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Unfortunately, things have not changed since my Journal Entry last month - How difficult can placing a bid be?
In that never-ending challenge of trying to fill gaps in my collection several more very nice examples of coins, ungraded and possibly the finest available for the issue, have appeared and passed me by yet again. Typically, there were multiple bidders and they achieved 4x the top estimate and as the prices kept rising, I just couldn’t bring myself to bid again.
As a result I thought I would take the opportunity to expand my library as some interesting books also appeared in the auction lists, one of which, although expensive, is still available brand new from the publisher and as this was the first time I had ever seen a second hand copy for sale I rearranged my plans and followed the auction online with the intention of finally securing myself a copy. I was very surprised when it hammered at 25% more than the cost of a new one!
Having recovered from my disbelief I thought I can take a hint and ordered a new copy instead – ‘your purchase will not be shipped until September due to COVID-19 restrictions’.
*warning, the following information is mostly made up; it is only fact in the innermost circles of strange imagination*
Flips, 2X2 cardboard, capsules, slabs, boards. All of these and many more serve the supreme and sole purpose of containing our prized coins. But, for some indecipherable reason, no history book I've ever come across explains their origination. Resolving to enlighten my fellow humans of this grievous error, I immediately began research (well... technically I went to that concert first, then I had this vacation...). After concluding that WackyPatio had nothing useful to say on the subject, I began digging in my front yard... then realized after a discussion with my mother that it really would be more likely I'd find what I wanted if I filled up every single hole I had dug, and relocate my irritating, dirty activities to the local forest. Eventually though, ten feet down, I found it. A document detailing the early development of coin holders! While it was all in the ancient language of Geek (as in coin geek), I made quick use of the Ro-cent-a Stone, and discovered the following;
In the early days, collectors, who at the time by the way had not invented grading (that would come with the very advanced Ro-Notes Empire), struggled to keep their coins in one place. Constantly these prized numismatic specimens would roll all over the place (which is why ancient coins are never perfectly round by the way; rough surfaces caused uneven wear in the rim, which lead to more uneven rolling, hence really un-round coins). Sure, they could have been laid out flat, but remember the Geeks (again, as in coin geek), were a very philosophical sort; to only view one side of the coin is to be close-minded. Then, after wrapping up some insignificant works of literature, something like Nickel-mean Ethics, Ari-dollar had a light bulb moment. A big one. He remembered that people who were squares never wanted the good times to roll on. So why not create square holders so the coins wouldn't roll on? After several concept designs, one of which had the issue of entirely covering the coin from view, another of containing too little PVC (the local government, who were heavily invested in PVC stock, required it), Ari-dollar finally solved the problem of rolling coins with the first coin holder.
In a recent blog post, I mused over having to fill out one of those dreaded NGC submission forms. As with most things I procrastinate over, I eventually got around to it. I have also written about The American Bar Association medallion I bought from a seller on E-Bay who thought it was a fake. Well, today is the moment of truth. That medallion finally made it to NGC, and the grade was released today.
If you remember, I wrote in my blog post on April 4, 2020, that I purchased an American Bar Association medal from an E-Bay seller who thought it was a fake. Of course, I thought otherwise. Because the item was offered for hundreds of dollars less than I could otherwise purchase it, I decided to take a chance and buy it. At that, I finally sent it to NGC for authentication and grading.
If you’re like me, you are constantly checking on the status of your submissions. After the status changes to grading/quality control, the wait for finalized/imaged/shipped is almost unbearable. Then your status changes and NGC releases the grades. Now unless NGC is in the practice of encapsulating fakes, my medallion is authenticated with a grade of MS-64!
I trusted my gut on this, and after hoping for a grade of MS-62, its time for “happy dance!” Presently, other of my coins and medals are waiting on grading. For now, I’m sitting on the edge of my seat, anticipating more good news. Below is the write up of this medallion for my Laura Gardin Fraser custom set.
Every year since 1929, The American Bar Association awards this medallion designed by Laura Gardin Fraser for "Exceptionally distinguished service by a lawyer or lawyers to the cause of American jurisprudence." This medallion is an unawarded 75mm example of the ABA medallion struck in gilded bronze. From the reverse picture, it appears as if the gilt did not uniformly take. This medallion is also struck in two sizes 100mm and 75mm, of which the 100mm is scarcer. It's struck in bronze, 24k and 14k gold, and gilt bronze.
The obverse features a bust of Chief Justice John Marshall (chief justice of the supreme court between 1801-1835). The motto "TO THE END IT MAY BE A GOVERNMENT OF LAWS AND NOT OF MEN" is contained in the Massachusetts Bill of Rights and written by John Adams. The reverse features a seated image of Justitia holding a scale in her right hand and a downward pointing sheathed sword with her left. Laura Gardin Fraser's monogram appears below Justitia. Gary
Around the time I ordered that Lunar Monkey coin for Ben's birthyear I saw that a seller had listed 5 2019 Lunar 2 Pig coins that had the Early Release label. That was pretty much exactly what I wanted for Sam's year as an equivalent piece. One of the five sold almost immediately but there were four left and I felt pretty safe with that and I decided to wait and see if I could hold out for a 5% eBay bucks deal - always nice if you can pick up some cashback on things, right?
About a week later 2 other coins sold in rapid succession and, at that point, I decided to stop waiting and pick up one of the last two - $2 in eBay bucks wasn't worth possibly missing out on what I wanted.
Shortly after I bought mine - within a few days anyway - the seller listed 5 more of them for sale, but increased the price from $50 to $55. The price increase is more than twice what I was hoping I might be able to snag in eBay bucks for next month.
So I got lucky this time, but holding out and hoping I could game things very nearly cost me an extra $5.
I don't know if it's supply chain disruptions or production disruptions because of Covid-19, or everyone spending their Stimulus and bonus unemployment, or what, but it feels like a lot of the things I want to try to pick up for fun for us and Ben & Sam are sold out lately. Target has sold out of the nerf guns we got recently and now they sold out of the smaller nerf pistols I was looking at. They've sold out of the water guns we got before - I was going to get more of both so more of us could all play together with the grandparents and uncles. Amazon is out of the baby shark toys like what my mother got Sam (which they were fighting over) - all three colors of it… I don’t know that I’ve ever seen this before.
DISCOVERING VARIETIES USING PHOTOSHOP TO COMPARE COIN IMAGES
Using Adobe PhotoShop (PS) we can compare images of the same date to view any possible differences and thus establish the variants.
I will be using the Venezuela 5B (1879 to 1936), my favorite coin collection, for these comparisons.
1936 was the last date the Venezuela 5B (FUERTE) was issued.
To compare two coins we must first align them and make them the same size. For alignment I use the top of of the shield. Before resizing, crop the image to the borders of the coin. Resize all images to the size of the largest.
There are two methods that I use for comparing images. The first method involves placing one image on top of the other and making the top image around 50% translucent. The second method requires more work but I feel is worth it: Make a “mask” of each coin in different colors and the compare both “masks” one on top of the other. Both methods will be clear once we see the finalized product.
In the case of the Venezuela 5B all but one of the varieties known involve the date so we will concentrate there.
Here is a combination of both methods. A red “mask” was made of a coin graded with the variant “9 HIGH” and a green one for “LOW 9”. Both images were superimposed and the top image was made partially translucent. More examples will be posted as I get the work completed.
By closely looking at the second 9 it is easy to see that the red 9 in higher and more to the right of the green nine.
Looking at only the masks is even more obvious. The stars are not part of the date and thus should stay in place always and serve as a guide that we are doing a good job if they match.
The following example is the result of superimposing only the two masks of 1926 coins (NGC SN included). As you can see the stars on each side align perfectly. In the case of the year 1926 NGC does not recognize any variants even thogh these two coins are clearly different.
NGC ACCEPTED VARIETIES
NGC recognizes varieties for the following years:
1936 Not attributed any longer by NGC.
THE 1921 VARIETIES
I made a mask in red for the 1921 "Narrow Date" and pasted it on top of a coin with no variety attributed. It is clearly a "Wide Date". The major differences are noted in green.
THE 1910 VARIETIES
The are two varieties recognized for 1910, “ROUND 0” AND “OVAL 0”
It’s easy to see the difference in this comparison. Not only is the “ROUND 0” wider but the center of the zeros are very different.
THE 1924 VARIETIES
NGC recognizes 4 varieties:
WIDE DATE, NARROW DATE, LOW 9 and HIGH 9.
WIDE DATE (RED) / NARROW DATE (GREEN)
The difference is quite obvious
LOW 9 & HIGH 9
In the following photo we compare an NGC coin graded “LOW 9” in blue to “NARROW” in
orange and “Wide” in black.
The “LOW 9” is about as wide as the “NARROW” and all number except the “1” are lower. I did not find a coin graded “HIGH 9” but it is possible that such a coin is no other than the “NARROW” which as we mentioned is higher.
Is there another variety for 1924?
Let’s compare two coins.
The first coin is an NGC coin graded AU DETAILS “LOW 9”.
The second coin is a PCGS MS 63 with no variety attributed.
The third image is a comparison of both coins.
As can be clearly seen the PCGS coin is very similar to the “LOW 9” however the NGC coin is clearly wider which is very easy to spot when you look at the “4” The PCGS coin is clearly different from the other varieties “WIDE” and “NARROW” and it’s obviously not the missing “HIGH 9”.
THE 1936 (NOT) VARIETIES
In the past NGC has recognized three 1936 varieties: “HIGH 3”, “NORMAL”, “LOW 3”. Let’s take at look at them.
In the following image are two superimposed “masks” of the “HIGH 3” and “NORMAL” varieties. They are identical.
This is a side by side comparison of the “HIGH 3” and “LOW 3” varieties.
This is a top on top comparison of the “HIGH 3” and “LOW 3” varieties with the top image being 50% translucent.
Can’t see a difference, neither can I!
When I asked NGC, on June 5th. 2020, about the 1936 varieties, the answer I got was “We will not do any attributions for 1936” which I thought was the correct and honest answer.
Here is additional proof of the non existence of the 1936 varieties. The same "mask" has been applied to all coins.
There is an additional image for another LOW 3 but I ran out of uploading space.
THE 1911 VARIETIES (corrected on 06/24/2020)
The image below is composed of “NARROW” mask and a “WIDE” mask superimposed on top of a “NORMAL” coin so that all three varieties are visible.
The only “NARROW DATE” I found was a PCGS SN 80554128 MS 64. By the way, PCGS has some great images I have used for my research, NGC images are not even close.
The following coins graded by NGC as “NARROW” I found to be “NORMAL”
2669687-013 XF 45
2669687-008 VF 35
2834210-002 VF 30
THE 1912 VARIETIES
The difference between the “NARROW” and “WIDE” DATES is quite obvious. The “WIDE” DATE is represented by the green “mask” and the “NARROW” DATE is below. I looked at the only “NORMAL” DATE that I could find but it was a VG 10 coin and I was not able to notice any difference, I understand that the “NORMAL” DATE is only very slightly wider than the “NARROW” DATE.
THE 1886 VARIETIES
NGC recognizes four varieties for 1886:
SECOND 8 LOW
I first made a green “mask” of an NGC “SECOND 8 LOW” graded coin and applied it to all coins for easy comparison.
Below is a “NORMAL DATE” with the green “mask” on top.
The next image is of the “SECOND 8 LOW” with it’s own “mask”
The last image is of “TIGHT 8s”
No image is provided for “NO ACCENT” since that is easily observable in the word BOLÍVAR (BOLIVAR) in the obverse.
THE 1902 VARIETIES
There are two varieties for 1902, “WIDE” and “NARROW” dates.
The image below is a “mask” made with a “WIDE” date and superimposed on a “NARROW” dates. The main difference is marked on bottom right of number “2”.
THE 1888 VARIETIES (CORRECTED ON JULY 3, 2020)
The first image is of a coin graded “SECOND 8 HIGH” with a green “MASK” outlining the date.
The second image is of a coin with no variety assigned but differs from the “SECOND 8 HIGH” as can be seen when the same “mask” is applied to it. NGC recognizes only two varieties so I will assume that this one is “SECOND 8 LOW”.
THE 1926 VARIETIES NOT RECOGNIZED BY NGC
I will present the case for the existence of four clearly different varieties for 1926 which are not recognized by NGC.
According to numismatica.info.ve/en, a widely respected source, there can be as many as seven varieties.
I will present the ones I found and can show with photographs.
Here are the four varieties with their "mask" superimposed
I separated the four varieties into two groups for a clearer image.
The job has now been completed with the description of each variety.
Below you will find all necessary "masks" you will need to identify the Venezuela 5B varieties. You need to straighten each coin using the top of the seal as a reference, crop the image to a square that barely touches the four side of the coin and make the coin the size of the mask provided. Next you will open the file containing your coin and the file with the mask that matches. The mask will be above the coin image and since it is transparent you will see your coin below. In general only one mask is necessary to identify all varieties since all varieties have been identified and you will see that if the "mask" doesn't match then it's not that variety it's the other one. It's impossible that images will match exactly since there is necessarily some small errors when doing all the needed straightening and cropping, however you should be able to move the mask around to make it fit the necessary space. Making the side stars match is a good starting choice.
I have not been able to remove the image below.
I just got finished buying three more Icelandic coins from a Ebay seller and now I'm convinced that I have a problem with these darn coins. I have never been obsessed about anything in my life other then my work....But when it comes to coins especially my Icelandic coins I'm a total Loony-Tune. As I was scrolling down the ebay listing to see if anything good was posted ...My heart began to race and I intensely clicked on all three listings and bought all three of the four coins the seller put up. They are truly beautiful coins with two of them have some really nice toning....So I just had to have them.....God.... Please Help Me ,,,,I don't ask for much........LOL
Well here are the pictures of my latest additions to my collection
1929 2 Kronur MS-66
1946 2 Kronur MS-65
1946 1 Krona MS-64
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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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
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.
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.
This historic numismatic specimen has a FDI cousin. A FDI Eisenhower dollar gift set from President Nixon to the same Congressman.
To be continued...
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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.
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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
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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?
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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.
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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
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
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
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.
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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.
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.
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.
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.
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.
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!
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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: firstname.lastname@example.org