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March 17, 2009 | Vol. 9 Number 6
PCGS
Collectors Club Price Guide Pop Report CoinFacts Auction Prices Realized Set Registry
2009 Starting Well for Numismatics
By Jaime Hernandez, eCollector Editor

We hope you have all had a great 2009 so far, including in your numismatic endeavors. We always look forward to your feedback, so please let us know how we can provide a better PCGS eCollector for you. Send us an e-mail and let us know what you want to see and what you don’t want to see in our publication.

In this issue, we feature articles on two interesting coins PCGS has been able to grade recently – the first-known Native American dollar with missing edge lettering, and the new Ultra High Relief coin from the U.S. Mint. The UHR is stunning to say the least!

We have a great article written by David Hall and Ron Howard discussing originality and toning on coins. We hope you enjoy it!

And we’d also like to take this opportunity to remind you about the first-ever PCGS Members Only Coin Show in Las Vegas on April 16-19. Click here for more information.
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 FREE 2009 $1 Australian Koala in a special PCGS holder indicating eCollector issue #10. Check the next issue to see if you won. Good luck!

Last week's winner of the 2009 Silver Eagle was Betty Foley of Stuart, Virginia. Congratulations, Betty!

View list of all past winners.

Offer good while supplies last, and may be altered or cancelled by PCGS at any time.
Breaking News:
PCGS Grades First Native American $1 Coin Missing Edge Lettering
By Jaime Hernandez

On March 6, 2009, PCGS received the first reported and only-known Native American dollar with the edge lettering missing.

PCGS Authorized Dealer and error coin expert Fred Weinberg submitted the coin to PCGS. According to Mr. Weinberg, "this is the same coin that was submitted to Coin World for a press release. So far, just this one Native American coin with missing edge lettering has been found, but I wouldn't be surprised if a few more showed up. The 2009 Native American coins have not been available through banks or normal commerce, so obtaining these coins has been challenging."

So far, the 2009 Native American Sacagawea dollars are only available from the U.S. Mint in $25 rolls or $250 boxes. In fact, the current only-known 2009 Native American dollar coin with missing edge lettering was found by someone who ordered the $250 box directly from the Mint. Therefore, cherry pickers should try these sources to search through coins until they are released into circulation. Read More...

2009 Ultra High Relief Finally Shipping

The 2009 $20 Ultra High Relief coins are shipping at last! Two weeks ago, the U.S. Mint was still sending e-mails indicating different ship dates for the coins.

Some of the first coins received by PCGS were sent in a box along with a book featuring the 2009 Ultra High Relief coin (see images). Coincidentally, the first examples graded by PCGS were assigned the perfect MS70 grade.

I personally inspected one of the first coins, and it was beautifully struck and truly a great numismatic creation by the United States Mint. The coin stood easily on its incredibly thick edge and was very nicely detailed on both the obverse and the reverse. Read More...
Steve Deeds looks ahead to the
Bowers and Merena Baltimore Auction.

Watch video!
Originality and Toning
By David Hall and Ron Howard

What PCGS graders look for on a coin more than anything else is an original surface. There seems to be confusion about what constitutes originality in regard to a coin's surface. Some people think it means a coin that has original toning. That's not the case.

To PCGS graders, original surfaces mean the coin looks as natural as possible. This natural look can occur in both toned and un-toned coins. To continue the example, a silver coin can be totally white and look either natural or over-dipped and washed out. The PCGS graders respond most positively to white silver coins that have natural, glowing luster and don't look like they've been dipped 20 times.

As far as toning goes, the PCGS graders look for original, natural-looking, attractive toning. A coin that looks unnatural is either going to end up with a lower grade or not graded. A toned coin that is overly dark and unattractive is not going to get a high grade no matter how original it looks. Coins that have been artificially toned will be encapsulated in a PCGS Genuine holder and assigned a PCGS No-Grade code of 91, which indicates questionable color. Genuine Not Gradable will also be indicated on the reverse of the holder. Read More...
© 2009 PCGS, Inc. A Division of Collectors Universe. All Rights Reserved.