1878-1921 Morgan Silver Dollars

Morgan Dollars 1878-1921 Morgan Silver Dollars Morgan Dollars Morgan Dollars are among the most popular of all United States coinage. The series was introduced in 1878 and minted continuously until 1904, and again in 1921. The coins were generally struck in large quantities at a total of five different nationwide Mints. Whereas most issues of the series are readily available, there are some issues with low mintages or which saw heavy circulation. These mintage and condition rarities are highly sought by collectors. Some coins also display proof like qualities or have deep mirror proof like surfaces. These coins often command significant premiums and are the focus of high end collectors. The silver dollar denomination has long been regarded as the cornerstone of the American monetary system. First minted in 1794 at the Philadelphia Mint, it was among the first silver coins struck under the name of the United States of America. However, before the Morgan Dollar series began, the denomination had often experienced long interruptions in production and often the pieces were virtually nowhere to be found in every day commerce. The origins of the Morgan Dollar can be traced back to the Mint Act of 1873, which discontinued the Seated Liberty Dollar design. In its place the Trade Dollar was created, but intended for use primarily in trade with the Orient. The supply of silver had increased greatly following the discovery of the Comstock Lode. This increased supply was much too large for the production of Trade Dollars only, causing the silver market to fall into disarray. Direct pressure from the silver mining industry, particularly the western states, led to the creation of the Morgan Dollar. With the passage of the Bland-Allison Act in 1878, the United States government was required to buy between two and four million ounces worth of silver every month, and convert it into silver dollars. These coins could be exchanged for gold at a fixed ratio of 16:1, meaning that sixteen ounces of silver were need for a single ounce of gold. The silver buying would be done at the current market rate, but the ratio would remain fixed despite fluctuations in the value of both metals. The measure was intended to restore the circulation of silver dollars, but large quantities of the newly minted coins would remain in storage for a very long time. The new silver dollars featured a design by George T. Morgan, an English-born immigrant. He had had come to the United States in 1876, at the age of thirty-one, following a request by the Treasury Department. In England, he had studied and worked for the Wyon family, best known for their minting of several American colonial coinage issues. When he came to the United States, he was soon hired as assistant engraver of William Barber and started working on a large number of patterns meant for the new silver dollars. The majority of these are half dollars dated 1877, with a head of Liberty in various forms. The final design is said to have been based on Miss Anna W. Williams, a schoolteacher who lived in Philadelphia. Morgan never confirmed this, and it appears that the design was only loosely based on her. The obverse of the Morgan Dollar depicts Liberty’s head, facing left. She wears a Phrygian cap, with the word LIBERTY on her hair band. Various agricultural features are seen, including wheat and oak leaves. Above the portrait is E PLURIBUS UNUM, with each word separated by a single dot. To the left are seven stars and another six are to the right. It must be noted that the stars are flat, thus not showing the radial lines usually found on American coinage. The date is below, and the designers initial, “M” for Morgan, is on the truncation of the neck. The Morgan Dollar reverse features a Bald Eagle with wings outstretched with a small wreath surrounding. A branch and three arrows are within the eagle’s claws. The motto IN GOD WE TRUST is above, and the denomination ONE DOLLAR is below. UNITED STATES OF AMERICA surrounds both the wreath and eagle. The design was slightly modified throughout the years. The first year of issue in 1878, with several varieties related to the number of tail feathers on the eagle. The first issues had a total of eight tail feathers, but this appeared unnatural and was later altered to seven tail feathers. In the process, a number of dies were altered, creating the 7/8 tail feather or doubled tail feather variety. Although this is a variety, it is often collected as a regular issue and included in most sets. The Morgan Dollars struck in 1921 were made from completely different hubs, and show many design differences on both sides. A complete basic set of Morgan Dollars by date and mint mark consists of 97 coins and represents a major accomplishment to complete in any grade. Some collectors spend decades assembling the series in certified coin holders or coin album

The Coins in Your Pocket Could be Worth Thousands

The Alaska Rural Rehabilitation 1935 Token - $1,750.

Alaskan families that were relocated by the Federal Emergency Relocation Administration were given $10 “scrip” coins to be used as tender in government stores. Once the need for the coins has died out, the majority of them were melted down. If you’re lucky enough to find one, your .10 coin would be worth $1,750.

Coins in Your Pocket Could be Worth Thousands

The Kennedy 1964 Silver Half Dollar -These Kennedy Half Dollars are worth anywhere from $500 to $1500 in uncirculated condition. See, 1964 was the last year half dollars were minted from 90%+ silver. Those minted between 1965 and 1970 contained less than half of this, minted with 40% silver. After that, the dollars did not contain silver.

The Coins in Your Pocket Could be Worth Thousands

The “Extra Low Leaf” 2004 Wisconsin Quarter - $140

Simply due to an extra lower leaf attached to the corn stalk on the 2004 Wisconsin quarter, this 25 cent piece can now fetch near $140. It’s believed that there are 5,500 of these coins in circulation. How these mint design errors occur, no one truly knows.

Coins in Your Pocket Could be Worth Thousands

Out of all errors possible, this must be the most humorous. Rather than the famous “In God We Trust,” this quarter reads, “In God We Rust.” This error came to be from excess grease build-up in the printing machines at the mint. This fun quarter is worth $100 or so if it still resides in “mint” condition.

2021 Washington quarter dollar bearing a new reverse design

The 56-coin America the Beautiful Quarters Program also instituted under the 2008 law is set to conclude with the January 2021 release of the Tuskegee Airmen National Historic Site quarter dollar representing the state of Alabama. April 5 is scheduled as the official release date by the U.S. Mint through the Federal Reserve of a

illustrating Gen. Washington crossing the Delaware River with his troops during the American Revolution. Issuance of the Washington quarter dollar follows from a provision of the America’s Beautiful National Parks Quarter Dollar Coin Act of 2008, Public Law 110-456.

Buffalo Nickels! Key Data For Collectors & Surprising Facts!

President Theodore Roosevelt began the movement to make US coins more appealing in the early 1900s. His influence brought about the Lincoln cent in 1909. And, the upgrade continued after his administration. During the administration of President William Howard Taft, an artist was commissioned to create a new nickel with distinctly American themes. The result of this is the Buffalo nickel. It began its run in 1913 and continued until 1938.

1913 Buffalo Nickel James Earle Frasier was the name of the artist who created the Buffalo nickel. If you look below the date on the face of the coin, you will see an "F" for his last name "Frasier".

"F" mark on Buffalo Nickel Photo by PCGS During the first year of production, there were two designs for the back of the nickel. On the original, the bison is standing on a rounded mound of dirt. On this mound of dirt reads "FIVE CENTS". This design didn't work out well, as the wording would wear off. This version is known as "TYPE 1" or "RAISED MOUND". 1913 Raised Mound Buffalo Nickel The second design of the back of the Buffalo nickel has a flatter mound and the lettering is under it, rather than on top of it. This version is called "Type 2". That way the lettering wouldn't wear off so fast. 1913 Type 2 Buffalo Nickel

Errors and Varieties There are several interesting varieties of the Buffalo nickel. I present some here. First, is the 1916 Double Die.

1916 Buffalo Nickel, double die Photo by PCGS Here is a close-up. 1916 Buffalo Nickel, double die Photo by PCGS Next is the 1918 over 7. You can see the die has been altered to turn a "1917" nickel into a "1918" nickel. 1918 over 7 Photo by PCGS

Here is a close-up. Buffalo Nickel, Three Legged Photo by PCGS

There is variety of errored Buffalo nickels which occurred from 1913 to 1930. These were caused by over-polishing the dies. These are known as "Two Feathers" Buffalo nickels. You will notice by looking at the picture below, the third feather from the headdress of the chief, closest to the back of his neck, is missing. Not all numismatic groups recognize the Two Feather Buffalo nickel as an official variety. As you can see from the photo, PCGS does. Key Dates The 1913-S Type 2, 1913-D Type 2 and the 1921-S all had low mintage and are key dates for this reason. History Who is the chief on the face of the coin? This is actually a combination of three different chiefs. The artist, James Earle Frasier, didn't want to show favoritism to any particular tribe. So, he had three chiefs model for him. These chiefs were as follows. Chief Big Tree - Kiowa

Chief Two Moons - Cheyenne

Chief Iron Tail - Lakota

There were other Native Americans who also claimed to be models for the coin. Perhaps this is true. But, per Frasier, the above were the three. Bison or Buffalo? The animal on the back of the coin is a Bison. Although they are distant relatives of the buffalo, they are distinctly different animals.

American Bison Photo by Wikipedia The American Bison has a huge, muscular hump on its back which allows it to plow through snow easier. These are missing from Asian and African Buffalo. Also, its horns are smaller than its Asian and African ancestors. You could argue the point. However, consider this from Smithsonian's National Zoo & Conservation Biological Institute, "Though the terms are often used interchangeably, buffalo and bison are distinct animals. Old World “true” buffalo ... are native to Africa and Asia. Bison are found in North America and Europe. Both bison and buffalo are in the bovidae family, but the two are not closely related." Perhaps we should call them Bison nickels!

How Are American Silver Eagle Coins Different Than Other Coins?

COIN WISDOM Facts & History of the American Silver Eagle Coin! During the 1970's and early 80's the U.S. had an abundance of silver held in reserve. The US also had an abundance of debt. There were several plans to sell this silver for use in various programs. Occasionally sales of some of the silver did occur. Invariably this would drive down the value of silver on the market and the results were never as successful as hoped. In 1981, looking to balance the budget, President Reagan got legislation approved for 75% of the silver in the stockpile to be sold over three years. A few months later, upon anticipation of the sale of the silver stockpile, the price of silver dropped dramatically. Due to the terrible effect of the upcoming sale of silver from the government reserve, the bill was stopped by further legislation late in 1981. In 1983, Senator Jim McClure of Idaho had a bright idea. His proposal was to sell stockpiled silver, but to do so in a way that wouldn't adversely affect the silver market. This was the birth of the American Silver Eagle Bullion Coin. It took some time, but in 1986 the first American Eagle Silver Bullion Coin was produced. Specifically, what is a bullion coin? 'Bullion' is a form of a precious metal such as gold, silver, or platinum, from which coin metal alloys are made. In its pure form it is usually sold and traded in the form of bars and ingots. American Silver Eagle Bullion Coins are 99.9% pure silver and have a weight of one troy ounce (31.103 grams). These coins are valued chiefly on their bullion content. Of course, they can have a numismatic value greater than their silver content. American Silver Eagles have a value of one dollar stamped on them. Regardless of the value of silver which comprises it, the coin will always be worth at least one dollar in the U.S.. However, the coin has never been worth that little.

Famous Coin Collections of All Time

Louis E. Eliasberg, Sr. (1896-1976) was a Baltimore businessman who actively collected coins from the mid-1920s until the late 1970s. He made his reputation known in numismatics for being the only person ever to assemble a complete collection of circulating United States coins by date and mint mark. The Eliasberg Sets are registered with PCGS. Eliasberg did not differentiate between business strikes and Proof strikes, nor did he collect mint errors and die varieties. The goal of his coin collection was to collect one of every type of United States coin intended for general circulation by date and mint. He also collected subtypes such as the 1873 Liberty seated dime. One subtype head arrows next to the date and the other one did not. The only coin that he did not have in his famous coin collection was the 1849 Double Eagle. There is only one of these known, and it is in the Smithsonian Museum in Washington, D.C. Since this unique specimen was produced in the year before the coin officially went into production in 1850, most numismatists consider this a pattern coin and not a coin that was ever intended to circulate in American commerce. Eliasberg spared no expense to obtain all the significant rarities. His collection included a 1913 Liberty Head nickel, the unique 1873-CC no-arrows Liberty Seated dime, an 1804 silver dollar, an 1870-S three dollar gold piece and a 1933 gold $20 Saint Gaudens Double Eagle. When he learned that the 1933 gold coin might have been obtained through illegal means, he voluntarily surrendered it to the government. Bowers & Ruddy auctioned the first part of Eliasberg's collection in 1982, the second set in 1996 and the remaining lots in 1997. The total realized across all three auctions was more than $57 million

The Meaning of 'E Pluribus Unum'

E Pluribus Unum is Latin for "out of many, one." Sometimes it is translated more loosely as "one from many." E Pluribus Unum was once the motto of the United States of America and references the fact that the cohesive single nation was formed as the result of the thirteen smaller colonies joining together. Usage on Coins The United States Mint first used E Pluribus Unum on coins in 1795, on the Half Eagle $5.00 gold piece. The reverse design motif is based on the Great Seal of the United States and depicts an eagle holding a banner in its beak bearing the motto. The motto was first used on a silver coin three years later and appeared on all U.S. gold and silver coinage shortly after that. However, the use of E Pluribus Unum on United States coinage wasn't uninterrupted. In 1834, E Pluribus Unum was removed from gold coins to mark a minor debasement in the fineness of the gold. Once again, the silver coins soon followed, and the motto didn't appear on any U.S. coins. In 1866 it returned to several coin types, including the Half Eagle, Eagle ($10 gold piece), Double Eagle ($20.00 gold piece), silver dollars, and quarter dollars. In 1873, a law was passed that required E Pluribus Unum to appear on all U.S. coins when new designs went into effect. However, research of official mint records indicated that mint officials did not consider this mandatory. Therefore, they used the motto at their discretion when designing new coinage. The same records indicate that Col. Read of Uxbridge, Massachusetts was instrumental in having the motto placed on United States coins. History The motto E Pluribus Unum was first proposed by the U.S. Continental Congress in 1782, for use on the Great Seal of the United States. The immediate inspiration for the use of this term is believed to be Gentlemen's Magazine, which was an important men's magazine published in England beginning in the early 18th century. It was a very influential magazine among the intellectual elite. Every year, Gentlemen's Magazine would do a special issue, comprised of the best of the year's articles, and the Latin term E Pluribus Unum appeared on the title page as a way of explaining that this issue of the magazine became "one issue from many previous issues." Pierre Eugene du Simitiere originally suggested this motto in 1776. Historically the phrase, or a variant of it, was used by several significant authors. Sources included a poem attributed to Virgil, Confessions by St Augustine, Cicero in his De Officiis and several others. Given its rich history, it is only appropriate that the founding fathers of the United States of America chose this to be our motto. Fun Facts Just as the U.S. has thirteen original colonies, E Pluribus Unum has thirteen letters in it. The phrase ex pluribus unum goes back to ancient times, and Saint Augustine used it in his c. 397-398 Confessions (Book IV.) It has been used by the Scoutspataljon, a professional infantry battalion of the Estonian Defence Forces, since 1918. E Pluribus Unum still appears on U.S. coins even though it is no longer the official national motto! The United States Congress gave that honor to In God We Trust in 1956 by an Act of Congress (36 U.S.C. § 302). In the 1939 film The Wizard Of Oz, the Wizard gives the Scarecrow a Diploma from The Society of E Pluribus Unum. E Pluribus Unum, was first used on the 1795 Liberty Cap-Heraldic Eagle gold $5 piece.

The designation Special Mint Set is used for coins that were distributed only in mint or commemorative sets by the US mint but are otherwise similar to the regular business strike coins. Most mint sets contain “Business Strike” coins that are exactly the same as the coins that go to the banks to be used in everyday commerce. SMS coins are only made for distribution to collectors in sets sold by the mint and are special in some fashion. SMS coins can be found for the years 1965, 1966 and 1967 and include the Lincoln Penny, Jefferson Nickel, Roosevelt Dime, Washington Quarter and Kennedy half-dollar. The half-dollar is a clad composition and contains 40% silver, the same as the business strike coins of those years. During these 3 years the mint suspended proof coin production but due to the demand of collectors, they made the SMS coins instead, which are made in slower coin presses using polished dies to give a superior finish. They are not up to the standards of the proof coin of other years, yet are better quality than the business strike coins. SMS coins can also be found with a Cameo finish on them, much like the Cameo finish on a proof coin. This is due to the additional care used in striking the SMS coins. And like Cameo proof coins, Cameo SMS coins command a higher price. You will find many of these coins being sold as singles and many of the coin albums have a slot for both the regular business strike and the SMS coins. In 2005, the mint started producing satin finish coins that are only available in mint sets. These are also SMS coins. Up to that point they used business strike coins to make up the mint sets. This makes 2 distinctly different coins in the P and D mint marked coins as the satin coins are made by superior processes and have the satin finish. As of this time I have not seen that the album companies are adding slots for these SMS coins but it will come due to collector demand. A fully complete set will contain the P mint business strike and P mint satin SMS coins and the same for the D mint coins. There are a few other SMS coins that have been minted through the years. In 1994 there was a matte finish Jefferson nickel that comes in the 1993 Thomas Jefferson 250th anniversary commemorative set and then another Jefferson nickel in 1997 again with a matte finish and issued in the Botanic Garden commemorative set of the same year, both of these coins bear the P mint mark. 1998 s matte finish silver Kennedy a half dollar is another SMS coin that was issued in the Robert F and John F Kennedy commemorative set of that year. There may be others but these are the ones I am familiar with.

https://www.youtube.com/watch?v=JbKsIMnFATg Welcome back! In commemoration of the 225th anniversary of the Philadelphia mint, they have decided to make a bold move and offer a one year type Lincoln cent with a physical "P" mint mark. Watch on and find out the repercussions and benefits of having a single year coin that never had a P mint mark before.Check Your 2017 Lincoln Pennies For Rare Varieties - Mint To Feature "P" Mintmark for 2017 Only!

https://www.youtube.com/watch?v=8VkyL7u2d3c   INCREDIBLE 1976-D Bicentennial Quarter Struck on Copper Penny Blank - Wild Contrasting Error!

5 Things About Eisenhower Dollars Every Enthusiast Should Know

Modern coin collecting can be confusing sometimes with the wide selection of coins to choose from and almost as many opinions about those coins as coins themselves. One can rarely go wrong with a few Eisenhower dollar coins though, an affordable icon of not only American presidential history, but of American conquests to space too.                     The First Five Things Any Coin Collector Needs to Know about the Eisenhower Dollars 1. Why was the coin made? The year was 1969. Federal legislation at that time sought to create a circulating dollar coin which would commemorate Presidents Dwight D. Eisenhower who had died earlier that year. Also, the coin was meant to commemorate the Apollo 11 space flight, which marked man’s first steps on the moon. The result? The Eisenhower dollar coin. A modified bill was eventually passed on December 31, 1970 and production of the coins began forthwith. 2. What did the coin look like and what was the significance of the coin? The Chief Engraver for the United States Mint, Mr. Frank Gasparro himself, designed both the obverse and the reverse of the Eisenhower dollar coin. The obverse side of the coin bore a profile bust of Eisenhower with inscriptions “Liberty”, and “In God We Trust”, and the date. The reverse side of the coin was actually based on the original mission insignia from the Apollo 11 space flight. The idea to commemorate these two events together was deemed particularly appropriate by Congress since the space program began under Eisenhower’s administration many years ago. The reverse design of the coin featured a bald eagle landing on the surface of the moon, carrying an olive branch, with the Earth visible in the background of the coin.  3. Was that the only style for the coin? No. Though the obverse side of the coin always stayed the same, a different reverse design was introduced for the 1976 Eisenhower Dollar to celebrate the bicentennial of the American Revolution. In fact, many American coins had special versions of their original style made in 1976 for this very reason, and the Ikes were no exception. The design was done by Dennis R. Williams and it featured an image of the Liberty Bell and the moon both. The second element paid tribute of course to Gasparro’s original design, while the bell was included as a symbol of the liberty and freedom that was fought for in 1776. 4. What was the coin made out of? Eisenhower Dollars were always struck for circulation (meaning they were meant to be used as actual currency) using the copper-nickel clad composition that was very common at that time. This was the same composition used for circulating dimes, quarters, and half dollars in fact. The composition itself consisted of an outer layer of 75% copper and 25% nickel, bonded to a core of pure copper metal. The resulting net composition was 91.67% copper and 8.33% nickel all said and done. 5. Was that the only composition? No. Actually, as provided by the authorizing legislation that was put in place when the coin was first approved, Eisenhower Silver Dollars were struck for collectors. To start with, a quantity of 150 million silver dollars was authorized for production over a four year period of time. These coins had an outer layer of 80% silver and 20% copper and an inner layer of 40% silver and 60% copper, a very common combination for collectible coins of that era. The resulting net composition was 40% silver and 60% copper, with a total silver content of 0.3161 troy ounces per coin.

Group campaigns to see Andrew Jackson replaced on $20 bill

http://www.aol.com/article/2015/03/07/group-campaigns-to-see-andrew-jackson-replaced-on-20-bill/21150810/  George Washington sits on the $1 bill and Abraham Lincoln is on the $5, but have you ever wondered why Andrew Jackson is on the twenty? According to Biography, "no one really knows."

So maybe it's time to switch it up? At least that's the aim of the organization Women on 20s.

The Washington Post talked to the organization's executive director who said Andrew Jackson "would be rolling in his grave to know that every day the ATM spits out bills with his face on it."

"It's pretty ironic to showcase a president who hated paper, as he trusted on the hard stuff, gold in silver," reports Biography.

But the group's goal isn't just to get Jackson's face off the bill. On its site W20 writes, "We believe this simple, symbolic and long-overdue change could be an important stepping stone for other initiatives promoting gender equality."

Now, Sacagawea, a woman, is on the dollar coin, but no woman has ever been featured on paper money.

The group has provided a list of 15 possible candidates, including Susan B. Anthony, Harriet Tubman, Eleanor Roosevelt, and Rosa Parks. The idea has at least one legitimate backer.

"A young girl wrote to ask 'why aren't there any women on our currency.' And then she gave me like a long list of possible women to put on our dollar bills and quarters and stuff, which I thought was a pretty good idea," President Obama said.

But why choose Andrew Jackson, the man of the common folk, to kick to the curb, other than his supposed hatred for paper money? Well, for one, his extremely controversial decision to pass the Indian Removal Act of 1830.

"The result was that they were rounded up at gunpoint and forced to move. Their property was seized. ... On the Cherokee's forced march about one out of every four died en route which is why they call it The Trail of Tears," reports History Channel.

Jackson was also a supporter of slavery - something many of the women who could potentially take his place on the twenty fought to end.

And while there seems to be a decent amount of support to replace the portrait on the $20 bill, not everyone is happy with the list of candidates. At least one is a bit controversial; Margaret Sanger founded Planned Parenthood, which provides family planning services including abortions.

We will note, however, there's nothing to say Andrew Jackson will actually get the boot.

But in 2013 a similar campaign was successful in Britain, putting English novelist Jane Austen on the 10-pound note. "I think it's important to have both sexes represented," said one citizen.

 I thought this was kinda neat and as a Maryland resident I thought I should

add it to my collection. 2003 A $2.00 STATE BILLS." MARYLAND " UNC.

Government spends twice what coins are worth in minting

CENTS INSENSIBILITY

PENNIES FROM HELL: CHANGE WE CAN'T BELIEVE IN

Government spends twice what coins are worth in minting

The cost for the U.S. government to produce pennies and nickels is more than the face value of the coins, a government watchdog points out.

Judicial Watch, in a statement Wednesday, called it an “egregious waste” and a “fleecing.”

The U.S. Treasury’s practice, Judicial Watch said, “means hundreds of millions of coins have been sold well below cost.”

“Incredibly, the government has knowingly done this for at least eight years and actually documented the egregious waste in several reports though nothing has been done to stop it,” Judicial Watch said. “In fact, both the Treasury and the Bureau of the Mint have extensive documentation on this, yet it continues today.”

Judicial Watch cited a 17-page 2012 U.S. Treasury report that presented the key information in the closing paragraphs.

“Challenges also exist with coin production,” the report said. “In recent years, the [U.S.] Mint reported that the cost of producing penny and nickel coins were double their face value and that metal prices have caused the production costs to be higher than the coins’ face value for the past six years.”

See the huge selection of financial advice in the WND Superstore, from Dave Ramsey’s “Smart Money Smart Kids” to “The Money Masters,” “I Want Your Money” and “The End of Money.”

The report said Treasury “also suspended production of the dollar coins to save money in production and storage costs due to excess supplies on hand and low demand for the coins.”

Judicial Watch commented that if “a private business operated in this manner, it would surely go broke in no time.”

The buried reference to the cost of producing money was noticed by a lawyer who brought it to the watchdog group’s attention.

“The audit also mentions the boondoggle surrounding the suspended dollar coins. Low demand and the high cost to store the excess supplies led the Treasury to stop making them yet in fiscal year 2011 production costs of the unpopular dollar coin were about a fifth of its value, according to the report,” Judicial Watch said.

The organization said Treasury is “well known for its transgressions not to mention wasting public funds.”

Earlier this year, Judicial Watch found Treasury paid an upscale public relations firm $112.7 million to promote money.

The Treasury Department’s Bureau of Engraving and Printing paid to educate the public about the redesign of the $100, $50, $20, $10 and $5 notes.

Judicial Watch said American taxpayers received in “the fleecing” to promote an established product that needs no promotion “education materials on the new bills in 18 foreign languages, awareness programs aimed at domestic and Latin American markets, stakeholder and media outreach and an interactive website.”

The U.S. produced 6 billion pennies in 2012 and more than 7 billion in 2013, with a combined face value of about $130 million. About 1 billion nickels were made in 2012 and about 1.2 billion in 2013.

        Found this on the internet and was so fascinated by

                           it I had to share with you collectors.

            

Change The Way You Look At A Dollar Bill

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Lets see if you can tell me when is a pound not 16 ounces?  Answer later if anyone doesn't know.Here is a silver trading unit for silver 31.1 grams .999 fine silver

Troy weight is a system of units of mass customarily used for precious metals and gemstones. There are 12 troy ounces per troy pound, rather than the 16 ounces per pound found in the more common avoirdupois system. The troy ounce is 480 grains, compared with the avoirdupois ounce, which is 437½ grains. Both systems use the same grain defined by the international yard and pound agreement of 1959 as exactly 0.06479891 gram. Although troy ounces are still used to weigh gold, silver, and gemstones, troy weight is no longer used in most other applications.