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Thursday January 9, 2014
Being a coin collector can be like sitting down to a buffet; there are so many choices, how can one know where to start? You might start with a serving of sautéed buffalo nickel or baked wheat cent. Maybe you’ll venture into a side of silver dollars. Then you might help yourself to some vegetarian wreath cent salad. Or you can indulge in an early American copper soufflé with some prime gold coin sauce. If you take it all in at once, however, you may get a stomachache! No diner wants that, and the starting collector can be just as daunted upon entering his first coin show, like a true kid in a candy store. So what is the secret to developing successful, rewarding collecting habits? In short, specializing.
Tuesday January 7, 2014
In 1816, designer Robert Scot designed a large cent for the U.S. Mint. The coin was comprised of 100 percent copper and had a plain edge. The coin weighed 10.89 grams with a diameter of 28 to 29 millimeters. That’s almost as big as a half dollar at 30.6 millimeters and almost as heavy as one at 11.34 grams! The obverse of the coin had a portrait of Lady Liberty and on the reverse of the coin was a wreath with the inscription “One Cent” in the center.
Thursday December 26, 2013
We see that silver has been used even in the earliest times as exhibited in the Old Testament when, in Genesis 23:15 Ephron tells Abraham that he will sell the Cave of Machpelah, which is currently in the modern city of Hebron, Israel, to him for 400 silver shekels.
Thursday December 19, 2013
As it gets closer to the 2014 Olympics in Sochi, this article talks about some of the history of the Olympic Games as it relates to coins. That would include the coins issued by host nations honoring the event as well as the famous "Lucky Loonie" from the 2002 Olympic Games in Salt Lake City.
Tuesday December 10, 2013
In 1913 the buffalo nickel (Indian head nickel), designed by James Earle Fraser (student of Augustus Saint-Gaudens), was put into circulation. The design for the coin had an Indian's bust on the obverse, or heads side. It is believed to have been a portrait of three different Native Americans put together into one portrait. On the reverse, or tails side, there is a portrait of a buffalo, who is supposedly Black Diamond from the Central Park Zoo.