Early Copper Coins Of The United States
Copper has been an extremely important mineral for thousands of years. It has been used for conducting
heat and electricity. It has also been used to create art, building materials and coins.
Copper coins first appeared in the United States in the late 1700s. The US penny was named after the British penny, or pence.
Though it seems like small change, in its day the half-cent could actually purchase items of value: it was the equivalent of today’s dime.
Compared to today’s coins, early coins were heavy and the designs were much simpler. The half-cent was about the size of today’s quarter coin. Each one featured the face of Lady Liberty. Read more
US Silver Coins of The 1800s
Of all the coins that were minted in the United States during the 1800s, the Morgan Silver Dollar is by far the most sought after. Anyone who has received one of these as a hand me down from an older relative stands to cash in on a significant pay day.
Some people go so far as to refer to the Morgan Silver Dollar as the king of all United States issued coins. After this many years, the pure beauty of this coin remains breathtaking. If one were to attempt to buy a Morgan Silver Dollar that is found to be in mint condition, they could expect to pay no less than a $2,000. Read more
Investing In Rare Gold And Silver Coins
Anyone wanting a relatively safe and fun way to invest their money may want to consider joining the growing rare gold and silver coin collector’s market. Due to the increasing number of people starting their own collection, the lower rates of interest, the decreasing value of the dollar and the daily changes in the stock market, the coin market is exploding. That combined with the shrinking supply of available coins has resulted in the value of both gold and silver coins experiencing a continued growth.
There are many additional benefits to beginning coin collecting. Since neither gold nor silver can be duplicated or manufactured by humans, so their value remains constant, which is very reassuring to investors.
Another appealing benefit is that because gold and silver are legal tender, they can easily be transferable into immediate cash should an emergency or disaster arise. Read more
Peace Dollar
1921-1928 & 1934-1935
The Silver Peace Dollar was originally proposed to be a commemorative coin issued to memorialize with the ending of World War I; however the final decision was made to issue the Silver Peace Dollar as a circulating coin.
The coin, which got its name from having the word “peace” imprinted at the bottom of the coin’s reverse, was designed by Anthony de Francisi.
The replacement to the Morgan Silver Dollar, the Silver Peace Dollar was struck from 1921 until 1928, then after a pause of six years it was minted again in 1934 and 1935. Read more
Morgan Dollar
1878-1904 & 1921
The Morgan Silver Dollar, which was named after its designer, George T. Morgan, was minted from 1878-
1904 and then again for one year in 1921. Each Morgan Dollar has a finesse of .900 which gives it 0.77344 troy ounces, or 24.057 grams of silver.
The coin was commissioned after the Bland-Allison Act was passed; which called for the US Treasury Department to buy large amounts of silver, and strike it into coins. This was at a time when the cost of silver was very low due to the Comstock Lode silver strike in Nevada; which to this day is the largest silver strike in history. Read more