Does anyone know what this is? What coin? Why is it shaped like that? I saw this coin on another website and was interested in it. So I wanted to know what it was. http://i159.photobucket.com/albums/t148/TAYLOR13_014/coin1.jpg http://i159.photobucket.com/albums/t148/TAYLOR13_014/coin2.jpg Please tell me everything you know about this! Thanks
It's a very, very badly damaged 1916 Mercury dime. Somebody punched their idea of a great new design. One can only hope that it wasn't a Denver Mint product, which would be worth something north of $1,000 for an undamaged coin with that amount of wear; instead of the <$10 for Philadelphia or San Francisco versions. In its present condition it's worth ~85¢ - the melt value of its silver content. So sad!
Actually, a very nice example of the 'punch thru' that was popular in the early part of the century. I don't remember when these were first made, but I one had a Barber quarter like it. Occasionally they sell for big $'s but are really only worth a few bucks. Still, a nice piece.
coin collection My hobby is to collect coins.I have coins of almost every country.EDITED--No offers to buy/sell/trade please
speaking of coins and guns one dime i recently spent was shot with a b-b gun 4 times so it looked like he was getting really bad boils((rosevelt)
From Stephen Alpert and Lawrence Elman's "Tokens and Medals, a Guide to the identification and Values of United States Exonumia". These are known as pushed-out, popped-out, embossed, or repousse coins, and yes, there are collectors of these altered coins. These coins have a head (or other object) pushed outward by mechanical means, to create a high relief head protruding out from the coin. The reverse of the coin is correspondingly deeply concave. The first such pieces were made in the late 19th-early 20th century by a jeweler in San Francisco, who pushed out Liberty heads on Morgan dollars, and Barber halves, quarters and dimes. On the reverse he added a bar with his patent date. Some similar Liberty head push-outs were made in France about the same time, using Barber halves and quarters. In addition to Liberty heads, old pushed out coins have Indian heads, heads of Presidents (Lincoln, Garfield, McKinley, T. Roosevelt), and other heads (child, elk, moose). These old pieces are listed first, in the table below. If a once-present patent bar or pin on the back is missing, the piece is worth about 25% less. Watch fob or jewelry pieces with several attached pushed out coins are worth a premium if complete. Pushed out coins are also known on gold coins, but the value varies with the bullion value of the gold. Note: the following price table from the book is from 1992, so they are rather out of date. Unfortunately, that is the most current pricing that I have available. Personally, I have followed some of these items on ebay, and in general, I would say that the hammer prices on ebay run considerably higher than what is shown in the table. The (older) ones that I have seen typically go for $30 and up, with some Morgans (which seem to be the most common coin) going for around $200. I doubt that I could enter the info in an acceptable table format, so I will just note that each denomination will be followed by 3 values, which is determined by the type of pushed-out design on the coin. First will be Indian heads and Liberty heads, followed by Presidents, and then by Child's head, elk head, moose head, flowers, etc. 1. Pre-1930 pushed-out coins cent - $4-$5, $6-$8, $8-$10 nickel - $5-$6, $10-$15, $12-$15 dime - $5-$6, $10-$15, $12-$15 quarter - $8-$10, $16-$20, $20-$25 half dollar - $10-$15, $20-$30, $30-$50 silver dollar - $30-$50, $40-$60, $60-$100 2. 1930 and later pushed-out coins Cents of 1930s with George Washington, Lincoln, or Indian head: $2-$3 World War II "V" and helmet cents-pin: $2 complete Masonic symbol on small dome on Lincoln cents: 10-25 cents Libery heads and Indian heads (poorer quality than on the earlier ones): 25-50 cents on cent, nickel, or clad coins, or worth bullion value on silver coins. Modern designs (JFK, Becenntenial, Reagan, Liberty Bell, etc.): worth face value plus a small premium (bullion value only for silver coins). Cast copies of pushed-out coins: 25 cents
Here's another example of a punch thru coin. I just sold it not too long ago on a WINS auction. I thought it was kind of creepy myself.
Future of coins. Coins are made up of hard metal and thet are usually round shaped.They are usually ussd for loe value money transaction.Coins withstand physical pressures and will be use for more years than notes.But manufacturing cost for coins are high than that of its value.And also due to technology development Notes of high quality are manufactured and they last for years.So though coins are important in money transfer mode they are slowly replaced.Do you agree ???.
Make sense to me, but it's always been that way. I forget what the average lifespan is for a banknote (paper money) but coins last many years longer. Else why would you find a 1944 lincoln cent, and no 1944 dollar bills in circulation.