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Post the neatest coin fact you know!!!

Alright, lets build a thread that can be looked back on a year from now and half people new to coins (and some not so new) reading it and saying "wow, coins are neat!"

Can be relatively common knowledge or incredibly obscure.

Can be dry fact, or a neat history of a particular coin.

I'll start.

Sometime in 1894, John Dagget, who was then director of the SF mint, gave three 1894S Barber dimes to his daughter. It's not known exactly how many were made, but some guess apprx 24. He told her to keep them safe, as they'd someday be worth money. She proceeded to spend one on ice cream!!!!

Interestingly enough, the rarest of all Barber coinage that was spent on ice cream was later recovered from circulation.

Comments

  • airplanenutairplanenut Posts: 22,149 ✭✭✭✭✭
    The chain cent was minted from March 1 to March 12, 1793. My brother's birthday is March 1, and mine March 12 image

    Jeremy

    PS- that's 1984 and 1987 respectively image
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • If you get enough coins together in one place you can buy something nice!
  • ccexccex Posts: 1,188 ✭✭✭
    The 1936 Cincinnati commemorative half dollars supposedly celebrated 50 years of the establishment of that city as a center of music. However, no one has since come up with any significant music concerts in Cincinnati in 1886, nor was there any music conservatory founded there or concert halls erected in 1886. These coins were the most commemorative halves to date, and commemorate nothing. Stephen Foster, whose image is on the obverse, is now remembered (if remembered at all) as being from Kentucky.

    Perhaps this explains why I spent more on a nice PCGS MS-65 Cincinnati half dollar last year than on any other single coin in my collection.
    "Never attribute to malice what can be adequately explained by stupidity" - Hanlon's Razor
  • When the Roosevelt dime came out in 1946, shortly after FDR's death and the end of the Second World War, the designer's initials were included on the obverse as is typical.

    However, conspiracy nuts went crazy when the J.S. appeared there. People actually thought they stood for Joseph Stalin, the Russian leader. There was talk of some sinister plot and a salutation to Stalin. While the communist Russians were our allies in the war, they immediatly became our enemy as the cold war began as soon as the shooting stopped.

    It created such a stir that a few years down the road, the mint decided to make sure the rumor wouldn't start up again with the minting of the Franklin half and included the designer's middle initial, thereby eliminating any possible connection to Stalin.

    The designer's name was John R. Sinnock who, obviously, was also the creator of the obverse of the Frankln half dollar.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • orevilleoreville Posts: 11,961 ✭✭✭✭✭
    As a new coin collector you can always lament to your girlfriend, boyfriend, parents, spouse or whomever, "coins, coins everywhere but no money to spend!"

    image
    A Collectors Universe poster since 1997!
  • PutTogetherPutTogether Posts: 2,141 ✭✭✭


    << <i>When the Roosevelt dime came out in 1946, shortly after FDR's death and the end of the Second World War, the designer's initials were included on the obverse as is typical.

    However, conspiracy nuts went crazy when the J.S. appeared there. People actually thought they stood for Joseph Stalin, the Russian leader. There was talk of some sinister plot and a salutation to Stalin. While the communist Russians were our allies in the war, they immediatly became our enemy as the cold war began as soon as the shooting stopped.

    It created such a stir that a few years down the road, the mint decided to make sure the rumor wouldn't start up again with the minting of the Franklin half and included the designer's middle initial, thereby eliminating any possible connection to Stalin.

    The designer's name was John R. Sinnock who, obviously, was also the creator of the obverse of the Frankln half dollar. >>



    I had never heard that one before. Thats EXACTLY the kind of thing im talking about.

    The cincinati coin story, while I have heard it before, is nevertheless very interesting. Anything for a profit.
  • krankykranky Posts: 8,709 ✭✭✭
    The Liberty nickel debuted in 1883 and it had only a large Roman numeral "V" on the reverse, without the word "CENTS". A Boston man named Josh Tatum noticed that the size of the nickel was very close to that of a $5 gold coin, and had some of these new nickels gold-plated.

    He'd enter a store, buy an inexpensive item, and lay down one of his gold-plated nickels in payment. Invariably, the shopkeeper would return change for $5, believing it was a $5 gold coin. But after some time, the authorities caught up with Josh Tatum and he went to trial on fraud charges.

    Tatum's lawyer asked each shopkeeper who testified if Tatum had asked for change for $5. Each time, they said Tatum had not. As it turns out, Tatum couldn't have - he was a deaf-mute. The court ruled that it was the shopkeepers who made the error and Tatum got off. But before the year was out, the Mint had revised the design to include the word CENTS.

    And Josh Tatum's little escapade was the origin of the phrase "I'm just joshing you."

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

  • There was only one denomination of coin issued by the US Mint in 1816 - the large cent.

  • VeepVeep Posts: 1,423 ✭✭✭✭
    The Spanish Milled Dollar or "Piece of Eight" circulated freely in the colonies. Small change was hard to come by so some of the large Eight Reales coins were cut into pie shaped peices, or bits. There were eight bits to a dollar with each worth 12.5 cents. That's why a quarter is called "two bits."
    "Let me tell ya Bud, you can buy junk anytime!"
  • Interesting tidbit while looking up a 1913 nickle. read carefully:

    Nickle - definition from gcide
    Nickle Nic"kle, n. (Zool.)
    The European woodpecker, or yaffle; -- called also nicker pecker
    .
    [1913 Webster]
    This is a very dumb ass thread. - Laura Sperber - Tuesday January 09, 2007 11:16 AM image

    Hell, I don't need to exercise.....I get enough just pushing my luck.
  • cladkingcladking Posts: 28,654 ✭✭✭✭✭
    Quarters were made at the San Francisco mint in the mid '60's and at
    West Point in the late '70's for circulation. Mint marks were not used.
    Retired SMS dies were apparently used for much of the San Francisco
    production.

    This coin has been the work horse of commerce for two generations.
    Tempus fugit.
  • There are no US quarters dated 1975. . .
    Jeff

    image

    Semper ubi sub ubi
  • The reason the eagle is so small on the reverse of the Franklin half is because the designers weren't aware of the law requiring the depiction of the eagle on the back of all coin denominations of twenty-five cents and above. It was added as an after-thought to comply with the law. . .
    Jeff

    image

    Semper ubi sub ubi
  • PhillyJoePhillyJoe Posts: 2,700 ✭✭✭✭
    "The three-cent (silver) piece was authorized by the act of March 3, 1851, entitled "An act to reduce and modify the rates of postage in the United States" and was intended to fulfill a special purpose - the purchasing of the 3-cent postage stamp.

    From the small diameter and thickness of the coin it was found to be exceedingly inconvenient, and the act of March 3, 1865 authorized the coinage of the 3-cent nickel piece."


    -Horatio C. Burchard, Director of the Mint, 1879 Annual Report to the Secretary of the Treasury.


    Joe
    The Philadelphia Mint: making coins since 1792. We make money by making money. Now in our 225th year thanks to no competition. image
  • Most people (non-collectors) do not know what a Lincoln cent really looks like!

    For proof of this, go here: cent puzzlement
    "Wars are really ugly! They're dirty
    and they're cold.
    I don't want nobody to shoot me in the foxhole."
    Mary






    Best Franklin Website
  • ColorfulcoinsColorfulcoins Posts: 3,364 ✭✭✭
    Here's one I recall reading, but I don't know if iys true or not - some help anyone?

    When the mint switch from the Large Cent and Half cent in 1857 to the small cent (flying Eagle), I heard the Mint offered a " 2 for 1" deal, meaning trade in your large Cent for 2 small cents and trade in your half cent for a small cent. This was supposably done to smooth the acceptance of the new small cents that were smaller than the "old" half cent. I don't know how long this program supposably lasted, but sounded like a novel idea to me to foster acceptance of the new small cent.

    True or not, I do not know.......
    Craig
    If I had it my way, stupidity would be painful!
  • WondoWondo Posts: 2,916 ✭✭✭
    Oops, that one was done already.

    The world record for a single coin sale is upwards of $7,000,000!image
    Wondo

  • MadMartyMadMarty Posts: 16,697 ✭✭✭
    Russ can smell an Accented Hair Kennedy Half Dollar anywhere on the bourse floor, and talk the dealer into selling it to him for 20% back of bid, and make the dealer feel happy he did it!!
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

  • PrethenPrethen Posts: 3,452 ✭✭✭
    Coins are costing me my sanity!

  • The designer of the U.S. Peace Dollar (DeFrancisci) roughly modeled the image of Ms Liberty after his new young wife. He posed her in front of an open window to get the blowing effect in the hair.

    (Source: the VAM book)
    Life got you down? Listen to John Coltrane.


  • << <i>The reason the eagle is so small on the reverse of the Franklin half is because the designers weren't aware of the law requiring the depiction of the eagle on the back of all coin denominations of twenty-five cents and above. It was added as an after-thought to comply with the law. . . >>



    Ah, yes, but the reason it was even considered for omission was that Franklin was opposed to the eagle as our national bird, in fact he preferred the turkey. But then again, he was also opposed to putting human portraits on coins and favored wise sayings instead. I'm thinking he may not have been too happy with this Franklin Half!
    Frank

    E PLVRIBVS VNVM
  • There were 4 obverse dies used for 1895 Proof Morgans.
  • When designs for the Lincoln cent were first accepted they contained Victor David Brenner's full name on the obverse. This being unacceptable the inital B on the reverse was considered but rejected not to cause confusion with the designer of the Barber coinage so V.D.B was used instead. Reaction to the three initals was not well accepted as a single inital was used previously so his initals were removed. Also worth noting is Mr. Barbers not liking "outsiders" involved in the design process. Mr. Brenner was a Lithuanian immigrant.
    Mr. Brenners initals were returned to the lower reverse of the cent Jan. of 1918, a few months after Barbers death.
  • I don't know this, but it has been alleged enough times in recent weeks that it must be true: in 2004, during the minting of Wisconsin state quarters, a piece of metal got between a working die and a blank and created a die gouge in the die that looked exactly like a leaf and was positioned precisely where a leaf should be, and then jumped between another working die and a blank and did the same thing again in a slightly different position.

    This is one of those "You know, I used to believe that, but now that I say it out loud, it doesn't make any sense" neat coin facts.
    Quis custodiet ipsos custodes?

    Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."

    image
  • RollermanRollerman Posts: 1,865 ✭✭✭✭✭
    The 1864 2 cent piece was the first U.S. coin to carry the motto, "In God We Trust". The Civil War had caused such turmoil in the country, many saw this as a way to re-establish our faith in God and perhaps help in re-uniting the country.
    "Ain't None of Them play like him (Bix Beiderbecke) Yet."
    Louis Armstrong
  • Augustus St. Gaudens was a mentor of Hermon MacNeil, the designer of the Standing Liberty Quarter. The woman who posed for the Standing Liberty Quarter, Dora Doscher, also posed for St. Gaudens for the half size bronze sculpture of his original Diana. The original was intended to be placed atop Madison Sqauare Garden, but now resides in a Phila museum. The reduced scale model sits in the indoor garden area of the Metropolitan Museum in NYC.
    David
  • Glenna Goodacre was paid her $5,000 commission for designing the Sacawagea dollar
    in the form of Sacs struck on specialy prepared planchets. She had them attributed and
    encapsulated by ICG and sold about 3,000 of them at $200 each.
  • 1796 was the first year the mint produced all denominations of coins which were authorized by the US Mint Act of 1792: 1/2c, 1c, h10c, 10c, 25c, 50c, S$1, G$2 1/2, G$5 & G$10.
    Varieties are the spice of a Type Set.

    Need more $$$ for coins?
  • ms70ms70 Posts: 13,954 ✭✭✭✭✭

    Did you know the U.S. built a mint in The Dalles, Oregon? That's the most obsure fact I know.

    Great transactions with oih82w8, JasonGaming, Moose1913.

  • Although Canada, like its American cousin, had long had a "silver" dollar, the dollar hadn't seen much use as a circulated coin in the latter part of the 20th century; citizens of both countries greatly preferred their respective homelands' one-dollar banknotes. One-dollar bills, however, are now impractical when viewed from a cost-benefit basis: they wear out, necessitating replacement far more frequently than dollar coins would. Paper currency has a life expectancy of nine months, whereas coins are good for twenty years.

    In 1987 Canada's currency underwent a major change with the introduction of "the loonie," that country's new gold-colored one-dollar coin. The loonie was created to replace the one-dollar bill, which was to be removed from circulation through attrition; worn-out dollar bills would continue to be destroyed, but no new stock of paper currency would take their place. Canadians were given one year to become accustomed to the metal dollar coin, then the Bank of Canada ended distribution of one-dollar banknotes, leaving the loonie supreme.

    Prior to 1987, Canada's silver dollar coin featured two men in a fur-laden canoe, a depiction of the voyageurs who had dared the wilderness in that country's early days. When Canada decided to replace one-dollar bills with one-dollar coins the 1935 Emanuel Hahn "voyageur" design was adapted for the new coin, but something went awry -- the master dies of the new one-dollar coin were lost in transit.

    The dies, which had been produced in Ottawa, were being shipped to production facilities in Winnipeg. According to an investigation conducted by the Royal Canadian Mint, they had been entrusted to a courier service on 3 November 1986 and were never seen again. The dies' being sent by courier was in itself a breach of accepted security procedures (transport of the dies should have been handled by a high-security outfit such as Brinks), but there was more. No one had asked the courier company representative who had appeared to take possession of the package for identification. And both dies, the obverse and reverse of the new coin, had been bundled into the same shipment, meaning that whoever had the package also had the dies for striking both sides of the new coin. (The two sides should have been shipped separately to rule out this possibility.)

    Although the Royal Canadian Mounted Police assert the dies were merely lost in transit, others believe they were stolen by folks intent upon minting their own money. With this possibility looming, the Mint undertook to redesign the coin to foil potential counterfeiters. They had an alternate Robert-Ralph Carmichael design featuring a loon on hand and quickly gained government approval for its use. Dies were cut, and the gold-colored dollars were loosed upon the Canadian public on 30 June 1987, meeting the schedule for the release date of the original "voyageurs" coin.

    The subject of the coin's design prompted its own nomenclature. Canadians quickly dubbed the new coin "the loonie," and that name has stuck through the years. Piggy banks became "loonie bins." In 1996, the "toonie" joined the loonie in the pockets of Canadians as a new dual-metalled coin took the place of the two-dollar bill. Also known as "the queen with the bear behind" (Queen Elizabeth II on one side, bear on the other), the toonie gained its name from a combination of "two" and "loonie."

    The loonie, by the way, might be gold colored, but it contains no gold. It is made of aureate bronze plated on pure nickel.

  • In 1918 the US Mint produced it's first coin with a hole in it (as part of the design).

    image
    image
    imageimageimage
  • ShamikaShamika Posts: 18,781 ✭✭✭✭
    Coins and chicks don't mix.

    It's true!

    It really is true!

    Buyer and seller of vintage coin boards!
  • In 1943, the USA was at the height of World War II and needed copper for use in munitions and other millitary related projects. As a result, the composition of the Penny was changed to conserve the copper for the war effort. The Penny in 1943 was made out of steel, which was layered with Zinc to help reduce the inevitable corrosion. These 1943 pennies are now affectionately known as 'steelies'. On a similar note, the composition of the Jefferson Nickel was also modified during the war years to conserve nickel for the war effort as well.

    On another note which I'm not 100% sure is true, the pennies made in 1944 and 1945 contained copper which was recovered from spent ammunition collected during the war. This may just be a rumor, but I haven't heard otherwise so I'll believe it until I'm disproven. image
    I collect the elements on the periodic table, and some coins. I have a complete Roosevelt set, and am putting together a set of coins from 1880.
  • Most think that 90% silver circulation coinage in the USA ceased at the end of 1964 and ushering the age of Clad Coinage for 1965, but 90% Silver Coins were minted until April, 1966 all bearing the Date 1964.

    Eastside

    Promote The Hobby and Make it a Positive Experience for all, Remember That this Hobby Can Be Fun & Profitable & Profit is Always FUN
  • John Reichs buxom model for his capped bust design was most likely his mistress. In this design Ms. Liberty wears a fashionable headress for her time called a mobcap. The cap is often mistakenly called a turban or Phrygian cap.
  • RGLRGL Posts: 3,784
    Felix Schlag designed the Jefferson nickel, which replaced the Indian Head in 1938. He went unrecognized on the coin until mid-1966, when his initials finally were added beneath Jefferson's bust. He was presented with two pieces by the Mint on which descriptions vary. Literature talks of "proof specimens" and "special specimens." This is my belief: Since no proofs were struck in 1966, it is doubtful the coins were true proofs with specially prepared dies and planchets. However, it is entirely possible the mint prepared a couple of proof quality planchets and struck the coins with higher-than-normal pressure from new dies or even struck them twice. Anyone who has sought a 1966 FS, SMS or MS, can attest to rarity of this date in full steps. These "specimen" striking nickels, which to my knowledge have not surfaced and been pedigreed, would be the rarest Jeffs ever and more than twice as rare as the 1913 Liberty Head/V nickel ...
  • If you swallow a coin, it will reappear in less than 48 hours.
  • xbobxbob Posts: 1,979
    Augustus St. Gauden's hated Barber and his coin designs. Barber hated St. Gauden's and tried to keep his coin designs from being produced. Teddy Roosevelt personally pushed St. Gauden's designs through the system.

    That's just a very short summary of the whole story. I am in the middle of reading "Illegal Tender" (about the '33 double eagle) and that's one of the interesting facts I've picked up so far.
    -Bob
    collections: Maryland related coins & exonumia, 7070 Type set, and Video Arcade Tokens.
    The Low Budget Y2K Registry Set
  • 66Tbird66Tbird Posts: 2,858 ✭✭✭
    If you smash a copper cent flat enough, fast enough and pick it up soon enough it will burn the finger of a 7 year old kid... That was meimage

    Cool thread BTW
    Need something designed and 3D printed?
  • DD Posts: 1,997 ✭✭✭
    jdsinva

    The reason the eagle is so small on the reverse of the Franklin half is because the designers weren't aware of the law requiring the depiction of the eagle on the back of all coin denominations of twenty-five cents and above. It was added as an after-thought to comply with the law. . .


    I read something along those lines, but it was moreso to the tune that, Benjamin Franklin disliked Eagles, and often expressed his distaste for them quite extensively. He opposed the eagle as the national bird and much preferred the Turkey. They weren't originally going to include the eagle on the coin, however, every coin above a dime must have an eagle, so they put a supersmall one on there, to meet the laws.

    -Daniel


    "It is the mark of an educated mind to be able to entertain a thought without accepting it."

    -Aristotle

    Dum loquimur fugerit invida aetas. Carpe diem quam minimum credula postero.

    -Horace
  • Portraits of living people are prohibited from our paper currency, however no such law exists for coins. There have been five living people on US Coins, all Commemoratives.

    First - Thomas E. Kilby on the 1921 Alabama
    Second - Calvin Coolidge on the 1926 Sesquicentennial
    Third - Carter Glass on the 1936 Lynchburg
    Fourth - Joseph Robinson on the 1936 Arkansas-Robinson
    Last and Ugliest - Eunice Kennedy Shriver on the 1995 Special Olympics
  • The Josh Tatum story of the "Racketeer" Liberty nickel is a completely debunked myth that is deeply entrenched in the minds of hobbiests. (See April Coin Values.)

    The Mint Act of 1890 is most often cited for the fact that is gave the Treasury the sole authority and discretion to change the designs on coinage every 25 years. Little known, however, is that it also gave the Mint the opportunity to change the design of the silver dollar. During that time, the Morgan dollar was seen as a misfit in American coinage. George Morgan was viewed with contempt inside the Mint (due to the Barber legacy) because he was considered an "outsider." Barber likely left the dollar alone in order to aid acceptance of his new designs for Liberty on the minor silver coinage, which included the full head profile of Liberty. The Mint Act of 1890 also gave authority to change the design of the five cent piece, then the Liberty design of Barber. With Barber ensconsed as Chief Engraver, however, nothing was done about the nickel.

    Hoot
    From this hour I ordain myself loos'd of limits and imaginary lines. - Whitman
  • SF quake of 1906 and the resulting carnage and fires,Allowed Charles Fey (the inventor of the 3 reel slot machine) to retrieve his fleet of slot machines around town and pull the coin boxes full of melted coins.

    Heres the rub,the nickel and the 5 dollar gold were the same size.

    Drunks would put 1/2 eagles in the slots thinking they were nickels.

    Mr Fey had enough cash to rebuild his factorys !
    image
  • ShamikaShamika Posts: 18,781 ✭✭✭✭


    << <i> If you swallow a coin, it will reappear in less than 48 hours. >>


    You better believe, however, that it'll be artificially toned and will hopefully be bodybagged by the TPG's.

    Buyer and seller of vintage coin boards!
  • Rumor has it that 2 brothers opened a new Bar and Grill in Chicago in the late 1950’s or early 1960’s. They wanted to give away something on opening the new Bar to all their new customers, so that the customers would remember them and return to the Bar. They contacted a local banker friend and bought a canvas bag of 1,000 silver dollars to give away to the first 1,000 customers that came into the Bar and placed an order. To remember the opening they took two of the silver dollars, one for each brother, and mounted them in a frame that they placed behind the Bar. These two coins were bright-uncirculated coins. Many years later a collector asked to see the framed coins. The two silver dollars in the framed were 1893 S silver dollars. To this day the brothers still don’t know if the entire bag consisted of 1893 S dollars or if the bag was mixed, but what are the odds the two they picked out were the only 1893 S dollars in the bag?

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