What’s Hot: Any 90% silver or silver bullion. Collector series showing some strength include uncirculated 3 cent silver and nickel, Barber dimes/quarters/halves in MS63 or higher, and Type 1 (1850-1866) $20 gold.
Which Coins Should be Certified:
The downside of certification is that people are no longer forced to learn coin grading skills, and many don’t. But overall, it has been a great boost for the industry.
Feel free to contact us any time for more information on coin-related topics, whether bullion coins or rare coins.
A New Face on the Ten Dollar Bill
In 2007, the United States Mint started a dollar program that honors past presidents by placing their image on the obverse of the coin. Each year, four different presidents are represented on the coins. Initially, the dollar coins where meant for circulation, but they weren’t very popular with the general public. In 2011, the Mint stopped issuing the coins for circulation. Now the coins are only available directly from the Mint and various secondary sources, such as eBay and Coin Shops. The coins are gold in color, but they do not contain any of the precious metal gold. The reverse of the coin has a design featuring the Statue of Liberty. The date and mint mark is found on the edge of the coin. The motto, IN GOD WE TRUST, was moved from the edge of the coin to the obverse, starting in 2009. In addition to dollars that were meant for circulation or the collector, the Mint also produces proof Presidential Dollars. The proof coins are made from specially polished dies and have mirror-like surfaces. The proof coins are issued each year in proof sets sold directly from the U.S. Mint.
The program will end in 2016, with President Reagan being honored on the final dollar coin in the series. Federal law does not allow the image of a living president to be placed on a coin or currency. In 2015, one of the four dollar coins issued will feature the Missouri-born President Harry S. Truman.
As President of America, he was best known for the Truman Doctrine and the Marshall Plan. He was directly involved in the creation of the National Security Council (NSC) and the Central Intelligence Agency (CIA). On matters of international relevance, President Truman was also part of the decision-making bodies that formed the United Nations (UN) and the North Atlantic Treaty Organization (NATO). The Truman presidency was characterized by numerous post-war domestic reforms as well as critical decision-making involving international readjustments as the world faced the challenges in the aftermath of the Second World War.
The Early Years
Harry S. Truman was born on May 8, 1884, to John Anderson and Martha Ellen Truman. John Truman was a farmer and entrepreneur. At the time of his birth, Harry’s family lived on a farm in Lamar, Missouri. He was named after his Uncle Harrison. The “S” in his name did not stand for anything specific. The middle initial was given to Harry by his parents in honor of the family names Shipp and Solomon. The middle name was sort of a tribute to the boy’s two grandfathers, Solomon Young and Anderson Shipp Truman. Harry was raised in Independence, Missouri, where the family moved in the summer of 1890. Both of Harry’s parents were avid supporters of the Democratic Party.
As a child, Truman was interested in music and he started learning the piano at the age of 11. He practiced playing the piano fervently before going to school in the morning and aspired to be a concert pianist in his youth. The young boy was also very passionate about reading since he was unable to perform well in sports due to poor vision. He spent a lot of time reading at the Independence Public Library. The young Harry was a helpful and friendly boy. Realizing this, he sought to become tougher and more feisty—closer to the traits and attributes of his father. He also wanted to attend West Point, but he was refused entry due to poor eyesight.
In 1901, Harry graduated from Independence High School. During his studies there, he became deeply interested in history and thought it relevant and useful. Harry Truman did not go to college because his parents could not afford the tuition. Soon after graduation from high school, Harry found a job placement in the mailroom of the Kansas City Star. From 1902 to 1906, he worked different jobs, including bookkeeper for the Union National Bank and bank clerk for the National Bank of Commerce. At one time, he also served as timekeeper for the company in charge of the Santa Fe Railroad construction.
After working and being on his own for four years, he was summoned by the family to help at the homestead in Grandview, Missouri in 1906. Harry spent several years on the farm helping with daily operational and managerial tasks.
When World War I erupted in Europe, Truman re-enlisted in the United States Army. He was 33 years old—beyond draft age—when he joined the National Guard artillery unit. Truman was shipped to France in 1917 with the 129th Field Artillery. He left the service in 1919 with the rank of Captain of Battery D. The Meuse-Argonne campaign was an important turning point in Truman’s life. He survived the war and returned home to Missouri with confidence and conviction.
Harry Truman married Elizabeth “Bess” Wallace on June 28, 1919 in Independence, where they settled and started a family. Their courtship had started in 1910. They were blessed with an only child named Mary Margaret Wallace Truman. She was born on February 17, 1924.
With the help of a partner named Eddie Jacobson, the Trumans opened a haberdashery in Kansas City in the latter part of the year 1919. The store was named Truman & Jacobson Men's Haberdashery. The store was initially profitable but suffered from the recession of the early 1920s. After just three years, the store failed and Harry Truman had to pay off his share of debts in the years to come.
Public Life Begins
On November 9, 1922, Harry S. Truman assumed public office. He was elected to an administrative post in the Jackson County Court in Missouri. He post was that of a judge, but the functions resembled the job of a county commissioner. It was an administrative position, not a judicial one. Truman vied for re-election in 1924, but he was defeated. He became interested in the position again in 1927 and was successful in winning the vote.
During his years of public office, Harry Truman’s political ambitions grew. As a member of the Democratic Party, he campaigned and was elected as a Missouri Senator from 1935 to 1945. Truman came into prominence at the national level when he was appointed as Chair of the Senate Special Committee to Investigate the National Defense Program in 1941. This body was eventually known as the Truman Committee.
When President Franklin Delano Roosevelt chose Harry S. Truman as running mate for the US Presidential Election of 1944, the two men barely knew each other. Harry Truman did not seek the nomination actively. President Roosevelt, who was to campaign for a fourth term in office, was partial to another fellow Democrat. Senator Bennett Champ Clark was the person who nominated Truman for the vice-presidency at the Democratic National Convention in Chicago in 1944. It was a strategic choice for the Democratic Party. They needed a man they could trust, especially since FDR’s health was already deteriorating. The Roosevelt-Truman ticket won 53.4% of the votes over the Republican team of Thomas E. Dewey and John W. Bricker.
President Franklin D. Roosevelt died suddenly of ill health on April 12, 1945. On that day, at 7:09 PM, Vice President Harry S. Truman was sworn into office as the 33rd President of the United States of America, in the Cabinet Room of the White House. Truman himself spoke the following words as he tried to sum up his feelings about the unlooked-for appointment: "Boys, if you ever pray, pray for me now. ... When they told me what had happened, I felt like the moon, the stars, and all the planets had fallen on me. I've got the most terribly responsible job a man ever had." Truman barely had time to breathe upon assuming office. He was immediately thrown into the decision-making machine that was churning away with the main objective of putting an end to World War II.
President Truman’s actions and decisions during his presidency influenced the fates of the United States and the rest of the world for the next half a century. Historians consider Truman as the “last great leader” of the American nation. He was one of the prime movers in the post-war rehabilitation of Western Europe, particularly Germany and Japan in East Asia. He also showed steadfastness against the spread of communism from the Soviet Union, which affected the destinies of many nations on two continents.
Truman was one of the key figures in the Potsdam Conference, along with Joseph Stalin, leader of the Soviet Union, and Prime Minister Winston Churchill of Great Britain. The event was organized in order to discuss matters concerning European settlement after the unconditional surrender of Germany on May 8, 1945. It was his 61st birthday when President Truman announced the defeat of Germany to the nation.
One of the most critical decisions that Harry Truman had to make early on in his presidency involved the dropping of the atom bomb on the Japanese cities of Hiroshima and Nagasaki. Because of the utter destruction caused by the bombs, the Empire of Japan surrendered to the Allies in the Pacific on August 14, 1945. The dropping of the atom bombs helped cause the end of the Second World War. Nevertheless, the morality of the decision is debated to this day.
On June 26, 1945, with the help of other world leaders, President Truman’s efforts to promote world peace culminated in the signing of the United Nations Charter.
Peacetime recovery in the United States was a huge challenge because of demobilization and inflation. President Harry S. Truman proposed the Fair Deal in order to alleviate domestic problems. The Fair Deal, which was presented to Congress on September 6, 1945, sought to address various areas including price control, rent control, guaranteed employment, and higher minimum wage for workers, expanded social security benefits, public health insurance, and public housing. Truman’s public health program was a first for any president of the United States. No leader of the nation proposed universal health coverage. The Fair Deal also proposed the formation of a Fair Employment Practices Committee to deal with racial discrimination in America. Most of the projects proposed by Truman’s Fair Deal did not come into fruition because the Republican Party, which comprised the majority of Congress, blocked them.
During his first term, President Truman’s foreign policy was mostly defined by his administration’s stand against the spread of communism worldwide. As such, relations between the Union of Soviet Socialist Republics (USSR) and the United States deteriorated. The Truman Doctrine was the central policy that aimed to “contain” communism. Because of opposing principles, tensions continued to rise as the two sides continued to disagree about matters concerning the unification of Germany and the provision of military aid to Turkey and Greece.
The Truman Doctrine lent its main principles to the Marshall Plan of 1947. This Plan gave rise to the Foreign Assistance Act, which was signed on April 3, 1948. It was also instrumental in the implementation of the Point Four Program, which governed post-war reconstruction in Europe, as well as the formation of NATO in 1949. The year before, in 1948, President Truman publicly expressed immediate and full recognition by the United States of the birth of the State of Israel.
Despite bitter opposition and with the help of an intensive nationwide campaign, President Harry S. Truman won the US presidential election of 1949 to serve a second term. His second term also saw the Democratic Party win and claim the majority in both the Senate and the House of Representatives. Truman’s housing act was passed in 1949, and his administration continued to promote anti-communist policies. In 1951, the United States was once again thrust into war when the Korean War broke out after North Korea invaded South Korea. The commitment of the United States to send “police action” to counter communism worked in the favor of South Korea and saved it from the North’s aggression.
In 1952, Winston Churchill gave a tribute to President Truman. Directly addressing the president, Churchill said, “You, more than any other man, have saved Western civilization.”
During his second term, some of President Truman’s actions were deemed controversial and unpopular. When his term ended, he supported the candidacy of fellow Democrat Adlai Stevenson. However, the Republicans won the election and Dwight D. Eisenhower became the 34th president of the United States.
Life after the White House
President Truman returned to Independence with his family after leaving the White House. In mid-1957, the Harry S. Truman Library was dedicated in his hometown. From that time onward, until 1966, Truman worked tirelessly at the Truman Library. The former president also worked on his memoir, which was published in two volumes and released between 1955 and 1956.
On December 26, 1972, Harry S. Truman died of pneumonia in a Kansas City hospital. He was 88 years old. Truman was buried within the grounds of the Truman library.
Learn more about the life and times of Harry S. Truman with this video tour of the Truman Museum in Independence, Missouri. https://www.youtube.com/watch?v=V2r9OaTUFMo
There are two concerns when discussing the storage of coins. First, the storage of the individual coin, and Second, the storage of a group of coins, or an entire collection.
Storage of a Coin Collection
The Environment of the entire Collection, or Group of Coins is the focus, taking into consideration Temperature, Humidity and Light. A relatively constant, moderate to low temperature and low humidity are preferable for long term storage of numismatic collectibles. Placing packets of silica gel, which absorbs moisture, in the coin storage areas helps control atmospheric humidity. The less light, the better; and absolutely no sunlight. This is why a safe or vault is ultimate storage container; because it controls Temperature, Light and Humidity, and provides Superior Safety.
Storage of Individual Coins
Putting Individual coins into Holders is Imperative for all coins whose condition is BU and above, or MS60 and higher. Coins below these designations are considered "circulated" because they are found in the general circulation of money. Typically this will mean they are found in pocket change, or in rolls of coins purchased at a local bank. Although collecting Circulated coins is a great personal challenge for many collectors, the more serious Coin Collectors will concentrate on "Uncirculated" coins (BU+ and MS60+ ) because of their better condition (grade), value, and appearance.
Types of Containers or Holders.
Almost anything will do for coins with small or no numismatic value. A coin that is worth only face value, is not likely to have much numismatic value. while nearly airtight holders made of inert materials are a better idea for valuable coins.
Bags, jars and boxes are adequate for raw pocket change and circulated coins.
Paper Envelopes or Paper Flips of various sizes (usually 2 x 2) are still used for single coins. Be sure to use envelopes made explicitly for holding coins, otherwise your coins may change color (tone) over time due to reaction with sulfur or other chemicals present in the paper. Since the coin can not be seen, it is now out of favor with collectors.
Folders and Albums are sold primarily for series and type sets. Properly used, they offer moderate protection from wear and handling. Over the years coins may tone due to reaction with sulfur or other chemicals present in the folders and albums, and are therefore not a good choice for long term storage of higher grade coins. The coins are still exposed to light, air, chemicals and human touching. Albums have clear plastic covers over the coins, which slide in and out. This sliding action can leave unwanted and unattractive marks on the coin.
Plastic Flips are available in various materials. "Soft" flips were once made from polyvinyl chloride (PVC) which decomposed over time with disastrous results for coins; leaving a green appearance and substance. PVC flips are no longer made and sold. Mylar, vinyl and acetate flips do not contain PVC. While not airtight, they are reasonable choices for moderate value coins that will be "left alone" for multiple years.
Vinyl Pages (8 ½ x 11) which fit into a 3 ring binder. Well suited for Cardboard and Vinyl Flips, with great visibility of coin obverse and reverse. This is a Great Favorite.
Mylar-lined Cardboard Flips, often called "2x2s" or cardboard flips. At one time, the most preferred and commonly used. but also available in other sizes, are similar to plastic flips. A coin is placed between the two halves, which are then folded over and stapled together (some brands contain an adhesive). The boxes that they come in are ideal for multiple coin storage.
Tubes are plastic containers designed to hold a number of the same size coins. They come in different sizes for different coins. They are fine for bulk storage of circulated coins and are appropriate for higher grade Uncirculated, BU+ and MS60+ coins. A disadvantage is that the coins cannot be viewed without being removed from the tube.
Hard Plastic Holders are preferable for more valuable coins. They are self sealing, and not known to contain any materials that harm coins and offer good protection against scratches, touching and handling, air and chemicals, and other physical damage. They are available for individual and small sets of coins, and come in all sizes.
Slabs are Sonically Sealed hard plastic holders for individual coins. They offer Excellent protection. Because of the expense of having a coin slabbed, they are generally suitable only for more valuable coins - i.e.: BU+ and MS60+ Coins.
Although generic slabs are available, most often, a slab will be seen holding a coin that has been Professionally Certified and Graded - which has tremendous advantages. The biggest advantage is when buying a coin on the Internet or by phone. You know what you're getting. A coin Certified and Graded by one of the "Top Four" gives reliability, assurance and security. A big advantage over the scam sellers of raw coins, and non-conforming grading companies.
Have fun collecting your Perfect Coins!
Robert Taylor is a 59 year old retired Lawyer, from Denver, CO, who spent most of his career representing people who could not afford an attorney, and who has had a passion for collecting US coins, since the age of 6. Wanting to share his Passion, he created http://www.ThePerfect-Coin.Com which features US Rare and Modern Dollars (from 1878) and Coins (from 1960), all Certified and Graded by NGC or PCGS; and then created http://www.Beginning-Coin-Collecting.Com which features US Modern Coins (from 1960) that are high quality BU, Certified and Slabbed Coins that are all priced less than $10 per coin.
Tips to Attending Your First Coin Show
By: Brian Lomas
Whether you are new to coin collecting, or you are simply in a place where you have been doing all of your coin dealing at a local shop or online, you might be quite excited to hear about a coin show in your area.
A coin show is a lot of fun, and not only can you get coins for your collection that you cannot get anywhere else, you are also going to be able to connect with people who have the same interests that you do.
If you are interested in rare and interesting coins, a coin show is a great place to go, but before you do, make sure that you remember some important coin show etiquette.
When you are going to be attending your first coin show, remember that you should be courteous. If there are coins that are lying out in the open, do not pick them up and handle them unless you have the dealer's express permission.
Also remember that because theft is such a big problem at these events, you should always keep your bags or purses to your side or pushed to your back.
The issue is that coins are very easy to steal because they are small and because they are easily overlooked. Make sure that you think about wearing tight fitting sleeves or short sleeves so that you do not obscure the coins and to put the dealers mind at ease!
Good etiquette with purses and bags goes further than simply keeping it away from the tables. When you sit down at dealer's table, make sure that you keep your purse or your bag under your chair or behind it. Don't put the bag between your legs because one common ploy is to handle a coin and then to simply drop it into the open bag.
While it might seem as though the dealer might be being too paranoid, you will find that the truth of the matter is that theft is very common at coin shows, and that in many cases, the dealer is right to be wary.
When you are looking over the coins at the show, make sure that you remember where you took the coins for and put them back in the same place. One way to stay on top of this is to make sure that you only look at one price group at a time. You are saving the dealer and the customers behind you some aggravation when you do this.
Another thing that you need to keep in mind is that you should keep your checklists and pricing guides away from the tables. In general, keep paper away from the tables, because it is very easy to hide coins between two sheets of paper buried in a book.
If you are planning to buy several coins from a dealer and need to take some time making your selection, remember to hand the coins to the dealer while you find the rest of what you want.
Holding too many coins in your hand at once is usually something that is looked on with suspicion, so make sure that you pay attention to this.
Never walk away from the dealer's table while holding coins, even for a minute, because this can get you thrown out of the show quite quickly!
Article Source: [http://EzineArticles.com/?Tips-to-Attending-Your-First-Coin-Show&id=3113167] Tips to Attending Your First Coin Show
Counterfeit Coin Detection: The Initial Visual Evaluation of Your New Coin (Spotting the Giveaways)