eCollector - Dec. 31, 2002 | Vol. 3 Number 27 


Market Report

Up, Up and Away! Coins End 2002 on an Extremely Strong Note; Interest in Gold Soars
Gold gives its best one-year performance since 1979! Certified gold coins sizzling in MS63 and better. 20th century coins and PCGS Set Registry items are among the market leaders -- again. Belzberg collection features ultra-rare 1911 Canadian dollar. Bowers & Merena "Rarities Sale" offers terrific selection. Click here to read more.

Set Registry Spotlight

Daniel D. Biddle #1 - The Number One Finest Roosevelt Dime Set, Circulation Strikes (1946-1964)
Daniel not only has the top Roosevelt set and was a 2002 Set Registry awards winner, but he's also tied with three others for the number two spot! You might say this collector has a love of Roosevelt dimes. His number one set boasts a set rating of 67.04. Amazing as it may seem, 31 coins in this 48-coin set are tied for the highest graded. Click here to view this wonderful set of Roosevelt dimes.

PCGS SET REGISTRY RECEPTION. If you are planning to attend the Florida United Numismatists Show next month, don't forget to RSVP by January 3rd your plans to attend the Set Registry Reception being held Friday, January 10th from 7 p.m. to 9 p.m. at the Rosen Plaza Hotel. David Hall, Collectors Universe President and one of the founders of the Professional Coin Grading Service, will give a discussion on how the Set Registry concept came about. Also, meet other set registrants and members of the PCGS staff. We look forward to the opportunity to thank you for your participation in the Set Registry program. To RSVP or if you have questions, please e-mail BJ Searls.

The following sets have recently been weighted: Two Cents Basic and with Varieties Circulation Strikes and Proofs, Three Cent Silvers Circulation Strikes and Proofs, Shield Nickels Basic and with Varieties Circulation Strikes and Proofs, and Liberty Nickels Circulation Strikes and Proofs. You'll find all this information and other updates on the Set Registry News page.

In January, PCGS will launch the new Canadian Coin Set Registry at the New York International Numismatic Convention. The first sets listed will be those of the incredible Belzberg Collection, the finest Canadian coin collection ever assembled. The Belzberg Collection goes up for sale by Heritage Numismatic Auctions on January 13th in New York City. Click here for details.

Fun, educational, and sometimes controversial, the PCGS Set Registry Messageboard remains the number one informative coin forum on the Internet. Get involved with other collectors who are currently participating in the Set Registry program or are just beginning. Click here to chat on the Set Registry Messageboard.

The PCGS Set RegistryTM is a work in progress. If you have any suggestions or comments please e-mail [email protected].

Building a Roosevelt dimes 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 1,000 dealers in the PCGS Authorized Dealer listings.

Expert's Corner

Seasonality in Coins
At the cusp of a new year, David Hall provides a quick refresher about typical activity levels in the rare coin market and how they fluctuate from month to month. Click here to read more.

Collector's Survey
If you were stuck on a desert island for one year with just one numismatic item to read, what would you want it to be?

  1. "The History of United States Coinage as Illustrated by the Garrett Collection" by Q. David Bowers.
  2. The three Eliasberg catalogues from Bowers & Merena Galleries.
  3. "Walter Breen's Encyclopedia of United States and Colonial Proof Coins."
  4. B. Max Mehl's magnificent catalogue of the Dunham Collection.
  5. A selection of 19th century catalogues from the Chapman Brothers and similar numismatic legends from days of old.

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

Results from last survey: 28% believe that MS63/64 gold coins will be the best performers in 2003. Click here for a complete breakdown.

What does "standard silver" 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 peek at the population statistics for Roosevelt dimes.

Our Readers Ask

Question: Does PCGS always use some sort of magnification when grading coins?

Answer: Depends on the coin and the grader. For example, I've always had to use a 5 power to grade 3 cent silvers... they are just way small. And full step Jeffersons... gotta put a glass on every coin. Some graders use a glass on almost every coin... some use a glass on 50% of the coins... some use a glass on 20% of the coins. It depends on what you're used to and whether you're near-sighted, far-sighted, or normal-sighted.

Here are a few interesting related thoughts.

Nearly every grader/dealer in the world uses a regular light bulb. A few use halogen lights. There are two old timers that still use Tensor lamps when they grade, PCGS founders John Dannreuther and yours truly. It's really a matter of what you're used to. I can look at a coin under a regular light bulb, but they look different. My brain has processed the look of millions of coins viewed under Tensor lamp light. I simply see "more" with a Tensor.

Many world class graders are near-sighted. Near-sighted people have significant extra magnification close up. I would love to have LASIK surgery, but I'm afraid I'd lose my coin grading "eye."

-- David Hall, Professional Coin Grading Service

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.

Join the PCGS Collectors Club ...Enjoy the Benefits!
If you love collecting coins, the PCGS Collectors Club is for you. Members enjoy direct access to all PCGS grading services, complimentary PCGS gradings and a wealth of essential information. All PCGS Collectors Club Members enjoy access to all Collectors Universe auctions, eShops and messageboards and the eZines of their choice. Joining is quick and easy. Just click here or call PCGS Customer Service at 800-447-8848. Do it today!


Online Bidding Now Underway for Auctions at Bowers and Merena Galleries and Kingswood Coin Auctions

Welcome to the latest Bowers and Merena Galleries Rarities Sale! Once again it's in January, and once again the Rarities Sale will become one of the first large numismatic auctions of the year -- paving the way for another year of important Bowers & Merena Galleries events! Presale bidding closes Sunday, January 5th at 11 p.m. Eastern Time (8 p.m. Pacific Time). All lots will be sold at public auction in Orlando, FL on Tuesday, January 7th starting at 5 p.m. Click here to browse and to bid.

The Kingswood Coin Auctions Lincoln Sale offers choice, rare, and valuable coins of the United States plus some interesting paper money all graded by PCGS, NGC and CGA. In a word, each piece is interesting. Whether you're a collecting veteran or if you've just started in the world's greatest hobby, or Kingswood welcomes you and invites you to participate. The Lincoln Sale ends Thursday, January 16, 2003, at 10 p.m. Eastern Time (7:00 p.m. Pacific Time). Click here to participate.


F.U.N. Show
Orange County Convention Center
9800 International Drive
Orlando, FL
January 8 - 12, 2003

New York International Numismatic Convention
Waldorf Astoria Hotel
301 Park Avenue
New York, NY
January 16 - 19, 2003

F.U.N. Show: PCGS will be accepting coins for on-site grading at the F.U.N. show.

Take advantage of PCGS' Show Service!
  • Special Show Service -- $65 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.

    New York Show: PCGS will be accepting coins at all grading levels at the show. Coins submitted at the show will be graded by PCGS and returned via mail.

    For more information about any of these shows, contact as below:
  • F.U.N. show: visit or call 407-321-8747.
  • New York show: call 414-421-3484.
  • For more information about PCGS grading at the shows, call 800-447-8848.
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