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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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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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