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RWB

Member: Seasoned Veteran
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Everything posted by RWB

  1. Modern backing for paper currency is economic activity. Hyperinflation of currency is an outward expression of a dysfunctional local or national economy...printing more paper is not a direct cause. Before the US change from gold exchange standard, US Customs preferred - sometimes required - gold certificates over coin, and they refused bullion entirely. The certificate was "always" worth exactly the stated value; coins could be worn or off-standard, and bars required melting and assay to determine their gold content.
  2. The silver dimes are worth about $2.00 each. The silver dollar (top photo, extreme left) about $21.00. The clad coins are worth face value. Can you better identify the brass or gold colored Elizabeth II coin (last photo)?
  3. The photos suggest the coin is not uncirculated. As for cleaning, I can't tell from the photos. New coin dies do not have luster - they are more satin looking from the effects of the final acid dip after hardening. Luster quickly builds with use.
  4. Yikes! Those imitations are U-G-L-Y ! (PS: Copper is not a precious metal and purity is not expressed in thousandths.)
  5. Keep looking. It is very likely you can buy a much nicer looking 1835 cent for the same amount of money. Avoid uneven color, especially a "pinkish" cast; run away from corrosion or damage; skip damaged dates or inscriptions except if known varieties.
  6. Suggest that before buying, have a conversation with yourself about why you want to buy gold. Then decide which form of metal best supports your first answer.
  7. The photo does not show a 1969-S doubled die coin.
  8. RE: "Please post any feedback history opinions." It's an honest opinion, and a gentle advisory, about something that will have no lasting value. Find a 1964 Kennedy half and compare it to the ugly imitation in the photo. Certainly if the Sudbury Kennedy medal is to your liking, buy it and keep it. There is no historical connection between JFK and Sudbury, Ontario or nickel mining. Most of that area's background relates to International Nickel Co. (INCO) and Canadian coinage, plus the company's efforts to produce a viable substitute for US silver coinage in 1964-65. (See Private Pattern and Related Pieces: International Nickel & Gould Incorporated for information.) If you want to learn about coin collecting, everyone here will willingly help you. And an important part of the hobby is acquiring coins, medals and other items that appeal to you - but it's also good if they will retain much of their purchase price for future sale or trade with other collectors. There are thousands of merchant tokens, state sales tax tokens, small medals and other collectible items that, although not artistically attractive, have history behind them. There are lots of ugly coins, too ---. Collectors enjoy these things in part because they are a connection to the past - events, people, occupations, etc. If you have a connection to Sudbury, there are quite a few medals produced by INCO that are interesting and inexpensive. Here's one of them:
  9. Probably OK....no one really knows except the door-to-door gold buyers, and smugglers.
  10. As noted elsewhere and now corrected by the US Mint: "In a message released Friday, May 28, we made reference to a global shortage of silver. In more precise terms, the silver shortage being experienced by the United States Mint pertains only to the supply of silver blanks among suppliers to the U.S. Mint."
  11. A really ugly medal. You can get something similar with an authentic 1964 half from novelty vendors.
  12. Ah, yes.... the old "Cipoletti off the Ol'e Blockhead." Mr. Lange -- Did ANA or Whitman pay for your work or was that "lost" too? Are you going to prepare an updated version?
  13. The estimate was of "gold in circulation" not "gold coins in circulation." Treasury use was inclusive of gold notes, certificates and coin. This is something that I tried to untangle in the book - evidently not completely successful.
  14. You would not know because they were indistinguishable, and all from a legitimate source. The same kind of thing happened routinely with new issues. Examples include Peace dollars, 1922 approx 100,000 trial pieces approved and mixed with production - coins are identical; 1916 "Mercury" dimes - similar; 1938 Jefferson nickels - also similar, there are other examples.
  15. Proof coins will have mirror-like fields - you can easily see a reflection. Uncirculated coins will have frosty-looking fields - you can barely detect a reflection.
  16. It seems to extend into the rim which would excluded any but a catastrophic crack. Further, cracks in die metal follow crystal boundaries which are not long straight lines, and are rarely radial....this looks straight from the photo. Cracks in planchets are often nearly straight because they have not been subjected to the same kinds of stress forces as die steel. A really clear, sharp photo of the defect would help.
  17. Really nice example of George Morgan's fix to the 1916 version. The clarity of detail results from his manual touch-up of a Janvier reduction. Compare detail to the 1917 Type II which was made from an unretouched reduction in February 1917.
  18. The mint director, Patterson, hired artists Thomas Sully and Titian Peale to design obverse and reverse, respectively. It was Patterson who described what he wanted on the coin, so the artists were constrained by those instructions.
  19. This might help a little: Praenomen, first of a Roman’s three names. The personal name or “first name/given name.” Bastardized as “Christian name.” Gaius Julius Caesar. John Philip Sousa Nomen, the second personal name of a citizen of ancient Rome, indicating the gens (family or clan) to which he belonged. Not routinely followed in American and British naming conventions. Marcus Tullius Cicero. Thomas Alva Edison. Cognomen, third of the customary three Roman individual’s names. Often an epithet; modern usage is for a surname meaning a family name. Gnaeus Pompeius Magnus. George Herman Ruth. PS: Please let the symbiotic paramecia know their "nomen gentilicium" is Paramecium bursaria.