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U.S. Coins: Half Cents

Tuesday, December 6, 2016 8:57:58 AM PST8PDT

Liberty Head Eagle

It’s hard to imagine that half a cent would buy anything, but when U.S. currency was introduced in 1792, one dollar had the purchasing power of over $18 today, making the half cent roughly as valuable as today’s dime.

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Comments | Posted in Coins By Great American Coin Company

The Coinage Act of 1792

Tuesday, November 22, 2016 5:45:48 PM PST8PDT

Liberty Head Eagle

Among the many things the United States needed to do after gaining independence from Britain was to establish its own money.When a new U.S. Constitution was approved in 1788, it provided for a legislative branch that was to meet in congress in two-year sessions to consider the business of the country.

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Comments | Posted in Coins Gold Paper Money Silver U.S. paper money By Great American Coin Company

Common Coins and How to Collect Them

Wednesday, November 16, 2016 6:54:43 PM PST8PDT

Liberty Head Eagle

You don’t have to be a high-roller to collect coins. Sure, there are million-dollar pennies out there, but there are plenty of other collectible coins you can get for barely over their face value.

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Comments | Posted in Coins Gold Silver By Great American Coin Company

Genuine Silver Islamic Coins from the Ottoman Empire

Saturday, November 5, 2016 3:28:44 AM PST8PDT

Liberty Head Eagle

The use of imprinted coins as currency emerged independently in China, India, and the Mediterranean between 700 and 500 BC. Called “money of authority,” the earliest known stamped western coins began spreading throughout the Greek territories in Asia Minor into modern Greece and Italy in the 5th and 6th centuries BC.

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Comments | Posted in Coins Silver World Coins World Currency By Great American Coin Company

Mexico's Last Silver Dollar - The 1957-1967 Un Peso

Wednesday, November 2, 2016 10:00:51 AM PST8PDT

Liberty Head Eagle

When the Spanish first started mining silver in the New World in the 1500s, they used some of it to make crude hand-wrought coins. But as the Spanish real became one of the most widely accepted international currencies, measures were taken to reduce counterfeiting, including more detailed designs and lettering on the edges of the coins so that shaving the pure silver or gold could be easily detected.

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Comments | Posted in Coins Silver World Coins World Currency By Great American Coin Company

The Story of Silver Blue Seals

Wednesday, October 26, 2016 8:20:50 PM PST8PDT

Liberty Head Eagle

After a brief flirtation with unbacked fiat currency during the Civil War, sentiment arose for a U.S. dollar once again backed by precious metals. First, the Treasury issued Gold Certificates starting in 1865, adding Silver Certificates in 1886.

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Comments | Posted in Paper Money Silver U.S. paper money By Great American Coin Company

Silver Bullets - Just in Time for Halloween!

Monday, October 24, 2016 11:08:22 AM PST8PDT

Liberty Head Eagle

The 1700s were not a good time to be roaming the woods of Europe alone. Thousands of people were attacked by wolves, and many died. Often, especially when a lone person survived an attack, they embellished the story, describing a huge creature of terrifying proportion and ferocity that played into tales of man/wolf creatures going back to biblical times.

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Comments | Posted in Silver Uncategorized By Great American Coin Company

Gold Doubloons and Pirate Treasure for a Festive Halloween

Friday, October 21, 2016 10:21:31 AM PST8PDT

Liberty Head Eagle

Candy may be dandy, but how much more memorable would it be to hand out pirate treasure to your trick-or-treaters?

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Comments | Posted in Coins Gold World Coins By Great American Coin Company

What's the Deal with Silver Red Seals?

Tuesday, October 18, 2016 8:47:11 AM PST8PDT

Liberty Head Eagle

As used as we are to paper bank notes today, the United States didn’t issue paper bills until 1861 when the need to finance the Civil War made it impossible to do so with the gold and silver coins that had been used for commerce up to that time.

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Comments | Posted in Paper Money U.S. paper money By Great American Coin Company
Liberty Head Eagle

People take money seriously, and so do most countries. This has certainly been historically true for the United States. Over the course of issuing paper money, U.S. currency has been printed for several specific purposes.

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Comments | Posted in Paper Money U.S. paper money By Great American Coin Company

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