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ele 4 ¥ COIN PRICES JUNE 2019 ee AO) mh DENOMINATIONS High Risk or High Reward? eB diate) A Lot to Like SENG area ue Cee Te es) WHERE DO THE eT SEE PRICE GUIDE @ COINS FOR COLLECTORS 0} ee ee $y remakes eons yal cane et on eae ll Saat Ete 4 sitar, Ae ceaREE oe a se Bus au He sie Sai Bee ve a eee ghia? es aues_ Eeeaa! RaNaaE, hae te aie Beye See Mion =e i ste he Hie ait Si ee mT Se Ee el aaah So emanates et HC MAN bite AE, aE se gees 8 i aeaat? Semele Ye adlt Hien? Sera Mince © ts SIE Fy ag era Si Rarde dud Site gy Suimaiat a see gree ce oY Bg Mt ain teen 8 TRS agg as ar aaa 2h nEES, cesemdassesdans SSS eS ESTES SGRe f aca? sma 95 Hit its 8 pod ga tau et oer as ns fanaa” WE eae ie aes NS ys nea Se eer eitinie eatin oo Piaees™ eguee oY ay ee sn Bieri TE ni oa woes WERT daa ae, divae # ‘seeGebteeteESeane Seakeadl ESEREERS “Si : oe ‘Beaeact eFe = AS we a > NET we ag Tie ate Sean a i saa2 ear me 6 ae ‘3 ere TF jeaooaebs vied = saabeSat ‘3 i : i : : i i ; i i i tee ES eheE: eg ESE uu 3 i uy AB ep we 0 ee e sme ae TPT Bfaane” aliegecth 1p an a gee a ee | oe oe sea oe sae ‘as whinge —S* teen nar Eel! cat seen eee ESE pint Bi aHSSSSERERARRECCMRRREEE _aesesatnsaEeE: 225: He Ae nee a EE eee at Ee, a “ ees sos NS SE eae as ee HL i Eee clorme 8 Condlions Poet OD nactenees ie - i I aa od eas Tt eke Lara eit er cnn rl oon reauet Sil FW ciniaie de : WEST Avail Yourself to a Great Selection Of Quality Coins at Competitive Prices! Log on to www.coastcoin.com Check out /000’s of coins and notes - and sign up for our daily eBlast of “Newps”! 1652 Massachsetts Pine Tree Shilling PCGS. XF-45 * Small Planchet ‘A great piece of our colonial history! Only $6,495.00 #232264 1919-S Walking Liberty Half Dollar PCGS. MS-64+ A beautiful example ofthis scarce date. Only $12,500.00 232260 1793 Wreath Cent PCGS. VF-35 © Lettered Edge ‘A first year Large Cent. Secured in an old ‘green label’ holder. Only $19,500.00 #230856 1883 Trade Dollar PCGS. PR-67 A beautifully toned & virtually flawless example of this scarce proof-only date. Only $19,995.00 z226071 1873 Two Cent Piece PCGS. PR-66 RB * Open 3 Rarer than the ‘Closed 3’ variety with a mintage of just 500 coins Only $7,995.00 227864 A) 1393-5 Morgan Dollar PCGS. AU-53 Strong detail with lustrous surfaces. The ‘key’ date in this popular series. Only $22,500.00 232248 1924-D Standing Liberty Quarter PCGS. MS-66 FH ‘One of the most challenging issues in the series to find well struck and the stike (on this example is incredible. Only $8,775.00 2227571 1881 $3 Gold Coin PCGS. AU-58 Very scarce with a mere 500 coins struck This example has flashy luster & sharp detail Only $11,250.00 sasz201 ‘COMPANY POLICY ‘nde 800 postage &nandg wa res und $500. Fre sipplog o adr of $500 er more. Alles central quae enue. ‘Ys, Maser, Décor, Amacan spe, checks and mney odes axed Order Toll Free Coins Coles Vol. 66, No. 6, June, 2019 PUBLISHER Conime Zier HATE EDITOR Hannan Wiscreyer ONTENTEDTOR kin Farka SENIOR MAET WULYST Renard ecaye (GRAPHIC DESINER Acces Vos Fs CONTENT ECOMMERCE COMPRAY Chet cut Grpoe J. Osbery SF, Gaver Mange FF At ng, Cons a Sal crest Gp Rey Chet ung Deen Fs tomato James Woatam \P, cercumar Marg tn Phan Dit son Reon \W, Prac Mangement Pot Pages ves SLAY ADNERTISNG SALES caLLeo-srscsss \W ADVERTISE SALES Kevin 0. Sn /DVERTIONG SALES FEPFESENTANES ‘At vege sp ungerabamess.con-715.18-008 PADVERTSNG SLES ASSISTANTS Pat ers, patireberstrwectacom reais to any adr sas sta moe SELF-SEIMIDE CLASSIFED ADMERTING TOR AND AOVETINNG OFFICES 5225 Joams Oia, Sut 2 Stevens Point WL, S481 ‘Woo Ste: na.oiemagszne net Ca SURSCAIPTIONSERMCES How the T(ides) Changed for Roman Coins ren EyaAV ae cay By Male PO. Box 421751, Palm Coast, FL 22142 ere eree le EM CR a Mapes osrearen foe eces ey Slee nege tee eee tesa ony 730 Five od, Now hon NJ O7886 ee Fre an so re Fax 6-000 re ones copyright 2019 by Fe: Me. Ie: sc to aetepeived Facer of ars ars oars rogtres tracer of Petree re Cans apa (SSN e010 Gira pblaed monty by Kasse Publier, Mast Et tata re, S88 So Bi ‘Bite Sven ol 3s Ponsa foge peat eriaeree Tips for Novice Collectors. POSTMASTER Send adres chang fo Coins PO. ea Boe sisal a Coat Pastas Sw ae and ee ae pee antes enna See ee . _ Simaperlicr ie ee {ypograptical errors that may appear in prices or Pore lpretanlity sollann ote eee ease oe eae Sao eee : q Fei epoca PMmery RCC Sroquect ntxmaten ard Leameg CCU Rs lad [w QUALITY COINS FROM JACK H BEYMER Allfive- and six piece type coin sets are housed in custom Capital Plasics holders: the coins grade good or better. EARLY TYPE CENTS Be EARLY TYPE NICKELS mg sie moun eno see en mr.a sre ‘revtosyvepise_sestoon“anaase "ope ene weniea wring miss) 1a SET FOR $87.50 SET FOR $53.00 EARLY TYPE QUARTERS aD EARLY TYPE ODD DENOMINATIONS use wer Pree sven, wea cent Wate | Su ‘hi ‘o semen Pace Aes AGNES, ote Ame ee | Ste uo |RSS asesem Vaden irsara saree ‘SET FOR $220.00 SALE es SET FOR $315.00 MORGAN DOLLARS ‘MORGAN DOLLARS MORGAN DOLLARS tee um raps =e ‘su "= a Gs ast test Sm) aes) rsd 300 500 Wereavze aes" Seep Seon cs.) msi tas See 4m ‘Boo 188 S50 Ged Hes) rere i9 SD ash GED 650 GEDD 17 SLD 78 20) so) BO Oa Aw fom ba 00 as 63 Waren 23500 aco END 40018483 685018899 00 az) ag Saas Naan are tak sean fant e500 ‘03 “50 A Msi 6s) Soa S60 10) a rece asi a50h wt asa at Haa0 Sa fsoo0so0 179 210 foun be tins“ 'sna) stan S600 ata Tra ae “Tim dean toao sso 2005029000 seeso tense “ens ine ‘Seop p0 ram roteo ooh Top 7250 step sias0 enon Som 383) saso “Seah sto0 ‘S ea) He emp anss 82 Oe Sots aa as ' Ee EEE vai dies a At aS "OTR ood on Baga Oe 7 ee a eee Sin aon wa swrsaitn33 tan 0 em 500 sean escoazrsd a ene = 28 a an iS 38 4s vo Sa oi go ani 2B OB U8 BR ai is 8 3 si00 Sas0 188 eS. “s260 caso stat = a oS cued he we Ha gee wa saben seid Oe Eo a ae voy al a a EEE a mom wot aaa da aie ina 8 aes as ee 82 B88 vms0 1480 ‘3120. 4816, i Sa we wee 5) 5605 coat woss to ‘San 50 ims a Fe EB ee en mm | IBS BO ga a0 ‘isha = Cees oe isis Te an 20) 60) ea 2g 29 68 osm fer BS ee tin aa ag'th aa ag aggee 3393 vecines nS SE 288 soi BE nb 2388 wlianl wah eee ee ee 35 BS ans a yy oo Be GE ES BE TaBt en ‘ea Pheer ee 158 oe wines = te 588 8 fai oni ag BR 8? BE seas he OBS e BE S28 a8 83 68 83.28 a9 oll aw He ooo te ee Oe Te ge ae ae oS EQ SR gS ES RE USER OBE oo xn eS ee eS ee oe ee aes RPE RADE ron oy TTD oe ea as ORO SENET eso ake ov nays aver nara har ney a a oh OBA MMDUMG Ca) RT PRM rer ut ya brag 4 RAST oir AE eshO as Neko to Danek bene RENGFIE RE MRE com ec HE Mo MS - ‘ester Sexe Eke PES JACK H. BEYMER {HOD St Sant as, A ab) Yr AGATE Sat TSS 00+ Me te beware a Spotlighting the Hunt 1905 nickel! fetes ok at my chanue when Tas ng the grocery store. It can't be classified as uneirculated; however, this 1905 5-cont piece looked it Took it toa reputable coin dealer to have them classify it. Everyone in the place wanted to purchase it ftom me. 1 just wanted it graded. Their judgements put the 1905 at ‘MS6¢ or 65 and valued it around $400 as per Coins Magazine, March 2019. Not bad for a circulated coin that some kid probably robbed out of his dads coin collection. You gotta keep looking at your change. Dave Sandy, Uiah 1 bought an old piggy bank at an estate sale because you could tell it was old and it had change in it. There is no hole in the bottom, so getting change out will be a challenge. Hour and a half of picking later, 1 had two war nickels, one silver dime, 89 Wheaties (the oldest 1929-S), and 33 Memorial cents Goes to show you never know: Name withheld Algona, low {In bank rolls of pennies from a bank, I found a 1976-S proof penny with doubling in the date and IN GOD WE ‘TRUST, as well asa 1986-S proof penny with doubling in the "6" of the date and an S/S repunched mintmark, slessie A. Boges Second Creek, WH. ‘The oldest finds I've had for each denomination were an 1875 Indian Head cent in Good; a 1900 Liberty nickel in About Good; a 1919 Mercury dime, @ call as it was damaged; a dateless Type Standing Libery quarter that [actually saw on the ground walking home (it had been unearthed by construction activ- ity); 1906-0 Barber half in About Good (an oddball find froma roll. figured if 1 was only ever going to find one Barber half dollar, it was good fortune to have gotten one made at the New Orleans mint); and a 1971 Eisenhower dollar a ‘customer paid with, Vachon Online comment My Coinstar “oasis” isa real wonder. Not counting the 600 pounds of coins people put in the machine or the “left ‘overs"I found 52 cents (two quarters and ‘to conts) and a wire ring with no value. However, I shall keep looking for more. Itis worth the look. Rod Trower Northfield, Vt Thave written twiee before. This is the second time about a Lincoln cent. The first was a 1947. This one is a 19S8-D in VF-XF. Brown in color. 1 do enjoy finding older coins. It makes me think of where I was then, and how old, and what my life was like. Philip C. Dedugustino Hemet, Calif 1 recently found @ 1997-D Lincoln penny in the leave-a-penny, take-a-penny at my local Casey's store. It's a gold color, and it has a stamping imperfec- tion on the tails side. Have only seen one ‘other first-run coin in 2006; a cashier at a ‘convenience store showed me a first-run ‘quarter. She wouldn't sell i Name and address withheld 've had four significant circulation finds, all in the late fifties and carly sixties: 1916-D dime (F+), 1942/41 dime (XF), and (2) 1955 DDO (MS) Gary Werner Si, Louis, Mo. Today I found my second Indian Head ‘cent of the year. This one is an 1890. It 5-cent piece worth $400 turned up in change isa very nice sample with just nies wear, My first was an 1881, and that one is very nice also, I feel great about having two Indians in two months, Bob Atwater Conway, S.C. Last September (2018), I was in MeDonald’s to get a cup of coffee and abite. The young lady [was] a eashier in training (the manager was standing next to her). When I looked dawn at the cash drawer, there was Ben Franklin staring back at me! asked the cashier while the drawer was open if they wanted to exchange any half dollar coins. The manager grabbed the two in drawer and turned them over to see they were indeed half dollar coins: a Kennedy clad and that Ben Frankiin silver 1963-D. T was all but giddy with joy at my fortune and somebody else's loss. Silver has been out of the news, and people are spending their inherited coins without «getting them properly assessed. Oh well Fifty-five years ago, I spent a 1963-D Franklin silver half because they were common and I was 13, not knowing that a future planned would have been more profitable, Wesley Ellis Portland, Ore. [An] 1829 10¢ and [an] 1829 S00, lucky me! Great condition, too! Corky Ont Address withheld An 1857 Flying Eagle (in change). Well worn, but readable. Steve Gi Sylvia, Just recently I have been roll seareh- ing, and I opened a roll of nickels and found 29 Buffalo (Indian Head) nickels ranging from 1915 through 1937, One \was a 1926-S in G-4 condition, COINS JUNE 2019, All had dates. All ranged from G-4 10 F-12 condition, Name withheld Warminster, Pa. In 1970, I was looking for the 1970-S small date cents in the Los Angeles area. It was almost impossible to find any 70-S cents at the banks; you could 0 to 10 banks and not one had any. 1 did find some ata local McDonalds and ended up going through about a third of bag of new Bank of America machine wrapped rolls and found 5-1/2 rolls of the small dates. Months later, I had not found a single additional small date, so 1 bought a Mint Sewn bag at a coin shop to search; not fone small date in the bag, but I found a 70-S cent struck on a dime planchet that was fully struck and centered! stil have ittoday in a PCGS MS66 holder, Chris Lane Address withheld In the mid 1960s, my dad owned his comer store pharmacy. I did find (in G) a 1927-8 Walking Liberty quarter in the till. | did buy it out. Not a bad find for sure! Within a couple of weeks, I did find an off-centered Canadian dime, Same buyout as the quarter. 1 still have both coins today. will sell them last, because of sentimental value. Gary Kess Sherman, Texas While going through rolls of S0-cent pieces, 1 found silver proof and clad proof JFKs, Silver 2012 and 2013 and three 2009 and three other proofs, all in one roll, Amazing. All the other rolls ‘were mostly (big surprise) bicentennials and 1970s and 1980s! Name and address withheld I stopped at a local bank and asked if they had any half dollars. They said that they had three rolls. I took them. Upon arriving home, 1 opened the first roll and found one clad 1968-D. 1 ‘opened the second roll and found four more clad coins. But the third roll was the greatest: there were 19 clad halves in that roll So I now have 24 clad half dollars after stopping at a local bank. Andrew Nikovies Estero, Fla, Coin & Currency On ‘A few years ago, my girlfriend and T were in Mobile, Ala., to attend her son's wedding. ‘As we walked through downtown Mobile, we noticed a large Regions Bank. ‘We proceeded to go into the bank and buy some half dollars, as you know they are extremely hard to find these days. However, the bank teller said that they hhad 10 rolls ($100), oF 200 coins, whi ‘we purchased. Later that afternoon in the hotel room, we opened the rolls of coins and found 58 40% silver clad Tt was a good day. Paul & Lisa Tracy City, Tenn ine Auctions owe’ Auction Services erty onic ace nos bes coach fe oat yer hve oe on ‘ny awrite se Bo ni nba Goo ws ene 25.00 BS eae arene. hie reco met matt bs gu ed dn fo tne tre Pe carer cenen cure rei rg han ee We fle 400-70 bso coin and curacy every month sling ai on ot ky rare ines ot ‘er oars ance yu cn ic "eink ety sins 8 cures Rowe's Monthly Oniine Gls & Carney Auctions teva Onno can axzonkig ons th sacand Wednesday of ory month. Some Examples of Prices Realized: 1. 1576-00 $0 Une Hood Go Doub Eale— POS KS. 2.1896 Moran Siver Dale Fe 12 Key Dale 1972 Mexico Prime Festal trata Canaria 1208 roy oof 9% Goud Gon 4.19148 Barber Guat GEM BU Key Da. $2575.00 $1235.00 1100.00 51894 $50 Federal serve Nos Gren Sea USA.-SB1D00 6.19940 Peace Sr Do. MNS NSE YAN 3 ot 0 Dut Ose 7 1857.0 USA Tee legged Buia Nike Pus 81056 Lert Seat Sine it ime GEN, 819005 08 Lngen Cart Key at. 10,189 Capped Bust Hat ot Gres Ltr, High Sanne See web: for complete details & terms. 810-724-4035 www.RowleyAuctions.com BidOnli a Register & Start Bidding @ www.BidOnline.us = » 3) 9 is ne 5) By Mark Benvenuto OLLECTORS AND the ( yal public today are used to four different denominations of workhorse coins when it comes down 10 everyday use. Cents, nickels, dimes, and quarters do almost all the heavy lifting when it comes to transactions that need small change, and half dollars and dollar coins are seldom seen. But our nation has experimented with several other denomina- tions over the years, Forming collections of these offen unknown or unremembered series has the potential to be a lot of fun. ‘Two Cents Worth? As four bloody years of conflict drew towards its end, our nation had survived a Civil War with numerous casualties on both sides —and witha tattered money system. In 1864, the Mint released a new coin, the two: cent piece with James Longacres’ artwork Tt-weighed in at twice the mass ofthe Indian Head cent, and was made mostly of copper with a 5% allowance of tin, The two-cent pieces poured out of the Mint that first yea to the tune of almost 20 million coins. The ext year saw aver 13 million coined. As with a few different United States coin series, the two-cent piece began a rather long decline after those initial two years, nti its sputtering out in 1873 with a proof ‘only issue. That final year makes i difficult to assemble a full date run, But finding a ‘good-looking piece for a type set should not be too difficult. Specimens with some seri- ‘ous wear on them can be downright cheap, but even Mint State pieces can cost only a few hundred dollars, as there isn't (oo big a fanbase for this denomination Three Cents, and Maybe a Little Silver The smallest silver coin authorized when ‘Congress got around to enacting lessltion for a Mint back in the 1790s is the half- 2-cont piece: Although both versions were coined in 1864, there isa slight differance in the size of the motto on the obverse. The small motto is considered more valuable, ranging from $200 in G4 to $28,000 in Pristine condition compared to that ofthe large motto, which only ‘ages trom $16.50 in G4 to $1,100 in pristine condition. ¢nage courtesy of Hertage Actions) 8 3-cont slvr: This MSGS PCGS 30S was struck on a defective planchet. 5,447,400 of these were coined compared to that of the 0’ mintmark, wich was only 720,000, (mage couresyo Wertag ution) dime. It ruled the roost as the smallest until 1851, when the 0.8 gram, 75% silver, 25% copper three-cent piace ~ sometimes called aatrime ~ made its debut Also designed by Longacre, the trimes are one of the earlier US. coins to sport a minunark tight at the outset. The 5.4 million produced at the main facility in Philadelphia that first year were joined by 720,000 of their siblings, which bear the *O" mintmark of New Orleans, the only rmintmark. in the entire series. While that mmintage is certainly a respectable one, the very next year, 1852, saw a production of over 18 million, followed by 11.4 million the year after ‘The mintages of the first three years of the silver three-cent piece make any of them aan easy catch for the person who wants just one for some growing type set. Even Mint State specimens survive and are not particularly costly But once again, we have a series that started out with a bang and ppetered out with a whimper. The years 1856, 1857, and 1858 are the only other years in this group, which spans from 1851 all the wi to 1873, fo soe mintages of over on million. And while that seems impre sively high now (and makes it easy for us as collectors fo land one), these coins could not have been all that popular or common in their day. Afier all, the 1850 US. Census counted 23,191,876 people in the country. That's a lot more living people than the three-cent silver pieces that were COINS JUNE 2019, supposedly there to serve them. ‘The saga of the three-cent pieces does not include ont the three-cent silver pieces. In 1865, a second type of three-cent piece ‘was introduced, the nickel three-cent piece. Once again the artistry is that of Longsere, and this time the composition was 75% copper and 25% nickel — interestingly, the same composition used in our five-cent pieces today. Also, for a third time in as many series, these coins came blazing out of the gate in a starting burst of glory, with 11,382,000 of them tothe official tally. The need for them at their inception, during the final year of the war, was supposedly because the public was hoarding even the tiny silver three-cent pieces OF the three rather odd denominations ‘we've seem thus far, this has to be the most attractive of Longacre’s efforts. Afier all, the two-vent piece and silver three-cent piece have been called many things, but “‘eautifal” i. seldom one of them, This coin, with its image of Lady Liberty, is far ‘more attractive. Coupled with its larger size, ‘we can argue that this is a much more fan coin io collet. ‘Alas, just like the other two coins we've looked at, the nickel three-cent picces started out in a big way, had a few follow ing years that we may consider healthy even today, but ultimately went the way of the dio bird this time in 1889, The entirety of this series was issued from the main Mint in Philly, and almost every year saw some proofs minted. T mention this because, although its easy to grab a common-date nickel three-cent pieve for a type collection, it actually not all that tough to snag a proof version. Yes, a proof will probably run a few lnundred dollars, and it is always worth getting such coin in a slabbed form, encapsulated by some reputable thi-party grading service. Bat to land what ean certainly be called the crtme de la eréme of a coin series fora few hhundred dollars, as opposed to thousands, has simply got o be a winning endeavor. Not Quite a Quarter ‘The next in our line-up of coins that qualify as odd ducks is the twenty-cent piece. Issued only from 1875 to 1878, with the final two years being tiny, proofonly rmintages, this coin had nothing to do with any war and everything to do with siler finds in the expanding West of the United States. William Barber is the designer for this piece, although the Seated Liberty design of the obverse is originally that of Cristian Gobrecht. IF there is a common date in this short run, ii the 1875-S, which has an official \WWW.COINSMAGAZINE.NET mintage of 1,155,000 coins. Once again, this isa good numier for those of us collect ing today but had to be a pretty small one when we consider how many people might have used these pieces atthe time they were issued. Plenty of ink has been spilled about how this coin was too easy to ‘confuse with the quarter and how it ‘was simply not well received by the public and merchants. That's actually a curious statement if we stop and think about just how much five cents could buy back then. T think most oFus would agree that if we were the merchants on the receiving end of ‘any transaction at the time, well take the time to check any and all of the coins that wwe dealt with on a daity basis during any transaction. After all, commerce worked more slowly then than it does today, and there were plenty of transactions that might have been five cents or smaller. 15 tough to just swallow the ide that this coin was easily confused. 1 like tothink our great-great-grandparents’ ‘generation was smarter than that. However smart they were then, we as collectors are smart enough today to realize that this is an odd denomination ‘coin that will always cost a few hundred dollars, even for a common date with some ‘wear on it, Prices for the rarer pieces, ot ‘even the common ones in high grades, can ‘easily jump up to four Figures or even five This short series is not uncollectible, but it will ake some outlay. The $3 Gold ‘The final denomination we'll look at is the $3 gold piece. Yes, we could claim that the SI gold pieces area bit odd, but we can also claim that we had a silver dollar since the Mint got up and going, so changing 10 gold isn't realy all that strange. But the $3 gold piece? We can make the case that this is an oddball precisely because it was produced from 1854 all the way fo 1889 but never in any meaning- fal quantity. Once again, there have been ‘many claims that this coin was not popular with the public, Based on the mintages, ‘though, we could consider that one half of a “which came first, the chicken or the egg?” argument ‘The first year of issue, 1854, saw only 138,618 ofthese litte gold pieves produced. And that year ended up being the most ‘common for this coin, by a long stretch ‘when compared to most other years, So, \ith the population of 1850 that we already mentioned, who on Earth ever would have seen these coins enough to even proclaim $3 Gold Piece: This coin ranges from ‘S775 in VF20 to $13,000 in MS65. imoge courtesy of Hertage Auctions) them unpopular ~ the people who lived next oor to the Mint, maybe? These gold pieces simply could not have been disbursed too widely throughout the growing nation. For those of us who want a $3 gold piece, whether to add to a type set or for the more ambitious aim of seeing how many wwe can assemble before our wallet flattens, that 1854 is a good start. The 1878 might bbe another, as it had over 82,000 t its tally. There are a handful of other dates that saw a five-figure mintage. Beyond that, these coins get pretty rare All Our Oddballs? The two-cent pieces, three-cent picces, twenty-cent pieces, and three-dollar gold pieoes have all come and gone, becoming interesting chapters in the larger book of United States numismaties. Good tuck to any and all of us who might want to get sei- ‘ous about collecting in this area, The prices can be high, but the collector competition is most likely very thin, Enjoy! How the T(ides) Changed for Roman Coins By RW. Julian HERE ARE few men of antiquity so well known as I uus Caesar. We might think of a Caesar Augustus or Alexander the Great, but whatever their fame, Caesar is every bit their equal. He is the first of the famous “twelve Caesars” written about by the historian Suetonius; today, many astute collectors specialize in obtaining coins of these first rulers of the Roman Empire. Caius Julius Caesar was born in 100 B.C. (or 102; the date is disputed by scholars) and is the son of Lucius Julius Caesar and his wife Aurelia, He received a good education, and his family was well connected in Roman polities. One close relative, an uncle by marriage, was Marius, 1 important figure in the history of the Roman Republic; he was able to advance Caesar’ ‘Atan carly age, Caesar showed great promise and was elected to several high posts. He served well in the East but retumed to be at the center of Roman politics. One of his famous early exploits came in the East when pirates captured his ship. Ransomed by his family, he returned to the area with naval units and eaptured all of the pirates, rucifying them as a brutal warne ing to others, In 59 BC.,at the height of his power in Rome, Caesar obiained for himself the position of proconsul of southern Gaul (France). For the next several years, he waged war on the Gauls and within ten years had conquered this vast region and annexed it to Rome. He was novr the hero of the day. Caesar wrote a series of reports to the Senate in Rome, though these were also aimed at the public. He later revised these into cohesive work, The Gaiic Wars, one of the great books of Latin literature that is still studied by scholars and students ‘Under his direction, coins were struck at afield mint in Gaul to pay the troops, Not only did he see to it thatthe men were promptly paid, he also put personal propaganda on the coins to advance his fiture ambitions, At the same time that Caesar conquered a vast country, he had also ereated a loyal army, which would have followed him anywhere — and did. Upon his intended return to Rome from Gaul, he was ordered by the Roman Senate to disband his troops. He refused, and when he crossed the Rubicon River in northern Italy, all knew that civil war was about to erupt. Even today, we say that to “cross the Rubicon” is to make a decision that cannot be reversed, ‘Special coins were struck in 49 and 48 B.C. to pay the troops ‘when he erossed from Gaul into Italy ‘The obverse has an elephant trampling a snake, a sign that Caesar \would stamp out the corrupt politicians at Rome and put his own ideas into practice. The reverse of this piece illustrates earlier offices that he had held when at Rome. This coin, a silver denarius, is not especially rare and is about the size ofa United States dime, From 49 to 45 BC, there was a fierce civil war the length 10 Silver denarius struck for soldiers serving under Julius Caesar. (image courtay of Heritage ction) and breadth of the dying Roman Republic. Fighting ranged from Egypt in the East to Spain in the West, with North Africa thrown in for good measure, Finally, in the year 45, Caesar defeated the last of his enemies in Spain and returned to Rome 1s the undisputed master of the Roman world, He was full of ideas to improve the city and the government and was energetically starting to carry them out when he was assassinated in the Senate building by Marcus Junius Brutus and others on the Ides of March (March 15), 44 BC. Just prior to his death, Caesar had ordered something never before seen on Roman coins: the portrait ofa living person. The one illustrated with this article was struck under the direction of Rome moneyer M. Mettius in February and March 44 B.C. Such coins ate relatively rare due to theit short time of mintage and bring strong prices from advanced collectors wanting an actual portrait. There is a popular myth that says that Brutus and his fellow assassins were somehow saving the Republic from the evil designs of Caesar, Actually, Brutus was trying to save the privileges of the upper classes, especially himself, and cared little for the Republic. Caesar, on the other hand, planned to sweep away the old order and uuse men that were capable rather than just having a good family ‘name and the tight friends. This ra is especially interesting tothe collector because of other coins connected with Caesar but not issued by him. In particular, Brutus struck a denarius on which the assassination of Caesar is plainly alluded to on the reverse by the words EID MAR ("the Ides oof March”) and two daggers. Not all that many of these coins are known, and the rare example that comes to auction brings a very strong price. COINS JUNE 2019, Brutus 44 BC: The famous EID MAR {Ides of March) siver denarius struck by Brutus in 44 B.C. Even when in undisputed control of Rome, beginning in 45 B.C., Caesar didnot punish his enemies and allowed them to speak against him without fear of retribution. Few rulers have been that tolerant of dissent, although his grand nephew ~ Octavian, later known as Caesar Augustus ~ was similarly inclined, It is from this year (45, BC, that we date the beginning of the “twelve Caesars” that ended ‘withthe death of Domitian in A.D. 96. Under Caesar's direction, leading astrologers and mathematicians ‘worked to correct the outdated calendar then in use, In 45 B.C, the Cavsar 448.0. : Silver denarius, with actual portrait of Julius Caesar, struck at Rome in early ‘44 BC. dmogo corto of Cassel Numismate Group) MF £0 Julian calendar of 365-1/4 days was published and survives, with ‘minor changes, to this very day. It is worth noting in this respect that the months of July and August honor Julius Caesar and Caesar Augustus, respectively. Cassar began a large coinage at Rome in the year 45, which was cot short by his untimely death. He was the first person to issue considerable quantities of gold coins, the standart of the past having, been the silver denarius. In this manner, Caesar brought Rome into ‘$100,000,000,000,000 DOLLAR BILLS! sp w ony rs SERS he ‘Wie Alr- Tite Holders OFSERVICING ‘THE NUMISMATIC INDUSTRY PROTECTIVE HOLDERS, STORAGE, PRESENTATION & PACKAGING ovis our wetter 800-521-1248 www.airtiteholders.com | —_— Sud |scdtrpnsesuatypusesery " Collecting Nickel Three-Cent Pieces Coin Oddities By Mike Thorne, Ph.D. RE YOU interested in a new series to tackle? How about one of the relatively short-lived 19th ntury types? The one I'm going to tell you about in this article is the nickel three-cent piece, minted between 1865 and 1889, You'll note that this series began during the last year of the Civil War. Coin hoarding during the war was a big problem, and this was particularly the case for silver pieces. Even the silver three-cent piece had disappeared from circulation by this time. In fact, the highest denomi- nation in circulation was the lowly copper two-cent piece, which had been introduced only the year before. To mitigate hoarding of silver coins, civil war tokens were issued. Shown here are a Lot of civil war tokens issued between 1861-1865. (mage cosy of Hrtage Auton) 2 COINS JUNE 2019 With only 39,700 minted, the 20¢ ranges ‘rom $215 G4- $7,700 Pri65) (toge courtesy of Hartge Auctions) As a result of the coin hoarding, various stopgap measures were introduced, such as Civil War tokens, encased postage stamps, and fractional currency. According to Walter Breen's Complete Eneyelopedia of US. and Colonial Coins, the most despised of the fractional curreney pieces were those denominated three cents: “More than any higher denominations, perhaps, they continued to be known by the derisive term ‘shin= plasters."” Shinplasters were typically used to purchase three-cent postage stamps, the first-class rate at the time. With urging from supporters of Joseph Wharton, owner of nickel mines, a bill authorizing coinage of nickel three- cent pieces (actually, 75% copper and just 25% nickel) \was introduced and became law on March 3, 1865. These now coins would be used to purchase shinplasters, which ‘would be canceled \WWW.COINSMAGAZINE.NET “THERE ARE SEVERAL different ways to collect nickel 3-cent pieces. One way that will appeal to most modern collectors is to collect the series by type. As there is only one design type, it’s appropriate to purchase an ‘example in the best condition you can afford. According to the value guide in this magazine, the first year of issue, 1865, is the least expensive date. With more than 11 million minted, its values range from $11 in G4 to $425 in MS65.” The coin’s designer was James B. Longacre of Indian cent fame, According to Ron Guth and Jeff Garrett’ United States Coinage: A Study by Type, “The obverse features a head of Liberty wearing a coronet [small erown worn by lesser royalty], her hair tied up in a bun, with flowing tresses below, UNITED STATES OF AMERICA surrounds, and the date appears below the head. The word LIBERTY appears on her coronet. The reverse shows a Jarge Roman numeral Ill in a simple wreath, tied at the bottom with a ribbon and bow.” The coin’s edge is plain. Although there's a head of Liberty on the obverse, the word Liberty spelled out on her crown, and the name of our country around the obverse rim, the nickel three-cent piece remains an odd-looking coin. In fact, I have occ sionally found examples mixed in with miscellaneous foreign coins in accumulations I've examined. ‘As with so many of the relatively short-lived series, initial mintages were high, with rapidly decreasing mint- ages thereafter, The two-cent piece followed this same pattern, as did the 20-cent piece. A change in the postal rates spelled the end of the nickel three-cent piece. There are several different ways to collect nickel three- cent pieces. One way that will appeal to most modern collectors is to collect the series by type. As there is only one design type, it’s appropriate to purchase an example in the best condition you can afford. According to the value guide in this magazine, the first year of issue, 186: is the least expensive date. With more than 11 million minted, its values range from SII in Gd to $425 in MS6S. Of course, if you're buying the coin for type, it doesn’t make much sense to purchase it in a low grade, part larly given how inexpensive it is in superior conditions. In MS63, for example, the date lists for just $125. If anything over $100 seems too expensive, a coin in AUSO is valued at only $65 If you don’t want the most common date for type, there are several other dates with much lower mintages that aren’t particularly expensive. For example, if you can find one, the 1889, with a mintage of 18,125, is valued at only $660 in MS6S, Looking in the Heritage Auction archives, the date brought only $564 in its most recent sale. Unfortunately, the most recent sale was in 2017, which suggests that the coin doesn’t appear at auction all 13 ‘Shown is an 1865 3GN PRGG Cameo PCGS. The 1865 3CN can range from $15.50 64-$6,500 PriG5. ¢naoe coutesy of Hee Aucton) that often. That makes sense given its minuscule mintage. Of course, you don’t have to pick a date with a super-low mintage to get one that’s scarcer than 1865 without having an exceptionally high value For example, only 228, were minted in 1875, but at just $325 in MS63. Heritage sold 1 couple of these in 2018, and they brought only $192 apiece. That mint- age, incidentally, is less than half that of the 1909-S VDB Lincoln cent. Another good way to collect nickel three-cent pieces is by date, Between 1865 and 1889, only 22 different dates were minted for circulation Most of these are remarkably inex- pensive. In the decent grade of VF20, for example, 15 of the 22 are valued below $100, with most falling into a range between $25 and $50. T would be remiss if I didn’t note that there are a few scarce and pricey dates toward the end of the series. A string of dates between 1880 and 1887, excluding the high-mintage 1881, are worth $100 or more in G4, When you look at the mintages, you'll see why: the range is from 1,000 (1885) t0 22,200 (1882), If you're interested in circulated pieces, you'll probably have a better chance of finding the searcer dates on “ eBay than at auction from Heritage. ‘One thing you'll find is that for some of the dates, there are more proof listings than cireulation-strike list- ings. The reason for this is that the proof mintages were actually higher than the circulation-strike mintages, often by a factor of 2 to 1 or more. AS just one example, 3.790 proofs were produced in 1885 versus just 1,000 regular-strike picees. This suggests another way that nickel three-cent pieces can be collected: as proofs. All of the dates are available as proofs, with a few dates available only as proofs (1877, 1878, and 1886). With a few excep- tions, PR6S values are below $1,000, ranging from $460 to $925. The exceptions are 1865. ($3,350, mint- age 500+), 1870 ($2,550, mintage 1,000+), and 1877 ($5,000, mintage 900). 1 found all three listed in the Heritage archives, with at least a few recent sales. ‘You can also find proof three-cent nickels on eBay, often priced well below the retail values in this maga- zine. For example, an 1883, certified by PCGS as PROS, is listed at $403 postpaid. According to this maga- zine, it’s worth $515 In what appears to be an even better deal, there’s currently listed on eBay an 1888 three-cent piece graded PR6S by PCGS. The Buy It Now price is just $392 postpaid. The listed value in this magazine is $600, and 1 must admit that I'm sorely tempted to snap it up. Or, what about a PCGS-certified PROG 1881? With a Coins value of $600 in PROS, you can exercise the Buy It Now option on this beauty and get it for $559. Note that that’s for a coin certified at a higher grade Surely this is a bargain. T could go on like this, but you gt the picture: There are lots of nice proof nickel three-cent pieces offered at appealing prices on eBay. Amazingly, 1 found nine listings of the proof-only 1877, which had a mintage of just 900 pieces. Most of these are priced well below the $5,000 value in this magazine. The least expensive Ii certified coin in PR6SCAM (cameo) that you can purchase postpaid for $3.960. Similarly, there are several sales involving another proof-only issue, 1878. Most are priced well over the date's $925 value, with only one example offered for less than this amount. With a price of $920 (or best offer), I feel sure you could get this cone for less than the listed amount. Yet another way to collect three- cent nickels is by variety. The only COINS JUNE 2019, ‘Shown here is an 1877 3CN PREG Cameo PCGS. Only about 900 3CN proofs were struck in 1677, making a Deep Cameo a rare find. nape courtesy of ectage Atos) varieties listed in this magazine's pricing guide arc the 1873 Closed 3 and Open 3 and the 1887/6 overdate. The same varieties are listed in the Guide Book of United States Coins, aka the Red Book ‘One source for additional varie ies is the Cherrypickers’ Guide to Rare Die Varieties of United States Coins, by Bill Fivaz and J. T, Stanton, In the guide's 6th edition, volume 1, the authors write, “As far as vari- eties go, the series contains many very nice repunched dates, misplaced dates, doubled die obverses, doubled die reverses, and even a nice overdate! Some of the misplaced dates are really ASTUTE Limit One Per Household One Silver Washington Quarter, Dates and grades Our choice PLUS Receive Better US. Goins On Approval Palisades PO Box 325, Suceasunna, NJ 07878 dramatic, especially one with aL protruding from Miss Liberty’s neck.” Fivaz, and Stanton include a list ing of the 1887/6 proof overdat complete with a dramatically enlarged photograph of the date area, They note, “According to many dealer price guides, the prices for PF-65 coins are the reverse of what one might expect. ‘The non-overdate Proof coin can be valued higher than the overdate Proof coin in PF-65. The Proof overdate is relatively common.” In this magazine, the normal date in PROS is worth $500, the overdate $600. Of the photographic enlarge- ments in Cherrypickers’ Guide, the most dramatie variety appears to be an 1865 with a repunched date. Its description reads, “Secondary digits of all four numbers are evident to the south of the primary digits.” With a price guide beginning at VF20, the sreatest differences with a normal date coin are for the circulated grades, with only a 25% premium for a coin in MS6S. Even so, this is 2 variety well worth looking for. Vaiue wise, the nickel three-cent series suffers from a lack of interest by collectors. As Fivaz and Stanton put it, “The nickel three-cent series is one of those few that have struggled for collectors over the years. ..” Of course, from the standpoint of the collector, lack of interest and low prices are a good thing. It means you can get coins with incredibly low ‘mintages for very little money, if you can find them. Can you imagine what an early Lincoln cent would be worth if only 36,501 of them had been. minted? That's how many were made of the 1888 three-cent piece, which is worth Just $650 in MSOs Whether you collect the whole series by type, as proofs, as circula~ tion strikes, some combination of the two, or as varieties, there's a lot to like about the nickel three-cent piece Take a look at what’s offered on eBay, and T think you'll be intrigued by the prospects. Happy collecting! MIC SS tnt amse ett on tite 2016 tenance nyt ateo Eatin cosenotora er US core sumoaies fies Pice pines tae ea rep Pnmatos Guano pes ue 2a DAES ee ns fast, and in today’s digital publishing marketplace, fe to wait to get it. ‘rause Publications has introduced Numismatie News Express, publication that will provide up-to-the-minute news updates, fered straight to collectors’ inboxes. lake sure you are on the Express distribution list — register online at: www.NumismaticNews.net/Numismatic-News-Express WWW.COINSMAGAZINE.NET 18 z Ey H po fA 5 Ms 6 EOC EUry fete ay Careful consideration must be given tothe condition ofa coin before ariving at its value, since a minor difference in grading can mean a ice. There are several factors to keepin mind srades of preservation, Determining the condi- ‘of a coin is both an exact science and a subjective judgment call ‘Complete agreement on the exact qualities that constinuea grade of condi- tion does not always oecur between two individuals ‘The following chart is « consensus based on the 10 most frequently encountered coins commanding premium values in circulated condition (illustrations not actual size). The descriptive grades ean be applied to other issues, Qualities described are based onthe standards developed and adopted by the American Numismatic Association MS-65 (uneireulated) —MS stands for mint state, which refers to a coin that has never been placed in circulation. An MS-65 is superior rintstate example. It willbe sharply struck with full min luster. There ‘ill beno distracting matks in te field or onthe raised areas ofthe design, The coin may be billiant or naturally toned, bt it must have superior “eye appeal” 1 qualify as an MS-65, MS-64 (uncirculated)-May have light scattered contact marks, Luster willbe atleast average MS-63 (uneirculated)—May have some distracting marks in prime focal areas with a few satteredhailines, Cons inthis grade will generally have a pleasing appearance. MS-60 (uncirculated)—The typical quality encountered in coins About Uncirculated Stdg. Liberty Quarter Washington Quarter Extremely Fine Indian Cent Stdg. Liberty Quarter Washington Quarter 16 Wikg. Liberty Hai Butalo Nickel Wikg. Uberty Hef Morgan Dollar Barber Coins COINS JUNE 2019, stmuck for eitculation. No wear will be evident, buta small numberof bag marks, nicks, or other abrasions willbe presen, Surtaees could be dull or spotted, ‘AU-SI (about uncireulated)—Iust slight amount of wear from brie exposure to circula- tion or fight rubbing from mishandling. may be found on the elevated design areas. Those imperfections may appear as scratches or dull, spots along with bag marks or edge nicks. At feast half ofthe original mint luster will usually be present -EF-40 (extremely fine}—Coins must show only slight evidence of wear on the highest points ofthe design, particularly in the airlines of the portrait on the obverse and the eagle's feathers and wreath found on most U.S. coins, A ‘Stdg. Liberty Quarter WWW.COINSMAGAZINE.NET Washington Quarter Washington Quarter ‘trace of mint luster may show in protected areas ofthe coin’s surface. ‘VF-20 (very fine) —Coins reflect noticeable ‘wear at the fine points inthe design, though they ‘may remain sharp overall. Although the details willbe slightly smoothed all leering and major ‘eatures must remain sharp. Indian cent: All leters in “LIBERTY” complete but worn; headdress shows consider- alle lamess, with lat spots on tips of feathers. Lincoln cent: Hair, cheek, jaw and bow tie details will be worn but clearly separated, and wheat stalks on the reverse will be fll, with no weak spots. Buffalo nickel: High spots on hair braid and cheek will be flat but show more detail, and a full hom will remain on the buffalo Very Fine Wikg. Liberty Half Fine Wikg, Liberty Hat Jefferson nickel: Well over half of the rmajoe hair detail will remain, and the pillars ‘on Monticello will remain well defined, with triangular rof partially visible. Mercury dime: Hair braid will show some euail, and three-quarters of the details will remain in the feathers. The two diagonal bands fon the fasces will show completely, but be worn smooth at the middle, with the vertical lines shaxp, Standing Liberty quarter: Rounded contour of Liberty's right leg will be lattened, as will, high point of shield. ‘Walking Liberty haf dollar All lines ofthe skin will show but be worn on high points, and over half ofthe feathers will show on eagle ‘Morgan dollar: Two-thirds of hailines from Barber Coins 7 forchead to eat must show, and ear will be well defined, while Feathers on eagle's breast may be wom smooth Barber coins: Allseven eters of LIBERTY” ‘on headband must stand out sharply, while head ‘wreath willbe well outlines top to baton, F-12 (fine}—This is the most widely collected condition. Coins show evidence of moderate to considerable but generally even wear on all high poins, though all elements of the design and letering remain bold, Where “LIBERTY” appears ou the headband, it must be fll visible. The rim must be ally raised and. shayp on 20ih-century cas, VG8 (very good) Coins show consider. able wear, with most of the points of detail wom. nearly smooth, At ast three eters must show Where “LIBERTY” appears ina headband, Indian Cent ‘Stdg. Liberty Quarter Stdg. Liberty Quarter Weshington Quarter Lincoln Cent ‘Washington Quarter ‘On 20th-century coinage, the rim is stating to ‘merge with the lettering. G+ (good)—In this condition, only the basic design detail remains distinguishable in ‘outline form, with all points of detail being wom smooth. “LIBERTY” has disappeared, and rims ‘are nearly merging with the lettering. About good ot fair—A coin identifiable by date and mint but otherwise badly wor, with ‘only parts of the leering showing. Such coins are of value to collectors only as space fillers ‘and command a significant premium only in cases ofextrme Scarcity. Proof—Created as collector coins, proof specimens are struck on specially selected plsnchets with highly polished dies and gener- ally display a mirorike finish, sometimes featuring frosted highlight areas. Al individval Buttalo Nickel \Wikg. Liberty Ha ‘Morgan Dollar proof vations listed in this guide ae for Superb Proof specimens. Proofike and deep-mirror proflike— ‘These tems describe the dere of refletve- ness and cameo contrast on welestuck Morgan dolls. A'DMPL coin may appear to be a proof a ist gle, and proofike specimen has a lesser (but still considerable) degree of fish. Bag marks are more noticeable on PL and DMPL Morgars. Some common dats are seiee in ths contin Collectors who want to study coin grading in greater dtal should exuine the Oficial ANA Grating Standards for United States Coin, which povies phos of cis in grades fro about wood 1 mint sae, Phorograde by James F Rudy ia handy reference for grading ciralted coins. Mercury Dime Barber Coins COINS JUNE 2019 100 Lessons for Building and Selling a Collection of Rare Coins ONGTIME COLLECTOR I Robert Shippee reveals how he carefully assembled a meaning ful eollection of rare coins in his newly updated edition of Pleasure & Profit 100 Lessons for Building and Selling a Collection of Rare Coins. His Wacea- buc Collection of half cents through $20 gold double eagles sold at public auction for a profitable $1.5 million. Pleasure & Profit gathers the lessons he leamed from buying and selling each of the nearly 150 coins Shippee provides real-world advice to guide other collectors on acquisition strategies, storage choices, and disposi tion options, in addition to commentary oon auction firms, third-party grading services, famous dealers, numismatic personalities, market forces, and—with unflinching honesty—his laid-bare finaneial results. “Pleasure & Profit is one of Whitman's most talked-about books ccting and investing in US. coins,” said publisher Dennis Tucker. “Many hobbyists have told me, ‘I wish Td had a guide like this when 1 started collecting.” The first edition earned the “Best Specialized Book on Numismatic Investments” award from the Numismatic Literary Guild. In the second edition, Shippee updates the market reports on neatly all of the coins in his case-study collection He expands his diseussion of rare-coin indexes and his comparison of coins vs the stock market, And he makes @ new analysis of his coins by denomination tracking where they would be, value- wise, a decade-plus after their sale “With greater knowledge comes greater confidence as a collector” Shippee says. “My hope is you can learn from my successes—and just as much from my mistak Q David Bowers, past president of the Professional Numismatists. Guild, calls Pleasure & Profit “one of the most useful books in American numismatics.” The 328-page book debuted at the Whitman Coin & Collectibles Baltimore Expo in February. It ean be on booksellers and hobby shops nationwide (as well as online at Whitman com) for $19.95 WWW.COINSMAGAZINE.NET ered from PP cu ls Pa SECOND EDITION “Lesson 26: Impulse bids are not your friend. Do your homework, make sure you know what you want to buy, and wait for the right piece before spending your money, Except for a few great rarities, most dates and mintmarks of all denominations appear at auctions or in dealers’ inventories with some reguiarity.” “Lesson 97: It's not a bad strategy to look for attractive coins at reasonable prices as your sole collecting criterion (without regard to date or denomination, or type,) but even this approach wil not guarantee that you will double or triple your money in a short period. However, sometimes you'll get lucky, and as the old saying goes, it's better to be lucky than good.” 19 Circulation finds. Pulling coins out of circulation isa time-proven method! of getting started, There is a wide variety of coinage in circulation, and the quickest ‘way to become acquainted with itis to go through your change coin by coi, ‘When you plunk @ pocketful of coins on a table, you offen see a wide vari- ety of conditions. Cents range from the deep chocolate color of older pieces to a bright coppery red of newly struck coins. Various shades of color can also bbe detected as the modern nickel, dime and quarter wear Studying these coins may not make you rich, but this time is well spent and might someday prevent you from making a mistake that could make you poorer. Becoming comfortable with the aging process of coins, comparing them side by side, and just plain fingering them for feel and texture helps the collee- tor develop an eye for detecting wear and knowing what it is supposed to look like When checking the current coins in circulation, don’t stop at just your change. In the past, searching. bank- wrapped rolls almost became an art form with its own rules of etiquette Conditions vary from place to place, and small towns have generally been friend lier to this mode of collecting than cities. It is up to individual collectors to see if this is possible in their own areas, Another similar source of coins is a friend or relative who throws his or her change into a container of some sort. Sometimes these accumulations go on for many years. A search might yield many dates and mintmarks that have disappeared from general cireulation Circulation finds may not be the pot of gold at the end of a rainbow, but undertaking this form of collecting does have its value, as has been pointed out One last point on this: when you search your change, consider the many millions of collectors, past and present, who also started this way. The activity forms a bond between many collectors. Coin find stories also rank right up there with fish stories. The U.S. Mint. Each year under present law, the U.S. Mint must make available for sale to the public a set containing one example of each of the currently circulating coins from each of the mints, cent through half dollar (or 20 even dollar coins in the ‘years they have been made). These sets are called) mint sets. Current sets contain 20 coins, with examples of, the cent, nickel, dime, half dollar and dollar from Philadelphia and Denver along with the Denver and Philadelphia strikings of the five statehood ‘quarters for the given year ‘Then there is the annual proof set. It is currently a 10-coin set, with the cent, nickel, dime, half dotiar and dollar and the five statehood quarters. Since 1982, ‘the United States has eame close to strik= ing commemorative coins each year. ‘Since 1986, the Mint has struck gold and silver American Eagle bullion coins. In 1997, it added platinum American Eagles to its line. Collectors are given a ‘chance to order proof versions ofthese as they become available. ‘Then there is the Mint’s autumn sales catalog. It features medals and other special items the Mint produces. Commercial channels. These are four major ways to purchase coins in routine commercial channels, and they all are related to one another. Individuals involved in these areas are called coin dealers. In the United States, there are approx- ‘mately 5,000 t0 10,000 dealers; there is no accurate census. They range from part-time operators called vest-pocket dealers to full-time, very professional and very large and well-organized firms ‘that employ dozens of people. It takes courage, knowledge, and capital mixed in ‘varying proportions to become a dealer. 1. The coin shop: If there is such a thing asa coin hobby mythology, the coin shop would loom very large in it. Over ‘the years, especially since the advent ‘of the modern mass hobby in 1934, coin shops scattered in cities and towns actoss America have provided hundreds ‘of thousands of colleetors @ major point ‘of contact with the coin hobby. To. understand the coin shop, you almost have to experience fone. Most are not in the high-rent Even if you lve ina town without a eoin dealer, you can stil enjoy the hobby. Buying coins through the mail is a safe and fun way to eolect. districts, They are stall. They sometimes are fumished with items that probably saw their best years before the owner was bom, But it was and is this special ‘environment that gives the shop part of its character. The rest is provided by the owner, usually one ftiendly individual with a wide streak of independence. ‘What makes the coin shop what it was, and still is, are the many functions it performs, You would expect to find coins there and supplies — and they are there in abundance. Sales of these give the owner his or her income, However, while collectors are there with their want lists and are looking through junk boxes containing hundreds of inexpensive coins, they get to know the dealer. From him or her, they learn a good bit about the hobby. A coin shop is a never-ending educa- tional seminar. Collectors can examine many more coins than they could ever hope to buy. Besides, most collectors wouldn't want six examples of 1932-D quarters in their collections anyway. They can learn how to spot counterfeits, altered mintmarks, and coins that have been cleaned, The shop is a source of current hobby news and gossip. It ean be a social club, if there happens to be a regular Saturday-moming or Friday- night group that drops by. If you choose to go to a shop regu- larly, spend some money. Buy some coins. Afterall, you would expect to pay to attend actual seminars. Remember, the dealer has to make a living, too, He or she is more than willing to share his or her knowledge but can’t do so without a sale or to, This may sound a bit erude, but after a couple of visits to most shops, you'll understand, COINS JUNE 2019, Dave's Coins The Collector's Friend® (DCW Collection) Cesena mea un pn Nant) US onrtey My 36th Year! Raw-Slabbed - Ve spimpunn cours rah ee wie eo ne we tinier soma Tiers SOMELY RED, e179 Sala Sree aie ae ores ee anac i oe es ieee eee = Sis Giamaaaaiman ora on aE anmeaae a ae i Uincouy cents, nate zs Sf aes a gue Geert see ee ERR gum eens aan ts nears ‘MSt0 BN, $889 ane haeeaee a ee at ee cate 19288 (LNG § BREEN) NCE Al S05, eae pe eee avers “SERS ReEe oe an (MANY MORE. CHECK My WieBSiTE) ise eka’ anes, See eRe a i Saentaees es suerecatesere "= Peer Tee ASH aA ska tae shan ee TRE mie ne sa peaond shapers ons wees ed aes cStatare ede sacernauas fs Me casa ian peer ee RENEE ARES aia rere Side “anantea cena sed hte Se snhgse een oes Beste is a et carte eae 170 3 aL EGS VAR FS i6-2VER Sac kSame tas oe aye conta ace serene eis Sanaa eas aCe Carre ee MCLG ne ee UC etd Rare Varieties wleignoreeny mere tibet wecrrar sua eee Es oe Ee Cee, Se te Sn ee eed he ee eicue ae SS ees aoe ERE rat ES Mune Leet haere eiieonmamacte ean ae ding cieatenmverae it INGE VF 8318, CHVPag FULL HORN cae corte Rea tetate ae aa areene a sat iis Sica puerta "S40- RARE PIS MSS $205 ’AUBS 6375. BOLD M32. $1205 ee are 1EX RARE PCOS MGOS EX RARE. 51005 rca $51985- WOW! TONED MSE2r.....92965 Te oe re col aero sxc pines SRE Bierce Meme eae” 4916-5 ASS S49. BLAZER NSE... $305 Ee SSS SS aca oe site Bes SUAITERS/orAND WASH” 1921 AUIS NEAR FH, 150 ERAS ian ae - spn tv tat LUSTROUS 1936-0 EF 885: NICE AU $220: BOLD Ree fe Ne BAD SER lcser wan bere cen rane Smee es gies EA EE esas 321 G $110. CHOICE FINE. 25 ESE enna ae TiSreav/rener pout sSESnel tba Sere eees Siete BOLD. me $2975 ont ammeton Free Shipping Visa/MC/Amex ~ Dave's pew cottection The Collector's Friend® PO Box 500850, San Diego, CA 92150-0850 TheCollectorsFriend.com * 800-346-6718 » Fax: 858-513-6557 10 days return 5 month layaway. Free Price List. 2. The bourse: “Bourse” has a strange, almost exotic sound winen a collector is introduced to it. It is a group of dealers situated in one place for the purpose of doing business, both buying and selling. They conduct their transactions from behind eight-foot tables, and they pay a fee to the organizer for the privilege of atending. Organizers can be individuals or coin clubs Bourses may be one-day affairs or stretch on fora week. They vary in size; they can have 10 tables or 600. Table fees vary with size. Bourses are held some- where virtually every week of the year, and taken together they have a dramatic impact on the commercial sector of the coin hobby. Price trends start fon the bourse floors of major shows. Dealers come to these events to buy material to fill their collector-customer ‘want fists: they may buy items to restock depleted shop inventory; and they come to sell material they may have purchased over the counter. In the process, they get a feel for the state of the coin market. Uptrends, downtrends, and just muddling through trends become obvious to all participants during any ‘major show. Bourse floors are not just for dealers. ‘The public is invited. Sometimes the public must pay an admission fee, some- times not, It depends on the show spon- sors. People offen show up in droves. Ata large show, collectors can find just about anything they might need for their collections. They ean also find specialists, Where a coin-shop operator needs to know a little about everything, a bourse-floor dealer can specialize. AS a result, on a large bourse floot, you find dealers who handle just silver dollars or large cents or commemorative coins. Behavior at shows is sometimes not as relaxed as in a coin shop. There usually ‘are many people trying to perform multi- ple tasks at once. However, once you get used to the clamor of wheeling and deal- ing, it can be as much fun as being a kid in a candy store. 3, The auction: There are three types of auctions in the coin hobby. There is the traditional auetion by public bidding, there auction-firm staff, auctioneer, nd a crowd of people gather in one place. There is the mail-auction, which is generally conducted by a dealer or firm 22 during a period of 30 to 45 days in which bids are submitted by mail The third method is @ variant of the second. Coins are available for bid, and instead of making bids via mail, potential buyers sit down with their telephones or computers and make bids via electronic impulses Each type of auetion has its own special rules, and itis important for any would-be buyer to obtain a copy of the catalog in which the eoins ate listed described, and often photographed. Each type of auction has its advantages and fans. Primary advantage of the traditional ‘auction by public outery isthe ability to In the case of some scarce dates, an auction ray be your best bet for obtaining a coin examine the coins you are considering for purchase. However, because of the expense involved for the auetion firm in hiring a public hall ora ballroom, an ‘auctioneer, and other necessary person- nel, the values of coins sold in this fashion are reasonably high, But there is Tittle that compares to the thrill of watch= ing bidders battle exch other to purchase hobby rarities ‘The mail-bid auction has much lower ‘overhead, which allows individual lots to be less expensive. Normally because you cannot see what you are bidding on, there js a return privilege, Eleetronie auctions have a different type of overhead, but because they can be organized and conducted reasonably rapidly, the cost of overhead gets spread ‘out over a greater number of sales. Also, there is a greater sense of participa. tion, Bidders can use their telephones or ‘computers to monitor other bids in the sale as they arrive and time their bidding to suit their own styles and preferences. Return privileges are a feature here as swell because bidders can’t examine what they are buying beforehand 4, Purchase by mail: Just as many major reailing firms are geared to serv- ing their customers through the mail, so too are many dealers. Afterall, collecting coins is a hobby. It should be relaxing What better way is there to unwind than sitting in the privacy of your own home tnd doing a little shopping by mail to build your collection? Generations of collectors have done 50, and tens of thousands of hobbyist sti take advantage of the convenience of t method of purchase. Some great collec- tions of the past were largely assembled through mail-order purchases. Hobbyists and dealers come together in towo ways. The first is the advertisement. Dealers place display ads or word ads in publications that are geared toward serving coin collectors. You sce something you lke and, presto, drop a leiter and a check in the mail, and you get it. A second method of contaet is very much dependent on the first A dealer with whom you have done business will often send out a price list that outlines what he or she has to sell. These lists are usually issued on a set frequeney. Dealers active in ‘mail-order generally guard their mailing lists with their lives, because their busi- nesses depend on them, Understandably, there can be some reluctance with doing business with some- ‘one you don’t know: That is why itis impor- tant to survey the field. The best method of doing this is by reading periodicals espe- cially produced for coin collectors. They will help acquaint you with mail-order dealers. Coins Magazine, Numismatic News, World Coin News, and Bank Note Reporter proteet buyers by test ordering their advertisers to see if they detiver what they promise offering an avenue for complaint ifa buyer doesn’t get what he or she pays for. You also ean find out about dealers fiom other collectors at shows or club meetings. ‘There are also rules governing mail order that protect buyers. The primary fone among them is the return privilege. If you don't like it, send it back. You don’t need any more reason than that If you want to sell coins to a dealer, always write or call him first Unsolicited shipments may be returned. If the dealer does not agree to accept your coins, always include return poste ‘age and instruetions for sending them back to you, COINS JUNE 2019 ADVERTISEMENT Leading Acid Reflux ™ Pill Becomes an Anti- Aging Phenomenon Clinical studies show breakthrough acid reflex treatment also helps maintain vital health and ielps protect users from the serious conditions that accompany aging such as fatigue and poor cardiovascular health by David Wayman Seattle Washington A clinical study on a leading acid reflux pill shows that its key ingredient relieves igestive symptoms while suppressing the inflammation that contributes to premature ‘aging in men and women. ‘And, if consumer sales are any indiea- tion of a products effectiveness, this “acid reflus pill tuned anti-aging phenomenon’ is nothing short of a miracle Sold under the brand name AloeCure, it was already backed by clinical data docu ‘menting its ability to provide all day and night relie? from heartburn, acid reflux, constipation, irritable bowel, gas, boating, and mare, But soon doctors started reporting some incredible result, “With AloeCure, my patients started re- porting less joint pain, more energy, better sleep stronger immune systems... even less slress and better skin, hit, and nails” ex- plains Dr. Liza Leal; a leading integrative health specialist and company spokesper- ‘AloeCure contains an active ingredient that helps improve digestion by acting as ‘natural acid-butfer that improves the pH balance of your stomach, Scientists now believe that this acid im- balance is what contributes to painful in- ‘ammation throughout the est of the body. ‘The daily allowance of AlocCure has shown to calm this inflammation which is why AlocCure is so effective Relieving other stressful symptoms re- lated to GI health like pain, bloating, fe tigue, cramping, constipation, diarrhea, heartburn, and nausea. Now, backed with new elinical studies, AlocCure is being recommended by {ors everywhere 10 help improve digestion, calm painful inflammation, soothe joint pain, and even reduce the appearance of ‘wrinkes ~ helping patients to look and feel decades younger. FIX YOUR GUT & FIGHT INFLAMMATION Since hitting the market, sales for Aloc- (Cure have taken off and there are some ve ‘good reasons why. To start, the clinical studies have been impressive. Participants taking the active ingredient in AlocCure saw a stunning 100% improvement in digestive symptoms, which includes fast and lasting relief from reflux Users also experienced higher energy Jevels and endurance, relief from chronic discomfort and better sleep. Some even reported healthier looking skin, hair, and nails ‘A healthy gut is the key to @ reducing swelling and inflammation that ean wreak ‘havoc on the human body. Doctors say this, is why AloeCure works on so many aspects ‘of your health AlocCure's active ingredient is: made from the healing compound found in Aloe ‘vera. Ibis both safe and healthy. There are also no known side effects, ‘Scientists believe that it helps improve digestive and immune health by acting as ‘natural acid-bulfer that improves the pl balance of your stomach, Research has shown that this acid imbal- ance contributes to painful inflammation ‘throughout your entire body and is why AL ‘ocCure seems tobe s0 effective. EXCITING RESULTS FROM PATIENTS. To date over 5 million bottles of Aloe- ‘Cure have been sold, and the community seeking non-pharma therapy for their GI health continues to grow. ‘According to Dr. Leal, her patients are absolutely trlled wilh het revuls and ae ‘often shocked by how fast it works. “For the first time in years, they are free from concerns about their digestion and almost every other aspect of their health,” says Dr. Leal, “and J recommend it to ev eryone who wants {0 improve GI health Without resorting 10 drugs, surgery, or OTC medications.” “Lwas alays in “indigestion hell.” Doc- tors put me on all sorts of antacid remedies. ‘Nothing worked. Dr. Leal recommended I try AloeCure. And something remarkable Ingppened... Not only were all the issues Thad with my stomach gone - completely ‘zone ~ but I felt fess joint pain and 1 was able to actually sleep through the night.” With so much positive feedback, it’s ‘easy to see why the community of believ fers is growing and sales forthe new pill are Soaring, ‘THE SCIENCE BEHIND ALOECURE AlocCure isa pill that’s taken just once ily. The pill is small. Easy to Swallow: ‘There are no harmlul side effects and it does not require a prescription The active ingredient is arare Aloe ‘component known as acemannan. Made from of 100% organic Aloe Vera, ‘AloeCue uses a proprietary process that r= ‘sults inthe highest quality, most bio-avail- able levels of acemannan known ( exist. ‘According to Dr. Leal and several of her colleagues, improving the pH balance of your Stomach and restoring gut health is the key to revitalizing your entire body. When “your digestive system isn’t healthy, it causes unwanted stress om your immune system, which results in inflamma: tion inthe rest ofthe body. ‘The recommended daily allowance of tacemannan in AlaeCure has been proven 10 support digestive health, and calm painful inflammation without side effects or drugs. ‘This would explain why so many us: ers ate experiencing impressive results so quickly. REVITALIZE YOUR ENTIRE BODY With daily use, AloeCure helps users look and feel decades younger and defend against some of the painful inflammation that accompanies aging and can make life hard. By buffering stomach acid and restoring gut health, AloeCure calms painful infam- ‘mation and will help improve digestion soothe aching joints. reduce the appear- ance of wrinkles and help restore hait and nails... manage cholesterol and oxidative stress... and impeove sleep and brain func: tion... without side effects or expense Readers can now reclaim their eneruy, vitality, and youth regardless of age or cur- rent level of health ‘One AloeCure Capsule Daily + Helps End Digestion Nightmares ps Calm Painful Ialammation * Soothes tif & Aching Joints + Reduces appearance of Wrinkles ‘& Increases Elasticity + Manages Cholesterol & Oxidative Stress ‘Supports Healthy Immune System ‘Improves Sleep & Brain Function HOW TO GET ALOECURE ‘This is the official nationwide release of the new AlocCure pill in the United States ‘And so, the company is offering our readers upto 3 FREE bottles with their order. ‘This special give-away is available for the next 48-hours only. All you have to do is call TOLL-FREE 1-800-748-8760 and provide the operator with the Free Bottle ‘Approval Code: AC100, The company will {do the rest Important: Due to AlocCure’s recent me- dia exposure, phone lines are often busy. IF you call and do not immediately get through, please be patient and call back. Those wino fmiss the 48-hour deadline may lose oul on this ree botle oer Mike Thorne, Ph.D. 1n my two previous columns, I've been talking about spring cleaning your collee- tion‘accumulation of coins. Of course, by the time you read this, spring will probably be a distant memory, and you'll be sweat- ing through the beginning of summer. ‘So far, I've talked about the importance of organizing your coins and having a good inventory. [ve also talked about selling some ofthe eoins in your collection, such as “orphans” (coins that are odballs and don’t fityour collecting interests), jnk coins with some value, and partial sets that no longer interest you ‘At the end of my last column, | talked about coin storage and said that 1 would hhave more to say about this. If your coins are relatively common and generally worth Jess than $100 apieve, then you should store them in plastic flips made without PVC that can leach out and cause damage over time. As T wrote last month, “A better type of eoin holder is made of inert polyethylene terephthalate. The brand name is SAFLIP, which you can find advertised through a Google search.” On the other hand, if you have a lot of coins worth more than $100 apiece, then you might consider having them certified iy a major certification service. By major services, 'm refering to ANACS, NGC, and PCGS, One value of certification is that it ensures that the coin is genuine, and this is an important consideration for valuable coins that might be the taget of coin coun- terfeiters. Actually, if what I ead on Coin ‘Talk is representative, the Chinese may be making counterfeits of relatively common coins as well as valuable ones. They may ceven be making examples of coins that never existed, such asthe “super-rare” 1904- CC Morgan dollar. Note: The last dollars rminied in Carson City were dated 1893, In addition to ensuring that your coins are genuine and graded accurately, slabs provide good protection for your coins. If they’ certified, you won't have to worry about plasticizers leaching onto their 2a Basics and Beyond surfaces or such dangers as an illtimed sneeze or cough. Infact, fall your coins are encased in the scaled plastic cases of major certification services, then storage becomes less ofan issue ‘The final topic 1 want to consider in spring cleaning your eoin collection is your rumismatic library. If you don’t have a rnumismatic library, then you're approaeh- ing the hobby from the wrong direction. As a number of oldtime hobbyists have said, “Buy the book before you buy the coin.” ‘My adklendum to this rule is, “and read it” ‘Obviously, the books that you've bought to aid you in your eollcting won't do you any good if they just sit on a shelf gather- ing dust. Like so many collectors, my’ first coin book was the then-current cdlton of A Guide Book of United States Coins, aka the Red Book. The publisher of this agezine also publishes @ red book (US. Coin Digest), which provides a Tot of the same information asthe original Red Book. Either book would be a worthwhile addition to your library if you don’t already have it “The main reason that any new collec- tor purchases one ofthese books is to look up the value of some new acquisition, In my case, the acquisition was a circulated Liberty Seated half dime I ad found in a Jong deceased relatives handkerchief, Once T had looked up the coin, 1 then spent ‘many hours studying the book to see what T could learn from it, AS a person who's always loved numbers, 1 was particularly fascinated by the mintages of coin types. Infact, | memorized the mintages of many ey dates, such a the 1909-S VDB Lincoln cent (484,000), the 1916-D Mercury dime (264,000), and so on. My first Red Book (1958) contained only eight pages of introductory material before launching into coins and their values. The 2018 edition has 27 such pages, andthe 2018 US. Coin Digest has 57. You'll find that the study of these pages will give you a 00d start to becoming @ numismatis ‘Whien you Took up your coin inthe Red Book, you'll see that you need to know its Spring Cleaning Your _ Coin Collection, ~ar' © ‘grade in order to determine its value. Let's suppose you have the good fortune to be Jooking up a 1916 Standing Liberty quarter. ‘You see that the mintage is $2,000, which is ‘a much smaller number than for any of the other dates in the series, and you also see that values for the coin range from $2,300 in G-4 0 $15,000 for a coin in MS-63. But what do G-4 and MS-63 mean? And what about the designations between these two extremes? From my experience, novice collectors ‘automatically assume that if they can read the date and all the other lettering on a coin, it must be in tiptop shape, MS-63 in this cease. This optimistic grading is almost never justified, and a more realistic determination of the coin’s grade will require the collec- tor to study information about grading in the book they're holding. Of the two value ‘guides I've mentioned, Coin Digest docs a better job in helping the novice determine a coins grade for several popularly collected coin types. It does this by providing pictures of coins in different grades rather than just verbal descriptions. Both books are limited relative to dedicated grading guides, such as James F. Ruddy's Photograde, now in its 19th edition, and Grading Coins by Photographs (2nd edition) ‘There are several grading euides in addi- tion to the ones I've mentioned here. One thing you'll find when you look for the books on Amazon, Bares and Noble, or eBay is that their prices are quite low, particularly considering the importance of the information they contain. If you buy grading guide, be sure to take the time to study the book's introductory material, like that found in the two value guides I've discussed, This will provide you with a good orientation to the subject. At this point, you may decide that studying a grading guide is to0 boring or too time-consuming. Instead, you'll just purchase coins that are already graded by a certification service. Pl have more to say bout why this approach won't always work, and why you should lear to grade for your- self, in my next column, COINS JUNE 2019, f Market Watch Monitoring market expansion always a challenge by Richard Giedroye ‘The expansion oF lack of expansion of the coin market is of a continuing concern. Monitoring expansion is alays a chal- lenge, but there ate some hints we may be hheaded in a positive direction. Universal Coin and Bullion President Michael Fuljenz recently wrote, "Whenever vwe see sales increase dramatically for Silver [American] Eagles, that is a good sign that more buyers are (or will soon be) entering the rare eoin market,” AAs this is being written, the price of sil~ ver continues to trade in the $15 an ounce range while continuing to challenge the S16 psychological resistance barrier. This is one of several coincidence barometers slowing modest coin market gains. Another is the Numismatic Stock Index, an index that tracks the price of publicly traded stock of companies whose business includes coins. The US. portion Of this index has risen from 55.8 percent Of its S2-week high trading level 10 65.0 percent between December and March. The international portion of this index has risen fiom 67.5 percent 1 74.88 percent during the same period. Collectors. Universe, parent company of Professional Coin Grading Serviee, has risen from a dismal 41.4 percent to a dra- matic 97.9 percent during the December to March period Attendance at major U.S. coin shows. continues to lag significantly behind those held in Europe and Asia, but hammer pric~ es realized at auctions held at U.S. shows indicate there is a Tot transacting. The busi- ness of coins appears to be expanding, but 1s with all collectibles, our market contin- tues to expand ata frustratingly slow pace. American Buttalo E a ra Sneed fevite ht a a rea ey i ane |e a Te oe Me ie att Golew rot 0938 tt] (a Prot 1338 T3836 144-951) blewine ae 1s oo 1a de Me tae atl Zale amg cl aro = ie Hees SUR See ae ae roar erniecmr lena oe eee (ANS Froot (2000. kK 4 975 14465 2018 W Proof ‘805/415 178) 56) ae ees Fen SMB ead BhieWihe eee ee Gate Pa an Sete te a oa ae ato (2001 Proof ‘669965156 44.1 2019-W Proof == =} feta Pron 2002 ‘684580 144 20.1 (2019 -W Proot lS el Bal a =| Apert eae ee Platinum Eagles ale = 2003 Proof ‘588305 156, 43.1 c 0 (2012 Proot = boop 67476 144 2d a 9 rel =| = eotrioor Fa Soe es 36a See —t8| Go ptm Po = EBS 138338 ea) ete Bo 2008 1387674908 144251 Sue Biro Sewn THe s6o 809 ae ots. 2008 Proo. ‘a9 134) ak 1s (2015 Proof (2006 Rev, Proot 6 5 : ae (2006 2ovh Anniv. 26 set U1. — 318 ae) 8 Fie Po fim smh oe (2017 Proot ae ‘ 48 155 a ; - eee ae 1a ae 4 7 E El American Eagles oe a tu 820 900s oe ie tae aot Eten ot ate eam agen BO Baur aa Teele abged G2 Emami Bear {as — Steet TSCA ea] tt Rese ont Barbet fomns | aLN0) -merresaer Teeocee ata 32 a Pease mr eee ey Fee naman hg aag eb aed | eT U oe atnow tants] = ae01- gop Teel ag) OES ze ae Sao oy 3 Poem alta) esol a a ko re i lees, Be a os Poot im TMM ute BE yoy ERT BOGS] tel 1 Grae etaat| S2ey Ro —FASae 8 SE A coe F Ne) pete He ee ee a ie BO Brat, Bien! SS oy vio i | EER 1 a Seige Bitar 17 Is Pot ies el ay TR at ai im seme | aR aE Seto Mee Oe Hremlooaatel—et | Sasurt Se Mee atl BF a ed tengo ge et eh ire Ot ns ins IL PT aH Rte Ga ne ot rg ey ca te ae ce by ty re ew ed pele ar is SSL Geen iene trent asnndwendaatiansen cnt Bal Oo WWW.COINSMAGAZINE.NET CIRCULATION COINAGE _ |"... Sse a a ne ert EC : = = = = KM 10 Liberty Cap Half Cont. Head facing lft. Copper. ac SSetltsitt te 24th ato sto 5) Seo) tao) 2b chun | 1062 ->ltttitltfs Ke 14 Head facing right. Copper. ar tee = lll lilt ts oa res von ra wee xvod wow | serrtene = Dll lll ie metomimitveot aed SD 100 tomo came gst seat | tomer SD lDl lillie {iseigntetins io too Sit $200 timo ees 33m sor | tus SIDI Ill etek fay Sc). ee 1350 tivo dom ra too | tetg2ntrae = DDD lft im Spuneipetopls $85 GOD ad 10 timo tam GoM M00 | retvomnorstae = a {eadots mcabsees 0 D7) 1488 4025 G5 00 17280 | wtotrecnesratone = — aso. geo amo a0 Tospaveop cece be aes 70 trae aus a7 vot Wat | Wtuneaee 0 7m amo ho ao ‘aspoe au tra zou asso aon econ esa 200 | eso is “iw ome ho me ao ‘np ‘oma esa gam ana 2oan secon azn sana | Yas 10) 7900 «200 shod som Yes din pee fm) so) er 1250 1708 3) S501 1800 | ‘edad ‘201 son zoom ase abo acon" soon roe io 1300 1901 Sas 390 Dll fm im epost fo sto seem temo sho zoom enaon | ss a0 no om se mm mw om KMW 33 Draped Bust Half Cent. Draped bust right, date at angle | So BM Ge se ND A below. Value within thin wreath: Copper. 1 som 7m sion woo som 180 Damo . ree COneer me wre sa wate | 8 Su 7m sim te Sm 1D da 00 aa. eo 115 200 3004505100 | ST anne ae ee mw me {tt2or 1809 Aim atom wa seam 0800 mom eam itera ‘mn es "a S00 a0 team — Con ‘is aot mom eo) 16s 2 7 10 2am . Iinépingsrasmean 7540 $500 “12 188 ny "75 tam9 | KMA 11 Flowing Hair Cent. Chain. Copper. Itoipuna sere Sor Tom eon tes 50 1275 4500 Sa | Dae feo Gk en Fv eee use sn “1804 cresslet 4, stems 35.00 70.00 85.00 185 900 400775 1,400 | T7SSAMERI RSM OES 1400 20 SAAN TAN US TROD. 1808 crest, stems 35.00 7000 $500 155 200 400775 1.400 | T7SSAMERKA Be ee eS iinsonctaenis 261 TagD S300 Tes hy). 713 tao | KM#12 Flowing Halr Cent. Wreath, Copper. insane “at rm am sao camo ssom 220m | paw Mao ct Waa EEO 30 AME a ‘ttre see 00 rom Gon 1es “amo ton 715 | nsneousndy 23803060 bm aah 3008 120 ahead stom ‘0s stems 10) 2 af SM 4060 2675 42m) Sam | srl ee 17s soo 4750 72002000 22a00 Aow0 TAoM $m) 700 #60) TES "400 409-625-1400 | Dante Aimee 129000195000 20500) 699000. am rom ea 188 am 4 1751400 | KAW 19 Liberty Cap Cent. Copper. Sam Tho #0) 165 am om 75 bad ef Cap Ce Co tr fim "ns ae ant xin ape enn aan | OM, 2 2 ee - ‘S000 70.00 3500 185-300 55080 2.400 | $794 NO FRACTION BAR ‘380 5005001350 2750 8.000 13.000 33,000 KM 41 Classic Head Half Cent. Classic head le flanked by | ‘sms So so vss Lin atc sour Sc am stars, date below. Value within wreath, Copper. att 8 20 ‘as ‘i “om las ‘sre ‘sam iro a real CNY i ii int wn | el So Go an tas trot com im 180916 30.00 $0.00 65.00 125 150 300 615 900 Lesdnioeti = <= = yee rie 4 wet 1a Som smn W800 200 9400 185 225-850 | Te aga 7 054250 1880 3290 4500 “Tom Itt ne Son soo wo iss 0 es som | Mesuneme ” Mensa eaaso Aeon TD We am 0m 180 wo ees 200 | TE aden “720 0 Tom Mam GORE — Hekcmnet "ow joao fe soon ame Teiweetee toe || ER Se tla lin ee ttn | oar ira emer meen 32.00 4500 9090 109 120 210 290 79 | KM# 13a Liberty Cap Cent. Copper. ct Sm fom mon too to tenn | Oe oy Fee are wen (oa sm fem mam ie eee | rctundie, Umoest ed eS MS UND Ast are) 7500 2D 188 Y2stas ‘3200 4500 9000 100 180 278 aon ano | HOE OweD a & 0 Oe oO Oe Oe ua Son so soon mo eo 3a 0 0 " ; {tl ot snito cant" | Kut# 22 Draped Bust Cent, Draped bust right, date at angle iiss pte = = = = CSRS X| See value within wrest Copper. {Shawmemmiowcrmenes == SS SS oe fr Ge as ra waa ro nase sn ‘= zogmam mm em mol teemgm fe oe im ie nes ta iat Son sooo toon tno 10 ne aoa | ere =e 7 a sa a Rm 4500 mo 1m 10 Ne 0 28 | Tecramyere fo ist ii 220 von igo saeco bond 32.00 4500 90.00 100 110 115 200265 | s7e7 reverse of 1795 pln adge 150205 1,500 2.100 2.800 4.500 11,000 27,000 {tt onl pox ‘aiemctifeyoncean tee es tau fimo are) eto toe fo 1896 restrin, reverse of 1840, proof 1787 sams erie 180-225 380 SO. 1825 2200 2780 4,100 KW 70 Braided Hair Half Cent. Head lft, braided hair within | mes a Circle of stars, date below. Value within wreath Copper ‘rut 2 Bee oe see a aoe ewe te ewe rma | Teeiitieareerns |S ta aati tnt | Teens 1h 258 0 ano) 26a 15m I9em cham ta aie Soll Lf Lf Hat| reine so “a “are "to "m0 ‘ie ‘2a Se5m tress ToL LL LD Lf Se teense sa im is a) at te 20 a0 > lll ltit Ble ao iso 1200 15 2ieo Satan > Dll lls Ble nm 420 os sm stan woo see Tata tte mete = lll lft ta] ime {Geo tana dom 2m elm ee Snes) Itt DD TD 5 ft Ee) ee Seo ‘ts is as “ins in “ove ‘eon {neezaeste Slt ff fle Bee feo is mS so ms aim ako wap Pp Slt f ffs he Sets se aos tm Sumo iano tte aria Sol LL LL Leh] tian so on 80 120 2% ct Qa Neotvesne Sl LL Lf FSi) sete vom ie ‘ae ‘ame aon sao a0 ee > ll lL ff BR] Mente to a Se Se wr sm seo anim ao Pa sm em i a wt ts ‘tae tom stare 228 | Soom ee ee ee 26 COINS JUNE 2019 ae 103s dite, ton 9 nal it. eon 108 gets ten {008 eget wpe tain 102 toe 00 1 Sues 10 Rouse 1860 7 al on 1807 ego ttee {07a 7 1107 Conary na ao xm 50 5 1% am aon 1280 ‘w oe 00 to 390 2 » 0 a0 290 vo 20 00 ‘0 8 = 350 SSRa8) som ‘0 fet ve xs nso mo tim 2200 HO 525 1100 1680 nigo a0 099 — ‘ms 950 3000 950 smo 925 1750 3am) 4500. 7250 1300024000 5 50) 380 ts ao 4200 Som som 0 io 135 2780 ‘stn 29009 «6.90 45.400 ‘id 1200 “2300 50 so $at0 a0 sn ano 1000 ‘0 sam ‘00 ‘a0 s00 KM 39 Classic Head Cent. Classic head loft, flanked by stars, date below. Value within wreath. Copper 1 00 "0 000 000 size ate som tt Ping 0 sate ceeae ES Kis 45. Coronet Cent. Coronet head left, Vee ao 6 31060 moo Ye so) 15 so 1 os ars 1328 0 "0 es 50 1378 date below. Value within wreath. Copper. 113 Lage te 108 Sa ne 12h age ne 2018 102i ae ne 5 laa 62 itp 232 eu tag ‘ed Rea eee Lage ie ‘Waa Sat ae 128g tos ‘ar ages 1831 Ligeti 131 Me tere ‘ise. ees 2 Neh ers 2 at 8 sass iter wo ian zm i Ao 3 ‘oo 2 ‘a 00 1609 300 1400 an ‘sm 130 00 00 on 00 194 Lape stream es nde sna asi as Lage srs 135 Hos 35, 198 1157 Pan ha ee, aurea 1857 Pan far oe sa tas 137 ed 38 ‘98 39 Hes 38 ae a S926 Pd ices 19855 mod 128 Boy a ama em 120 ie 2m sao 0 em WW.COINSMAGAZINE.NET 000 2800 som 30) 3200 Som 0) 00 S000 0) 3600 9000 50) $100 Som) 0b 3800 S000 fo ea no 168 1 19 800 «800 ‘00 750) ‘010 #500 000 €500 1500 13) 600 ofan 20 500 68a tow 8800 30 600) $000 #000 75 1380 500 150 500 125 00 on 00 3000 am 300 am a 00 9000 510 #000 0 120 amo 3000 200 3300 190 B00 10 ion 4500 ion i50 20 1 aw 6 tm xe sto 1m iS 86 1m xs 30 ims 10 im 300 3s 2ec0 esto on 20 5750 bo 100 m0 70 886 270 M0 3078 15 78 50 m0 to 4 mo 0 50 on "36 280 i us 20 20 226 390 0) us 30 12) jal 3 20) 4500 B00 15 0 700 1s) ee am ees so) He 2 ao ies SO) 6 05 1a) us 2s 28) sst022000 so te 25 ws 17a 00 wan 300 ‘ano 10 sto within circle of stars, os Kt 67 Braided Hair Cent. Head left, braided hair, within circle of ‘stars, dato bolow. Value within wreath. Copper. 4 ae ig ot VOR x2” Vi20 XH USO BSD 159 Pied 20 wo) 200 9907 500 as ats aD TwoLage a 200 Moo im no sam 1 Te SS ‘os as Ye Mo) Bo oo DM 1s 7 Ses ‘exoSnal ae owslaye 18 2060 2000 som sad ion 150 too) sa ‘oco 250) Xoo abo) ih 200s 2a de ‘em 200 mm ston asa see Lgeae 48a 200 3000 S00 96m 26 oP Head (es ) em ea em 2400 am sion ssa 376 eaD teu tem 200 am shoo san 8 tas 18m 9600 wm eta Tiss Ian esa te 3403 30 OM oom Hs MS 18D teen ism mo mm elo iy Ms te sae10 93 7509 “im “1s0 260 $50 1080 18 wm 910 wm elo is Ms TaD sas i800 3100 40m e100 Ns Ms 1D 10 im mm om elm te Ms 1m st ism 3100 om e100 His Mss) ‘esta fom tmp ie 1s 2s ko us ea 3100 om e100 Tis Ms 1D st im too om elo NG stan ests wea 9100 om elo Ne Ms tan ‘ese sta ne ka Mm om am Ms we im ‘ascot joo 1600 3400 wm e100 is Ms 16D as) urge ane som "im im oe 260s amos 54st Sa ie sooo 100 160 am 25 HO] KM 5 Flying Eagle Cent. Flying eagle above date. Value within ‘wreath, Copper Nickel. wer Pao 209 ako sco tga 200 soo ish 3700 25500 veer S800 7500 180 825 80 100 20 700 0 — {stlomeites 2100 $200 3600 4500 a "THO GO aN 3250 7.500 fasssralisnrs 2100 $200 3600 4800 Yd Tao $75 1.0 3300 apm) KM! 87 Indian Head Cent. Indian head with headdress left above date, Value within wreath, Copper Nickel i GH VCO Fre. WF20 AAO ASO SGD SED DEE Ps na ret aloo zon aoa “at “zis "sen "75 250 4 KM# 90 Indian Head Cent. Indian head with headdress left above date. Value within wreath, shield above. Copper-Nickel ne (ct WG8™ Fiz Vero KF AUSO NSO SGD EGS Ps Seb ReuesBist 1000 4700 2600 4509 700) 135 20 a5 4800 2200 {eo Foed ust 1800. 2000 3000 5009 7500 HO m6 590-4900 — ee "3G 1500 1900 2509 3500 6100 2s 225 “SOD 20m 68 woe 2300 3600 7509 155 105 280510 1.290 2 Ki# 90a Indian Head Cent. Indian head with headdress left above diate. Value within wreath, shield above. Bronze, Dawe (Ge VGb FR 20 ATO ASO NISSD MGSO SHS. Ps Teed pines bot SOON PSN 180 715 770-381) Tad 1750 00) ‘aespans ‘1100 17.00 21.00 2500 s000 «a0 75> 0 2 aes rey 1100 1700 71.00 2800 $00 $009 180) 2s = tee 000 soot 5 135 225250 NOS 1500 150 et tom 700 ND Ws 2s 20 2D 2 seeraasr Sooo “14 2m) stn 750 80 13 = 8 00 5000 WO) S160 285 3104S ™ Hea fas "2i5 405 60) HTS 95) 1 1425, = ee Wo 178 2% 3 S60 69) mh 130 % ‘ar0shalon mo ig mm as as sy seeaaan MS 165 200 45 S75 TRO. oS x50 3000 1400 er Salou io ia 30 a 9 Serb cee 200) e200 ead a 160 210 my 10 15m 1000 ‘tS Oni bery et 200 675 OOD 1.175 2300 2450 6amy 1220 OM — farsoape Uberyse? —— rs0b 250 son S00 990 42 eo wae see 3800 5000 800 11S 39 2m 225 as 0 15 2200 3500 W500 165 15 DST 1A ae So 200 W0 1 20 309 So 4B 1am ‘wr £0 750 1400 1800 7300 295) 350) 4375 13000 S500 we 2500 sou edo 120 215 325 050 125 TSI 585 7 en iat w 185s 15 Te ese 1h vo De donee 108 19088 {nis soer tons ime ry um ams ia 20 as 0 1a 14s m8 sa158 ‘sito is ia {247 patios De obese ams ime io ims ia 188 et sw2is 19220 es ew ss2eno oD? Seog tszete des ce vos rte vite aru aso a) 400 $0) 800 2500 0.00 am Ato S02 ?a0 2100 2500 Sb 325 40 ra00 2700 33.00 295 Sto $80 600 f800 4000 0 11.00 1100 1500 600 65.00 4400 t.00 4640 7200 2M 200 ts 160 250 400 200 a4 ‘sth a7eo 4400 6200 $0 10873 a0 240 225800 1800 21.00 175 225 250 amo 1100 2200 V0 348 $39 400 200 ea 151 225 25) 400 1500 2800 00 500 4500.17 ald 000 17 200 25 300 1800 2800 425 138 1a 800 f200 2am 136 180 20) 300 r200 Ze 196 140 20) 300 t200 2000 435 140 20) 800 f200 Zam 4135 140 200 300 t200 Zam 135 140 200 300 t200 28m 135 140 200 300 1200 2800 on co ‘tts a) 140-250 ‘oan 1200 120 1400 18a 2600 265 400 50) 10780 BD Kg 132 Lincoln Cent. Wheat Ears. Sronze. 200 1800 1100 12m 1409 500 200 250 338 Am 80) 1200 500 7a 600 tie ase 210 10) NS 18 70 mae a0 @40 087 087 400800 1100 1500 1690 390 «300. €500 nas ans "135 175 809m) So) G00 ban 22m com> rao 200 4am 4599 m0 E590 100 1) 125 280 6mm 14a) 2300 ipo doo 1000 28m G20 145 4m0 2000 200 4000 €800 9800 io) 450 439 1080 ano san ‘as ‘aso "20 “am 709 san 1800 2199 200 200 7000. “190 150 00 430 T6m0 S200 6540 15m0 1800 2300 ano én09 122 ap eas 088 2m 70 1200 16s 200 300 6mm x60 4500 135 27 4a aun 2500 S0m0 125 G30 038 1) am Yad 5 10530301400 1800 ‘a> css 4a 20 too 2500 as aa a 4s 4m 8m 7 125 28 San 1am o1a0 as ass ia aa joo som 2 430 038 Oa) "1m a0 tap aa 12 am ‘so 44a tw aso 07 2m am mm 1m 225° 32 6m 40 100 2200 7300 2600 2550 3400 «600 5 M5 OS 7S) 1275 200 Ce ee 10 «40 087 140 S00 1000 we 28 am “0 sso oe eo 300 0 100 suo eee ‘e owe ‘es 188 “20 sow 28 a0 ‘8 souo ce mao 2st suo vee roue co 700 00 veo sm seo sa "50 1 150 sam v5 3% m0 ‘00 00 10 150 2a00 13 0m ‘80 150 160 190 150 10 150 a0 om 170 0 fo 350 be 0m em ” 500 3S m5 25 ‘0 0 05 7 sam 2 : 00 : é sis 5 sm so 5 8 118 on ox on on ) 2 a 0 2 2 sm om 20 10 350 8 a 55 i 1000 io ‘0 6 12 es 108 2700) 130 sa ‘a a 1000 a 5 a 0 280 a5 tat +000 125 vata ms ‘con 000 ‘0 1630 0 130 vam 2 ‘sam oon eH 1000 soma ‘st ais ‘as a no 130 ‘5 1300 00 209 20.000 1210 200 a0 2009 10 ae vos 2 ew XFt0 AUD SSO SED GS PS ass 475 60 72) 1030 60M 9009 es 320 1600) — te 03s Os ta ‘ti “4st Amn sem asm) ed — ony 280) 280) 380) 550135 e700 aN Has) — ses 12 130 2m 839 oa wm io te) 200 — 125. 025 035 045 O70 340 650 800 50125 ess 05 10) $3) 275 1000 2600 Ton 380 16100 1260 tm 17) 276 695 1300 ako) 7500 25 wD 2 om 02 08 (0m 18 8% 7 30 1 — seer too 450478 300 750 2500 soon 10D — ‘ees Mo 135 225 825 100 oD S800 1D 2am — 8 om 02 0H 0m "145 4m 750 SD 1a — e00 os im ts 8 fm wD em am ts ezessoats 075 14) 225 350 GOI 77M B00 ts 250 — wastes S525 4 Ts) HO Am Oat too ry om 02 08 055 275 450 550 10 IS — e0 oo 0 $m 2% Gm) we zo sm te 88 03 07 $8) 2a) 740 130 Ho) 7M mm — 10 oa 08 08 0 1 2m 4m sm — +00 025 035 0m 0 2m 550 900 1B 1D 121 06 07 $40 200 44 50 4700 2700 1D ‘018 60) 6600 TOO 7500 OO OD HS 25 BD 120 130 190 20 250 415 00 1600 zon M0 — 1 ts 1a 2m 209 G50 oD Mon aim 77m) — 08 O35 025 03 04s ‘125 “40D 900 10m 250 — es. 0% 02 02) 04) O87 150 500 600 20D — 1260 oa Oo ta bs Os 250 $50 18m oD — 38 025 035 0m 175 34) $0 100 12m KD) — ‘oeiPeern 015 029 OSD GMD OBS 14D G0 "300 00 2250 Sein = Lam <= = mm mm m0 1m 1% me 1D 029 039 04) 069 180225 500 8m 18m — See eh 6 eae 2 Mg 2 ae Sas ee ee eae Seek so eas - a ee set O10 02 03 038 O45 80 125 200 109) 170, Dee sais om 0% 04 088 O89 175 200 350 tam — se om 02 0H 035 OM OS 085 275 TO) 16 se 6m 0% 09 0% Oa Om tm 28 BM = sss 025 035 045 a5 125 250500 750 100) — S8i5copmr = 60m 000 e500 amo rssima “= laser: Stn = MoM EHONIOM gO = slater KM 132a Lincoln Cent. Wheat Ears. Zinc Coated Steel ae VCE FIZ WF20 ARO USD SSD SED SEE Ps 8 02 030 a3 G45 en 0a 125 "10 1800 SSO FP MOOD 9840 5900 500 SH00 sD KM A132 Lincoln Cent. Wh A NSE Ps Po ‘suo an wen toe subs yee 5 3300 ea aD feuostiee2 1S 200 fom ‘60 on 80 35 tas 16 2 = jest ba 1650 enon rete 830 = ipst0 ba 8 ses 430 = sss ta so st as = i980 os a0 sr aa = ies cma sans 03s = io 025 1800 000 COINS JUNE 2019

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