Cool Coins from the 2015 ANA: Part Two

Cool Coins from the 2015 ANA: Part Two

As a date, the 1840-C half eagle is a scarce and numismatically significant issue. It is the first year in which half eagles were made at this mint with the new, modified head, and the first year in which the mintmark was placed on the reverse. In the third edition of my book “Gold Coins of the Charlotte Mint, 1838-1861,” I rank it as the fourth rarest of 24 Charlotte half eagles, and believe it is the third rarest in high grades. My estimate is that there are around 150 known in all grades with most in the Very Fine to Extremely Fine range. In Uncirculated, the 1840-C half eagles is very rare with five or six known.

Read More

The Duckor Collection of Gold Dollars: A Post-Sale Analysis

The Duckor Collection of Gold Dollars: A Post-Sale Analysis

I had a personal investment in the recent sale of Dr. Steven Duckor’s gold dollar collection at the Heritage 2014 Platinum Night auction session. Steve is a good personal friend of mine (and of my wife Irma) so we wanted to be there to cheer him on. I also helped him assemble the set and, as a dealer, you don’t often get the chance to sit with a client while his world-class collection is being sold at auction.

Read More

What's the "Next Big Thing" in Rare Date Gold? Five Suggestions:

What's the "Next Big Thing" in Rare Date Gold? Five Suggestions:

In the last decade, we have seen a number of Next Big Things in the rare date gold market. We’ve seen New Orleans double eagles and Carson City double eagles. We’ve seen Civil War issues, and we’ve seen No Motto San Francisco eagles. In most cases, we’ve seen big demand spikes and subsequent price increases in these areas. What could be the Next Big Thing and why? Here are five suggestions with explanations.

Read More

The San Francisco Gold Coin Market: What's Hot, and What's Not

I’ve written a lot about the 19th century gold coinage from the San Francisco mint, but it’s been awhile since I’ve discussed the “heat factor” for the various types and denominations from this mint. Clearly, San Francisco gold has gone from “unloved” to “up and coming” in the last few years, but which specific series are hot and which are not? Let’s take a look at each series and let me share my thoughts with you.

Read More

What's Up in the Carson City Gold Market?

What's Up in the Carson City Gold Market?

My CC interest is still strong but a few factors have made my interest wane a bit in recent years. The market has become very pricey—especially for double eagles—and coins which I would happily write a check for $15,000 back in 1992 I have trouble with at $30,000 or $40,000 today. Most of the coins I see in the marketplace today are very low-end (not all but most) and when I see pieces in AU53 holders which are not only overgraded but which are processed, I have trouble playing at current numbers. Finally, to be honest, the market has become a little too competitive for me.

Read More

Five Coins Which Went Under the Radar at the Pogue Sale

Five Coins Which Went Under the Radar at the Pogue Sale

There were five denominations represented in the Pogue I auction: half dimes, dimes, quarters, half dollars, and quarter eagles. It was pretty easy for me to choose an example for the first four and, in some cases (half dollars), it was actually hard to choose just one. The quarter eagle denomination was clearly the strongest despite a small sample size of 13 coins so my selection for “under the radar” is far less of a “good value” than it is for the other denominations.

Read More

The Pogue Quarter Eagles: A Post-Auction Analysis

The Pogue Quarter Eagles: A Post-Auction Analysis

The first of the Pogue sessions was held in New York on May 19th and I was excited to attend. The auction was conducted at Sotheby’s and the last time I went to a coin sale on 72nd and York, I saw the record-breaking 1933 $20 take the numismatic world by storm.

Read More