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...
Read MoreThe ruble is the world’s second oldest currency after the British pound. It was also the world’s first decimal currency when it was divided into 100 kopeks in 1704. It has gone through three phases during its 600-plus years of existence, first as the currency of the Russian Empire (1547-1917), then ...
Read MorePart 3: Liberty Seated Dimes, 1837-1891 Andrew Jackson’s presidency (1829-1837) was controversial, to say the least, and his legacy is still being debated today. But his distrust of central banks and paper money led to renewed interest in the design of US coins. It was a time of gre...
Read MoreTen years after the California Gold Rush of 1849, gold was discovered in western Kansas Territory along the South Platte River near its confluence with a tributary named Cherry Creek. Settlements called Auraria and Denver City rose along the riverbanks and eventually merged to become the city of Den...
Read MoreThe Postwar Years The years after World War II saw a revival of small-time counterfeiters, most of whom have passed into obscurity. But three men became famous, one for his lack of greed, one for his mastery of counterfeiting, and one for the heinous acts that accompanied his counte...
Read MoreMule Coins Coin mistakes take many different forms, and some are more valuable than others. Some of the more interesting, rarest, and most valuable, are hybrid coins known as “mule coins.” Like the stubborn quadrupeds, mule coins are the result of cross-breeding. One side of the coi...
Read MoreYou can be forgiven if you think that US gold coins were called “eagles” due to designs that featured the national bird on them. It’s not true, but it’s an easy mistake to make. In fact, the eagle is one of the four base denominations specified in the original Coinage Act of 1792, the others being t...
Read MoreWait! you say. Half a dime is 5¢ and that’s a nickel, isn’t it? Well, that wasn’t always the case. When the US Mint opened in 1792, the coins it was tasked with producing included several that are no longer in circulation, one of which was a small, thin five-cent silver coin called the half dime. It...
Read MoreAfter a relatively short run of eight years, in 1809 the Draped Liberty dime gave way to a new design known as the Capped Bust dime. It featured a bust of Lady Liberty wearing a cloth Phrygian cap on its face and an eagle with an outstretched head clasping arrows and an olive branch on its reverse. ...
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