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17 May 2022

The Gist of My Collection

Coins | user_79030

First things first. My collection isn't that amazing, but I love it. The history the coins have been through, the variety, and the coins in general. I just thought I'd share a quick description of my collection with you guys. First on my list, the coins. (Yes, I also collect banknotes.) I have a lot of coins, but, the crowned jewel is definitely my collection of wheat cents. I am only missing a few, and I have around 750 extras that are already in my book. Some coins I am missing are the 1909-S VDB, the early "S" mint mark coins, and some others. I also like to collect older coins no longer minted, such as buffalo nickels, franklin and walking liberty halves, walking liberty quarters, liberty coins, barber coins, and others. I absolutely love collecting silver coins. (I would collect gold but I can't afford it. :( ) Some of my silver coins include: Washington and walking liberty quarters, franklin and walking liberty halves, barber dimes, random commemoratives, and some others. Speaking of commemoratives, I have a couple of them. There isn't really all that much to talk about there though. Another type of coin I collect is world coins. I have an entire 5 pound bag full of them. I have some from modern times, but my oldest one is from the 1920's. I love the ones with multiple colors. Around 10% of them are canadian, but some of them are from really really far away. That's all for the coin portion! Next on my list, banknotes. (Told You ;) ) I like to collect world banknotes, too. I have an entire book and a half filled with them. My favorite is definitely the soccer commemorative from Russia. It is very cool. I also like to collect silver certificates. I have one from 1957, two from 1935, and one from 1934. (One of the 1935s is a star note.) I like to collect cool serial numbers as well. Since I don't come into contact with money very often, I don't have any of the good ones. (ie. ladders, repeaters, radars, etc.) I do have some mildly infuriating almost-binaries-but-actually-trinaries, and an almost perfect repeater. I also collect some forms of error. I have a one dollar bill that has extra print on it, and another that has one of the numbers on the serial number raised slightly. I also have one of every currently printed denomination just in case they stop being minted. Other than that, I mostly just have a bunch of miscellaneous $2 bills. And that wraps up the dollar bill portion. This is the end of my blog post. Thank you for taking the time to read this! Bye!

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04 May 2022

My 19th and 20th century type small denomination coin collection

| CC

This is my partial set that I am currently working on, and I am hoping to get a folder for it soon. I enjoy the obsolete coins, such as the 2 cent piece, three cent pieces, flying eagle cent, copper-nickel cents, and shield nickels below. The two cent piece was the first U.S. coin to say In God We Trust, for those of you who didn't know (if any). The 1913 type I Buffalo nickel was exciting to get, I got some dateless buffalo nickels from my local coin store, and soaked them in hydrogen peroxide and vinegar (It does the same as nic-a-date) and that's what I got! I've also done that with shield nickels. Thanks for reading!

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26 Apr 2022

Bank Dump Bin Score!!

Coins | CC

Hello coin collectors! this is my second post, and I wanted to give you this (hopefully) helpful coin collecting tip!I had watched a video about someone who had gone to the bank and asked them if he could go through their reject coins (coin that are damaged, oddly sized, magnetic, anything like that). He found a bunch of Ikes, and a silver eagle!! I thought to myself, why don't I try? So I went to the bank, and asked the lady if they had a "dump bin." She said that they didn't, but they have a big magnet in their coin counter to catch foreign coins. She let me look through those and keep whatever I wanted, because they throw it all away afterwards. So I did, and scored a lot of foreign coins! I haven't tried the other bank yet, but I want to soon. Ask your banks about their dump bins! Thanks for reading!!

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26 Apr 2022

Large Cents

Coins | CC

Hello, coin collectors! This is my first post, and I decided to make it on my large cent collection. I have a small large cent collection of just 5, but I'm hoping to get more soon. Sorry the picture is off-center:) In the top right corner is my 1852 braided hair large cent, on the bottom right is my 1840 braided hair large cent, on the top in the middle is my 1830 cornet head large cent, on the bottom left is my 1803 draped bust large cent, and on the top left is my 1797 draped bust large cent. My 1852 large cent is probably my favorite large cent, not for its value, but because of it's story. I was visiting my grandparents and asked them if i could go through their change jar, and they said I could. I found a lot of Mercury dimes, war nickels, and other things, but as i was reaching the end, I noticed a weird large brown coin. I pulled it out... my first large cent! My grandma said she found it on the side of the road and picked it up. They let me keep it for free! My 1840 large cent was basically free, too. I was coin roll hunting quarters, and I found a W quarter and wanted to trade it for something better, so I traded it for my large cent! My 1830 large cent has a hole in the middle of it, because someone had made it into a washer (washers used to cost 3 cents each, or you could make your own for one cent, so a lot of people did). It was at my local coin store and priced at only $1, but the guy gave it to me for free 😃 . My 1803 large cent I got in an ebay auction, 1/4 of it is clipped off. My 1797 large cent was free at a coin show, and it had no date, but I did some dating methods and it worked! Thanks for reading!

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03 Apr 2022

Book Review: The Red Book

Coins | Dragonfire

Today I will be writing a book review on the Red Book by R. S. Yeoman. I will be basing this review off of the 2022 75th edition. The Red Book is a price guide for U.S. coins. There are some pros and some cons to the Red Book. In this review, I will be listing the pros and the cons of the Red Book.

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30 Dec 2021

Future of buying and selling coins online

| user_55494

Hello everyone and good day! Today I am here because I created a new business venture. So many people including me have experienced a fraudulent coin transaction online, in addition to almost becoming a victim of one. This is why I am starting The Coin Marketplace. This platform will be a secure platform where a third party(me) mediates a secure and verified coin transaction. If you buy, sell, or trade coins or bullion, be sure to give a follow and check it out. My goal is to help out as many people as possible while providing a safe space within the industry where you don't have to worry about fraud and scams. If you have any questions, you can ask them here or dm me on Instagram. This is anything but a scam, and I hope you see that. I am currently working on the ANA Diploma Program, and am working on getting a corporation license in the state of Florida. Thank you for listening, and happy collecting!@thecoinmarketplace on Instagram :)

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25 Dec 2021

Scheepjesschelling and its place in history

Coins | mrbrklyn

In the course of Western Civilization, the relationship between people and coinage had slowly evolved. Both commerce and government had a stake in the valuation of coinage for both domestic and international trade, and in maintaining the standards for the composition of coins. By the 16th, 17th and 18th centuries, technology greatly complicated this relationship as purer and plentiful sources of precious and semi-precious metals become available. The point of the precious metal was to gain universal acceptance of the value of coins so that they can be traded as frictionless commodities in the economy.http://www.mrbrklyn.com/images/amsterdam_2015_jan/IMG_4369.JPGPrior to this, weight of metals were the center for the valuation of coins and scales existed on trading floors in retail markets to settle debts. As the states powers increasingly we able to guarantee and control the composition of coins, it allowed for trade to flourish. And this was essential for international trade and colonial endeavors. One had to be reasonably certain that a bag of coins in the hold of a vessel maintained there value without having to check every coin. Eventually, this would evolve into a monetary system where the value of coinage would be almost exclusively dependent on the guarantees of government, and the move away from gold and silver standards entirely. But this would take a few more centuries.http://www.mrbrklyn.com/images/amsterdam_2015_jan/IMG_4374.JPGAt the center of this monetization of coinage was the Dutch Republic. Regardless of any other political rivalries, the burgers of the United Providences were respected and trusted for their dedication to practicality and commercial regulation. They were far more trusted and proven than even the most powerful monarchs. They're coinage was subject to the commercial needs of their corporations and trading fleets first and last. And because of that, it was accepted and trusted globally. Gold and Silver Ducats, Florins, Guilders, and Stuivers circulated freely. This condition even continued as Dutch military power waned, and was eventually challenged by British and later US Dollars. Because of this history, it is always interesting to review the etymology of of coins from this period, that is the 15th-18th centuries. It reveals much history. For example, the word Stuiver, which loosely translated incorrectly into English as "Penny", has deep origins that coalesce about the 14th century. It represented a coin of the largest piece of silver, and the name seems to come from german origins, perhaps Stuber (a stub) which meant a truncated piece, at least according to the Meertens Instituut. (https://dubbeltje.meertens.knaw.nl/stuiver.html)I have particular interest in a 6 Stuiver coin from the Republic, known as a Scheepjesschelling because of its unusual design with a great sailing ship on the obverse. The States of Holland decided to restructure silver coinage in 1670 due to the perception that to many inferior shillings were in circulation. What is interesting is that the history of coin values at that time was such that the different coins where largely independent of each other, each having different historical origins, metal content and purity. Guilders, Florin, Ducats, and Stuivers were more than just different denominations of the same continuity of money. It is hard for us to grasp as today, the value of a dollar might trade up and down to a Euro or a shekel, but regardless of any inflation, the value of a dime would always be ten to the dollar. But in Europe, during the 17th and 18th centuries, this was not the case, and monetary manipulation by the independent providences in the Dutch Republic continued. Different measures by the Republic finally finally ended the petty devaluations and set up the Bank of Amsterdam as the first de facto modern central bank which ran Europe's reserve currency until the end of the Republic in the 1790's.While the guilder and ducats were stabilized, it took the introduction of the 6 Stuiver/Schelling to stabilize this denomination for world trade. They tapped the famed Daniel Drappentier, from the court of Willem, Prince of Orange-Nassau, and they leveraged the new machine coinage that was first introduced to the Dutch mint in 1670. The silver content was standardized at 583/1000 and the coin was largely distributed for East Indian trade. The coin was originally not even legal tender in the Republic. In fact, shillings were largely suppressed domestically in the Republic and the coinwas largely used by the VOC in eastern trade.Different providences minted this coin each with their own coat of arms on the reverse of the coin. The mintage type and years are as follows:Holland 1670-1778West Friesland 1673-1771Zeeland 1750-1793Utrecht 1700-1794Gelderland 1705-1734Friesland 1711Different providences minted different proverbs on the coins. Zeeland had the Latin phrase, ITA RELIGQUENDA UT ACCEPTA, which translates roughly to "thus relinquished whilst accepted", a rather odd motto. Others used the motto "VIGILATE DEO CONFIDENTES" which translated to roughly, "Viglantly Confiding in God", somewhat similar to our familiar, "In God We Trust". Other proverbs crop up in examples to include "CONCORDIA RES PARVAE CRESCVNT", "In Harmony Business, Small things grow?", and of course the famous Dutch proverb "DEVS FORTITVDO ET SPES NOSTRA.: which translates to God is our strength and our hope. http://www.mrbrklyn.com/images/amsterdam_2015_jan/IMG_4370.JPGLearning about these coins, one is lead right into the heart of the most fascinating periods of world history, both the ugly and the great. One needs to understand the importance of the Dutch system of capitalism and how it spread world wide through its banking and cooperate enterprises. The Dutch were the great urbanists and changed the shape of much of the world as they went along, from the establishment of New York in North America, Jakata, Taiwan, South Africa, to the construction and power of the VOC in opening Japan, China, and South East Asia for the spice trade and silks. The Dutch East Indian Company, the VOC, was likely the largest cooperation ever created. The Scheepjesschelling was an important part of this industrial and trading power that the Dutch created and imposed on an unsuspecting world. Along with its use as a vehicle for international trade, the coin is a powerful propaganda tool. The Dutch warship is clear in its message to foreign lands, European or elsewhere. The international status of the Dutch Republic and the VOC could not be better represented and the Dutch system was one of projected power through its Navy. And even while the Dutch Navy atrophied and the Dutch trading fleet grew, the propaganda still continued through this coin until the French invasion of the Republic in 1795. The final blow to the Dutch system came in the Fourth Anglo-Dutch War which was part of the international consequences of the American Revolution. Dutch support for the Colonies and recognition of the Continental Congress exposed the lack of Dutch investment in its Navy and Armies. Within a short time, the French had invaded and imposed its on imprint on the Dutch state, ending the need for this coins propaganda.I was lucky enough to pick up a prime example of this coin. Its providence is from Hong Kong and purchased though an auction at Stacks. This is the type of coin that might not have been available in this quality prior to the Intenet. Graded as a whopping MS66, this 1762 Zeeland example is 14 years older the US republic, and the coin is superb in every way. It's strike is nearly centered, remarkable itself for this time period, and all the details are available. This coin has been lovingly preserved for generation, and I am very proud to have the privilege of preserving it for future generations. In my view, this is a museum quality piece, not just a conditional rarity.I had been shopping for a good example of a Dutch coin from this period for many years. I consider this one a bargain at its price, especially when you compare it to other coins of considerably less historical value which have souring prices based on conditional hair splitting. http://www.mrbrklyn.com/images/israel_01_2016/IMG_6819.JPG

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25 Dec 2021

My collection

| user_94933

This is my collection. I been collecting since the end of October my first coin i ever received was a buffalo nickel form 1937. I hope you all have a Merry Christmas and I hope you all enjoy my coin collection!

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