Archive for May, 2009

Has Congress caused coin fatigue amongst collectors?

The New York Times suggests that the proliferation of new US coin designs in the last few years is creating coin fatigue amongst both the general public and collectors.  Citing the lack of interest in the national parks quarter series, the paper suggests Congress is to blame and calls for designs to be stable for at least a decade.

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1804 Silver Dollar obverse

An 1804 Adams-Carter silver dollar (only 15 are believed to exist) went for $2.3 million in Cincinnati on 30 April – half a million or so less than might have been expected last year. Listed by Coin Values magazine as the world’s seventh-most valuable coin, the silver dollars weren’t ever circulated but were originally created as gift sets to be presented to rulers in Asia in exchange for trade advantages..

Cincinnati.com has the full story including the seller’s motives for disposing of the coin.

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