Category Archives: coin discovery

olivebranchvam1nt

The 1964 Morgan Dollar Hubs : A Design Analysis

By Leroy Van Allen, Special for CoinWeek …..

 

In November 2016, CoinWeek Editor Charles Morgan sent me an e-mail with three overall photographs of the two Morgan dollar hubs dated 1964 recently found by numismatists at the Philadelphia Mint. He wanted to know if I had any information on these hubs. This was the first time I had seen the photographs.

It resulted in a short examination and research on the history of these hubs. My search led to the excellent book by Roger W. Burdette entitled A Guide Book of Peace Dollars by The Official Red Book (Whitman, 2008). A chapter covered the 1964-D Peace dollar evolution in detail, with many quotes and references to the United States Mint letters and memoranda.

There was no mention of the specific preparation of these two 1964 Morgan dollar hubs in this chapter. However, there were several correspondence and letters cited that included the possible reuse of the old pre-World War I silver dollar design. Mint Director Eve Adams sent a memorandum dated February 18, 1963 to Secretary of the Treasurer Robert Wallace about the problems of manufacturing additional silver dollar supplies in the near future as present supplies were being sent into circulation.

During the following months, Western state senators, led by Senate majority leader Mike Mansfield (D-MT) wanted more silver dollars struck to maintain the supply and provide for continued Western use of silver dollars.

The Adams memorandum on July 31, 1963 states that a decision had been made for the Mint to produce silver dollars when the present supply was exhausted. She added that it would be advantageous to reuse one of the old designs to discourage collector interest, preserve the traditions of the artistic beauty of the older dollars, and affect savings as the Mint retains the old designs, thus eliminating the preparation of new designs and models. Wallace repeated Adams’ recommendations in a memorandum for Secretary Dillon and added to re-issue the pre-World War I Liberty Head design.

This was the first mention of using the Morgan silver dollar design.

The U.S. Mint letter of September 27, 1963 suggested that Fern Miller, Superintendent of the Denver Mint, prepare for dollar production. The Denver Mint coining division noted in a letter of October 15, 1963 that they had 32 leftover reverse dies for the years 1934, 1935, and 1936. These dies were received by the Philadelphia Mint on September 17, 1964, but the dies were in poor condition and were to be destroyed. The last mention of using the pre-WWI Liberty Head design was in a letter from Director Adams to Treasurer Wallace on April 9, 1964.

So between April and September 1964 when the leftover Peace dollar dies were received, a decision had been made to use the Peace dollar design instead of the Morgan dollar design, possibly because of the reverse Peace dollar dies’ availability. The manufacture dates stamped on the Morgan dollar hubs are 12-6-63 for the obverse and 12-13-63 for the reverse. So they were prepared shortly after the U.S. Mint’s letter to the Denver Mint on September 27, 1963, to plan for dollar production.

Examination of Two 1964 Morgan Dollar Hub Photographs

The first impression of the photographs of the two hubs is a very good rendition of the obverse and reverse design. There were no existing hubs or working dies of the pre-WWI Morgan dollar since all previous hubs and dies were destroyed by the Mint in 1910. The most accurate rendition available therefore were the struck Morgan dollars. Photograph enlargements of the obverse and reverse of the coin of six to eight times could then be traced onto a plaster basin (plastilene) to prepare a positive model, complete with letters and the new date of 1964.

It is not known whether the Chief Engraver or an assistant engraver prepared the models and subsequent steps to the final hubs.

Olive Branch VAM 31A - The 1964 Morgan Dollar Hubs : A Design Analysis
Left: 1902-O VAM 31A Olive Branch Bent End; Right: 1964 Morgan Dollar Hub, Bent Branch

Once the positive model was checked over and approved, a negative plaster mold was prepared. Then the 1963 standard hub preparation steps followed to saturate the plaster mold with hot beeswax in an oven, cover it with copper dust, electroplate copper onto the mold, separate the copper shell from the mold, and back it with plaster to form a galvano. Then a Janvier reducing lathe transferred the galvano design down in size to the hub face. The hub was touched up to remove tool marks, turned down in a lathe, and then heated and quenched to form a hardened hub.

Only one hub of obverse and reverse was made since they could make enough working dies for the anticipated coin production of 45 million silver dollars.

Lips on the 1902-O VAM 54 and 1964 Morgan Dollar hub
Left: 1902-O VAM 54 Doubled Profile, Lips Size, Design; Right: 1964 Morgan Dollar Hub, Lips

The next questions are the quality of the design reproduction, the accuracy of the Morgan dollar design, and any noticeable design differences or flaws.

The first step was to enhance the two available obverse and reverse photographs with a computer photograph program. It turned out that the photographs of the two hubs were taken at a slight angle with the hub face’s middle in focus but the top and bottom parts slightly out of focus. So detailed examination was confined mainly to the clearer photograph center slice. The obverse hub was of the III3 type design used from 1879 through 1904, with unevenly divided ear rear. The hair strand fineness appeared to match the normal Morgan dollar, but it could not be determined if the wheat leaves had the required fine lines or the cotton bolls with dots. The peripheral lettering appeared to match closely the letter designs of a Morgan dollar coin, but the letters at the top could not reliably be checked based on the photographs.

MER Letters VAM 31A - The 1964 Morgan Dollar Hubs : A Design Analysis
Left: 1902-O VAM 31A MER Letters; Right: 1964 Morgan Hub Different Shape MER

An obvious slight design difference was noted in the Liberty Head lips, with the hub upper lip protruding more and a straight line design edge from the lower lip to the chin instead of a correct curved edge.

For the reverse, the most noticeable feature of the design type was the seven tail feathers and a wide round gap at the eagle’s left wing and neck of the C4 type design reverse. This type was used on some 1900-P; 1901-P, -O, -S; 1902-P, -O, -S; 1904-S and all 1903-P and 1904-P, -O issues.

amervam4
Wing Neck Gap. Left: 1900-O VAM 11 C3; Center: 1902-O VAM 31A C4; Right: 1964 Hub

The somewhat fuzzy image of the olive at the top of the left end of the olive branch appeared to have two parts. Both the C3 and C4 normal reverse have only a single olive of slightly different size and design. It is possible a so-called “two olive reverse” of a dual hub C4 over C3 reverse coin was copied. The dual hubs were used on some 1900-P, -S; 1901-P, -O, -S; 1902-P, -O, -S; 1903-O, -S; and 1904-S issues.

Another noticeable design difference was the right end of the olive branch that had a long, curved bottom edge instead of the correct slight bend and longer than normal appearing arrow shafts near the arrowheads.

Some of the reverse lettering had slight differences, such as thicker serifs and thinner vertical shafts.

Conclusions

As expected, the U.S. Mint Engraving Department at Philadelphia prepared an excellent accurate copy of the pre-WW I Morgan dollar design without noticeable roughness, extraneous lines, or surface flaws. It was likely a copy of an existing Morgan dollar coin since all prior hubs and dies were destroyed in 1910.

The obverse was of the correct III3 type used from 1879 to 1904 with only slight differences noticed at the Liberty Head lips.

The reverse was of the correct C4 type used from 1900 to 1904. There were slight design differences from the normal design at the right end of the olive branch, the arrowhead shafts, and the peripheral lettering of thicker serifs and thinner vertical bars. It possibly had two olives at the top of the left side of the olive branch evident on some dual hub dies of the same period of 1900 to 1904.

* * *

The post The 1964 Morgan Dollar Hubs : A Design Analysis appeared first on CoinWeek: Rare Coin, Currency, and Bullion News for Collectors.

Continue Reading on CoinWeek

Rare Double Eagles Return Home for ANA Convention Display

Unique 1910 Experimental Finish and 1921 Satin Finish Saint-Gaudens Double Eagles from Brian Hendelson Collection on view in Pennsylvania   The unique Experimental Finish 1910 Saint-Gaudens Double Eagle, described by researchers as “one of the most important recent discoveries in 20th-century American numismatics,” will be displayed alongside the finer of the two known Satin Finish […]

The post Rare Double Eagles Return Home for ANA Convention Display appeared first on CoinWeek: Rare Coin, Currency, and Bullion News for Collectors.

Continue Reading on CoinWeek

The Coin Analyst: Extremely Rare Mexican Silver Pattern Coin Surfaces

By Louis Golino, special to CoinWeek ….. A coin collector and part-time dealer named Adrian Caro, who specializes in circulating Mexican coinage, recently made the find of a lifetime when he came across a Mexican 1947 silver 50 centavos coin that numismatists did not think even existed. The piece is so rare that officials from […]

The post The Coin Analyst: Extremely Rare Mexican Silver Pattern Coin Surfaces appeared first on CoinWeek.

Continue Reading on CoinWeek

The Coin Analyst: California Coin Dealer Discovers Major 2021 Gold Eagle Error Coin

By Louis Golino, special to CoinWeek ….. Gerald Medel, owner of Lakeside Coins in El Cajon, part of San Diego County, California, recently made the most exciting coin discovery of his 17 years in the business: a major new modern U.S. gold error coin – the stuff that numismatists’ dreams are made of, the first […]

The post The Coin Analyst: California Coin Dealer Discovers Major 2021 Gold Eagle Error Coin appeared first on CoinWeek.

Continue Reading on CoinWeek

New 1854 Period 1 California Fractional Gold Dollar Variety Discovered

A new die variety of California Fractional Gold Dollar has been discovered by Ken Glickman, an avid collector and researcher of California Fractional Gold for more than two decades. The new variety has been confirmed by California Fractional Gold specialists Ronald J. Gillio, Robert D. Leonard, Jr., and John Pack. The new variety designation for […]

The post New 1854 Period 1 California Fractional Gold Dollar Variety Discovered appeared first on CoinWeek.

Continue Reading on CoinWeek

New 1854 Period 1 California Fractional Gold Dollar Variety Discovered

A new die variety of California Fractional Gold Dollar has been discovered by Ken Glickman, an avid collector and researcher of California Fractional Gold for more than two decades. The new variety has been confirmed by California Fractional Gold specialists Ronald J. Gillio, Robert D. Leonard, Jr., and John Pack. The new variety designation for […]

The post New 1854 Period 1 California Fractional Gold Dollar Variety Discovered appeared first on CoinWeek.

Continue Reading on CoinWeek

Fifth 1922 Modified High Relief Peace Dollar Pattern Discovered and Certified by NGC

New research shines a light on a Peace Dollar experiment that produced coins likely still waiting to be found   When David Lange, Research Director at Numismatic Guaranty Corporation (NGC), identified the first 1922 Modified High Relief Peace Dollar in 2001, very little was known about these coins. Even though they look dramatically different from […]

The post Fifth 1922 Modified High Relief Peace Dollar Pattern Discovered and Certified by NGC appeared first on CoinWeek.

Continue Reading on CoinWeek

NGC Certifies First Sacagawea-Presidential Dollar Mule

Numismatic Guaranty Corporation (NGC) has certified the first known mule of a Sacagawea Dollar and a Presidential Dollar. This incredible error, which paired a Sacagawea Dollar obverse with a Presidential Dollar reverse, was struck in 2014 at the Denver Mint. It is now graded NGC Mint Error AU 58 with a notation of “Discovery Coin” to recognize […]

The post NGC Certifies First Sacagawea-Presidential Dollar Mule appeared first on CoinWeek.

Continue Reading on CoinWeek

PCGS Grades 1st New 1795 Flowing Hair Half Dollar Variety Discovered in Nearly a Century

New 1795 Flowing Hair Half Dollar Graded by PCGS as an F15 and Designated a “Discovery Coin”   It still pays to scrutinize all coins for something new or unusual, even those belonging to a series as well studied as the Flowing Hair Half Dollar. Struck by the United States Mint from 1794 through 1795, […]

The post PCGS Grades 1st New 1795 Flowing Hair Half Dollar Variety Discovered in Nearly a Century appeared first on CoinWeek.

Continue Reading on CoinWeek

Heritage Auctions – Bermuda Coinage – Sommer Islands Threepence

The Sommer Islands coinage was produced in England circa 1616 for use in the British colony now known as Bermuda. The coins were authorized under letters of patent for the Bermuda Company and were struck in four denominations (shilling, sixpence, threepence, and twopence). The threepence is the rarest of the denominations, with only eight examples […]

The post Heritage Auctions – Bermuda Coinage – Sommer Islands Threepence appeared first on CoinWeek.

Continue Reading on CoinWeek

CDHCD Dealer Finds Extremely Rare 1848 Proof Seated Liberty Dime

By CoinWeek Staff Reports ….. A winning bid on eBay for a collection of coins gave an Indiana coin dealer far more than he bargained for. After processing and sorting the collection, Sam Shafer discovered an 1848 Seated Liberty dime that seemed far better struck than what one would expect for the period. The coin, […]

The post CDHCD Dealer Finds Extremely Rare 1848 Proof Seated Liberty Dime appeared first on CoinWeek.

Continue Reading on CoinWeek

NGC Experts Identify Missing Mintmark Mint Error on 2014 5oz Silver ATB Coins

Numismatic Guaranty Corporation® (NGC®) has identified five 2014 Great Smoky Mountains Five-Ounce Specimen coins with a significant mint error: they are missing the “P” mintmark. Issued since 2000, the America the Beautiful Quarters series honors America’s national parks, forests and other federally recognized sites. Each US state and territory gets one site recognized, and five […]

The post NGC Experts Identify Missing Mintmark Mint Error on 2014 5oz Silver ATB Coins appeared first on CoinWeek.

Continue Reading on CoinWeek

US Coins – NGC Certifies New Bust Quarter Variety

1822 B-3 is a Previously Unknown Die Marriage Numismatic Guaranty Corporation® (NGC®) has certified an 1822 quarter dollar variety that was previously unknown to numismatists. The new discovery has been cataloged as Browning-3, adding a third variety to the two 1822 die marriages that have been sought by generations of quarter collectors. The numbering system […]

The post US Coins – NGC Certifies New Bust Quarter Variety appeared first on CoinWeek.

Continue Reading on CoinWeek

Classic US Coins – A Design Analysis of the 1964 Morgan Hubs

By Leroy Van Allen, Special for CoinWeek …..   In November, Charles Morgan, Editor of CoinWeek, sent me an e-mail with three overall photographs of the two Morgan dollar hubs dated 1964 recently found by numismatists at the Philadelphia Mint. He wanted to know if I had any information on these hubs. This was the […]

The post Classic US Coins – A Design Analysis of the 1964 Morgan Hubs appeared first on CoinWeek.

Continue Reading on CoinWeek

Ancient Coin News – 2,000-Year-Old Roman Bronze Coins Found in Switzerland

Credit: Aargau canton archeology department   By Everett Millman – Gainesville Coins ……. A team of archaeologists in Switzerland are trying to make sense of a discovery that traces its origins back nearly two millennia. Somewhat strangely, a ceramic cooking pot filled with oil lamps and bronze coins was found during an effort to clear […]

The post Ancient Coin News – 2,000-Year-Old Roman Bronze Coins Found in Switzerland appeared first on CoinWeek.

Continue Reading on CoinWeek

Whitman: New Guide Book of Morgan Silver Dollars Sold Out

Early Sellout Reflects Strong Hobby Interest in Recent 1964 Morgan Discovery Whitman Publishing announces that the fifth edition of Q. David Bowers’s Guide Book of Morgan Silver Dollars is temporarily sold out due to high demand. More copies are scheduled to arrive in mid-October. “Collectors can call our Customer Service number at 1-800-546-2995 to order […]

The post Whitman: New Guide Book of Morgan Silver Dollars Sold Out appeared first on CoinWeek.

Continue Reading on CoinWeek

NGC, Stack’s Bowers Galleries Identify New California Fractional Gold Variety

Numismatic Guaranty Corporation® (NGC®) and Stack’s Bowers Galleries have identified a new variety of California Fractional Gold. The 1854 Octagonal California Gold Dollar was recently submitted to NGC for attribution and grading. California Fractional Gold Pieces were struck by private mints in California in order to fill a need for smaller denominations in commerce. The […]

The post NGC, Stack’s Bowers Galleries Identify New California Fractional Gold Variety appeared first on CoinWeek.

Continue Reading on CoinWeek

CoinWeek Podcast #39: Q. David Bowers

CoinWeek Podcast #39: Q. David Bowers Mobile phone users. Stream this podcast for free by downloading the podomatic app or subscribe to the CoinWeek Podcast on iTunes. Q. David Bowers is the most prolific numismatic writer in the hobby’s history – he is also the breaker of numismatic news this month – as he and Whitman have […]

The post CoinWeek Podcast #39: Q. David Bowers appeared first on CoinWeek.

Continue Reading on CoinWeek

New Edition of Whitman’s Guide Book of Morgan Silver Dollars Reveals Previously Unknown 1964 Morgan Dollar

Whitman Publishing announces the release of the new fifth edition of A Guide Book of Morgan Silver Dollars, by Q. David Bowers. The 304-page book will be available from booksellers and hobby shops nationwide on September 27, 2016, for $19.95 USD. Before then it is available for preorder – including on Whitman.com. The pricing, text, […]

The post New Edition of Whitman’s Guide Book of Morgan Silver Dollars Reveals Previously Unknown 1964 Morgan Dollar appeared first on CoinWeek.

Continue Reading on CoinWeek

Newly Discovered, Unique Dual-Plugged 1795 Silver Dollar Offered by Heritage Auctions

Authenticated by NGC, this discovery coin will be featured in the Heritage Platinum Night Auction at the ANA Anaheim World’s Fair of Money, August 10, 2016 A first-of-its-kind, recently-discovered 1795 U.S. Flowing Hair silver dollar with two separate “plugs” has been authenticated by Numismatic Guaranty Corporation (NGC) and will be a featured highlight of the […]

The post Newly Discovered, Unique Dual-Plugged 1795 Silver Dollar Offered by Heritage Auctions appeared first on CoinWeek.

Continue Reading on CoinWeek

Massive Hoard of Ancient Roman Coins Found in Spain

By CoinWeek News Staff ….   Late last week, construction workers in the town of Tomares, a suburb of the southern Spanish city of Seville, discovered a hoard of almost 1,323 pounds (600 kg) of ancient Roman coins. According to city planner Lola Vallejo, workers were performing routine work on water pipes near Zaudín Park […]

The post Massive Hoard of Ancient Roman Coins Found in Spain appeared first on CoinWeek.

Continue Reading on CoinWeek