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Lincoln Cents have been minted continuously since 1909, the 100th anniversary of the birth of Abraham Lincoln. The coins were designed by Victor David Brenner, a sculptor whose design of a Lincoln Plaque caught the eye of President Teddy Roosevelt. Lincoln Cents are the longest running series of United States coins. The seri...
The “Renaissance of United States Coinage” began in 1907 with the creation of the $20 Saint-Gaudens Gold Double Eagle and the $10 Gold Eagle. Soon, all other denominations of U.S. Gold coins followed. But the rest of America’s coinage was not far behind. The Lincoln Cent was created in 1909 by Victor David ...
Laura Gardin Fraser was a very accomplished sculptress. She and her husband, James Earle Fraser, designed some of the most beautiful and important coins in U.S. history. In fact, James designed the iconic Buffalo Nickel, with its Native American chief on the obverse and American bison on the reverse. Laura designed several c...
The Buffalo Nickel is a truly American coin. Designed by James Earle Fraser, it has an iconic Native American chief on the obverse and an American bison on the reverse, typifying our American Western heritage. First minted in 1913, it became very popular with the American public very quickly. Production on the 1924 San Franc...
The Indian Head or Buffalo Nickel was first minted in 1913, replacing the Liberty Nickel, or “V” Nickel, which was first minted in 1883. The Buffalo Nickel was designed by noted sculptor James Earle Fraser, who appreciated our Western heritage. Fraser sought to design a coin that was “truly American” a...
In 1859, the U.S. Mint had just finished two years of striking millions of Flying Eagle cents. The coins were very difficult to strike well and the design was considered a “mediocre effort.” Director of the U.S. Mint James Snowden suggested to Mint Chief Engraver James B. Longacre that an allegorical representati...
The United States first minted one-cent coins back in 1793. The coins minted were called Large Cents, because, due to their size, they contained one cent’s worth of pure Copper. These were minted until 1857, when the price of Copper increased and a smaller cent was designed and struck. Given the mission of redesigning ...
The Lincoln Cent series began in 1909, the 100th anniversary of the birth of Abraham Lincoln. For nearly 50 years the series had several famous coins (1909-S VDB, 1914-D, etc.) but nothing too unusual. Then, in the mid-1950s, the U.S. Mint in Philadelphia unintentionally created a very special error coin that would beco...
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History of Precious Metals
History plays an important role in all aspects of life. It is especially true when you are talking about the history of money and coins. Numismatics history helps determine the value of coins or currency, but it also highlights their importance in practical terms. Born out of the historical narrative of these coins and currency are modern conceptions of numismatics. Coins and currency have been circulated, collected, invested in, created and marveled since the beginning of time, and their history provides an interesting and thoughtful look into each numismatic product. From biblical times to modern numismatic programs, the numerous histories are vast, intricate and most importantly, special.
These resources will help you learn more about some of the world's finest numismatic programs, history of Gold prices and Silver prices, interesting people who owned Precious Metals, why metals are more now and much more. Knowing numismatic history will help you further understand its role in civilization and modern society.
How History Plays a Role in Numismatic Coin History
Numismatics dates back to biblical times. Even though the name may have changed, its practice and importance rings true today. Coins and currency have almost always been an integral part of life. Whether Gold, Silver, Platinum or Copper, coins and currency play a vital role to daily life. Every country around the world has their own form of currency or coins. It defines their lives in real ways and there is a real sense of associated historical value.
Numismatics has always been an intriguing field, even for people who are new to it. No one should overlook the historical context of numismatic products, including the loose change we have in our drawers at home. Each bullion piece tells a different story. History's role in numismatics can be broken down in various ways, but its importance can be seen in the way it has morphed and evolved to modern times.
- Ancient coin history: Even ancient history had countless stories of currency, coins and power. Kings and other royals owned the majority of the metals. They were a symbol of power, while the servants and non-royalty required metals as a necessity. Minting technology was often archaic. Metal production was just being discovered and there were few who understood how to harvest them or make bullion. Even so, the stories of ancient civilizations have the common element of Precious Metals. Investors and collectors can buy ancient coins and medieval coins today as they were circulated in the days of Alexander and Crosius.
- Colonial coins and the rise of currency: Colonial coins and currency became much more prevalent in money and coinage as the European west was breaking apart and new nations were being built around the world. As a result, there is a case study to be had about the currency of different nations. Colonial coins were among the first to be used in the United States and remained so until the rise of currency during and after the Civil War. All these forms of numismatics played an important role in forming the nation and became a tool for power.
- The Golden Age of coinage: The Golden Age saw the rise of several numismatic programs and coin production on a scale not seen before. Post-Civil War currency and coinage morphed out of both necessity and economics, but the results gave way to a stable fashioning of coinage and ideas. Famous artists like James Earle Fraser, August Saint-Gaudens and Adolph Weinman made their names known and etched their names in numismatic history during this period. The Golden Age saw coins such as the Gold Double Eagle, Morgan Silver Dollars, Walking Liberty Half Dollars and Seated Liberty Quarters, to name a few.
- Modern age coins and collections: The spirit of the Golden Age bleeds into the modern era of numismatics. American Silver Eagles and the 50 States Quarter programs are just a couple of the popular numismatic programs today. Various modern coin programs take place all over the world to showcase each country's history through the representation of coin history and currency. The modern age of coins and currency shows a diversification all around the world in an item that speaks the same language.
History is a good indicator of where our future is going. Numismatic coin history has seen a wide and sometimes circuitous path that leads to a bright future. Precious Metals have existed for thousands of years. Their value can be seen with the history of Silver prices and the history of Gold prices. How they track through centuries and generations to the modern era shows you how valuable they are. That value can be seen by the way they are utilized in instances throughout the world. When you buy a numismatic product, you are purchasing a special product that has a historical note attached.