Login

31 May 2020

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

Coins | user_77959

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.

READ MORE
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.

READ MORE
29 May 2020

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

Coins | user_77959

CLICK READ MORE TO READ IN RIGHT FORMAT

READ MORE
28 May 2020

When the Bell Tolls...

Coins | user_77959

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.

READ MORE
24 May 2020

CONECA Contest prize

Coins | JudeA

So today I got my prize for winning the CONECA crossword contest! There was some pretty good stuff in it, and I will be telling you all what I got. The first thing I got was a 1960 D cent that said that if you go to variety vista then you can try to attribute it. I think it is a repunched mintmark of some sort. The next thing I got was a 2001 broadstruck cent certified by PCI, graded MS65 Red. The next thing is a 1984 D cent that is apparently partially unplated. I am not sure if this is an actual error, commet your opinion down below. The last thing I got was a magnifying loupe. It is a triplet with a 10x - 18x and a 20x - 12mm. I will be adding pictures of all these later, commet what you think about these items!

READ MORE
23 May 2020

Hunting through box of Pennies Results

Coins | user_84039

After 2 days of Hunting I finally went through $25 Box of Pennies while hunting I found over a Dozen Canadian Pennies (Oldest 1947 (No Maple Leaf) And 10 Wheat cents. 2 from the 20s and 1 from the teens (1912-P) Very Good Box and Lot's of fun!

READ MORE
23 May 2020

Timeless Beauty

Coins | Long Beard

With Memorial Day upon us once again I decided to do a short blog piece this week on Charles E. Barber. That way, both you and I may enjoy the kick off to summer.

READ MORE
19 May 2020

Coins in your Pocket - Cent Errors and Varieties

Coins | JudeA

Hello! It has been awhile! With all this "fun stuff" going around, school and other stuff has kept me away from the ANA for some time. I hope I can keep blogging regularly now. Also, I was one of the first of 3 people to send the correct answers from a CONECA contest, so I will be receiving my prize in the mail in a couple of weeks! Look for a blog on that soon. Anyways, I was thinking what I could blog on, since nothing really Numismatic has happened lately. I remembered my old, "Coins in your Pocket" blogs, and decided to write another of those! This edition doesn't focus on just normal coins, but focuses on the errors that I search for. I will be covering cents in this blog. Hope you enjoy!

READ MORE
17 May 2020

Hello to my fellow coin folks!

Coins | CoinNovice

Lets see what this brings for me.I am very excited to learn and meet new people!-CN

READ MORE
16 May 2020

Things to do in a Boring Quarantine

Coins | YoloBagels

Ever since the beginning of the you-know-what-19 pandemic, we have seen our everyday life turn into a safety precaution. With all states in the US being in a state of emergency, the majority of our day-to-day actions have stalled due to quarantine measures. This leaves the common numismatist sitting at home; in my case wondering "so, uhh, what now?" Hopefully this blog can give you an idea of things to do.

READ MORE

Money.org Blog and Forum Terms & Conditions of Use / Disclaimer

This is a community-sourced blog. Any views or opinions represented in this blog are personal and belong solely to the blog post’s author, and do not represent the views or opinions of the American Numismatic Association, and may not represent the views or opinions of people, institutions or organizations that the author may or may not be associated with in professional or personal capacity.

All content provided on this blog is for informational purposes only. The American Numismatic Association (ANA) makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. The ANA does not monitor the blog on a constant basis.

The ANA will not be liable for any errors or omissions in this information, nor for the availability of this information. The ANA will not be liable for any losses, injuries, or damages from the display or use of this information.

Downloadable Files and Images

Any downloadable file, including but not limited to pdfs, docs, jpegs, pngs, is provided at the user’s own risk. The ANA will not be liable for any losses, injuries, or damages resulting from a corrupted or damaged file.

Blog/Forum Posts and Comments

In these terms and conditions, “user content” means material including without limitation text, images, audio material, video material, and audio-visual material that you submit to this website, for whatever purpose.

Blog/forum posts and comments are encouraged. However, the ANA reserves the right to edit or delete any blog/forum posts or comments without notice. User content deemed to fall under the following categories will be removed and may prompt disciplinary actions, including, but not limited to, review and suspension/revocation of blog and forum privileges:

  • User content deemed to be spam or questionable spam.
  • User content intended for commercial purposes or to buy, sell or trade items.
  • User content containing profanity.
  • User content containing language or concepts that could be deemed offensive.
  • User content containing hate speech, credible threats, or direct attacks on an individual or group.

In addition, user content shall not be illegal or unlawful, shall not infringe any third party’s legal rights, and shall not be capable of giving rise to legal action whether against you, the ANA, or a third party under any applicable law.

The ANA may terminate your access to all or any part of the website at any time, with or without cause, with or without notice, effective immediately. If you wish to terminate this Agreement or your Money.org account (if you have one), you may simply discontinue using the website. All provisions of this Agreement which by their nature should survive termination shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity and limitations of liability.

The ANA reserves the right to display advertisements on your account and blog pages.

This blog’s terms & conditions of use / disclaimer is subject to change at anytime.

We use cookies to provide users the best experience on our website. If you continue without changing your cookie settings, we'll assume that you agree to receive all cookies on money.org. You may disable cookies at any time using your internet browser configuration. By continuing to use this website, you agree to our privacy policy and terms of use. To learn more about how we use cookies and to review our privacy policy, click here.