On October 10, 1978, President Jimmy Carter authorized production of dollar coins displaying Susan B. Anthony’s portrait. When the coin was struck just months later, Anthony became the first female American citizen to appear on our coinage, adding to her extensive list of achievements.
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.
Introduced to the United States in 1921, the Peace Silver Dollar ushered in a new era of hope at a time when the world so desperately needed it. The Peace Dollar is today remembered as one of the most iconic coins in history, and the issue that stands above all others is the 1922 edition in high relief.
When it comes to American numismatics, there is no shortage of fascinating history behind the creations of the US Mint. There is, however, one particular coin that tells a story like no other coin ever produced: the Trade Dollar.
Today we celebrate the birthday of one of the most legendary coin designers in United States history: Anthony de Francisci. As his 1921 Peace Silver Dollar design was the very last of the Renaissance of American coinage, De Francisci is considered to have left a profound impact on our country’s coins.
Released just before America’s 203rd anniversary of becoming a nation, the Susan B. Anthony Dollar entered circulation on July 2, 1979. While the Eisenhower Dollar had been struck since 1971, its large size made it cumbersome to carry around. A study done by the Treasury Department showed that a smaller dollar coin replacing half of the paper dollars produced could save over $19 million in production costs. With all that in mind, the U.S. Mint went to work.
Within 20 minutes, the brand-new 2021 Morgan Dollars with New Orleans and Carson City privy marks sold out from the U.S. Mint’s website.
On April 23rd, 1918, Congress enacted the Pittman Act, which oversaw the melting of nearly half of every Morgan Dollar ever struck. To this day, this remains one of the largest mass melts of coinage conducted by the U.S. Mint in history. To this number in perspective, if each of the 270,232,722 Morgan Dollars melted during this act were stacked on top of each other, they would form a tower over 400 miles high. Why was such a large portion of the Morgan Dollar series destroyed in this manner? Like other coin melts, the answer lies with the current events of the time.
An historic copper-version of the Flowing Hair Silver Dollar, dated 1794, was sold for $840,000 on Friday, April 23, shocking the previous owner.