|
Images courtesy of Ira
& Larry Goldberg Coins & Collectibles, Inc.
Significant examples:
Recent appearances:
NGC Proof-65 Cameo. Ex -
Bowers and Merena Galleries' Robert W. Schwan Collection Sale, October
26-27, 2000, Lot 2171 at $18,975.00
NGC Proof-63 (illustrated above). Ex - Ira & Larry Goldberg Coins & Collectibles,
Inc.'s "The California Sale", October 2-3, 2000, Lot 683 at
$6,037.00, where
it was described (in part) as follows: "The surfaces show minor
handling marks when scrutinized with a glass in the delicate mirror
fields. The diagnostic line by the L of LIBERTY is present, and the
reverse shows several raised die lines from the polishing process used to
create the mirror reflectivity. The coin has a cloudy toned appearance (as
seen on the Garrett example), which softens the glaring mirror fields, and
produces a special appeal in the surfaces. The reverse die has several die
file marks, which are seen on regular issue coins, so it is possible that
this is a regular issue, and not a proof. If that is the case, then the
coin would actually be worth more. The date logotype punch is high, with
the 1 nearly touching the truncation, diagnostic to regular issues, while
the proof date logotype is supposed to be low in the die. Perhaps only a
single pair of dies was used for both proofs and regular issue coins.
Either way, this is a beautiful example of the date. Mintage for business
strikes, just 4,320. It is remarkable that only 25 were struck in Proof, of those a few entered
circulation, but most were probably saved. The combined NGC and PCGS
Population Reports show that 30 coins have been graded, obviously some
crossovers and resubmittals are included. We point this out to show how
over time the Population Reports are becoming less and less reliable. Many
coins that are close to a higher grade are sent in several times in hopes
of achieving the higher grade, and hence more value. It is apparent that a
few Proof 64 pieces have been sent in multiple times to hope to achieve
the coveted Proof 65 grade, for instance, NGC has graded 12 in Proof 64,
and PCGS has graded 8 coins in that grade. Each service, however, have
only graded a single coin in Proof 65."
AU-58. Ex - Bowers and Merena Galleries, "The Harry W. Bass,
Jr. Collection, Part IV Sale", November 20-21, 2000, Lot 226,
illustrated, sold for $1,955.00 From
Stack's sale of the Scanlon Collection, October 1973, Lot 2100
ANACS Net EF-40, AU Details, Cleaned. Ex - Heritage Numismatic
Auctions, Inc.'s, "Summer 2001 Long Beach Signature Sale", May
31-June 2, 2001, Lot 8867, not plated, unsold
Notes:
The finest Uncirculated example graded by PCGS is a single MS-63.
The finest Proof example
graded by PCGS is a single PR-66.
Sources and/or
recommended reading:
"Walter Breen's Complete Encyclopedia of U.S. and Colonial
Coins" by Walter Breen
"The PCGS Population
Report, April 2003" by The
Professional Coin Grading Service
|
