More information on 1921 silver dollars

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One of the reasons there is such a disparity between what the average consumer expects, and what the coin dealer actually delivers when it comes to buying coins from the public is that coin dealers see vast amounts of common "junk." By "junk" I mean common date wheat pennies, circulated Buffalo Nickels and Mercury Dimes, worn Washington Quarters and circulated Franklin and Kennedy Halves. Coin dealers are offered so much of this type of material that many of them get tired of seeing it. They give such material the cursory once-over and offer low-ball prices for it based on long experience. Usually people have already pulled out the more valuable coins, leaving the "junk," (or at least the the dealer must assume so.)
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In 1775 American colonists issued paper currency for the Continental Congress to finance the Revolutionary War. The notes were backed by the "anticipation" of tax revenues. Without solid backing and easily counterfeited, the notes quickly became devalued, giving rise to the phrase "not worth a Continental."
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Old gold coins should never be cleaned. But it's not just excited treasure hunters that make this mistake. Even archaeologists working with ancient coins come under fire for the practice of restoring ancient coins, although in their case it may be necessary in order to see the coin well enough to properly date and categorize it. Those coins will not end up in most collections. But then again, archaeologists are not trying to preserve numismatic value.
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Gold is a tremendous holiday gift and I encourage you to give gold and silver coins to your loved ones this holiday season. There are two high level reasons I like this idea so much. First, gold is an appreciating asset and store of value. By giving a gold coin, you are giving a loved one an investment that has intrinsic value. Second, in this day and age, gold is not a familiar concept to many people. By giving a gold coin, you are opening up a new investment idea to your loved ones. Perhaps they have not considered investing in gold before. Upon holding their first gold coin, they will most likely be extremely interested in learning more. Your gift could provide the perfect starting point to start mentoring and teaching your loved ones all about your passion for gold.
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1921 silver dollars Stories

Coin News Daily October 9, 2008

Thu, 09 Oct 2008 09:34:24 +0000
Hoskins Knew How to Spot a Counterfeit
By F. Michael Fazzari, Numismatic News
This month as a tribute to the memory of Charles Hoskins, my former boss and mentor, I’ll share with you what I remember about my first authentication lesson at ANACS in 1972. Hoskins was the first director of the American Numismatic Association Certification Service. ...]

Gold Soars Most Since 1999, Silver Surges on Demand for Haven

Wed, 17 Sep 2008 21:04:29 +0000
By Pham-Duy Nguyen
Sept. 17 (Bloomberg) — Gold surged the most in nine years as investors sought the safety of precious metals on concern that the credit crisis will deepen, leading more financial institutions to fail. Silver soared the most since 1979.
Equities tumbled after the Federal Reserve took over the biggest U.S. insurer. The cost of ...]

Salmond: I'd have acted to save HBOS - Scotsman

Sun, 21 Sep 2008 22:18:00 GMT
ALEX Salmond last night triggered a bitter cross-border row over the HBOS crisis by suggesting that if he had been in charge of an independent nation, Scotland's oldest bank could ...

Blog Central - Tri-City Herald

Wed, 13 Aug 2008 00:32:00 GMT
Q. I have seven of these silver dollars, each has a date of 1922. Some have a mint mark "S," others have no mint mark at all. I know these probably are collectible. My question is ...

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