Tag Archive: USA


Walking Liberty Coin U.S.A. PCGS MS-69 1oz of Silver

Denomination –  Walking Liberty Half Dollar (0,50 Cents)
Country –  U.S.A.
Year – 2011
Head Of State – President Barack Obama
Mint – San Francisco
Obverse – Lady Liberty walking and holding branches;United States flag over shoulder
Reverse – A bald eagle rising from a mountaintop perch
Metal – 99,93 Silver – 0,07 Copper
Condition – Uncirculated – PCGS Certified and Graded MS-69
Creator – Adolph A. Weinman (Obverse) – John Mercanti (Reverse)
Edge – Reeded
Mintage – 950,000 (Proof)
Collection – Giannis Koromilas
Diameter  – 40,60 mm
Weight – 31,10 gr
Interesting Facts – The Walking Liberty Half Dollar was introduced in 1916 to replace the Barber Half Dollars series, which concluded in the previous year. The new series was the result of a design contest for a new half dollar. The winner of the contest was Adolph A. Weinman, who was also the winner of a contest to redesign the dime. His new design for the half dollar was extremely popular and has become an iconic representation of America.The obverse design of the Walking Liberty Half Dollar features a full figure of Liberty in a flowing gown with an American flag draped around her shoulders. As the series name suggests, she is walking forward, appearing as facing left on the coin. One arm is outstretched and the other holds a bouquet of olive branches. The sun is rising before her with with inscription “Liberty” widely spaced above and “In God We Trust” behind her.The reverse design of the coin features an eagle facing left, perched on a rock ledge with a twisted branch extending. The eagle’s wings are raised in a stance described as defiant or perhaps ready to take flight. “United States of America” appears above with “E Pluribus Unum” to the left of the eagle and the denomination “Half Dollar” below.

The Walking Liberty Half Dollar series contains a number of lower mintage dates which are considered key dates or semi-key dates. The two lowest mintage coins are among the  1921 Walking Liberty Half Dollars. The mintages for the Philadelphia and Denver strikes were 246,000 and 208,000, respectively. Other low mintage issues include the 1916, 1916-S, 1921-S, and 1938-D.

Proof coins were struck for the series only from 1936 to 1942. The mintage for the first proof issue was a mere 3,901 coins, but the figure steadily rose each year until 21,120 proof coins were minted in 1942. After that year, the production of proof coinage was suspended.

The Walking Liberty Half Dollar series concluded in 1947, when it was replaced by the Franklin Half Dollar. This design change also completed the transition from depictions of Liberty on circulating American coinage to depictions of historical Americans. The Walking Liberty design was later used on the American Silver Eagle bullion coin series, which began in 1986.

Walking Liberty Halves, “Walkers” as they are frequently called, are heavily collected due to their beauty.  They hold great appeal for traditional collectors as well as non collectors.  Over 485 million of these coins were produced between 1916 and 1947 with many that still exist in MS65 condition or better.  A full set of 65 different date-and-mint combinations can be bought for around $1000 in average circulated condition (AG-VG for earlier years and F to XF for later years) making this series achievable for many collectors.  As always, coins in higher grades and mint state condition will command huge premiums. 

You can also start with what is called the short set with are coins dated from 1941 to 1947 which is 20 coins.  Acquiring these in better grades can be very rewarding. 

One thing to look for in high grades is weakness of strike.  Most dates are weakly struck, particularly on Liberty’s left hand and leg, head and skirt lines and on the eagle’s breast and leg feathers. As you would guess, sharply struck coins typically demand substantial premiums. An effort to improve this issue was attempted by Chief Engraver George T. Morgan in 1918 and again by Assistant Engraver John R. Sinnock in 1937 and 1938. None of the revisions seemed to help though as later issues were still weak in the central parts of the design. Places to check for wear and weakness include Liberty’s head, breast, arms and left leg and the breast, leg and forward wing of the eagle.

Value – 59,95 USD http://silvereagleguide.com/2011-silver-eagle/


Advertisements

Description: Email rumor
Circulating since: February 2007
Status: Mixed

Example:
Email contributed by George S., Feb. 27, 2007:

NEW DOLLAR COINThis new coin came out this monthThe U.S. Mint hopes the redesigned $1 coin will win acceptance with consumers.

It does not have In God We Trust on it. Another way of leaving God out.
Send this on and let consumers decide if it will win acceptance or not.

Analysis: According to the U.S. Mint, an unknown number of new one-dollar George Washington coins (at least 50,000 of them, by one estimate) were erroneously struck without the motto “In God We Trust” and found their way into the batch of 300 million issued on February 15, 2007.

A rumor began circulating soon afterward to the effect that the religious slogan, which has been a standard inscription on U.S. coins since 1938 and the national motto since 1956, was intentionally omitted from the entire run of one-dollar coins.

That rumor is false, unless government sources are mistaken or lying. What remains unclear is whether it was inspired by the above-mentioned minting error or the fact that even when properly manufactured the new coin says “In God We Trust” on its outer edge instead of its face, per the Presidential $1 Coin Act of 2005

(10) In order to revitalize the design of United States coinage and return circulating coinage to its position as not only a necessary means of exchange in commerce, but also as an object of aesthetic beauty in its own right, it is appropriate to move many of the mottos and emblems, the inscription of the year, and the so-called “mint marks” that currently appear on the 2 faces of each circulating coin to the edge of the coin, which would allow larger and more dramatic artwork on the coins reminiscent of the so-called “Golden Age of Coinage” in the United States…

Article and Images Taken from About.com website “Urban Legends”

Philadelphia US Coin Mint

The Philadelphia mint was the first official mint in the United States of America. It was also where the first US coin was ever struck as well. The creation of the mint in Philadelphia, Pennsylvania was largely due to a need to create a national identity and to create a form of commerce in the newly formed country. In fact, the founding fathers of the US thought this was one of the higher priorities after the Constitution was ratified.

On April 2, 1972, the Coinage Act was made into the law and established the US Mint. Many people wonder why they chose Philadelphia of all places to build the first mint. The reason this city was chosen was because it was the national capital during that time period. They also decided what composition the coins would be, how much they would weight and what denominations would be created. They also agreed that the coins would have to have a “liberty” type theme or “an impression emblematic of liberty”.

“Ye Olde Mint” – First US Coin Mint in Philadelphia

The Coinage Act was created April 2nd of 1792 and it was a few months before the mint was built. A scientist by the name of David Rittenhouse was appointed by President George Washington to become the very first Director of the Mint. Rittenhouse bought two lots for $4,266.67 on July 18th of that same year. The location was at Seventh Street and 631 Filbert Street where an old abandoned whiskey distillery was located. Work began the next day when they immediately started to demolish the abandoned building.

Construction of the foundation started on July 31st and the building itself was completed by September 7th of that same year. All they had to do then was start installing equipment and a smelting furnace. In fact, the smelt house became the first public building built by the US government, which was three stories tall and was constructed with brick. During that time, it was one of the most prominent and tallest buildings in the city. They painted the words “Ye Olde Mint” and that was the first mint in the United States.

Original "Ye Olde Mint" PhiladelphiaThere was a lot of gold and silver that needed to be used to mint coins so they stored it in the basement of the mint in vaults. The coins were struck and minted on the first floor where the press was. They also weighted the coins here as well. The second floor of the Philadelphia mint housed the official offices and the third floor housed the assay office. They also had horses in the basement of a mill house that powered the rolling mill on the first floor.

Unfortunately, the smelt house and mill were destroyed by a fire in 1816. They had to do smelting in other locations because the smelt house since there was never a repair of the smelt house. They did build a brick building in place of the mill but this time the put a steam engine in place to power the machines instead of the horses. The first mint successfully minted until 1833 until they moved to a second mint located in Philadelphia. The original mint and land was sold off to Frank Steward who wanted to preserve the buildings and its history. Unfortunately, no one helped out and the buildings were destroyed around 1910 with nothing remaining except a small plaque.

The Second Mint of Philadelphia

Work on the second mint started on July 4th of 1829 when the cornerstone was laid down at a location where Chestnut and Juniper intersected. The nickname was “Grecian Temple” because the building was built with white marble and had columns that looked like the old Greek style. William Strickland designed the building and it measured 150 feet by 204 feet, which was much larger than the original. The second mint actually opened in 1833 and used some of the salvaged equipment from the first mint. The equipment was outdated so a man named Franklin Peale was sent out with a goal to learn about advanced minting techniques and machines in Europe. He then returned and improved the production of the mint ever since.

Second Philadelphia MintThe second mint existed through many great events in American history including the Civil War and the expansion of the nation from both coasts and a population growth from 13 million to 76 million. By the turn of the century, the demand for coinage became too great for the mint in Philadelphia, so they had to start thinking about an expansion. So in 1901, a third mint was created and the second one was destroyed in 1902. Interestingly enough, they dug up the original cornerstone and put it in a candy jar along with some coins, newspapers and a historical document about the mint and the new one that was about to be built.

The Third Mint of Philadelphia

The designer of the third mint was James Knox Taylor. They decided to build it at the address of 1700 Spring Garden Street, which was a block away from the US Smelting Company. The purpose of this mint was to expand production since demand was so high. In a single year, they were able to mint 501 million US coins and 90 million coins that were for the foreign countries.

Third Philadelphia US Mint - Community CollegeAlso, the design of the mint had a Roman temple style as opposed to the earlier Greek style of the second mint. Again, it was a very large and landmark-worthy building that was as large as an entire city block. To this day, this building still exists but it became part of the Community College of Philadelphia, who acquired it sometime in 1973.

The Current and Modern Philadelphia Coin Mint

The fourth and current modern mint that is in use today was built in 1969 only two blocks away from the original “Ye Olde Mint”. Vincent G. Kling designed this mint, which became the largest mint in the world until January 2009. The coin production here is amazing due to modern technology. In fact, one million coins can be minted in just half an hour, which would have taken 3 years to do at the original mint.

Current Modern Philadelphia Mint TodayNowadays the mint creates more than just US currency, but also commemorative items such as government awards, medals and special coins. Philadelphia also engraves all of the dies here as well. One important thing to note for collectors is that any coin without a mint mark was minted in Philadelphia. The Uncirculated or special coins include a “P” mintmark as well as circulated coins from after 1980 except for the Lincoln cents. Otherwise the regular circulated coins coming out of Philadelphia had no mint market except for the wartime Jefferson nickels and the 1979 Susan B. Anthony Dollar.

Interesting Facts and Coin Statistics of the Philadelphia Mint

Total Number of US Coins Ever Minted in Philadelphia = 344,949,858,004
That’s right! Over 300 BILLION Coins were minted in Philadelphia and that only includes the official US currencies. These figures come from adding up all of the mintages in our database from this particular mint, which does not include the coins that had “N/A” or unknown mint figures or figures from the current year. So the number above is extremely conservative and the total number of coins ever minted in Philadelphia throughout the entire history of the United States of America is at least this much!

Total Number of Half Cents Ever Minted in Philadelphia = 8,092,399 face value worth $40,462

Total Number of Large Cents Ever Minted in Philadelphia = 155,626,453 face value worth $1,556,265

Total Number of Small Cents Ever Minted in Philadelphia = 224,734,003,784 face value worth $2,247,340,038

Total Number of Two Cent Pieces Ever Minted in Philadelphia = 45,601,600 face value worth $912,032

Total Number of Three Cent Pieces Ever Minted in Philadelphia = 73,387,556 face value worth $2,201,627

Total Number of Nickels Ever Minted in Philadelphia = 27,193,713,512 face value worth $1,359,685,676

Total Number of Half Dimes Ever Minted in Philadelphia = 80,897,258 face value worth $4,044,863

Total Number of Dimes Ever Minted in Philadelphia = 45,439,785,128 face value worth $4,543,978,513

Total Number of Twenty Cent Pieces Ever Minted in Philadelphia = 56,710 face value worth $11,342

Total Number of Quarters Ever Minted in Philadelphia = 41,022,963,485 face value worth $10,255,740,871

Total Number of Half Dollars Ever Minted in Philadelphia = 2,807,576,225 face value worth $1,403,788,113

Total Number of Dollars Ever Minted in Philadelphia = 3,071,598,773 face value worth $3,071,598,773

Total Number of Gold Dollars Ever Minted in Philadelphia = 18,258,798 face value worth $18,258,798

Total Number of $2.50 Gold Quarter Eagles Ever Minted in Philadelphia = 16,761,812 face value worth $41,904,530

Total Number of $3 Gold Coins Ever Minted in Philadelphia = 407,161 face value worth $1,221,483

Total Number of $4 Gold Coins Ever Minted in Philadelphia = 472 face value worth $1,888

Total Number of $5 Gold Half Eagles Ever Minted in Philadelphia = 41,914,850 face value worth $209,574,250

Total Number of $10 Gold Eagles Ever Minted in Philadelphia = 34,563,330 face value worth $345,633,300

Total Number of $20 Gold Double Eagles Ever Minted in Philadelphia = 71,180,180 face value worth $1,423,603,600

Article Taken from the USA Coin Book website URL http://www.usacoinbook.com/encyclopedia/coin-mints/philadelphia/

Denomination –  1 Dime (0,10 Dollars)
Country –  United States Of America
Year –  1989
Head Of State – President George H.W. Bush
Mint – Philadelphia
Obverse – The portrait in left profile of Franklin D. Roosevelt, the 32nd President of the United States from 1933 to his death in 1945, accompanied with the motto: “IN GOD WE TRUST” and surrounded with the lettering “LIBERTY”. Philadelphia “P” 1980-date
Lettering: LIBERTY – IN GOD WE TRUST – 2005 P – JS
Reverse – Ahead the motto “E • PLU RIB US • U NUM”, an olive branch, a torch and an oak branch symbolize respectively peace, liberty and victory and are surrounded with the facial value and the lettering “UNITED STATES OF AMERICA”
Lettering: E • PLU RIB US • U NUM – UNITED STATES OF AMERICA • ONE DIME •
Metal – Outer layers – 75% copper and 25% nickel bonded to an inner core of pure copper
Condition – Uncirculated
Creator – John R. Sinnock
Catalogue – http://en.numista.com/catalogue/pieces53.html
Edge – Reeded (118 reeds)
Mintage – 1.298.400.000
Collection – Giannis Koromilas
Diameter  –  17,91 mm
Weight – 2,27 gr
Interesting Facts –  Early Roosevelt dimes were made of 90% silver and 10% copper (1946-1964). Dime pieces from 1964 forward are clad coinage consisting of copper sandwiched between two layers of an alloy that is 75% copper and 25% nickel.Beginning in 1992, silver coins were included in yearly collectors sets produced by the US Mint. These 90 percent silver proof coins include the Roosevelt Dime, Washington Quarter and Kennedy Half Dollar.
Image Taken from UCoins.net website
Denomination –  1 Cent (0,01 Dollars)
Country –  United States Of America
Year –  1963
Head Of State – President John F. Kennedy
Mint – Denver
Obverse – Abraham Lincoln, In God We Trust, Liberty, 1963
Reverse – E Pluribus Unum, One Cent, Unites States Of America, Two Wheat Stalks
Metal – 95% Copper – 5% Zinc
Condition – Uncirculated
Creator – Frank Gasparro
Catalogue –  KM #201
Edge – Plain
Mintage – 1,774,020,400
Collection – Giannis Katopodis
Diameter  –  19.0 mm
Weight – 3.11 gr
Interesting Facts –  The Lincoln cent coinage represented new directions the mint had begun taking. Of the most notable is that it was the first circulating coin to feature a portrait of an actual person and not that of lady liberty. This spelled the beginning of the end for lady liberty on other denominations in years to come.Being the first coin to depict a real person is not the only “first” status that the cent can claim to. The Lincoln cent was also the first to bear the term “IN GOD WE TRUST”, the first cent ever to be minted at the Denver Mint, and in WWII issue the first and only U.S. circulating coin made of steel. MS60 prices are for Brown coins and MS65 prices are for coins that are at least 90% original red. The dates were modified in 1960, 1970 and 1982, resulting in large-date and small-date varieties for those years.
Krause Value – 12,00 $ (MS-65)
Denomination –  5 Cents (0,05 Dollars)
Country –  United States Of America
Year –  2005
Head Of State – President George W. Bush
Mint – Philadelphia
Obverse – Thomas Jefferson large profile, 3rd President of the United States and author of the Declaration of Independence. Mintmark “P” of Philadelphia Mint
Reverse – American Bison – E Pluribus Unum (One, out of many)
Metal – 75% Copper – 25% Nickel
Condition – Uncirculated
Creator – Obv. Designer: Joe Fitzgerald and Don Everhart II – Rev. Designer: Jamie Franki and Norman E. Nemeth
Catalogue – KM#368
Edge – Smooth
Mintage – 448.320.000
Collection – Giannis Katopodis
Diameter  – 21,21 mm
Weight – 5,00 gr
Interesting Facts – The 1938 through 1942 D versions of the nickel are also made of the same composition, but generally are sold for a premium over their melt value due to rarity. 0,05053606 was the melt value on December 18,2011.As of March 14, 2011, the value of the metal in a nickel is $0.0665396, 33.07% more than its face value. 
Krause Value – 1,00$ (MS-65)
Image taken from UCoins.net website