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17 Jun 2022

The Unique Link of Three Dollar Gold Pieces, Three Cent Silver Pieces, Large Cents, Washers, and Stamps Part II of II

Coins | CC

Welcome to part II! The links between these three dollar gold pieces, three cent silver trimes, large cents, washers, and stamps is very complicated and complex, so you might find yourself needing to read it through a few times. I will try to set out a chart at the bottom. First, let's start with the link between silver trimes and three dollar gold. The trimes were minted from 1851-1873, very similar times to when the gold pieces were circulating (1854-1889). The three dollar gold pieces were issued first in 1854, but never saw much public use—except by some certain individuals who were hoarding these trimes, who found it easy to exchange one of these gold three dollar coins for 100 trimes. That wasn't too hard, was it? Now we add stamps into the mix. Three cent trimes were issued partly because of the current cost of a postage stamp, which were three cents each. That way, they could pay with just one coin. Now three dollar gold pieces were also able to be spent on exactly 100 stamps, or buying 100 trimes for 100 stamps. Now we have a circle, but what happens when we throw washers in? Back then, washers cost three cents apiece, so you could buy a stamp with a three cent or a washer, both only used one coin. Or you could buy 100 three cents to buy 100 washers with a three dollar gold piece, or you could just buy 100 washers. Confused yet? Well, this is where we toss large cents in. instead of buying your own washers for three cents or buying 100 trimes to buy 100 washers, people just made their own out of large cents, so it only cost one cent. Handy, right? Or you could buy 300 large cents with a three dollar gold piece, and make 30 washers yourself! Well, our hexagon is finally complete! Let me lay out a simple chart for you:

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15 Jun 2022

The Unique Link of Three Dollar Gold Pieces, Three Cent Silver Pieces, Large Cents, Washers, and Stamps Part I of II

Coins | CC

The Unique Link of Three Dollar Gold Pieces, Three Cent Silver Pieces, Large Cents, Washers, and Stamps Part I of II

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02 Jun 2022

The History of U.S. Half Dimes

Coins | CC

The History of U.S Half Dimes

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25 May 2022

The History of Two and Three Cent Pieces

Coins | CC

The History of Two and Three Cent Pieces

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08 May 2022

A few 17th Century coins!

| CC

Hello Numismatists! I thought I would do a short blog on my 17th century coins. I only have four, I'm hoping to get more soon. From the top left to the bottom right in the picture:#1. This one I found i. my coin store's "damaged" bin, and pulled it out for free! It is a Latvian silver 1 solidus from 1650. It was issued by Christin (1634-1654), Queen of Sweden. It is is a AU-MS range, and worth about $10.#2. This one took me a while to figure out, but I learned that it is a part silver billon mix 1 soldo from Venice, C. 1680 (no date). It has Jesus Christ on both sides, and is in a VF-XF range, even though it's dented. It is worth about $25.#3. This is my oldest from the 17th century-a 1616 double tournois from France. It is a coin that was used in colonial America, and I am happy to ahve it in my collection. It is in VG-F range, and worth about $20.#4. This is a British coin with Charles I on the obverse. It's date is worn away, but it is from C.1675. It is in about AG-3 condition, but it is another coin used in colonial America. It is worth about $8.Thank you for reading, I hope you enjoyed!!

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06 May 2022

Bank dump bin score#2 And epic Nickel box hunt!!

| CC

I went to my bank again today, and they let me go through their "dump bin" again! I got some special edition low mintage Canadian quarters, a 1968 Canadian nickel, a Guatamala commemorative coin, and toned two pence and one pennies and more!! (There was also a no cash value token from 1900, but I didn't realize what it was until I got home) :(. But the best thing was MY FIRST TWO SILVERS in a nickel box!!! 1942S and 1943P! And my first buffalo!!! 1936 full horn!! There were also 3 foreigns--two Canadian nickels and a Mexican $1 coin. See the pictures!! My best nickel box hunt ever!! Thanks for reading!!

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06 May 2022

The History of U.S. Large Cents

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U.S. Large Cents

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04 May 2022

My 19th and 20th century type small denomination coin collection

| CC

This is my partial set that I am currently working on, and I am hoping to get a folder for it soon. I enjoy the obsolete coins, such as the 2 cent piece, three cent pieces, flying eagle cent, copper-nickel cents, and shield nickels below. The two cent piece was the first U.S. coin to say In God We Trust, for those of you who didn't know (if any). The 1913 type I Buffalo nickel was exciting to get, I got some dateless buffalo nickels from my local coin store, and soaked them in hydrogen peroxide and vinegar (It does the same as nic-a-date) and that's what I got! I've also done that with shield nickels. Thanks for reading!

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27 Apr 2022

Numismatic paragraphs

| CC

When I was younger an I was exhibiting at a conference, I wrote some paragraphs that I would like to share with you 😃 What makes some coins more valuable than others?Some coins are made with different metals that make them more valuable. Pennies used to be made out of copper, but now copper is too expensive to use. Also, when they made copper-nickel pennies from 1857-1864, they only made them for eight years, which makes them rare and valuable. Also, coins can be more valuable if they are older and no longer being made For example, an 1889 Indian head penny is worth more than a 2019 penny, because they don't make Indian pennies today and there are not as many as the 1889 ones. Who is on the coins and why?On Lincoln's 100th birthday, Theodore Roosevelt and the U.S mint decided to celebrate his birthday by putting his picture on the coin. Congress and the people liked the coin. Our coin making system was proposed by Thomas Jefferson, and that is how he got on a coin. FDR (Franklin Delano Roosevelt) fought Polio most of his life. He was a big fan of the March of Dimes and this was what made them put his image on the dime-the ten cent coin--the dime. They decided to put Washington's picture on the quarter for one year(1932) in honor of the 200th anniversary of his birth. But it became so popular, they decided to keep it as a permanent design. Just after John F Kennedy was assassinated, president Lyndon B. Johnson ordered his image to be put on the coin to honor fallen president. Benjamin Franklin used to be on the half dollar before JFK. Each president on our coins was chosen because of their service to our country. What is an Indian head penny?An Indian head penny is a old penny with an Indian head on one side and an oak wreath on the other side. Their dates range from 1859-1909. The first small cent minted was a flying eagle. Mint director James Ross Snowden decided that the new artwork would make this penny more popular. So he told his chief designer, James B. Longacre, to create an Indian chief wearing the classic headress associated with the indians. How coins are madeA mint is a place where they make coins. When the U.S. mint first opened in 1793, coin production was a very physical, slow, and imprecise process. The first mint in Philadelphia consisted of a three-story brick building, with some smaller buildings around it. The Coinage Act of 1792 told the mint to use copper, silver, and gold to make coins. This is how coins are made: they make a large sculpture of the coin and put it through a machine that makes it in to a smaller mold. Then, they put hot metal in the mold to make a stamper. Then machines stamp metal disks to make coins. I hope you enjoyed reading this!

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