The coins produced during the period of time in American history when the Western United States was being settled are some of the most sought after collectors coins for those who are Old West enthusiasts. Below is some information about three of the currently most sought after collectors coins from the Old West era. These coins can be a lot of fun to collect and can also yield a lot of money for those who have and sell the ones which have a high grade on the Sheldon scale.
Old West Carson City Half Eagles
The Half Eagles minted in the Carson City mint were made from gold. These coins were made from gold and came into existence as a direct result of the massive gold rush in the West. The most valuable of these collectors coins are the ones from the originally issue in 1870. Other dates which are sought after are the Carson City 1872, 1873, 1976, and 1878 Half Eagles.
One of the reasons as to why these coins have become so sought after, and valued so highly, is because of how rare they now are. By the best estimates from numismatics, or currency experts, only as little over 1 percent of all of the Carson City Half Eagles are in existence. This means that there are possibly only 9,000 of them available for collection.
Old West Carson City Double Eagle Coins
Carson City Double Eagles are another of the most sought after collectors coins today. The challenge for collectors when it comes to these coins is not finding different dates. Instead the challenge with these coins is finding them in good condition. This has caused for there to be a big push for selling these coins to promote their coins cleanliness and high grading, if they have it.
Another trend which has resulted from these coins becoming increasingly popular to collect is fraud. There are many people who sell these coins online and elsewhere with false grading or ones which are just outright fakes. This is why it is best to only buy these coins and any other coins from trusted coin dealers who are approved by one of the three recognized grading services which are PCGS, IGS, and NGC.
Carson City Morgan Sliver Dollars
The fact that Carson City Morgan Silver Dollars have becomes values collectors coins shows how time can change the opinion of the people. When there coins were first minted in 1870 they were widely unpopular with the public. These coins were thought to be ugly and too bulky to be convenient. Now these coins are some of the most sought after in the collectors market.
Many of these coins were stored in the United State Treasury. These coins had been forgotten about for almost 100 years. They were rediscovered in 1964 during an audit being conducted at the United States Treasury. The coins from the Treasury and others which have been found by collectors are extremely sought after and can have values from several hundred dollars to thousands of dollars.
Photo Credits: vvvracer
Originally posted 2010-08-16 06:41:55. Republished by Blog Post Promoter
Related posts:
- Get to Know the American Collectible Gold Coins Gold has always been a highly valuable commodity. It caused...
- 3 Interesting Facts about Mining Company Coins Collections In the late 1800’s to the mid-1900’s many American coal...