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Larry Smith's Blog

11 Jan 2020

lincoln cents

| Larry Smith

The realization just came to me that I only need a few more lincolns to complete my set. Most are key dates.

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27 Aug 2019

New hockeypuck

| Larry Smith

The US Mint released it's San Antonio Missions 5 oz. Silver Coin (hockey puck). If you do the math with silver at around 17.50 (1), the silver value of this coin is about $90. I can't believe that beople spend the $154 that the mint is asking for it. That is almost double it's value. these coins have basically no numismatic value and are just bullion coins, given that I have never even seen one in person. I am tired of these coins. I'm glad that womens' history qharters are coming next, but not if they make the hockeypucks for them too.P.S. Sorry I haven't been writing blog posts wor a week-I was on vacationSource:CoinWeek(1) Comes from PCGS Daily Coin Market Report on 9/26

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16 Aug 2019

US Mint revealed innovation dollar designs

| Larry Smith

A forum post, "What happened to Innovation Dollars "Has been going viral lately. The US Mint revealed the designs for the 2019 innovator dollars for four states. The four states will be pensyllvania, Georgia, New Jersy, and Deleware. They plan to release the coins later this year. Designed by Richard Masters and engraved by Joseph Menna, This coin commemorates the creation of the polio vaccine in 1953. It features a microscope on the obverse. The Georgia coin designed by Emily Damstra and engraved by Micheal Gaudioso Commemorates the Trustees' Garden, the first agricultural experimental garden in America. It features seedlings growing on the inscriprion "TRUSTEES' GARDEN" like it is soil, with an outstretched hand planting seeds. The New Jersey dollar commemorates the invention of the lightbulb with a filiment that could last 1200 hours. It pictures the Edison Lightbulb on the obverse. This coin is designed by Paul C. Balan and is engraved by Phebe Hemphill. Last but not least, the deleware coin, designed by Donna Weaver and engraved by Joseph Menna commemorates Annie Jump Cannon who developed a star-classifying system that we still use today. For more coin updates, visit my blog and follow me.Source: CoinWeekhttps://coinweek.com/us-mint-news/united-states-mint-unveiled-2019-american-innovation-1-coin-program-designs/

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16 Aug 2019

The New Orleans Mint Part I

| Larry Smith

In the mid 1830s, President Andrew Jackson felt a need for mints in other locations besides Philadelphia. 3 branches were proposed:Charlotte, Dolenada, and New Orleans. New orleans was a large port where foreign silver deliveries commonly came in. The act became official on March 3, 1835. Mint Director Samuel Moore chose John Mitchel and Benjamin F. Fox for the construction contract. William Strickland designed the new mint. He had also designed the second Philadelphia Mint. David Bradford was appointed superintendent of the new mint in March of 1837. In January of 1838, Robert Maskell, the mint director reported: "The machinery of the New Orleans Mint was executed, and the steam engine set in action in may last; and there would have been no difficulty in putting the mint in full operation, but for the apprehensions from the climate. Two of the officers and all of the workmen were from the middle states, and unacclimated; and I was advised by the resident officers that they would incur great risk in going to New Orleans in the warm season…. They are now, however, all at their stations, and making every exertion to commence the operations of the Mint at an early day.”

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15 Aug 2019

worlds fair of money pittsburgh

| Larry Smith

I am really excited to go to my first world's fair of money in pittsburgh. I have never been to any coin show besides my local coin show. Usually, I bringcash and trading silver to my local coin show. What should I bring to the WFM? What is it like to see coins sell for $1,000,000? How big is it? How does it vary from my local monthly coin show?

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13 Aug 2019

collecting seated and bust dimes

| Larry Smith

A few years ago, I was looking for something to collect. I was just randomly looking through the red book and trying to find something. I was having trouble, but I went back to the seated dimes. I remembered how easy it was to get my type coins at an affordable price, so I decided seated dimes would be the one. I started buying coins at my local coin show, and putting them in a red box for 2x2s. Once I got enough, my grandfather got me some albums for the coins, which also included bust dimes. I started collecting those, too and that's why I collect early dimes now.

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12 Aug 2019

1793 strawberry leaf large cent (the fifth)

Coins | Larry Smith

This past week, I got the honor of holding the (not yet confirmed) fifth 1793 Strawberry Leaf Large Cent. Someone came into Brookfield Coin in Danbury, CT and brought in a pile of foreign junk bought by the pound. The owner looked through the pile and later found this coin. They are about to get it graded and if it turns out to be the suspected coin, it may raise a numismatic ruckcus. I highly recommend going to Brookfield Coin. The prices are fair, and if you are lucky, you may be able to hold one of the top 100 rarest coins.

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