Coins February 2020

Since its inception, in 1955, Coins magazine has been a hobby leader in providing collectors with important and timely information key to making wise decisions on what to collect and how to collect. With monthly contributions from leading hobby experts, it's your one-stop hobby source. Get market trends, buying techniques, and historical perspectives on all aspects of coins (numismatics). Each issue delivers in-depth analysis, up-to-the-minute valuations, answers to all of your coin questions and more!

United States
Active Interest Media
Read More
$7.66(Incl. tax)
$30.67(Incl. tax)
12 Issues

in this issue

3 min.
dreaming of coins

I started coin collecting in 1969 with the help of my sixth grade teacher, Mr. Thorn, in a small upstate N.Y. town. Back then, I was mostly looking through pocket change and, once in a while, bank rolls of pennies. Growing up on the east coast, “P” and “D’s” were easy to find but not “S” mint marks. I always dreamed you could go to a bank on the west coast and find only “S” mint marked coins. On a recent trip to California, I got that old bug again, went to the bank and bought $3 worth of pennies. There were lots of Ds, some older “S” coins from the 70’s, and five wheat backs: 1944s, 1945s, 1952d, 1955d and a 1957d. I felt like a kid again. Marvin Upstate N.Y. I’ve…

4 min.
review of beth deisher’s cash in your coins

Do you ever think about what will happen to your coin collection when you’re no longer around? If you’re in good health and are relatively young, then you probably don’t devote much time to this topic. However, if you’re older and/or have health problems, the issue may crop up frequently. If you have a family member with an interest in coins, then you’re home-free. On the other hand, if you’re like most of us, you’re surrounded by people who know little and could care less about numismatics. What should you do in this case? When should you do it? If you’ve lost interest in your collection, then I suggest that you convert the collection to cash. Trust me, your heirs will appreciate the money more than they would appreciate a coin collection/accumulation. In this…

6 min.
collecting seated liberty dollars

ARE YOU one of the many coin collectors who collects silver dollars? After all, silver dollars (at least the ones before 1936) are large, often considered beautiful, and minted in 90% silver. Also, they’re often challenging to collect because of select dates that are scarce and pricey. If you’ve reached the limits of what you wanted to do with Morgan and Peace dollars, you may be interested in an even greater challenge in U.S. dollars. You may be interested in pursuing dollars minted before 1878. In this article, I’m going to talk about collecting Seated Liberty dollars. Designed by Christian Gobrecht, the obverse of the Seated Liberty dollar is very similar to Gobrecht’s earlier dollars that are known as Gobrecht dollars, minted between 1836 and 1839. Instead of using his flying eagle…

11 min.
the san francisco mint

THE SAN Francisco Mint, which opened in the spring of 1854, has long fascinated numismatists as a creature of the famed California Gold Rush. It has served the nation well for more than 160 years. In January 1848, gold was discovered on the Sutter ranch in California, setting off the largest gold rush in the history of this country. By the tens of thousands men left their jobs in the East and went to El Dorado; some would find riches, most did not. One of the first problems to face the incoming horde of would-be miners was the lack of a circulating currency. There was a small supply of silver coins in daily use, mostly Mexican and U.S., but these were hardly enough to satisfy all of the newcomers. Within a few…

9 min.
how many dollars fit in a type set?

THERE’S NO doubt that we as a collecting community love our silver dollars. They are on the top of the wish list for many folks. They are slabbed by the third party grading services in amazingly large numbers. The finest-known examples of them generally are connected to sky high price tags. Yet amidst all this hype, there are probably still a lot of other dollar coins we can collect to make up impressive collections that qualify as type sets, which might be great additions to the classic silver dollars. So, just what dollar coins might go into such an assembly? Innovation Dollars The most recent of our nation’s dollar coin programs, the Innovation dollars, may become the next collectible for folks who are interested in all things from the U.S. Mint –…

5 min.
grading your coins

Careful consideration must be given to the condition of a coin before arriving at its value, since a minor difference in grading can mean a substantial difference in price. There are several factors to keep in mind when attributing varying grades of preservation. Determining the condition of a coin is both an exact science and a subjective judgment call. Complete agreement on the exact qualities that constitute a grade of condition does not always occur between two individuals. The following chart is a consensus based on the 10 most frequently encountered coins commanding premium values in circulated condition (illustrations not actual size). The descriptive grades can be applied to other issues. Qualities described are based on the standards developed and adopted by the American Numismatic Association. MS-65 (uncirculated)—MS stands for mint state,…