Copper has been part of the nation’s yuletide holidays since its earliest days when tiny copper candle holders and hammered-copper ornaments hung from the first Christmas trees, and celebratory wassail was served in copper cups. These were times when lucky youngsters might even receive a special gift—a “copper,” which, after 1793, meant a U.S. large cent.
Large cents, the first coins ever struck by the United States Mint, are part of a copper coinage tradition that dates to earlier colonial times. The first circulating U.S. copper coin, the 1787 Fugio cent, actually predated the U.S. Mint. Designed by Founding Father Benjamin Franklin and variously known as the “Franklin cent,” “Congress cent,” and “national cent,” this 10.2-gram copper coin was not a true cent (1/100th of a dollar), but a close equivalent of the English copper halfpenny.
The U.S. Continental Congress of the Confederation authorized the Fugio cent and contracted its production to a private Connecticut mint, ambitiously ordering 300 tons of copper to be struck into millions of Fugio cents over several years. But only 4.1 tonnes (metric ton = 1.1 standard ton) of copper became 400,000 coins.
The biggest problem facing the production of the Fugiocent and all early American copper coinage was a shortage of copper, a metal with a plethora of uses. Ranking 25th in abundance among the Earth’s crust elements, copper is as common as zinc and nickel. Slightly harder than gold and silver, it is somewhat less dense than silver and nearly as malleable and ductile.
Bu hikaye COINage Magazine dergisinin December 2020 - January 2021 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye COINage Magazine dergisinin December 2020 - January 2021 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Top 6 Most Popular U.S. Commemorative Coins
During a half-century of researching U.S.commemorative coinage, I have found that these are the top six U.S. commemorative coins favored by collectors, dealers and investors.
GUIDE TO GRADING SILVER AMERICAN EAGLE ONE-OUNCE BULLION COINS
CAC'S MODERN COIN MINT STATE GRADING STANDARDS
TOP Jen U.S. Gold Coins
LIST OF STRONG PRICES AT SPECTACULAR AUCTIONS
$7,500 GOLD BY THE END OF THE DECADE?
\"Gold can easily triple by the end of 2030,\" declares Maurice H. Rosen, the prominent Plainview, New York, gold coin prognosticator and award-winning writer.
PCGS Coin Grading 101
In 1986, the numismatic world changed when Professional Coin Grading Service (PCGS) entered the scene as a third-party certification service to authenticate, grade and encapsulate coins at scale.
HOW TO USE THE COIN VALUES LIST
Coin values are provided beginning with small cents through Double Eagle gold pieces and beyond, and many of the popular modern coins in between, all based on The Insider's Guide to U.S. Coin Values, 21st Edition, by Scott A. Travers (www.usgoldexpert.com) and updated for accuracy.
THEINSIDER'S GUIDE TO U.S. COIN VALUES 23RD EDITION
ULTIMATE LIST OF COIN PRICES
Coin Dealers Attacked, Targets of Organized Crime
Coin dealers nationwide have become the latest victims of organized crime, facing targeted attacks following their attendance at coin shows.
Should You be Paying Sales Tax on Your Bullion and Coin Purchases?
THERE ARE MANY IMPORTANT EXCEPTIONS AND EXEMPTIONS
Physical Format Bitcoin Gains Collector Acceptance
PRICE RECORDS CONFIRM MARKET DEMAND