eCollector - Jan. 27, 2004 | Vol. 5 Number 2 


 

Market Report

It's Long Beach Week as Auctions Soar and Bourse Gets Ready to Roar
Long Beach Coin & Collectibles Exposition opens on Thursday to the public. Gold starts upward once again after falling about 5%. Silver dollars, Walking Liberty half dollars continue to be market leaders. "Auction pressure" has spilled over onto the bourse floor. Click here to read more.

Set Registry Spotlight

John P. Kutasi - Current Finest Indian Head $5, Circulation Strikes (1908-1929) Set
We love to see a collector complete a classic set, such as the very difficult $5 Indian set. John Kutasi should be very proud of this accomplishment. Eight of the coins in this 24 coin set are "Pop-Tops" (the finest graded) and no coin grades below a Mint State 64. Not only is John's set 100% complete, but it is the only current set to reach completion. Take a look at this outstanding set -- click here.

The Euros Visit Long Beach! The Euro was formally introduced on January 1, 2002, as the single European currency with eight different coin denominations: 1, 2, 5, 10, 20 and 50-cents, and 1 and 2 Euros. Each denomination has its own, common design, but each country has its own reverse designs for the Euro coinage. Most of the 15 countries now using the Euro are already issuing or planning to issue official mint and proof sets, making these coins very highly collectible. At the Long Beach Show this week, PCGS will have a display of the new European coinage. These coins are not only historic, but in many cases incredibly beautiful. Stop by booth #807 and take a look at what some collectors are calling the next hot area in numismatics.

The following new set compositions have recently been added to the Registry: 1898 Mint Set with Gold; 1898 Mint Set; 1898 Proof Set with Gold; 1898 Proof Set, Complete Euro Set, Circulation Strikes (1999-2002); Complete Euro Set, Circulation Strikes (1999); Complete Euro Set, Circulation Strikes (2000); Complete Euro Set, Circulation Strikes (2001); Complete Euro Set, Circulation Strikes (2002); Complete Euro Set, Proof (1999-2002); Complete Euro Set, Proof (1999); Complete Euro Set, Proof (2000); Complete Euro Set, Proof (2001) and Complete Euro Set, Proof (2002).

Visit the Set Registry News page for frequent updates.

If you have had a coin regraded and have not updated your set with the new certification number, we urge you to do so at your convenience. Invalid certification numbers will now show up in the Registry as "nograde" and could temporarily result in a lower set rating until you have updated your set. Please note that images and descriptions are tied to certification numbers, so if you replace a number, you will need to re-enter a description or image. Should you have any questions, please email [email protected] and we'll be glad to assist you.

The last variety set to be updated is Morgan Dollars. This set is now on the top of our task list. Morgan dollar varieties have been a controversial issue and have demanded much consideration. We apologize for the long delay and appreciate your patience.

PCGS Set Registry/Forum Pins are back by popular demand! If you attend a coin show where PCGS has a booth, please stop by and ask for your complimentary pin.

Fun, educational, and sometimes controversial, the PCGS Set RegistryTM 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 an Indian Head $5 set? Go to the Authorized Dealer link on PCGS and click on Gold 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.

Expert's Corner

Grading Early United States Gold Coins
What ingredients go into grading early U.S. gold coins? There are five major factors, including preservations of surfaces, strike, coloration and more. Douglas Winter breaks down these elements in a highly educational article. Click here to read on.

Collector's Survey

If you could attend one coin show a year, all expenses paid, which one would you choose?

  1. One of the three Long Beach shows! I hear they're busier than the ANA conventions and lots of fun.
  2. The F.U.N. show! The first show of the year and definitely one of the major numismatic events, plus it's Florida in January.
  3. The summer ANA convention! It's the granddaddy of them all and sounds like a great way to spend a week.
  4. One of the Baltimore shows! Lots of action in a nice environment.
  5. The Silver Dollar show! This used to be one of the best and it will be once again.

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

Results from last survey: 41% said that the 1864-L Indian cent in PCGS PR64RD -- which sold for $118,450 -- realized the most amazing price at Heritage Coin Auctions' F.U.N. show sale. Click here for a complete breakdown.


What is a "cull?" 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 Indian Head $5.


Our Readers Ask

Question: I heard that toned coins (not just monster toned) were really hot at the F.U.N. show. What is your opinion on the future market of toned coins in the next few years?

Answer: I feel that the resurgence of demand for "monster" toned coins in the past few years is a fantastic development. In the '70s we used to get $25 or so for common date Morgans with wild toning when full retail on white Gems was $8 to $10. Then in the late '90s everybody wanted "White" coins. I love the wild red, blue, and green toned silver coins and I'm really glad those coins are once again selling for the premiums they deserve.

I think it's a healthy market and I think really pretty coins are worth a premium.

-- 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

Quarterly Collectors Club Grading Special
Way down yonder in New Orleans... coins from this historic Mint haven't been struck in 95 years, but Collectors Club members can have one graded for free during the first quarter of 2004 (from now through March 31). So dig out that 1885-O dollar or that 1909-O quarter or that 1838-O half dollar (dream on!) and send it on in! Each coin will be graded and authenticated through the Regular Service, which takes 15 business days. All that you have to pay for is the postage. This offer is for Gold and Platinum Members only.

Important Show Updates!

The Long Beach Coin, Stamp, and Collectibles Expo

Location:
Long Beach
Convention Center
100 S. Pine Ave.
Long Beach, CA 90802
Jan. 29-Feb. 1, 2004

Show Info:
For more information on the Long Beach Expo visit www.longbeachexpo.com.

For more information on PCGS's list of services please 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 Saturday.

Fees for Show Service (on-site grading) are:
  • $80 per coin for coins valued $1500 or less
  • $100 per coin for coins valued over $1500

Show Service turnaround is not guaranteed. Check with a PCGS Representative for daily turnaround times.

Public Show Schedule:
Thu. 1/29 - 10am - 6:30pm
Fri. 1/30 - 10am - 6:30pm
Sat. 1/31 - 10am - 6:30pm
Sun. 2/1 - 10am - 3:00pm
(PCGS will not attend on Sunday)



Baltimore Coin and Currency Convention

Location:
Baltimore Convention Center
1 West Pratt Street
Baltimore, MD 21201
March 11-14, 2004

Show Info:
For more information regarding the Baltimore Coin and Currency Convention, click here.

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

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

Fees for Show Service (on-site grading) are:
  • $80 per coin for coins valued $1500 or less
  • $100 per coin for coins valued over $1500

Show Service turnaround is not guaranteed. Check with a PCGS representative for daily turnaround times.

Public Show Schedule:
Fri. 3/12 10am - 7pm
Sat. 3/13 10am - 7pm
Sun. 3/14 10am - 4pm
(PCGS will not attend on Sunday)



ANA Money Show

Location:
Oregon Convention Center
777 NE Martin Luther King Jr. Blvd.
Portland, Oregon 97232
March 26-28, 2004

Show Info:
For more information regarding the ANA Money Show, click here.

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

PCGS will have representatives available to answer questions and accept submissions of all service levels.

On-site grading and/or courier service will not be offered at this show.

Public Show Schedule:
Fri. 3/26 - 10am - 6:30pm
Sat. 3/27 - 10am - 6:30pm
Sun. 3/28 - 10am - 2:00pm



Santa Clara Coin, Stamp, and Collectibles Expo

Location:
Santa Clara
Convention Center
5001 Great America Pkwy.
Santa Clara, CA 95054
April 2-4, 2004

Show Info:
For more information on the Santa Clara Expo, call 805-962-9939 or visit www.santaclaraexpo.com.

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

PCGS will have representatives available to answer questions and accept submissions of all service levels through Saturday.

On-site grading and/or courier service will not be offered at this show.

Public Show Schedule:
Fri. 4/2 - 10am - 7pm
Sat. 4/3 - 10am - 7pm
Sun. 4/4 - 10am - 3pm
(PCGS will not attend on Sunday)



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