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Archive for May, 2010

Liberty Head Double Eagles

May 25th, 2010
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The double eagle was a new gold denomination created by the Coinage Act of 1849. The coins would carry a value of $20, the highest for a U.S. coin at the time and double the value of the eagle, which was created by the Coinage Act of 1792. The higher denomination was desired to strike the massive amounts of gold discovered in California into coin.

The Liberty Gold Double Eagle was designed by James B. Longacre. The new design was first struck in 1849 (a unique pattern coin) and produced for circulation starting in 1850. The obverse features the head of Liberty facing left with thirteen stars surrounding. The reverse features a modified version of the heraldic eagle with two scrolls. A circle of thirteen stars appears above with inscriptions around the entire design.

The coins were struck in 90% gold and 10% copper. Each coin contains .96750 ounces of pure gold. During the course of the series, which last more than half a century, coins were struck at Philadelphia, Carson City, Denver, New Orleans, and San Francisco.

Liberty Double Eagle

Liberty Head Double Eagle Coin Specifications

Dates: 1850-1907
Mints: Philadelphia
Carson City
Denver
New Orleans
San Francisco
Composition: 90% gold
10% copper
Weight: 34.29 grams
1.07 ounces
Diameter: 34.29 mm
1.35 inches

double eagles

Mercury Dimes

May 7th, 2010
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In 1916, new designs were introduced for the dime, quarter, and half dollar. The Mercury Dime replaced the previous Barber Dimes series, which had run from 1892 to 1916. The new coin was designed by Adolph A. Weinman, who had also provided the new half dollar design.

Mercury Dime

The Mercury Dime featured a portrait of Liberty wearing a winged cap. This image was mistaken for the Roman god of trade, profit, and commerce, who the coin is commonly named for. The reverse of the coin included a bundle of rods and an axe tied together, known as fasces. The coins carried the same composition and specifications as the prior series, but mintage only took place at Philadelphia, Denver, and San Francisco.

The design would be replaced after 1945 with an image to memorialize the recently passed Franklin D. Roosevelt.

Mercury Dime Coin Specifications

Dates: 1916-1945
Mints: Philadelphia
Denver
San Francisco
Composition: 90% silver
10% copper
Weight: 2.50 grams
0.08 ounces
Diameter: 17.91 mm
0.71 inches

dimes