eCollector - June 18, 2002 | Vol. 3 Number 13 
 

Market Report

1933 $20 is MS65! Market Continues to Show Widespread Strength
PCGS experts view 1933 $20 and absolutely love it! Market activity remains strong, especially for top-quality pieces. Classic coins are selling well in most areas. The biggest bargain in numismatics is... (read the story!). Kingswood "Intervale" sale closes June 20. Click here to read more.

Set Registry Spotlight

Ally Collection - The Number One Finest Walking Liberty Half Dollar Circulation Strikes (1916-1947)
Walking Liberty half dollars are considered by many to be this country's most beautiful coin, and the Ally Collection has captured some of the finest examples in existence. Thirty-four of the coins in this set have none graded higher! Pedigrees include Jack Lee and Ray Cassano. As the number one finest current set and just behind Jack Lee's all time finest set, the Ally Collection is bound for glory. Click here to view this beautiful set.

Congratulations to the High Voltage Collection of Proof Roosevelt Dimes (1965-Present) registered as the 3,000th set in the PCGS Set Registry and the winner of three free gradings! Today there are 3,172 sets registered and over 975 registrants.

The deadline is less than two weeks away for the First Annual PCGS Set Registry Awards 2002. This is just a reminder that all qualifying sets must be validated no later than 11:59 p.m. PST, June 30th. Our team of judges will take several days to review all sets. Winners should be announced the week of July 8th. For more information on the annual awards program, click here.

Last week the weighting for all Eagle and SOL sets was completed. Also, composites for Eagle Mints sets and complete sets of Eagles and SOL coinage have been added to the registry. 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 Twenty Cent sets. Jefferson nickels, Franklin half dollars, Kennedy half dollars and Buffalo nickels are coming up in the weighting queue. Your opinion counts, so please let us hear from you before we add weighting to the sets.

There's lots of activity on the PCGS Set Registry. Do you want to know what new sets have been added and which sets have been updated in the last 5 days? Click here.

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 Walking Liberty half dollars set? Go to the Authorized Dealer link on PCGS and click on 20th Century 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.

The Expert's Corner

Collect With a Purpose
"The vast panorama of American coinage offers many possibilities," writes expert numismatist Q. David Bowers, noting that a decision about which coins to collect can be a difficult one to make. Rather than simply accumulating coins, Bowers suggests collecting with a definite goal in mind, specifically building a type or specialized set. Such a purposeful endeavor not only enhances the fun of collecting but also the chances of financial rewards. Click here to read more.

Collector's Survey
The Walking Liberty half dollar is one of the most beautiful coins in the world (no argument from anyone!) but a complete Gem-quality set is expensive, with price records over $100,000 for a single date. If you had around $75,000 to spend on a set, which of these options would you choose?
  1. The finest quality set of Proofs! This is the prettiest coin, so why not collect it in the prettiest format? Proof 67/68 all the way!
  2. The finest short set! Everything from 1941 through 1947 in hand-picked MS67 (except for the zero population '42-S, of course) with a couple of MS68 coins thrown in.
  3. A great "long" short set! This subset covers the years from 1934-47 and could probably be assembled in MS66 with some bucks left over for future upgrades.
  4. As many coins as possible in top quality! I'd spend the $75,000 on the finest graded of each date that I could find until the money ran out. Maybe later I could finish it when I win the lottery!
  5. A complete set! I'd do 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 to answer. Results will be posted in the next eCollector.

Results from last survey: 36% would attend the 1982 Eliasberg gold auction if they could travel back in time for just one important sale. Click here for a complete breakdown.


What is a Walker? 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 Walking Liberty half dollars.


Our Readers Ask

Question: All of the United States Postal and Fractional Currency Issues (1862-1876) are counterparts of coins of the same denomination except the 15-cent note. There is not a 15-cent coin! I have not been able to find out why they made a 15-cent note for circulation. Do you know?

Answer: No, an answer does not immediately come to mind. Currency and coins have never been particularly well coordinated. Among larger denominations we had, for example, the $2.50 and $3 gold coins, but federal notes of $1, $2, and $5 -- not matching. Even today, the multiples do not coincide. We have a 25-cent coin, 100 of which make $25, but we have no $25 note. On the other hand, we have a $20 note, but no 20-cent coin.

-- 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


Announcements

BID NOW! Kingswood Coins' Intervale Sale Ends This Week!

Kingwood Coins' Intervale Sale ends Thursday, June 20, at 2 p.m. Pacific Time. Less than two days remain to place your bids on this spectacular assembly of PCGS-certified coins and CSA-certified currency. If you are a connoisseur, this sale has opportunities that may not be repeated for a long time and, in some instances, perhaps never. You are in the right place at the right time! Click here to bid!


Bowers and Merena Galleries' "Isaac Edmunds Collection" Sale
Features a Wide Selection of Old-Time Coins and More

In their new "Isaac Edmunds Collection" sale, Bowers and Merena Galleries has selected an old-time name to go along with quite a few old-time coins from various and diverse sources. So, whether you are a long-time expert and specialist or have just discovered "the world's greatest hobby" recently, this sale is a sale for you! To view and bid on the over 3,000 lots included in this auction, click here.


SEE PCGS IN CHICAGO!

MID AMERICA Coin Expo
Donald E. Stephens Convention Center
5555 N. River Rd.
Rosemont, IL
June 28 - 30, 2002

Submissions Only:
Coins may be submitted to PCGS at all grading levels (except Walk-Thru) at the show.

For more information about PCGS' services at the show, call 800-447-8848. For more information about the Mid America Coin Expo, go to: www.collect.com or call Kevin Foley, Bourse Chairman at 414-421-3484.


SEE PCGS IN NEW YORK!

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

Have your coins graded by PCGS and take advantage of PCGS' Show Service!
- Special Show Service -- $65 per coin valued at $1,500 or less
- Standard Show Service -- $100 per coin

Or you may submit your coins at the show to all PCGS grading service levels and save on one-way postage! Your PCGS-graded coins will be mailed to you following the show.

For more information about PCGS grading at the show, call 800-447-8848.
For more information about the ANA Show, call 719-632-2646 or go to www.money.org.

*Tuesday, July 30 is PNG Day and Dealer Set Up Day. Check with the show promoter for access to the facility.


© 1999 - 2004 Collectors Universe Inc. All Rights Reserved.