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For the new collector, satiny luster is more difficult to understand and appreciate than frosty luster. This is due to the fact that it is more subtle in its appearance. As an example, the luster on the coin shown above is excellent in-hand and shows very few breaks in the fields. But most collectors would think this coin has a considerable amount of wear; due to its subtle luster and, obviously, the weakness of strike at the centers.
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After many revisions, the Great Seal became the national emblem in 1782. The back of the current U.S. $1 Federal Reserve Note displays images found on both sides of the seal. The obverse of the seal is found on the right side of the note and was designed by Charles Thomson. A bald eagle holds an olive branch with 13 leaves in one talon and arrows (the traditional American Indian symbol of war) in the other. The eagle is facing the olive branch to signify that peace is preferable to war. Written on the ribbon above the eagle's head is the national motto in Latin "E PLURIBUS UNUM," meaning "one from many" or one country composed of 13 states. The 13 stars, leaves, letters and stripes denote the 13 original states or the Continental Congress. The reverse of the seal, located on the left, was submitted by William Barton and displays a pyramid, a symbol of strength and permanence, however the structure was left incomplete, just as the United States continues to grow and build. The eye in the triangle overlooking the pyramid suggests the "all-seeing Deity" emphasizing spiritual welfare, while also recognizing education and freedom of knowledge. The Latin phrase "ANNUIT COEPTIS" translates "He (God) has smiled on our undertakings." The mottos have 13 letters, and there are 13 steps on the pyramid. "NOVUS ORDO SECLORUM" means "A new order of the ages." The date at the base, 1776, refers to signing of the Declaration of Independence on July 4, 1776.
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More grading morgan silver dollars Information

Top 10 Most Valuable U.S. Coins Found in Pocket Change (about.com)

Tue, 03 Jun 2008 17:35:00 +0000
There are a number of fairly valuable U.S. error coins and die varieties in circulation today. These coins are overlooked by people because they have...



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Stocks outpace gains by collectibles over long run

Mon, 09 Jun 2008 19:51:00 +0000
Financial quiz: What investment, on average, has the best long-term track record?

A. Stocks

B. Artwork

C. Fine violins

D. Collectors' stamps

E....



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2008 Uncirculated Presidential Dollar Coin Sets Announced by U.S. Mint

Tue, 15 Jul 2008 05:21:00 +0000
The United States Mint has announced July 24 as the release date for 2008 Uncirculated Presidential Dollar Coin Sets. The set includes four uncirculated presidential dollars minted in Philadelphia with the "P" mint mark and four uncirculated coins from Denver bearing the "D" mint mark.

The 8-coin set is priced at $15.95 and ...]

Survival Rate of Proof United States Gold Coinage

Sun, 15 Jun 2008 13:12:51 +0000
 By Doug Winter - RareGoldCoins.com
While it is difficult to make sweeping generalizations about the survival rate of Proof United States gold coinage, some factors exist that help to determine the rarity of many issues. It is interesting to analyze these factors and apply them to the various denominations.
For the most part, Proof gold coins have ...]