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Here is this week's Test Your Knowledge question! Answer correctly in the comments section and be entered in a drawing for Q. David Bowers' latest book, Coins and Collectors Golden Anniversary Edition! The answer will be revealed next week! Can't wait for the next email newsletter? Visit us on Facebook or Twitter for the answer on Monday!

By Greg Cohen, Professional Numismatist & Consignment Director, U.S. & World Coins

Morgan dollars, struck annually from 1878 to 1904, and then again in 1921, are among the most popular of American coins. They were coined in Philadelphia, San Francisco, New Orleans, Carson City, and Denver (1921 only). Some issues are very common in all grades, some are common in most grades, and others are scarce in lower grades and rare in high grades. 

By Q. David Bowers, Founder

I continue my discussion of A Guide Book of United States Coins, the familiar red-covered volume edited by Richard S. Yeoman and launched by Whitman in 1946. A cover date of 1947 was given so as to prolong its shelf life when displayed in hobby stores, bookshelves, and elsewhere. The Guide Book, nicknamed the Red Book, became an instant bestseller. 

By Harvey G. Stack, Founder

Reed Hawn, Connoisseur and Advocate

Reed Hawn, a Texas oilman and Arabian horse breeder, became known to the collecting world during the last quarter of the 20th century.  He started collecting coins from change when he was nine years old, placing them in a coin album.  He learned about rarity and quality from handling coins and reading all he could about them.

By Greg Cohen, Numismatist & Consignment Director, U.S. & World Coins

One of the rarest coins in the Capped Bust half dollar series, the Proof 1839-O half dollar, will provide an important bidding opportunity for specialists in our official auction for the American Numismatic Association’s National Money Show in Portland. For many years, the fame of the 1838-O half dollar (with a mintage of 20 pieces) overshadowed its rarer sibling, the 1839-O Proof (with an estimated five coins struck in Proof). 

By Frank Van Valen, Numismatist & Cataloger, U.S. Coins

“Zippo Lighters Light the World” is the old advertising slogan I remember from the 1950s and 1960s. Zippo advertised everywhere and their biggest draw was the indestructible nature of their famous Zippo lighter. “Break your Zippo and we’ll replace it for free” went one slogan. 

By Chris Chatigny, Numismatist & Cataloger

Today’s highlight is a true showstopper: a piece of the utmost rarity and prestige, the Hu Poo Specimen Pattern Tael. Coinage reform in China was slow and tumultuous, and this coin represents the largest denomination from one of the first series of proposed coinage reform. At the time of this coin’s striking in 1903, China’s last Qing Dynasty emperor – Kuang Hsu – and his government were unsuccessfully attempting to reform China’s coinage system. 

Did you know that Stack’s Bowers Galleries is featured in the February 2015 issue of the Robb Report? On page 24 you’ll find the story of the 1792 Birch cent from the Henry P. Kendall Foundation, which will cross the auction block in our March 26-29 official auction of the Whitman Coin & Collectibles Baltimore Expo. Estimated value $600,000-$700,000.