5 Rare and Valuable US Coins

Have fun going through your old jars of coins.  You never know what you might find hidden in your collection.  This is taken from an article on www.blifaloo.com   

5 Rare and Valuable US Coins 

1943 Copper Penny

Coin: 1943 Copper Penny
Estimated Value: $10,000 - $100,000+

Background: Most circulating pennies at that time were struck in zinc-coated steel because copper and nickel were needed for the the war.

About 40 1943 copper cents are estimated to remain in existence, and only about a dozen confirmed to exist.

They were most likely made by accident when copper blanks remained in the press as production began on the new steel pennies.
In 2008, Steve Contursi sold a 1943-S authenticated copper wheat penny for more than $100,000 to a private collector. Contursi had bought the coin only a week earlier for about $72,000. 
How to spot it: The easiest way to determine if your 1943 cent is copper (and valuable) is to test it with a magnet. If it sticks to the magnet, it is a steel penny, and not valuable (but still pretty nifty).
If it does not stick, then you might have hit the jackpot...have a expert authenticate your coin, but be prepared for disappointment: there are probably many counterfeits of this coin. More info about 1943 Pennies on Wikipedia

1982 "No P" Dime
Coin: 1982 "No P" Dime
Estimated Value: $100+ (just saw one on ebay for $3000)

Background: Before 1980, dimes minted in Philadelphia didn't have a mint mark. Starting that year, a small letter "P" was placed on Philly dimes above the date.

In 1982 an error occurred when the mint mark was omitted from a small number of dimes, leaving them p-less.

How to spot it: 1982 dime, with no "p" above the date. Of course, this could be easy to fake -- an expert would need to authenticate the coin.

1955 Double Die Penny

Coin: 1955 Double Die Penny
Estimated Value: $300 - $25,000+

Background: Double dies are caused when from a misalignment during the production of a coin.

About 24,000 1955 double die cents were put into circulation.

In uncirculated condition, the 1955 Double Die wheat penny is worth over $25,000. Even circulated versions of the 1955 Double Die are worth $300-$1000+ depending on condition.
How to spot it: The doubling of the letters and numbers on this coin is pretty easy to see. Rare, but not too rare... these pop-up at auction every once and a while.

2001-P Double Struck New York Quarter

Coin: 2001-P Double Struck New York Quarter
Estimated Value: $400 - $3000

Background: The coin is sadistic and is not satisfied being struck once. A production goof keeps the coin in the chamber for extra striking making a very odd looking coin.

How to spot it: Off center image doubling of Washington and the Statue of Liberty.

1965 Silver Dime

Coin: 1965 Silver Dime
Estimated Value: $9000+

Background: The official production of silver dimes were discontinued in 1964.

Beginning in 1965 dimes were made out of copper and nickel. A silver 1965 dime is a mistake (and a rare one).

Only a few have been found, but more are believed to still be in circulation.
How to spot it: The silver coin has a silver edge; the common copper/nickel coin has a strip of brown around the edge.
A silver dime weighs 2.50 grams, while a copper/nickel dime weighs 2.27 grams
 

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The Washington Quarter

 PNG's website highlights different coins each month.  This was the "coin of the month" back in October 2009 but this details the history of the Washington quarter design.

THE WASHINGTON QUARTER

Gary Adkins, PNG #352

 The original Washington quarter was first proposed in 1930, with plans to issue a circulating commemorative coin on the 200^th anniversary of Washington's birth. The intention was that the coin would be made only in 1932, but the law that was passed stipulated that the design could actually become a regular coin and replace the Liberty Standing quarter that by then had seen less than 25 years of service. Plans went forward to hold a design contest and select a model for the portrait, and a decision was made to use the image modeled from life by Jean Antonine Houdon. Within weeks, more than 100 artists were hard at work hoping to win the $1,500 prize that was offered for the winning design.

 

A special panel viewed the entries and chose a model that Secretary Andrew Mellon promptly rejected. He had already chosen another pair of models and insisted that the panel go with his choice. The panel had selected the work of Laura Gardin Fraser, while Secretary Mellon preferred the work of sculptor John Flanagan. Why Mellon was adamant in his decision is not known. Both designs were outstanding, and while the Flanagan design has stood the test of time, the Fraser bust of Washington remained all but forgotten until 1999 when it was resurrected and used on the $5 gold commemorative coin made that year in remembrance of the 200^th anniversary of his death.

Technical difficulties delayed production of the Washington quarters and they were not ready for release in February, but when the coins were released later in 1932, they were an immediate success, and the public seemingly could not get enough of them. So strong was the demand that people continued to ask for them the next year when no quarters were minted, and by 1934 a decision was made to continue manufacturing Washington quarters as a regular circulating coin. From that time on, quarters with the Washington head design have been made every year, and frequently at all three mints.

Over the years the Washington quarter has been a virtual workhorse coin that is used more frequently than any other denomination in circulation. It has also served the nation well through several changes in appearance. In 1965 the 90% silver alloy was abandoned. Thereafter, all quarters made for circulation were made of a clad material consisting of an inner core of pure copper bonded to outer layers of copper-nickel. In 1976 it was selected, along with the half-dollar and dollar, to honor the bicentennial of the American Revolution.

When the Mint's 50-State Quarter Program began in 1999 the obverse design was altered slightly to include some of the wording from the reverse, and allow more room for the state design, but essentially it is the same recognizable image of the beloved first president. The influx of so many new and interesting reverse designs has brought new life and interest to collecting not only quarters, but all kinds of United States coins. The Mint estimates that as many as 130 Americans save at least one example of each new design, and many try to assemble a full set of each of the 50 states. A secondary program was established to extended coinage through 2009 to recognize The District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa, and the Commonwealth of the Northern Mariana Islands.

Assembling a complete set of date and mintmark Washington quarters is not difficult. Many of the old silver pieces are still available in Uncirculated condition at prices only slightly above their melt value. Once considered almost too common to save, many of these beautiful pieces have now gone into the melting pots, making those remaining for collectors possible future rarities.

Top 10 Most Valuable US Coins Found in Pocket Change

This is taken from the About.com article written by Susan Headley.  Our own comments are in parentheses in this font.

There are a number of fairly valuable U.S. error coins and die varieties in circulation today. These coins are overlooked by people because they have small distinguishing characteristics, such as a modest doubling of the coin image, or minute differences in the size or spacing of the letters in the legends. Learn which of your pocket change coins is worth a large premium over face value, and why.

1. 1969-S Lincoln Cent With a Doubled Die Obverse
This coin is exceedingly rare. The early specimens were confiscated by the Secret Service until the U.S. Mint admitted they were genuine. Counterfeits abound, but usually have the wrong mint mark. 

How to Detect: Look for clear doubling of the entire obverse ("heads" side) except for the mint mark. If the mint mark is doubled, it is probably a case of strike doubling, rather than a doubled die, which isn't worth much. (Mint marks were punched in the dies separately in 1969, after the doubled die itself had already been made.)
(strike doubling is common, while a doubled die is scarce)
Approximate Value: Around $35,000 or more in EF-40 or so.

 2. 1970-S Small Date Lincoln Cent With a Doubled Die Obverse

As with virtually all true doubled die varieties, only one side of the coin shows doubling. If both sides exhibit doubling, the coin probably exhibits strike doubling instead, and is worth little.
How to Detect: The rarer Small Date variety is most easily distinguished from the common type by the weakness of LIBERTY. The Doubled Die Obverse is best demonstrated by doubling in LIB and IN GOD WE TRUST.
Approximate Value: Around $3,000 in EF-40 or so.

3. 1972 Lincoln Cent With a Doubled Die Obverse

The 1972 (no mint mark) Lincoln Cent doubled die variety shows strong doubling on all elements. The "Cherrypicker's Guide to Rare Die Varieties", which was an important source for this article, suggests using a "die marker" to help verify your finds. A die marker is a gouge or crack that identifies a particular die.
How to Detect: Clear doubling of all obverse elements; look for a tiny gouge near the edge above the D in UNITED as a die marker.
Approximate Value: About $500 in EF-40 or so.

4. 2004-D Wisconsin State Quarter With an Extra Leaf

Variety experts disagree about the cause and long-term value of this type, but I've included in the list because it is very findable in pocket change and worth hundreds of dollars right now.

How to Detect: There is some defect on the die that makes it appear as if there's an extra leaf on the lower left-hand side of the ear of corn on the reverse. The leaf is very clear. Known in two varieties, the High Leaf and the Low Leaf type.

Approximate Value: $200-$300 in MS-60 or so.

5. 1999 Wide "AM" Reverse Lincoln Cent

This variety is known for 3 dates, 1998, 1999, and 2000, with 1999 being by far the rarest. The mint erroneously used a proof die to strike normal circulation coins.
How to Detect: The AM in AMERICA on the reverse is clearly separated in the Wide variety. In the normal variety for these dates, the letters AM are very close or touching.
Approximate Value: $5 to $25 in circulated condition, $75 to $600 in MS-63 or better depending on color. 1999 brings the highest prices, with 2000 being second.

6. 1982 No Mint Mark Roosevelt Dime

At the point in time that these coins were made, the dies sent to the individual branch mints would be punched with the proper mint mark letter for that branch. This variety is believed to be caused because one or more non-punched dies were used to make coins. (The letter P was being used for Philadelphia on dimes at this time.)
How to Detect: The 1982 dime is missing a mint mark.
Approximate Value: About $30 to $50 in AU-50, more for higher grades.

7. Presidential Dollar Edge Lettering Errors

Ever since the first Presidential Dollar (the Washington Dollar issued in 2007) there have been errors associated with the lettering on the edge of these coins. In some cases it is missing entirely. In others, the edge lettering has been placed there multiple times.
How to Detect: Look at the edge. The inscription should appear fully incused all around the circumference of the coin. Missing or doubled inscriptions are rare and valuable.
Approximate Value: $50 to $3,000, depending on the President.

8. 1995 Doubled Die Obverse Lincoln Cent

This doubled die variety generated a lot of mainstream interest when it was featured as a cover story in USA Today. Specimens are still being found in circulation all the time!
How to Detect: Clear doubling in LIBERTY and IN GOD WE TRUST.
Approximate Value: About $20 to $50 in Uncirculated condition.

9. Certain Uncirculated State Quarters

As the economy has worsened, people who have been hoarding rolls of State Quarters have been spending them into circulation. If you can put together whole rolls Uncirculated quarters of certain in-demand states, you can get as much as $50 per roll for them.
How to Detect: Demand changes from time-to-time based on major coin dealer promotions. Currently, look for Georgia, Connecticut, Tennessee, and Illinois. Quarters must be Uncirculated!
Approximate Value: $20 to $52 per roll for strictly Uncirculated rolls of certain states. For current updates, see the State Quarter Rolls Value Guide.

10. Silver Half Dollars

Most people think that the silver in U.S. coins ended in 1964, but this isn't true. The Half Dollar coin had silver in it until 1970. Many people spend the Half Dollars from 1965 to 1970, or sells them in rolls of halves they take to the bank, not realizing they are 40% silver.
How to Detect: If the Half Dollar is dated 1964 or earlier, it is 90% silver. Halves dated from 1965 to 1970 are 40% silver. You might also find silver Proof Half Dollars, which are 90% silver and dated to current. Silver Proof Halves have very shiny, mirror-like surfaces and there is no copper color when you view the edge.
Approximate Value: Value is based on silver spot price.

Mint Engraver: James Barton Longacre

This article is taken from http://uspatterns.com/jambarlon.html

James Barton Longacre was appointed chief engraver of the United States Mint on September 16, 1844, after the death of Christian Gobrecht. He served in the post until his death on January 1, 1869.

Longacre's work was on the: 

Liberty Head used on the 1848 gold $1 and $20

Indian Princess gold $1 and $3 of 1854

Indian Princess pattern silver coins of the late 1860s

two-cent piece

Shield nickel

five-cent pieces of the 1860s

Indian Head cent

This is but a short list, and many other items could be added. In total, Longacre's dies were used on hundreds of different pattern coins and trial pieces.

Through the influence of John C. Calhoun, Longacre was appointed as chief engraver at the Mint on September 16, 1844, to succeed the late Christian Gobrecht. While Gobrecht had been a medalist and coin engraver of high repute, Longacre's experience in the medium of struck pieces was limited or nonexistent. However, he was a talented artist, seems to have learned quickly, and by 1849 created his first major new coinage design, the Liberty Head for the gold dollar and double eagle, this project being quite complex and bringing criticism to the engraver when problems were found with the high relief of the portrait. However, adjustments were made, and the design endured on the double eagle until well into the following century, to 1907.

 

At the Mint during his tenure, particularly in the late 1850s and through the 1860s, various local engravers assisted him, these including William Barber and Anthony C. Paquet-both of whom became well known-and, less well known, P.F. Cross and William H. Key. The latter had an active business in Philadelphia and produced many store cards, tokens (including many connected with the Civil War series), and medals. Neither Cross nor Key are remembered or cited in the annals of pattern coinage, although no doubt they did some of the work on dies we associate with Longacre.

The chief engraver seems to have had little patience with certain of his associates and superiors in the Mint and thus became involved in several notable disputes. In particular, for a long time he was opposed by Chief Coiner Franklin Peale, who ran his own private business using Mint facilities and who was involved in many shenanigans, until he was fired by President Franklin Pearce in December 1854, after which point Longacre had an easier time.

  

Longacre remained chief engraver until his death on January 1, 1869.  In 1928 the New York Public Library mounted an exhibit of the work of 100 notable American engravers, including works by Longacre. In October 1985 in The Numismatist, in "Longacre, Unsung Engraver of the U.S. Mint," an article by Tom DeLorey, sketched the biography of this important 19th-century man, an engraver who was misunderstood in his time, but who later became a household word in the numismatic community. The DeLorey text was illustrated by sketches and photographs of patterns, a number of which had not been published earlier.

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The 1933 Gold Double Eagle - World's Most Valuable Coin

This is reprinted from an About.com Guide article by Susan Headley 

The 1933 Gold Double Eagle was Never Officially Issued:

The U.S. Gold Double Eagle, Saint-Gaudens type, had been issued from 1907 until 1932. Although 445,500 Double Eagles had been minted with the 1933 date, none were released into circulation because of changes made to currency laws during the Great Depression. In an effort to end the run on the banks and stabilize the economy, President Franklin Roosevelt took America off the gold standard. Not only were no more gold coins to be issued for circulation, people had to turn in the ones they had.

The 1933 Double Eagles are Ordered to be Destroyed:

It became illegal for private citizens to own gold coins, unless they clearly had a collectible value. This law was enacted during desperate times to prevent the hoarding of gold currency. Since there would be no more gold currency issued in the U.S., the Mint had melted down the 1933 run of Gold Double Eagles and converted them to gold bullion bars by 1937.

Some of the Double Eagles Escaped the Melt Down:

Two of the 1933 specimens were given by the Mint to the U.S. National Numismatic Collection at the Smithsonian Institute. These were the only two legal specimens to ever become part of a coin collection; however, by 1952, the Secret Service had confiscated 8 more 1933 Double Eagles! How did they leave the Mint? Why weren't they melted down?

Was the 1933 Double Eagle Switched for Another Coin?:

We may never know for certain how these coins left the Mint, but there is a general consensus among scholars that a Mint cashier by the name of George McCann exchanged about 20 1933's doomed for destruction and replaced them with earlier dated Double Eagles. This way, the accounting books would balance and nobody would realize that anything was amiss.  What we do know for sure is that a Philadelphia area jeweler by the name of Israel Switt came into possession of at least 19 of the coins.

The Coin of a King:

Israel Switt sold at least 9 of the 1933 Double Eagles privately to collectors, one of which found its way into the collection of King Farouk of Egypt. When the Secret Service discovered that these coins had surfaced, they confiscated them all because they were considered to be stolen property of the U.S. Mint. However, King Farouk had legally exported his coin before the theft was discovered, and the Secret Service was unable to recover his specimen through diplomatic channels.

The King's Specimen is Recovered in a Sting Operation:

After King Farouk was deposed in 1952, his 1933 Double Eagle briefly appeared on the market, but when it became clear that U.S. authorities still wanted to confiscate it, it vanished again! More than 40 years later, British coin dealer Stephen Fenton showed up with it in New York, and the Secret Service finally seized it during a sting operation during which they purportedly negotiated to purchase the coin.

The 1933 Double Eagle is Nearly Destroyed by Terrorists:

Fenton fought a several year-long legal battle in the U.S. courts over ownership of the coin, during time which it was stored in the Treasury Vaults at the World Trade Center. A mere 2 months before the terrorist attacks of September 11, 2001, the lawsuit was settled and the Double Eagle was moved to Fort Knox. Fenton and the U.S. Mint had come to a compromise: the coin would be sold at auction, with the proceeds split between the Fenton and the Mint.

Legal Tender at Last - and the Most Valuable Coin in the World:

The 1933 Double Eagle sold at auction on July 30, 2002, for $6.6 million, plus the 15% buyer's fee, which brought the total cost to the buyer to $7,590,000, plus $20 to monetize the coin and compensate the Mint for the $20 it believes it lost when the coin was thought to have been stolen. The buyer chose to remain anonymous, so once again we don't know where the Farouk specimen is, or when it might suddenly show up again. One thing is for sure: the Secret Service can't confiscate it any more!

In September of 2004, Joan Langbord, one of Israel Switt's heirs, discovered ten more specimens of the 1933 Double Eagle amongst his effects. Apparently unaware of the legal status of these coins (or perhaps just a bit too trusting of the government) she sent all ten specimens to the U.S. Mint to have them authenticated. The Secret Service declared the coins to be seized, and now Langbord is fighting the government over ownership while the specimens languish at Fort Knox. It will be interesting to see, should the 10 Langbord coins ever come to market, if the 1933 Double Eagle will retain its place as the world's highest priced coin when the number of available specimens increases ten-fold.

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Coin Grading Guide: Walking Liberty

This article is taken from the NGC's website.  We hope you will enjoy this unique review of our nation’s coinage.

Grading Walking Liberty Half Dollars (1916-1947)

Almost everyone's short list of favorite coin types includes the Walking Liberty half dollar. The United States Mint didn't share that view, however, as coins of this type were very difficult to strike; even proofs sometimes lacked complete details.

The Mint's Engraving Department attempted to correct this problem by sharpening the obverse master hub on several occasions, but the fundamental problem of poor metal flow into the dies proved insurmountable. This fact presents a challenge when attempting to grade Walking Liberty halves, as many of the pieces coined during the 1920s and earlier seem worn even when fully lustrous. This also is true of some of the branch mint issues of the '30s and '40s, particularly those coined at the San Francisco Mint.

Circulated halves are quite popular with collectors, though these coins did not wear evenly and can be unattractive in grades below Fine. The guidelines and photographs presented in The Official American Numismatic Association Grading Standards for United States Coins are very useful in determining the grades of circulated coins. This book also offers detailed descriptions of each Mint State grade level, though the most effective teaching tool is always hands-on experience.

The figure of Liberty and the eagle were both quite susceptible to contact marks from other coins, both before and after leaving the mint. These elements are in high relief and received only slight protection from the raised rims. As with any coin type, the Walking Liberty half dollar features certain areas where contact marks or hairline scratches have a greater impact on grading than they do in other areas. These are described in the ANA's guide as Prime Focal Areas and include the obverse field at the right (above the motto IN GOD WE TRUST) and the eagle's breast, left leg and left wing. Any surface disturbance occurring in these areas weighs heavily in lowering a coin's grade. Secondary Areas include the obverse field at the left, the sun's face and rays, Liberty's right arm, the flag drapery below it and the date area. Contact marks or hairline scratches located in these places still affect a coin's grade, but to a lesser degree.

Toning also is a grading issue with Walking Liberty halves. Coins of this type typically tone in an irregular and sometimes quite unattractive pattern. They're not likely to produce the beautiful concentric circles found on simpler designs. That's why you won't see very many toned Walkers in the marketplace, as many such coins have been "dipped" at some point to remove blotchy toning. There are exceptions, of course, and attractively toned examples may earn an extra grading point or the NGC star designation for superior eye appeal. Still, you should not be put off by dipped coins, particularly if their mint luster is unimpaired.

With their areas of exposed relief, Walking Liberty halves are particularly vulnerable to light stacking friction, or "rub" as it's sometimes called. This typically appears on Liberty's breasts, the breast and upper left leg of the eagle and the rims. Before the advent of certified grading, coins with such rub frequently were sold as mint state examples. These "sliders" are now graded AU-58, and that grade was devised specifically to describe such coins.
Before I conclude this discussion, a few additional words about striking quality are essential. The greatest deficiency in metal flow typically occurred at Liberty's left hand and the branch stem on the obverse, and at the eagle's breast and left leg on the reverse. Only on proofs dated 1936-42 are all of these elements brought up well, yet even some proofs are a bit indistinct in the shape of Liberty's hand. Many Denver and San Francisco Mint coins show additional weakness in Liberty's head, the olive branch and the date area. If severe, such weakness can lower the grade of a Mint State coin, and it can impair the wearing quality of circulated coins as well.

If you have any questions about buying or selling Walking Liberty half-dollars, please send us an email at info@usacoinbuyers.com and we can help you.

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Grading Indian Cents (1859-1909)

Here is another article about coin grading.  We often get questions in the store about the value of Indian pennies.

(This article is taken from the NGC's website.)

The Indian Head cent was an American icon for generations, in rare instances circulating as late as the 1950s. After several decades of relative inactivity, these coins have enjoyed renewed popularity in the past dozen years or so. With greater demand for Indian Head cents has come higher values and greater concern about grading.

In circulated grades, this issue is not so complex, as the descriptions and photographs in The Official American Numismatic Association Grading Standards for United States Coins are clear enough that anyone somewhat familiar with coins can easily interpret them.

The biggest issue is how to deal with coins that have been cleaned or damaged. NGC does not certify coins that bear obvious signs of cleaning, whether chemical or abrasive in nature. Damaged and altered coins likewise are rejected for encapsulation. Still, such coins do exist and will continue to be traded. For such pieces an alternative exists in the form of NCS certification. NGC's companion company will provided either details-only grading, with a notation of the problem condition, or simple authentication at the submitter's discretion.

The values for Indian Head cents are such that many collectors can complete all or most of the set in uncirculated condition. Browsing through certified population figures, it seems that most dates are readily available in the lower mint-state grades. Some factors, however, tend to keep down the population of high-grade pieces, particularly for dates before about 1897. Early Indian Head cents, struck in an alloy of .880 copper and .120 nickel, were heavy and clumsy in their proportions, and their contact with one another often produced dire consequences. Nicks and abrasions are not as big an issue for the later Indian Head cents struck in bronze, since their light weight limited the amount of damage inflicted.

As made, most coins of this type had attractive luster, though some may have lost theirs through prolonged exposure to harsh environments or because of inexpert cleaning. Quality of strike also comes into play for early dates, such as the copper-nickel issues of 1859-64, as well as some later bronze issues after about 1890. This is factored into the grading of these coins, and some allowance is made for dates that typically are a bit softly struck.

Another element in the grading of bronze cents is the amount of mint red color a coin has retained (copper-nickel cents are not distinguished by color, though this can factor into their overall grade). NGC adds to the grade of every copper or bronze coin the suffix BN for "Brown," RB for "Red and Brown," and RD for "Red."

The meaning of these terms is largely self-explanatory, but how and when they're applied is worthy of some comment. BN designates a coin that shows little or no mint red or has a non-red color such as the charming green or blue tones sometimes seen. To be designated RD, a coin must show nearly all of its original color, though this may be mellowed a bit. Those cents which fall between these extremes are labeled RB. While the percentages are subjective to some degree, in actual practice this labeling has proved remarkably consistent.

There's clearly a lot to think about when considering the grade of an Indian Head cent. With the popularity of these coins showing no sign of diminishing, accurate grading will remain a key factor in determining their value and appeal.

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America The Beautiful Quarters

America the Beautiful Quarters Program is a multi-year initiative to honor 56 national parks and other national sites in each state, the District of Columbia and U.S. territories—Puerto Rico, Guam, American Samoa, United States Virgin Islands and the Northern Mariana Islands.  Under this program, five new reverse designs will appear on the quarter-dollar each year beginning in 2010 and through 2021.

For 2011, the coins will feature Gettysburg National Military Park in Pennsylvania, Glacier National Park in Montana, Olympic National Park in Washington, Vicksburg National Military Park in Mississippi, and Chickasaw National Recreation Area in Oklahoma..

Release dates for each of the issues are now also available. The dates listed below represent the official dates that the coins may be released into circulation.  Official launch ceremonies for each quarter have usually been held on or shortly after the circulation release date, at the park or a related location.

The following information about individual quarters was taken from the US Mint site:

The Gettysburg National Military Park quarter is the first to be released in 2011. The Battle of Gettysburg was a turning point in the Civil War, the Union victory in the summer of 1863 that ended General Robert E. Lee's second and most ambitious invasion of the North. Often referred to as the "High Water Mark of the Confederacy," it was among the war's bloodiest battles, with 51,000 casualties. It also provided President Abraham Lincoln with the setting for his most famous address. It was the Gettysburg Battlefield Memorial Association, a group of concerned citizens, that first set out in 1864 to preserve the battlefield as a memorial to the Union troops who fought there. The park is well-known for its many monuments and memorials, the majority of which were placed by veterans of the battle. On February 11, 1895, the battlefield was transferred to the federal government as Gettysburg National Military Park (28 Stat. 651).

The reverse image depicts the 72^nd Pennsylvania Infantry Monument, which is located on the battle line of the Union Army at Cemetery Ridge. Inscriptions are GETTYSBURG, PENNSYLVANIA, 2011 and E PLURIBUS UNUM.

The Glacier National Park quarter is the second to be released in 2011. The park is named for its prominent glacier-carved terrain and remnant glaciers descended from the ice age of 10,000 years ago. Glacial forces, ancient seas, geologic faults and uplifting all combined to create some of the most spectacular scenery on earth. Known to the Blackfeet as the "Backbone of the World," Glacier National Park preserves more than 1 million acres of forests, alpine meadows, lakes, rugged peaks and glacially carved valleys in the Northern Rocky Mountains. These lands were first set aside as a national reserve on February 22, 1897 (29 Stat. 907).

The reverse image depicts a classic view of the northeast slope of Mount Reynolds towering in the distance, while a mountain goat clamors over the rocky slopes of the park's high country. Inscriptions are GLACIER, MONTANA, 2011 and E PLURIBUS UNUM. Design candidates were developed in consultation with representatives of Glacier National Park.

The Olympic National Park quarter is the third to be released in 2011. From glistening tidepools to glacier-capped peaks, Olympic National Park protects more than 70 miles of Pacific Ocean beaches and, less than 33 miles away, the glacier-capped 7,980-foot summit of Mount Olympus that is the heart of the Olympic range. The park consists of coastline, rugged peaks, meadows and lakes, scattered forests and steep forested slopes ending in broad, U-shaped valleys. Geology, climate, isolation, history and sheer size mean this nearly 1 million-acre park protects relatively intact ecosystems, making it a priceless living laboratory and a home for plants and myriad species of animals large and small. It was first established as a national site on February 22, 1897 (29 Stat. 901).

The reverse image depicts a Roosevelt elk standing on a gravel river bar of the Hoh River with a view of Mount Olympus in the background. Inscriptions are OLYMPIC, WASHINGTON, 2011 and E PLURIBUS UNUM. Design candidates were developed in consultation with representatives of Olympic National Park.

The Vicksburg National Military Park quarter is the fourth released in 2011. The park commemorates one of the pivotal battles of the Civil War — the campaign, siege, and defense of Vicksburg, Miss. Surrender on July 4, 1863, coupled with the fall of Port Hudson, La., split the South, giving control of the Mississippi River to the North. The museum exhibits at the park depict the hardships of civilians and soldiers during the devastating 47-day siege of the city. More than 1,350 monuments, a national cemetery and the restored Union ironclad gunboat, the U.S.S. Cairo, mark the 16-mile tour road. The U.S.S. Cairo was the first warship sunk by an electronically detonated "torpedo," which ushered in a new age of naval warfare. Vicksburg was first established as a national site on February 21, 1899 (30 Stat. 841).

The reverse image depicts the U.S.S. Cairo on the Yazoo River as it would have been seen when it served the U.S. Navy during the Civil War. Inscriptions are VICKSBURG, MISSISSIPPI, 2011 and E PLURIBUS UNUM. Design candidates were developed in consultation with representatives of Vicksburg National Military Park.

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The Chickasaw National Recreation Area quarter is the fifth released in 2011 and the 10th overall in the America the Beautiful Quarters® Program. The 7th national park established in the U.S., the park is unique in that it was founded through the support of an Indian tribe, the Chickasaw Nation. Chickasaw National Recreation Area exists as a part of the national park system to provide for the protection of the area's unique resources, springs, streams, lakes and other natural features; to protect and interpret its cultural history, historic landscapes and structures; to commemorate the Chickasaw Nation; and to provide for public education, appreciation and recreational use and enjoyment of those resources. It was originally established as a national site on July 1, 1902 (32 Stat. 641).

The reverse image depicts the Lincoln Bridge, built of limestone and dedicated in 1909 to celebrate the centennial of Abraham Lincoln's birth. The bridge is the first constructed improvement in the national recreation area and a favorite scenic spot. Inscriptions are CHICKASAW, OKLAHOMA, 2011 and E PLURIBUS UNUM. Design candidates were developed in consultation with representatives of Chickasaw National Recreation Area.

Martin Luther King, Jr. Stamps

Since the death of Martin Luther King Jr., memorial stamps have been issued in his honor worldwide.

The first postage stamp to honor the internationally known civil rights leader was issued by Ras Al-Khaimah on May 25, 1968. Other places have also issued stamps such as Cameroon, Mali, Sharjah, Mexico, India, Liberia, Rwanda, and the Virgin Islands. More recently, other states have issued stamps and postal souvenir sheets in Dr. King's honor.

Today, the civil rights leader has had more postage stamps issued in his honor than any other Black American. On January 13, 1979, the United States Postal Service unveiled a 15 cent commemorative stamp as a memorial to Martin Luther King Jr. during ceremonies at the Ebenezer Baptist Church in Atlanta. It was the 10th stamp in honor of a Black American and the second stamp issued in the Black Heritage USA Series which recognizes the contributions of Black Americans to the development of the United States.

The U.S. Postal Service has issued 166,435,000 King stamps.

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Stamp Show

This weekend BJ's Stamps and Coins has a booth at the ARIPEX Stamp Show in Tucson.
If you are in the area, stop by! 

The store is still open the regular hours (9 to 5) today and Saturday. 

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Proof Sets

What is the difference between the United States Mint Proof Set and the United States Mint Silver Proof Set?



Both coin sets use the same "proof" manufacturing process, and both contain the same number of coins. However, the United States Mint Proof Set is made with the same metal alloys that the United States Mint uses to produce coins for general circulation.

The Roosevelt dime, Kennedy half-dollar, and the quarters contained in the United States Mint Silver Proof Set are minted in 90% silver alloy.



SILVER Proof Set

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Satin Finish Mint Sets

Here is a great article we found on http://coinblog.org/:


The United States Mint has indicated that the "satin finish" will no longer be used for the annual Uncirculated Mint Set. This finish had been used for the sets since 2005. From 2011, a brilliant finish will be used.
The satin finish has a frosted look that is created by sandblasting the coin dies and burnishing the coin blanks. This created coins that were potentially in higher grades, provided they were not covered by contact or handling marks.
For some years such as 2005, higher grades are abundant. However, in the past two years, more often than not coins could not achieve the highest grades due to the aforementioned contact marks.
With the change, registry set collections will have less coins to worry about finding each year. Some interesting subsets are also created, consisting of satin finish coins issued from 2005 to 2010. Personally, I had been working on a satin finish Presidential Dollars Set. Now, I will try to complete this collection in earnest.
The scheduled release date for the 2011 Mint Set is February 8, 2011. This will be many months earlier than the release date set for the 2010 Mint Set.

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Commemorative Stamp Collection

This is a great way to start a stamp collection or a great addition to a growing collection.  "Celebrate the Century" is an exciting, limited edition stamp series that commemorates the most significant people, events and accomplishments of the 20th Century. 

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History of Money

Here is an interesting article we thought you might enjoy from by Michael Russell at  http://ezinearticles.com/?A-History-of-Coin-Collecting&id=447722


Today, it is believed that the first coins were bronze and used in China around 800-1,000BC. Lydia in Asia Minor used coins about 600-700 BC. The Lydian's coins were called "starters" which was a unit of weight. Starters were stamped with a lion's head image and made with a gold and silver alloy. Today, as you might guess, the coins that are still remaining are very valuable.

The early Americans did not use coins for money. They made their "notes" from beaver skins, wampum and tobacco. They had their own money system without coins in use until foreign traders came to America and demanded payment for their goods. The foreign coins then started to circulate, but soon Americans started making their own coins from copper in the 18th century. Then after the new American government was born, it started to regulate coinage. The rights to produce their own coins were eventually given to the states. Later, national coinage was produced in America and the first U.S. Mint building started their coining operations in Philadelphia in 1793. The Mint building was actually an old brewery! The cent coin was the first one struck for circulation.


It's amazing how these ingenious and enterprising early Americans operated their first Mints. They used a screw press that was powered by horses or many strong men! The planchets were squeezed between the obverse and reverse dies to strike the coins. At first, the dies were cut by hand. Sometimes a die cutter would add his own artistic flair to his dies.


Coin collecting has a long and colorful history and was mostly a hobby for the wealthy until more modern times. The Roman Emperor Augustus (63BC-14AD) was the earliest person known to collect coins. He collected them for his own collection and even gave out some as gifts. In the Middle Ages, the wealthy families and royalty amassed amazing collections. Even in the early history of America, only the wealthy could afford to collect coins. Everyone else had to spend the money for necessities such as food, shelter and clothing.


Then in 1858 the American Numismatic Society was formed and in 1891 the American Numismatic Association was founded. (A numismatist is a person who studies, collects or invests in paper money or coins). Because of these organizations, public awareness of coin collecting grew and in the 1930s the U.S. Commemorative coins were struck and became extremely popular with the public. More and more people were starting to collect and invest in coins. The numismatic hobby has been growing every since the 1930s and it is estimated that there are more that 15 million numismatists in the United States today!

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Statehood Quarters

We have a complete stock all years of Statehood Quarters from 1999 through 2010.  We sell all years both individually or in albums as a set.


If you are missing, for instance, an Alaska P...send us an email and we can help to complete your collection.

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Stamps 101, Part 3

This article is taken from the American Philatelic Society website.  http://www.stamps.org/kids/kid_qa.htm 
 
What makes a stamp valuable and how do you determine that value?

The value of a stamp is determined by the quantity available, the demand, and its condition. Approximate values, for both mint and used items, can be obtained from a stamp catalog.

Is it better to collect canceled or mint stamps?

This is a decision that collectors must make for themselves. Canceled stamps with light markings can make a beautiful and, of course, educational collection. They also usually are less expensive to obtain. It must be noted, however, that in general mint stamps will have a greater value in later years. This is not always true. One of the most valuable stamps, the 1 cent British Guiana, is a heavily canceled stamp.

What are the rarest or most expensive stamps?

There are more than ten stamps of which only one copy is known. And while rarity is one factor in determining value, the history behind the stamp often is more important. Some of the most famous and valuable stamps include:

• 1 cent 1856 British Guiana (Sold for $935,000 in 1980)
• 1d and 2d 1847 Post Office Mauritus (1d & 2d valued at $500,000 used; 1d at $1,100,000 unused)
• Sweden 1857 3 skilling Banco Yellow (Approximately $2,000,000)
• Hawaiian Islands 1851 2 cent Missionary ($660,000 unused; $200,000 used)
• British Guiana 1851 2 Cent Cottonreel ($70,000 used)
• Western Australia 1854 4d Inverted Swan ($60,000 used)
• United States 1868 1 cent Z Grill (Sold for $935,000 in 1988)
• Canada 1851 12 pence Victoria on Laid Paper ($80,000 unused and $50,000 used)
• United States 1918 Inverted Jenny ($150,000 unused)

The above values are based on catalog values or last known sales.

Why isn't there just one stamp with all different prices?

If all stamps appeared the same, Postal clerks and customers would be more likely to confuse them. In fact for a period of years the Universal Postal Union required that stamps had to be a particular color based on the rate they paid. Another important consideration is that stamps give us an opportunity to honor our great citizens, commemorate important events in our history and encourage our citizens to do things that help our society to work well, such as register to vote, and to give blood.

Why do people collect stamps?

People collect stamps for many different reasons. Some like to learn about the designs. Others enjoy them as little art works. Still others like to try to get all the stamps of one country. But most of all, stamp collectors have fun with their stamps because no collection is ever complete, so there is always a challenge. Besides, your stamps belong to YOU, and that is a nice feeling. And, of course, stamps are one way of sharing an interest with other people -- your friends, a parent or perhaps a neighbor. Even strangers can be instant friends when they discover that they both collect stamps!

How old must a stamp be before it's worth more than face value?

A stamp becomes valuable because there are fewer copies of it than there are collectors who want it. Age of the stamp is only one factor. Also important are how many were printed and how many collectors there are. There are some stamps that are 100 years old but a billion or more were printed. They will never be rare.

How and where do you get stamp catalogs, tools, and mounts?

Most often, people get stamp supplies, catalogs and stamps from stamp dealers. Visit the dealer listing on this website or look in the yellow pages of your telephone book under "stamps" or "stamps for collectors," and call before you visit to make sure that the dealer carries the things you need. If there is no local dealer, you need to find adult collectors who can tell you where they get what they need -- usually by mail. Sometimes a member of a local stamp club (see listing on our site) will order supplies for the club members, and you can submit your order with the club order.

Why are stamps canceled?

Stamps represent money that has been paid to the Postal Service. The money that is collected from selling stamps is used to pay the expenses of transporting and delivering the mail. Once stamps have been used, the cancellation makes them into a receipt for the service that the Postal Service has given. If more service is asked for in the form of a new letter, a new stamp must be used.

Where can I put my stamps if I don't have hinges or mounts?

Without hinges or mounts it will be difficult to display your stamps in an album or on home made pages because tape or glue will damage your stamps. You could use glassine envelopes or stock cards, but stamp hinges are less expensive. Self-stick pages sold for photographs should not be used, as the stamps may be hard to remove, and when the adhesive dries, it may discolor your stamps.

If you have a design you think would make a good stamp, where do you send it for people to look at?

Stamp design ideas should be sent to:

Citizens' Stamp Advisory Committee
Stamp Development
US Postal Service
1735 North Lynn St., Rm 5013
Arlington, VA 22209-6432

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Stamps 101, Part 2

This article is taken from the American Philatelic Society website.  We thought this might be interesting for stamp collectors just getting started.  If you missed it, also check out Part 1 posted yesterday.


Stamp History


How much did the first United States stamp cost?

The first United States stamps were issued in 1847. One featured a picture of Benjamin Franklin and cost five cents. The other featured a picture of George Washington and cost ten cents. (A U.S. Postage Rates listing is available for you to see postage rates and when they have increased.)

Why does the United States of America put only dead people on stamps when other countries picture people who are still living?

Each of the world's stamp-issuing nations has its own set of rules governing selection of subjects for stamps. The United States does not consider putting an individual on a stamp sooner than 10 years following his or her death. The exception is former Presidents of the United States, each of whom is honored with a memorial stamp on the first birthday following their death. The United States believes the impact of a person's life cannot be assessed until it has ended and that at least 10 years after death are required to make a fair evaluation. Most historians would agree that this is a sound policy.

How did stamp collecting start?

Shortly after adhesive postage stamps were introduced by Great Britain in 1840, people began collecting them. In 1841, a women even placed an advertisement in the London Times in which she requested help in collecting stamps so that she could paper a bedroom wall.

In what state was the first U.S. post office built?

The first post office was established in 1639 at the home of Richard Fairbanks in Boston, Massachusetts. The first building created to serve as a post office was built in Philadelphia, Pennsylvania in 1683.

How and why did the use of stamps get started?

The use of adhesive postage stamps, as we know them today, began in 1840 with the British postal system and was largely due to the efforts of Sir Rowland Hill. The 1840 stamps were created as a means of abolishing delivery charges based on distance and the number of pages. Weight of letters became the basis for delivery charges and stamps were used to indicate prepayment at a uniform minimum rate of one penny for a ½ ounce letter. Sir Rowland Hill believed lowering the rate would increase postal revenues through increased mail volume. History proved him correct.

In what year did the U.S. start printing stamps of different designs on one sheet? The Christmas issue of 1964 was the first year different designs were printed on the same pane of stamps. Four different stamps featuring holly, mistletoe, poinsettia and a sprig of conifer were issued in panes of 100 stamps, each pane containing 25 blocks of the four different stamps.

Where were the first U.S. airmail stamps used?

The United States began airmail service on May 15, 1918. Special stamps were issued to indicate prepayment of mail carried on the first flights. The first route, flown by Army pilots in Army planes, linked Washington, DC and New York City via Philadelphia, PA. The rate was 24 cents an ounce. This rate included special delivery to the addressee.

What was used before stamps?

Prior to the use of stamps, the person receiving a letter paid the delivery costs. Since rates at the time were very high, many people refused to accept a letter. Thus, the post office often suffered the cost of both delivery and return of the letter. Mainly for this reason, it turned to a means of prepaying postage.

When was the first time that meter stamps were used on mail?

Meters to pay postage were first used in New Zealand in 1904. The first use in the U.S. was on December 10, 1920 at Stamford, Connecticut.

When was Zip codes first used? The Zone Improvement Plan (ZIP) code -- a five digit number -- began on July 1, 1963. The first number designates the state or area; the next two numbers, the area within that state or area; and the last two digits, the office itself. Mr. ZIP was created to help people remember to use the ZIP code to help the Postal Service move the mail. He was printed on the margins of many U.S. stamps issued between 1964 and 1986.

Who appears most on U.S. stamps?

Since 1847, Benjamin Franklin and George Washington have appeared on more stamps than any other Americans.

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