1907-D Liberty Double Eagles NGC/PCGS MS65

Last Year, Gem, D-Mint, $20 Libs

Although authorized as a U.S. branch mint in the 1860s, the Denver Mint operated as an assay office for its first four decades until coins were finally minted there in 1906. Liberty double eagles were only produced at the Colorado facility in 1906 and 1907, with a total production for both years of less than 1.5 million pieces. Accordingly, Gems are quite scarce and eagerly sought. Listed at $6,000 in the CDN CPG, $6,200 in the PCGS price guide, $8,500 in the NGC price guide and $6,350 in Trends.

Offered at $5,500 each delivered

We have three coins available…

We do business the old fashioned way, we speak with you.

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(800) 257.3253 
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Major Credit Cards Accepted, add 3.5%
Offer subject to availability.

Coinage legislation left out the word “The”

Courtesy of Numismatic News by RICHARD GIEDROYC

Why is “The” missing from the inscription “United States of America” on our coins?

Section 10 of the Mint Act of April 2, 1792, says, “…with this inscription, ‘UNITED STATES OF AMERICA,’…” Once this tradition was established, nobody saw any need to change it. Particularly in the early days when dies were hand-made, they economized in every possible way, so perhaps this was another reason for not adding the extra three letters.

I have a 1964-D dime that has been examined by several dealers who tell me it is a proof. Can this be true?

It is unlikely that your ’64-D dime is a proof, as the information that proof coins were struck only at Philadelphia that year is correct. What you may have is a first strike from new dies, which often will have an appearance similar to a proof. Send the coin to an authentication service if you are still in doubt.

Going through a lot of cents, I notice that a number have weak or missing letters in “STATES OF,” or the “E” and sometimes the dot in “E PLURIBUS.” What causes this?

This is a frequent question, since such defects are readily noticed. That very frequency is an indication of the value – none – because of the high mintages involved. The cause is poor die design, a perennial failing of U.S. coins, which allows too much metal to flow into the obverse design, not leaving enough to come up in the reverse design. If you check the wheat cents, you will find the same weakness on the “O” in “ONE” on a high percentage of the coins.

Weren’t there actually three different date sizes for the 1960 cents – a small, medium, and large date?

This is another situation akin to the problems with the different mintmarks on the 1979 and 1981 proof coins. Shortly after the small date 1960 and 1960-D cents were first reported, enthusiastic collectors reported that there were three sizes, and for a time the medium dates were advertised right along with the small. Later it was conclusively proved, based on Mint records, that only two different size dates were used for 1960.

I’ve heard that there is a $1,000 reward for a certain variety of the 1964 nickels. I have one, so will you get the reward for me, please?

I’m sorry to disappoint you, but I know of no variety of any kind in the minting of specifically the 1964 or 1964-D nickels that is worth $1,000, or even a significant fraction of that figure. The only one I can think of off hand is the “PLURIDUS” variety, attributed by the Mint to die abrasion, which is worth upwards of $150 to $175, depending on the grade. I don’t know of any legitimate offer of a “reward” for coin varieties, either.

What are so-called dollars?

They are privately issued medals or tokens similar in size to the old silver dollars.

Always Popular 1856 Flying Eagle Cent PCGS PR64

Several hundred proof (or pattern) Flying Eagle cents were made in 1856, and delivered to congress for approval on the proposed size reduction of the denomination. When collectors became aware of these pieces, demand grew rapidly, and so the Mint struck more of the 1856-dated cents in the following few years for direct sale to collectors, with a final production total estimated between 1,500 and 2,500 coins. Debate continues on whether or not the entire mintage was of proofs, or if the restrikes were from regular production dies, but whatever the case, any Flying Eagle cent bearing the date 1856 remains highly sought-after. Listed at $20,300 in the CDN CPG, $20,500 in the PCGS price guide and $20,000 in Trends.

Offered at $18,500

We do business the old fashioned way, we speak with you.

CALL US TO LOCK TRADES

(800) 257.3253 
8:30 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage

Price is based on payment via ACH, Bank Wire Transfer or Personal Check. 
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.

Tied for Highest Graded, Desirable 1838 Gobrecht Dollar PCGS PR65

J-84 Restrike. These popular and rare Gobrecht dollars were struck between June 1859 and 1863. They were struck on orders of Mint Director James Ross Snowden as trade pieces for rare Washingtonia needed for the Mint Cabinet Collection. To date, only two Original 1838 Gobrecht dollars are known, one is in the Smithsonian and the other in the ANS. Thus, collectors assembling a date set of Gobrecht dollars must seek a Restrike of this rare date. In hand, this coin is much more colorful and attractive than seen in our images The PCGS population is only six with none graded higher. Listed at $145,000 in the PCGS price guide.

Offered at $132,000

We do business the old fashioned way, we speak with you.

CALL US TO LOCK TRADES

(800) 257.3253 
8:30 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage

Price is based on payment via ACH, Bank Wire Transfer or Personal Check. 
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.

American Eagle Sales as of 3/28/2019

March 28, 2019

The following chart includes the year to date totals for 2019 Gold and Silver American Eagle Sales from the U.S. Mint as of 5pm on March 28th. The chart also shows the difference in sales from our last report on March 22nd.

Gold and Silver American Eagle Sales
Gold
CoinSales in oz. /#coins+ from 3/21/2019
One oz.
63,500
63,500
500
500
Half oz.
8,500
17,000
000
000
Quarter oz.
6,000
24,000
000
000
Tenth oz.
11,000
110,000
000
000
Total
89,000
214,500
500
500
Silver
CoinSales in oz. /#coins+ from 3/21/2019
One oz.
7,025,000
7,025,000
000
000