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What are Lathe Rings?

lathe rings on lincoln cent

Lathe Rings Definition: These concentric rings are produced by a lathe which shapes the cone-shaped face of the unfinished working die.  The cone is supposed to be polished smooth before hubbing. If polishing is omitted or inadequate, the surface will remain covered by concentric lathe marks which will not be erased by subsequent hubbing. Concentric rings can be seen […]

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Gold and Silver Price Continues to Rise

gold price

Gold and silver futures retreated from 14-week highs but they still extended their string of weekly wins — three for gold and seven for silver. On Friday, gold for April delivery shed $2.50, or 0.2%, to settle at $1,239.10 an ounce on the Comex division of the New York Mercantile Exchange. “Gold is close to

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Circulated or Uncirculated Coins

Circulated or Uncirculated? Proof or No Proof? Numismatic coins fall into one of two basic categories for quality: circulated and uncirculated. Circulated coins exhibit wear, whereas uncirculated coins do not. Uncirculated coins tend to be more valuable, causing investors and serious collectors to focus their efforts on acquiring the uncirculated alone. Numismatists are trained to

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Doubled Dies – What are they and how much are they worth?

doubled dies

Doubled dies or the “doubled die” variety, is one of the most popular die varieties for collectors.  Because doubled dies are so popular, there is a lot of information out there about these varieties and they are often seen for sale on internet auction sites such as Ebay.  Unfortunately, not all of the information out

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Possible Real 1964 D Peace Dollar

real peace dollar

Here’s a great video on a possible real 1964 D Peace Dollar possible real 1964 D Peace Dollar  Peace Dollars (1921 – 1935) Peace Dollars – In 1921, the Silver Peace Dollar was released, the same year the Morgan Dollar was discontinued. Peace Dollars are limited in supply and are very rare Silver coins. Created

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1945 Double Die Reverse Jefferson Nickel FS 801

1945 Double Die Reverse Jefferson Nickel FS 801

1945 Double Die Reverse Jefferson Nickel FS 801 Short video featuring the 1945 double die reverse Jefferson Nickel.  The Jefferson nickel has been the five-cent coin struck by the United States Mint since 1938, when it replaced the Buffalo nickel. From 1938 until 2004, the copper-nickel coin’s obverse featured a profile depiction of founding father

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Wrong Planchet Errors or Off Metal Errors

wrong planchet

Examples of Wrong Planchet Errors and Off Metal Errors on Coins. [sgmb id=”1″]   Leave us a comment if you’d like! Off metals and wrong planchet errors occur when a blank from one denomination is accidentally fed into a press for another denomination. Examples are a nickel struck on a cent planchet and a cent

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Guide to US Coins

Guide to US Coins A U.S. type coin set offers collectors an opportunity to show their individuality. Ultimately, this set should be fun and rewarding to build. But what exactly is a type set? This set should contain one coin of every major design and metallic composition within a series. It is arranged by denomination

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Wide AM and Close AM Lincoln Varieties

wide-am-vs-close-am-lincoln-memorial-cent error coins

So, what exactly is a Wide AM and Close AM Cent?The terms Close AM and Wide AM refer to the spacing between the letters ‘A’ and ‘M’ in “America” on the reverse of the Lincoln Memorial Cent. The terms generally refer to the different die varieties of 1992, 1998, 1999 and 2000. From its introduction in 1959 through 1992,

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Where to Sell Coins – A Guide to Making Money From Your Money

where to sell coins

Where to Sell Your Coins First things first, if you haven’t glanced at our Beginner’s Guide To Coin Collecting – You MAY want too. Otherwise, read on good friend! Secondly, DO NOT Clean Your Coins! Cleaning them automatically makes them worth less. A coin with a few small dings that has not been cleaned is worth

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