February 16, 2010 | Vol. 10 Number 4
Collectors Club Price Guide NEW PCGS CoinFacts Services Set RegistrySM
Fun and Active Long Beach Coin Show
By Jaime Hernandez, eCollector Editor

We just got back from the Long Beach Coin Show. Despite the rainy weather the show had significant traffic and there was a decent amount of activity. It was also a very fun show with numerous activities including the Ship of Gold exhibit and several coin-related seminars. In the end, coins were selling well and most of the collectors and dealers we spoke to said the show was excellent and they had a lot of fun.

In other news at PCGS we have been extremely busy, especially since we started receiving 2010 Uncirculated Eagles. Since the coins began shipping in late December, we have been grading them in huge quantities. This underscores the fact that there is still a huge demand for bullion-related coins. In February, many other newly issued 2010 coins are also coming including 2010 Shield Lincoln cents, many of which managed to arrive at our building before the scheduled launch date.

As always, please let us know how you are enjoying the PCGS eCollector.
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 1921-D Morgan Dollar in a special PCGS holder indicating eCollector issue #35. Check the next issue to see if you won. Good luck!

Last week's winner of the 1930 Standing Liberty Quarter was Tim Chee from San Francisco, California. Congratulations Tim!

View list of all past winners.

Offer good while supplies last, and may be altered or cancelled by PCGS at any time.
Gold...Real Money
By David Hall

Investor/hedge fund manager extraordinaire George Soros recently called gold an "asset bubble." While I certainly feel Soros is a very smart guy, I'm really certain he got this one wrong. I think he's implying that gold is overpriced, but in my opinion he's making the same mistake everyone makes when talking about gold. He's measuring gold in terms of the value of gold in U.S. dollars as if the U.S. dollar was - what an appropriate term - the "gold standard" of value. To me this is backward thinking. The issue for me isn't the price of gold in U.S. dollars, but the value of the U.S. dollar in terms of gold.

Let's look at the long-term facts. And the stone-cold hard fact is that in the long term the U.S. dollar has consistently and significantly deteriorated in value. What's the cheapest price you remember for a gallon of gas? I remember in the early 1960s when gas was 29 cents a gallon and would go down a little lower during "gas wars." Read More...

PCGS Photograde Expands with Version 1.1
By Mike Sherman

PCGS Photograde™ was recently revised and updated on both the PCGS web site and on Apple's App Store, accessible through the iTunes application. The number of coin series covered has expanded from 25 to 60, with the addition of most 19th century coinage. Read More...

PCGS CoinFacts Introductory 20% Discount Expires March 1

Effective March 1, 2010 the introductory 20% discount on annual subscriptions to PCGS CoinFacts will expire. Read More...

The 1853 Quarter with Arrows and Rays

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

Ron Guth: Why were arrowheads and rays added to the 1853 Quarter Dollar? To signify a reduction in the weight of the coin. This was at a time when silver coins were required to contain their full value in metal. Also, this was the first time that the silver content of the Quarter Dollar had been reduced since its inception in 1796! Read More...

Hear Jeff Oxman talk VAMs at the
PCGS Members Only Show 2/18.
Watch video!
Why Franklin Half Dollars of The Same Date and Grade are Often Valued Very Differently
By Rick Tomaska

The Internet is a great tool for the new collector. It is a tool that was not available a generation ago, and its easy access has helped stimulate the growth of numismatics and accelerated the learning curve for today's collector as never before.

For those who have read my ads or newsletters, you know how much importance I place on eye appeal. Read More...

2010 Shield Reverse Lincoln Cents -
In Circulation

By Jaime Hernandez

Despite the fact that the 2010 Shield Lincoln cents were scheduled to be released on February 11, 2010, many of the coins managed to escape the U.S. Mint much earlier. At PCGS, we received several coins before the scheduled release date of the 2010 Shield Cents, and we actually received them as early as late December 2009.

The 2010 Shield Cent design was first unveiled to the public on November 12, 2009. Read More...

1995-W Silver Eagle

In 1995, the United States Mint celebrated the Silver Eagle program by introducing a special five-piece 10th Anniversary Eagle proof set. The 10th Anniversary set was comprised of four Gold Eagles and a special one-ounce proof Silver Eagle bearing the "W" mint mark. The 1995-W would be the first Silver Eagle to bear the W mint mark and would have the lowest mintage for any Silver Eagle ever produced by the U.S. Mint. Read More...
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