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1969 issue of Coinage magazine
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<p>[QUOTE="Collector1966, post: 569399, member: 17919"]While looking through my coin stuff today, I came across an issue of Coinage magazine that I got as a kid back in August 1969. It's pretty fascinating reading. The cover (which is long gone) featured a portable coin melting pot-- the melting of silver coins had just been legalized on May 14 of that year. The articles feature a discussion of the new coin melting law, the proposed Eisenhower dollar-- the first US dollar coin to be issued since 1935-- and the new Mint facilities that had just opened in Philadelphia.</p><p><br /></p><p>There are also lots of coin ads. As you would expect, some of the prices are incredible by today's standards. For example, one advertiser was offering BU Australian-minted gold sovereigns for $21.00 and Mexican 50 pesos gold coins for $77.50 (the same price as a VF $20 gold piece). Those coins were a bit out of my league in those days, so I ended up buying a gold 2 pesos coin from him for $3.95.</p><p><br /></p><p>Another dealer was offering 10 different large cents for $32.50, and 7 different Bust half dollars, VF or better, for $77.95. A circulated roll of Liberty nickels was going for $9.95. Another advertiser was offering BU 1950-D nickels for $11.50. Many advertisers were offering 100 BU silver dollars for $300 or less. </p><p><br /></p><p>There were also ads for metal detectors and coin chemicals, including Nic-A-Lene products that I was discussing in another thread.</p><p><br /></p><p>It is quite fascinating to take a look back and get a glimpse of coin collecting 40 years ago.[/QUOTE]</p><p><br /></p>
[QUOTE="Collector1966, post: 569399, member: 17919"]While looking through my coin stuff today, I came across an issue of Coinage magazine that I got as a kid back in August 1969. It's pretty fascinating reading. The cover (which is long gone) featured a portable coin melting pot-- the melting of silver coins had just been legalized on May 14 of that year. The articles feature a discussion of the new coin melting law, the proposed Eisenhower dollar-- the first US dollar coin to be issued since 1935-- and the new Mint facilities that had just opened in Philadelphia. There are also lots of coin ads. As you would expect, some of the prices are incredible by today's standards. For example, one advertiser was offering BU Australian-minted gold sovereigns for $21.00 and Mexican 50 pesos gold coins for $77.50 (the same price as a VF $20 gold piece). Those coins were a bit out of my league in those days, so I ended up buying a gold 2 pesos coin from him for $3.95. Another dealer was offering 10 different large cents for $32.50, and 7 different Bust half dollars, VF or better, for $77.95. A circulated roll of Liberty nickels was going for $9.95. Another advertiser was offering BU 1950-D nickels for $11.50. Many advertisers were offering 100 BU silver dollars for $300 or less. There were also ads for metal detectors and coin chemicals, including Nic-A-Lene products that I was discussing in another thread. It is quite fascinating to take a look back and get a glimpse of coin collecting 40 years ago.[/QUOTE]
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