Coins We Love - February 15
As always, things are consistently moving here at DLRC. In fact, recently we were privileged to be involved in a transaction for one of the most amazing sets of U.S. coins that has been put together. You can see the press release here or you can read our brief synopsis below:
David Lawrence Rare Coins Acquires Hall of Fame Collection
David Lawrence Rare Coins of Virginia Beach has purchased one of the most impressive sets of U.S. coins that has ever been assembled. The collection, piece together by mega-collector Bruce Morelan via Legend Numismatics, was set to be auctioned through Legend Auctions in May. However, in advance of the auction announcement, the set was acquired intact by David Lawrence on behalf of DLRC's partner Dell Loy Hansen.
For Bruce, the thrill of the hunt had ended since there were no better coins to include. He had enjoyed the set for many years, even selling it intact to a coin investment fund in 2008, before purchasing it once again and improving it with several additional spectacular specimens. The quality of each Seated Dollar is absolutely impeccable, and every single coin was hand-picked for not only condition, but ultimate quality. This collection not only houses the finest known pieces of many of the individual dates, but each piece is CAC-certified as well. With coins from the legendary Garrett, Share, Childs, Fairfield, Stack, Hayes, Amon Carter, and Knoxville Collections, this set was put together over many years by some of the most discerning eyes in the coin industry. In fact, many acquisitions were made as part of larger collections to add a single coin to the set. A group that can never be duplicated, this is truly one of the Hall of Fame collections.
In the end, Morelan felt it was time the pass the coins on for other collectors to enjoy and DLRC and Dell Loy Hansen jumped at the opportunity. DLRC and Dell Loy Hansen are looking forward to exhibiting the collection at several national shows in the near future as part of the holdings of the Hansen Collection.
Just so you don’t think we’re sitting on our laurels after such a neat transaction, we’re also preparing for our trip to the Long Beach Coin show this week. Gary, Mike, and Chris will be in attendance for the entire show. If there’s anything you’d like us to bring along, please don’t hesitate to shoot us an email to coins@davidlawrence.com! As for now, we hope that you enjoy reading about our recent transaction and find something of interest in the coins below!
Sincerely,
John Brush and Your Friends at DLRC
Why we love it: An early, better date Liberty Head Half Eagle with extremely lustrous surfaces and gorgeous, yellow-gold coloring. This scarcer issue Half Eagle has clear fields and sharply detailed devices with few blemishes making it especially high-end for the assigned grade. Between the gorgeous luster and pristine yellow-golden surfaces, this coin displays stunning eye appeal.
Value: The PCGS Price Guide has this coin valued at $15,000, and the CPG Value is at $14,200. It is available in this week’s auction with the reserve set at only $11,750. That is $3,250 under the PCGS Price Guide and $2,450 below the CPG Value for this gorgeous example of this early, better date Liberty Head Half Eagle with only a pair of pieces graded higher by PCGS!
Why we love it: A popular, better date Liberty Seated Dime from the Carson City Mint with nice, original surfaces. This scarce CC-Mint Issue Dime comes from an extremely low, original mintage of only 18,791 coins struck. The wear on this piece is light and even leaving clear, sharp details throughout, along with attractive coloring gives this coin ideal eye appeal for the grade. It looks extremely high-end for the assigned grade as proven by its CAC approval.
Value: The PCGS Price Guide has this coin valued at $11,000. It is available in this week’s auction with the reserve set at a reasonable $10,500. Auction records for CAC-approved items have consistently ranged from $10,500 to over $11,000 in the last year, and we think that this piece is sure to garner the same value.
Why we love it: This gorgeous near-gem example of this sought after, later issue Liberty Head Eagle from the New Orleans Mint features incredible luster and beautiful yellow-gold coloring. The fields and devices of this coin have limited blemishes and nice eye appeal. This issue comes from a lower, original mintage of just 86,895 coins struck, in which only four other examples in existence that are graded finer by PCGS.
Value: The CPG Value is at $10,600 on the value of this coin. It is available via Make Offer for just $9,500! That is an entire $1,100 under the CPG Value for this popular and scarce New Orleans Mint Issue Liberty Head Eagle.
Why we love it: This gorgeous ultra-gem proof Morgan Dollar displays frosty devices and pristine, flashy fields that give this coin stunning eye appeal. This scarce, blemish-free gem comes from an incredibly low, original proof mintage of only 590 coins struck, in which this example is the finest known graded by PCGS. This coin is absolutely destined to be part of the finest Proof Morgan Dollar Collection.
Value: The PCGS Price Guide has this coin valued at $59,000, which seems conservative, being that no other coin of this date and finish compares to this piece! It is available in this week’s auction with the reserve set at the reasonable amount of just $58,000. It is an excellent opportunity to upgrade your registry set with the finest example available.
Why we love it: Our favorite date in one of our favorite series, the 1901-S Barber Quarter is by far the most famous key date in its series. It's so popular as a date that this issue transcends the series and key date collectors specifically seek this coin out. This more affordable example has light, even color and wear along with attractive, original surfaces.
Value: The PCGS Price Guide has this coin valued at $8,500 and the CPG Value is at $8,750. It is available in this week’s auction with the reserve set at $7,950. Just a year or so ago, this date and grade would command over $9,000 in auction, thus the far more reasonable level in this week’s auction seems like great value to us!
Why we love it: A beautiful, blast white, registry-quality gem Barber Half Dollar from the San Francisco Mint. Incredible luster and nearly perfect, blemish-free surfaces. Its excessive amounts of gorgeous luster and incredibly frosty, pristine devices and fields give this lovely gem stunning eye appeal. This coin is an extremely high-end example of its grade, in which it received CAC approval. There are only seven other examples in existence that are graded finer by PCGS.
Value: The CPG Value comes in at $9,380 for this coin; however, it is available for purchase at just $8,200 via Make Offer! This seems like an excellent value for such a high-end registry quality gem of a slightly better date.
Why we love it: This popular, better early date Walking Liberty Half Dollar displays lightly toned surfaces and plenty of incredibly attractive luster. This scarce, gem Walker features high quality, premium eye appeal from its lustrous, mostly white surfaces with a pretty hue of golden coloring. This lovely example is tied for the finest known in existence graded by PCGS.
Value: The PCGS Price Guide has this coin valued at $11,500 with the Greysheet wholesale value of $10,000 and the CPG Value is at $12,100. It is available for purchase at the lower and certainly reasonable price of just $9,000 via Make Offer! We can offer an excellent value on this better date early Walker due to an advantageous purchase from a fellow wholesale dealer at the recent PCGS Invitational Show!
Why we love it: An early and scarce type coin from the Draped Bust Large Cent series that displays attractive, original surfaces and smooth, chocolate brown coloring. This affordable example of this popular issue features light, even wear and surprisingly crisp, clear details for the assigned grade.
Value: This popular, scarce early Large Cent type coin is valued at $750 by the PCGS Price Guide, but we are offering it for just $675 via Make Offer this week!
Why we love it: This lovely, affordable gem type coin from the Braided Hair Large Cent series displays immaculate surfaces, nearly completely without any blemishes with attractive, subtle luster. This pretty, brown gem features ideal coloring for the issue along with premium eye appeal. It has earned CAC approval as it seems quite high-end for its assigned grade with its pristine fields and uninterrupted, sharply detailed devices..
Value: This coin is available via Make Offer for just $725 as part of our CWL special. With the PCGS Price Guide valuing this coin at $1,000, that is $275 below the PCGS Price Guide value for this gorgeous gem Large Cent type coin even with CAC approval!
Why we love it: This later issue, gem Walking Liberty Half Dollar displays stunning rainbow toning around the periphery of the coin with a lustrous, bright white center. This rainbow toning includes pretty highlights of blue, green, magenta and golden yellow. Colors as clear and beautiful as the ones featured on this coin are seldom seen on any Walker issue making its eye appeal gorgeous and extremely unique. The assigned grade does not come close to fairly depicting this coin’s true beauty and originality.
Value: This coin is listed for $500 but it can be purchased via Make an Offer for only $425! Walking Liberty Half Dollars rarely come with toning this vibrant and beautiful making this example far advanced for the assigned grade and simply a stunning work of art. This gorgeous piece is perfect for not just collectors of this specific series but for all serious enthusiasts of toned coins.
Why we love it: A quite scarce and extremely desirable Carson City Mint Issue Liberty Seated Half Dollar that displays nice, original surfaces with attractive, intriguing coloring. This popular issue is greatly sought after by both collectors of this series and enthusiasts of the Carson City Mint. This better date features light, even wear and surprisingly strong, clear details. It comes from a respectable, lower mintage of just 214,560 coins struck.
Value: he PCGS Price Guide has this coin valued at $1,150 and is available at $1,100 through Make Offer, which is $50 under PCGS for this scarce, popular Carson City Issue Liberty Seated Half Dollar.
Why we love it: This is a popular and scarce final year of copper nickel composition issue in the Indian Cent series. This lot features ten NGC XF graded coins that all represent their grades well with nice, original surfaces and clear details within the devices. The coins all display ideal coloring and eye appeal for the issue and assigned grade.
Value: The PCGS Price Guide has each of these coins valued at about $100 making this lot of ten worth $1,000; however, this lot is available for purchase for just $775 via Make Offer as a group! This is a fantastic wholesale offering for a nice, wholesome group of Civil War Date Indian Cents.
Until next time, thanks for stopping by and sharing some time with us to browse our Coins We Love.
Check out all of the available "Coins We Love" from past newsletters