Coins July 2019

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
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12 Numeri

In questo numero

5 minuti
“note”worthy find

I’m twelve, and new to collecting. A little while ago, I was searching through various penny rolls for older coins, key dates for my collection, etc. Obviously I had gotten these rolls from the bank I use, so I wasn’t expecting anything over the top. Usually when I look through penny rolls, I’ll occasionally find a wheat cent or a steel cent. This time, I was lucky enough to actually find a 2000-S proof cent in PF65 condition. This, I would say, is my best penny find. Nate Sun Houston, Texas The 2019 cents are finally beginning to enter circulation here in Southeast Florida. Over the last couple of days, I received a number of them in change at a Bob Evans restaurant and a Publix supermarket, both located in Port Saint Lucie,…

5 minuti
spring cleaning your coin collection, part 4

At the end of my last column, I introduced an issue that could be summarized in the following question: If I purchase only coins certified by the major certification services, why would I need to learn how to grade coins for myself? If the grades assigned by the services are both valid (what they’re supposed to be) and reliable (the same coins receive the same grades time after time), why can’t I just depend on the certification services to get it right? For one thing, there are many coins that will never be sent to a certification service. Given how much it costs to have a coin certified, it’s not cost effective to certify anything worth less than $100 or so. If you’re relatively new to collecting, the under $100 figure…

9 minuti
having fun with a cc morgan dollar registry set

IF YOU ranked the late 19th/early 20th century coin series in terms of the number of collectors who save them, which one do you think would rise to the top? Would it be wheat-back Lincoln cents? Indian cents? Buffalo nickels? One of the Barber series? According to Adam Crum’s Foreword to David Bowers’ A Guide Book of Morgan Silver Dollars, it’s the Morgan dollar. Of course, you only have to read the title of Bowers’ book to know the series Crum is going to pick. Likewise, the publisher of the book, Dennis Tucker, notes in his Preface, “Whenever the coins of the United States are ranked for popularity, the famous Morgan silver dollar rises to the top of the list.” The Morgan dollar was first issued in 1878, five years following the…

12 minuti
the carson city mint and the morgan dollar

BEGINNING IN the 1960s and continuing through the present day, the Morgan dollars of 1878–1921 have been one of the most strongly collected areas of American numismatics. The large number of dates, mintmarks, and varieties is sufficient to keep even the most dedicated numismatist busy for many years. And those of the Carson City Mint are perhaps the most interesting because of their association with this fabled Western institution. Beyond the actual coins themselves, the history of the Morgan silver dollar is fascinating. It was created in early 1878 as the result of a fall in the value of silver over the preceding few years. From about $1.30 per ounce in 1873, by late 1877 silver had dropped under $1.20. Considering that the wages of miners had slowly risen over the…

8 minuti
the best of silver dollars

SE R I O U S collectors of United States coins may focus exclusively on one specific series, or perhaps a few choice series and denominations, but it’s fair to say that even the person who is not a major league fan of silver dollars still knows a good deal about these big, silver pieces. Indeed, some choice selections among these favored coins cross the auction block each year with major price tags attached to them, making us collectors of limited means wonder just what our chances are of putting together a truly good-looking set of silver dollars. Well, let’s do something of a waltz through the annals of our U.S. silver dollar history and see just what might be available to the collector who is shrewd with their money,…

4 minuti
musings on a guide book of lincoln cents

In the United States today the Lincoln cent is the most popular “classic” collector coin. Uniquely, it holds that position while also being one of the most popular modern coins. To call the Lincoln cent a classic American coin is to group it with Buffalo nickels, Mercury dimes, Standing Liberty quarters, Liberty Walking half dollars, and Saint-Gaudens double eagles—all well-loved series that were born in the “Renaissance” era of U.S. coinage at the beginning of the 1900s. Many active hobbyists collect Lincoln cents. So do people who don’t consider themselves numismatists, but simply enjoy saving interesting coins. Among other currently circulating coinage only Washington quarters—specifically, the 1999 to 2008 State quarters—have matched their broad popularity. Since I started working at Whitman Publishing in 2004, Lincoln cents have never been far from the front…