Written by the TreasureGuide for the exclusive use of the Treasure Beaches Report.
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| John Brooks Beach About 10 AM Today (Tuesday) |
Thanks to Al C. for this current photo.
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A number of mints around the world are “minting” profits by striking a huge variety of coins for collectors instead of for circulation. For example, the Royal Canadian Mint strikes over 300 different coins each year, with only a handful of issues for circulation purposes.
The governments of a number of less affluent nations have been able to raise revenues by collecting royalties from authorizing issues of non-circulating legal tender (NCLT) coins that were then marketed primarily to American collectors. Examples of such countries were (and in some instances still are) the Cook Islands, the Isle of Man, Liberia, the Marshall Islands, Niue, and several Caribbean nations.
In most instances, marketers promoted a coin issue, then found a cooperative government and mint to authorize and strike the pieces...
Collectors have limited budgets, some modest and some enormous. While there are a number of collectors of the annual uncirculated bullion issue, even that is becoming a challenge with today’s record high levels of silver prices. Even fewer collectors have the budget to try to accumulate all the different varieties of uncirculated and proof Silver Eagles.
While it is understandable that U.S. Mint officials have an interest in maximizing revenues and profits while working within Congressional constraints, is it possible that the market is becoming so saturated with varieties of Silver Eagles and special editions of other coinage that it will diminish future collector interest?
Here is the link for the rest of the article.
Five-Cent Piece: Minted from 1858 to 1919, it was made of 92.5% silver.Dime: Minted from 1858 to 1919, it was also made of 92.5% silver.
Quarter: Minted from 1870 to 1919, it was made of 92.5% silver.
Half Dollar: Minted from 1870 to 1919, it was made of 92.5% silver.
Five-Cent Piece (1920-1921): Transitioned to 80% silver.
Dime (1920-1967): Transitioned to 80% silver.
Quarter (1920-1967): Transitioned to 80% silver.
Be careful with the magnet though. A strong magnetic attraction can leave a mark on a coin. In my old post I suggested some ways of avoiding that damage.
Will The U.S. Mint Saturate the Numismatic Market? - Numismatic News
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If you've been metal detecting in Florida very long, you've probably picked up quite a few Canadian coins. Just a reminder to check your Canadian coins for silver.
Here are some to look for.
Five-Cent Piece: Minted from 1858 to 1919, it was made of 92.5% silver.Dime: Minted from 1858 to 1919, it was also made of 92.5% silver.
Quarter: Minted from 1870 to 1919, it was made of 92.5% silver.
Half Dollar: Minted from 1870 to 1919, it was made of 92.5% silver.
Five-Cent Piece (1920-1921): Transitioned to 80% silver.
Dime (1920-1967): Transitioned to 80% silver.
Quarter (1920-1967): Transitioned to 80% silver.
10-Cent Coin: Minted from 1920 to 167. Made of 80% silver.
I once did a post on using a magnet to separate coins. Many of the modern Canadian coins will stick to a magnet. You can quickly find the silver because they will be left behind after removing the magnetic ones.
A magnet can be used to help to pick out other kinds of coins. For example, if you have a pile of one cent coins, a magnet will quicky pick out the steel war cents.
A magnet will catch a lot of foreign coin too. A lot of German coins, for example, and many Canadian coins minted after 2000, the 1 and 2 pence UK coins struck after 1992, and the Swiss 5 centime coins are some other examples.
There are also rare planchet errors that will stick to a magnet too.
Are you passing up those magnetic coins with your metal detector? Good chance.
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In their theory, sexually transmitted syphilis emerged in South-Western Asia about 3000 BC.
A more popular theory suggests that those travelling with Christopher Columbus brought the disease from the Americas to Europe in 1493...
The pair penned a commentary on the new research, published alongside it in the journal.
"The finding points to an origin for syphilis in the Americas rather than in Europe," they said...
Here is the link for more about that.
DNA found in an ancient Colombian skeleton may hold answers to origin of syphilis - ABC News
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| Surf Chart from SurfGuru.com. |
Looks like a bit of a surf increase.
Tonight will be a negative low tide.
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Here is a good site for checking out what the wind is doing.
Good hunting,
Treasureguide@comcast.net