Michael Garofalo

Oklahoma City

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Articles

Early American Half Dimes 1792 - 1837

2 weeks ago | greysheet.com | Michael Garofalo

The Coinage Act of 1792 established a United States Mint in Philadelphia, the temporary capital of the United States until 1800. This Act also decreed the positions required to operate a national Mint. Importantly, the Act also defined the Dollar as the standard monetary unit and defined all denominations.
The Birth of the Lincoln Cent

2 months ago | greysheet.com | Michael Garofalo

On April 14, 1865, President Abraham Lincoln and his wife, Mary Todd Lincoln, attended a play, “Our American Cousin,” at Ford’s Theater in Washington, DC. About 10:15 PM that night, as the play reached a moment when raucous laughter was expected, the famous actor, John Wilkes Booth, entered the President’s box, came up behind Lincoln and shot him in the head. The President was mortally wounded and the next morning at 7:22 AM, Lincoln passed from this world.
A Brief History Of James B. Longacre's One Dollar Gold Coins, Part 2

Dec 6, 2024 | greysheet.com | Michael Garofalo

Editorial Education & Research U.S. Coins United States An overview of how the gold dollar originated and evolved in the mid-1800s. The Coinage Act of 1792 envisioned that a minting facility was required to be built as well as outlining the key roles at the mint that needed to be filled.
A Brief History Of James B. Longacre's One Dollar Gold Coins, Part 1

Nov 4, 2024 | greysheet.com | Michael Garofalo

Editorial Education & Research U.S. Coins United States An overview of how the gold dollar originated and evolved in the mid-1800s. The Coinage Act of 1792 established a minting facility at the seat of Government (Philadelphia, at that time), several of its major functions, and a number of its officers and duties.
The Rarities In The Underappreciated Jefferson Nickel Series

Oct 27, 2024 | greysheet.com | Michael Garofalo

The Jefferson Nickel series is one that most dealers don’t pay a great deal of attention to, by virtue of their perceived limited value. Other than the 35% Silver War Nickels, a handful of overdates, and over mintmarks, the series is generally ignored by many. Because the coins are comprised of nickel, except for those World War II issues, many dates including the earliest ones are still floating around in circulation, even the ones from 1938.
A Rarity Is Born: The 2024 American Liberty Gold Coin

Oct 25, 2024 | greysheet.com | Michael Garofalo

While most of the coin world was sleeping, the United States Mint unknowingly created a truly rare gold coin. This particular coin was groundbreaking in a variety of ways. This was the first time in history that the United States Mint and the British Royal Mint had jointly collaborated on creating a design. It was also the first time that the Mints of both nations offered their unique versions of the coins in this program to their respective customers.
Who Is Responsible For Thefts At Coin Shows?

Jul 12, 2024 | greysheet.com | Armen Vartian |Michael Garofalo

You’re a collector at a coin show, and the worst happens—the suitcase containing your new purchases (or the coins you planned to sell) disappears while you’re away from it or not paying attention. Or you’re a dealer, and while you’re away from your booth someone wheels a dolly up and removes one or two of your showcases and leaves the bourse floor. There’s security at the exits, of course, but the crooks get through and your coins are gone.
A History Of United States Half Cents

Jul 12, 2024 | greysheet.com | Michael Garofalo

President George Washington signed ‘An Act to Provide for a Copper Coinage,’ on May 9, 1792 which allowed the Director of the Mint to purchase copper for the minting of both copper cents and half cent coins. Interestingly, this act also provided that these cents and half cents be accepted as lawful coinage and prohibited the use of foreign copper coins and imposed both confiscation and a fine on offenders. Henry Voigt secured the role as the nation’s first Chief Coiner at the U.S. Mint.
The Copper Coinage of Our First President, Part II

Jul 27, 2023 | greysheet.com | Michael Garofalo

Gold: $1,952.36 $0.32 Silver: $24.23 $0.02 Platinum: $937.00 Palladium: $1,237.50 $6.50 Euro: $1.10 Bitcoin: $29,203.85 $22.06 Ethereum: $1,867.65 $5.63 Canadian Dollar: $0.76 Australian Dollar: $0.67 Cardano: $0.31 Litecoin: $91.36 $0.43 Education & Research Editorial U.S. Coins In part one of this series, we reviewed eight George Washington copper pieces, beginning with those dated 1783 up through the 1791-dated Large and Small Eagle Cents. Here in part two we review the rest of the series....
The Copper Coinage of Our First President, Part I

Jun 7, 2023 | greysheet.com | Michael Garofalo