Archive for the ‘Coin Series’ Category

Collecting Presidential Dollars And Other Coins

Wednesday, February 12th, 2014

From 1999 to 2008, the State Quarters Program inspired many members of the public to become coin collectors, diligently putting aside one or more quarters with designs representing each of the fifty states. Drawing on a similar concept, the Presidential Dollars Program was launched in 2007. The series will feature all of the former Presidents of the United States, with new coins released at a rate of four per year in the order served.

These are meant to remember the history of the country and the executive office over the past 200 years.  Just like the quarters, each dollar coin will contain the face of every president.  This process began in 2007 and will continue through at least 2016.

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A big decision for the Presidential coins was the low success of older models.  Other dollar coins have enjoyed low levels of success.  They seemed to reach a smaller audience than the quarters and were used less frequently.  One major reason the continued presence of the paper $1 bill, which consumers have opted to use.

Even though these dollar coins may not be as widely used as the state quarters, they have attracted a similar collecting base. Many people have diligently put aside coins representing each Presidency. A popular method of collecting large quantities has been to put aside Presidential Dollar Rolls for each release of the series. The rolls typically contain 25 uncirculated examples of the coin in a wrapper or container. How many collectors will see the series through to its conclusion? And what collecting challenge will present itself next?

Looking for a New Collecting Challenge?

Friday, January 17th, 2014

Certain series within the history of United States coinage tend to be more popular with collectors. Typically, the larger sized coins such as silver dollars will have a significant following. There is something special about the heft and size of the coins which lends to greater satisfaction and appreciation when handling. Other popular series include the commemorative coins, which include a multitude of different designs. Rather than seeing the same design with a different date, each coin is distinct in purpose and history, lending to a rich collecting experience.

Due to the concept of supply and demand, these heavily collected series may have price points which are comparatively higher than other less collected series. In many cases, the less popular series may represent outright bargains.

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Rather than pursuing the same series as so many others, why not try a new collecting challenge? A great series to consider is the Barber Dime. This is among the smallest sized US coin series and has a design viewed by many as unappealing. The series is typically overshadowed by the following Mercury Dime series, which has a wide collector base.

The Barber Dimes were struck for a period of 25 years from 1892 to 1916. During this time, production would take place at four different mint facilities, leading to a total number of 74 different issues for a complete set. While mintages often stretch well into the millions, the number of surviving gem mint state specimens is surprisingly low.

While it can present a genuine challenge to assemble a collection in higher grades, the prices are relatively affordable. This is especially true when compared to the more popular series. Over time, the series may present rewards as more come to realize the challenge and appeal of this classic United States coin series.

The Value Of American Silver Eagles Explained

Tuesday, October 29th, 2013

1985 is the year in which American Silver Eagles were initially authorized by Congress. They were originally minted in 1986.  This is thought to be one of the highest quality silver currencies that has been minted in the US.

According to experts silver coins are certainly worth investing in.  US Silver Eagles have a one dollar face value in US currency.  For this reason, they are a cost-effective way for novice investors to get started in investing in precious metals.

Given the fact that the US government backs this currency it is quite sound as an investment.  This currency can be purchased by investors in proof, bullion and uncirculated versions.  Typically, only coin collectors will purchase versions that are uncirculated.  It is important to note that no mint marks are found on the buillion version.

People should take the time to consult with an investment adviser when before opting to invest in precious metals.  A financial consultant can explains the positive and negative aspects of investing in gold and silver with new investors.  At this time, investors can chose whether or not they will purchase paper or physical silver.

It is more difficult to buy physical silver than it is to make a paper investment.  This is due to the fact that investors will need to hunt down coins that are genuine.  Researching online sellers is the best way to accomplish this.  Once a seller has been found by investors, they will need to ensure his or her reputability.  Reading online ratings and reviews that have been posted by former buyers is how this is accomplished.  Learning the spot price of silver is another worthwhile activity for those who will be investing.  People who know this information are far less likely to overpay for the coins that they purchase.

Times of Change for the Quarter Eagle

Wednesday, August 14th, 2013

The quarter eagle represented the smallest gold denomination originally authorized under the Coinage Act of 1792. The denomination was first produced in 1796 with the distinctive Turban Head design. Fewer than 20,000 pieces were struck over the next ten years bearing this original design.

A new design featuring a version of Liberty with a capped bust appeared in 1808. After a small mintage of these pieces, there was a lengthy gap in production which would last until 1821. The same basic design was used, although some features were changed such as reducing the size of Liberty’s head on the obverse. Further change would come in 1829 when the standard diameter of the coins was reduced due to a change in technology at the early mint.

All told, there had been five different types or subtypes for the denomination across production of fewer than 100,000 pieces. These early years contain numerous rarities, some with original mintages of few than 1,000 pieces. While this area of collecting may be secluded to only deep pocketed individuals, the early changes within the denomination make for an interesting study.

Later series within the denomination experienced higher mintages as circulation of the coins became more commonplace. It is within the subsequent Classic Head and Liberty Head types that most collectors will find fertile ground for assembling a collection.