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USAuPzlBxBob

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Journal Entries posted by USAuPzlBxBob

  1. USAuPzlBxBob

    First Rare Coin
    It has been 10 years since I purchased my first rare coin…
    And had I not kept records — mailing invoices, copies of written letters, NGC Submitter Copies — I would have scant recollection of what had transpired.
    This brings me back to my first rare coin — a rare gold coin — and I’ve always been bothered by my records not revealing if it really was the first rare gold coin I had ever seen or held.
    The mystery involves a tale between two dealers — Austin Rare Coins, Inc. and Thomas M. Pilitowski & Assoc. — and how their different Invoices could reveal — or obscure — the truth, forever.
    The two coins involved are an 1881-CC $10 Eagle (Austin) and an 1891-CC $5 Half Eagle (Pilitowski), and both were procured at roughly the same time:  June 2013.
    I had always been certain that the 1881-CC coin was the first because I talked the dealer into throwing-in a free copy of the 2013 Red Book as part of the deal.  But the Invoices left me in doubt ten years later.
    Here is what their Invoices reveal:
                        Dealer                              Date              Ship Date                       Additional Notes
           Austin Rare Coins, Inc.              06/28/13           Not Stated       PRE-PAID BY CHECK; CHECK#: 1794
    Thomas M. Pilitowski & Assoc.    June 21, 2013      July 2, 2013                         Due by: PAID
    From this information it would appear that I ordered the 1891-CC $5 Half Eagle first — a week earlier — but there was the possibility that the 1881-CC $10 Eagle was ordered first, and 06/28/13 was its ship date.
    Long ago, I had disposed of my payment records — written checks, credit card receipts — and all I have left are these two Invoices.
    Or so I thought…
    Although I do not have the cancelled checks anymore, or even my monthly statements, over the years I do retain The Secretary Register(s) for all of my checks.  These are not little one-check-per-page checkbook Secretaries, these are 3 checks to a page checkbook Secretaries, the best way to involve yourself with check writing.
    Twelve pages deep on one of them, there I found written in dark blue ink, two entries among twenty-eight others:
    1794    6/18        ARCI
    1796    6/21        Thomas M. Pilitowski & Assoc.
    I would have written the checks, and mailed them their following mornings on the way to work.
    The Austin Rare Coins, Inc. Date is ten days after I wrote the check.  The Thomas M. Pilitowski & Assoc. Ship Date is eleven days after I wrote the check.
    By keeping my checking book Secretaries throughout the years, I can finally put this mystery to rest:  the 1881-CC Eagle was definitely the first rare coin,
    … and I still have it today.
  2. USAuPzlBxBob
    I really knew nothing whatsoever about numismatics when I bought this coin.
    Part of the deal was a free copy of the 2013 Red Book…
    I knew it was gold, and I thought the PCGS holder it came in was meant to keep it secure, and to assure me that it was genuine.
    When received, the holder couldn't be opened, which surprised me, and the holder had wear on the backside that obscured the coin a little.  Through a jeweler's loupe, a fiber could be seen on the reverse side of the coin, yet another reason to get it re-holdered.
    As I learned more during my first year of collecting, I realized that I preferred NGC holders just for their presentation appeal.
    This past year, I sent the coin to NCS to remove the fiber, and it was to then go on to NGC to be crossed-over.  NCS reported that the fiber blew off with a "puff of air," so they didn't charge me, or if they did charge me, it was only a handling fee.  This 1881-CC $10 Liberty successfully crossed into a beautiful new NGC Scratch Resistant holder.
    Visually, in person, it is a likable coin, but when photographed with just an iPhone, it is absolutely gorgeous.
    Who says US Gold coins are lacking in portrait beauty?  Care to guess the grade?