Coins

1928 Peace Dollar

ikonono — Wed, 30 Jul 2008 21:09:00 GMT

Here on iTaggit, we have many successful coin collectors who have some pretty amazing collections. There are some collections that the owners have made public, but many others that remain private for personal reasons. Luckily for all of us, user mgood has made his coin collection public! I had a chance to browse around a bit and found a very nice coin that exemplifies the appeal of coin collecting.

Pictured at right is a 1928 Peace Dollar, straight from mgood's collection of US coins. It is in mint condition and has never been in circulation. It is amazing to me that something worth only $1 at face value is worth $570 after only 80 years of appreciation!! This is the kind of return collectors look for on their items, and much of the reason for collecting these types of things in the first place (aside from that warm, fuzzy feeling you get when you finally have found that last piece that completes the collection). To view the collection, just click here!

If you would like your item or collection highlighted, feel free to message me or go ahead and blog about it!

Happy collecting!

Chris

Ancient, English, Foreign Coins, Commemorative Medals Auction on June 26th

ExpertUser — Thu, 29 May 2008 20:03:00 GMT

Spink Auctions is hosting an auction for coins and commerative medals on June 26th. They accept in person, online, or written bids for their auction items.

They have been in the auction business of coins since 1703 and are based in the UK. Information about this auction are in the video below:

Morgan Silver Dollars for Sale

jesruss9 — Sun, 13 Apr 2008 07:41:00 GMT

I would like to sell my collection of Morgan Silver Dollars. I am havin trouble finding a coin dealer or collector who would like to buy them. I have 7 of them with dates from 1880-1921. Some have mint markings. I have an 1880 with an S mint mark, a 1892 with an O mint mark, a 1904 with an O mint mark and a 1921 with an S mint mark.

Mint Offers Peek at Next Dollar Coins

kborg1 — Fri, 28 Dec 2007 17:10:00 GMT

Coming soon on new presidential dollar coins - Old Hickory, Old Kinderhook, Old Man Eloquent and the Last of the Cocked Hats. The U.S. Mint, the maker of the nation's coins, unveiled yesterday the stately images of the next four presidents whose faces will appear on the front of the shiny gold-colored dollar coins next year. James Monroe, John Quincy Adams, Andrew Jackson and Martin Van Buren will be the new additions to the presidential dollar coin series that started with George Washington in February. The presidential dollar series is modeled on the Mint's popular 50-state quarter program, which lured millions of Americans into becoming coin collectors. More than 800 million presidential coins were put into circulation in 2007, the Mint said. Those first four coins carried the images of Washington, John Adams, Thomas Jefferson and James Madison.

Monroe, the nation's fifth president who was nicknamed the Last of the Cocked Hats - a reference to the hat worn by soldiers of the American revolution - will be the first of the 2008 presidential coins. The Monroe dollar coin will come out Feb. 14.

Adams, the country's sixth president was nicknamed Old Man Eloquent because of his long speeches. The Adams coin will be put into circulation May 15.

The dollar coin bearing the likeness of Old Hickory, the moniker for seventh president Andrew Jackson because of his leadership in the War of 1812, will be rolled out Aug. 14.

The Van Buren dollar coin, honoring the eighth president, will come out Nov. 13. One of Van Buren's nicknames was Old Kinderhook, a reference to his hometown in New York.

Like the quarters, the dollar coins will feature changing designs - four new presidents each year in the order they served in office. The president's faces are on the front of the coins, while the backs feature the Statue of Liberty. Some of the lettering, including "In God We Trust," was moved to the edge of the coins. For more information, check out the original article here. It is easy to use iTaggit to organize collections of coins as well as value your collectibles. Just add them into our “What's My Item Worth” collection, or try out our new Live Assist feature for instant help.

Possible Largest Historical Shipwreck Coin Recovery

kborg1 — Mon, 17 Dec 2007 19:06:00 GMT

There have been multiple ship wreck discoveries in 2007 that have yielded large amounts of buried treasure, so to speak, but the code-named “Black Swan” is one of the most impressive. Odyssey Marine Exploration, the world's leader in deep-ocean shipwreck exploration, has recovered 500,000 silver coins, which weigh more than 17 tons, hundreds of gold coins, worked gold, and countless other artifacts. If the results of the conservation and documentation are consistent with speculation, this recovery will constitute the largest collection of coins ever excavated from a historical shipwreck site.
“Our research suggests that there were a number of Colonial period shipwrecks that were lost in the area where this site is located, so we are being very cautious about speculating as to the possible identity of the shipwreck,” said John Morris, Odyssey Co-founder and CEO. “Nevertheless, we have treated this site with kid gloves and the archaeological work done by our team out there is unsurpassed. We are thoroughly documenting and recording the site, which we believe will have immense historical significance.” Although your personal coin collecting might not produce 17 tons worth of material, it is still prudent to manage your collections for future purposes. Good luck finding buried treasure of your own!

One Hundred Million Pennies For Your Thoughts

kborg1 — Tue, 11 Dec 2007 15:54:00 GMT

As the old saying goes “A penny saved is a penny earned,” but the children of New York City took their coin collecting to a whole new level. Hundreds of thousands of city students representing more than 800 public schools in the area spent their weeks between October 22 and Thanksgiving collecting pennies door to door. The outcome is being displayed in Rockefeller Center near the famous Christmas tree.”The Penny Harvest Field” was designed by architect James Polshek and is approximately 30 feet by 165 feet, or roughly as long as a city block. The value of their collection is estimated at around $1 million, or 100 million pennies plus a few other coins that might have slipped in. The exhibit is the outcome of the 17^th annual Penny Harvest hosted by the nonprofit organization Common Cents. Their national education program is designed to teach children about their contributions to society, and after the first of the year, the money will be donated to charitable organizations of the children's choice.

Rare American Coin Collection Sold For $30 Million

kborg1 — Mon, 19 Nov 2007 20:13:00 GMT

According to an article from the Associated Press, an anonymous buyer has paid more than $30 million for a collection of rare U.S. Prototype coins, some from the 1700s, that never went into circulation, according to Laura Sperber, a partner in Legend Numismatics, who brokered the deal. The collection consists of around 1,000 coins that collectors refer to as pattern coins. They all have trial designs on them that never went into production because the U.S. Mint chose others. Gathering such a large collection of pattern coins is difficult because so few were created in the first place, and they were usually supposed to stay in the possession of the Mint, since they were, after all, the rejects. It took the seller about ten years to assemble the coin collection, which spans the period from 1792 to 1942. Highlights of the collection include test designs for the first pennies made in 1792 and six coins from 1872 that are often referred to as “Amazonian” patterns because the female figure portraying liberty is much stronger and regal looking than in earlier versions.
Until 1909, when Abraham Lincoln's face was immortalized on the penny, presidents weren't allowed on coins because, at the time, putting the nation's leader on a coin seemed too similar to the practice of kings being displayed on European coins. “To put an individual on coinage was considered very unrepublican because the people have the power in a republic,” said Douglas A. Mudd, Curator of the American Numismatic Association Money Museum. That wasn't considered the best example for a country less than a decade removed from the Revolutionary War. For more information, check out the original article.
Perhaps the new buyer, who preferred to be referred to as Mr. Simpson for security reasons, will post his new collection to iTaggit and let us help him organize his valuable pieces. 'Til then, be sure to post your coin collection to our gallery, and if you need help with appraisal estimates, enter them into our “What's My Item Worth” collection.

Coins Are A Common Language

kborg1 — Thu, 15 Nov 2007 18:20:00 GMT

If you collect coins, I found this great blog called World Coin News. Jolan is from Bilbao, Vizcaya, Spain and writes “the aim of this blog is to inform about the releases of New World Coin Types. I will post information about legal tender coins only.” As I scrolled through several of his posts, I noticed the striking differences between countries' chosen images on their new coins. Some have animals, others have figures of royalty or of great importance, and still others simply have the monetary value on them. Click here to check out Jolan's blog and let iTaggit help you organize your coins to share with the world.

Coin Collecting A Fun And Rewarding Hobby

nortonj — Sat, 23 Sep 2006 18:17:00 GMT

Catherine Olivia

Collecting coins is a hobby that can be enjoyed by anyone of
any age. A lot of coin collectors started as children, with the
help of their parents or grandparents collecting pennies or
dimes. For some coin collecting can become a lifetime hobby.

There are various reasons to collect coins. Some people collect
coins from a specific period of time, some collect coins based
on perceived future value, some collect coins based on type of
metal, some for historical value. Some people happily collect
more common everyday coins, going through their pockets at the
end of the day for them is fun, checking dates and mintmarks on
their change. Some collectors can spend thousands of dollars on
rare silver and gold coins from the 1800's and early 1900's.
Some collect coins from different countries.

With any new hobby comes the learning. As coin collecting is a
hobby involving an outlay of money for coins from the start,
it's best to join a group to get help from experienced
collectors. You will need someone to buy the coins from, and it
can be difficult to find a reputable coin dealer. Someone who
has been coin collecting for years can help you choose a
knowledgeable and honest coin dealer. You'll need to learn
about the value of different coins. This can be done by
following what coins are being sold for, and what dealers are
paying for coins. You will need to be shown how to assess the
true value of a coin which can be based on many factors such as
age, mintmark, and condition.

The mintmark of the coin can usually be found near the date and
on newer coins the mintmarks are as follows: "P" Philadelphia,
"D" Denver, "S" San Francisco,"W" West Point New York. Older
coins may show the following mintmarks: "C" Charlotte North
Carolina, "CC" Carson City Nevada, "D" Dahlonega Georgia, "O"
New Orleans. It's interesting to note that from 1793 to 1838
the only mint in operation in the US was in Philadelphia and
coins from these years have no mintmark.

As you become a more experienced coin collector your "eye" will
mature and you'll be looking more closely at details like the
lettering on a coin, making sure the letters are still clear
and not worn down. You'll pay attention to the general
condition of a coin, and you may stray away from coins that
have a lot of obvious wear and tear. These are a part of
grading a coin. You'll learn to look for minting errors which
can make a coin quite collectible. For example a three legged
buffalo instead of a four legged one, or perhaps an
off-centered image.

As with any hobby, the more you learn about coin collecting the
more you'll be able to enjoy it.

About The Author: This article courtesy of
http://www.gold-coins-guide.net