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That a foreign coin was the principal coin of the American colonies. The Spanish milled dollar, known as the "pillar dollar" and "piece of eight" was legal in the U.S. until 1857.
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Pretty good but not quite true.Spanish milled dollars were legal tender from 1793 - 1801, 1806 - 1809, and 1843 to 1857. Spanish COLONIAL milled dollars were legal tender from 1834 to 1843 from Mexico, Peru, Chile, and Central America, and from Mexico only from 1843 to 1857. NO Spanish dollar, home or colonial, were legal tender from 1810 to 1834.
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That the Saint-Gauden's double eagle is the only modern coin of the United States to have a lettered edge prior to the presidential dollars in 2007.
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True if you restrict it to circulation coins. The 1984 Olympic dollar also had a lettered edge.
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That the building housing the first United States Mint was built on Seventh Street in Philadelphia. The cornerstone was laid on July 31, 1792. The power for the mint was provided by two oxen, and it was guarded by a dog called Nero. The United States has continuously operated a mint in Philadelphia since that time.
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And was the first building built for the US Government
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That the Philadelphia Mint mark (P) appears on all of the coins minted there except the Lincoln cent.
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Since 1980.
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That there are three dies used to strike a coin. The upper die, the lower or anvil die, and the collar.
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Unless they were struck using an"open collar" with a lettered edge in which case there are four dies, obv, rev, and two edge dies, or the Saint-Gaudens eagle, and double eagle which used five, obv, rev, and a three collar dies.
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The War Revenue Act of 1898 was used to authorize the minting of 109 million silver dollars to pay for the Spanish American War.
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Silver dollars or Mexican Pesos?
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And another thing people ALWAYS talk about here is if it is legal to deface coins. Yes it is LEGAL. You just cant use it for currency AFTER you deface it. According to U.S. code Title 18, Chapter 17, Section 331:
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Read it again, as long as you are not trying to fraudulently pass the coin it is perfectly legal. One exception is if you have placed advertising on it (different section of the law). So counterstamping your business name or placing a sticker with your company name etc on the coin and then spending it is NOT legal,
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Originally Posted by mrbrklyn View Post
The had edge lettering? I didn't know that.
Ruben
Not all of them. The ones with edge lettering demand much higher prices.
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No, ALL of the Saint-Gaudens double eagles have edge lettering. There may be a pattern or two that don't, I don't remember.
