can you contact for help when you don’t receive payment for gold you’ve submitted to sell? In two recent cases, “Howard” in Mississippi wired $20,000 several months ago to a […]

By November 3, 2010 0 Comments Read More →
The Gold, Silver and Rare Coin Market Report

The Gold, Silver and Rare Coin Market Report

By Laura Sperber – Legend Numismatics – Below is a portion of the most recent Legend Market Report GOLD This is hard for us to believe that gold spot went up, yet ALL Generic $20’s came down! That is the most ridiculous thing we have ever seen. We have been told that the market makers […]

By November 3, 2010 0 Comments Read More →
A Numismatically Significant 1859-D Quarter Eagle

A Numismatically Significant 1859-D Quarter Eagle

By Doug Winter – RareGoldCoins.com I recently bought and sold a seemingly innocuous 1859-D quarter eagle that had a great degree of numismatic significance. Before I explain why, let me give you a little background on the specific coin and on this issue in general. This 1859-D quarter eagle has been graded as Fine-15 by […]

By November 3, 2010 0 Comments Read More →
Coin Rarities & Related Topics: Collecting Modern Coins

Coin Rarities & Related Topics: Collecting Modern Coins

News and Analysis on coins, coin markets, and the coin collecting community #24 A Weekly Column by Greg Reynolds The purpose this week is to put forth clear, constructive points regarding the collecting of modern U.S. coins. Readers who are already familiar with modern coins may wish to skip to section three, where John Albanese, […]

By October 27, 2010 0 Comments Read More →
Coin Rarities & Related Topics: Coins Minted After 1934 tend to be Very Common, 1793 to 1933 is the Classic Era – Part One

Coin Rarities & Related Topics: Coins Minted After 1934 tend to be Very Common, 1793 to 1933 is the Classic Era – Part One

News and Analysis regarding scarce coins, coin markets, and the coin collecting community, #23 A Weekly Column by Greg Reynolds Last week’s column was about dealer recommendations for new collectors who seek coins valued at $250, more or less, with consideration of a few that are valued at more than $1000. Among the experts that […]

By October 20, 2010 0 Comments Read More →
Coin Rarities & Related Topics: Advice for beginning and intermediate collectors of U.S. coins

Coin Rarities & Related Topics: Advice for beginning and intermediate collectors of U.S. coins

News and Analysis regarding scarce coins, coin markets, and the coin collecting community, #22 A Weekly Column by Greg Reynolds Until CoinFest occurs at the end of the month, there will not be a live event conducted by any of the four leading auction firms of rare U.S. coins. Plus, I am not aware of […]

By October 13, 2010 0 Comments Read More →
Three Cent Silver – Three Cent Silver, Type 1, 1851-1853

Three Cent Silver – Three Cent Silver, Type 1, 1851-1853

Description: Called a trime in some Treasury Department records, the three cent silver coin was the smallest ever issued by the U.S. in terms of weight and thickness. Initially proposed in 1849, and again in 1850 in conjunction with a plan to reduce postal rates from five to three cents, production was finally authorized in […]

By October 11, 2010 0 Comments Read More →
Three Cent Silver – Three Cent Silver, Type 2, 1854-1858

Three Cent Silver – Three Cent Silver, Type 2, 1854-1858

Description: Though the initial production of three cent silver coins helped meet the need for small denomination circulating coins, the greater problem of rising silver prices (relative to gold prices) was still an issue. This was resolved by an 1853 Act which reduced the weight of all silver coins except the dollar, but also raised […]

By October 11, 2010 0 Comments Read More →
Three Cent Silver – Three Cent Silver, Type 3, 1859-1873

Three Cent Silver – Three Cent Silver, Type 3, 1859-1873

Description: The Type 2 design modification of the three cent silver coin failed to improve striking quality so additional, apparently successful, modifications were done to alleviate the problem, giving us the third type of the series. However, a growing surplus of small denomination coins since the mid-1850’s combined with the start of the Civil War […]

By October 11, 2010 0 Comments Read More →
Gold Dollars – Gold Dollar Type 1 (Liberty Head) 1849-1854

Gold Dollars – Gold Dollar Type 1 (Liberty Head) 1849-1854

Description: The Type 1 Gold dollar was produced from 1849 to 1854. Composed of 90% pure gold, it was the smallest denomination of gold currency ever produced in the United States. When the US system of coinage was originally designed there had been no plans for a gold dollar coin, but in the late 1840s, […]

By October 11, 2010 0 Comments Read More →
Gold Dollars – Gold Dollar Type 2 (Indian Head) 1854-1856

Gold Dollars – Gold Dollar Type 2 (Indian Head) 1854-1856

Description: In 1854 the US Mint issued the redesigned gold dollar with an increased diameter of 15 mm. As planned, neither its weight not its composition was changed. James Longacre designed a new obverse for the coin based on his work with the three-dollar piece. The head depicted on the obverse has commonly been described […]

By October 11, 2010 0 Comments Read More →
Gold Dollars – Gold Dollar Type III (Large Head) 1856-1889

Gold Dollars – Gold Dollar Type III (Large Head) 1856-1889

gDescription: In 1856, a newly durable gold dollar was released by the Mint. Dubbed “the Large Head type,” Longacre’s new design was very similar to that of the Small Head type, but the size of the Indian head on the obverse increased, while at the same time it became more flat. The headdress changed location […]

By October 11, 2010 0 Comments Read More →
Quarter Eagle – Capped Bust Right No stars 1796 Quarter Eagle

Quarter Eagle – Capped Bust Right No stars 1796 Quarter Eagle

Description: There is little doubt that the 1796 No Stars quarter eagle and the 1808 Capped Bust quarter eagle are two of the most important type coins in the entire panorama of American numismatics. After the Mint Act of April 2, 1792, was passed by Congress, steps were taken to proceed with a physical Mint […]

By October 11, 2010 0 Comments Read More →
Quarter Eagle – Capped Bust Right 1796-1807 Quarter Eagle

Quarter Eagle – Capped Bust Right 1796-1807 Quarter Eagle

Description: The Mint Act of 1792 authorized all of the gold and silver coins that would eventually be struck by the young Philadelphia Mint. After property was acquired, construction of the actual buildings was completed, and all was ready to produced the Nation’s first coinage, copper, silver, and gold. Despite completion of the physical components […]

By October 11, 2010 0 Comments Read More →
Quarter Eagles – Capped Bust Left Large 1808 Quarter Eagle

Quarter Eagles – Capped Bust Left Large 1808 Quarter Eagle

Description: The 1808 quarter eagle is a transcendent rarity that is well known outside collectors of 19th century gold type coins. John Reich’s design was struck in just this one year, and only 2,710 pieces were minted. Of that number it has been estimated that fewer than 2% exist today in all grades, with 35-40 […]

By October 11, 2010 0 Comments Read More →
Quarter Eagles – Capped Head Left Quarter Eagle, Large Diameter, 1821-1827

Quarter Eagles – Capped Head Left Quarter Eagle, Large Diameter, 1821-1827

Description: After the 1808 quarter eagle issue there was a 12-year hiatus in the production of the denomination. An uncertain world political scene combined with rising gold prices caused gold coins to vanish from circulation. Because of a fixed 15-to-1 silver-to-gold ratio in this country, speculators and brokers could exchange one ounce of U.S. gold […]

By October 11, 2010 0 Comments Read More →
Quarter Eagles – Capped Head Left Quarter Eagle, Reduced Diameter 1829-1834

Quarter Eagles – Capped Head Left Quarter Eagle, Reduced Diameter 1829-1834

Description: Though quarter eagles were an authorized gold coin denomination, few were produced by the Mint in the late 1820s and early 1830s. Mintage levels remained fairly constant for the Capped Head, Reduced Diameter type produced from 1829 through 1834, but the highest number of coins produced never exceeded 4,600 pieces in any of the […]

By October 11, 2010 0 Comments Read More →
Quarter Eagles – Classic Head Quarter Eagle, 1834-1839

Quarter Eagles – Classic Head Quarter Eagle, 1834-1839

Description: Gold quarter eagles had been produced since 1796, though mintage for any one year never exceeded 7,000 coins. Few gold coins of any denomination circulated, and those that did traded at more than face value because of the gold content; gold coins were preferred over paper money. Half eagles went mostly to export trade […]

By October 11, 2010 0 Comments Read More →
Quarter Eagles – Liberty Head Quarter Eagle, 1840-1907

Quarter Eagles – Liberty Head Quarter Eagle, 1840-1907

Pictured is the famous 1848 CAL NGC MS-68 Star sold at the 2008 January Orlando FUN sale by Heritage Auction Galleries. Lot 3091 $345,000 Description: Christian Gobrecht’s depiction of Liberty followed the Classic Head of William Kneass, a culmination of efforts to both standardize the design and find an acceptable representation that could be used […]

By October 11, 2010 0 Comments Read More →
Quarter Eagles – Indian Head Quarter Eagle, 1908-1929

Quarter Eagles – Indian Head Quarter Eagle, 1908-1929

Description: The early part of the 20th century was a time of great creativity in the design of U.S. coinage. August Saint-Gaudens’ double eagle was introduced in 1907, along with his Indian Head eagle. Victor D. Brenner’s Lincoln cent, commemorating in 1909 the centennial of the President’s birth, broke new ground- it was the first […]

By October 11, 2010 0 Comments Read More →
Three Dollar Gold – 1854-1889

Three Dollar Gold – 1854-1889

Description:The origin of this issue is shrouded in controversy. It is generally believed that the Three Dollar gold piece was adopted as a direct result of the postal rate dropping from five cents to three cents in 1851. A three dollar gold issue allowed purchasers to buy large quantities of the new stamps without having […]

By October 11, 2010 0 Comments Read More →
Half Eagles – $5.00 Gold Capped Bust Small Eagle 1795-1798

Half Eagles – $5.00 Gold Capped Bust Small Eagle 1795-1798

Description: This design type was coined between 1795 and 1798, with an estimated mintage of 17,555 pieces for all issues. The 2008 Guide Book lists 8,707 half eagles minted in 1795. According to information contained in Bullion Journal A of mint records, 1795 half eagle mintage occurred between July 31 and September 16 of that […]

By October 11, 2010 0 Comments Read More →
Half Eagles – Capped Bust Half Eagle, Large Eagle 1795-1807

Half Eagles – Capped Bust Half Eagle, Large Eagle 1795-1807

Description: This type is also labeled Draped Bust or Turban Head to distinguish it from the later Capped Bust type introduced in 1807 (the Guide Book calls this type Capped Bust to Right, and the later type Capped Bust to Left). The eagle on Robert Scot’s earlier Capped Bust Small Eagle design of 1795 was […]

By October 11, 2010 0 Comments Read More →
Half Eagles – Capped Draped Bust Half Eagles, 1807-1812

Half Eagles – Capped Draped Bust Half Eagles, 1807-1812

Description: The Capped Bust, Heraldic Eagle type of 1795-1807 was replaced in 1807 due to the addition of John Reich as Assistant Engraver at the Mint. His new design was significantly different than the old Robert Scot coinage with a large capped bust facing to the left wearing a large, loose-fitting cap; the reverse replaced […]

By October 11, 2010 0 Comments Read More →
Half Eagles – Capped Head Half Eagle, 1813-1834

Half Eagles – Capped Head Half Eagle, 1813-1834

Description: The half eagle was the only U.S. gold coin produced in 1813. Quarter eagles were last made in 1808, not to be minted again until 1821, and eagles had not been struck since 1804, with no further production until 1838. Gold dollars and double eagles would not be seen until 1849-1850, nearly a generation […]

By October 11, 2010 0 Comments Read More →
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