Market Report

The Two-Week ANA Spectacular Begins as Dealers and Collectors Converge on Atlanta
The pre-ANA convention is the first of three major shows on the docket. The summer of 2001 is considered the best in at least five years as market continues to show strength. Bowers & Merena "Rarities Sale" features not one, but two, sensational 1807 half dollars. Kingswood "Enfield" sale goes online with large offering of high quality collector coins.
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Set Registry Spotlight

Honeycutt - MS Franklin Set - The Number One Finest Set of All Time
Only a few tenths of a point below the very finest possible, this amazing set of Full Bell Lined Franklin Half Dollars grades 66.00! 21 of the 35 dates grade MS66 FBL and 7 dates grade MS67 FBL. Every coin in this set is extremely attractive, displaying either brilliant, untoned surfaces, or very attractive mint-set color toning. This is a set that is truly superior from both a technical and artistic perspective, and will always rank among the finest ever assembled. To view this set, click here.

How does your set stack up? The Set Registry has hundreds of sets registered with new sets being added every day. Click here to visit the Set Registry.

The PCGS Set RegistryTM is a work in progress with new sets continually being added. If you'd like to see a set added, please send your suggestion to [email protected].

What is does Full Bell Lines mean? Find out in Lingo, the PCGS dictionary of numismatic definitions. Click here for Lingo.

Subscribe to the online PCGS Population Report for as little as $4.95 a month! Updated weekly, get the latest census data on all coins graded by PCGS. Click here to get a free preview of Franklin Half Dollar statistics.

The Expert's Corner

Thoughts on Proof 1804 Original and Restrike Silver Dollars (and Their Cousins, the Proofs of 1801-1803)
When were the original and restrike proof 1804 dollars really struck? What are the popular theories surrounding the minting of "King of American coins?" Numismatist John Dannreuther gives us his point of view.
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Collector's Survey

There's gold in "them thar hills" and price is no object for you. You love rare coins and you love a challenge. Which one of these gold sets would you assemble?

1. A complete set of $20 Liberty gold pieces, including the "Proof-only" issues.
2. A complete set of $10 Indians in the finest condition imaginable (beautiful!).
3. All of the early issues from 1795 through 1834 (pre-Classic head) including the rare varieties ($2 1/2, $5, $10).
4. A complete set of Charlotte and Dahlonega gold.
5. The ultimate gold type set from 1795 through 1933 with everything in the finest condition.

Click here to answer. Results will be posted in the next eCollector.

Results from last survey: 34% answered 1907 Ultra-High Relief $20 PCGS PR68 as their "dream coin" with the 1794 dollar coming in second. Click here for a complete breakdown.

Search for your favorite PCGS Authorized Dealer by specialty. Building a Frankin Half Dollar set? Go to the Authorized Dealer link on PCGS and click on 20th Century Coins in specialties. Looking for dealers with internet sites? Click on the Internet sites link in services. Search for more than a 1,000 dealers in the PCGS Authorized Dealer listings.

This week's Featured Dealer is Larry Whitlow, Ltd., one of the nation's premier full-service rare coin dealers and numismatists. This well-respected company is a major market maker in Gem quality rare United States Mint State and Proof Type as well as all rare dates of 19th and 20th Century. Larry Whitlow, Ltd. has been a full-time dealer in high quality rare U.S. coins since 1959.

Our Readers Ask

Question: DMPL Morgans are fairly common, but I don't recall ever seeing one in the Peace design. I was curious as to the reason for the phenomenon. Did the mint use different presses, tonnage or maybe change the way they process dollar stock? In other words, what changed in the minting process to produce the new finish - I don't suppose it had anything inherently to do with a new design - that prevented Peace DMPL's from occurring?

Answer: The dies used were indeed created with a different finish upon the field surfaces, thus promoting the more granular and satin finishes that are so prevelant on Peace Dollars. The dies were not "smoothed" and polished in the same way as the Morgan counterpart, which is what accounts for the PL and DMPL finishes.
--Rick Montgomery, PCGS

Do you have a question you would like to ask our experts? Click here. Or, visit the PCGS messageboards, the most active coin forums online.



The 1804 Silver Dollar, aptly called "The King of American Coins," will cross the auction block this fall. The dollar, part of the Phillip Flannagan 1794-1804 Flowing Hair and Draped Bust collection, will highlight the auction presented by Bowers and Merena at the Suburban Washington Coin Convention, in November 2001. Click here to read more.


This sale features items from the Sam Feldman Collection including Fractional Currency, Colonial and Continental Currency, and a large selection of Texas National Bank Notes. Also featured is an extensive collection of more than 1,700 Confederate Notes. Place your bids online at Internet bidding ends August 16, 2001 at 7pm PST. Bids placed on the Internet constitute presale bidding only. All lots will be sold in the live auction sessions on August 17-18th, 2001 at Fourth National Paper Money & Historical Artifacts Show in Irving, Texas. For more information, or to order a catalog, please call 1-877-472-7489.


This is the latest in Bowers and Merena's series of Kingswood Internet/telephone auctions and is one of the most comprehensive and exhilarating sales ever. Offered within the sale is a vast array of U.S. coins, an impressive selection of rare U.S. gold and many other great rarities to challenge your bidding prowess, all certified by PCGS. Bidding is easy via phone, fax, mail, email, or online. For more information, call 1-888-540-2646. Catalogues are available by calling the Bowers and Merena publications department at 1-800-458-4646. Click here to bid now!


There are only days remaining in Bowers and Merena Rarities Sale which includes selections from the Dr. Robert I. Hinkley and Douglas L. Noblet Collections. Please note: bids placed online will constitute presale bidding only. All lots will be sold in the live auction floor sale which will be held August 6th at the Hyatt Regency Suites Perimeter Northwest Atlanta, 2999 Windy Hill Road, Marietta GA, 770-956-1234, starting at 6 pm sharp. For more information, call 1-800-458-4646. Click here to browse the auction and bid online.


PCGS will be at the Atlanta "Pre" Coin Show, the PNG Show and the ANA World's Fair of Money!

PCGS will be accepting submissions and offering on-site grading service at the following shows:

Atlanta "Pre" Coin Show
Gwinnett Civic Center
Duluth, GA
August 2 - 5, 2001

PNG Show
Cobb Galleria Center
Atlanta, GA
August 6 - 7, 2001

ANA World's Fair of Money
Cobb Galleria Center
Atlanta, GA
August 7 - 12, 2001

Take advantage of PCGS' Show Service!

  • Special Show Service -- $60 per coin valued at $1,500 or less
  • Standard Show Service -- $100 per coin
    Coins may be submitted to all other PCGS grading levels at the show.

    Have your coins graded by PCGS and save on one-way postage! You may submit your coins at the show to all PCGS grading service levels. Submissions will be accepted from Thursday, August 2*, through Sunday, August 12. Your PCGS-graded coins will be mailed to you following the show.

    *Thursday, August 2 and Monday and Tuesday, August 6 & 7 are Dealer Set Up Days. Check with the show promoter for access to the facility.

    Atlanta "Pre" Coin Show and ANA World's Fair of Money Show Hours are as follows:

    Date Dealer schedule Public schedule
    Thursday 8/2 Pre Show 3pm - 8pm *Set-up Day
    Friday 8/3 9am - 6pm 10am - 6pm
    Saturday 8/4 9am - 6pm 10am - 6pm
    Sunday 8/5 9am - 2pm 10am - 2pm
    Monday 8/6 PNG 5pm - 8pm *Set-up Day
    Tuesday 8/7 PNG/ANA 8am - 7pm *Set-up Day
    Wednesday 8/8 ANA 8am - 7pm 10am - 6pm
    Thursday 8/9 9am - 7pm 10am - 6pm
    Friday 8/10 9am - 7pm 10am - 6pm
    Saturday 8/11 9am - 7pm 10am - 6pm
    Sunday 8/12 9am - 2pm 10am - 2pm

    For more information about PCGS grading at the show, call

    For more information about the Atlanta "Pre" Coin Show call
    253-565-6565 or the ANA World's Fair of Money show, call

    Note: Show schedule subject to change.

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