WELCOME TO NUMISMATICS INTRODUCTION INTRODUCTION WELCOME TO NUMISMATICS

perity, and creativity of every major nation on earth. We are but the custodians of
these historical relics; we must appreciate and care for them while they are in our pos-
session. Those who treat rare coins with the consideration and respect they deserve
will profit in many ways, not the least of which can be in the form of a sound financial
return on one's investment of time and money.

CHECKING YOUR COINS FOR AUTHENTICITY

Coin collectors occasionally encounter counterfeit coins, or coins that have been
altered or changed so that they appear to be something other than what they really
are. Any coin that does not seem to fit the description of similar pieces listed in this
guide book should be looked upon with suspicion. Experienced coin dealers can usu-
ally tell quickly whether a coin is genuine, and would never knowingly sell spurious Over a century ago, five-dollar gold pieces were imitated by gold plating 1883 Liberty
coins to a collector. Coins found in circulation or bought from a nonprofessional Head five-cent coins without the word CENTS on the reverse. Other coins commonly
source should be examined carefully. created fraudulently through alteration include the 1799 large cent and the 1909-S,
The risk of purchasing a spurious coin can be minimized through the use of com- 1909-S V.D.B., 1914-D, 1922 "plain," and 1943 "copper" cents. The 1913 Liberty Head
mon sense and an elementary knowledge of the techniques used by counterfeiters. It nickel has been extensively replicated by alteration of 1903 and 1912 nickels. Scarce,
is well to keep in mind that the more popular a coin is among collectors and the pub- hiqh-grade Denver and San Francisco Buffalo nickels of the 1920s; 1916-D and 1942
lic, the more likely it is that counterfeits and replicas will abound. Generally, collector Over 1941 dimes; 1918 Over 1917-S quarters; 1932-D and -S quarters; and 1804 silver
coins valued at under $100 are rarely replicated because of the high cost of making dollars have all been made by the alteration of genuine coins of other dates or mints.
such items. The same is true of counterfeits that are made to deceive the public. In
modern times, few counterfeit coins have been made because it is more profitable for
Detection
the fakers to print paper money. The best way to detect counterfeit coins is to compare suspected pieces with others
of the same issue. Carefully check size, color, luster, weight, edge devices, and design
Replicas details. Replicas generally have less detail than their genuine counterparts when stud-
Reproductions of famous and historical coins have been distributed for decades by ied under magnification. Modern struck counterfeits made to deceive collectors are
marketing firms and souvenir vendors. These pieces are often tucked away by the an exception to this rule. Any questionable gold coin should be referred to an expert
original recipients as curios, and later are found in old furniture by others who believe for verification.
they have discovered objects of great value. Most replicas are poorly made by the Cast forgeries are usually poorly made and of incorrect weight. Base metal is often
casting method, and are virtually worthless. They can sometimes be identified by a used in place of gold or silver, and the coins are lightweight and often incorrect in
seam that runs around the edge of the piece where the two halves of the casting mold color and luster. Deceptive cast pieces have been made using real metal content and
were joined together. Genuine specimens of extremely rare or valuable coins are modern dental techniques, but these too usually vary in quality and color.
almost never found in unlikely places. Detection of alterations sometimes involves comparative examination of the sus-
pected areas of a coin (usually mintmarks and date digits) at magnification ranging
Counterfeits from 10x to 40x.
For many centuries, counterfeiters have produced base-metal forgeries of gold and Coins of exceptional rarity or value should never be purchased without a written
silver coins to deceive the public in the normal course of trade. These pieces are usu- guarantee of authenticity. Professional authentication of rare coins for a fee is avail-
ally crudely made and easily detected on close examination. Crudely cast counterfeit able with the services offered by commercial grading services, and by some inde-
copies of older coins are the most prevalent. These can usually be detected by the pendent coin dealers.
casting bubbles or pimples that can be seen with low-power magnification. Pieces
struck from handmade dies are more deceptive, but the engravings do not match COINS FROM TREASURES AND HOARDS:
those of genuine Mint products. A KEY TO UNDERSTANDING RARITY AND VALUE
More recently, as coin collecting has gained popularity and rare coin prices have risen,
"numismatic" counterfeits have become more common. The majority of these are die-
by Q. David Bowers
struck gold coin counterfeits that have been mass produced overseas since 1950. Forg- Elements of Rarity
eries exist of most U.S. gold coins dated between 1870 and 1933, as well as all issues of In many instances, the mintage of a coin can be a determinant of its present-day rar-
the gold dollar and three-dollar gold piece. Most of these are very well made, as they were ity and value. However, across American numismatics there are many important
intended to pass the close scrutiny of collectors. Few gold coins of earlier dates have exceptions, some very dramatic. Some of these situations are well known, others less
been counterfeited, but false 1799 ten-dollar gold pieces and 1811 five-dollar coins have so. On the following pages I discuss famous hoards, finds, and treasures as well as
been made. Gold coins in less than Extremely Fine condition are seldom counterfeited. some that are not so well known.
Silver dollars dated 1804, Lafayette dollars, several of the low-mintage commemo-
rative half dollars, and the 1795 half dimes have been forged in quantity. Minor-coin Perplexing Silver Dollars
forgeries made in recent years are the 1909-S V.D.B., 1914-D and 1955 doubled die As an introduction and example, if you peruse this issue of the Guide Book you will
Lincoln cents, 1877 Indian Head cents, 1856 Flying Eagle cents, and, on a much find many listings of Morgan silver dollars of 1878 through 1921 for which the mintage
WELCOME TO NUMISMATICS INTRODUCTION

figure does not seem to correlate with a coin's price. For example, among such coins
the 1901, of which 6,962,000 were made for circulation, is valued at $225,000 in
MS-65. In the same series the 1884-CC, of which only 1,136,000 were struck, is listed
at $500, or only a tiny fraction of the value of a 1901.
Why the difference? The explanation is that nearly all of the 6,962,000 dollars of
1901 were either placed into circulation at the time, and became worn, or were melted
generations ago. Very few were saved by collectors, and today MS-65 coins are
extreme rarities. On the other hand, of the 1,126,000 1885-CC silver dollars minted,
relatively few went into circulation. Vast quantities were sealed in 1,000-coin cloth
bags and put into government storage. Generations later, as coin collecting became
popular, thousands were paid out by the Treasury Department. Years after that, in the
early 1960s, when silver metal rose in value, there was a "run" on long-stored silver
dollars, and it was learned in March 1964 that 962,638 1884-CC dollars—84.7% of
the original mintage—were still in the hands of the Treasury Department!
With this information, the price disparities become understandable. Even though
the 1901 had a high mintage, few were saved, and although worn coins are common,
gem MS-65 coins are rarities. In contrast, nearly all of the low-mintage 1885-CC dol­
lars were stored by the government, and today most of them still exist, including some
in MS-65 grade.
There are many other situations in which mintages are not particularly relevant to
the availability and prices of coins today. Often a special circumstance will lead to cer­
tain coins' being saved in especially large quantities, later dramatically affecting the
availability and value of such pieces. The following are some of those circumstances.

Excitement of a New Design

In the panorama of American coinage, some new designs have captured the fancy of
the public, who saved them in large quantities when they were released. In many other
instances new designs were ignored, and coins slipped into circulation unnoticed.
In 1909, much publicity was given to the new Lincoln portrait to be used on the
one-cent piece, replacing the familiar Indian Head motif. On the reverse in tiny letters
were the initials, V.D.B., of the coin's designer, Victor David Brenner. The occasion was
the 100th anniversary of Lincoln's birth. Coinage commenced at the Philadelphia and
San Francisco mints. In total, 27,995,000 1909 V.D.B. cents were struck and 484,000
of the 1909-S V.D.B.
On August 2, 1909, the new cents were released to the public. A mad scramble
ensued, and soon, banks had to ration the number paid out to any single individual,
this being particularly true in the East. Interest in the West was less intense, and fewer
coins were saved. A controversy arose as to the V.D.B. initials, and some newspaper
notices complained that as Brenner had been paid for his work, there was no point in
giving his initials a prominent place on the coins. Never mind that artists' initials had
been used on other coins for a long time. As examples, the M initial of George T. Mor­
gan appeared on both the obverse and reverse of silver dollars from 1878 onward;
Chief Engraver Charles E. Barber was memorialized by а В on the neck of Miss Lib­
erty on dimes, quarters, and half dollars from 1892 onward; and the recent (1907
onward) double eagles bore the monogram of Augustus Saint-Gaudens prominently
on the obverse. The offending V.D.B. initials were removed, and later 1909 and 1909-
S cents were made without them.
Word spread that the cents with V.D.B. would be rare, and even more were saved.
Today, the 1909 V.D.B. cents are readily available in Mint State. The 1909-S V.D.B., of
lower mintage and of which far fewer were saved, lists for $2,200 in MS-63.
A few years later, at the Denver Mint, 1,193,000 1914-D cents were struck. Not
much attention was paid to them, and today examples are rare, with an MS-63 listing
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WELCOME TO NUMISMATICS INTRODUCTION INTRODUCTION WELCOME TO NUMISMATICS
• 2000 Sacagawea "golden dollar." These coins, intended to be a popular sub- poor luck in getting up designs for coins. The reason is not apparent unless it
stitute for paper dollars and to last much longer in circulation, were launched be that sufficient inducements are not offered to bring our really good design-
with much fanfare in 2000, and more than just a few were saved by the public. ers into competition...." Another factor detracting from public interest was the
However, the coin did not catch on for general use in commerce. Later issues • 'wide attention focused on the forthcoming commemorative half dollars of the
have been made for sale to collectors, not for circulation. World's Columbian Exposition. Not many of the new Barber coins were saved.
• MCMVII (1907) High-Relief gold twenty-dollar coin. Although only about 12,000 • 1938 Jefferson nickel. Although the numismatic hobby was dynamic at the
were minted, at least 6,000 survive today, mostly in Mint State. Released in time, the new nickel design attracted little notice, and no unusual quantities
December 1907, the coin, by famous sculptor Augustus Saint-Gaudens, created a were saved. The market was still reeling from the burst bubble of the 1935
sensation, and soon the coins were selling for $30 each. Today, Mint State coins through 1936 commemorative craze, and there was little incentive to save
are plentiful, but as the demand for them is extremely strong, choice specimens coins for investment.
sell for strong prioes. An MS-63 coin lists for $26,500.
• 1892 and 1893 World's Columbian Exposition commemorative half dollars. The 1962-1964 Treasury Release
These, the first commemorative half dollars, were widely publicized, and hun- The Bland-Allison Act of February 28, 1878, a political boondoggle passed to accom-
dreds of thousands were saved. Today they are very common. modate silver-mining interests in the West, mandated that the Treasury Department
Coins Few People Noticed buy millions of ounces of silver each year and convert it to silver dollars. At the time,
the world price of silver bullion was dropping, and
In contrast to the above, most coins of new designs attracted no particular notice, and there were economic difficulties in the mining states.
examples were not saved in unusual quantities. In sharp contrast to the ultra-popular From 1878 to 1904 and again in 1921, silver dollars
Kennedy half dollar of 1964, its predecessor design, the Franklin half dollar (launched in of the Morgan design were minted under this legis-
1948), generated very little interest, and even numismatists generally ignored them—per- lation and subsequent acts, to the extent of
haps preferring the old Liberty Walking design that had been a favorite for a long time. 656,989,387 pieces. From 1921 to 1935, silver dol-
Although a long list could be made, here are some first-year-of-issue coins that lars of the Peace design were produced in the
were not noticed in their own time. Consequently, specimens range from scarce to amount of 190,577,279 pieces.
rare in Mint State today: Although silver dollars were used in commerce in
• 1793 cent and half cent. As popular as these may be today, in 1793 there was certain areas of the West, paper currency by and
no known instance in which a numismatist or museum deliberately saved large served the needs of trade and exchange. As
pieces as souvenirs. these hundreds of millions of newly minted dollars
• 1794-1795 half dime, half dollar, and silver dollar. The Flowing Hair coins, were not needed, most were put up in 1,000-coin
highly desired today, seem to have attracted little notice in their time, and canvas bags and stored in Treasury vaults. In 1918,
again there is no record of any having been deliberately saved. under terms of the Pittman Act, 270,232,722 Morgan
• 1807 and related Capped Bust coinages. The Capped Bust and related dollars were melted. At the time, the market for silver
coins of John Reich, assistant engraver at the Mint, were first used in 1807 on was temporarily strong, and there was a call for bul-
the silver half dollar and gold five-dollar piece, and later on certain other lion to ship to India. No accounting was kept of the
denominations. Today these are extremely popular with collectors, but in their dates and mints involved in the destruction. Just the
time they were not noticed, and few were saved in Mint State. quantities were recorded (this procedure being typi-
• 1839 Liberty Seated half dollar. Today, examples are very elusive, particularly cal when the Treasury melted old coins). However,
the very first version without drapery at the elbow. The variety attracted no hundreds of millions remained.
notice when it was first issued, nor did the with-drapery issue that followed it. Now and again there was a call for silver dollars
• 1840 Liberty Seated dollar. Specimens are very scarce in Mint State today for circulation, especially in the West; and in the East
and are virtually unknown in gem preservation. and Midwest there was a modest demand for pieces
• 1892 Barber dime, quarter dollar, and half dollar. In 1892 the new Liberty for use as holiday and other gifts; in such instances
Head design by Charles E. Barber replaced the long-lived Liberty Seated many were paid out. The earlier example of the high-
motif. The new coins received bad press notices, this unattributed item pub- mintage 1901 dollar being rare in Mint State, as most were circulated, is reflective of
lished in an 1892 newspaper being representative: "During the week which this. Others coins were stored, such as the aforementioned low-mintage 1884-CC, of
closed last Saturday some of the new coins issued by the United States gov- which 84.7% were still in the hands of the Treasury as late as 1964! At this time the
ernment crept into circulation and were commented on by beholders from dif- Treasury decided to hold back bags that were marked as having Carson City dollars,
ferent points of view.... On one side there appears a spread-eagle and on the although in records of storage no account was made of them earlier.
other the profile of a head surmounted by the legend: 'In God We Trust.' The Beginning in a significant way in the 1950s, silver dollars became very popular with
eagle is a meager and ill-fed specimen of our noble bird and the profile is that numismatists. The rarest of all Morgan silver dollars by 1962 was considered to be the
of a goddess of liberty, though it looks like the head of the ignoble Emperor 1903-O. In the Guide Book, an Uncirculated coin listed for $1,500, the highest price for
Vitellius with a goiter. To be extremely frank, these new coins are not artistic. any variety. Experts estimated that fewer than a dozen Mint State coins existed in all of
Even this mild statement is unduly flattering to the designers.... The nation has numismatics. It was presumed that most had been melted in 1918 under the Pittman Act.
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WELCOME TO NUMISMATICS INTRODUCTION

Then this:
In November 1962, during the normal payout of silver dollars as gifts for the holiday
season, some long-sealed bags of coins were taken from a Philadelphia Mint vault that
had remained under seal since 1929. It was soon found that brilliant 1903-O dollars
were among these! A treasure hunt ensued, and hundreds of thousands of these for-
mer rarities were found. The rush was on!
From then until March 1964, hundreds of millions of Morgan and Peace dollars
were emptied from government and bank storage. At one time a long line of people,
some with wheelbarrows, formed outside of the Treasury Building in Washington,
DC, to obtain bags of dollars. Finally, only about three million coins remained, mostly
the aforementioned Carson City issues, which the Treasury decided to hold back.
These were later sold at strong premiums in a series of auctions held by the General
Services Administration.
In the meantime, Morgan and Peace dollars became very large and important sections
of the coin hobby, as they remain today. However, as can be seen, the combined ele-
ments of some coins' having been melted in 1918, others having been placed into circu-
lation generations ago, and still others existing in Mint State from long-stored hoards,
results in silver dollar prices that often bear little relation to mintage figures.

Other Famous Hoards

While the great Treasury release of 1962 through 1964 is the most famous of all
hoards, quite a few others have attracted interest and attention over the years. Here
are some of them:
• Castine Hoard of Early Silver Coins (discovered in the 1840s). From Novem-
ber 1840 through April 1841, Captain Stephen Grindle and his son Samuel unearthed
many silver coins on their farm on the Bagaduce River about six miles from the har-
bor of Castine, Maine. The number of pieces found was not recorded, but is believed
to have been between 500 and 2,000, buried in 1690 (the latest date observed) or
soon afterward. Most pieces were foreign silver coins, but dozens of Massachusetts
Pine Tree shillings and related silver coins were found. This hoard stands today as one
of the most famous in American history.
• Bank of New York Hoard (1856). Circa 1856, a keg containing several thousand
1787 Fugio copper cents was found at the Bank of New York at 44 Wall Street. Each
was in Mint State, most with brown toning. For many years these were given out as
souvenirs and keepsakes to clients. By 1948, when numismatist Damon G. Douglas
examined them, there were 1,641 remaining. Today, many remain at the bank and are
appreciated for their history and value.
• Nichols Find of Copper Cents (by 1859). In the annals of American numismat-
ics, one of the most famous hoards is the so-called Nichols Find, consisting of 1796
and 1797 copper cents, Mint State, perhaps about 1,000 in total. These were distrib-
uted in the late 1850s by David Nichols. All were gone as of 1863, by which time they
were worth $3 to $4 each, or less than a thousandth of their present-day value.
• Randall Hoard of Copper Cents (1860s). Sometime soon after the Civil War, a
wooden keg filled with as-new copper cents was located in the South and was said to
have been beneath an old railroad platform in Georgia. Revealed were thousands of
coins dated 1816 to 1820, with the 1818 and 1820 being the most numerous. Today, the
Randall hoard accounts for most known Mint State examples of these particular dates.
• Colonel Cohen Hoard of 1773 Virginia Halfpennies (by the 1870s). Sometime
in the 1870s or earlier, Colonel Mendes I. Cohen, a Baltimore numismatist, obtained a
cache of at least 2,200 Uncirculated specimens of the 1773 Virginia halfpenny. These
passed through several hands, and many pieces were dispersed along the way. As a

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WELCOME TO NUMISMATICS INTRODUCTION WELCOME TO NUMISMATICS
On August 31, 1934, two young boys were playing in the cellar of a rented house at
132 South Eden Street, Baltimore, and found these coins hidden in a wall. Later, more
were found in the same location. On May 2,1935, many of the coins were sold at auc-
tion, by which time others had been sold privately, some unofficially. This hoard
included many choice and gem coins dated in the 1850s.
• New Orleans Bank Find (1982). A few minutes past noon, on October 29, 1982, 55 Central America, Lost September 12, 1857
a bulldozer unearthed a cache of long-hidden silver coins, believed to have been
stored in three wooden boxes in the early 1840s. The pieces were mostly Spanish- In contrast to the preceding, in the annals of undersea treasure hunting the
American issues, but hundreds of United States coins, including 1840-O and 1841-0 SS Central America has been extremely well documented. On August 20, 1857, more
Liberty Seated quarters, were also found. A scrabble in the dirt and mud ensued, and than 400 people, plus crew, and about $2,600,000 in gold treasure left San Francisco
men in business suits, ladies in dresses, and others scrambled to find treasure. The aboard the steamer SS Sonora, headed for Panama. The destination was reached in
latest dated coin found was from 1842. This must have been a secret reserve of some due course, and the passengers and gold crossed 48 miles of land on the Panama
Railroad and arrived at the port city of Aspinwall on the Atlantic side.
long-forgotten merchant or bank.
• Wells-Fargo Hoard of 1908 $20 (1990s). In the 1990s, dealer Ron Gillio pur- On Thursday, September 3, SS Central America left Aspinwall. A stop was made at
chased a hoard of 19,900 examples of the 1908 No Motto double eagle. For a time Havana on Monday, September 7. On the next morning the ship continued north toward
these were stored in a Wells Fargo Bank branch, giving the name to the cache. All New York City, its destination, where the gold coins and ingots would be received.
were Mint State, and many were of choice and gem quality. Offered in the market, On Wednesday, September 9, a day out of Havana, the second officer noted in his
these were dispersed over a period of several years. records that a fresh breeze was kicking up swells. A tropical storm was in progress, but
• Gold coins from abroad (turn of the 21st century). In the late 20th century and sure to fade in a day or so. Meanwhile, the large ship could handle any type of weather.
However, matters went from bad to worse, and on Thursday the SS Central America
in the first years of the 21st, some exciting finds of Mint State double eagles were
was in the grip of a monster hurricane, one of the strongest on record.
located in foreign banks. Involved were high-grade examples of some Carson City
issues in the Liberty Head series and hundreds of scarce-mintmark varieties of double On Friday the storm still raged, and the ship developed leaks in several places,
eagles after 1923. As is often the case when hoards are discovered, pieces were fil- flooding the lower areas. On the lower deck, the rising water and the violent tossing
tered into the market without any publicity or an accounting of specific varieties found. of the vessel made it virtually impossible to continue feeding coal to the boilers. At
11:00 in the morning, Captain William Lewis Herndon enlisted the aid of male passen-
gers to form a bucket line to bail water, which proved to be futile. The ship became
Sunken Treasure swamped and was at the mercy of the waves hitting broadside. By the next morning
Throughout American history, tens of thousands of ships have been lost at sea and the decks were awash, and it was feared that the ship would be lost. The captain
on inland waters. Only a handful of these vessels were reported as having had signif- directed that the American flag be flown upside-down, a signal of distress.
icant quantities of coins aboard. Early in the afternoon the sail of the brig Marine came into sight, and soon the small
In the late 20th and early 21st centuries, numismatists were front-row center as ship drew near. In the following hours nearly all of the women and children were trans-
coins from several side-wheel steamers lost in the 1850s and 1860s yielded rare ferred to the Marine, and some crew members went also. A few minutes after 8:00 in
coins. Sketches of four of these ships are given here. Two of these, the SS Yankee the evening a huge wave hit the ship; she shuddered, timbers splintered, and with Cap-
Blade and the SS Central America, carried coins from the California gold rush. tain Herndon standing on the paddle box, the SS Central America slipped below the
The other two treasure ships, the SS Brother Jonathan and the SS Republic, were waves. Although some passengers and crew were later rescued from the water, about
lost off the coasts of California and Georgia, respectively; each had double eagles and 435 lives were lost. The hull settled at the bottom, 7,200 feet below the surface.
other coins on board. Overshadowed by the Panic of 1857, the Civil War, and other matters of national
importance, the SS Central America was largely forgotten. Its location was not known,
55 Yankee Blade, Lost October 1,1854 except that it had gone down somewhere along the planned route. In 1980 Tommy
The SS Yankee Blade, launched in 1853, was in the service of the Independent Thompson, a Columbus, Ohio, scientist, directed his efforts to finding the wreck, and in
Steamship Co. in 1854. On October 1 she was on a run from San Francisco south to 1985 a group of entrepreneurs and investors formed the Columbus-America Discovery
Panama, carrying about 900 passengers and crew and an unknown amount of gold, Group. After much effort, including the guidance of scientist Bob Evans, the long-lost
but including about $152,000 in coins consigned by the banking house of Page, ship was found, and recovery of gold coins and ingots was accomplished through the
Bacon & Co. In heavy fog Captain Henry T. Randall, believing he was in deep water aid of the Nemo, a remote-controlled underwater device with arms that could retrieve
far at sea, proceeded at full speed ahead, trying to establish a speed record—certain the treasure carefully. When all was said and done, more than 5,400 mint-fresh 1857-S
to be beneficial in advertising. double eagles, several hundred gold ingots, and other coins were recovered.
The captain was wrong, and the steamer was amid the rockbound Channel Islands, The California Gold Marketing Group, under the direction of Dwight Manley, began
off the coast of Santa Barbara, California. The ship smashed onto a rock, and was the sale of the treasure coins and ingots in 2000, and within the next few years all were
stranded at a tipsy angle. In time, she sank, but not before most people escaped. In sold, for an estimated $100,000,000. As part of the project, Q. David Bowers created
the ensuing confusion, an estimated 17 to 50 passengers lost their lives. the 1,050-page book A California Gold Rush History, with extensive illustrations and
As to what happened to the gold coins aboard, some were seemingly recovered information. As no larger Gold Rush-era treasure was ever lost, by definition no greater
soon after the disaster, in circumstances shrouded in mystery. Perhaps other coins treasure can ever be found, making the SS Central America find a unique event.
WELCOME TO NUMISMATICS INTRODUCTION

SS Brother Jonathan, Lost January 30, 1865

In 1865, the side-wheel steamer SS Brother Jonathan was important in the coastwise
trade from California north to Oregon and Washington. Shortly before noon on Friday,
July 28, the 1,360-ton vessel headed from San Francisco to Portland, carrying 150 or
more passengers, a crew of about 60, and a 500-ton cargo ranging from machinery for
a woolen mill to casks of whiskey. Gold coins were aboard, of an unknown value.
Heading along the coast the ship ran into high winds and waves, and Captain
Samuel J. DeWolf put the vessel into the harbor at Crescent City to spend the night.
In the morning the sea would be calm, it was thought. On Sunday, January 30, the
crew resumed the trip, but the open sea was still rough, and the captain ordered the
ship to turn around and go back to Crescent City. Unexpectedly, the ship struck a
submerged rock, a pinnacle hidden just below the waves. Only a few passengers sur-
vived. In the best seafaring tradition, the captain went down with the ship.
In following years, many efforts were made to find the lost ship, but without success.
Finally, in the 1990s a group of investors and entrepreneurs formed Deep Sea Research,
Inc., found the ship, and were able to recover more than 1,000 gold coins, a find dom-
inated by Mint State 1865-S double eagles. Detailed records and photographs preserve
every element of the recovery—a model of undersea archaeological technique.
SS Republic, Lost October 25, 1865
Originally christened the SS Tennessee in 1853, this sidewheel steamer served in both
the Confederate and Union navies during the Civil War. Just months after the war's end,
the SS Republic, loaded with much-needed cargo and coins, left New York bound for
New Orleans. Caught in a hurricane off the coast of Georgia, the ship sank to the bot-
tom of the Atlantic with a reported $400,000 in specie on board.
In 2003, the numismatic world was startled and delighted to learn that Odyssey
Marine Exploration, Inc., had located the wreckage, in about 1,700 feet of water.
Strewn on the sea floor was an array of gold and silver coins, along with about 14,000
other artifacts (bottles, ceramic items, personal effects, etc.). Recovery began in
November 2003 and was concluded in early 2005, by which time 262 dives had been
logged. The recovery included more than 51,000 coins, among them more than 1,400
gold eagles, dating from 1838 to 1858. The most numerous were those dated 1847
(of which 221 were found, mostly in AU grade). Several thousand double eagles of all
date and mintmark issues from 1850 to 1865, except the 1856-0, were found. The
varieties for which more than 100 coins each were brought to the surface included
1852 (104 recovered and assigned various grades), 1861 (457), 1862-S (127), 1863-S
(180), 1864-S (168), 1865 (320), and 1865-S (253). After careful conservation by
Numismatic Conservation Services, nearly all of the gold coins were found to be in
pristine condition, with no impairment from their immersion. Conditions ranged from
worn, for earlier years, up to choice and gem Mint State for certain of the later issues.
The most valuable single coin was a Mint State 1854-0 $20, valued at more than a
half-million dollars. The talents of numismatist John Albanese were tapped to super-
vise the care and distribution of the coins.
More than 180 different varieties of Liberty Seated half dollars were recovered from
the shipwreck, including five 1861-0 die combinations attributed to Confederate con-
trol of the New Orleans mint. Many of the silver halves show only slight evidence of
their 140 years underwater. Some coins have microscopic coralline structures embed-
ded in their surfaces or some saltwater etching, in many cases observable only under
a microscope. Although not graded on a traditional scale, the coins are encapsulated
and noted as having a "Shipwreck Effect." Many of them exhibit nearly full detail and
have become very popular in the collectibles marketplace because of this provenance.

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COLONIAL ISSUES PRE-FEDERAL ISSUES

BRITISH NEW WORLD ISSUES

Sommer Islands (Bermuda)
This coinage, the first struck for the English colonies in America, was issued circa
1616. The coins were known as Hogge Money or Hoggies.
The pieces were made of copper, lightly silvered, in four denominations: shilling,
sixpence, threepence, and twopence, each indicated by Roman numerals. The hog is
the main device and appears on the obverse side of each. SOMMER ISLANDS is
inscribed within beaded circles. The reverse shows a full-rigged galleon with the flag
of St. George on each of four masts.
The islands were named for Sir George Sommers, who was shipwrecked there in
1609 while en route to the Virginia plantations. Shakespeare's Tempest was possibly
based on this incident.
The Bermuda Islands, as they are known today, were named for Juan Bermudez, who
is believed to have stopped there in 1515. A few hogs that he carried for delivery to the
West Indies were left behind. When Sommers and his party arrived, the islands were
overrun with the animals, which served as a welcome source of food for the expedition.
COLONIAL ISSUES
Early American coins were produced from handmade dies that are often individu-
ally distinctive. The great number of die varieties that can be found and identified are
of interest to collectors who value each according to individual rarity. Values shown
for type coins in this guide are for the most c o m m o n die variety.

Maryland
Lord Baltimore Coinage
Cecil Calvert, the second Lord Baltimore, inherited from his father nearly absolute
control over Maryland. Cecil believed he had the right to coin money for the colony,
and in 1659 he ordered shillings, sixpences, and groats (four-penny pieces) from the
Royal Mint in London and shipped samples to Maryland, to his brother Philip, who
was then his secretary for the colony. Cecil's right to strike coins was challenged but
upheld by Cromwell's government. The whole issue was small, and while his coins did
circulate in Maryland at first, by 1700 they had largely disappeared.
COLONIAL ISSUES
Calvert's coins bear his portrait on the obverse, with a Latin legend calling him
"Lord of Mary's Land." The reverses bear his family coat of arms and the denomina-
tion in Roman numerals. There are several die varieties of each. Many of these coins
are found holed and repaired. The copper penny, or denarium, is the rarest denomi-
nation, with only six known specimens.

COINAGE AUTHORIZED BY BRITISH ROYAL PATENT

American Plantations Tokens
These tokens, struck in nearly pure tin, were the first royally authorized coinage for the
British colonies in America. They were made under a franchise granted in 1688 to
Richard Holt. Most examples show black oxidation of the tin. Bright, unblemished
specimens are more valuable. Restrikes were made about 1828 from original dies.

New Jersey
St. Patrick or Mark Newby Coinage
Mark Newby, who came to America from Dublin, Ireland, in November 1681, brought
copper pieces believed by numismatists to have been struck in Dublin circa 1663 to
1672. These are called St. Patrick coppers.
The coinage was made legal tender by the General Assembly of New Jersey in May
1682. The legislature did not specify which size piece could circulate, only that the
coin was to be worth a halfpenny in trade. Most numismatists believe the larger-size
coin was intended. However, as many more farthing-size pieces are known than half-
pennies, some believe that the smaller-size piece was meant. Copper coins often cir-
culated in the colonies at twice what they would have been worth in England.
The obverses show a crowned king kneeling and playing a harp. The legend FLO-
REAT REX ("May the King Prosper") is separated by a crown. The reverse side of the
halfpence shows St. Patrick with a crazier in his left hand and a trefoil in his right, and
surrounded by people. At his left side is a shield. The legend is ECCE GREX ("Behold
the Flock"). The farthing reverse shows St. Patrick driving away reptiles and serpents
as he holds a metropolitan cross in his left hand. The legend reads QUIESCAT PLEBS
("May the People Be at Ease").
The large-size piece, called a halfpenny, bears the arms of the City of Dublin on the
shield on the reverse; the smaller-size piece, called a farthing, does not. All of these
pieces have a reeded edge.
The decorative brass insert found on the coinage, usually over the crown on the
obverse, was put there to make counterfeiting more difficult. On some pieces this dec-
oration has been removed or does not show. Numerous die variations exist.
COLONIAL ISSUES
The obverse, c o m m o n to both Rosa Americana and Hibernia pieces, shows the
head of George I and the legend GEORGIUS D:G MAG: BRI: FRA: ET. HIB: REX
("George, by the Grace of God, King of Great Britain, France, and Ireland") or abbre-
viations thereof. Rosa Americana tokens, however, were rejected by the American
colonists. The coins are made of a brass composition of 7 5 % copper, 2 4 . 7 % zinc, and
. 3 % silver (sometimes mistakenly referred to as Bath metal).
 Virginia Halfpennies
In 1773, coinage of a copper halfpenny was authorized for Virginia by the Crown. The
pattern, in Proof struck on a large planchet with a wide milled border, is often referred
to as a penny.
The silver piece dated 1774 is referred to as a shilling, but may have been a pattern
or trial for a halfpenny or a guinea.
COLONIAL ISSUES
EARLY AMERICAN AND RELATED TOKENS
Elephant Tokens
London Elephant Tokens
The London Elephant tokens were struck circa 1672 to 1694. Although they were
undated, two examples are known to have been struck over 1672 British halfpennies.
Most were struck in copper, but one was made of brass. The legend on this piece,
GOD PRESERVE LONDON, is probably just a general plea for divine aid and not a
specific reference to the outbreak of plague in 1665 or the great fire of 1666.
These pieces were not-struck for the colonies, and probably did not circulate widely
in America, although a few may have been carried there by colonists. They are associ-
ated with the 1694 Carolina and New England Elephant tokens, through a shared
obverse die.

1694 NEW ENGLAND $25,000. $35,000. $47,500. $62,500. —

New Yorke in America Token

The New Yorke in America token is a farthing or halfpenny token intended for New York,
issued by Francis Lovelace, w h o was governor from 1668 until 1673. The token uses the
older spelling with a final " e " (YORKE), which predominated before 1710. The obverse
shows Cupid pursuing the butterfly-winged Psyche—a rebus on the name Lovelace.
The reverse shows a heraldic eagle, identical to the one displayed in fesse, raguly (i.e.,
on a crenellated bar) on the Lovelace coat of arms. In weight, fabric, and die axis the
tokens are similar to the 1670 farthing tokens of Bristol, England, where they may have
been struck. There is no evidence that any of these pieces ever circulated in America.
MISSTRIKES AND ERRORS
6. Broadstrike—A coin that was struck
outside the retaining collar. When coins are
struck without being contained in the collar
die, they spread out larger than normal
pieces. All denominations have a plain edge.
7. Lamination—A flaw whereby a frag-
ment of metal has peeled off the coin's
surface. This defect occurs when a foreign
substance, such as gas oxides or dirt,
becomes trapped in the strip as it is rolled
out to the proper thickness. Lamination flaws
may be missing or still attached to the coin's
surface. Minor flaws may only decrease a
coin's value, while a clad coin that is missing
the full surface of one or both sides is worth
more than the values listed here.
8. Brockage—A mirror image of the design
impressed on the opposite side of the same
coin. These errors are caused when a struck coin
remains on either die after striking, and impresses
its image into the next blank planchet as it is
struck, leaving a negative or mirror image. Off-
center and partial Brockage coins are worth less
than those with full impression. Coins with nega-
tive impressions on both sides are usually mutilat-
ed pieces made outside the mint by the pressing
together of coins.
9. Wrong Planchet—A coin struck on a planchet
intended for another denomination or of the
wrong metal. Examples of these are cents struck
on dime planchets, nickels on cent planchets, or
quarters on dime planchets. Values vary depend-
ing on the type of error involved. Those struck on
coins of a different denomination that were previ-
ously struck normally are of much greater value.
Waffled Coins
In mid-2003, the U.S. Mint acquired machines to
eliminate security concerns and the cost asso-
ciated with providing Mint police escorts to
private vendors for the melting of scrap, sub-
standard struck coins, planchets, and blanks.
Under high pressure, the rollers and blades of
these machines cancel the coins and blanks in
a manner similar in appearance to the surface of a
waffle, and they are popularly known by that term. This
process has effectively kept most misstruck coins produced
after 2003 from becoming available to collectors. Waffled
examples are known for all six 2003-dated coin denomina-
tions, from the Lincoln cent through the Sacagawea dollar.
The Mint has not objected to these pieces' trading in the
open market because they are not considered coins with
legal tender status.
 THE RED BOOK AS A COLLECTIBLE
A Guide Book of United States Coins has long held the record for being the longest-
running annual retail coin-price guide. It has now passed its 50th anniversary, and col-
lectors seem to be almost as interested in assembling sets of old Red Books as of old
coins. The reason for this popularity seems to be that collectors have a penchant for
completing sets of many things. The demand for old editions of the Red Book that are
still in existence has created a solid market for them.
Those who save old editions of the Red Book seem to do so for many reasons.
some maintain reference libraries of all kinds of coin publications. To them, having
one of each edition is essential, because that is the way old books are collected.
Others are speculators who believe that the value of old editions will go up as inter-
est and demand increase. The great majority of people who save old Red Books do
so to maintain a record of coin prices going back further than any other source.
Following price trends in old Red Books is a good indicator of how well coins of any
date or denomination are doing in comparison to each other. The price information
published in this book each year is an average of what the entire market is paying for
each coin. As such, it is a valuable benchmark, showing how prices have gone up or
down over the years. It is information like this that often gives investors an edge in
predicting what the future may hold.
Old Red Books are also a handy source of information about collecting trends. They
show graphically how grading has changed over the years, what new coins have been
discovered and added to the listings, and which areas are growing in popularity.
Studying these old books can be educational as well as nostalgic. It's great fun to see
what your favorite coins sold for 15 or 25 years ago or more. It can also be a bit frus-
trating to realize what might have been if we had only bought the right coins at the
right time in years past.
Many collectors have asked about the quantities printed of each edition.
Unfortunately, that information has never been published, and now even the manufac-
turer has no records of how many were made. The original author, R.S. Yeoman, told
inquirers that the first press run in November 1946 was for 9,000 copies. In February
1947 an additional 9,000 copies were printed to satisfy the unexpected demand.
There was a slight difference between the first and second printings. The wording in
the first printing, at the bottom of page 135, reads, "which probably accounts for the
scarcity of this date." Those last few words were changed to "the scarcity of 7903 0"
in the second printing.
The second edition had a press run of 22,000. The printing of each edition there-
after gradually increased, with the highest number ever being reached with the 18th
edition, dated 1965. In that year, at the top of a booming coin market, a whopping
1,200,000 copies were produced. Since that time the numbers have decreased in pro-
portion to the market, but still maintain a record of being the world's largest selling
coin publication each year.
In some years a very limited number of Red Books were made for use by price con-
tributors. Those were interleaved with blank pages. No more than 50 copies were ever
made for any one year. Perhaps fewer than 20 were made in the first few years. Three
of these of the first edition, and one of the second edition, are currently known. Their
value is now in four figures. Those made in the 1960s sell for around $50 each today.
There are other unusual Red Books that command exceptional prices. One of the
most popular is the 1987 special edition that was made for, and distributed only to,
People who attended the 1986 ANA banquet in Milwaukee. Only 500 of those were
printed with a special commemorative cover. Copies have sold for $100 to $750 each
and are always in demand.
Error books are also popular with collectors. The most common is one with double-
stamped printing on the cover. The second most frequently seen are those with the cover
 Key
Price: The sale price of the coin, including the appropriate buyer's fee.
Class: The denomination or classification of the coin.
Confed = Confederate States of America issue; Terr = territorial issue; Pattern = a pattern, exper­
imental, or trial piece; Pre-Fed = pre-federal issue.
Coin: The date and description of the coin, along with pertinent catalog or reference numbers.
В = Baker (for pre-federal), Bolender (for silver dollars), Breen (for gold), Browning (for quarter dol­
lars); Barry = Barry doubloon; BB = Bowers/Borckardt; Brasher = Brasher doubloon;
С = Cohen (for half cents), Crosby (for pre-federal); J = Judd; M = Maris; N = Newman;
NC = Non-Collectible; О = Overton; R = Ryder; S = Sheldon; T = Taraskza; Ultra HR LE = Ultra
High Relief, Lettered Edge. Letters in parentheses, (A) through (N), note instances in which mul­
tiple sales of the same coin rank within the Top 250.
Grade: The grade of the coin, plus the name of the grading firm (if independently graded).
NGC = Numismatic Guaranty Corporation of America; PCGS = Professional Coin Grading Service.
Firm: The auction firm (or firms) that sold the coin.
ANR = American Numismatic Rarities; B&M = Bowers & Merena; B&R = Bowers & Ruddy;
DLRC = David Lawrence Rare Coins; Soth = Sotheby's.
Date: The month and year of the auction.
Auction records compiled and edited by P. Scott Rubin and Richard A. Bagg, Ph. D.
403
 GLOSSARY GLOSSARY
Over the years coin collectors have developed a special jargon to describe their coins. eagle—A United States ten-dollar gold coin; also refers to U.S. silver, gold, and plat-
The following list includes terms that are used frequently by coin collectors or that inum bullion pieces made from 1986 to the present,
have a special meaning other than their ordinary dictionary definitions. You will find edge—Periphery of a coin, often containing a series of reeds, lettering, or other
them useful when you want to discuss or describe your coins. decoration.
electrotype—A reproduction of a coin or medal made by the electrodeposition
alloy—A combination of two or more metals. process. Electrotypes are frequently used in museum displays.
altered date—A false date on a coin; a date altered to make a coin appear to be one electrum—A naturally occurring mixture of gold and silver. Some of the world's first
of a rarer or more valuable issue. coins were made of this alloy.
bag mark—A surface mark, usually a small nick, acquired by a coin through contact encapsulated coins—Coins that have been authenticated, graded, and sealed in
with others in a mint bag. plastic by a professional service.
engraver—The person who cuts the design into a coinage die.
billon—A low-grade alloy of silver (usually less than 50%) mixed with another metal,
error—A mismade coin not intended for circulation.
typically copper. exergue—That portion of a coin beneath the main design, often separated from it by
blank—The formed piece of metal on which a coin design will be stamped.
a line, and typically bearing the date.
bronze—An alloy of copper, zinc, and tin.
field—The background portion of a coin's surface not used for a design or inscription.
bullion—Uncoined gold or silver in the form of bars, ingots, or plate.
filler—A coin in worn condition but rare enough to be included in a collection.
cast coins—Coins that are made by pouring molten metal into a mold, instead of in
the usual manner of striking with dies. fineness—The purity of gold, silver, or any other precious metal, expressed in terms
of one thousand parts. A coin of 90% pure silver is expressed as .900 fine.
cent—One one-hundredth of the standard monetary unit. Also known as a centavo,
flan—A blank piece of metal in the size and shape of a coin; also called a planchet.
centimo, or centesimo in some Central American and South American countries;
centime in France and various former colonies in Africa; and other variations. gem—A coin of exceptionally high quality.
certified coin—A coin that has been graded, authenticated, and encapsulated in
plastic by an independent grading service. half eagle—The United States five-dollar gold coin minted from 1795 to 1929.
cherrypicker—A collector who finds scarce and unusual coins by carefully searching hub—A positive-image punch to impress the coin's design into a die for coinage.
through old accumulations or dealers' stocks. incuse—The design of a coin which has been impressed below the coin's surface. A
circulation strike—An Uncirculated coin intended for eventual use in commerce, as design raised above the coin's surface is in relief.
opposed to a Proof coin. inscription—The legend or lettering on a coin.
clad coinage—Issues of the United States dimes, quarters, halves, and dollars made intrinsic value—Bullion or "melt" value of the actual precious metal in a numismatic
since 1965. Each coin has a center core of pure copper and a layer of copper- item.
nickel or silver on both sides. investment grade—Promotional term; generally, a coin in grade MS-65 or better.
collar—The outer ring, or die chamber, that holds a blank in place in the coinage junk silver—Common-date silver coins taken from circulation; worth only bullion
press while the coin is impressed with the obverse and reverse dies.
contact marks—Minor abrasions on an uncirculated coin, made by contact with value.
other coins in a bag or roll. key coin—The scarcest or most valuable coin or coins in a series.
countermark—A stamp or mark impressed on a coin to verify its use by another gov-
ernment or to indicate revaluation. laureate—Head crowned with a laurel wreath.
crack-out—A coin that has been removed from an encapsulated grading service legal tender—Money that is officially issued and recognized for redemption by an
holder. authorized agency or government.
crown—Any dollar-size coin (c. 38 mm in diameter) in general, often struck in silver; legend—The principal inscription on a coin.
specifically, one from the United Kingdom and some Commonwealth countries. lettered edge—The narrow edge of a coin bearing an inscription, found on some for-
designer—The artist who creates a coin's design. An engraver is the person who cuts eign and some older United States coins.
a design into a coinage die. luster—The brilliant or "frosty" surface quality of an Uncirculated (Mint State) coin.
die—A piece of metal engraved with a design and used for stamping coins. milled edge—The raised rim around the outer surface of a coin, not to be confused
die crack—A fine, raised line on a coin, caused by a broken die. with the reeded or serrated narrow edge of a coin.
die defect—An imperfection on a coin, caused by a damaged die. mint error—Any mismade or defective coin produced by a mint.
die variety—Any minor alteration in the basic design of a coin. mint luster—Shiny "frost" or brilliance on the surface of an Uncirculated or Mint State
dipped, dipping—Refers to chemical cleaning of a coin with diluted acid. coin.
double eagle—The United States twenty-dollar gold coin. mintmark—A small letter on a coin, indicating the mint at which it was struck.
doubled die—A die that that been given two misaligned impressions from a hub; also Mint set—A set of Uncirculated coins packaged and sold by the Mint. Each set con-
a coin made from such a die. tains one of each of the coins made for circulation at each of the mints.
doubloon—Popular name for a Spanish gold coin originally valued at $16. motto—An inspirational word or phrase used on a coin.
mule—A coin struck from two dies not originally intended to be used together.
405
.404
 GLOSSARY BIBLIOGRAPHY
obverse—The front or face side of a coin. COLONIAL ISSUES
overdate—Date made by superimposing one or more numerals on a previously Breen. Walter. Walter Breen's Complete Encyclopedia of U.S. and Colonial Coins, New York, 1988.
dated die. Carlotto, Tony. The Copper Coins of Vermont, Chelsea, MI, 1998.
over graded—A coin in poorer condition than stated. Crosby. S.S. The Early Coins of America, Boston, 1875 (reprinted 1945, 1965, 1974, 1983).
overstrike—An impression made with new dies on a previously struck coin. Kessler, Alan. The Fugio Cents, Newtonville, MA, 1976.
Maris, Edward. A Historic Sketch of the Coins of New Jersey. Philadelphia, 1881 (reprinted 1925, 1974, 1987).
patina—The green or brown surface film found on ancient copper and bronze coins Miller, Henry C, and Hillyer, Ryder. The State Coinages of New England, New York, 1920.
caused by oxidation over a long period of time. Nelson. Philip. The Coinage of William Wood 1722-1733, London, 1903 (reprinted 1959).
pattern—Experimental or trial coin, generally of a new design, denomination, or Newman, Eric P. Coinage for Colonial Virginia, New York, 1956.
metal. Newman. Eric P., and Doty, Richard G. Studies on Money in Early America, New York, 1976.
pedigree—The record of previous owners of a rare coin. Noe, Sydney P. The New England and Willow Tree Coinage of Massachusetts, New York, 1943; The Oak Tree
planchet—The blank piece of metal on which a coin design is stamped. Coinage of Massachusetts, New York, 1947; and The Pine Tree Coinage of Massachusetts, New York,
Proofs—Coins struck for collectors by the Mint using specially polished dies and 1952 (all reprinted 1973).
Rulau, Russell, and Fuld, George. Medallic Portraits of Washington, Iola, WI, 1999.
planchets. Vlack, Robert. An Illustrated Catalogue of the French Billon Coinage in the Americas, Boston, 2004.
Proof set—A set of each of the Proof coins made during a given year, packaged by Wurtzbach, Carl. Massachusetts Colonial Silver Money 1937.
the Mint and sold to collectors.
HISTORY OF THE L.S. MINT
quarter eagle—The United States $2.50 gold coin.
Lange. David W. History of the United States Mint and Its Coinage, Atlanta, GA, 2005.
raw—A coin that has not been encapsulated by an independent grading service.
reeded edge—The edge of a coin with grooved lines that run vertically around its HALF CENTS
perimeter, as seen on modern United States silver and clad coins. Breen. Walter. Walter Breen's Encyclopedia of United States Half Cents 1793-1857, South Gate, CA, 1983.
relief—Any part of a coin's design that is raised above the coin's field is said to be in Cohen, Roger S., Jr. American Half Cents—The "Little Half Sisters" (2nd ed.), 1982.
relief. The opposite of relief is incuse, meaning sunk into the field. Manley, Ronald P. The Half Cent Die State Book, 1793-1857, United States, 1998.
restrike—A coin struck from genuine dies at a later date than the original issue.
LARGE CENTS
reverse—The back side of a coin.
Breen, Walter. Walter Breen's Encyclopedia of Early United States Cents 1793-1814, Wolfeboro, NH, 2001.
rim—The raised portion of a coin that protects the design from wear. Grellman, J.R. Attribution Guide for United States Large Cents 1840-1857 (3rd ed.), Bloomington, MN, 2002.
round—A round one-ounce silver medal or bullion piece. Newcomb, H.R. United States Copper Cents 1816-1857, New York, 1944 (reprinted 1983).
Noyes, William C. United States Large Cents 1793-1814, Bloomington, MN, 1991.
series—A set of one coin of each year of a specific design and denomination issued
Noyes, William С United States Large Cents 1816-1839. Bloomington, MN, 1991.
from each mint. For example, Lincoln cents from 1909 to 1959. PENNY-WISE, official publication of Early American Coppers, Inc.
slab—A hard plastic case containing a coin that has been graded and encapsulated Sheldon. William H. Penny Whimsy (1793-1814), New York, 1958 (reprinted 1965, 1976).
by a professional service. Wright, John D. The Cent Book 1816-1839, Bloomington, MN, 1992.
spot price—The daily quoted market value of precious metals in bullion form.
SMALL CENTS
token—A privately issued piece, typically with an exchange value for goods or ser­
Lange. David W. The Complete Guide to Lincoln Cents, Wolfeboro, NH, 1996.
vices, but not an official government coin. Snow, Richard. A Guide Book of Flying Eagle and Indian Head Cents, Atlanta, GA, 2006.
trade dollar—Silver dollar issued especially for trade with a foreign country. In the Steve, Larry, and Flynn, Kevin. Flying Eagle and Indian Cent Die Varieties, Jarretteville, MD, 1995.
United States, trade dollars were first issued in 1873 to stimulate commerce with Taylor. Sol. The Standard Guide to the Lincoln Cent, Anaheim, С A, 1999.
the Orient. Many other countries have also issued trade dollars. Wexler, John, and Flynn, Kevin. The Authoritative Reference on Lincoln Cents, Rancocas, NJ, 1996.
truncation—The sharply cut-off bottom edge of a bust or portrait.
type—A series of coins defined by a shared distinguishing design, composition, denom­ TWO-CENT PIECES
ination, and other elements. For example, Barber dimes or Franklin half dollars. Flynn. Kevin. Getting Your Two Cents Worth, Rancocas, NJ, 1994.
type set—A collection consisting of one representative coin of each type, of a partic­ Kliman, Myron M. The Two Cent Piece and Varieties, South Laguna, CA, 1977.
ular series or period. Leone, Frank. Longacre's Two Cent Piece Die Varieties and Errors, College Point, NY, 1991.

Uncirculated—A circulation-strike coin that has never been used in commerce, and NICKEL FIVE-CENT PIECES
has retained its original surface and luster; also called Mint State. Bowers, Q. David. A Guide Book of Shield and Liberty Head Nickels, Atlanta, GA, 2006.
unique—An item of which only one specimen is known to exist. Fletcher. Edward L., Jr. The Shield Five Cent Series, Ormond Beach, FL, 1994.
Lange, David W. The Complete Guide to Buffalo Nickels, Virginia Beach. VA, 2000.
variety—A coin's design that sets it apart from the normal issue of that type: Nagengast. Bernard. The Jefferson Nickel Analvst (2nd ed.), Sidney, Ohio, 1979.
PetersrGloria, and Mahon, Cynthia. The Complete Guide to Shield and Liberty Head Nickels, Virginia Beach,
wheaties—Lincoln cents with the wheat ears reverse, issued from 1909 to 1958.
VA, 1995.
year set—A set of coins for any given year, consisting of one of each denomination Wescott, Michael. The United States Nickel Five-Cent Piece, Wolfeboro, NH, 1991.
issued that year.

407.
 BIBLIOGRAPHY BIBLIOGRAPHY
HALF DIMES GOLD PIECES ($1 THROUGH $20)
Blythe, Al. The Complete Guide to Liberty Seated Half Dimes, Virginia Beach, VA, 1992. Akers, David W. Gold Dollars (and Other Gold Denominations), Englewood, OH, 1975-1982.
Breen, Walter. United States Half Dimes: A Supplement, New York, 1958. Bowers, Q. David. A Guide Book of Double Eagle Gold Coins, Atlanta, GA, 2004.
Logan, Russell, and McClosky, John. Federal Half Dimes 1792-1837, Manchester, MI, 1998. Bowers, Q. David. United States Gold Coins: An Illustrated History, Wolfeboro, NH, 1982.
Newlin, H.P. The Early Half-Dimes of the United States, Philadelphia, 1883 (reprinted 1933). Breen, Walter. Major Varieties of U.S. Gold Dollars (and Other Gold Denominations), Chicago, 1964.
Valentine, D.W. The United States Half Dimes, New York, 1931 (reprinted 1975). Fivaz, Bill, United States Gold Counterfeit Detection Guide, Atlanta, GA, 2005.
Garrett, Jeff, and Guth, Ron. Encyclopedia of United States Gold Coins, Atlanta, GA, 2006.
DIMES
Ahwash, Kamal M. Encyclopedia of United States Liberty Seated Dimes 1837-1891, Kamal Press, 1977. COMMEMORATTVES
Davis, David; Logan, Russell; Lovejoy, Allen; McCloskey, John; and Subjack, William. Early United States Bowers, Q. David. A Guide Book of United States Commemorative Coins, Atlanta, GA, 2006.
Dimes 1796-1837, Ypsilanti, MI, 1984. Bullowa, David M. The Commemorative Coinage of the United States 1892-1938, New York, 1938.
Flynn, Kevin. The 1894-S Dime: A Mysteiy Unraveled, Rancocas, NJ, 2005. Mosher, Stuart. The Commemorative Coinage of the United States 1892-1938, New York, 1940.
Flynn, Kevin. The Authoritative Reference on Roosevelt Dimes, Brooklyn, NY, 2001. Slabaugh, Arlie. United States Commemorative Coinage, Racine, WI, 1975.
Greer, Brian. The Complete Guide to Liberty Seated Dimes, Virginia Beach, VA, 1992. Swiatek, Anthony, and Breen, Walter. The Encyclopedia of United States Silver and Gold Commemorative
Kosoff, A. United States Dimes From 1796, New York, 1945. Coins 1892-1954, New York, 1981.
Lange, David W. The Complete Guide to Mercury Dimes (2nd ed.), Virginia Beach, VA 1993. Taxay, Don. An Illustrated History of U.S. Commemorative Coinage, New York, 1967.
Lawrence, David. The Complete Guide to Barber Dimes, Virginia Beach, VA 1991.
TOKENS
QUARTER DOLLARS Fuld, George, and Fuld, Melvin. U.S. Civil War Store Cards, Lawrence, MA, 1975.
Bowers, Q. David. A Guide Book of Washington and State Quarters, Atlanta, GA, 2006. Jaeger, Katherine. A Guide Book of United States Tokens and Medals, Atlanta, GA, 2006.
Bressett, Kenneth. The Official Whitman Statehood Quarters Collector's Handbook, New York, 2000. Rulau, Russell. Standard Catalog of United States Tokens 1700-1900, Iola, WI, 1997.
Briggs, Larry. The Comprehensive Encyclopedia of United States Seated Quarters, Lima, Ohio, 1991.
Browning, A.W. The Early Quarter Dollars of the United States 1796-1838. New York, 1925 (reprinted PATTERNS
1992) Judd, J. Hewitt. United States Pattern Coins (9th ed., edited by Q. David Bowers), Atlanta, GA, 2005.
Cline, J.H. Standing Liberty Quarters (3rd ed.), 1996.
Duphorne, R. The Early Quarter Dollars of the United States, 1975. PRIVATE AND TERRITORIAL GOLD
Fivaz, Bill, and Stanton, J.T. The Cherrypickers Guide to Rare Die Varieties, Atlanta, GA, 2006. Adams. Edgar H. Official Premium Lists of Private and Territorial Gold Coins, Brooklyn, NY, 1909.
Haseltine, J.W. Type Table of United States Dollars, Half Dollars and Quarter Dollars, Philadelphia, 1881 Adams, Edgar H. Private Gold Coinage of California 1849-1855, Brooklyn, NY, 1913.
(reprinted 1927, 1968). Bowers, Q. David. A California Gold Rush History Featuring Treasure from the S.S. Central America,
Kelman, Keith N. Standing Liberty Quarters, 1976. Wolfeboro, NH, 2001.
Lawrence, David. The Complete Guide to Barber Quarters, Virginia Beach, VA, 1989. Bowers, Q. David. The History of United States Coinage as Illustrated by the Garrett Collection, Los
Angeles, 1979.
HALF DOLLARS Breen, Walter, and Gillio, Ronald. California Pioneer Fractional Gold (2nd ed.), Santa Barbara, CA, 1983.
Flynn, Kevin. The Authoritative Reference on Barber Half Dollars, Brooklyn, NY, 2005. Clifford, Henry H. "Pioneer Gold Coinage in the West—1848-1861," reprint from The Westerners Brand
Fox, Bruce. The Complete Guide to Walking Liberty Half Dollars, Virginia Beach, VA, 1993. Book—Book Nine, Los Angeles, 1961.
Lawrence, David. The Complete Guide to Barber Halves, Virginia Beach, VA, 1991. Doering, David. California Fractional Gold, Seal Beach, С A, 1982.
Overton, Al С Early Half Dollar Die Varieties 1794-1836, Colorado Springs, CO, 1967 (3rd ed., 1990, edit­ Griffin. Clarence. The Bechtlers and Bechtler Coinage and Gold Mining in North Carolina 1814-1830,
ed by Donald Parsley). Spindale, NC, 1929.
Peterson, Glenn R. The Ultimate Guide to Attributing Bust Half Dollars, Rocky River, OH, 2000. Kagin, Donald H. Private Gold Coins and Patterns of the United States, New York, 1981.
Wiley, Randy, and Bugert, Bill. The Complete Guide to Liberty Seated Half Dollars, Virginia Beach, Lee, Kenneth W. California Gold—Dollars, Half Dollars. Quarter Dollars, Santa Ana, CA, 1979.
VA, 1993. Leonard, Robert D., Jr., et al. California Pioneer Fractional Gold by Walter Breen and Ronald J. Gillio (2nd
ed.), Wolfeboro, NH, 2003.
SILVER DOLLARS Owens, Dan. California Coiners and Assayers, Wolfeboro, NH, and New York, 2000.
Bolender, M.H. The United States Early Silver Dollars From 1794 to 1803 (3rd ed.), Iola, WI, 1982 (reprint­ Seymour. Dexter С The 1830 Coinage ofTempleton Reid, American Numismatic Society Museum Notes No.
ed 1987). 22, New York, 1977.
Bowers, Q. David. The Rare Silver Dollars Dated 1804, Wolfeboro, NH, 1999.
Bowers, Q. David. Silver Dollars and Trade Dollars of the United States: A Complete Encyclopedia, PHILIPPINE ISSUES
Wolfeboro, NH, 1993. Allen, Lyman L. U.S. Philippine Coins, Lyman Allen Numismatic Services, Oakland Park, FL, 1998.
Bowers, Q. David. A Guide Book of Morgan Silver Dollars: A Complete History and Price Guide Shafer, Neil. United States Territorial Coinage for the Philippine Islands, Whitman Publishing
(2nd ed.), Atlanta, GA, 2005. Company, 1961.
Fey, Michael S., and Oxman, Jeff. The Top 100 Morgan Dollar Varieties, Morris Planes, NJ, 1997.
Haseltine, J.W. Type Table of United States Dollars. Half Dollars and Quarter Dollars, Philadelphia, 1881 PROOF COINS AND PROOF SETS
(reprinted 1927, 1968). Lange. David W. A Guide Book of Modern United States Proof Coin Sets, Atlanta, GA, 2005.
Newman, Eric P., and Bressett, Kenneth E. The Fantastic 1804 Dollar, Racine, WI, 1962.
Van Allen, Leroy C, and Mallis, A. George. Comprehensive Catalogue and Encyclopedia of U.S. Morgan TYPE COINS
and Peace Silver Dollars, New York, 1997. Bowers, Q. David. A Guide Book of United States Type Coins, Atlanta, GA, 2005.
Willem, John M. The United States Trade Dollar (2nd ed.), Racine, WI, 1965. Garrett, Jeff, and Guth, Ron. 100 Greatest U.S. Coins (2nd ed.), Atlanta, GA, 2005.
Guth. Ron, and Garrett, Jeff. United States Coinage: A Study by Type, Atlanta, GA, 2005.
108
INDEX INDEX
abbreviations, 8 bullion values, 394 decimal ratio system, 13 fractional coins, 16
African Head copper, 58 bungtown tokens, 47 de Francisci, Anthony, 214, 215 fractional currency, 17
Alaska Rural Rehabilitation Corporation deniers, 50-52 Franklin, Benjamin, 13, 72, 81, 83
tokens, 385 California gold, 30, 31, 344, 357, 364, 365, die defect, 387, 390 Franklin cents, 13, 83
Albany Church pennies, 71 366, 367 dimes, 15, 18, 19, 20, 25, 26, 140-154, 156, Franklin half dollars, 194-196
alterations. See counterfeits small-denomination gold, 364-366 194, 336, 394 Franklin Press tokens, 12, 72
American Numismatic Association, 86 ingot bars, 366-367 Barber, 147-149 free coinage, 14, 16
grading system of, 9 California gold rush, 15 Roosevelt, 152-154 Frosted Proof, 320
American Plantations tokens, 39 Callender, Joseph, 56 Winged Liberty, 149-151 (See also Frossard, Edouard, 29
ANA. See American Numismatic Association Carter, Amon, Sr. and Jr., 395 "Mercury" dimes) Fugio cents, 13, 28, 82-84
Anthony dollars, 218-219 Castine Hoard, 28 dismes, 13, 84, 85
Appleton, William Sumner, 395 Castorland medals, 73-74 dollar, origin of word, 200 Garrett, John Work, 396
Articles of Confederation, 12 cents dollars Gasparro, Frank, 118, 196, 216, 217, 218, 293
auction prices, top 250 U.S., 399-403 Confederate, 375 Lesher Referendum, 73 Georgia gold, 343, 346
Auctori Plebis tokens, 11, 70 copper-nickel (see white cents) pattern, 340, 341 Georgivs Triumpho coppers, 11, 75
Indian head (see Indian head cents) pillar (see Spanish milled dollar) Georgivs/Britannia, 64
Bailey, John, 62, 63 large (see large cents) Sacagawea, 26, 220 Getz patterns, 78-79
Baldwin & Co., 355-356 Lincoln (see Lincoln cents) Susan B. Anthony, 218-219 Getz, Peter, 78
Baltimore Find, 29 memorial reverse, 118-120 See also gold dollars; goloid metric dollar; Gloucester token, 11, 46
Bank of New York Hoard, 28 pattern, 334, 335, 337, 341, 342 silver dollars Goadsby, Thomas, 65
Bar coppers, 69 plastic, 342 double de I'Amerique Frangoise, 50 Gobrecht dollars, 205-207, 333
Barber dimes, 147-149 found in Randall Hoard, 28 double dimes. See twenty-cent pieces gold
Barber half dollars, 191-192 shell-case, 116-117 double eagles, 16, 26, 30, 233, 254-261, 342 bullion, 327-329
Barber quarters, 163-164, 341 silver center, 14, 85 found in hoard, 30 California, 344
Barber, Charles E., 24, 26, 125, 147, 163, small (see small cents) pattern, 342 Colorado, 362-364
191,233,267 steel, 25, 116 doubloons, 10, 11, 61 dollars (see gold dollars)
Barber, William, 155, 209, 338, 339 wheat, 113-117 Dubosq & Company, 355 double eagle (see double eagles)
Barnum, P.T., 264 Chalmers, J., coinage of, 11, 49 Dudley, Benjamin, 13, 81 eagle (see eagles)
Barry, Standish, 11. See also Standish Chapman Hoard, 29 Dunbar & Company, 356 four-dollar (see four-dollar gold pieces;
Barry threepence Chase, Salmon P., 17 Dunham, William F, 395 Stellas)
Bass, Harry W., 395 Cincinnati Mining & Trading Co., 353 Georgia, 343
Bechtler, August, 346 Civil War, 16 eagles, 6, 14, 15, 16, 24, 30, 31, 32, half eagle (see half eagles)
Bechtler, Christopher, 344-346 Civil War tokens, 374 246-253, 350 Mormon, 360-362
Bechtler gold, 15, 344-347 clad coinage, 19, 153, 169, 196, 197 pattern, 338 private and territorial, 16, 343-367
Bermuda (Sommer Islands), 11, 34 Clark, Capt. William, 134 See also silver eagles quarter eagle (see quarter eagles)
Bicentennial coinage, 170, 197 Clark, Gruber & Co., 362-363 Eckfeldt, Adam, 396 three-dollar (see three-dollar gold pieces)
half dollars, 197-198 clipped planchet, 386, 390 Economite Treasure, 29 gold dollars, 15, 221-223, 364
quarter dollars, 169-170 Cohen Hoard, 28 eight reales, 10 found in hoard, 29
silver dollars, 217-218 coin alignment, 176 Eisenhower dollars, 216-218 pattern, 334, 335
Birch cent, 14, 84, 85 coins Elephant tokens, 11, 44-45 gold standard, 16, 18-19
Birch, Robert, 14, 84 care of, 22 Eliasberg, Louis E., Sr., 396 Gold Standard Act, 18
Bishop, Samuel, 57 coins, increase and decrease in prices, 8 Ellsworth, Col. James W., 396 goloid metric dollar, 341
bit, 13, 18. See also Spanish milled coins, investing in, 20-22 error pieces. See misstrikes and error pieces; Goodrich, John, 57
dollar Collins Find, 29 state quarters, error pieces Gouverneur Morris, 52
Bland-Allison Act, 19, 210 colonial issues, 34-51 Excelsior coppers, 62 grading. See American Numismatic
Blank & Co., 366, 367 Colonies, French, 49-51 Exeter Hoard, 29 Association, grading system of
blanks, 387, 390 Colorado gold pieces, 362-364 Granby coppers, 46-47
Bowie, J.H., 352 commemoratives, 262-319. See also alpha- F.D. Kohler, 354-355 gratuitous coinage. See free coinage
Boyd, Frederick C.C., 395 betical index on pp. 262-263 Farouk, King (Egypt), 396 Gruner, Ferdinand, 359
Brand, Vergil M., 395 commemorative sets, 314-319 farthings, 38, 39. See also in "Colonial Issues"
Brasher doubloons, 61 Comstock Lode, 17 section half cents, 13, 14, 15, 17, 22, 26, 29, 56, 57,
Brasher, Ephraim, 11, 61 Confederate cents, 375 Feuchtwanger tokens, 373 86, 87-92, 93, 108, 109, 370
Brenner, Victor D., 24, 113, 114, 118 Confederate half dollars, 189, 375 fifty-dollar gold pieces. See bullion coins; Half found in hoards, 29
Brilliant Proof, 320 Confederatio coppers, 54-55 Unions pattern, 335
broadstrike, 388, 390 Connecticut, coinage of, 57-60 file marks, 9 half dimes, 15, 17, 18, 22, 25, 26, 135-139
brockage, 388, 390 Continental Currency, 13, 81 five-cent pieces half dismes, 14, 84, 85
Broome, Samuel, 57 contract issues and patterns, 81-86 aluminum, 337 half dollars, 13, 14, 15, 16, 18, 19, 20, 22, 24,
Brown, Moses, 14 Copper Company of Upper Canada tokens, pattern, 341 25, 26, 29, 32, 78, 169, 177-198, 214,
Browning, Jeff, 395 73 ,„_ silver wartime alloy, 130 217, 218, 230, 320, 326, 339, 341, 342,
Buell, Abel, 57, 83 counterfeits, 22-23, 47, 63, 71, 107, 117, 12b, See also half dimes; nickels 375, 376, 396, 397
buffalo nickels, 25, 127, 134. See also Indian 130, 150, 193,229,230,245 five-dollar gold pieces. See half eagles Barber, 191-192
head nickels Cox, Albion, 65 Flying Eagle cents, 16, 109 Confederate, 375
with three-legged buffalo, 129 found in hoard, 29 found in hoards, 29
bullion coins, 326-332 Dahlonega, GA, 15, 20, 221, 226, 231, 239 four-dollar gold pieces, 233. See also Stellas Franklin, 194-196
—.110
INDEX INDEX

Kennedy, 196-198 large cents, 17, 22, 29, 93-108, 397, 398 Newby, Mark, 11, 38 See also gold, private and territorial
pattern, 334, 335, 339, 342 Law of 1873, 17, 156, 210 Newcomer, Waldo, 397 Proof coins, 320
half eagles, 14, 230, 234-245, 347 Lesher Referendum dollars, 373 Nichols Find, 28 collecting of, 398
Half Unions, 334, 340, 398 Lewis and Clark. See Westward Journey nick­ nickel three-cent pieces. See three-cent making of, 320
halfpence els; See also under commemoratives pieces, nickel and mintmark application, 20, 320
imitation British, 63 Liberty and Security tokens, 79-80 nickels, 17,25,27, 124-134 Proof, defined, 320
See also in "Colonial Issues" section Lilly, Josiah K., 396 Indian Head (see Indian Head nickels) prooflike, defined, 320
halfpennies Lima Style doubloons, 61 Jefferson (see Jefferson nickels) Proof sets, 320-322
found in Cohen Hoard, 28 Lincoln cents, 22, 113-120, 342 pattern, 337, 341
vs. farthings, 38 lint marks, 9 wartime silver, 130 quarter dollars, 25, 26, 156-176
Hamilton, Alexander, 12, 13, 14, 15 Liverpool halfpenny, 77 Norris, Gregg & Norris, 347 1792, 86
Hard Times tokens, 16, 368-372 Longacre, James В., 108 North American tokens, 69 Barber, 163-164
Harmon, Reuben, Jr., 62, 67 Lord Baltimore coinage, 37-38 North Wales halfpennies, 80 Bicentennial, 169-170
Harris, Marchand & Co., 366, 367 North West Company tokens, 74 found in hoards, 29, 30
Haseltine, John W., 333 Machin, Thomas, 62 Norweb, Mrs. R. Henry, 397 pattern, 338, 340, 341
Hawaii, coins and tokens of, 176, 376. See Machin's Mills coinage, 62-64 Nova Caesarea coppers, 65 statehood (see state quarters)
also commemoratives, Hawaiian mark, 13, 82 Nova Constellatio coppers, 11, 52, 53 Washington, 25, 167-176
Sesquicentennial, 275 Massachusetts and California Company, 353 Nova Constellatio patterns, 13, 81-82 quarter eagles, 14, 224-230, 239, 245, 267,
Hentsch, Henry, 367 Massachusetts, coinage of, 55 Nova Eborac coinage for New York, 11, 62, 274
Hercules Head (Connecticut), 58, 59 found in Exeter Hoard, 28 64-65 quint, 13, 82
Hibernia coinage, 11, 42-43 Matte Proof, 320 numismatics, history of American, 86
Hibemia-Voce Populi coins, 11, 47 medal alignment, 176 Randall Hoard, 28
Higley coppers, 46-47 medio, 12 Oak Tree coinage, 11, 29, 36 rarity, 23
Higley, Samuel and John, 11, 46 merchants' tokens, 11 Oregon Exchange Company, 360 Raymond, Wayte, 86
Hillhouse, James, 57 "Mercury" dimes, 25, 149-151, 342, 390 Ormsby, J.S., 354 Red Book, as a collectible, 391-393
hoards, famous, 28-30 metals, wrong, 390 values of previous editions, 392-393
Hogge Money (Bermuda), 11, 34 Mickley, Joseph J., 397 Pacific Company, San Francisco, 354 Reed, Byron, 398
Hopkins, Joseph, 57 Miners' Bank, 353 paper money, 13, 15, 16, 17, 22, 29, 374 Reich, John, 26, 90, 99, 101, 141, 157, 179,
Hull, John, 11, 35 Mint sets, 320, 323-325 Parmelee, Lorin G., 397 225, 236
Humbert, Augustus, 343, 347, 348, 358, 367, Special, 325 pattern pieces, 14, 15, 52, 333-342 Reid, Templeton, 15, 343-344
348-350, 358 Special Millennium, 220 1792 proposed coinage, 14-15, 84-86, 397 replicas, 22, 23, 81, 364
Uncirculated, 323-325 dimes, 145 Rhode Island Ship tokens, 48
Immunis Columbia pieces, 53, 54 mintages, inaccuracy of reported, 9 eagles, 247, 252 Rittenhouse, David, 14
Indian Head cents, 16, 29, 110-113 Mint Cabinet, 86 Flying Eagle cents, 109-110 Roberts, Gilroy, 196, 197
Indian Head nickels, 127-129 mintmarks, 19-20 Gobrecht dollars, 205-207 Roosevelt dimes, 152-154
ingot, defined, 343 mints, U.S., 19-20 half dimes, 139 Roosevelt, Franklin D. See under commemo
ingots, California, 366-367 misstrikes and error pieces, 176, 386-390 half dollars, 185, 189 ratives
investing in rare coins, 21-22 types of, 387-388 history of, 333 Roosevelt, Theodore, 230, 252, 293
values of, 390 large cents, 94-95 Rosa Americana coins, 11, 39-42
J.H. Bowie, 352 Mitchelson, John C, 397 quarters, 161
J.J. Conway & Co., 363-364 Moffat & Co., 347-348, 350 silver dollars, 208 Sacagawea dollar, 26, 200, 219, 220, 388, 390
J.S. Ormsby, 354 with Augustus Humbert, 349-350 Stellas, 233 Saint-Gaudens, Augustus, 24, 27, 230, 252,
Jackson, Andrew, 15, 368 Moffat, John L, 352 Peace dollars, 27, 28, 214-216 258,318,327,342
Janus copper, 56 Morgan silver dollars, 27, 210-216 penny boards, 86 Sanderson, Robert, 35
Jefferson nickels, 27, 129-134, 317, 318 Morgan, George T, 24, 210, 233, 267, 340 Philippine issues, 20, 377-384 Schultz & Company, 356
Jefferson, Thomas, 12, 15, 133. See also Mormon gold pieces, 360-362 commemorative, 384 Scot, Robert, 87, 89, 96, 101, 135, 140, 156,
Jefferson nickels; See also under commem­ Morris, Gouverneur, 12-13, 52, 81 piece of eight, 10, 11, 20, 200 177, 178, 200,224,234,246
oratives Morris, Robert, 13, 52 pillar dollar, 10. See also piece of eight Sheldon, William H., 398
John Parsons & Company, 363 Mott Store cards, 70 Pine Tree coinage, 28, 37, 55 Sherman Act, 18
Justh & Hunter, 367 motto "In God We Trust," 208, 252, 260, 267 Pittman Act, 18,27,211,214 shillings, 11, 12, 28, 35, 37. See also in
Mould, Walter, 65 Pittman, John Jay, 397 "Colonial Issues" section
keelboat nickel. See Westward Journey nickels Moulton, William, 55 Pitt tokens, 48 Ship halfpenny, 79
Kellogg & Co., 358-359 mousequetaire, 50 planchets Shipwreck Effect coins, 31
Kellogg & Humbert, 367 Myddelton tokens, 11, 73 blank, 387, 390 shipwrecks, 30-32. See also S.S. Brother
Kellogg, John G., 358 clipped, 386, 390 Jonathan; S.S. Central America; S.S.
Kellogg & Richter, 358 NE coinage, 35 coins struck on wrong, 388, 390 Republic; S.S. Yankee Blade
Kennedy (John F.) half dollars, 25, 196-198 New Hampshire, coinage of, 55 platinum bullion, 329-332 silver bullion, 14,27, 35,326
Kennedy, Robert F. See under commemora­ New Jersey, coinage of, 62, 65-67 Piatt, Jeremiah, 57 silver dollars, 16, 18-19, 23-24, 200-219
tives New Orleans Bank Find, 30 Postage Currency, 17, 336 Bicentennial, 217-218
Kentucky tokens, 11, 71 New Spain (Texas) Jola tokens, 74 post-colonial issues, 52-80 Eisenhower, 216-218
Kneass, William, 136, 158, 226, 238, 239 New York coppers, 11 Post, J.K., 86 found in hoards, 28
Kohler, F.D., 343, 354-355 New York Theatre penny, 74 Pratt, Bela Lyon, 230, 245 Gobrecht, 205-207, 333
New York, coinage of, 61-65 private gold Morgan, 27-28, 210-216
lamination, 388, 390 New Yorke in America tokens, 11, 45 defined, 343 pattern, 208, 336
413
-—412
INDEX
Peace, 28, 214-216 pattern, 339
Trade, 209-210 (See also trade dollars) twenty-dollar gold pieces. See double eagles
silver eagles, 220, 326 two-cent pieces, 17, 18, 19, 121
sixpence, 12, 34, 35, 36, 37, 38, 49. See also found in hoard, 29
in "Colonial Issues" section pattern, 334, 336
slabs, 21 twopence, 34, 35, 39, 42. See also in
sliders, 9 "Colonial Issues" section
small cents, 109-120
Snowden, James Ross, 398 Uncirculated Mint sets, 323-325
sols, 50 United States Assay Office, 348-352
Sommer Islands (Bermuda) coinage, 11, 34 United States Assay Office of Gold, 350-352
Sommers, Sir George, 34 and John L. Moffat, 352
sou marque, 50-51
sous, 50-51 V.D.B. cents, 24. See also Brenner, Victor
Souvenir sets, 323, 325 David
Spanish milled dollar, 10, 11, 12-13 Vermont, coinage of, 67-69
Special Mint Sets, 320, 323, 325 Virginia halfpennies, 43
speculative patterns, 54-55 Vistas of Liberty platinum designs, 330
spot values of U.S. coins, 394 Voce Populi coins, 47
SS Brother Jonathan, 30-32 Voigt, Henry, 14, 93, 94
SS Central America, 30, 31, 359, 367, 393
SS Republic, 30, 32 waffled coins, 388
SS Yankee Blade, 30-31 wampum, 10, 35
Standard Silver coin, 337 war nickels, 130
St. Patrick's coppers, 11, 38-39 Washington, George, 13, 14. See also quarter
Standish Barry threepence, 70 dollars, Washington; Washington pieces
state quarters, 19, 25, 171-176, 320 Washington pieces, 75-80
error pieces, 176 portrait, 75-78
states, coinage of individual, 55-69 Wass, Molitor & Co., 356-358
steel cents, 25, 116 Weinman, Adolph A., 149, 192, 230, 326
Stellas, 233, 398 Wells-Fargo Hoard, 30
Stickney, Matthew Adams, 398 West Point mint, 19, 152, 220, 234, 263, 289,
Success medals, 80 290, 291, 299, 300, 312, 320, 326, 327,
sunken treasure, 30-32. See also shipwrecks 328,329, 330, 331,332,415
Susan B. Anthony dollars, 218-219 Westward Journey nickels, 133
wheat cents, 113-117
Talbot, Allum & Lee tokens, 72, 88 white cents, 110-111
Tarryall Mines, 363 White, Hoard of Miser Aaron, 29
ten-dollar gold pieces. See eagles; see also whizzed coins, 9
bullion coins wildcat banks, notes of, 15
territorial gold. See gold, private and territorial Wilkison, John, 398
Theatre at New York tokens, 74 Willow Tree coinage, 29, 35-36
three-cent pieces, 17, 122-123 Woodin, William H., 334, 398
nickel, 123 Wood, William, 11, 39-43
pattern, 341 Wright, Joseph, 86
silver, 16-17, 122-123 Wyon, George, 53
three-dollar gold pieces, 16, 231
pattern, 338
threepence, 34, 35, 37, 46, 49, 70
silver, 12
See also in "Colonial Issues" section
tokens
private, 368-374
See also specific types of tokens
trade dollars, 17, 209, 210, 339, 395, 338
pattern, 338
treasures and hoards, 23. See also hoards,
famous; shipwrecks
Treasury release of 1962-1964, 27-28
trimes, 122-123
pattern, 335
Trompeter, Ed, 398
twenty-cent pieces, 18, 155

.414