Category: General Collecting


Die Variety News #13 Now Available

Die Variety News by Billy CrawfordThe latest May/Jun 2008 issue of Die Variety News online bi-monthly magazine is now available in Adobe Acrobat© rich-text PDF (Portable Document File) which allows the viewer an extremely clear high resolution with dynamic zoom capability and detailed printing of each page.

This May/Jun Issue #13 of DVN Magazine includes highlights on a “2004-D Roosevelt Dime Analysis,” “1988 1c Transitional Varieties,” “Wyoming State Quarter DDRs,” “OIV Doubled Dies Continue,” “Strange Reverse on 2006 Lincoln Cent,” and we continue with more “Presidential Varieties & Heavy Abrading.” Plus our extremely popular “This & That” section, “World Varieties,” “Mint Error Showcase” and our “Variety Spotlight” covers the 1943-S 1c DDO.

Susan Headley , the About.com Coin Guide reviewed this issue in her latest column as follows:

” The cover story for this issue is the mysterious 2004-D Roosevelt Dime which has an apparent doubled ear. The doubled ear is difficult to see in the small photo I have here, but if you click through to Billy’s site and look at the full-sized Die Variety News #13 cover, you’ll see an enlargement of this intriguing coin.

Inside issue #13, Billy examines this remarkable coin and provides an answer to the question people have been asking ever since the coin was discovered: Is it a doubled die? Was this semi-circular mark on the ear made by the same person who added the “extra leaf” to certain Wisconsin Quarters (also done at the Denver Mint in 2004?) Or is this mark just some kind of random die damage? Billy shows us what he thinks is the cause, using his lovely large-sized microphotographs and a clear, point-by-point explanation of his theory.

12 UNDERVALUED UNITED STATES GOLD COIN COLLECTING AREAS PRICED BELOW $2,500

By Doug Winter of RareGoldCoins.com

Doug Winter Selections under $2500Sure, every gold coin collector would love to have an unlimited budget. But few do. Is it possible to be an individual of average or slightly above-average means and still be a collector of U.S. gold? I contend that the answer is a resounding “yes” and I’d like to suggest a dozen collecting areas that are priced at $2,500 or less. My basic parameters are that each is undervalued, interesting to collect and they can be found with some patience.

Instead of focusing on specific issues (which, for the collector, can be like finding a needle in a haystack) I’m going to be a bit more general and focus on small groups or subsets of coins. Not every date within this group may be of interest to the collector (or fall within the parameters of affordability that we have established) but enough will qualify to make them worthy of serious consideration.

Along with the groups of coins, I’m including recommendations of specific dates that I like, suggested price ranges and grade ranges and collecting tips that will help the new collector decide if these areas are right for him.

I. San Francisco Gold Dollars

The San Francisco mint produced gold dollars for seven years between 1854 and 1870. This includes all three types of this denomination. For collectors in the $2,500 and under range, the best options tend to be the Type Three issues (1857-S, 1858-S, 1859-S, 1860-S and 1870-S). All five have original mintages of 13,000 of less (only 3,000 in the case of the 1870-S) and they are every bit as scarce as many of the more popular and expensive Charlotte and Dahlonega gold dollars from the 1850’s. The grade range that most collectors will be looking for is AU50 to AU58 and a five coin Type Three San Francisco gold dollar set would be a challenging but completable goal.

Collecting Tip: Many have been cleaned or processed at one time and coins with natural color and surfaces are far rarer than most collectors realize. Don’t be afraid to pay a premium for a pretty, original coin.

Recommended Dates: I personally like all five of these issues but I’ve always had a soft spot for the 1870-S given its low mintage figure and its status as the final gold dollar from this mint. (more…)

A Short Numismatic History of the United States

By Edward Elmer for Lew Rockwell.com

1795 Half Eagle and 1793 Chain CentGovernments are inveterate despoilers of the freedom, wealth, and lives of their citizens. As consolation, the citizens usually receive little more than lofty words and pretentious sentiments from the political leaders in charge of the looting, murder, and enslavement. Less commonly, governments produce something concrete, such as a marble palace for the ruler or an alabaster temple for the commemoration of some supposedly noble public goal.

However, one of the few universal, tangible products of government which citizens experience directly is their government’s medium of exchange. Even this government product usually offers a lopsided exchange for the citizen. Base metals and paper are usually offered to the subject in return for his much more valuable and often unjustified faith in the validity of his government.

At the outset, the numismatic history of the United States is as singular as its political history. Just as the new government was remarkable for the powers its Constitution did not permit, so the new U.S. coinage was unusual for what it did not depict. There were no representations of any political figures, ancient or contemporary. Odd as it may seem to modern Americans, the faces of Washington, Franklin, and Jefferson did not make it onto America’s earliest coinage. Such bygone greats as Caesar and Alexander were also notably absent.

Our early American predecessors seem to have bypassed the rich symbols that abounded on the coinage of preceding nations. There were no gods or goddesses, nor was the mint impelled to create a mythological parallel to the Roman she-wolf nursing Romulus and Remus. Though the new nation was rich in folklore, none of its earliest coins depicted traditional examples, such as Washington’s felling a cherry tree or Franklin’s flying a kite.

Read Full Article on LewRockWell.com

The Dilemma of the Placeholder - Coin Collecting Strategy

By Doug Winter - www.RareGoldCoins.com

PlaceholderIf you collect a set (or sets) and are competing in the Set Registry, the chances are good that you’ve struggled with the Dilemma of the Placeholder. Let’s examine the Pros and Cons of buying a placeholder coin and try to decide whether this is a smart collecting strategy or not.

First off, let’s define what a “placeholder coin” is. I view a placeholder coin as one that you buy as a stop gap. As an example, say that you are assembling a set of Indian Head eagles. One of the few dates that you are missing is a 1911-D. One comes up for sale at auction in a grade lower than what you really want. You decide to buy it anyway because of the fact that it a) fills a gaping hole in your set and b) gives you a sufficient number of Registry Set points that you move up a notch and pass Collector X. Was this is a smart purchase or not?

Let’s look at the pros of buying a placeholder coin. The first is the measure of satisfaction that filling a really nagging hole can give. There is nothing more frustrating for our hypothetical collector than seeing a big ol’ ugly blank every time he looks at his set inventory - especially if he has a nice date run before and after the missing coin. Coin collecting is a very emotional hobby and the Karmic Value of filling a hole is hard to put a value on.

Another pro is the fact that a Placeholder coin might grow in appeal on the owner. I’m going to assume that as a collector you are smart enough to not buy something truly hideous and to at least hold out for a moderately attractive placeholder. You might learn that your placeholder is actually so rare that it represents the only coin that you are likely to have a shot to buy. (more…)

Cents and Sensibility: History of U.S. currency helps make coin collecting popular

By Brian Kamsoke Contributing Writer for the Daily Star

Boy Scout Coin Collecting badgeThe first U.S. coin was struck in 1792 when President George Washington, Thomas Jefferson and others met in Philadelphia. The coin was a silver half-disme (a disme is the original spelling of dime, so a half-disme was equal to 5 cents). President Washington melted his own silverware to supply this first batch of U.S. coins.

Coin collecting first became popular around 1825, though it was considered a hobby of kings.

By 1875, coin collecting began to enter the mainstream, and today there are an estimated more than 5 million Americans of all ages and backgrounds who collect coins.

Indeed, coin collecting today has enjoyed renewed interest, especially with rising commodity and precious metal markets. Gold recently topped out at nearly $1,000 per troy ounce and silver touched $16 per ounce.

As well, commemorative coins and various promotional coin programs (such as the state quarter program, which ends this year) have maintained and inspired coin collecting through generations.

Nine-year-old Bryce McCarthy of Norwich was introduced to coin collecting by his grandfather.

Full Daily Star Article

DISCLAIMER: All content within CoinLink is presented for informational purposes only, with no guarantee of accuracy.
CoinLink does not buy or sell coins or numismatic material, and has no ownership interest in any web site listed within CoinLink.
All News and Article links are direct, without framing, to the original source, which is solely responsible for the content.
No endorsement or affiliation to or from CoinLink is made.