The Lincoln head penny is perhaps the most collected American coin. They have been minted since 1909. During WWII numerous Lincoln head pennies were made out of zinc instead of copper. A few were made of copper in 1943, and these are infrequent and valuable American coins.
Before the Lincoln penny was minted, pennies had an Indian head on them. Indian head pennies are an extremely infrequent American coin.
Nickels
From 1883 to 1913, nickels had a portrait of the goddess Liberty on them. Interestingly, the 1913 liberty nickel is an exceptionally infrequent American coin. Just five copies were made, and a mint staff member made them illegally after hours.
The ideal collector's American coin is the buffalo nickel. It has a buffalo on one side and an Indian head on the opposite.
Since 1938, the nickel has had President Jefferson's portrait on it. In 2004, the mint started a "Westward Journey" series of nickels to honour Lewis and Clark's journey. They've tweaked Jefferson's portrait and the coins have distinct historical themes on the reverse, so the Westward Journey nickels are designed to be collectible coins.
Dimes
Dimes are certainly the most boring American coin. The design of dimes hasn't changed since 1945, the year after President Franklin Delano Roosevelt died. He suffered from polio and supported the March of Dimes. The March of Dimes helps people with birth defects now, but in Roosevelt's era it also helped children who had polio. Franklin's portrait has remained on our dimes since his death to honour his support of the March of Dimes. Dimes are a boring coin, but that is a great American coin story.
Quarters
Our favorite American coin, the quarter, had the Statue of Liberty on it until 1930. She was replaced by George Washington. Since 1999, the mint has been releasing the absolute collectible US State quarters, an American coin series that will be completed in 2008.
Half Dollars and Dollars
Half dollars used to be common, until 1964 they had Ben Franklin on one side and the Liberty Bell on the other. In 1964, President Kennedy's portrait went on the half dollar. People hoarded them and they became a treasured American coin, both because Kennedy was admired, and because the 1964 silver dollar was to be the last "genuine" silver dollar. Because so many people collected 1964 Kennedy half-dollars, the mint released more of them than any other half dollar. Congress even froze the date, and 1964 half dollars were minted in 1965, too.
Silver dollars are scarce now, but the Susan B. Anthony silver dollar is an exciting American coin. Minted from 1979-1981, it is the sole American coin with a woman's portrait on it.
Value Of American Coins
Perhaps this is so because of all the coins that can be collected, the American coins have a great deal of diversity.
American coins were first produced in the eighteenth century when the first mint was established in an old brewery. Since then, collectors have been seeking out vintage coins of all denominations.
The most sought after and most expensive of all American coins is the American eagle gold Saint Gaudens $20 gold piece created in 1934. This is because of the rarity of the coin.
Pennies - the first penny was created in 1793. All pennies of this era were created out of copper.
Dimes - the first dime was created in 1796 and featured the liberty head on the front and an eagle on the back. There have been 6 different styles of dimes.
Nickels - the first nickel was created in 1866. The nickel has a very diverse history, having had many different makeovers, each according to the politics of the times.
These are just some of the American coins that can be collected. The value of these coins depends on the age and condition of the coin.
Coins that exhibit mistakes such as double stamping are just as valuable as vintage coins. It is important that you inspect all of your coins to insure that they are indeed worth collecting.
Coin dealers are specially trained to evaluate and price each coin that they examine. They are experts in their field and are usually accurate in their estimation.
If you are looking for a specific American coin, you can consult your local coin dealer. They usually have knowledge of who possesses the type of coin you are seeking and what the cost will be.
Another method of finding vintage American coins is to do an online search. This method will yield millions of results at a click of a mouse. It is, however, very important that you exercise caution when using the Internet as there are a lot of unscrupulous people who will try to deceive you. The most recommended method is to consult a coin dealer to assist you.
Coin collecting can be a very exciting and rewarding hobby. Millions of people have become obsessed with collecting vintage coins, not only for their value, but also because of the history that is behind each one.
Both M. D. Robinson & Alex Olson are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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