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23 Oct 2019

Thank You PAN Auction and Longstrider

| Just Mokie

Many of you are friends with Longstrider, one of the most prolific bloggers on this site and also an avid fan of the VAM Dollars, particularly the Peace Dollar VAMs. Well over the past year, while reading his many blogs, I have been kind of inspired to collect VAMs as well. Since Peace Dollars are one of my two favorite U.S. coin designs, it is an easy extension for me. I have received one slabbed VAM from a friend and also purchased a slabbed VAM but so far, despite my large horde of Peace Dollars, have not found one myself. Today that changed. I purchased a 1926-S Peace Dollar during the CoinZip auction conducted during the PAN show and I found myself a VAM. It has been confirmed by the many experts on VAM World and it is VAM-4 on the list of 1926-S VAMs. It is also a Top 50, which makes it even more fun. This particular VAM is characterized by a raised circular dot on the reverse, just below the right talon. Under magnification, the dot actually looks like an O. there are also two tiny dots below OF in STATES OF, these are not shown in the pictures as they are really tiny and hard to see compared to the circular dot which can be seen with the naked eye. I am very pleased to find my first wild VAM and I am very appreciative of the other participants in this blog, especially Longstrider, who inspire me and teach me more and more about this hobby I love. If you're not familiar with VAMs, make it a point to visit VAMWORLD and find your own Morgan or Peace Dollar VAM. VAMWORLD 2.0http://ec2-13-58-222-16.us-east-2.compute.amazonaws.com/wiki/Home

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23 Oct 2019

The Continental Dollar

Coins-United States Colonial | user_1727

Numismatics and history are very closely connected. From the earliest coinage to modern commemoratives, coins tell the story of triumph, conquest and tragedy throughout history. They tell the story of kings and of revolutions, exploration and innovation. This series looks at the history of the Modern World through the lense of 20 coins.

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23 Oct 2019

Dollar Project

| user_23260

i completed the dollar project today waiting for my coins

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22 Oct 2019

To Slab, Or Not To Slab, Part Two

Coins | Liberty Walking Half

"Why do people have such a blind trust in these companies?" When speculators, investors, and various new numismatists become involved in buying and selling of coins, certified specimens are an attractive draw. Speculators and investors, particularly if they are new to the numismatic industry, generally see certified coins as selling well, along with being highly marketable because of the grade guarantee, and naturally purchase them. Additionally, ‘slabs’ are easier to sell, because the grade, for the most part, is set in stone, at least to a further extent then a uncertified ‘raw’ coin. New hobbyists, being inexperienced, see certified coins as being a safer buy, with far less risk of over-grading or faking. These people, along with other numismatists, have a blind trust in third-party grading companies because by almost everyone these companies are considered unbiased, as opposed to the seller or buyer and trustworthy simply because they have small benefit for being dishonest. Over time, it became more and more common for many to see the grade, see the company, and move right on to the price-haggling. For many, the name and the grade became all that were needed to make the click on "Purchase". For many, blindly trusting a third-party grading company became a natural thing. "Why do people have such a blind trust in these companies?" Because for many, the question, if any were asked, was, "Why not?"

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22 Oct 2019

Half Dimes, the Final Years: 1870 - 1873

| user_4449

After 1870, with the largest key date for half dimes, and all coins, made by the San Francisco mint, mintages went back to around normal for the rest of the variety and the rest of the series. In 1870, the San Francisco mint struck only one half dime, and while there are rumors and theories that a few more may exist, maybe in circulation or in the corners of the San Francisco mint, another one has not been found. The Philadelphia mint struck 535,000 half dimes in 1870, and therefore was far from a key date. Also during 1870, there was a die change, where the mint mark on the reverse went from its previous spot, under the bow on the reverse, to above the bow, and under the date, inside of the wreath. In 1871, the Philadelphia mint struck 1,873,000 half dimes, where as the San Francisco mint struck only 161,000, not quite making a semi key date, but making a date worth more than others that year, and others that were struck for the next couple years. Around 600 of these half dimes still exist. In 1872, the Philadelphia mint struck almost three million half dimes, where the San Francisco mint was about two hundred thousand half dimes short of a million. However, that year, the San Francisco mint struck two die varieties. After the mint mark changed positions between 1869 and 1870, it changed again during 1872. Around half of the half dimes struck by the San Francisco mint in 1872 portrayed the mint mark above the bow, under the date; the other half had the mint mark under the bow, under and outside of the wreath on the reverse. Both of these die varieties saw about the same mintages, so the values are pretty much the same. The 1872, San Francisco half dime with the mint mark above the bow has around 1,000 surviving pieces today, while the San Francisco mint with the mint mark below the bow has around 3,000 surviving pieces today. Therefore, the half dime with the mint mark above the bow is worth more, however only slightly, and only in higher grades. Only the San Francisco mint experienced the mint mark changes, due to the fact that the San Francisco mint used mint marks, and the Philadelphia mint did not. In 1873, both the San Francisco mint and the Philadelphia mint ceased production of the half dime. The regular 5 cent that is still in production today, that was the shield nickel at the time, had been in production since 1866, and was a cheaper alternative to the half dime, and it was also a bigger coin. Therefore, the half dime was discontinued after 1873, with around 1,000,000 half dimes struck at both mints. A known total of 84,828,478 half dimes were struck at the New Orleans mint, the San Francisco mint and the Philadelhpia mint during to total of the series.

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22 Oct 2019

Half Dimes - Variety 4: 1868 - 1870

| user_4449

The Fourth Variety of United States Half Dimes were the Legend on Obverse variety, struck from 1860-1873. These were struck at the Philadelphia mint, the San Francisco mint and the New Orleans mint. After the South succeeded, taking the New Orleans mint with it, it stopped making half dimes after 1860, and it continued to cease production long enough that the whole half dime denomination was discontinued before the mint was back in order. The San Francisco mint started making half dimes in 1863, and continued to do so for the rest of the series. From around 1863 - 1868, every year was a semi or a full on key date, with some years seeing less than 10,000 half dimes struck. The most notable was in 1867, where only 8,000 half dimes were struck at the Philadelphia mint, and values reach $450 in G-4 and $1500 in MS-63. After 1868, mintages for the half dimes stabled out at around 250,000, still a little low compared to some previous varieties, but very high compared to the beginning of the variety. In 1870, a combination of 535,0021 (known) half dimes were struck at the Philadelphia and San Francisco mint. 535,000 of these were struck at the Philadelphia mint, the highest mintage the mint had seen after the period of key dates. However, the San Francisco mint had its biggest key date of the whole half dime denomination, in fact, San Francisco’s biggest key date ever struck. Up until 1978, it was thought that the San Francisco mint did not strike any half dimes for 1870, but it very soon changed. The coin collector to find it, found it at a coin show, in a bargain dealers bin. There was a lot of skepticism, saying that the San Francisco had not made any half dimes that year, but in fact, it had made at least one. The half dime was legitimized and genuinified. Later that year, in 1978, it sold at auction for $425,000. Later, it was sold again at a Stack’s Bowers auction in 2004, and realized an even higher price of $661,250, and was given the grade of MS-63. It is believed that somewhere, a second example probably exists, and maybe more after that. Old storage, or an old, dusty corner in the San Francisco mint most likely houses another example, but that is just a theory, and so far, a second example has not been found. The exact mintage is not known for this year, and the survival estimate, at least for right now, is just the one. The unique 1870-S half dime was later slabbed by PCGS, and given a higher grade of MS-64, and is worth around $2,000,000 according to the red book, but a slightly lower $175,000 according to PCGS.

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22 Oct 2019

1926-S PEACE DOLLAR-VAM 4A

Coins-United States | Longstrider

Today I have a new, to me, Top 50 Peace Dollar VAM to share with you. Below you will see my example of a 1926-S VAM 4A. This is another Top 50 Peace Dollar VAM. The 4A incorporates the VAM 4 as well as some additional features I will describe. It is a "stand alone" VAM.

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22 Oct 2019

What Is Maundy Money?

Coins-World | Mike B

Hi everyone. How many of you have heard of Maundy Money. I bet not allot. The four coins given by the Monarchy had its sort of begging back in 1210. I love The British and there records. On April 15,1210John Monarch of England donated garments,forks,food and other gifts to the poor. This was done at Knaresborough Yorkshire. He also gave gifts of small silver coins. He gave 13 pence to 13 poor men. As times changed the meaning and what was given changed. It is a religious ceremony that has to do with Holy Thursday in the Anglican Church. The church of England. It's called Maundy Thursday because Maundy is derived from the Latin word and Maundatum. I pulled that out of four years of Latin. Now this means commandent. The day is called Maundy Thursday because Jesus commands his disciples that they love and serve one another. Now the religious aspect of all of this goes to the washing of the feet.. It's called the Queens Maundy Money and are legal tender. Every year once the set of four had their design the Monarch would give these four coins to the poor. Once in a while the children helped. The denominations are one penny,two pence,three pence,and four pence. . They were given in a small pouch. Now some kept them as a set and some spent them if they had to. Now the remarkable thing of this is that is was started in 1210. And this practice continues today. Now The set below please enlarge the pictures the pence is the size of the nail on your pinky. So for each year since 1210 the Monarchy has given this small but meaningful gift to the poor. Now they come in casses. If course the older they are the more value to them if you have The set. That's hard. Not today.I have a MS set going back to King George the III. The problem two have different dates. The set below is a proof set. Now you will see the grades and some black marks. I searched to find out what the were some type of Patina. It's not dirt and The grades show that. Now I could of written pages on the religious meaning and the Last Supper but I wanted to get to the coins. To find these in proof a set today is not that hard. Going back in the years is very hard. The coins has the Monarch on the obverse and the reverse show the amount of the coin and a Crown. This was my first proof set. Now I would suggest you research these. There very interesting and collectable. That and the whole.story is very interesting. I hope you enjoyed this little bit of history concerning these coins.. It took allot for me to right but I managed to post it. Enjoy . The Monarch on these is George the VI. Thanks MikeP. S The mintages of these coins are very low..

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21 Oct 2019

Freak Show 1968 - VIII

Coins | Haney

Well Halloween is closing in with just one full week of October left. As for me I am enjoying one of those fall like days with clear skies and a nice breeze blowing in through the office window while working on my post as my little Chihuahua lazily snores in the blanket in the adjacent room doing his best to stay warm. My freak today is hardly freakish and despite being different from those he was struck with he must have spent some time out in the world doing his best as a member of commerce. With him being found under sized and underweight I doubt he ever enter a coin operated mechanism like the pin ball games that use to be stationed at the vestibule at the local Kmart, also gone from the landscape. I do suspect at least for a time he went from change drawer to coin purse to pocket and back again during his working career unnoticed and unloved. I imagine that when he first was notice it was the lack of having a copper edge that generated the initial excitement. I know I get excited when I see that silver reeding without a copper edge on coins in my pocket change. This exciting event is getting to be a pretty rare these days. My last such find was the change I scooped out of a Coinstar reject bin that had been left behind in a little Northern California town while on vacation. It was a quarter as well, oops sorry about that the wind through the window blew me off course so back to my little friend here.

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20 Oct 2019

America's Greatest Treasure Ship, The Second Treasure-Finding Journey

Coins | Ancient Collector

Once again David Bowers, withthe assistance of Dwight Manley, has produced a marvelous book on the history of coins. The record of the Second Journey to the SS Central Americais a much more manageable book than the first tome on the subject, A California Gold Rush History; the new book being only 210 pages.

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