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Taisei Coins Corporation [48] [49] April, 2011 $1,552,500 1894 10C United States Kagin's (1984) Stack's Bowers: October 2007 $1,527,500 1776 Continental Silver N-3D Prefed United States Boyd, Ford, Partrick Heritage Auctions: January 2015 $1,527,500 1797 O-101a 50C United States Brand, Curtis, Hepner, Rogers Sotheby's/Stack's Bowers: May 2015
1960's -1970's: Some circulating coins still used silver in their composition, such as 1965-70 Kennedy half dollar coins, which were debased from 90% silver to 40% silver. However, as silver's metal value continued to increase, resulting in additional hoarding by the public, these coins were eventually debased entirely to cupronickel clad coinage .
Bullion coins are government-minted, legal tender coins made of precious metals, such as gold, palladium, platinum, rhodium, and silver. They are kept as a store of value or an investment rather than used in day-to-day commerce. [1]
The coinage reform of 1816 set up a weight/value ratio and physical sizes for silver coins. Each troy ounce of sterling silver was henceforth minted into 66 pence or 5 1 ⁄ 2 shillings. In 1920, the silver content of all British coins was reduced from 92.5% to 50%, with some of the remainder consisting of manganese, which caused the coins to
The coins were struck in .900 fineness silver with milled edges, a thickness of 2.5 mm (0.098 in), a diameter of 36.9 mm (1.45 in), and a gross weight of 26.9 g (0.95 oz). [4] These coins were soon followed with another commemorative silver dollar series featuring Vice President Li Yuanhong struck at Wuchang mint. [2]
The Yen coin had 26.96 g of silver at that time, and otherwise nearly identical in design to the trade dollar. [1] 2,736,000 coins of this type were minted, the vast majority in 1876-77. [2] When Japan introduced the gold standard in 1897, the silver 1 yen coins, including the trade dollars, were demonetized. The majority of the trade dollars ...
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