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New App, New Features for PCGS Set Registry

May 1, 2017 in Android Apps, Coins, Collecting, Ipad Apps, Iphone Apps, New Releases, News, Numismatica, Numismatics, Online Tools, Uncategorized

PCGS Logo

Professional Coin Grading Service logo

For immediate release

May 1, 2017

Media contact:
Steve Sloan, (949) 567-1223

New App, New Features for PCGS Set Registry

The PCGS Set Registry app offers the key elements of the desktop version, as well as some brand new features.

The PCGS Set Registry app offers the key elements of the desktop version, as well as some brand new features.

Newport Beach, California) – Thanks to a brand-new app from Professional Coin Grading Service (www.PCGS.com), collectors can manage their coin collections from their smartphones. The company just added the PCGS Set Registry companion app to its growing list of mobile apps.

This app, compatible with iOS and Android, comes on the heels of an update to the Set Registry desktop site, which allowed for enhanced mobile compatibility. Both the app and recent update were steps in providing convenience and a renewed experience to users.

“Making the site mobile was a must. It is simply more convenient to manage your set on the go. In addition to the added convenience, we’ve included new features, such as image uploading and the “What If” feature, which we believe will be a hit among set owners,” stated PCGS President Don Willis.

Collectors can now easily upload images directly from their mobile device to their collection. Scanning the coin’s cert number automatically adds the image to the set if a PCGS TrueView™ image is available for the coin. Or, users can take a picture of a coin and instantly upload the image to their inventory.

The “What If” feature shows collectors how a PCGS-graded coin would impact their set by simply scanning or entering the coin’s cert number. Once the coin info is entered, a before and after comparison of their set’s rank, rating and grade is shown.

“Released as a companion app, collectors are encouraged to use both the app and desktop site in tandem for the complete experience,” said Set Registry Director BJ Searls.

Considering the enhanced, mobile experience, the company anticipates the app to be a popular download among collectors.

“With this app, you can update and access your set from anywhere, as long as you can connect to the internet. The interface is streamlined, and it launches and performs functions quickly. There are many reasons collectors will want to download it,” said Willis.

The PCGS Set Registry companion app is available for free download on the App Store and Google Play. Visit www.PCGS.com/apps to learn more.

Developed in 2001, the PCGS Set Registry was the hobby’s first free online tool for organizing and analyzing coin collections. For more information on the PCGS Set Registry, and to start your online collection, visit http://www.PCGS.com/SetRegistry.   

Founded in 1986 by distinguished numismatic experts, Professional Coin Grading Service is the most respected coin authentication and grading company in the world and has offices in Hong Kong, Shanghai, Paris and the United States.

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App Download Links

Android: https://play.google.com/store/apps/details?id=com.pcgs.setregistry

 iOS:  https://itunes.apple.com/us/app/coin-collection-pcgs-set-registry/id1215957117?mt=8

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PCGS Is Giving Away 30 Morgans In 30 Days

February 3, 2016 in Clubs and Associations, Coin Dealers, Coin Grading, Coins, Collecting, Competition, Dollar Coins, Grading, History, Morgan Silver Dollars, News, Numismatica, Numismatics, Press Releases, Silver, Silver Coins, Silver Dollars, USA Coins

For immediate release
February 3, 2016

News media contact:
Steve Sloan, (949) 567-1223

PCGS Is Giving Away 30 Morgans In 30 Days

 

PCGS 30th Anniversary logo

PCGS 30th Anniversary logo

Professional Coin Grading Service (www.pcgs.com) is turning 30, and as part of the celebration PCGS will be giving away 30 Morgan silver dollars over 30 days.

“It’s easy and free to enter online, and 30 people will win Mint State examples of one of America’s most popular coin series, the Morgan dollar,” said PCGS President Don Willis.

Entries will be accepted at www.pcgs.com/30morgans starting at 9 a.m. Pacific/Noon Eastern time on February 3, 2016, the anniversary date of the company’s founding in 1986.  The deadline for submitting entries will be 4 p.m. Pacific/7 p.m. Eastern on March 3.  

At the end of the entry period, 30 winners will be selected at random.  Each winner will receive a Mint State U.S. Morgan dollar graded and encapsulated under the PCGS Secure Service.

The Morgan dollars are provided courtesy of L&C Coins (www.LCcoins.com), the sweepstakes sponsor, and each one is labeled with a special designation as 1 of 30 from the sweepstakes.  The full 30 Morgans in 30 Days rules can be found at www.PCGS.com/30morgans/rules.

A 30 Morgans in 30 Days prize

A 30 Morgans in 30 Days prize

“PCGS experts have examined, authenticated and graded over 19 million Mint State Morgan dollars since the company’s launch. Now we’ll give away 30 of those historic coins to celebrate our 30th anniversary,” said PCGS Co-Founder David Hall, President of PCGS’s parent company, Collectors Universe, Inc. (NASDAQ: CLCT).

Since its founding in 1986, Professional Coin Grading Service has become the industry standard in third-party certification.  With offices in California, Shanghai, Hong Kong and Paris, PCGS experts have certified over 31 million coins with a total market value of over 29 billion dollars.

For additional information about PCGS products and services, call 800-447-8848 or email info@pcgs.com.  

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PCGS Offering Distinctive, Special Labels For Long Beach Expo Submissions

January 26, 2016 in Coin Grading, Coin Shows, Coins, Collecting, Conventions, Events, Grading, Investing, Numismatica, Numismatics, Offers, Press Releases, US Mint, USA Coins

For immediate release
January 26, 2016

News media contact:
Steve Sloan, (949) 567-1223

PCGS Offering Distinctive, Special
Labels For Long Beach Expo Submissions

 

To mark the 30th anniversary of Professional Coin Grading Service (www.PCGS.com) on February 3, 2016, PCGS will offer a collection of distinctive commemorative insert labels for coins submitted at the February 4 – 6 Long Beach Expo (www.LongBeachExpo.com).

“PCGS shares its 30th anniversary with the United States Mint’s popular American Eagle bullion coins program.  Since representatives of the Mint will be at the Long Beach Expo showcasing their latest coin releases, we wanted to be sure to offer Long Beach attendees attractive First Strike® labels that complement these coins,” said Mark Stephenson, PCGS Vice President and Director of Bulk Services.

Four different labels themes will be available for qualifying coins submitted at Long Beach by members of the PCGS Collectors Club or by PCGS Authorized Dealers.  The special labels are:

  • American Eagle First Strike labels depicting an eagle and “30th Anniversary” banner for 2016-dated gold and silver coins.
  • American gold Buffalo First Strike labels depicting a buffalo and a “10th Anniversary” banner for 2016-dated gold Buffalo coins.
  • Mark Twain First Strike special labels for Twain 2016-dated silver $1 and gold $5 coins.  Twain coins submitted for show grading are eligible for show exclusive variety labels that include the Expo logo.
  • Retro 1986-era green label inserts for vintage or modern coins with “PCGS 30th Anniversary” at the top of the label’s front.  These throwback labels, which mimic the look of the vintage PCGS “Old Green Holders” will be available for both Standard and Secure Service levels.

“The Long Beach Expo marks the first opportunity for collectors to have coins graded with the new PCGS classic green retro 1986-era labels.  As an added bonus, any collector who submits his or her coins to be graded with this new 30th Anniversary label will receive a free, limited edition throwback green PCGS box,” stated Stephenson.

Information about submission guidelines and fees for the special labels can be found online at www.pcgs.com/labels, and submission information and guidelines for First Strike designation labels is at www.pcgs.com/firststrike.

The PCGS 30th anniversary label for silver (shown here) and gold 2016 First Strike American Eagles.

The PCGS 30th anniversary label for silver (shown here) and gold 2016 First Strike American Eagles.

An example of a PCGS special First Strike insert label for the 2016 10th anniversary of the gold Buffalo coins.

An example of a PCGS special First Strike insert label for the 2016 10th anniversary of the gold Buffalo coins.

PCGS has produced special First Strike – Long Beach Expo labels for the new silver $1 and gold $5 (shown here) 2016 Mark Twain coins.

PCGS has produced special First Strike – Long Beach Expo labels for the new silver $1 and gold $5 (shown here) 2016 Mark Twain coins.

An example of the PCGS 30th anniversary retro 1986-era green label insert.

An example of the PCGS 30th anniversary retro 1986-era green label insert.

“These special PCGS labels for the Long Beach Expo are the first in a full suite of attractive inserts we’re planning in 2016 that I believe both dealers and collectors will love,” said Stephenson.

Since its founding in 1986, Professional Coin Grading Service has become the industry standard in third-party certification.  With offices in California, Shanghai, Hong Kong and Paris, PCGS experts have certified over 31 million coins with a total market value of over 29 billion dollars.

For additional information about the special labels and other PCGS products and services, call 800-447-8848 or email info@pcgs.com.  

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PCGS Will Offer Popular Crossover Special At February 2016 Long Beach Expo

January 11, 2016 in Coin Shows, Coins, Collecting, Dollar Coins, Education, Events, Grading, History, News, Numismatica, Numismatics, PCGS (Professional Coin Grading Service), Press Releases, Rare Coins, Silver Dollars, USA Coins

For immediate release
January 11, 2016

News media contact:
Steve Sloan, (949) 567-1223

PCGS Will Offer Popular Crossover Special At February 2016 Long Beach Expo

 

Professional Coin Grading Service will again offer a special opportunity for its popular “crossover” service at the February 4 – 6, 2016 Long Beach Coin, Currency, Stamp & Sports Collectible Expo.  The usual crossover grading fee will be reduced to only $10 on coins submitted at the show that do not qualify to be placed into PCGS holders.

“The best coins always end up in PCGS holders,” states PCGS President Don Willis. This 1801 Draped Bust dollar from the Newman Collection crossed over to become PCGS Secure MS65.

“The best coins always end up in PCGS holders,” states PCGS President Don Willis. This 1801 Draped Bust dollar from the Newman Collection crossed over to become PCGS Secure MS65.

“The best coins always end up in PCGS holders because collectors and dealers know that PCGS certification helps maximize the value, liquidity and security of coins,” stated PCGS President Don Willis.

“As 2015 auction results demonstrate, coins in PCGS holders repeatedly brought the highest prices.  The February Long Beach Expo is an excellent opportunity to submit your coins that have been graded by other third-party grading companies. If the coins do not meet PCGS standards and are not crossed over, you only pay $10 in grading fees,” explained Willis.

The criteria for the Long Beach Expo Crossover Special are simple:

  • PCGS will accept coins in ANACS, ICG or NGC holders.
  • Each customer can submit a maximum of 600 crossovers.
  • The Crossover Special is not available for Show Express orders.
  • For coins that cross, you will be charged the regular grading fee and handling fee, along with the Guarantee Premium, which is equal to 1% of the value of the coin in its final grade ($5 minimum Guaranteed Premium).
  • Any con that does not cross will be returned in its original holder and you will only be charged $10 per coin, and a handling fee of $10 per order.

Coins received by PCGS after 6:00 p.m. Thursday, February 4, may not be completed by the end of the show. Please check with a PCGS Customer Service Representative at the booth (#807) for official cutoff information.  Any submissions not completed at the show are subject to appropriate shipping and handling charges which are in addition to any grading or guarantee premium fees.  PCGS recommends a credit card as method of payment to ensure overpayment is avoided.

For additional information about the February 2016 Long Beach Expo Crossover special offer, contact PCGS Customer Service representatives at the PCGS booth during the Long Beach Expo or call (800) 447-8848.

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New PCGS Vice President Excited About Planned 2016 U.S. Commemorative Coins

January 5, 2016 in Coins, Collecting, Commemorative, Dimes, Gold, Gold Coins, Half Dollars, New Releases, News, Numismatica, Numismatics, PCGS (Professional Coin Grading Service), Precious Metals, Press Releases, US Mint, USA Coins

For immediate release
January 5, 2015

News media contact:
Steve Sloan, (949) 567-1223

New PCGS Vice President Excited About Planned 2016 U.S. Commemorative Coins

 

Mark Stephenson, PCGS Vice President and Director of Bulk Services.

Mark Stephenson, PCGS Vice President and Director of Bulk Services.

The United States Mint’s plans for creation of gold coins in 2016 based on classic silver coin designs issued a century earlier could spark a resurgence in the popularity of modern commemoratives, according to Mark Stephenson, Vice President of Professional Coin Grading Service (www.PCGS.com).

“2016 is looking like it will be a bounce back year for modern coins.  The U.S. Mint’s 2016 releases, like the gold renditions of three classic 1916 designs, have me excited about the year’s prospects.  PCGS is already developing a full suite of attractive labels for these coins that both dealers and collectors will love,” said Stephenson who was recently appointed PCGS Vice President and Director of Bulk Services.  

In early November, the United States Mint announced it will strike coins to commemorate the 100th anniversary of the Winged Liberty (“Mercury”) dime, Standing Liberty quarter-dollar and Walking Liberty half-dollar.  The “dime” will contain one-tenth troy ounce of gold; the “quarter-dollar” one-quarter ounce; and the “half-dollar” one-half ounce.  All three coins will be struck in .9999 fine, 24-karat gold.

The New Year will also mark two other important numismatic anniversaries.

“It will be the 30th anniversary of the American Silver Eagle bullion coins and the 30th anniversary for PCGS in 2016.  We intend to commemorate both occasions in a classic way that will excite the hobby.  PCGS’ innovative label designs and secure holder paired with the beautiful American Silver Eagle make a great combination,” stated Stephenson.

PCGS Vice President Mark Stephenson is looking forward to the United States Mint’s plans to issue gold coins in 2016 commemorating the 100th anniversary of the classic designs of the 1916 Walking Liberty Half dollar (shown here), Standing Liberty quarter-dollar and Winged Liberty/Mercury dime. (Photo from PCGS CoinFacts.)

PCGS Vice President Mark Stephenson is looking forward to the United States Mint’s plans to issue gold coins in 2016 commemorating the 100th anniversary of the classic designs of the 1916 Walking Liberty Half dollar (shown here), Standing Liberty quarter-dollar and Winged Liberty/Mercury dime. (Photo from PCGS CoinFacts.)

Prior to his appointment as PCGS Vice President, Stephenson served as the company’s Director of Customer Relations, and earlier he managed a successful rare coin dealership.

Professional Coin Grading Service was founded in 1986 by distinguished numismatic experts, and now has offices in California, Shanghai, Hong Kong and Paris.  PCGS experts have certified over 31 million coins with a total market value of over 29 billion dollars. PCGS represents the industry standard in third-party certification, and is a division of Collectors Universe, Inc. (NASDAQ: CLCT).

For additional information about PCGS products and services, call 800-447-8848 or email info@pcgs.com.  

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PCGS Launches 30th Anniversary With Historic Sample Slabs Display At FUN

November 30, 2015 in Coin Grading, Coin Shows, Coins, Collecting, Conventions, Education, Grading, History, Investing, Numismatic Societies and Clubs, Numismatica, Numismatics, PCGS (Professional Coin Grading Service), Press Releases

For immediate release
November 30, 2015

News media contact:

Steve Sloan, (949) 567-1223

PCGS Launches 30th Anniversary With
Historic Sample Slabs Display At FUN

 

Professional Coin Grading Service (www.PCGS.com) will launch a year-long 30th anniversary celebration at the upcoming 2016 Florida United Numismatists convention by turning back the clock to display an assortment of more than 120 different, promotional sample “slabs” issued by the company since its founding in 1986.  

An example of a sample “slab” issued by PCGS in 1986 during the company’s first year of authenticating, grading and certifying coins. (Image courtesy of PCGS.)

An example of a sample “slab” issued by PCGS in 1986 during the company’s first year of authenticating, grading and certifying coins. (Image courtesy of PCGS.)

While supplies last, PCGS will also be giving away mint condition Lincoln cents encapsulated in samples of the company’s latest enhanced security holders.  Each one will be presented in a specially-created commemorative Sample Slabs brochure that explains the history and features of PCGS holders.

The display of encapsulated promotional coins in PCGS holders with historic sample insert labels will be at the PCGS booth (#104) during the FUN convention in Tampa, Florida, January 7 – 10, 2016.  A collection of 113 sample slabs, assembled by and exhibited courtesy of Dr. Timothy Larson of Mercer Island, Washington, and an additional dozen sample slabs from the collection of Robert Klein of Monroe, New York, will be displayed.  

“Since 1986, PCGS has been giving out samples of its holders featuring hundreds of different coin types, both U.S. and world.  They have become highly collectible over the last 30 years, although they originally were only intended as free promotional items,” said PCGS President Don Willis.

“There are a number of ways to collect PCGS samples, most commonly grouped into three categories,” explained PCGS Set Registry and Special Projects Director BJ Searls.

“First, there are those samples that match one of the five generations of holders, which can be subdivided into a number of sub-generations based on the insert.  Many of these samples are common because PCGS gave away hundreds of the same coin in the same holder, but some are extremely rare.  A number of inserts produced by PCGS were only released for a few months and samples of those inserts were supplied in limited quantities.”

The two other major categories for collecting sample slabs are those issued for PCGS luncheons and as advertising samples.

Since the early 2000s, PCGS has held luncheons for its customers at major coin shows.  As a token of appreciation, sample holders are created to celebrate the event and are given to all invited guests. Quantities of these holders are limited from 100 to 300 coins.

PCGS samples have been created for various coin shows and special events.  From celebrating PCGS anniversaries, to giveaways at coin shows, to special inserts created for PCGS Authorized dealers, there is a wide variety of samples in this category, some common and some very difficult to locate, according to PCGS.

Mint condition 2015-dated Lincoln cents are encapsulated in the latest PCGS sample “slabs” that will be available in limited quantity in specially-prepared commemorative brochures at the 2016 FUN convention. (Image courtesy of PCGS.)

Mint condition 2015-dated Lincoln cents are encapsulated in the latest PCGS sample “slabs” that will be available in limited quantity in specially-prepared commemorative brochures at the 2016 FUN convention. (Image courtesy of PCGS.)

“There are a number of websites that provide information about the various collecting options, including the PCGS U.S. Coin Forum.   A new reference book, Sample Slabs, by David Schwager was published in September,” said Searls.

“PCGS thanks Dr. Tim Larson for providing the samples for the upcoming display at FUN and for providing invaluable information about how to collect them,” Searls added.

Visitors to the PCGS booth at the FUN convention can obtain the special brochure with an enclosed PCGS sample slab while supplies last.

“1,250 lucky collectors will receive the commemorative Sample Slab brochure with the enclosed sample holder.  This sample represents our fifth generation PCGS holder, and it is the most technologically advanced security holder in the world,” explained Willis.

Professional Coin Grading Service was founded in 1986 by distinguished numismatic experts, and now has offices in California, Shanghai, Hong Kong and Paris.  PCGS experts have certified over 31 million coins with a total market value of over 29 billion dollars. PCGS represents the industry standard in third-party certification, and is a division of Collectors Universe, Inc. (NASDAQ: CLCT).

For additional information about PCGS products and services, call 800-447-8848 or email info@pcgs.com.  

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Three More Distinguished Numismatists Added To PCGS CoinFacts™ Coin Dealer Hall of Fame

August 14, 2015 in ANA (American Numismatic Association), Awards, Clubs and Associations, Coin Shows, Collecting, Conventions, Education, Events, History, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PCGS (Professional Coin Grading Service), Press Releases

For immediate release
Friday, August 14, 2015

News media contact:
Steve Sloan, (949) 567-1223

Three More Distinguished Numismatists Added
To PCGS CoinFacts™ Coin Dealer Hall of Fame

 

PCGS Co-Founder David Hall presented John Dannreuther with his plaque as an inductee into the PCGS CoinFacts Coni Dealer Hall of Fame at the World’s Fair of Money on August 14, 2015.  (Photo by Donn Pearlman.)

PCGS Co-Founder David Hall presented John Dannreuther with his plaque as an inductee into the PCGS CoinFacts Coin Dealer Hall of Fame at the World’s Fair of Money on August 14, 2015. (Photo by Donn Pearlman.)

(Rosemont, Illinois) — The PCGS CoinFacts™ Coin Dealer Hall of Fame has inducted three more renowned members.  The dealers now added to the prestigious list are Édouard Frossard (1837 – 1899), Harry J. Forman (1924 – 2008) and John “JD” Dannreuther (born in 1948).

The induction ceremony was part of the PCGS Set Registry luncheon on August 14, 2015 during the American Numismatic Association Chicago World’s Fair of Money.

Frossard was a Swiss immigrant who taught French in New York City, conducted coin auctions and was editor of the controversial numismatic publication, Numisma.  Today his name is associated with works on U.S. Half Cents, Large Cents and Franco-American Jetons.

Foreman was a well-known Philadelphia dealer who was a market maker in the purchase and resale of bank-wrapped rolls of coins, 1000-coin bags of Morgan and Peace dollars and United States proof sets.  In 2001, he received the American Numismatic Association’s highest honor, the Farran Zerbe Award, for his many years of support of the organization and the hobby.

Dannreuther is an award-winning numismatic author and researcher who has attended virtually every major coin auction since the 1970s, taking copious notes for his ongoing research projects.  He is a top expert on U.S. proof coins, 1792 – 1964, and was a co-founder of Professional Coin Grading Service in 1986.

Additional biographical information about Frossard, Foreman and Dannreuther and the 22 previous inductees in the PCGS CoinFacts Coin Dealer Hall of Fame can be found at

www.pcgs.com/pcgscoinfacts/coindealerhof.html.

“The Hall of Fame was created in 2010 to recognize outstanding dealers, past and present, who have made the most significant contributions to numismatics and who have handled great coins and great collections,” said Don Willis, President of Professional Coin Grading Service, a division of Collectors Universe, Inc. (NASDAQ: CLCT).

PCGS Co-Founder and Collectors Universe President David Hall explained: “The motto of the Hall of Fame is a quote by Sir Isaac Newton, ‘If I have seen farther it is by standing on the shoulders of giants.’  We believe that is certainly true in our hobby and profession.”

A division of Professional Coin Grading Service, PCGS CoinFacts (www.PCGSCoinFacts.com) is the Internet’s most comprehensive, one-stop source for historical U.S. numismatic information.

Since its founding in 1986, PCGS experts have certified over 30 million coins with a total market value of over $29 billion. PCGS represents the industry standard in third-party certification.

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PCGS Certifies “Amazing” Tom Reynolds Collection of Early Date U.S. Large Cents

August 6, 2015 in Antique Coins, Coins, Collecting, Collector Sets, Education, Grading, History, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PCGS (Professional Coin Grading Service), Press Releases, Rare Coins, US Mint, USA Coins

For immediate release
August 6, 2015

News media contact
Steve Sloan, (949) 567-1224

PCGS Certifies “Amazing” Tom Reynolds
Collection of Early Date U.S. Large Cents

The early date (1793 – 1814) United States large cents collection of well-known early American coppers collector and dealer, Tom Reynolds of Nebraska, has been certified for authenticity and grade by Professional Coin Grading Service (www.PCGS.com) with PCGS Secure™ Service.

One of the many highlights of the PCGS-certified Reynolds Collection is the finest known 1793 Lettered Edge Wreath Large Cent (S-11b), graded PCGS Secure MS62 BN.  (PCGS TrueViewSM image.)

One of the many highlights of the PCGS-certified Reynolds Collection is the finest known 1793 Lettered Edge Wreath Large Cent (S-11b), graded PCGS Secure MS62 BN. (PCGS TrueViewSM image.)

The collection includes the finest known 1793 Lettered Edge Wreath cent, Sheldon 11-b, and coins from famous old-time collections such as Brand, Low, Naftzger and Sheldon.

“This is an amazing collection of over 400 historic, high-quality coins from the early years of the Philadelphia Mint.  Mr. Reynolds started assembling this impressive collection back in 1966,” said PCGS President Don Willis.

“The Gold Shield PCGS Secure™ insert labels for these coins feature the “Reynolds Collection” and also indicate the coin’s corresponding Sheldon reference number denoting its specific variety.  Significant pedigrees, such as coins that previously were in the famous Naftzger Collection, are also noted on the insert labels,” explained Willis.

“It was my great pleasure to view and research the amazing cents in Tom’s collection,” said PCGS Co-Founder Gordon Wrubel who is Early American Coppers club member #19.

“I became aware of my fellow EACer in the late 1960s.  I have interacted with this mild mannered and very knowledgeable dealer over many years.  I knew he was putting some cents aside for his ‘collection.’  Over the years it was rumored that Tom was the ‘King of 1798s.’  When I saw the scope and quality of his set, I can say that his ‘crown’ extends to many other dates as well.”

Graded PCGS Secure MS66 RB, this 1810 Large Cent (S-285) from the Reynolds Collection is the finest known and the only red brown example graded by PCGS. (PCGS TrueViewSM image.)

Graded PCGS Secure MS66 RB, this 1810 Large Cent (S-285) from the Reynolds Collection is the finest known and the only red brown example graded by PCGS. (PCGS TrueViewSM image.)

Some of the coins will be displayed by Ira & Larry Goldberg Auctioneers at the American Numismatic Association World’s Fair of Money in Rosemont, Illinois, August 11 – 15, 2015, and at the Long Beach Coin, Stamp & Sports Collectible Expo, September 18 – 20.

All the Reynolds Collection early date large cents now certified by PCGS will be offered in a series of auctions conducted by the Goldbergs starting in January 2016.  They estimate the combined value of the collection at $10 million to $20 million.

“In reviewing Tom’s collection, I was impressed by the scope, depth, and quality of his coins.  I knew Tom had a collection apart from his business, but I was surprised to see how many jewels he had put away,” stated Ron Guth, President of PCGS CoinFacts (www.PCGSCoinFacts.com), the Internet Encyclopedia of U.S. Coins.

“This collection is loaded with Top Pops, Finest Knowns, plate coins from numerous references such as Penny Whimsy, the Breen Large Cent Encyclopedia, Noyes, and so on.  Some of the pedigrees represent an extensive trip in time through some of the greatest collections ever assembled.  The Large Cent Collectors are going to have a field day with this one,” predicted Guth.

Highlights of the recently certified coins include:

  • 1793 Letter Edge Wreath cent, S-11b, graded PCGS Secure MS62 BN, the finest known.  Previous owners include Col. James W. Ellsworth, Wayte Raymond, Dr. William H. Sheldon and R.E. “Ted” Naftzger.
  • 1794 Head of 1794 S-28, PCGS Secure MS66 BN.  It was found in a Pennsylvania hotel more than a century ago and became the plate coin for both Noyes and Walter Breen’s Large Cent Encyclopedia.  Previously in the collections of Lyman H. Low, Carl Wurtzbach, Virgil M. Brand, Harold Bareford, Herman Halpern, and Naftzger among others.
  • 1798 Second Hairstyle S-182, graded PCGS MS63 BN, discovered in 1954 and previously in the collections of Dorothy Paschal, Sheldon, and Naftzger among others.
  • 1798 Second Hairstyle S-186, graded PCGS Secure MS64 BN, the finest known.  This is the Penny Whimsy plate coin and the only Mint State example known.
  • 1801 S NC-1, graded PCGS MS 64 RB, the finest known and only Mint State example known. Pedigrees include the Essex Institute, Naftzger, Eric Steiner and Jay Parrino.
  • 1810 S-285, graded PCGS MS66 RB, the finest known and the only red brown example graded by PCGS.

All coins certified through PCGS Secure Service now include a free PCGS TrueViewSM high-resolution digital photograph of the coin.

Professional Coin Grading Service was founded in 1986 by distinguished numismatic experts, and now has offices in California, Shanghai, Hong Kong and Paris. PCGS experts have certified over 30 million coins with a total market value of over 29 billion dollars. PCGS represents the industry standard in third-party certification, and is a division of Collectors Universe, Inc. (NASDAQ: CLCT).

For additional information about PCGS Secure services, call 800-447-8848 or email info@pcgs.com.

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PCGS Grading and counterfeit detection seminars at September 2015 Long Beach Expo

August 5, 2015 in Coin Grading, Coin Shows, Coins, Collecting, Conventions, Education, Events, Fake Coins, News, Numismatic Crimes, Numismatic Societies and Clubs, Numismatica, Numismatics, PCGS (Professional Coin Grading Service), Seminars, USA Coins, World Coins

For immediate release
August 5, 2015

News media contact:
Steve Sloan, (949) 567-1223

PCGS GRADING AND COUNTERFEIT DETECTION
SEMINARS AT SEPTEMBER 2015 LONG BEACH EXPO

 

Collectors will have the opportunity to learn from the experts at two Professional Coin Grading Service (www.PCGS.com) coin grading and counterfeit detection seminars during the upcoming September 2015 Long Beach Coin, Currency, Stamp & Sports Collectible Expo (www.LongBeachExpo.com).

Michael Sherman will teach Grading 102 at the September 2015 Long Beach Expo.

Michael Sherman will teach Grading 102 at the September 2015 Long Beach Expo.

PCGS will offer two separate seminars from 10:00 am to 2:00 pm on Saturday, September 19.  Grading 102 “Qualifiers” will be taught by Michael Sherman, PCGS Director of Collector Education.  The other seminar, Grading 103 “No Grades and Counterfeit Detection,” will be taught by Mike Faraone, PCGS Lead Counterfeit Detection Expert.

“Space for the PCGS Collector Education Program seminars is limited and anyone interested in attending is encouraged to make a reservation as soon as possible,” said PCGS President Don Willis.

The cost for each four-hour seminar is $149 for PCGS Silver, Gold, Platinum and Diamond level Collector’s Club members, and $199 for non-members.  Lunch is included for the seminar attendees.

Attendance for Grading 102 and 103 will be limited to 30 people for each class.  Advance reservations will be taken on a first come, first served basis.  To register, visit the PCGS Online store at www.PCGS.com/store.

“Grading 102 topics will cover ‘qualifiers,’ including color on copper coins, the strike on silver and nickel coins, and proof-like and cameo surfaces,” explained Sherman.  “Grading proof coins also will be discussed along with ultra-high grade modern coins and difficult to grade series, such as U.S. Indian gold coins.”

The Grading 103 seminar will examine the interesting world of ‘No Grades,’ coins that for some reason either cannot receive a regular grade but can still be placed in a PCGS holder, or coins that cannot be encapsulated by PCGS.

Grading 103 will be taught by Mike Faraone at the September 2015 Long Beach Expo.

Grading 103 will be taught by Mike Faraone at the September 2015 Long Beach Expo.

“Each of the dozen or so reasons for a possible ‘No Grade’ evaluation will be covered in detail with numerous photographic enlargements and actual examples of coins,” said Faraone.  “The second part of this seminar will cover counterfeit detection, including struck and cast counterfeits, and alterations to genuine coins, such as an added mintmark or changed date.”

The Long Beach Expo will be conducted Thursday through Saturday, September 17 – 19, 2015, in the Long Beach, California Convention Center, 100 S. Pine Ave.  For additional information about the show, visit www.LongBeachExpo.com.

For additional information about the grading and counterfeit detection seminars, contact PCGS Customer Service at (800) 447-8848 or by email at info@PCGS.com.

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PCGS Grading Contest Announced For September 2015 Long Beach Expo

July 28, 2015 in Clubs and Associations, Coin Grading, Coins, Collecting, Competition, Conventions, Education, Entertainment, Events, Grading, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PCGS (Professional Coin Grading Service), Press Releases, Seminars, Young Collectors

For immediate release
July 28, 2015

News media contact:
Steve Sloan, (949) 567-1223

PCGS Grading Contest Announced
For September 2015 Long Beach Expo

 

A young numismatist examining a coin during the PCGS Coin Grading Contest at the June 2015 Long Beach Expo.

A young numismatist examining a coin during the PCGS Coin Grading Contest at the June 2015 Long Beach Expo.

Collectors, dealers and young numismatists again will have the chance to test their coin grading skills and compete for prizes in the PCGS Coin Grading Contest.  The newly announced competition will be held at the September 2015 Long Beach Coin, Currency, Stamp & Sports Collectible Expo, but interested participants should sign up now.

The entry fee is $50 for dealers and their associates, $25 for collectors and free for young numismatists.

The dealer with the highest score will receive a $1,000 check from Professional Coin Grading Service (www.PCGS.com).  The highest scoring collector will receive $500 and the highest scoring young numismatist will receive a Mint State Morgan Dollar.

“Responses to our previous grading contests have been excellent.  We had to turn away several people who had not pre-registered for the last competition at the June Long Beach Expo because all the available slots were already filled,” said PCGS President Don Willis. “So, don’t wait to register.”

The competition will be open to members of the PCGS Collectors Club, PCGS Authorized Dealers, PCGS Set Registry participants, PCGS CoinFacts subscribers and young collectors aged 16 or younger.

To register for a contest time slot or get additional information, call PCGS Customer Service at (800) 447-8848, Monday through Friday between 7:00 am to 5:00 pm PST, or email info@PCGS.com.

A contestant closely examining one of the coins during the PCGS Coin Grading Contest at the June 2015 Long Beach Expo.

A contestant closely examining one of the coins during the PCGS Coin Grading Contest at the June 2015 Long Beach Expo.

Participants in the dealers and collectors categories will have 30 minutes to grade 20 coins, while young numismatists will have 20 minutes to grade 10 coins.

“Once again, a variety of coins will be carefully selected for the contest, and evaluating each one will definitely challenge even the most knowledgeable collector,” said PCGS Co-Founder and Collectors Universe President David Hall.

The Long Beach Expo will be held at the Long Beach Convention Center, 100 S. Pine Ave., in Long Beach, California, September 17 – 19, 2015.  Additional information about the show is available at www.LongBeachExpo.com.

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Judge Awards Coin Fraud Victim’s Estate Nearly $1.9 Million Under Federal Racketeer Laws

July 22, 2015 in Antique Coins, Coins, Collecting, Counterfeit, Fake Coins, Grading, Investing, Legal, News, Numismatica, Numismatics, PCGS (Professional Coin Grading Service), PNG Professional Numismatists Guild, Press Releases, US Government

For immediate release
July 22, 2015

News media contacts:
Paul Montgomery, (405) 254-6877
Lyn Stevens, (800) 896-3452

Judge Awards Coin Fraud Victim’s Estate
Nearly $1.9 Million Under Federal Racketeer Laws

 

(Corpus Christi, Texas) – A Federal Court Judge in Texas has issued her final ruling that a coin fraud victim’s estate should receive nearly $1.9 million from a Long Island coin dealer and his grading company under the Racketeer Influenced and Corrupt Organization Act (RICO).  The estate was assisted in its three-year recovery efforts by former Professional Numismatists Guild President Paul Montgomery, President of Paul Montgomery and Associates in Oklahoma City, Oklahoma (www.paulmontgomeryonline.com).

Judge Nelva Gonzales Ramos of the United States District Court of Southern Texas, Corpus Christi Division, issued her final judgment on July 21, 2015.

Last November, Judge Ramos held a bench trial in the case.  On May 20, 2015 she issued a 30-page Findings of Fact and Conclusions of Law in which she ruled that PCA Collectibles, Inc. of North Lindenhurst, New York, and PCI Coin Grading company misled Corpus Christi stockbroker Bonnie Pereida “into buying coins that were counterfeit, damaged or worth only a fraction of what they were represented to be.”

Judge Ramos also stated in May: “The Court concludes that there is clear and convincing evidence of the fraud perpetuated by PCI and PCA against Pereida.”

In her final judgment, the judge now has ordered that the estate can recover $1,892,324 from Anthony Delluniversita, majority owner of PCA and the owner of PCI coin grading company at the time the coins were graded and sold to Pereida.  Of that total, $1,610,802 is for damages, $280,190 for attorney’s fees and another $1,332 for costs of the lawsuit.

Montgomery stated: “I’ve been involved in hundreds of these kinds of cases, and this is the first one that resulted in a federal court victory.  Usually, the sellers resolve the buyers’ complaints to avoid a trial in court by eventually making a refund of all or at least a portion of what the customers paid.  It takes time, but there are remedies against nefarious dealers, and I’m delighted for Dr. Malvino about the judge’s decision in this case.”

According to court documents, from January through May of 2011, Pereida made 31 separate purchases of rare coins from PCA.  She bought 135 coins and paid a total of $727,569 to PCA for them.  The coins were graded by PCI, and the sole owner of PCI at the time was defendant Delluniversita who also was the dominant shareholder of PCA Collectibles.

Pereida’s fiancé  Albert P. Malvino, Ph.D., testified, “We bought these (coins) for our retirement…and we thought…we’re getting a good deal…..”

When Pereida died in October 2011, Dr. Malvino was appointed executor of her estate and had the coins appraised.

Heritage Auctions through its Heritage Appraisal Services estimated the auction value at $190,865 at the time the coins were examined, less than 27 percent of the amount paid by Pereida.  Montgomery then was retained by Dr. Malvino to assess the grade and value of the coins, and he concluded the reasonable retail value of the coins at the time they were purchased by Pereida was $150,964, about 20 percent of what Pereida paid.

Montgomery also requested Professional Coin Grading Service to do an independent appraisal of the grades, and, according to the Judge’s ruling, “PCGS’s findings were consistent with those of Montgomery.”

Heritage, Montgomery and PCGS identified one coin as a counterfeit, a 1914-D Indian $2.50 graded by PCI as MS64.

They also identified 25 other coins that could not be graded because they were either cleaned or damaged.  These included a 1907 Saint-Gaudens Roman Numerals High Relief Double Eagle graded by PCI as MS65 and sold for $19,500.  Heritage estimated the auction value at $6,000, Montgomery valued the coin at retail as $4,500 and both Heritage and Montgomery agreed with PCGS that the coin had been cleaned.

An 1892-CC Liberty Double Eagle, sold by PCA to Pereida for $12,500 and graded by PCI as MS62, was valued by Heritage at $2,600 and only AU, valued by Montgomery at $700 because it was damaged and given also given no grade by PCGS because of an noticeable scratch on the coin.

During the trial in November 2014, Montgomery showed the judge coins graded by PCI as Mint State, that were in his opinion, only About Uncirculated.

“She quickly understood the concept of grades and its relationship to coin values.  I told her: ‘Your Honor, now you’re a coin grader,’” recalled Montgomery.

“When you’re buying or selling coins, there’s an important lesson for the public to remember.  If you don’t know rare coins, you’d better know your rare coin dealer.  Members of the Professional Numismatists Guild must adhere to a strict Code of Ethics in the buying and selling of numismatic merchandise.  The dealer who sold coins to Ms. Pereida was not a PNG member,” said Montgomery who served as PNG President from 2009 – 2011.

Dr. Malvino was represented by attorney R. Lyn Stevens of Stevens Baldo Freeman & Lighty in Beaumont, Texas (www.sbf-law.com and www.CoinFraud.com).

The case is Albert Malvino v. PCA Collectibles, Inc., Civil Action No. 2:12-CV-401, in the U.S. District Court of Southern District of Texas Corpus Christi Division.

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Popular PCGS “Periodic Table” Posters Now Are Also Available On Amazon.com

July 16, 2015 in Antique Coins, Coins, Collecting, Education, Fun, Gold, Gold Coins, History, News, Numismatica, Numismatics, PCGS (Professional Coin Grading Service), Photography, Press Releases, Rare Coins, Silver, Silver Coins, US Mint, USA Coins

For immediate release
July 16, 2015

News media contact:
Steve Sloan, (949) 567-1223

Popular PCGS “Periodic Table” Posters
Now Are Also Available On Amazon.com

 

The popular PCGS CoinFacts Periodic Table of U.S. Coins posters are now also available on Amazon.com

The popular PCGS CoinFacts Periodic Table of U.S. Coins posters are now also available on Amazon.com

If you can’t attend one of the upcoming major shows in Baltimore, Chicago, or Long Beach, you still have an opportunity to obtain one of the popular, new “PCGS CoinFacts Periodic Table of United States Coins” posters.

“We’ve had many requests from across the country for these fascinating posters.  While supplies last, we’re giving them free to visitors to the PCGS booths at several coin shows, and they also are now available for purchase by anyone on Amazon.com,” said PCGS President Don Willis.

The posters can be ordered for $19.99 each at http://amzn.to/1O80vjl.  Free shipping is available for Amazon Prime members and free shipping is available for all orders over $35.

The 24 by 36 inches poster resembles a typical scientific arrangement of chemical elements, but in this case the “elements” are superb quality images of U.S. coins from the PCGS TrueView™ photo archive.

“It’s an educational and fun poster that illustrates major U.S. coin denominations issued for circulation from 1793 to date,” said Willis.

PCGS Co-Founder and Collectors Universe President David Hall stated: “I encourage all dealers to show this to their clients, and all parents to share this with their children. I’m amazed at the work that went into creating this great representation of United States coinage. I believe this is one of the best things we’ve ever done.”

The posters provide important information about the coins depicted.

“The coins are categorized by type.  There is information about their years in circulation, where they were struck, metallic content, weight, diameter and whether the edges are plain, reeded, lettered or decorated.  There’s also information about designers and engravers,” explained Ron Guth, President of PCGS CoinFacts (www.PCGScoinfacts.com), the Internet’s ultimate, single source of information on U.S. coins.

The posters will be distributed free while supplies last at these shows:

For more information on all PCGS attended shows, visit www.PCGS.com/shows.

Professional Coin Grading Service was founded in 1986 by distinguished numismatic experts, and now has offices in California, Shanghai, Hong Kong and Paris.  PCGS experts have certified over 30 million coins with a total market value of over 29 billion dollars. PCGS represents the industry standard in third-party certification, and is a division of Collectors Universe, Inc. (NASDAQ: CLCT).

For additional information about PCGS products and services, call 800-447-8848 or email info@pcgs.com.  

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PCGS Giving Away Impressive “Periodic Table Of U.S. Coins” Posters At Four Shows

June 18, 2015 in Coin Shows, Coins, Collecting, Conventions, Education, Events, History, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PCGS (Professional Coin Grading Service), Press Releases, USA Coins

For immediate release
June 18, 2015

News media contact:
Steve Sloan, (949) 567-1223

PCGS Giving Away Impressive “Periodic Table Of U.S. Coins” Posters At Four Shows

 

The “science” of numismatics now has a new meaning.

Professional Coin Grading Service (www.PCGS.com) has created the PCGS CoinFacts Periodic Table of United States Coins, an educational and fun poster that illustrates major U.S. coin denominations issued for circulation from 1793 to date.  PCGS will give away copies at four upcoming coin shows while supplies last.

A close up showing a small portion of the PCGS CoinFacts Periodic Table poster. Photo by Professional Coin Grading Service

A close up showing a small portion of the PCGS CoinFacts Periodic Table poster.
Photo by Professional Coin Grading Service

The 24 by 36 inches poster resembles a typical scientific arrangement of chemical elements, but in this case the “elements” are superb quality images of U.S. coins from the PCGS TrueView™ photo archive.

“The coins are categorized by type.  There is information about their years in circulation, where they were struck, metallic content, weight, diameter and whether the edges are plain, reeded, lettered or decorated.  There’s also information about designers and engravers,” explained Ron Guth, President of PCGS CoinFacts (www.PCGScoinfacts.com), the Internet’s most comprehensive source of information about United States coins.

The poster made a successful public debut at the recent June 2015 Long Beach Coin, Currency, Stamp & Sports Collectible Expo.

Guth said a coin-collecting professional chemist at the Long Beach show good naturedly pointed to the chart and asked: “Which ones are the radioactive coins?”

PCGS Director of Education Michael Sherman and PCGS Graphic Designer Ben Arboleda created and developed the periodic table of coins for the enjoyment and continuing education for collectors and dealers.

“Response to the posters at Long Beach was excellent, and now we plan to give away posters at the PCGS booths during the July and November Whitman Baltimore Expo shows, the ANA convention in Chicago in August and the September Long Beach Expo.  They will be limited to one per visitor while supplies last,” said PCGS President Don Willis.

“This is another great reason to come visit the PCGS team at major shows across the calendar and across country,” Willis emphasized.

The PCGS CoinFacts Periodic Table posters made their public debut at the June 2015 Long Beach Expo.  From left to right: PCGS CoinFacts President Ron Guth, PCGS President Don Willis, PCGS Director of Education Michael Sherman and Collectors Universe President and PCGS Co-Founder David Hall.   Photo by Donn Pearlman.

The PCGS CoinFacts Periodic Table posters made their public debut at the June 2015 Long Beach Expo. From left to right: PCGS CoinFacts President Ron Guth, PCGS President Don Willis, PCGS Director of Education Michael Sherman and Collectors Universe President and PCGS Co-Founder David Hall.
Photo by Donn Pearlman.

The dates of the four shows are:

For more information on all PCGS attended shows, please visit www.PCGS.com/shows.

Professional Coin Grading Service was founded in 1986 by distinguished numismatic experts, and now has offices in California, Shanghai, Hong Kong and Paris.  PCGS experts have certified over 30 million coins with a total market value of over 29 billion dollars. PCGS represents the industry standard in third-party certification, and is a division of Collectors Universe, Inc. (NASDAQ: CLCT).

For additional information about PCGS products and services, call 800-447-8848 or email info@pcgs.com.  

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PCGS Advises How To Save Money On Restoring Your Coins

September 16, 2014 in Coins, Collecting, Numismatica, Numismatics, PCGS (Professional Coin Grading Service), Press Releases, Restoration

For immediate release
September 15, 2014

News media contact:
Steve Sloan, (949) 567-1223

PCGS Advises How To Save Money On Restoring Your Coins

1928 Hawaiian Sesquicentennial 50c

1928 Hawaiian Sesquicentennial 50c Before and After Restoration

Professional Coin Grading Service has updated its experts’ tips about what kinds of unattractively-toned, environmentally-damaged and other “problem” coins can be restored, and has reduced the evaluation fee for submitted coins that subsequently do not qualify for PCGS Restoration service (www.PCGS.com/restoration).

“If your coins suffer from some types of problem that detract from their natural beauty, PCGS Restoration may be able to help,” said PCGS President Don Willis.

“Improper storage, accidental exposure to caustic elements or even the deliberate addition of foreign substances can detract from an otherwise beautiful coin.  These problems often can be addressed by the skillful application of various non-invasive and industry-accepted techniques.  Returning coins to their natural, original condition is the purpose of the PCGS Restoration service,” explained Willis.

PCGS Restoration will remove contaminants that are determined to have been deliberately and artificially applied, including putty, grease and other substances used by “coin doctors.”  Restoration also will remove contaminants on the coin’s surface caused by improper care or storage, such as polyvinyl chloride (PVC) or verdigris.  Recent fingerprints also can be removed.

1971 Eisenhower dollar

1971 Eisenhower dollar Before and After Restoration

“Restoration certainly works in many cases and can produce wonderful results on many coins.  However, not all coins can be restored, so PCGS Restoration now has reduced its $25 examination fee to only $10 for submitted coins that are evaluated but do not qualify for restoration,” Willis announced.

PCGS has updated its concise, helpful web page of tips to help collectors and dealers determine what coins are right for PCGS Restoration service: www.PCGS.com/restoration.  To save time and money, collectors and dealers are encouraged to carefully read the information before submitting coins.

There also now is a link on that web page to a brief, introductory video about PCGS Restoration.

All coins restored through the PCGS Restoration service will be graded by PCGS.  Once graded by PCGS they will be covered by the PCGS Guarantee of Authenticity and Grade.

“When done properly, professional restoration can enhance the appearance and value of many coins,” said Willis.

Since its founding in 1986, Professional Coin Grading Service has authenticated, graded and certified over 29 million coins with a combined value of $29 billion.  For additional information, visit www.PCGS.com or call PCGS Customer Service at (800) 447-8848.

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All Star Line Up For Autographed PCGS Baseball HOF Coin Inserts

September 2, 2014 in Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Gold, Gold Coins, Press Releases, Silver, Silver Coins, Silver Dollars, USA Coins

For immediate release September 2, 2014
News media contact: Steve Sloan, (949) 567-1223

All Star Line Up For Autographed

PCGS Baseball HOF Coin Inserts

An example of a Hank Aaron autographed insert on a PCGS-certified 2014 Baseball Hall of Fame commemorative silver dollar.

An example of a Hank Aaron autographed insert on a PCGS-certified 2014 Baseball Hall of Fame commemorative silver dollar.

As the race to the playoffs and World Series attracts attention, many baseball fans are also excited about an increasingly popular way to collect Hall of Fame players’ autographs.  Thirty-one players enshrined in the National Baseball Hall of Fame and Museum now have signed insert labels for PCGS-certified 2014 Hall of Fame gold, silver and clad commemorative coins. The autograph line up also includes a dozen other all-star major league players as well as Olympic softball gold medal winner Jenny Finch and artist Cassie McFarland who designed the curved baseball glove obverse of the Hall of Fame coins. “The Hall of Fame coins have been extremely popular with both coin and sports memorabilia collectors.  Combining PCGS certification of the coins with authentic signatures of Hall of Fame players’ autographs on the inserts is a great way to enjoy both hobbies.  So, we’ve been adding more former stars of the game to the autograph line up,” said “Miles” Michael Standish, PCGS Vice President. Standish attended the 75th anniversary Hall of Fame induction ceremonies weekend in Cooperstown, New York, July 25 – 28, 2014.  Three of this year’s inductees are now among the players who have signed PCGS inserts. All the autographs are signed in the presence of a PCGS representative.  The HOF players participating in the PCGS “autographed coin” program are: Hank Aaron, Johnny Bench, Jim Bunning, Lou Brock, Rod Carew, Steve Carlton, Orlando Cepeda, Andre Dawson, Dennis Eckersley, Carlton Fisk, Bob Gibson, Tom Glavine, Rich “Goose” Gossage, Rickey Henderson, Reggie Jackson, Al Kaline, Tony LaRussa, Tommy Lasorda, Paul Molitor, Joe Morgan, Phil Niekro, Jim Palmer, Tony Pérez, Gaylord Perry, Jim Rice, Cal Ripken Jr., Brooks Robinson, Nolan Ryan, Ozzie Smith, Bruce Sutter, Frank Thomas, Dave Winfield, Robin Yount.

Baseball Hall of Fame 2008 inductee Rich "Goose" Gossage signed autographs for PCGS during the 2014 HOF weekend at Cooperstown, New York.

Baseball Hall of Fame 2008 inductee Rich “Goose” Gossage signed autographs for PCGS during the 2014 HOF weekend at Cooperstown, New York.

During the 2014 Baseball Hall of Fame weekend at Cooperstown, New York, 1996 HOF inductee Jim Bunning signed autographs for PCGS.

During the 2014 Baseball Hall of Fame weekend at Cooperstown, New York, 1996 HOF inductee Jim Bunning signed autographs for PCGS.

Other former major league players who also have signed PCGS insert labels are: Bill Buckner, Doc Gooden, Pedro Martinez, Minnie Minoso, Dale Murphy, Tony Oliva, Jimmy Piersall, Pete Rose, Lee Smith, Darryl Strawberry and Mitch “Wild Thing” Williams. The Baseball Hall of Fame signatures program is the latest in a series of “autographed coin” projects from PCGS since 1999.  Previous insert autographs have included former U.S. Presidents Gerald R. Ford and George H.W. Bush as well as former U.S. Mint Directors Jay Johnson, Edmund Moy, Donna Pope, Jay Johnson and Chief Engraver John Mercanti. Since its founding in 1986, Professional Coin Grading Service has authenticated, graded and certified over 29 million coins with a combined value of $29 billion.  For additional information, visit www.PCGS.com or call PCGS Customer Service at (800) 447-8848.

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PCGS Certifies Rare Transitional Peace Dollars From Former Mint Director’s Estate

July 11, 2014 in ANA (American Numismatic Association), Antique Coins, Auctions, Clubs and Associations, Coins, Coins for sale, Collecting, Conventions, Events, Grading, History, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PCGS (Professional Coin Grading Service), Press Releases, Rare Coins, Silver, Silver Coins, Silver Dollars, US Mint, USA Coins

Updated:

For immediate release
July 11, 2014

News media contact:
Steve Sloan, (949) 567-1223

PCGS Certifies Rare Transitional Peace Dollars From Former Mint Director’s Estate

Five rare 1921 and 1922 proof and circulation strike Peace dollars that reflect historic transition changes in the original high-relief design of the series have been authenticated and graded by Professional Coin Grading Service (www.PCGS.com). The coins exhibit different finishes and relief, including a previously unreported 1921 High Relief sandblasted and antiqued finish presentation specimen.

For over 90 years the coins were under the numismatic market radar, owned by and later in the estate of Raymond T. Baker (1877 – 1935) who was United States Mint Director at the time the five Peace dollars were struck.

“This is a fantastic group of 1921 and 1922 transitional coins, and is one of the most significant group of 20th century coins we’ve seen in a long time,” said PCGS Co-Founder David Hall.

The coins were submitted for certification by PCGS Authorized Dealer Ronald J. Gillio on behalf of Stack’s Bowers Galleries (www.Stacks.com).  Stack’s will offer them in their upcoming public auction in conjunction with the American Numismatic Association’s World’s Fair of Money in Rosemont, Illinois.

“There are three ‘discovery’ pieces among these five important coins, and PCGS has created three new classification numbers to formally recognize and catalog them.  Each of the five transitional Peace dollars now have the “Baker Estate’ pedigree indicated on the insert label in their PCGS holders,” explained PCGS President Don Willis.

“With submission of these historic Baker Estate coins, PCGS now as identified and certified over the years a total of 19 different proof 1922 Peace dollars,” said Willis.

Baker served as Mint Director from March 1917 to March 1922.

“During his tenure, Baker oversaw the introduction of the new Peace dollar in 1921 and the subsequent design modifications in early 1922.  Because of his position, he was able to acquire several important numismatic rarities that have remained off the market since the time of their production,” explained Ron Guth, President of PCGS CoinFacts (www.PCGSCoinFacts.com), the Internet’s most comprehensive resource for information about U.S. coins.

The five recently certified coins and their grades and varieties are:

  • 1921 $1 PCGS SP64.  A discovery coin that has a normal High Relief design, but with a sandblasted and antiqued finish.
  • 1922 $1 PCGS PR67.  Modified High Relief (Judd-2020).  Satin (or “Bright”) finish.  A total of 3,200 production trial examples were struck, but only a few were not subsequently destroyed.  This surviving example is believed to be one of the first made and produced on a Mint press used to strike medals to bring up the Peace dollar design details.
  • 1922 $1 PCGS MS65.  Modified High Relief (J-2020, same die pair as the preceding coin).  It has the number “3200” inked in the left obverse field indicating it was the last coin struck from the production run of 3,200 before the obverse die failed.  It was struck on a normal production press.
  • 1922 $1 PCGS MS67.  Low Relief (Early hub dies, as adopted, but with the B1 reverse).  It was pulled from production when the press indicator reached 140,000 coins struck.
  • 1922 $1 PCGS MS67.  A second Low Relief, early hub dies example, pulled from production at the same time as the preceding coin.
A discovery coin, this 1921 Peace dollar, PCGS SP64, has a normal High Relief design, but with a sandblasted and antique finish.

A discovery coin, this 1921 Peace dollar, PCGS SP64, has a normal High Relief design, but with a sandblasted and antique finish.

From the Baker Estate and graded PCGS PR67, this is one of the few surviving trial examples (J-2020) of 1922 Peace dollars with a Modified High Relief and a Satin finish.

From the Baker Estate and graded PCGS PR67, this is one of the few surviving trial examples (J-2020) of 1922 Peace dollars with a Modified High Relief and a Satin finish.

1922 Low Relief, Early Hub Dies Peace dollar, PCGS MS67.

1922 Low Relief, Early Hub Dies Peace dollar, PCGS MS67.

From the Baker Estate and graded PCGS PR67, this is one of the few surviving trial examples (J-2020) of 1922 Peace dollars with a Modified High Relief and a Satin finish.

From the Baker Estate and graded PCGS PR67, this is one of the few surviving trial examples (J-2020) of 1922 Peace dollars with a Modified High Relief and a Satin finish.

Another 1922 Low Relief, Early Hub Dies Peace dollar from the Baker Estate, also graded PCGS MS67.

Another 1922 Low Relief, Early Hub Dies Peace dollar from the Baker Estate, also graded PCGS MS67.

“This remarkable assemblage traces the transition from the High Relief design of 1921 to the Low Relief design of 1922, and all of the intermediate steps,” said Guth.

“The higher striking pressures required to bring up the full details of the 1921 Peace Dollar caused the dies to fail prematurely.  In an attempt to solve this problem, Mint employees lowered the relief of the design, but only slightly.  These coins are known as the Modified (or Medium) Relief design, but they failed for the same reason as the 1921s.  Ultimately, the design details were reduced drastically, as seen on all of the circulation strike Peace Dollars from 1922 to 1935,” Guth explained.

One of the coins in the group can be tied directly to a January 8, 1922 letter from Mint Superintendent Freas Styer when he sent three 1922-dated experimental coins to Mint Director Baker.  Superintendent Styer wrote: “…the coin marked ‘3200’ was the thirty-second hundredth piece struck – the last before the die sunk.”

Guth stated:  “The historic importance of that coin is immeasurable. This is one of the rare instances when a particular coin can be tied positively to contemporary correspondence.”

Circumstantial evidence supports a claim that the 1922 “Bright” finish Modified High Relief was also included with that letter.  The “Sandblast” finish coin cited in the letter remains unidentified.

Earlier this year, PCGS certified the finest 1922 Matte Finish High Relief Peace dollar, graded PCGS PR67, that also originated from Mint Director Baker’s estate.  It will be one of the featured exhibits in the official Museum Showcase display at the ANA 2014 Chicago World’s Fair of Money, August 5 – 9, courtesy of collector Bob R. Simpson of Texas and Legend Numismatics of New Jersey (www.legendcoin.com).

Since its founding in 1986, Professional Coin Grading Service experts have authenticated and graded over 27 million coins with an estimated market value of $27 billion.  For additional information about PCGS services, visit www.PCGS.com or call PCGS Customer Service at (800) 447-8848.

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