Market Report

Long Beach Show, Auctions Affirm Improving Market
The rare coin market continues on the road to a full recovery. The just completed Long Beach Coin & Collectibles Exposition proved to be a great success, with generic gold and so-called "collector coins" showing tremendous strength in the face of lower bullion prices and recessionary fears.
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Search for your favorite PCGS Authorized Dealer by specialty. Looking for Morgan Dollars? Go to the Authorized Dealer link on the PCGS website and click on Dollars in specialties. Looking for dealers with internet sites? Click on the Internet sites link in services. Search for more than a 1,000 dealers in the PCGS Authorized Dealer listings.

The Expert's Corner

Getting Acquainted with Silver and Trade Dollars
From the first year of production, 1794, down to recent times, many types and varieties of silver dollars were produced. A truly complete collection of dates and mintmarks would involve over 200 coins, and a complete collection of die varieties would go far beyond that.
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Subscribe to the online PCGS Population Report for as little as $4.95 a month! Updated weekly, get the latest census data on all coins graded by PCGS. Click here for a preview of the population data for Morgan dollars.

Set Registry Spotlight

W. Michael Gilley - MS Peace Dollar Set - All Time Finest
Michael Gilley's Peace dollar set, with a grade point average of 66.29 (finest possible is 66.46!), is the culmination of a five year effort to achieve the very best. Many of the coins in his set formerly resided in the Jack Lee Collection. With 15 Peace dollar sets registered in the "All Time Finest," the competition is tough. Mr. Gilley should be congratulated for a spectacular achievement.

How does your set stack up? The PCGS Set Registry has several hundred sets registered with new sets being added every day. Click here to visit the Set Registry.

Our Readers Ask

Question: I am a novice collector and recenty have purchased both the 2nd and 3rd reverse 1879-S Morgan dollars. Can you tell me what the difference is between these coins?

Answer: What we call the second and third reverse is otherwise known as the "flat breast" and the "round breast" variety. The flat breast is the variety where the eagle's breast is concave or dished. The round breast is just that, it is convex and rounded out. The easiest way to remember these varieties is that all 1878-S dollars have the second reverse and all coins struck after 1879 are the third reverse varieties.
--Rick Montgomery, PCGS


Do you have a question you would like to ask our experts? Click here. Or, visit the NEW PCGS messageboard, the most active coin forum online.

Announcements

PCGS at the ANA National Money Show Next Week!
PCGS will be accepting submissions for all service levels at the following show next week:

ANA National Money Show
Salt Palace Convention Center, Hall C
100 S. West Temple
Salt Lake City, Utah
March 8 - 10, 2001

For more information about PCGS grading at the show, call 800-447-8848.
For more information about the ANA National Money Show, call the American Numismatic Association at 719-632-2646 or click here.

Also in March:
PCGS will be offering on-site grading services at the following show:

Suburban Washington Baltimore Coin & Currency Convention
Baltimore Convention Center, Hall A & B
One West Pratt Street
Baltimore, MD
March 15 - 18, 2001

Take advantage of PCGS' Show Service!
- Special Show Service -- $60 per coin valued at $1,500 or less
- Standard Show Service -- $100 per coin
Coins may be submitted to all other PCGS grading levels at the show.

For more information about Suburban Washington Baltimore show, contact Ed Kuszmar at 561-995-7984.


Kingswood Coin Auctions Bristol Sale is available for online bidding now through March 1st. A live telephone auction will begin the last day of the auction until 7pm PST. To order your catalog, click here. For more information, call 800-458-4646.
Lyn Knight Currency Auctions proudly presents the Discovery Sale featuring the original First National $5 Bank Note. Bidding is currently available online until March 2nd, culminating with a live floor auction on Saturday, March 3rd in Rosemont, Illinois. Click here to order a beautiful full-color catalog. For more information about this sale, call 877-472-7489 x332.
Bowers and Merena Galleries presents "The Cabinet of Lucien M. LaRiviere - Part II." Online bidding ends March 15th picking up with a live floor auction in Baltimore, Maryland March 15-17. Order your catalog by calling 1-800-222-5993.
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