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Anthony proposed for $2 note, gold coin

Didn’t the Susan B. Anthony dollar start out as a gold coin?

Susie turned up in the halls of Congress in many guises, including the proposal to place her on the back of the Bicentennial $2 note. Sen. Charles Mathias of Maryland sponsored a bill to put Miss Anthony and Abigail Adams on (separate) gold coins.


Wasn’t the first Mint built in a converted distillery?

Even in the good old days there were urban legends, and this is one of them. There was in fact an abandoned distillery on the grounds, but it was not used for the Mint. It was torn down to make room for a new building.

What is a loaded coin?

It’s an obsolete term for a coin struck on a debased alloy. In other words, a coin loaded with cheap alloy rather than bullion.

What can you tell me about a token from Missouri Dale, Iowa?

The token pales in comparison to the history of the town where it originated. The hamlet started out as Martindale. Then it was renamed Missouri Dale. When the town fathers got around to asking the government for a post office, the government, with typical efficiency, used the abbreviation “MO Dale.” Outflanked, the town finally officially became Modale.

Has the U.S. Mint always made its own planchets until recently?

No. The Mint began buying planchets immediately after it opened and by 1802 was getting all of its planchets from outside sources. The Mint apparently stopped buying planchets in the 1857-1864 period but resumed buying them in 1864. They have switched back and forth ever since, but the emphasis now is on outside sources, as all of the copper-plated zinc planchets for cents come from private manufacturers. Not making its own blanks has its downside as buyers of American Eagle bullion coins have found out.

Is it true that there was only one 1849 double eagle minted?

Read that as “one known.” Various sources say that “eight or nine” were minted in gold and two or more in silver. A brass restrike was offered in the 1882 Woodside sale. All but two of the gold strikes were destroyed. The one known survivor is in the Smithsonian. The  other disappeared to Treasury Secretary William M. Meridith. All of them are considered to be patterns.

More Resources:

• Subscribe to our Coin Price Guide, buy Coin BooksCoin Folders and join the NumisMaster VIP Program

2010 U.S. Coin Digest, The Complete Guide to Current Market Values, 8th ed.

State Quarters Deluxe Folder By Warmans

Standard Guide to Small-Size U.S. Paper Money, 1928 to Date

Strike It Rich with Pocket Change, 2nd Edition

 

 

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