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Michael Dixon writes "Today, I attended the Milton, WV show to promote the National Battlefield Coin Show™ in Gettysburg.  The show is a small venue with 29 tables, but it was a throwback to the coin shows of the 1970s and early 1980s with mostly raw coins.  I was amazed at the diversity, quality and quantity of coins.  The first coin I saw was an 1800 bust dollar in VF, which a buyer was negotiating with the dealer over.  Other mentionable coins I saw were: Colonials, Hawaiian, Feucht Grewanger cent, MORE >
 

WEST VIRGINIA SALOON TOKENS

By Donald Clifford
WV ANA Representative

You didn’t have to travel to Dodge City, Tombstone, or another western town to visit a saloon around 1900. A 1900 West Virginia business directory lists over 500 saloons, with about 125 in Wheeling. Parkersburg had almost 50 saloons, Charleston another 20 and Huntington over 15. Saloons were located along the routes that people traveled, by rail and boat, and where men worked in the coal and lumber business. Many of these saloon owners used tokens in their day to day operations. Gambling machines were found in many saloons and only tokens were to be used in them to keep them legal. Some 2½¢ tokens were used to rent cue sticks for use at the pool tables.

Tokens with just the owner’s name are the most common. While other tokens may have the name of the saloon like “Bridge Café”, “Grand Opera Café” or “Mecca Café”. The word Café was a nicer way to say saloon and this was an era of the temperance movement and Mrs. Carrie Nation, who was pushing for prohibition. It is said that Carrie Nation came to West Virginia in the early 1900’s and used her axe to mash doors of saloons in Fayette County.

West Virginia passed its own version of prohibition in 1913 and it went into effect on July 1, 1914, five and one half years before national prohibition. All these saloon owners had to find a new business. Some became pool rooms, others sold cigars and tobacco, and others became restaurants. Probably some near Ohio or Kentucky moved their operation out of West Virginia which gave them a few more years of operation.

About 100 different tokens are known with the saloon name and the word “saloon” on them, like the “Big Chief Saloon” from Charleston, “White Front Saloon” from Wheeling, “Klondike Saloon” from Bluefield, “Maine Saloon” and “Palace Saloon” from Huntington, “Star Saloon” from Central City (now Huntington), and “Red Rabbit Saloon” from Naugatuck. These tokens command a premium in the token collecting hobby because they have the word “saloon” on them.

 

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1960-D Lincoln cent

This 1960-D Lincoln cent from Ron Hardin shows both a Small Date and a Large Date and a repunched Mint mark.

 

Dates of two sizes, a doubled die, and more

What coin struck in the second half of the 20th century has a doubled die obverse, dates of two different sizes, and a repunched Mint mark? As John Wexler explains in his “Varieties Notebook” column, exclusive to the Feb. 12 issue of Coin World, it’s the 1960-D/D Lincoln, Small Date Over Large Date cent — a coin that has a lot going for it from the viewpoint of a collector of die varieties.

Wexler explains how the coin was created and notes that an example of the coin was recently submitted to him by a Coin World reader. To learn more, read the column in the digital and print issues of Coin World.

Seated Liberty half dollar not what it seems

“The 1840 Seated Liberty, Medium Letters half dollar is an imposter,” writes Gerald Tebben in his “Coin Lore” column. “For more than a century it posed as a Philadelphia Mint coin when, in fact, Miss Liberty on the obverse was a Southern belle,” he adds.

Tebben explores the research that upset what we thought we knew about the coin, and proved which Mint facility actually struck the coin. So where was the coin struck and why did it differ from most other 1840 Seated Liberty half dollars? Find out in the Feb. 19 issue of Coin World.

YESTERDAY'S NEWS

Mountain State Numismatic Society has formed to serve collectors in West Virginia.
Inaugural coin show was held July 18, 1915 in Milton, W. Va.

By Paul Gilkes , Coin World
Published : 06/01/15

The Mountain State Numismatic Society has been founded to serve collectors in the state of West Virginia.

The society will host its inaugural coin show July 18 at the VFW Post 9796 in Milton, W.Va., Details can be found on the society's website.

The society was organized by founding members Jake Miller and Cecil Starcher who are serving, respectively, as the society's treasurer and secretary.

Gregory Mencotti is the inaugural president, with Bill Wilcox as first vice president and Howard Rogers as second vice president.
MORE
 

Click HERE to learn about our Golden Star Program.

 

U.S. Mint: News Release

United States Mint Resumes Mutilated Coin Redemption Program

WASHINGTON - The United States Mint (Mint) is resuming its Mutilated Coin Redemption Program.

In 2015, the Mint suspended the program to assess the security of the program and develop additional safeguards to enhance the integrity of the acceptance and processing of mutilated coinage. The Mint engaged in the rulemaking process to revise the Treasury regulations appearing at 31 C.F.R. part 100, subpart C. Additionally, the Mint published on its website detailed information relevant to the revised procedures for the exchange of mutilated coins.

Acceptance criteria for the Mint's Mutilated Coin Redemption Program are available at www.usmint.gov/news/consumer-alerts/mutilated-coin-program. Instructions for completing the application are available at www.usmint.gov/news/consumer-alerts/mutilated-coin-program/instructions.

The United States Mint currently has 12 vendors authorized to purchase U.S. gold, silver and platinum bullion coins.

None of the Mint's bullion issues are sold directly to the public, but are instead sold to authorized purchasers. One of the primary requirements to become an authorized purchaser is the ability to offer the public a two-way market, both selling and buying back the bullion coins.

The U.S. Mint only sells the coins. Criteria to become an authorized purchaser for American Eagle gold, silver and platinum bullion coins, American Buffalo gold bullion coins, and America the Beautiful 5-ounce silver bullion quarter dollars is found on the U.S. Mint website.

Nine of the 12 APs are located in the geographic United States, two are located in Europe and one is headquartered in Japan.

The vendors, their location, and the bullion coinage the Mint has authorized each to purchase are:

➤  A-Mark Precious Metals; Santa Monica, California; silver, gold, platinum.

➤  Jack Hunt Coin Broker; Buffalo, New York ; silver, gold, platinum.

➤ Coins 'N Things; Bridgewater, Massachusetts; silver, gold, platinum.

➤ Fidelitrade; Wilmington, Delaware; silver, gold, platinum.

➤ Dillon Gage Inc.; Dallas, Texas; silver, gold, platinum.

➤ Manfra, Tordella & Brookes, Inc., MTB; New York City; silver, gold, platinum.

➤ American Precious Metals Exchange, APMEX; Oklahoma City, Oklahoma; silver, gold, platinum.

➤ The Gold Center; Springfield, Illinois; silver only.

➤ ScotiaMocatta; New York City; silver, gold, platinum.

➤ Deutsche Bank AG; Frankfurt, Germany; silver, gold, platinum.

➤  Bayerische Landesbank; Munich, Germany; silver, gold, platinum.

➤ Tanaka Kinkkinzoku Kogyo K.K.; Tokyo, Japan; gold and platinum

Connect with Coin World:

Keep an eye out for our new MSNS Bucks which will earn you a 5% discount off  purchases when presented to participating dealers at our shows. Not valid on purchases of strictly bullion items.

Appraising You Coin Collection By Kevin Flynn ©2015

Click On Book Cover To Read Or Download. Courtesy Of CoinZip

THE WHAT & WHYS OF COIN INVESTING:

By Greg Mencotti

Part One ~ Part Two

The first maxim of a good coin investment is that you sell it for more than your purchase price. Think about it – virtually every investment category or specific entity shares this maxim, and yet how can we know if we’re going to make a profit when we buy it?

Usually we don’t know. But we definitely can analyze potential purchases to skew our chances toward true profit. Attempting to quantify my chances of future profitability objectively (often difficult for a collector), the beast I’ve built considers these factors (in approximate order of importance): (Con't)

Mint announces pricing for two Breast Cancer Awareness commemoratives

The U.S. Mint has released pricing for two of the three Breast Cancer Awareness commemorative coins set to go on sale March 15.

The Jan. 30 Federal Register published prices for the Proof and Uncirculated versions of the silver dollar and copper-nickel clad half dollar.

Pricing for the pink gold $5 coins is not expected to be released until the week the coins go on sale.

For a 30-day introductory period from the initiation of sales, the silver dollar in the Proof version will be offered at $51.95 and in Uncirculated at $48.95. The regular issue prices add $5 to the price of each version.

Introductory pricing for the copper-nickel clad half dollar is set at $27.95 for the Proof coin and $25.95 for the Uncirculated version, with regular issue prices $5 higher for each version.

While gold $5 commemoratives are traditionally composed of 90 percent gold and 10 percent copper, the pink gold coins with be made of 85 percent gold, 14.8 percent copper and 0.2 percent zinc. The pink gold coins are to retain the same diameter of .900 fine gold coins at 0.85 inch, or 21.59 millimeters, and the same thickness at 1.75 millimeters, but will be 5.6 percent lighter at 6.741 grams.

Uncut sheets of Series 2017 $1 Federal Reserve notes are now on sale

EDITORIAL: I was invited to give a short program for OH-KAN Coin Club. What follows are the highlights.

A} "It is my considered opinion that most collectors keep too many of the some coins. EX: A half dozen 1863 silver three cent pieces. When more than one is added to holdings it takes away much needed resources  to acquire the coins needed to complete a collection for the most of us."

B} "There is only three good reasons to have a coin 'slabbed.' 1- To guarantee that the coin is genuine. 2- To establish a grade that will accepted by others. 3} To preserve the condition of coin of a high grade.

Slabbing modern uncirculated and proof coins is a waist of money. Rarely will one recover the cost when selling. Most dealers will only give melt value when offered slabbed silver or gold bullion pieces such as ASE's. Most will turn down the common material."

C} "Be aware when buying modern Canadian issues. There is rarely a secondary market since the Royal Canadian Mint in flooding the market with pseudo collectibles. They are producing half and three quarter silver coins selling way more than the silver value."

Cecil