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22 Aug 2019

World's Fair of Money 2019

World's Fair of Money | iccoins

It's been quite a while since I last posted a blog post. Unfortunately, I ran out of new, unique ideas of things to write. Anyways, I finally have a new blog! Last weekend, I went to the World's Fair of Money in Rosemont, Illinois at the Donald E. Stephens Convention Center. I went on the final day of the show, on Saturday. Unfortunately, last week was the first week of school, so I wasn't able to go to the show during the week. I really wanted to go every day of the show so I could be sure to see everything, talk to dealers, and go to the cool events. Saturday was still fun, even though many of the dealers decided to start their trek home and left either before the show on Saturday or sometime mid-day. It was nice getting in at 9:30, though. Since it was the free day for everyone, I assumed there would be a lot more people there, but even by noon, there still wasn't a super large crowd, which was quite nice.

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17 Feb 2019

Learn Your Types: Standing Liberty Quarters

Coins-United States | iccoins

Last week I acquired a new 1923 Standing Liberty Quarter to add to my collection, which is what inspired me to write this blog. Designed by Hermon MacNeil, this is one of the most popular coin designs for collectors. The prices of these coins are generally much higher than other coins minted in the same time-period. The overall mintage of the Standing Liberty Quarter series is much lower than the popular Mercury Dimes and Buffalo Nickels. From 1916 to 1924, the dates wore off much sooner than any of the details. This is because the date is the highest part on early date Standing Liberty Quarters. This led to extreme difficulties for grading companies, like PCGS and NGC, as well as collectors and dealers. There is essentially only one that that is required to grade coins. That is that the coin must be identifiable by year, denomination, series, variety, etc. Unfortunately, many of the earlier Standing Liberty Quarters ended up “ungradable.” Coins that may normally be a good, or sometimes even a very good example, may be ungradable simply because of the lack of the date. From 1925 to 1930, the date was recessed, which was very beneficial. The coins weigh 6.25 grams and are composed of 90% silver and 10% copper.

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17 Feb 2019

4 Most Valuable Small Cents

Coins-United States | iccoins

To many people, a “penny” is worth just 1 cent. It’s a coin that, with only one, you could buy absolutely nothing with, except maybe a paperclip from someone on the street. Little do some people know, some cents are so valuable that you could use just one to pay for a nice house or pay off your exceedingly expensive student loans from college. This list goes in order of date. They do not go in any particular value order.

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27 Jan 2019

Learn Your Types: Two-Cent

Coins-United States | iccoins

The two-cent piece, minted from 1864 to 1873 was a short-lived and currently obsolete denomination from the US Mint. It was one of the shortest-lived denominations and issue of any United States coin. Around this time, the Mint was creating two-cent pieces and three-cent pieces, with the nickel three-cent coin replacing the silver design in 1865, one year after the first year of the two-cent piece. Just after the conclusion of the two-cent piece in 1873, the Mint began minting another popular obsolete denomination, the twenty-cent piece. This type was incredibly short lived, concluding in 1878, just 3 years after its introduction. Around this time, the US Mint seemed to have been obsessed with creating several different denominations until finally settling in on what you generally use today. The mintages of the two-cent coins started out strong, but dwindled down every year and 1873 was a proof-only year. The coin was designed by James Longacre and weighted 6.22 grams, double the weight of the bronze Indian Head Cent, also designed by Longacre and released the same year. The coin was composed of 95% copper, plus a5% tin and zinc combination. These coins, with a diameter of 23 millimeters are slightly larger than small cents. All two-cent pieces were minted at the Philadelphia Mint.

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27 Jan 2019

Learn Your Types: Lincoln Bicentennial

Coins-United States | iccoins

Generally, I would not write an entire article about a specific year, but these are interesting coins and I believe they are worthy of an extended look. 2008 was the last year for the popular, but long-lived Lincoln Memorial Cent. In 2010, they were replaced with the Lincoln Shield Cent. 2009, however, was the 100-year anniversary of the Lincoln Cent, which was originally introduced in 1909 with the Lincoln Wheat Cent. The obverse of the coin has remained the same for 110 years, as of the time of this writing. In 2009, the Mint released four different reverse designs recognizing the bicentennial of his birth. Each reverse design was issue during one quarter of 2009, similar to how the Mint releases the National Park/America The Beautiful quarter series. Each coin essentially goes in the order of his life. The first reverse, Birthplace, depicts the Lincoln’s small log cabin in Kentucky. The second shows Lincoln sitting on a log reading a book during his teenage years. The third, Professional Life, shows Lincoln in front of the Illinois state capitol. During this time in his life, he served for eight years in the Illinois state legislature as a lawyer. The final coin shows his career until his assassination, his presidency. Known as the Presidency reverse, this shows the US Capitol, but in an unfinished state, as it was when he was president. This coin has the same composition as the 1982 to present Lincoln cents with 99% zinc, 1% copper, with a weight of 2.5 grams and a 19-millimeter diameter.

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10 Jan 2019

Don't Get Robbed!

Coins | iccoins

Update: Unfortunately, my computer broke and I haven’t been able to write articles in a while.

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23 Dec 2018

Learn Your Types: Presidential Dollars

Coins-United States | iccoins

Because of my busy week this past week, you get to read two articles in one day, this along with my article about details grades.

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23 Dec 2018

What Does "Genuine" Mean?

Coins | iccoins

You have probably seen them, the slabbed coins that either say “Genuine” or “Details” instead of an actual grade like you are generally used to. PCGS and NGC have slightly different ways of dealing with problem coins. PCGS considers these “Genuine,” while NGC calls them “Details.” Both mean essentially the same thing.

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16 Dec 2018

US Bicentennial Coins (+ A Small Story)

Coins-United States | iccoins

The last few days have been incredibly busy for me. This week, I have finals in school for the end of semester one and then there’s winter break, which means lots of time for coin stuff! Anyways, today, my family and I went to the Weihnachtsmarkt (German Christmas Market) in Chicago and we passed by Harlan J. Berk. Unfortunately, the store wasn’t open, but I did see some awesome stuff in the window that I may go back and look at during the holidays. The window displayed several Mint State Morgans, as well as a very nice complete uncirculated set of Franklin Halves. I’ve always thought sets like that are very cool, but the fun of putting the set together is absent when you choose that route. Personally, that’s what I find to be the most exciting part…the hunt for the perfect coin. Even if you don’t have much to spend, no matter the coin, it can still be a hunt to find the one you want at the price you want. There were also a few commemorative coins that I really liked in the window. There were quite a few window shoppers, likely because it was nearby the market and was a common route to get there. Now for the main part of the blog about Bicentennial Coins:

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12 Dec 2018

Learn Your Types: Franklin Half Dollar

Coins-United States | iccoins

The Franklin Half Dollar was designed by John R. Sinnock, who also designed the Roosevelt Dime, which was released two years before the Franklin Half Dollar, in 1946. The Franklin Half Dollar was minted from 1948 to 1963 and was the successor to the popular Walking Liberty Half Dollar, whose obverse design is also on the modern American Silver Eagle coins. In my opinion, the Franklin Half Dollar, along with the other coins released during this time, started the age when American coins began to seem much more boring and uninteresting. The reverse of the coin contains the Liberty Bell, which is the part of the coin that causes the designation, FBL, which means “Full Bell Lines.” On the Liberty Bell, near both the top and bottom, are lines. If the lines are uninterrupted or mushed together, that means the coin is very well struck and may receive the Full Bell Lines designation by the leading grading services.

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