No Motto New Orleans Eagles: A Study of Condition Rarity

No Motto New Orleans Eagles: A Study of Condition Rarity

The No Motto type of Liberty Head eagle was produced at the New Orleans mint from 1841 through 1860. By using CAC population figures, we can get an idea of which dates display condition or appearance rarity. CAC is a service which is rewards good eye appeal, unlike the grading services which are grading more from a technical standpoint.

Read More

Cool Coins from the 2015 ANA: Part Three

Cool Coins from the 2015 ANA: Part Three

The 1914 eagle has a mintage of just 50 which is the lowest in the series. It seems that a higher percentage of Proofs of this date were saved than in other years, and as many as 30 to 40 are known. Nearly all have been mishandled in some shape or fashion, and my best estimate is that no more than six to eight Matte Proofs of this year are known with original color and surfaces.

Read More

High-Grade No Motto New Orleans Eagles: An Analysis

High-Grade No Motto New Orleans Eagles: An Analysis

All No Motto eagles are very rare in MS64 and higher grades. Even the common Philadelphia issues which exist by the thousands in circulated and low-end Uncirculated grades are all but unknown in high grades. This is due to a combination of factors: mishandling, use in commerce, melting(s), and lack of collector interest until well into the 20th century.

Read More

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