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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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26 Apr 2022

Bank Dump Bin Score!!

Coins | CC

Hello coin collectors! this is my second post, and I wanted to give you this (hopefully) helpful coin collecting tip!I had watched a video about someone who had gone to the bank and asked them if he could go through their reject coins (coin that are damaged, oddly sized, magnetic, anything like that). He found a bunch of Ikes, and a silver eagle!! I thought to myself, why don't I try? So I went to the bank, and asked the lady if they had a "dump bin." She said that they didn't, but they have a big magnet in their coin counter to catch foreign coins. She let me look through those and keep whatever I wanted, because they throw it all away afterwards. So I did, and scored a lot of foreign coins! I haven't tried the other bank yet, but I want to soon. Ask your banks about their dump bins! Thanks for reading!!

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26 Apr 2022

Large Cents

Coins | CC

Hello, coin collectors! This is my first post, and I decided to make it on my large cent collection. I have a small large cent collection of just 5, but I'm hoping to get more soon. Sorry the picture is off-center:) In the top right corner is my 1852 braided hair large cent, on the bottom right is my 1840 braided hair large cent, on the top in the middle is my 1830 cornet head large cent, on the bottom left is my 1803 draped bust large cent, and on the top left is my 1797 draped bust large cent. My 1852 large cent is probably my favorite large cent, not for its value, but because of it's story. I was visiting my grandparents and asked them if i could go through their change jar, and they said I could. I found a lot of Mercury dimes, war nickels, and other things, but as i was reaching the end, I noticed a weird large brown coin. I pulled it out... my first large cent! My grandma said she found it on the side of the road and picked it up. They let me keep it for free! My 1840 large cent was basically free, too. I was coin roll hunting quarters, and I found a W quarter and wanted to trade it for something better, so I traded it for my large cent! My 1830 large cent has a hole in the middle of it, because someone had made it into a washer (washers used to cost 3 cents each, or you could make your own for one cent, so a lot of people did). It was at my local coin store and priced at only $1, but the guy gave it to me for free 😃 . My 1803 large cent I got in an ebay auction, 1/4 of it is clipped off. My 1797 large cent was free at a coin show, and it had no date, but I did some dating methods and it worked! Thanks for reading!

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