United States Mint circulating coin output fell to the lowest monthly total of the year 2016 in the month of December. Only 696.8 million coins came off the presses at the Philadelphia and Denver Mints. This weak performance left the circulating coin production total for the entire year at just over 16 billion, a decline […]
[sgmb id=”1″] The global financial system continues to groan under the strain of the accumulated weight of trillions of dollars worth of debt and derivatives, which have built up to even more fantastic levels than those that precipitated the near collapse in 2008, thanks to the policy of solving liquidity problems near term by creating
Coin Grading Coin grading is the process of determining the grade or condition of a coin, one of the key factors in determining its value. A coin’s grade is generally determined by five criteria: strike, preservation, luster, color, and attractiveness. Several grading systems have been developed. Certification services professionally grade coins for tiered fees. As
Last week, the United States Mint introduced one new numismatic product: their proof set of clad 2023 American Women quarter dollars. Not surprisingly, it was the U.S. Mint’s top weekly seller. Released on March 21, with quarters honoring Bessie Coleman, Edith Kanakaʻole, Eleanor Roosevelt, Jovita Idar, and Maria Tallchief, the Mint’s set scored six-day starting
A rare copy of Raphael Thian’s “The Currency of the Confederate States of America: Its Issues, Types and Series” is expected to bring in excess of $50,000 in Kolbe & Fanning’s 2017 New York Book Auction. The sale will be held on Jan. 14 beginning at 12:30 p.m. EST at the Waldorf-Astoria Hotel in conjunction
COMMON COIN TERMS As you get into the wonderful world of currency searching, it is important to understand some of the common coin terms used in the hobby. Below is a table of the common coin terms and definitions. We add things to this list as necessary, it is obviously not a hugely extensive list
Common Coin Terms for Collecting and Coin Searching Read More »
Lincoln Cent Design Varieties Unlike the Transitional Design Varieties in which a coin design is used in a year when it shouldn’t be used, the Wrong Design Varieties have a coin design being used in the correct year, but on the wrong type of coin. The instances that we are aware of have occurred in
New World Coins To mark the milestone, the Mint of Finland has unveiled a silver €10 coin and a gold €100 coin honoring the theme, each due for release on Jan. 3, 2017. The Proof .500 fine silver coin features designs created by schoolchildren. The obverse features 15-year-old Saara Peltomäki’s design of Finland surrounded by
Current facilities There are four active coin-producing mints: Philadelphia, Denver, San Francisco, and West Point. Philadelphia The Philadelphia Mint The Mint’s largest facility is the Philadelphia Mint. The current facility at Philadelphia, which opened in 1969, is the fourth Philadelphia Mint. The first was built in 1792, when Philadelphia was still the U.S. capital, and
Parts of a Coin The coin shown below is a 1952 Franklin Half Dollar. Knowing the coin anatomy terms are the basics when talking with other collectors or dealers. Certain terms such as the motto, date, mint mark, designer’s initials, and denomination are located differently on different coins. Study and know the lingo well. Date
