Thursday, November 12, 2015

Coin Profiles: US Twenty Cent Coin

Coin collecting is a hobby that has stood the test of time. Often called as numismatics, people all over the world have fallen in love with collecting coins that tell a story or has more perceived value than what meets the eye.
In old manuscripts about the Roman Empire, it was depicted that Emperor Augustus collected coins that were old and foreign to his land. It can be said that this hobby was only afforded by royalty as it was not cheap to buy and trade these coins.
As years go by, the hobby of collecting coins has gone widespread, reaching almost every nook and cranny. Most beginners would start with affordable coins and once their collection grows, move up to collecting those that has more than just face value.
One of the more interesting coins that numismatists, or people who collect coins, look for is the US Twenty-cent piece. This coin was struck from 1875 to 1878. Quite amusing is the fact that the last two years when these coins are produced were reserved only for coin collectors!
This coin has proven to be quite a failure because it was confused for the already existing quarter dollar coin during that time. The two coins looked identical in size with the twenty-cent piece measuring 22 mm and quarter coin at 24.3 mm. Both coins feature the Liberty Seated design on their obverse or front sides and an almost same eagle on its reverse side. This resulted to poor demand, which prompted the abolishment of this certain coin by 1878.
The US Twenty-cent piece was designed by William Barber and weighed 5 grams. It is composed of 90% silver and 10% copper. More than its metal composition, this coin is more memorable for its history, being one of the coins with the shortest mintages in the history of America.
As you see, there are a lot of things that you can learn about culture, history, and the people behind the minting of coins in different parts of the world. That is the reason why coin-collecting is not only a hobby but a tool on preserving a little piece of history in our hands.
If you want to start on your first coin collection or wanting to grow your current one, it is important to have a reliable partner who can help you expand your hobby further. Colonial Acres Coins has been in the industry for more than two decades of helping people find that prized coin that will complete their collection or to provide resources for those who want to start on the craft. If you want to start on numismatics, visit Colonial Acres today and learn the tricks of the trade the fastest way!

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