Coins We Love - February 8
First of all, we’d like to thank all of you for your comments, compliments and feedback on our recent video. It was a pleasure to share a little more of our overall vision with our clients and friends, and we hope that you enjoyed learning more about DLRC.
This week’s CWL is absent an interesting video, but we’ll have more in the coming weeks to peel back the orange a little further on DLRC. The highlights of this week in the office are wide and varied. We’ve added a new team member, Charlie Browne to our staff as a Senior Numismatist, and we invite you to give him a call and welcome him to DLRC. Charlie has been full-time in the coin business for over 43 years, but has spent 60 years in the hobby, starting as a collector when he was eight years old. If you’ve been to a national show or a local New England show, you’re sure to have met him. Charlie has spent time working for several major dealers since the 1970s and has spent three separate stints at PCGS grading coins as well. He also has taught the Advanced Grading Class at the ANA Summer Seminar for 14 years with an amazing team of teachers. I personally had the pleasure of teaching with him for two years as well. Most notably, Charlie is truly one of the nicest guys in the coin business. When I was speaking to others about possibly having Charlie join us, I did not hear a negative word. All in all, Charlie is a great guy and an even better numismatist. Unfortunately, he is a Red Sox and Patriots fan (he’s from Boston), but we’ll welcome him anyway.
Otherwise, we’ve been processing coins as usual and have set up our 1000th Internet Auction. It’s the largest number of any other company and something we’re incredibly proud to say. We hope that you’ll find something there or within our musings here and that we’ll get the opportunity to work with you this week!
John Brush and Your Friends at DLRC
Why we love it: A scarce date Liberty Head Half Eagle from the San Francisco Mint. This issue comes from a low, original mintage of only 29,000 coins struck, in which this example is tied with just two others for the finest known to exist across all grading services. This coin displays extremely evident remaining luster, which combined with its gorgeous, ideal coloring makes for very high-quality eye appeal.
Value: The PCGS Price Guide has this coin valued at $18,000. It is available in this week’s auction with the reserve set at just $17,000. That is $1,000 under the PCGS Price Guide value for this scarce, low mintage date example that is tied for the finest known to exist!
Why we love it: The 1930-S Indian Eagle is an immensely popular and desirable rarity. This famously rare coin displays attractive, even yellow-gold coloring and surfaces so pristine that it looks like a true gem. These gorgeous surfaces combined with its blazing luster give this piece incredible eye appeal. This near-gem example is so beautiful and blemish-free that it seems under-graded, in which CAC agrees as they have given it their sticker of approval.
Value: The PCGS Price Guide has this coin valued at $80,000 and the CPG Value is at $78,600. It is available in this week’s auction with the reserve of just $75,000, which is $5,000 under the PCGS Price Guide and $3,600 below the CPG Value for this beautiful, lustrous, famous rarity even with CAC approval!
Why we love it: A lovely gem example of this famous key date that displays gorgeous coloring and pristine, blemish-free surfaces. This rare coin features rich red-brown coloring in the fields with highlights of lavender and magenta toning on the devices. It comes from a very low, original mintage of an estimated 1,500 to 2,000 coins, in which there are only four other examples in existence graded finer by either grading service.
Value: The PCGS Price Guide has this coin valued at $57,500. It is available for purchase at the low price of $42,000 as a CWL special through Make Offer! That is a staggering $15,500 below the PCGS Price Guide value for this famous key date in high-grade gem condition with stunning eye appeal!
Why we love it: A gorgeous gem example of this popular key date Morgan Dollar from the Carson City Mint. It displays lovely toning on both the obverse and reverse with deep hues of blue-green and vibrant highlights of yellow-gold and rose-gold. These stunning colors combined with plenty of fantastic luster create premium eye appeal. There are only six other examples in existence graded finer by either grading service.
Value: The PCGS Price Guide has this coin valued at $24,000 and the CPG Value slightly higher at $24,200. You can find it in this week’s auction with the reserve set at $20,250. That is $3,750 under the PCGS Price Guide and a $3,950 below the CPG Value for this popular key date Carson City Morgan in gem condition with beautiful toning!
Why we love it: A rare proof-only issue Liberty Seated Dollar with pristine, golden surfaces. This extremely scarce issue has a very low, original mintage of only 300 coins struck. The coin’s nearly blemish-free, flashy proof surfaces along with its subtle, golden toning, make for stunning eye appeal. This example truly appears to be under-graded, proven by its CAC sticker of approval.
Value: The PCGS Price Guide has this coin valued at $14,000 with the CPG Value only $100 lower at $13,900. It is available in this week’s auction at a reserve of just $12,500, which is $1,500 under PCGS and $1,400 below CPG for this rare, incredibly low mintage proof-only issue even with CAC approval!
Why we love it: The 1877 is the key date in the Indian Cent series and has long been desired among nearly all collectors of U.S. coins. This near-gem example is covered evenly by some attractive brown toning with pristine, bright red surfaces shining through. Between its unique, original coloring and its evident, frosty luster, this famous key date presents premium eye appeal. Its high-quality and beauty was recognized by both CAC and Eagle Eye.
Value: The PCGS Price Guide has this coin valued at $9,000 and $16,000 in the next grade up. This popular and desirable key date is available at $10,500 via Make Offer. That is $1,500 above the PCGS Price Guide value for MS64 and $5,500 below the value of the next grade up even with its CAC Sticker and Eagle Eye Photo Seal recognizing it as very high-end for the grade and under-graded!
Why we love it: This better date gem Morgan Dollar displays deep, pristine, obverse mirrors along with beautiful, reverse toning. The surfaces of the obverse are incredibly deep-mirrored and nearly without any blemish complemented by a gorgeously golden, rose and blue toned proof-like reverse. This flashy, deep-mirrored gem is housed in an Old Green Label Holder and CAC approved for its extreme high-end quality for the assigned grade. This coin displays premium eye appeal and is tied for the finest known example with the DMPL designation graded by PCGS.
Value: The PCGS Price Guide has this coin valued at $4,500. It is available for purchase for just $4,100 through Make Offer, which is $400 under the PCGS value for this better date, nicely toned, DMPL surfaced gem even with CAC approval!
Why we love it: An early, scarce Half Cent type coin from the first year of issue that displays nice, original surfaces with even coloring and wear. This early type coin is worn lightly and evenly across its surfaces with a smooth, pretty, darker brown coloring contrasted beautifully between the devices and fields. The originality and attractiveness of this scarce first year of issue along with the lack of porosity issues gives it very high-end eye appeal for the grade.
Value: With the PCGS Price Guide valuing this coin at $13,000 and CPG at $13,900, this example is available at a reasonable price of just $11,000 via Make Offer. That is $2,000 below the PCGS Price Guide value and $2,900 under the CPG Value for this scarce, first year of issue type coin!
Why we love it: This scarce date, ultra-gem Three Cent Silver piece displays gorgeous toning including highlights of blue-green and rose-gold. These beautiful colors cover the entire reverse and are also quite evident on the periphery of the obverse. The coin also displays immaculate proof surfaces that are nearly completely blemish-free. This scarce issue comes from a very low mintage of just 960 coins struck, in which there are only two other examples graded finer by both grading services.
Value: The PCGS Price Guide has this coin valued at $8,750, but it is available in this week’s auction with the reserve of $6,675. That is $2,075 under the PCGS Price Guide value, and a great deal for this incredibly high-grade, beautifully toned example of this scarce, low mintage proof!
Why we love it: This ultra-gem Proof Barber Quarter displays immaculate, blemish-free surfaces and gorgeous toning especially on the obverse. These beautiful proof surfaces are richly, deeply toned in the fields with vibrant gold, orange and magenta highlights covering the devices that make for stunning eye appeal. This Proof Barber Quarter issue comes from the lowest original mintage in the entire series that amounts to only 380 coins struck in which this example is tied with 14 others for the finest known and is just one of four to be CAC approved.
Value: This coin comes from the lowest mintage of its entire series and is tied for the finest known example, yet it is available for purchase for only $9,250 via Make Offer! That is $2,250 under the PCGS Price Guide value of $11,500 for this gorgeously toned, high-grade gem even with CAC approval!
Why we love it: A popular Civil War date numismatic treasure from the famous SS Republic shipwreck. This Liberty Seated Half Dollar was struck by the state of Louisiana after their secession from the United States. This specific example has intriguing and unique eye appeal from its “Shipwreck Effect” and is an incredible, affordable method of owning a piece of history.
Value: This popular Civil War Era O-Mint Issue Liberty Seated Half Dollar from the famed SS Republic Shipwreck is available for purchase at the reasonable price of just $625 via Make Offer! This is quite an exciting opportunity to own a true numismatic shipwreck treasure for a great price!
Why we love it: A very early, affordable New Orleans Mint Issue Liberty Head Quarter Eagle with nice, original surfaces. This popular O-Mint Quarter Eagle displays some light, even wear and surprisingly beautiful, even yellow-gold coloring for a coin in this grade. Its originality and ideal coloring give this desirable gold piece incredibly unique, attractive eye appeal. This scarce yet affordable example comes from a lower original mintage of just 153,000 coins struck.
Value: An underrated O-mint issue without an accurate price guide value in our opinion. Available for just $400 via Make Offer this week, we think that the ultimate customer is someone who can appreciate good, long-term value.
Why we love it: A beautiful, lustrous example of this scarce overdate Liberty Head Half Eagle variety. This popular Half Eagle overdate has great luster along with ideal rich, golden coloring that gives it extremely nice eye appeal. This coin displays surprisingly few blemishes for its grade with sharp, uninterrupted details in the devices and clear, even fields.
Value: The PCGS Price Guide has this coin valued at $685, but this overdate variety is a scarce 20th century gold error that is typically underappreciated. It is available for purchase at $715 via Make Offer.
Why we love it: A blast white gem example of this low mintage commemorative issue that was minted to celebrate the life of Booker T. Washington. This coin displays fantastic eye appeal from its bright white, blemish-free surfaces and incredible luster. This commemorative issue comes from a low, original mintage of only 8,005 coins struck; in which there are only ten other examples graded finer by PCGS.
Value: The PCGS Price Guide has this coin valued at $400. It is available for purchase at the low and fair price of just $300 via Make an Offer! That is $100 below the PCGS Price Guide value for this gorgeous, lustrous example of this low mintage commemorative issue!
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