Login

Big Nub Numismatics's Blog

28 Jun 2018

Coin Hunting

Coins | Big Nub Numismatics

Last week, I had a very good time. My grandfather had saved every cent he had ever received since 1998, and kept them stored in jars.He gave them to me to look through, andI spent about ten total hours going through the 50,000+ cents taking out oddities, and filling holes in my collection. Among these 50,000 memorial cents were about 800 shield cents, and about 20 wheaties. The rarest coin I found was probably the 1933 wheat cent. I did not have this coin before looking through the jars, and I was ecstatic upon finding it. Most coinage during and after the Great depression had surprisingly very low mintages. In 1929, a total of 277,140,000 cents were made. In 1930 just a bit less than 1929, but in 1931,1932, and 1933, combined, there was only 64,864,000, less than 25% of 1929. This reduced minting of wheat cents caused these issues to be hoarded, and now very hard to find, and thus expensive. The one I found was only the second I've ever seen with my own eyes. I'm very glad my grandfather did not spend it. Have you guys ever found something like this?

READ MORE
22 Jun 2018

The Very "Clashy" Flying Eagle Cents

Coins | Big Nub Numismatics

Many people love Flying Eagle cents. The first of the small cents, and minted right before the civil war in midst of political uproar. Following the coinage legislation of 1857, Spanish coins and large cents were to be melted, and exchanged for the new Flying Eagle small cent. A wonderful design from James B. Longacre. The large cents with the rise of copper prices could barely make a profit. This, and the longing for U.S. currency to be the only currency used in America was the breaking point. This act was a turning point in America's financial independence. The flying eagle is quite interesting, with its 1856 proofs, undated examples, and strong strikes. Most interestingly though were the die clashes.In 1857, the new Flying Eagle cent had some problems bumping into other coins. Three different varieties of a clash with this new cent have been recorded, one with a seated liberty quarter, one with a seated liberty half-dollar, and one with a double eagle. I have only personally seen one of these, and it blew my mind how something like this could have happened. I think this is second in curiosity only to "mule" coins.The die clash with the quarter is very prominent along the reverse, and is known as FS-01-1857-901, or snow-8 1857. Coins with these die closes are prized, as only 81-106 are known to exist. This variety graded as MS-63BN can be worth $2,750. The 1857, obverse 50 cent clash is the most available, having a rarity of URS-11, of these die clashes, with an estimated 258-512 being made. Not exceedingly rare, compared with others, but is immensely hard to find. Most examples are almost exactly centered within the half-dollar, making it look like this "mistake" was intentional. The rarest, and most worn, are the 1857, obverse $20 clash. Having a rarity of URS-7, these are hard to find. These gold double-eagles have their busts interrupted by the mirrored flying-eagle design. About 50-75 of these exist. None are known to be above mint state, but one, if found, it could fetch over $15,000. These examples cannot be missed, every one of these are clearly punched by the flying eagle, and the one cent. Most of the partnered cents that show the die clash are not very clear. Only seen in the fields of the design is the information. You can easily miss the shallow seated liberty, and double-eagle design, they look somewhat like a break in the die. The way each example is oriented makes me think that this was not a mistake. The designs are almost perfectly placed together, making even more odd. Whoever was in charge of these did not do a good job, but I thank for this. Without this "mistake" these would never have been able to exist.

READ MORE
We use cookies to provide users the best experience on our website. If you continue without changing your cookie settings, we'll assume that you agree to receive all cookies on money.org. You may disable cookies at any time using your internet browser configuration. By continuing to use this website, you agree to our privacy policy and terms of use. To learn more about how we use cookies and to review our privacy policy, click here.