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user_27089's Blog

25 Aug 2021

Silver Dollars

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The silver dollar is a big coin that is rare and expensive. Scroll down for more info on these dollars. MORGAN DOLLARS A coin law of 1873 had no provision on this silver dollar. George T. Morgan, a former student at the Royal Mint in London, designed this silver dollar. His initial, "M", appears twice, around the neck and in the left loop of the ribbon on the reverse. In the 1900s, the made a little amount of Morgan dollars due to the lack of silver. In 1918, the Mint melted the silver dollars and then brought them back in 1921 for a short time until the Mint used the new Peace design for the silver dollars. PEACE DOLLARS After the mint changed the Morgan silver dollar design, which had 27 years of mintage, the mint used the Peace design for the silver dollars. The Peace dollar, which was released under the terms of the Pittman Act, which referred to bullion. Anthony De Francisci designed the Peace dollar, which was modified in 1922. The design is meant to show designs of emblematic peace. The rarest Peace Dollar are those minted in 1964, which now are illegal to own them because in 1965 the Denver Mint struck around 300,000 Peace Dollars but then in 1973 the U. S government said if any were released to the public the shall be confiscated by the treasury. EISENHOWER DOLLARS The Eisenhower dollar is the first dollar coin since the minted quit minting the Peace dollar in 1935. If you were looking to sell Eisenhower dollars, they would be face value unless uncirculated they would possibly be maybe 5 dollars. In its 8 years of minting, the only different Eisenhower dollar was the 1976 bicentennial dollar, which depicted Indepence Hall after 200 years of freedom from Britain. If you have been reading my other articles, you should remember Independence Hall but if not, you should read Kennedy Half dollars for some facts about it. FUN FACTS 1. On the Peace dollar it has trvst instead of trust. Trvst is latin for trust. 2. Unless your Eisenhower dollar is minted in San Francisco, it is not silver. 3. The Eisenhower dollars minted in Philadelphia and Denver are circulation strikes. 4. The Morgan dollar was minted in Philadelphia, San Francisco, Carson City and New Orleans. 5. The Peace dollar was designed by a 34 yr old and was put in circulation Jan 3,1922. 6. The Peace dollar pictures the head of the Goddess of Liberty on its obverse and on the reverse it depicts an eagle holding an olive branch with the word Peace. SOURCE LIST Google Search, The Red Book by R. S Yeoman, Coins and Paper Money by Allen G Berman and Coin Collecting for Dummies by Ron Guth.

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18 Aug 2021

Kennedy Half Dollars

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The John Fitzgerald Kennedy half dollar is one of the most recent American coins. Almost immediately after his assassination on November 22nd , 1963 they made a half dollar commerating Kennedy. In 1964, like the dime and quarter, it was made of 90 percent silver alloy. That lasted from 1964 to 1970, until it was no longer used in 1971. Since 1992, all Kennedy half dollars minted in San Francisco they , like the original Kennedy half dollars , were also made with 90 percent of silver alloy. DESIGN Frank Gasparro and Gilroy Roberts designed this Half Dollar. Gasparro with the reverse and Roberts with the obverse. The obverse shows Kennedy on his inaugural medal and the reverse with the presidential seal, which is an eagle with an olive branch in one claw and a bunch of arrows in the other. In 1976, after two centuries of independence from the British, they created the bicentennial Kennedy half dollar. It pictures Independence Hall, which is in Philadelphia, Pennsylvania, which was designed by Seth Huntington. Errors and Counterfeits. It is most likely that no Kennedy half dollars have been counterfeited, but for errors some 1971 -D half dollars and 1977-D were put in a silver clad by accident. FUN FACTS 1. Frank Gasparro, the designer of the reverse of the Kennedy half dollar, also designed the reverse of the 1959 Lincoln cent, and designed both sides of the Susan B. Anthony dollar and the Eisenhower dollar (both sides) but did not do the bicentennial reverse . 2. In 2019, and 1964 Kennedy half dollar sold for 108,000 dollars, making a world record for highest price for a half dollar. 3. The only coins in 1976 that have a bicentennial reverse are the quarter, Kennedy half dollar and the Eisenhower dollar. 4. The half dollars ever minted in American history are the Flowing Hair, the Draped Bust, Capped Bust, the Seated Liberty, Barber, Walking Liberty, Franklin and Kennedy. 5. The eagle reverse was in the first eleven years but then changed in 1976 for a bicentennial reverse because they used Independence Hall. Then in 1977 to now , they used the eagle reverse. 6. 1970 -D, 1987 - P and D were not put in circulation but were but in mint sets for those years. 7. The initials of Gilroy Roberts are on the Bust of John Fitzgerald Kennedy. 8. Before the Kennedy half dollar, there has been seven different half dollars, but some of them have different names for the different years they were minted. 9. The most recent half dollar before Kennedy was the Benjamin Franklin half dollar, designed by John Sinnock, who is also the designer of the Franklin Delano Roosevelt dime. The Liberty Bell reverse is modeled of a sketch by John Fredrick Lewis. Sources The sources used for this article are Google Search, Coins and Paper Money by Allen Berman, The Red Book 2006 by R.S Yeoman and Coin Collecting for dummies by Ron Guth.

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17 Aug 2021

The Steel Penny

Coins | user_27089

Many collectors start their collections by obtaining a steel penny. (It is also one of few vintage coins very widely collected).Steel pennies are steel because they were minted in the middle of World War 2, which in that time they needed the nickel from the Jefferson nickels and the copper of which the pennies were made out of. They were minted in Philadelphia,(Pennsylvania) San Francisco (California) and Denver(Colorado). The steel pennies have many names, such as steel war penny and steelie. At coin stores, they are usually priced from 10 to 50 cents. The coins are about 99 percent steel with a small amount of zinc, which is also in our present pennies. ERRORS There are also some error steel pennies that were made in 1944 which are very rare and very expensive. The average price for a 1944 steel penny is in the range of 75,000 dollars to 110,000 but prices will vary depending on the condition and the vendor.Not only has there been errors for the 1944 penny but also for the 1943 penny. Some have a mark S (San Francisco) but also a D (Denver)! Another error coin that is a 1943 copper penny is on that was minted with the obverse of a Lincoln cent but also a 1943 Cuban penny which both images could be seen and sold for $38,187.50 in November 2013.The last error I will mention is a 1943 steel penny that has a die crack next to the left ear of wheat. It was found in a collectors Wheat Penny roll which did not list the price but pretty cool and scarce. These are also, like any error coin they are very rare and expensive. There has never been a official record marking any creation of copper 1943 penny which was accidentally placed on a copper planchet. FUN FACTS 1. More than 1 billion 1943 steel pennies meaning that they are not rare. 2. A steel penny weighs 2.70 grams, .51 less than a copper penny. 3. Steel pennies will stick to a magnet. If not then it is a possible error Wheat Penny. 4.Not only are 1943 copper cents rare, so are tin 1943 cents! Either it was an error or was intentionally struck in late 1942. 5. Bob R. Simpson , Co-chairman of the Texas Rangers baseball team, paid 1 million dollars for the most fine 1943 s Wheat Penny in known circulation , which was struck on a copper planchet in 1943. 6.The diameter of the Wheat Penny is 19.05 millimeters and the thickness 1.55 millimeters. The edge is plain and the designer is Victor D. Brenner whose design lasted from 1909 to 1958 and the reverse is Wheat heads in memoria and the observe is Abraham Lincoln.

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