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14 Apr 2021

THE STORY OF THE PEACE DOLLAR- Part II of the Big and Bold Dollars Series

National Coin Week | coinfodder

Well, with one thing leading to another, I kind of already set up the Peace Dollars...

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14 Apr 2021

Collecting 50 Years Ago in 1971-

National Coin Week | SilverToken

In 1971, my grandfather was 58, and I was 9. He had lived through the depression and provided for his family through the CCC. He traded his Model T for a building lot and built a 3 room home. He served his country in WW II, became a postman for a small Indiana community, and he was a coin collector.I remember the tales of his collecting. The banker would call, saying "Got some silver in, come take a look." He created his collection and trade list on paper, taking the original to the town printer for copies to fill out each coin want/need/trade to mail off. He would trade through publications on faith, sight unseen, calling out and notating who was honorable and who was not. He had fellow coin collectors in town with great nicknames like "Woody", and there was a coin shop in town as well.My Grandfather's Pride was his Morgan Collection. He did create other sets of Barbers, Nickels, Franklins, Walking Liberties, Peace Dollars, keeping the collecting grade about the same through each of those sets.... But his Morgans he always strived for BU. He did buy a scad of 1971 Eisenhowers. I can only assume that he thought it would be the coin to have as an investment, and you get the one chance.The grading in 1971 was F-VF-EF-AU and BU. The images to grade from were poorly printed compared to today's hi-tech paper and digital sources.Then, in 1972, the federal government decided multiple things that would change his life. The Federal Government privatized the Post Office and not wanting to gamble on his retirement, he chose to retire with a government pension. This meant as a collector, he would really need to sharpen trading skills because their income was now fixed, and the savings that my grandparents had needed to last their lifetime. It probably broke his heart that also that year, Nixon signed and released the GSA Morgan hoard. He never bought one.The new alpha -numbered grading system soon followed, the groundbreaking Photograde published by the ANA, as well as the newish VAM ID's and publications were becoming more available. By this time, his collecting by year and mint, graded by F-VF-EF-AU- BU, coupled with his age, it was too late in his mind to change course. It is always nice to make a plan and stick with it to the end.My Grandfather's passed away in 1988. My grandmother was legally blind since the age of 45, but was very wise and loved by the town. She sold some of the collections to those whom she trusted. I never will forget her talking about the Morgans saying " He never did complete that set, he just wouldn't pay that much for a single coin!"When she passed, my mother inherited what was left of the collections. She had no interest in coins, just that they were hers now. I, on the other hand, gathered the things I felt were important to both my grandparents, her cookbook and his coin books, tally, and trade sheets. These are treasures and I consider these as valuable as a coin, but isn't a coin's value only what someone is willing to pay when you come down to it? My images below are some of the resources he used for price, grade and trade. This generation had a reverence for books, never writing in them.Today, on the 100th anniversary of the final Morgan and the first Peace Dollars, our resources are plentiful to complete collections. We have instant viewing of coins and don't have to wait weeks for in the mail to know. We have pricing updated constantly, not waiting for a newsletter or a monthly publication. We can buy globally with ease. You can gamble on stored bank rolls, but check the end tucks!My goal is the same as my Grandfather's, collecting goals don't seem to change, unlike grading and technology. Die sets have been extensively researched and documented. I can peck away at the Mint-Date Set, the additional Major Varieties, and the Top 100 VAM's along the way. I can't help but feel that sitting in the comfort of my home, "surfing" the web, feels nearly like cheating compared to what a mailman in a little town in 1971 was able to collect. I too am on the cusp of retirement as well, and I will need to gauge my buys, not knowing what my future will need. My wife of 40 years has been a trooper and a great source of sanity with my collecting. I know I will not be selling our sets, yes our sets, it's too personal.Anyone have an extra 93-S? Someone keeps stamping "COPY" and it's not funny...

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12 Apr 2021

THE STORY OF THE MORGAN DOLLAR

National Coin Week | coinfodder

In typical coinfodder fashion, whenever I hear the word "FREE COINS", I go wild. Then I read the fine print and realize I have to write something to get them. Well then.

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12 Apr 2021

National Coin Week Display in Milford, MI

National Coin Week | Al Raddi

Each year, American Numismatic Association (ANA) member club the Huron Valley Numismatic Society (Highland, MI) puts up a small National Coin Week (NCW) display at the public library in Milford, MI. This year's display features the Eisenhower dollar and includes a couple of posters describing the obverse and reverse of the coin, a Harco album with a collection of the big rounds, some NCW promotional items supplied by the ANA (book marks and buttons) and a half dozen books on Ike that staff pulled from the stacks.

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04 Apr 2021

Big and BOLD Numismatic Marvels

National Coin Week | TheNumisMaster

Hello and good afternoon, my fellow friends and numismatists! I trust you are all having a wonderful week. Today's numismatic dive will be fairly longer and more in depth than most, so get comfortable, grab a snack, and let's dive into some numismatic marvels!

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02 Apr 2021

Happy Birthday!

National Coin Week | Long Beard

As collectors, specifically those of United States coinage, the date April 2 should be highly remembered. As much so as July Fourth. Regrettably it is not, even to the author until research for a blog topic shined light on this all important day. As mentioned in the previous weekly blog, a theme had been contemplated in which the date of the topic's posting related to a historical event of the same. So in avoiding any further curiosity as to the title, today is the birthday of The United States Mint. Or at least the passage of legislation for it's creation. As such, this would be the author's submission for National Coin Week and the Money, Big and Bold theme. Enjoy!

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29 Mar 2021

CONECA's Big and Bold Idea

National Coin Week | Al Raddi

In 1983, the Collectors of Numismatic Errors (CONE) club and the Numismatic Error Collectors of America (NECA) clubs merged. Unable to easily agree on a name for the combined error coin club, the merged Board of Directors designated it simply the Combined Organizations of Numismatic Error Collectors of America (CONECA).

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