Coins We Love - May 3
This week at DLRC is another time of recovery from the Central States Show, and a chance for us to catch-up with packages in the office. Morgan Dollars seem to be the item of choice to sell this week as we’ve bought a few collections of those that will be coming to our upcoming auctions. Also, we’ve had a plethora of cheaper (under $250) items that we have been plugging through, so please check out our new listings of Collector Coins here as we’ve literally added hundreds this week. Please keep the packages coming as this is the lifeblood of how we come up with some of the “freshest” and and widest varieties of coins in the business!
Thanks again for reading our short musings this week. Next week will be bringing us 80-90 degree temperatures, and we’re looking forward to a little bit of sunshine!
Sincerely,
John Brush and Your Friends at DLRC
Why we love it: High Reliefs have always been highly desirable by collectors and investors alike. Not only for their value potential and unique one-year type of design, but because of their artistic beauty. Designed by Augustus Saint-Gaudens, one of the world’s most famous sculptors, the coin is an absolutely beautiful piece and has long been a popular item in the mainstream world. However, unbeknownst to non-gold specialists, the Flat Rim issue is far more difficult to locate than the Wire Edge example. We were able to partner on two MS62 pieces this week, which excited us as the potential for these issues has long been something that we’ve known, but it’s generally ignored by numismatists and dealers alike.
Value: With a PCGS Price Guide of $19,000 and a CPG list of $20,700, we’re offering these for just $17,750 with payment via check this week. It’s a fantastic value for a great sleeper of a date!
Why we love it: A much better date Liberty Half Eagle from the San Francisco Mint. This coin displays extremely evident remaining luster which, combined with its gorgeous coloring and pretty rose tints, make for premium eye appeal. This Scarce Half Eagle Issue comes from a low, original mintage of just 17,000 coins struck in which only three are graded finer by NGC.
Value: The PCGS Price Guide has this coin valued at $10,000. It is available in this week’s auction with the reserve set at the low and reasonable amount of just $9,000. As a sleeper date in the series with such a low mintage, we view this high-quality, fresh to the market piece is an excellent value!
Why we love it: A famous numismatic rarity that does not come up in auction often, especially with CAC approval. Fresh to the market, from a vest-pocket dealer in the mid-west, this much more affordable example features attractive, completely original coloring and even wear, making it seem high-end for the assigned grade. This Rare Bust Half Issue comes from an incredibly low, original mintage of only 3,918 coins struck.
Value: The PCGS Price Guide reflects a value of $42,000 and comes close to $50,000 in value at the VG level. This CAC approved example is available in this week’s auction with the reserve set at the reasonable amount of just $44,000 in this week’s auction for this arguably under-graded example of this famous Draped Bust Half rarity!
Why we love it: A popular and desirable Draped Bust Half Dollar type coin of the Pointed 6, Stems variety. This coin displays deeply toned, well-struck surfaces that show subtle signs of wear. These characteristics make this piece seem nearly under-graded as proven by its well-deserved CAC approval.
Value: The PCGS Price Guide Value for this coin at the AU level ranges from $3,500 all the way up to $7,000. This high-end, CAC approved example is available for purchase at the reasonable amount of just $4,500 via Make Offer! That is a fair price for this high quality example of this incredibly popular Bust Half type coin!
Why we love it: A scarcer San Francisco Mint Issue Indian Eagle that displays plenty of strong luster and bright golden surfaces. The eye appeal of this near-gem is stunning as it displays nearly no detracting blemishes. This Better Date Indian Eagle Issue comes from a much lower mintage for the issue of just 292,350 coins struck.
Value: The PCGS Price Guide has this coin valued at $11,000; however, it is available in this week’s auction with a reserve of just $10,500. That is $500 below the PCGS Price Guide value for this near-gem better date S-Mint Indian Eagle even with CAC approval!
Why we love it: A desirable Denver Mint Issue Washington Quarter that is widely known as the scarcest date in the business strike set. This beautiful gem example displays lightly toned, lustrous surfaces with premium eye appeal. This Key Date Washington Quarter comes from a moderately low mintage for the issue of just 436,800 coins struck in which only two are graded finer by PCGS.
Value: High-end CAC examples scarcely trade, thus the price guides lag in pricing for the higher quality pieces. However, we view this as an ideal grade to collect as the coins simply do not exist in higher grades without paying ten times more! This high-end, CAC approved example is available in this week’s auction with the reserve set at just $9,500. With only two pieces graded finer, this arguably under-graded Key Date Washington Quarter is sure to go quickly in our auction.
Why we love it: A slightly better date San Francisco Mint Issue Lincoln Cent that becomes especially scarce with full red color. This lovely gem displays rich, red tones and beautiful luster that make for nice eye appeal. This better date Lincoln Cent Issue is tied for the finest known in existence graded by PCGS with the Red color designation.
Value: The PCGS Price Guide reflects a value of $7,750. It is available for purchase at the low price of just $6,000 via Make Offer! That is an entire $1,750 below the PCGS Price Guide value for this beautiful red gem example of this scarcer S-Mint Lincoln Cent Issue!
Why we love it: A better date San Francisco Mint Issue Lincoln Cent that becomes especially scarce with full red color in gem condition. This gorgeous, bright red gem displays strong luster and few blemishes that make for ideal eye appeal. This Better Date Lincoln Cent Issue is tied for the finest known in existence graded by PCGS with the Red color designation.
Value: Only a single coin is graded finer by both services combined, and with the CPG at $10,800 and the PCGS Price Guide valued at $10,000, we think that it is an excellent value at just $8,750 via Make Offer. In fact, this date was selling for well over $12,000 just a few years ago in auctions!
Why we love it: A popular near-gem Full Bell Lines Franklin Half Dollar type coin housed in the Retro OGH 30th Anniversary Holder. This bright white beauty displays incredible amounts of blazing luster that, along with its well-struck surfaces, make for premium eye appeal. We also have a multitude of other dates in the Franklin series, so please don’t hesitate to check those out here. Also, if you’re looking for better prices, contact us for quantity discounts at coins@davidlawrence.com.
Value: The PCGS Price Guide sits at $250, but this stunning near-gem Full Bell Line Franklin is available via Make Offer for the reasonable price of just $225!
Why we love it: An affordable lot of ten first year of issue Kennedy Half Dollars that all come in beautiful gem condition graded by PCGS. These bright white coins all feature immaculate nearly blemish-free surfaces that are covered in incredible luster that create ideal eye appeal.
Value: The PCGS Price Guide has this lot of ten coins valued at a combined $400. The group is available for purchase at the fair and much lower price of just $275 for our CWL special via Make Offer!
Why we love it: This desirable Commemorative displays incredibly lustrous, pristine gem surfaces with stunning golden toning featuring rose highlights. This Popular Commemorative Issue comes from a low, original mintage of only 12,012 coins struck.
Value: The PCGS Price Guide reflects a value of $275. It is available for purchase at the fair and reasonable price of just $240 via Make Offer! That is a $35 discount off the PCGS Price Guide value for this attractively toned, gem 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