August 19, 2009 | Vol. 9 Number 22
PCGS
Collectors Club Price Guide NEW PCGS CoinFacts Services Set RegistryTM
ANA Show - Coin Market Finally Picks Up
By Jaime Hernandez, eCollector Editor

We just got back from the ANA show in Los Angeles. The ANA show did seem a bit on the light side as far as traffic compared to previous shows. However, the ANA did a fabulous job with the show as they had some great displays this year. PCGS generated a lot of interest in the NEW CoinFacts website. Check it out!

There were mixed results from the dealers we spoke to. Some said business was a little light, while others said they had a good show. It all depends on who you asked.

In the auctions, nice coins were realizing strong prices and sometimes exceeding expectations. For the most part, bidding was aggressive for nice and scarce coins. In fact, only a small percentage of lots did not sell or meet their reserves.

The good news is most coins were not going as cheaply as they were just a couple of months ago. During the show, there was easily 50 million dollars worth of coins being traded by dealers, collectors and the auctions, which is a healthy sign for the coin market.

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 a $10 2000 Liberia coin in a special PCGS holder indicating eCollector issue #22. Check the next issue to see if you won. Good luck!

Last week's winner of the One Ounce Silver Libertad was Leo Walc from Blackfoot, Idaho. Congratulations, Leo!

View list of all past winners.

Offer good while supplies last, and may be altered or cancelled by PCGS at any time.


PCGS Members Only Show Returns August 27

PCGS Authorized Dealers and Collectors Club Members won't want to miss the second PCGS Members Only Coin Show August 27-29, 2009. You are ALL invited to attend, and be a part of the festivities in Las Vegas. Read More...

ANA Show - Ultra High Relief Coins on Fire!

Since the 2009 Ultra High Relief coins were first released earlier this year, customers were only allowed to purchase one coin per household. However, the Mint recently raised the limit to 10 coins per household. Read More...

Collecting Two-Cent Pieces 1864-1873
By Q. David Bowers

Two-cent pieces, a short-lived series, were issued from 1864 through 1873. Exactly why a piece of this denomination was considered necessary in our decimal coinage system is not known. The suspension of specie payments (silver and gold coins) had severely restricted circulating coinage, and perhaps the two-cent piece was intended to help alleviate this.

The idea of a two-cent piece dates back many years earlier. Documents in the National Archives reveal that on December 12, 1836, the director of the U.S. Mint, Robert M. Patterson, proposed that a two-cent piece be coined. Early in 1836, Christian Gobrecht, who was to gain fame for his illustrious silver dollars of the 1836-1839 period, prepared patterns of this denomination. Read More...
Bob Grellman previews sale of Dan Holmes Large Cent Collection to be held 9/6/09 Watch video!
PCGS CoinFacts – an Industry Favorite!
By Jaime Hernandez

The launch of our new PCGS CoinFacts website has already created quite a buzz in the numismatic industry. Click here to see what has coin enthusiasts so excited.

I've been converted to an enthusiastic subscriber. The ability to see on one page all auction examples of a given issue (including Goldberg and Bowers and Merena) is worth much more than the subscription price.
- P.B., Collector -

Just joined. Great site. It's worth it to me because of the time I will save. It's great to have that much information on a single page. I would have to look at several sites to gain that same information. I'm having a fun time with it. You guys did an excellent job on this. Thanks!
- L.S., Collector -
Read More...

Having a Great Attitude Pays Off in the Coin Market

Some of the best things about coins are the stories behind them, and the stories about the individuals who owned or sold the coins.

Recently I was told a true-life story I thought was wonderful. It's about a long-time coin dealer who goes out of his way to make his customer happy.

Years ago, there was a collector at a local Long Beach coin show who was going around and purchasing coins from several dealers at that show. In reality, he was a wealthy collector who was actually testing the dealers to see who he would like to do business with. Read More...
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