March 15, 2011 | Vol. 11 Number 6
PCGS
Collectors Club Price Guide PCGS CoinFacts Services Set RegistrySM
PCGS Recognizes PL and DMPL for 5-oz. Quarters and PL for 2009 Ultra-High Reliefs
By Jaime Hernandez

Last week, one of the few remaining Mint Authorized Silver Bullion Purchasers (Coins N Things) offered the 5-oz. America the Beautiful Quarters to collectors. According to many collectors, they spent a long time over the phone getting a confirmation and instructions on how to purchase the sets. The phone lines were open for only three hours. Unfortunately, many collectors were unsuccessful in getting through in that time frame.

In the meantime, we recently decided to recognize PL and DMPL on the America the Beautiful 5-oz. coins. One of the first sets to be graded PCGS MS69 DMPL sold for $10,000 (look here) and two other sets sold for over $9,000! Not a bad return for a set that originally cost under $1,000 from the Mint Authorized Purchasers.

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The winner in this issue will receive a Kennedy Half Dollar in a special PCGS holder indicating eCollector issue #63. Check the next issue to see if you won. Good luck!

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The Man Who Could Stop the Mint
By Bill Dickerson

Throughout the years, many interesting tales filled with history and romance have been linked to coins of the United States. One of the most notable is the one about Josh Tatum, who single-handedly caused the Mint to stop production of the nickel. The following story contains the facts surrounding what took place at that time.

In 1883, the Mint changed the design of the five cent piece. In doing so, it unknowingly presented a great opportunity to an "enterprising" young man by the name of Josh Tatum.

Mr. Tatum noticed that the new nickel was about the same size as the five dollar gold coin. He also realized that there was nothing on the coin to denote what the denomination was. The coin, which was originally named the Liberty nickel, would soon become known as the "V" nickel due to the fact that a large Roman numeral for "five" was stamped on the reverse of the coin. Young Tatum must have really become excited when he realized the potential our newest coin offered. He went right to work and struck up a partnership with a friend who was skilled in the art of electroplating over base metal. Read More...

PCGS CoinFacts™ - 2009 $20 Ultra High Relief Double Eagle, PL (Regular Strike)

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

SPECIAL NOTE: Prior to March 2011, PCGS designated all 2009 Ultra-High Relief Double Eagles only as "Mint State." In recognition of the special appearance of some pieces, PCGS added (in March 2011) the Prooflike (PL) designation to qualifying coins.

Ron Guth: The 2009 Ultra-High Relief was a reprise of the extremely rare, double-thick, small-diameter patterns proposed by Augustus Saint-Gaudens in 1907. Read More...

PCGS Variety Attribution for Liberty Seated Halves
By Don Willis

PCGS is now attributing Liberty Seated half dollars by their Wiley Bugert numbers. Randy Wiley and Bill Bugert's excellent study of Liberty Seated half dollars, published in 1993, identified 378 varieties of this popular series. They have since identified many additional varieties for coins from both the San Francisco and Carson City mints. At this time, PCGS will recognize all the varieties listed in their original book only. Read More...

Stack's Bowers Galleries March 2011 Baltimore Auction. Chris Napolitano previews the great coins.
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PCGS Exhibits First Complete Set of Certified Proof $3 Gold at ANA in Sacramento
By John Dannreuther

The first-ever complete set of certified Proof U.S. $3 gold coins will be publicly displayed for the first time anywhere at the PCGS booth, #1101, during the American Numismatic Association's National Money Show™ in Sacramento, California, March 17 - 19, 2011.

"This unprecedented 36-coin set was assembled over the past six years by Tom Bender. Just a few weeks ago he obtained the final coins he needed, and this will be the first time an entire set of certified Proof $3 gold has ever been publicly exhibited," said PCGS President Don Willis. Read More...

New PCGS Designations for 2009 UHR $20 and 2010 5-oz. Silver Coins
By Jaime Hernandez

Effective immediately, PCGS will recognize Prooflike (PL) designations for 2009 Ultra High Relief (UHR) $20 gold coins. Also effective immediately, PCGS will recognize Prooflike (PL) and Deep Mirror Prooflike (DMPL) designations for 2010 5-oz. America the Beautiful coins. Many of these business strike coins were minted from highly polished dies and warrant special recognition. All submissions automatically qualify for these new designations without any additional fees.
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