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Welcome to the Tarnished Truth, your newsletter. The phrase very fine is an interesting concept both in the English language and in the grading of coins. At the turn of the twentieth century a very fine coin was considered the lowest collectable grade for coins. Now with the advent of modern minting practices and big dollar media presentations only high grade super flashy mint state coins are wanted. But you know there is just something special about the look of a nice very fine coin. It now has character; it has an individual look, not all model 'T' black anymore. I'll always wonder at the ridiculous spread in values between a nice very fine and a mint state example of a coin, especially a common one. But as a collector of these nice very fine coins maybe I should not question the difference, but just enjoy the lower prices the grade demands. You know numismatics,like life gives back in like portions just about the same as you put into it. So pick your passion and attack it with full force gusto, and the returns and rewards will surprise you in there size and scope. Get involved because you definitely don't get out of this life 'Alive'. |
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![]() Ray D Larson ![]() ![]() Multiple Struck Error Coins ![]() by Ralph J. Huntzinger
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When did the Bi-Centennial coinage's history begin? |
| The cent, or "penny," has been minted in six different alloys during the two centuries it has been issued.
The nation's first cents weighed more than the modern half dollar and were only slightly smaller. These large coins officially were made of pure copper, but some of these coins contain trace amounts of other metals, including silver and gold.
By the mid 1850s, the price of copper had risen to a point where it was not cost effective to issue the large cent. In 1857 the first small one-cent coins were struck.
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The answer is: In 1966 the American Revolution Bicentennial Commission was established as a group of Congressmen, Exexcutive branch members, and ordinary citizens to make recomendations on commemorative coins, medals,stamps and more. On October 23rd 1973 the Treasury Department announced an open competition for artist of designs for the coins. | |
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