A magnificent example of the rarer B-1 variety of a 1796 quarter will be among the top attractions at Heritage’s April 3-6 US Coins Signature® Auction.
The offered 1796 Quarter Dollar, MS61 PCGS comes from the Frost Collection and is among the rarest of its kind.
"The B-1 is the rarer variety, especially for those examples graded in Mint State, with about one-third as many examples as there are of the B-2," says Todd Imhof, Executive Vice President at Heritage Auctions. "This example is extraordinary, tied at the low end of the Rea-Polizio-Moulton Census, behind only four MS63 examples and one MS66 coin."
From a low original mintage, perhaps as many as 100 Mint State 1796 quarters remain in existence, but considering the many factors that make this issue eminently collectible, there are not nearly enough Uncirculated examples to satisfy demand, making examples like the one offered in this auction exceedingly appealing to serious collectors.
The Frost Collection is an elite assemblage of high-grade early silver and copper type coins, with numerous offerings that are aggressively sought by collectors. Of the 64 lots from the collection in the auction, 23 appear in Thursday’s Premier Session. Other highlights from the collection include, but are not limited to Proof Indian Cents — one PR66 PCGS from 1862 and a PR68 PCGS Red and Brown from 1885 – as well as nearly a dozen Standing Liberty Quarters, including a beautiful 1916 Standing Liberty Quarter, MS66 PCGS and a 1919 Quarter, MS67 Full Head PCGS.
An 18th-century rarity, a coin that can act like an irresistible magnet to the most serious of early dollar specialists and advance type collectors, is available in the form of a 1795 Flowing Hair, Three Leaves, B-5, BB-27 Dollar, AU58 PCGS. CAC that is a borderline Mint State coin. Any Flowing Hair dollar that even approaches Uncirculated condition is going to generate considerable demand, making this example an absolute must-have for any serious early dollar specialist’s collection.
An 1895 Morgan Dollar, PR64 PCGS is a coveted prize that is known today only in proof format. Mint documents reflect the coinage in June 1895 of 12,000 standard silver dollars, but no such circulation strikes are known today. If circulation strikes were produced, the most likely answer is that they were melted in the silver dollar destruction brought about by the Pittman Act of 1918, leaving only a limited number of proof coins known today.
Despite a hefty mintage of more than 1.7 million coins, the 1929 double eagle is the first of several scarce issues that marked the end of the Saint-Gaudens series that began in 1907 and concluded in 1933. PCGS CoinFacts estimates that nearly 1,000 of the 1929 double eagles remain, but Heritage experts believe even that estimate is generous, and that the actual survival rate is somewhere between just 350 and 400 – including an MS65 PCGS example that is featured in this auction.
Also in play is the only example PCGS has seen of the ultra-rare LM-3 variety of a 1795 Half Dime, MS63 PCGS. CAC. Traditionally, the Eliasberg LM-3 example, described as MS63 in 1996, was long thought to be the finest for the variety, yet that coin is weakly struck at the lower-left stars and hair strands. This CAC-endorsed example is far sharper in those areas and is notably well-struck on the eagle’s head, neck, breast and legs.
A 1915 Indian Eagle, PR66 NGC is one of just 75 proof examples struck in 1915 by the Philadelphia Mint after commercial proof offerings for gold and silver coins were discontinued after 1915 (and stopped entirely after 1916).
David Akers has suggested that some coins might have gone unsold and were subsequently melted, making the 1915 proof Indian eagle even more elusive than its minuscule production might suggest. John Dannreuther estimated a surviving population of just 40-45, while NGC and PCGS have combined to certify just 38, including an unknown number of resubmissions and crossovers. The remaining population that is available to the collecting community is even smaller than the estimated numbers, because two of the coins are included in the National Numismatic Collection at the Smithsonian Institution.
Another important eagle in the auction is a 1912 Indian Eagle PR66 NGC. Mint records indicate the Philadelphia Mint struck 144 proof Indian eagles that year, but the artistic sandblast finish used on proof coins at the time was not appreciated by collectors, precipitating a sharp decline in orders for proof sets. Just 83 proof Indian eagles were sold in 1912, with the remainder melted for recoinage. The offered example is one of what Dannreuther estimated to be just 60-70 remaining examples, one of just nine carrying a grade of 66 (with only five graded higher).
Instructions from treasury officials to the Philadelphia Mint to concentrate on production of half eagles and eagles during the 1880s led to low production totals, including 2,199 circulation strike double eagles in 1881. PCGS Coinfacts estimates 67 survivors, while the estimate recorded on its population report is 40-60 — one of which, a beautiful 1881 Double Eagle, AU53 PCGS, is among the attractions in this auction.
Other top lots in the auction include, but are not limited to:
- An 1851 Humbert Reeded Edge Fifty Dollar, XF40 PCGS
1851 Humbert Fifty Dollar, XF40 PCGS - A 1916-D Mercury Dime MS64 Full Bands PCGS
1916-D Mercury Dime, MS64 Full Bands PCGS - An 1881-S Silver Dollar, MS69 NGC
1881-S Silver Dollar, MS69
Images and information about all lots in the auction can be found at HA.com/1382.
About Heritage Auctions
Heritage Auctions is the largest fine art and collectibles auction house founded in the United States, and the world’s largest collectibles auctioneer. Heritage maintains offices in New York, Dallas, Beverly Hills, Chicago, Palm Beach, London, Paris, Amsterdam, Brussels, Munich, Hong Kong and Tokyo.
Heritage also enjoys the highest Online traffic and dollar volume of any auction house on earth (source: SimilarWeb and Hiscox Report). The Internet’s most popular auction-house website, HA.com, has more than 1,750,000 registered bidder-members and searchable free archives of more than 6,000,000 past auction records with prices realized, descriptions and enlargeable photos. Reproduction rights routinely granted to media for photo credit.
It appears a bit of a precious metals price correction is taking place. One can only hope this has to do with the opposite happening for the stock market and the dollar.
That’s the way I look at it. Just wait it out. Prices will raise again. Remember, buy low, sell high. We’ll see what Friday and Monday bring us.
Antonio,
That’s the formula to work with. From my experience over the decades of investing in the stock market I have never been served badly by sticking to my guns.
Perhaps it’s not necessarily counter-intuitive, Antonio, but it does seem a bit unusual to witness this negative trifecta of a plunging stock market, weakening dollar value and slumping precious metal prices simultaneously. I certainly hope this is not the new reality.
.
VFW sent another donation envelope and it has 4 nickels so, of course, I opened it
4 uncirculated 2025 D – 2 are absolutely flawless under a scope. At least they can get new coins! Wish they were 2024!!!!
I’ll send in my donation…..
Any relation to “Robert Frost.”
“Nature’s first green is gold.”
Nice 1916-D Mercury Dime. Next to impossible in gem.
Cheers
Those two Indian Eagles look mighty pretty, too.
REB, Yes, oh so rare in matte proof too.
Also, Rick, an 1881-S Morgan in a “9.”
I think Mr. Frost had great taste in numismatics.
Stunning.
Some fancy coins right there guys.
Rick, JMHO, but this is Stunning! My favorite bird in Red, White, and Blue!
You might like this one better. Priceless.
Very good, both performances. I’m leaning towards Sheryl with the Stones. She looks to be in her Prime too. I was just a kid, but me and a couple of friends went to every Stadium concert named “Sunday Number 1”, “Number 2” and so on in the Denver/Boulder area 1978-80. The Stones headlined one of them, great times!
Rick,
You got my vote. There’s nothing wrong with Kris Kristofferson, but hey, the Stones, after all, are the one and only Stones.
Those coins are definitely all very cool and would be awesome to have in any numis’ collection, accumulation, or hoard IMO. Although, quite rough, I really like that 1851 Humbert $50. Something about the $50 Octagonal coins try e US Mint issued. I’ve always been quite fond of the 1915 Pan Pacific $50 as well.
Yes, I remember first seeing that 1915 Octagonal at The Granite Lady under glass. Alluring and mind-blowing. Stack’s Bowers had two on sale Tuesday. An MS-64 went for $90,000 and MS-62 went for $72,000.
Decent prices, wish I sold stock and bought one, losing mega moola there last 2 days. Silver crushed gold weeping….
Agree, the mid 1800’s brought in a bunch of interesting Territorial/Pioneer Gold. The Gold Rush era out west was really something.
.
I suppose it’s (even if only remotely) possible “our” Nakatomi Tower Hans Gruber was related to Pikes Peak Clark Gruber. Gold all around!
CaliSkier,
For my money the $50 Octagonal San Francisco Pan-Pacific Gold are among the most striking coins ever minted.
Today’s exceptionally well-illustrated article presents and describes another one of those especially awesome auctions about which most of us can only dream and drool. Quite honestly, though, at my age that’s now pretty much standard behavior for just about anything I’d like to apply my interests, energies and above all resources to.
VinnieC said: “I’m confused by all the label and holder variation….black label, black core, first 50k….is the first 50k the first 50k coins or just the first 50k the NGC slabs.” “In collaboration with the United States Mint, the coins available to EIGHTH ERA players will be among the first 50,000 released.” VinnyC I can completely understand the confusion, when trying to assess, exactly what is it we’re looking at. Based on how the previous Coin News article reads these 50,000 coins are “among” the 1st 50,000 released. With that being said the 8th ERA 1 of the First 50,000… Read more »
There was discussion of buying and flipping of the 2024 star privy slabs on CN last yare and I was confused by that too. Certain labels seem to move better.
In the “old days”, VinnieC, it was some coins that moved better than others.
Damn! Pinehurst has a presale on those 2025 (P) ASE Eagle Privy 8 ERA MS70, 1 for First 50,000 NGC coins for $435/$449 vs last nights $299 from Bullion Shark: Who’s the Shark? LOL Not much, if any meat left on the bones at that price?
CaliSkier,
We are still talking about silver bullion at under $35 per ounce here, aren’t we? Hmmm.
No thanks bye bye. They must’ve caught on to what happened with the star privy last year when that iron got hot? I’d be more inclined to pick up a 1/10th PF AGE from the Mint at that price than one of those. Better yet, go to a LCS for a ‘used’ one for a fair price. Gee, now I sound like one of the reasonable, smart buyers around here!
Rick,
Excellent choice, my friend, as the certain value of the Gold Coin has the “doubly manufactured” value of the Privy concoctions beat by a golden mile.
Gold:Silver ratio currently 99:1
Gold:Silver ratio currently 100:1
How strong is gold? Gold : Silver over 100 yet silver is not yet oversold!!!
And gold is not overbought.
Everything is correcting here – opportunity or falling knife?
Methinks patience is prudent.
It’s going to be a long time before I can convert my silver stash to gold. But I’m patient.
Wanting $40 or $50 silver is a pipe dream these daze. No Chinese buyers, do they tariff our bullion? India? Our biggest export nowadays are illegal aliens, or legal depends who u ask and once gone they’re gone, not missed yet….
John Q. Coinage,
While Gold is many times more valuable than silver and as such more costly to acquire, there is no question that both the shipping and storage of physical Gold as opposed to that of Silver is a far more practical matter.
Why? I thought you converted a long time ago?
I don’t know how old you are, MarkInFlorida, but I’m certainly not counting on being around long enough to see that day.
In my best, MONSTER Truck/Moto Cross/Wrestling advertisement, radio “Voice”!!! “Hello and Welcome SPORTS FAaNZs, to today’s PMC SMACK DOWN! AANNNDDd NOWw! LET’s Get RReady to RRRrrUUuhMmBBUULLL…, Do you think you can “BEAR” it? A folding chair has been thrown into the ring and is now being used as a device of Destruction! There is “Reddd” everywhere…Nothing is being spared… KEEP in mind, for those having an exclusive ticket to this MAIN EEvent, that you were “sold the Whole seat, but you’ll only need the EEDDDdddgge!!! As voice trails off to Vrrooming motors or celebratory fans roaring…or Boos/Booze..hiss“ You might want… Read more »
To funny with your ready to rumble comparison. Also, Thank you for the link. Being the optimist, everything is on sale. My money now goes further. Good thing I held off buying some bullion. Might need to back up the truck and load up on a few items. Maybe I can find someone selling rhodium at a decent price as something interesting to add to my collection. And, by the way, I am entertained!
Rhodium is cheap, color some gold! Jewelers are ok w lo price. Pt will be a buy @$800, Monday!!!!
East Coast Guru,
When you say “My money now goes further” you clearly mean at the likes of your LCD and not at the supermarket where sticker shock is now a regular feature.
Cute Rick, but My drink is Royal a crown, good thing I stocked up. Japanese and German beers, Bud yuck.l.lCoors ok, time to rebrew the Olympia beer.
what lose like $10k apple alone, still way above acquisition price but :>{
Stick with the Crown JQ, and Bud? they’re on the straight & narrow now. Modelo is good.
Apple has commited 1B in jobs & factories on American soil, and when the DOW is over 50k within a year from now, you’ll be a Happy Camper once again.
Rick,
Borrowing from an old truism, your glorious sense of optimism “is a thing of beauty and a joy forever.” I’ll continue to sponsor the more pessimistic side of things here to assist with keeping the natural balance, so to speak.
Gold:Silver ratio 102:1
Bada bing, bada boom!
A Black Friday for the World Markets Today.
Wall Street is Painted in Red Again.
Waiting for the Bottom. (4/14/2024)
I’ve nibbled at a few stock on sale today. The problem ‘waiting’ for the bottom is when you assume it’s been reached the market has added 5-10% gains in a heartbeat….just like it does when it reaches a top, only in reverse! Personally, I’ve always done well when I buy with my stomach all in knots. Lol Cheers
The DOW is down 5.5% today (38,314 at the close). Down 14.99% from its all-time high (45,073). We are now deep into a textbook market correction. Investors around the world are dashing to cash (i.e. money markets and short-term treasuries) and investors in Gold are taking profits. Monday’s open on 4/7/2025 will tell all. The US economy produced 220K new jobs in March, a 52% surprise from initial estimates.
E 1, Silver and Gold had a wild, tariffing ride today. The Live 24 Hour Gold Price experienced a $121 drop from the day’s high of $3,136.61 to the day’s low of $3,015.56, ending at $3,038, and the 24 Hour Silver Price fell $2.79 from the day’s high of $31.97 to the day’s low of $29.18, ending at $29.53. The corresponding 24 Hour Gold to Silver Ratio moved up from a low of 97.31 to a high of 103.51, ending at 102.89.
Monday will be a pivotal day for the markets. I’m hoping one (or a few) of the countries imposing prohibitive tariffs on us come to a favourable resolution over the weekend to calm the frenzy occurring in the markets. I was looking for a pullback to buy some positions I’m interested in, but man, I wasn’t expecting what transpired this week. As they say ‘Never a dull moment’. Cheers
Craig,
Since our jobs went overseas thanks to no other reason than our very own American companies sending them over there, the ball for lowering tariffs is not in the foreign countries’ courts but in ours. Somebody forgot the old wisdom about never starting a fight you weren’t sure you could win, and as such we are now reaping the whirlwind.
E 1,
I saw that favorable jobs report. We need more upside news like that, now more than ever! By the way, check out the name of the Motel advertising “Help Wanted”!
Just to improve our overall scope of the market, maybe Cag would like to share his observations on today’s market activity too?
April 2, 2025, before the tariff announcement, Gold:Silver was 92:1 and two trading days later Gold:Silver was 103:1.
There have only been 51 days in history where Gold:Silver has traded above 100:1 and 50 of those days were during COVID.
10 year Treasury went from high of 4.22% on Wednesday to low of 3.89% today.
Yesterday EURUSD traded in one day, the second worst decline in the past 10 years.
Just shows how much a recession is being factored into the equation.
Cag,
Now the big question is, will there be a near term Rate Cut by the FED? Recent falling commodity prices equates to dis-inflation. Petroleum is also down 7% today. OPEC announced it is increasing production in May with a $50/barrel price target. Cheap gas equates to low inflation. The “Tariff Hit List” will most likely be adjusted downward in the coming weeks as deals are made. China will remain at the top of the hit list though. Between now and then, the FED may need to CUT to contain the stock market. Any thoughts?
Let’s Ask Copilot…
Q: Will the federal reserve need to cut interest rates to contain the stock market after the big April 4th drop?
A: “The Federal Reserve’s decision to cut interest rates will depend on several factors, including the broader economic outlook, inflation trends, and the severity of the stock market drop. Following the April 4th plunge, traders are betting on multiple rate cuts this year, with some expecting up to four reductions. However, the Fed may wait until June to begin easing rates, as recent job growth has been stronger than anticipated.”
Sources: nbcwashington.com, U.S. News Money,
Let’s Ask Copilot more… Q: How would a low interest rate environment benefit the US government? A: A low interest rate environment can be advantageous for the U.S. government in several ways: 1.Reduced Borrowing Costs: The government can issue bonds at lower interest rates, which decreases the cost of servicing its debt. This is particularly beneficial given the size of the federal debt. 2.Stimulated Economic Growth: Lower interest rates encourage borrowing and investment by businesses and consumers, which can lead to higher economic activity and increased tax revenues. 3.Flexibility in Fiscal Policy: With reduced debt servicing costs, the government has… Read more »
Let’s Ask Copilot More…. Q: How do low interest rates stimulate economic growth? A: Low interest rates stimulate economic growth by making borrowing cheaper and saving less attractive, which encourages spending and investment. Here’s how it works: 1.Increased Consumer Spending: With lower interest rates on loans, consumers find it more affordable to borrow money for big-ticket purchases like houses, cars, or education. This boosts demand across various industries. 2.Higher Business Investments: Businesses can access cheaper credit to expand operations, invest in new projects, or upgrade technology. This can lead to increased productivity and job creation. 3.Improved Housing Market: Lower mortgage… Read more »
Last One for Copilot… Q: What sectors benefit most from low interest rates? A: Low interest rates can have a particularly positive impact on certain sectors, as they make borrowing cheaper and encourage spending and investment. Here are some sectors that typically benefit the most: 1.Real Estate and Construction: Lower mortgage rates make homebuying more affordable, which boosts demand for housing. This, in turn, drives construction and other related industries like home improvement and materials. 2.Automotive Industry: Reduced interest rates on auto loans make purchasing vehicles more appealing, increasing sales and stimulating the sector. 3.Financial Services: While banks may see… Read more »
E 1,
Unfortunately, all of the factors in the above bullet points are currently being torpedoed and just as likely sunk by the new prohibitively high tariffs, those which Senator Rand Paul has clearly explained are in fact taxes on the American consumer.
“Now the big question is, will there be a near term Rate Cut by the FED?” The question hinges on the word “near”. Currently the betting market is saying a 70% chance of a Fed cut in June. I don’t think the Fed will bail out the stock market unless you see continue 5% declines on Monday and Tuesday. When Powell started his Q&A yesterday the Dow was down 1400 to 1500 and the 10 year Treasury was 3.90ish. The Dow closed down 2231.07 and the 10 year Treasury closed @ 4.019%. The backup in yields across the board (2… Read more »
cagcrisp,
The Fed has now been put between a rock and a hard place. If the Fed lowers its Rate then the already increasing inflationary pressures resulting from the new Tariffs will be exacerbated. If the Fed raises its Rate then the Tariff-enhanced consumer prices will be pushed even higher. This has become a lose-lose situation.
Kaiser,
OPEC and Russia flooding the market with cheap oil is an inflation buster in itself.
E 1,
I definitely see your point, but most unfortunately this fact will only have an effect in that specific area of commerce. In the meantime, all the other sectors of the U.S. economy which rely (and some rather heavily so) on imports will end up having to pass the new duties they have to pay along to the American consumers of their products and that could be a heavy price to pay.
I’m certainly not seeing it at the pump. Gasoline is up over 30 cents in the last two weeks. But, in mitigation, it ALWAYS goes up in the weeks leading up to Memorial Day. It usually levels off from Memorial Day to July 4. Then, it drops into the Fall unless a hurricane hits the gulf. Oh, and it goes up when stations change over to a winter-grade fuel. This is all to say that the price of gas isn’t necessarily a measure of much of anything other than fairly predictable cycles. That’s why it’s kind of funny when people… Read more »
REB,
Aside from all of your truly excellent points, we must also realize by now that the price of gas is most definitely not going to be one of our primary problems in this increasingly out of control economic climate. There will be lots of bigger fish to fry!
Entirely agree.
REB, This isn’t going to be a fun ride. Whatever motivated anyone to put these in motion in the first place, there are forces now at play that may well, and most unfortunately so for all concerned (which is to say everyone in our country) bring about a period of much rougher and tougher living for quite some time to come. The genie has fled the bottle and Pandora has escaped her box and there is no way they are going to be put back where they belong before who knows how much serious if not irreversible damage has been… Read more »
Agreed. It will take decades to fix what has been broken just in the last two months.
That is, REB, if all that is now broken can even or ever be fixed at all; it may in fact already be beyond repair. So many of our very long term and consistently loyal allies have been so thoroughly alienated and grievously insulted by this exceedingly unfortunate and completely uncalled for turn of events they may never trust us enough again to take us back into the fold. If this all goes south and stays there, MAGA will end up having stood for nothing more nor less than Make America Go Away. God almighty, for the sake of our… Read more »
I think I’m just gonna ride it out on the cheap dividends and the interest. I have no vision for GLD at the moment.
E 1,
The substantial “pressure relief” provided by your music videos is most welcome indeed, so please keep those hits coming.
Thank you Kaiser. To me, the music is mentally stimulating and improves our comradery. Best of all, it is cherry picked and commercial free. Also, I am always willing to take a special request.
Peace
You’re indeed very welcome, E 1. I tend to think that music somehow allows us to recall some of our most positive memories in a way akin to how the sense of smell has that very effect regarding the more pleasant visions of our past.
Good attitude E1, the best one in this entire thread by a mile.
Thanks Rick and likewise as well my good buddy. Man, I think we’ve been posting together for almost three years now. Time flies when you’re having fun.
Cheers
Winners today! Milk .18%, Methanol 2.07%, Titanium 1.04%, Rice .27%, Tea 1.27, Rapeseed .11%, Corn .65%, Polyvinyl .44%, Polypropylene .60%, Manganese 3.31%, Beef .93%, Eggs .11%, SSE Consume Commodity Index .28%, in the green! 13 up and 62 other commodities/items in the RED from the “Trading Economics” website link I provided in the “radio spot” post above. That equates to roughly 86% of listings on the page, that were even(13) or in the red.
I was shopping at the local Asian grocery store Monday after work picking up a couple things. I had planned to pay with the card, but noticed the person in front of me got some shiny cents and quarters in change so I paid with cash. I struck out on the quarters, but did get 2 brand new 2025 Philly cents. I’m not sure which bank they use. Two weeks ago I was at my bank and asked the cashier if he had any Halves or two dollar bills. I love spending those. He didn’t have any Halves, but I… Read more »
Great about your half dollars. I was wondering where they went to. Congratulations on your finds!
The expectation that markets only go up and recessions should never happen are ridiculously naïve. The markets have not seen a significant correction (bear market) since Covid. If you look at the S&P 500, the 3 year uptrend line has not even been broken. It’s time to catch your breath and remember the old ditty Spinning Wheel.
DaveSWFL,
There is, however, a categorical difference between a natural correction in Stock Market prices and the one in effect now since this one was brought about intentionally.
Truth. An own goal at its worst.
REB,
What a fantastic way to describe what is happening, and I applaud you especially for coming up with that perfect analogy. I am, after all, a major fussball fan myself but to apply that term here didn’t even occur to me.
DaveSWFL, How about we just play it for you.
David Clayton Thomas? Now that guy can sing.
REB,
That video was produced in 1969, fifty-Six years ago. Thomas is now 83 years old. He was born in 1941. He is older than most of my coins.
Wow! I had no idea that he was still alive. There were so many good voices in that era. Gary Puckett of the Union Gap anyone? B.J. Thomas? Tom Jones? Any of the Temptations? And don’t get me started with the songcraft of popular songs at the time ….
Everyone of my clients get the same message from me when they start:
“If you lose $20,000 on Monday, you lose $20,000 on Tuesday, you lose $20,000 on Wednesday, what do you do on Thursday?”
I had one client call me yesterday and quoted back my line except they said “What do I do on Monday?”
Virtually all my clients lost over $20k on Thursday and $20k on Friday. The only ones that didn’t were clients that have the majority of their retirement in Treasuries.
cagcrisp,
Next time they call, why not give them the number for the White House so their justifiable complaints can be made at the source. They didn’t do anything to deserve this nor did you do anything to cause it; let them instead talk to the actual source of their problem(s).
One thing about Thursday and Friday…
…I didn’t have time to do much more than answer phone calls or messages…
cagrisp,
Good point, and all the more reason to direct attention to the relevant party.
cagcrisp,
I realize of course that’s not feasible in your line of work, but one can always dream.
VinnieC and others, Rick said in the previous thread: “BTW, the Bullion Exchange “coming soon” certified Eagle Privy ASEs are listed as PCGS graded instead of NGC holdered from Bullion Shark, for those who prefer PCGS.” Rick, the 1 of First 50,000 labels or slabs we’d been talking about, as best I could tell are indeed the NGC ones? Here is a whole page of them with the “pic coming soon” images, now populated and with the coins pictured. There are 2025 PCGS Eagle Privy slabs, however not with the overinflated/“high priced”, much sought after on the secondary market, 8(8th),… Read more »
CaliSkier,
The Authorized Purchasers have a nice business going with the Third Party Graders!
Thanks for the “Public Service Announcement”, and the deep dive above & below. I am now 110% Disinterested in these coins at this time, just me. Nothing personal to you Cali, it’s a joke of a marketing ploy(imo) for all that are involved with this release.
Imitator version for any curious. Real coin, real slab, just not the highly sought after NGC 8 ERA 1 of First 50,000 label that started this American Silver Eagle privy craze last year. So you will see this label on both last years “Star Privy” coins and this years “Eagle Privy” coins. The market could flip, however last years NGC 8 ERA 1 of First 50,000 are the ones that were and still are fetching $350-$500 on the secondary market, versus any of the other 20 plus labels. BTW, the presale on last years “2024 (P) Silver Eagle NGC MS70… Read more »
CaliSkier,
Since Bullion coins aren’t sold to the public directly, is this yet another way for the Mint’s chosen middleman(men) to make the big bucks at the expense of the retail consumer?
It truly is indeed Sir Kaiser! The amount of label combinations is dizzying to say the least, check out my next post, if so inclined and are enjoying the education. LOL
CaliSkier,
Perhaps counterintuitively, I do often ask these rather pointed questions in the hopeful spirit of “Say it isn’t so”, but sadly and all too typically, it is so.
That’s akin to what has happened to cellphones. Originally we were only able to use them to make calls while now they have apps beyond belief.
There’s an app coming for that. LOL!
Antonio,
I would expect no less.
The purposeful creation and subsequent existence of these modern instant scarcities seems to be clouding the issue of what a scarce or rare coin ought to be, something that has survived decades to become one of the few survivors of its original release.
AND… This is the one(pic below) that is still garnering attention on the secondary market, in case you’re following along. Again, it’s the 8 ERA label(Blue) and the Nice Gang game itself, is called the “Eighth(8th) ERA”. Again Be VERY, Very, careful and know what it is you are buying. A prime example is that some sellers on the secondary market advertise their coin like this: “2024 W NGC MS 70 SILVER EAGLE EARLY RELEASES FIRST STAR PRIVY”. In this instance the only thing that has an actual “Star” is the label and not the coin. This is one of… Read more »
No need to pity me for not knowing a f-ing thing about labels. I’m not gonna play that game. No extra money from me for a fancy piece of paper in a plastic holder! Can’t believe they’ve turned the hobby into such a circus
Agree.
CaliSkier,
The number of coin holder choices available makes me wonder if we should forgo the term numismatics and go with the name of our hobby as numislabics instead.
Don’t forget the CAC label as well. It’ll die down and return to what it really is about, numismatics.
lol.
REB and Antonio,
On some of those days when a lot of the buzz around here just happens to be about the endless number of exotic label types and the plethora of instantly created Mint rarities and errors I begin to imagine it must have been coin collecting itself that once existed a very long time ago in a galaxy far, far away.
Sharks2th, thanks for sharing your coin finds at the Asian grocery store above! Congratulations on your 2 brand new 2025 Philly cents! Also pretty cool the cashier at the bank offered to hook you up with a couple boxes of Kennedy halves! A couple questions and some thoughts. Was there something specific you were picking up at the Asian grocery store? I love Asian food, cooking Asian food and know sometimes certain items can only be sourced there? Also, do you have a business account with that bank? I wondered, since if any normal(non business acct) bank customers ask about… Read more »
CaliSkier,
I’m not sure how much sense this business makes, what with the 2025 P Lincoln Cents being sold for such extraordinarily high prices. A sucker born every minute, perhaps?
Kaiser,
It may be better to wait for the 2025 US Uncirculated Mint Set when buying those UNC 2025 P&D pennies. I did however manage to pick up a couple of 2025-S Proof Lincoln Cents this week. Now that is a shiny penny. This may be the last year for the Proof Shield Cent and prices are high for these as well ($30 each in the mint blister). I was trying to start this year off in the cheap seats. Maybe not.
E 1, Thanks for the very helpful heads up/advisory; much appreciated. I usually pick up a couple of the Uncirculated Mint Sets annually since for me they are the closest representation of what ends up among the public to serve as circulating currency, or (in likely all too many cases) at the very least as occupants of their jars, cans, boxes and drawers. I can see you are already ahead of the game with your shiny 2025-S Cents, and I must say your pro-active stance in this regard is definitely inspirational. In fact, for me to be able to view… Read more »
Kaiser,
Some old guys paint or take pictures. Other old guys garden and grow vegies. This old guy builds coin albums on the side as a creative outlet. It is not to terrible expensive when spread out over the years and it helps to keep things organized. But I still collect the classics in slabs too.
How about 2024 Nickels? Especially from the Denver Mint.
Antonio,
Well, yes, there most certainly are those also. I must say it’s both exciting and a little bit nerve wracking trying to keep tabs on all that is or in many cases might be happening with the Cent and the Nickel down the road. The way I feel about it is that these days I would wear myself out if I tried to cover all the bases like I did in years gone by; I realize it’s because more than a little of what was my typical get up and go has since gotten up and gone.
The 2025 1C coins are certainly at a lower mintage when you compare them with the other 1C production numbers in recent years. But are they done with the 2025’s yet?
The 2024 1C might also be something to keep an eye on in the coming months? It could end up being at a lower number than the 2025 1C? Stay tuned.
No, nothing is scarce or rare in the chart below, just taking a look at things…
Rick,
Interesting information there and always appreciated. It’s also nice to see you made a clear distinction between scarce and rare since all too often those two categories are lumped together to no one’s advantage. Not that I possess a single coin that would be at home in either one of those two elite categories; I remain satisfied with my collection adhering to the catchall grouping of “very nice to have”.