Posts tagged 'dime'

Nowadays, coin collectors get their start with coins like American Silver Eagles, acquired directly from the US Mint in near-perfect grades. The roots of this noble hobby started when we were kids looking through pocket change on an exhilarating treasure hunt where you didn't know what you'd find. These were coins that had been circulated and were harder to find in Mint State condition. To restore that grand tradition, we put together this list of a few of those coins that anyone can collect just by looking through their change!

The 1796 Draped Bust Dime is the first issue of the Dime to ever be released by the United States Mint in American history. The Draped Bust design appeared on the Dime from 1796 to 1807, with the exception of 1799 and 1806 when no dimes were minted. The Draped Bust design is the second design to appear on U.S. coinage behind the Flowing Hair design, which was generally disliked by the public. It is not only the Dime that exhibited the Draped Bust design. In fact, all standard circulating coinage showcased the design. This includes the Dollar, Half Dollar, Quarter, Half Dime, and Cent as well.

Today, Rare Collectibles TV celebrates the birthday of Robert Scot, the first Chief Engraver of the United States Mint. For over thirty years, Scot’s work defined American coinage, laying the foundation for future coin engravers to follow.

Throughout the history of the U.S. Mint, the issue of managing the money supply and preventing hoarding has been a consistent challenge. During the Great Depression for instance, the hoarding of gold coins forced the government to enact Executive Order 6102, to prevent said hoarding from damaging the economy further. In the mid-1960s, the U.S. government faced a similar issue, this time with silver.