October 27, 2009 | Vol. 9 Number 27
PCGS
Collectors Club Price Guide NEW PCGS CoinFacts Services Set RegistrySM
How the Coin Market Reflects Inflation
By Jaime Hernandez, eCollector Editor

Last week, the 100th U.S. bank collapsed in this year alone, with many more left struggling. So far it is estimated that over one trillion dollars have been lost because of bank failure. There is no question that inflation of the U.S. Dollar has continued to soar like no other time in history. Another way to gauge the inflation of the dollar is by looking at coin prices from the past.

In this week's eCollector, we go back to 1970 and compare prices for a Doubled Die in XF40 grade. So, make sure you read the 1955 Doubled Die Lincoln cent article.

Other topics this week include the U.S. Mint finally selling over 100,000 Ultra High Reliefs and the Lincoln Chronicles Sets selling out within two days. We also have an article and a video featuring David McCarthy from Kagin's Coins, who shares the intriguing story of Julius Popper.

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 1996-P Olympic Swimming Half Dollar in a special PCGS holder indicating eCollector issue #27. Check the next issue to see if you won. Good luck!

Last week's winner of the 1993-P World War II Half Dollar was Dave Herman from Sacramento, California. Congratulations Dave!

View list of all past winners.

Offer good while supplies last, and may be altered or cancelled by PCGS at any time.
Julius Popper and the Coins of the Argentine Gold Rush
By David McCarthy

A few years ago, I had the chance to participate in the sale of Louis E. Eliasberg, Sr.'s collection of world gold coins. The opportunity to examine a collection of great, under-appreciated material that I would ordinarily never encounter was a thrill, and in the weeks leading up to the auction, I found myself taking a crash course on world coins.

As I examined the catalogue, I was fascinated by two lots near the end of the sale: a pair of coins from Tierra del Fuego, the archipelago found at the southern tip of South America. I had no idea that Tierra del Fuego had ever issued coins and I was captivated by the catalogue's short description of Julius Popper, the man responsible for striking the mysterious pieces in the first place. Read More...

2009 Ultra High Reliefs - Mint Sells Over 100,000 Coins
By Jaime Hernandez

Last week, sales of the 2009 Ultra High Relief coins finally reached the 100,000 threshold.

The 2009 Ultra High Reliefs were released earlier this year. Initially, the Mint had a restriction of one coin per household. Many collectors and dealers did not anticipate that sales would reach 100,000 coins, but we have to give a lot of credit to the Mint as they did a fantastic job in marketing this coin unlike any of their other products. Read More...

Lincoln Chronicles Set - Sold Out
By Jaime Hernandez

In the previous issue of the eCollector we informed you of the Lincoln Chronicles sets which had a production limit of 50,000 sets. We also mentioned that the sets were expected to sell out really quickly, and in fact they did.

The sets initially went on sale on October 15, 2009 for $54.95 each plus $4.95 for shipping and handling. On that same day, individuals with confirmed orders who wished to sell their sets for a profit managed to sell their sets for about $150 and even up to $300 on eBay. Read More...
In the case of Julius Popper, fact is
stranger than fiction.
Watch video!
The 1955 Doubled Die Lincoln Cent - and its Price Performance since 1970
By Jaime Hernandez

Introduction

The 1955 Doubled Die Lincoln cent is unquestionably the most famous doubled die coin in the entire Lincoln cent series and possibly the most famous doubled die coin in numismatics.

The doubling on the 1955 Doubled Die cent is very dramatic and can easily seen with the naked eye. The doubling is most prominent on the date, the word "LIBERTY" and in the motto "IN GOD WE TRUST." Read More...

1906-S Liberty Head PCGS MS68 - on PCGS CoinFacts.com
By Gordon Wrubel

The incredible MS68 1906-S $5 Liberty, pictured above, is the finest recorded example. Unlike many other examples seen, it is fully struck, including all the obverse stars. Its pristine surfaces display full blazing mint luster of orange-yellow-gold.

What separates this coin from perfection, and identifies it for posterity, are some small flan flaws between stars 10 and 11. I suspect a coin this choice may have been purchased directly from the San Francisco Mint in the year of issue, like the John Clapp-Eliasberg gold. Read More...
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