What is the significance of the cameo designs in the loops of the zeros on the Canadian 1974 Winnipeg dollar?
The commemorative was struck for the 100th anniversary of the city. The center of the first zero in “100” shows a view of the corner of Portage Avenue and Main as it appeared in 1874. The second zero center shows the same location as it appeared in 1974.
Was there really a serious effort to switch to aluminum coinage back in the post-Civil War period?
There was, for a significant reason. At that time aluminum was still a relatively scarce metal, and in 1867 when a series of aluminum patterns were struck for the 5-cent coin, aluminum and silver were equal in value. The Mint was having difficulties with the nickel alloy coins, which caused serious die problems because of the hardness of the metal.
What does a “repurchase” guarantee mean?
It is an offer to repurchase a specific coin at a specific price in a specified period of time. The purpose is to protect the customer’s investment by assuring him a means of disposing of the piece. Terms are flexible, often confusing and should be spelled out in writing in order for them to be legally binding.
Was the Mercury dime the first U.S. coin to use the fasces as part of its design?
The fasces – an axe wrapped in a bundle of rods – was a first for a circulating coin, but it was used on a pattern in 1859 for a proposed half dollar design.
Is it true that unstruck planchets for the 1964-D Peace dollars reached collector channels?
The fact that the silver dollar planchets that once were extremely rare suddenly began turning up in small numbers after 1965 is cited as one piece of evidence pointing to the existence of the struck coins outside the Mint as well. The Mint claims that all struck coins and planchets were melted down, and the coin was never officially released.
When did the U.S. Mint begin selling its medals publicly?
The first official sale to the public began in the fall of 1861, but it had been common practice prior to that to sell medals privately to collectors. Private striking of medals continued until after World War II, although a law passed in 1873 prohibited Mint engravers from producing private medal dies.