eCollector - July 2, 2002 | Vol. 3 Number 14 

Market Report

Rare Coin Market Ignores Skittish Economic News and Roars On
"It's the best market I've ever seen," reports numismatic veteran. Silver dollars make huge rebound as interest soars. Generic gold prices remain at bargain-basement levels. Bowers & Merena sale of the Isaac Edmunds Collection is a smashing success. Click here to read more.

Set Registry Spotlight

Robert B. Lecce, Numismatist, Inc. Collection - The Number One Finest California Gold - Mini Type Set
Bob has assembled a magnificent six-piece type set of California gold! In fact, three of the six coins are the finest graded (or tied for that honor) and five of the six are MS65 or better. This is proof that coin dealers can be collectors, too! Click here to enjoy.

The deadline for the 2002 Set Registry Awards was July 1st. The judges have been reviewing the sets and will be making their final decision about the winners next week. The award winners will be announced on the PCGS web site at the Set Registry Awards page, so stay tuned!

Weighting is done for the Twenty cent pieces and the new proof Eagle set composites are online. Previews of proposed weighting are posted on the Set Registry News page for at least a week prior to actually making the changes. This is allowing registrants time to review the changes and submit feedback. Currently for your review are the Franklin half dollars, Jefferson nickels and Kennedy half dollars. Buffalo nickels and Walking Liberty half dollars are coming up in the weighting queue. Your opinion counts, so please let us hear from you before we add weighting to the sets.

Fun, informative, and sometimes controversial, the PCGS Set Registry Messageboard remains the number one coin forum on the Internet. Get involved with other collectors who are currently participating in the Set Registry program or are just beginning. Click here to chat on the Set Registry Messageboard.

The PCGS Set RegistryTM is a work in progress. If you have any suggestions or comments please email [email protected].

Building a California Gold type set? Go to the Authorized Dealer link on PCGS and click on Territorial Issues in Specialties. Looking for dealers with Internet sites? Click on the Internet sites link in services. Search for more than 1,000 dealers in the PCGS Authorized Dealer listings.

The Expert's Corner

Small Denomination Gold
Sometime around 1852, tiny 25c, 50c and $1 gold pieces were created by private parties such as jewelers and novelty makers. Generally these were of little intrinsic value, but what we now call California small denomination gold coins found some use in circulation anyway. This article traces the coins' sketchy history by piecing together the scattered references to them in newspapers and numismatic literature. Click here to read more.

Collector's Survey
It's called Territorial gold, Private gold and Pioneer gold. By any name it is definitely rare. Since it's financially impossible for 99.9% of us to put together a complete collection of "Territorials," which one of these series would be the most fun, interesting and rewarding for you to focus on?
  1. The Bechtler issues. These intriguing coins include the first gold dollar and a lot of North Carolina history.
  2. Moffat & Humbert. These are the coins of the great Gold Rush of 1849 and the predecessors to the San Francisco Mint. What could be better?
  3. The Mormon gold. Even Brigham Young himself got involved in the production of these historic issues.
  4. Clark, Gruber & Co. Colorado Territory around the time that the Civil War began. Great coins!
  5. California Fractionals. This is the "Cal gold" series of quarters, half dollars and dollars. Affordable at the beginning, then... look out!

Click here to answer. Results will be posted in the next eCollector.

Results from last survey: When asked what you would do if you had $75,000 to spend on a Walking Liberty half dollar set, 40% answered that you would put together a complete set...the short set in MS66, the rest of the coins in the "long" short set in MS65 and the balance in XF, AU and MS63, depending on the price. Click here for a complete breakdown.

What is Territorial Gold? Find out in Lingo, the PCGS dictionary of numismatic definitions. Click here for Lingo.

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 to get a free peek at the population statistics for California Gold 25C Territorials.

Our Readers Ask

Question: What is a "store card?" I've seen this term but can't learn what it means.

Answer: This term generally refers to a metallic token, such as a Civil War token or a Hard Times token, bearing the name of a specific merchant, store, tradesman, or business. Thus, an 1844 copper cent-sized token bearing the name of J. Cochran, bellfounder, of Batavia, New York, is considered to be a store card. Somewhat related are "patriotic" and "political" tokens, usually with motifs relating to political figures, issues, or sentiments.

-- 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.

Join the PCGS Collectors Club ...Enjoy the Benefits!
If you love collecting coins, the PCGS Collectors Club is for you. Members enjoy direct access to all PCGS grading services, complimentary PCGS gradings and a wealth of essential information. All PCGS Collectors Club Members enjoy access to all Collectors Universe auctions, eShops and messageboards and the eZines of their choice. Joining is quick and easy. Just click here or call PCGS Customer Service at 800-447-8848. Do it today



Pre-ANA Show
Westchester County Center
White Plains, NY
July 27 - 28, 2002

PNG and ANA - WORLD'S MONEY FAIR - 111th Anniversary Convention
New York Marriott Marquis
1535 Broadway
New York, NY
July 30* - August 4
Booth #904 - 906

Take advantage of PCGS' Show Service!
  • Special Show Service -- $65 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. Your PCGS-graded coins will be mailed to you following the show.

    *Tuesday, July 30 is PNG Day and ANA Dealer Set Up Day. We'll be accepting submissions from 8 a.m. - 7:30 p.m. on July 30. Check with the show promoter for access to the facility.

    Show Hours are as follows:

     Dealer SchedulePublic Schedule
    Sat. 7/279 a.m. - 7 p.m.10 a.m. - 7 p.m.
    Sun. 7/289 a.m. - 5 p.m.10 a.m. - 5 p.m.
    Mon. 7/295 p.m. - 8 p.m.
    (PNG dealer set up)
    Tues. 7/308 a.m. - 3 p.m.(check with promoter for
    access to the facility)
    Tues. 7/304:30 p.m. - 7:30 p.m.
    (ANA dealer set up)
    Wed. 7/318 a.m. - 7 p.m.10 a.m. - 6:30 p.m.
    Thurs. 8/19 a.m. - 7 p.m.10 a.m. - 6:30 p.m.
    Fri. 8/29 a.m. - 7 p.m.10 a.m. - 6:30 p.m.
    Sat. 8/39 a.m. - 7 p.m.10 a.m. - 6 p.m.
    Sun. 8/48 a.m. - 12 p.m.9 a.m. - 12 p.m.

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

    For more information about any of these shows, contact as below:
  • Pre-ANA Show, call 800-303-2282.
  • PNG Show, call 760-728-1300 or go to
  • ANA Show, call 719-632-2646 or go to

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