eCollector - May 6, 2003 | Vol. 4 Number 9 


 

Market Report

''Big-Ticket'' Items Selling Well as Central States Show is Success
Proof gold, Liberty Seated and Bust material are hot. DMPL and other dollars continue to sell quickly. Auction is "strong" at CSNS show. L. K. Rudolf sale is May 13-14. PCGS Set Registry, Internet continue to fuel modern coin market. DCAM Proofs from the 1950s and 1960s are especially tough to locate. Click here to read more.

Set Registry Spotlight

The Star Collection - The Number One Finest Three Cent Silvers Type 3, Proof (1859-1873)
Tiny little coins that pack a big punch, Three Cent Silvers are popular with collectors today because many were exported or melted and few survived. Five coins in the Star collection are Pop-tops (the finest graded) and three of those five are currently the finest known! Congratulations to the owner of the Star Collection for putting together a beautiful set! Click here to enjoy.

The 2003 PCGS Set Registry Awards are just around the corner. As a reminder, the deadline for updates is June 30, 2003. Click here for details.

New set composites online include Early Mint and Proof Sets from 1913-1916; Lincoln Cents, Proof (1909-1958); Jefferson Nickel Basic War Set, Circulation Strikes (1942-1945); Jefferson Nickel War Set with Varieties, Circulation Strikes (1942-1945); Liberty $10 Gold Basic Set, Circulation Strikes (1838-1908); Liberty $10 Gold with Varieties, Circulation Strikes (1838-1908); Liberty $10 Gold, Proof (1838-1858); Liberty $10 Gold, Proof (1859-1907); 20th Century Gold Series, Proof (1908-1915). 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 Three Cent Silvers set? Go to the Authorized Dealer link on PCGS and click on 19th Century Silver Coins 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.

PCGS Expert's Corner

Rare Coin Purchasing Strategies
In 1996, two collectors decided to assemble a million dollar collection of high grade United States coinage. Seven years later, both decided to sell. One now has a collection that is worth upwards of $2 million while the other individual's coins are worth $600,000. What did collector #1 do that was so much smarter than the other? Click here to read more. (Article courtesy RareGoldCoins.com)

Collector's Survey
While the rare coin market is strong and active, many of the prices are still only 20% or so of the 1989 highs. Which one of these five areas has the best chance of seeing the "glory levels" of 14 years ago?

  1. MS67 and MS68 Morgan dollars. They're not a rare as we thought, but they're beautiful and ultra-popular.
  2. MS67 commemoratives. Some of these prices are only 10% of 1989 highs! Watch 'em go in the future!
  3. MS67 Gold type. Remember when an MS67 $20 St. Gaudens was over $30,000? These coins are too cheap!
  4. MS67 Liberty Seated type. An MS67 Liberty Seated quarter was $20,000 in 1980 and again in 1989. This area has explosive potential.
  5. MS65+ "dated" gold. The low-population top-quality gold coins used to bring big premiums. They're going to do so again!

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

Results from last survey: Given our five choices, 37% would elect to assemble a complete gold type set if they had a respectable (but not unlimited) sum of money to spend. Click here for a complete breakdown.


What's a "trime?" 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 Three Cent Silvers.


Our Readers Ask

Question: Let's say I get a coin graded by PCGS and decide to crack it for some purpose, for example to submit to one of the other grading services that I am told exist somewhere out there. Then I see the light and want my coin back in a PCGS holder. Can I send the cracked PCGS slab and label back as a reholder, or must I submit the coin for grading again?

Answer: You would need to send the coin in for grading again. We of course trust you totally. However, there are a few people that would claim a coin was in a certain PCGS holder when it was really a different coin that was in that holder. Consequently, if you crack and gamble... you crack and gamble.

-- 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

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.


Important Show Updates!

Long Beach Coin and Collectibles Exposition
Long Beach Convention Center
100 South Pine Ave
Long Beach, CA
May 29-June 1

MIDAMERICA Coin Expo
Donald E. Stephens Convention Center
Rosemont, IL
June 26-29

Long Beach Coin and Collectibles Expo: PCGS will be offering walk through Service. You may also submit your coins to all PCGS grading service levels through Saturday. Your PCGS-graded coins will be mailed back to you.

Walk Through Service
  • $65.00 per coin (5 coin minimum per order) for coins valued under $1500.00
  • $100.00 per coin for coins valued over $1,500.00
Show Hours
  • Thurs. 5/29 - 10 am - 6:30 pm
  • Friday 5/30 - 10am - 6:30 pm
  • Sat. 5/31 - 10am - 6:30 pm
  • Sun. 6/1 - 10am - 3 pm
    (PCGS will not attend on Sunday)

MIDAMERICA Coin Expo: Have your coins graded by PCGS and save on one-way postage! You may also submit your coins to all PCGS grading service levels. Your PCGS-graded coins will be mailed back to you.

  • Thur. 6/26 - 10 am - 6 pm
  • Fri. 6/27 - 10 am - 6 pm
  • Sat. 6/28 - 10 am - 6 pm
  • Sun. 6/29 - 10 am - 2 pm
    (PCGS will not attend on Sunday)

Upcoming Shows

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

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

ANA World's Fair of Money
Baltimore Convention Center
1 West Pratt Street
Baltimore, MD
July 30-August 3

For more information regarding the ANA World's Fair of Money please visit www.money.org.

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