News

Rare U.S. Dime Sold for Nearly $2 million

Posted by Derek Sawchenko on

Rare U.S. Dime Sold for Nearly $2 million
An 1894 S-Barber dime sold for $1,997,500 at an auction in Tampa in 2016. The 1894 S-Barber dime is one of the most highly prized U.S. coins for collectors, along with the 1804 dollar and the 1913 Liberty Head nickel.

Read more →

Rare U.S. Penny Sold for $1.7 Million

Posted by Derek Sawchenko on

Rare U.S. Penny Sold for $1.7 Million
A one-of-a-kind 1943 U.S. penny accidentally struck in copper rather than zinc was sold by a New Jersey dealer in 2010 for $1.7 million, with the proceeds given to charity.

Read more →

History of the U.S. Penny

Posted by Derek Sawchenko on

History of the U.S. Penny
The penny has gone through many different variations over its two-hundred-year existence. Until about 1857, it was about the size of the current US dollar coin. Here are a few notable examples of the US penny

Read more →

History of the U.S. Nickel

Posted by Derek Sawchenko on

History of the U.S. Nickel

The U.S. nickel is a five-cent coin struck by the U.S. Mint. First issued in 1866, the coin is composed of 75% copper and 25% nickel.The silver half dime, worth five cents, had been issued since the 1790s. The American Civil War created economic difficulty and led to gold and silver going out of circulation. Initially, the government issued paper currency in place of low-value coins.  However, after the successful introduction of two-cent and three-cent pieces without precious metal, Congress authorized the five-cent piece composed of base metal.There have been several versions of the nickel released over the years. Here...

Read more →

History of the U.S. Dime

Posted by Derek Sawchenko on

History of the U.S. Dime

The dime is a U.S. coin worth 10 cents. It is the smallest in diameter and thinnest coin minted for circulation in the U.S. The denomination of the dime was first authorized by the Coinage Act of 1792. The word "dime" comes from the French word dîme, meaning "tithe" or "tenth part," from the Latin decima.The obverse design of the current dime features the profile of President Franklin D. Roosevelt. The reverse design features an olive branch, a torch, and an oak branch. However, the design of the coin has changed frequently over the years. Here are a few notable versions...

Read more →