Pogue Family Collection

Don Willis

Posted on July 1, 2014 by 1 Comment

Earlier this month there was an announcement that got everyone’s attention – the sale of the famous, yet mysterious, Pogue family collection. This collection of early US federal coins may be the finest collection of its type ever assembled. To learn more about the collection, please view David Hall’s announcement video.

Filed Under: News

Ask Don: Tokens & Medals

Don Willis

Posted on June 17, 2014 by No Comments

Do you collect U.S. Medals or Tokens? Are you aware that PCGS recognizes many different tokens and medals? Over the past couple years we have added a great many new types of tokens and medals to the list of what we will authenticate and grade. That list numbers in the thousands and crosses the spectrum of many different collecting series. Basically we will recognize any token or medal listed in a number of standard reference guides. More information is available on our website. You can also check out this week’s video for more information.

Here is a new and updated list of new U.S. tokens and medals PCGS will now recognize.

  • Period 3 California Pioneer Fractional Gold, from the reference “California Pioneer Fractional Gold 2nd Edition” by Breen & Gillio.
  • So-Called Dollars, from the reference “So-Called Dollars 2nd Edition” by Hibler & Kappen.
  • Civil War Patriotic Tokens, from the reference “Patriotic Civil War Tokens 5th Revised Edition” by George & Melvin Fuld.
  • Civil War Store Cards, from the reference “U.S. Civil War Store Cards 2nd Edition” by George & Melvin Fuld.
  • Hard Times Tokens, from the reference “Hard Times Tokens 6th Edition” by Russell Rulau.
  • Sutler Tokens, from the reference “Civil War Sutler Tokens and Cardboard Scrip” by David E. Schenkman.
  • U.S. Assay Commission Medal, from the reference “Medals of the United States Assay Commission 1860-1977” by R.W. Julian and Ernest E. Keusch.
  • U.S. Mint Medals, from the reference “Medals of the United States Mint, The First Century 1792-1892” by R.W. Julian.
  • U.S. Mint Medals, from the reference “Medals of the United States Mint”, by Kenneth M. Failor & Eleonora Hayden.
  • Betts Medals, from the reference “American Colonial History, Illustrated by Contemporary Medals”, by C. Wyllys Betts.
  • Baker Medals, from the reference “Medallic Portraits of Washington, 2nd Edition”, by Russel Rulau & George Fuld.
  • Bolen Medals, from the reference “The Medallic Work of John Adams Bolen”, by Neil E. Musante.
  • Political Tokens and Medals, from the reference “American Political Badges and Medalets 1789-1892” by Edmund B. Sullivan.
  • Rulau Tokens and Counterstamps, from the reference “Standard Catalog of United States Tokens 1700-1900” by Russell Rulau.
  • Military Tokens, from the reference “Military Tokens of the United States Volume 1 (Domestic Issues)” by Paul A. Cunningham.
  • Commemorative Medals, from the reference “National Commemorative Medals of the United States of America since 1873” by William Swoger.
  • Counterstamped Coinage, from the reference “Merchant and Privately Countermarked Coins” by Gregory G. Brunk.
  • Krause Unusuals listed in the US Section, from the reference “Unusual World Coins, 6th Edition” by Krause Publications
  • Bashlow Restrikes.

Filed Under: News

Ask Don: PCGS TrueView Photo Service

Don Willis

Posted on June 3, 2014 by No Comments

PCGS offers several services that complement coin grading. One of those services is our TrueView service. In my opinion the best photographs in the business are TrueView photos. You can build your virtual collection using TrueView photos and enjoy it anywhere you are, anytime you wish with no security concerns or logistical hassles. TrueView photos add a new dimension to coin collecting that I really enjoy. Check out this week’s video for more information on this service.

Filed Under: News

Special Long Beach Expo Preview Featuring David Hall

David Hall

Posted on May 20, 2014 by No Comments

Hello Fellow Coin Enthusiasts

David Hall here to share with you the special attractions that are making the Long Beach Expo the must-attend show of the summer! Pawn Stars, the famous cable TV show, will be doing a casting audition at the show so bring your antiques and collectibles. We will also have 20 dealers from mainland China and Hong Kong visiting Long Beach. Many of these dealers are coming to the United States for the first time, and several have never been out of China before – making this a rare opportunity for you to interact with the best dealers China has to offer! I hope to see you there!

Filed Under: News

Ask Don: Variety Pricing Explained

Don Willis

Posted on May 6, 2014 by 1 Comment

Greetings! As I’ve said before I enjoy learning about a coin or a series as much as finally adding one to my collection. Knowing the story behind the coin adds dimension and depth to collecting any series. Part of that story is varieties. In this week’s video, we talk about varieties and a short cut you can use to determine which varieties PCGS considers major and includes in basic grading versus varieties that we consider minor and additional to grading.

Filed Under: News

Ask Don: Auction Prices Realized

Don Willis

Posted on April 22, 2014 by 1 Comment

With over 2.8 million records, the PCGS Auction Prices Realized archive is extremely useful. For many this is a well-kept secret that is tucked away on our website.  As a buyer, I want to know what others have paid for coins similar to what I am considering purchasing!  APR is one of three major data points that I have always used in buying or selling coins. The others are the PCGS Population Report and the PCGS Price Guide.  Using these three tools, and sometimes a bit of deductive reasoning, reasonable conclusions can be reached in regard to a coin’s value, availability and desirability. In this week’s video we explore the APR system offered by PCGS. Take a minute to check it out, and more importantly, go to www.pcgs.com/auctionprices  and see for yourself.

Filed Under: News

Coin Market Buffet

Posted on April 8, 2014 by 1 Comment

Imagine going to a really nice restaurant – for our purposes, let’s call this eatery Joe’s Restaurant – and the menu only offers one item.

The menu shows a steak that looks dry and it’s made well-done only, they use one specific spice and offer you one side dish. Most of you would probably walk out of Joe’s Restaurant and find some other place to eat, or if you are in a hurry, you might just try the plain steak and side dish, eat it and be done. But more than likely, you won’t enjoy it and probably will never return to Joe’s again.

On the other hand, imagine going to a place called Fabio’s Restaurant where you are offered dozens of different meats to choose from like filet mignon, tenderloin, porterhouse, T-bone, rib eye, and more. To top it off, they have dozens of different spices for each meat and they offer it cooked several different ways: medium, medium rare, rare – you name it! For those who are on a diet or who are vegetarians, they also have many salads, fruits, vegetables, dozens of different salsas, sides, drinks, and desserts. And they all look delicious!

Luckily for collectors, the coin market is very similar to Fabio’s Restaurant, which has all the different meats, spices and side dishes. Coin collectors can choose from an array of meats, sides and spices.

In coins, you can select from different countries, denominations, designs, metal contents, years, mint marks and even varieties and die varieties.

  • Collectors on a financial diet can chose from inexpensive coins.Coin vegetarians can collect only graded coins.
  • Tourist can collect coins from different countries.
  • Collectors who like hot and spicy coins can collect bullion.
  • Collectors who like to supersize their meals can collect supersized Morgan Silver Dollar (or those who like the triple size meals can go for the 5 ounce coins)!

There are no holds barred when it comes to collecting coins. No matter what the collector is looking for, our restaurant, which we will call The Coin Market for the purposes of this article, has it all.

It’s no wonder that The Coin Market has happy returning customers every year!

Filed Under: News

Ask Don: Introduction to the PCGS Resources Page, Part 2

Don Willis

Posted on April 8, 2014 by No Comments

In this week’s video, I continue our review of one of the best kept secrets on www.pcgs.com  – the Resources page.  Last week we reviewed the articles and e-books, and this week I walk you through the visual side of our Resources page – PCGS Photograde and PCGS CoinFacts.  Each of these sections contain thousands of beautiful coin images that you can literally spend hours reviewing.  These images are great visual tools for understanding the PCGS grading scale as you build your collection.  But don’t take my word for it – check it out for yourself!

 

Filed Under: News

Ask Don: Introduction to the PCGS Resources Page

Don Willis

Posted on March 25, 2014 by 1 Comment

They say that half the fun of collecting is the story behind every coin. The phenomenal interest in the recent discovery of the Saddle Ridge Hoard is a great example. Did you realize that PCGS offers thousands of coin related stories for free on our website? These stories range from general introductions of different coin series to in-depth analysis of specific coins. We offer easy to read articles as well as lengthy research pieces. From essays to books you can find it on PCGS.com as this week’s video explains!

Filed Under: News

Tips on Using CoinFacts #12 – Statistics

Ron Guth

Posted on March 18, 2014 by No Comments

Statistics – those seemingly dry numbers that can be manipulated in so many different ways – can be an excellent way of determining where you’ve been and where you’re going.  For instance, if sales in your coin business have been $10,000 for a month for the past two years, you can reasonably expect that you will have $10,000 in sales every month for the next two years, barring any unforeseen changes in the way you do business.  However, you can also use statistics to figure out how you can expand your business to $12,000 a month, then use other statistics to determine how well you are doing at achieving that goal.  Knowing where you’re going requires knowing where you’ve been.

Statistics are particularly important for us at PCGS CoinFacts because the size of our website cannot be seen.  PCGS CoinFacts is not a like a physical balloon that expands with each puff of air.  Because the viewer can only see one page at a time, it would appear that PCGS CoinFacts is just like it always has been except for regular updating of the population data and prices.  Without statistics to prove otherwise, PCGS CoinFacts appears fairly static.

In reality, nothing could be further from the truth.

To show you exactly what is happening on PCGS CoinFacts, we’ve developed a useful Statistics page at http://www.pcgscoinfacts.com/Stats.aspx

This page shows the changes in the past month, in all the major categories and subcategories, of the number of individual coin pages, population, images, narratives, and auction prices.

As I review this page right now, I see the biggest changes in the population data, which is to be expected because we’re grading hundreds and thousands of new coins each day.  Auction prices are relatively flat this month, but they can be subject to sudden spikes as data is imported after major auctions occur.  The real activity this month, and the one which is of great interest to anyone following the news these days, is the addition of the data from the Saddle Ridge Hoard of over 1,400 gold coins (if you haven’t heard about this cool deal yet, simply do a Google search for “Saddle Ridge gold coins”).

The influx of data from the Saddle Ridge Hoard affected the number of coin pages because special pages were made for each date/mintmark combination included in the hoard.  The population of Liberty Head $20s (the bulk of the hoard) jumped by over 1,500 pieces (yes, we graded other coins than just the Saddle Ridge Hoard).  Over 1,177 images were added to that subcategory, as well.  And, of course, the number of narratives increased as we described those special coins.

You might notice a small drop in some of the statistics.  This can happen when duplicate images are removed from the system, or when we clean up the auction prices realized by deleting errant data.  In general, however, the trend in the numbers is onward and upward.

What this all means is that even though you may not be able to “see” it, CoinFacts is expanding and getting better every day.  If you want to see specific examples of the changes being made, check out this page: http://www.pcgscoinfacts.com/MostRecent.aspx?mr=1&level=0

Here, you will see all the most recent additions to narratives, the condition census, and images.  Spend some time in any of these tabs, and you’ll find some remarkable stuff going on.

Have fun examining how we’re making your PCGS CoinFacts experience better every day!

Filed Under: News

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