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Raw - Obsolete Coins

Type coin refers to a way of collecting, meaning one example of each type of coin not on a particular coin. So the term obsolete, meaning no longer in use today, fits this category better.

When United States coins were first produced in 1793, our standard coin was the silver dollar. The United States Mint produced the rest of our coins three cent and above in a proportionate metallic content to the dollar, with the sizes regulated accordingly.

The half dime or five cent denomination had one twentieth the amount of silver contained in the dollar. Our ten cent coin contained one tenth the amount, the quarter dollar coin contained one forth the amount, and the half dollar coin contained one half the amount of silver contained in the dollar.

Coins like the half cent, two cent and three cent piece may seem strange today but the denominations were logical and of benefit to everyday commerce at a time when United States and Spanish coins circulated concurrently.

The Spanish dollar also known as the piece of eight reales which was legal tender in the United States until 1857, was divided into eight reales, also called "bits", each real is equivalent to (twelve and a half cents) people became accustomed to goods priced in terms of the Spanish real or bit and its fractions and multiples. The expression two bits refers to a quarter.

Some coins like the half cent, about the size of a present day nickel and the large cent, nearly the size of a half dollar, made of solid copper, became obsolete because of inflation.

The two cent piece, struck in 1864 in copper, is about the size of a present day nickel. The three cent piece, was coined first in silver and later in nickel from 1851 through 1889, it was issued as a convenient way of purchasing postage stamps. Half dimes made in silver were issued from 1794 to 1873. They were eventually replaced by the nickel five cent piece first minted in 1866.

 

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Large Cents

Type: Coronet, Issued: 1816-1857
Designer: Robert Scot
Approximate. Diameter: 28-29 mm, Edge: Plain
Mints: Philadelphia
Composition: Copper
Total weight 10.89 grams

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Three Cent Pieces

Type: Nickel, Issued: 1865-1889
Designer: James B. Longacre
Diameter: 17.9 mm, Edge: Plain
Mints: Philadelphia
Composition: .750 Copper, .250 Nickel
Total weight 1.94 grams

1865 Three Cent Piece, Grades Fine, Even gray color problem free coin.
$8.00   Item Number OTN1865


Half Dimes

Type: Liberty Seated, Issued: 1837-1873
Designer: Christian Gobrecht
Diameter: 15.5 mm, Edge: Reeded
Mints: Philadelphia, New Orleans, San Francisco

Variety 2 - Stars on Obverse: Issued 1838-1853
Composition: .900 Silver, .100 Copper
Total weight 1.34 grams

1858 Seated Half Dime, Grades Very Good, at least three letters in LIBERTY visible. Even dark gray color, problem free coin.
Sold   Item Number OVS1858


Dimes

Type: Liberty Seated, Issued: 1837-1891
Designer: Christian Gobrecht
Diameter: 17.9 mm, Edge: Reeded
Mints: Philadelphia, New Orleans, San Francisco, Carson City.

Variety 4 - Legend on Obverse: Issued 1860-1873 and 1875-1891
Composition: .900 Silver, .100 Copper
Total weight 2.49 grams

1891 Seated Dime, Grades Good-Very Good, Shiny silver color, must have been cleaned in the past, has three letters in LIBERTY visible but it doesn't have full rims, a few small scratches, still a nice looking coin, last year for the Seated Dime.
$6.00   Item Number ODS1891


Quarters

Type: Liberty Seated, Issued: 1838-1991
Designer: Christian Gobrecht
Diameter: 24.3 mm, Edge: Reeded
Mints: Philadelphia, Denver, New Orleans, San Francisco, Carson City.

Variety 2 - Arrows at Date, Rays Around Eagle: Issued only in 1853
Composition: .900 silver, .100 copper.
Total weight 6.22 grams.

1853 Liberty Seated Quarter, Grades Fine, Light gray color, LIBERTY complete but partly weak, very nice problem free coin.
Sold   Item Number OQS1853


Listing of Raw Coins

 

 

© Frank's Collectible Coins   
Author: Frank Bettencourt   
File created: November 05, 1998   
Last modified: December 15, 2001   
All Rights Reserved.   

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