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<p>[QUOTE="K2Coins, post: 2378627, member: 30168"]Looks like it’s worth pushing the papers off for a little bit to do this awesome contest and hopefully inspire someone to make this set that I put together LOL. I, of course, had to do my favorite denomination as my three-coin type set, the American Silver Dollar. I specifically chose to highlight on those of the 1800’s (excluding the draped bust) in order to put a set together that has GREAT eye appeal as well as having a modest price range that I personally believe that everyone should have in their collection. This type set would be perfect for a YN to put together. This whole set could be put together for under $200 if you know where to buy from and what to look for (not the exact dates on these specific coins in the pictures). I am unfortunately unable to take pictures of my coins to use as the pictures for this set because I am away at college and my set is back home. But the ones I chose represent great, circulated examples for everyone to look for if interested in making this set!</p><p><br /></p><p>I’m going to explain a bit about these coins and the cool history behind them WITHOUT copy and pasting sentences from online, but rather referring to most of what I already know about them.</p><p><br /></p><p><br /></p><p><b><font size="6">LIBERTY SEATED DOLLAR (1836-1873)</font></b></p><p><br /></p><p>[ATTACH=full]487358[/ATTACH]</p><p><br /></p><p><br /></p><p>Created by Christian Gobrecht, this denomination has a unique story behind it because it was the last silver dollar coin to be struck before the Coinage Act of 1873. This act ended the production of the silver dollar due to the rising silver prices. The act also reduced the weight of silver coins that were five cents or higher EXCEPT the dollar (which is what led to the end of its production). Because of the increase in trade overseas, the US changed to the Trade Dollar to make oversea exchanges more convenient, which is the next coin in this three-coin type set.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><b><font size="6">TRADE DOLLAR (1873-1878 circulation strikes)</font></b></p><p><br /></p><p><br /></p><p>[ATTACH=full]487359[/ATTACH]</p><p><br /></p><p><br /></p><p>Created by William Barber, this coin was used in over sea trading and most of those produced were sent to China. A lot of these coins ended up being traded for UNDER the “trade dollar” value that they were worth. There was a debate before production of making these denominations valued up to $5 however, the $1 design was selected overall. This coin had a short lived life and production of the business strike ended in 1878 and was followed by my personal favorite, the Morgan Dollar.</p><p><br /></p><p><br /></p><p><b><font size="6">MORGAN DOLLAR (1878-1921)</font></b></p><p><br /></p><p>[ATTACH=full]487360[/ATTACH]</p><p><br /></p><p>Created by George Morgan, this coin became what it was thanks to the Bland-Allison Act which stated that the Treasury had to buy between two and four million dollars worth of silver at its market value which was to be turned into coinage, specifically, the Morgan Dollars. In 1890, a new Act arose, the Sherman Silver Purchase Act which stated that the Treasury needed to purchase 4,500,000 troy ounces each month. This lasted for three years until appealed and then in 1898, signed a bill that required ALL of the remaining silver from the Sherman Act to be converted into silver dollars. This was done until they ran out of silver in 1904. After they ran out, production was stopped until 1918 in which they decided to melt MILLIONS of silver dollars in order to produce more in 1921.</p><p><br /></p><p><b>~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~</b></p><p><br /></p><p>If any of this information is wrong, please correct me..! Most of it is from memory with little research. As I said before, this set has an amazing amount of history behind it and is a set the I believe every collector and YN should attempt to acquire!</p><p><br /></p><p><br /></p><p>Good luck to all who participated!</p><p><br /></p><p><br /></p><p>All photographs courtesy of: coinauctionshelp.com</p><p><br /></p><p>-Kyle[/QUOTE]</p><p><br /></p>
[QUOTE="K2Coins, post: 2378627, member: 30168"]Looks like it’s worth pushing the papers off for a little bit to do this awesome contest and hopefully inspire someone to make this set that I put together LOL. I, of course, had to do my favorite denomination as my three-coin type set, the American Silver Dollar. I specifically chose to highlight on those of the 1800’s (excluding the draped bust) in order to put a set together that has GREAT eye appeal as well as having a modest price range that I personally believe that everyone should have in their collection. This type set would be perfect for a YN to put together. This whole set could be put together for under $200 if you know where to buy from and what to look for (not the exact dates on these specific coins in the pictures). I am unfortunately unable to take pictures of my coins to use as the pictures for this set because I am away at college and my set is back home. But the ones I chose represent great, circulated examples for everyone to look for if interested in making this set! I’m going to explain a bit about these coins and the cool history behind them WITHOUT copy and pasting sentences from online, but rather referring to most of what I already know about them. [B][SIZE=6]LIBERTY SEATED DOLLAR (1836-1873)[/SIZE][/B] [ATTACH=full]487358[/ATTACH] Created by Christian Gobrecht, this denomination has a unique story behind it because it was the last silver dollar coin to be struck before the Coinage Act of 1873. This act ended the production of the silver dollar due to the rising silver prices. The act also reduced the weight of silver coins that were five cents or higher EXCEPT the dollar (which is what led to the end of its production). Because of the increase in trade overseas, the US changed to the Trade Dollar to make oversea exchanges more convenient, which is the next coin in this three-coin type set. [B][SIZE=6]TRADE DOLLAR (1873-1878 circulation strikes)[/SIZE][/B] [ATTACH=full]487359[/ATTACH] Created by William Barber, this coin was used in over sea trading and most of those produced were sent to China. A lot of these coins ended up being traded for UNDER the “trade dollar” value that they were worth. There was a debate before production of making these denominations valued up to $5 however, the $1 design was selected overall. This coin had a short lived life and production of the business strike ended in 1878 and was followed by my personal favorite, the Morgan Dollar. [B][SIZE=6]MORGAN DOLLAR (1878-1921)[/SIZE][/B] [ATTACH=full]487360[/ATTACH] Created by George Morgan, this coin became what it was thanks to the Bland-Allison Act which stated that the Treasury had to buy between two and four million dollars worth of silver at its market value which was to be turned into coinage, specifically, the Morgan Dollars. In 1890, a new Act arose, the Sherman Silver Purchase Act which stated that the Treasury needed to purchase 4,500,000 troy ounces each month. This lasted for three years until appealed and then in 1898, signed a bill that required ALL of the remaining silver from the Sherman Act to be converted into silver dollars. This was done until they ran out of silver in 1904. After they ran out, production was stopped until 1918 in which they decided to melt MILLIONS of silver dollars in order to produce more in 1921. [B]~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~[/B] If any of this information is wrong, please correct me..! Most of it is from memory with little research. As I said before, this set has an amazing amount of history behind it and is a set the I believe every collector and YN should attempt to acquire! Good luck to all who participated! All photographs courtesy of: coinauctionshelp.com -Kyle[/QUOTE]
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