Veracity of US Coin Collecting
Veracity of US Coin Collecting
Some people are born to love money; whether they spend it or just collect it, they are simply born to love the way money provides them the kind of gratification that they need.
For example those people who are coin collectors simply love the sight of coins and many wish to display their collections as art.
In the United States, coin collecting started as early as 1652. During this period, business people and individuals alike, were known to engrave and distribute their personal coins.
Some people are so interested in coin collecting that they are more willing to combine various forms and categories. The reason for this fascination for these coins is the very nature of U.S. coins.
The U.S. Mint carefully crafts U.S coins and over the past 30 years it has minted nearly 300 billion coins.
When the Articles of Confederation gave consent for the different states to create or manufacture their own coins, the U.S. coin collections grew at an unparalleled rate. That is why in the middle of 1780′s, states like Connecticut, Vermont, New Jersey, New York, and Massachusetts started creating various coins unique to their states. This prompted the start of “rare coin collection.”
To know more about U.S. coin collecting, here are some of the basic facts that you must know:
1. It was on 1787 that the primary “federally” approved coin of the U.S. was first made. It was in New Haven, Connecticut where the “Fugio Cent,” the name of the coin, was secretly manufactured.
2. The U.S. Mint is responsible for manufacturing the U.S. coins. The agency uses bands of metal that are rolled into loops, with the right breadth and measurements. Each kind of coin uses a particular kind of metal. For instance, metal strips that are made of zinc are used to manufacture pennies, while nickels are made of a 25% “nickel metal alloy” and 75% copper.
For this reason, U.S. coin collecting is further subdivided into categories such as the U.S cent, U.S. nickel, U.S. dime, etc.
People who would like to start collecting U.S. coins, should learn the intricacies or the hobby and find ways to acquire their first coins.
The hobby of U.S. coin collecting is not just a wonderful hobby but also a great way to preserve the nation’s culture and history.
Dwight D. Eisenhower Coin Collection with Campaign Pin Consisting of 4 coins, 1 medallion, 1 campaign pin and 1 token. Auction Ended. Official 1957 Dwight David Eisenhower Inaugural Medal (Designed by: Walker Kirtland Hancock (1901-1998) Medalist: Medallic Art Company) This heavy 2 3/4 inch medal commemorates the inauguration of the 34th President of the United States, Dwight David Eisenhower. Face Reads Second Inauguration January 20, 1957. The medallion is made of bronze and is 70mm in diameter with a beaded border motif in wonderful high relief. The reverse shows the name of Dwight David Eisenhower and Vice President Richard Milhous Nixon and the border is a laureated wreath The medal is in excellent condition with natural aging. For Sale: 1976 Bicentennial Eisenhower Dollar Proof MS-63 Gem BU. For Sale: 1972 Eisenhower Dollar Cicrulated (UNC). For Sale: 1972 Eisenhower Dollar Circulated (AVG). For Sale: 1972 Eisenhower Dollar Circulated (Good). For Sale: Commemorative Token one Gold colored metal token that measures 1 1/4″ inch in diameter One Side Reads: “DWIGHT D. EISENHOWER-1953-1961, 34TH PRESIDENT OF THE UNITED STATES” with portrait of him in the center…The reverse reads: “DWIGHT D. EISENHOWER, BORN OCT. 14, 1890, NICKNAMED “IKE”, POPULAR HERO OF WORLD WAR II, AIDED IN ARRANGING THE KOREAN TRUCE, FIRST PRESIDENT OF ALL FIFTY STATES, DIED MAR 28, 1969. Condition: VF. Also for sale is a Campaign Pin that says I Like IKE. Pin still intact and can be worn but best …
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