Number 78
June 5, 1981
$1.75
Inventory Selections
□ Examining Lincoln Cents □ World Coin Update □June Offerings
World's Largest Rare Coin Dealer
New England Rare Coin Galleries'
New England Rare Coin Galleries
New England Rare Coin Galleries
Welcome to Inventory Selections, the monthly numismatic catalog of New England Rare Coin Galleries. With conveniently-located offices worldwide and a staff of more than 150 profes¬ sionals to serve your needs, New England Rare Coin Galleries is the world’s largest rare coin dealer. Every rare coin we offer is fully guaranteed for authenticity and grading accuracy. Every member of our numismatic staff is a leader in his or her field, ready to aid you in all your collecting endeavors. And for your every numismatic need, New England Rare Coin Galleries has specialized divisions organized to serve you quickly and effi¬ ciently, including:
□ U.S. rare coins: Our U.S. rare coin divi¬ sion offers collectors the largest selection of high-quality U.S. rare coins in the world. A sampling of that selection can be found in this catalog, but for your specific needs, call our U.S. rare coin division toll-free.
□ Ancient &. world coins: New England is a leader in the world coin market, offering collectors a wide selection of today’s finest world coinage through our bi-monthly world coin catalog, New England World Selec¬ tions. For a free subscription to New England World Selections, write to us, or call toll-free.
□ Rare coin auctions: New England Rare Coin Auctions, our auction division, is a major force in today’s numismatic auction marketplace, offering you the opportunity to sell your rare coins at prestigious and profit¬ able public sales. For complete information on the advantages of selling through New England Rare Coin Auctions, call our Consignment Administrator, Bruce Laing, toll-free.
□ Rare coin purchasing: If you prefer to sell your rare coins directly, send them by in¬ sured, registered mail to our purchasing divi¬ sion. Or call our Purchasing Manager, Chris Hrynyshyn, for more information. Our pur¬ chasing prices are among the highest in the numismatic field.
To contact any New England Rare Coin Galleries service division, call toll-free: 800-225-6794. Or contact any of our local offices listed on the back cover of this catalog.
Using This Catalog
Inventory Selections is a monthly sampler of high-quality rare coin offerings from New England Rare Coin Galleries. In addition to the rare coins listed herein, New England has hundreds more superb numismatic collectibles to offer you. If you do not see the coins you are looking for in this catalog, please give us a call.
The offerings in this catalog were accurate as of the date on our front cover, but because of the ac¬ tivity in today’s numismatic marketplace, some coins herein may have been sold, or their prices may have changed, by the time this catalog reaches you. If you have any questions on our of¬ ferings, call us toll-free. For complete ordering in¬ formation, see our inside back cover.
Inventory Selections Contents
From the Editor
If you read Inventory Selections each month, you’re probably a very special kind of rare coin collector. Not every rare coin enthusiast has enough familiarity with rare coinage to comfort¬ ably select rare coins from our extensive listings. And not every rare coin investor has the financial flexibility to purchase high-grade coinage on a monthly basis.
This is why, if you have a friend who likes rare coins but has limited numismatic knowledge or financial freedom, he may want to know about New England Rare Coin Galleries’ newest numismatic service. We call this service “The Rare Coin Guild,” and it represents yet another way in which New England is reaching out to the entire collector/investor community.
Basically, The Rare Coin Guild offers individuals with limited numismatic knowledge and/ or finan¬ cial resources a convenient and inexpensive way to acquire valuable rare coins. The Guild does this by offering three coin collecting programs: the Silver Dollar Program; the Twentieth Century Coin Pro¬ gram; and the Diversified Investment Program. In¬ dividuals who enroll in these programs can, for as little as $100 per month, receive quality specimens of rare coinage specially selected by New England numismatists on a regular, monthly basis. In addi¬ tion, Guild members will receive a monthly newsletter discussing the financial and historic merits of rare coins, and New England’s written guarantee of grading and authenticity for each coin they purchase. The Rare Coin Guild thus represents a convenient and inexpensive way for beginning collectors or collectors of limited means to acquire valuable rare coins, intriguing rare coin information, and guaranteed numismatic service.
If you know an individual who’s just beginning his coin collecting career, or a long-time collector with limited financial flexibility, tell him about New England Rare Coin Galleries’ Rare Coin Guild. And, for complete information about the Guild, have him write to us: The Rare Coin Guild, c/ o New England Rare Coin Galleries, 89 Devonshire Street, Boston, Massachusetts 02109.
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Gregory P. Potter
Editor, Inventory Selections
Inventory Selections
Inventory Selections is published each month by New England Rare Coin Galleries, 89 Devonshire Street, Boston, Massachusetts 02109. Single copy price: $1.75. Yearly subscription: $10.00. All coins are subject to prior sale. All prices are subject to change without notice. To contact New England Rare Coin Galleries toll-free from anywhere in the continental United States: 800-225-6794.
Table of Contents
4 . . . Market Report
Summary of coin market activity during May
5 . . . Portrait of a President
Analysis of the Lincoln Cent series
7. . . New England’s June Offerings
A wide selection of high-quality U.S. Rare Coins, U.S. Currency and Ancient and World Coins
29. . .World Coin Update
A market currently experiencing out¬ standing growth
The Lincoln Cent was introduced, in 1 909 to commemorate the 100th anniversary of President Abraham Lincoln's birth. It was the first regular-issue U.S. coin to bear the portrait of a famous American. (Cover photograph by Bruce Anderson & Carol Herman.)
3
Market Report
Market Report
by Tim LaPointe
At the shows
An upbeat, optimistic attitude dominated numismatic circles during the past few weeks as the market showed further signs of strengthening. Trading activity was brisk at coin conventions, and the demand for high-quality specimens was on the rise. Both dealers and collectors were willing to stretch their buying prices for top material, which is often an early indicator of a general increase in market price levels.
Attendance was impressive at the American Israeli Numismatic Association convention and the Texas Numismatic Association convention. Both events were held April 30-May 3, which slightly reduced buying activity. The Georgia Numismatic Association convention, held May 14-17, was ex¬ tremely well attended with buyers paying well over bid level for many pieces. Several Want Lists in¬ cluded Commemorative Half Dollars, Uncirculated Gold issues, Uncirculated Silver Dollars and key- date Lincoln Cents.
Gold
Gold bullion is still hovering at the $482 level, a drop of only $3 since our May report. Bullion- related items, such as Maple Leafs and Krug- gerands, have shown similar price changes. In the collectible coin area, dealers are paying substantial premiums for Uncirculated Type Gold. Several issues, such as the Liberty Head Quarter Eagle, Liberty Head Half Eagle and Indian Head Eagle, appear to be undervalued and on the verge of fur¬ ther price advances. Better-date St. Gaudens Dou¬ ble Eagles are also trading comfortably, as are all issues from the Charlotte and Dahlonega mints. California Gold still dominates several Want Lists, with collectors snapping up some of the tough varieties available on the market.
Silver
Silver bullion dropped less than 25c, settling at the $10.95 level. Better-date BU Silver Dollar rolls re¬ main in the forefront of the collectible coin area, with the 1883-0, 1884-0 and 1885-0 issues still leading the way. Better-date Uncirculated and Cir¬ culated silver dollars are getting strong buyer atten¬ tion, particularly San Francisco and Carson City
Mint issues. At a recent coin convention, New England Rare Coin Galleries bought an 1887-0 Morgan Dollar in Prooflike condition for $2,500, then immediately resold the coin to another dealer for $3,000. Accurately graded “Full Band” Mercury Dimes are holding steady, while BU rolls of Franklin Half Dollars are beginning to see a moderate price increase. Walking Liberty Half Dollars, which were trading above bid levels, have taken a slight dip in price.
Commemoratives
The commemorative silver market has become volatile, with bid levels for most issues fluctuating on a daily basis. But the overall trend is upward and most strictly graded MS-65 specimens are commanding impressive premiums. The Daniel Boone Bicentennial Half Dollar and the Texas Centennial Half Dollar are leading the way in price advances. Though commemoratives are ap¬ pearing on an increasing number of Want Lists, selling lists are still shrinking. Apparently many collectors and dealers are taking a wait-and-see stand until the market settles somewhat. Most gold commemoratives continue to trade hands just above bid levels.
Copper
Lincoln Cents from the 1910 to 1920 era are gaining in popularity, particularly issues struck at the Denver and San Francisco mints. Buyers are still willing to pay substantial premiums for ge¬ nuine rarities. For example, a 1922 “Plain” in MS-65, Brilliant condition was sold recently in the $20,000 range, which many market analysts con¬ sider a record price level. Early Half Cents and Large Cents are registering noticeable advances, while Uncirculated Indian Head Cents are still ac¬ tively being sought. Most issues of circulated cop¬ per are trading comfortably at bid levels.
Currency
As reported last month, the currency market con¬ tinues to show slight upward price movement. However, it is difficult to determine whether this rebounding activity is a short-term price increase, or the first step in a long-term rise in prices. Later this month, at the 81st International Paper Money Show in Memphis, Tennessee, buying prices will act as a barometer of future market developments.
(Continued on page 30)
4
Lincoln Cents
The Lincoln Cent: Portrait Of A President
_ by Ann Marie Reis
he Lincoln Cent series, the longest running series in the history of U.S. coinage, is often referred to as the cornerstone of American numismatics. Many of today’s most sophisticated collectors began their collecting careers by attempting to fill department store coin folders with circulated specimens of Lincoln Cents. Novices found it relatively easy to assemble a nearly-complete date and mintmark set from coins in circulation. Once introduced to the hobby, many beginners moved on to collect more valuable numismatic rarities.
A large number of these hobbyists remained faithful to the Lincoln Cent series, which is evidenced by the fact that Uncirculated “original” mint red specimens of many issues are trading at record price levels. Collectors and investors alike have come to realize both the numismatic merit and financial potential of high-quality Lincoln Cents, particularly pre-1934 issues.
The Lincoln Cent, introduced in 1909 to com¬ memorate the 100th anniversary of President Abraham Lincoln’s birth, was the first regular-issue U.S. coin to bear the portrait of a famous American. At this time, public sentiment sur¬ rounding the Lincoln centennial outweighed the long-standing prejudice against using a portrait on a coin. Even President Theodore Roosevelt favored the idea of a “Lincoln coin” when it was brought to his attention by artist Victor D. Brenner. One other factor contributed to this change. A com¬ memorative stamp honoring Lincoln was to be issued in 1909, and coin collectors supported a similar expression on a coin. However, they wanted it to be a business strike, rather than a commemorative coin which would see limited cir¬ culation.
At that time, only the Indian Head Cent and Liberty Head Nickel were eligible for design changes, because federal law stated that the life span of a coin design had to be at least 25 years. Since the Indian Head design had been in ex¬ istence since 1859, mint officials decided the time was right for a design change.
Once the denomination was determined, President Roosevelt immediately commissioned Brenner for the project without inviting any other artists to participate. Roosevelt had met Brenner the year before, while posing for the Roosevelt-Panama Canal Medal. He was shown a plaque of Lincoln, which Brenner had already completed for the 100th anniversary celebration. Roosevelt was quite impressed with the portrait and decided that, with minor modifications, the design could be used on the new cent. There was little doubt that Brenner was eminently qualified for the commission. His reputation as a sculptor-medalist was already well established, since he had studied under Roty in France and had exhibited in Paris, London and Berlin.
Within weeks, Brenner had modified his plaque design. In his own words, he described the revised portrait as “. . . more intimate, deeper, more kind and personal. It is closer to the man; it makes you feel that you are sitting with him in his library.”
5
Lincoln Cents
Meanwhile, Brenner was asked to come up with a reverse design for the cent. He surprised Mint of¬ ficials by brazenly submitting a copy of a standing figure of Liberty taken from the obverse of the French two-franc piece. After returning to the drawing board, Brenner came up with a suitable design of a single wheat ear on either side of the denomination. Mint officials were pleased with the simplicity of this new design.
The original sketches of the Lincoln Cent design included the artists name “BRENNER” on the reverse. However, officials thought the name was too prominent, so the initials “VDB” were substituted when the dies were engraved for the coin. Another last-minute change was the addition of the words, “IN GOD WE TRUST.” President Taft, Roosevelt’s successor, insisted that the motto appear on the coin. It is interesting to note that Congress authorized the use of this expression on coinage on March 3, 1865, during Lincoln’s tenure of office. The 1909 issue marked the first time that “IN GOD WE TRUST,” and the word “LIBER¬ TY” appeared on a one cent piece.
The popular 1909-S VDB issue
More than 25,000,000 cents were struck at the Philadelphia Mint before being released for general circulation on August 2, 1909. The initial demand for the coins was spectacular and the Mint was forced to limit two per customer. Newsboys sold them at two for five cents. Within a few days, however, the coin was denounced. Some argued that the size was too thick for vending machines. Most objections revolved around the fact that Brenner’s initials were too visible and detracted from the design.
As the artist described the situation in a letter to numismatist Farran Zerbe: “Much fume has been made about my initials as means of advertise¬ ment; such is not the case. The very talk the in¬ itials has brought out has done more good for Numismatics than it could do me personally.”
The Secretary of the Treasury yielded to the storm of protests against the cent and ordered produc¬ tion stopped. Because any letter change required a two-week shutdown, Mint officials decided to remove the initials entirely and coinage was re¬ sumed within a few days. During this confusion, the San Francisco Mint had begun producing the VDB issue and 484,000 1909-S VDB cents were struck before mintage was interrupted. Coins from this issue have become the single most popular
items of the entire Lincoln Cent series and MS-65 specimens are today valued at about $2,000.
When the revised coins without Brenner’s initials were released, the public protested once again. Many people believed that an identifying mark was an artist’s just reward. But the initials were not restored until the 1918 issue, when they were inconspicuously placed at the truncation of the bust of Lincoln. The letters are so tiny that a magnifying glass is needed and the coin must be viewed at an angle.
The Lincoln Cent was initially comprised of 95% copper and 5% tin and zinc, an alloy that re¬ mained unchanged for 33 years. During the height of World War II, there was a copper shortage and the Mint was forced to seek a substitute. After reviewing several alternatives, including plastic, the federal government decided that zinc-coated steel was the best option. Thus, the 1943 Lincoln Cent was made of a low-grade carbon steel with a thin zinc coating to prevent corrosion. The size of the coin remained the same, but the weight was re¬ duced slightly because of the lighter alloy. It is esti¬ mated that the copper released from production that year was enough to supply U.S. field guns with 1 lA million shells.
Sometime that year, an unknown number of bronze Lincoln Cents, dated 1943, were struck by the Mint. Although Mint officials officially deny their existence, several specimens have been traded both publically and privately since 1943. It is generally believed that bronze blanks from the 1942 issue somehow found their way to the press during the striking of the 1943 “steel” cents. As R.S. Yeoman states in A Guide Book of United States Coins: “No bronze cents were officially issued in 1943. A few specimens struck on bronze planchets by error are known to exist.”
In 1944, the Mint began using expended shell cases for the cent. Because tin was eliminated from the alloy, the color was slightly different for Uncir¬ culated specimens. In virtually every other respect, however, the coin was identical to the 1918-1942
(Continued on page 27)
6
U.S. Rare Coins
_ Grading _
Our grading system is patterned after that of the American Numismatic Association’s numerical grading standards. Where appropriate for greatest accuracy, additional intermediate grades are also used. Our designations are:
U.S. Rare Coins
The following is just a sample of New England’s superb U.S. coin inventory. For ordering informa¬ tion, see our inside back cover. Or call toll-free:
800-225-6794.
Poor .
Fair .
About Good .
Good .
Very Good .
Fine .
Very Fine .
Extremely Fine .
About Uncirculated
Mint State .
Proof .
. 1
. 2
. 3
. 4,6
. 8,10
. 12,15
. 20,25,30,35
. 40,45
. 50,53,55,58
60,63,64,65,66,67,68,69,70
60,63,64,65,66,67,68,69,70
Slash grades indicate obverse/ reverse designations. For example, a grade of MS-65/63 describes a coin with an obverse of Mint State-65 and a reverse of Mint State-63. Mishandled Proofs will be graded as any circulated coin, and may be classified as Proof-40 (denoting an Extremely Fine coin) or Proof-55, etc.
_ Guarantees
Each time you order rare coins from New England Rare Coin Galleries, we will present you with these guarantees in writing :
We guarantee that coins purchased from us are graded correctly and will meet our high standards when you wish to sell them. Further, we guarantee to sell these coins for you at auction cataloged at the same grade at which you purchased them pro¬ vided that the coins have not been mishandled while in your care. You may also offer them to our Purchasing Department for direct sale at prevailing market prices for coins of the same grade, subject to Qur current inventory needs.
We further guarantee the authenticity of all coins listed. As proof of our certainty that no counterfeit or altered coin can escape our attention, we will guarantee to refund full purchase price plus 20% interest compounded per year on any non- authentic coin sold by NERCG.
If, for any reason, you are not satisfied with your purchases, you may return them within 45 days of that date you received them for a full refund or replacement.
Colonial Coinage
GEORGIUS TRIUMPHO TOKEN, 1783, EF-40. .
....-• . 575.00
HIBERNIA FARTHING, 1723 DEI. GRATIA.
REX., AU-55. RIGHT VERDIGRIS . 250.00
KENTUCKY TOKEN, (1792-4), Plain Edge,
MS-63, PROOFLIKE . 2,450.00
MOTT TOKEN, 1789, FINE-12 . 375.00
NEW JERSEY COPPER, 1787, EF-45. Slight
OAK TREE TWOPENCE, (1662), VF-25. Reverse
struck 15% off center . 2,450.00
ST. PATRICK "FARTHING", VF-20 . 550.00
VIRGINIA HALF PENNY, 1773 PERIOD AFTER GEORGIUS, MS-65. VIRTUALLY
FULL MINT RED, Pg. 22 . 2,750.00
WASHINGTON CENT, LETTERED EDGES, 1791, SMALL EAGLE., MS-63, TONED
PROOFLIKE . 3,500.00
WASHINGTON LIBERTY AND SECURITY PENNY, AU-58, PROOFLIKE. UNDATED (1795). Red and brown toning, pg.55. . . . 1,350.00 WASHINGTON LIBERTY AND SECURITY
PENNY, MS-60. Traces of mint red. Pg. 55 .
. 2,850.00
1776 CONTINENTAL DOLLAR, PEWTER,
VF-35 (p.30). (See color photo.) . 6,750.00
1787 FUGIO CENT, UNITED STATES AT SIDES, MS-63, RED & BROWN. (See color photo.) . 1,750.00
Half Cents
1794, VF-30. A choice coin, even though slightly dark
and porous.(See color photo.) . 1,1 50.00
1800, MS-63, BROWN . 1,225.00
1804 SPIKED CHIN, MS-63, RED & BROWN. Strict¬ ly original. The finest we've seen . 4, 950.00
1809 NORMAL DATE, MS-60, TONED . 490.00
7
U.S. Rare Coins
1828 13 STARS, MS-65, BRILLIANT VIRTUALLY FULL MINT RED. Slightest mellowing of color on
the high points . 2,500.00
1835, MS-63, TONED . 570.00
1851, MS-63, RED &. BROWN . 570.00
1855, MS-65, RED & BROWN . 1,560.00
1856, MS-63, TONED, PROOFLIKE . 570.00
1857, MS-63, TONED, PROOFLIKE . 570.00
Large Cents
1803 SMALL DATE LARGE FRACTION, MS-65. Lustrous brown with traces of red, perfect sur¬ faces. A jewel. (See color photo.) . 21,500.00
1817 13 STARS, MS-64, RED & BROWN . . . . 810.00
1818, MS-65, RED &. BROWN . 1,500.00
1835 HEAD OF 1836, MS-63, BROWN .... 1 ,000.00
1838, MS-65, RED &. BROWN . 1,500.00
1840 LARGE DATE, MS-63, SCARCE RED AND
BROWN . 790.00
1841, MS-63, SCARCE RED AND BROWN . . 790.00
1846 SMALL DATE, MS-63, RED & BROWN .
. 655.00
1847, MS-64, RED &c BROWN . 700.00
1849, MS-63, TONED. Traces of mint red. Iridescent
steel-blue toned . 655.00
1850, MS-64, RED & BROWN . 700.00
1851/81, MS-60 . 450.00
1853, MS-67, BRILLIANT . 4,330.00
1854, MS-63, RED & BROWN . 525.00
1856 SLANT-5, MS-63, DIPPED. (See color photo.). .
. 420.00
Flying Eagle Cents
1857, MS-63 Medium chestnut toned.(See color photo.). . 790.00
Indian Cents
Note: All copper-nickel cents with full diamonds and complete feather tips have been noted.
1859, MS-67, FULL STRIKE. (See color photo.) .
. 2,575.00
1860, MS-65, TONED. 4 full diamonds <Sc complete
feathers . 1,275.00
1861, MS-64, FULL STRIKE. 4 Full diamonds and
feathers . 830.00
1862, MS-65 4 full diamonds . 1,065.00
1863, MS-65 . 1,065.00
1864 COPPER-NICKEL, MS-63, FULL STRIKE. . .
. 495.00
1864 BRONZE, MS-65, FULL STRIKE. (See color
photo.) . 280.00
1864-L, MS-63, BRILLIANT. Interesting
Double Date . 995.00
1865, MS-65, RED & BROWN . 260.00
1866, MS-67, BRILLIANT. Attractive golden-brown
with some violet-red hues . 2,250.00
1866 RECUT 6, MS-65, RED & BROWN .... 995.00
MS-65, BRILLIANT . 1,450.00
1867/7, MS-64, BRILLIANT. An interesting variety. The first 67 struck were punched too lightly, then punched correctly, but a tad lower. This resulted in a 67 over 67. Full diamonds and feather tips with blazing orange-copper toning puts this coin in a class of its own. Original early copper coins, whether Indian Cents or Lincolns etc., are scarce today. Most have been dipped, cleaned or tampered with in some way . 1,150.00
1868, MS-67, BRILLIANT, FULL STRIKE . . 2,250.00
1869, PROOF-65, BRILLIANT . 1 ,750.00
1869/8, MS-67, BRILLIANT FULL STRIKE. A
stunning fully brilliant and lustrous coin. Rich orangish-red, golden toning highlight this superior piece. Obverse is void of carbon spots and flyspecks. Reverse has one tiny (barely noticable) carbon spot at 11 o'clock between rim and wreath. The finest specimen we’ve offered in years . 5,750.00
1870, MS-65, BRILLIANT. With red and golden
toning . 1,600.00
1871, MS-67, BRILLIANT, FULL STRIKE. Golden- orange toning with red contrasts. A superior coin . 2,750.00
1872, MS-65, FULL STRIKE, MOSTLY BRILLIANT. An underrated and very elusive date, especially in
mint state . 1,150.00
1873 CLOSED 3, PROOF-63, TONED . 650.00
1873 OPEN 3, MS-65, BRILLIANT . 995.00
1874, MS-65, BRILLIANT PROOFLIKE .... 1 , 100.00
8
U.S. Rare Coins
1875, MS-65, RED & BROWN . 695.00
PROOF-64, TONED . 750.00
1876, PROOF-63, TONED . 550.00
1877, MS-63, RED & BROWN. Key date to this
popular series. (See color photo.) . 2,750.00
1878, MS-67, BRILLIANT . 1, 950.00
1879, MS-63. Almost maroon . 120.00
1880, MS-65, RED & BROWN . 235.00
1881, MS-65 , RED & BROWN . 23 5 .00
1882, MS-65, RED & BROWN . 235.00
1883, MS-65, RED & BROWN . 225.00
1884, MS-65, BRILLIANT . 640.00
1885, MS-63, RED & BROWN . 1 10.00
1886 VARIETY 1, MS-65, RED <Sc BROWN . . 235.00 1886 VARIETY 2, PROOF-63, TONED . 275.00
1887, MS*65, TONED . 225.00
1888, MS-63, RED &c BROWN . 80.00
1889, PROOF-65, TONED . 625.00
1890, MS-65, RED & BROWN . 225.00
1891, PROOF-60, BRILLIANT . 250.00
1892, MS-65, RED & BROWN . 225.00
1893, MS-65, RED & BROWN . 185.00
1894, MS-65, TONED . 270.00
1894, PROOF-63, TONED . 275.00
1895, MS-65, RED & BROWN . 185.00
1896, MS-63, RED & BROWN . 65.00
1897, MS-67, RED & BROWN . 260.00
1898, PROOF-65, TONED. Iridescent red-violet
toning with golden overtones . 625.00
1899, MS-65, RED & BROWN . 185.00
1900, MS-65, RED & BROWN . 185.00
PROOF-64, BRILLIANT . 625.00
1901, MS-65, RED & BROWN . 185.00
1902, MS-65, RED & BROWN . 185.00
1903, MS-65, RED & BROWN . 185.00
1904, MS-65, BRILLIANT . 425.00
1905, MS-65, RED & BROWN . 185.00
1906, MS-65, BRILLIANT . 425.00
1907, MS-65, TONED . 185.00
1908, MS-65, RED & BROWN . 185.00
1909, MS-63, RED & BROWN . 75.00
1909-S, MS-65, BRILLIANT . 2,450.00
Lincoln Cents
1909, MATTE PROOF-63, TONED . 475.00
1909-S, MS-65, BRILLIANT, FULL STRIKE. . . . 750.00
1909-S, VDB, MS-64, RED & BROWN. Popular key date to Lincoln series.(See color photo.) ... 1,1 50.00
1909- VDB, MATTE PROOF-67, BRILLIANT. Vastly
underrated.(See color photo.) . 5,750.00
1910, MS-68, BRILLIANT. Orange and red with violet toning . 225.00
MATTE PROOF-63, TONED . 495.00
1910- S, MS-65, BRILLIANT . 495.00
19 11- D, MS-65, BRILLIANT . 525.00
1912, MATTE PROOF-64, TONED. Medium orange
and red-brown toning . 695.00
1912- D, MS-65, BRILLIANT . 495.00
1912- S, MS-65, RED &c BROWN . 275.00
1913, MS-63, BRILLIANT . 50.00
1913, MATTE PROOF-65, TONED . 895.00
191 3- D, MS-67, BRILLIANT, FULL STRIKE. Strictly
original coin with satiny surfaces . 750.00
1913- S MS-65, BRILLIANT . 550.00
1914, MATTE PROOF-63, TONED . 750.00
1914- D, MS-69, BRILLIANT, FULL STRIKE. Finest .we've seen. Key to series.(See color photo.) 15,000.00
1914- S, MS-65, BRILLIANT . 3,250.00
1915, MS-64, TONED. Void of carbon spots and fly- specks, rich red-orange and violet toning. . . . 250.00
1915- D, MS-65, BRILLIANT . 495.00
1915- S, MS-63, ORIGINAL RED & BROWN . . . 225.00
1916, MS-65, BRILLIANT . 75.00
MATTE PROOF-63, TONED . 995.00
1916- D, MS-63, TONED . 175.00
1916- S, MS-67, RED &. BROWN . 350.00
1917, MS-67, BRILLIANT, MATTE-LIKE . 350.00
19 17- D, MS-65, BRILLIANT . 295.00
1917- S, MS-65, MOSTLY BRILLIANT . 375.00
1918- D, MS-65, RED & BROWN, FULL STRIKE275.00
1918- S, MS-65, FULL STRIKE, MOSTLY BRIL¬ LIANT . 325.00
1919- D, MS-65, MOSTLY BRILLIANT . 350.00
1919- S, MS-65, BRILLIANT . 250.00
1920- D, MS-65, BRILLIANT, EXCEPTIONAL
STRIKE . 325.00
1920- S, MS-65, TONED, FULL STRIKE . 350.00
192 1- S, MS-65, BRILLIANT, EXCEPTIONAL STRIKE . 1,350.00
1922- D, MS-65, TONED . 350.00
1923- S, MS-67, BRILLIANT, FULL STRIKE. RARE . . . . 2,500.00
1924, MS-63, BRILLIANT . 70.00
1924- D, MS-65, FULL STRIKE. MOSTLY BRILLIANT . 995.00
1924- S, MS-67, MOSTLY BRILLIANT, WELL
STRUCK . 1,150.00
1925- D, MS-63, RED AND BROWN . 125.00
1925-S, MS-67, BRILLIANT . 1,250.00
1926, MS-67, BRILLIANT . 95.00
9
U.S. Rare Coins
1926-D, MS-63, BRILLIANT. Exceptional strike for this
date . 225.00
1926- S, MS-65, RED & BROWN. FULL STRIKE,
PROOFLIKE . 1,150.00
1927, MS-69, BRILLIANT . 195.00
1927- D, MS-67, TONED . 275.00
1927- S, MS-65, BRILLIANT, FULL STRIKE. . . . 895.00
1928- S, MS-68, BRILLIANT, FULL STRIKE. . . 1,250.00
1929, MS-67, BRILLIANT, SEMI-PROOFLIKE. Excep¬ tional piece. Deep rich brick red . 95.00
1929- S, MS-65, BRILLIANT . 75.00
193 1-D, MS-65, BRILLIANT. Underated in mint
state . 325.00
193 1-S, MS-67, BRILLIANT . 325.00
1932-D, MS-65, BRILLIANT . 95.00
1933, MS-68, BRILLIANT . 150.00
1955 DOUBLE DIE, MS-64, MOSTLY BRILLIANT. .
. 1,450.00
1972/72 DOUBLE DIE, MS-65, BRILLIANT. (See color photo.) . 470.00
Three Cent Silver — Type One
1851-0, MS-63. EXCEPTIONAL STRIKE. (See color
photo.) . 1,540.00
1852, MS-65 . 2,750.00
Three Cent Silver — Type Two
1858, MS-65. BLAZING WHITE FROST . 4,100.00
Three Cent Silver — Type Three
I860, PROOF-63, TONED . 1,200.00
1862, MS-64, DEEPLY TONED. (See color photo.). . . . ...1,350.00
1863, MS-63, PROOFLIKE. High wire rim on right
side of coin . 1,540.00
1868, PROOF-65, TONED. Beautiful rose-russet obverse toning . 2, 950.00
Two Cent Pieces
1864 LARGE MOTTO, MS-65, RED & BROWN . . . .
. 875.00
1865, MS-65, BRILLIANT . 1,560.00
1866, PROOF-65, TONED . 2,125.00
1867, MS-65, RED & BROWN, PROOFLIKE . . . 960.00
1868, MS-63, TONED . 375.00
PROOF-65, TONED. Impressive iridescent toning starting over exceptionaly reflective surfaces-original.(See color photo.) . 2,125.00
1869, MS-64, RED & BROWN . 750.00
1870, MS-63, RED & BROWN . 600.00
187 1, MS-63, SCARCE RED & BROWN . 700.00
PROOF-60, TONED . 675.00
1872, MS-63, RED & BROWN. Much rarer than the
proof. An attractive coin . 1 ,450.00
1873 CLOSED 3, PROOF-64, TONED . 3,280.00
1873 OPEN 3, PROOF-65, TONED. Beautiful iridescent magenta toning. Rare . 6,375.00
Three Cent Nickels
1865, MS-63, FULL III . 420.00
1866, MS-63, FULL III. Struck from severely clashed dies
. 420.00
1868, MS-60 . 210.00
187 1, PROOF-65. Light russet toning . 1 ,500.00
1873 CLOSED 3, MS-63, FULL III . 460.00
1875, MS-65, FULL IE . 1,500.00
1878, PROOF-65, TONED . 2,400.00
1879, MS-65, FULL M. SEMI-PROOFLIKE. A superb
example, for the perfectionist . 2,500.00
1881, MS-63, FULL HI. Obverse rim cud from 2:30 to
5 o 'clock . 420.00
1883, PROOF-67, TONED . 2,520.00
1885, MS-69, FULL UI . 7,800.00
1887/6, PROOF-63. Tiny Reverse Planchet Flake. Other¬ wise PROOF-65 . 995.00
1889, MS-64, FULL III. Exceptional silvery-rose toned frosty piece . 1,255.00
10
U.S. Rare Coins
Shield Nickels
1866 RAYS, MS-67 . 4,725.00
1867 NO RAYS, MS-63, Recut date . 5 10.00
1868, MS-63, TONED. Light steel-gray with whispers
of golden toning . 510.00
1869, MS-60 . 250.00
1873 CLOSED 3, MS-65. Underated . 1 ,875.00
1873 OPEN 3, MS-63 . 615.00
1876, PROOF-65, TONED . 2,100.00
1878, PROOF-65, BRILLIANT. Proof-only issue .
. 3,000.00
1879, MS-63, FULL STRIKE . 940.00
1881, PROOF-65. Mintage of 3575. Coin is fully brilliant with hints of light golden toning 2,100.00
1882, MS-67, FULL STRIKE . 2,295.00
1883, MS-63 . 510.00
Liberty Nickels
1883 NO CENTS, MS-65 . 750.00
PROOF-60, TONED . 560.00
1884, PROOF-65, TONED . 1,375.00
1885, PROOF-64, TONED. Key date to series. Delicate
russet toning . 2, 950.00
1886, MS-60. Semi-key to series . 595.00
1887, MS-64, TONED. Russet . 690.00
1888, PROOF-65, TONED . 1 ,375.00
1889, PROOF-65, TONED . 6,500.00
1891, MS-63 . 475.00
1893, MS-65 . 1,350.00
1894, MS-63 . 495.00
1896, MS-65 . 1,350.00
1897, MS-65 . 1,240.00
1898, MS-64, BRILLIANT . 575.00
1899, MS-67 . 1,575.00
1900, MS-63 . 395.00
1902, MS-65, TONED . 1,125.00
1903, MS-63 . 395.00
1904, MS-65 . 1,125.00
1905, MS-63, TONED. Delicate pastel toning - 395.00
1906, MS-63, TONED . 395.00
1907, MS-63, TONED . 395.00
1908, MS-63 . 395.00
1909, PROOF-65. Beautiful even golden-russet toning
over brilliant surfaces . 1 ,250.00
1910, MS-65 . 1,125.00
19 1 1, MS-63, PROOFLIKE . 395.00
1912, MS-65. (See color photo.) . 1,125.00
191 2-S, MS-63 . Semi-key to series . 1 ,200.00
Buffalo Nickels
1913 TYPE ONE, MS-67, FULL STRIKE. Attractive
lustrous surfaces . 625.00
MATTE PROOF-67. Mintage of Matte proofs in 1913 (TYPE ONE) was 1,520. A gem quality coin like this is a true show piece as all details are full and seem to jump out at the viewer. Mellow glossy gold and russet hues with the slightest hints of rose- lavender add to the aesthetic value of this Matte
Buffalo . 5,100.00
1913 TYPE TWO, MS-65 . 480.00
MATTE PROOF-65 . 2,500.00
1913-D TYPE ONE, MS-67, TONED, FULL STRIKE.
Beautiful golden toning with sea-green overtones . . .
. 950.00
1913-D TYPE TWO, MS-65, TONED. Well struck. Light russet-rose patina . 965.00
19 13- S TYPE TWO, MS-63 . 700.00
1914, MS-65 . 540.00
19 14- D, MS-64 . 930.00
1914- S, MS-63, FULL STRIKE . 380.00
1915, MS-64, FULL STRIKE . 290.00
19 15- D, MS-64 . 670.00
1916, MS-64 . 215.00
1916- D, MS-63. Flat strike . 425.00
19 16-S, MS-67 . 1,575.00
19 18-D, MS-60 . 470.00
19 18-S, MS-67. EXCEPTIONAL STRIKE . 6,500.00
1919, MS-63, FULL STRIKE . 135.00
1920, MS-64 . 260.00
1920- D, MS-67 . 7,000.00
192 1- S, MS-65 . 4,375.00
1923, MS-63 . 145.00
1924, MS-65. Hints of golden patina . 655.00
1925, MS-63 . 125.00
1926- D, MS-65, FULL STRIKE. (See color photo.) .
. 6,170.00
1927, MS-63 . 105.00
1927- D, MS-65 . 1,000.00
1928, MS-64 . 175.00
1928- D, MS-65 . 410.00
11
U.S. Rare Coins
1928- S, MS-65 . 875.00
1929, MS-63 . 95.00
1929- D, MS-63 . 245.00
1929- S, MS-69. An original lavender and golden toned
GEM . 1,050.00
1930, MS-65 . 315.00
1930- S, MS-65 . 595.00
193 1- S, MS-67 . 700.00
1934, MS-63 . 75.00
1934- D, MS-65. WELL STRUCK FOR THE DATE. . . . 315.00
1935- D, MS-65. 95% FULL STRIKE . 595.00
1935- S, MS-67 . 185.00
1936, MATTE PROOF-60, TONED . 935.00
1936- D, MS-64 . 50.00
1937- D 3-LEGGED, AU-55 . 765.00
Jefferson Nickels
1938, PROOF-65, TONED . 225.00
1939-D, MS-67, WELL STRUCK. Key to series with vir¬ tually every step visible . 95.00
1939-S, MS-65, PROOFLIKE. (See color photo.). . 140.00
1942-P TYPE TWO, PROOF-67, TONED . 655.00
1955-D/S, MS-60 . 45.00
Early Half Dimes
1795, EF-45, TONED . 5,410.00
Bust Half Dimes
1829, PROOF-63, TONED . 6,950.00
1830, MS-65 . 4,375.00
1831, MS-63, TONED . 1,475.00
1832, MS-63, TONED . 1,475.00
1833, MS-63, TONED . 1,475.00
1834, MS-63, TONED . 1,475.00
1835 SMALL DATE, LARGE 5, MS-67. Exceptional
strike. Lovely satiny surfaces. A GEM! .... 6,125.00 1835 SMALL DATE, SMALL 5, MS-63, TONED. . . .
. 1,475.00
1837 LARGE 5, MS-63, TONED . 1,475.00
Seated Half Dimes
1837 LARGE DATE, MS-65. LIGHT GOLDEN TONING. A remarkable example . 5,250.00
1837 SMALL DATE, MS-60. LIGHTLY CLEANED . . . 1,445.00
1838 NO DRAPERY, MS-65, FULL STRIKE . 4,075.00 1841, MS-65, TONED, PROOFLIKE OBVERSE.
Medium pastel blues and rose-russet . 3,375.00
1848-0, MS-63 . 1,525.00
1849 NORMAL DATE, MS-65, TONED. . . . 3,375.00 1850, MS-64, FULL STRIKE. An exceptional half dime.
. 1,685.00
1853 NO ARROWS, MS-63, TONED, RARE. Multi-colored iridescent toning . 2,280.00
1854 ARROWS, MS-67 . 5,250.00
1855 ARROWS, MS-63 . 1,140.00
1857, MS-68, TONED . 6,100.00
1858, MS-64 . 1,600.00
1859, MS-64. Well struck with light russet toning 2,400.00
1860, MS-65, TONED . 2,500.00
1860 TRANSITIONAL, MS-66, TONED. Known as a
transitional pattern; J-267. This piece denotes no country of origin! 100 coins were struck as the in¬ scription "United States of America” was being transferred from the reverse to the obverse. These pieces were not made for circulation. Our coin displays deep charcoal with russet-olive and golden- rose hues. Original and beautiful . 13,500.00
1861, MS-64 . 1,240.00
1862, PROOF-64, TONED. Mintage 550 . 1,720.00
1863, PROOF-63, TONED . 1,375.00
1864, PROOF-63, TONED, SCARCE. Mottled irides¬ cent toning . 1,760.00
1867, MS-63, TONED, RARE . 2,100.00
1871, MS-63, TONED . 820.00
1872, MS-64, TONED. Obverse is steel-gray while reverse
exhibits subtle gold peripheral toning that melts into pastel blue center . 1 ,240.00
1872-S MINTMARK BELOW BOW., MS-63 . . 820.00
1873 CLOSED 3, PROOF-64. Light uniform russet toning attractive . 1 ,720.00
Bust Dimes
1825, MS-65
8,125.00
12
U.S. Rare Coins
1834 LARGE 4, MS-68, FULL STRIKE, BEAUTI¬ FULLY TONED. Charcoal/steel-blue peripheral toning that turns into a mellow rose-red center. Perfect for the Capped Bust Dime specialist. (See
color photo.) .
. 11,250.00
Seated Dimes
1842, MS-65. Light russet toning . 3,850.00
1843, MS-63 . 1,440.00
1850, MS-63 . 1,150.00
1853 ARROWS, MS-65, TONED. Light obverse russet toning. Reverse is toned a mellow pastel ... 4,100.00
1854 ARROWS, MS-68, TONED. Subdued steel gray and charcoal toning. Attractive for the connoisseur . . 7,315.00
1855 ARROWS, MS-60, TONED, PROOFLIKE OB¬ VERSE. A medley of different colors. Original .
. 650.00
1857, MS-63 . 1,150.00
1858, MS-65. Satiny mint luster . 3,500.00
1860, MS-63, FLAT HEAD . 745.00
1867, PROOF-65, TONED. Deep russet and steel blue
toning.(See color photo.) . 3,125.00
1869, PROOF-65, TONED. Rich rainbow iridescent
toning around periphery . 2,500.00
1870, PROOF-63, BRILLIANT . 1,025.00
1873 CLOSED 3, PROOF-64, TONED. Undervalued
because most collectors and investors want this variety with arrows . 1,580.00
1875-S MINT MARK ABOVE BOW, MS-64. Light
russet and tan toning, 100% unbroken mint luster . .
. 1,310.00
1875-S MINT MARK BELOW BOW, MS-65, TONED. Mottled golden-russet and silvery-blue
toning . 2,650.00
1876, MS-63, TONED . 745.00
1877, MS-63, TONED, FULL STRIKE . 785.00
1878, MS-64, TONED. Medium golden obverse toning. .
. 1,100.00
1882, MS-69, TONED. Head weak, but the toning and state of preservation of this Seated Dime is hard to find. Exceptional iridescent aqua-blue and violet-rose toned obverse. Mellow golden peripheral reverse with a pale baby blue center. A first rate investment coin . 5,100.00
1886, MS-63, TONED. Medium cobalt blue and russet
toning . 745.00
1887-S, MS-65, TONED. Charcol and russet toning. . . . . 2,340.00
1888, MS-63, TONED . 745.00
1888-S, MS-64, TONED, FULLY PROOFLIKE. POSSIBLY A SPECIMEN STRIKE. Subtle pastel toning, very attractive and original . 2,180.00
1890, MS-67, BRILLIANT. A blazing gem with full
frosty luster . 2,975.00
1891, MS-67, TONED, FULL STRIKE . 3,125.00
1891, PROOF-60, TONED . 650.00
Barber Dimes
1892- 0, MS-63, TONED. Light russet toning. An above
average coin . 695.00
1893- S, MS-60, TONED. Lovely sea-green aqua blue and
russet toning . 355.00
1893/2, MS-63, TONED . 2, 250.00
1894- 0, MS-63, RARE . 5, 750.00
1895, PROOF-63, TONED. Underlying mirror surfaces.
. 1,320.00
1895- S, AU-58 . 375.00
1899, MS-69, TONED . 3,450.00
1900, MS-64, DEEPLY TONED. Rainbow iridescent (See
color photo) . 735.00
1901, MS-63 . 500.00
190 1-S, MS-67, FULL STRIKE. A semi-key to the Barber Dime series and rare in Mint State. Exibits light tan toning around its periphery with 100% full original mint luster and beautiful satiny surfaces. For the per¬
fectionist . 15,000.00
1902, PROOF-64, TONED. Mottled charcoal and russet toning over blazing mirror surfaces . 1 ,595.00
1903-S, MS-64, PROOFLIKE. Rare and underated .
. 3,950.00
1904, MS-65, TONED, FULL STRIKE. Vivid multi¬
colored pastel toning . 1 ,435.00
1905, MS-63, TONED . 500.00
1906, MS-63 . 500.00
13
U.S. Rare Coins
1907, MS-63, TONED. Steel-blue peripheral toning. . . .
. 500.00
1907-D, MS-64, TONED. Rainbow toning around coin’s
periphery . 1,320.00
1907- S, MS-60 . 460.00
1908, MS-60 . 260.00
1908- D, MS-63, PROOFLIKE OBVERSE . 595.00
1909, MS-63 . 500.00
19 10, MS-63, TONED . 500.00
1911, MS-63, TONED . 500.00
1912, MS-64, TONED. Light but rich golden patina. . . . . 730.00
1912-D, MS-63, TONED . 500.00
1913, MS-64, TONED . 730.00
1914, MS-63, FULL STRIKE . 520.00
1914-D, MS-63, TONED. Mottled charcoal-russet
toning . 500.00
1915, MS-63 . 500.00
1916, MS-60 . 260.00
Mercury Dimes
1916, MS-67, TONED, FULL BANDS . 350.00
1916- S, MS-67, TONED, FULL BANDS. Rare. Golden-
yellow green toning highlight this superbly struck Mercury Dime. Seldom found so nice . 1,275.00
1917, MS-65, TONED, FULL BANDS . 300.00
1917- D, MS-63, FULL BANDS . 1,035.00
1917- S, MS-67, FULL BANDS. Lovely satin-like luster. . . 1,660.00
1918, MS-65, TONED, FULL BANDS . 815.00
1918- D, MS-64, FULL BANDS. Underated. . . . 2,360.00
19 18-S, MS-63 . 790.00
1919, MS-63, FULL BANDS . 240.00
1920, MS-65, FULL BANDS . 400.00
1920-D, MS-67, TONED, 50% BANDS. Mottled irides¬
cent toning . 3,545.00
1920- S, MS-63, FULL BANDS . 1,100.00
192 1- D, MS-65, FULL BANDS. (See color photo) .
. 7,190.00
1923, MS-63, TONED, FULL BANDS . 155.00
1923- S, MS-60, FULL BANDS . 660.00
1924, MS-64, TONED . 350.00
1924- D, MS-65, FULL BANDS . 1,685.00
1924- S, MS-65, 50% BANDS . 750.00
1925, MS-67, TONED, FULL BANDS . 675.00
1925- D, MS-64, FULL BANDS. Well struck and scarce
this nice . 2,160.00
1926, MS-65, TONED, FULL BANDS. Fiery red, orange
and maroons . 285.00
1926- D, MS-67, FULL BANDS . 2,540.00
1927, MS-65, FULL BANDS . 265.00
1927- D, MS-65, FULL BANDS, SEMI-PROOFLIKE . . . . 3,125.00
1927- S, MS-67, FULL BANDS . 4,025.00
1928, MS-65, TONED, FULL BANDS . 275.00
1928- D, MS-65, 50% FULL BANDS . 640.00
1928- S, MS-67, 50% BANDS . 495.00
1929, MS-65, FULL BANDS . 250.00
1929- D, MS-67, FULL BANDS . 640.00
1929- S, MS-65, 95% FULL BANDS . 395.00
1930, MS-65, TONED, FULL BANDS . 500.00
1930- S, MS-63, FULL BANDS . 655.00
1931, MS-63, FULL BANDS . 265.00
193 1- D, MS-63, TONED, FULL BANDS . 465.00
193 1-S, MS-67, TONED, 95% BANDS . 810.00
1934-D, MS-65, 90% BANDS . 260.00
1934- 1 94 5-PDS, MS-67. Mostly Full Bands. Includes the
micro-S, but no overdates. A gorgeous set, in a Whitman Classic Album . 5,500.00
1935, MS-65, FULL BANDS . 100.00
1935- D, MS-65 . 345.00
1935- S, MS-63 . 65.00
1936, MS-67, FULL BANDS . 160.00
PROOF-65, TONED . 985.00
1936- D, MS-65 . 200.00
1936- S, MS-65, FULL BANDS . 265.00
1937, MS-67, FULL BANDS . 140.00
PROOF-67, FULL BANDS . 1,070.00
1937- D, MS-63, FULL BANDS . 1 15.00
1937- S, MS-65, 90% BANDS . 185.00
1938, MS-65, TONED, FULL BANDS . 155.00
1938- D, MS-65, TONED, FULL BANDS, SEMI¬ PROOFLIKE OBVERSE . 280.00
1938- S, MS-65, FULL BANDS . 240.00
1939, MS-63, FULL BANDS . 85.00
1939- D, MS-67, TONED . 50.00
1939- S, MS-65, BRILLIANT, FULL BANDS . . . 1,375.00
1940- D, MS-65 . 75.00
1941, PROOF-65, TONED, FULL BANDS . 435.00
194 1- D, MS-65, FULL BANDS. Blazing luster. . . . 75.00
1942, MS-65, FULL BANDS . 90.00
1942- D, MS-67, FULL BANDS . 85.00
1942-S, MS-67, PROOFLIKE, FULL BANDS. Spec¬ tacular quality . 545.00
1942/1, MS-67, FULL BANDS. A very popular 20th cen¬ tury overdate, this specimen has full blazing surfaces with the slighest hint of toning. Rare in mint state (especially with Full Bands). Most coins come from an original 4 roll purchase by a NYC dealer in the '50's. The majority of these dimes are circulated since the error wasn't discovered until later in 1943. (See color photo) . 20,000.00
14
U.S. Rare Coins
1943, MS-67, FULL BANDS . 80.00
1943-D, MS-65, FULL BANDS . 50.00
1943- S, MS-68, TONED, FULL BANDS . 395.00
1944, MS-67, TONED, FULL BANDS . 185.00
1944- S, MS-67, TONED, FULL BANDS . 125.00
1945, MS-67, 95% FULL BANDS . 995.00
1945- D, MS-65, FULL BANDS . 75.00
1945-S, MS-65, TONED, FULL BANDS . 155.00
Twenty Cent Pieces
1878, MS-65. Subtle golds, steel gray and russet toning
. 3,750.00
1878-S, MS-63, RARE . 4,750.00
1879, PROOF-63, TONED . 1 ,460.00
1880, MS-63, PROOFLIKE . 1,785.00
1883, MS-63, SCARCE, SEMI-PROOFLIKE.
Peripheral golden rose-red toning . 1,785.00
1888-S, MS-60, PROOFLIKE . 790.00
1891, MS-63, TONED . 1,275.00
1875, MS-64, TONED, PROOFLIKE. Medium uniform
golden-tan patina . 3,425.00
1875-CC, MS-65, TONED, FULL STRIKE. ... 7, 950.00 1875-S, MS-65 . 6,875.00
Early Quarters
1835, MS-65. Beautiful mellow rainbow toning (See color photo) . 9,375.00
Seated Liberty Quarters
1839 NO DRAPERY, MS-63 . 5,000.00
1842 LARGE DATE, MS-63, TONED, SEMI¬ PROOFLIKE OBVERSE, RARE . 3,925.00
1844, MS-63. LOVELY RUSSET TONING, RARE
(See color photo) . 3 , 1 50.00
1845, MS-63, RARE, FULL STRIKE. Vivid satin-like
luster . 3,140.00
1851, MS-63, TONED, RARE. Lovely sea-greens,
blues and golds. Original . 3,140.00
1857, MS-63, SEMI-PROOFLIKE . 1,885.00
1858-0, MS-63, BEAUTIFULLY TONED. RARE AND UNDERATED. Rich golden and magenta
(See color photo) . 2,750.00
1862, MS-63, FULL STRIKE. Nice mint luster .
. 650.00
1872, PROOF-63, BRILLIANT . 1,215.00
1873 ARROWS, PROOF-60, TONED. Lovely peripheral toning and first year proof type . 675.00 1876, MS-65. Semi-prooflike surfaces under light russet toning . 3,750.00
1876- S, MS-60, TONED . 650.00
1877- S, MS-63 . 1,275.00
Barber Quarters
1892, MS-65, DEEPLY TONED. A beautiful charcoal and blue with hues of rose and green. Breathtaking .
. 2,300.00
1892-0, MS-63, TONED. Beautiful subtle iridescent golds, russets and blue toning . 1 ,000.00
1894- 0, MS-64, FULL STRIKE. Light steel gray
. toning . 2,145.00
1895- S, MS-60, PROOFLIKE . 685.00
1896, PROOF-60 . 935.00
1897-0, MS-65, BRILLIANT. Beautifully toned obverse
and reverse . 8, 950.00
1897-S, MS-64, TONED. PROOFLIKE. The "S" mint mark is unusually far to the right of eagle’s tail feather, almost into arrows . 2,950.00
1901-0, MS-64, RARE. Light russet toning with a
superior strike for a New Orleans Mint coin .
. 8,500.00
1903, MS-68, TONED, FULL STRIKE. Iridescent
toned obverse (See color photo) . 3,780.00
1904, MS-64 . 1,075.00
1907, MS-63, TONED . 765.00
1908-D, MS-63, FULL STRIKE . 965.00
1909, MS-65, TONED . 2,000.00
1912, MS-65, TONED. Subtle blue and gold hues .
. 2,000.00
19 13- D, MS-65, TONED . 3,000.00
1914, MS-65 . 2,000.00
19 14- D, MS-65 . 2,500.00
1915, MS-63 . 765.00
1915- S, MS-63, TONED, SCARCE. Charcoal and
golden-russet toning . 1,150.00
15
June Color Selections
June Color Selections
U.S. Rare Coins
Standing Liberty Quarters
1916, MS-64, FULL HEAD. Lovely light russet toning. A jewel . 14,500.00
1930-S, MS-64, FULL HEAD. Light russet toning .
. 1,390.00
1943-S Washington Quarter
1917 TYPE ONE, MS-65, FULL HEAD . 2,500.00
1917 TYPE TWO, MS-69, TONED. FULL HEAD. . . .
. 6,000.00
1917-D TYPE ONE, MS-65, FULL HEAD. . . .3,250.00
1917-D TYPE TWO, MS-65, TONED . 1,265.00
19 17-S TYPE TWO, MS-64 . 925.00
1917- S TYPE TWO, MS-65, TONED. FULL HEAD. . . 4,125.00
19 18, MS-65, FULL HEAD . 3,250.00
1918- D, MS-63, 90% FULL HEAD . 1,290.00
1918-S, MS-63, TONED. FULL HEAD, RARE. 1,700.00
1919, MS-69, FULL HEAD . 6,000.00
1919-D, MS-63. A pleasing example . 1,175.00
1919- S, MS-63 . 995.00
1920, MS-63, FULL HEAD. Usual weak date. . . . 935.00
1920- D, MS-65, RARE . 1,940.00
1920-S, MS-65, RARE, FULL HEAD. Beautiful, lustrous
and excessively elusive this nice . 7,500.00
1923, MS-65 80% FULL HEAD . 845.00
1924, MS-65 . 970.00
1924-D, MS-64 . 585.00
1924-S, MS-67, 50% FULL HEAD . 2,660.00
1925, MS-64, FULL HEAD . 1,260.00
1926, MS-67, TONED . 1,180.00
1927, MS-65, FULL HEAD . 2,500.00
1927- D, MS-63, 95% FULL HEAD . 920.00
1928- D, MS-63 . 400.00
1928- S, MS-67, FULL HEAD . 3,850.00
1929, MS-65, TONED. FULL HEAD . 2,500.00
1929- S, MS-65, TONED. Variegated charcoal and russet
toning . 845.00
1930, MS-65, TONED. FULL HEAD . 2,500.00
MS-67, FULL HEAD . 3,500.00
The Washington Quarter was struck as a com¬ memorative coin in 1932, marking the 200th an¬ niversary of George Washington’s birthday. After a one-year hiatus, the quarter became a regular issue coin in 1934. John Flanagan, a prominent New York sculptor, designed the coin, but his commission was shrouded in controversy. Ap¬ parently an open design competition was held for the quarter and out of 100 entries, Mrs. Laura Gardin Fraser was named winner. (She was a well- known sculptor-medalist who designed the Oregon Trail Half Dollar). However, Treasury Secretary Andrew W. Mellon opposed this decision, and his influence resulted in Flanagan receiving the com¬ mission.
MS-63 . $85.00
MS-65 . $125.00
MS-67 . $160.00
Early Half Dollars
1795, FINE- 12. Few microscopic hairline scratches .
. 1,725.00
1807, AU-53, CHOICE . 2,850.00
1828 SQUARE BASE 2, SMALL 8'S AND LET- T E R S ,
MS-65, TONED. Light steel blue toning with russet
overtones (See color photo) . 4,375.00
1830 LARGE O, MS-63, TONED. Uniform russet-rose toning with blue tints. Full "E Pluribus Unum. ''....
. 1,525.00
1837, MS-65, TONED, SEMI-PROOFLIKE. Splendid subtle iridescent pastel hues of sea-green, aqua, cobalt blue, russet and rose. Exceptional strike. Must
be seen! . 6,500.00
1839, MS-60. Even tan-russet toning . 1,500.00
18
U.S. Rare Coins
1831, MS-67, TONED . 6,125.00
1832 NORMAL LETTERS REVERSE, MS-63, TONED. Mottled charcoal and steel gray toning.
Full "E Pluribus Unum" . 1,525.00
1834 LARGE DATE, SMALL LETTERS, MS-64,
TONED . 3,240.00
1836, MS-63, TONED . 1,525.00
1836 50 C/100 , MS-67, TONED. Listed as Overton 1 16; obverse 12, reverse N;50 over 00, our coin has pleasing even rich gold-russet toning with steel blue hue. Surfaces strictly original and a full E Pluribus Unum'. Well worth . 9,190.00
Seated Liberty Half Dollars
1844, MS-63, PROOFLIKE, FULL STRIKE. Formerly purchased as a Proof . 1,775.00
1853 ARROWS AND RAYS, AU-50, TONED . 625.00
1854 ARROWS, MS-60. TINY PLANCHET FLAKE;
OTHERWISE MS-63 . 1,190.00
1854- 0 ARROWS, MS-63. Heavily recut date. . 2,390.00
1855- 0 ARROWS, MS-65, LIGHTLY TONED .
. 7,185.00
1856-0, MS-63, PROOFLIKE. Well struck . 1,860.00
1857, MS-65 . 5,250.00
1858, MS-63. Light even russet toning upon 100% blazing
surfaces . 1,690.00
1858-S, MS-67. POSSIBLY FINEST KNOWN. (See color
photo) . 17,500.00
1860, MS-63, SCARCE . 2,000.00
1862, MS-63, FULL STRIKE . 1,775.00
1876-S, MS-60, TONED . 800.00
1877, MS-63, PROOFLIKE . 1 ,500.00
1891, MS-63, TONED . 1,500.00
1903, MS-63, TONED . 1,475.00
1903-0, MS-69, TONED. FULL STRIKE. . . 13J00X)0 1903-S, MS-65, TONED, RARE. Iridescent steel blue
and russet toning with rose hues. Underlying 100% mint luster. Exceptional surfaces. . 5,810.00
1904, MS-64, TONED. Beautiful iridescent rainbow
toning . 2,000.00
1905, MS-63, SCARCE, SEMI-PROOFLIKE . 2,360.00
1906-D, MS-65. (See color photo) . 4,125.00
1906- 0, MS-63. Above average strike for this "O"
mint coin . 1,915.00
1907, MS-64, LIGHTLY TONED . 1 ,200.00
1907- D, MS-65. Beautiful deep russet and blue-red
hues . 4,125.00
1907- S, MS-63, TONED. Mottled charcoal and russet
toning . 1,475.00
1908- S, MS-60, SCARCE . 1,175.00
1912- D, MS-65 . 3,750.00
1913- S, MS-65, RARE. Uniform golden-russet toning. . 5,625.00
1914, MS-64, TONED . 2,860.00
1914-S, MS-63, BRILLIANT. Scarce . 1,990.00
Walking Liberty Half Dollars
Barber Half Dollars
1892, MS-64, TONED. Subdued iridescent toning,
desirable first year issue . 2,050.00
1894-0, MS-60 . 1,175.00
1894-S, MS-63. Semi-prooflike reverse and lightly
toned . 2,215.00
1898-0, MS-64, TONED. Above average strike.
Magenta toned obverse around periphery .
. 4,595.00
1899, MS-63, TONED. SEMI-PROOFLIKE. Deep
russet-tan and cobalt blue toning . 1,475.00
1900, MS-63, FULL STRIKE . 1,550.00
1900-0, AU-58. Above average strike for this "O"
mint coin . 895.00
1900-S, MS-65, FULL STRIKE . 6,495.00
1902-0, MS-60, TYPICAL STRIKE . 815.00
1902-S, MS-65, RARE, FULL STRIKE . 6,565.00
1916, MS-65, TONED . 3,500.00
19 16-D OBVERSE, MS-63, TONED . 1,250.00
1917, MS-65, FULL STRIKE . 1,200.00
1917, MS-67, FULL STRIKE. Dazzling luster not normal¬ ly seen on pre-1920 Walking Liberty Half Dollars. . . . 1,850.00
1917-D OBVERSE, MS-67, DEEPLY TONED, FULL
STRIKE, (see color photo) . 4, 950.00
1917-D REVERSE, MS-65, TONED . 4,950.00
191 7-S OBVERSE, MS-65, TONED. Subtle golden russet toning . 8,950.00
1917- S REVERSE, MS-63 . 1, 100.00
1918, MS-63, Full blazing luster not normally seen on pre-
1920 Walking Liberty Half Dollars . 1,150.00
1918- D, MS-63, PROOFLIKE, 100% FULL STRIKE. . . . 6,500.00
1918-S, MS-65, TONED . 3,750.00
1919, MS-65, FULL STRIKE. Gorgeous iridescent
toning . 8,250.00
19
U.S. Rare Coins
1919- D, MS-65. EXQUISITE SURFACES. Very elusive to procure in Mint State condition, this coin is fully lustrous with satin-like surfaces. Mellow peripheral elliptical rainbow toning starting between 1 and 6 o'clock. If you're lacking this date for your set, now
is the best time to buy. Exceptional and worth .
. 24,500.00
1920, MS-65, TONED. Medium russet toning. . 2,500.00
1920- D, MS-65, FULL STRIKE . 1 1,750.00
1920- S, MS-63 Satin-like fields, slightest tinge of toning. .
. 2,750.00
192 1- S, AU-55, TONED. Fully lustrous with even golden-russet patina. Better than average strike for this mint and coin. Rare in high grades and will sell
fast, as Walker collectors well know . 8, 950.00
1927- S, MS-63. Light golden peripheral toning. . 2,350.00
1928- S, MS-64 . 6,250.00
1929- S, MS-67 . 4,950.00
1933- S, MS-65, RARE, FULL STRIKE. An incredible
coin . 3,950.00
1934, MS-63 . 375.00
1934- D, MS-68, TONED, EXCEPTIONAL STRIKE. . . . 2,350.00
1934-S, AU-58, FULL STRIKE . 495.00
1935, MS-65, FULL STRIKE . 195.00
1936, MS-64 . 120.00
1936-D, MS-64 . 575.00
1936- S, MS-63 . 495.00
1937, MS-65 . 190.00
PROOF-65, TONED . 1,660.00
193 7- D, MS-60 . 375.00
1937-D, MS-67, TONED, FULL STRIKE . 1 ,650.00
1937- S, MS-65, Uniform russet toning . 995.00
1938, MS-65. A blazing breathtaking coin, far above
the norm . 675.00
1938- D, MS-65, FULL STRIKE . 2,450.00
MS-67, TONED, FULL STRIKE . 3,400.00
1939, MS-65 . 475.00
PROOF-67, BRILLIANT . 1,840.00
1939- D, MS-65 . 495.00
1939- S, MS-67, FULL STRIKE. Eye catching fully
lustrous surfaces . 1 ,100.00
1940, MS-65, BRILLIANT . 190.00
1940- S, MS-65 . 250.00
1941, MS-65 . 125.00
194 1- D, MS-65 . 215.00
194 1- S, MS-65, FULL STRIKE . 1,750.00
1942, MS-67, TONED, FULL STRIKE . 185.00
1942- D, MS-67, FULL STRIKE . 595.00
1942- S, MS-65, WELL STRUCK . 500.00
1943, MS-67, FULL STRIKE . 185.00
1943- D, MS-65 . 635.00
194 3-D, MS-69, TONED . 265.00
1943-S, MS-67, FULL STRIKE. Rare thus . 1,250.00
1944, MS-67, TONED . 175.00
1944-D, MS-65, TONED, FULL STRIKE . 175.00
1944- S, MS-67 . 440.00
1945, MS-67 . 175.00
1945- D, MS-65, TONED . 200.00
1945- S, MS-65 . 280.00
1946- D, MS-65, TONED . 140.00
1946- S, MS-65 . 250.00
1947, MS-65 . 250.00
1947- D, MS-65 . 190.00
Bust Dollars
1795, FINE-12. Few minor hairlines and field abrasions.
Head of '94. B-l (H-l) R-3 . 2,670.00
1796, VF-20 B-4 (H-4).(See color photo.) . 4,000.00
1797, AU-50, TONED. Attractive iridescent toning, minor rim ding at 1 o'clock. B-3 (H-3). . . . 10,625.00
1799, VF-30. Obverse right field abrasions. B-5 (H-5) R-2 . . 1,100.00
1802/1, AU-55, TONED, CHOICE. Iridescent toning
around periphery. B-3 (H-3) R-3 . 6,250.00
1803, AU-50, TONED. Iridescent toning around periphery. B-6 (H-6) R-2 . 3,125.00
Seated Liberty Dollars
1841, MS-63, TONED . 3,130.00
1842, MS-63, SCARCE. Light russet toning. . 5,220.00 1859-0, MS-63, PROOFLIKE. Uniform golden
toning . 3,130.00
20
U.S. Rare Coins
1862, PROOF-68, TONED. Breathtaking vivid steel blue, magenta and gold melting to a russet, rose, and violet center. Reverse is the same except center is brilliant. Highly brilliant Proof fields and totally original, mintage: 550. Few minor hairlines. In June 1980 this coin was $18,000. now
it's $11, 000 . 11,000.00
1869, MS-63, SCARCE. (See color photo.). . . 8,950.00
1882, MS-65, DEEPLY TONED. (See color photo.)
. 285.00
1882-CC, MS-63 . 130.00
1882- 0, MS-63 . 90.00
1883, MS-63, CAMEO PROOFLIKE, FULL STRIKE . .
. 345.00
1883- CC, MS-67, CAMEO PROOFLIKE . 895.00
Trade Dollars
1874, MS-67, TONED, FULL STRIKE. Possibly the
finest known business strike. Underated .
. 11,150.00
PROOF-63, TONED. Mintage: 700, Deeply toned . . 3,200.00
1875-CC, MS-65. Beautiful satiny luster with light russet toning starting around the coins periphery. For a "CC" mint coin of this size and weight, one would expect heavy abrasion and bagmarks — barest mininum to be found, only die striations and a heavy frosty cameo effect. Rose toning streak on ob¬ verse . 6,640.00
1875-S, MS-63 . 1,685.00
1875- S/CC, MS-60, RARE . 3,500.00
1876, MS-63, PROOFLIKE, FULL STRIKE. . . . 2,215.00
1876- S, MS-63, TONED. Lustrous surfaces com¬ plemented with the slightest tan hues . 1 ,685.00
1877, PROOF-64, TONED. Overall russet with subdued pastel toning. Breen states ''Much rarer in proof than mintage suggests." Approximate mintage: 510. . 4,345.00
1877- S, MS-64, TONED. At first glance one might
suspect a Proof coin. Deep russet, almost aqua-blue and golden toning accent this coin. Reverse exhibits sea-green and deep blue peripheral toning with rose overtones. Fully struck. Strictly original and very at¬ tractive. Few minor hairlines . 2,595.00
Morgan Dollars
1878 7/8 TF, MS-63 . 150.00
1878 7TF, MS-63 . 100.00
1878 7TF 4-LEG, MS-63, FULL STRIKE . 1 15.00
1878 8TF, MS-63 . 120.00
1878-CC, MS-64 REVERSE, TONED . 165.00
1878- S, MS-64, TONED . 75.00
1879- S REVERSE '78, MS-65, PROOFLIKE, FULL
STRIKE . 275.00
1880, MS-63 . 95.00
1880- CC 8/7, MS-63, PROOFLIKE . 395.00
1880-CC, 80/79, MS-60 . 125.00
1880-0, MS-63 . 250.00
1904 Morgan Dollars
The 1904 Morgan Dollar has a special significance in numismatic circles. This issue preceeded a 17-year gap in silver dollar production that was caused by a bullion shortage. Over the next several years, hundreds of thousands of Uncir¬ culated Morgan Dollars from previous issues were released from Treasury vaults for circulation. In 1921, following World War I, silver dollar produc¬ tion was resumed, and the Morgan design was issued until the Peace Dollar was adopted later that year.
New England is offering 1904 Morgan Dollars at these specially reduced prices:
Regular Special
MS-60 . $310.00 $280.00
MS-63 . $450.00 $400.00
MS-64 . $860.00 $750.00
MS-65 . $2,500.00 $2,195.00
1885, MS-64 . 60.00
1886, MS-64 . 60.00
MS-63, TONED, FULL STRIKE . 1 ,000.00
1887, MS-64, TONED, REVERSE. Deep dark green and
purple toned obverse . 60.00
1887-0, MS-63, FULL STRIKE . 120.00
1887-S, MS-63, FULL STRIKE . 190.00
1888, MS-63 . 55.00
1890-CC, MS-67, TONED, FULL STRIKE. . . . 1,185.00
1890-0, MS-64 . 275.00
1890- S, MS-63, FULL STRIKE, PROOFLIKE .... 1 1 5.00
1891, MS-63 . 295.00
1891- CC, MS-60 . 180.00
1892, MS-60 . 220.00
1892- 0, MS-63. USUAL STRIKE . 565.00
1892- S, EF-45. Scarce date . 375.00
1893, MS-64, FULL STRIKE. Scarce and underated. . 1,495.00
1893- CC, MS-63 . 1,800.00
1893-0, MS-63. Superior strike from this mint. . 3,125.00
1893-S, EF-40, CHOICE . 5,775.00
1894, MS-64, FULL STRIKE . 3,3 15.00
1895, PROOF-65, TONED, FROSTED . 45,000.00
1895-0, MS-63. An exceptional piece . 9,37 5.00
1895-S, MS-63 . 2,345.00
21
U.S. Rare Coins
1896-0, MS-63. Well struck with light iridescent rainbow
toning . 2,185.00
1896-S, MS-64. Lovely satin-like fields . 1 ,690.00
1897, MS-64, TONED . 125.00
MS-63, FULL STRIKE. Elusive date. Fully struck. Mint State examples are virtually unobtainable full struck, since "O" mint coins are notorious for soft strikes. Expensive, but well worth the money in¬
vested. Lightest golden toning . 1,900.00
1897- S, MS-60 . 100.00
1898, MS-63 . 75.00
1898- 0, MS-64 . 70.00
1898- S, MS-63, FULL STRIKE . 490.00
1899, MS-63 . 200.00
1899- 0, MS-65, TONED . 165.00
1899- S, MS-63, FULL STRIKE . 690.00
1900, MS-64, FULL STRIKE . 85.00
1900- S, MS-63, FULL STRIKE . 425.00
1901, MS-64, EXCEPTIONAL STRIKE. Excessively elusive in Mint State and well struck. Most 1901 dollars were melted. Of the ones that weren’t, most exhibit soft strikes which was characteristic of this particular year for Philadelphia Mint dollars. Brilliant with minor abrasions and lightly toned . . .
. 5,380.00
1901-0, MS-64 . 125.00
190 1- S, MS-63, FULL STRIKE . 790.00
1902, MS-63 . 150.00
1902- S, MS-64, TONED. Medium russet toning. . 945.00
1903, MS-60, FULL STRIKE . 100.00
1903- 0, MS-65 . 675.00
1904- 0, MS-64, TONED. Magenta toned reverse. . 65.00
1904-S, MS-63 . 2,875.00
192 1-D, MS-63 . 95.00
192 1-S, MS-63 . 115.00
Peace Dollars
1921, MS-63 . 1,100.00
1927, MS-63 . 225.00
192 7-S, MS-63, TONED, FULL STRIKE . 790.00
1928, MS-60 . 325.00
1934-S, MS-63, FULL STRIKE . 5,775.00
1935, MS-60, TONED . 120.00
Gold Dollars — Type One
1849 OPEN WREATH, MS-60 . 875.00
1850- D, EF-40, LUSTROUS. With claims to semi-
prooflike fields, characteristic strike . 1,250.00
1851, MS-65 . 6,750.00
185 1- C, EF-40. Scarce and underated, nice strike with
medium copper-red toning . 895.00
1852, MS-60 . 875.00
1852-0, AU-58, SCARCE . 815.00
1853, MS-63 . 1,565.00
1854, MS-65. (See color photo.) . 6,750.00
Gold Dollars — Type Two
1854, AU-55 . 1,760.00
1855, MS-65. Light coppery-golden toning. . . . 21,875.00
Gold Dollars — Type Three
1859, PROOF-63, BRILLIANT . 16, 500.00
1859-C, EF-45. Typical of most 1859-C dollars, weakly struck, poor planchet quality. Akers states, "Along with the 57-C (see color photo) ranks as the most consistantly poorly struck gold dollar... planchet quality remarkably bad." Another scarce and underated date from the Charlotte
Mint . 1,750.00
1861, MS-63 . 1,375.00
1862, MS-64, FULL STRIKE . 3,000.00
1866, MS-65, SCARCE . 12,000.00
1867, AU-50, PROOFLIKE . 1,250.00
1871, AU-55, RARE . 1,350.00
1876, AU-50. Underlying prooflike surfaces. Second rarest date after 1875. “Usually softly struck,” notes Akers. The coins strike is better than most seen. Much luster. Highly desirable and rare! ....
. 895.00
1877, AU-50 . 995.00
1879, MS-65 . 12,000.00
1880, MS-65, FULLY PROOFLIKE, FULL STRIKE. . . 11,150.00
1884, PROOF-63, BRILLIANT . 5, 950.00
1886, MS-65 . 7,575.00
Liberty Head Quarter Eagles
1843, MS-63, SCARCE . 3, 950.00
1843-C SMALL DATE CROSSLET 4, VF-35, RARE. Well struck for this scarce Charlotte coin. Mintage
for this type: 2,988 (See color photo) . 4, 950.00
1847-D, MS-63, A GEM STRIKE. Full frosty mint luster. Semi-prooflike reverse. Truly a magnificent Dahlonega Mint quarter eagle. Akers as "A rare date. ..generally well struck." Every feather on eagles right leg are full and sharp. Very minor obverse planchet indentation in right field serves as an in- dentification mark for the coin . 12,500.00
22
U.S. Rare Coins
1872-S, MS-63. One of the finest known.
Lustrous with light copper toning rare in Mint State
. 7,500.00
1875, EF-40, RARE. With the second lowest mintage of any regularly issued quarter eagle, this date rates as extremely rare. It's estimated that between 15 to 20 business strikes are still in existence. Copper-red peripheral toning with semi-prooflike fields comple¬ ment this problem-free popular coin. Date low and 5 distant from bust as characteristic of business strikes.
A sure investment potential coin . 7,750.00
1875-S, AU-55 . 1,250.00
1877, MS-60, RARE, PROOFLIKE. A mere 1,652
minted . 4, 950.00
1900, MS-67, FULL STRIKE . 4,225.00
Indian Head Quarter Eagles
191 l-D, MS-63, Key date to series. Strong "D"
. 6,950.00
1913, MS-60, FULL STRIKE . 500.00
1914, MS-63 (see color photo) . 2,250.00
1926, MS-67. Incredible frosty surfaces . 4,200.00
1928, MS-63 . 1,000.00
Three Dollar Liberty Gold
185 7-S LARGE'' S'' , VF-35, SCARCE.Problem-free coin . 1,450.00
1858, EF-45, Mintage: 2,133. Rare and elusive date .
. 2,615.00
1859, EF-40. LIGHTLY CLEANED . 1,050.00
1860, MS-67, RARE and UNDERATED. A fully struck coin with full fiery mint luster upon beautiful satin like surfaces. Both Breen and Akers state, "Rare in any grade." Just 7,155 pieces were
struck . 36,75 0.00
1861, EF-45, 6,072 MINTED . 1,860.00
1863, EF-45, 5,039 MINTED . 1 ,860.00
1864, AU-50, SCARCE . 2,345.00
1865, EF-40, 1,165 MINTED . 2,390.00
1866, AU-50, 4,030 MINTED . 2,650.00
1868, AU-50 4,875 MINTED. Scarce date . 2,345.00
1869, EF-40, SCARCE . 1 ,860.00
1870, EF-40, SCARCE . 1,595.00
1878, MS-67, (See color photo) . 21 ,000.00
1879, EF-45, 3030 MINTED . 1 ,900.00
1881, EF-45, 554 MINTED . 3,000.00
1888, AU-50, 5291 MINTED . 2,190.00
1889, EF-40, 2429 MINTED . 1,700.00
Early Half Eagles
1811, MS-60, (See color photo) . 8,950.00
1834 PLAIN 4., EF-45
Indian Head Half Eagles
1908-S, EF-40 . 750.00
1909, MS-63 . 1,595.00
1909-0, EF-40. Lightly polished. Glossy surfaces
as expected on polished gold, otherwise problem- free. The lowest mintage Indian Half Eagle. Mint- mark is clear. One of the key dates. Rare (see color
photo) . 1,250.00
1910, MS-60 . 970.00
1910-D, MS-63 . 3,750.00
19 10- S, MS-60, FULL STRIKE . 5,500.00
191 1- S, AU-55 . 1,150.00
1912- S, AU-55 . 750.00
1913- S, MS-63. Very rare in Mint State . 12,500.00
1914- S, AU-55, RARE . 1,250.00
1916-S, EF-45 . 1,100.00
Liberty Head Eagles _
1839, VF-30. Desirable from the stand point that this design was made for only 2 years. A type coin. Problem free and evenly worn. Considered rare by Akers in any grade. Mintage: 25,80 1 . 1 ,300.00
23
U.S. Rare Coins
1850-0, EF-40. SCARCE AND UNDERRATED. . . . . 995.00
1851-0, EF-40 . 650.00
1854-S, EF-45 . 895.00
1856, AU-55. Falling "6" variety, rare as noted by
Breen . 1,650.00
187 1-S, EF-40. Nice problem free coin for grade ("S" mint mark very weak). Breen notes, "Very rare and not available above VF to my knowledge. Akers notes "Extremely difficult to obtain better than VF, most Fine to VG." Remaining mint
luster around protected devices . 695.00
1873-CC, VF-20 Breen states, "Most specimens have generally been in the VG to VF range. I doubt if more than 15 or 20 are known in all... possibly not more than a dozen." Taxay states, "R-6." Mintage: 4,543; a problem free circulated coin
with usual curl weakness . 1,750.00
1874-CC, EF-40 . 1,295.00
1879-CC, VF-30. Scarce date . 6,750.00
1883, MS-63, FULL STRIKE . 925.00
1893, MS-65 . 4,000.00
1894, MS-64, FULL STRIKE. Copper toning. 1,980.00
1897-0, MS-63. Blazing mint luster . 1,750.00
1899-S, MS-64, (see color photo) . 2,100.00
190 1-S, MS-64 . 1,890.00
1903, MS-64, FULL STRIKE . 2,475.00
1907, MS-64 . 1,890.00
Indian Head Eagles
1907 NO MOTTO, MS-63 . 1,750.00
1908 NO MOTTO, MS-60, FULL STRIKE . . . 3,850.00
1908 WITH MOTTO, MS-60 . 1,000.00
1908-D NO MOTTO, MS-60 . 2,000.00
1908- D WITH MOTTO, MS-60, BRILLIANT 1,750.00
1909- D, MS-60 . 1,800.00
1909- S, MS-60 . 4,250.00
1910, MS-65 . 5,950.00
1910- D, MS-65, FULL STRIKE . 6,200.00
19 10- S, MS-60 . 2,950.00
1911, MS-64, FULL STRIKE . 3,125.00
191 1- D, MS-63 . 16,500.00
191 1- S, AU-55 . 1,950.00
1912, MS-65 . 5,940.00
1912- S, MS-63, RARE . 6,950.00
1913, MS-63 . 1,250.00
1913- S, AU-58 . 17,500.00
1914, MS-64, FULL STRIKE . 4,000.00
1914- D, MS-60 . 1,300.00
1914- S, MS-63 . 6,750.00
1915, MS-63 . 1,250.00
1915- S, AU-50 . 1,750.00
19 16- S, MS-63 . 6,500.00
1926, MS-63 . 1,190.00
1932, MS-67 . 6,300.00
Liberty Head Double Eagles
1851-0, EF-45 . 2,125.00
1855-S, AU-50. Scarce date and lustrous, light abra¬ sions in left field, beautiful strike with light cop¬ pery toning . 1,625.00
1859, VF-20, RARE . 1,950.00
1859-0, AU-50, RARE. Polished very lightly at one
time . 8,950.00
1865-S, MS-60 . 3,950.00
1867, AU-58 . 2,690.00
1870, MS-60, SCARCE . 4,950.00
1872- CC, EF-40 . 1,585.00
1873 CLOSED 3, MS-60, RARE . 4,950.00
1873 OPEN 3, MS-60 . 1,150.00
1873- CC, EF-45 . 1,950.00
1873-S, MS-60 . 1,150.00
1875- CC, MS-63, PROOFLIKE OBVERSE. Under¬
ated "CC" mint especially in Mint State. Frosty devices. May have been rubbed with a jeweler’s cloth at some time . 3,500.00
1876- CC, MS-60. Brilliant and lustrous, usual surface
abrasion although not serious. Hint of prooflike fields. Rare in Mint State and above average for a "CC" twenty . 3,250.00
1878-CC, EF-40 . 1,750.00
1884-CC, MS-63 . 3,250.00
1890-CC, MS-60 . 2,750.00
St Gaudens Double Eagles
1907, MS-60 . 930.00
1908 NO MOTTO, MS-65 . 2,625.00
1908-D NO MOTTO, MS-63 . 1 ,400.00
1908-S, AU-58, FULL STRIKE . 4, 950.00
1908-S MOTTO, EF-45, RARE . 2,250.00
1909/8, AU-58, FULL STRIKE. Blazing mint frost .
. 1,750.00
1910- D, MS-65 . 2,800.00
1911- D, MS-63 . 1,125.00
191 1-S, MS-63 . 1,225.00
1912, MS-65, FULL STRIKE. Superb except for one obverse bagmark on breast. Georgous color .
. 8,750.00
24
U.S. Currency
19 13- S, MS-63 . 2 950 00
1914- D, MS-63 . i’)1255)
19 14- S, MS-64 . 1,650.00
19 15- S, MS-65 . 2,800.00
1922, MS-63 . 1,075.00
1923, MS-63 . 1,075.00
1924, MS-67 . 2,450.00
1924-S, MS-60 . 4,950.00
1925, MS-65 . 1,750.00
1926-D, MS-63. Beautiful light rose toned example of the
elusive Mint State coin . 7,750.00
1926- S, MS-65 . 9,950.00
1927, MS-63 . 935.OO
1927- S, MS-60, RARE. Light rose hues and virtually
unobtainable in Mint State . 1 7,500.00
1928, MS-65 . 1,750.00
Commemorative Silver
Note: Due to the rapidly fluctuating commemorative market, New England is not listing prices this month. For pricing information, please call toll-free: 800-225-6794. In Mass.: 617-227-8800.
California Gold
1855 1/4$ OCTAGONAL LIBERTY HEAD,
DOERING 27, MS-63 . 295.00
1856 1/4$ ROUND LIBERTY HEAD DOERING,
131, MS-60 . 225.00
1860-G 25* OCTAGONAL LIBERTY HEAD, DOERING- 132. MS-60 . 225.00
1867 50< ROUND LIBERTY HEAD, DOERING-
354. MS-60 . 250.00
1868 50c ROUND LIBERTY HEAD, DOERING-35 7.MS-63, PROOFLIKE. . . 375.00
1869 $1 OCTAGONAL LIBERTY HEAD, D-427,
AU-50 . 595.00
1870- G 50c OCTAGONAL LIBERTY HEAD,
DOERING-238. MS-63 . 260.00
1871 1/2$ ROUND LIBERTY HEAD DOERING
364, MS-63 . 350.00
187 1- G 1/4$ OCTAGONAL LIBERTY HEAD,
DOERING 65-C, MS-60 . 225.00
1872 1/4$ ROUND INDIAN HEAD DOERING
104- A, MS-63 . 325.00
1872- G 25c OCTAGONAL, LIBERTY HEAD,
DOERING-60B, MS-60 . 225.00
1873 1/4$ ROUND LIBERTY HEAD DOERING
163, MS-63 . 295.00
1875 1 DOLLAR OCTAGONAL LIBERTY
HEAD DOERING 404, EF-45 . 650.00
1875 25c OCTAGONAL, INDIAN HEAD,
DOERING-9, MS-60 . 235.00
U.S. Currency
New England’s U.S. currency offerings carry the same guarantees of grading and authenticity as our rare coin offerings. For ordering assistance, call toll-free: 800-225-6794.
Large Size Legal Tender
FR# 18 $1, 1869, NEW NOTE . 1,560.00
FR # 20 $1, 1875, CHOICE NEW NOTE . 595.00
FR # 37 $1, 1917, CHOICE AU NOTE. One nearly
undetectable wallet fold from New . 95.00
FR # 39 $1, 1917, CHOICE NEW NOTES. Cut sheet of
4 notes . 1,795.00
NEW NOTE . 210.00
FR # 42 $2, 1869, CHOICE AU NOTE. Light wallet
fold from Gem New . 950.00
• CHOICE NEW NOTE. Bright, original rainbow note . 3,150.00
FR # 95 A $10, 1863, CHOICE NEW NOTE. Bright
vivid note with one very faint pinhole . 2,450.00
FR #122 $10, 1901, NEW NOTE . 1,800.00
FR #128 $20, 1875, CHOICE CU NOTE. Lightly pressed . 1,475.00
Large Size Silver Certificates
FR #215 $1, 1886, NEW NOTE. Bright . 1,360.00
FR #231 $1, 1899, NEW NOTE. Scarce Napier-
Thompson Black Eagle note . 1 ,650.00
FR #233 $1, 1899, CHOICE NEW NOTE . 365.00
FR #237 $1,1923, NEW NOTE . 85.00
NEW NOTES. Cut sheet of 4 notes . 495.00
CHOICE NEW NOTE . 115.00
CHOICE NEW NOTES. Cut sheet of four notes.
. 595.00
FR #238 $1, 1923, NEW NOTES. Cut sheet of 4 notes.
Serial # B7-17E through B7-20E . 495.00
CHOICE NEW NOTE . 130.00
CHOICE NEW NOTES. Cut sheet of 4 notes. . . .
. 595.00
GEM NEW NOTE . 120.00
FR #281 $5, 1899, GEM NEW NOTE . 2,975.00
25
World Coins
Fractional Currency
FR $1226 3<t, 1864-1869, NEW NOTE. Tight left
margin . 65.00
NEW NOTE . 150.00
FR #1226 34, 1864-1869, NEW NOTE. Tiny pinhole
. 175.00
FR #1232 5c, 1863-1867, NEW NOTE . 130.00
FR #1238 5<t, 1864-1869, NEW NOTE . 130.00
FR #1239 5<t, 1864-1869, CHOICE NEW NOTE. . .
. 160.00
FR #1242 10c, 1862-1863, NEW NOTE . 160.00
FR #1256 IOC, 1864-1869, NEW NOTE . 135.00
FR #1259 104, 1869-1875, GEM NEW NOTE 250.00
FR #1266 104, 1874-1876, NEW NOTE . 100.00
CHOICE NEW NOTE . 125.00
FR #1301 254, 1869-1875, NEW NOTE . 115.00
FR #1308 254, 1874-1876, NEW NOTE . 50.00
FR #1311 504, 1862-1863, NEW NOTE. Rare without monogram, perforated 50tf note. Auction records of $1000 for Gem New in 6/80. . . . 575.00
FR #1374 504, 1869-1875, NEW NOTE . 390.00
FR #1380 504, 1874-1876, NEW NOTE . 70.00
FR #1381 504, 1874-1876, NEW NOTE . 125.00
Small Size Gold Certificates
FR #2300 $1 193 5-A, HAWAII, NEW NOTE. . . 50.00
CHOICE NEW NOTE . 60.00
GEM NEW NOTE . 90.00
FR #2304 $20, 1934 HAWAII, VF NOTE. Scarce 1934
$20 Hawaii . 45.00
FR #2309 $10 1934-A NORTH AFRICA, CHOICE AUNOTE . 40.00
National Bank Notes
DISTRICT OF COLUMBIA FR #1802-1 $20, TYPE I, CHOICE NEW NOTE. Riggs National Bank of Washington. Number 5046. Rarity 4. . . .
. 110.00
INDIANA FR # 1800-2 $5, TYPE II, GEM NEW NOTE. Citizens' National Bank of Evansville.
Number 2 188 . 100.00
MASSACHUSETTS FR # 1801-2 $10, TYPE II, CHOICE NEW NOTE. First National Bank of
East Hampton. Number 428 . 65.00
OHIO FR # 1801-1 $10, TYPE I, CHOICE NEW NOTE. First National Bank of Toledo. Number
91. Popular low charter number . 85.00
WISCONSIN FR # 1800-1 $5, TYPE I, GEM NEW NOTE. First National Bank of Wausau. Number 2820 . 90.00
Ancient & World Coins
A complete list of New England’s ancient and world coin offerings can be found in our bi¬ monthly catalog, New England World Selec¬ tions. For a free subscription, call toll-free:
800-225-6794.
Foreign Gold
W-18 GERMANY: HAMBURG, 1877-J, GOLD FIVE MARK, MS-63. Rare one year type. Only 79,000 struck . 1,150.00
W-28 GREAT BRITAIN: 1909 GOLD SOV¬ EREIGN, MS-63. A choice, frosty specimen. Edward VII sovereigns in Mint State are very scarce! . 495.00
W-42 RUSSIA: 1783, GOLD TEN ROUBLE, FR-112, MS-60. St. Petersburg mint. Rare and one of the finest examples we have seen. Lustrous . 5,950.00
Foreign Crowns
W-5 7 AUSTRIA: 1857, DOUBLE TALER, DAV- 20, PROOF-63, CAMEO. Only 1,644 examples struck. Commemorates the opening of the Vienna-Trieste railway. Rare and in demand . 4,500.00
W-103 GERMANY: OLDENBURG, 1901-A, FIVE MARK, J-95, MS-65, PROOFLIKE. Exceedingly rare one year type, 170 proofs struck. The rarest “Kaiser- Reich” crown! . 12,500.00
W-130 SPAIN: 1811, 20 REAL, D-308, MS-63. Madrid mint. The finest Spanish 20 real we have seen. Fully struck, full lustre! . . 3,950.00
Foreign Minors
W-231 GERMANY: LIPPE, 1906-A, TWO MARK, J-78, PROOF-63, CAMEO. Very rare one year type. A handsome cameo proof! . 1,400.00
W-274 GREAT BRITAIN: 1839, SHILLING, MS-65. Gorgeous toning! A Pristine example! Rare this choice . 895.00
W-333 NEW ZEALAND: 1935 FLORIN, Y-4, PROOF-65. Only 364 proofs struck. Very popular issue . 1,250.00
26
Lincoln Cents
(Continued from page 6)
variety. (A few 1944 cents are also believed to have been struck on 1943 “steel” planchets, creating another rarity — the 1944 “steel” cent.) In 1947, the original alloy was resumed and the cent re¬ mained unchanged for 22 years.
The Lincoln Memorial reverse
n 1959, as part of the 150th anniversary celebration of Lincoln’s birth, the reverse of the cent was revised. Once again, as in 1909, there was no formal competition for a new design. Assistant Engraver Frank Gasparro prepared the winning entry, which was similar to the reverse of the five dollar bill. His design showed the Lincoln Memorial in Washington, D.C., as viewed from the front. The motto, “E PLURIBUS UNUM,” and the words “UNITED STATES OF AMERICA” appeared above the Memorial and the denomination was shown at 6 o’clock. The artist’s initials were located at the lower right side of the Memorial.
The Lincoln Memorial reverse, introduced in 1959, <was similar to the reverse of the five dollar bill, but collectors were disappointed that much of the design detail was lost on the coin. In contrast, the currency has shading to give the design a feeling of depth.
Collectors eagerly awaited the new cent. This was the first change in regular coinage since the in¬ troduction of the Franklin Half Dollar in 1948. Yet when it was finally released, many expressed disap¬ pointment that much of the design detail was lost on such a tiny coin. They felt that a lack of shading erased any feeling of depth. In contrast, the reverse of the five dollar bill had shadows breaking up the lines of the building and giving the design more perspective. Since 1959, the Lin¬ coln Cent has had no major design changes, though over the years the portrait has been re¬ duced slightly and the size of the engraver’s initials has been modified.
The composition of the cent remained the same until 1962, when tin was again eliminated from the alloy. Mint officials, remembering the 1944-1946 variety, decided this change would not affect the wearing qualities of the coin though it would result in production advantages. The coin escaped another composition change in 1974, when copper prices escalated to a record high and the treasury department considered aluminum as an alter¬ native. The vending machine industry and the medical profession vehemently opposed such a change. (The American Academy of Pediatrics was upset because thousands of children swallow cents each year and aluminum does not show up on x-rays.) During this controversy, the price of cop¬ per took a downhill swing and Mint officials de¬ cided the change was unnecessary.
Recently, however, the price of copper has become extremely volatile. When the metal rises above $1.12 a pound, which has occurred several times during the last two years, production costs for a single cent exceeds the coin’s value. In addition, when these peaks occur, speculators hoard the cents hoping to make a profit. As a responding measure, the treasury department plans to change the composition of the cent to 97.6% zinc and 2.4% copper by the fall of 1982. Officials agree that zinc prices are more stable than copper since they are subject to less price fluctuations. The new com¬ position will be phased in gradually and the size and thickness of the cent will remain the same as the current variety.
Today, collectors and investors interested in Lin¬ coln Cents specialize in either a complete set from 1909 to date, or a “short” set from 1941 to date. Both are peppered with an interesting selection of numismatic rarities that currently offer tremendous financial potential. Because copper is extremely susceptible to “carbon spotting,” many enjoy the challenge of assembling an Uncirculated set of original mint red specimens.
Key dates include the popular 1909-S VDB, dis¬ cussed earlier in this article, and the 1914-D, which is the rarest of the regular issue Denver Lincoln Cents. A great deal of publicity has surrounded this issue because there are a number of counterfeits on the market. Coin alterers have been known to cut away part of the first “4 on a genuine 1944-D. (An altered coin will have slightly more space between the “9” and second “1” of the date. Also, engraver’s initials should not appear on a genuine 1914-D.)
27
Lincoln Cents
Another key to the series is the 1922 “Plain” variety. This coin was struck at the Denver Mint — as all cents were that year — but the “D” mint- mark did not show because of a filled die. Counterfeits are also rampant with this issue and a genuine Uncirculated specimen is a great rarity. A 1922 “Plain” in MS-65 currently retails at about $12,000.
Many collectors include at least one Matte Proof specimen in their collection. When these coins were first released in 1909, they were shunned by collectors who were used to the Brilliant Proof finish on Indian Head Cents. Since the Matte Proof finish was difficult to distinguish from Uncir¬ culated issues, a large number were lost to the numismatic fraternity by entering circulation. This variety was short-lived, officially ending in 1916, though a unique 1917 specimen was struck as part of a Proof set. The most costly Matte Proof specimen is the 1909 VDB, which presently retails at about $3,000 in Proof-65.
The “short” Lincoln set contains one of the more interesting numismatic blunders in modern coinage history — the 1955 Double Die. This variety was created when a working die was struck twice by the master hub. As a result, each coin struck from this die appeared doubled. (In con¬ trast, a double struck coin is when the planchet is actually hit twice.) A smaller amount of 1972 cents with obverses struck from a doubled die are also known to exist. This is the second most difficult issue to obtain in the “short” set.
Outside of numismatics, the diminutive Lincoln Cent is one of the nation’s most popular coins. After 72 years in existence, there are no current plans to end the series. In fact, in 1975 when the Research Triangle Institute recommended the cent be discontinued because of its limited use and in¬ creasing cost of manufacture, the proposal was quickly squelched by consumers and tax agencies.
Though the days are long past when a single Lin¬ coln Cent bought a piece of “penny candy,” a newspaper, or a slab of bubble gum, this tiny bronze coin still performs a necessary function in today’s modern society.
Abraham Lincoln, the 16th President of the United States, served in office from 1860 to 1865, during the tumultuous Civil War period. This famous photograph of Lincoln was taken on November 15, 1863, four days before his delivery of the Gettysburg Address.
Reference Information on Lincoln Cents
□ Basic Knowledge. Compiled and Edited by the Staff of Coin World. 8th Edition.
□ The Coin Dealer Newsletter Monthly Sum¬ mary — October, November, 1980.
□ Coin World Almanac. Compiled and Edited by the Staff of Coin World. 3rd Edition. 1976.
□ The Comprehensive Catalogue and En¬ cyclopedia of U.S. Coins (Scott). Edited and Revised by Joseph H. Rose and Howard Hazelcorn. 2nd Edition. 1976.
□ A Guide Book of United States Coins (Red- book). R.S. Yeoman. 34th Edition, 1981.
□ Major Variety and Oddity Guide of United States Coins. Frank G. Spadone. 7th Edition. 1977.
□ Selections from The Numismatist — United States Coins. American Numismatic Association. 1960.
□ United States Pattern, Experimental and Trial Pieces. J. Hewitt Judd, M.D. 5th Edition. 1974.
□ The World of Coins and Coin Collecting.
David L. Ganz. 1980.
28
World Coins
World Coins
Following the Lead of U
♦S* Coins
1980-1981 has been an exciting period for world coin enthusiasts. Top-quality world coins have realized outstanding prices at public auction in re¬ cent months, with dealers and collectors alike out¬ bidding list prices. At the recent Basel Auction in Switzerland, for example, a Spanish 1773 8-reales in Proof was offered for an estimated $2,700.
When the coin cold, however, it was for a record high price of $20,000.
Market activity like this has fired widespread en¬ thusiasm for world coins among many collectors who, in the past, had only collected U.S. coinage. In fact, some collectors have seen parallels between the current state of the world coin market and the early stages of the U.S. rare coin boom that peak¬ ed last summer. The first indication of that boom was the widespread willingness of rare coin dealers to pay more than the asking price for Gem-quality U.S. coins. Today, that same attitude seems prevalent among dealers for world coins.
What’s more, U.S. coin collectors have noticed that the world coin market seems to have one ad¬ vantage that the U.S. coin market lacked. World coin prices advance in a “leap-frog” manner, with the buying habits of foreign countries affecting the world coin buying habits of the U.S. market.
For instance, if the collector demand for German coins increases in this country, many U.S. dealers tend to outbid German buyers for German coins. Our market thus “leaps ahead” of Germany’s for German coins. But as German collectors and dealers realize that they’re experiencing U.S. com¬ petition for their coins, they, in turn, become more aggressive in their purchasing. This causes German buyers to begin outbidding Americans, and prices in Germany “leap ahead” of U.S. prices. The more times this happens — i.e. the
- by Deborah D. Bartlett
more one market leaps ahead of the other — the more world coin prices tend to increase.
In addition to monetary considerations, however, there are also many other reasons why world coins are becoming so popular today. Probably most significant is the fact that many world coins are works of art. Foreign engravers have traditionally been allowed more artistic freedom than was per¬ mitted their U.S. counterparts. As a result, whether depicting religious or historical themes, the virtues of the issuing state or royal portraiture, many foreign coins are miniature masterpieces.
Another reason for U.S. collectors now being at¬ tracted to world coins is that these collectibles have historically been undervalued in relation to comparable U.S. coins. For example, an American 1894 Barber Dime in Proof was valued three years ago at $450, while a foreign coin of equivalent rari¬ ty — a German 1908 Half Mark in Proof — had an estimated worth of only $50. Even today, those same two coins are valued at $2,500 and $450, respectively.
Historically, however, world coins have been very popular collectibles. In the past, Roman patricians collected Greek coins, 14th century Italian nobles collected Roman coins, and the English upper classes considered the study of ancient world coins an integral part of a proper education. Americans are currently overcoming their own national preference for U.S. coins to also appreciate world
29
World Coins
coins’ merit as a means of diversifying U.S. rare coin collections. A diversified collection is not only more interesting than one featuring coins of just one country, it’s often more marketable when it comes time to sell.
As another contributing factor to world coin growth, several new publications on the subject have recently been introduced. Foremost among these is the Standard Catalog of World Coins, released by Krause publications. With its thousands of prices and mintage figures, the Standard Catalog has removed much of the mystery from collecting world coins. Another very important publication is Les Fox’s new In¬ ternational Green Sheet. Like its U.S. counter¬ part, The Coin Dealer Newsletter, (“The Grey Sheet”), the The Green Sheet summarizes im¬ portant trends in the world coin market.
In general, world coins from those countries with strong collector bases and active economies have shown the greatest tendencies to increase in value. For a more detailed explanation of the world coin market, please don’t hesitate to con¬ tact New England Rare Coin Galleries’ World Coin Division.
Market Report
(Continued from page 4)
German coins have been leading all other world coins in popularity in the U.S. over the past few months. In fact, coinage from the German states from 1800 to 1872 — especially in Mint State — is becoming very difficult to locate. The very popular commemorative series from the Weimar Republic (1923 to 1933) in Mint State and Proof are also a challenge to find.
Another area that’s experiencing healthy growth is coinage from Canada and the Maritimes, in¬ cluding minor coinage from 1858 to 1936, Silver Dollars from 1935 to 1955, and all Mint State gold. Interest is also increasing in very rare Specimen Proof issues. It’s unfortunate that this last area has traditionally been overlooked by col- lector/investors since many of these coins were struck for official presentation to VIP’s and were therefore mintages of fewer than 25 pieces.
Fractional Currency continues to show slow price advances, though there is still a lack of Choice and Gem material on the market. Uncut currency sheets are also holding steady, particularly issues in Uncirculated Gem condition. Choice and Gem quality notes in the under $4,000 range have reached a low point, but they are expected to en¬ joy a flurry of price jumps in the near future. This is evidenced by the fact that dealers and collectors are willing to buy the notes at higher rates than one or two months ago.
World Coins
World coins are still enjoying an escalating market, with trading activity most prominent with coinage from “hard currency” countries, such as Canada, Japan, Switzerland, England and Germany. These countries have national economies backed by gold, silver, or natural resources, which indicates a stable, healthy government. Here we also find ac¬ tive collector bases that participate in both the domestic and international coin market. In con¬ trast, nations in the Far East and Third World have much weaker governments, with economies backed by the “faith” in the future growth of the government. The majority of the population sur¬ vives on a day-to-day basis, and coin collectors are a rarity. The domestic demand for coins from these countries is slim. On the other hand, nations like Spain and Italy have strict coin exportation laws. Though coins from both countries are in de¬ mand, their prices are rising at a slower pace because of the restricted flow to foreign collectors.
30
Ordering Information
To Order
Once you have decided upon the coins and/ or currency you would like, call New England Rare Coin Galleries toll-free to reserve your purchases. (Our toll-free number is listed below.) Then, com¬ plete the enclosed order form and send it to New England in the post-paid business envelope pro¬ vided. Our numismatists will send you your coins and/or currency promptly. Orders of $150 or more entitle you to a free 1-year subscription to Inven¬ tory Selections.
Please remember that, because of today’s coin market activity, coins and currency offered in this catalog is subject to prior sale and to changes in price without notice. It is always a good idea to call New England before you order to confirm the availability and price of the piece(s) you want.
If, for any reason, you are not satisfied with your purchases, you may return them within 45 days of the date you received them for a full refund or replacement.
New England’s multi-million-dollar inventory con¬ tains hundreds of numismatic specimens which are not listed in this catalog. If you don’t see what you’re looking for, call our toll-free number. Or send us your Want List and we’ll use our com¬ puterized facilities to help you locate the coins you desire. (There is no charge for Want Lists service, and you are under no obligation to buy.)
Cash payments:
We suggest that you never send cash through the mail. When ordering coins from New England, enclose a check or money order along with your order form.
Credit cards:
New England honors VISA, Master Card and American Express credit cards. We also offer our own card, the New England Personal Service Card, entitling you to:
Approval Account Service: Whereby you can personally examine coins before you purchase them ($100 minimum order, pay¬ ment in full due in 30 days.)
Deferred Payment Service: Makes fi¬ nancing your rare coin purchases easy. 25% down, 25% each 30 days for a maximum of 90 days, and no interest charges! $500 is the minimum order allowed under this plan, $5,000 is the maximum.
To apply for your New England Personal Service
Card, call us toll-free.
Ordering assistance:
For ordering assistance, call New England toll-free:
800-225-6794. Or contact any of our branch offices
listed on the back of this catalog.
Staff Credits
NUMISMATIC
Ann Alongi Paul Battaglia Lee J. Bellisario Joel Brownstein Donald Dee Bruce Dubin Frank Garofalo Jim Halperin Jill Hansen Roy Hoagland Ed Kalp Richard Kosta Ken Krah
Tim LaPointe Kent Loose Warren Mills Joseph Pattison Martin Paul Nelson Powers Andy Seminario Michael Storeim Tom Sullivan Russell P. Vaughn Jim Young Gene Yotka
EDITORIAL
Editor .
Administrative Advisor Assistant Editors .
Art Director .
Graphics .
Photography .
Typography .
Cataloging .
. . Gregory P. Potter Luise Cahill Dittrich Deborah D. Bartlett Ann Marie Reis .... Susan Hansen
. Randy Glenn
. . . Bruce Anderson Thomas Anderson . . . Karen Ginsburg . Bruce R. Longyear
World Headquarters:
89 Devonshire Street, Boston, Massachusetts 02109 Toll-free: 800-225-6794 □ In Mass.: 617-227-8800
California:
9494 Wilshire Boulevard, Beverly Hills, California 90212 Phone: 213-826-8988
Florida:
125 Worth Avenue, Suite 110, Palm Beach, Florida 33480 Phone: 305-655H999 □ Florida toll-free: 800-432-7544
World’s Largest Rare Coin Dealer
New England Rare Coin Galleries