June 9, 2009 | Vol. 9 Number 16
PCGS
Collectors Club Price Guide Pop Report CoinFacts Auction Prices Realized Set Registry
Long Beach Show is a Success for PCGS
By Jaime Hernandez, eCollector Editor

Back to work after an eventful coin show in Long Beach May 28-30. Many of the dealers and collectors I spoke with felt overall the show went very well. Some were selling a lot of generic gold material due the increase in the spot price of gold, while others were selling some nice high-end coins.

On the buying side, many dealers seemed to be more selective with their purchases since much of the material was being offered at such good prices. Collectors seemed to spend more time in the isles as there were many great bargains to be had both on the bourse floor and at the auctions.

At the PCGS booth, we had a tremendous amount of activity, and the new $65 Special proved to be very popular. For those of you who attended the show, we hope you enjoyed the show as much as we did and we hope to see you at the next one in September!

As always, let us know how you're 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 1986 PCGS PR Statue of Liberty Commemorative half dollar in a special PCGS holder indicating eCollector issue #16. 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 Anthony Holzberg of Dayton, Ohio. Congratulations, Anthony!

View list of all past winners.

Offer good while supplies last, and may be altered or cancelled by PCGS at any time.
How to Avoid Purchasing Counterfeit Coins
By David Hall

The issue of counterfeit numismatic items produced in China and imported into the United States has become a "hot button" topic the past year.

Counterfeit U.S. coins, some housed in counterfeit Professional Coin Grading Service and Numismatic Guaranty Corp. holders, are now a numismatic fact of life. And the industry suddenly has a sense of urgency and outrage about the "problem." But I have a very strong opinion that this isn't all that it seems, and I know that coin buyers, both collectors and dealers, can easily avoid the issue altogether. It's really quite simple. Read More...

Coins and Politics
By Joel Rettew

Politics and rare coins might not seem to go together, but they are linked throughout the history of the United States. From the first coins in the 1650s, to the change you carry in your pocket, political influence has played a significant part in U.S. coinage.

The first coin struck in what is now known as the United Sates was minted in 1652, more than a century before the United States existed. The Massachusetts Bay Colony struck silver coins from 1652 through about 1682, yet all but one of the denominations always carried the date 1652 regardless of the actual year of issue. Why you ask? Politics. Read More...

Proof Presidential Dollars Found with Weak Edge Lettering
By Jaime Hernandez

Recently, collector Ronald Lee from California submitted a Proof Presidential dollar with weak edge lettering to PCGS.

Although this variety may not be very dramatic, there are dozens of collectors who aim to collect every variety in the Presidential dollar series. On business strike Presidential dollars, many errors have been found, including weak edge lettering (part of a letter missing), partial edge lettering (one or more letters missing), overlapped lettering (doubled letters over each other), inverted edge lettering (doubled lettering with a second set of inscriptions inverted over the first) and finally, the missing edge lettering coins. The edge lettering on these coins is applied with a Schuler Edge lettering machine or a wheel that impresses the edge inscriptions on the coins. Read More...
Steve Deeds displays highlights from the upcoming Bowers and Merena Baltimore Auction.
Watch video!
Focus on Matte Proof Lincoln Cents
By Jaime Hernandez

The 1909 VDB Matte Proof Lincoln cent boasts one of the lowest survival rates of any proof or business strike Lincoln cent produced from 1909 to date. The delicate and stimulating matte finish, along with the scarcity of Matte Proof Lincoln cents has captured the imagination of both experienced and new collectors. For years, the 1909 VDB Matte Proof Lincoln cents were one of the most underrated and unappreciated series in the U.S. coin market. Today, they comprise one of the most explosive and irresistible items in a series that has really begun to take off.

The Matte Proof 1909 VDB cent will certainly make a wonderful addition to any numismatic collection. In fact, today very few of these unusual coins exist to satisfy the increased demand from collectors. Some major numismatic references list the 1909 VDB Matte Proof Lincoln as having a mintage of 420 coins, while others list it as having a mintage of 1,194. The latest PCGS population shows only 101 coins submitted in all grades combined. Whatever the correct mintage or survival rate is, it still remains the single rarest Proof Lincoln cent.

Many of the ungraded coins may have been lost or damaged years ago. Some coins in the Population Report may also be coins that have been resubmitted more than once, which may cause an inflated number of coins in existence. Despite these limitations, the Population Report is a good source to determine the most current scarcity levels. Read More...
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