Coins We Love - July 5
Happy 4th of July week from DLRC! The office is a little quiet due to yesterday’s holiday, but it’s a welcome change that allows us time to process all the great new customer consignments and Baltimore show purchases. July is also the only month of the year that we do not travel to a national show. So, if you need us, call us! We’ll be available to talk about your collection, our new inventory, the weekly auctions and anything else you have in mind.
This week’s CWL features a few new coins from Baltimore, and some pieces from our inventory that we found interesting. We hope that you find something to peak your interest from this week’s selection. If you do or just feel like chatting with us after viewing the items give us a call or just shoot us an email to let us know how we can help you!
Thanks again for viewing and have a great evening!
Sincerely,
Jason Smith and Your Friends at DLRC
Why we love it: This is simply the prettiest Mercury Dime we’ve ever handled here at DLRC. The eye appeal is unbelievable and truly captivating as its surfaces are completely free of blemishes and display gorgeous toning with blazing luster beneath it. This rainbow toning features lovely highlights of blue-green, magenta and gold covering the entire coin. This flawless ultra-gem is tied with four others for the finest known in existence graded by NGC in which only two others received an “NGC Star.” If any coin (classic or modern) deserved a truly perfect grade of MS70, this would be the piece!
Value: This is arguably the most beautiful Mercury Dime in existence with its near-perfect condition and incredible, one of a kind color, making it incomparable to any price guide. This piece has already met the reasonable reserve of just $9,975 in this week’s auction, which is a reasonable price point to add this immaculate gem to a high-end registry set or collection of any kind.
Why we love it: A scarce early half dime from the 18th century with plenty of luster. It features completely original surfaces with a light silver-gray tint on the obverse, which is complemented nicely by the light honey-brown on the reverse. This coin is truly high-end for the grade and possesses the kind of eye appeal that would back up that claim. There were approximately just 86,416 examples struck of this historic coin in which few have survived.
Value: The CPG value for this coin is at $8,880. It is available in this week’s auction with the reserve set reasonably at $7,500. That is a solid $1,380 discount off the PCGS Price Guide value for this attractive AU example of this popular and rare Half Dime type coin!
Why we love it: A scarce, later date in the Seated Quarter series that displays blast white, pristine surfaces. An amazing piece that defies reason as to how it has survived in such a state of preservation that belongs in the finest of collections. This Liberty Seated Quarter comes from a low mintage of just 14,400 coins struck in which this piece is not just tied with three others for the finest known but is also the only one with an “NGC Star” and the only “PL” example of the date.
Value: The PCGS Price Guide has this coin valued at $12,500 in a typical MS67 Holder. With the addition of a CAC Sticker and the NGC Star and most importantly, having the only PL Designation for the entire date, this piece is available just an additional $1,000. This scarce, stunning gem Seated Quarter is reserved at just $13,500 in this week’s auction!
Why we love it: A much tougher, later date in the Liberty Eagle series from the San Francisco Mint. This coin displays strong luster, lovely mint frosting and ideal deep golden coloring that all combine for gorgeous eye appeal. This Liberty Eagle issue comes from a moderately low mintage of just 369,250 coins struck in which only four are graded finer by PCGS.
Value: The PCGS Price Guide sits at $5,000, but this coin is available for purchase via Make Offer for the reasonably low amount of $3,400. That is a sizeable discount off the PCGS Price Guide value for this beautiful example of an underrated 20th century issue from the legendary collection of David Hall.
Why we love it: A beautifully orange-peel toned example of this much tougher date CC-Mint Double Eagle. The incredible amounts of luster and limited number of detracting blemishes make this piece appear quite high-end for the grade and attribute greatly to its stunning eye appeal. This piece comes from an impressively low mintage of just 111,151 coins originally struck.
Value: The CPG value for this coin is $14,500 and the PCGS Price Guide comes in at the same amount. It is available in this week’s auction with the reserve set at just $12,750. That is an entire $1,750 discount off both price guides for this scarce and popular CC-Mint Double Eagle!
Why we love it: A true registry-quality gem example of this popular and desirable CC-Mint Issue Morgan that starts to become quite scarce in this high grade. The coin’s pristine surfaces, lovely color and underlying luster make for incredible eye appeal. The toning features rainbow highlights on the obverse and a pretty peach-colored reverse. There is only one example of this Carson City minted Morgan Dollar Issue that was graded finer by PCGS.
Value: The CPG lists this piece at $6,880 with the PCGS Price Guide at $7,500 and it is available for purchase via Make Offer for just $5,250. An excellent value for this beautifully toned ultra-gem example of this popular Carson City Morgan Dollar!
Why we love it: This is a rare opportunity to acquire this scarce Panama-Pacific Round in nearly gem condition as this example is probably the nicest MS64 you’ll find. The surfaces and coloring are completely original and pristine creating nice eye appeal. These seem to be much tougher to come across than the Octagonal of the same issue. This Gold Commemorative issue comes from an extremely low mintage of just 483 coins struck.
Value: The CPG value for this coin is placed accurately right at $133,100. It is available in this week’s auction with the reserve set close to the CPG Value at $133,000 even. This arguably under-graded CAC approved near-gem example is priced fairly and is ready to be made part of quite an impressive collection!
Why we love it: A stunning ultra-gem example of the first year of issue for the revised reverse design Buffalo Nickels. This coin was well-struck with incredibly lustrous, bright white surfaces that feature a light tint of toning that is most noticeable on the reverse. This immaculate piece is tied with quite a few others for the finest known in existence graded by PCGS in which none exist in MS68.
Value: The CPG lists this ultra-gem at $6,250 with the PCGS Price Guide at $6,500. It is available for purchase via Make Offer for the low amount of just $5,000. That is a solid $1,250 discount off the CPG Value and an even better $1,500 discount off the PCGS Price Guide for this gorgeous first year of issue Buffalo Nickel type coin!
Why we love it: A lot of ten earlier, near-gem full bell line Franklin Half Dollar type coins. All ten coins feature clear full bell lines and well-struck devices with sharp detail. This is a fantastic chance to obtain these attractive Franklin Halves that display incredible luster across the board for a reasonable price.
Value: The PCGS Price Guide has this lot of ten coins valued at a combined $520; however, this group is available for purchase at the low price of just $350 via Make Offer. That is $220 off the PCGS Price Guide value for this set of ten near-gem Franklin Half Dollar type coins!
Why we love it: A intriguing lot of five stunning, lustrous gem Franklin Half Dollar type coins. All the pieces display pristine mostly white gem surfaces that feature well-struck devices, few blemishes and strong luster. This is a great opportunity to acquire these attractive Franklin Halves for a fair price.
Value: The PCGS Price Guide reflects a combined value of $125 for this lot. The group is available for purchase at the fair price of just $100 via Make Offer.
Why we love it: An affordable yet stunning ultra-gem proof Franklin Half Dollar. The eye appeal of this coin is of high-quality as its proof surfaces are nearly blemish-free and absolutely blast white.
Value: Offered via Make Offer for $30, this example has a PCGS Price Guide of $42 and a CPG Price of $47. It’s an excellent price for this super flashy, pristine ultra-gem example of this affordable proof Franklin Half Dollar!
Why we love it: The 1881-S Morgan Dollar is a common date in one of the most popular series among U.S. coins. An affordable yet desirable date within the series that is quite popular among collectors in gem grades, this example displays bright white surfaces that feature few blemishes and incredibly strong luster.
Value: The PCGS Price Guide has this coin valued at $240 and is available via Make Offer for just $200. That is a $40 discount off the PCGS Price Guide value for this pretty gem example of this popular S-Mint Issue Morgan Dollar!
Why we love it: A lovely design choice by the U.S. Mint to represent the Modern Gold Eagles. This nearly perfect example here is the one of the $5 denominations and therefore represents one tenth of an ounce of gold.
Value: Offered via Make Offer for $140, this near-perfect $5 Gold Eagle has a PCGS Price Guide value of $170. That is a fair amount for this beautifully designed, certified gold bullion offering.
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