Money Collecting By Michael McNeil. Introduction I hope you may appreciate the study of coins, paper...

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Money Collecting Money Collecting By Michael McNeil

Transcript of Money Collecting By Michael McNeil. Introduction I hope you may appreciate the study of coins, paper...

Money CollectingMoney CollectingBy Michael McNeil

IntroductionIntroduction

I hope you may appreciate the study of coins, paper money, tokens and medals.

Things to be learned today:– The different U.S. coins– Paper money– Local clubs

Anyone can get started. All you need is an interest in coins and a box to put them in.

AgendaAgenda

CoinsPaper MoneyLocal Coin Clubs

Overview Overview

Money is every where.Today I will talk mainly about US

currency.

VocabularyVocabulary

What is a money?– The most common medium of exchange;

functions as legal tender.What is a coin?

- A metal piece (usually a disc) used as money.What is paper money?

– Paper notes with standardized characteristics issued as money.

U.S. Coins - Pre-Federal issueU.S. Coins - Pre-Federal issue

Colonial Issues This coinage, the first struck for the

English colonies in America, was issued about 1616. Coins similar to this were struck until about 1780 for Dutch Markets.

Post-Colonial Issues dates between 1783-1796.

U.S. Coins - Federal IssuesU.S. Coins - Federal Issues

Continental Currency (1776-1792)Half Cents (1793-1857)Large Cents (1793-1857) Small Cents (1857)

Flying eagle (1856-1858) Indian Head (1859-1909)Lincoln, wheat ears reverse (1909-1958)Lincoln, Memorial reverse (1959 to current)

U.S. CoinsU.S. Coins

Two-Cent Piece (1864-1873) Three-Cent Piece

Silver Three-Cent Piece (1851-1873) Nickel Three-Cent Piece (1865-1889)

U.S. CoinsU.S. Coins

Nickel Five-Cent Piece Shield (1866-1883) Liberty Head (1883-1912) Indian Head or Buffalo (1913-1938) Jefferson (1938 to current)

• Wartime Silver Alloy (1942-1945)• Prewar Composition (1946-1967)• Peace Medal (2004)• Keelboat (2004)• American Bison (2005)• Ocean In View (2005)• Westward Journey (2006)

U.S. CoinsU.S. Coins

Half Dime (1794-1873)Dime

Draped Bust (1796-1807)Capped Bust (1809-1837)Liberty Seated (1837-1891)Barber or Liberty Head (1892-1916)Winged Liberty Head or “Mercury” (1916-1945)Roosevelt (1946 to current)

Twenty-Cent Piece (1875-1878)

U.S. CoinsU.S. Coins Quarter alias “two bits”

Draped Bust (1796-1807) Heraldic Eagle Reverse (1804-1807) Capped Bust (1815-1838) Liberty Seated (1838-1891) Barber or Liberty Head (1892-1916) Standing Liberty (1916-1930) Washington (1932 to current)

• Silver (1932-1964)

• Clad (1965-1998)

• State Quarter (1999-2008)

U.S. CoinsU.S. Coins

Half Dollar Flowing Hair (1794-1795) Draped Bust (1796-1797) Heraldic Eagle Reverse (1801-1807) Capped Head Bust Lettered Edge (1807-1839) Liberty Seated (1839-1891) Barber or Liberty Head (1892-1915) Liberty Walking (1916-1947) Franklin (1948-1963) Kennedy (1964 to current)

U.S. CoinsU.S. Coins Dollar

Flowing Hair (1794-1795) Silver Draped Bust (1795-1804) Gobrecht Dollars (1836-1839) Liberty Seated (1840-1873) Trade Dollars (1873-1885) Morgan (1878-1921) Peace (1921-1935) Eisenhower (1971-1978) Susan B. Anthony (1979-1999) Sacagawea (2000-2006) George Washington (2007)

U.S. CurrencyU.S. Currency

Large sizeSmall sizeFractional

PortraitsPortraits

$1 - George Washington $2 – Thomas Jefferson $5 – Abraham Lincoln $10 – Alexander Hamilton $20 – Andrew Jackson $50 – Ulysses S. Grant $100 – Benjamin Franklin $500 –William McKinley $1,000 Grover Cleveland $5,000 James Madison $10,000 Salmon P. Chase $100,000 Woodrow Wilson

Currency – What to look for? Currency – What to look for?

Star or Replacement notesBlock Letter A-A, A-B,A-C, and so on.Collection by the numbers

Solid numbers 22222222Low numbers 00000001 being the ultimateRadar number 12344321Ladder number 12345678Poker hands 33445566

Local ClubsLocal Clubs

Anderson - Madison County Coin Clubhttp://madisonccc.tripod.com/index.htm

Muncie Coin and Stamp ClubMarion Coin ClubGreencastle Coin Club Jasper Coin ClubBloomington Coin Club

SummarySummary

Many different U.S. coins.Next time you get change take a moment

and search for a treasure.I invite you to come to a coin club or find

a coin club near you.