November 22, 2010 | Vol. 10 Number 23
PCGS
Collectors Club Price Guide PCGS CoinFacts Services Set RegistrySM
Reflecting on the 2010 Calendar Year
By Jaime Hernandez

As we approach the end of the year, it's a good time to reflect on the year 2010. 2010 has definitely been a great year in numismatics. Several significant coins sold for record prices, and silver, gold and platinum were huge winners. The U.S. Mint introduced several new coins, and the upcoming 2010 5-Ounce Silver America the Beautiful Quarter should be issued in the next several weeks.

In 2010, many new developments also took place at PCGS. We have many new programs in place and new initiatives we are working on to make coin collecting more exciting for collectors and dealers. We are very fortunate to be involved in a great market. We strongly believe that there are still bigger and better things ahead of us in the coin market in 2011. In the meantime, we hope 2010 has been a great year for you so far, both in life and with your coins.

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 Kennedy Half Dollar in a special PCGS holder indicating eCollector issue #55. Check the next issue to see if you won. Good luck!

Last week's winner of the Mint State Kennedy Half Dollar was Russel Anderson from South Bridge, Massachusetts. Congratulations Russel!

View list of all past winners.

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

Part Two - Standardization Begins 1935-1948
By Mike Sherman

As the Depression eased in 1934, both coin and stamp collecting entered their first "boom" period. Stamps grew due to President Roosevelt's interest in the hobby, and the coin hobby was largely fueled by the issuance of numerous commemorative half dollars and the withdrawal of gold coins from general circulation.

During the late 1930s and 1940s, New York dealer Wayte Raymond's Standard Catalog of U.S. Coins and Tokens served as the "bible" of the hobby. In it, he augmented Mehl's list of grades with the addition of Very Good, Very Fine and Extremely Fine, and established the basic hierarchy of grades in use during the middle part of the century. Extremely Fine was described as "a new coin displaying only the lightest rubbing or friction on the highest parts." Read More...

PCGS Coinfacts 1923-S $1

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

Ron Guth: The typical 1923-S Peace Dollar is characterized by a poor strike, lackluster appearance, and excessive bagmarks. This is pretty typical of any S-Mint Peace Dollar, but especially so on the 1923-S. The PCGS Population Report reflects the poor quality of the 1923-S Peace Dollar, with the majority of those certified falling into the MS-63 grade level.
Read More...

The Importance of Key-Date Coins
By Mike Shickler

The first coin I ever made payments on was a 1937-D 3-Leg Buffalo nickel. The coin was raw but I trusted the dealer implicitly. It was a nice VF specimen for the circulated full-horn set I was assembling at the time. Around 1995, while attending the Long Beach Coin Show in Southern California, I saw an interesting series of events unfold on the show floor.

A small crowd had gathered around a dealer's table, and I noticed people gesturing to each other excitedly, and some were trying to get a closer look at the item of interest. I decided to see for myself and there it was... the dealer had a beautiful 1937-D 3-Leg Buffalo nickel, freshly graded MS65 by PCGS, that was being offered at $12,500.00, Read More...
Dale Friend provides advice and stories on acquiring Bust Half Dollars.
Watch video!
How I Got Started in Coin Collecting - Readers Responses

We previously posted a story by PCGS Founder David Hall describing how his numismatic ventures began. In this issue, we have another story from a reader describing how he got started in the numismatic hobby.

"When I was a young collector, virtually everything was still possible. Coins that young collectors of today have little or no chance of ever owning were still within reach. When I was a youngster, it was a time when you could still buy a new Chevy for about the same price as you could find a nice gold Stella. Proof gold was easy to find and not even really popular.

If you collected proof sets, you were a little upset because the Mint had raised their price to $2.10. I could have had a 1936 Proof Set for between $150 and $200. Read More...

The 1968-S "No S" Proof Dime
By Jaime Hernandez

When contemplating some of the most intriguing Modern U.S. coins, several of the No-S Proof coins come in mind. In particular, the 1968-S Proof Dime - the first date for the Roosevelt Dime Proofs without the "S" mint mark. After thorough research, experts concluded that the "S" mint mark was not punched into the die, creating this new variety. The mistake must have been caught by Mint employees early in the process as only a few examples managed to escape. This was also the first date for any series of U.S. coins where the "S" mint mark was omitted. Read More...
Survey Question

Are you giving any numismatic items as presents this year?
Click here to answer.
© 2010 PCGS, Inc. A Division of Collectors Universe. All Rights Reserved.