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The subject of the week is far from the usual posted over my years as an ANA member. One which has literally been years in the making. So as always, Enjoy!
We collect coins for a wide variety of reasons. A safe assumption would be that, despite our varied reasoning, losing money on a purchase either in the short term or long is unthinkable. Yet we do so at times. This weeks blog examines the past to better protect ourselves from repeating history and at best limiting our inevitable losses. Enjoy!
The subject of the week arose be happenstance from that of last week on the Lincoln Cent. Had the circumstance which occurred that brought about Abraham Lincoln to be forever immortalized on a United States coin, would the one cent still be as highly collected? This lead to another question, which was pondered several times between 1792 and 1909, what if George Washington were placed upon the one cent? While the popularity factor would almost certainly exist, to what end? Reflecting on these questions and what ifs, I began comparing the similarities of these two great and revered former Presidents and the two denominations which they have found their way onto. The Washington Quarter. Enjoy!
What is this strange and long running fascination with the Lincoln Cent? Since it's highly anticipated release, through economic hardship, war and civil unrest, to countless changes in design and composition, the beloved Lincoln is both the longest continually struck circulating coin and the longest at number one for collectability. While there are countless books on the Lincoln, countless articles in publications over as many years and countless questions, comments or discussions on the various hobby sources, few if any ask much less look at why that is. The subject of this weeks blog examines the history, presents the facts and asks the question. Enjoy!