Sunday, January 15, 2017

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!

Thursday, November 24, 2016

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

Friday, November 11, 2016

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.

Saturday, March 7, 2015

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.

Thursday, October 16, 2014

 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.

Wednesday, October 15, 2014

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.”
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.

Tuesday, August 12, 2014

        Found this on the internet and was so fascinated by
                           it I had to share with you collectors.