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Mike 's Blog

05 May 2022

Silver Shortage Not True

Coins | Mike

Hi ! We have herd all sorts of stories about a silver shortage. I have been investigating this for three months and now have the answer. I received my magazine Numismatic News. Was I shocked. There is no above ground silver shortage. But that's what every dealer on t.v. and elsewhere will tell you. The government years ago put four statues tying the hands of the mint. I believe the mint has told the 18 bulk sellers to say there is a silver shortage. With a glass and enlarging the article you will see the important four. One in particular. The Bill states that the mint can of buy silver a certain price over spot. Now we know about paper silver sold on Wall street.That has upped the spot almost 200%. The government will not lower this because the national debt is 30 trillion dollars. The other three are basically the same. No silver in any form. Planchets or bars. They will not even lower it. So what happens coins like the Morgan and Peace dollar have already been cancelled. The Purple Heart they have no idea when they will be shipped. Remember this was a pre-sale. Not cheep either. Almost 100.00 for one the other one I think I sells for 72.00. I see higher prices.Medals as you know are selling for 160.00. The choice of coins I believe will be limited.. There selling the Eagles made at different mints in sets of five from last year to this year. The end of last year. So as the heading says the government has tied the mints hands. I'm sorry you might not be able to read it but its there in black and white. I will try and get a better picture. They can't buy bar silver and make there own planchets. How long will this go on? No one knows. So the factors are the four statues ,Wall street driving up the spot. This leeds to more counterfeiting as you read in the last one. Please enlarge the picture. Use a magnifying glass but its there. Please try and read this. It affects us all! Remember Eagles were 49.00 went to 69.00 today 89.00. Were will it stop?

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02 May 2022

Counterfeiting

Coins | Mike

Hi everyone. This will be my last blog for about two weeks. Surgery on cataracts. But it's very important. Just look at the add below. This showed up on the net and magazines. Yes its on the rise at an alarming rate. Why no silver. That's what they say. The truth is the government passed four statutes tying the mints hand from buying silver. One the important one statues they shall not buy silver a certain price over spot. This was driven up by paper silver sold on wall street. The fact were 30 trillion in debt has a direct bearing on this. You can enlarge the article about the add. Enlarge it. That's why programs have been cancelled. The two Morgan's for this year gone. There will be more. Now this has gone up because of the mints hands being tied. They are not allowed to buy silver a certain price over spot. This has gone up because of paper silver sold on Wall street. They will not relax this statue because we are30 trillion in debt. So for one action there is a reaction. Counterfeiting. It has gone up at an enormous rate. You can read part of the article if you blow it up.

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25 Apr 2022

My Two Cents!!!

Coins | Mike

Hi everyone. Its been a while. So I chose my two cent piece. The first coin is a pattern coin enlarge it you can see the obverse and reverse. The second is the coin used. If you notice the reverse of both coins are the same! They decided to keep that. The two cent piece showed up in 1864 and had a short run till1873. Why? The coin looked good so good its looked for today. Then why? Well the nickel showed up and the people liked that better. Imagine the people stopped the use of the coin! It was designed by James Longacre. Basically known for the first American coin to say "In God We Trust". Collectors have not given up on this one coin. They still look for them today. It was made of 90% copper and 5% tin and zink. The diameter is 23 mm and weighs 96 grms. The 1864 had a small motto. The Large motto has been found in that year and the years after.

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30 Mar 2022

The St. Patrick Half Penny 1670

Tokens | Mike

Saint Patrick . The half penny. This is the first blog I'm writing about a coin I do not own yet!On the obverse it is written Florest Rex . This means may the King flourish. The reverse its written Quiteslay Plebs. That means may the people be at peace.it shows David playing the harp gazing at the Royal Crown of England wish was a gold color.

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21 Mar 2022

Why We Protect Our Notes And Coins

Coins | Mike

Hi everyone! Well why do we protect our currency and coinage? Because we dolls Ted them!. My mentor passed away last week. Taught me allot about coins. Good man and Marine he was 89. He said Mike you buy a coin be wise you like it. Its your responsibility to protect it from the element's. ...Below you will see old currency and even older tokens. Now one of the notes is all bent and wrinkled. Its value. Sentimental. It was from my mom in law when she passed. The same as the Franklin. Which is toned and in good shape. Its in a holder now. What I have seen on this site personally I would not collect or buy and on T.V. Why the history is gone the coin is beat up. Everything I learned 30 years ago thrown out the window. Why bother.? Why collect these. I don't have the answer. The Conder token below is from the 1700's one side was exposed to the element's the other side on felt. Look at the difference. I have 2000 year old Widow Mites in better shape. There in the Bible under Mark and Luke. In this day and age there is no reason not to protect the history or the value of the coin or currency. No !after were you get it. The 1931 S was found in change. I put it in a holder as soon as my wife brought it home. and sent it in. Don't you know a few weeks later another showed up. There in rolls in change and most in good shape. They will stay that way protected. ....The older notes I bought a while ago. The 1899 horse blanket its also a mule meaning they used a different plate on the reverse. And the 1917 note. Legal tender. I have others. But these have value. This depends on condition of the note. And who signed it. That's right it makes a big difference. They will stay that way for a long time. Paper quality also helps in the value. Look them up do a little reserch. I only touched on a very small reason on value. There are books and the web you will be shocked to learn star notes not worth much unless there a certain year and the signers on the notes. You will know which ones to collect. Just because its a star note does not mean it has value. It may have some but not much. It again depends on what you buy!

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05 Feb 2022

Gates of Coventry

Tokens | Mike

Hi!Hope everyone is doing well. Today I will write about about the Gates Of Coventry. Now I will not write the whole article that was published in the Clarion magazine published at the last P.A.N. show. I had no idea that I was published. A good friend suggested it and the editor and publisher said yes.. When I received the magazine in the mail I had no idea the cover was about my article!The beauty of the set they all grade between MS 63 to 66. Not bad for 223 years old!! Please look at the engraving of these. It must of taken months to make a die. You can see every brick and window. This was a man born with the talent.

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28 Jan 2022

WESTMINSTER ABBEY

Medals | Mike

Hi everyone. Well the snow is coming so I decided to write a blog on an item that I have not seen in a long time on this site. Medals The medal below I last wrote about four years ago. Only three people are still here. The contents will be different. The medal was made by a very famous medal maker . Jacques Weiner. He was the oldest of three brothers all excellent engravers. Now this was made in 1856. He had made thirty before this. He decided to do a series on fifty cathedrals in Europe. Things were going well. But when he came to the 41 medal he had lost his sight from all the detail he put into his work. I saw this on a Heritage Auction. No one was bidding. Then again most people don't collect medals and there were plenty to choose from. I saw the price and said I'm not winning this. I put a bid in and won!! Now he liked to write history on his medals. The bottom reads St. Peters church Founded about 612 rebuilt and erected an Abbey 958-1049. Now the left reads The present church constructed 1220-1285 restored end of the XV11 centurty. Now the right side reads Westminster Hall built 1397and the chapel of Henry V11 commenced 1503. Now that saved me allot of reserch. The name Hoydonk was the name of the person who researched Wieners medals. His full name was Emil Van Hoydonk.Now Jacques Weiner lived in Belgium. Born in 1815 died 1899. Now his two brothers did very well. His brother Charles became the assistant engraver at the Royal mint. His brother Leopold was appointed first engraver to the Belgium mint. A very talented family. There work commands good prices.

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21 Jan 2022

My Microscope

Coins | Mike

Hi!! Last year I bought a microscope. Nothing fancy as a matter of fact it was 35.00. So I bought it and no it didn't work. I tried everything. Christmas my wife bought me an I phone. I decide to try it and it worked. It seems my old phone was older than me. .What was I going to use it on. ? It hooks up with the house wifi. I had a Morgan dollar I got back with a MS 69. Why not. So I went over the reverse and found nothing. The obverse I started in the cheek there it was a small indentation. You can't see it with your eyes or loop. So I did what N.G.C.does I increased the magnification. There was my 69. Yes it takes pictures. ..No wires you can take it out of the holder. It downloads your pictures. So I'm looking to have fun with this. Enlarge the PICTURE so you can see the mark. I moved so its not sharp. I have found five cents so far with problems I told the author they make billions of these strikes. Your going to find many problems. They don't change the dies that often.

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19 Jan 2022

Looking For A Nice Little Set?

Coins | Mike

Hi! I know its been a long time for me both surgery and new technology set me back. I was looking at my pictures and came across a great little set. Fifteen coins. One coin from each mint and there from the war. No not nickels but dimes. Mercury dimes. You always wonder who thought of putting this set together?. I searched high and low. No name or company. ... This will be for me a short blog since I'm still recovering. I saw this set years ago. And the luster just made each coin shine. Its not worth a million dollars. But we collect what we like. I looked at each coin. The reverse some still have spreads bands. I had the nickel set and said these two will go nice together. And they do. No they don't cost allot but it is part of our history. Each coin from each year of the war will tell you another story. I checked eBay not to many. You will have to look for a nice set. For the younger group it is in your reach depending on the quality of the coins. They would add nicely to your collection. You save a while and you can have it. I saw prices from 80 to 100 dollar. That's not bad for coins that old in good condition. My set is old. Enlarge the picture please you will see what I'm talking about. The only good thing about being old is when we bought our coins they were not that expensive. These have held there price. Not only that there all silver and designed by one of the best. Do I have to tell you his name? I'm not. Look it up. Some.companies have beautiful sets . I think they would add something good to your collection. I have been collecting 30 years. I still like this set. You don't hear about it or see much of it. I'm glad I bought it when I did. I have enjoyed it all these years. I'm not collecting anymore. Thirty years is a good number. But its sets like this the little one that made it enjoyable. ... I'm still looking at Conder tokens. I don't think I will completely stop those. But there comes a time when all good things come to an end. Now I still get just to enjoy them. I still have many blogs I can write on coins. Only because I was lucky to buy early. So give the set a thought. I never tell anyone what to collect. But you have a home run with this set. A great designer a great design and a great coin and don't forget the history. . I hope you enjoyed this small blog . I have not seen on this site. . Take care. Be well be safe. Mike.

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16 Dec 2021

WREATHS ACROSS AMERICA

Coins | Mike

I hope you all have a wonderful Holiday. . Tomorrow is a special day . It's called Wreaths Across America. Veteran groups from all over the country will be laying one on every grave.. During the year people like my Wife collect money for this day.. They go to the cemetery were our Hero's are laid to rest. . Each cemetery is differant. The ones from the early wars are on a hill. Then as you come down the different wars that took place.. The families are very grateful and many attend. It's the time of year for family those we lost and those who survied. I don't watch the news but I caught a piece that said America is forgetting there vetrains. This is true. I wrote a blog on Pearl Harbour. A great Hero died shortly after on another ship. They made a coin of him shooting an anti aircraft gun and Japanese planes. He was a person of color. His name was Doris Miller. His shipmates named him Dori. He brought his Capitan to safety and others. . As I write this they are building a massive air craft carrier. And it will be named the U.S.S. Miller. The largest in our fleet! The reporter was right. We are forgetting them and there families. This gesture of just a simple wreath brings us remembrances. I try and write something every year. But it should be everyday.Kids who lost there father and or mother. You see civilians die sometimes. Don't forget them. Please. From our first war till our last. For some this will be a sad Christmas. They get together and go to the cemetery to say a few words and shed a few tears. They died for us. So we can live free. The ultimate sacrifice . ...I want to keep this short. I ask again remember those who kept us free. Who won our Independence. To do the things we take for granted. Say a short prayer. And remember the families who lost there love ones. They suffer everyday. Thanks for taking time to read this. And make that reported wrong. We don't forget those who have there lives. Be safe Be well. Mike.. ..P.S. That's my wife laying a wreaths.

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