The 400th Anniversary of the Arrival of Columbus to America

That's what this silver coin is all about. I picked this coin up recently as a gift from my uncle who also collects coins. We got to talking one night and the next thing I know a box full of junk silver showed up in my mailbox! Crazy, but I was very appreciative of the gesture. He knew that I did not have the coin in my collection and wanted to give me one to appreciate.

Here He Is .. Columbus

Not in the best of conditions, but not in the worst either. It's still a good specimen that may fetch $10 to $15 USD on the open market. The coin is comprised of 90% (.900) silver and worth roughly $6.50 in bullion value, depending on the price of silver from day to day. Not too bad and any little bit of silver added to the stack is worth while.

The Reverse .. Cool Ship!

This coin was minted to be a circulatable commemorative coin. According to records, 950,000 were minted in 1892 and 1,550,405 in 1893. Wowzers! Guess this coin is NOT so rare. hehehe. If you are lucky enough to have a brilliant proof in your collection, then you would be very pleased to know only 400 of those (200 per year) were minted. But if you have one in your collection, you probably already knew that. You probably already know they are worth roughly $20,000 USD. Sadly I do not have one. Mine is used .... lol

Interesting Facts Courtesy of Numista

According to Tom DeLorey Coinage, May 2016, p. 9, the Columbian Exposition half-dollar "came about when the organization putting on the World’s Fair requested a grant from the U.S. Treasury of $5 million to help build the fairgrounds so it could open." The Treasury, however, gave "only $2.5 million due to the prevailing hard economic times." DeLorey goes on to say that someone "connected with the Fair Authority got the brilliant idea that if the Treasury would provide the $2.5 million in the form of five million commemorative half dollars," then the Fair would need only "to sell the coins for a dollar each" in order to obtain the extra $2.5 million dollars needed. Because of hard economic times, however, "only a few hundred thousand were sold at the premium, the rest were either released into circulation at face value or melted."

Source - Numista

I know I used Molly As Click Bait ..

So I'll include one more photo of her peering out the back door. She love to look out the door from time to time. Not sure what she sees since she can't see very much. Maybe shadows or shapes. She's not much of an outdoor girl, but will stand it as long as the grass is soft and there is a little shade to lay down in. Otherwise she is quite content to be indoors looking out.

Pepper was always the more outdoor type. We miss him whining to go out. He just enjoyed being out in the great wild. He was such an explorer. Damn I miss that little guy. I'm pretty sure Molly does too :(

Hope you liked the coin!

Happy Weekend Everyone!!!

Thank you for swinging by my blog and checking out the post. Have a great day!

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This blog post is not meant as financial advice. I'm not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions.