DHRC 4020-01 Velvet Tray #33

Transcription

“for those special coins”— VT Issue #77
the
VELVETTRAY
www.davidhall.com
Gold, Coins, and Your Net Worth!
Guest Columnist, David Hall
Ok, I’m not really a guest columnist, but Van usually does the Velvet
Tray commentary. Van and I have been talking about gold a lot lately
and Van has asked me to share my thoughts on gold with all of our
clients, so here goes…
Everybody seems to be talking about gold nowadays. And many socalled experts have been predicting gold prices to go to $2,000, $3,000,
and even $5,000 per ounce. I am not going to make any predictions.
What I will do is present a somewhat different view of how to think
about gold. We’ll start with the fundamentals.
I don’t want to beat dead horse and I’m sure you’ve probably heard
this all before, but the bottom line is that the United States has a fiat
currency. And you need to think about that in a way that gets your head
on straight about gold, coins (if you like coins), and your real net
worth…not your dollar-denominated net worth (that’s part of the grand
scheme that’s been foisted on us all), but your real tangible net worth.
The paper money in your wallet and the “electronic” money in your
bank accounts is supposedly backed by the “full faith and credit of the
U.S. Government.” It’s not backed by gold or any other tangible asset.
This “money” is just a bunch of pieces of paper that proclaim “This
note is legal tender for all debts public and private.” It’s just paper. And yes you can go to the
grocery store and exchange this paper for food.
But the fact is that this money buys less food
than it did a year ago, which was less than it
bought ten years before that, which was less
than it bought 20 years ago, which was way
less than it bought 30 years ago. I won’t take
your time and review
the obvious…let’s just
state what we all
know…the value of the
U.S. dollar has deteriorated dramatically over
the long term. If you’re
older than a teenager
you’ve seen the purDavid Hall
chasing power decline
dramatically. It’s a fact that no one can dispute.
The question is what can you do about it?
The first thing you need to do is to get your
head on straight about the value of the dollar
Continued on page 2
1932 $20 Saint, PCGS MS66
A absolutely superb specimen. One of the rarest issues and one of the most important
United States coin series. The $20 St. Gaudens was minted between 1907-1933. The
coinage stopped when President Roosevelt made gold ownership for U.S. citezens
illegal in 1933 (that prohibition was repealed in 1975). Twenty dollar gold pieces
were not used in everyday commerce, and were mostly allocated to large ( mostly
international ) business transactions. The Philadelphia issues from 1924-1928 are the
most commonly seen issues. The St. Gauden issues from the years 1929-1933 are all
extremely rare in all grades. They were not saved at the time of issue and most were
turned in when gold was recalled in 1933...and the majority of those coins hit the melting pots. The 1932 has
a survival rate of somewhere less than 100 coins in all grades. Most coins exist in the MS64 grade with a few dozen
MS65 in existence. PCGS has only graded 8 examples MS66 (including this wonderful Gem) with 1 example grading
MS66+. Twentieth Century gold expert, David Akers, wrote the following statement in his monumental book on the
St Gaudens series: "Most 1932 double eagles are very frosty, but some have a definate satiny texture to the surface.
Typically, the 1932 is very sharply struck, although it is not unusual to find a specimen, usually one of the satiny
ones, with a softness or lack of definition on the figure of liberty. Some specimens have obvious signs of metal flow
near the rims. As a rule, a high grade 1932 is a great looking coin with outstanding luster and color. The color on
most specimens is a medium to rich yellow or greenish gold, but there are also a number of examples with light to medium orange and
greenish gold color." Note that all the 1929-1933 $20 St Gaudens usually come in very nice condition with incredible luster and eye
appeal. The only real problem is the number of marks. The coins that do survive are the ones that were saved at the time of issue and
they were handeled with obvious care. This specimen is one of the finest 1932's we have ever seen. It is not soft in the devices and it
has the rich yellow/greenish gold look. It exhibits incredibly vibrant luster and tons of life. It's an absolutley fantastic St. Gaudens,
regardless of it's rare date status. We would estimate that it's certainly one of the top 5 examples known of this very rare and important
20th Century gold rarity........................................................................................................................................................................$165,000
Coin of
the
Month
Van@davidhall.com • 1-800-759-7575 • Complete listings and images for all coins at www.davidhall.com
2
and the price of gold…and everything else. Don’t think I’m going
all radical on you, but I truly believe this is all just a big government ponzi scheme. I don’t think the politicians think consciously
about reducing the purchasing power of the dollar and I doubt
that they call what they do a ponzi scheme. I’m pretty sure politicians just think about getting re-elected and the tools to accomplish that are silly deficit spending and catering to special interests and/or anyone who will vote for them. But this whole mechanism is a ponzi scheme of sorts…robbing Peter to pay Paul, in
this case robbing the future to pay the present. And it is destroying the value of the dollar. And it’s put our country in a pretty precarious position. This robbing the future to pay the present has
been going on for decades and eventually there comes a point
when the house of cards gets pretty shaky. When, if, and how the
house of cards get shaken into a different reality is something I
don’t know. But I do know that it is now mathematically impossible for the U.S. Government to pay its debt.
The question is what to do about the dollar denominated
house of fiat money cards. And the first thing I think everyone
should do is get their head on straight about dollar denominated
thinking. This is part of the problem. You think you live in a million dollar home. But a lot of people live in million dollar
homes…it just doesn’t mean what it used to. In 1962, my parents
bought a house in Santa Ana, California. It was pretty nice for the
time…1500 square feet, 4 bedrooms, and a real swimming pool.
I’ll even give you the address…914 N. Mountain View, Santa
Ana, California. You can go to Zillow.com and see a picture of that
house and the swimming pool I swam in as a teenager. My parents paid $12,000 for the house. At the time there were no million dollar homes…maybe Hearst Castle, but no real homes. An
ultra mansion, the biggest in Beverly Hills, was maybe
$100,000…maybe. According to Zillow.com the house at 914 N.
Mountain View is now worth $377,000 (down from $600,000 in
2007). But did the house really go up 31 times, i.e. 3000%, in the
past 48 years? Let’s look at it a different way. In the 1962, the
price of gold was $38 an ounce so it would have taken 317
ounces of gold to buy that house. As I’m writing this gold is $1220
an ounce so today it would take 309 ounces of gold to buy that
house. So, if my parents were alive and they still owned that
house they could say they had made over $350,000 on that house.
But would they really have? They would if you think of that house
as a dollar denominated asset. But in terms of their real tangible
net worth nothing has really changed. And you know what…that
house is still the same house (basically) that it was in 1962. The
house hasn’t changed, and an ounce of gold hasn’t changed.
What has changed is the value of the dollar, and the dollar’s value
has collapsed long term.
Let’s talk about gold and getting your head on straight about
the value of the dollar. When it comes to gold, you need to avoid
the trap of thinking about the price of gold in U.S. dollars, or any
other currency for that matter. When it comes to the
gold I personally own, I NEVER THINK ABOUT THE
PRICE OF GOLD IN DOLLARS. It’s not the number I pay
attention to. The number I think about is THE NUMBER
OF OUNCES I OWN! That’s the number I want to get bigger. And I don’t care about the price of gold in dollars. If
the dollar price goes down, I buy more. If it goes up, I
smile. Either way I’m happy…and it’s also very liberating. We have some clients that are always trying to pick
the best time to buy some gold. We have a few that
have been waiting for the right time since gold was
$450 an ounce. But I never try to pick the best time to
buy gold, I just buy it when I feel like I want some more.
And I advise you to take the same approach. It’s so much
simpler and so much less stressful. You should own
gold…no question about that. And you should buy gold
when you feel like you want to own it.
What about rare gold coins, or rare coins in general?
They are another tangible asset class and a great one at
that. And over the long term, they’ve been an even better hedge against the dollar than plain gold bullion. It
would have taken a lot more proof gold coins, rare $20
St. Gaudens, 19th century silver type coins, Gem quality Walking Liberty half dollars, etc. to buy the house at
914 N. Mountain View in 1962 than it would today as
unlike gold bullion which has held it’s value compared to
that house, Gem quality rare coins have actually gone
up in real value. And rare coins have a tendency to lag
during sharp run-ups in gold prices. So right this
moment, rare coins are relatively inexpensive as a real
asset class. But like with gold bullion, you need to get
your head on straight about prices. The right time to buy
is when you want to own some coins.
Bottom line…the dollar will continue to depreciate
in value long term, and nothing will be done by politicians to stop the trend. They couldn’t even if they
wanted to anyway. So make sure you own some gold
bullion, and if you like rare coins, now’s a great time for
them too.
Get some gold and have fun with your coins!
David Hall
3
MASSACHUSETTS SILVER
NICKELS
1652 Colonial, Pine Tree, Lg Planchet PCGS
AU55 – Super high grade example of one of the
most historically important coins. The
Massachusetts silver coins, dated 1652 but
struck between 1652 and 1682 were literally
thumbing their nose at the British Crown. It
was illegal of the colonists to strike their own
coins, but they did it anyway, backdating the
coins. The Massachusetts silver coins were
crudely manufactured. They were usually not
saved, so high grades are very rare. This specimen is a lovey Almost uncirculated with just a
touch of wear on the high points. The coin
retains much of its original luster. The color
and eye appeal are fantastic. This is a really
beautiful example of one of the truly important
United States coin issues.......................$16,500
1905 Liberty Nickel, PCGS MS65 – A super
flashy Gem example of this popular 20th
Century type issue. The surfaces are clean and
the strike is bold with full corn stalk on the
reverse..........................................................$595
1883 Liberty Nickel, With CENTS PCGS
PR66 – A deep mirrored cameo Gem. The fields
are depply mirrored with light cameo devices. A
truly superb example. PCGS has only graded 4
examples higher in the past 25 years..........$975
1916-D Buffalo Nickel, PCGS MS65 – A
superb example of this scarce early Denver
Mint Buffalo Nickel...................................$2,150
HALF CENT
1804 Draped Bust Half Cent, Spike Chin
PCGS MS64BN – The 1804 "Spiked Chin" half
cent is one of the most famous half cent varieties. At the time of striking there was a die
break that resulted in what looks like a "spike"
coming directly out of miss liberty's chin. Thsi
popular variety is very rare in mint state. PCGS
has only graded 6 examples MS64 BN, with just
1 example MS65 BN. PCGS has never graded an
1804 spiked chin red brown or red. This example has very clean mark free surfaces. The
strike is quite bold and the luster is iridescent
and totally original. This is a very high end
example for the grade and probably the 2nd or
3rd finest known of the variety.................$6,500
CENTS
1898 Indian Cent, PCGS MS66RD – This is a
gorgeous full red example of this date.....$2,275
1909-S/S Lincoln Cent, S/Horizontal S PCGS
MS65RD – This is a gorgeous Gem example
of this important Lincoln cent variety. This variety is a rare key date in any grade, and the
S/Horizontal S variety is very rare. This example
has beautiful original red surfaces and fantastic
iridescent luster.........................................$1,375
1924-D Buffalo Nickel, PCGS MS65 – A gorgeous, full luster Gem. The surfaces are outstanding and the strike is exceptional. The look
is absolutely wonderful. PCGS has only graded
1 example of this scarce date higher than MS65
in the past 23 years..................................$3,950
HALF DIMES
1839 Liberty Seated Half Dime, No Drapery
PCGS MS66 – A super frosty, original luster
Gem. The 1839 No Drapery half dime is one of
the first issues from the Liberty seated half
dime series. The No Drapery from the elbow,
which was only made for 3 years (1838-1840)
makes this a 3 year only type coin. This example has super clean surfaces and an absolutely
razor sharp strike ( every feature of every star,
miss Liberty's hair, and every single leaf upon
the reverse wreath shows 100% full detail). The
coin has blast white color, but the luster is
creamy and totally iridescent...convincing me
that this coin has never been cleaned or played
with. A truly remarkable Gem!................$3,900
1840 Liberty Seated Half Dime, No Drapery
PCGS MS66 – A wonderful example of this
important three-year type coin! Frosty white,
with just a touch of a blue-gold patina. The
surfaces are pure satin, and the strike is full on
every element. No Drapery type coins will be in
demand forever. An absolute GEM!........$3,900
1853 Liberty Seated Half Dime, Arrows
PCGS MS66 – A truly superb example of this
important 3 year only type coin. The arrows
were added to the date in 1853 to signify a
change in silver content. This made for a 3 year
only type coin as the arrows were removed in
1856. This example is as fresh and original as
the day it was struck. The surfaces are virtually
perfect and truly superb. The strike is absolutely
amazing. The seated half dimes almost always
come with some areas that are softly struck,
but this issue exhibits full detail of every single
star and full detail of miss liberty's hair, along
with matching razor sharp detail of the reverse
wreath. Truly superb type example...........$3,350
1854-O Liberty Seated Half Dime, Arrows
PCGS MS65 – A superb example of this scarce
New Orleans type issue. The surfaces are fabulous and the strike is sharp. The luster is frosty
and original. PCGS has only graded ten examples MS65 in the past 18 years with just two
examples graded higher. These early issues
from the New Orleans mint are quite scarce in
Gem condition............................................$3,975
1858 Liberty Seated Half Dime, PCGS MS66 –
A superb Gem type example. The surfaces are
super-clean and mark-free and the coin has rich
original golden rainbow toning.................$1,750
A frosty Gem example that is very rare in all
grades. The surfaces are clean and free of any
major marks. The luster is very white and
frosty. The coin is interesting in that it exhibits
clash dies on the obvere and a minor die break.
This date has such a low mintage that essentially all examples are early strikes, and it is
hard to explain the minor die crack and how a
new die could fail so early in the minting
process. Maybe that had something to do with
the low mintage. Either way, this coin is not
only very rare, it is also numismatically quite
interesting. Note that PCGS has graded a mere
10 examples MS65, with just 7 examples grading higher...................................................$2,450
A gorgeous condition census example of this low
mintage date. The 1868 half dimes are rare in all
grades and Gems are quite rare. This example
has virtually perfect, semi proof-like surfaces.
The strike is exceptionally bold and the color is a
deep turquoise blue. This is a stunning example
of the type and probably one of the top 4 or 5
finest examples of the date.......................$2,750
4
Half Dimes Continued
1872-S Liberty Seated Half Dime, Mintmark
Below PCGS MS66 – A super frosty, truly
suberb Gem example of this important 19th
Century silver type issue...........................$14,50
DIMES
1871 Liberty Seated Dime, PCGS MS65 –
This is one of the finest known examples of this
date. PCGS has graded a mere 4 examples
MS65 in the past 24 years, with just 5 examples graded higher. The 1871 is actually a very
scarce date in mint state, and it's clearly evident when you consider that there are only 32
examples found in ALL mint state grades. Gems
grades are obviously very rare and this is one of
the top 10 examples for the date. The surfaces
are exceptionally clean and the luster is white
and frosty. This is a beautiful condition census
example.....................................................$2,450
1877-S Liberty Seated Dime, PCGS MS66 –
A gorgeous pure white full lustered Gem. One
of the 2 or 3 finest for the date. The 1877-S is
quite scarce in mint state condition and very
rare in Gem condition. In 1877, the liberty seated dimes were simply not saved in San
Francisco. This example is truly superb with
very clean surfaces. The strike is quite bold and
the luster is white and very flashy. PCGS has
only graded 2 examples of this date MS66 in
the past 24 years with just 1 graded higher. This
is one of the top 2 or 3 finest known examples
of this conditionally rare date...................$4,750
1881 Liberty Seated Dime, PCGS MS66 –
A truly superb example of this very low mintage
date. Note that a mere 24,000 coins were originally minted in 1881, making this a rare issue in
any grade. Mint state examples are very rare
and superb examples are few and far between.
In fact, PCGS has graded a mere 6 examples
MS66 in the past 24 years and none have ever
graded higher. This specimen has remarkable,
super clean surfaces. The strike is 100% full,
and as sharp as you will ever see on any liberty
seated dime. The luster is magnificent: white
with a tinge of color. This is certainly one of the
finest known examples of this low mintage
issue and could quite possibly be THE finest
known example in the MS66 grade..........$4,450
1858 Liberty Seated Dime, PCGS PR65 – A
gorgeous Gem example of this very early proof
issue. Note that the stars obverse type of liberty
seated dime was only made through 1859...so
consequently proofs of this type are very rare.
This example exhibits very deeply mirrored surfaces and unattributed cameo devices. The color
is a deep blue rainbow. The eye appeal is fantastic and if you are a fan of Gem rainbow type
coins, you will love this coin.......................$5,450
1937 Mercury Dime, PCGS PR66 – A very
deeply mirrored, truly superb Gem...............$695
QUARTERS
1882 Liberty Seated Quarter, PCGS
PR67CAM – One of the finest known examples
of this date. In the past 25 years PCGS has only
graded 2 1882 quarters PR67 cameo and none
have been graded higher. PCGS has never graded
a deep cameo 1882 quarter PR67 deep cameo.
This coin has extremely deeply mirrored surfaces
and pure white cameo devices. The contrast and
eye appeal are spectacular........................$6,900
1908 Barber Quarter, PCGS MS65 – A gorgeous, bright frosty Gem with a bare trace of
original golden toning that proves the originality
of this excellent type example..................$1,175
1858 Liberty Seated Quarter, PCGS MS66 –
A frosty white Gem example of this "No Motto"
type issue. They are much rarer than the later
"with motto" type quarters, especially in Gem
condition. This example has outstanding details
and super flashy white luster...................$6,500
1866 Liberty Seated Quarter, Motto PCGS
MS65 – A Gem example od a very rare Civil
War era issue. A mere 16,800 coins were originally minted in 1866 and this issue is rare in all
grades. Only a handful of mint state example
survive today. PCGS has graded 7 examples
MS65 and only 1 example MS66. This example
has very clean surfaces and very frosty luster.
Note that ALL examples of this issue have some
weakness of strike on the left side of the shield
on the reverse. This example is no exception in
that regard...it is however, one of the finest
known examples of this very rare date.....$8,500
1915-D Barber Quarter, PCGS MS66 – A
frosty white Gem example of this extremely
important 20th Century type issue............$2,150
1928-S Standing Liberty Quarter, PCGS
MS65 – A gorgeous frosty Gem with a tinge of
light golden original color............................$595
1934 Washington Quarter, PCGS MS67 –
A gorgeous pure white Gem example. The luster
is absolutely blazing in every way. PCGS has
only graded 1 example of this issue higher than
MS67. This is one of the finest we have seen
for the date..................................................$945
1940-S Washington Quarter, PCGS MS67 –
A truly sprectacular Gem example.! The surfaces are exceptionally clean and virtually perfect. The strike is very sharp, especially for a
San Francisco Mint issue. What really sets this
coin apart is its wonderful iridescent luster and
very light golden peripheral toning. The look eye
appeal of this coin is simply spectacular. Note
that PCGS has graded a mere 39 examples of
this issue MS67, with one lone example graded
higher.........................................................$1,650
1943-S Washington Quarter, Doubled Die
PCGS MS65 – A gorgeous Gem example of
this very rare Washington quarter variety. The
doubling is very easily seen on the "IN GOD WE
TRUST" motto, along with the date and "LIBERTY." This specimen is white and frosty with just
a tinge of original golden toning. PCGS has only
graded 17 examples MS65 with just 4 graded
higher.........................................................$3,750
1941 Washington Quarter, PCGS PR65...$150
5
HALF DOLLARS
1935-D Walking Liberty Half Dollar, PCGS
MS65 – An original Gem! This date is tough to
locate in Gem quality, but this definitely qualifies. The surfaces are MS66+, but the usual
strike is in evidence, with 80% head and skirt
and no hand detail. Rich luster and excellent
silvery color...............................................$1,550
1936 Walking Liberty Half Dollar,
PCGS MS65................................................$195
1879-S Morgan Dollar, PCGS MS65........$149
1880-CC Morgan Dollar, PCGS MS65.....1,550
1881 Morgan Dollar, PCGS MS65 – A frosty,
super white Gem example of this scarce early
Philadelphia issue.........................................$695
1830 Capped Bust Half Dollar, Small 0 PCGS
MS65 – A gorgeous Gem example of this early
silver issue. Bust half dollars were made in significant quantities and are somewhat easy to
obtain in lower circulated grades. They are rare
in mint state and very rare in Gem condition.
This specimen has remarkable, virtually flawless surfaces. The strike is quite bold with all
star details, hair detail and eagle feathers
sharply displayed. The coin has vibrant, iridescent luster with light original patina.......$11,500
PCGS MS65................................................$245
1937-D Walking Liberty Half Dollar, PCGS
MS65 – A pure white Gem with exceptionally
clean surfaces..............................................$795
1882-CC Morgan Dollar, PCGS MS65 –
Frosty white Gem!........................................$545
1883-O Morgan Dollar, PCGS MS65........$149
PCGS MS65 – A flashy white, pure Gem
example........................................................$365
PCGS MS66................................................$285
1884-CC Morgan Dollar, PCGS MS65 – A
pure white Gem............................................$475
1885 Morgan Dollar, PCGS MS65............$149
1902 Barber Half Dollar, PCGS MS65 – A
frosty white example of this conditionally sensitive and underated date. The 1902 Philadelphia
is somewhat generic in lower grades, however,
in Gem condition it is quite rare. In the past 24
years PCGS has graded a mere 16 examples
MS65, with just 5 examples grading higher. This
particular specimen is especially nice. The strike
is 100% full and the surfaces are very clean. The
luster is white and quite flashy, with just a bare,
almost unmentionable, tinge of golden patina to
prove the coin's originality. The blast and eye
appeal of this coin are truly outstanding. I
believe this is undoubtedly one of the 10 finest
known examples of this date.....................$4,500
1909 Barber Half Dollar, PCGS MS65 – A
frosty white Gem with blazing original luster.
The reverse grades MS67 or better..........$3,350
1912-D Barber Half Dollar, PCGS MS65 –A
fresh and frosty Gem! This piece will make an
outstanding type coin for an astute collector,
especially one who is interested in the early
issues from the Denver Mint. Icy white, with a
tinge of original color on the obverse 11 o'clock
position.....................................................$3,350
1943-S Walking Liberty Half Dollar, PCGS
MS65 – A white iridescent Gem example of
this tough San Francisco mint issue............$395
MS66 – A truly superb example of this San
Francisco mint issue. The strike is quite bold
with thumb detail present, which is highly
unusual for this issue. The luster is white and
clean.............................................................$695
1885-O Morgan Dollar, PCGS MS65.......$149
1885-O Morgan Dollar, PCGS MS66.......$435
1886 Morgan Dollar, PCGS MS65...........$149
DOLLARS
1873 Liberty Seated Dollar, Seated PCGS
MS64 – The Seated Liberty Silver Dollar coin of
1840 to 1873 was the first regular issue coin of
this denomination since 1803. An attractive
coin with nice strike. This seated liberty dollar
exhibits original color with hints of beautiful
cobalt toning throughout the peripheries. PCGS
has only graded 20 of these in the past 24 years
with just 6 grading higher.........................$7.500
1888 Morgan Dollar, PCGS MS66+ An incredible, flashy near perfect Gem. The surfaces are
super clean and the strike is razor sharp. The
luster is pure white and absolutely blazing. This
coin is very close to MS67.......................$1,450
1897-S Morgan Dollar, PCGS MS65 – A
beautiful Gem example of this scarce San
Francisco mint issue. The surfaces are clean,
the strike is outstanding, and the luster is white
and flashy.....................................................$625
1911 Barber Half Dollar, PCGS PR65 – A gorgeous Gem proof with unattributed light white
cameo surfaces........................................$3,850
MS64....................................................... $2,950
1885-CC Morgan Dollar, PCGS MS65 – A
white Gem! A fully struck piece with nice
surfaces. Low mintage, high quality, Carson
City Mint---this coin has it all.................. $1,275
1878 8TF Morgan Dollar, PCGS MS65 – A
beautiful example of the first Morgan dollar.
The surfaces are clean and the strike is exceptional. The coin exhibits frosty original white
luster and the obverse is semi-prooflike. A true
Gem...........................................................$1,350
1898-O Morgan Dollar, PCGS MS66+ A
gorgeous near perfect Gem. The surfaces are
very clean and the strike is full in every way.
This coin exhibits tons of cartwheel and
fantastic luster.............................................$695
6
Dollars Continued
1898-O Morgan Dollar, PCGS MS67 –A near
perfect Gem example. The surfaces are very
clean, the strike is very bold and the luster is
truly exceptional. The coin has a tinge of peripheral gold color and is completely original in every
way. Note that PCGS has never graded an example of this date higher than MS67.............$1,625
1902-S Morgan Dollar, PCGS MS65 – A gorgeous example of this scarce San Francisco
issue. The surfaces are very clean, especially
the cheek...and the strike is outstanding. The
coin exhibits semi proof-like surfaces and a
fantastic glow...........................................$2,950
1903-O Morgan Dollar, PCGS MS65 – A
frosty white Gem.........................................$695
1903-0 Morgan Dollar, PCGS MS66 – A
superb Gem in every way. The surfaces are
super clean and the strike is razor sharp. The
luster is super flashy...................................$945
1903-0 Morgan Dollar, PCGS MS66+ A truly
superb Gem, with pure white luster and fantastic surfaces. Very close to an MS67........$1,350
1904-O Morgan Dollar, PCGS MS65......$149
1878 8TF Morgan Dollar, PCGS PR66 – A
truly superb example of one of the rarest of all
proof Morgan dollars. In 1878 8 tail feathers
was the first Morgan dollar issue. For proofs...a
mere 500 were originally minted and survival
rates for this issue are quite low, with an estimated 100-150 pieces surviving today. This is
one of the few proof issues in the Morgan dollar series that one simply doesn't see frequently. The only issues that are rare are the 1878 7
tail feather reverse of 1878, and the 1878 7 tail
feather reverse of 1879. This is the third rarest
of all the proof Morgan dollars and it is much
rarer than the highly coveted 1895. Most 8 tail
feather proofs are found in much lower condition as the low survival rates would lead one to
believe that in 1878 the first few proof Morgan
dollars were not saved with any great care. In
the past 25 years PCGS has graded a mere 9
specimens PR66, with just 1 coin graded higher.
This specimen happens to be an old friend, and
it's actually the third time we have handled this
exact coin in the past 30 years. The surfaces
are very deeply mirrored under gorgeous gold
green toning. This is a completely original, and
virtually perfect Gem example of one of the
rarest of all Morgan dollars....................$12,500
long considered the the key date for the Peace
dollar series. This specimen has superb surfaces and the strike is quite sharp for a San
Francisco mint Peace dollar. The luster is simply
amazing: pure white and totally blazing. This is
one of the nicest 1934-S Peace dollars we've
ever handled. PCGS has never graded a 1934-S
Peace dollar higher than MS66...............$31,500
1921 Peace Dollar, High Relief PCGS MS66 –
A frosty well struck example of this super
important 1 years only type coin. The 1921 dollar is the first year of issue for the Peace dollar
series. For this first year the coin was struck in
high relief. This soon proved commercially
impractical and the coin's relief was lowered
tremedously the following year. This specimen
has superb clean surfaces. The strike is outstanding with full hair detail and the eagle's
feathers are 95% full. The strike is a big problem with this issue and the reason why the high
relief was discontinued the following year. It is
virtually impossible to find an example of this
issue graded higher...................................$5,850
1935-S Peace Dollar, PCGS MS65 – The last
coin in the Peace dollar series and this is a pure
white, super frosty Gem............................$1,175
GOLD DOLLARS
1849 Gold Dollar, Open Wreath
PCGS MS65.............................................$6,950
1922 Peace Dollar, PCGS MS65..............$155
1922-D Peace Dollar, PCGS MS66 – Flashy
white near perfect Gem example. PCGS has
only graded 3 examples higher than MS66 inthe
past 25 years. The surfaces of this superb Gem
are super clean...especially the cheek. The
strike is outstanding and the luster is very
iridescent..................................................$2,650
1926-S Peace Dollar, PCGS MS65 – Super
flashy, white original luster with a tinge of
golden toning on the periphery....................$925
1934-D Peace Dollar, PCGS MS65 – An
absolutely blast white, gorgeous Gem example
of this scarce Denver mint Peace dollar....$1,845
1849 Gold Dollar, No L PCGS MS65 – A beautiful Gem example of the very first gold dollar.
The first year of issue for the gold dollar featured a minor variety for the first 1000 pieces
minted. The designer's (James Longacre) initial
"L" was not included on the first 1000 coins
struck. These coins are literally the first gold
dollars ever minted. This is a spectacular example with an absolute incredible 100% full strike.
Every single detail and line each 13 of the stars
are full and miss Liberty's hair is so sharp you
could shave on it. The coin has semi proof-like
surfaces with cameo devices, which leads me
to believe this is obviously one of the first coins
off the die. A spectacular Gem example of a
very important coin...................................$7,450
1859 Gold Dollar, PCGS MS66 – A gorgeous
original Gem example of this conditionally
scarce pre-Civil War issue. For the 1859 gold
dollar, PCGS has graded a mere 6 examples
MS66 in the past 24 years, with just 5 examples graded higher. This coin is absolutely a
condition census example as 1 of the top 10
known survivors of this date. The surfaces are
ultra clean and mark free. The strike is quite
sharp with outstanding hair, feather, and wreath
detail. The color and originality are absolutely
magnificent. This coin exhibits a rich vibrant
gold color...a real beauty!........................$4,975
1934-S Peace Dollar, PCGS MS66 – An
absolutely fabulous example of the 'King" of the
Peace dollar series. The 1934-S issue has been
7
Gold Dollars Continued
1880 Gold Dollar, PCGS MS66 – A superb
example of this low mintage date. The surfaces
are clean as you would expect from the MS66
grade, and the strike is spectacular. The really
amazing thing about this example is the incredible iridescent color and luster...................$2,950
1905 $2 1/2 Liberty, PCGS MS65...........$2,495
1906 $2 1/2 Liberty, PCGS MS65...........$2,495
1906 $2 1/2 Liberty, PCGS MS66...........$2,975
1907 $2 1/2 Liberty, PCGS MS65...........$2,495
1882 Gold Dollar, PCGS MS66 – A superb
Gem example. The surfaces are super clean
and virtually perfect. The luster and color are
wonderful..................................................$2,950
1883 Gold Dollar, PCGS MS66 – A gorgeous, superb Gem example of this issue. The
surfaces are super clean and the luster is rich
and iridescent............................................$2,950
1884 Gold Dollar, PCGS MS65...............$2,850
1888 Gold Dollar, PCGS MS65...............$2,450
1889 Gold Dollar, PCGS MS66 – A gorgeous
original Gem example with rich gold
color.........................................................$2,900
$2 1/2 GOLD
1855 $2 1/2 Liberty, PCGS MS64...........$3,850
1857 $2 1/2 Liberty, PCGS MS64 – A full luster near Gem example of this conditionally rare
issue. Note that for this date PCGS has graded
a mere 14 examples MS64 with just 3 examples
grading higher. This specific example has the
super clean surfaces one would find on an
MS65 example. The luster is fresh and original.
The strike does have some minor weakness in
the strike on a couple of the stars and some of
the denticles are weak about the rim. This is
the most probable reason for the MS64 grade
because the coin definately looks much better.
We believe it's probably one of the top 10
example known for this date....................$3,850
1897 $2 1/2 Liberty, PCGS MS65...........$3,450
1903 $2 1/2 Liberty, PCGS MS65...........$2,495
1903 $2 1/2 Liberty, PCGS MS66...........$2,975
1908 $2 1/2 Indian, PCGS MS66 – An incredible example of the first year of issue for the $2
1/2 dollar Indian series. The $2 1/2 dollar
Indians were struck between 1908 and 1929.
They, along with the $5 Indian are the only
coins struck with an incuse design. This cause
the fields to be the high points of the coin and
therefore the $2 1/2 and $5 Indians attract
marks and scratches like PICTUREnics attract
ants. This specimen has superb nearly perfect
surfaces. The strike is also very sharp with fantastic feather detail on both the obverse and
reverse. The luster is rich and original and very
irradescent. In the past 25 years, PCGS has
only graded two examples of this date higher
than MS66. This is about as nice a $2 1/2
Indian as you will ever see......................$12,900
1909 $2 1/2 Indian, PCGS MS65 – A gorgeous
Gem example of a coin that is tough to find in
MS65 or better condition. The surfaces are very
clean and mark free. The strike is outstanding
and exhibits great detail of the eagle's feathers.
The luster is frosty and very iridescent....$6,500
$3 GOLD
1874 $3 Liberty, PCGS MS64 – A flashy near
Gem, high end example of this conditionally
rare issue. The 1874 $3 gold piece is somewhat
available in lower grades, however, in higher
mint state grades this is definately a rare coin.
In fact, in the past 25 years PCGS has only
graded 12 examples of this issue higher than
MS64. This specimen has relatively clean surfaces and very bright and flashy original luster.
The attractive thing about this issue is that it's
selling for a very small premium over the common date price..........................................$9,500
1874 $3 Liberty, PCGS MS65 – A truly Gem
example of a conditionally rare issue. The
1874 is not that difficult to locate in lower
grades, however in Gem condition this is a
truly rare coin. In fact in the past twenty five
years, PCGS has graded a mere eight example
in MS65, with just four graded higher. If you
do the math, thats less than one coin every
two years graded GEM by PCGS. This example
has a beautiful superclean surfaces. The luster and color are truly amazing. This is a totally original Gem in every way. If your a fan of
beautiful irradescent Gold coins, you will love
this coin. It is one of the ten finest known of
this issue..............................................$24,500
$5 GOLD
1813 Capped Bust $5, PCGS MS63 – A high
end example of a very rare early $5 gold issue.
The gold content of U.S. coins was lowered in
1834 and consequently most of the earlier gold
issue hit the melting pot. The early $5 gold
coins are rare in all grades and very rare in mint
state condition. This present specimen is very
attractive for the grade with no major marks
and a relatively sharp strike. All 13 of the
obverse stars show full detail of all the lines.
The luster is a bit subdued but quite evident.
This is a very attractive type example for the
price........................................................$24,500
1834 Classic Head $5, Classic-Plain 4 PCGS
MS63 – A beautiful type exampl of the classic
head design. The Classic head design $5
Goldpieces were minted between 1834 and
1838. They are scarce in all grades and quite
rare in mint state. This specimen is a lovely
MS63 example. There are only a smattering of
minor marks and abrasions, nothing major. The
strike is quite sharp with very bold detail of the
stars and design. The coin has gorgeous original
luster and color......................................$11,500
1904 $2 1/2 Liberty, PCGS MS65...........$2,495
8
$5 Dollar Gold Continued
1843-D No Motto $5 Liberty, Large D PCGS
MS63 – One of the finest known examples of
this early Dahlonega gold issue. All of the
Dahlonega gold coins issued are rare in mint
state, either the "medium D or small D" variety
are very rare in mint state condition. For both
varities, PCGS has only graded 1 coin MS64,
and 4 coins MS63. This specimen is truly outstanding. The surfaces are exceptionally clean
for the grade and the strike one of the best I've
ever seen on a Dahlonega issue with full star,
hair, feather, and claw detail. The luster is fresh
and original. This coin has a very bright look
and outstanding eye appeal. I believe it's the
2nd or 3rd finest known of this rarity....$29,500
1844-O No Motto $5 Liberty, PCGS MS61 –
This is a very attractive example of this scarce
early New Orleans $5 liberty. All of the "No
Motto" types are very scarce in mint state and
this issue is no exception. In MS61, PCGS has
graded a mere 11 pieces in the past 24 years,
with just 15 pieces graded higher. The surfaces
are clean, and in fact this coin is high end for
the grade. The strike is full and the luster is a
bit subdued but the color remains bright. This is
a very attractive example for the given grade
and a lot of value for the price..................$5,450
1847 No Motto $5 Liberty, PCGS MS64 – A
blazing, semi proof-like, condition census example. All of the pre 1866, ie: NO MOTTO type $5
liberties are rare in choice condition. In the past
25 years PCGS has graded a mere 3 examples
MS64, and just 2 examples graded higher. The
present specimen has clean surfaces and just a
few very minor marks. The strike is amazing and
exhibits razor sharp detail of all the stars, hair
detail, and eagle's claws and feathers. The surfaces are semi proof-like and with the addition
of the incredible strike, we believe this coin was
one of the first impressions off the die. The luster and color are exceptionally bright and flashy.
This coin is probably the the third finest known
example of this conditionally rare date....$16,500
1856-D No Motto $5 Liberty, PCGS MS62 –
A rare mint state Dahlonega half eagle. The
coins were struck in Dahlonega, Georgia and
Charlotte, North Carolina between 1838-1861.
These half eagles were all struck in limited
quantities and manufacturing quality levels
were certainly not as high as the Philadelphia
mint. Today C and D mint gold coins are highly
prized collector's items. They are rare in all
grades and very rare in mint state. For the
1856-D $5 liberty, only 12 coins have been
graded MS62 by PCGS, with just 6 coins graded higher. This example has very clean surfaces for the grade and the strike is unusually
sharp. The luster is fresh and original and the
color is a very bright and vibrant gold. An outstanding example of this gold rarity.....$14,500
1859-C No Motto $5 Liberty, PCGS MS61 –
A fully mint state, condition census example of
this very rare Charlotte Mint gold issue. The
1859 Charlotte $5 liberty is a rare coin in any
grade, and an extremely rare coin in mint state
condition. In fact, in the past 24 years PCGS
has graded a mere 5 examples mint state...2
MS61's, 1 MS62, 1 MS63 and one miracle
MS66. This specimen has relatively clean surfaces for the grade with just some minor
marks and abrasions. The strike is very sharp
for the issue and the luster and color are
excellent. This is either the 4th or 5th finest
known example of this rare fresh mint
gold issue..............................................$15,500
1869-S $5 Liberty, PCGS AU55 – An exceptionally high grade example of this very rare
coin. The 1869 San Francisco mint half eagle
is rare in all grades and there are only 2 mint
state specimens known, and just a handfull of
AU coins. In the past 24 years, PCGS has only
graded 3 coins AU55, 3 coins AU58 and just 2
coins mint state. In other words, this is one of
the 10 finest known examples of this very rare
date. The surfaces are relatively clean for the
grade and the strike is outstanding. The coins
still exhibit's much of the original luster adhering to it's surface. All of the early San
Francisco mint issues (low mintages to begin
with) have very low survival rates and are rare
in all grades. This is an outstanding example
of this rare S-mint...................................$7,900
year of issue as Carson City was a wide open
mining town at the time. For the 1870-CC the
original mintage was a mere 8,320. It is estimated today that approximately 75 survive in all
grades, with most known examples being in the
Fine to Very Fine grade range. There are only 2
specimens that have been graded mint state by
PCGS (both of them MS61), and 4 examples
graded AU 58,including this very attractive
piece. This coin has very clean surfaces with no
major marks. The strike on the obverse stars is
full and the hair detail is sharp. The eagle's
neck feathers are weakly struck, as is diagnostic for this date. There is just a bare trace of
very light rub on the high points. Most of the
original luster is intact. The coin has bright
color and outstanding eye appeal for the grade.
It is certainly one of the top 5 specimens of this
rarity and may even qualify for one of the top 3
known. The appearance of any 1870-CC gold
issue is a significant event when one hits the
market. This is actualy the first 1870-CC $5 liberty I have handeled in over 30 years and it's a
very high grade example indeed. If you are a fan
of truly rare and important United States gold
coins, then this coin is for you................$85,000
1874 $5 Liberty, PCGS AU55 – A beautiful
example of an extremely low mintage and very
rare $5 liberty issue. The original mintage for
the 1874 $5 liberty was a mere 3488 coins. Of
the original mintage, probably 100 or less exist
today, mostly in lower grades. In the past 24
years, PCGS has graded a mere 4 examples
mint state. There have been 2 AU58's, and this
is one of 13 examples graded AU55. The surfaces are relatively clean. There is one mark
behind the head which keeps this coin from a
higher MS60 grade. The strike is sharp and the
luster is unusually bright and original. This is a
very high end example for the grade and an
attractive example of this rare date.........$3,450
1880 $5 Liberty, PCGS MS64 – A very nice
MS64 example of this condition rarity. The
1880, while having a relatively high mintage,
aparently wasn't saved at the time of issue. In
the past 25 years, PCGS has graded a mere 72
examples MS64 wth just 10 graded higher. At
the current price, this scarce coin is commanding a very modest premium over a common
date price.................................................$2,450
1870-CC $5 Liberty, PCGS AU58 – The year
of 1870 was the magic year for the Carson City
gold coinage. Gold coins were minted at the
Carson City mint between the years 18701893. The gold issues were struck in the
denominations of $5, $10 and $20...all 3 of the
1870-CC gold denominations are extreme rarities. The coins were simply not saved in the
9
$5 Dollar Gold Continued
1903-S $5 Liberty, PCGS MS66.............$7,450
1908 $5 Liberty, PCGS MS66.................$7,450
$10 GOLD
1881 $5 Liberty, PCGS MS65 – A truly Gem
example of this conditonally rare issue. The
1881 $5 liberty is a semi available date in lower
grades. However, it's very difficult to locate in
choice or Gem condition. Gems are especially
rare, with PCGS grading in which a mere 12
coins in the past 24 years. Think about it...that's
just 1 coin every 2 years. This example has
beautiful clean surfaces and the strike is 100%
full with all star detail (including the central
lines)fully evident. The luster is rich and original. The coin displays bright, fully lustrous gold
with a tinge of rose color. The eye appeal is
outstanding and none have ever been graded
higher than this example..........................$7,900
1845-O $10 Liberty, PCGS AU53 – An
attractive almost uncirculated example of a
very condiyionally rare date. The early New
Orleans gold coins were simply not saved at the
time of issue and high grade survivors or very
rare. Note that for the 1845-O, PCGS has only
graded 2 examples mint state in the past 25
years. There have only been 10 examples graded AU53, with only 12 examples graded higher.
This specimen has some minor marks and rub,
but is exceptionally well struck and has outstanding original luster. A great value for the
price..........................................................$3,900
1849 $10 Liberty, PCGS AU58................$1,750
1892 $5 Liberty, PCGS MS65.................$5,750
1893 $5 Liberty, PCGS MS65 – A gorgeous
Gem example of a date that is rarer than most
people realize. The 1893, though not a rare
coin in lower grades, is not that easy to locate
in Gem condition. In fact, in the past 24 years
PCGS has only graded 19 examples MS65,
with just 5 examples graded MS66. That is
exactly 1 Gem example graded every year. This
coin is a total Gem with a sharp strike and outstanding surfaces. Ths nicest thing about this
coin is its originality. The luster is rich and very
iridescent.................................................$5,900
1900-S $5 Liberty, PCGS MS65 – The 1900-S
$5 gold liberty is a major condition rarity. In the
past 24 years, PCGS has graded a mere 5 examples MS65 (about 1 every 5 years) with just 5
examples grading higher. In other words, this
piece is a condition census example, IE: one of
the top ten known for the grade. This is a beautiful Gem MS65. The surfaces are relatively
clean and the strike is 100% full. The luster is
bright and original with a very striking bright
gold color. This coin has outstanding eye appeal
for the grade and is an extremely rare coin in
Gem condition.........................................$13,500
1875-CC $10 Liberty, PCGS AU53 – This issue
is one of the major rarities in the $10 liberty
series. Like all early Carson City gold, not very
many were made to begin with, and only a fraction of the mintage was saved at the time of
issue. There is 1 lone mint state example of this
issue, and there are a few AU coins. For the
AU53 grade, PCGS has graded a mere 10 specimens in the past 24 years, with just 6 specimens graded higher. A very high grade example
of a very rare and important Carson City gold
issue. The surfaces are very clean and the strike
is outstanding. While there is a trace of minor
wear on the high points ( the coin is AU ) the
coin retains it's full original luster. The color is
exceptional and the eye appeal is absolutely
marvelous................................................$19,500
1879 $10 Liberty, PCGS MS63 – A gorgeous
example of a condition rarity.The 1879 $10 is
extremely rare in mint condition. In fact, in the
past 25 years PCGS has only graded 24 examples MS63 ( including this high end beauty), 4
examples MS64, and 2 examples MS 65. This
example is very high end for the grade and
totally fresh and original. The coin exhibits no
major marks and the strike is outstanding.
What's really attractive about this example is
the gorgeous original luster and color. Incredible
rarity for the price.....................................$4,400
1882-CC $10 Liberty, PCGS AU55 – A very
attractive almost uncirculated example of a very
scarce carson City $10 Liberty. This particular
issue apparently wasn't saved at the time of
minting, as PCGS has never graded an example
of this date mint state! There have only been 18
examples graded AU55 and a mere 13 graded
AU58. This specimen is very high-end for the
grade with minimal marks. The strike is outstanding and it still exhibits most of its original
luster. A great example of this rare Carson City
issue........................................................$8,450
1883 $10 Liberty, PCGS MS63 – An original,
full luster example of this conditionally rare
issue. PCGS has only graded 4 examples higher
than MS63 in the past 24 years. This example
does have some minor marks, but the strike is
sharp and the luster is fresh and original. A very
solid example for the grade and a coin that is
quite rare and now selling for a minor premium
over the common date price....................$3,450
1884-CC $10 Liberty, PCGS AU55 – A rare
low mintage Carson City issue that difficult to
find in AU condition and almost impossible to
find mint state. PCGS has graded a mere 15
examples of this date AU55 in the past 24 years
with just 19 examples graded higher. This coin
has relatively clean surfaces and just a touch of
rub on the high points. The strike is 100% full
and there's still plenty of original luster still
adhering. Outstanding quality for the grade and
a lot of rarity for the price.......................$5,450
1885 $10 Liberty, PCGS MS64 – A very nice
MS64 example of a definate condition rarity.
The 1885 $10 Liberty simply isn't seen very
often in mint state. In fact, in the past 25
years, PCGS has graded a mere 39 coins
MS63, and just 11 coins MS64, with none
graded higher. This example has very clean
mark free surfaces for the MS64 grade. The
strike is outstanding and the luster is totally
original. This is definately one of the finest
known examples of this date and another great
example of the tremendous value in the rare
liberty gold market.................................$6,900
1887 $10 Liberty, PCGS MS63 – A very low
mintage date that's definately a condition rarity. In the past 25 years, PCGS has only graded
4 examples MS63 with just 2 examples graded
higher. This specimen has some minor marks as
you would expect from the MS63 grade. The
strike is 100% full with outstanding detail on
the eagle feathers and obverse stars. The
major quality about this coins is the wonderful
original color and luster. This is a very good
example of the MS63 grade, and as such is one
of the top 3 or 4 finest known examples of this
rare issue. It's also a great example of the
tremendous value found in the rare liberty gold
series.......................................................$6,900
10
$10 Gold Continued
1892-S $10 Liberty, PCGS MS63 – A very
attractive MS63 example of this condition rarity.
The 1892-S was simply not saved in the year of
issue...as such PCGS has only graded 48 coins
MS63, with no coins grading higher. This specimen is very attractive for the grade with no
major marks, a great strike, and a nice original
gold color...................................................$3,650
1893-S $10 Liberty, PCGS MS63 – A beautiful
MS63 example of a significant condition rarity.
PCGS has only graded 4 examples MS63 in the
past 25 years with only 4 examples graded
higher. The bottom line is that the 1893-S $10 is
a very difficult coin to find in MS63 or better
condition. This example is relatively clean for
the grade and the strike is outstanding. What
really sets this coin apart is it's totally original
luster and color..........................................$3,750
1907 $10 Indian, No Motto PCGS MS65 – A
gorgeous Gem example for the first year of issue
for the famous $10 Indian series. This specimen
has very clean surfaces and an outstanding
strike. The luster is absolutely amazing...super
flashy and very frosty. This is a gorgeous example of the type and the date.....................$11,350
1926 $10 Indian, PCGS MS64................$2,495
1932 $10 Indian, PCGS MS63................$1,775
1932 $10 Indian, PCGS MS64................$2,495
1932 $10 Indian, PCGS MS65................$5,650
1904 $20 Liberty, PCGS MS63...............$2,295
1904 $20 Liberty, PCGS MS64...............$3,195
1904 $20 Liberty, PCGS MS65...............$5,450
1904 $20 Liberty, PCGS MS66.............$17,500
1907 $20 Saint, High Relief-Wire Ed. PCGS
MS64 – A gorgeous high-end example of one of
the most famous coins in the world. In 1907 the
High Relief was literally President Roosevelt's
dream come true for United States coinage. He
commissioned the famous sculptor Augustus
St.Gauden to design a coin that would emulate
the beauty of ancient Greek and Roman coins.
The High Relief design was unfortunately
impractical for manufacturing in large quantities
and the issue was only struck for less than 1
year. Today the High Relief is considered one of
the world's most beautiful coins and is a prized
collector's item. This specimen has very clean
surfaces with just afew minor abrasions on the
reverse. The luster is bright and flashy. The
obverse would likely grade an MS66. The knee
and breast of Miss Liberty is fully rounded with
no rub or flatness whatsoever. A very sharply
struck example with tremendous luster and eye
appeal.................................................... $34,500
1907 $20 No Motto Saint, PCGS MS65 – A
gorgeous Gem example of this first year of
issue for the St. Gauden's type. the surfaces
are unusually clean and mark free. The
luster is very bright and the eye appeal is
outstanding..............................................$4,900
1910 $20 Saint, PCGS MS65 – A gem example
of a conditionally rare issue. The interesting
thing about the Saint Gauden series is the
Philadelphia issues, from 1924 to 1928, are the
most common $20 Saint Gaudens in all grades
and gems are readily available. However, the
1909 to 1915 Philadelphia issues are scarce in
all grades and very rare in gem condition. The
1910, though not the rarest of the early
Philadelphia issues, is definitely a condition rarity. Just note that in the past 25 years, PCGS
has only graded 3 examples of this issue higher
than MS65. This gem MS65 example has very
clean surfaces and bright original gold color. A
beautiful addition to any $20 Saint Gaudens
Liberty set................................................$8,900
1910-S $20 Saint, PCGS MS65 – A wonderful
Gem example of a very conditionally scarce
issue. The 1910-S San Francisco $20 St
Gaudens was obviously not saved at the time of
issue, as Gems are few and far between. This
specimen has very clean surfaces and a wonderful strike. The strike is outstanding with a
fully rounded knee and breast. The luster and
color are bright and totally original. This is a
frosty, bright gold example with beautiful satiny
surfaces....................................................$8,950
$20 GOLD
1911-S $20 Saint, PCGS MS65 – A very
attractive iridescent Gem example of this conditionally rare date. The surfaces are unusually
clean, and the strike is outstanding. The luster
and color are rich and iridescent.............$5,650
1901 $20 Liberty, PCGS MS65 – A totally
original gold example of a somewhat underated date. For the 1901 $20 Liberty,PCGS has
only graded 3 examples higher than MS65 so
this is just about as good as it ever gets for
this issue. The surfaces are very clean and very
"Gemmy." The luster is fresh and original. This
has a great $20 Liberty look: totally original in
every way................................................$6,950
1907 $20 No Motto Saint, PCGS MS65+ A
virtually perfect example of the first year of
issue for the Saint Gaudens type. The surfaces
are super clean with no major marks. The luster
is rich and original....................................$5,500
1923 $20 Saint, PCGS MS64.................$2,550
1924 $20 Saint, PCGS MS63.................$1,750
1924 $20 Saint, PCGS MS66.................$3,495
1925 $20 Saint, PCGS MS66.................$4,500
1908 $20 No Motto Saint, No Motto PCGS
MS67........................................................$9,750
1927 $20 Saint, PCGS MS64..............$1,995
1927 $20 Saint, PCGS MS66................$3,495
1928 $20 Saint, PCGS MS66................$3,495
11
SILVER COMMEMORATIVES
Boone Silver Commemorative Half Dollar,
1937 PCGS MS66.......................................$345
Bridgeport Silver Commemorative Half
Dollar, PCGS MS65 – Exceptionally clean surfaces and bright white original luster..........$295
Bridgeport Silver Commemorative Half
Dollar, PCGS MS66 – A satin, semi proof-like
Gem. A truly superb example.......................$475
BTW Silver Commemorative Half Dollar,
1948-D PCGS MS65.....................................$75
Maryland Silver Commemorative Half Dollar,
PCGS MS65 – A beautiful original Gem. The
surfaces are very clean. The luster is fresh and
original with just a tinge of color.................$295
New Rochel Silver Commemorative Half
Dollar, PCGS MS66 – You've gotta love New
Rochelle half dollars! The best ones exhibit
luster that is absolutely radiant and this piece is
no exception. Light, light gold toning covers the
coin and adds to the eye appeal..................$815
Rhode Is Silver Commemorative Half Dollar,
1936-S PCGS MS65 – A blast white Gem..$275
Roanoke Silver Commemorative Half Dollar,
PCGS MS66 – A frosty white Gem............$345
York Silver Commemorative Half Dollar, PCGS
MS65+ A great example of a white, lustrous,
high end MS65 York commemorative............$325
Rhode Is Silver Commemorative Half Dollar,
1936-D PCGS MS65 – A gorgeous Gem with
beautiful original iridescent golden toning...$275
1949 PCGS MS65.......................................$145
1949-S PCGS MS65 – A white Gem with a hint
of original golden toning..............................$145
Beautiful Commemorative
1950-D PCGS MS66 – A frosty white
Gem..............................................................$565
1951 PCGS MS66.......................................$345
Cleveland Silver Commemorative Half
Dollar, PCGS MS66 – An original Gem
with a tinge of golden toning around the
peripheries...................................................$495
Conneticut Silver Commemorative Half
Dollar, PCGS MS65 – A frosty white Gem with
just a bare tinge of original golden toning....$495
Elgin Silver Commemorative Half Dollar,
PCGS MS65 – A fresh original Gem..........$325
Elgin Silver Commemorative Half Dollar,
PCGS MS66 – An original brilliant GEM. This
issue celebrates the 100th anniversary of the
founding of Elgin, Illinois.............................$585
Lafayette Silver Commemorative Dollar, PCGS MS65 – A mind boggling Gem example of one of the most famous United States silver commemoratives. The Lafayette dollar was one of the first United States
commemorative issues and it is the only silver commemorative dollar of
the 1892-1954 classical era for commemorative coinage. This is a
Iowa Silver Commemorative Half Dollar,
PCGS MS66 – A gorgeous frosty golden
original Gem.................................................$225
Iowa Silver Commemorative Half Dollar,
PCGS MS67 – Original, untampered with frosty
white surfaces. Virtual perfection................$395
Lexington Silver Commemorative Half Dollar,
PCGS MS65 – A blast white Gem example of
this important early silver commemorative. The
luster is absolutely blinding.........................$685
remarkably attractive Gem example. It is highly unusual in the the
obverse and revers e are quite different, but both sides are spectacular.
The obverse is a creamy white, frosty iridescent jewel. The reverse is
one of those moster toned examples with incredible sea green iridescent rainbow color. This is an amazing example of this issue......$11,500
“for those special coins”— VT Issue #77
TERRITORIAL GOLD
1852 Territorial-California, Humbert PCGS
AU55 – The United States Assay office of gold
in San Francisco opened in 1851 and made gold
coins through 1853 to service the needs of the
city's bustling mining and shipping community.
Coins were made in limited quantities and the
survival rates are low, thus high grade examples are quite rare. This 1852 "Humbert" $10 is
rare in all grades and very rare in AU50 or better condition. In the past 24 years PCGS has
graded a mere 4 examples AU55, with just 9
examples grading higher. This specimen has
attractive surfaces with no major marks. The
detail on the eagle is quite bold and the luster
is bright and original with bright gold color. An
outstanding example of a rare and historically
important piece of the old west.............$16,500
A Bechtler Territorial North Carolina, 134
Grains, 21 Carat PCGS EF45 –] The first gold
rush in the United States was not in California,
but was in Georgia and North Carolina. The
Bechtler's struck private issue gold coins from
1831-1852. All Bechtler coins are fairly scarce
today, with the $1 and $ 2 1/2 pieces being
quite a bit more readily available than the $5
gold pieces. This coin is an extremely fine example. This coin exhibits a minor bit of wear, which
is appropriate for the grade. There are none of
the usual problems you see with many of the
territorial gold coins, in that the surfaces are
clean and relatively mark free. The color is
attractive and the eye appeal is outstanding on
this rare territorial piece..........................$11,500
1852 Territorial-California, Wass Mollitor Lg
Head PCGS MS62 – The Wass Molitor and
Company made gold coins in California between
1852-1855. They made a $5, $10, $20 and $50
gold pieces. Today there are very few surviving
examples of all of these issues and most of
them exist in lower grades. The coins were
crudely manufactured...and let's face it, the
miners in 1850's San Francisco were not interested in savings coins for future generations.
This specimen of the 1852 $10 large head gold
piece is an amazing mint state coin. This coin
has phenominal original luster and color and
just a few minor marks. PCGS has only graded 1
coin MS60 and 2 coins MS62 in the past 24
years. Looking upon the PCGS population report,
I have some suspicion that the two MS62 coins
are the same coin. Either way, I'm convinced
that this is the finest known example of this
territorial gold rarity..............................$84,500
.
Be the first to receive the email Velvet Tray. Email your name, zip code and email
address to info@davidhall.com and note VT in the subject.
Terms of Sale
• All coins guaranteed genuine, certified by PCGS.
• Seven calendar day return privilege.
• Payment methods, Check, VISA, Master Card or Wires
• Shipping fees of $11.50 on all orders under $200.
DAVID HALL RARE COINS
800-759-7575 • In CA 949-567-1325 • Fax: 949-477-5874
P.O. Box 6220 • Newport Beach, CA 92658
Van@davidhall.com / www.davidhall.com
For a complete inventory with the highest quality , most accurate photos on the web, go to: davidhall.com

DHRC 4020-01 Velvet Tray #33

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