2016 North American Coins & Prices, 25th edit Krause.pdf

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2016 North American
Coins & Prices
A GUIDE TO U.S., CANADIAN AND MEXICAN COINS
25TH EDITION
David C. Harper, Editor
Richard Giedroyc & Thomas Michael, Market Analysts
The World’s Best-Selling Coin Books
Coins & Prices
A GUIDE TO U.S., CANADIAN AND MEXICAN COINS
25TH EDITION
2016 North American
David C. Harper, Editor
Richard Giedroyc & Thomas Michael, Market Analysts
The World’s Best-Selling Coin Books
Copyright ©2015 F+W Media, Inc.
All rights reserved. No portion of this publication may be reproduced or
transmitted in any form or by any means, electronic or mechanical, including
photocopy, recording, or any information storage and retrieval system, without
permission in writing from the publisher, except by a reviewer who may quote
brief passages in a critical article or review to be printed in a magazine or
newspaper, or electronically transmitted on radio, television, or the Internet.
Published by
Krause Publications, a division of F+W Media, Inc.
700 East State Street • Iola, WI 54990-0001
715-445-2214 • 888-457-2873
www.krausebooks.com
To order books or other products call toll-free 1-800-258-0929
or visit us online at www.shopnumismaster.com
ISSN 1935-0562
ISBN-13: 978-1-4402-4502-2
ISBN-10: 1-4402-4502-9
Cover Design by Jana Tappa
Designed by Sandi Carpenter
Edited by Thomas Michael and Maggie Judkins
Printed in the United States of America
10 9 8 7 6 5 4 3 2 1
Contents
Chapter 1: The Grading Factor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4
Chapter 2: Get a Map. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .20
Introduction to Pricing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .36
UNITED STATES
Colonial Coinage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .38
Early American Tokens. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .40, 54
Royal Patent Coinage. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .43
Revolutionary Coinage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .46
State Coinage. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .47
Early American Patterns, Early Federal Coinage &
Issues of 1792. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .61, 64, 65
United States Circulation Issues, 1793-present . . . . . . . . . . . . . . . .67
50 State Quarters & America the Beautiful Quarters . . . . . . . . . . .124
Sets and Rolls . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .199
US Commemoratives . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .204
US Silver, Gold and Platinum Bullion Coinage . . . . . . . . . . . . . . . .240
CANADA
Issues of the Confederation 1858-present . . . . . . . . . . . . . . . . . . .256
New Brunswick. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .481
Newfoundland . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .483
Nova Scotia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .491
Prince Edward Island . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .493
MEXICO
Spanish Colonial Era . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .495
Proclamation Medals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .527
War of Independence. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .529
Empire of Iturbide. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .562
First Republic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .565
Empire of Maximilian . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .612
Second Republic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .614
Estados Unidos . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .639
Revolutionary Era Coinage. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .720
1
The Grading Factor
How to classify a coin's condition
By Arlyn G. Sieber
Grading is one of the most important factors in buying and selling coins as
collectibles. Unfortunately, it’s also one of the most controversial. Since the early
days of coin collecting in the United States, buying through the mail has been a
convenient way for collectors to acquire coins. As a result, there has always been
a need in numismatics for a concise way to classify the amount of wear on a coin
and its condition in general.
A look back
In September 1888, Dr. George Heath, a physician in Monroe, Mich., published
a four-page pamphlet titled
The American Numismatist.
Publication of subsequent
issues led to the founding of the American Numismatic Association, and
The Nu-
mismatist,
as it’s known today, is the association’s official journal. Heath’s first is-
sues were largely devoted to selling world coins from his collection. There were no
formal grades listed with the coins and their prices, but the following statement by
Heath indicates that condition was a consideration for early collectors:
“The coins are in above average condition,” Heath wrote, “and so confident
am I that they will give satisfaction, that I agree to refund the money in any unsat-
isfactory sales on the return of the coins.”
As coin collecting became more popular and The Numismatist started ac-
cepting paid advertising from others, grading became more formal. The February
1892 issue listed seven “classes” for the condition of coins (from worst to best):
mutilated, poor, fair, good, fine, uncirculated, and proof. Through the years, the
hobby has struggled with developing a grading system that would be accepted
by all and could apply to all coins. The hobby’s growth was accompanied by a
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