Great American Coin Co Blog
November 28, 2019

A funny thing happens to gold and silver most Decembers. Prices tend to go down and this December may be the best time buy gold and silver since last summer. Prices for both metals have been on a slight downward trend, from a high of $1549 on September 3 for gold to $1460 as this article is being wr...

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March 28, 2018

Just as with many other fashions, after a while people get tired of coin designs. By 1879 some were complaining that US coin designs had become outdated and second-rate. This led to an internal request in the 1880s by Mint Director James Kimball for new coin designs, but the responses were disappoin...

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March 21, 2018

When people think of West Point, they think of the US Military Academy. But how many know there’s a US Mint there, too? Built in 1937 as a depository for storing US silver bullion reserves, the West Point facility was known (or unknown) as the Fort Knox of Silver. Today with silver out of all circul...

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March 21, 2018

Most counterfeiters achieve their notoriety after they have been apprehended and identified. But the identity of one master counterfeiter of US gold coins remains unknown to this day. Known as The Omega Man for the distinctive mark left on his (her, their) fakes, this counterfeiter made an estimated...

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March 21, 2018

Released in 1909 to commemorate the 100th anniversary of Abraham Lincoln’s birth, the first-generation Lincoln cents had the 16th president’s bust on the front (obverse) and a wreath of wheat on the reverse. These coins are known as “Wheat Cents” or “Wheaties.” Collecting them is a specialty of its ...

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March 13, 2018

The Twenty-Cent Piece: 1875-1878 Some coins outlive their usefulness—two- and three-cent coins, for example. Others, like the half dime, are replaced by newer versions. And some were simply bad ideas. That was certainly the case with the short-lived twenty-cent piece. The Do...

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March 13, 2018

Brockage Coins Generally speaking, the more obvious an error, the rarer and more valuable the coin is. And one of the most obvious errors is what’s known as a brockage. A brockage occurs when an already struck coin sticks to the die and fails to eject from the coin press causing its...

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March 07, 2018

Do you have a valuable penny in your pocket? While most postwar one-cent coins are only worth their face value, several are considered collectible for a variety of reasons. And with billions of pennies in circulation, you might even find some in your change. These include doubled die coins and date ...

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February 27, 2018

State-Issued Coins: New Jersey Coppers Representatives of the thirteen British colonies in North America gathered in Philadelphia in 1774 at the urging of Benjamin Franklin to address matters of local governance and grievances with British rule. Known as the Continental Congress, it...

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