![]() ![]() Since this coin has sharp detail and is almost in pristine condition, some numismatic experts believe this is the first silver dollar ever struck in the United States. The United States Mint used to strike silver dollars was originally engineered to only strike coins no larger than half dollar. Of the original 1,758 silver dollar struck in 1794, this is the only one known to exist that has a silver plug struck into it. Therefore, it is obvious since two different shades of silver exist on the surface of the coin. The silver plug struck into this coin was created from a different batch of silver than the blank that was used to create it. Since the composition of this coin was 90% silver and 10% copper, the alloy was created by hand and some impurities were left in the metal, it created different qualities of silver. If the blank was underweight, a small silver plug was placed on top of the coin blank before it was struck to bring it up to a standard weight. If the coin was not struck hard enough, these adjustment marks would be left on the surface of the finished coin. If it was overweight, some metal was scraped off with a file. Mint workers weighed each coin blank before it was struck to ensure that had the proper amount of silver in it. The blanks were hand-fed into the presses and a skilled pressman could center the blank every time. The coining presses were crudely made and were powered by strong men. The machines were crude, and laborers performed a majority of the tasks by hand. The inexperienced artist and workers at the United States Mint were struggling to make coins to power the economy of a new country. ![]() In 1933, the coin was no rarity, and there were around 400,000 pieces minted. The Saint-Gaudens Gold Double Eagle is arguably the most expensive coin in the world. Legislation only allowed for buffalo nickels to be struck in 1913, but it’s believed that a few rogue Mint employees struck a few illicit specimens. Sold: January 2013 Stack's/Bowers, The Americana Auction, New York, NY Gaudens Gold Double Eagle worth 18.9 million. One of the most well-known numismatic rarities, only five Liberty nickels were struck in 1913, all of which were unauthorized. This level of rarity lends itself to a very high price. There are between three and five Proof 1803 silver dollars that are known to exist. Researchers believe that the obverse die was made around 1834 and the reverse die was made in the early 1830s. The mint employees struck these coins especially for coin collectors in clandestine business deals. The word novodels originates from Russian numismatics and describes a coin as a "restrike." Although this coin is dated 1803, researchers believe that United States Mint workers in the 1870s used retired dies to restrike coins from the past. Proof silver dollars made between 18 are known to coin collectors as novodels. Regardless, four Proof specimens exist while records from the United States Mint state that none were produced. However, none of these silver dollars received special handling, on specially prepared planchets, using a high-quality coin dies to produce Proof coins for collectors. A nice-looking collector coin can be obtained for under $3,000. Over 85,000 silver dollars were minted in 1803. If you’re curious, you can read our Privacy Notice.Sold: January 2013 Heritage Auctions, FUN Signature Auction, Orlando, FL If you don’t like our community, you can check out any time you like. ![]() We also treat our community members to special offers, promotions, and adverts from us and our partners. Click this link to receive breaking news and the latest headlines direct to your phone. Join the Irish Mirror’s breaking news service on WhatsApp. It is unlikely that you have this coin rolling around at the bottom of an unused winter coat, however, due to its rarity and the special circumstances under which it was sold. Though the price was deemed steep at the time, any canny collector who bought one at the time can now sell the coin for almost €4,000. It is the smallest circulation of any commemorative €2 coin produced between 20, and each coin was sold for €120 at the time. Only 20,001 coins were produced in total, 20,000 for distribution and one that was gifted to Kelly’s son, Prince Albert II of Monaco. Close up of man holding pink piggybank while woman putting coin in it ![]()
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