Coins We Love - January 3
The new year has begun with a bang, and we hope that everyone is slowly getting back into the swing of things after a slight break. The office is finally back to full strength the remainder of the week and there is certainly a buzz of excitement as the FUN show is directly around the corner. We’ll be set up in our usual area in the middle of the bourse floor with a large double corner, and we’d love to see you! Please stop by and say hello and if you have coins for sale, Jason, Gary, Paul or I would be happy to take a look and see how we can get you the best return on your coins for sale, whether it be one of our online auctions or via direct sale. We’ll be cutting a lot of checks at the show, and we’d love to make one out to you.
On the flip side of the coin, please don’t hesitate to let us know if there’s something on our website that you’d like us to bring for your viewing pleasure! We’d be happy to do so, just let us know what you want to see!
Thanks again for viewing and as a sneak peak, we’ve re-priced ALL of the coins that we’ll be taking with us to the FUN show here. So, if you see something here we can give you our best deals on these coins before they hit the show!
Sincerely,
John Brush and Your Friends at DLRC
Why we love it: A better date Peace Dollar from the San Francisco Mint that becomes especially rare when found in gem condition. This ideal gem example displays pristine, lustrous surfaces that are completely blast white, which gives this scarce, desirable piece, lovely eye appeal. There is only one example of this Peace Dollar issue graded finer across all grading services.
Value: The PCGS Price Guide has this coin valued at $26,500 with the CPG Value just below that at $24,200. While these numbers are a bit skewed due to a few exaggerated sales, this gorgeous gem NGC-graded example is available in this week’s auction with the reserve set generously low at just $12,250. That is five figures below either price guide for this underrated S-Mint Peace Dollar.
Why we love it: The Brother Jonathan Shipwreck provenance has quickly become far more difficult to locate as other shipwrecks have been recovered and entered the market. This piece, a later Civil War Era Double Eagle from the San Francisco Mint, is a true historic rarity. The surfaces of this coin offer fantastic eye appeal as they display lovely, unique coloring, strong luster and fewer marks than would be expected from the grade.
Value: This is already a scarce and popular later S-Mint Civil War dated gold piece, whose rarity and desirability increases dramatically by being part of this Shipwreck. Coming from the Brother Jonathan find, this Double Eagle commands a strong premium in value also. Yet this true historic numismatic treasure is available in this week’s auction reserved at only $16,500 even with the PCGS Price Guide and CPG Value sitting higher at $17,000 and $18,200 respectively.
Why we love it: The 1893-S Morgan Dollar is a famous key date that does more than just transcend its own series as it is so greatly desired by every collector across the entire numismatic spectrum in all grades. This high-end AU example features mostly bright white surfaces with strong remaining luster and barely any signs of wear making for extremely nice eye appeal. It comes from a small mintage of 100,000 coins struck, in which far fewer have survived and is the lowest of all business strike Morgans as is.
Value: The PCGS Price Guide has this coin valued at $42,500 with the CPG Value coming in extremely comparably at $43,600 giving even more credibility to these estimates. This bright white, lustrous AU example of this famous key date Morgan Dollar is available for purchase via the Make Offer function for just $38,500, which is thousands below both price guides.
Why we love it: A popular date amongst all denominations, this scarce dime comes from a low mintage of just 50,000 coins struck. Formerly of the Simpson Collection, this piece is arguably the most beautiful of all examples from this rare issue being tied for the finest known and CAC approved. Its light gold toning, strong luster and pristine surfaces give it eye appeal of the highest quality.
Value: The PCGS Price Guide Value for this coin is set at $22,500, which does not even factor in the premium of a CAC sticker. This golden toned lustrous gem example of this popular, scarce date Seated Dime is offered in this week’s auction with a reserve of just $20,500, which is $2,000 under PCGS’s estimation even with the CAC approval.
Why we love it: A slightly better date Denver Mint Issue Lincoln Cent whose scarcity and desirability skyrockets in high-grade gem condition with full red surfaces. This red gem example possesses its complete original mint luster with solidly struck clear red surfaces without a hint of brown. Not only is the eye appeal nice for the grade but it is tied for the finest known among all red PCGS-graded examples.
Value: The PCGS Price Guide and the CPG Value are close, but CPG comes in just over a thousand higher with their respective estimates of $14,500 and $15,700 for this coin. Even with its desirable finest known gem grade and full red color, this better date D-Mint Lincoln Cent is being offered in this week’s auction reserved at just $14,000 even.
Why we love it: A gorgeous gem example of this popular 20th century Liberty Double Eagle issue. This coin displays incredibly lustrous and pristine surfaces possessing practically no contact marks to go along with lovely lightly toned golden coloring. The price point and eye appeal of this piece makes it the perfect CAC-approved gem type coin for this series.
Value: If you are willing to spend a fair amount to purchase arguably the most beautiful CAC approved MS65 Liberty Double Eagle type coin you’ll find on the market, then this is a perfect opportunity. This coin could have easily graded an MS66, which the PCGS Price Guide would value at $6,500 making the best price of $4,550 via Make Offer incredibly reasonable for this CAC approved stunner.
Why we love it: A popular, better date Carson City Mint Issue Morgan Dollar that is especially scarce in high-end gem condition. This stunning gem example features blast white surfaces across the coin along with a complete lack of notable blemishes and blazing luster making for gorgeous eye appeal. There is just one example of this of this much scarcer CC-Mint issue graded MS67 by PCGS and only six others with a plus grade added to the MS66.
Value: The CPG Value of this coin is set at $23,000 with the PCGS Price being a bit more generous coming in a couple thousand higher at $25,000. This gorgeous bright white, lustrous gem example of this popular, scarcer date CC-Mint Morgan is available in this week’s auction at just $21,250.
Why we love it: Matching toned gem proof sets are so difficult to come by as they are often torn apart for potential upgrades making sets such as this one here extremely desirable. All the coins represent their PCGS grades well, and all for the most part feature their own unique toning giving this rare proof set incredible overall eye appeal. The Indian Cent, Liberty Nickel and Morgan Dollar are all CAC approved.
Value: The PCGS Price Guide has this Proof Set valued at a combined $23,250. It is available via Make Offer for just $21,500! That is a fair discount of $1,750 off the PCGS Price Guide value for this rare, matching 6-piece Gem Proof Set even with half the coins being CAC approved!
Why we love it: A stunning ultra-gem example of this proof Franklin Half Dollar with a strong, gorgeous cameo housed in an Old Green Label Holder. The eye appeal of this coin is of the highest quality as its proof surfaces are practically completely blemish-free, which also justifies the CAC approval. It comes from a mintage of just 669,384 coins originally struck of both types.
Value: The PCGS Price Guide has this coin valued at $250. It is available for purchase at the fair price of just $275 via Make Offer. Coming in just above since the eye appeal, surfaces and CAC approval make it a strong candidate for an upgrade as its current holder shows it has been many years since it has been submitted. Modern day grading standards make a PR69CAM much within reach.
Why we love it: A popular Peace Dollar Issue that is known to be quite common making it an affordable and desirable type coin in gem level grades. This example is lightly toned mostly on the reverse with its full golden tint and as expected for the grade and issue displays perfect blazing luster. The eye appeal of this piece certainly does not disappoint.
Value: The PCGS Price Guide has this coin valued at $385. It is available for purchase at the reasonable price of just $350 via Make Offer. That is a $35 discount off the PCGS Price Guide value for this beautiful gem example of this popular Peace Dollar type coin.
Why we love it: A popular and scarce Type 2 Gold Dollar Issue housed in an Old NGC Holder. This attractive piece offers ideal eye appeal with its completely original yellow-gold color and strong luster. The lack of detracting marks and overall pristine surfaces make it a pleasing, high-end example of its MS63 grade.
Value: The PCGS Price Guide has this coin valued at $4,650 with the CPG Value coming in just a bit lower at $4,500. This lovely NCG-graded example of this scarce Type 2 Gold Dollar is available for nearly a thousand dollars below both price guide evaluations at just $3,750 through our Make Offer function.
Why we love it: A popular and desirable issue that commemorates the 200th anniversary of the famous frontiersman's birth. P, D and S-Mints were issued in '35, '36 and '38 but in ‘37 only D and S-Mints were issued, none at Philadelphia. This gem example displays both strong luster and faint complementary toning making for beautiful eye appeal. This Boone Commemorative issue comes from an extremely low mintage of just 5,005 coins originally struck.
Value: The PCGS Price Guide has this coin valued at $225. It is available for purchase at the reasonable price of just $175 via Make Offer. That is a solid $50 discount off the PCGS Price Guide value for this beautiful gem example of this popular Boone Commemorative piece from the Denver Mint.
Check out all of the available "Coins We Love" from past newsletters