Market Report

Long Beach is Rousing Success as Early Type, Dollars and Dated Coins Continue to Sizzle
Long Beach show is extremely active in both the auction rooms and on the bourse floor. Rare date 20th century coins continue to be in great demand. Commemoratives and Walking Liberty half dollars are selling fast. There's tremendous interest in deep mirror prooflike dollars of high quality. 1794 and 1804 silver dollars are among highlights of Long Beach displays. Kingswood "Durham" sale is on the docket for June 7.
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NEW! Resource Links now available on the PCGS website. Looking for the ANA website? How about the U.S. Mint? Two clicks and you are there! Click here for resources.


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.

The Expert's Corner

Do You Collect Washingtons?
Over the years many nicknames have been used for coins, such as trimes for silver three-cent pieces, being a term employed by the Treasury Department, but not popular with the public; the famous stellas or $4 gold pieces; the nickels for five-cent pieces, and so on. In the 1850s, when the denomination was first released, it was suggested that the term Washington be used for the $20 gold coins.
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Search for your favorite PCGS Authorized Dealer by specialty. Building a type set? Go to the Authorized Dealer link on PCGS and click on United States Coins 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.

This week's Featured Dealer is Albanese Rare Coins, Inc. Father and son coin dealers, David and Dean Albanese, specialize in U.S. coins. Their website offers an inventory list with great images updated daily, a link to their auctions on eBay, and a coin of the month.


Set Registry Spotlight

Swan Family Collection - US Type Coin Set - The Number One Finest Set of All Time
Missing only four coins from this 134 coin set, the Swan Family Type Set is a collector's dream. The set grades an average 63.18 and contains pedigreed coins from Eliasberg, Pittman, Garrett, Bass, and Norweb. Although optional, the set even boasts a Flowing Hair Stella. This set was assembled over a five year period and is an awesome achievement. Congratulations to the Swan Family!

The PCGS Set RegistryTM is a work in progress with new sets continually being added. New to the Registry is a Modern Coin Type Set, Dahlonega Gold, and Mint State Sacagawea Dollars. If you'd like to see a set added, please send your suggestion to [email protected].

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

Our Readers Ask

Question: I recently received as a gift two very attractive "painted" modern American coins, which my wife bought in response to an offer that they are rare and were highly desired. When did the Mint start coloring coins, and how many were colored? Are these going to go up in value? What are your thoughts? I can't seem to find much in the way of information anywhere, and there is nothing about them in the "Guide Book."

Answer: Such pieces, widely advertised, consist of current coins available inexpensively from the Bureau of the Mint, in their original (non-painted or enameled) form. In the private sector these have been painted, enameled, or otherwise colored to show Miss Liberty dressed in red, white and blue, or some other aspect thought to be interesting. From a numismatic viewpoint, such pieces are apt to be considered damaged, not enhanced. In a promotion recently received in the mail (from Sears), much enthusiastic copy was devoted to this, with not a single mention that these were not official Mint products.

Year in and year out the Bureau of the Mint has to struggle with people who ride on its coat tails-making all sorts of private alterations and adjustments to the coins, and endeavoring to sell them as being collector's items. No doubt some do collect them, but the proper way to advertise such pieces would be to say that these are official mint coins that have been enhanced by coloring to create souvenirs. However, there may be something to the old saying, "If you can't lick 'em, join 'em," and even the Bureau of the Mint sells some "souvenirs" altered by outside sources, such as coins drilled and scooped out to enclose watch mechanisms.

However, it is always possible that someday such privately made pieces will be collected. In numismatics, there are certain older coins of the above nature that are valuable and attract attention. Examples include British, Hawaiian, and other coins that were enameled in the 19th century and used as jewelry. I once purchased a large, almost definitive collection of such British pieces formed over a period of decades by Fred J. Jeffery, of Melksham, Wiltshire, England (Jeffery is remembered as the numismatist who suggested that on the 1953 British crown, Queen Elizabeth II be depicted on horseback). Scooped-out trade dollars, made to enclose photographs or notes, were sold at the World's Columbian Exposition in 1893. "Love tokens," so called, consisting of coins and tokens engraved with initials, sentimental inscriptions, and other things, play to a wide numismatic audience.
--Q. David Bowers, Bowers and Merena Galleries


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

Announcements

KINGSWOOD SALE ENDS THURSDAY!

Kingswood Coin Auctions "Durham Sale" ends Thursday, June 7th at 7pm PST. This auction culminates with a live telephone auction on Thursday. Don't miss this opportunity to bid on your favorite collector coins all graded by PCGS. Bid on the Internet or by email, mail, fax, or telephone. Call toll-free for more information: 1-800-458-4646. Click here to bid now.

BOWERS AND MERENA SALE GOES ONLINE TODAY

The "Lake Geneva Sale," scheduled to be sold June 28-29 in Chicago, brings to market a fine selection of choice and rare United States Coins from all series-a superb variety of items to fulfill any collecting interest! Click here to view and bid online.

SEE PCGS IN ATLANTA!

PCGS will be at the Atlanta "Pre" Coin Show, the PNG Show and the ANA World's Fair of Money!

PCGS will be accepting submissions and offering on-site grading service at the following shows:

Atlanta "Pre" Coin Show
Gwinnett Civic Center
Duluth, GA
August 2 - 5, 2001

PNG Show
Cobb Galleria Center
Atlanta, GA
August 6 - 7, 2001

ANA World's Fair of Money
Cobb Galleria Center
Atlanta, GA
August 7 - 12, 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.

    Have your coins graded by PCGS and save on one-way postage! You may submit your coins at the show to all PCGS grading service levels. Submissions will be accepted from Thursday, August 2*, through Sunday, August 12. Your PCGS-graded coins will be mailed to you following the show.

    *Thursday, August 2 and Monday and Tuesday, August 6 & 7 are Dealer Set Up Days. Check with the show promoter for access to the facility.

    Atlanta "Pre" Coin Show and ANA World's Fair of Money Show Hours are as follows:

    Date Dealer schedule Public schedule
    Thursday 8/2 Pre Show 3pm - 8pm *Set-up Day
    Friday 8/3 9am - 6pm 10am - 6pm
    Saturday 8/4 9am - 6pm 10am - 6pm
    Sunday 8/5 9am - 2pm 10am - 2pm
    Monday 8/6 PNG 5pm - 8pm *Set-up Day
    Tuesday 8/7 PNG/ANA 8am - 7pm *Set-up Day
    Wednesday 8/8 ANA 8am - 7pm 10am - 6pm
    Thursday 8/9 9am - 7pm 10am - 6pm
    Friday 8/10 9am - 7pm 10am - 6pm
    Saturday 8/11 9am - 7pm 10am - 6pm
    Sunday 8/12 9am - 2pm 10am - 2pm

    For more information about PCGS grading at the show, call
    800-447-8848.

    For more information about the Atlanta "Pre" Coin Show call
    253-565-6565 or the ANA World's Fair of Money show, call
    800-367-9723.

    Note: Show schedule subject to change.


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