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31 May 2020

Horrid Coinage Fails Part 1- The Susan B. Anthony Dollar

Coins | coinfodder

Some coins can earn the endearment of others. Buffalo Nickels, Liberty Walkers, just to name a few. But some hit the gong dead flat, in style and in practicality. Now, please, David Ryder, don't try to sue me just because a made a horrid review of a coin. This is just my opinion. Before I continue, please suggest more horrid coinage fails, for practicality or design, in the comments down below.In 1977, the U.S. is already planning a overhaul of the 6 years young Eisenhower Dollar. Their reasoning was to lighten the dollar (the Eisenhower's were 38.2 mm), and to eventually replace the dollar bill once the coins "took off".Frank Gasparro, chief engraver at the US Mint (RIP, coin design is not the same) was tapped to create the design for the new dollar. What came out was a pretty coin, seemingly bringing back the liberty cap, which had been absent since the Weinman Coins bowed out of mintage since 1945 and 1946.But like all good design, it was meant to become one thing- a pattern, with a full blown out Judd number. So, the Mint told Gasparro to make another coin. What came out was the Susan B. Anthony dollar.Once the design was approved, the massive ad campaign began. The US Government poured millions into the advertising campaign, some of which are shown below in the pictures. And on July 2nd, 1979, the SBA dollars were finally released, supplanted the Eisenhower Dollar, and took a total nosedive.Although the government aggressively pedaled the coin, several factors pedaled the coin to extinction. One, the public already had the $1 Bill. Why would the public bother to use a coin that they already had a lighter alternate for? And they already had a dollar coin that was good enough- the Eisenhower Dollar.Two, the dollar looked like a quarter to the casual consumer. The two coins were very much similar in diameter and in color, leading many people to mislead the two coins.So, this coin flopped and was canned, only to be brought back in 1999 to prepare the country for the Sacajawea Dollar.Overall, the coin was a combo of bad judgement and overconfidence. That is why this lands on the hall of horrid coinage fails. Comment more suggestions in the comment section below, or write your memories with the dollar. Thanks, and we'll be back.

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31 May 2020

A Sensative Yet Healthy Debate

Coins | Long Beard

As the title implies the subject of eliminating the much beloved Lincoln Cent is the topic of this weeks blog. Before going any further, the intent is to discuss the matter with an open mind, keeping my own personal beliefs in check while at the same time unwilling to persuade others one way or another. In short, to open the long debated argument in a way which benefits the hobby and those who simply have a fascination with Old Abe.

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31 May 2020

The first american coin

Coins-United States Colonial | Conordon

There have been many coins made in the united states. I am going to tell you about some of the first coins made in the united states.The first coin I am going to write about is the 1776 continental dollar. These coins are very rare and the silver version of the coin is even rarer. The continental dollar had 13 rings to represent the 13 colonies and were not used very commonly as money.The first official coin was made in 1783. It was made out of silver and had an eye surrounded by 13 stars. The coin was not used as commonly as other coins that were made before the revolutionary war but were used more commonly than the 1776 Continental dollar.I 1792 the government decided upon what the money system was going to be. That year they chose to include dollars, cents, and they also included gold coins. in 1792 the first copper coin was made. It was the large cent. not many people liked it because it was heavy and hard to use. In 1793 they created the first half cent which was discontinued later.In 1792 they also created the half Disme which was one of the first widely used coins.Those were some of the first coins minted in the us. I hope you enjoyed. If you have any questions you can ask me.

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30 May 2020

Wright Brothers

Coins-United States | slybluenote

Since today was the launch of the manned Spacex module, I thought it would be a good time to blog about this commemorative coin that my brother-in-law left me after his passing in April. Rod wasn't a collector, but someone had given him this coin as a present. When my wife and sister-in-law went out to California to take care of his personal affairs they brought this coin back and told me that Rod wanted me to have it. The coin is a very nice silver dollar and I'm proud to add it to my collection. It fit in quite nicely!

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29 May 2020

Liquidating your Collection- Part 2 of the Estate Series of Blog Posts

Coins | coinfodder

CLICK READ MORE TO READ IN RIGHT FORMAT

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29 May 2020

My Birthplace Celebrates

Medals | Mokie

As some of you are aware, I was born in Japan. But more specifically, I was born on the Japanese Island of Okinawa. For those of you who are World War II history buffs, Okinawa was the location of one of the bloodiest battles in the Pacific Theater. The battle to occupy Okinawa was also the last major battle of World War II. Okinawa is in the East China Sea about 500 miles from the southernmost main Japanese Island of Kyushu. Given that short distance, it is obvious why the U.S. fought so hard to occupy the island. Incidentally, the Island was formally returned to Japan in 1972.

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28 May 2020

Steel penny

Coins-United States | Koinkid

This is a certified steel penny that I actual bought on Amazon, and it was bought with my money so it was a pretty cool gift and I bought about the same time I bought my Nazi coin.

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28 May 2020

When the Bell Tolls...

Coins | coinfodder

So you've collected a giant collection of coins like I mentioned in the last blog post I did on May 17th. Well, it may bring you joy now, but eventually, your time will come (I'm talking literally, so please don't talk religion in the comments section, please). So what are you going to do with your collection? Give it to your kids, sell it to a company, or donate it? The possibilities are endless.1. DonationThis is what Harry Bass did after he died in 1997- The ANA received his collection from the Bass Family, built a exhibit for it, and now it is the showcase of the ANA Money Museum in Colorado Springs. Only thing was, his family got no money out of this. So if you want money...2. SellThis is where things get more complicated. With donation, you specify in your will where your collection is going to go, and thats that. No other hassle. But when it comes to selling, many dealers and companies alike purchase coins, all offering you a different price. To get the best price, don't be the guy who is swayed by a coin company and is cheated out. Also, don't look TOO desperate to sell. This means companies will take advantage of your desperation, meaning they will offer a lower price. Consult "Cash Your Coins" by Beth Deisher, for information.3. Your kidsYes, I said it. The kids we spend a fortune one, and yet we love them. But which one to give it too, my o my! Lets say we have three kids. Kid 1 loves coins and collects with you, 2 has a partial interest in coins, and 3 has none, yet is in rough shape financially. In this case, sell part, give 3 liquid funds, and divide the coins and remainder of the funds among the others.It can be complicated. No one strategy is perfect cookie cutter for all. Choose the plan that best fits your family.

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28 May 2020

My NGC Unc COB!

Coins-World | user_2428

I look for interesting coins to show to the ANA member Clearwater Coin Club, Inc..As a rule I only look for no problem ms62+ coins. I do not want to lose money if I sell them.A Cob coin is a crude coin struck & trimmed by hand from a gold or silver bar.Cob coins were minted for Spain in the Spanish Mints of Mexico, Peru, Columbia, among others in the 1500's - 1700's.I have rarely seen a NGC uncirculated COB!I purchased a King Phillip II Spanish Peru Silver 1577-88 2 reales.1 Side has a Shield the Reverse has a large cross.NGC reg 4438966-013This coin is currently the ONLY known 1577-88 ms62+ Cob coin. 8 Circ coins also exist.I was the 2nd highest bidder! The Highest bidder could not pay up! I paid less than half I was willing to go!Thanks!

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27 May 2020

COUNTERFEIT MONEY NOT ALWAYS A BAD THING!

Paper Money-World | Longstrider

Today I have something a little different to share. I've been saving this one and I feel it will tie in nicely with the blog on the US Mint in Manila. As we all should know, the Philippines was overrun by Imperial Japanese Forces during WWll. When this occurred, in 1942, the Japanese issued their own currency there called Japanese Occupation Currency. This was to replace the older pre-occupation money.

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