DHRC 4020-01 Velvet Tray #33
Transcription
DHRC 4020-01 Velvet Tray #33
“for those special coins”— VT Issue #77 the VELVETTRAY www.davidhall.com Gold, Coins, and Your Net Worth! Guest Columnist, David Hall Ok, I’m not really a guest columnist, but Van usually does the Velvet Tray commentary. Van and I have been talking about gold a lot lately and Van has asked me to share my thoughts on gold with all of our clients, so here goes… Everybody seems to be talking about gold nowadays. And many socalled experts have been predicting gold prices to go to $2,000, $3,000, and even $5,000 per ounce. I am not going to make any predictions. What I will do is present a somewhat different view of how to think about gold. We’ll start with the fundamentals. I don’t want to beat dead horse and I’m sure you’ve probably heard this all before, but the bottom line is that the United States has a fiat currency. And you need to think about that in a way that gets your head on straight about gold, coins (if you like coins), and your real net worth…not your dollar-denominated net worth (that’s part of the grand scheme that’s been foisted on us all), but your real tangible net worth. The paper money in your wallet and the “electronic” money in your bank accounts is supposedly backed by the “full faith and credit of the U.S. Government.” It’s not backed by gold or any other tangible asset. This “money” is just a bunch of pieces of paper that proclaim “This note is legal tender for all debts public and private.” It’s just paper. And yes you can go to the grocery store and exchange this paper for food. But the fact is that this money buys less food than it did a year ago, which was less than it bought ten years before that, which was less than it bought 20 years ago, which was way less than it bought 30 years ago. I won’t take your time and review the obvious…let’s just state what we all know…the value of the U.S. dollar has deteriorated dramatically over the long term. If you’re older than a teenager you’ve seen the purDavid Hall chasing power decline dramatically. It’s a fact that no one can dispute. The question is what can you do about it? The first thing you need to do is to get your head on straight about the value of the dollar Continued on page 2 1932 $20 Saint, PCGS MS66 A absolutely superb specimen. One of the rarest issues and one of the most important United States coin series. The $20 St. Gaudens was minted between 1907-1933. The coinage stopped when President Roosevelt made gold ownership for U.S. citezens illegal in 1933 (that prohibition was repealed in 1975). Twenty dollar gold pieces were not used in everyday commerce, and were mostly allocated to large ( mostly international ) business transactions. The Philadelphia issues from 1924-1928 are the most commonly seen issues. The St. Gauden issues from the years 1929-1933 are all extremely rare in all grades. They were not saved at the time of issue and most were turned in when gold was recalled in 1933...and the majority of those coins hit the melting pots. The 1932 has a survival rate of somewhere less than 100 coins in all grades. Most coins exist in the MS64 grade with a few dozen MS65 in existence. PCGS has only graded 8 examples MS66 (including this wonderful Gem) with 1 example grading MS66+. Twentieth Century gold expert, David Akers, wrote the following statement in his monumental book on the St Gaudens series: "Most 1932 double eagles are very frosty, but some have a definate satiny texture to the surface. Typically, the 1932 is very sharply struck, although it is not unusual to find a specimen, usually one of the satiny ones, with a softness or lack of definition on the figure of liberty. Some specimens have obvious signs of metal flow near the rims. As a rule, a high grade 1932 is a great looking coin with outstanding luster and color. The color on most specimens is a medium to rich yellow or greenish gold, but there are also a number of examples with light to medium orange and greenish gold color." Note that all the 1929-1933 $20 St Gaudens usually come in very nice condition with incredible luster and eye appeal. The only real problem is the number of marks. The coins that do survive are the ones that were saved at the time of issue and they were handeled with obvious care. This specimen is one of the finest 1932's we have ever seen. It is not soft in the devices and it has the rich yellow/greenish gold look. It exhibits incredibly vibrant luster and tons of life. It's an absolutley fantastic St. Gaudens, regardless of it's rare date status. We would estimate that it's certainly one of the top 5 examples known of this very rare and important 20th Century gold rarity........................................................................................................................................................................$165,000 Coin of the Month [email protected] • 1-800-759-7575 • Complete listings and images for all coins at www.davidhall.com 2 and the price of gold…and everything else. Don’t think I’m going all radical on you, but I truly believe this is all just a big government ponzi scheme. I don’t think the politicians think consciously about reducing the purchasing power of the dollar and I doubt that they call what they do a ponzi scheme. I’m pretty sure politicians just think about getting re-elected and the tools to accomplish that are silly deficit spending and catering to special interests and/or anyone who will vote for them. But this whole mechanism is a ponzi scheme of sorts…robbing Peter to pay Paul, in this case robbing the future to pay the present. And it is destroying the value of the dollar. And it’s put our country in a pretty precarious position. This robbing the future to pay the present has been going on for decades and eventually there comes a point when the house of cards gets pretty shaky. When, if, and how the house of cards get shaken into a different reality is something I don’t know. But I do know that it is now mathematically impossible for the U.S. Government to pay its debt. The question is what to do about the dollar denominated house of fiat money cards. And the first thing I think everyone should do is get their head on straight about dollar denominated thinking. This is part of the problem. You think you live in a million dollar home. But a lot of people live in million dollar homes…it just doesn’t mean what it used to. In 1962, my parents bought a house in Santa Ana, California. It was pretty nice for the time…1500 square feet, 4 bedrooms, and a real swimming pool. I’ll even give you the address…914 N. Mountain View, Santa Ana, California. You can go to Zillow.com and see a picture of that house and the swimming pool I swam in as a teenager. My parents paid $12,000 for the house. At the time there were no million dollar homes…maybe Hearst Castle, but no real homes. An ultra mansion, the biggest in Beverly Hills, was maybe $100,000…maybe. According to Zillow.com the house at 914 N. Mountain View is now worth $377,000 (down from $600,000 in 2007). But did the house really go up 31 times, i.e. 3000%, in the past 48 years? Let’s look at it a different way. In the 1962, the price of gold was $38 an ounce so it would have taken 317 ounces of gold to buy that house. As I’m writing this gold is $1220 an ounce so today it would take 309 ounces of gold to buy that house. So, if my parents were alive and they still owned that house they could say they had made over $350,000 on that house. But would they really have? They would if you think of that house as a dollar denominated asset. But in terms of their real tangible net worth nothing has really changed. And you know what…that house is still the same house (basically) that it was in 1962. The house hasn’t changed, and an ounce of gold hasn’t changed. What has changed is the value of the dollar, and the dollar’s value has collapsed long term. Let’s talk about gold and getting your head on straight about the value of the dollar. When it comes to gold, you need to avoid the trap of thinking about the price of gold in U.S. dollars, or any other currency for that matter. When it comes to the gold I personally own, I NEVER THINK ABOUT THE PRICE OF GOLD IN DOLLARS. It’s not the number I pay attention to. The number I think about is THE NUMBER OF OUNCES I OWN! That’s the number I want to get bigger. And I don’t care about the price of gold in dollars. If the dollar price goes down, I buy more. If it goes up, I smile. Either way I’m happy…and it’s also very liberating. We have some clients that are always trying to pick the best time to buy some gold. We have a few that have been waiting for the right time since gold was $450 an ounce. But I never try to pick the best time to buy gold, I just buy it when I feel like I want some more. And I advise you to take the same approach. It’s so much simpler and so much less stressful. You should own gold…no question about that. And you should buy gold when you feel like you want to own it. What about rare gold coins, or rare coins in general? They are another tangible asset class and a great one at that. And over the long term, they’ve been an even better hedge against the dollar than plain gold bullion. It would have taken a lot more proof gold coins, rare $20 St. Gaudens, 19th century silver type coins, Gem quality Walking Liberty half dollars, etc. to buy the house at 914 N. Mountain View in 1962 than it would today as unlike gold bullion which has held it’s value compared to that house, Gem quality rare coins have actually gone up in real value. And rare coins have a tendency to lag during sharp run-ups in gold prices. So right this moment, rare coins are relatively inexpensive as a real asset class. But like with gold bullion, you need to get your head on straight about prices. The right time to buy is when you want to own some coins. Bottom line…the dollar will continue to depreciate in value long term, and nothing will be done by politicians to stop the trend. They couldn’t even if they wanted to anyway. So make sure you own some gold bullion, and if you like rare coins, now’s a great time for them too. Get some gold and have fun with your coins! David Hall [email protected] • 1-800-759-7575 • Complete listings and images for all coins at www.davidhall.com 3 MASSACHUSETTS SILVER NICKELS 1652 Colonial, Pine Tree, Lg Planchet PCGS AU55 – Super high grade example of one of the most historically important coins. The Massachusetts silver coins, dated 1652 but struck between 1652 and 1682 were literally thumbing their nose at the British Crown. It was illegal of the colonists to strike their own coins, but they did it anyway, backdating the coins. The Massachusetts silver coins were crudely manufactured. They were usually not saved, so high grades are very rare. This specimen is a lovey Almost uncirculated with just a touch of wear on the high points. The coin retains much of its original luster. The color and eye appeal are fantastic. This is a really beautiful example of one of the truly important United States coin issues.......................$16,500 1905 Liberty Nickel, PCGS MS65 – A super flashy Gem example of this popular 20th Century type issue. The surfaces are clean and the strike is bold with full corn stalk on the reverse..........................................................$595 1883 Liberty Nickel, With CENTS PCGS PR66 – A deep mirrored cameo Gem. The fields are depply mirrored with light cameo devices. A truly superb example. PCGS has only graded 4 examples higher in the past 25 years..........$975 1916-D Buffalo Nickel, PCGS MS65 – A superb example of this scarce early Denver Mint Buffalo Nickel...................................$2,150 HALF CENT 1804 Draped Bust Half Cent, Spike Chin PCGS MS64BN – The 1804 "Spiked Chin" half cent is one of the most famous half cent varieties. At the time of striking there was a die break that resulted in what looks like a "spike" coming directly out of miss liberty's chin. Thsi popular variety is very rare in mint state. PCGS has only graded 6 examples MS64 BN, with just 1 example MS65 BN. PCGS has never graded an 1804 spiked chin red brown or red. This example has very clean mark free surfaces. The strike is quite bold and the luster is iridescent and totally original. This is a very high end example for the grade and probably the 2nd or 3rd finest known of the variety.................$6,500 CENTS 1898 Indian Cent, PCGS MS66RD – This is a gorgeous full red example of this date.....$2,275 1909-S/S Lincoln Cent, S/Horizontal S PCGS MS65RD – This is a gorgeous Gem example of this important Lincoln cent variety. This variety is a rare key date in any grade, and the S/Horizontal S variety is very rare. This example has beautiful original red surfaces and fantastic iridescent luster.........................................$1,375 1924-D Buffalo Nickel, PCGS MS65 – A gorgeous, full luster Gem. The surfaces are outstanding and the strike is exceptional. The look is absolutely wonderful. PCGS has only graded 1 example of this scarce date higher than MS65 in the past 23 years..................................$3,950 HALF DIMES 1839 Liberty Seated Half Dime, No Drapery PCGS MS66 – A super frosty, original luster Gem. The 1839 No Drapery half dime is one of the first issues from the Liberty seated half dime series. The No Drapery from the elbow, which was only made for 3 years (1838-1840) makes this a 3 year only type coin. This example has super clean surfaces and an absolutely razor sharp strike ( every feature of every star, miss Liberty's hair, and every single leaf upon the reverse wreath shows 100% full detail). The coin has blast white color, but the luster is creamy and totally iridescent...convincing me that this coin has never been cleaned or played with. A truly remarkable Gem!................$3,900 1840 Liberty Seated Half Dime, No Drapery PCGS MS66 – A wonderful example of this important three-year type coin! Frosty white, with just a touch of a blue-gold patina. The surfaces are pure satin, and the strike is full on every element. No Drapery type coins will be in demand forever. An absolute GEM!........$3,900 1853 Liberty Seated Half Dime, Arrows PCGS MS66 – A truly superb example of this important 3 year only type coin. The arrows were added to the date in 1853 to signify a change in silver content. This made for a 3 year only type coin as the arrows were removed in 1856. This example is as fresh and original as the day it was struck. The surfaces are virtually perfect and truly superb. The strike is absolutely amazing. The seated half dimes almost always come with some areas that are softly struck, but this issue exhibits full detail of every single star and full detail of miss liberty's hair, along with matching razor sharp detail of the reverse wreath. Truly superb type example...........$3,350 1854-O Liberty Seated Half Dime, Arrows PCGS MS65 – A superb example of this scarce New Orleans type issue. The surfaces are fabulous and the strike is sharp. The luster is frosty and original. PCGS has only graded ten examples MS65 in the past 18 years with just two examples graded higher. These early issues from the New Orleans mint are quite scarce in Gem condition............................................$3,975 1858 Liberty Seated Half Dime, PCGS MS66 – A superb Gem type example. The surfaces are super-clean and mark-free and the coin has rich original golden rainbow toning.................$1,750 1867 Liberty Seated Half Dime, PCGS MS65 – A frosty Gem example that is very rare in all grades. The surfaces are clean and free of any major marks. The luster is very white and frosty. The coin is interesting in that it exhibits clash dies on the obvere and a minor die break. This date has such a low mintage that essentially all examples are early strikes, and it is hard to explain the minor die crack and how a new die could fail so early in the minting process. Maybe that had something to do with the low mintage. Either way, this coin is not only very rare, it is also numismatically quite interesting. Note that PCGS has graded a mere 10 examples MS65, with just 7 examples grading higher...................................................$2,450 1868 Liberty Seated Half Dime, PCGS MS66 – A gorgeous condition census example of this low mintage date. The 1868 half dimes are rare in all grades and Gems are quite rare. This example has virtually perfect, semi proof-like surfaces. The strike is exceptionally bold and the color is a deep turquoise blue. This is a stunning example of the type and probably one of the top 4 or 5 finest examples of the date.......................$2,750 [email protected] • 1-800-759-7575 • Complete listings and images for all coins at www.davidhall.com 4 Half Dimes Continued 1872-S Liberty Seated Half Dime, Mintmark Below PCGS MS66 – A super frosty, truly suberb Gem example of this important 19th Century silver type issue...........................$14,50 DIMES 1871 Liberty Seated Dime, PCGS MS65 – This is one of the finest known examples of this date. PCGS has graded a mere 4 examples MS65 in the past 24 years, with just 5 examples graded higher. The 1871 is actually a very scarce date in mint state, and it's clearly evident when you consider that there are only 32 examples found in ALL mint state grades. Gems grades are obviously very rare and this is one of the top 10 examples for the date. The surfaces are exceptionally clean and the luster is white and frosty. This is a beautiful condition census example.....................................................$2,450 1877-S Liberty Seated Dime, PCGS MS66 – A gorgeous pure white full lustered Gem. One of the 2 or 3 finest for the date. The 1877-S is quite scarce in mint state condition and very rare in Gem condition. In 1877, the liberty seated dimes were simply not saved in San Francisco. This example is truly superb with very clean surfaces. The strike is quite bold and the luster is white and very flashy. PCGS has only graded 2 examples of this date MS66 in the past 24 years with just 1 graded higher. This is one of the top 2 or 3 finest known examples of this conditionally rare date...................$4,750 1881 Liberty Seated Dime, PCGS MS66 – A truly superb example of this very low mintage date. Note that a mere 24,000 coins were originally minted in 1881, making this a rare issue in any grade. Mint state examples are very rare and superb examples are few and far between. In fact, PCGS has graded a mere 6 examples MS66 in the past 24 years and none have ever graded higher. This specimen has remarkable, super clean surfaces. The strike is 100% full, and as sharp as you will ever see on any liberty seated dime. The luster is magnificent: white with a tinge of color. This is certainly one of the finest known examples of this low mintage issue and could quite possibly be THE finest known example in the MS66 grade..........$4,450 1858 Liberty Seated Dime, PCGS PR65 – A gorgeous Gem example of this very early proof issue. Note that the stars obverse type of liberty seated dime was only made through 1859...so consequently proofs of this type are very rare. This example exhibits very deeply mirrored surfaces and unattributed cameo devices. The color is a deep blue rainbow. The eye appeal is fantastic and if you are a fan of Gem rainbow type coins, you will love this coin.......................$5,450 1937 Mercury Dime, PCGS PR66 – A very deeply mirrored, truly superb Gem...............$695 QUARTERS 1882 Liberty Seated Quarter, PCGS PR67CAM – One of the finest known examples of this date. In the past 25 years PCGS has only graded 2 1882 quarters PR67 cameo and none have been graded higher. PCGS has never graded a deep cameo 1882 quarter PR67 deep cameo. This coin has extremely deeply mirrored surfaces and pure white cameo devices. The contrast and eye appeal are spectacular........................$6,900 1908 Barber Quarter, PCGS MS65 – A gorgeous, bright frosty Gem with a bare trace of original golden toning that proves the originality of this excellent type example..................$1,175 1858 Liberty Seated Quarter, PCGS MS66 – A frosty white Gem example of this "No Motto" type issue. They are much rarer than the later "with motto" type quarters, especially in Gem condition. This example has outstanding details and super flashy white luster...................$6,500 1866 Liberty Seated Quarter, Motto PCGS MS65 – A Gem example od a very rare Civil War era issue. A mere 16,800 coins were originally minted in 1866 and this issue is rare in all grades. Only a handful of mint state example survive today. PCGS has graded 7 examples MS65 and only 1 example MS66. This example has very clean surfaces and very frosty luster. Note that ALL examples of this issue have some weakness of strike on the left side of the shield on the reverse. This example is no exception in that regard...it is however, one of the finest known examples of this very rare date.....$8,500 1915-D Barber Quarter, PCGS MS66 – A frosty white Gem example of this extremely important 20th Century type issue............$2,150 1928-S Standing Liberty Quarter, PCGS MS65 – A gorgeous frosty Gem with a tinge of light golden original color............................$595 1934 Washington Quarter, PCGS MS67 – A gorgeous pure white Gem example. The luster is absolutely blazing in every way. PCGS has only graded 1 example of this issue higher than MS67. This is one of the finest we have seen for the date..................................................$945 1940-S Washington Quarter, PCGS MS67 – A truly sprectacular Gem example.! The surfaces are exceptionally clean and virtually perfect. The strike is very sharp, especially for a San Francisco Mint issue. What really sets this coin apart is its wonderful iridescent luster and very light golden peripheral toning. The look eye appeal of this coin is simply spectacular. Note that PCGS has graded a mere 39 examples of this issue MS67, with one lone example graded higher.........................................................$1,650 1943-S Washington Quarter, Doubled Die PCGS MS65 – A gorgeous Gem example of this very rare Washington quarter variety. The doubling is very easily seen on the "IN GOD WE TRUST" motto, along with the date and "LIBERTY." This specimen is white and frosty with just a tinge of original golden toning. PCGS has only graded 17 examples MS65 with just 4 graded higher.........................................................$3,750 1941 Washington Quarter, PCGS PR65...$150 [email protected] • 1-800-759-7575 • Complete listings and images for all coins at www.davidhall.com 5 HALF DOLLARS 1935-D Walking Liberty Half Dollar, PCGS MS65 – An original Gem! This date is tough to locate in Gem quality, but this definitely qualifies. The surfaces are MS66+, but the usual strike is in evidence, with 80% head and skirt and no hand detail. Rich luster and excellent silvery color...............................................$1,550 1936 Walking Liberty Half Dollar, PCGS MS65................................................$195 1879-S Morgan Dollar, PCGS MS65........$149 1880-CC Morgan Dollar, PCGS MS65.....1,550 1880-S Morgan Dollar, PCGS MS65........$149 1881 Morgan Dollar, PCGS MS65 – A frosty, super white Gem example of this scarce early Philadelphia issue.........................................$695 1881-S Morgan Dollar, PCGS MS65........$149 1830 Capped Bust Half Dollar, Small 0 PCGS MS65 – A gorgeous Gem example of this early silver issue. Bust half dollars were made in significant quantities and are somewhat easy to obtain in lower circulated grades. They are rare in mint state and very rare in Gem condition. This specimen has remarkable, virtually flawless surfaces. The strike is quite bold with all star details, hair detail and eagle feathers sharply displayed. The coin has vibrant, iridescent luster with light original patina.......$11,500 1937 Walking Liberty Half Dollar, PCGS MS65................................................$245 1937-D Walking Liberty Half Dollar, PCGS MS65 – A pure white Gem with exceptionally clean surfaces..............................................$795 1882-CC Morgan Dollar, PCGS MS65 – Frosty white Gem!........................................$545 1882-S Morgan Dollar, PCGS MS65........$149 1883-O Morgan Dollar, PCGS MS65........$149 1938 Walking Liberty Half Dollar, PCGS MS65 – A flashy white, pure Gem example........................................................$365 1939 Walking Liberty Half Dollar, PCGS MS66................................................$285 1884-CC Morgan Dollar, PCGS MS65 – A pure white Gem............................................$475 1885 Morgan Dollar, PCGS MS65............$149 1885 Morgan Dollar, PCGS MS66............$395 1902 Barber Half Dollar, PCGS MS65 – A frosty white example of this conditionally sensitive and underated date. The 1902 Philadelphia is somewhat generic in lower grades, however, in Gem condition it is quite rare. In the past 24 years PCGS has graded a mere 16 examples MS65, with just 5 examples grading higher. This particular specimen is especially nice. The strike is 100% full and the surfaces are very clean. The luster is white and quite flashy, with just a bare, almost unmentionable, tinge of golden patina to prove the coin's originality. The blast and eye appeal of this coin are truly outstanding. I believe this is undoubtedly one of the 10 finest known examples of this date.....................$4,500 1909 Barber Half Dollar, PCGS MS65 – A frosty white Gem with blazing original luster. The reverse grades MS67 or better..........$3,350 1912-D Barber Half Dollar, PCGS MS65 –A fresh and frosty Gem! This piece will make an outstanding type coin for an astute collector, especially one who is interested in the early issues from the Denver Mint. Icy white, with a tinge of original color on the obverse 11 o'clock position.....................................................$3,350 1943-S Walking Liberty Half Dollar, PCGS MS65 – A white iridescent Gem example of this tough San Francisco mint issue............$395 1943-S Walking Liberty Half Dollar, PCGS MS66 – A truly superb example of this San Francisco mint issue. The strike is quite bold with thumb detail present, which is highly unusual for this issue. The luster is white and clean.............................................................$695 1885-O Morgan Dollar, PCGS MS65.......$149 1885-O Morgan Dollar, PCGS MS66.......$435 1886 Morgan Dollar, PCGS MS65...........$149 DOLLARS 1886 Morgan Dollar, PCGS MS66...........$450 1873 Liberty Seated Dollar, Seated PCGS MS64 – The Seated Liberty Silver Dollar coin of 1840 to 1873 was the first regular issue coin of this denomination since 1803. An attractive coin with nice strike. This seated liberty dollar exhibits original color with hints of beautiful cobalt toning throughout the peripheries. PCGS has only graded 20 of these in the past 24 years with just 6 grading higher.........................$7.500 1887 Morgan Dollar, PCGS MS65...........$149 1887 Morgan Dollar, PCGS MS66...........$425 1888 Morgan Dollar, PCGS MS65...........$205 1888 Morgan Dollar, PCGS MS66+ An incredible, flashy near perfect Gem. The surfaces are super clean and the strike is razor sharp. The luster is pure white and absolutely blazing. This coin is very close to MS67.......................$1,450 1897-S Morgan Dollar, PCGS MS65 – A beautiful Gem example of this scarce San Francisco mint issue. The surfaces are clean, the strike is outstanding, and the luster is white and flashy.....................................................$625 1911 Barber Half Dollar, PCGS PR65 – A gorgeous Gem proof with unattributed light white cameo surfaces........................................$3,850 1927-S Walking Liberty Half Dollar, PCGS MS64....................................................... $2,950 1885-CC Morgan Dollar, PCGS MS65 – A white Gem! A fully struck piece with nice surfaces. Low mintage, high quality, Carson City Mint---this coin has it all.................. $1,275 1878 8TF Morgan Dollar, PCGS MS65 – A beautiful example of the first Morgan dollar. The surfaces are clean and the strike is exceptional. The coin exhibits frosty original white luster and the obverse is semi-prooflike. A true Gem...........................................................$1,350 1898 Morgan Dollar, PCGS MS66............$695 1898-O Morgan Dollar, PCGS MS66+ A gorgeous near perfect Gem. The surfaces are very clean and the strike is full in every way. This coin exhibits tons of cartwheel and fantastic luster.............................................$695 [email protected] • 1-800-759-7575 • Complete listings and images for all coins at www.davidhall.com 6 Dollars Continued 1898-O Morgan Dollar, PCGS MS67 –A near perfect Gem example. The surfaces are very clean, the strike is very bold and the luster is truly exceptional. The coin has a tinge of peripheral gold color and is completely original in every way. Note that PCGS has never graded an example of this date higher than MS67.............$1,625 1902-S Morgan Dollar, PCGS MS65 – A gorgeous example of this scarce San Francisco issue. The surfaces are very clean, especially the cheek...and the strike is outstanding. The coin exhibits semi proof-like surfaces and a fantastic glow...........................................$2,950 1903-O Morgan Dollar, PCGS MS65 – A frosty white Gem.........................................$695 1903-0 Morgan Dollar, PCGS MS66 – A superb Gem in every way. The surfaces are super clean and the strike is razor sharp. The luster is super flashy...................................$945 1903-0 Morgan Dollar, PCGS MS66+ A truly superb Gem, with pure white luster and fantastic surfaces. Very close to an MS67........$1,350 1904-O Morgan Dollar, PCGS MS65......$149 1878 8TF Morgan Dollar, PCGS PR66 – A truly superb example of one of the rarest of all proof Morgan dollars. In 1878 8 tail feathers was the first Morgan dollar issue. For proofs...a mere 500 were originally minted and survival rates for this issue are quite low, with an estimated 100-150 pieces surviving today. This is one of the few proof issues in the Morgan dollar series that one simply doesn't see frequently. The only issues that are rare are the 1878 7 tail feather reverse of 1878, and the 1878 7 tail feather reverse of 1879. This is the third rarest of all the proof Morgan dollars and it is much rarer than the highly coveted 1895. Most 8 tail feather proofs are found in much lower condition as the low survival rates would lead one to believe that in 1878 the first few proof Morgan dollars were not saved with any great care. In the past 25 years PCGS has graded a mere 9 specimens PR66, with just 1 coin graded higher. This specimen happens to be an old friend, and it's actually the third time we have handled this exact coin in the past 30 years. The surfaces are very deeply mirrored under gorgeous gold green toning. This is a completely original, and virtually perfect Gem example of one of the rarest of all Morgan dollars....................$12,500 long considered the the key date for the Peace dollar series. This specimen has superb surfaces and the strike is quite sharp for a San Francisco mint Peace dollar. The luster is simply amazing: pure white and totally blazing. This is one of the nicest 1934-S Peace dollars we've ever handled. PCGS has never graded a 1934-S Peace dollar higher than MS66...............$31,500 1921 Peace Dollar, High Relief PCGS MS66 – A frosty well struck example of this super important 1 years only type coin. The 1921 dollar is the first year of issue for the Peace dollar series. For this first year the coin was struck in high relief. This soon proved commercially impractical and the coin's relief was lowered tremedously the following year. This specimen has superb clean surfaces. The strike is outstanding with full hair detail and the eagle's feathers are 95% full. The strike is a big problem with this issue and the reason why the high relief was discontinued the following year. It is virtually impossible to find an example of this issue graded higher...................................$5,850 1935-S Peace Dollar, PCGS MS65 – The last coin in the Peace dollar series and this is a pure white, super frosty Gem............................$1,175 GOLD DOLLARS 1849 Gold Dollar, Open Wreath PCGS MS65.............................................$6,950 1922 Peace Dollar, PCGS MS65..............$155 1922-D Peace Dollar, PCGS MS66 – Flashy white near perfect Gem example. PCGS has only graded 3 examples higher than MS66 inthe past 25 years. The surfaces of this superb Gem are super clean...especially the cheek. The strike is outstanding and the luster is very iridescent..................................................$2,650 1923 Peace Dollar, PCGS MS65..............$155 1924 Peace Dollar, PCGS MS65..............$155 1925 Peace Dollar, PCGS MS65..............$155 1926-S Peace Dollar, PCGS MS65 – Super flashy, white original luster with a tinge of golden toning on the periphery....................$925 1934-D Peace Dollar, PCGS MS65 – An absolutely blast white, gorgeous Gem example of this scarce Denver mint Peace dollar....$1,845 1849 Gold Dollar, No L PCGS MS65 – A beautiful Gem example of the very first gold dollar. The first year of issue for the gold dollar featured a minor variety for the first 1000 pieces minted. The designer's (James Longacre) initial "L" was not included on the first 1000 coins struck. These coins are literally the first gold dollars ever minted. This is a spectacular example with an absolute incredible 100% full strike. Every single detail and line each 13 of the stars are full and miss Liberty's hair is so sharp you could shave on it. The coin has semi proof-like surfaces with cameo devices, which leads me to believe this is obviously one of the first coins off the die. A spectacular Gem example of a very important coin...................................$7,450 1859 Gold Dollar, PCGS MS66 – A gorgeous original Gem example of this conditionally scarce pre-Civil War issue. For the 1859 gold dollar, PCGS has graded a mere 6 examples MS66 in the past 24 years, with just 5 examples graded higher. This coin is absolutely a condition census example as 1 of the top 10 known survivors of this date. The surfaces are ultra clean and mark free. The strike is quite sharp with outstanding hair, feather, and wreath detail. The color and originality are absolutely magnificent. This coin exhibits a rich vibrant gold color...a real beauty!........................$4,975 1934-S Peace Dollar, PCGS MS66 – An absolutely fabulous example of the 'King" of the Peace dollar series. The 1934-S issue has been [email protected] • 1-800-759-7575 • Complete listings and images for all coins at www.davidhall.com 7 Gold Dollars Continued 1880 Gold Dollar, PCGS MS66 – A superb example of this low mintage date. The surfaces are clean as you would expect from the MS66 grade, and the strike is spectacular. The really amazing thing about this example is the incredible iridescent color and luster...................$2,950 1905 $2 1/2 Liberty, PCGS MS65...........$2,495 1906 $2 1/2 Liberty, PCGS MS65...........$2,495 1906 $2 1/2 Liberty, PCGS MS66...........$2,975 1907 $2 1/2 Liberty, PCGS MS65...........$2,495 1882 Gold Dollar, PCGS MS66 – A superb Gem example. The surfaces are super clean and virtually perfect. The luster and color are wonderful..................................................$2,950 1883 Gold Dollar, PCGS MS66 – A gorgeous, superb Gem example of this issue. The surfaces are super clean and the luster is rich and iridescent............................................$2,950 1884 Gold Dollar, PCGS MS65...............$2,850 1888 Gold Dollar, PCGS MS65...............$2,450 1889 Gold Dollar, PCGS MS66 – A gorgeous original Gem example with rich gold color.........................................................$2,900 $2 1/2 GOLD 1855 $2 1/2 Liberty, PCGS MS64...........$3,850 1857 $2 1/2 Liberty, PCGS MS64 – A full luster near Gem example of this conditionally rare issue. Note that for this date PCGS has graded a mere 14 examples MS64 with just 3 examples grading higher. This specific example has the super clean surfaces one would find on an MS65 example. The luster is fresh and original. The strike does have some minor weakness in the strike on a couple of the stars and some of the denticles are weak about the rim. This is the most probable reason for the MS64 grade because the coin definately looks much better. We believe it's probably one of the top 10 example known for this date....................$3,850 1897 $2 1/2 Liberty, PCGS MS65...........$3,450 1903 $2 1/2 Liberty, PCGS MS65...........$2,495 1903 $2 1/2 Liberty, PCGS MS66...........$2,975 1908 $2 1/2 Indian, PCGS MS66 – An incredible example of the first year of issue for the $2 1/2 dollar Indian series. The $2 1/2 dollar Indians were struck between 1908 and 1929. They, along with the $5 Indian are the only coins struck with an incuse design. This cause the fields to be the high points of the coin and therefore the $2 1/2 and $5 Indians attract marks and scratches like PICTUREnics attract ants. This specimen has superb nearly perfect surfaces. The strike is also very sharp with fantastic feather detail on both the obverse and reverse. The luster is rich and original and very irradescent. In the past 25 years, PCGS has only graded two examples of this date higher than MS66. This is about as nice a $2 1/2 Indian as you will ever see......................$12,900 1909 $2 1/2 Indian, PCGS MS65 – A gorgeous Gem example of a coin that is tough to find in MS65 or better condition. The surfaces are very clean and mark free. The strike is outstanding and exhibits great detail of the eagle's feathers. The luster is frosty and very iridescent....$6,500 $3 GOLD 1874 $3 Liberty, PCGS MS64 – A flashy near Gem, high end example of this conditionally rare issue. The 1874 $3 gold piece is somewhat available in lower grades, however, in higher mint state grades this is definately a rare coin. In fact, in the past 25 years PCGS has only graded 12 examples of this issue higher than MS64. This specimen has relatively clean surfaces and very bright and flashy original luster. The attractive thing about this issue is that it's selling for a very small premium over the common date price..........................................$9,500 1874 $3 Liberty, PCGS MS65 – A truly Gem example of a conditionally rare issue. The 1874 is not that difficult to locate in lower grades, however in Gem condition this is a truly rare coin. In fact in the past twenty five years, PCGS has graded a mere eight example in MS65, with just four graded higher. If you do the math, thats less than one coin every two years graded GEM by PCGS. This example has a beautiful superclean surfaces. The luster and color are truly amazing. This is a totally original Gem in every way. If your a fan of beautiful irradescent Gold coins, you will love this coin. It is one of the ten finest known of this issue..............................................$24,500 $5 GOLD 1813 Capped Bust $5, PCGS MS63 – A high end example of a very rare early $5 gold issue. The gold content of U.S. coins was lowered in 1834 and consequently most of the earlier gold issue hit the melting pot. The early $5 gold coins are rare in all grades and very rare in mint state condition. This present specimen is very attractive for the grade with no major marks and a relatively sharp strike. All 13 of the obverse stars show full detail of all the lines. The luster is a bit subdued but quite evident. This is a very attractive type example for the price........................................................$24,500 1834 Classic Head $5, Classic-Plain 4 PCGS MS63 – A beautiful type exampl of the classic head design. The Classic head design $5 Goldpieces were minted between 1834 and 1838. They are scarce in all grades and quite rare in mint state. This specimen is a lovely MS63 example. There are only a smattering of minor marks and abrasions, nothing major. The strike is quite sharp with very bold detail of the stars and design. The coin has gorgeous original luster and color......................................$11,500 1904 $2 1/2 Liberty, PCGS MS65...........$2,495 [email protected] • 1-800-759-7575 • Complete listings and images for all coins at www.davidhall.com 8 $5 Dollar Gold Continued 1843-D No Motto $5 Liberty, Large D PCGS MS63 – One of the finest known examples of this early Dahlonega gold issue. All of the Dahlonega gold coins issued are rare in mint state, either the "medium D or small D" variety are very rare in mint state condition. For both varities, PCGS has only graded 1 coin MS64, and 4 coins MS63. This specimen is truly outstanding. The surfaces are exceptionally clean for the grade and the strike one of the best I've ever seen on a Dahlonega issue with full star, hair, feather, and claw detail. The luster is fresh and original. This coin has a very bright look and outstanding eye appeal. I believe it's the 2nd or 3rd finest known of this rarity....$29,500 1844-O No Motto $5 Liberty, PCGS MS61 – This is a very attractive example of this scarce early New Orleans $5 liberty. All of the "No Motto" types are very scarce in mint state and this issue is no exception. In MS61, PCGS has graded a mere 11 pieces in the past 24 years, with just 15 pieces graded higher. The surfaces are clean, and in fact this coin is high end for the grade. The strike is full and the luster is a bit subdued but the color remains bright. This is a very attractive example for the given grade and a lot of value for the price..................$5,450 1847 No Motto $5 Liberty, PCGS MS64 – A blazing, semi proof-like, condition census example. All of the pre 1866, ie: NO MOTTO type $5 liberties are rare in choice condition. In the past 25 years PCGS has graded a mere 3 examples MS64, and just 2 examples graded higher. The present specimen has clean surfaces and just a few very minor marks. The strike is amazing and exhibits razor sharp detail of all the stars, hair detail, and eagle's claws and feathers. The surfaces are semi proof-like and with the addition of the incredible strike, we believe this coin was one of the first impressions off the die. The luster and color are exceptionally bright and flashy. This coin is probably the the third finest known example of this conditionally rare date....$16,500 1856-D No Motto $5 Liberty, PCGS MS62 – A rare mint state Dahlonega half eagle. The coins were struck in Dahlonega, Georgia and Charlotte, North Carolina between 1838-1861. These half eagles were all struck in limited quantities and manufacturing quality levels were certainly not as high as the Philadelphia mint. Today C and D mint gold coins are highly prized collector's items. They are rare in all grades and very rare in mint state. For the 1856-D $5 liberty, only 12 coins have been graded MS62 by PCGS, with just 6 coins graded higher. This example has very clean surfaces for the grade and the strike is unusually sharp. The luster is fresh and original and the color is a very bright and vibrant gold. An outstanding example of this gold rarity.....$14,500 1859-C No Motto $5 Liberty, PCGS MS61 – A fully mint state, condition census example of this very rare Charlotte Mint gold issue. The 1859 Charlotte $5 liberty is a rare coin in any grade, and an extremely rare coin in mint state condition. In fact, in the past 24 years PCGS has graded a mere 5 examples mint state...2 MS61's, 1 MS62, 1 MS63 and one miracle MS66. This specimen has relatively clean surfaces for the grade with just some minor marks and abrasions. The strike is very sharp for the issue and the luster and color are excellent. This is either the 4th or 5th finest known example of this rare fresh mint gold issue..............................................$15,500 1869-S $5 Liberty, PCGS AU55 – An exceptionally high grade example of this very rare coin. The 1869 San Francisco mint half eagle is rare in all grades and there are only 2 mint state specimens known, and just a handfull of AU coins. In the past 24 years, PCGS has only graded 3 coins AU55, 3 coins AU58 and just 2 coins mint state. In other words, this is one of the 10 finest known examples of this very rare date. The surfaces are relatively clean for the grade and the strike is outstanding. The coins still exhibit's much of the original luster adhering to it's surface. All of the early San Francisco mint issues (low mintages to begin with) have very low survival rates and are rare in all grades. This is an outstanding example of this rare S-mint...................................$7,900 year of issue as Carson City was a wide open mining town at the time. For the 1870-CC the original mintage was a mere 8,320. It is estimated today that approximately 75 survive in all grades, with most known examples being in the Fine to Very Fine grade range. There are only 2 specimens that have been graded mint state by PCGS (both of them MS61), and 4 examples graded AU 58,including this very attractive piece. This coin has very clean surfaces with no major marks. The strike on the obverse stars is full and the hair detail is sharp. The eagle's neck feathers are weakly struck, as is diagnostic for this date. There is just a bare trace of very light rub on the high points. Most of the original luster is intact. The coin has bright color and outstanding eye appeal for the grade. It is certainly one of the top 5 specimens of this rarity and may even qualify for one of the top 3 known. The appearance of any 1870-CC gold issue is a significant event when one hits the market. This is actualy the first 1870-CC $5 liberty I have handeled in over 30 years and it's a very high grade example indeed. If you are a fan of truly rare and important United States gold coins, then this coin is for you................$85,000 1874 $5 Liberty, PCGS AU55 – A beautiful example of an extremely low mintage and very rare $5 liberty issue. The original mintage for the 1874 $5 liberty was a mere 3488 coins. Of the original mintage, probably 100 or less exist today, mostly in lower grades. In the past 24 years, PCGS has graded a mere 4 examples mint state. There have been 2 AU58's, and this is one of 13 examples graded AU55. The surfaces are relatively clean. There is one mark behind the head which keeps this coin from a higher MS60 grade. The strike is sharp and the luster is unusually bright and original. This is a very high end example for the grade and an attractive example of this rare date.........$3,450 1880 $5 Liberty, PCGS MS64 – A very nice MS64 example of this condition rarity. The 1880, while having a relatively high mintage, aparently wasn't saved at the time of issue. In the past 25 years, PCGS has graded a mere 72 examples MS64 wth just 10 graded higher. At the current price, this scarce coin is commanding a very modest premium over a common date price.................................................$2,450 1870-CC $5 Liberty, PCGS AU58 – The year of 1870 was the magic year for the Carson City gold coinage. Gold coins were minted at the Carson City mint between the years 18701893. The gold issues were struck in the denominations of $5, $10 and $20...all 3 of the 1870-CC gold denominations are extreme rarities. The coins were simply not saved in the [email protected] • 1-800-759-7575 • Complete listings and images for all coins at www.davidhall.com 9 $5 Dollar Gold Continued 1903-S $5 Liberty, PCGS MS66.............$7,450 1908 $5 Liberty, PCGS MS66.................$7,450 $10 GOLD 1881 $5 Liberty, PCGS MS65 – A truly Gem example of this conditonally rare issue. The 1881 $5 liberty is a semi available date in lower grades. However, it's very difficult to locate in choice or Gem condition. Gems are especially rare, with PCGS grading in which a mere 12 coins in the past 24 years. Think about it...that's just 1 coin every 2 years. This example has beautiful clean surfaces and the strike is 100% full with all star detail (including the central lines)fully evident. The luster is rich and original. The coin displays bright, fully lustrous gold with a tinge of rose color. The eye appeal is outstanding and none have ever been graded higher than this example..........................$7,900 1845-O $10 Liberty, PCGS AU53 – An attractive almost uncirculated example of a very condiyionally rare date. The early New Orleans gold coins were simply not saved at the time of issue and high grade survivors or very rare. Note that for the 1845-O, PCGS has only graded 2 examples mint state in the past 25 years. There have only been 10 examples graded AU53, with only 12 examples graded higher. This specimen has some minor marks and rub, but is exceptionally well struck and has outstanding original luster. A great value for the price..........................................................$3,900 1849 $10 Liberty, PCGS AU58................$1,750 1892 $5 Liberty, PCGS MS65.................$5,750 1893 $5 Liberty, PCGS MS65 – A gorgeous Gem example of a date that is rarer than most people realize. The 1893, though not a rare coin in lower grades, is not that easy to locate in Gem condition. In fact, in the past 24 years PCGS has only graded 19 examples MS65, with just 5 examples graded MS66. That is exactly 1 Gem example graded every year. This coin is a total Gem with a sharp strike and outstanding surfaces. Ths nicest thing about this coin is its originality. The luster is rich and very iridescent.................................................$5,900 1900-S $5 Liberty, PCGS MS65 – The 1900-S $5 gold liberty is a major condition rarity. In the past 24 years, PCGS has graded a mere 5 examples MS65 (about 1 every 5 years) with just 5 examples grading higher. In other words, this piece is a condition census example, IE: one of the top ten known for the grade. This is a beautiful Gem MS65. The surfaces are relatively clean and the strike is 100% full. The luster is bright and original with a very striking bright gold color. This coin has outstanding eye appeal for the grade and is an extremely rare coin in Gem condition.........................................$13,500 1875-CC $10 Liberty, PCGS AU53 – This issue is one of the major rarities in the $10 liberty series. Like all early Carson City gold, not very many were made to begin with, and only a fraction of the mintage was saved at the time of issue. There is 1 lone mint state example of this issue, and there are a few AU coins. For the AU53 grade, PCGS has graded a mere 10 specimens in the past 24 years, with just 6 specimens graded higher. A very high grade example of a very rare and important Carson City gold issue. The surfaces are very clean and the strike is outstanding. While there is a trace of minor wear on the high points ( the coin is AU ) the coin retains it's full original luster. The color is exceptional and the eye appeal is absolutely marvelous................................................$19,500 1879 $10 Liberty, PCGS MS63 – A gorgeous example of a condition rarity.The 1879 $10 is extremely rare in mint condition. In fact, in the past 25 years PCGS has only graded 24 examples MS63 ( including this high end beauty), 4 examples MS64, and 2 examples MS 65. This example is very high end for the grade and totally fresh and original. The coin exhibits no major marks and the strike is outstanding. What's really attractive about this example is the gorgeous original luster and color. Incredible rarity for the price.....................................$4,400 1882-CC $10 Liberty, PCGS AU55 – A very attractive almost uncirculated example of a very scarce carson City $10 Liberty. This particular issue apparently wasn't saved at the time of minting, as PCGS has never graded an example of this date mint state! There have only been 18 examples graded AU55 and a mere 13 graded AU58. This specimen is very high-end for the grade with minimal marks. The strike is outstanding and it still exhibits most of its original luster. A great example of this rare Carson City issue........................................................$8,450 1883 $10 Liberty, PCGS MS63 – An original, full luster example of this conditionally rare issue. PCGS has only graded 4 examples higher than MS63 in the past 24 years. This example does have some minor marks, but the strike is sharp and the luster is fresh and original. A very solid example for the grade and a coin that is quite rare and now selling for a minor premium over the common date price....................$3,450 1884-CC $10 Liberty, PCGS AU55 – A rare low mintage Carson City issue that difficult to find in AU condition and almost impossible to find mint state. PCGS has graded a mere 15 examples of this date AU55 in the past 24 years with just 19 examples graded higher. This coin has relatively clean surfaces and just a touch of rub on the high points. The strike is 100% full and there's still plenty of original luster still adhering. Outstanding quality for the grade and a lot of rarity for the price.......................$5,450 1885 $10 Liberty, PCGS MS64 – A very nice MS64 example of a definate condition rarity. The 1885 $10 Liberty simply isn't seen very often in mint state. In fact, in the past 25 years, PCGS has graded a mere 39 coins MS63, and just 11 coins MS64, with none graded higher. This example has very clean mark free surfaces for the MS64 grade. The strike is outstanding and the luster is totally original. This is definately one of the finest known examples of this date and another great example of the tremendous value in the rare liberty gold market.................................$6,900 1887 $10 Liberty, PCGS MS63 – A very low mintage date that's definately a condition rarity. In the past 25 years, PCGS has only graded 4 examples MS63 with just 2 examples graded higher. This specimen has some minor marks as you would expect from the MS63 grade. The strike is 100% full with outstanding detail on the eagle feathers and obverse stars. The major quality about this coins is the wonderful original color and luster. This is a very good example of the MS63 grade, and as such is one of the top 3 or 4 finest known examples of this rare issue. It's also a great example of the tremendous value found in the rare liberty gold series.......................................................$6,900 [email protected] • 1-800-759-7575 • Complete listings and images for all coins at www.davidhall.com 10 $10 Gold Continued 1892-S $10 Liberty, PCGS MS63 – A very attractive MS63 example of this condition rarity. The 1892-S was simply not saved in the year of issue...as such PCGS has only graded 48 coins MS63, with no coins grading higher. This specimen is very attractive for the grade with no major marks, a great strike, and a nice original gold color...................................................$3,650 1893-S $10 Liberty, PCGS MS63 – A beautiful MS63 example of a significant condition rarity. PCGS has only graded 4 examples MS63 in the past 25 years with only 4 examples graded higher. The bottom line is that the 1893-S $10 is a very difficult coin to find in MS63 or better condition. This example is relatively clean for the grade and the strike is outstanding. What really sets this coin apart is it's totally original luster and color..........................................$3,750 1907 $10 Indian, No Motto PCGS MS65 – A gorgeous Gem example for the first year of issue for the famous $10 Indian series. This specimen has very clean surfaces and an outstanding strike. The luster is absolutely amazing...super flashy and very frosty. This is a gorgeous example of the type and the date.....................$11,350 1926 $10 Indian, PCGS MS64................$2,495 1932 $10 Indian, PCGS MS63................$1,775 1932 $10 Indian, PCGS MS64................$2,495 1932 $10 Indian, PCGS MS65................$5,650 1904 $20 Liberty, PCGS MS63...............$2,295 1904 $20 Liberty, PCGS MS64...............$3,195 1904 $20 Liberty, PCGS MS65...............$5,450 1904 $20 Liberty, PCGS MS66.............$17,500 1907 $20 Saint, High Relief-Wire Ed. PCGS MS64 – A gorgeous high-end example of one of the most famous coins in the world. In 1907 the High Relief was literally President Roosevelt's dream come true for United States coinage. He commissioned the famous sculptor Augustus St.Gauden to design a coin that would emulate the beauty of ancient Greek and Roman coins. The High Relief design was unfortunately impractical for manufacturing in large quantities and the issue was only struck for less than 1 year. Today the High Relief is considered one of the world's most beautiful coins and is a prized collector's item. This specimen has very clean surfaces with just afew minor abrasions on the reverse. The luster is bright and flashy. The obverse would likely grade an MS66. The knee and breast of Miss Liberty is fully rounded with no rub or flatness whatsoever. A very sharply struck example with tremendous luster and eye appeal.................................................... $34,500 1907 $20 No Motto Saint, PCGS MS65 – A gorgeous Gem example of this first year of issue for the St. Gauden's type. the surfaces are unusually clean and mark free. The luster is very bright and the eye appeal is outstanding..............................................$4,900 1910 $20 Saint, PCGS MS65 – A gem example of a conditionally rare issue. The interesting thing about the Saint Gauden series is the Philadelphia issues, from 1924 to 1928, are the most common $20 Saint Gaudens in all grades and gems are readily available. However, the 1909 to 1915 Philadelphia issues are scarce in all grades and very rare in gem condition. The 1910, though not the rarest of the early Philadelphia issues, is definitely a condition rarity. Just note that in the past 25 years, PCGS has only graded 3 examples of this issue higher than MS65. This gem MS65 example has very clean surfaces and bright original gold color. A beautiful addition to any $20 Saint Gaudens Liberty set................................................$8,900 1910-S $20 Saint, PCGS MS65 – A wonderful Gem example of a very conditionally scarce issue. The 1910-S San Francisco $20 St Gaudens was obviously not saved at the time of issue, as Gems are few and far between. This specimen has very clean surfaces and a wonderful strike. The strike is outstanding with a fully rounded knee and breast. The luster and color are bright and totally original. This is a frosty, bright gold example with beautiful satiny surfaces....................................................$8,950 $20 GOLD 1911-S $20 Saint, PCGS MS65 – A very attractive iridescent Gem example of this conditionally rare date. The surfaces are unusually clean, and the strike is outstanding. The luster and color are rich and iridescent.............$5,650 1901 $20 Liberty, PCGS MS65 – A totally original gold example of a somewhat underated date. For the 1901 $20 Liberty,PCGS has only graded 3 examples higher than MS65 so this is just about as good as it ever gets for this issue. The surfaces are very clean and very "Gemmy." The luster is fresh and original. This has a great $20 Liberty look: totally original in every way................................................$6,950 1907 $20 No Motto Saint, PCGS MS65+ A virtually perfect example of the first year of issue for the Saint Gaudens type. The surfaces are super clean with no major marks. The luster is rich and original....................................$5,500 1923 $20 Saint, PCGS MS64.................$2,550 1924 $20 Saint, PCGS MS63.................$1,750 1924 $20 Saint, PCGS MS66.................$3,495 1925 $20 Saint, PCGS MS66.................$4,500 1908 $20 No Motto Saint, No Motto PCGS MS67........................................................$9,750 1927 $20 Saint, PCGS MS64..............$1,995 1927 $20 Saint, PCGS MS66................$3,495 1928 $20 Saint, PCGS MS66................$3,495 [email protected] • 1-800-759-7575 • Complete listings and images for all coins at www.davidhall.com 11 SILVER COMMEMORATIVES Boone Silver Commemorative Half Dollar, 1937 PCGS MS66.......................................$345 Bridgeport Silver Commemorative Half Dollar, PCGS MS65 – Exceptionally clean surfaces and bright white original luster..........$295 Bridgeport Silver Commemorative Half Dollar, PCGS MS66 – A satin, semi proof-like Gem. A truly superb example.......................$475 BTW Silver Commemorative Half Dollar, 1948-D PCGS MS65.....................................$75 Maryland Silver Commemorative Half Dollar, PCGS MS65 – A beautiful original Gem. The surfaces are very clean. The luster is fresh and original with just a tinge of color.................$295 New Rochel Silver Commemorative Half Dollar, PCGS MS66 – You've gotta love New Rochelle half dollars! The best ones exhibit luster that is absolutely radiant and this piece is no exception. Light, light gold toning covers the coin and adds to the eye appeal..................$815 Rhode Is Silver Commemorative Half Dollar, 1936-S PCGS MS65 – A blast white Gem..$275 Roanoke Silver Commemorative Half Dollar, PCGS MS66 – A frosty white Gem............$345 York Silver Commemorative Half Dollar, PCGS MS65+ A great example of a white, lustrous, high end MS65 York commemorative............$325 Rhode Is Silver Commemorative Half Dollar, 1936-D PCGS MS65 – A gorgeous Gem with beautiful original iridescent golden toning...$275 BTW Silver Commemorative Half Dollar, 1949 PCGS MS65.......................................$145 BTW Silver Commemorative Half Dollar, 1949-S PCGS MS65 – A white Gem with a hint of original golden toning..............................$145 Beautiful Commemorative BTW Silver Commemorative Half Dollar, 1950-D PCGS MS66 – A frosty white Gem..............................................................$565 BTW Silver Commemorative Half Dollar, 1951 PCGS MS66.......................................$345 Cleveland Silver Commemorative Half Dollar, PCGS MS66 – An original Gem with a tinge of golden toning around the peripheries...................................................$495 Conneticut Silver Commemorative Half Dollar, PCGS MS65 – A frosty white Gem with just a bare tinge of original golden toning....$495 Elgin Silver Commemorative Half Dollar, PCGS MS65 – A fresh original Gem..........$325 Elgin Silver Commemorative Half Dollar, PCGS MS66 – An original brilliant GEM. This issue celebrates the 100th anniversary of the founding of Elgin, Illinois.............................$585 Lafayette Silver Commemorative Dollar, PCGS MS65 – A mind boggling Gem example of one of the most famous United States silver commemoratives. The Lafayette dollar was one of the first United States commemorative issues and it is the only silver commemorative dollar of the 1892-1954 classical era for commemorative coinage. This is a Iowa Silver Commemorative Half Dollar, PCGS MS66 – A gorgeous frosty golden original Gem.................................................$225 Iowa Silver Commemorative Half Dollar, PCGS MS67 – Original, untampered with frosty white surfaces. Virtual perfection................$395 Lexington Silver Commemorative Half Dollar, PCGS MS65 – A blast white Gem example of this important early silver commemorative. The luster is absolutely blinding.........................$685 remarkably attractive Gem example. It is highly unusual in the the obverse and revers e are quite different, but both sides are spectacular. The obverse is a creamy white, frosty iridescent jewel. The reverse is one of those moster toned examples with incredible sea green iridescent rainbow color. This is an amazing example of this issue......$11,500 [email protected] • 1-800-759-7575 • Complete listings and images for all coins at www.davidhall.com “for those special coins”— VT Issue #77 TERRITORIAL GOLD 1852 Territorial-California, Humbert PCGS AU55 – The United States Assay office of gold in San Francisco opened in 1851 and made gold coins through 1853 to service the needs of the city's bustling mining and shipping community. Coins were made in limited quantities and the survival rates are low, thus high grade examples are quite rare. This 1852 "Humbert" $10 is rare in all grades and very rare in AU50 or better condition. In the past 24 years PCGS has graded a mere 4 examples AU55, with just 9 examples grading higher. This specimen has attractive surfaces with no major marks. The detail on the eagle is quite bold and the luster is bright and original with bright gold color. An outstanding example of a rare and historically important piece of the old west.............$16,500 A Bechtler Territorial North Carolina, 134 Grains, 21 Carat PCGS EF45 –] The first gold rush in the United States was not in California, but was in Georgia and North Carolina. The Bechtler's struck private issue gold coins from 1831-1852. All Bechtler coins are fairly scarce today, with the $1 and $ 2 1/2 pieces being quite a bit more readily available than the $5 gold pieces. This coin is an extremely fine example. This coin exhibits a minor bit of wear, which is appropriate for the grade. There are none of the usual problems you see with many of the territorial gold coins, in that the surfaces are clean and relatively mark free. The color is attractive and the eye appeal is outstanding on this rare territorial piece..........................$11,500 1852 Territorial-California, Wass Mollitor Lg Head PCGS MS62 – The Wass Molitor and Company made gold coins in California between 1852-1855. They made a $5, $10, $20 and $50 gold pieces. Today there are very few surviving examples of all of these issues and most of them exist in lower grades. The coins were crudely manufactured...and let's face it, the miners in 1850's San Francisco were not interested in savings coins for future generations. This specimen of the 1852 $10 large head gold piece is an amazing mint state coin. This coin has phenominal original luster and color and just a few minor marks. PCGS has only graded 1 coin MS60 and 2 coins MS62 in the past 24 years. Looking upon the PCGS population report, I have some suspicion that the two MS62 coins are the same coin. Either way, I'm convinced that this is the finest known example of this territorial gold rarity..............................$84,500 . Be the first to receive the email Velvet Tray. Email your name, zip code and email address to [email protected] and note VT in the subject. Terms of Sale • All coins guaranteed genuine, certified by PCGS. • Seven calendar day return privilege. • Payment methods, Check, VISA, Master Card or Wires • Shipping fees of $11.50 on all orders under $200. DAVID HALL RARE COINS 800-759-7575 • In CA 949-567-1325 • Fax: 949-477-5874 P.O. Box 6220 • Newport Beach, CA 92658 [email protected] / www.davidhall.com For a complete inventory with the highest quality , most accurate photos on the web, go to: davidhall.com