America’s largest circulating gold coin was the double eagle or $20 piece, born in the exciting years of the great California Gold Rush. The new mines yielded the greatest mass of gold in recorded history. Vast quantities of the yellow metal helped to speed development of the American West and had far-reaching effects on the world’s coinage.
Political pressure, not public demand, brought the Morgan dollar into being. There was no real need for a new silver dollar in the late 1870s; the last previous “cartwheel,” the Liberty Seated dollar, had been legislated out of existence in 1873, and hardly anyone missed it. Silver-mining interests did miss the dollar, though, and lobbied Congress forcefully for its return.
The “war to end all wars” fell far short of that noble aspiration. What history now refers to as World War I, which ravaged Europe from 1914 to 1918, did stir worldwide yearning, however, for peace. One direct result of that fervent hope was the League of Nations. A second was the Peace dollar. The United States shunned the League, but warmly embraced the coin.
In 1904, President Theodore Roosevelt began a campaign to "beautify" American coinage due to his perception that the current U.S. gold coinage was "artistically of atrocious hideousness." He reached out to Augustus Saint-Gaudens, a sculptor and personal friend of his, to request that he redesign the Double Eagle to reflect the beauty of the coinage of the birthplace of democracy - ancient Greece.
As part of the Renaissance of American Coinage that began with Theodore Roosevelt, the Buffalo Nickel or Indian Head Nickel was the copper-nickel replacement for the Liberty Head Nickel. These iconic coins were subject to wear and had several issues with indistinct strikes. This makes for a wide diversity in value between years and mints for Buffalo Nickels with coins ranging from a few cents to thousands of dollars.
Important information for buying and selling gold and silver bullion during COVID-19 pandemic.
Whether buying, selling or researching, determining a coin's value is a critical part of numismatics, and probably the most difficult part. That's why we've put together a comprehensive study and tools to give you real-time values for your rare coin collections.
What makes a coin "rare"? Should I invest in rare coins, medals and notes? These are great questions - we've put together some guidelines for how to determine a coins rarity, and how to decide whether or not you are ready to invest in rare coins or other numismatics.
If you are considering getting into coin collecting, then you've come to the right place. Learn what coin collecting is and why so many people are avid coin collectors. We'll walk you through everything you need to know about the exciting word of numismatics!
A numismatist is an individuals who studies currencies, usually specializing in specific types, regions, countries or eras. Their research pertains mainly to the currencies’ production and physical attributes, as well as any historical information.
Should I invest in rare coins?
Investing in rare coins can be a good way to diversify your investment portfolio, but it also comes with risks. The value of rare coins can fluctuate depending on a number of factors, including supply and demand, economic conditions, and historical events.
It's also important to note that the market for rare coins is relatively small and illiquid, meaning that it can be difficult to buy or sell coins at a fair price. Moreover, coin collecting is a specialized field and requires a great deal of knowledge and research.
If you're thinking about investing in rare coins, it's important to do your research, understand the risks, and consult with experts in the field. It's also important to have a clear investment strategy and to invest only what you can afford to lose.
Keep in mind that any kind of investment carries some level of risk. It is always important to consult a financial advisor before making any investment decisions.