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Archive for August, 2010

Capped Bust Half Dollars

August 25th, 2010
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Capped Bust Half Dollars represented the third design for the denomination, following the short lived Flowing Hair and Draped Bust designs. The present series was minted for a significantly longer duration from 1807 to 1839 and in generally higher numbers. Many coins of the series remain available for collectors in circulated condition, although gem examples and certain varieties can be extremely rare.

John Reich was the designer of the Capped Bust Half Dollar, which features a rendition of Liberty facing left. She wears a cap bearing the word “Liberty” with locks of curled hair falling to shoulder length. Thirteen stars surround with the date below. The reverse of the coin features an eagle with wings outstretched and talons grasping a bundle of arrows and an olive branch. A scroll contains the inscription “E Pluribus Unum”, the words “United States of America” and the denomination surround. The design was later modified by Christian Gobrecht for the final years of the series.

Specifications for the series were initially 89.24% silver and 10.76% copper with a weight of 13.48 grams and diameter of 32.5 mm. The edge was lettered with the denomination. With the change to a reeded edge in 1836, the specifications were changed to 90% silver and 10% copper with a weight of 13.36 grams and diameter of 30 mm. Coins were produced at the Philadelphia Mint and the New Orleans Mint in the last year of the series.

Capped Bust Half Dollar

Capped Bust Half Dollar Coin Specifications

Dates: 1807-1839
Mints: Philadelphia
New Orleans
Composition: 89.24% silver, 10.76% copper (lettered edge 1807-1836)
90% silver, 10% copper (reeded edge 1836-1839)
Weight: 13.48 grams (lettered edge 1807-1836)
13.36 grams (reeded edge 1836-1839)
Diameter: 32.5 mm (lettered edge 1807-1836)
30.0 mm (reeded edge 1836-1839)

halves

American Silver Eagles

August 5th, 2010
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The American Silver Eagle was introduced in 1986 as the official silver bullion coin of the United States. It has become popular worldwide with precious metals investors as well as collectors. Each coin contains one ounce of .999 fine silver. The obverse design of the coins is taken from Adolph A. Weinman’s Walking Liberty Half Dollar and the reverse of the coins features a heraldic eagle designed by John Mercanti.

The US Mint issues the bullion version of the coin to a network of authorized purchasers based on the spot price of silver plus a fixed mark up. Traditionally, collectible versions of the coin have also been made available for purchase directly from the Mint. From 1986 to 2008, proof Silver Eagles were produced and sold in quantity. In recent years, the heavy demand for bullion coins has resulted in a suspension of collector offerings.

During the course of the series and across bullion and collector versions, American Silver Eagles have been produced at the West Point, San Francisco, and Philadelphia Mint facilities. Coins have been produced in bullion version, collectible proof, collectible uncirculated, and reverse proof.

American Silver Eagle

American Silver Eagle Coin Specifications

Dates: 1986-date
Mints: Philadelphia
San Francisco
West Point
Composition: 99.9% silver
0.01% copper
Weight: 31.101 grams
1.000 ounces
Diameter: 40.6 mm
1.598 inches

bullion ,