August 5, 2009 | Vol. 9 Number 21
PCGS
Collectors Club Price Guide NEW PCGS CoinFacts Services Set RegistryTM
ANA Show Will Reflect Current Coin Market Condition
By Jaime Hernandez, eCollector Editor

There are still not enough nice fresh coins coming into the market to please collectors and dealers. And for the past couple of months, coins have been commanding lower prices than last year.

But there will still be a lot of coins being sold at the ANA show by several of the major auction companies. Many dealers and collectors are anxiously waiting for the ANA, as it will provide them a front row view of what is really going on in the coin market.

In the past few months, a number of collectors have been holding back on selling their coins until they see better prices being realized. Therefore, the ANA show will definitely give us a good barometer of whether most coins have dropped in price, remained the same, or picked up compared to the past few months.

Stay tuned for the next issue of the eCollector and we will bring you the most current market news and updates based on the ANA show. And be sure to watch this video to see what PCGS and the ANA have in store for show attendees.

As always, please let us know how you are enjoying the PCGS eCollector.
eCollector Subscribers: WIN a Free Coin!
(For eCollector Subscribers only)

In each issue of eCollector, we randomly draw a name from our subscribers.

The winner in this issue will receive a One Ounce Mexican Libertad in a special PCGS holder indicating eCollector issue # 21. Check the next issue to see if you won. Good luck!

Last week's winner of the 2009-P Lincoln Bicentennial PCGS PR Abraham Lincoln dollar was Scott Corwin of Los Angeles, California. Congratulations, Scott!

The winner of the Special CoinFacts Edition 2009 BU Silver Eagle was Krista Hill of Laurel, Maryland. Congratulations, Krista!

View list of all past winners.

Offer good while supplies last, and may be altered or cancelled by PCGS at any time.
Grading Mint State Indian Cents
Reprinted with permission from PCGS's Official Guide to Coin Grading and Counterfeit Detection.

Indian Head Cent (Copper-Nickel)(1859-1864)

MARKS: As with the Flying Eagle cents, these coins were made from copper-nickel alloy. Resultant marks and other surface impairments are noticeable to about the same degree for the obverse. The reverse of the first type, with no shield and a thin laurel wreath reverse, shows marks and other detractions more easily than the second type, with a shield and the more complex oak wreath.

LUSTER: As with Flying Eagle cents, all types of luster variations are seen, with the typical coin having satin to slightly frosty luster. Flat-luster, semi-prooflike, and prooflike specimens are fairly common. There is seldom frost on the devices and lettering, and the surface texture is usually very uniform. Read More...

Ultra High Relief Coins - One Coin per Household Limit Increased

As of Monday July 27, the U.S. Mint has increased the number of Ultra High Relief coins that customers are allowed to order.

Since the coins were first released earlier this year, the Mint has only allowed customers to order one coin per household. The initial price from the Mint was about $1,250 for each coin. Due to the ordering restrictions, the coins were bringing hundreds of dollars over the Mint's issue price in the first few weeks that the coins were being delivered. Some of the coins in the original packaging were bringing at least $1,700 and sometimes much more. Read More...

Coming Soon - 2009 $50 Uncirculated Gold Buffaloes

The U.S. Mint will not cease production of 2009 uncirculated $50 American Buffalo coins this year after all.

Last month, we reported that the Mint had canceled the production of 2009 uncirculated $50 American Buffaloes. However, recently the U.S. Mint made this revised announcement on their website:

2009 American Buffalo Gold Bullion Coin Update - Annual production of the United States Mint American Buffalo Gold Bullion Coins is required by law. As a result, the United States Mint is presently developing a production and launch schedule to determine the earliest possible release of these coins through the Authorized Purchaser network. Read More...
Dwight Manley shares career highlights, previews incredible early colonials to be displayed at ANA. Watch video!
PCGS-Certified Coins in World Spotlight in L.A. By Donn Pearlman

Some of the world's most famous, historic and valuable rare coins - certified by Professional Coin Grading Service (PCGS) - will be highlights at the American Numismatic Association World's Fair of Money in the Los Angeles Convention Center West Hall, August 5 - 9, 2009.

"This truly will be a once-in-a-lifetime opportunity for many people to see some of the most important coins in numismatics in one place at one time," said Don Willis, President of PCGS, a division of Collectors Universe, Inc. (NASDAQ: CLCT).

PCGS will be displaying the "Leningrad Dutch Flying Eagle Cent Collection," the finest and most complete collection of pattern and regular issue Flying Eagle cents dated 1854-1858, and the "Dwight N. Manley Massachusetts Silver Shilling Design Set" that features extremely rare examples of the first coins struck in the U.S. Colonies beginning in 1652. Full-color brochures about these amazing coins will be available while supplies last at the PCGS booth #130/138. Selected items from the PCGS Grading Set also will be displayed at the booth.

Meet the Expert sessions with Collectors Universe President and PCGS Co-Founder, David Hall, are slated for Thursday August 6. Check with PCGS personnel for the specific times David will be available to meet with collectors and dealers and personally look at your coins.

PCGS CoinFacts President, Ron Guth, will talk about the revamping of the website to make it the Internet's most comprehensive, one-stop source for historical U.S. numismatic information. Read More...
© 2009 PCGS, Inc. A Division of Collectors Universe. All Rights Reserved.