eCollector - July 1, 2003 | Vol. 4 Number 13 


 

Market Report

Market Remains Scorching Hot as MidAmerica Expo, "Sanctuary Sale" Rock
Judging for the PCGS Set Awards is this week. MSNA and ANA are coming soon to Baltimore area. Key Date and Rarities Index hits an all-time high. Carson City dollars and "small type" are among the hottest areas. "Sanctuary Sale" is "absolutely spectacular." Click here to read more.

Set Registry Spotlight

Paul Taylor - The Number One Finest Morgan Dollars Basic Set, Proof (1878-1904)
Paul Taylor is not new to the spotlight. His 20th Century Gold Major Design Type Set was highlighted earlier this year. But when he achieved 100% completion on his proof Morgan dollar set, we just couldn't resist honoring him again. Take a look at this set. Thirteen of the 27-coin set are Pop-tops (the finest graded) and four coins from the set are the single finest known PCGS specimens. This is an absolutely pristine set and an example of how good it can get. Congratulations, Paul! Click here to enjoy.

Thanks to all members participating in this year's PCGS Set Registry Awards. The deadline was June 30th and winners will be announced mid-July. There is no question that the judges will have difficulty in selecting the very best sets as the Registry is listing some of the finest collections ever assembled. Congratulations to those achieving the very best.

As a valued member of the PCGS Set Registry program you and a guest are invited to attend a Set Registry Luncheon at the Sheraton Hotel in Baltimore, Maryland.

David Hall, PCGS President, will give a brief discussion on future plans for the Set Registry. A special recognition will be made to the winners in attendance of the 2003 PCGS Set Registry Awards. Meet other registrants and members of the PCGS staff.

Date: Friday, August 1, 2003
Time: 12-2 p.m.

Sheraton Inner Harbor Hotel
Harborview II Ballroom
300 South Charles St
Baltimore, MD 21201

Please RSVP BJ Searls, Set Registry Manager,
by July 16th: [email protected]

We look forward to seeing you in Baltimore!

Three Awesome Coins from the HIGH DESERT Type Set on Display!
Visit the PCGS booth at the ANA in Baltimore for a very special treat. The owner of the High Desert Type Set, the number one Complete U.S. Type Coin Set (1792-1964) in the Registry, picked three of his favorite coins for display... and these coins are nothing short of spectacular. Stop by the booth to view the finest PCGS graded 1818 Bust Quarter (MS67), an 1859 Seated Half Dollar in Proof 67 (1 of 3 graded), and the only 1900 Barber Half Dollar graded PCGS Proof 68 Deep Cameo. To see these coins out of the bank vault is worth the trip to Baltimore!

New set composites online include Early Mint and Proof Sets from 1900-1902; Large Cents Basic Set, Circulation Strikes 1793-1857; Large Cents Basic Variety Set, Circulation Strikes 1793-1857; Large Cents Complete Variety Set, Circulation Strikes 1793-1857; Large Cents, Proof 1817-1857; Kennedy Half Dollar Silver Short Set, Circulation Strikes (1964-1970); and Kennedy Half Dollar Silver Short Set, Proof (1964-1970). To learn more, visit the Set Registry News page for frequent updates.

Fun, educational, and sometimes controversial, the PCGS Set Registry Messageboard remains the number one informative 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 e-mail [email protected].

Building a Morgan dollars set? Go to the Authorized Dealer link on PCGS and click on Dollars 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.

Expert's Corner

The Story of One Particular Half Eagle (1840D)
You're never too old to love coins! Sylvia Gailey Head, the author of this article, turned 100 in March of 2003 and still enjoys writing, learning and teaching about the coins of Dahlonega. Follow the saga of this rotated reverse variety from the day it was struck. Click here to read more.

Collector's Survey

Does it exist or doesn't it? Here are five coins that are rumored to exist. Most of them were listed in the Red Book at one time (or still are) but the whereabouts of a collectible example is unknown at this time. If a single MS65 specimen showed up, which one would you want?

  1. The 1841-O $5 gold piece.
  2. The 1873-S Liberty Seated dollar.
  3. The 1854-C gold dollar.
  4. The 1895 Morgan dollar circulation strike.
  5. The 1964 Peace dollar.

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

Results from last survey: No contest! 64% think that the Susan B. Anthony dollar is the ugliest of all U.S. coins. Click here for a complete breakdown.


What's the difference between a Type One and a Type Two Buffalo? Find out in Lingo, the PCGS dictionary of numismatic definitions. Click here for Lingo.

Subscribe to the online PCGS Population ReportSM 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 Morgan dollars.


Our Readers Ask

Question: The Population ReportSMs are showing large increases in the Pop-Top categories. Is the grading becoming alot more lenient? For example there were 11 MS68 Washington quarters (1932-1964d) two months ago; now I count 17. I am concerned as a collector and as an investor about flooding the Pop-Tops with coins that don't make the grade.

Answer: I don't believe that grading standards are more lenient recently. In fact, if you talk to our large submitters, most of them complain we've been too tough lately. What happens on coins like the MS68 Washington quarters is that when prices go way up, it becomes very worthwhile to bird dog the coins. With 68s bringing five figures, it's worth the effort to search through rolls and buy fresh deals in order to find some super cherries. The big prices always bring a few more coins out of the woodwork.

-- David Hall, Professional Coin Grading Service

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

Important Show Updates!

The 31st Annual Maryland State Numismatic Assoc. Convention and Coin Show (Pre ANA)

Location:
Ramada Hotel
Exhibition Center
8500 Annapolis Rd.
New Carrollton, MD
July 26-July 28

For more information on PCGS' list of services contact customer service at 800-447-8848.

PCGS will be offering on-site grading. Representatives will be available to answer questions and accept submissions for all levels of service through Sunday.

Fees for on-site (same day/next day) service are:
  • $65 per coin (5 coins minimum per order) for coins valued $1500 or less
  • $100 per coin for coins valued over $1500

Cut-off time for same day/next day service is 12 noon on Sunday.

Show Schedule:
Sat. 7/26 - 10am - 6pm
Sun. 7/27 - 10am - 6pm
Mon. 7/28 - 10am - 4pm
(PCGS will not attend on Monday)



The ANA World's Fair of Money

Location:
Baltimore Convention Center
1 West Pratt St.
Baltimore, MD
July 30 - August 3

Show Info:
For more information on the ANA World's Fair of Money, visit www.money.org.

For more information on PCGS's list of services please contact customer service at 800-447-8847.

PCGS will be offering on-site grading. Representatives will be available to answer questions and accept submissions for all levels of service through Sunday.

Fees for on-site (same day/next day) service are:
  • $65 per coin (5 coins minimum per order) for coins valued $1500 or less.
  • $100 per coin for coins valued over $1500.

Cut-off time for same day/next day service is 12 noon on Saturday.

Show Schedule:
Wed. 7/30 - 10am - 7pm
Thu. 7/31 - 10am - 7pm
Fri. 8/01 - 10am - 7pm
Sat. 8/02 - 10am - 7pm
Sun. 8/03 - 10am - 3pm



Upcoming Shows

Long Beach Coin and Collectibles Exposition
Long Beach Convention Center
100 South Pine Ave
Long Beach, CA
September 17 - September 21

For more information regarding the Long Beach Coin and Collectibles Expo please visit www.longbeachshow.com.

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