September 29, 2009 | Vol. 9 Number 25
PCGS
Collectors Club Price Guide NEW PCGS CoinFacts Services Set RegistrySM
The Hidden Value in Pocket Change
By Jaime Hernandez, eCollector Editor

In this week's eCollector, we share the story of a collector who found a coin worth $5,000 to $10,000 from change. This is just one story from one collector but there are many more who have found very valuable coins in change.

I personally have never found anything worth more than face value in change, even though I have probably searched more than 50,000 coins over the years. However, last year I did purchase an 1880 Morgan Dollar just because of the coin's eye appeal. A couple of days later, I checked to see if any of the coins I purchased had any varieties and sure enough, my 1880 did have a VAM variety which made the coin worth about $200 to $300 more.

The world of coin varieties has unquestionably been very popular for decades but recently it seems to have taken a huge jump like never before. Coins with certain varieties are bringing tens of thousands of dollars more than their regular counterparts and sometimes much more. Varieties are definitely out there; you just have to know what to look for. Also, there is the confusion of what is a major variety, a minor variety or an extremely minor variety. In one of this week's articles we discuss this subject further, so read on.

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 1893 Columbian Half Dollar in a special PCGS holder indicating eCollector issue #25. Check the next issue to see if you won. Good luck!

Last week's winner of the BU 1938-D Buffalo Nickel was Andre Muntianov from Stroudsburg, Pennsylvania. Congratulations Andre!

View list of all past winners.

Offer good while supplies last, and may be altered or cancelled by PCGS at any time.
October Crossover Special: Submit Four, Get One Free
By Jon Garner

During the entire month of October, for every four coins you submit to PCGS for Crossover grading, you'll receive the fifth one FREE! And because you've chosen PCGS, you'll receive even greater benefit downstream. The PCGS brand helps maximize the value of your prized coins, and gives both buyers and sellers peace of mind.

When it comes to properly showcasing your coins, no other holder can match PCGS's. Read More...

Coin Varieties - Major, Minor or Extremely Minor
By Jaime Hernandez

We have all looked at clouds and tried to make imaginary shapes out of them at one time or another. Well, the fact is, this happens in the coin industry too.

We hear this way too often, "my variety is very rare or a new discovery, so it should be worth tens of thousands of dollars." So, we say "OK, let's see it." We then pull out our five-power glass to try to examine it and the collector stops us and says "No, No, No! You can't see it with that; you need a 30-power microscope to see it."

As one of the PCGS Price Guide editors, I hear this often, especially since varieties have become extremely successful in the past couple of years. Some varieties are so minor, that you have to use your imagination to even try to see them. Read More...

CoinFacts Descriptions From a Dozen PCGS Experts
By Jaime Hernandez

Even though it already has more information about U.S. coins than can be found on any single site, we're adding more information to PCGS CoinFacts every day. Here are examples of the many recent contributions by our experts:

David Akers (1975/82): Scarce in all grades and extremely rare better than EF. Usually softly struck, particularly on the hair curls around Liberty's face and on the eagle's right leg. The O mintmark is very small, as it is on the 1840-O. This scarce date has the ninth-lowest average grade of any quarter eagle. I have not seen either of the Bell coins and do not have firsthand knowledge of any strictly uncirculated 1842-O quarter eagle. The best I have seen is a softly struck AU50, although I have seen a modest number of EFs.

David Hall: The 1917-S on Reverse Walking Liberty half dollar is the highest mintage of the four Denver and San Francisco Mint Walkers of 1917 and it's the easiest to find in GD and VG condition. But like all early Walkers, this date is scarce in grades Fine and above. Read More...
Jaime Hernandez with Bowers, Sundman and Goldman at Summer ANA Roundtable Part II. Watch video!
PCGS Set Registry Launches "Everyman" Collections Category
By Donn Pearlman

Professional Coin Grading Service has established a new category in its popular PCGS Set RegistrySM program, the "Everyman" Collections. No coins graded higher than AU58 can be registered in this category.

"The PCGS Set Registry is home to many of the finest collections ever assembled, but some collectors have stayed away from ‘the classics' because the costs to acquire Mint State or Proof specimens are prohibitive. So, we've created a way for all levels of collectors, entry-level through experienced, to enjoy the fun and competitive nature of the Registry without spending a fortune on Gem Mint State coins," said BJ Searls, Set Registry Manager. Read More...

PCGS Grades "1992 Cent with Reverse of 1993"
By Jaime Hernandez

On July 24, 2009 Kie Brown from Gales Ferry, Connecticut found a very scare 1992 Lincoln cent displaying a reverse of 1993. The coin is currently estimated to be worth $5,000 to $10,000.

Kie Brown initially sent the coin to variety expert and numismatic columnist Ken Potter for evaluation. Ken was very instrumental in providing us information for this coin. To date, this is the only example certified by PCGS and it is only the second reported for this variety. The coin was graded MS62 Red by PCGS.

In 1992, the U.S. Mint struck Lincoln cents with the letters "AM" of the word AMERICA spaced apart. This is the norm for all 1992 cents. The following year (1993), the Mint changed the reverse design so the letters "AM" of AMERICA were separated further apart from one another.

Well, in March of 2005, Parker Ogilvie of Michigan discovered a 1992 Lincoln cent that was struck with a design from the following year. Read More...
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