nachos10's Blog

12 Oct 2014

The story of how I got the two of my best coins!

| nachos10

Fast forwarding to the November of 2013, I had been staying in the US for 5 months and my involvement had further heightened as there were lots of coins shows around Southwest Texas (thats where I live). I had also been looking around the internet and had started to learn about the different types of US coins that existed. And then I set my eyes upon the Morgan Dollar. It was love at first sight. The sharp details, the mirror like field and the beautiful inscriptions all added up to one of the most perfect coins I had ever seen. But after looking at the price tag, I was horrified. There was NO way I could have afforded that. Nevertheless I made up my mind to save up for it and get one of those in a low grade. You may feel that $70-$100 is a pretty cheap price but to me, it was costly as had so many other things on my want list. Many months went on but I just could not shell out $30-$40. But when I went to India(again) to visit my relatives, I finally saved up enough money. So after that I hurried to the earliest coin show that was on my schedule (which was yesterday) and I bought a 1921-s Morgan for $28 Obverse:http://imgur.com/8EeXnlf Reverse: http://imgur.com/eKOvGAi . When I came home and gazed at it I was filled with a joy like none other that I had felt before. I stared at its exquisite make for almost five minutes until my mom came to my room and reminded me to complete the homework. And this, my fellow numismatists, is how I got the two of my best coins. THE END.

05 Sep 2014

Introducing: nachos10!

Coins | nachos10

Sorry guys! I wasn't able to post a blog this week cause I had a VERY busy time in school. Since I'm posting this I will also introduce myself.

01 Sep 2014

The Legendary 1913 Liberty Head Nickel

Coins-United States | nachos10

It was the year 1913. Every person was searching through their small piles of coins for a hyped up 5 cent coin that had been publicized all over the US. I'm talking about the 1913 Liberty V Nickel. It was said that only 5 examples got out of the Mint. Many theories were developed as to how these coins made it out in the public. Some say that the pieces were struck as test pieces while some say that someone accidentally minted 5 coins before the dies were destroyed to be replaced by the Buffalo Nickel. And also this was during the Great Depression, in which a collector named B. Max Behl of Texas offered a huge reward of 50$ (During those times 50$ was a enormous amount of money) to the person who found the nickel. This led to the nationwide hype of the coin. Most of the pieces were sold quietly to private collectors. Million of Americans could be seen stopped on the streets, checking their change for this rare piece of fortune. 

31 Aug 2014

Pros and Cons of the Penny Retirement

Coins-United States | nachos10

Should the US government stop producing pennies or should it continue making them? This remains an unresolved question to this date as there are people on both sides of the argument. There are notable points that both sides make. I will now list them and also describe them.

30 Aug 2014

The Exquisite Morgan Dollar

Coins-United States | nachos10

The Morgan Dollar was minted from 1878 to 1904 and lastly in 1921. This coin is composed mainly of 90% silver and 10% copper. The purpose of  producing this coin was to stabilize the silver prices which had crashed due to the Colorado silver strike. The designer of this coin, the famous George T Morgan, got his inspiration for the coin from Anna Willess Williams of Philadelphia as he used her as a model to create the beautiful image of Miss Liberty on the reverse of the coin. The obverse of the coin has the eagle clutching an olive branch and arrows which is alike to the eagle portrayed on the quarter dollar coins we use today. In conclusion, this coin is a magnificent and intricate piece of art which every avid coin collector should own

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