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Prodigy Coins's Blog

13 Jul 2020

A Brief History of Small Cents

| Prodigy Coins

In 1856, the United States ditched large one cent pieces and replaced them with a significantly smaller version.

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07 Jul 2019

Update on melt value of silver coins JUL 2019

Coins | Prodigy Coins

These are the current melt values of U.S. Silver coins.99.93% silver-American Silver Eagle-$15.14

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04 Jul 2019

Why is there points?

| Prodigy Coins

I think the point system should be removed. If you followed everyone but yourself (there is currently 16,637 ANA members minus one for yourself so that would be 16,636 and you get five points for following someone so 16,636 X 5 is 83,180) you could get 83,180 points and that would put you to "rank 2" and that's without doing anything else. One could easily get to the single digit "ranks" from activity with the sole purpose of ranking up, and it messes up users when trying to see how active a user is. There could be a system that says if a member is "occasionally active" "regularly active" "active daily" or "dedicated" and that could be factored with only worthy blogs and such things.

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23 Jun 2019

American Silver Eagles

Coins-United States | Prodigy Coins

American Silver Eagles were first minted in 1986 as a result of the Liberty Coin Act introduced by Senator McClure. The Liberty Coin Act's goal was to shrink the national stockpile of silver by using it for collecting and investing of the public and everyday Americans. They are the official silver bullion coins of the United States, and they have a one dollar face value.

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11 Jun 2019

Collecting used mint sets

Collecting Tips | Prodigy Coins

When collecting older mint sets, it is easy to overestimate or underestimate the value of a particular set. Keep a guide book with you when buying or selling coins. (Also, make sure your book is up to date. You wouldn't walk into a coin shop with a 1984 Red Book and ask to buy a $100 coin for $17.) Small local coin shops are great places to buy the cheaper proof sets and such. Often you can score a $8-$10 set for $3-$6. Don't forget the rare sets. For example, make sure to examine all 1981 proof sets closely. A type one is worth $5, while a type two is worth over $270! Some dealers may forget to double check for such rarities, so you could really get some bang for your buck!

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