January 6th, 2012 — Coin Collecting, Coin Value, Morgan Dollars, Silver Dollars, US Coins
There are few types of coins which vary in value more than the Morgan Dollar. The Morgan Dollars were created in 1878 and was minted until 1904. It was minted for one additional year in 1921. While there are other silver dollars which have been minted since, this is one of the best known for its wide varieties of value and the amount of errors which have surrounded the coin. The coin has a picture of lady liberty with part of her neck in profile on the obverse. The eagle is on the reverse.
When looking to buy these US dollars, it is common for people to want to purchase the ones which will be worth the most. This means looking for the Morgan Dollars which come from three specific years. This is due in part to the low mintage as well as the high number of controversy and the amount of mistakes which have occurred during the mintage years. The three most valuable years include the years of 1889, 1893 and 1895. In some years the mint is more valuable and in other years the proof is more valuable. It all depends on the amount minted and their value to the collector.
The 1889-CC Mintage:
The CC version of this coin was only able to produce 200,346 coins. This is a very low number when you consider that the majority of years included a mintage which stood more in the millions than in the hundreds of thousands. Finding one of these coins is extremely difficult to do as most of the collectors which have them are looking to hold on to them as long as possible. They know that the price of these Morgan Dollars is apt to go up significantly before they will be ready to sell.
The 1893-S Mintage:
There were only 100,000 of the 1893 Morgan Dollars which were minted. This is a number which is disputed as many will tell you that there were actually only 77,000 produced. No matter how many were actually minted, it appears that there are very few left available today. It is estimated that some of these coins which can be graded at MS 65 have a value at or above $600,000. There are other reports which value the coins at far less than that. This means you have some haggling in your future.
The 1895 Proof:
There were only 880 proofs which were made of these Morgan Dollars. To give you an idea of how much the proof is worth, the coin which was a part of a 12,000 set minted is worth $80,000. This means anyone who is holding on to one of these pieces has a small fortune waiting for them when they decide that they are ready to sell. The trick is making sure to find the right buyer and making sure to stick to your guns so that you can get the price that you deserve for having one of the rarest of all of the Morgan Dollars.
Photo Credits: FrictionShifter
Originally posted 2010-08-16 09:03:45. Republished by Blog Post Promoter
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December 14th, 2011 — Canadian Coins, Maple Leaf Canadian Coins
If you are looking for an intriguing coin collection, consider adding Maple Leaf Canadian coins to your collection. These Maple Leaf coins are the official Canadian bullion coins and they are created and distributed by the Royal Canadian Mint. They come in a number of different metal types including gold, silver, palladium and platinum. The Canadian Maple Leaf coin was originally designed by Walter Ott, and it has been minted for several decades since 1979. this coin is made out of .9999 fine gold, and it is only minted in Canada and it contains nearly no base metals. Its composition is 1/20 oz which is worth $1C, 1/10 oz which is worth $5C, ¼ oz which is worth $10C, ½ oz which is worth $20C and finally 1 oz which is worth $50C.
The coin’s obverse features Queen Elizabeth II, and then the reverse side of the coin has a picture of the Maple Leaf on it. There are two different obverse variations, one of which is the 39-year old version of Elizabeth II, and the other which is the 64-year old version of Elizabeth II.
The Silver Maple Leaf Canadian coins have been minted since the year 1988. This coin is made from an ounce of .9999 pure fine silver, and it is worth a total of $5C. The average mintage for this coin is 935,680 coins every year, and there have been a number of different variations of this particular coin including the Colored Maple Leaf, the Privy Mark Maple Leaf, the Hologram Maple Leaf, the Olympic Maple Leaf and many others. On this coin, the obverse features one of three different images of Queen Elizabeth the II, one of which is at age 39, one of which is at age 64, and one of which is at age 79. Once again, the coin’s reverse features a Canadian maple leaf image.
The platinum Canadian Maple Leaf coin was minted between 1988 and 1999, and then it was minted again in the year 2002. When it was being minted, it was minted using .9995 fine platinum, and it was available in several different denominations. The 1/20 oz coin was worth $1C, the 1/10 oz coin was worth $5C, the ¼ oz coin was worth $10c, the ½ oz coin was worth $20C and the 1 oz coin was worth $50C. The coin’s obverse featured Queen Elizabeth II and the Canadian Maple Leaf graced the coin’s reverse.
The Palladium Canadian Maple Leaf coin began minting in 2005, and it is still being minted. It is rafted from 1 oz of .9995 fine palladium. The coin’s obverse features Queen Elizabeth II at 79, and the reverse is graced by a Canadian Maple Leaf. If you are interested in collectible Canadian coins, the Canadian Maple Leaf is a good way to go. These coins are estimated to be going up in value because they are precious metal coins, and the value of precious metal is on the rise.
Photo Credits: random dude
Originally posted 2009-08-14 05:50:57. Republished by Blog Post Promoter
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November 4th, 2011 — Coin Collecting
You are probably already aware of the fact that a coin is simply a metal disc that has been issued by your local government for public consumption as a form of currency. There are a wide variety of different types of coins, however, and not all coins are currently being accepted as being currency that is capable of being spent as a payment for transactions on a day to day basis. One of the things that you can consider when it comes to coin collecting is coin parts and anatomy, and how different coins are made from different materials and made in different ways accordingly.
So what are the main coin parts, and that is the purpose of each part of the coin?
Sides
The coin has two different sides, the head side and the tail side. Technically, the sides of the coin are known as the obverse side and the reverse side of the coin. In general, the bust image or portrait on the coin and the year of the mintage are both engraved on the coin’s obverse side. The face value for the coin is what is pressed on the other side of the coin, the reverse side.
Rim
The rim of the coin is the raised area that runs all the way along the edge of the coin. The rim of the coin can be found both on the obverse side of the coin and the reverse side of the coin as well.
Legend
The legend on the coin is what you call the inscription or any lettering that you find on the coin such as the country where the coin was issued and the face value for the coin.
Field and Relief
The field on the coin is the coin’s flat portion. The relief on the coin is the coin’s raised portion, or any design elements on the coin that are made during the process of stroking. Some examples of the relief portions of the coin include the legend of the coin, the portrait of the coin and the rim of the coin.
Edge
Contrary to the coin’s rim, which runs along the edge of the entire coin, the edge itself is the true actual edge on the coin. The edge could possibly have a number of different decorative types. For example, the edge may be plain, it could be reeded, ornamented or it could be grooved.
Portrait and Date
Finally, the portrait is the image on the obverse side of the coin, which is typically a bust of a person who is significant such as a president or another ruler. The date of the coin also appears on the obverse side of the coin, and it is responsible for indicating when the coin was actually minted.
Photo Credits: pfala
Originally posted 2009-11-08 03:32:23. Republished by Blog Post Promoter
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