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The Lincoln cent 1959 – 2016

April 25, 2016 in Antique Coins, Blogs, Cents, Coins, Collecting, Copper, Copper Coins, Education, History, Numismatica, Numismatics, Pennies, Rare Coins, US Mint, USA Coins

By: Libertycoin Liberty Coin and Currency Blog

1959 Proof Penny

Starting in 1959, The Mint starting stamping the back of the penny with the image of the Lincoln Memorial. The year 1959 was the 150th anniversary of Abraham Lincoln’s birth. From 1959–1962 the penny was made up of 95% copper, 5% tin and zinc. However, from 1962–1982, the composition of the penny was changed by removing the tin, making the penny 95% copper and 5% zinc. They all would weigh in at 3.11 grams. The pennies made from 1982 to present, weigh 2.5 grams and are made up of 97.5% zinc and 2.5% copper, most of which is a pure… Full article at the source>

Source: Liberty Coin and Currency Blog

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PCGS Analysis Confirms Two More Virtually Pure Copper Judd-2 1792 Pattern Cents

February 26, 2016 in Antique Coins, Cents, Coins, Collecting, Copper, Copper Coins, Education, Grading, History, News, Numismatica, Numismatics, PCGS (Professional Coin Grading Service), Press Releases, Rare Coins, US Mint, USA Coins

For immediate release
February 26, 2016

News media contact:
Steve Sloan, (949) 567-1223

PCGS Analysis Confirms Two More
Virtually Pure Copper Judd-2 1792 Pattern Cents

 

This 1792 J-2 pattern cent owned by California collector Alan Weinberg is nearly pure copper, according to PCGS. (Photo credit: PCGS CoinFacts.)

This 1792 J-2 pattern cent owned by California collector Alan Weinberg is nearly pure copper, according to PCGS. (Photo credit: PCGS CoinFacts.)

Professional Coin Grading Service (www.PCGS.com) recently had the unique opportunity to perform metallurgical testing on two different examples of the extremely rare 1792 Pattern Cent.  Both were shown to have been made of essentially pure copper instead of a “fusible alloy” containing copper and a small portion of silver.  

“The results give a clearer picture of how the U.S. Mint experimented on the earliest American coins in preparation for official coining in 1793.  At least three of the nine known 1792 Cents originally designated as the Judd-2 variety now are confirmed to be composed of virtually pure copper,” said Ron Guth, President of PCGS CoinFacts (www.PCGSCoinFacts.com), the Internet’s most comprehensive source for information about United States coins.

“This represents a major step forward in our understanding of early American numismatics, plus it was the first time these two rarities have been together in 224 years.  Working with the owners of the two 1792 cents, PCGS arranged for an in-house, non-invasive metallurgical analysis of their coins,” explained Guth.   

PCGS confirmed the Wolcott specimen 1792 J-2 cent is essentially pure copper. (Photo credit: PCGS CoinFacts.)

PCGS confirmed the Wolcott specimen 1792 J-2 cent is essentially pure copper. (Photo credit: PCGS CoinFacts.)

One of the recently tested Judd-2 cents has been owned by collector Alan Weinberg of California since 1988 when he purchased it at a Bowers and Merena auction.  Its pedigree includes the Lorin G. Parmelee, Virgil Brand and Norweb collections.  Although uncertified, PCGS estimates its grade as EF45, making it the second finest known.

The other recently tested coin, graded PCGS VF35, was unknown until 2004 when the Wolcott family from southwestern New York State brought their inherited coin to the American Numismatic Association World’s Fair of Money in Pittsburgh, Pennsylvania. It was certified by PCGS and its discovery generated nationwide headlines.  Owners since then have included Anthony Terranova, Denis Loring, Legend Numismatics and Bob R. Simpson. The coin now is owned by a collector who wishes to remain anonymous after purchasing it through Heritage Auctions this past January.

A third Judd-2 1792 cent, confirmed to be pure copper, is in the American Numismatic Association Edward C. Rochette Money Museum collection, and graded Good.

Early United States Mint engraver Henry Voight, who also created the 1793 Chain and Wreath cent varieties, designed the Judd-2 variety.

Judd refers to the book, United States Pattern, Experimental and Trial Pieces, a reference guide authored by Dr. J. Hewitt Judd.  Coins listed in the book are classified by Judd numbers, including J-2, the current designation for 1792-dated cents made of pure copper.

“1792 saw a flurry of activity aimed at establishing a mint in the United States.  Congress passed a Mint Act, a Director was chosen, a parcel of land was purchased, a building was erected in Philadelphia and employees were hired,” explained Guth.

“Several one-cent denomination coins were tested that year: a large copper piece known today as the Birch Cent (Judd-4); a smaller copper piece with a silver center (Judd-1); a piece of similar size in pure copper (Judd-2); and a piece of similar size with the copper and the silver center cent melted together into what is known as a ‘fusible alloy’ (Judd did not create a separate listing for such a coin).”  

“Mint records point to their experiment with fusible alloy cents, but none have been confirmed to date (one example tested years ago showed a small fraction of silver, but the margin of error of the test precluded a positive determination).”

The search for a real Fusible Alloy cent continues.  “Hopefully,” concluded Guth, “testing of the remaining 1792 cents will reveal the true nature of these remarkable coins.”

Now celebrating its 30th anniversary since its founding in 1986, Professional Coin Grading Service has become the industry standard in third-party certification.  With offices in California, Shanghai, Hong Kong and Paris, PCGS experts have certified over 32 million coins with a total market value of over 30 billion dollars.

For additional information about PCGS products and services, call 800-447-8848 or email info@pcgs.com.  

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The Lincoln Cent

February 5, 2016 in Antique Coins, Blogs, Cents, Coins, Collecting, Copper, Copper Coins, Education, Entertainment, History, Numismatica, Numismatics, Pennies, Rare Coins, US Mint, USA Coins

By: Libertycoin Liberty Coin and Currency Blog

1909 Lincoln 1C 2

The Lincoln cent, or most commonly called “penny”, started production in 1909. They have President Abraham Lincoln on the front which is where the name “Lincoln Cent” comes from. Starting with the first year of 1909 the penny has wheat ears on the back and is commonly called a “Wheat Back Penny”. They are made of bronze, which consists of 95% copper and 5% tin.

In 1909, there were pennies that were struck in San Francisco and Philadelphia that had the designer’s initials on the back of the penny at the bottom that read “V.D.B”, which stood for “Victor David Brenner”.

The… Full article at the source>

Source: Liberty Coin and Currency Blog

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Austria to Release 2016 Easter Coin, “Dürer’s Young Hare”

January 22, 2016 in Austrian Mint, Blogs, Coins, Coins for sale, Collecting, Commemorative, Copper, Copper Coins, Euro Coins, History, New Releases, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, World Coins

By: Dan Holmes World.mintnewsblog.com (News and Commentary on World Coins)

Bunny Duerer AgSMALL

The Austrian Mint has shared images and information on its upcoming 2016 Easter Coin featuring an image inspired by Albrecht Dürer’s 1502 masterpiece, “Feldhase,” which translates from the German to “young hare” or “field hare.” The coin will be issued in copper and silver, and will be available for €5 and €16.80, respectively.

The reverse of the nine-sided coin features Austrian Mint Chief Engraver Thomas Pesendorfer’s recreation of the Feldhase, with Albrecht Dürer’s initials, “AD,” and the year of issue, 2016, inscribed in the field below the image. The obverse bears a design common to Austrian 5… Full article at the source>

Source: world.mintnewsblog.com (News and Commentary on World Coins)

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Austrian Schoolgirl’s Winning Design Features on New Coin

October 12, 2015 in Austrian Coins, Circulating Coins, Coins, Coins for sale, Collecting, Commemorative, Competition, Copper, Copper Coins, Design, Education, Euro Coins, New Releases, News, Numismatica, Numismatics, Precious Metals, Prize Winners, Proof Coins, Silver, Silver Coins, World Coins

By: Michael Alexander News.CoinUpdate.com (Coin Update News)

austria 2015 Burgenland pair

The Mint of Austria has unveiled their latest coin in the series, “Austria by its Children”. This charming series began three years ago and has given Austrian 9- and 10-year-olds the opportunity to depict something important to them about their home town or province.

The series, which includes two coin issues per year, has been well received both in and out of Austria. The new coin is the eighth release overall in the series and the second of 2015; it features the province of Burgenland, Austria’s most eastern administrative region.

Burgenland bills itself as “the sunny side of Austria” and is best… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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World War One pre-decimal coin pack – available now

December 16, 2014 in Australian Coins, Blogs, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Copper Coins, History, News, Nickel Coins, Numismatica, Numismatics, Perth Mint, Precious Metals, Silver Coins, World Coins

By Blog Team Perth Mint Blog

WWI_Coin-pack

The launch of the Commonwealth’s own silver coins in 1910 and first bronze coins in 1911 were key events in the history of modern Australia.

A few years after their introduction, the young nation faced its biggest challenge to that point – a world war of unimaginable carnage and horror.

Drawing together these important themes, this superb pre-decimal coin pack offers collectors an example of all six Commonwealth coins featuring year-dates between the fateful years of 1914 Full article at the source>

Source: Perth Mint Blog

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China-bound passenger held with over 2,000 rare ancient coins

June 2, 2014 in Ancient Coins, Antique Coins, Coins, Copper, Copper Coins, Gold, Gold Coins, History, News, Numismatica, Numismatics, Rare Coins, Silver, Silver Coins, World Coins

By Jamal Shahid. June 2st, 2014 (http://www.dawn.com)

ISLAMABAD: Customs officials at the Benazir Bhutto International Airport made one of their biggest hauls of ancient coins and artifacts when they caught a China-bound passenger trying to smuggle out more than 2,000 rare items, including 16 well-preserved gold coins.

“We were surprised at the audacity of the man,” said a customs officer recalling the May 21 catch.

According to the officer, a smuggler would have on him 20 to about 100 such items to avoid detection.

Deputy Collector Customs Ghulam Ali Malik confirmed that Mehar Nabi from Peshawar was trying to catch an early morning flight (PK1-855) to Kashgar, China, on May 21, when baggage examination led to the recovery of the coins and other objects which apparently seemed antiques.

The recovered items were sent to the Department of Archaeology and Museums (DOAM) for verification.

Department of archaeology confirms that most of the artifacts were antique

Full article and pictures at the source>

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Historic Bass Collection Patterns Offered By Heritage Auctions At ANA World’s Fair of Money

June 2, 2014 in ANA (American Numismatic Association), Antique Coins, Auctions, Bronze Coins, Charity, Coin Grading, Coins, Coins for sale, Collecting, Copper, Copper Coins, Events, NGC (Numismatic Guaranty Corporation ), Nickel Coins, Numismatic Societies and Clubs, Numismatica, Numismatics, Press Releases, Rare Coins, Silver, Silver Coins, USA Coins

For immediate release
June 2, 2014

News media contact:
Noah Fleisher, (214) 409-1143  NoahF@ha.com

Historic Bass Collection Patterns Offered By Heritage Auctions At ANA World’s Fair of Money

 

Proceeds from August 7, 2014 auction of these 30 coins will aid philanthropic mission of Harry W. Bass, Jr. Foundation

 

(Dallas, Texas) — Thirty United States pattern coins from the acclaimed collection of the late Texas business executive and philanthropist Harry W. Bass Jr. (1927 – 1998) will be offered without reserves during the Platinum Night auction conducted by Heritage Auctions (http://www.ha.com) on August 7th, 2014 during the Chicago 2014 American Numismatic Association World’s Fair of MoneySM.  Proceeds from the sale will be used for philanthropic purposes by the Harry W. Bass Jr. Foundation of Dallas.

The Bass Collection 1838 plain edge Seated Liberty half dollar pattern in copper (Judd-77) will be offered without reserve by Heritage Auctions at the 2014 ANA World's Fair of Money. (Photo credit: Images from Heritage Auctions with permission from the Harry W. Bass Jr. Foundation.)

The Bass Collection 1838 plain edge Seated Liberty half dollar pattern in copper (Judd-77) will be offered without reserve by Heritage Auctions at the 2014 ANA World's Fair of Money. (Photo credit: Images from Heritage Auctions with permission from the Harry W. Bass Jr. Foundation.)

The Bass Collection 1838 plain edge Seated Liberty half dollar pattern in copper (Judd-77) will be offered without reserve by Heritage Auctions at the 2014 ANA World's Fair of Money. (Photo credit: Images from Heritage Auctions with permission from the Harry W. Bass Jr. Foundation.)

The Bass Collection 1838 plain edge Seated Liberty half dollar pattern in copper (Judd-77) will be offered without reserve by Heritage Auctions at the 2014 ANA World's Fair of Money. (Photo credit: Images from Heritage Auctions with permission from the Harry W. Bass Jr. Foundation.)

An 1865 with motto Seated dollar n silver (Judd-434) is among the 30 Bass Collection pattern coins Heritage Auctions will offer without reserve at the 2014 ANA World's Fair of Money. (Photo credit: Images from Heritage Auctions with permission from the Harry W. Bass Jr. Foundation.)

An 1865 with motto Seated dollar n silver (Judd-434) is among the 30 Bass Collection pattern coins Heritage Auctions will offer without reserve at the 2014 ANA World's Fair of Money. (Photo credit: Images from Heritage Auctions with permission from the Harry W. Bass Jr. Foundation.)

An 1865 with motto Seated dollar n silver (Judd-434) is among the 30 Bass Collection pattern coins Heritage Auctions will offer without reserve at the 2014 ANA World's Fair of Money. (Photo credit: Images from Heritage Auctions with permission from the Harry W. Bass Jr. Foundation.)

An 1865 with motto Seated dollar n silver (Judd-434) is among the 30 Bass Collection pattern coins Heritage Auctions will offer without reserve at the 2014 ANA World's Fair of Money. (Photo credit: Images from Heritage Auctions with permission from the Harry W. Bass Jr. Foundation.)

For the past 14 years, the 30 historic patterns have been on loan to the ANA and were frequently displayed in rotation with hundreds of other Bass Collection coins at the association’s Edward C. Rochette Money Museum at ANA headquarters in Colorado Springs, Colorado.

The coins in the upcoming auction include an 1838 plain edge Liberty Seated half dollar in copper (Judd-77), an 1865 with motto Seated Dollar in silver (J-434) and an 1875 Trade dollar in silver (J-1426).  All of the consigned Bass coins are being submitted to Numismatic Guaranty Corporation for grading and will have the pedigree on the insert labels in the holders.

Coins from the Bass Collection of patterns to be offered without reserve by Heritage Auctions at the 2014 ANA World's Fair of Money include this 1875 Trade dollar in silver (Judd-1426). (Photo credit: Images from Heritage Auctions with permission from the Harry W. Bass Jr. Foundation.)

Coins from the Bass Collection of patterns to be offered without reserve by Heritage Auctions at the 2014 ANA World's Fair of Money include this 1875 Trade dollar in silver (Judd-1426). (Photo credit: Images from Heritage Auctions with permission from the Harry W. Bass Jr. Foundation.)

Coins from the Bass Collection of patterns to be offered without reserve by Heritage Auctions at the 2014 ANA World's Fair of Money include this 1875 Trade dollar in silver (Judd-1426). (Photo credit: Images from Heritage Auctions with permission from the Harry W. Bass Jr. Foundation.)

Coins from the Bass Collection of patterns to be offered without reserve by Heritage Auctions at the 2014 ANA World's Fair of Money include this 1875 Trade dollar in silver (Judd-1426). (Photo credit: Images from Heritage Auctions with permission from the Harry W. Bass Jr. Foundation.)

“These literally are museum-quality rare coins!,” said Todd Imhof, Executive Vice President of Heritage Auctions, an official auctioneer of the 2014 ANA World’s Fair of Money.

“These amazing patterns come to the Chicago auction out of the specialized holdings of the Bass Collection that has been on display at the ANA Museum since 2000 when the ANA was selected by the Harry W. Bass, Jr. Foundation to hold this incredible collection,” explained Imhof.

F. David Calhoun, Executive Director of the Harry W. Bass, Jr. Foundation stated: “Over the years, Harry Bass worked with various experts at Heritage and made purchases with our Dallas neighbor, but never consigned through their auctions. Now, we are returning selections to the marketplace. As the Harry W. Bass, Jr. Foundation sells these coins to provide funds to support our philanthropic mission, we are seeking the highest possible return. I trust Heritage to provide that, and I look forward to working with them in this new capacity.”

Pattern coins were produced usually in small quantity to test proposed designs, and sometimes were struck in various metals.  U.S. patterns are often cited by their “J” number as part of the reference system originally created by researcher and patterns reference book author, Dr. J. Hewitt Judd.

In addition to J-77, 434 and 1426 mentioned above, the 27 other patterns from the Bass Collection that will be offered at the auction are:

  • 1838 Seated Liberty half dollar, J-79 original in silver
  • 1850 Annular Cent, J-119 in billon
  • 1855 Flying Eagle cent, J-168 in bronze
  • 1861 With Motto half dollar, J-278 in copper
  • 1863 Postage Currency dime, J-326 in copper
  • 1863 With Motto quarter dollar, J-335 in silver
  • 1863 With Motto half dollar, J-344 in aluminum
  • 1865 With Motto half dollar, J-429 in silver
  • 1866 Washington five cent, J-473 in nickel
  • 1866 Shield nickel, J-509 in bronze
  • 1868 cent, J-606 in copper
  • 1869 Standard Silver quarter dollar, J-721 in silver
  • 1870 half dime, J-815 in copper
  • 1871 Indian Princess quarter dollar, J-1090 in silver
  • 1871 Indian Princess quarter dollar, J-1092 in aluminum
  • 1871 Indian Princess quarter dollar, J-1093 in silver
  • 1871 Indian Princess dollar, J-1149 in aluminum
  • 1872 Commercial dollar, J-1219 in silver
  • 1873 Trade dollar, J-1293 in silver
  • 1873 Trade dollar, J-1322 in silver
  • 1874 Twenty cent piece, J-1355 in copper
  • 1874 Twenty cent piece, J-1356 in aluminum
  • 1879 quarter dollar, J-1591 in copper
  • 1881 cent, J-1665 in aluminum
  • 1882 Shield nickel, J-1697 in nickel
  • 1885 Snowden dollar, J-1747 in silver
  • 1896 five cents, J-1771 in nickel

“Harry W. Bass, Jr.’s collection has long been heralded as one of the most amazing collections ever put together, and we’ve been very fortunate to get to display these beautiful works of art at the Edward C. Rochette Money Museum,” said Kim Kiick, ANA Executive Director. “Thousands of visitors to the Money Museum have enjoyed the Bass Collection over the years, and thousands more will continue to enjoy the rest of Harry Bass’s amazing collection in the interactive Bass Gallery. We very much appreciate our long-term relationship and support that the Harry W. Bass Jr. Foundation has given to the ANA.”

Bass was a life member of the ANA for more than 30 years.  He received the ANA Medal of Merit in 1989, and was selected to the association’s Numismatic Hall of Fame in 1998.

The Harry W. Bass, Jr. Foundation seeks to enrich the lives of Texans by providing support to qualified organizations in the areas of education, human services, civic and community, science and research, and arts and culture. It funds special projects of public entities or other nonprofit 501(c)(3) endeavors. Mr. Bass sought to extend the accomplishments of his father’s Harry Bass Foundation, established by Harry Bass, Sr., supporting Dallas charitable and religious institutions, hospitals, and museums with funds from family oil interests and subsequent investments. Assets of the merged Harry W. Bass, Jr. Foundation have continued to grow with the sale of portions of Mr. Bass’s coin collection, following his death in April 1998. This auction will further that mission.

Heritage Auctions is the largest auction house founded in the United States and the world’s third largest, with annual sales of more than $900 million, and 850,000+ online bidder members. For more information about Heritage Auctions, and to join and receive access to a complete record of prices realized, with full-color, enlargeable photos of each lot, please visit HA.com.

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