July 3, 2012 | Vol. 12 Number 14
PCGS
Collectors Club Price Guide PCGS CoinFacts Services Set RegistrySM
1907 U.H.R. Sells for $2,760,000.
By Jaime Hernandez

Last week the 1907 Ultra High Relief Saint Gaudens Double Eagle graded PCGS PR69 went up for auction at a Stacks Bowers auction. The coin was expected to bring in several million dollars, and at PCGS, we had a Guess the Price contest for the final sale price of the coin.

The person who guessed the correct price or was closest to the final selling price of the 1907 Ultra High Relief won a PCGS MS65 Saint Gaudens. This was a very fun contest that brought in a lot of responses as we had well over 900 participants.

In the end the 1907 Ultra High Relief coin sold for $2,760,000. including the buyer's premium. The PCGS message board member who made the exact guess was AM 909. So congratulations on winning a PCGS MS65 Saint Gaudens!

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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 Walking Liberty Half Dollar in a special PCGS holder indicating eCollector issue #96. Check the next issue to see if you won. Good luck!

Last week's winner was Lee Rex. Congratulations Lee! Please send an email to [email protected] to claim your prize.

View list of all past winners.

Offer good while supplies last, and may be altered or cancelled by PCGS at any time.
The Current Gold and Silver Market
By Jaime Hernandez

On September 2011 gold hit a record price of over $1,900 an ounce. This year, gold has hit as low as $1,527. an ounce. Gold was definitely at an 11 year bull run until recently when it fell to its largest quarterly fall in eight years.

Many bullion experts believe the decline in metal prices compared to last year, is due to several major factors such as the European Debt crisis. Large consumers and investors are keeping a close eye to see what will be the outcome of the crisis. In return, demand for precious metals is currently stalled in comparison to previous years. Read More...

PCGS Hosts 'Walker Showdown' at 2012 ANA World's Fair of Money
By Jaime Hernandez

(Santa Ana, California) - The two finest collections of circulation strike Walking Liberty half dollars in the PCGS Set RegistrySM will be displayed in a "Walker Showdown" hosted by Professional Coin Grading Service. The unparalleled display will be presented at the PCGS booth (#1605) during the American Numismatic Association World's Fair of Money in Philadelphia, Pennsylvania, August 7 - 12, 2012.

"This will be the first time either of these top-of-the-line sets has been publicly shown anywhere," said BJ Searls, Collectors Universe Set Registry Manager. Read More...

The 1999-W Unfinished Proof Die Gold Eagles

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

In 1999, the U.S. Mint made a drastic mistake by producing the first Mint State $5 and $10 Gold Eagles bearing a "W" mint mark. In 1999, only Proof Gold Eagles were intended to bear the "W" mint mark. This mistake has left us with a lot of puzzling unanswered questions about the production and existence of the 1999-W $5 and $10 Mint State coins. The year 1999 turned out to be a very busy year for the U.S. Mint. It received a tremendous and unexpected demand for American Gold Eagles. Many believe the Mint was in such a rush to produce 1999 Gold Eagles that in an attempt to meet the public's demand, it inadvertently mixed a proof die into service. Read More...

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David Halls Coin Market Report
Watch video!
Morgan Dollars...Back in the Day
By David Hall

A few of you have asked me to write about the old days of dollars, dollars everywhere...and tell some roll and bag stories...so here goes.

About 1966 or so, I was hanging coins on the local coin shop bid boards. I'd buy Morgans by the roll and pick out the cherries for the bid boards. I had to pay $28 a roll ($1.40 a coin) for the P and O Mints, but the S Mints cost $30 ($1.50 a coin) because they came with a lot more Gemmy coins. Read More...

Visit PCGS at the Upcoming
Members Only Shows

By Trista King

Each year, PCGS hosts five Members Only shows in Las Vegas, Nevada. These shows offer an opportunity for Dealers and Collectors Club members to conduct business with one another in a small, personalized setting while also submitting coins for grading and authentication.

The remaining 2012 Members Only shows will alternate between two locations:
July 18-21 The Cosmopolitan of Las Vegas
September 26-29 The Venetian | The Palazzo
December 12-15 The Cosmopolitan of Las Vegas
Read More...
Survey Question

Gold is currently at about $1,600 an ounce. Do you think it will reach $2,000 this year?
A.Yes B.No

Click here to answer.
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