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CoinHunter's Blog

29 Jan 2021

The V-nickel

| CoinHunter

Hello! Today my blog post is going to be about the liberty nickel. The liberty nickel AKA the V-nickel first came out in 1883, it had a large V on the reverse for 5 cents. But they didn't think of adding cents, leading to many people being tricked out of their money by con men who deceitfully gold plated the new coins and passed them off as $5 gold pieces. They would purchase things with them that cost 5 cents, and sometimes they would get $4.95 in change, while other times (the ones they didn't want) they would not get any change and walk away with their purchase. Eventually the Mint heard about the mass amount of trickery because of the absence of the word cents and they decided to add it to the reverse of the coin which totally destroyed the fraud. Today the coins are highly collectible and are know as racketeer nickels. Thanks for reading my blog, and I hope you enjoyed it even though it ended up being mainly about racketeer nickels, which a lot of you probably already know about, nevertheless, I hope you enjoyed my version of the story and have a great day!

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25 Jan 2021

The REAL gold dollar

Coins | CoinHunter

Hi guys! Today my blog is going to be about gold dollars, so let's begin. The gold dollar, the smallest denomination regular issue US gold coin, first appeared in 1849, when the government introduced two new denominations, the dollar and double eagle, to exploit wast quantities of yellow metal coming to the East from the California Gold Rush. Gold dollars were minted continuously from 1849 through 1889, although mintages were largely restricted after the Civil War. Today most of the demand for gold dollars comes from type coin collectors, who desire one each of the three different design variations. Type I gold dollars, with Miss Liberty's portrait identical to that used on the $20 double eagle, were made from 1849 through 1854, while Type II dollars, with an Indian princess motif, were struck in 1854 and 1855, plus in 1856 at the San Francisco Mint only. Type III dollars, featuring a modified portrait of an Indian princess, were made from 1856 through 1889. In the early years, from 1849 through the Civil War, the gold dollar was a workhouse denomination. Those of the Type I design, 13 mm in diameter, were used often in everyday change, and most examples seen today show wear. In 1854 the diameter was enlarged slightly to 15 mm, to make the coin more convenient to handle. The Indian princess design, introduced that year, created problems, as it was not possible for the metal in the dies to flow into the deep recesses of Miss Liberty's portrait on the obverse and at the same time into the central date digits on the reverse, with the result that the majority of pieces seen today are weakly struck on the central two digits (85 in the date 1854, for example). To correct this, the Type II portrait, with Miss Liberty in shallower relief, was created in 1856. Among the three design types of gold dollars, by far the scarcest is the Type II. The total mintage of type II gold dollars amounted to fewer than 2 million pieces. Contrast that to the Type I gold dollar, for which over 4 million coins were struck at the Philadelphia Mint in 1853 alone! Similarly, the Type III gold dollar was minted in quantities far larger than the Type IIThanks for reading my blog, I hope you learned something, and have a great day! Source PCGS CoinFacts

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18 Jan 2021

Penny boxes #3 and #4 and overall wrap-up

Coins | CoinHunter

Hi guys! Today I am going to tell you what I found in boxes #3 and #4 and give you an overall wrap-up of the hunt. So, the finds for box #3 are as follows: 8 wheat pennies, 5 2009s, 4 S mints, and lastly 5 Canadians. For box #4 the finds are as follows: 7 wheats including one 1920, 6 2009s, 6 S Mints, and lastly 6 Canadians including one 1961 YoungHead. So now, time for the final results of the entire hunt for the four penny boxes: 34 wheats including a 1919, 1920, two 1936s, and a 1939-S (which I need for my folder!), 24 2009s, 18 S Mints, 18 Canadians including 2 YoungHeads, Bermudan 1 cent foreign coin (with the Wild boar on the reverse), one dime, and the best find of the hunt, a 1979-D with what appears to be a large rim cud. Thanks for reading, enjoy the pics, and have a great day!Your fellow collector, CoinHunter

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15 Jan 2021

Penny Box #1 and #2 Finds

Coins | CoinHunter

HI! I just wanted to let you guys know that I hunted the first of the four boxes of pennies on Wednesday earlier this week and I didn't make a blog about what I found because I didn't find anything very cool but nevertheless here are the finds: 13 wheats (including one 1936, but it is bent up and dug up), 10 2009s, 8 S mints, 4 Canadians (including 1 1964 Young Head), a 1964 that I am pretty sure is a proof, and lastly, 6 1969-D Floating Roof Errors (This was the first hunt that I looked for them) I also am going to list the the finds of the #2 box which I hunted yesterday: 6 wheats (including a 1919 in the very first roll, and a 1939-S which I need for my folder!), 3 2009s, 3 Canadians, 2 S Mints, 1 dime, two 1969-D Floating Roof Errors, and the best of Both boxes, a 1979-D Rim Cud Error, these two boxes are a good example of "Quality over quantity". Thanks for reading and I will let you know what I find in the last two boxes.

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12 Jan 2021

Box of Nickels

Coins | CoinHunter

I just finished hunting the box of nickels a little while ago, and here are the finds: 2 1943-P war nickels, a gold plated 2004, and the best find, a proof 1972-S. The first and second pics are the war nickels and the last pic is the proof, I will be hunting a penny box tomorrow, the next day, and the next day, and the next day lol, and I will make a blog what I find in each box. Thanks for reading, and see ya!

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12 Jan 2021

My First Half Dollar Box

Coins | CoinHunter

Hi guys! Yesterday I hunted my first half dollar box and got some great finds! First and for-most I found a 1952-D Benjamin Franklin! I also found a 1967 40%er, a gold-plated bicentennial, holed 1974, a 2018-D NIFC (The first year they renewed the cameo and it looks great!), a 2019-P (also with renewed cameo, but it has "The Ring of Death"), and some other NIFCs including: two 2002-Ds a 2003 2004 2009 2012. Now all I have to do is hunt the nickel box and FOUR penny boxes I ordered along with it, I am planning to hunt one every day this week and keeping you guys updated on any more awesome finds! I already have found almost as much silver as I did the entire year 2020! (mainly because of "Covid") Well, that wraps it up for now (pun intended), thanks for reading my blog and happy hunting!

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08 Jan 2021

The Whitman Guide to Coin Collecting Book Review

| CoinHunter

Today I am going to write a blog about The Whitman Guide to Coin Collecting-A Beginner's Guide to the World of Coins. This was the first book I bought and read when I started coin collecting back in 2017, it is a great read for beginner coin collectors. here is a lot of stuff that it covers: why to collect and have a hobby, why people collect coins, checking your pocket change, why we use coins, different kinds of coins, how coins are made, what to look for in a coin, mints and mint marks, varieties, types, and differences that affect value, coin clubs, trade shows, exhibits, dealers, books, museums, the best places to look for coins, what to buy, necessary tools and equipment, albums and holders, storage problems, how to grade coins, grading services, how to buy for the best value, pricing charts, investing in rare coins, prices for select coins most wanted by beginners (although very out of date in this issue), why commemorative coins are so popular, collecting Mint and Proof sets, how to spot a counterfeit coin, error coins, and coins from around the world. Over all I think it is a great read and would highly recommend it to a beginning coin collector, thanks for reading my review!

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06 Jan 2021

The Bust Half Dime

Coins | CoinHunter

Today my blog is going to be about half dimes, so here we go! The 1792 half disme was the first official coin produced by the United States, but it was not the first coin produced at the U.S. Mint (that distinction belongs to 1793 half cents and cents). Legend has it that George Washington provided the silver for the coinage of 1792 half dimes by donating his personal silver set, but this has been debunked in resent years. Another legend is that the portrait on the obverse is of Martha Washington, a belief that has never been approved or disclaimed. True or not, these legends add to the lore of this classic, early American coin.Some experts consider the 1792 half disme a pattern issue; others believe it to be a regular issue. In favor of regular issue status is the fact so many were made (1500+) and virtually all were placed into circulation. All other 1792 coins are true patterns, struck in extremely limited quantities. PCGS considers them regular issue coins. George Washington mentioned the 1792 half dimes in an address to Congress in November 1792, where he noted that some had already been made. "Disme" is a French word derived from the Latin word "decimal" (or tenth). "Disme" appeared only on the 1792 half disme and the 1792 disme patterns (copper and silver) but never on another U.S. coin, and the word "Dime" did not appear until 1837 on the Half Dimes and Dimes.Thanks for reading my blog and have a wonderful day! Source- PCGS CoinFacts

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05 Jan 2021

Trimes, or Three Cent Silver Pieces

Coins-United States | CoinHunter

Hi guys! Today my blog is going to be about Three Cent Silvers, so here we go.The United States Three Cent is an unusual denomination that first appeared in 1851, although, as with many other coin designs, pattern coins for the denomination were produced in 1849 and 1850. The original purpose of the Three Cents coins was to provide an intermediate denomination between the Cent and Half Dime, making it easier to change some of the odd foreign coins that were legal tender in America at that time. In 1851, postal rates were dropped from five to three cents. While three Large Cents could have been used to purchase a postage stamp, the bulky copper coins were expensive to produce. Thus, a coin of three cents value had two purposes, enough to get the denomination started in 1851.The first Three Cents were made of a low-grade silver. These tiny coins were known officially as "Trimes" and unofficially as "fish scales." They were the first circulating U.S. coin without a depiction of Miss Liberty in some form or another. In 1854, the percentage of silver in the coins was increased to 90%, to match that of the other silver coins in production at the time.Three sub-types exist of the silver Three Cents. Type 1, issued from 1851 to 1853, shows the obverse star with a single outline. After 1853, the weight of the Three Cents coin was reduced. To indicate this change, two extra outlines were added to the star, resulting in the Type 2 version that lasted until 1858. In 1859, one of the extra outlines was dropped, creating the third and final sub-type, the Type 3 version.Thanks for reading my blog! And see ya next time!Source-PCGS CoinFacts, and photo was courtesy of PCGS

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01 Jan 2021

The First Nickel, the Shield Nickel

Coins | CoinHunter

Todays blog is about the Shield Nickel.The act of May 16, 1866 authorized a new five cent coin made of 25% nickel and 75% copper. This created the unusual situation where two coins of the same value circulated at the same time (the other coin being the Half Dime). A massive quantity of nearly 15 million "Nickels" was produced in the first year, partly to promote the new coin and partly because of the availability of nickel and copper compared to the higher cost of silver for Half Dimes.the first versions of the new Nickel had rays on the reverse, between the stars surrounding the large 5 in the center of the coin. These extra elements caused the coinage dies to fail early because of the extra pressure needed to strike the nickel alloy and to force the metal into the recesses of the dies. To correct this problem, mint officials ordered the removal of the rays in mid-1867, creating two varieties: With Rays and No Rays, both of which you will need for a type set. Striking problems persisted, resulting in a series of coins noted for inconsistent strikes and lots of die cracks.Thanks for reading my blog and have a happy new year!-Source: PCGS CoinFactsPhoto courtesy of PCGS

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