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When the Morgan Dollar was first designed and struck, the eagle on the reverse displayed 8 tail feathers ---apparently a number not found in nature. Eagles only have 7 tail feathers. Once the error was detected, a new pattern was created to over-punch the existing coins. This created a second 1878 variety, the 1878 Morgan Dollar (7/8 Tail Feathers) because the new, 7 feather stamping can be detected...
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The 1883 Morgan was produced in healthy numbers, over 12 million, and released into circulation immediately. You'll therefore find many examples that have circulated heavily. This is a "common date" and can be added to your collection after a short search.
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The Indian Head gold pieces, including the Indian Head Half Eagle, are unlike any other coins produced before or since by Uncle Sam: their designs and inscriptions are sunken below the surface of the coins, rather than being raised.
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The Capped Bust Dime was designed by Mint Assistant Engraver John Reich.
The Capped Bust dime was introduced in 1809. But it had a sputtering start, being struck only four times in its first eleven years: 1809, 1811, 1814 and 1820. From 1820, however, it was struck on a consistent basis, until it was replaced by the Seated Liberty dime mid-way through 1837.
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The tiny Liberty Head Gold Dollar had tremendous purchasing power - equivalent to a full day's wages or more for many Americans in the mid-1800s.
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The U.S. Trade Dollar of 1873-85 is unique for a number of reasons. It’s the only U.S. silver dollar to be struck during a period when U.S. legislation had officially revoked provision for a silver dollar coin! It’s the only U.S. coin struck primarily for use outside of the United States, namely the Orient. It’s the only U.S. coin to have its legal tender status revoked. It’s the only U.S. coin to indicate how many grains it weighed, as well as indicating the fineness of the silver it contained. And it’s the only U.S. coin that’s immediately associated with the term, “chop marks.”
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One of the most famous types of U.S. currency is the Fr. 387 Original Series $2 Lazy Deuce Note, dating to the U.S. Civil War. It’s readily apparent how this note acquired its “supine two” nickname: A large numeral “2” on its side covers more than half the width of the note’s face.
Lazy Deuces harken back to the time of the War Between the States. Since First Charter Lazy Deuces of the Original Series and Series of 1865 are the only notes of this denomination of large size nationals, these tilted twos are a significant type note. Also, no small size $2 nationals were issued, so these notes are a denominational type as well.
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Paper currency is NOT inherently green, but when the Union government turned to the printing press to finance its attempt to coerce the Southern Confederacy back into the Union, the feds inherited some of the weaknesses of state bank note currency system which flourished in the ante-bellum period. One of the principal problems state bankers faced was counterfeiting of their notes.
Various remedies were attempted, including steel plates, fine line engraving, color overprints, but staying one jump ahead of the bogus money men was about as far as the legit bankers could venture before the fakers would once again improve their facsimiles and catch up. The private bank note companies which printed the currency for the state bankers sought improved technology to offer their clients. But when photography became widespread in the late 1850s, the situation looked dire. Perfect photographic counterfeits promised an ill-gotten way to wealth for the illicit traders and financial ruin for their legit bretheren.
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U.S. Senator from Ohio, John Sherman appears on the Fr. 664 John Sherman $50 NBN. This is very appropriate since he was the author of the bill that created National Banks and National Currency in the first place. He is also one half of the only siblings “to appear prominently” on U.S. federal paper money.
In addition to being a career Senator (1861-77, 1881-97), John Sherman’s resumé of public service included serving as a U.S. Congressman (1855-1861), Secretary of the Treasury (March 10, 1877-March 3, 1881, in President Rutherford B. Hayes’ cabinet)....
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Coin Articles
- Popular World Coins
Maximilian Peso · Ireland Half Penny · Spanish-Colonial Reales · Chinese Gold Panda · Chinese Silver Panda
- Popular/Common U.S. Coins
Sacagawea Dollar · Morgan Dollar · Buffalo Nickel · Peace Dollar · Mercury Dime · Indian Head Cent · Washington Quarter · Jefferson Nickel · Carson City Morgan Dollar · Roosevelt Dime · Susan B Anthony Dollar · Kennedy Half Dollar · Eisenhower Dollar · Franklin Half Dollar · Lincoln Head Penny · Barber Dime · Standing Liberty Quarter · Flying Eagle Cent · Seated Liberty Half Dime · Braided Hair Large Cent · Draped Bust Quarter · Shield Nickel · Walking Liberty Half Dollar · Trade Dollar · Flowing Hair Half Dime · Two Cent Piece · Draped Bust Dime · Flowing Hair Large Cent · Draped Bust Dollar · Indian Princess Three Dollar Gold Piece · Classic Head Half Cent · Capped Bust Dime · Indian Head Half Eagle · Matron Head Large Cent · Capped Bust Half Dime · Classic Head Large Cent · Three Cent Silver Piece · Liberty Head Nickel · Flowing Hair Dollar · Liberty Cap Half Cent · Barber Half Dollar · Indian Head Eagle · Seated Liberty Dime · 1943 Zinc Penny · Seated Liberty Quarter · Capped Bust Quarter · Barber Quarter
- Rare/Famous U.S. Coins
Liberty Head Double Eagle · Braided Hair Half Cent · 1909-S VDB Lincoln Head Cent · Liberty Head Gold Dollar · Saint Gaudens Double Eagle · Seated Liberty Dollar · Capped Bust Half Eagle · Flowing Hair Half Cent · Turban Head Eagle · Indian Princess Gold Dollar · Classic Head Half Eagle· Flowing Hair Half Dollar · Liberty Cap Large Cent · Draped Bust Half Cent · Twenty Cent Piece · Draped Bust Large Cent · Three Cents (Nickel) · Capped Bust Quarter Eagle · Turban Head Half Eagle · Draped Bust Half Dollar · Classic Head Quarter Eagle
Paper Money Articles
- Popular World Notes
Korean Notes · Korean Yen
- Popular/Common U.S. Notes
Porthole Note · Funny Back Note · Fr 1619 Series 1957 1 Dollar Silver Certificate · Fr 1228-1231 5-cent Postage Currency · Fr MD-44 1 Dollar Note · 2 Dollar Lazy Deuce Note · Fr 2305 20 Dollar Hawaii Note · Fr 1935 Bicentennial Deuce Note · Fr 93 10 Dollar Legal Tender Note · Fr 747-780 Battleship Note · Fr 1226-1227 Americas Smallest Note · Fr 353-358 Hero of Atlanta Note · Fr 1-5 5 Dollar United States Demand Note · Fr 42 Rainbow Note · Fr 1800-1 Series 1929 National Bank Note · Fr 831 Panama Canal Note · Fr 259-265 Silver Dollar Back Note · Fr 424-439 Pocahontas Note · Fr 664 John Sherman 50 Dollar National Bank Note
- Rare/Famous U.S. Notes
Fr 346e Courtesan Note · Fr 1225 10K Dollar Gold Certificate · Fr 1152 20 Dollar National Gold Bank Note · Fr CS-1 Montgomery 1000 Note · Fr 452 Original 100 Dollar National Bank Note
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