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Money Collecting

Money Collecting. By Michael McNeil. Introduction. I hope you may appreciate the study of coins, paper money, tokens and medals. Things to be learned today: The different U.S. coins Paper money Local clubs

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Money Collecting

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  1. Money Collecting By Michael McNeil

  2. Introduction • I hope you may appreciate the study of coins, paper money, tokens and medals. • Things to be learned today: • The different U.S. coins • Paper money • Local clubs • Anyone can get started. All you need is an interest in coins and a box to put them in.

  3. Agenda • Coins • Paper Money • Local Coin Clubs

  4. Overview • Money is every where. • Today I will talk mainly about US currency.

  5. Vocabulary • What is a money? • The most common medium of exchange; functions as legal tender. • What is a coin? - A metal piece (usually a disc) used as money. • What is paper money? • Paper notes with standardized characteristics issued as money.

  6. U.S. Coins - Pre-Federal issue • Colonial Issues • This coinage, the first struck for the English colonies in America, was issued about 1616. Coins similar to this were struck until about 1780 for Dutch Markets. • Post-Colonial Issues dates between 1783-1796.

  7. U.S. Coins - Federal Issues • Continental Currency (1776-1792) • Half Cents (1793-1857) • Large Cents (1793-1857) • Small Cents (1857) • Flying eagle (1856-1858) • Indian Head (1859-1909) • Lincoln, wheat ears reverse (1909-1958) • Lincoln, Memorial reverse (1959 to current)

  8. U.S. Coins • Two-Cent Piece (1864-1873) • Three-Cent Piece • Silver Three-Cent Piece (1851-1873) • Nickel Three-Cent Piece (1865-1889)

  9. U.S. Coins Nickel Five-Cent Piece Shield (1866-1883) Liberty Head (1883-1912) Indian Head or Buffalo (1913-1938) Jefferson (1938 to current) Wartime Silver Alloy (1942-1945) Prewar Composition (1946-1967) Peace Medal (2004) Keelboat (2004) American Bison (2005) Ocean In View (2005) Westward Journey (2006)

  10. U.S. Coins Half Dime (1794-1873) Dime Draped Bust (1796-1807) Capped Bust (1809-1837) Liberty Seated (1837-1891) Barber or Liberty Head (1892-1916) Winged Liberty Head or “Mercury” (1916-1945) Roosevelt (1946 to current) Twenty-Cent Piece (1875-1878)

  11. U.S. Coins • Quarter alias “two bits” • Draped Bust (1796-1807) • Heraldic Eagle Reverse (1804-1807) • Capped Bust (1815-1838) • Liberty Seated (1838-1891) • Barber or Liberty Head (1892-1916) • Standing Liberty (1916-1930) • Washington (1932 to current) • Silver (1932-1964) • Clad (1965-1998) • State Quarter (1999-2008)

  12. U.S. Coins • Half Dollar • Flowing Hair (1794-1795) • Draped Bust (1796-1797) • Heraldic Eagle Reverse (1801-1807) • Capped Head Bust Lettered Edge (1807-1839) • Liberty Seated (1839-1891) • Barber or Liberty Head (1892-1915) • Liberty Walking (1916-1947) • Franklin (1948-1963) • Kennedy (1964 to current)

  13. U.S. Coins • Dollar • Flowing Hair (1794-1795) • Silver Draped Bust (1795-1804) • Gobrecht Dollars (1836-1839) • Liberty Seated (1840-1873) • Trade Dollars (1873-1885) • Morgan (1878-1921) • Peace (1921-1935) • Eisenhower (1971-1978) • Susan B. Anthony (1979-1999) • Sacagawea (2000-2006) • George Washington (2007)

  14. U.S. Currency • Large size • Small size • Fractional

  15. Portraits • $1 - George Washington • $2 – Thomas Jefferson • $5 – Abraham Lincoln • $10 – Alexander Hamilton • $20 – Andrew Jackson • $50 – Ulysses S. Grant • $100 – Benjamin Franklin • $500 –William McKinley • $1,000 Grover Cleveland • $5,000 James Madison • $10,000 Salmon P. Chase • $100,000 Woodrow Wilson

  16. Currency – What to look for? • Star or Replacement notes • Block Letter A-A, A-B,A-C, and so on. • Collection by the numbers • Solid numbers 22222222 • Low numbers 00000001 being the ultimate • Radar number 12344321 • Ladder number 12345678 • Poker hands 33445566

  17. Local Clubs • Anderson - Madison County Coin Clubhttp://madisonccc.tripod.com/index.htm • Muncie Coin and Stamp Club • Marion Coin Club • Greencastle Coin Club • Jasper Coin Club • Bloomington Coin Club

  18. Summary • Many different U.S. coins. • Next time you get change take a moment and search for a treasure. • I invite you to come to a coin club or find a coin club near you.

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