1814 platinum half dollar

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The only known example of the counterstamped 1814 platinum half dollar, J-44a 1814 Platinum half dollar.jpg
The only known example of the counterstamped 1814 platinum half dollar, J-44a

The 1814 platinum half dollar (J-44 [1] ) was a United States pattern coin with a face value of fifty cents. Its design was identical to the Capped Bust half dollar, but struck in platinum. [2]

A unique example with 33 "P" punch marks has been given the catalog number J-44a. It has been described as "one of the most intriguing - and mysterious - pattern coins ever produced by the United States." [3] There are two examples known without the punch marks. [4]

See also

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<span class="mw-page-title-main">Coin</span> Small, flat and usually round piece of material used as money

A coin is a small object, usually round and flat, used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government. Coins often have images, numerals, or text on them. The faces of coins or medals are sometimes called the obverse and the reverse, referring to the front and back sides, respectively. The obverse of a coin is commonly called heads, because it often depicts the head of a prominent person, and the reverse is known as tails.

Coins of the United States dollar were first minted in 1792. New coins have been produced annually and they make up a valuable aspect of the United States currency system. Today, circulating coins exist in denominations of 1¢, 5¢, 10¢, 25¢, 50¢, and $1.00. Also minted are bullion and commemorative coins. All of these are produced by the United States Mint. The coins are then sold to Federal Reserve Banks which in turn are responsible for putting coins into circulation and withdrawing them as demanded by the country's economy.

Mint-made errors are errors during the minting process. Groups of coins with distinctive characteristics are known as varieties. The term variety applies to coins with both intended and unintended differences while the term error refers only to coins with unintended differences. Nevertheless, not all errors are varieties. Although there may be many identical examples of some errors, others are unique. For example, there may be many indistinguishable examples of coins with a specific die crack, while off-center strikes tend to be unique. Being unique does not mean that an error is valuable. Although no other coin may be similar to a coin with an off-center strike, off-center strikes happen often enough that buyers can choose from many examples each of which varies slightly from the other. Mint error coins can be the result of deterioration of the minting equipment, accidents or malfunctions during the minting process, or intentional interventions by mint personnel. Accidental error coins are perhaps the most numerous and in modern minting are usually very rare, making them valuable to numismatists. Intentional intervention by mint personnel does not necessarily include a deliberate attempt to create an error, but usually involves an action intended to improve quality that miscarries and creates error coins instead. Errors can be the result of defective planchets, defective dies or the result of mistakes made during striking. The planchet, die, and striking classification system happens to correspond with the mintmarks of the three largest U.S. mints, Philadelphia, Denver, and San Francisco. Not all errors fall neatly within the categories. Sometimes design elements are missing from coins because die crevices are filled with grease. Labels used to identify specific categories of errors sometimes describe the cause of the error. Other errors names describe what the viewer sees when looking at the coin while others have names that were adapted for use. The result is that some errors are known by multiple names. Filled die errors are also known as missing design element errors and as strike throughs. As is noted below under the discussion of missing design element coins, some errors have multiple causes. A rare error that sold for $5462.50 on Heritage Auctions in August 2010 is an undated U.S nickel struck on top of a 1960 5 centavos. Foreign coins struck on a U.S coin planchet or vice versa are very uncommon and hold a high value.

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The half dime, or half disme, was a silver coin, valued at five cents, formerly minted in the United States.

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The Canadian five-cent coin, commonly called a nickel, is a coin worth five cents or one-twentieth of a Canadian dollar. It was patterned on the corresponding coin in the neighbouring United States. It became the smallest-valued coin in the currency upon the discontinuation of the penny in 2013. Due to inflation, the purchasing power of the nickel continues to drop and currently the coin represents less than 0.5% of the country's lowest minimum hourly wage.

<span class="mw-page-title-main">American Platinum Eagle</span> Platinum bullion coin of the United States

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<span class="mw-page-title-main">Pattern coin</span> Sample coin to demonstrate the design of a coin

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This glossary of numismatics is a list of definitions of terms and concepts relevant to numismatics and coin collecting, as well as sub-fields and related disciplines, with concise explanations for the beginner or professional.

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<span class="mw-page-title-main">1792 half disme</span> American silver coin

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References

  1. Judd, J. Hewitt (2009). Bowers, Q. David (ed.). United States Pattern Coins (9th ed.).
  2. "Coin Profile: Counterpunched Platinum 1814 half dollar pattern". CoinWeek . 4 July 2011. Retrieved 9 July 2022.
  3. "PCGS Certifies Unique Pattern 1814 Platinum Half Dollar, Gives New ID Number". Professional Coin Grading Service. 5 November 2012. Retrieved 9 July 2022.
  4. "1814 E50C Half Dollar". Heritage Auctions. Retrieved 9 July 2022.