Search found 616 matches

by RogerB
Tue Nov 12, 2019 2:37 am
Forum: Discussion Forum
Topic: Another Treasury Bags Hoard (All O)...
Replies: 18
Views: 3966

Re: Another Treasury Bags Hoard (All O)...

Treasury did the rebagging when the coins were returned, and gave out the same coins to purchasers. (The book mentions just a few who did this including Harry Foreman from Philadelphia.)
by RogerB
Mon Nov 11, 2019 7:08 pm
Forum: Discussion Forum
Topic: Another Treasury Bags Hoard (All O)...
Replies: 18
Views: 3966

Re: Another Treasury Bags Hoard (All O)...

From examining original bags many years ago, each bag seemed to contain coins from only 2 presses - hence, most would have two varieties in a bag. The ones I saw were in New Orleans & San Francisco & Philadelphia Mint bags and not repackaged. Also, hundreds of bags were purchased from treasury, exam...
by RogerB
Sat Nov 09, 2019 2:12 pm
Forum: Discussion Forum
Topic: Microscope or a set of Bellows?
Replies: 15
Views: 3718

Re: Microscope or a set of Bellows?

The top photo shows how to make "new scribbles" on 1921 dollars.
:)
by RogerB
Sat Nov 09, 2019 4:18 am
Forum: Discussion Forum
Topic: Another Treasury Bags Hoard (All O)...
Replies: 18
Views: 3966

Re: Another Treasury Bags Hoard (All O)...

OK....for those who want the BH extreme --- $13,000 in Dec 1962 would have bought 1,733 shares of Berkshire Hathaway @ $7.50/share. The closing price today was $331,526 per share. That means $13,000 invested in Berkshire Hathaway and held to today would be worth -- $574,534,558 --- yep, that's over ...
by RogerB
Sat Nov 09, 2019 4:10 am
Forum: Discussion Forum
Topic: Another Treasury Bags Hoard (All O)...
Replies: 18
Views: 3966

Re: Another Treasury Bags Hoard (All O)...

U.S. Treasury records show fairly large annual purchases of silver dollars by banks in Montana, Idaho, Nevada and parts of other western states. Most of these coins likely did not end up in circulation or gambling devices. The $13,000 paid by the owner for these bogs (assuming 1960 purchase) would n...
by RogerB
Sat Nov 09, 2019 12:54 am
Forum: Discussion Forum
Topic: Mint Correspondence regarding 79-S Rev. of 78
Replies: 19
Views: 4199

Re: Mint Correspondence regarding 79-S Rev. of 78

RE: "We do not have San Francisco Coining Department data or internal correspondence. Maybe it is is San Bruno NARA...? We also lack statements by W. Barber and the Coiner at Philadelphia that were copied and sent to Dodge." I've asked a collector/author in that area to check NARA at San Bruno. no g...
by RogerB
Fri Nov 08, 2019 4:36 pm
Forum: Discussion Forum
Topic: Mint Correspondence regarding 79-S Rev. of 78
Replies: 19
Views: 4199

Re: Mint Correspondence regarding 79-S Rev. of 78

Brian and I have discussed the data, and will likely continue this. The piling height is something of confusion. In one letter Spt. Dodge points out a height difference of one coin between 1878-S and 1879-S. Yet is own measurements are within 1/32-inch of those provided by Mint HQ including a compre...
by RogerB
Thu Nov 07, 2019 12:44 am
Forum: Discussion Forum
Topic: Mint Correspondence regarding 79-S Rev. of 78
Replies: 19
Views: 4199

Re: Mint Correspondence regarding 79-S Rev. of 78

Thanks! There are gaps in correspondence caused by missing letters, or absence of internal Philadelphia Mint information. The idea of stockpiling unhardened 1879 dies is reasonable, especially when we recall that a great many 1880 dies for all mints were actually re-dated dies from 1879. It will hav...
by RogerB
Wed Nov 06, 2019 8:40 pm
Forum: Discussion Forum
Topic: Mint Correspondence regarding 79-S Rev. of 78
Replies: 19
Views: 4199

Re: Mint Correspondence regarding 79-S Rev. of 78

Does anyone have high quality images of 1879-S 7TF rev'79 and 1878-S details showing key differences between the two hubs? I would like to use a collector's photos in an article. Full credit line will be provided.

Thanks!

Roger B
by RogerB
Wed Nov 06, 2019 12:51 pm
Forum: Discussion Forum
Topic: Cost of shipping bullion and coins - Western Mints
Replies: 4
Views: 1288

Re: Cost of shipping bullion and coins - Western Mints

These "fair copy" letters were written by a clerk who copied from the final original letter before it was sent. They were recorded in large 500-page journals. Applicants for a clerk's position in Government offices had to pass a penmanship test in addition to various accounting, filing, shorthand an...
by RogerB
Tue Nov 05, 2019 2:56 pm
Forum: Discussion Forum
Topic: Cost of shipping bullion and coins - Western Mints
Replies: 4
Views: 1288

Cost of shipping bullion and coins - Western Mints

The expenses of shipping bullion and coins were major factors in the output of San Francisco and Carson Mints. Here is a letter from mint director Linderman complaining about Adams Express Co.'s proposed rate, and an excerpt showing the same company's charge for getting bullion from Helena, Montana ...
by RogerB
Tue Nov 05, 2019 2:09 pm
Forum: Discussion Forum
Topic: Carson Mint - Low production in 1879
Replies: 8
Views: 2206

Re: Carson Mint - Low production in 1879

In 1878 the western silver producers tried to force the US Mint to pay higher prices for silver bullion than were normal in the east. Producers wanted the London market rate plus the shipping cost from London to Carson and/or San Francisco. Their collusion did not work. Secretary of the Treasury ins...
by RogerB
Tue Nov 05, 2019 2:01 pm
Forum: Discussion Forum
Topic: Mint Correspondence regarding 79-S Rev. of 78
Replies: 19
Views: 4199

Re: Mint Correspondence regarding 79-S Rev. of 78

One thought is that the 7-TF reverse was used from about May 5 forward until Linderman was satisfied with its production stability. That also alleviated pressure on the mints to make 2 million+ dollars a month by extending die life. This makes sense given Linderman's order not to use the 3rd version...
by RogerB
Tue Nov 05, 2019 12:31 am
Forum: Discussion Forum
Topic: Carson Mint - Low production in 1879
Replies: 8
Views: 2206

Carson Mint - Low production in 1879

This letter to the Superintendent of the Carson Mint will give Morgan dollar collectors a good perspective on the problems faced in manufacturing silver dollars. It also explains why 1879-CC mintage was small. Another wrinkle for Carson was that the Director ordered that all small deposits of silver...
by RogerB
Tue Nov 05, 2019 12:15 am
Forum: Discussion Forum
Topic: Mint Correspondence regarding 79-S Rev. of 78
Replies: 19
Views: 4199

Re: Mint Correspondence regarding 79-S Rev. of 78

The 1878 reverse referred to (I think VAM specialists call it Reverse #2) was tested in April and approved about May 5. The reverse commonly called "Rev of 1879" was created in May 1878, but ordered withheld from use until mid-October. Correspondence suggests, but is not explicit, that Director Lind...
by RogerB
Mon Nov 04, 2019 5:16 pm
Forum: Discussion Forum
Topic: Mint Correspondence regarding 79-S Rev. of 78
Replies: 19
Views: 4199

Re: Mint Correspondence regarding 79-S Rev. of 78

To "Unc90o" All dies were prepared in the Engraving Department of the Philadelphia Mint. No individual mint was authorized to make changes. To VAM collectors: Regarding 1879-S dollars using hubs from 1878. I am working on a little article on this subject and invite participation and suggestions from...