$10 Gold

The ANA World's Fair of Money will host a variety of exhibits in this year's event but none may be more superlative than the six coins to be displayed from the latest recovery of the SS Central America, the legendary �Ship of Gold�. These coins are either the finest known for the grade or tied for the finest known and now make up the finest San Francisco Mint denomination type set of U.S. minted Gold coins which includes the $1, $2½, $3, $5, $10 and $20. These SS Central America coins will…

Long Beach week proved to be excellent for most of the dealers as this was easily the best attended Long Beach Expo in many years. Several major displays and events attracted much of the attendees, but the S.S. Central America exhibit was the main attraction. Now known as the �Ship of Gold�, this astonishing presentation was highlighted by over 30 ingots from the most recent salvage; this portion of recovered gold was insured for $40 million....

The recently completed Legend Regency Sale XXIII, conducted in Philadelphia at the PCGS Members Show, offered a wide selection of gem coins that were not only some of the highest grades for the dates but true rarities as well. The prestigious 1892 S Morgan Dollar in PCGS MS67 CAC, once part of the Eliasberg-Coronet Collection, brought $470,000. While there are ten coins certified in this grade, there are only two that qualify for the CAC sticker....

How do you put a fixed value on a coin in a fluid market? The answer is simple; you can�t. Dealer buy and sell prices, auction prices realized, teletype sales, and bullion values for those coins that are considered generic and influenced by Gold, Silver, and Platinum can be used to determine current prices for U.S. coins. When we put a value on a coin it is from the best information available at the time....

After the Labor Day Holiday, dealers will be heading to So Cal for the Long Beach Expo. The U.S. Mint will be in attendance with a special offering of the Ellis Island BU five ounce Silver coin for dealers and collectors and Heritage Auctions will be hosting their Signature Sale....

Heritage Auctions will host the official sale for Central States taking place this week in Schaumburg, Illinois. Advanced collectors will have the opportunity to acquire an extremely rare 1776 Continental Dollar; this one is Pewter and is certified by NGC as MS63. Another rarity available is the 1795 Capped Bust $10 Gold 13 Leaves in NGC MS62+ with the CAC sticker. While there are about 20 coins certified higher this coin should always be a highlight at any auction; the current NumisMedia…

This will be a busy week for most dealers as they head to the ANA National Money Show in Orlando. Kagin�s is the official auctioneer for this major event and there are certainly numerous potential highlights. One of the more important offerings is the 1860 No Motto $10 Gold in PCGS PR65, the finest known with an original mintage of just 50 coins. There is one other certified in PR63 with a handful of lower grades in Cameo and Deep Cameo. Below are a few more highlights from this sale....

The metals have dropped precipitously over the last week in the wake of the Presidential election. This means lower than expected prices on all bullion related coins seemingly creating buying opportunities for collectors and investors. Currently Gold is around $1,212 and Silver is at $16.70; Platinum, which had been performing a little better, is down to $921. Proof Gold Eagles in the OGP are down to $1,435 for one ounce coins and Proof Silver Eagles are steady at $49 each. Ninety percent…

The just completed Baltimore Whitman Expo raised the usual concerns about the market, and that is, not enough retail, not enough wholesale, not enough public attendance. Yet, when all was said and done, many dealers reported having a good show....

The D. Brent Pogue Collection Part II sale is now complete and many dealers expressed their amazement in just one word�.WOW! Hosted by Stack�s Bowers Galleries and Sotheby�s in New York, there were only 105 coins that brought over $26 million, which averages just under $250,000 per lot....

At last week�s ANA National Money Show in Portland, Stack�s Bowers Galleries held the official sale for the convention. It may not have been as extensive as some of their previous sales but there were numerous rarities that attracted some strong bidding. One of the highlights was the 1839 O Reeded Edge Half Dollar which brought $193,875. This coin is certified by NGC as PR65 and is the finest of four coins known to exist...

Despite the bad weather that may have kept some dealers and collectors from attending the first ever PNG Dallas Coin and Paper Money Show this past week, the official sale hosted by Heritage Auctions was a success with prices realized of just over $6.5 million. One of the highlights of this sale was the 1867 $10 Liberty Gold that was graded PCGS PR64+ Cameo and had the CAC sticker. This coin brought $64,625 and is one of only 50 coins originally produced by the U.S. Mint and there are only…

The ANA in Rosemont, Illinois attracted thousands, but the majority of the attention was on the sale of the 50th Anniversary 1964-2014 Kennedy Half Dollar Gold Proof coins and the two auctions hosted by Heritage Auctions and Stack�s Bowers Galleries. Demand for the Kennedy Proof Gold coins was so frenzied that half way through the show the U.S. Mint suspended sales of the allocated coins for the rest of the week. The joint decision by the Mint and the ANA was made to �ensure the safety of…

One of several highlights was not the highest priced coin in the sale but one that is quite rare in all grades, the 1920 S $10 Gold Indian. Besides the 1933 and the 1907 Rolled Edge, the 1920 S is one of the keys to this short series. This coin was certified by NGC as AU55 and it realized $38,187.50. There are only 16 coins certified in this grade by both services. While this coin had an original mintage of 126,500, most of them were melted when Gold was prohibited after 1933...

The recent Whitman Baltimore Expo proved just how valuable the show is to the coin market. It not only draws dealers from all over the country but it also brings in collectors from the many surrounding states. This show continues to improve and dealers look forward to this major event. When you add a Stack�s Bowers Galleries Auction in conjunction with the Expo, the amount of activity grows immensely. This sale contained numerous rarities that helped bring in prices realized of well over $14…