Port Tobacco times, and Charles County advertiser., 1889-11-15
MONEY IN OLD COINS,
Product of the Mint Which is Current ut
Considerable More Than Face Value.

sold at depends largely on who it is to
he sold to. There are several firms in
, the United States that buy rare coins
and most of them will send on applica-
tion catalogue giving the prices they
will pay
The value of the coins does not de-
pend on the age of the piece. but upon
its rarity. Thus a silver dollar of 1898
can he had for a small premium. while
one of 1851 will sell readily for $50.
A cent of the coinage of 1894 can be
secured for 10 cents and penny dated
1856 and having the flying eagle is
worth 81.
In 1894 the first silver dollars were
turned out b, the United States mint.
There were about $1,000 coined and
Yet collectors will pay SIS for good
specimen of that date. In 1898 but
1,776 dollars were coined and vet they
are not very rare. la 1879. there were
no silver coins issued but dollars and
enough OF them were issued that they
command only the regular commercial
premium.
The dollars bearing the dates Of the
first three years of the present century
do not command = premium. but the
issue of 1904 is very rare and good
specimens have been sold for $SOO.
There were ~. $40 issued 80 il is difficult
to see just why they should he so scare.
No more dollars were coined till 1886,
when LOCO were struck off. Ii will cost
You about $40 To add this coin TO your
collection. There were only eighteen
dollars coined in 1888 and of course
they command big premium. The
next year 800 silver dollars were
stamped and each one of them. il in
good condition. Is now worth $40 to SIS
easily. The dollars of 40. "A. and '46
are scarce enough to command fair
advance. In AZ the government
seemed TO get excited and l40.7 $50 OF
the coins wsrs sent out. while the next
year but Is. 600 were issued. OF course
the last are rare. - also are those oi
so. In 81 and 81 the issue was only
little over l.oo0 and dollars Of these
dates are quoted At $50.
Over Is. 00o. 600 Of silver dollars were
coined in IS and Sd few were coined
the next year that they will sell for five
times their face value. and those of SO
are still higher.
The firsf half lf-slollar was issued In
l19i sndtgood specimens are quoted al
-. There are plenty of them in cir
eulation. bu, most Of them are so bad
Is worn tha, their value io collectors Is
list. In 1926 but 1918 were coined
sa,l they are worth $2o. In 1904 1885,
:.ie halves were coined. so il Is difficult
4. see why h-y should be so scarce
that collectors gladly pay $40 for them.
There were only one-tifth that number
colned in lsul or 'u2 and yet those
dates are quoted At 81. The halves of
lSll and II are above par as we'll ~
those Of 1915. The record Of the mint
does not show that any were coined
that Year and Yet good specimens can
be- had for $40. The half-dollar Of SO
that has a millcd edge and those of'4l-
u $3.50 and 81 At. scarce enough that
collectors have Ia pay n small premium
for good specimens The half-dollar
Of 81 is the highest priced OF all and Is
quoted a, t2oo.
The quarter of 1895 l. very rare and
that of the next year has disappeared
altogether. although the mint reported
that 252 were coined. The quarter Of
1904 commands u small premium. and
there is no scarcity Of ant other dates
till ISIS. That YEAR there were Il suO
coined and the few that are now in
circulation Sr- each valued at t2o The
mint reported no quarters coined in
-. and Vet there are few of that
date in circulation. The quarter bear
ing the date 1927 will sell for $50 To
90. Their. is small premium for
good quarters Of most Of the wears up
ill So. which i quoted at s. without
a
he 2u-ceut piece. n - and 'sS Are
worth e. il in good condition
The dimes Of 1896 up TO and includ.
ing 1907 are worth about ten times
their face value. There are no other
dimes that command much Of
premium.
The half dimes Of 1894 are very rare
and few collectors have one. In 1892
there were 5000 coined and Vet they
are rare s.d sell for 400 times their
face value. The same coin from 1895
To 1905 inclusive is held by collectors
at*l
The small silver three cent pieces for
1868 and the six years following are
worth from 25 to IS cents
some Of the copper coins command
fancy prices, but not on account of
age. The first copper cents were issued
in 1898 and in 1894 over l20O0. OD
We're coined. There were ~ many As
twenty-six different varieties issued
that year. which shows that the govern
ment regarded the penny As AN impor-
tant coin as the preparation Of each
die cost neat sum Of money. These
coins can be secured for about ) cents
apiu.a 'Ghns, .nipat in 1-Qx MARA
soft that they wore out and hrst-class
specimens are worth t2. In 1893 al
most !, 900, ,OOO were coined. but ship
ment of several hundred thousand Of
them to Africa made them 50 scarce
that they are quoted at IS. No other
pennies are scarce except the nickel
one with the dying eagle on that was
coined in 1885 These are worth from
80 cents ~ 81. The 2-eent piece Of
1873 is quoted 1t All advance of 500
per cent and collector thinks himself
fortunate in getting one for 50 csRts-
The half-cent is as important TO the
nunismatistas its more valuable
bre,hren. Those hearing the dates Of
1793-4-5 are quoted at 80 cents and
those Of 80 1t IS, which is al advance
Of ! 900 per cent, and still there were
plenty coined that year. None of them
coined in this century ars much above
par till st which is worth about g.
There were 39S.UOO coined that year.
80 it is wonder what became Of all Of
them In 40 there were but 100 coined
and they can be had for half what the
aforementioned can. In l841-2-3-4-5-6-
7-s there were only few specimen
pieces coined and Of course they Are ut
. handsome premium. Meme of the
other half-cents are rare except the
coinage of so, which is quoted at Is.
The half-cent of 50 is quite plenty and
sells for / cent
The first so gold piece or double
eagle WAS coined in l349, and if YOU
have one in your pocket this morning
it can be sold for $50. This is the only