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California Gold Fractional Coins

Posted by Derek Sawchenko on

California Gold Fractional Coins

There was not enough change during the California Gold Rush. In 1852, jewelers began manufacturing small gold coins on their own. These coins are known as the California Fractional Gold Coins.  The coins are divided into groups based on the dates they were struck. The three groups include the following: Period One (1852 – 1856), Period Two (1859 – 1882), and Period Three (early 1900s). There are many varieties of gold coins within the periods. Coins of Period One and Period Two have denominations. They were mostly dollar coins with either a fraction of a quarter or a half dollar....

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2012 - Chaco Culture

Posted by Derek Sawchenko on

2012 - Chaco Culture
In 2008, Congress approved America’s National Parks Quarter Dollar Coin Act. President George W. Bush signed the act, making it official law, on December 23, 2008. The act led to the creation of the America the Beautiful Quarters Program in 2010. These silver quarters celebrate national parks and other historic sites.  The United States Mint issues and released the coins in 2010. Yellowstone National Park, Hawai’i Volcanoes Volcanoes National Park, Kisatchie National Forest, Mount Rushmore National Memorial, and more have been commemorated by the program.

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Classic Half Cent

Posted by Derek Sawchenko on

Classic Half Cent
The classic Half Cent coin was one of the earliest coins in United States History. It is also commonly known as the Half Penny. The Coinage Act, also known as the Mint Act, was passed by Congress on April 2, 1792. This act approved all denominations of currency for the country. These denominations were established by the United States Mint. The first president of the United States, George Washington, began his second term when the coin was first minted in 1793.  The half-cent was produced before silver and gold coins, which required security bonds. Half cents were easier to put into circulation. 

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Silver Is Up

Posted by Derek Sawchenko on

Silver Is Up
Silver has been having a good couple of weeks. Since April 4th, when the silver spot price was $14.45, it has gone up, and up, and up to $17.24. Many experts feel that the silver spike was a response to weakness in the US Dollar Index (DXY). And in the long term silver can continue this trend! Depending on, but not limited to, a multitude of factors like inflation, the devaluating of currency, Chinese physical exchanges, and more. Some people feel that silver prices could possibly shoot up over $50, or even $100! Comparatively, prices are very low right now. So this could be a good time as any to get a hold of some silver, even in the short term, prices look to trend upwards. One safe way to get your hands on some silver is through bullion coins. Coins valued for the precious metals that they contain within. If there is one place that you can easily get some silver it’s Certified Coin Consultants of Rockville Centre. With an A+ rating from the Better Business Bureau, and having some of the best, and most knowledgeable representatives in the industry you can be sure that it’ll be one of the best coin buying experiences you could have! 

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Men at the Mint: John Mercanti

Posted by Derek Sawchenko on

Men at the Mint: John Mercanti
John Mercanti is nothing less than a superstar in the coin world. Mercanti was born April 27, 1943, in Philadelphia and that is where his legend begins. Mercanti studied at the Pennsylvania Academy of Fine Arts, Philadelphia College of Art and Fleisher Art Memorial School, where he gained experience in both sculpting and engraving. Shortly after graduating, Mercanti began his six-year service with the Pennsylvania National Guard. From there, Mercanti advanced into his career at the United States Mint.

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