Similar ideas popular now
Did You Know... In 2003, a business strike Lincoln Cent minted in Philadelphia, received a perfect grade of MS-70 from PCGS, that was considered so rare and unlikely out of the 3.3 billion minted… that collectors bid the coin up to $15,000 when it went up for auction in 2008. How could a modern penny be worth so much? Because in the current online marketplace for coins, there are a lot of deep-pocketed collectors competing to have the highest rated registry set.
1862 Indian Head Cent The lowest denomination in use during the Civil War, the cent, saw an increase in its mintage in 1862. The total output of coins for circulation at the Philadelphia Mint, the only facility that struck minor coins at the time almost tripled to 28,075,000 coins. Most of these, especially those struck after August, where hoarded and would not enter circulation until after the Civil War, when federal coins came into circulation again.
Did You Know... There is a common coin language in numismatics. • Obverse: front (heads). • Reverse: back (tails). • Portrait: usually a President or LIBERTY. • Legend: principal inscription. • Device: shield or heraldic emblem. • Motto: special inscription. • Date: year minted. • Mint Mark: letter identifying the Mint. • Denomination: value of money. • Designer's Initials: initials of Designer. • Relief: raised design. • Field: flat unused portion. • Edge: outer border. • Rim: raised edge.