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30 Sep 2021

FREAK SHOW 1968 – XIV

Coins | Haney

With October practically here I give you my FREAK without a face.

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30 Sep 2021

My Research Confirmed in Frank Gasparro's Biography

| DrDarryl

Back story: In 2013, I began researching the President Eisenhower Appreciation Medals . My primary research source were records held by the National Archives and Records Administration (NARA). My findings included mintage, designers, purpose, destruction inventory, and cataloging the series for the first time. In 2015, I update my numismatic research findings with additional Eisenhower findings and added the Kennedy Appreciation medals to this previously undocumented US Mint medal series.I've been sitting on some of my numismatic research finds relating to the Presidents Eisenhower and Kennedy Appreciation Medals. I've attached images of Frank Gasparro's biography that was submitted as a congressional record during his 1965 confirmation as Chief Sculptor and Engraver of the US Mint.

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28 Sep 2021

Numismatics is all around us if we look

| user_5902

While driving down a rural road in West Virginia, route 612 west, I passed the long closed New River Company Oakwood Store. I wonder what stories this abandoned building could tell us about the coal mining scrip that was used there? A shortcut to the interstate turned out to be the highlight of my day.

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27 Sep 2021

Book review on the guide to Lincoln cents

| Eriknation

Hello everyone its Eric here! Today I will be doing a review on the book Guide to Lincoln Cents by Q. David Bowers (3rd edition).

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27 Sep 2021

The Past and the Future

| Long Beard

Fifty years ago, the Bicentennial Commission began promoting the then upcoming 200th Anniversary of the United States. The subject of this weeks blog. Enjoy!

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26 Sep 2021

Deciding to grade a 2021 Reverse Proof Silver Eagle set

Coins-United States | user_64580

I was trying to decide if I should grade my 2021 Reverse Proof Silver Eagle set which is coming in the mail soon. Since I'm also learning statistics I decided to do some research. I looked up all the NGC and PCGS graded Reverse Proof Silver Eagles to see how often they get a PR70 instead of PR69 or below. I added up all the submissions and divided the number of PR 70 grades (see spreadsheet link below).I also assumed that an ungraded coin was worth about the same as a PR69, so the only grade that could be worth more than just selling the coins is a PR70. I then multiplied the percentage of PR70 with the additional value or a PR70 above a PR69 to get what is called the expected value of a submission. Basically this says that a 90% chance to win $1 is worth $0.90 while a 1% chance to win $100 is worth more ($1).The results are that PCGS has a 54.35% chance of grading PR70 and NGC has a 59.13% chance. Looking at sold recently (pre-sales of PR70 sets) vs the sales of raw sets on Ebay, PCGS PR70 adds about $350 while NGC adds about $300.This means that the expected value for PCGS is $190.36 and NGC is $177.40. Both are above the submission prices. So unless you get a set with obviously defects (you don't need to submit sealed packages), then you should submit your coins.Link to data used in this blog to determine expected value below.\/ \/ \/Data used to do find expected value of grading the 2021 ASE Reverse Proof.

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26 Sep 2021

Trimes

Coins-United States | thatcoinguy

The three cent piece (commonly referred to as a trime) was made from 1851-1889. The trime was made because the postal rate had just changed from five cents to three cents, and so this coin was an easy way to pay. The alloy was originally 75% silver, but in 1854, it was changed to 90% silver. The alloy was changed once more in 1865 to copper nickel, although circulation silver trimes were still minted until 1872. The change in alloy from silver to copper-nickel was to prevent the hoarding the trime and other silver coins went through during that time period.

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25 Sep 2021

Virginia Numismatic Association 63rd Annual Coin Show

Coin Shows | user_5902

The VNA coin show at the Fredericksburg Expo & Convention Center was packed Saturday morning. What a great show that missed last year due to Covid restraints. The show runs through Sunday. Thank you VNA and all your dealers and volunteers.

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25 Sep 2021

Franklin Half dollars

| Eriknation

Hi, it’s Eric! Today I will be talking about Franklin Half dollars. Oh yeah. I forgot to tell everyone that one of my classmates got the virus. But thankfully I have no symptoms and got a negative Covid test. That’s very good because now I can go back to school. I had to quarantine for 3 days.

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