Tag: silver coins

Big demand for pre-1965 90% silver coins

Big demand for pre-1965 90% silver coins

By Steve Roach – http://www.steveroachonline.com First published in the April 18, 2011, issue of Coin World Pre-1965 90 percent silver U.S. coins are especially hot, while silver U.S. coins that aren’t so familiar to buyers — such as post-1992 Proof 90 percent silver coins from Silver Proof sets — are trading at discounts to melt […]

US Attorney Says Attempts To Use “Liberty Dollar” As Money Is Domestic Terrorism – Von Nothaus Found Guilty

US Attorney Says Attempts To Use “Liberty Dollar” As Money Is Domestic Terrorism – Von Nothaus Found Guilty

Liberty Dollar creator and self proclaimed “monetary architect” Bernard Von NotHaus was found guilty in US federal court in North Carolina on Friday of Counterfeiting and Fraud. The Justice Department asserted that Von NotHaus was placing gold, and silver coins, along with precious metals currency  into circulation with the purpose of mixing them “into the […]

By March 21, 2011 0 Comments Read More →
Double-barreled threat sends gold past $1,400

Double-barreled threat sends gold past $1,400

This move in gold right now is acutely about the Middle East “All the way to $1,440” With all eyes on Libya and the threat of revolutionary contagion across the Arab world, gold roared past the key $1,400 level this week to just under December’s record high. What’s driving gold? “It is dominated by the […]

Exceedingly Rare Proof 1836/1336 Bust 50c To Anchor Stack’s-Bowers March Baltimore Coin Auction

Exceedingly Rare Proof 1836/1336 Bust 50c To Anchor Stack’s-Bowers March Baltimore Coin Auction

Stack’s-Bowers Numismatics will conduct their inaugural auction March 28 through April 3, 2011, as the Official Auctioneer of the Whitman Coin and Collectibles Expo in Baltimore, Maryland. The company was created with the merger of two great names in numismatics: Stack’s, the oldest rare coin auction and retail company in America, and Bowers and Merena […]

By February 21, 2011 0 Comments Read More →
Why Gold And Silver Should Do Well By The End Of March

Why Gold And Silver Should Do Well By The End Of March

There are so many reasons why gold and silver, especially silver, are set to continue rising in price……… Here are some of the more notable ones: · JPMorgan Chase just announced that it is willing to accept physical gold as collateral for loans made by the bank. In effect, the bank is accepting gold as […]

ATB 5-ounce Silver Quarter Market Still Robust

ATB 5-ounce Silver Quarter Market Still Robust

By Steve Roach – http://www.steveroachonline.com/ First published in the Feb. 21, 2011, issue of Coin World. Collectors are still paying huge premiums for 2010 America the Beautiful 5-ounce .999 fine silver bullion coins and completed transactions on eBay continue to document the market as it progresses. While the nine authorized purchasers that purchased these coins […]

By February 7, 2011 1 Comments Read More →
Numismatic Americana Announces Purchase of Finest Known 1896-O Barber Quarter

Numismatic Americana Announces Purchase of Finest Known 1896-O Barber Quarter

By Bill Shamhart – Numismatic Americana Inc. Numismatic Americana Incorporated has recently acquired the finest known 1896-O Barber quarter. Graded MS 67 by the Professional Coin Grading Service (PCGS) and displaying the coveted seal of approval by Certified Acceptance Corporation (CAC), this lightly toned unusually sharply struck specimen is without a doubt the finest available […]

By January 28, 2011 0 Comments Read More →
Anyone For Real Gold and Silver Circulating Coins?

Anyone For Real Gold and Silver Circulating Coins?

By Richard Schwary, California Numismatic Investments A return to the gold standard and circulating legal tender coins made from real gold and silver has been talked about since we stopped making gold coins for circulation in 1933 and silver coins for circulation in 1964. Behind this talk was the notion that since we stopped making […]

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 →
Half Dimes – 1792 Half Disme

Half Dimes – 1792 Half Disme

Throughout the broad range of U.S. coinage from 1792 to the present day, this issue is arguably the most significant of any that has ever been struck. Although still recorded as a pattern issue in some references, most numismatists now consider the 1792 half disme to be a regular issue coin. Slightly smaller than a […]

By October 11, 2010 0 Comments Read More →
Half Dimes – Flowing Hair Half Dime, 1794-1795

Half Dimes – Flowing Hair Half Dime, 1794-1795

Description: Small numbers of half dimes were made in 1792, a tangible result of the efforts of Benjamin Franklin, Thomas Jefferson, and Alexander Hamilton to move the United States to a decimal coinage system. The 1792 coins are often collected as contract issues or patterns, though wear on the coins indicates that they did circulate. […]

By October 11, 2010 0 Comments Read More →
Half Dimes – Draped Bust Half Dime, Small Eagle, 1796-1797

Half Dimes – Draped Bust Half Dime, Small Eagle, 1796-1797

Description: Robert Scot’s Flowing Hair half dime design, used in 1794 and 1795, was disparaged by some for his portrayals both of Liberty and the reverse eagle. Perhaps responding to that criticism, Mint Director Henry W. DeSaussure announced a goal of improving the designs of all silver coins. Artist Gilbert Stuart (known for his portrait […]

By October 11, 2010 0 Comments Read More →
Half Dimes – Draped Bust Half Dime, Heraldic Eagle, 1800-1805

Half Dimes – Draped Bust Half Dime, Heraldic Eagle, 1800-1805

Description: Following a two-year gap in production, mintage of half dimes resumed in 1800. The obverse portrait of Liberty remained, though slightly updated, but the reverse was extensively modified. Most noticeable, and giving name to the type, was the change of the eagle to the outstretched wing, heraldic style copied from the Great Seal of […]

By October 11, 2010 0 Comments Read More →
Half Dimes – Capped Bust Half Dime, 1829-1837

Half Dimes – Capped Bust Half Dime, 1829-1837

Description: The Draped Bust half dime was last produced in 1805, the final year of a short five-year series of the type (no half dimes were produced in 1804). Production of half dimes resumed in 1829, the first samples struck early on July 4 as part of the events surrounding the laying of the cornerstone […]

By October 11, 2010 0 Comments Read More →
Half Dimes – Liberty Seated Half Dime, No Stars, 1837-1838

Half Dimes – Liberty Seated Half Dime, No Stars, 1837-1838

Description: The portrayal of Liberty shown on Seated coins was favored by Mint Director Robert M. Patterson, who apparently did not like portraits on coins. This representation of Liberty was similar to the figure of Britannia used on copper English coins. Originally the Roman name for the island of Great Britain, Britannia became personified as […]

By October 11, 2010 0 Comments Read More →
Half Dimes – Liberty Seated Half Dime, Stars, No Drapery 1838-1840

Half Dimes – Liberty Seated Half Dime, Stars, No Drapery 1838-1840

Description: Though the No Stars half dime was a more faithful rendition of the cameo-like Liberty Seated design as implemented by Christian Gobrecht, objections were voiced about the “missing” stars. William Kneass had included 13 small stars to the sides of Liberty on the previous Capped Bust half dime, but Gobrecht did not include them […]

By October 11, 2010 0 Comments Read More →
Half Dimes – Liberty Seated Half Dime, Stars, 1838-1859

Half Dimes – Liberty Seated Half Dime, Stars, 1838-1859

Description: This type might be more specifically described as the Stars, Drapery half dime, to distinguish it from the previous 1838-1840 Stars, No Drapery issue prepared by Christian Gobrecht. Robert Ball Hughes, a sculptor originally from London, was hired in late 1840 to make modifications to Liberty on the Seated design for half dimes, dimes, […]

By October 11, 2010 0 Comments Read More →
Half Dimes – Liberty Seated Half Dime, Arrows, 1853-1855

Half Dimes – Liberty Seated Half Dime, Arrows, 1853-1855

Description: The Act of February 21, 1853, established the prevalence of fiat coinage for this nation; the value stamped on a coin was what the government said it was, not necessarily related to the value of the material from which that coin was made. Though for at least the past generation all circulating coins have […]

By October 11, 2010 0 Comments Read More →
Half Dimes – Liberty Seated Half Dime, Legend, 1860-1873

Half Dimes – Liberty Seated Half Dime, Legend, 1860-1873

Description: After the weight of the half dime was reduced in 1853 (indicated by an arrow on either side of the date through 1855, then dropped from the motif), the design was unchanged until 1860. In that year Chief Engraver James B. Longacre replaced the thirteen obverse stars with UNITED STATES OF AMERICA, and replaced […]

By October 11, 2010 0 Comments Read More →
Dimes – Ten Cent Draped Bust Small Eagle, 1796-1797

Dimes – Ten Cent Draped Bust Small Eagle, 1796-1797

Description: Thomas Jefferson proposed a decimal system for U.S. coinage in 1783 partly to signify a break from Old World traditions, partly to recognize growing acceptance of that system for use in calculations. This view was promoted by Alexander Hamilton, first treasury secretary, who recommended six denominations including a silver “tenth”, the tenth part of […]

By October 11, 2010 0 Comments Read More →
Dimes – Ten Cent Draped Bust Heraldic Eagle, 1798-1807

Dimes – Ten Cent Draped Bust Heraldic Eagle, 1798-1807

Description: The Mint Act of 1792 specified coins of various denominations, including “dismes” which were to be “of the value of one tenth of a dollar”. The first dimes were produced in 1786 from designs by Robert Scot, with an obverse Liberty said to be modeled after a Philadelphia socialite and a reverse eagle similar […]

By October 11, 2010 0 Comments Read More →
Dimes – Capped Bust Dime, Large Size, 1809-1828

Dimes – Capped Bust Dime, Large Size, 1809-1828

Description: John Reich’s Capped Bust Liberty was first used on half dollars and half eagles, quarter eagles and quarter dollars, and half dimes. When Capped Bust dimes were produced, Mexican and Spanish coins were legal tender, the familiar and preferred small denomination silver coins. The two-reales coin (“two bits”) was roughly equivalent to the U.S. […]

By October 11, 2010 0 Comments Read More →
Dimes – Capped Bust Dime, Small Size, 1828-1837

Dimes – Capped Bust Dime, Small Size, 1828-1837

Description: After Robert Scot died in 1823 William Kneass became Chief Engraver. In order to meet requirements of greater coin output and a more standardized design (to help thwart counterfeiting), Kneass implemented a mechanical change in the coin production process, the close collar or collar die. This die encircled the planchet, restricting outward flow during […]

By October 11, 2010 0 Comments Read More →
Dimes – Liberty Seated Dime, No Obverse Stars, 1837-1838

Dimes – Liberty Seated Dime, No Obverse Stars, 1837-1838

Description: The portrayal of Liberty on Seated coins was favored by Mint Director Robert M. Patterson, who apparently did not like portraits on coins. This representation of Liberty was similar to the figure of Britannia used on copper English coins. Originally the Roman name for the island of Great Britain, Britannia became personified as a […]

By October 11, 2010 0 Comments Read More →
Dimes – Liberty Seated Dime, Stars, Drapery, 1840-1860

Dimes – Liberty Seated Dime, Stars, Drapery, 1840-1860

Description: Robert Hughes, a sculptor originally from London, was hired in late 1840 to make modifications to Christian Gobrecht’s Liberty on the Seated design for half dimes, dimes, and other silver coins. Along with other changes, Hughes added extra drapery that extended from Liberty’s left elbow down over her knee. In 1853 an arrow was […]

By October 11, 2010 0 Comments Read More →
Dimes – Liberty Seated Dime, Stars, No Drapery, 1838-1840

Dimes – Liberty Seated Dime, Stars, No Drapery, 1838-1840

Description: Though the No Stars dime was a more faithful rendition of the cameo-like Liberty Seated design as implemented by Christian Gobrecht, objections were voiced about the “missing” stars. William Kneass had included 13 small stars to the sides of Liberty on the previous Capped Bust style, but Gobrecht did not include them on the […]

By October 11, 2010 0 Comments Read More →
Dimes – Liberty Seated Dime, Stars, Drapery, Arrows, 1853-1855

Dimes – Liberty Seated Dime, Stars, Drapery, Arrows, 1853-1855

Description: The Coinage Act of February 21, 1853, established the prevalence of fiat coinage for this nation; that is, the value stamped on a coin was what the government said it was, not necessarily the value of the material from which that coin was made. Maintaining parity between the face value and the metal value […]

By October 11, 2010 0 Comments Read More →
Dimes – Liberty Seated Dime, Obverse Legend, 1860-1891

Dimes – Liberty Seated Dime, Obverse Legend, 1860-1891

Description: The 13 stars added to the obverse of the dime in 1838 satisfied the interests of those who missed the John Reich/ William Kneass stars from the earlier Capped Bust style; but those stars were considered the reason for the incomplete strikes common to the type. The stars were opposite raised portions of the […]

By October 11, 2010 0 Comments Read More →
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