NGC Journals

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  1. When I first look at a coin, I often ask myself, "What's this coin trying to tell me about itself?" Sometimes that coin's story is in its date, mintage, mintmark, die variety, and metallic composition, to name a few. However, I almost always find my coins' design features far more interesting than its technical characteristics. If they say a picture is worth a thousand words, I want to know what my coins' allegorical images intend to communicate.

    To help me research and understand the symbolic images on my coins, I ask myself five questions. They are:

    *       I want to know "WHO" designed or commissioned my coins' minting. For instance, knowing that Augustus St. Gaudens designed the 1907 double-eagle tells me volumes about the artistic and symbolic images featured on that coin.

    *       I want to know "WHAT" my coins represent or the message they convey other than a means of exchange. As an example, the Roman goddess Libertas or Lady Liberty appears on most of our classic coins. This message expresses the importance of personal freedom and liberty to our culture and society.

    *       The "WHERE" of my research focuses on the nations and people issuing my coins. A country and its people tell me a lot about a coin's design. Conversely, a coin says a lot about the people and country circulating it.

    *       The "WHEN" is the year and historical context of my coins. Coins don't pop up randomly in history. World events, at any point in history, have an impact on coin designs. Not only did the Standing Liberty Quarter represent a renascence in coin design, but it conveyed a message to the world of the United States' standing in World War I.

    *       The "WHY" is the purpose of minting the coin. The ancient Romans used coins to disseminate propaganda. In polytheistic societies such as Ancient Rome, the Roman Emperor featured on the obverse of a coin wanted to identify himself with the reverse's deity. The effect of this was to have the people see him as a god.

    Now you don't necessarily have to answer all the W's to make an informed conclusion concerning your coin, but you need most of them. The following is a portion of an article I wrote for the PAN publication, "The Clarion." To read the rest of the story, you'll have to get a copy of the October 2020 issue. See which W's you can pick out in the clip below.

    A sentence in the Declaration of Independence reads as follows, "We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty, and the pursuit of happiness." This concept of liberty, eloquently described in the Declaration of Independence, has been at the core of who we are as Americans ever since.

    At the minting of our first coins, the architects of our constitution had to find a way to illustrate the values set forth by the Declaration of Independence onto our national coinage. For this, they chose the Roman goddess Libertas. Libertas or Lady Liberty is the Roman goddess of liberty and personal freedom.

    A liberated slave in ancient Rome received a conical cap called a pileus to symbolize their emancipation. The pileus, however, has been confused and interchanged with a Phrygian cap. The Phrygian cap became associated with a form of government during the French Revolution. We adapted the Phrygian cap to represent liberty during the Revolutionary War. Consequently, Lady Liberty often appears on our classic coinage wearing a Phrygian or Liberty cap.

    The coin I have pictured is a proof 1863 United States quarter. The central device on the reverse of this quarter is our national bird, the bald eagle. The obverse features a seated image of Libertas or Lady Liberty as she has become known.

    The obverse of this quarter employs several symbols to communicate the message of Liberty. The rock on which Lady Liberty sits could represent the country in which we live (The United States of America) and her power to bestow liberty on the inhabitants thereof.

    The imagery of a liberty cap atop a liberty pole goes back to ancient Rome. A group of senators assassinated Julius Caesar in 44 BC. After his death, the assassins marched through the streets with their weapons held high. One of them lifted a pileus surmounted on the tip of a spear to symbolize that Rome was free and no longer under the rule of Julius Caesar. Incidentally, there is an ancient Roman coin with a pileus on the reverse and a downward pointing knife on each side to commemorate this event. The obverse features conspirator Marcus Brutus. Like the raising of the pileus at Julius Caesar's demise, so is the raising of liberty caps on poles all around the colonies after the American Revolution.

    The shield held by Lady Liberty's right hand has 13 vertical bars and one horizontal bar. The vertical bars represent the 13 original states holding up one horizontal bar representing the federal government. Engraved on a scroll emblazoned across the shield are the letters LIBERTY to show Lady Liberty's willingness to defend it. Finally, by looking over her shoulder, Lady Liberty demonstrates her preparedness to meet any threats she encounters.

    Today liberty appears on our regularly circulating coins in name only. In place of a representative image, try to think of the contributions to our freedom made by presidents Lincoln, Jefferson, Roosevelt, Washington, and Kennedy whenever you pull their images out of your pocket. If you carry an Eisenhower dollar as a pocket piece, go ahead and pull that out also. Gary

    The following is a link to the Ancient Roman coin I referenced: https://upload.wikimedia.org/wikipedia/commons/7/70/Brutusides.jpg

    1863_Proof_Quarter_Dollar.jpg

  2. Yesterday was the Bday. I finally found out what Ben's present for me was and it was swords... a set of 6 foam swords. Which he has had great fun running around with and playing with, including with his mother while I'm working. lol I'm so glad that those are mine. Clearly. They don't hurt when you get hit with them though so I guess that is a form of gift. A form of one...

    My in-laws gifted me an Uncirc 2020 SAE, which is nice - after some recent discussions here though and current silver prices I'm almost afraid of what the mint charged for it. It has been a few years since I shopped these at the mint.

    I posted about what Shandy got me on the PMG side - a P-89 for my Zimbabwe set in 68 EPQ, which is going to strengthen my standing in a few categories there.

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    Leading into our trip / vacation in the hill country my in-laws gave us a couple of bags - one of old currency and one of old coins. These apparently come from when my father-in-law was traveling and he'd always try to come home with a few of the coins and notes for each of his three kids. They decided to give these to us if we wanted them. I don't know if this is more for Shandy / the boys, because they know I collect this stuff or just because they no longer wanted to keep it. But these coins and notes are very much in the same spirit as the coins that came down to me from my grandfather and the coins I brought home from Scotland in 2017. Some of this is pre-Euro obsolete European coinage. At some point, when I have the time, I'm going to probably put a bunch of these in cardboard flips and I'll hold onto them and one day they'll got to the boys. I think when it's all said and done they'll get pages and pages of old coins in flips in a binder (or 3). None of it will be valuable but hopefully they'll enjoy them.

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    My in-laws, knowing that I have old cameras (and that Ben likes to borrow them and play with them) also gave us an old Kodak Brownie and an old video camera that was bought by Shandy's grandparents around the time my father-in-law was born. It is dirty and showing its age a bit but with a little cleaning and TLC it would look quite nice I think.

    I guess I just like old things.

    Edited to add: I spent some time last night picking through the coin bag and was finding a fun mix of things including Greek coins, Italian, Spanish, Turkish, German, and some Kroner. A few British coins too. Fun stuff. I'd never seen anything from Spain, Italy Greece or Turkey.

  3. X5iVajHHuVKo8iuzarU09HvODseXmwgTdVx8XM-sqJB6Vt5FrqiJfpq9Pn_k6b1Y8ic6UYchtGAo5l7O2qkF2EH1tuClJfN627AHpiTta5x9owlGUHCzirUWzZ33OYg8BFPujkcuZjvV2RMTlrN2sg26K5ClsYlz_Qt8xEdNFbnO77NosNsQhwMc0NURmMKkHF_38LUgAafOIM3yEFNRQwc0HCvPLjedS0bXXuABkIYwPlbCwcEzHlBZWH-VjnvUvn3ujLnHAarUtSp6_jHeTnQF_daEprl1FAEEzvBfhiukRHYIbZz61qNOMXVLin4ojXVs_--5mtwX4nDEwcEWkvey9FgmyGkn1lrbdMrIHOiL_PzTGav7L4fxE3lhR9I3BfHn7wn8jOLdf9ftFZgyN2Ozzb5IA8bzUcbEtXiRNPU6Hne0j0t9bJLaAr_PZj76hmqgAhGiyxiyh9B9Gd46cA9rvZxD_7QZ1BVAdPl5YIvn0Jc_hHygDwTZhkWqEIus4cSzSCnVMzOEPX9jLNtMwAQD5sy5WXQYExFwMzi1c3gnOBoyAjj547h1GWPgUeoTOD5pcV_UJ7GUl-ttbq8TroxahEQAv280Sow-7_hiSNb5JaCH7_t1cT207Ui6HwytqATij8oq-guElxcBXAB5Azxv4U-gdEdf3PRcjHTJZMOTUzBNE-MldlcqJ8ht=w931-h937-no?authuser=0

    I would like to hear all opinions on how this could have been caused. There are no vise marks, no press marks and there are no other points from the reverse showing. I have heard all sorts of theories and would love to hear any and all.

    Thank you for helping with this request. 

  4. It is good practice that auction houses cite references for the lots they are selling however, and it may just be me, but this can sometimes make research difficult for a number of reasons.

    1) What is the actual reference? Fortunately, some, but not all, auction houses list the references used but do not always state which one the abbreviation used in the lot description corresponds to. For example, using ‘P’ and then citing several books with titles/authors/publishers that could all be the mystery ‘P’ is not very helpful, it would also be nice if everyone used the same abbreviation.rantrant

    2) Using a reference that is prohibitively expensive.

    3) Using a reference that is out-of-print that no one can get hold of!

    For most of my areas of interest Option 3 seems to be the situation that I am usually faced with and that can be very frustrating. As a result, this Journal Entry was prompted by the eventual acquisition of a copy of the two volume ‘Histoire Monetaire et Numismatique Contemporaine’ by Jean Mazard published in 1965 which corresponds to the ‘MAZ’ references sometimes seen in auction listings (or M, or Mazard, or MZ).

    Once acquired I always find it interesting to compare these older tomes to the more recent references as this not only highlights discoveries made since publication but that they often also contain more detailed and useful information – it also highlights that the citation used for some lots is wrong >:(

    It is often said to ‘buy the book before the coin’ and I totally agree where this is easy to do – Gadoury and Le Franc publish regular price guides for French coinage largely negating the need for MAZ however it is nice to now be able to add this to my collection of books. I expect many of us are searching for ‘missing’ texts for our libraries and, once found, it is just as satisfying as tracking down that elusive coin – well almost.

  5. Back on June 2nd I submitted 21 Icelandic Coin for grading that I have collected for a number of years and finally decided to have them graded and did very well with them. I also mentioned that I had around 30 more to send in as well . Its been nearly 3 months now and I sent in a total of 22 more coins.... Most of these coins are from the Republic era that span from 1946 to 1980. What I sent in was a bunch of 10 Aurar from 65 to 73  a few 1 Krona 61 70, 71, both 73's  and to my delight a newly acquired ...last week.... a beautiful Gem 1957 1 Krona  I sent one in 3 months back and it came home a MS63 which I was happy with because it had a light fingerprint ..this year and the 57 is very very hard to find in MS UNC ...But the new 57 is in incredible condition and it will not surprise me if it gets a MS66 . and the other coins I got after the last submission is a 1959 5 Aurar and again the last one only got a 63 but this one should get a least a 65  These late 50's coins are really tough to find in very nice condition....I just got lucky   The other coins are a 50 Aurar and a 66 2 Kronur normal planchet   and 5 Kronur and a few 10 and 50 Kronur coins that should all grade around the MS 64 to 66

    But The best two are the 1966 Thick Planchet 2 Kronur and the 2000 10,000 Kronur Gold Comm in ultra cameo... I had both of these coins for years but about seven years ago I sold all my Icelandic Comm's because I needed cash and the only one I didn't have was the 1961 Jon Proof ...But a friend in Iceland did come across one that he sold at auction and got over $5000 for it and if I had the money It would have been in my collection...Boyyy The up and downs of collecting ....Its madding :frustrated:

    As you can imagine it has been very costly to replace all these coins but its finished now and that makes me happy again.....:bigsmile::bigsmile::bigsmile::bigsmile::bigsmile: 

    I will post the results when I get them ...I did send in the 66 and 2000 gold in Express Tier and they got them today....This coming Friday.....:wishluck:....I hope

     

  6. A VISUAL PROOF OF EXISTING VARIETIES FOR FIVE BOLÍVARES 1926 VENEZUELAN COINS.

    Using Adobe PhotoShop (PS) we will compare 5 bolívares 1926 coins with the objective of proving the existence of several varieties not recognized by the grading companies (NGC; PCGS; ANACS; etc.)

    We will explain the method used and then will proceed with our conclusions.

    To compare coins we will first align them and then resize them. For alignment we will use the top horizontal line of the shield.

     

    image.png.942ad644471591dd9b6b22f4e2fe8c51.png

     

    After alignment we will convert all coins to the same size. I will choose 1300 x 1300 pixeles. All coins will be cropped to a square with all borders touching the coin.

     

    image.png.0754b20d5ccba97af03820b31de4fbdb.png

     

    We will next make a “mask” of the stars and date by overlaying a transparent layer to the coin photo in PS. This “mask” will be used to compare different dates. The example below was made with a 3 pixel white brush, however, for different varieties we will use different colors. We generally use a 1 pixel brush for exactness.

     

    image.png.a99073073de870ad52c27deea53cf19a.png

    image.png.caa3f99fe814c529f369ad34a6197c80.png

     

    “Masks” are quite easy to draw with a mouse using PS, however, If you have a pad and pencil it will be much easier. I use a WACOM ONE pad (about $60) and it works great.

     

    In the following images we have created masks for 5 different varieties in 5 different colors.

    1 - Orange. Corresponds to NGC 3645265-002 MS 62

    2 - Red: Corresponds to NGC 4184415-002 AU 58

    3 - Dark green: Corresponds to NGC 2847072-010 AU 55

    4 - Light green: Corresponds to NGC 3722337-004 MS 61

    5 - Light blue: Corresponds to NGC 2809065-062 AU 50

     

    image.thumb.png.2fb9a4ce6f3078421e66c891996a937c.png

     

    In the next image we will see all 5 “masks” superimposed.

    We can clearly see that the dark green “mask” is narrower than the rest. We will call this dark green “mask” the “NARROW DATE” variety.

     

    image.thumb.png.fc957f136786786c8ea5c0c5a248cfd0.png

     

    We remove the dark green “mask” and can now see that the red “mask” number “2” is higher than the rest. We will call the red “mask” a “HIGH 2” variety.

     

    image.png.3e053d0963c23f8d17ff872bd5948825.png

     

    We then remove the red “mask” from the image and observe that the light green “mask” number “19” is wider than the others. We will call the light green “mask” the “19 WIDE” variety.

     

    image.thumb.png.9e62a519a8a5bc499adcc0e0b60e046c.png

     

    We will now remove the light green “mask” and are left with two colors. The light blue “mask” number “6” is higher and we will call this the “6 High” variety. We are left with the orange “mask” which we will call “6 LOW” variety.

     

    image.thumb.png.5cadd91d6d93a2a50cffaf567cc1e517.png

     

    Even though we have provided descriptive names to these 5 varieties we believe that the correct method to identify the different varieties is using “masks” which will visually give us a more exact detail of which variety we are looking at.

     

    We have searched many 1926 5 bolívares coins but we can not guarantee that more varieties than those mentioned exist.

     

    Fernando Aguerrevere Sánchez
    F@Aguerrevere.com

  7. I recently acquired this magnificent 1910 E German Empire 1 Mark.The coin is currently in a PCGS slab but was originally graded by NGC as PR67UCAM. I have sent it back to NGC for CrossOver service and proud to say back to its originating grading service. This coin I believe to have been the NGC Price Guide Plate Coin.

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  8. What is the deal with eBay not allowing coin/bullion/paper money being bought or sold starting in 2021?  this will be  NOT permitted.  

     

    what should we do?

  9. Earlier this week I had an opportunity to pick up a number of interesting Republic of the Philippines Mint Error coins in Heritage Auctions Weekly On Line World Coin Auction.  The most interesting of the group is a 1964 5 Centavos with an Elliptical Clip Mint Error.  The Elliptical Clip gives the Planchet a distinctive "Football shape". This is the first time that I have seen this type of Mint Error in a Philippine coin. The coin is graded ANACS MS62. I will need to send it to NGC with my next batch of submissions so that I can add it to my Philippine Mint Errors Custom Registry Set. https://coins.www.collectors-society.com/WCM/CoinCustomSetView.aspx?s=27874

    696294537_EllipticalClipobv19645CANACSMS62.thumb.jpg.10fb84cbba91be7a1b1c434a17073c81.jpg494098835_EllipticalCliprev19645CANACSMS62.thumb.jpg.e9548734e488713909d3a6c4c44a236c.jpg

      

  10. Whelp. Bought another set. This time, 50 2 Bolivar notes from Venezuela..... Wait an minute. It's from turkey? Oh well.

     

    It took an month and an half to ship.

     

    Well, afterwards, I got it and- there's only 49. And there's an huge profit margin for him as well.

     

    Here's the pictures, at least.

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    IMG_20200426_152437_hdr.jpg

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  11. Yeah! The 1964-D FDI Kennedy half dollars graded by NGC has a population of 2000.

    My lonely 1964-P FDI Kennedy half dollar deserves to be graded and attributed as a FDI as I have a President Johnson letter! I purchased this gift set from the Congressman's estate. I also have a provenance letter (not shown) showing the full-chain of legal ownership (Congressman (estate) to DrDarryl). 

    1. The date on the letter is the FDI.

    2. The text of the letter states "...among the first...".

    3. Signature of LBJ

    4. The White House stationary and envelope.

    I did ask the estate why its stapled (it was to keep the coin and the letter together). I did see one other gift set, but it was gifted to a Senator (listed on WorthPoint) and the coin was not stapled to the letter.

    lbj1_set.jpg.ae6083252ec9c66db73e677b12ffc72e.jpg

    This historic numismatic specimen has a FDI cousin. A FDI Eisenhower dollar gift set from President Nixon to the same Congressman.

    To be continued...

  12. This coin is not a top pop, nor a high value or even a coin of striking beauty.  Why would I buy it?  It is an intersection between a man who was one of the most infamous collectors and a man who was the most accomplished US coin collector.

    The infamous man is King Farouk of Egypt who conspicuously collected coins en-mass.  He is responsible for the legality of the only 1933 double eagle that is legal to own.  That particular 1933 double eagle was exported by Farouk who actually applied for an export license which was mistakenly granted in 1944 (shocking that the Federal government screwed up...)  The Fed's realized their error and tried to get the coin back from Egypt but WWII intervened and efforts were paused.  Farouk was subsequently overthrown and his coins seized by the People of Egypt and auctioned in London.  The US attempted again to get the coin back but it again disappeared until it was found in the possession of British coin dealer Stephen Fenton.  After some haggling by the Fed's agreed to an auction and in a 6 minute flurry away it went from Sotheby's New York to an anonymous bidder for $6.6 million, plus the 15-percent buyer's premium, and my favorite part an additional $20 to the US Treasury to "monetize" to coin (making it the only [legal tender] , legal to own 1933 double eagle.)  The $6.6 million hammer price was split between Fenton and the US government.

    The most accomplished coin collector is of course Lewis E. Eliasberg Sr. who accomplished a task that will never be repeated.  He collected one of every US coin, by date and mint mark from 1792 to the date of completion circa 1950.  He too had a 1933 double eagle, but not the same the Farouk specimen.  When Eliasberg learned that the coins were considered contraband by the US government he turned his in to be melted at no charge to the government.  Some of his more notable coins were the 1933 double eagle, a 1913 Liberty head nickel and his last coin to complete his set a 1873-CC no-arrows Liberty seated dime.  Two caveats to the Eliasberg collection: 1) he selected the best coins he could find but did not collect proof coins as separate from circulation Philadelphia strikes and 2) he had no 1849 double eagle of which only two were minted.  One  of the 1849 double eagles resides in the Smithsonian National Coin Collection and the other was lost to history.  However, based on the fact only 2 were minted the 1849 $20 is considered a pattern rather than a circulation coin and thus not needed to complete his collection.

    This Coin: provides an interesting intersection between the two.  The obverse of this common Egyptian 20 Piastres displays King Farouk and the pedigree shows that this coin was owned by Louis Eliasberg.  An interesting side note is that the 20 Piastres was before and after 1938, a silver coin.  Only in 1938 was it made of gold in honor of the King's wedding.

    1938 Farouk Eliasberg.jpg

    John

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  13. MIKE BYRNE
    Latest Entry

    Hi everyone its been to long. For that i apoligize. I realized what happened to me, i got old. After 27 years of studying sets complaing about the mint. Studing sets and putting them together time has caught up to me. I know it was the Condor tokens that took the most out of me. Die sinkers plachants,designs detail reserch history. The Soho mint the Birgmingham mint all has caught up to me. The Coventry set did take allot i mean five years looking for P..Kempsons wonderful art on copper was amazing. The detail he and other greats used. I would look under my loop for hours counting bricks and windows. They had to be in good shape. Now mine are slabed not all. Those that grade a 63 to 66 red & brown. Those proof like are slabed and have kept there wonderful color. Cents here go brown after a year. I love the red brown 233 year old tokens. Now during this time i have put 24 tokens together im quiet anxious  to get them back. Im sending 8 at a time. While this virus its keeping me healthy. Also all of you and your familys i pray for all mankind. . I dont want medals or money for something i enjoy. I do have other coins. I just dont understand why these Brtish beautys are not in a contest. They are part of our hobby and they should be in a competition of there own. There more beautiful than some new coins and old. So why not. Its the only grading service i trust with the high end tokens.. If you win or i win i will glady take a good pair of glasses.. So as these start to return this batch was all won in different auctions. I have all my auction tickets with them. To think of it of the hundreds of tokens i bought one. Thats were the quaility is. So soon the waite will be over and i will place them in my custom sets The coventry Set my pride and joy if i get a better grade i will add it. I always look to improve.. And the rest will go with my tokens of Great Britain. I cant wait. But they are up for grading. This virus i will not comment on. But we know what we have to do to survie. Buy tokens and God Bless you all and keep you and your family safe from this devil from hell. Remember the war? Buy Bonds. This war its Pray Hard. Thanks. Mike B

     

     

     

     

     

     

     

  14.   I was teacher for 33 years so didn't have much money to spend on things. When we traveled we drove and camped. Two of my favorite "souvenirs" that were always affordable was pressed pennies or elongated pennies which cost 51 cents. Plus you got to turn the gears to squeeze the penny and imprint the option you liked best.  

    The other one  which is the subject of this entry was picking up the coasters from the many different microbreweries that we would stop at and have lunch or dinner.  Being in lock down mode for a week I started cleaning the shelves in the mancave/basement. I came across my collection of coasters and wound up taking a trip down memory lane.  I am still struggling to remember a couple of them but what fun anyway. In any case, I got to thinking that perhaps some fine folks here might also collect them and might want to swap doubles:)  I suspect that next week one day I will catalog all of them and then if there is any interest I can list them and see if we can work out a deal. I know the postage will be the most expensive thing but at least the coasters are free:)   What do you think?

  15.    I haven’t seen any information from NGC about the impact ,if any, that the Corona Virus may be having on NGC and it’s employees.I’m just wondering if any other collectors are concerned about the safety of NGC’s staff and whether or not orders will be adversely effected due to the situation our country now finds itself in.Will there be delays in completing orders or possible shutdowns due to the Virus affecting staff ? I guess time will tell and we can only pray for a fast and safe ending to this present situation.Hopefully,NGC can and will release a statement about the company’s plans and how customer’s orders may be affected.Until then may all of us stay safe and take the necessary steps to prevent the spread of this Virus.

  16. DE Ward

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    Recent Entries

    1922 High Relief Matte Proof Peace Dollars

    Known Examples (DW2020)

    1) Matte PR66, type 2, NGC, 912198-009. Heritage Numismatics private sale to the author, April 2000. Zerbe specimen, also known as the RARCOA specimen. Picture attached.

    2) Matte PR66, type 1, NGC, 1634739-001. Heritage Numismatic auction, April 2002, lot 4354, $51,750. Norweb specimen.

    3) Matte PR65, type 1, NGC, 1274863-003. Pinnacle Rarities private sale to the author, November 2000. Rhodes-Mormon-Breen specimen. Picture attached.

    4) Matte PR67, type 1, NGC, 1727946-051. Heritage Numismatics auction, January 2014, lot 5347, $329,000. Philladelphia Estate specimen.

    5) Matte PR66, type 1, NGC, 1274863-002. Heritage Numismatics auction, May 2009, lot 2658, $161,000. Lester Menkin specimen.

    6) Matte PR65, type 1, NGC, 1716846-003. Goldberg auction, January 2004, lot 2841, $86,250. Wayte Raymond specimen.

    7) Matte, grade unknown, type 1, Impaired. Florida United Numismatists auction, January 1973, lot 789, $9000. Todd Impaired specimen.

    8) Matte PR64, type 1, PCGS, 83411977. Heritage Numismatics auction, April 2017, lot 4193, $158,625. Lindsmith Specimen.

    9) Matte PR25, type unknown, circulated, PCGS, 02423037. Heritage Numismatics auction, April 2002, lot 6536, $10,638. Houston specimen.

    10) Matte PR67, type 1, PCGS, 29547405. Goldberg Coins auction, June 2014, lot 1344, $458,250. Raymond T. Baker Specimen. 

    11) Matte PR61, type 1, NGC, 2049291-001, Impaired. Heritage Numismatics auction, January 2014, lot 4211, $99,875. Unknown history. Pawn Stars Impaired specimen.

    12) Matte PR66, type 1, PCGS, 25229755. The Rarities Auction, Stacks & Bowers, May 2015, lot 48, unsold. Unknown History Specimen.

    Auction History by Specimen (DW2020)

    1. Zerbe Specimen, Matte PR66, NGC 912198-009

             1970, August, American Numismatics Association Convention Sale, lot 1604, Sold for $14,000

             1984, July, Rarcoa, Auction ‘84, lot 1793, Sold for $39,600

             1986, January, Mid-American Rare Coin Auctions, Florida United Numismatics Convention Sale, lot 354, Sold for $26,000

             1988, July, Superior Galleries, Auction ’88, Public Auction Apostrophe Sale, lot 273, Sold for $50,600

             1998, November, Bowers & Merena Auction, lot 540, Unsold

             2000, Superior Stamp & Coin, ANA National Money Show Auction, lot 575, Sold for $71,875

    Commentary

             This specimen and the ones appearing in the RARCOA's section of Auction '84, July 1984, Lot 1793, Florida United Numismatists Convention Sale, Mid-American Rare Coin Auctions, January 3-4, 1986, Lot 354 and the Public Auction “Apostrophe” Sale, Auction '88, Superior Galleries' section, Lot 273, known as the “RARCOA Specimen”, are the same coin. A characteristic toning spot is in the obverse field between the “L” and Liberty’s forehead. A characteristic double toning streak is below the “T” in TRVST. (DW2013)

             This coin is the “Zerbe Specimen”, pictured in the American Numismatic Association Convention Sale, 1970, Lot 1604. All appear to have the characteristic toning streak below the “T” in TRVST. They also appear to share the three straight toning streaks on the obverse between the “R” and “T” in LIBERTY. The plating variation above liberty’s hair and below the “R” in LIBERY is similar. On the reverse, they all appear to have the toning spots below and to the right of the “E” in “E PLURIBUS UNUM”. However, several distinct toning spots are apparently absent, but could have occurred between 1970 and 1986. 

             The general toning patterns are similar on all these coins, but appear to become more pronounced with age. Conversely, plating variation also becomes more pronounces with age, as seen surrounding the date, TRVST, tiara rays and top of liberty’s hair.  (DW2014)

             The Zerbe Specimen is the only 1922 high relief Peace dollar identified in this roster with the Type 2 matte proof finish as described by Q. David Bowers in his book Silver Dollars and Trade Dollars of the United States: A Complete Encyclopedia, 1993: “Two types of finish were employed: Type 1) Dull, porous gray surface similar to Sandblast Proofs of the era. Most 1922 High Relief Proofs were made with this type of finish. Type 2) Special silvered Matte Proof finish. 1 to 2 1922 High Relief Proofs are of this type. Walter H. Breen sought to determine the process by which this finish was applied, "but could never get an explanation." “The surfaces of high-grade Proofs are bright silver, with any breaks in the surface showing as dark areas of toning (not surface spots or oxidation, as might be first thought). This same proofing process was used by the Mint for certain early twentieth-century silver medals, and by the private firm of Whitehead & Hoag, among others. Commentary: This is the rarest of all major Peace silver dollar varieties.” California Numismatist and official ANA Historian, Farran Zerbe, helped initiated the effort to mint the Peace Dollar in 1920. At the Chicago ANA Convention in August, he presented a paper titled “Commemorate the Peace with a Coin for Circulation”.1 It is interesting to consider the possibility that this coin, with its unique ‘silver-glazed’ finish, was made especially for Farran Zerbe and presented to him in 1922 by the Chief Engraver of the Mint, George T. Morgan, in appreciation of his original efforts.

     1 Walter Breen, “The 1922 Type of 1921 Peace Dollar,” The Numismatic Scrapbook Magazine, July 1961, p. 1723.2. 

    2. Mehl-Norweb Specimen, Matte PR66, NGC 1634739-001

             1988, November, Bowers & Merena, Norweb Collection Sale, lot 3931, Sold for $46,200

             2002, April, Heritage Auctions, Signature Sale, lot 4354, Sold for $51,750

    3. Rhodes-Moorman-Breen Specimen, Matte PR65 NGC 1274863-003

             1959, April, Donald L. Rhodes Auction, California State Numismatics Association Convention, lot 945, Sold for $3,100

             1986, October, Stack’s Public Auction, R.W. Barker Collection, lot 113,  Sold for $35,200

    Commentary(DW2014)

             This specimen and the one appearing in Stack's Public Coin Auction, October 22 & 23, 1986, Lot 113  are the same coin. Characteristic toning spots are seen in the obverse field near the rim at 9 o’clock, and the reverse rim below the “A” at 3 o’clock. (DW2013)

             It is very likely the coin pictured in Numismatic Scrapbook Magazine, July 1961, p. 1722 and Walter Breen's Encyclopedia of United States and Colonial Proof Coins, 1722-1989, 1989 p. 220, and known as the “Breen Plate Coin”. All apprear to have the reverse toning spot at the rim below the “A” at 3 o’clock. They also appear to share the same toning where the obverse field meets Liberty’s forehead. However, the NSM and Breen Plate Coin both lack the toning spot in the obverse field near the rim at 9 o’clock. This toning spot may have occurred between 1977, the first publication of the Breen Encyclopedia, and the 1986 Stack’s Auction. It would be helpful to know it’s ownership between Breen and Barker. 

             It is not the same coin pictured in the American Numismatic Association Convention Sale, 1970, Lot 1604, which is actually the Zerbe Specimen (#1 in this roster). Nor is it the same coin pictured in Don Taxay's U.S. Mint and Coinage, Arco Publishing Co., 1966, p. 357, which is actually the Lester Merkin Specimen (#5 in this roster). (DW2014)

    4. Philadelphia Estate Specimen, Matte PR67, NGC 1727946-051

             1985, July, Paramount International Coin Corporation, Auction ‘85, lot  1277, Sold for $37,400

             1990, October, Superior Galleries Sale, lot 3835, Sold for $56,100

             2003, July, Heritage Auctions, lot 9054, Unsold

             2014, January, Heritage Auctions, FUN Platinum Night Auction Sale, lot 5347, Sold for $329,000

    5. Lester Merkin Specimen, Matte PR66, NGC 1274863-002

             1994, November, Stack’s Auction, The Estate of Lester Merkin Sale Auction, lot 1004, Sold for $55,000

             2006, April, Heritage Auctions, lot 1240, Sold for $126,500

             2009, May, Heritage Auctions, lot 2658, Sold for $161,000

    6. Wayte Raymond Specimen, Matte PR65, NGC 1716846-003

             1991, November, Bowers & Merena, The Frontenac Sale, lot 2249, Unsold

             1999, August, Bowers & Merena, The Rarities Sale, lot 300, Unsold

             2004, January, Goldberg Auctions, lot 2841, $86,250 later listed as unsold

    7. Todd Impaired Specimen, Matte Proof-no grade

             1973, January, Rarcoa, Florida United Numismatics Convention Sale, lot 789, Sold for $9,000

    8. Lindesmith Specimen, Matte PR64, PCGS 83411977

             2000, March, Bowers & Merena Auction, lot 2217, Sold for $36,800

             2001, March, Superior Stamp & Coin, ANA National Money Show Auction, lot 407, Unsold

             2017, April, Heritage Auctions, lot 4193, Sold for $158,625

    9. Houston Specimen, Matte PR25, PCGS 02423037

             2002, April, Heritage Auctions, Signature Sale, lot 6536, Sold for $10,638

    10. Raymond T. Baker Specimen, Matte PR67, PCGS 29547405

             2014, June, Goldberg Auctions, Sale 80, Session 3, lot 1344, Sold for $458,250

    11. Pawn Stars Impaired Specimen, Matte PR61, NGC 2049291-001

             2014, January, Heritage Auctions, FUN Platinum Night Auction Sale, lot 4211, Sold for $99,875

    12. Unknown History Specimen (12), Matte PR66, PCGS 25229755

             2015, January, Goldberg Auctions, The Pre-Long Beach Auction, lot 1690, Unsold

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  17. As many of you are aware, the upcoming World’s Fair of Money will be held in Pittsburgh, PA from August 4-8, 2020.  Education and outreach to YNs are of prime importance to both the American Numismatic Association and this year’s host club, the Pennsylvania Association of Numismatists.

    During the most recent F.U.N. show, Dennis Boggs (who plays Abraham Lincoln) and Pat McBride (who plays Benjamin Franklin) worked in tandem to create a remarkable attraction for show attendees.  YN’s flocked to Abe and Ben for their captivating historical presentations and “selfie” photo ops.

    Bringing President Lincoln and Dr. Franklin to the 2020 Pittsburgh World’s Fair of Money would adda a vital element of YN-oriented outreach via fun, interesting presentations and personal interactions.  We have set up a Go Fund Me page to facilitate bringing Dennis Boggs to Pittsburgh. Contributions in an amount of your choice are appreciated.  Your donation will help us make the World’s Fair of Money a glorious show along the Forks of the Ohio this summer.   

     

    https://www.gofundme.com/f/get-abe-lincoln-to-pittsburgh

     

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  18. For more than 13 years I have been maintaining a slush fund, making sure I get the mail first, discarding all packaging and most documentation, and immensely discounting the value of the coins I have around.  NGC has helped by serving as an excuse for getting coins in the mail that were "already mine."  My wife has not been hostile to the collection, and has occasionally expressed some interest in a historical figure she has heard of showing up on a coin, but not much.  Ancient coins?  She doesn't really believe it.  When NGC sent back one coin out of a submission ungraded as "questionable genuineness" she said "of course they are going to do that sometimes - so you believe the rest are real."  

    About nine years back I started picking up Thai coins since she is from Thailand, and her mom and nephews have shown more interest in these than my wife has.  These really opened up some memories for the mom in law, and surprised my wife and her nephews with how much the value of a baht has deteriorated (like the dollar) since the late 1940's and 1950's.  Whereas a satang (like a cent) is pretty much a throw-away unit of currency in their lifetimes, (a baht is worth about 3.3 US cents, so a satang is worth 0.033 US cents), the mom in law remembers going to the market and most transactions taking place in satangs.  Thai coins, and a few banknotes, have run thin cover for the rest of my collecting.  As I have mentioned in prior entries, almost everyone from Thailand admires a big silver King Chulalongkorn coin.  Except perhaps the most virulent anti-monarchists.

    Anyways, I recently picked up a 100 Baht banknote from a 1929 series, issued May 1, 1932, just under two months before the mostly bloodless coup that resulted in King VII abdicating and the institution of a constitution in his place.  It basically looks the same as the 1 Baht note of the same issue, just bigger and bluer. 

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    I left it on the counter for my wife to look at after dinner and she promised to take a look.  I expected the usual quick glance, "that's nice", and that's it.  But this time we got some emotion and awe-struckedness.  I can't read Thai but obviously she can.  What was getting the remarks "is it real?  Can it be?"  She recognized the name of the signature on the note.  It was one of the founders of her University, Thammasat.  Pridi Banomyong.  This guy (I have learned) was one of a few up-and-coming western educated "commoners" known as "promoters" who had been exposed to the ideals of Western democracy, nationalism, and, unfortunately communism.  The good news is that communism never took hold in Thailand, and everyone lived happily ever after under a sort of compromise between old-line traditional monarchy and constitutional democracy.  But this guy's role in founding the University my wife went to is what she knows him for.  She posted a scan of the note to a group of friends from college on-line, and confessed that she was impressed.  

    I used the opportunity while she was facing her computer to place some bids on secret prohibited coins of course.

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    Recent Entries

    Since my first entry I have added to my PF 70 collection all 1990's except for 1993 & 94. Still looking for that right coin and price. Also, my Morgan collection has grown a little. I am now looking and purchasing CC coins for part of my collection. Best of luck to all of you in your quest for that unique coin. 

  19. Hello Everyone,

    Does anyone out there know if there are plastic trays for the larger holders?  The holders that house kilo coins for example.

    And if they do exist, where could I buy them?

    Thank you for your help.

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  20. I'm new to the world of pennies and am looking to purchase a 1909-S VDB penny in MS. But I see that this penny comes with further classifications of BN (brown?) and RB (red brown?) ( and maybe more?). My question is, which classification is more desirable and/or worth more -- the BN or RB? Thank you in advance for your help. 

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    Recent Entries

    Ferdinand Erdman
    Latest Entry

    Now we know why the PCGS coins were allowed back in the NGC Registry. The new ANA Registry is coming on line.

  21. Hello everyone,  I wanted to share the results of the batch of coins that I submitted at the FUN show a few weeks ago.  It only took 18 days for NGC to grade them and get them back to me.  That's pretty good for the volume of coins they received at the show!  I submitted 9 Libertads, and 4 of them came back a perfect 70, so I am quite pleased.  My only disappointment is the 1/10 oz gold coin came back MS 68.  I suppose that's just how the cookie crumbles sometimes.  If you can't tell from the picture, here is the list...

    2019 1/2 Oz Gold Reverse Proof - Reverse PF 70

    2019 1/10 Oz Gold BU - MS 68

    2019 1/20 Oz Gold BU - MS 69

    2018 1/20 Oz Gold BU - MS 69

    2019 5 Oz Silver Reverse Proof - Reverse PF 70

    2019 2 Oz Silver Antiqued - MS 70 Antiqued

    2017 1 Oz Silver Proof - PF 70 Ultra Cameo

    2016 1 Oz Silver Proof - PF 69 Ultra Cameo

    1987 1 Oz Silver Proof - PF 69 Ultra Cameo Lettered Edge

     

    On another note, I just did the math and realized I am exactly 50% complete with my Libertad typeset I have been working on.  If anyone is interested, check it out...https://coins.www.collectors-society.com/WCM/CoinCustomSetView.aspx?s=26162.  

    It's a work in progress, and I hope to add a lot more this year.  

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  22. The Royal Mint just started a new series called Music Legends. It's an annual program and each year they'll feature a different band on silver, 1/4 gold, and 1oz gold coins. The first band was Queen and the two gold pieces sold out immediately. Here's mine, got it to add to my Symphony Set. The first modern band to make it into the Symphony Set!

  23. To NGC and Staff members,

    I wanted to get back to you for such a nice write-up you did featuring my Jefferson collection. I've often known I made no mistake selecting this company where the quality service is often the deciding factor. The members who put this together 'Thanks so much' it means alot. This was a very exciting journey for me- so many ways to collect in this series'I wanted to get a little of each type. As much as I'd of loved to complete this collection'due to my health issues-it would be very difficult for me now. However' I will keep checking back to view the new players in the Ngc Registy'- I enjoy reading their journals excited when finding a particular nickel. I wish all at Ngc the very best and I look forward to staying in touch with you. 

     Respectively' James G. Berline

    PS: I'd love to hear from my old friends and new' text me when you get the time.

    (attachment of my collection-safely secured in safe deposit box)

    > My Email:   jb857450@charter.net

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