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About
My objective is to collect the bookends "First/Last" of each series of US coins in their highest grades affordable, and to teach my children to appreciate the coin's history.
Profile Picture - 1794 $1 (Special Strike) PCGS SP66
Profile Picture - 1794 $1 (Special Strike) PCGS SP66
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Reviews (6)
08 Jun, 2013
End of a beautiful series coinage.
This was the final year for the John Reich Capped series coinages. Replacing this series, the famous and long last Seated series by Christian Gobrecht would be introduced. My toughest coin to date has been the 1809 Capped Bust Dime which is the other end of this coin's "First/Last"... truly a beautiful coin.
08 Jun, 2013
The introduction of the long lasting and famous Seated series
This was the first year of the famous and long lasting Seated series by Christian Gobrecht, and my second toughest coin to date... the 1839 "No Drapery" HALF DOL. This series will last through 1891, though it's silver content would be reduced in 1853 due to the increase in silver values, which was brought to the attention of the consumer by placing arrows by the date. Then in 1866 the motto "IN GOD WE TRUST" would be placed on coins and remains there to this day, though personally I feel it should be removed.
24 Feb, 2015
Our nations first small cent
1 of 1 found this helpful By the mid-1850s it was apparent that the large copper cents struck since 1793 were too cumbersome and unpopular, as well as increasingly uneconomical to make. The idea of fiduciary coinage, based on the trustworthiness of the issuing authority, not on the coin's intrinsic value, was beginning to catch on as well. Sooner or later the "big coppers" would have gone the way of the dinosaur.
Designed by James B. Longacre, the Flying Eagle motif was actually an adaptation of the Christian Gobrecht/Titian Peale design used on pattern dollars twenty years before. The reverse wreath was similarly adapted from the model Longacre had made for the 1854 one and three dollar gold pieces. As with other Longacre designs, the relief was too high. This caused problems on fully struck coins, they would not stack properly, and on less than perfectly produced pieces it created problems associated with die opposition, that is, either the eagle's head and tail did not strike up fully on the obverse or the wreath was ill-defined on the reverse.
It was Longacre's inability to engrave dies properly that led to the early demise of the series. A new design was needed where die opposition would not be a problem as it had been between the eagle on the obverse and the wreath on the reverse. It was this need that led Longacre to redesign the small cent for 1859, replacing the flying eagle motif with an Indian head. The original small cent design, however, gave collectors of 19th century U.S. coins a short, yet challenging series that continues to intrigue numismatists more than a century later