Week one

Coin News
Coin auctions are great places to find coins for your collection, but they can get a little pricey. The top auction price since 2002 was $7,590,020, for one coin! Ask your parents how much your mortgage is, and you'll see how big a number that really is. What was this legendary coin? It was the extremely rare 1933 Double Eagle, or $20 gold coin. But no more is this coin the least affordable (or most expensive, same principle), for after standing over a decade, it was debunked, replaced by the 1794 Flowing hair silver dollar. How much did someone pay for it? The tidy sum of $10,016,875. Wow. This coin was based largely on the Spanish pieces of eight coin, and was about the same size and weight as said Spanish coin as well. Don't worry if you feel like you can't ever afford that price. If you start saving your pocket money now...  

 

1794 Silver Dollar

 

1933 Double eagle

Coin of the Week: Liberty Head $1 gold coin
Okay, so let's not get confused. Today we have a dollar coin, and yes, it is gold colored, but not real gold. So it may or may not surprise you that once upon a time, we had a real gold dollar coin. Designed by the famous James B. Longacre, and was about the size of a dime, only smaller! This coin was valued more than it's silver and paper counterparts, and many stores had separate prices payable in silver, gold, or paper money, which made shopping a thorn in the side. If you want one for your collection, expect to pay between $200 and $16,000, depending on how nice you want it to look.

1849 Gold Dollar

Amazing Artists: George T. Morgan
George Morgan was born in Birmingham, England, on November 24, 1845. He moved to the U.S.A. in 1876.
He caught the attention of the mint, and became chief engraver of the mint in his own right, despite resistance from former chief engravers, in 1917. Some of my personal favorite designs of his are as shown:

Morgan Silver Dollar

 

1878 Morgan $10 gold

 

1879 "Schoolgirl" Silver Dollar

 

Coiled Hair "Stella" $4 gold

 

$100 gold union

To learn more, check out these websites: www.usacoinbook/georgetmorgan, coinupdate.com/george-t-morgan, www.acoincollection.com/george-t-morgan

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