Coin Value Book - 1862 Edition
 

Metropolitan complete coin book. Containing perfect fac-similes of all the various gold, silver, and other metallic coins throughout the world, with the present United States mint value of each coin under it. Gold coins of the United States, and private coinage of Georgia, California, Utah, etc.

http://memory.loc.gov/rbc/rbpe/rbpe2...2300/001dq.gif

http://memory.loc.gov/rbc/rbpe/rbpe2...02300/002q.gif

http://memory.loc.gov/rbc/rbpe/rbpe2...02300/003q.gif

http://memory.loc.gov/rbc/rbpe/rbpe2...02300/004q.gif

Larger resolution images here: http://hdl.loc.gov/loc.rbc/rbpe.23402300

Re: Coin Value Book - 1862 Edition
 

A few interesting observations from the full resolution images:

I noticed that many of the privately minted coins weren't recognized to the full stamped value on the coin, for instance the California double eagles are valued at $19.20 and $19.90 respectively. This seems to tell me that these gold coins were known to be underweight back then.

You can see that the older US gold coins had a slightly higher value than face, due to the minor reduction in the standard amount of gold in US coinage which was enacted in 1834. This left the older gold coins with more gold than face value.

I also noticed that the indian head and flying eagle cents are called nickels on page 3. A typo perhaps?

Re: Coin Value Book - 1862 Edition
 

I couldn't help notice the
"all seeing eye" with a chefs hat(?) on it... and the inscription TO HIS HOLINESS

What coin is that? Anyone?

Re: Coin Value Book - 1862 Edition
 

That's a Mormon coin minted at the Utah mint in Salt Lake City, it was personally overseen by Brigham Young himself. It says "holiness to the Lord", which was a common Mormon phrase of the day. They're local issue coins, not government.

Re: Coin Value Book - 1862 Edition
 

Funny how a year later when the North was in serious trouble the $20 gold piece brought $260 in greenback fiat.

But that's just history.

My 1916 J.W. Scotts Standard Catalog No. 1 -

shows the entire 1850 to 1907 series of $20 gold at:

$25 for MS "ish" they called FINE

$30 for Proof

Boy, I wish the folks GONE BY THE WAYSIDE could have left a few for all of us! :ok:

They were about the same in 1939 catalog... the Depression... and the FED was not printing per Ben Bubbles enough.

Re: Coin Value Book - 1862 Edition
 

Very interesting!

Thanks for the post.

Re: Coin Value Book - 1862 Edition
 

^ my post was to madfranks...

Re: Coin Value Book - 1862 Edition
 

http://www.vernoncoincenter.com/stor...8&idcategory=0

MADFRANKS is one smart COOKIE!

:wink:

Re: Coin Value Book - 1862 Edition
 

Yes he his!

And if I had looked at pages 375 and 376 I would have seen that for myself!

I also would have known that the coin with the "eye and chefs hat" was the first coin of the twenty dollar denomination to be struck in the United States.

That particular coin fetching $75,000 in Fine according to the 2010 Red Book.

Neat stuff indeed.