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Wednesday January 15, 2014
Three rare coins certified by Numismatic Guaranty Corporation® (NGC®) each broke $1 million at last week’s Heritage Auctions’ FUN Show sale. The elusive 1787 Brasher Doubloon, graded NGC MS 63, led the sale with a price realized of nearly $4.6 million. It is the finest certified example of the first gold coin struck in the United States.
Friday January 10, 2014
Numerous coins are mentioned throughout the Bible. These coins are key aspects of the lesson of the widow's mite, Jesus' “Render unto Caesar...” speech and the betrayal of Jesus by Judas. Biblical coins are excellent pieces to collect. They are tangible pieces of history from one of the world's most important books.
Thursday January 9, 2014
Being a coin collector can be like sitting down to a buffet; there are so many choices, how can one know where to start? You might start with a serving of sautéed buffalo nickel or baked wheat cent. Maybe you’ll venture into a side of silver dollars. Then you might help yourself to some vegetarian wreath cent salad. Or you can indulge in an early American copper soufflé with some prime gold coin sauce. If you take it all in at once, however, you may get a stomachache! No diner wants that, and the starting collector can be just as daunted upon entering his first coin show, like a true kid in a candy store. So what is the secret to developing successful, rewarding collecting habits? In short, specializing.
Tuesday January 7, 2014
In 1816, designer Robert Scot designed a large cent for the U.S. Mint. The coin was comprised of 100 percent copper and had a plain edge. The coin weighed 10.89 grams with a diameter of 28 to 29 millimeters. That’s almost as big as a half dollar at 30.6 millimeters and almost as heavy as one at 11.34 grams! The obverse of the coin had a portrait of Lady Liberty and on the reverse of the coin was a wreath with the inscription “One Cent” in the center.
Thursday December 26, 2013
We see that silver has been used even in the earliest times as exhibited in the Old Testament when, in Genesis 23:15 Ephron tells Abraham that he will sell the Cave of Machpelah, which is currently in the modern city of Hebron, Israel, to him for 400 silver shekels.