America’s Early-Issue Silver Dollars

As the president of Youngblood Metals Mining, Saint Jovite Youngblood sources unique collectibles, from stamps to rare metals and jewelry. Saint Jovite Youngblood’s areas of in-depth knowledge include early silver-dollar coins, which were first pressed in the 1790s.

Presaging the Peace and Morgan silver dollars, with which most Americans are familiar today, the Flowing Hair silver dollar was produced only in 1794 and 1795. Coins from the first year of production now go for at least $50,000 in decent condition, while coins from 1795 start at $2,000.

Minted from 1795 to 1803, the Draped Bust silver dollar is significantly more common, but still scarce; it brings in as much as $1,500 in good condition. An 1804 example of the coin exists, but this was struck several decades later as an issue designed for collectors and inclusion in special proof sets.

No silver dollars were struck for more than three decades, until production of the Gobrecht dollars, named for the coin designer, in 1836. Limited to a three-year run and with only a couple thousand ever produced, these rare coins fetch $15,000 and up. They were followed by the relatively common Seated Liberty dollar, of which millions were pressed during a run that lasted 33 years.

Comments

A Primer on Coin Grades

As an experienced buyer and seller of a variety of coins and antique jewelry, “Kota” Saint Jovite Youngblood works to supply collectibles to a network of dealers. His company, Youngblood Metals Mining, has been in business in Monrovia, California, for seven years. Saint Jovite Youngblood’s previous experience with coins includes a management position with Miracle Mile Coin Center in San Marino. Professionals grade previously circulated coins according to a standard scale that descends from 70 down to 1 and includes a system of descriptive adjectives. These descriptors range from “AU,” or “about uncirculated,” all the way down to “PO-1,” or so “poor” that most if not all of the identifying features have weathered away, making a piece close to unrecognizable. Not surprisingly, most coins on the market today fall somewhere between these extremes. The second-highest grade achievable, “XF” (sometimes abbreviated “EF”) indicates that a coin is “extremely fine.” Such coins display only mi...

Clayton Kershaw's Three Cy Young Awards

After serving for a decade as a finance director, "Kota" Saint Jovite Youngblood transitioned into the collectible coin and antique industry. Currently leading Youngblood Metals Mining as president, Saint Jovite Youngblood is an avid Los Angeles Dodgers fan. A seventh overall pick in the 2006 Major League Baseball (MLB) Amateur Draft, Clayton Kershaw has been a pillar of the Dodgers' starting rotation since his MLB debut in 2008. With a career record of 126-60, he has posted a sub-3.0 earned run average (ERA) in the past eight seasons. During that time, Kershaw has won three Cy Young awards as the best pitcher in the National League. Kershaw won his first Cy Young in 2011 after posting a 21-5 record to go along with a 2.28 ERA and a league-best 248 strikeouts in 233.1 innings. Two years later he won the award for a second time, backed by a league-leading 1.83 ERA. The following year, in 2014, Kershaw had a career-best season in which he won both the Cy Young and Mos...

PCGS Grades Rare Double Eagle Coin

For more than a decade, “Kota” Saint Jovite Youngblood has been working in the collectibles and wholesale antiques industry. He spent three years serving as the general manager of Miracle Mile Coins in California and he currently serves as the president of Youngblood Metals Mining. An active member of the professional community, Saint Jovite Youngblood belongs to PCGS. Professional Coin Grading Services (PCGS) has been the leading coin certification service in the United States for more than three decades. One of the rare gold coins that the organization has graded is the 1861 Philadelphia Mint Paquet Reverse Double Eagles. Earning a grade of MS67, the coin is insured for $8 million and was once owned by Egypt’s King Farouk. The 1861-P Paquet Double Eagle is the rarest of all U.S. Double Eagle coins. It was originally thought that the coin’s appearance was due to a unique pattern. Experts later discovered that the coin was meant for circulation, but, upon the discovery of a defect ...

Saint Jovite Youngblood | Blogger

Search This Blog