June 9, 2010 | Vol. 10 Number 12
PCGS
Collectors Club Price Guide NEW PCGS CoinFacts Services Set RegistrySM
Record Prices for Coins and Collectibles
By Jaime Hernandez, eCollector Editor

For several months we have reported record-breaking prices for several collectibles beside coins. These include diamonds, paintings, comic books and many others. In the coin market, several coins also broke records, including coins which joined the Million Dollar Coin Club for the first time ever. However, in the minds of many individuals involved in the coin market, it was just a matter of time before the record for the highest price ever paid for a coin was also broken.

The last time a record price was set for a coin was in 2002, when a 1933 Saint Gaudens Double Eagle gold coin sold for $7.59 million. Approximately 10 years later, a different coin has now set the world record - the 1794 Silver Dollar graded PCGS SP66 that just sold for $7,850,000. For more on this story, be sure to read our feature article about the 1794 Dollar.

The Long Beach Coin Show has just concluded, so make sure you read our next issue for comments about the show and the coin market.

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 1998-S Proof Kennedy Half Dollar in a special PCGS holder indicating eCollector issue #43. Check the next issue to see if you won. Good luck!

Last week's winner of the 1994-W Uncirculated Women in Military Dollar was Ryan Thurman from Rancho Cordova, California. Congratulations Ryan!

View list of all past winners.

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

PCGS-Certified 1794 Dollar Sets World Record
By Donn Pearlman

The Neil/Carter/Contursi specimen 1794 Flowing Hair silver dollar, graded PCGS SP66, has set a new world record for the highest sales price ever paid for an individual rare coin at $7,850,000. It is the finest-known 1794 dollar, and believed by several prominent experts to be the first silver dollar ever struck by the United States Mint.

It was sold by Steven L. Contursi, President of Rare Coin Wholesalers of Irvine, California, to the nonprofit Cardinal Collection Educational Foundation (CCEF) in Sunnyvale, California. Collector and numismatic researcher Martin Logies represented the foundation of which he is a director and its numismatic curator. The private sale was brokered by Greg Roberts, President and Chief Executive Officer of Spectrum Group International of Irvine, California.

The coin was formally authenticated in 2003 by Professional Coin Grading Service. Read More...

PCGS CoinFacts™ 1932-D Washington Quarter

Since the launch of PCGS CoinFacts, we have been hard at work updating and expanding the site's information. Here's another recent example:

David Hall: The 1932-D is by far the rarest of the Washington quarters. There are only two Washington quarters with mintages under one million coins. The 1932-D has an original mintage of 436,800 coins and the 1932-S has a mintage of 408,000 coins. Both coins have been highly sought after in all grades for the past 60 years. They are the key dates of the Washington quarter series and actually are two of the better-known rare coins of the 20th century.

The post-World War II coin boom (starting in the 1950s) saw a lot of collectors looking for coins in circulation that they needed for their various sets. Read More...

PCGS Show Schedule

Submit your coins directly to PCGS at the following upcoming shows:
Baltimore Expo June 17-20, 2010 Baltimore Contention Center; Baltimore, MD
Summer F.U.N. July 8-10, 2010 Orange County Convention Center; Orlando, FL
PCGS Members Only July 22-24, 2010 The Venetian Hotel & Casino, Las Vegas, NV

For a complete listing of upcoming shows, click here.
Get the inside story on the record-breaking 1794 Dollar.
Watch video!
Same Date - Different Type Part VI
By Mike Sherman

In this installment, we'll take a look at several mid-year changeovers in the U.S. gold series that took place during the mid-19th century.

The One Dollar Gold piece, first minted in 1849, went through a rather rapid succession of modifications during its first seven years of issue. The original design proved a bit too small and thick for convenient handling, and after only five years, was modified for a thinner, larger planchet. The so-called Type 2 One Dollar Gold piece entered circulation midway through 1854. Read More...

Yellowstone National Park Quarters Released
By Jaime Hernandez

The Yellowstone National Park Quarters were introduced last week on June 1. This is the second quarter released from the "America the Beautiful" Quarters Program.

The Mint initially offered the Yellowstone National Park Quarters in rolls and bags. The rolls were sold as a two-piece set which consisted of 40 coins in each roll. Each set has a roll from the Philadelphia and Denver Mint. The price for the two-piece roll set was $32.95 for each set. Each bag sold by the U.S. Mint contained $25 worth of Yellowstone Park Quarters or 100 coins in each bag. The price of each 100-coin bag was set at $35.95 each. The same day, coins were also being distributed to the Federal Reserve so the coins can be released into our monetary system. Read More...
Survey Question

Will you be collecting the National Park Quarters?
Click here to answer.
© 2010 PCGS, Inc. A Division of Collectors Universe. All Rights Reserved.