"Return with us now to those thrilling days
of yesteryear!" Those were the words that were
heard every afternoon at 4:30 in the 1950s as
the Lone Ranger came on TV. It is now only two
weeks until more thrills from yesteryear will be
offered, but this time it's rare Colonial coins
from the 17th and 18th centuries. In one of the
largest offerings of Colonials ever available at
public auction, Bowers and Merena
Galleries is selling hundreds and hundreds
of lots of early Americana in The Collections
of Phillip Flannagan, Dr. Robert I. Hinkley, Dr.
John C. Wong and Tree Many Feathers sale.
This monumental sale will take place November 29
through December 1 in Baltimore, Maryland, in
conjunction with the Suburban
Washington/Baltimore Coin Convention.
Colonial coins have been one of the strongest
areas of the market in recent years, and this
sale has whetted the numismatic appetites of
collectors and dealers from around the country.
Here are a few of the highlights:
| 1652 Pine Tree Sixpence
|
PCGS MS64 |
| (1659) Lord Baltimore
Sixpence |
PCGS AU53 |
| (1659)
Lord Baltimore Shilling |
PCGS
MS64 |
| 1760
Voce Populi Farthing |
PCGS
AU58 |
| 1773
Virginia Halfpenny |
PCGS
MS65BN |
| 1776
Continental Dollar in Pewter |
PCGS
MS63 |
| 1783
Chalmers Threepence |
PCGS
MS63 |
| 1787
Fugio Cent with Club Rays |
PCGS
AU58 |
| 1787
Nova Eborac Copper |
PCGS
AU55 |
| 1787
New Jersey Copper |
PCGS
AU58 |
This sale also features the Phillip Flannagan
collection of Bust dollars, which includes the
Amon Carter specimen of the 1804 dollar among
many, many other highlights. To view the lots
and/or to bid online, click
here.
"Tree Many Feathers" Sale is also on
the agenda.
There are two significant offerings of the
Tree Many Feathers collection scheduled for
Baltimore. In addition to the sale above, there
is a marvelous selection of his coins in the
Tree Many Feathers auction on November
28. Why have two sales from one major consignor
at the same time? The first sale was originally
to be held in New York City on September 15 of
this year, but the auction was postponed due to
the tragic events of September 11.
To view the outstanding selection of US
Pattern coins, $20 gold pieces and much more
from this sale, click
here.
PCGS certifies several major
off-metal rarities.
Do you have a 1999 quarter that looks like it
was struck in gold? Well, it's not gold, but
you'll think you've struck the precious metal
anyway in case you locate one. In recent months
golden colored examples from all five states
(Delaware, Pennsylvania, New Jersey, Georgia and
Connecticut) have surfaced. What is the story?
"These coins are beautiful!" exclaims Fred
Weinberg, a veteran dealer and error coin
specialist from Encino, California. "They're
even more golden in color than the Sacagawea
dollars. These quarters were probably struck
from blanks that were punched from prototypes
for the Sacagawea dollars. So far these errors
are only known on the quarters and haven't been
found on any other denominations. There are
about 15 pieces known from all states combined
and there's already a sales record in excess of
$10,000."
Mike Byers of Lake Forest,
California, also deals extensively in error
coins and has made some interesting discoveries
about these coins. "They've shown up in original
bags, counting rooms and coin shows. They have a
brassy golden color with four different
compositions."
Four different? "One has the Sacagawea golden
color with a copper core, another has the same
color with no copper core, a third has a green
color with a copper core and a fourth has a
green color with no copper core," Byers
explained.
Besides the color, what are the clues for
spotting one of these errors? "They're
overweight and thicker than the regular pieces,"
Byers said. "Besides that, they have a slightly
rough edge and some have incomplete reeding."
Market remains active in modern
issues, key rarities.
To check the pulse of the rest of the market
I talked to Van Simmons of David Hall Rare
Coins in Newport Beach, California. "There
are so many factors that should point to a
slowdown in the rare coin market, most notably
the political and economic uncertainty, that it
is quite reassuring to see all the activity that
is going on," Simmons said. "The sub-$1,000
coins are selling as well as ever, and any coin
that goes into a top PCGS
Set Registry collection is also an
immediate seller."
What about other areas? "Key coins in all
price ranges are always in demand, whether
they're silver dollars, Walking Liberty half
dollars or gold type coins. If the threats of
recession are as short-lived as the experts
predict the market looks extremely promising for
many years to come."
Bruce
Amspacher has been a professional writer since
the 1950s and a professional numismatist since
the 1960s. He won the OIPA sportswriting award
in 1958 and again in 1959, then spent eight
years in college studying American Literature.
This background somehow led him to become a
professional numismatist in 1968. Since then he
has published hundreds of articles on rare coins
in dozens of publications as well as publishing
his own newsletter, the “Bruce Amspacher
Investment Report,” for more than a decade. His
areas of expertise include Liberty Seated
dollars, Morgan and Peace dollars, United States
gold coins, sports trivia, Western history,
modern literature and the poetry of Emily
Dickinson. In 1986 he was a co-founder of the
Professional Coin Grading Service (PCGS). Today
he is a full-time writer for Collectors
Universe.
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