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Coins February 2021

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
12 Issues

in this issue

2 min
coin finds

My Vegas Coin Finds In the early 1970s, when I was 14 years old, my parents and my brother and I flew to Las Vegas. We went to a bank in Vegas on the last morning of our trip. My brother and I each bought ten rolls of cents. The concept was for us to search through the rolls of cents on the plane ride home to Florida. The amazing thing about those rolls of cents were that virtually all of the 20 rolls were wheat pennies with ten Indian Head cents! I got the best coin from a roll. It was a 1922 AG cent! We had a wide variety of dates from the 1930s, 1940s and 1950s. A gambler must have cashed in these rolls. In the early 1990s, after a…

5 min
help your heirs to dispose of your collection

Have you made plans for what will happen to your collection when you’re no longer using it? Notice I didn’t say when you’re deceased, although that’s what I’m talking about. We live most of our lives as though we’re immortal, unless we receive an unpleasant diagnosis early in life. I write from experience. As the local “coin person,” I’ve often been asked for advice about an inherited collection of coins, and I’ve helped many of the people dispose of the coins. This has usually been an interesting and enjoyable activity, and I’ve been happy to be of service to people in the area where I live. What I’ve learned while doing this is that heirs almost never have been given any guidance about what to do with the coins. Also, the heirs…

12 min
seated liberty dollars, 1840-1873

THERE IS CURRENTLY a strong collector market for Seated Liberty silver dollars, but this was not always true. Until the last few decades there was little interest in this series except as type coins. This has now changed as prices keep pace with the increased interest. Prior to 1840, when coinage of the Seated Liberty dollars began, the last full-scale production of this denomination had been in 1804. At that time striking had been stopped by Mint Director Elias Boudinot because too many of these dollars were going to China, in payment for luxury goods, and never coming back. Dr. Robert M. Patterson, who became mint director in July 1835, felt that the silver dollar ought to be struck once more by the Philadelphia Mint. His reasoning was rather straightforward and was…

8 min
seven lucky favorites

EVERYBODY HAS a lucky number, and seven seems to be one of the most common, perhaps because of all its gambling associations. When it comes to great coins, there surely have to be more than seven. But let’s look at seven favorites – seven pieces of big silver – and see just what possibilities are there, and where our collecting whims might take us. 1. A Mint State Morgan Dollar Among collectors, Morgan dollars have had a prominent place right in the center of the brightest of spotlights for decades. Collectors love them. Investors eye them. Even the person without a bucket of money to spend on high grade coins can still get their hands on them. Issued from 1878 to 1904, and then again in one heroic splurge in 1921, the…

4 min
a message from united states mint director david j. ryder

Dear Mint Customers, I want to take this opportunity to speak to you about the Mint’s approach to our numismatic program. First off, the United States Mint is unique in that we are an agency of the Federal Government, and also a retail sales organization. The goal of our numismatic program is to serve the American people by producing coins and medals that tell America’s story, are desirable to our customers, and generate net earnings. Net earnings not required for Mint operations are transferred to the United States Treasury general fund and ultimately benefit you, the taxpayer. During my tenure as Mint Director, I have challenged my staff to come up with new and creative products to energize, excite, and expand the collector community. My team has met this objective on many occasions,…

4 min
simpson quarter nets $630,000

Appearing at auction for just the second time in 113 years, a coveted 1807 Draped Bust quarter, the finest-known example of the type, ex: Stickney-Clapp-Eliasberg, brought a record-breaking $630,000 from the Bob R. Simpson Collection at Heritage Auctions’ U.S. Coins Auction Nov. 19-22 in Dallas, Texas. The sale brought a cumulative $14,513,117, with highlights from the Simpson collection claiming all top lot honors. “I feel very rewarded and humbled to see so many auction records,” Simpson said at the conclusion of the auction. “I remain grateful to Heritage for its effective marketing efforts and to the collecting community for responding with so much demand for these special coins.” Prices from Part I and Part II of Selections from Bob R. Simpson’s collection have so far realized $23 million at Heritage, with Part…