June 23, 2009 | Vol. 9 Number 17
PCGS
Collectors Club Price Guide Pop Report CoinFacts Auction Prices Realized Set Registry
Baltimore Show Receives Mixed but Mostly Positive Reviews
By Jaime Hernandez, eCollector Editor

The Baltimore Coin and Currency Convention just concluded and it seemed to go well for most of the major dealers with whom we spoke. A few others reported not having such a good show.

However, dealers who reported having a good show indicated they had to reduce their pricing to reflect the new levels in the market. Those that did not do well were mostly the ones who didn't adjust their prices to the new lower levels.

One conclusion we reached is, if the coins are priced right, they are selling. There are buyers out there! For us, we had a good show as we were busy taking in a lot of submissions.

As always, please give us your thoughts or comments on 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 1982-S 50C PCGS PR69DCAM Washington in a special PCGS holder indicating eCollector issue #17. Check the next issue to see if you won. Good luck!

Last week's winner of the 1986 PCGS PR Statue of Liberty Commemorative Half Dollar was Joseph Beasley of Kernersville, North Carolina. Congratulations, Joseph!

View list of all past winners.

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

After successful trials at two major shows, our two new show grading specials have been made permanent. And there's even more good news! We've raised the limits to help fight inflation, and they are now both available to collectors and dealers alike. (Note: these specials are available at shows only.)

$65 Show Grading Special
What's New:
The limit has been raised to $3,000.

$45 Gold Show Service
What's New:
This program is now available to PCGS Collectors Club members in addition to Authorized Dealers. And it applies to all U.S. gold coins valued under $3,000, not just $10 and $20 gold pieces. Read More...

ANA to Debut Museum Showcase in Los Angeles

The American Numismatic Association will introduce its inaugural Museum Showcase, featuring rarely seen numismatic treasures from the Smithsonian Institution, the ANA Edward C. Rochette Money Museum and private collectors, at the 2009 Los Angeles World's Fair of Money®, August 5-9 at the Los Angeles Convention Center.

The Museum Showcase will be located on the bourse in a separate location from the Collector Gallery and Mint Promenade, and will feature museum-quality exhibits. Read More...

The Dubious Mint Marks
By Mike Sargent

In this article, we will look at a few examples of added mint marks. Added mint marks are commonplace with several series of U.S. coins. The easiest way to distinguish between genuine and added mint marks is to know the subtle nuances of an original coin. For instance, on Morgan dollars, there is a significant difference in luster between dollars produced in San Francisco and those minted in Philadelphia, as well as the strike of the coin. An "S" mint mark adhered to a Philadelphia dollar is the most commonly encountered Morgan counterfeit.

Most of the added mint marks occur on Mint State coins, excluding the 1893-S dollar that is almost always encountered in circulated condition. On most genuine "S" mint dollars, the luster is very vibrant and usually slightly PL, with an above-average strike. That is different from the usual "P" mint dollar that has a much more subdued, satiny look with an average strike at best. Because mint marks were individually hand punched and most dates have too many dies, you cannot rely on using the placement of the mint mark to guarantee the authenticity.

There are two different ways in which these coins are counterfeited. The most difficult method, yet the hardest to detect, is achieved when the counterfeiter shaves an "S" off a common-date genuine Morgan dollar. Read More...
Miles Standish reminisces with
Silver Dollar expert John Love at the Members Only Show
. Watch video!
My Magic Coin Carpet
By Joel Rettew

Years ago growing up as a poor young boy in Pennsylvania, I would often fantasize about having a magic carpet or a time machine to go back to a world long gone.

A time machine or a magic carpet would be the vehicle to transport me back to the Civil War which has been and always will be one of my favorite subjects in history.

On my 15th birthday, my Aunt Elaine gave me three Civil War Tokens. Suddenly I woke up. Here was my magic carpet that I had fantasized about all these years. Holding coins in your hand, you can fantasize about that moment in time when they first circulated. You can go back to 1864 and try to imagine what life was like without computers, automobiles, cell phones, running water, electricity and all the thousands of things we have become accustomed to and we take for granted.

What can you see around you today that you can look at and hold in your hand that was there in 1864? A coin is history you can hold in your hands. It was there in 1864 and you can be there in 1864 too. The coin becomes much more than a coin. It becomes a magic carpet to the past.

In 1864, the Civil War was drawing to a close; a war during which we lost almost 500,000 men and divided brother against brother. The loss of life is even more dramatic when you put into perspective that the population of the United States during the Civil War was only 22 million. So a loss of life of 500,000 men on both sides was huge in relation to the population at that time. While writing this, I have my 1864 Civil War token in my hands as it takes us back in time on our magic carpet. Read More...
© 2009 PCGS, Inc. A Division of Collectors Universe. All Rights Reserved.