2017 U.S. coins have provided us with an interesting numismatic year! The 225th anniversary of the U.S. Mint was this year and what a treat it proved to be for collectors! Let's look back at what was new and different this year!
We are a land of hope and opportunity! Since the day the first European settlers, the Norsemen came in long boats; followed by the 15th century Spanish in their big ships, then the British, the French, and later the rest of Europe, Russia and Asia; America has been a land of 'hope' for people fleeing from poverty, tyrants, pogroms; a land of 'abundance' for people who wanted to call a piece of land their own; a land of 'Liberty' for those who wanted a home away from home!
Hoarding comes naturally to us, as humans. Over the centuries humans have been hoarding metals under the earth. In modern times, hoarding takes on a new meaning and the person who hoards is called an obsessive compulsive person. But in ancient times, hoarding happened for completely sane reasons! And these hoards or caches as they may be called open wide the doors to the history of the period!
Silver-white and lustrous to look at, Palladium looks like a close cousin to Platinum. Even though it’s been around some time, it’s amazing that Palladium has never been used in a U.S. coin before. Palladium coins have found favor in other countries; ‘Canadian Palladium Maple leaf’, the ‘Chinese Palladium Giant Panda’, the ‘Australian Palladium Emu’ are a few of the famous Palladium coins across the World!
In 2010, Congress authorized the U.S. mint to issue Palladium Eagle coins and in September this year the first ever investment grade Palladium Eagles with high relief designs have been released!
Many would think mint marks were invented by us. What with so many mints spread across the country since the 18th century! But that's not the case. These marks that indicate at a glance (within a 1 inch coin, no less!) which mint a coin came out of are as old as time itself!
The Morgan dollar was minted mainly because of the Bland-Allison act (which was probably lobbied for by the Western Silver mining groups) that mandated the purchase of two to four million dollars' worth of Silver every month and make coins out of them.
When you say 'Shipwreck...' it immediately brings to mind the eerie shipwreck footage of R.M.S Titanic, one of the most well known; no doubt brought to popular notice by the 1997 epic romance-disaster saga 'Titanic' ....But it is just one of a million shipwrecks that is said to be in the ocean beds of different oceans.
The Enhanced Uncirculated Coin set released on August 1st is exciting because of two reasons; it's honoring the 225th Anniversary of the US mint and the coins come in a different finish called the Enhanced Uncirculated finish. This earlier post explains what is the Enhanced Uncirculated finish and the difference between the Enhanced Uncirculated set and a Proof or Reverse Proof set.
This second post delves deeper into each of the coins that are included in the set. There are 10 coins in the set, all from the San Francisco mint (S-mint).
The $3 Indian Princess Gold coin is an interesting coin that was released by the US mint from 1854. The denomination and the coin itself was unusual as there were no $3 coins before that and the design of the coin was different from the usual styles that were prevalent then. It is now known as one of the most beautiful coins that was designed in the mid 19th century.