coin experts survey 2015: infographic

1
of experts say that the penny will be phased out by year Do you think the Penny will ever be phased out? If so, what year? 2026 56% Will there ever be a new denomination? If so, what amount? of experts say the U.S. Mint will never introduce a new denomination say that a new denomination will be one of the following $5 COIN $200 BILL 70% 30% 15% 15% What President deserves his own denomination? 41% 30% 11% 6% 4% 4% 4% REAGAN T. ROOSEVELT TRUMAN A. JOHNSON CLINTON J. ADAMS HOOVER Which coin/bill will the US Mint bring back into mass circulation? $2 BILL SUSAN B ANYTHONY DOLLAR SACAGAWEA DOLLAR KENNEDY HALF DOLLAR NONE 44% 28% 12% 8% 8% What is the most overvalued coin on the market? 19% of experts stated: Morgan Dollars What is the most undervalued coin on the market? 13% of experts stated: 3 Cent coin • Silver dollar coin minted from 1897-1904, then again in 1921 • Named after its designer US Mint engraver George T Morgan • Production stopped when silver reserves were depleted in 1904 • In 1960’s, many uncirculated Morgan dollars were released from Treasury vaults Why overvalued? • Actual course silver has value of $14 per ounce 500 million Morgans were minted and not one MS70 Mint State perfect exists today • George Morgan was a well known sculptor, and his designs was chosen over other more accomplished artists Jesse James, Annie Oakley, Billy the Kid, and Wyatt Erp all were known to use Morgans 1893 Morgan Silver Dollar 1881 Morgan Silver Dollar Ms65 1868 3 cent silver proof coin Carson City Morgan Dollar Reverse • Minted from 1851-1889 • Originally proposed due to postage rates dropping to 3 cents • Officially the lightest weight coins ever minted by the US • Referred to as ‘Trimes’ Why undervalued? • Only minted for 39 years • Obsolete for 125 years • Many coins from the same era are trading for more money What is the hardest coin to locate? 26% of experts stated: The 1913 Liberty Nickel • First struck between 1912 & 1913 • U.S. Mint has no official record of any Liberty Head Nickel production that year • In 1920, Samuel Brown announced that he possessed all five coins • Numismatic community was intrigued and suspicious • It was discovered that Brown was Mint employee in 1913 • In 1972, it became the first coin to sell for over $100k • In 2010, one sold for $3.7 million at public auction Other coins receiving votes: 1909-0 Barber Quarter 1804 Silver Dollar What is your favorite coin? What is your favorite coin series? Numismatists listed many coins, including the following: Roman Republican denarii -L. Titurius L.f. Sabinus 1804 Silver Dollar 1904 Indian Penny 1955 Double Die Lincoln Penny 1732 Pillar Dollar 1879 $4 Stella 1946 Iowa Statehood Centennial Commemorative Half Dollar MISCELLANEOUS 17% 14% 10% 7% 7% 45% LIBERTY NICKELS, QUARTERS, HALVES, & DOLLARS LINCOLN PENNIES MORGAN DOLLARS BARBER (QUARTERS & DOLLARS) KENNEDY HALF DOLLARS If you didn’t collect coins, what would you collect? 44% 16% 10% 10% 10% STAMPS BOTTLES ANTIQUE GUNS SPACE FLIGHT MEMORABILIA ART MISC 10% Hot Wheels Vintage Trains Postcards Autographs

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of experts say thatthe penny will bephased out by year

Do you think the Penny will everbe phased out? If so, what year?

202656%

Will there ever be a new denomination?If so, what amount?

of experts say the U.S. Mint will never introduce a new denomination

say that a new denomination will be one of the following

$5 COIN$200 BILL

70%30%

15% 15%

What President deserves hisown denomination?

41% 30% 11% 6% 4% 4% 4%REAGAN T. ROOSEVELT TRUMAN A. JOHNSON CLINTON J. ADAMS HOOVER

Which coin/bill will theUS Mint bring backinto mass circulation?

$2 BILL SUSAN B ANYTHONYDOLLAR

SACAGAWEADOLLAR

KENNEDYHALF DOLLAR

NONE

44%

28%

12%

8% 8%

What is the mostovervalued coinon the market?

19%of experts

stated:MorganDollars

What is the most undervalued coinon the market?

13%of experts

stated:3 Centcoin

• Silver dollar coin minted from 1897-1904, then again in 1921• Named after its designer US Mint engraver George T Morgan• Production stopped when silver reserves were depleted in 1904• In 1960’s, many uncirculated Morgan dollars were released from Treasury vaults

Why overvalued?

• Actual course silver has value of $14 per ounce• 500 million Morgans were minted and not one MS70 Mint State perfect exists today• George Morgan was a well known sculptor, and his designs was chosen over other more accomplished artists• Jesse James, Annie Oakley, Billy the Kid, and Wyatt Erp all were known to use Morgans

1893 MorganSilver Dollar

1881 MorganSilver Dollar Ms65

1868 3 cent silver proof coin

Carson City MorganDollar Reverse

• Minted from 1851-1889• Originally proposed due to postage rates dropping to 3 cents• Officially the lightest weight coins ever minted by the US• Referred to as ‘Trimes’

Why undervalued?

• Only minted for 39 years• Obsolete for 125 years• Many coins from the same era are trading for more money

What is the hardest coin to locate?

26%of experts stated:

The 1913Liberty Nickel

• First struck between 1912 & 1913• U.S. Mint has no o�cial record of any Liberty Head Nickel production that year• In 1920, Samuel Brown announced that he possessed all five coins• Numismatic community was intrigued and suspicious• It was discovered that Brown was Mint employee in 1913• In 1972, it became the first coin to sell for over $100k• In 2010, one sold for $3.7 million at public auction

Other coins receiving votes:

1909-0 Barber Quarter 1804 Silver Dollar

What is your favorite coin?

What is your favorite coin series?

Numismatists listed many coins, including the following:

RomanRepublican

denarii-L. Titurius L.f.

Sabinus

1804 Silver Dollar 1904 Indian Penny 1955 DoubleDie Lincoln

Penny

1732 Pillar Dollar 1879 $4 Stella

1946 Iowa StatehoodCentennial

CommemorativeHalf Dollar

MISCELLANEOUS

17%

14%

10%

7% 7%

45%

LIBERTY NICKELS, QUARTERS, HALVES, & DOLLARS

LINCOLNPENNIES

MORGANDOLLARS

BARBER(QUARTERS & DOLLARS)

KENNEDYHALF DOLLARS

If youdidn’t collectcoins, whatwould you

collect?

44%16%

10%

10%

10%

STAMPS

BOTTLES

ANTIQUEGUNS

SPACE FLIGHTMEMORABILIA

ART

MISC

10%

Hot Wheels

Vintage Trains

Postcards

Autographs