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Browsing Tag

morgan dollar

The Big 2-5-0

America’s semiquincentennial is coming up. Or is it a sestercentennial? Or bicentennial-and-a-quarter?

Whatever you want to call it, it’s America’s 250th birthday. Planning commissions are already meeting to figure how to properly commemorate the 250th anniversary of the signing of the Declaration of Independence. If history is any guide, commemorative coins will be part of those plans.

Will it be like 1876, when the U.S. Mint produced an official centennial medal? Or will it be like 1926, when it produced a sesquicentennial commemorative half dollar? Or 1976, when it produced new bicentennial reverse designs for circulating quarters, half-dollars and dollar coins?

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Why Isn’t There a Martin Luther King, Jr. Commemorative Coin?

Dr. Martin Luther King, Jr. has his own holiday (although some states have combined it with holidays recognizing people who were antithetical to his beliefs and teachings).

He has his own postage stamps.

He has schools, monuments, songs and in most cities, he has his own street — although those roadways don’t always have the best rep. (As Chris Rock once said: “Martin Luther King stood for non-violence. Now what’s Martin Luther King? A street. And I don’t care where you live in America. If you’re on Martin Luther King Blvd, there’s some violence going down!”)

One thing he doesn’t have is a U.S. Mint-issued coin. Why is that?

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Barber Coins: Were They Really ‘Beneath Contempt’?

When an 1891 contest to determine new designs for the dime, quarter and half-dollar went bust, it played right into Charles Barber’s hands. The Chief Engraver for the U.S. Mint had wanted to design the coins himself, and when the contest failed to yield any worthy designs, he got his wish.

Unfortunately for Barber, his victory would prove to be Pyrrhic. Be careful what you wish for.

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Silver (Dollar) Anniversary

UPDATE (12/17/2020): The House bill was passed via unanimous consent in the Senate. Assuming the President signs it, looks like we’ll be getting those new Morgan and Peace Dollars after all.

UPDATE (01/05/2020): The President signed the bill into law.

I attended two coin conventions in 2019, and one thing they both had in common was that there was no shortage of Morgan and Peace Silver Dollars available from the many vendors on the bourse. There was such an abundance that Scrooge McDuck could have bought every single silver dollar with whatever pocket change he happened to have (assuming he wears pants – Donald doesn’t, so why should he?), loaded them into a wading pool and gone for a dip.

By this time next year, there could be even more Morgan and Peace dollars hitting the market — provided that Congress can get its act together.

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My Trip to the 2019 ANA World’s Fair of Money – Part I

My first trip to a coin conference did nothing to prepare me for the 2019 World’s Fair of Money. Sponsored by the American Numismatic Association, this year’s event, held at the Donald E. Stephens Convention Center in Rosemont, Ill., boasted auctions, seminars, exhibits of historic rare coins and currency, and a bourse so large that it made the one from the show I went to in Schaumburg back in April look like a garage sale. Indeed, if the Schaumburg show was like Comic-Con, then this show was like being in the Battle of Wakanda scene in Avengers: Infinity War.

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What’s Old is New Again: The 2001 Buffalo Dollar

Another one of my favorites (image via me).

One thing I’ve learned through my years of coin collecting is that truly popular designs never really go away – politicians and Treasury officials will always figure out ways to recycle them. 

For instance, in 1986 the U.S. Mint resurrected two of the most universally beloved and acclaimed coin designs, the Walking Liberty half dollar and the Saint Gauden’s double eagle, for its silver and gold eagles, respectively. Three decades later, the Mint re-used the Mercury dime obverse for its palladium eagles. After all, why waste perfectly good (and popular) designs. Especially if they help entice investors, collectors and doomsday preppers to part with their hard-earned money. 

So, when the government was coming up with ways to fund the Smithsonian National Museum of the American Indian in 2000, one of the things it did was authorize a special commemorative silver dollar featuring one of the most iconic designs in American coinage history.

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My First Trip to Coin-Con

This weekend is a pivotal one for nerds and geeks like me. “Avengers: Endgame” officially premiered on Friday (and became the fastest movie to reach $100 million). “Game of Thrones” airs a pivotal and highly-anticipated episode on Sunday featuring the White Walker invasion of Winterfell (my wife cleared out her calendar months ago).

As such, I figured it was only natural that I go to a convention where die-hards gather to talk about their favorites, shop for new additions to their collection, and meet important and well-known people.

That’s right. I went to the Central States Numismatic Society Annual Convention in Schaumburg, Ill. Call it Comic-Con but for coin enthusiasts – Coin-Con, if you will (Susan B. Anthony costumes optional).

This was my first such coin show, and to say it was overwhelming would be an understatement.

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About Me:

- Former Lawyer.
- Current Journalist/Writer/Editor.
- Author of "Nixon in New York: How Wall Street Helped Richard Nixon Win the White House," published in 2018.
- Married to a wonderful woman, father of two sweet dogs.
- Chicago via Pittsburgh, New York City and several others.

© 2022 Victor Li, all rights reserved. Theme by Frejya - Designed & Developed by Sparrow & Snow