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The Coronet Collection: Well Worth the Wait


For the last several years I've had the privilege of working with Laura Sperber, from Legend Numismatics, Inc., who has brought to the PCGS Set Registry® some of the finest sets ever assembled, including her own phenomenal Three Cent Silver proof set. So when she told me she was going to register a Morgan dollar basic set that would top the current finest set, I had no doubt in my mind that that is exactly what she would do. Sure enough, the set, called the Coronet Collection, ranks number one with a grade point average of 66.38, topping the California 1 collection which has held the top spot since 2002 and is in the PCGS Set Registry Hall of Fame. The Coronet Collection is only a few points away from topping the Jack Lee set in the All-Time Finest category. The date set is the finest ever assembled with a GPA of 67.23. Consider that the finest set possible is 67.66; this makes the Coronet Collection date set pretty darn close to being perfect.

The owner, an east coast businessman who prefers to remain anonymous, has spent the better part of the last 50 years putting together this tremendous set. He started collecting as a young child with one goal in mind - to assemble the finest collection of Morgan Silver dollars in history. When the 1893-S dollar in MS67 was purchased, the owner knew he had achieved his goal. For a decade, Ms. Sperber has been instrumental in securing the very finest coins for the Coronet Collection. The collection contains a number of prominent pedigrees including those of Louis Eliasberg and Jack Lee. In addition, some of the coins revealed in this collection have never been seen before. The quality and beauty of this set is a testament to this collector's dedication, patience and his desire to build the finest set possible.

The following coins, as described by PCGS CoinFacts president, Ron Guth, are some of the highlights from the collection.

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1891-CC PCGS MS 68PL
From the Louis Eliasberg collection. The finest 1891-CC Silver Dollar in any designation – non-Prooflike, Prooflike, or Deep Mirror Prooflike. Previous catalogers have speculated that this coin might have been a presentation piece or struck as a Proof. Unique Top Pop 1/0.

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1892-S PCGS MS 67
From the Louis Eliasberg and Arno collections. This is another of the Coronet coins with a pedigree going all the way back to 1894, when it was selected by the consummate collector, John Clapp. This very coin holds the all-time auction price record for this date. Pop 5/0.

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1893-O PCGS MS 66PL
From the Louis Eliasberg collection. Long recognized as the finest example of this date in any designation. This coin has it all – top condition, exceptional color, and fully prooflike surfaces. Unbelievable quality and rarity. Unique Top Pop, 1/0.

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1893-S PCGS MS 67
The incomparable Cornelius Vermeule – Jack Lee specimen. Unquestionably the finest example of this revered date. Exceptional color, strike, surfaces and eye appeal. A coin for the ages. Unique Top Pop, 1/0.

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1901 PCGS MS 66
From the Jack Lee collection. One of the great condition-rarities of the Morgan Dollar series. This stunning example stands alone as the single finest 1901 Silver Dollar certified by PCGS. Unique Top Pop, 1/0.

The Coronet Collection was publicly displayed for the first time by PCGS at the September, 2013, Long Beach Expo. We are fortunate to also display the collection at the January, 2014, FUN show. If you have plans to attend the show, please stop by the PCGS booth to see the collection. I guarantee you are in for a treat!

BJ Searls is a graduate of Pepperdine University with a Master’s in Business Administration. She has been involved in numismatics since 1973 and has worked for Collectors Universe since 1997. BJ is the Set Registry and Special Projects Director for PCGS, PSA and PSA/DNA. Email: [email protected].

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