Numismatics

  The U.S. Treasury Department has officially announced plans to cease production of the penny starting in early 2026, marking the end of over two centuries of minting the one-cent coin. This decision follows a directive from President Donald Trump in February 2025, aimed at reducing government spending by eliminating the costly production of pennies.   Why Is the Penny Being Phased Out? Producing a single penny costs approximately 3.69 cents, nearly four times its face value. In 2024 alone, the U.S. Mint spent over $85 million to produce 3 billion pennies, resulting in a significant financial loss. By halting penny production, the Treasury anticipates saving about $56 million annually.   The penny's diminished purchasing power and limited use in daily transactions have also contributed to the decision. With the rise of digital payments and a general decline in cash usage, many pennies end up unused or discarded, leading to a continuous demand for new coins. ...

My title Page contents Here are brief histories of each of the listed coins: Here is a link for a red book for values     click here 1. **1794 Flowing Hair Dollar**: The first silver dollar minted in the U.S. It features a flowing hair design of Liberty on the obverse and an eagle on the reverse.  2. **1804 Draped Bust Dollar**: Known as the "King of American Coins," these were struck in the 1830s as diplomatic gifts, despite the 1804 date. 3. **1913 Liberty Head Nickel**: Only five known examples exist. This coin was secretly struck at the Philadelphia Mint and became famous for its rarity and mystery. 4. **1933 Saint-Gaudens Double Eagle**: Most were melted down due to the Gold Reserve Act. Only a few escaped and are highly valuable. 5. **1943 Copper Penny**: Struck in copper instead of the wartime steel, these pennies are rare due to their accidental minting. 6. **1796 Draped Bust Quarter**: One of the earliest quarters produced, it ...

Click here to buy silver   Coin collecting offers numerous benefits beyond just the joy of owning and studying coins. Here are seven benefits of coin collecting: 1. **Historical Insight**: Coins are miniature works of art that often reflect the history, culture, and politics of the time and place in which they were minted. Collecting coins allows you to gain insight into different periods and civilizations, providing a tangible connection to the past. 2. **Educational Value**: Coin collecting is an educational hobby that encourages learning about geography, history, economics, and art. Researching coins and their background enhances your knowledge and appreciation of diverse subjects. 3. **Investment Potential**: While not all coins are valuable, some can appreciate significantly over time, making coin collecting potentially lucrative. Investing in rare or precious metal coins can diversify your investment portfolio and serve as a hedge against inflation. 4. **Therapeutic Relaxatio...

Click here to buy silver Coin collecting is a fascinating hobby that combines history, art, and sometimes even investment potential. Here are eight things you need to know about coin collecting: 1. **History**: Coin collecting, also known as numismatics, has a rich history dating back thousands of years. People have collected coins for various reasons, including their historical significance, artistic beauty, and rarity. 2. **Types of Collectors**: There are different types of coin collectors. Some collect coins based on a specific time period, country, or theme, while others focus on acquiring rare or valuable coins. 3. **Grading**: Coin grading is essential in determining a coin's condition and value. Coins are graded on a scale from Poor (P) to Mint State (MS) or Proof (PR) for uncirculated coins. The condition of a coin significantly affects its worth. 4. **Coin Values**: A coin's value depends on factors such as rarity, condition, demand, and historical significance. Coins...

Click here to buy silver Post mint damage (PMD) refers to any damage that occurs to a coin after it has left the mint and entered circulation or been handled improperly.  This can include scratches, dents, bends, corrosion, chemical reactions, or any other alteration to the coin's surface that was not part of the original minting process.  PMD can significantly reduce the value of a coin to collectors, as they generally prefer coins in their original, undamaged condition. In contrast, coins with PMD are often considered less desirable for collections or investment purposes.

 Has you known there has been a gold and silver price drop due to price manuiption. Make sure to have your different asset class in these times. That include gold/silver stocks and bonds.  Never get caught with all your eggs in one basket.  I get   paying stocks to fund my gold and silver purchases. So, in a way I don't have to keep working for the gold and silver. Also invest in a nice safe for your metals. Dont tell people what you have unless you want to get robbed. 

  Firstly I would say thank you for viewing this blog,  For common wheat cents mostly 1940-1958 are worth roughly 6-10 cents according to eBay. That is g4 condition, For the 1909-s vdb in average condition is 700 usd roughly give or take, 1909-s which was minted after the 1909 s vdb  is worth 115 dollars in average condition. 1914-d wheat cent in av condition is worth 200 dollars in average condition. 1922 NO D is worth 600 usd 1931s is worth 95 usd

The Morgan silver dollar was minted from 1878 to 1904, then again in 1921. Here are some key dates and mint marks: 1. 1878-CC: Carson City Mint 2. 1879-CC: Carson City Mint 3. 1880-CC: Carson City Mint 4. 1881-CC: Carson City Mint 5. 1882-CC: Carson City Mint 6. 1883-CC: Carson City Mint 7. 1884-CC: Carson City Mint 8. 1885-CC: Carson City Mint 9. 1889-CC: Carson City Mint 10. 1892-S: San Francisco Mint 11. 1893-S: San Francisco Mint 12. 1893-CC: Carson City Mint 13. 1893-O: New Orleans Mint 14. 1895: Philadelphia Mint (Note: 1895 Morgans are rare, as most were melted down. There are only proofs, and they are extremely valuable.) 15. 1895-S: San Francisco Mint 16. 1895-O: New Orleans Mint 17. 1896-S: San Francisco Mint 18. 1903-O: New Orleans Mint These are just some notable dates and mint marks, and there are certainly others. The mint mark is usually located on the reverse (back) of the coin, just above the letters "DO" in "DOLLAR."

    The Perth Mint is one of the world's oldest and most prestigious mints, with a rich history dating back to the late 19th century. Here's an overview of its history: **1. Founding (1899):** The Perth Mint was established in 1899 as a branch of the Royal Mint in London to refine gold from Western Australia's newly discovered goldfields, particularly in Coolgardie and Kalgoorlie. Its primary purpose was to address the need for a local facility to refine and process gold mined in the region. **2. Gold Rush Era:** During the late 19th and early 20th centuries, Western Australia experienced a significant gold rush, attracting thousands of prospectors and miners in search of fortune. The Perth Mint played a crucial role in processing the vast amounts of gold mined during this period, refining it into high-quality bullion bars and coins. **3. Sovereign Production:** In addition to refining gold, the Perth Mint also produced sovereign coins for the British Empire, including gold...

 Investing in gold and silver are both popular options for those looking to diversify their investment portfolios and hedge against economic uncertainty. Here are some key points to consider for each: **Gold Investing:** 1. **Historical Store of Value:** Gold has been used as a store of value for thousands of years, making it a popular choice for investors seeking stability during economic downturns. 2. **Liquidity:** Gold is highly liquid, meaning it can be easily bought, sold, and traded worldwide. It has a well-established market with numerous avenues for investment, including physical gold, gold ETFs (exchange-traded funds), and gold mining stocks. 3. **Safe-Haven Asset:** During times of geopolitical tension or economic instability, gold often performs well as investors flock to safe-haven assets. 4. **Inflation Hedge:** Gold is often considered an effective hedge against inflation, as its value tends to increase during periods of high inflation. **Silver Investing:** 1. ...

 Hoarding copper cents can be seen as both crazy and smart, depending on one's perspective and motivation. On the "crazy" side, hoarding large quantities of pennies can take up significant space and require substantial effort to manage. Additionally, the potential financial gain from hoarding pennies might not be immediately apparent or guaranteed, as the value of copper fluctuates, and there could be legal restrictions or logistical challenges involved in selling large quantities of pennies for their metal content. On the "smart" side, some people view copper pennies as a hedge against inflation or as a long-term investment strategy. The logic is that the copper content of pennies (which were predominantly made of copper until 1982) could become more valuable over time, especially if the price of copper increases relative to the face value of the coins. Some collectors also value older pennies for their historical significance or numismatic value, which co...

  Roman coins can vary widely in value depending on factors such as rarity, condition, historical significance, and demand among collectors. Here's a list of some valuable Roman coins, though keep in mind that specific values can fluctuate over time and based on individual circumstances: 1. **Gold Aureus**: The Aureus was a gold coin used in Ancient Rome and was often minted to commemorate important events or rulers. Some Aurei can be extremely valuable, especially those featuring famous emperors like Julius Caesar or Augustus. 2. **Silver Denarius**: The Denarius was the standard silver coin of Ancient Rome, and many variations exist with different emperors, designs, and mint locations. Rare Denarii in good condition can fetch high prices among collectors. 3. **Bronze Sestertius**: The Sestertius was a large brass coin often used for major transactions. Some Sestertii, particularly those featuring notable emperors or rare designs, can be quite valuable. 4. **Roman Provincial...

  Silver and gold were chosen for coinage primarily due to their intrinsic qualities that make them suitable as currency: 1. **Durability**: Both silver and gold are highly durable metals that do not corrode or tarnish easily. This durability ensures that coins made from these metals can withstand circulation and remain in good condition over time. 2. **Divisibility**: Silver and gold can be easily divided into smaller units without losing their value. This divisibility is crucial for creating coins of varying denominations to facilitate trade and commerce. 3. **Scarcity**: Silver and gold are relatively scarce compared to other metals, making them valuable commodities. Their scarcity adds to their perceived value as currency. 4. **Uniformity**: Silver and gold can be easily shaped and minted into standardized coins of consistent weight and purity. This uniformity ensures that each coin carries a guaranteed value and is easily recognizable as genuine currency. 5. **Intrinsic V...

  PCGS (Professional Coin Grading Service) and NGC (Numismatic Guaranty Corporation) are two of the most reputable coin grading services in the world. Both have their strengths and are highly regarded by collectors and numismatists.  PCGS is often favored for its strict grading standards and consistency. It's known for its sleek, uniform holders and its authentication and grading process. PCGS has been around longer than NGC and has a large market presence. On the other hand, NGC is also highly respected for its accuracy and consistency in grading. It's known for its comprehensive guarantee and encapsulation techniques. NGC also offers a variety of special labels and designations that collectors appreciate. Ultimately, which one is "better" depends on individual preferences and needs. Some collectors may prefer PCGS for its reputation and market dominance, while others may prefer NGC for its guarantee and additional services. Both grading services are reputable and...

  Protecting numismatic coins, which are valued for their rarity, historical significance, or condition, requires careful attention to preservation and security. Here are some steps to protect your numismatic coins: 1. **Proper Storage**: Store your coins in a climate-controlled environment with stable temperature and humidity levels. Use coin holders, capsules, or folders designed specifically for numismatic coins to prevent damage from scratches, tarnishing, or environmental factors. 2. **Avoid Handling**: Minimize handling of your coins, especially if they are of high value or in pristine condition. Use cotton gloves when handling coins to prevent oils and dirt from your skin transferring onto the coin's surface. 3. **Insurance**: Consider insuring your collection against theft, loss, or damage. A specialized insurance policy for numismatic collectibles can provide financial protection in case of unforeseen events. 4. **Security**: If storing coins at home, invest in a quali...

  Investing in gold and stocks are two different approaches to building wealth, each with its own advantages and considerations. Here's a comparison between the two: Gold : Store of Value : Gold has been regarded as a store of value for centuries. It is seen as a hedge against inflation and currency devaluation. Safe Haven : During times of economic uncertainty or geopolitical instability, investors often flock to gold as a safe haven asset, driving up its price. Diversification : Gold can serve as a diversification tool in an investment portfolio, as its price movements often have a low correlation with stocks and other assets. Limited Income : Unlike stocks, gold does not generate income in the form of dividends or interest. Its value is primarily driven by supply and demand dynamics. Stocks : Potential for Growth : Stocks have historically offered higher long-term returns compared to gold. Investing in well-managed companies can lead to capital appreciation and dividends. Owne...

 Determining the single most valuable coin in the United States is subjective and can depend on various factors such as rarity, historical significance, condition, and current market demand. However, there are several contenders for this title, with each commanding astronomical prices when they come up for auction. Here are a few notable examples: 1. **1804 Draped Bust Dollar**: As mentioned earlier, the 1804 Draped Bust Dollar is often considered the "King of American Coins." Only a handful of genuine specimens exist, and they are highly sought after by collectors. In 1999, one specimen sold for over $4 million. 2. **1933 Saint-Gaudens Double Eagle**: While not officially released for circulation due to changes in currency laws, a few 1933 Double Eagles were illegally taken out of the Mint. In 2002, one specimen sold for over $7 million, making it one of the most valuable coins in the world. 3. **1913 Liberty Head Nickel**: Only five examples of the 1913 Liberty Head Nicke...

 The 1804 Draped Bust Dollar is one of the most famous and valuable coins in American numismatics. Despite being dated 1804, the coins were actually minted several years later, mainly for diplomatic gifts rather than for general circulation.  The story behind the 1804 Dollar is quite intriguing. The U.S. Mint Director, Robert Patterson, decided to create coin sets for diplomatic gifts to be given to various dignitaries, including rulers in Asia. These sets included a silver dollar, among other coins. However, no silver dollars had been minted since 1803, and there was no demand for them in domestic commerce. In 1834, to complete these sets, the Mint struck new examples of the Draped Bust Dollar, dated 1804. Only a few sets were made, and they were presented as diplomatic gifts. Consequently, only a handful of genuine 1804 Dollars exist today. The 1804 Draped Bust Dollar is often considered the "King of American Coins." It is highly sought after by collectors and investors a...

The United States has a rich numismatic history, and there are several valuable coins sought after by collectors. Here are some notable examples: 1. **1794 Flowing Hair Dollar**: The first silver dollar issued by the United States Mint, the 1794 Flowing Hair Dollar is highly sought after by collectors due to its historical significance and rarity. 2. **1804 Draped Bust Dollar**: Although dated 1804, these dollars were actually minted several years later and were intended for diplomatic gifts rather than circulation. They are among the most famous and valuable U.S. coins. 3. **1913 Liberty Head Nickel**: Only five examples of the 1913 Liberty Head Nickel are known to exist, making it one of the rarest and most valuable American coins. 4. **1933 Saint-Gaudens Double Eagle**: Although nearly a half million were minted, most were melted down before they could be released due to changes in currency laws. However, a small number were illegally taken out of the Mint, making them extremely...

British coins have a long and rich history, and there are many rare and valuable coins among them. Here are some notable ones: 1703 Queen Anne Vigo Five Guineas: Issued during the reign of Queen Anne, this coin is highly sought after due to its historical significance and limited mintage. 1933 British Penny: While not officially released for circulation due to the Great Depression, a few 1933 pennies were struck for ceremonial purposes, making them extremely rare and valuable. 1952 King George VI "Proof" Set: This set includes coins minted during the reign of King George VI, specifically the half crown, florin, shilling, sixpence, and threepence, all in proof condition. 1826 George IV Gold Sovereign: George IV sovereigns are relatively rare compared to other monarchs' sovereigns, and the 1826 issue is particularly prized among collectors. 2009 Kew Gardens 50p: Issued to commemorate the 250th anniversary of the Royal Botanic Gardens at Kew, this 50p coin has a low min...