September 9th, 2009 — Coin Collecting, Morgan Silver Dollar, Rare Coins, US Coins
The Morgan Silver Dollar is considered by many to be one of the most valuable US coins that you can collect. It’s history ranges from 1878 to 1904, and during its run, it was one of the first dollar coins that was available for public use, minus the Seated Liberty Dollar. The coin was named for its designer, George T. Morgan and to this day, collectors search for these valuable items.
The main reason that silver dollars were put into use is due to the fact that when the Comstock Lode was discovered, silver prices fell dramatically due to the influx of the rich metal onto the markets. The Bland-Allison act called for coins to be used as currency and the rest is history. It wasn’t until 1921 that silver dollars fell out of use, and during that time many were melted after the availability of silver fell again.
Out of all of the Morgan Silver Dollars that were minted, by far the most valuable one is the one called the King of Morgan Silver Dollars, or the 1895. This is a very rare coin and those that are able to find them are considered to be very lucky indeed. Many private collections contain these rare coins, and there is quite a market for them at auction. Even though the coin itself is worth only 1 dollar in silver, the value of these coins can exceed $120,000.
There is somewhat of a mystery around the Morgan Silver Dollar from 1895 that has sparked collector interest. In total, there were about 12,000 total made during that year, and 880 proofs were created as well. To date, only a small portion of these coins, around 80, have been discovered. That means that somewhere, there are more than 11,920 of these rare coins that are waiting to be found.
No one really knows what happened to them either, which makes finding one all the more special. While all Morgan Silver Dollars are valuable, it’s the King that everyone wants for their collection. In total, more than 500 million Morgans were produced during its minting period and of that amount, approximately 2.5 million are still around.
If you are looking for a true one of a kind collector coin, the Morgan Silver Dollar from 1895 is certainly the one to search for. However, finding any Morgan Silver Dollar is considered to be a feat, especially today when they are very scarce. This is a fun coin to collect and even if you never do find that special King, you can still enjoy your entire collection.
For collectors interested in stumbling onto a King, the best place to start is by looking at auctions, or at online auction sites. Many times, you can find one of these incredibly rare coins for a steal, especially if you purchase a raw lot. The hunt is still on for the King, and with more than 11,000 still out there, there is a chance that you just may be the one to find one.
Originally posted 2008-08-14 05:00:02. Republished by Blog Post Promoter
Related Posts -
Collecting Coins of the World Start with your pocket change Start out by studying coins you pull from your pockets, or failing that, some old coins from your attic, on your floor, or out in public. As a novice coin collector, it makes no sense to spend a lot of your money on coins if...... -
Buffalo Nickels Coins and Paper Money -> Coins - US -> Nickels -> Buffalo (1913-1938): 1913-19, 1920-29, 1930-38, Mixed Lots The popular US coin called the Buffalo Nickel was only minted from 1913 to 1938, but it quickly became one of the most popular coins and certainly one of the most collectible....... -
Rare Coins Coins and Paper Money -> Ancient Coins -> Persian, Indian, Asian There is something very special about rare coins. No matter where in the world they came from, they usually have a very rich history and collectors will search to the ends of the earth to find that special rare...... -
Beginning Coin Collecting If there are people in your life who you think would enjoy beginning coin collecting, then there are some great resources that can help. Many websites assist parents and friends of those who are interested in beginning coin collecting to learn the basics about coins and what's available. Once a...... -
Introduction to Rare Coin Collecting Coin dealers, just like any other type of dealer or business, requires stock that they can sell to the public. Rather than obtaining or acquiring their stock from a factory or manufacturer however, they obtain their coins from the public instead. Classic types of rare coins have to be acquired......
Related Websites -
October 2007 Passive Income Update It time for an update on October's passive income and online earnings. Last month's total was nice $1,736.80. Plus I got another $100 for referring a friend to TDAmeritrade, so counting that its $1836.80. I'm not counting the income from Prosper since its rather difficult to manually go through ~50...... - Byron Wien's 2008 Annual Top Ten Surprizes List Byron Wien, chief investment strategist for Pequot Capital, has once again published his annual list of economic, market and political surprises. Last year, he got about half of his predictions right. He predicted gold bullion at $800, oil at $80, surging grain prices, and the rise in Latin America's economies.......
- Buying Cheap Gold Coins Gold and silver are global commodities with spot prices being the same all over the world (assuming you live in an open society). The only differences are the premiums that dealers charge buyers. One of the surprising things has been the large increase in premiums on gold and silver coins.......
-
Advice Please - Rent A Car Or Take Our Own, This Is The Question. Let me preface this by saying that I love our car...I have never had such a fun car to drive as our Mini Cooper. That being said, we will probably have to sell it someday because, well, it really only fits 2 people. And if we ever have a child,...... - When's a cent not worth a cent? When it's worth almost 1.85 cents. Political Calculations commented on my calculating melt value post and led me to a neat site called Coinflation.com. This site tracks the melt value of common U.S. currency. As you may have noticed, metals recently have gone up in price sharply. Gold and silver......
Online Stores
September 7th, 2009 — Coin Collecting, John Quincy Adams Dollar Rolls, John Quincy Dollar Rolls, US Coins, world coins
Whether you’re new to coin collecting or you’ve been fascinated by coins for years, now is the time to invest in a John Quincy Adams dollar roll. If you have a free book offered by the US Mint to house your Presidential Dollars collection, you’ll want at least one loose John Quincy Adams dollar, but the roll is more of an investment in the coins. If you purchase a roll of each Presidential dollar released from the beginning of the program through the end in 2016 (though more presidents will be added, extending the program) you’ll have an amazing variety of dollar rolls that will look impressive in any sized collection.
The John Quincy Adams dollar roll is the latest offering in the Presidential Dollars program. Much like the 10-year 50 States Quarters Program that proved a favorite among collectors, and especially children who enjoyed collecting these coins, dollars featuring United States Presidents are released over a span of time. The 50 States Quarters were released in the order the states became part of the union; the Presidential Dollars are released in the order in which they served the country as Commander in Chief.
Coins in a John Quincy Adam dollar roll, and in all of the Presidential Dollars, are the same composition as a Sacagawea Golden Dollar. But each coin features the name and likeness of the President on the front, along with the years of his term of office, and which President he was—1st, 2nd, etc. Presidential Dollars are unique from any other US coin in the way much of the information typically found on a coin is printed on their edges instead of the face or reverse. “E Pluribus Unum,” “In God We Trust,” the mint mark and the year of the coin are now on the edge of these coins.
Also setting coins in a John Quincy Adams dollar roll and other Presidential Dollars apart from every other coin minted in the United States, the world Liberty does not appear on the reverse of the coin. An image of the Statue of Liberty stands for liberty, instead. The coins have been issued at a rate of 4 per year since 2007.
The John Quincy Adams dollar roll became available this year, in May of 2008, and is the 6th release of these dramatic and beautiful coins. George Washington, John Adams, Thomas Jefferson and James Madison Presidential Dollars were released in 2007, and James Monroe was the first release of 2008, followed by John Quincy Adams. Andrew Jackson and Martin Van Buren Dollars have also been released since then this year, with the four scheduled to be released in 2009 being the next 4 Presidents in order, Harrison, Tyler, Poke and finally Taylor. These coins are great to teach kids about our Presidents.
Your local bank should be able to supply you with a John Quincy Adams dollar roll, but auctions like eBay are great for quickly grabbing rolls of past releases. Keep the roll intact to retain all of its collector value.
Originally posted 2008-12-12 14:00:25. Republished by Blog Post Promoter
Related Posts -
Determining Rare Coin Values in Your Collection When you are deciding whether or not you would like to add a specific coin to your collection, one of the things that you are going to want to take into account is rare coin values. The rare coin values that you find will ultimately be determined by availability of...... - Euro Coins Coins & Paper Money -> Coins: World -> Europe Euro coins were first put into circulation in 2002 by the European Union. There are 8 coins: 1, 2 5, 10 and 20 cent coins, as well a the 100 and 200 cent coins, which equal 1 and 2 Euros, respectively.......
-
Collecting Greek Coins There are three different points in time that Ancient Greek coins are divided into. The first period of time for the history of ancient Greek coins is known as the Archaic period. This particular period of time expands from when coinage first appeared in the Greek World in 600 BCE...... - Military Coins Coins and Paper Money -> Coins US -> Coins - World Whether you were once in the military, or you are a collector all of things militaria, military coins are a great and valuable item to start amassing. There are many different kinds of military coins that are currently available......
- World Coins Money -> Coins: World Collecting world coins is a rewarding and fascinating hobby. The first official coins were struck around the 6th century BC in Lydia, though metals used as a type of currency far pre-dates that, to Mesopotamia somewhere between 1500 and 2000 BC. Ancient coinage is fascinating, with......
Related Websites - Collectible elongated coins When I was still in elementary school, I remember a day when a passenger train was coming into town. There hadn't been a passenger train in town for a long time, so this was a big event. Prior to the train's arrival I put a penny on the railroad tracks.......
-
Bush Plans to Host World Summit to Address the Current Credit Crisis The United States President George Bush recently announced his intention to hold a world summit involving leaders from all around the world in order to discuss the global financial crisis in the near future. What he did say however is that any financial reform should absolutely not come at the...... -
![[Perth Mint Lunar Series Gold Dragon 1 Ounce coin]](http://www.livingoffdividends.com/wp-content/uploads/2008/03/perth_mint_lunar_series_gold_dragon.jpg "[Perth Mint Lunar Series Gold Dragon 1 Ounce coin]")
Gold Play: Great Time To Invest As I've mentioned before I think the US is going to enter a period of inflation and recession brought on by the trade & budget deficit and precipitated by the devaluing dollar. Both Oil and Gold have been in a slow and quiet bull market for the past few years....... - John Reese: The Million Dollar Man The first time I met John Reese was at Yanik Silver's Birthday Bash marketing conference in Orlando. I was actually nervous. After all, this was the guy who had been marketing on the net before anyone else in our industry....
-
Another Gold Investing Update Regular readers will know that I've been investing in gold since gold was in $500/Oz. I advised some readers not to jump in at $720 but wait for a pull-back. Well it pulled back from $720 to around $570 and then jumped up a bit. Today it settled around......
Online Stores
September 6th, 2009 — 1925 Coin Penny, Coin Collecting, Rare Coins, US Coins, Wheat Penny
Probably one of the easiest coins to acquire for a coin collection is the wheat penny. This coin was a United States penny minted from 1909 to 1958. The coin goes by many names, including the Lincoln Wheat Cent and Wheatie, and was worth 1 cent at the time it was minted. While few are worth more than that today, some uncirculated mintings have gone for thousands of dollars at auction.
Most of us who had grandparents or parents who kept pennies in jars have been able to search through those coins and find at least one wheat penny or two. The front of the penny looks indistinguishable, at first glance at least, from the pennies minted today because they still bear the bust of Lincoln on the front (or obverse) side of the coin. The back of course is different, because the two wheat stalks that were on the reverse of the wheat penny were replaced with the Lincoln memorial in 1959.
The change in the reverse design, however, isn’t the only different between the wheat penny and the modern penny. And there are even variations among wheat pennies, depending on the year the penny was minted. Some of the wheat pennies produced in the beginning featured the initials of the sculptor, Victor David Brenner, on the reverse side of the coin below the wheat stalks.
This was a cause of controversy, however, and in 1918 the initials VDB were moved to the front of the coin. You must look very closely at a wheat penny from those early years and you’ll see the tiny initials on the bottom of Lincoln’s bust, below his shoulder. The coins produced before the change was made in California are more valuable than most other types of these pennies, because less than half a million were produced by that mint before the public complained enough about the prominent initial display to have it changed.
These early pennies are called “VDB” cents due to the placement of the initials. If you happen to find a 1909 wheat penny with those initials on the back below the wheat stalks that was minted in San Francisco, California, even if the coin is in poor condition, it could be worth hundreds of dollars. Mint coins with that configuration can go for much, much more. VDB cents minted in Philadelphia hold much less value, because more were produced. The 1914-D coins are also typically quite valuable.
A wheat penny with a minting error can also be valuable, such as the 1922 penny that looks plain because the die was full and couldn’t imprint the coin, and one produced in 1955 which appears minted twice, known as the doubled die coin.
If you can find lots of wheat pennies for very little money, you might enjoy looking for these different variations. Someone without an interest in the wheat penny who puts several up for auction in a lot might not even be aware that they’re selling a gem.
Originally posted 2008-11-17 14:00:16. Republished by Blog Post Promoter
Related Posts - 1925 Coin Penny Coins & Paper Money -> Coins: World -> Australia The 1925 coin penny is the 3rd rarest copper coin from Australia. According to records from their Royal Mint, this coin was struck late in the year to make sure that Australian merchants had plenty of pennies during the Christmas season.......
-
Greek Coins Coins and Paper Money -> Coins - Ancient -> Greek Coins As a link to the ancient world, coins are an incredibly popular way to capture this history. Thanks to the minting process and the metals that were used, we can still enjoy many ancient coins today. Greek coins are...... - Military Coins Coins and Paper Money -> Coins US -> Coins - World Whether you were once in the military, or you are a collector all of things militaria, military coins are a great and valuable item to start amassing. There are many different kinds of military coins that are currently available......
-
Coin Parts and Anatomy 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...... - Euro Coins Coins & Paper Money -> Coins: World -> Europe Euro coins were first put into circulation in 2002 by the European Union. There are 8 coins: 1, 2 5, 10 and 20 cent coins, as well a the 100 and 200 cent coins, which equal 1 and 2 Euros, respectively.......
Related Websites - Franklin Mint Collectibles Collectibles -> Decorative Collectibles -> Franklin Mint One of the most popular brands of collectibles are Franklin Mint Collectibles. This company is well known throughout the world for providing collectible editions at reasonable prices and they even offer payment plans for their more expensive items. This has allowed thousands, if......
-
The Mints of the United States If you’ve ever looked at a coin, chances are you’ve been interested in what was on it. There’s the year it was stamped, various Latin sayings, some images of buildings or famous individuals from US history, and there usually is a random letter. You probably know that the letter corresponds...... - All That Glitters Isn't Gold Recently, I have noticed a lot of advertisements for coins on TV and in magazines. Â Casual observers should be able to determine that many of these coins will never have any substantial value. Â If you really think those Derek Jeter coins (the most hits ever by a Yankee!) are going......
-
From Pennies One Million Dollars Grow Original artwork by Madoline Hatter available on a variety of merchandise at Mozartini As we learn in grade school science, everything on this Earth is composed of many smaller things, which in turn are composed of even smaller things, etc., etc., etc. The same principle applies to finance and...... - Buying Penny Stocks the Lazy Person's Way Buying penny stocks can produce high profits quickly from relatively small investments, but it also carries quite a bit of risk. Risk can be reduced through careful evaluation of stocks, but the evaluation process is difficult and can require a lot of time.
There is a new computer "bot" that......
Online Stores
