I began to cease allocating a percentage of my salary towards my 401(k) some time ago. My employer automatically kicks in 3%. Instead, I took to acquiring silver bullion and other coins with the money that would have otherwise gone into my 401(k).
Anyways, the first coin listed there is a 1922 Peace silver dollar (choice uncirculated in condition). That's not an actual photo of the one I purchased.
From Wiki: The Peace Dollar is a silver United States dollar coin minted from 1921 to 1928, then again in 1934 and 1935. Early proposals for the coin called for a commemorative issue to coincide with the end of World War I, but the Peace Dollar was issued as a circulating coin.
Designed by Anthony de Francisci, the Peace Dollar was so named because the word PEACE appears on the bottom of the coin's reverse. It contains 0.77344 troy ounces of silver, and was the successor to the Morgan Dollar, which had not been regularly minted since 1904. With the passage of the Pittman Act in 1918, the mintage of dollar coins was enabled to start again. Prior to the design and acceptance of the Peace Dollar, the Morgan Dollar was minted again in 1921.
After a six-year pause in minting, the Peace Dollar was again minted in 1934 and 1935. It was minted briefly in 1965 (dated 1964), but no examples of this issue were ever released to the public and the entire mintage was supposed to have been melted. The Peace Dollar is the last silver dollar minted for circulation in the United States. -End-
The second coin listed is again not the actual one I purchased but is of the same year. It is a choice uncirculated 1885O Morgan dollar.
From Wiki: The Morgan Dollar is a silver United States dollar coin. The dollars were minted from 1878 to 1904 and again for one more year in 1921. The Morgan Dollar is named after its designer, George T. Morgan, who designed the obverse and reverse of the coin. Morgan's monogram appears near Lady Liberty's neck on the obverse. The dollar was authorized by the Bland-Allison Act of 1878. It has a fineness of .900, giving a total silver content of 0.77344 troy ounces (24.057 grams) per coin.
When my brother and I were really into coin collecting growing up I was surprised to learn that most old coins you may come across like finding an old Indian head penny in your back yard ain't worth squat even when you clean the green stuff off with vinegar. Very disappointing hobby so we seemed to gravitate towards fishing and other things.
What I remember most from my numismatic days (take that George Will) is the 1909 S VDB coin is big and the 1955 double-die (pennies I think, it's a little vague). I used to collect wheatstalk pennies, used to get all excited ("oh look another wheatie!"). Also any quarter before 1965 is silver and once in a blue moon you get one in your change and you drop it on the table and it just sounds different, a nice ping.
I got a 1964 quarter out of the soda machine at work one day. I started using it as my ball marker when I played golf. It has since gone missing (presumably in my golf bag somewhere???)
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In the local small town news, some anonymous old lady stopped by the Salvation Army and dropped off a pair of gold Canadian coins. The SA people were delighted to find them worth over $1100 a piece. I guess it is because the 'maple leaf' is pure gold?
12 comments:
For the numismatically impaired..like me, what's the deal?
I began to cease allocating a percentage of my salary towards my 401(k) some time ago. My employer automatically kicks in 3%. Instead, I took to acquiring silver bullion and other coins with the money that would have otherwise gone into my 401(k).
Anyways, the first coin listed there is a 1922 Peace silver dollar (choice uncirculated in condition). That's not an actual photo of the one I purchased.
From Wiki: The Peace Dollar is a silver United States dollar coin minted from 1921 to 1928, then again in 1934 and 1935. Early proposals for the coin called for a commemorative issue to coincide with the end of World War I, but the Peace Dollar was issued as a circulating coin.
Designed by Anthony de Francisci, the Peace Dollar was so named because the word PEACE appears on the bottom of the coin's reverse. It contains 0.77344 troy ounces of silver, and was the successor to the Morgan Dollar, which had not been regularly minted since 1904. With the passage of the Pittman Act in 1918, the mintage of dollar coins was enabled to start again. Prior to the design and acceptance of the Peace Dollar, the Morgan Dollar was minted again in 1921.
After a six-year pause in minting, the Peace Dollar was again minted in 1934 and 1935. It was minted briefly in 1965 (dated 1964), but no examples of this issue were ever released to the public and the entire mintage was supposed to have been melted. The Peace Dollar is the last silver dollar minted for circulation in the United States. -End-
The second coin listed is again not the actual one I purchased but is of the same year. It is a choice uncirculated 1885O Morgan dollar.
From Wiki: The Morgan Dollar is a silver United States dollar coin. The dollars were minted from 1878 to 1904 and again for one more year in 1921. The Morgan Dollar is named after its designer, George T. Morgan, who designed the obverse and reverse of the coin. Morgan's monogram appears near Lady Liberty's neck on the obverse. The dollar was authorized by the Bland-Allison Act of 1878. It has a fineness of .900, giving a total silver content of 0.77344 troy ounces (24.057 grams) per coin.
When my brother and I were really into coin collecting growing up I was surprised to learn that most old coins you may come across like finding an old Indian head penny in your back yard ain't worth squat even when you clean the green stuff off with vinegar. Very disappointing hobby so we seemed to gravitate towards fishing and other things.
Any penny prior to 1982, regardless of how much gunk it has accrued, is worth hanging on to simply for its copper content.
What I remember most from my numismatic days (take that George Will) is the 1909 S VDB coin is big and the 1955 double-die (pennies I think, it's a little vague). I used to collect wheatstalk pennies, used to get all excited ("oh look another wheatie!"). Also any quarter before 1965 is silver and once in a blue moon you get one in your change and you drop it on the table and it just sounds different, a nice ping.
I got a 1964 quarter out of the soda machine at work one day. I started using it as my ball marker when I played golf. It has since gone missing (presumably in my golf bag somewhere???)
Hello !.
You re, I guess , probably very interested to know how one can manage to receive high yields .
There is no initial capital needed You may begin to receive yields with as small sum of money as 20-100 dollars.
AimTrust is what you thought of all the time
The company represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
Its head office is in Panama with affiliates around the world.
Do you want to become an affluent person?
That`s your chance That`s what you desire!
I`m happy and lucky, I began to get income with the help of this company,
and I invite you to do the same. If it gets down to choose a proper partner utilizes your funds in a right way - that`s AimTrust!.
I take now up to 2G every day, and my first investment was 500 dollars only!
It`s easy to get involved , just click this link http://qidylusy.freewebsitehosting.com/jekodubo.html
and lucky you`re! Let`s take this option together to feel the smell of real money
Thank you but sounds a little too Kevin Trudeau-ish.
In the local small town news, some
anonymous old lady stopped by the Salvation Army and dropped off a pair of gold Canadian coins. The SA people were delighted to find them worth over $1100 a piece. I guess it is because the 'maple leaf' is pure gold?
Just like the American Eagle bullion coins, it is available in Silver and Gold. The price on the 1oz gold Maple Leaf is about $1200 actually.
I'd never do such a thing. Then, I'm not an altruist either.
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