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Hi gang,
Did you read the article that Coin World published about the new ANA grading book to be released shortly?
From what I understand there have been some grading standards changed. The example they talked about was the Indian Head penny. It seems that the old requirement of having 3 letters shown is out and some can actually be graded Fine.
My question is this. Does this mean that all those Indians that have been slabbed and graded now have to be re-graded and re-slabbed to have the correct grade according to the new ANA Standards?
Abraham Lincoln is the only person to appear on two sides of a US coin and banknote.
On the US one cent and the five dollar bill on the Obverse is the portrait of Lincoln on the Reverse is the Statue of Lincoln seated in his chair in the monument. (Penny collectors get out your magnifiers and check).
Now for the fun part get out your microscopes.
The vignette on the reverse of the one cent and five dollar note depicts the Lincoln Memorial. You may be aware that, engraved on that Memorial are the names of the 48 states in 1922, which was the year the Memorial was dedicated. There are engravings of 26 State names on front of the building, which appears on the one cent and the five dollar note.
The upper frieze of the Memorial bears the States of Arkansas, Michigan, Florida, Texas, Iowa, Wisconsin, California, Minnesota, Oregon, Kansas, West Virginia, Nevada, Nebraska, Colorado, and North Dakota. The lower Frieze lists the States of Delaware, Pennsylvania, New Jersey, Georgia, Connecticut, Massachusetts, Maryland, Virginia, and New York. In addition, the engravings show the abbreviated names "Hampshire" (for New Hampshire) and "Carolina" (for South Carolina). We have no information why the prefixes for these states were not used.
just a little fun fact for today.
Just thought I would show this note for fun. This was the largest denomination U.S. note ever printed. There were only six of them and all six now reside in the vaults of the Simithsonian. There is some pretty good conversation about this note on the forum.
WASHINGTON - The United States Mint has recovered ten more of the fabled 1933 Double Eagle gold pieces. These numismatic artifacts were illegally removed from the United States Mint at Philadelphia more than 70 years ago.
"These Double Eagles were never lawfully issued, but instead, were taken from the United States Mint at Philadelphia in an unlawful manner more than 70 years ago," said United States Mint Acting Director David Lebryk. "They are, and always have been, public property belonging to the United States. We are pleased that these 10 Double Eagles have been recovered."
 Well although cut short by rain, CoinFest was a success. Kids got to look through over 200,000 coins in search of a plain 1922 Lincoln cent worth about $650. It wasn't found on Sunday, but we sent most of the coins home with the kids when the rain hit so it still might be found. See plenty of pics here.
Coin Community is a major sponsor of "Coinfest 2005" which is going to be on Sunday at the Howard Johnson's in Dover Delaware. The event is designed to get kids interested in coin collecting. It will be a carnival type atmosphere with coin related activities for the kids. Fox news will be there and many local radio stations are donating commercials every hour all week so we are expecting a big crowd.
Susan and I will be there all day, so if anyone want to stop by and say hi, that would be awesome.
You can read more or get the exact address here...
http://www.coinfest.org
A pressing hobby need has been met with the release of the 6th edition of the Official ANA Grading Standards for United States Coins.
Going on sale for $14.95 each in paperback, or $16.95 for spiral bound, attendees of the American Numismatic Association World's Fair of Money in late July in San Francisco were given a first look at the 350-page work.
The book has expanded and updated the 5th edition, which was sold in 1996. "Grading has changed a lot over the years," Whitman Publishing president Mary Counts said. She added, the new book "addresses today's hobby."
The guide covers grading for every federal issue minted since 1793, from half cents to double eagles, including commemoratives.
All standard grades are illustrated and described in detail. Text describes 30 levels from poor to Mint State. There are photographic illustrations.
All 11 grades of the Mint State-60 to Mint State-70 range are discussed in detail, critical in an area where one grading point can make a difference of thousands of dollars of value.
There is a special 16-page color section that highlights techniques for grading that the experts use. As keeper of the grading standards, the ANA's executive director, Chris Cipoletti, stressed that this is the "only grading guide sponsored and endorsed by the American Numismatic Association."
Article written by forum member Daniel J. Goevert. US Coin Values Advisor
Okay, let's get something straight. I do not advocate the purchase of United States coins strictly for investment purposes. Like most traditional collectors, I believe coins are to be primarily appreciated for their artistic beauty, historical connections, and the joy of pursuing them. However, it should be no secret that a significant number of us do add to our numismatic holdings while... Read the entire article and comment.
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Just thought I would show this note for fun. This was the largest denomination U.S. note ever printed. There were only six of them and all six now reside in the vaults of the Simithsonian. There is some pretty good conversation about this note on the forum.
Well although cut short by rain, CoinFest was a success. Kids got to look through over 200,000 coins in search of a plain 1922 Lincoln cent worth about $650. It wasn't found on Sunday, but we sent most of the coins home with the kids when the rain hit so it still might be found. See plenty of pics here.
