Facts On Historic USA Coins

People everywhere are interested in historic USA coins. In the past 30 years or so the US Mint has minted nearly 300 billion of them.

In the United States it is believed coin collecting started as early as 1652 when individuals and business minded people engraved and distributed their own personal coins.

When states were granted the rights to manufacture their own coins, collections grew. With States creating their own unique versions this eventually led to the rare coin collecting phenomenon.

The first Federally approved coin was made in 1787 called the Fugion Cent.

Different coins use different metals. Pennies consist of metal strips made of zinc and a nickel metal alloy and copper is used for nickels.

The Silver Dollar Draped Bust 1804 Proofed original is the most valuable US coin with a value of $8,080,000 dollars.