|eCollector - June 3, 2003 | Vol. 4 Number 11|
Long Beach is "Really Good" as Bourse Activity and Auctions Roar
Set Registry Spotlight
JSB & Sons - The Number One Finest $2-1/2 Indian Head Set, Circulation Strikes (1908-1929)
A special thanks is extended to the owner of the Cardinal Collection, the fabulous set of early dollars ranked #1 in the Set Registry, for allowing PCGS the opportunity to display this phenomenal collection at the Long Beach coin show. If you missed seeing the Cardinal Collection, and did not pick up your complimentary copy of the booklet "Early Dollars: A Pocket Guide to Major Varieties," click here and we'll be glad to send you a copy.
New set composites online include 1908 Mint and Proof Sets; Large Cents Basic Set, Circulation Strikes 1793-1814, Large Cents Basic Variety Set, Circulation Strikes 1793-1814. The following set has been weighted: Large Cents Complete Variety Set, Circulation Strikes 1793-1814. The following weights are currently being previewed: Large Cents Basic Set, Circulation Strikes 1839-1857; Large Cents with Varieties, Circulation Strikes 1839-1857; Large Cents Basic Set, Circulation Strikes 1816-1839; Large Cents with Varieties, Circulation Strikes 1816-1839. 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.
One of My Favorite Coins
What is "annealing?" 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 $2-1/2 Indian Head gold.
Our Readers Ask
Question: I was not fortunate (or unfortunate) enough to go though the Coin market in 1989.
Can you compare, in simple terms, what this bull market is doing in your opinion that is different from the 1989 coin market?
Answer: Here's my very short take on the bull markets of the past...
1961-1964... Coin collecting boom. A corner coin store in every city in America (downtown Santa Ana, CA had three). Lots of speculation in BU rolls and Proof sets. But lots of collectors putting together sets. Focus was on mintage. Circulated coins were in favor. Condition was not a primary focus.
1971-1974... Gold and silver... the first big bullion run-up. Silver dollars were incredibley strong. Type coins in Gem condition soared for the first time. Focus on rarity, quality was also important.
1977-1980... More gold and silver bullion run-up. Huge investor demand. Lots of focus on both quality and rarity. Coin prices went up 1000% or more. The biggest bull market ever.
1983-1989... Very focused on quality, quality, and quality. Very investor driven. The dawn of PCGS and the slab revolution. Huge (for the time) quality premiums on ga-ga grades (but nothing like today).
November, 2002 to date... Huge collector demand, Set Registry, Statehood quarters, incredible demand for modern coins... reminds me more of the 1960s than the 1970s and 1980s.
-- David Hall, Professional Coin Grading Service
Join the PCGS Collectors Club ...Enjoy the Benefits!
Oh, that magic Carson City mintmark! It brings back the history of the American West, the Comstock Lode and times when coins were made out of silver and gold. For the second quarter special of 2003 (April 1-June 30) Collectors Club members may submit one Carson City coin of any denomination for FREE grading and authentication by the PCGS experts. All you have to pay for is the postage. Each coin will be handled through the Regular Service, which takes 15 business days. This offer is available to Gold and Platinum level Collectors Club members only.
The Bowers and Merena Sanctuary Sale is Now Online!
A wide range of coins, from a doubled die 1916 Buffalo nickel to a Proof 1882 Trade Dollar, are currently being offered in "The Sanctuary Sale" by Bowers and Merena Galleries. The auction, named in honor of the firm's new office location, will be conducted in conjunction with the 22nd Annual MidAmerica Coin Expo in the Chicago suburb of Rosemont, Illinois, June 26 - 28, 2003. Online bidding is now underway. Click here to participate.
Kingswood Coin Auctions' New Castle Sale Closes June 5!
The New Castle Sale, the 14th in the line of Kingswood's "alphabet series" of auctions, is still online, but for a limited time! This sale features 966 lots of PCGS and NGC certified coins, including a wide selection of 19th and 20th century rarities as well as ultra-high grade modern issues.
Click here to view all lots and to bid online.
Important Show Updates!
MIDAMERICA Coin Expo
MIDAMERICA Coin Expo: PCGS will offer Show Service. Submit your coins on Thursday, June 26, by 5:00 p.m. for pick-up on Saturday, June 28.
Special Show Service: $65 per coin valued at $1500 or less (5 coin minimum). $100 per coin for coins over $1500 in value.
Representatives will also be available to answer questions and accept submissions for all levels of service through Saturday.
The 31st Annual Maryland State Numismatic Assoc.
31st Annual Maryland State Numismatic Assoc. Convention and Coin Show (Pre ANA): PCGS will be offering on-site grading. Representatives will be available to answer questions and accept submissions for all levels of service through Sunday.
Cut-off time for same day/next day service is 12 noon on Sunday.
ANA World's Fair of Money
For more information regarding the ANA World's Fair of Money please visit www.money.org.
Long Beach Coin and Collectibles Exposition
For more information regarding the Long Beach Coin and Collectibles Expo please visit www.longbeachshow.com.