![]() ![]() This has been an unusually active time for the metals market, and we are working hard behind the scenes to meet increasing demand. As we continue to monitor the rapidly evolving situation, we plan to reopen our storefronts on May 4th, 2020. This has been a difficult decision, as it’s been our goal to remain open as long as we could safely serve our community during this crisis, but this action is needed in order to minimize contact, help stop the spread of COVID-19, and keep our customers and staff safe. Inslee’s statewide stay-at-home measures, we will be closed to the public for two weeks starting Thursday, March 26. Visit the experts at West Seattle Coins and Bellevue Rare Coins in West Seattle, Bellevue and Lynnwood. ![]() If want to see how much your old coins are worth, take it to the Seattle coin shop that can tell you the most about rare coins and coin collecting. It’s true that most of us don’t have an 1894-S Barber Dime sitting in a box in the basement, but there are all kinds of valuable old coins. Because of its rarity, the genuine coin is essentially priceless even the 1879 restrikes of this famous coin can go for close to $10,000. Today, one of the four is in the collection of the American Numismatic Society, while the other three are in private collections. However, there were four known test strikings of Confederate half-dollars that eventually made their way into the hands of private collectors. Lacking the necessary metal reserves to produce coinage, the Confederacy chose to issue paper money instead. In 2002, one of Switt’s former coins was sold at auction for $6.6 million, which is not too bad for a coin with a face value of $20!Īfter the secession of Louisiana in January of 1861, the United States Mint in New Orleans passed into the hands of the Confederacy. However, a few of the famed 1933 Saint-Gaudens Double Eagles made their way out of the mint and into the hands of private collectors, most notably a Philadelphia jeweler by the name of Israel Switt who ended up with 19 of them. With the economy in such dire straits, President Franklin Delano Roosevelt recalled all gold coins and ordered the new 1933 series of coins to be melted down. Times were tough in America in 1933: the Great Depression had taken quite a toll on the country, and there were few signs of the economic upturn everyone was waiting for. Today, each of these rarities is worth more than $1,000,000. The administration’s solution: press eight silver dollars for the occasion and stamp them with the year 1804, making them the only dollar coins to ever bear that year. The problem was that silver dollars hadn’t been minted for 30 years. In 1834, Andrew Jackson’s administration wanted to give sets of United States coinage to visiting foreign dignitaries. The 1804 Draped Bust Silver Dollar came into being as a result of politics. And while we may never know the full story of how or why these dimes were minted, what we do know is that the finest examples of these mysterious ten-cent pieces can sell for upwards of $1,000,000. What’s strange is that the San Francisco Mint (designated by the “S” in the coin’s name) didn’t typically produce proof coins, a job that was handled by the main mint in Philadelphia. With an original mintage of just 24 pieces - all struck as proofs - the 1894-S Barber Dime is one of the most valuable pieces of American coinage. Here’s another mystery of American numismatics. Currently, all five of the nickels are in the hands of private collectors one especially fine specimen sold for more than $3,000,000 this year! coin to command more than $1,000,000 at auction. Over the years, they passed between dealers and collectors and, in 1996, one of Brown’s Liberty Head Nickels became the first U.S. In 1924, Brown sold his nickels to a dealer. Mint in 1913 - announced at the American Numismatic Association’s annual convention that he had all five. A coin collector named Samuel Brown - who coincidentally had been an employee of the U.S. However, the dies (casts used to strike coins) had already been made and five nickels with the Liberty Head design were struck. The design was retired in 1912 in favor of the new Indian Head Nickel design and so no 1913 Liberty Head Nickels should have been produced. The existence of any 1913 Liberty Head Nickels has long been a mystery. So when you’re cleaning out your basement, scouring flea markets and visiting estate sales, keep your eyes open for these five coins. However, there’s always the possibility that you could find a rare coin, or one of America’s most valuable coins. Most likely, you’ll have a handful of historical curiosities, which might be worth a few dollars. Inside the bag are some old coins, so you sit down and begin to sift through them. Imagine this: you open up one of those old boxes sitting in your basement or attic and find a small leather bag. ![]()
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