Monday 14 July 2014
So today I was identifying a few of our unidentified coins. As I was adding and choosing "South Africa" from the list, I noticed "South African Republic" was underneath. As I'm not a numismatic master, I wondered what the difference was. Was it the name of the previous regime or something else? I continued adding coins and when I stumbled onto one with the initials, "Z.A.R." I thought I should hop onto Google and see what that was. It turns out it was the answer to my question! ZAR is the South African Republic and Wikipedia has a detailed article covering the shortly lived nation. The short answer is the ZAR was an attempt by some Dutch and Afrikaans speaking peoples to cecede from the British Empire which was in control of a large portion of the area. Two wars later and the ZAR was reintegrated back into the Unions of South Africa which eventually becomes the South Africa we know today.
At the moment we only have 6 coins from the South African Republic. I thought I'd share the coin that started my early morning quest for knowledge:
The 1896 six-pence coin is 92.5% silver but it's a small coin so the actual weight is .084 ounces. I'm a fan of 100+ year old coins that I can snag in good condition for under $10. eBay has a few available here and you can also see the recent sold prices here. There are also other denominations from ZAR
Editor's Note: You might be wondering why it is "ZAR" instead of "SAR." The reason is because ZAR is the abbreviation for Zuid-Afrikaansche Republiek, the Dutch spelling.
Thursday 13 February 2014
I just read an article in January 2014 issue of Coin World that discussed the history of the Kennedy Half Dollar. They spoke about the abundance of the coin. In fact, the mint had planned to mint 91 million halves in 1964 but because so many Americans were hording them, they minted another 50 million for a total of 141 million.
One of the people in the article say that there's not very many of these coins graded and also that Heritage Auctions has "only" sold about 11,000 of them out of their 2 million total coins sold since 1993.
Well of course not many people have sent Kennedy halves to be graded as grading costs money and these coins are not rare and 50 years old at best. When I browse Heritage auctions, I don't usually see the 3 for $5 coins I find at flea markets. It's the [3.7 million dollar nickel] among others that end up on the auction block.
Another quoted individual says that in the next 10 years, the value of the Kennedy halves will surely go up. Well I can't argue that there will be inflation and in 10 years, virtually everything will be higher in cost than it is now. However, with so many coins and so many horded in great conditions, I don't see how their values will rise. Especially with no new half designs on the horizon.
The photo I used was posted by double mike and you can view the coin's datasheet here.
Friday 24 January 2014
For the past couple months I have been pretty busy keeping the eBay store running during the holiday season. January also means doing an inventory check to make sure I have what I claim I have for sale. Now that the bulk of that is over with I can turn my attention to my passion projects, like CoinBrag.
In October we were getting hit pretty badly by spammers. It was taking a lot of time to delete them and they were signing up with new accounts almost as fast as I could ban them. Well now, thanks to the folks at Stopforumspam.com, we have a new ally in the war on spam. From now on whenever someone registers for CoinBrag, we check to make sure they are not a known spammer. SFS is updated daily so although it won't stop all of the spam, it should prevent the bulk of it. Cross your fingers!
In the meantime I've still got a few things to tweak on CoinBrag. Once that is done, I would like to tinker with a few new additions to the site that I'd been planning.
Thursday 05 December 2013
Our coin glossary is back up and running. You should be able to add new terms and search for existing words without troubles.
I also added a new numismatic term, spiked head. What is a spiked head you ask? Michael Coulson from the Facebook group, Coin Seekers, explained it to me as, "A Spiked head is a crack going from the rim of the coin into the skull. There are hundreds of them. Some are very radical. I collect them." Below is a photo I got from Michael of a 1952 Horned Head which is pretty neat:
As of right now there's 131 listings for Coins with spikes on eBay and the prices range from just a couple of dollars for a spiked Roosevelt dime to thousands of dollars for some half cents dating back to the early 19th century.
Special thanks to double mike for bringing the Coin Seekers group to my attention! I've been getting to see some pretty cool coins and there are some very knowledgeable members there.
Wednesday 13 November 2013
Great news! Coin Photos can now be entered into the database.
As some of you are already aware, I've got a store on eBay that keeps me pretty busy. With it being the holiday season, the store becomes more demanding. I will continue getting this site back to where it was though the biggest hurdles were done.
We're still getting a few spam bots that are signing up for the site but it's not nearly as bad as it was before I updated the site (we were getting 3,000 new spam bots joining per day). Hopefully the spam will stay as low as it is and then all of this upgrading will have been worth it!
Thank you again to all who've joined and contributed to the site as well as to those who continue to spread the word about CoinBrag. This site would not exist without your help!
P.S. there's been too many maintenance news posts! We need some coin articles and I have a couple yet to be published so expect that in the next few days.