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Long Beard's Blog

26 Dec 2020

The True Power Behind Coinage

Coins-United States | Long Beard

In an earlier blog this year a discussion on the elimination of denominations that near or exceed their cost to manufacture versus that of face value, this week's blog looks beyond the alternatives at a coin which proved it a reality. Yet failed for reasons few know of. Enjoy!

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10 Dec 2020

The Collector's Collector.

Coins-United States | Long Beard

Lorin Gilbert Parmelee. When we as collectors think of those before us, the early collectors, his name becomes overlooked at times, replaced by the more prominent such as Brand, Eliasberg and EHR Green to name a few. However, when discussing important collections it becomes essential to learn of "The king of American coins" and the impact on collectors then as now. Moreso, his influence, not only to the wealthy astute collector, but common collector. Although the vast majority, myself included, may not possess a single specimen from his collection, to simply view one is mesmerizing to say the least. Enjoy!

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04 Dec 2020

The Erial Mint

Coins-United States | Long Beard

The mint in Erial, New Jersey (1939-54) is one of the least known and most mysterious for the striking of U.S. coins. The simple yet small nondescript structure located a short fifteen miles southeast of Camden housed a single large press. On nearby shelves were multiple sets of die pairs engraved to strike the nickel, dime, quarter and half dollar denominations. With difficulties arising in the striking of dimes, quarters and half dollars, perhaps a few dozen or so of each as trial pieces, this small mint still managed to churn out nearly half a million Jefferson nickels in it's short fifteen years of operation. Enjoy!

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27 Nov 2020

Opportunity Galore

Coins-United States | Long Beard

Benjamin Franklin. Inventor, scientist, author and statesman. One of the most influential founding fathers pivotal in securing freedom and independence. So what do we really know about the coin which bears his likeness? With 35 coins, 49 including proof versions, few other series composed of silver are obtainable on practically any budget for a complete mint state set while offering long term value. From origin to current trends, as well as undervalued specimens, the Franklin Half Dollar (1948-1963) is the subject of the week. Enjoy!

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20 Nov 2020

America Turns 200!

Coins-United States | Long Beard

To me, these coins--like all our coins--are symbols of our nation's 200 years of freedom. They are small pieces of our historical and cultural heritage--passing from hand-to-hand and linking us to the cherished ideals of our forefathers. LIBERTY was the cry of the American Revolution--and LIBERTY has been so proclaimed and inscribed on each and every coin since the creation of the U.S. Mint in 1792. -Mary Brooks, Director of the U.S. Mint, June 9, 1975. (From the Gerald R. Ford Library Collection) Enjoy!

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17 Nov 2020

Modern Commemoratives

Coins-United States | Long Beard

If you have been following me, I post a weekly blog on Friday or Saturday. However, this week's blog has been delayed due to a complete bathroom remodel over the past weekend. Such is life when owning a home and your better half needing a change. So I thought of doing a short one saving the original for the next post. Enjoy!

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30 Oct 2020

Beyond Lincoln

Coins-United States | Long Beard

The Lincoln Cent is the number one collected denomination by series. The number of reasons as to why are quite possibly equal to that of the entire wheat-back design. No matter what that may be from a personal perspective, with almost certainty it has lead towards other denominations and series. For the budget or financially taxed collector the choices narrow considerably. One series, complimenting the Lincoln to near perfection is the Indian Head Cent struck from 1859 through 1909. Enjoy!

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17 Oct 2020

Educational Tools

Coins-United States | Long Beard

Commemoratives and medals. Two distinct sub-categories within the coin collecting hobby which eventually find a home in our collections. Produced to celebrate or honor a place, person, object or event, the primary focus of them becomes historical in nature. Which is largely the reason we as collectors pursue them. In discussing this week's topic, a hot one lately to be certain, and in no manner voicing an opinion one way or another, commemoratives and medals are rapidly becoming the last physical connection to our past. While both are produced for private ownership rather than public exhibition like monuments and statues which serve the same intent, one may no longer assume them safe from assault by those intent on altering or eradicating history. Without them, our past is forgotten. One may only wonder of future commemoratives and medals and how they shall be perceived. Enjoy!

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10 Oct 2020

Underlying Potential

Coins-United States | Long Beard

Numismatics, or coin collecting if you prefer, is the the study and acquisition of coinage with an emphasis of enjoyment, more often a passion. Enjoyment in the beauty of design, the history behind it and/or the era in which it circulated. The seemingly endless quest to complete a certain series or grouping for self gratification through accomplishment. At some point along the way, a particular coin or set suddenly rises in value for a variety of reasons. Occasionally without possessing one before this happens and leaves us wishing we'd seen it coming. As a result we begin an attempt to predict that next golden opportunity to buy low sell high while quickly learning the difficulty of foresight. The subject of this week looks a four coins falling under this category which have already begun to show promise while their full potential has yet to occur. Enjoy!

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18 Sep 2020

The Fort Knox of Silver

Coins-United States | Long Beard

This weeks blog topic is the result of one written by Slybluenote, Charlie as those who follow know him. The United States Mint at West Point, New York. Enjoy!

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