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Gerald Tebben

Five Facts

Gerald Tebben

Gerald Tebben, a Coin World columnist for more than 30 years, also contributes to Coin World’s Coin Values and edits the Central States Numismatic Society’s journal, The Centinel. He collects coins that tell stories.

Coin World’s bloggers are not edited by Coin World’s editorial staff and blog posts reflect the views of the individual author.

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Archive for '2014'

    Santa's paper money: Collecting Christmas

    December 9, 2014 10:23 AM by

    'Twas the night before Christmas, when all through the house

    Not a creature was stirring, not even a mouse;

    The stockings were hung by the chimney with care,

    In hopes that St. Nicholas soon would be there;

    The children were nestled all snug in their beds;

    While visions of sugar-plums danced in their heads;

    And mamma in her 'kerchief, and I in my cap,

    Had just settled our brains for a long winter's nap,

    When out on the lawn there arose such a clatter,

    I sprang from my bed to see what was the matter.

    —Clement Clarke Moore’s A Visit from St. Nicholas

    The modern celebration of Christmas as a holiday, was formed in no small part on Dec. 23, 1823, when  A Visit from St. Nicholas, also know as The Night Before Christmas, was published in the Troy Sentinel in Troy, N.Y.

    The poem established that Santa Claus rode in a sleigh pulled by eight reindeer, magically rose up chimneys and carried a pack of toys for good little girls and boys.

    Images inspired by the poem were placed on notes issued by more than 20 banks in eight states before the Civil War, when federal bills replaced privately issued bank notes.

    One of the banks that issued Santa Claus notes was—not surprisingly—the Saint Nicholas Bank of New York City. When the bank became a National Bank during the Civil War it’s Santa vignettes dropped from circulation.

    The Saint Nicholas vignettes on bills show Santa riding his sleigh, getting ready to go up a chimney, tiptoeing past a sleeping child and smoking his pipe.

    “Since banks often chose vignettes that would lead customers to have faith in the bank, it is not surprising that Santa Claus vignettes were chosen by some banks to help acquire confidence and goodwill,” former Heritage Auctions cataloger Kathy Lawrence wrote in an introduction to the 2012 sale of Roger H. Durand Santa Claus Collection.

    She noted,  “The banks may have also hoped that customers would set a lower denomination note aside as a keepsake due to the Santa vignette as well.”

    The notes are wildly popular with paper money collectors, difficult to find and expensive. When the notes appear at auction, they regularly sell for thousands and tens of thousands of dollars.

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    Collecting Christmas: Dec. 25 business in Colonial New England

    December 1, 2014 4:08 PM by

    For preventing disorders, arising in several places within this jurisdiction by reason of some still observing such festivals as were superstitiously kept in other communities, to the great dishonor of God and offense of others: it is therefore ordered by this court and the authority thereof that whosoever shall be found observing any such day as Christmas or the like, either by forbearing of labor, feasting, or any other way, upon any such account as aforesaid, every such person so offending shall pay for every such offence five shilling as a fine to the county.   

    General Court, Massachusetts Bay Colony, May 11, 1659

    Christmas Day wasn’t always a day of celebration. Puritans considered winter revelry pagan and papist and outlawed celebrating the day, going so far as to fine offenders five shillings. (That fine in lightly circulated 1653-1660 Willow Tree shillings would be worth more than $1 million to collectors today.)

    Christmas Day was a regular workday in America in the 17th, 18th and early 19th centuries. Following the publication of Charles Dickens’ A Christmas Carol and America’s embrace of Santa Claus and the Christmas tree in the mid-1800s the holiday took its now familiar form. It did not become a federal holiday until 1870.

    Christmas wasn’t banned in colonial New Hampshire in the early 1700s, but it wasn’t kept well, either. It was just another day.

    On Dec. 25, 1734, a group of 18 merchants and a “great number” of leading citizens of Portsmouth, N.H., issued 6,000 pounds worth of interest-bearing paper money. The bills, issued in denominations of 1, 2, 5, 7 and 10 shillings, paid 1 percent interest and were redeemable on Christmas Day, 1746.

    In Early Paper Money of AmericaEric P. Newman writes the bills were issued after the Crown forbade further paper money issues. However, the bills were not universally accepted. Boston merchants pledged not to accept the bills. Massachusetts prohibited their circulation, under a penalty of a 21 shillings fine. Even the governor of the province inveighed against them.

    Today these relics from a time when Christmas wasn’t a day of celebration are scarce and expensive. On the rare day that one appears at auction, it sells for thousands of dollars. In 2005, Stack’s sold a Fine – Very Fine 1 shilling note for $9,500.

    Next: Santa’s paper money

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    Why the common Indian cent is 'a worthy gift of the magi': Collecting Christmas

    November 19, 2014 2:21 PM by

    One dollar and eighty-seven cents. That was all. And sixty cents of it was in pennies. Pennies saved one and two at a time by bulldozing the grocer and the vegetable man and the butcher until one's cheeks burned with the silent imputation of parsimony that such close dealing implied. Three times Della counted it. One dollar and eighty-seven cents. And the next day would be Christmas. 

    O. Henry’s The Gift of the Magi

    O. Henry began his Christmas tale The Gift of the Magi on a numismatic note.  The short story appeared in the Dec. 10, 1905, edition of The New York Sunday World.

    Della famously sells her hair to buy a $21 platinum fob for Jim’s watch, and Jim sells his watch to buy a comb for Della’s hair.

    O. Henry ended the tale: “The magi, as you know, were wise men – wonderfully wise men – who brought gifts to the new-born King of the Jews in the manger. They invented the art of giving Christmas presents. Being wise, their gifts were no doubt wise ones, possibly bearing the privilege of exchange in case of duplication. And here I have lamely related to you the uneventful chronicle of two foolish children in a flat who most unwisely sacrificed for each other the greatest treasures of their house. But in a last word to the wise of these days let it be said that of all who give gifts these two were the wisest. Of all who give and receive gifts, such as they are wisest. Everywhere they are wisest. They are the Magi.”

    With a mintage of 80.7 million the 1905 Indian cent is a common coin. In Good condition, it lists for $1.50 in Coin Values. Uncirculated examples start at $30. Every one is a Christmas coin and a worthy gift of the magi.

    The lowly coin is both a symbol of the enduring power of love and the yuletide.

    Next:  Christmas day business in Colonial New England

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    What did Scrooge use to pay Bob Cratchit?: Collecting Christmas

    November 12, 2014 11:06 AM by

    “You'll want all day tomorrow, I suppose?'' said Scrooge.

    “If quite convenient, Sir.''

    “It's not convenient,'' said Scrooge, “and it's not fair. If I was to stop half-a-crown for it, you'd think yourself ill-used, I'll be bound?''

    The clerk smiled faintly.

    “And yet,'' said Scrooge, “you don't think me ill-used, when I pay a day's wages for no work.''

    The clerk observed that it was only once a year.

    “A poor excuse for picking a man's pocket every twenty-fifth of December!'' said Scrooge, buttoning his great-coat to the chin. “But I suppose you must have the whole day. Be here all the earlier next morning!’' 

    – Charles Dickens’ A Christmas Carol

    Ebenezer Scrooge, “a squeezing, wrenching, grasping, scraping, clutching, covetous old sinner,” paid his long-suffering clerk Bob Cratchit a pittance – just half a crown a day.

    That famous fictional half crown was a middling size silver coin that showed a king or queen on the obverse and the English shield on the reverse. The Tower Mint in London struck 455,000 half crowns in 1843, the year Charles Dickens wrote A Christmas Carol. Each showed a young Queen Victoria on the obverse.

    The half crown (2 shillings, 6 pence) was the equivalent of about 60 cents in U.S. coin at the time. During a period know as the Hungry Forties in England, Cratchit’s wage of 15 shillings a week enabled him to cling precariously to the bottom run of the middle class. Wages were so depressed during the Industrial Revolution that landowners were know to hire men (at 9 pence a day) to dig fields because it was cheaper than plowing with horses.

    The half crown reappears toward the end of Dickens’ Carol when a transformed Scrooge offers an “intelligent, remarkable and delightful boy” a half crown if he brings back the poulterer in less than five minutes.

    British 1843 half crowns catalog for $225 in Fine condition and $4,125 in Uncirculated.  While they can be a bit pricey, the coin is THE Christmas coin of the 19th century.

    Next:  20th century gifts of the magi

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    Collecting Christmas: Start with a Roman coin circulated around the time Jesus was born

    November 6, 2014 3:39 PM by

    Collectors are blessed when it comes to Christmas. The hobby provides a multitude of possible gifts to give and receive. There are also numerous numismatic objects that are touched by and reflect the sprit of the season. Some date from the time of the birth of Christ. Others are associated with the holiday’s celebration over the centuries.

    For the next five weeks, this blog will be my Christmas present to you. In it I’ll detail five items – three coins and two pieces of paper money – that bask in the glow of the season. Their values range from as little as $1.50 for a cent associated with the gifts of the magi to $10,000 for piece of paper money dated Dec. 25 in a year the holiday was not celebrated. Each would make a fine present.

    The first item is a coin of Caesar Augustus.

    And it came to pass in those days, that there went out a decree from Caesar Augustus that all the world should be taxed.

    (And this taxing was first made when Cyrenius was governor of Syria.)

    And all went to be taxed, every one into his own city.

    And Joseph also went up from Galilee, out of the city of Nazareth, into Judaea, unto the city of David, which is called Bethlehem; (because he was of the house and lineage of David:)

    To be taxed with Mary his espoused wife, being great with child.

    And so it was, that, while they were there, the days were accomplished that she should be delivered.

    And she brought forth her firstborn son, and wrapped him in swaddling clothes, and laid him in a manger; because there was no room for them in the inn.  – Luke 2:1-7

    The coinage of Caesar Augustus is intimately connected to the birth of Jesus Christ. 

    Augustus, who ruled Rome and its provinces from 27 B.C. to A.D. 14, is named in the first line of Luke’s account of the nativity. His coinage circulated throughout the empire, and it’s not inconceivable that the magi’s gift of gold included an aureus of Augustus.

    While ancient coins do not bear calendar-year dates, collectors can be fairly certain that lifetime issues of Augustus with the abbreviation “PP” or words “PATER PATRIAE” in the legend were issued during Jesus’ childhood. The Senate awarded the title "Father of the Country” to Augustus in 2 B.C. Most of his coins bear his bust on the obverse – giving dimension to man named in the first line of Luke’s famous account.

    Augustus’ coinage is plentiful and inexpensive. With a little searching, circulated bronze and silver coins bearing his portrait can be obtained for less than $100.

    Next: Bob Cratchit’s pay

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    Five sure-five ways to make money in coins: cherrypicking

    October 21, 2014 3:13 PM by

    Here’s my fifth and last sure-fire way to make money in coins.

    Check out the first four here:  

    Cherrypicking. Knowledge is king in collecting. An investor who specializes in a series, especially early coppers, Seated Liberty coins and Morgan dollars, can find rare coins going for a fraction of their value on eBay, in national auctions and in dealer stock on the bourse floor. Knowing varieties and die states can be immediately and immensely profitable.

    Years ago, astute collectors maintained personal notebooks detailing rare varieties. For the most part, that’s no longer necessary.

    Large cent collectors have William H. Sheldon’s Penny Whimsy and Walter Breen's Encyclopedia of Early US Cents 1793–1814.

    Morgan dollar collectors have The Comprehensive Catalog and Encyclopedia of Morgan & Peace Dollars by Leroy C. Van Allen and A. George Mallis.

    The Cherrypickers' Guide to Rare Die Varieties of United States Coins by Bill Fivaz and J.T. Stanton covers many other denominations.

    The trick to cherrypicking is finding value hiding in plain sight.

    Rare coins are regularly picked from junk boxes, bourse display cases and even national auctions.

    Last year a collector bought the third-known example of a scarce 1794 Liberty Cap, Head of 1794 cent variety (NC-11) unattributed from a dealer’s display case on the floor of the gigantic Whitman Coin & Collectibles Philadelphia Expo.

    Fellow Coin World columnist and silver dollar variety expert John Roberts is locally famous in Columbus, Ohio, for plucking a $1,000 VAM variety from a local auction for common-coin money.

    In addition to money, successful cherrypicking gives the collector bragging rights. Cherrypicking stories regularly appear in Coin World and online at several websites. Probably of all the ways to make money in rare coins it’s the most fun. And that, at base, is what coin collecting is all about.


    October 15, 2014 10:27 AM by

    Here’s my fourth sure-fire way to make money in coins.

    Check out the first three here:  

    Buy coins with a large collector base. Some blue chips are too blue to actually be blue chips.  As the price of a coin increases into the tens and hundreds of thousands the number of possible buyers thins, sometimes to next to nothing. Several very rare, very desirable coins have sold for hundreds of thousands one year and gone begging for a buyer at half that price a year or two later.

    While gains for extreme rarities can be great, their loses can be catastrophic. One of the first collectors to realize this was famed 19th century Boston bean baker Lorin G. Parmelee. In 1870 he paid $700 for a Class I 1804 silver dollar.  When he cashed out in 1890, the King of American Coins, fetched just $570 at auction.  That coin hasn’t been sold since.Buyer Byron Reed willed it to the city of Omaha. It’s the centerpiece of the Reed gallery in that city’s Durham Museum.

    A more recent example is the 1850 Proof Seated Liberty quarter. Three are known. The finest, graded Proof 68 by NGC, sold for a breathtaking $460,000 at the January 2008 FUN show.

    Five years later, at last year’s Aug. 8, 2013, Heritage Auctions U.S. Coins Signature Auction, the coin sold for $258,500. In June, Heritage sold the same coin again, this time for just $223,250.

    If the only other guy interested in a very expensive coin is out on his yacht the day you sell your coin at auction, the price is goingto plummet. Look for coins that are affordable by the average collector.

    Next: Cherrypicking

    Five sure-fire ways to make money in coins: Watch inflection points

    October 6, 2014 11:38 AM by

    Below is my third sure-fire way to make money in coins.

    Check out the first two here: 



    Buy on the downgrade side of rising inflection points.  Many coins have an inflection point – a grade where increasing demand pushes up the retail price dramatically from the next lower grade, often doubling it.  In a rising market, that inflection point moves down grade. Predicting where it will go can lead to profits.

    If demand for a series is increasing, more and more collectors are chasing a fixed number of coins.  When there are more collectors than coins in a desirable grade, price pressure builds on the next lower grade.

    The action first appears in the intermediate grades.  An Extra Fine 40 coin may rise a bit in value, but interest intensifies in Very Fine 30 coins, then 25s.  Like a wave, the value hike rolls down through the grades until it hits the next resistance point, in this case Very Fine 20.

    In Seated Liberty coins, for example, most of the action is between VF-20 and EF-40. Coins graded 25, 30 and 35 are ripe for profit making. It’s hard to tell when it’s happening. The movement is neither smooth nor obvious. 

    Curiously the value of higher grade coins, especially uncirculated coins, may not move much, if at all.  The market perceives that higher grade coins are already valued fairly, but lower grade coins are not.  As the market moves to correct the perceived imbalance, prices rise in lower grades

    Think of this as a numismatic analog to stock market momentum investing.

    Next: Too blue blue chips

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    Five sure-fire ways to make money in coins: Buy blue chips

    September 30, 2014 2:34 PM by

    After introducing the topic and discussing the first sure-fire way to make money in coins, buying and holding, here’s my second sure-fire tip.

    Buy blue chips. Look for coins that have a large market base and show a long period of sustained appreciation. Blue chips are key coins in popularly collected series. Think 1909-S VDB Lincoln cents, 1916 Standing Liberty quarters and 1893-S Morgan dollars. Year in and year out blue chips go up in value, and they go up in all grades.

    Just about every American collector has started a date-and-mint-mark collection of Lincoln cents at some point. The final five holes – 1909-S, 1909-S VDB, 1914-D, 1922 plain and 1931-S – though, are a stumbling block. Every collector wants to fill them, but many are deterred by price.

    The five key coins, at least in circulated grades, hold the series’ value. Some have been on collectors’ wish lists for more than a century. There is tremendous demand for them. Just about every year they go up in value, regardless of what the bullion market is doing, regardless, to a large part, of what the general economy is doing.

    If Warren Buffett collected coins, he’d collect blue chips. Collecting key coins is as close to Buffet’s signature “value” investing as a collector can get.

    One caution about coins that appear to be blue chips, but are not. The value of a blue chip coin is based on genuine scarcity and genuine demand. If enough examples of a coin exist for it to be promoted on TV or in ads, then it’s too common to be a blue chip. Its value will disappear as soon as the advertising stops.

    Next:  Inflection points

    Five sure-fire ways to make money in coins: Buy and hold

    September 23, 2014 3:51 PM by

    After introducing the topic in my last post, here’s my first sure-fire way to make money in coins.

    Buy and hold. This classic stock advice applies to coins, too.  Pick a good coin and hold on to it.  

    While there are notable exceptions (1950-D nickels, for example, are worth less now than they were 50 years ago), coins in the long run tend to go up in value, sometimes spectacularly.

    In 1950 famed collector Louis E. Eliasberg Sr. spent $4,000 for the unique 1873-CC half dime, the capstone of his collection. In May 1996, the coin sold for $550,000.

    If Eliasberg had placed the money in a 3 percent passbook savings account, his estate would have amassed $15,580 by 1996.  The same amount invested in stocks in 1950 (using the Dow Jones Industrial Average as a proxy) would have grown to $116,000 by May 22, 1996.

    While that coin outshines just about everything else, run-of-the-mill collector coins tend to go up year after year, too If you compare a Red Book from 2004 with this year’s, you’ll find few negatives. The farther back you go, the larger and more numerous the positives.

    In 1976, a 1909-S VDB cent cataloged for $115 in Good condition. Today it catalogs for $750.

    Keep in mind, though, that you’re paying retail prices for coins (even if the seller claims he’s selling at wholesale) and that you’ll have to hold on to the coin long enough to cover the spread (figure 30 percent) between wholesale and retail before turning a profit.

    Next:  Buy blue chips

    Five sure-fire ways to make money in coins

    September 19, 2014 9:19 AM by
    Investing in coins is a little different from investing in stocks. Though, some of the same principles apply. Here are five sure-fire ways to make money in coins.

    But, first here’s an overview of the differences between stocks and numismatic investments.

    Stocks are productive assets. Coins are non-productive assets.

    A stock’s value is based largely on how much money the company earns. Investors buy a company’s stock based on such measurable things as the company’s price-to-earnings ratio and how well the company is doing in comparison to other companies in its sector.

    Coins, on the other hand, are valued solely on the interplay of supply and demand.  Supply, for the most part, is fixed and known; demand is neither.

    A coin goes up in value only when more people want one now than did before. Numismatic investments are not made on the basis of a rational evaluation of metrics, but rather on a gut feeling – sometimes a guided gut feeling - that more people will want a given coin tomorrow than do today. Economists call this the greater fool theory. The purchaser is a fool who believes a greater fool will come along and pay him more than he paid for the asset.

    NEXT POST: Buy and hold.

    Five U.S. numismatic nudes

    September 2, 2014 11:41 AM by

    Nudes full and partial abound in art and sometimes on United States coins, medals and paper money.

    Here are five U.S. numismatic naughties:

    Bare Breast Standing Liberty quarter. Beloved by 15-year-old boys everywhere, the Standing Liberty quarter dollar issued in 1916 and early 1917 shows Liberty holding a shield and baring a breast. Researcher Walter Breen claimed in his Complete Encyclopedia of U.S. and Colonial Coins that the design was modified in 1917 to cover the offending breast because of pressure from Anthony Comstock’s New York Society for the Suppression of Vice, a morality police that disbanded in 1950. Coins issued from mid-1917 on show chainmail over the offending breast.

    U.S. Diplomatic medal. This U.S. Mint medal, designed by Thomas Jefferson shows a bare-breasted Indian maiden representing Peace welcoming a nude male Mercury, representing Commerce, to America. Jefferson commissioned famed French engraver Augustin Dupre to produce the medal “as a medal to be given to diplomatic characters on their taking leave of us.” The State Department discontinued use of the medal in 1791 but bronze copies have periodically been available from the U.S. Mint over the centuries.  It is currently listed as “sold out” on the Mint’s website.

    $5 Educational bill. This 1896 silver certificate, part of the 1890s Educational Series, shows an allegorical scene titled  “Electricity Presenting Light to the World. “ Electricity is holding a gleaming light bulb above her head and baring a breast.  Breen claimed that Comstock objected to these items, too, and forced their recall. Some sources, too, claim Boston bankers refused to accept the bill, giving rise to the expression, “Banned in Boston.” Both claims are likely hokum but make for good stories

    1984 Olympic commemorative silver dollar. The obverse of the coin shows naked male and female torso statues above the entrance to the Los Angeles Olympic stadium.  How naked, though, is up in the air.  Mint Director Donna Pope said the artists submitted very explicit plaster models.  She called Bill Smith, the Philadelphia Mint’s head of production, and told him “in rather specific terms ‘to lower the relief on a certain portion of the male torso.’ The coin we all dreaded didn’t look that terrible.”

    1915 S Panama-Pacific International Exposition half dollar.  The obverse, designed by Chief Engraver Charles E. Barber, shows a representation of Columbia scattering flowers and the back of a naked cherub holding a cornucopia.  The design reprises one Morgan created for the reverse of the 1907 U.S. Mint medal marking the departure of the Great White Fleet for its around-the-world cruise to show the flag and American might.

    Five valuable firsts from the Mint

    August 20, 2014 1:39 PM by

    The $100,000 gold Kennedy half dollar raised eyebrows in and outside the hobby. The coin’s claim to fame is that it is the first gold Kennedy SOLD by the United States Mint.  

    Mint firsts have commanded attention and sometimes big bucks for more than a century. Here are five Mint firsts, started with the latest.

    2014 – Los Angeles collector Nick Yadgarov was first in line Aug. 5 when the gold Kennedy half dollar went on sale at the American Numismatic Association World's Fair of Money. He paid the $1,240 issue price for the first piece and promptly sold it to David Hendrickson from SilverTowne and California dealer Kevin Lipton for $5,000 plus a replacement coin.  The pair had the coin slabbed Proof 70 Deep Cameo by Professional Coin Grading Service and sold it two days later to an unidentified collector for the eye-popping figure of $100,000. 

    2000 – In 1999 as the Mint geared up production and promotion of the Sacagawea dollars, West Point struck 12 gold specimens and Philadelphia struck 5,500 gold-colored copper pieces, all dated 2000. The gold coins traveled aboard a July 1999 space shuttle mission as a publicity stunt.  They are currently stored at the Fort Knox Gold Bullion Depository in Kentucky. The gold-colored copper pieces were struck on the same planchets as later strikes but have different tail-feather detail than later coins.  The coins, which were distributed in Cheerios cereal boxes to publicize the new dollars, are differentiated from later strikes by a raised center line in the tail feather shaft.  These “first” coins fetch about $6,000 at auction. 

    1964 – While production of Kennedy half dollars actually started quietly weeks before, first strike ceremonies were conducted simultaneously in Philadelphia and Denver on Feb. 11. The first four coins struck at each mint during the ceremonies were given to President Johnson, who presented them to the late president’s widow,  Jacqueline. The coins, which have dropped out of sight, are likely impounded in a museum.  On the market, the Kennedy connection would make them priceless, even though they were not actually the first half dollars struck. 

    1892 – At 10 a.m. Nov. 19, Philadelphia Mint foreman Albert Downing, under the watchful eye of Chief Engraver Charles Barber placed a silver planchet in a coining press and pulled a lever to strike the first Columbian Exposition commemorative half dollar.  “Unfortunately, the first attempt was a failure,” the New York Times reported the following day. The coin was rejected because of a flaw and, The Times reported,  it was “battered” with a hammer and consigned to the scrap box.  The second coin struck was better. It was placed in a box with a certificate of authenticity signed by Mint Superintendent O.C. Bosbyshell claiming it was in fact the first coin struck.

    The official first coin struck was sold to Wyckoff, Seamans & Benedict, makers of the Remington typewriter (a primitive analog word processor) for the incredible sum of $10,000. Q. David Bowers in his Commemorative Coins of the United States estimates the sum was about equal to a common worker’s lifetime earnings. The coin was donated to the Columbian Museum, now the Field Museum of Natural History. At auction, the coin would undoubtedly attract a terrific sum.  While most Columbian half dollars are worth very little, high grade Proofs have topped $40,000.

    1878 – About 3 p.m. March 11, 1878, the first Morgan dollar was produced at the Philadelphia Mint by Downing. This coin, too, proved flawed and was discarded.  A second “first” coin was produced at 3:17 p.m. and set aside for President Rutherford B. Hayes.  The coin, an 8-tail feather VAM-9 (Comprehensive Catalogue and Encyclopedia of U.S. Morgan and Peace Silver Dollars by Leroy Van Allen and A. George Mallis), is permanently impounded in the Rutherford B. Hayes Museum in Fremont, Ohio. It, too, is an incredibly valuable coin in a hyperhot series. Its value is likely several times over that of the $100,000 gold Kennedy half.