If you like Ancients, check out the inventory! We’ve added a few, with pictures and descriptions!
Morgan silver dollars were minted between 1878 and 1921 (with a notable break between 1905 and 1920). The coin is named after its designer, George T. Morgan. After Lincoln cents, Morgan dollars are the most commonly collected U.S. coins.
Some of the rarest U.S. coins are Morgan dollars, which can be attributed to the order to melt down 270 million silver dollars by the Pittman Act of 1918. It is estimated that only 17% of all Morgan dollars minted still exist.
However, some of the most common U.S. coins are Morgan dollars! There are still a large number available in many grades.
ProCoin is currently offering select PCGS or NGC Certified Morgan Silver Dollars at a Special Price! Visit our inventory for TODAY’S BEST VALUE!
(images for information only)
In 1918, the U.S. Post Office Department issued the first airmail stamp, picturing a Curtiss JN-4 airplane. It was a 24¢ bi-color stamp requiring two plates and two printing passes. Several sheets of stamps were printed incorrectly with the airplane upside down, or inverted. While all others were caught and destroyed, one of the errors was sold to William T. Robey at a post office in Washington, D.C., resulting in one of the most famous discoveries in U.S. stamp collecting history!
The legendary sheet of “Inverted Jennies” was then sold a week later to dealer Eugene Klein for $15,000, turning a hefty profit of $14,976 (quite a sum in those days)! The sheet then went to Colonel E.H.R. Green for $20,000, who broke it up and sold most of it over the years, keeping select examples for himself.
Professional Stamp Experts (PSE) has certified and encapsulated this Inverted Jenny stamp, a centered and exceptionally fresh example with lightly hinged original gum, as position 73 – PSE graded F-VF 75, Mint OGph.
For determining value, we can look to recent sales. On June 26, 2012, the last C3a Inverted Jenny was sold at auction. It was position 24, a lower grade than this one, certified by PSE as Fine 70. The auction house estimated a sales price of $450,000 before the auction, and it realized $280,000. Prior to that, in March, another example – position 74 – was also estimated to sell for $450,000 and sold for $625,000.00. Additionally, Stamp Market Quarterly currently values this piece at $440,000.00.
Please call Peter Cabral with any questions or comments.
1792 Disme – Judd 11, Pollock 12, R-8.
PCGS Certified as Genuine.
Here is another great piece! Amazingly original 1792 copper plain edge disme pattern coin, colored with deep, milk-chocolate brown combining richness in red, green, gold and steel. The coin has full luster, the devices are strong and bold – Lady Liberty with her hair flowing, and the eagle spread in flight. Additionally – a subject of great debate for over 200 years – the obverse has strong chisel marks, and the corresponding flatness on the reverse, that appear to have been done at the mint. Different schools of thought say either to cancel the coin – instead of the still-needed die, or due to the coin getting stuck in a close collar.
Here is how it was described by Heritage in the 2008 February Long Beach Sale. 1792 P10C Disme, Judd-11, Pollock-12, R.8, Genuine PCGS. 58.2 gn. The obverse portrays Liberty facing to the left with flowing locks of hair. Around, LIBERTY PARENT OF SCIENCE AND INDUS(try), the date below the bust. On the reverse, an eagle flies in a plain field with the statutory legend UNITED STATES OF AMERICA around, and the denomination DISME below. Struck in copper with a plain edge. The plain edge is the distinction that separates Judd-11 from the relatively “common” Judd-10.
The obverse has several heavy marks that are immediately obvious. They are described as “cancellation marks” in the February 2005 Goldberg catalog where this specimen was last offered for sale. At that time, the cataloger observed: “Currently, the exact nature of these markings can only be speculated over and while we will attempt to do just that, feel free to come to your own conclusions. We feel the current coin is a presentation piece of the Plain Edge 1792 disme and that the coin possesses cancellation marks. Generally, the cancellation occurs on the die itself and therefore, the corresponding cancelled coins have raised marks where the metal would flow into the depressed canceling marks on the die. … we know that a single obverse die of this design can be accounted for. Since both Plain Edge (Judd-11) and Reeded Edge (Judd-10) examples are known for the 1792 copper disme, it seems entirely possible that Plain Edge examples were struck, then rejected in favor of the production of reeded edge examples. Obviously, with only one die in existence, the coin itself had to be cancelled rather than the die.”
The description in the Goldberg catalog continues at some length. Their speculation regarding cancellation marks, and canceling coins versus dies, is certainly fanciful, especially given the sale of old dies as scrap metal in later years. We are in full agreement that the marks appear contemporary with the coin, and believe that they occurred about the time the coin was struck.
Aside from the obverse marks, and the corresponding flatness on the reverse, the physical appearance of this disme is amazing. The surfaces on both sides have rich chocolate-brown color, with hints of darker steel. Both sides have full original cartwheel luster, and the design elements are all boldly rendered. It is truly a remarkable, intriguing, and stunning numismatic property that will continue to promote conversation and speculation. (#11029)
Many of you already know Dan – he worked with me here but moved to Rome, Italy and opened a ProCoin branch last year. I was talking with him about the goings on in Europe and below is what he had to say about his experiences in Italy. I found it very interesting and wanted to share:
Having set up shop in the Eternal City about a year ago, I am still adjusting to some of the cultural differences. On my first visit to Italy, about 12 years ago, the country was using the lira currency. Exchanging American money at an Italian bank was confusing because what had been a few dollars in my wallet became thousands of liras. I found it difficult spending thousands of lira for mundane purchases.
Now (since 2002) the official currency of Italy is the Euro. I’m happy to be using the Euro since the conversion rate is much easier to calculate. Unfortunately, when the currency was changed, most prices jumped dramatically. Some small differences exist between the type of bills and coins, but I think most Americans find it easy to use the Euro currency. For example, there is no “quarter” coin, but there is a 20 cent coin instead. Also, there are convenient 1 and 2 Euro coins. There are 1 and 2 cent coins as well as the equivalent of our nickels, dimes and fifty cent pieces. Sensibly, the notes are made in different sizes and colors making it easier to distinguish between them.
When I moved here last year, the exchange rate was about 1 Euro for $1.50 – now the greenback has gained some ground against the Euro and the ratio is close to 1 Euro for $1.25 which represents an increase of almost 17%. Although I’ve adjusted nicely to using the Euro, it hasn’t been all that pleasant adjusting to how expensive most things are here. One of the few bargains left in Rome is coffee as most places charge less than a euro for a cup of Italian coffee. Cappuccino runs about 1 Euro normally. Remember to order caffe’ americano unless you want an espresso.
So, the bottom line about money in Italy is: don’t be intimidated by it BUT plan to spend a pile of dollars for the privilege of using it.
I read that according to a recently released Federal Reserve report, the median family’s net worth suffered a drop of 39% from 2007 to 2010. Holy smoke!
The report continued to note…
* Net worth in 2010 fell to levels not seen since 1992.
* Unrealized capital gains from real estate, businesses, stocks, or mutual funds plunged 11.6 percentage points.
* While the level debt was unchanged, debt as a percentage of assets rose to 16.4% in 2010 from 14.8% in 2007 because the value of the underlying assets decreased faster.
Well, this got me thinking, and I did a bit of research…
Gold prices more than doubled during the same time period.
So I was thinking about money, because at some point the barter system must have become awkward if not impossible. For example, if you’re a fisherman and need bread… and the local baker has plenty of fish or doesn’t like fish… well, you’re out of luck. Or if you’re a farmer and a cold snap kills your crop, you have nothing to trade. You get the idea.
The Greek philosopher Aristotle thought about money, too. He looked at the problem of “commensurability”, or how different things can be measured into the same units of value. And more than 2000 years ago, he came up with a list of qualities that would make “good” money.
- Durable. The ideal candidate would have to endure through time, the elements, and the wear and tear of constant transactions. (How about those fish?! Yikes!)
- Portable. It would have to be easily movable, having value without a lot of bulk. (I guess that leaves out land or even cattle!)
- Divisible and consistent. A good form of money would have to be able to be split into small pieces, and put back together, without changing its fundamental value. (A work of art? Nope. Horse? Yuck!)
- One last thing Aristotle considered… Intrinsic value. He believed that good money would have to be generally accepted as a form of exchange and store of value in and of itself, independent of anything else.
So, what is it that meets these requirements? What is “good” money? For thousands of years, gold and silver have been used as dependable forms of money, accepted means of payment, and safe havens for wealth.
Consider… old gold coins and gold bars have survived through history and remain part of mankind’s accumulated wealth to this day, AND all the gold that has ever been mined is still with us. Just thinking…
My choice is the gold! While buying stocks can be like rolling the dice in Las Vegas, gold has been a trusted asset for thousands of years. Agreed, a diversified portfolio is highly recommended for building and preserving wealth, so stock and bonds can have their place. But many experts agree that there are compelling reasons to invest a portion in gold and other precious metals. And I have to say that no other investment offers the same feeling of holding a rare coin in my hand that was around the same time as Ben Franklin!
Food for thought: there is only one stock left that was in the original Dow Index.
The 2010 Boy Scouts Commemorative Proof Silver Dollar coins were produced to commemorate the 100th Anniversary of the Boy Scouts Program. History: As of 2010, the Boy Scouts of America Program is the largest youth organization in the U.S. It has close to 3 million young members and over 1 million adult members. Since February 8, 1910, the Boy Scouts of America has had more than 111 million participants in the program. Overview: On March 23, 2010, the U.S. Mint issued the 2010 Silver Dollar Boy Scout Commemorative coins. Many collectors were predicting a sellout before the coins were even issued by the U.S. Mint. Consequently, the Mint imposed a 100-coin maximum ordering limit per household. The Proof coins finally sold out on June 18, 2010. The Mint produced both Proof and Uncirculated versions of the 2010 Boy Scouts Commemorative coins. Between both product options, the maximum authorized mintage was set at 350,000. Both Uncirculated and Proof coins were produced at the Philadelphia Mint. This PERFECT example will continue to rise in value.
2009 ULTRA HIGH RELIEF GOLD COIN
In January of 2009, the United States Mint issued the 2009 Ultra High Relief Double Eagle Gold Coin. This coin promises to fulfill Augustus Saint-Gaudens’ vision of an ultra high relief coin that could not be realized in 1907 with his legendary Double Eagle liberty design.
The 2009 Ultra High Relief Double Eagle Gold Coin shows the Nation and the world the very best the United States Mint has to offer. The 21st century vision of the United States Mint, combined with technological advances, enabled the United States Mint to realize the previously unattainable goal of making the coin accessible to all Americans.
Through 21st century technology and the vision of Director Ed Moy, original Saint-Gaudens coin plasters were digitally mapped by the United States Mint. Using the digital design and die-making process, the Saint-Gaudens sculpture — in ultra high relief — has been updated to reflect the year 2009, an additional four stars to represent the current 50 states, and the inscription “In God We Trust,” which was not on the 1907 version.
Additionally, a small border was added for a more consistent edge. The 2009 coin is made of 24-karat gold. Pure 24-karat gold is much more malleable than 22-karat or 90% gold coins, making it better material for striking the ultra high relief. The coin is a uniquely American artistic expression — created by an American sculptor and crafted by an iconic American institution.
Flashback to 1933 as a gorgeous Zeppelin flies through the air over a fabulous city and hangar. This stamp is in Mint Condition with original gum, never hinged. PSE certified as F-VF 75 for authenticity and condition. Please call for further information.
An exceptional stamp with dead-on perfect centering amidst balanced margins, This stamp is a borderline Gem-100. According to PSE’s population report only one stamp has received a higher grade. Call us for more info today (866) 472-8126
Recent market turmoil has again shown that gold is a safe haven in rough financial waters. Gold has been mankind’s currency of choice for thousands of years. Gold protects your portfolio as a safe, secure, liquid tangible asset.
For physical delivery, this asset can be obtained in several forms including bars, coins, jewelry and art, among others. Bars usually need to be assayed before trading. Jewelry and art, although very beautiful, have high fabrication premiums.
For most individuals, Legal Tender gold coins are the easiest to buy, sell and trade, and are backed by their country of origin.
Some examples are American Eagles, Canadian Maple Leafs, South African Krugerrands and Chinese Pandas.
Basic Principles when Buying Gold
When buying gold for physical delivery, always take shipping charges into consideration. Be sure to have a storage facility in mind like a safe or safety deposit box. Only deal with reputable dealers – gold is CASH.
PSE graded Gem 100 Mint, OGnh Scott #821
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