PCGS authenticates first known specimen 1878-S Morgan dollar

(Santa Ana, California) August 6, 2018 — Professional Coin Grading Service (www.PCGS.com) has authenticated and certified the only known specimen strike 1878 San Francisco Mint Morgan dollar. The VAM 58 variety is graded PCGS SP65.

Submitted by an East Coast collector, this specimen 1878-S silver dollar has been authenticated and certified PCGS SP65 and is the earliest known specially-struck branch mint Morgan dollar. (Photo credit: Professional Coin Grading Service www.PCGS.com)

“I knew it was special the moment I laid eyes on it,” said the coin’s owner, an East Coast collector who wants to remain anonymous. He revealed there are preliminary plans under discussion for a future public exhibit of the coin in California.

The collector purchased the coin at an auction in 2006 and recalled that during the lot viewing “it looked like a zebra among horses. Just too well made, it was struck like a Philadelphia Mint proof, and had obviously been handled with kid gloves.”

PCGS President Don Willis stated: “When this coin was submitted to us at the June Long Beach Expo we instantly knew it was something special. After careful analysis, we are pleased to designate it as a Specimen!”

It is the earliest known specially-struck branch mint Morgan dollar.

The unbroken pedigree of this coin dates back to the 1880s when it was the property of Bishop & Co. Bank in Honolulu, Hawaii and then acquired by Samuel Mills Damon of Honolulu, a partner in Bishop’s Bank.

It remained in the Damon estate for more than 120 years until it was offered at auction by Doyle New York in 2006. It was described by the auction house as “1878-S, Morgan Dollar. Brilliant coin, possibly a presentation piece….”

There are clues about how the coin got to Hawaii in the 1880s. One of the dignitaries attending the April 1878 first striking ceremony for Morgan dollars at the San Francisco Mint was a former California Governor, Frederick Low, who was given the second coin struck. He moved to Hawaii in 1882 and became a banker there.

ANA Members to Receive Recognition at Philadelphia World’s Fair of Money

Numismatics is the study and collection of coins, paper money, tokens and medals, but at the American Numismatic Association (ANA) it is the people who truly define the hobby. Several individuals will be recognized for their service and commitment to numismatics at the upcoming Philadelphia World’s Fair of Money, August 14-18.

The Elvira Clain-Stefanelli Memorial Award for Achievement in Numismatics was established in 2013 to recognize women who have made notable contributions to the hobby. Named after the former curator of the Smithsonian Institution’s National Numismatic Collection, this honor has been bestowed on many heavy hitters. Among the most deserving is this year’s recipient, Prue Morgan Fitts.

Prior to joining the ANA in 1991, Fitts had little interest in numismatics, However, after inheriting some Byzantine specimens from her father, Fitts’ curiosity was piqued. She subsequently took a course on Roman and Byzantine coinage at the ANA Summer Seminar, and then went on to develop and teach a Summer Seminar class in 2003, “Women in Power on Coins and in Art.”

ANA conventions are a regular stomping ground for Fitts, who often contributes her time as a national volunteer. She regularly exhibits competitively and serves as a judge. She also has given talks as part of the ANA’s Maynard Sundman/Littleton Lecture Series.

Having earned a master’s degree in education from Harvard, Fitts is passionate about sharing knowledge. She helped revive the Women in Numismatics group, previously serving as president, and has organized or participated in numerous young numismatist and Scout programs. She co-founded the Association of Dedicated Byzantine Collectors, where she served as its first, and only, “empress.”

An accomplished author, Fitts noticed the lack of books available to collectors who are new to the field of Byzantine numismatics, so she wrote one. Her Beginner’s Guide to Identifying Byzantine Coins was published in 2015 and is considered a modern classic in the field.

In 2002, Fitts received her first ANA accolade, the Glenn Smedley Memorial Award. Ten years later, she and her husband, Arthur, earned the Association’s top honor, the Farran Zerbe Memorial Award for Distinguished Service (2012). She also served one term on the ANA Board of Governors (2005-07). In 2009 Fitts was the general chairman of the ANA’s World’s Fair of Money in Boston and received a presidential award that same year. Fitts will be recognized at the ANA Annual Banquet on Aug. 17 at the Philadelphia Marriott Downtown.

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ANA district representatives are the lynch pins of the hobby, promoting and expanding interest in numismatics by working directly with ANA member clubs and collectors throughout the United States. On August 16, Brett Irick of Dearborn, Michigan, will be recognized as the Outstanding District Representative during the ANA Member & Awards Celebration at the Philadelphia World’s Fair of Money in the Pennsylvania Convention Center.

Like many collectors, Irick’s love of coins began when he was young and working on a Boy Scout project. He joined the ANA in 1979 and continued to build his collection as time permitted during his 31-year engineering career with Ford Motor Company, where he developed two U.S. patents.

Since retiring, Irick has been more involved in the numismatic community. He is president of the Michigan State Numismatic Society, vice president of the Central States Numismatic Society, and area-director of the Royal Canadian Numismatic Association and president of the Windsor Coin Club. (As an ANA district representative, he serves Canada and Michigan.) Irick also is an ANA exhibit judge and has several award-winning displays to his credit, earning the Howland Wood Memorial Award for Best-of-Show Exhibit in 2010. In 2015 he was presented the ANA’s Joseph E. Boling Award for Judging Excellence and the Glenn Smedley Memorial Award.

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In an effort to enshrine the most important collectors, scholars and hobby professionals of all time, the ANA maintains the Numismatic Hall of Fame at its headquarters in Colorado Springs, Colorado. Individuals are recognized annually, with “modern” numismatists named in odd years and “historic” personages in even years. In June 2018, the ANA welcomed to this elite group a notable hobbyist of days gone by—Joseph N.T. Levick (1828-1908).

Born in New Orleans, Levick began collecting coins after he moved to Philadelphia in 1855. In 1860 he relocated to New York City, where he established a numismatic store at the corner of Broadway and 20th Street. During the Civil War, Levick was a Union soldier in the 70th regiment of New York volunteers, attaining the rank of first lieutenant. He was a founding member of both the Philadelphia Numismatic Society (1858) and the New York Numismatic Society (1864).

Levick served the American Numismatic Society (ANS) as treasurer (1867-74), and in 1866 he launched its American Journal of Numismatics, the first numismatic periodical in the United States. The October 1868 issue carried Levick’s first article, “A Table, Showing the Prices Paid for the Five Types of the 1793 Cent, Selected from Twenty of the Principal Coin Sales in the Country, from 1855 to 1868.” He found it difficult to describe the pieces adequately, which led him to present in the April 1869 ­issue the first photographic plate of coins known in American numismatics. The image showed obverse and reverse die varieties, with lines connecting die pairs. Although just 100 original copies of the well-known “Levick Plate” were produced, it has been reprinted several times.

The American Journal of Numismatics was a costly endeavor, and in 1868 Levick convinced the ANS to explore other avenues of publication. Two years later, the Boston Numismatic Society agreed to oversee the journal’s production, taking it from monthly to quarterly, and reducing its annual subscription from $3 to $2.

Levick joined the ANA in July 1906. He died in September 1908, three weeks after his 80th birthday. Levick’s contributions to numismatics will be recognized at the ANA’s Annual Banquet during the Philadelphia World’s Fair of Money.

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The American Numismatic Association is a congressionally chartered, nonprofit educational organization dedicated to encouraging the study and collection of coins and related items. The ANA helps its 25,000 members and the public discover and explore the world of money through its vast array of educational and outreach programs as well as its museum, library, publications, and conventions. For more information, call 719-632-2646 or visit www.money.org.

Unprecedented Tyrant Collection of Historic Italian Coins at Long Beach

(Long Beach, California) August 3, 2018 — Famous gold and silver coins of Italy from the acclaimed Tyrant Collection (www.TheTyrantCollection.com), ranging from Gelon, tyrant of the cities of Gela and Syracuse in 485 BC, to King Victor Emmanuel III in 1933, will be publicly displayed together for the first time anywhere, September 6-8, 2018.

The unprecedented exhibit, “Tyrants of the Tyrrhenian and Adriatic Seas,” will be a featured attraction at the September 2018 Long Beach Coin, Currency, Stamp & Sports Collectible Expo (www.LongBeachExpo.com) in Long Beach, California.

A rare Doppio Ducat of French King Louis XII as the Duke of Milan (1499-1512) is one of the many highlights of the “Tyrants of the Tyrrhenian and Adriatic Seas” exhibit at the September 2018 Long Beach Expo.
(Photo credit: Lyle Engleson/Goldberg Coins & Collectibles)

There are 365 historic coins in the $8 million display celebrating numismatic treasures from Sicily on the south to Turin on the north. The exhibit is divided into regions by their boundaries with bodies of water, such as the Arno and Po rivers, and the Adriatic and Tyrrhenian seas, and showcases some exceedingly rare issues.

This historic gold Zecchino (1625-1629) of the Venetian doge Giovanni I. Corner depicts him kneeling while being blessed by Mark, the patron saint of Venice, and depicts Christ on the reverse side giving a benediction. It is a rarity that is part of a superb collection of Italian gold coins in the September 2018 Long Beach Expo $8 million exhibit “Tyrants of the Tyrrhenian and Adriatic Seas.”
(Photo credit: Lyle Engleson/Goldberg Coins & Collectibles)

“This part of the extensive Tyrant Collection, the world’s most valuable rare coin collection in private hands, encompasses the expansive area that evolved into modern Italy. The impressive coins in the exhibit range from frequently seen ancients to medieval and modern issues of great rarity,” explained Ira Goldberg President of Goldberg Coins and Collectibles, Inc. (www.GoldbergCoins.com) in Los Angeles, California. Goldberg is one of the numismatic professionals providing guidance in assembling the wide-ranging collection.

Spanish King Carlos (Charles) III is depicted as ruler of Sicily on this rare gold 4 Ducati struck in 1727 in Palermo. It is part of the Tyrant Collection’s “Tyrants of the Tyrrhenian and Adriatic Seas” exhibit at the September 2018 Long Beach Expo.
(Photo credit: Lyle Engleson/Goldberg Coins & Collectibles)

“It is a massive collection that vividly depicts the generations of rulers who held sway in their respective regions of old Italy,” said Bruce Lorich, who cataloged the exhibit.

All-time finest CC dollar collection purchased intact

(Woodland Hills, California) August 1, 2018 – The Ponderosa Collection, the PCGS Set Registry® number one finest-of-all-time set of circulation strike Carson City Morgan dollars, 1878-1893, has been acquired intact by Woodland Hills, California dealer Barry Stuppler (www.MintStateGold.com).

The purchase price for the 13-coin set plus a 14th “top Pop” CC dollar was $1.2 million. Stuppler arranged for the acquisition by emails while on vacation more than 5,000 miles from his office.

The anonymous former owner of the Ponderosa set is identified as a Nevada collector whose interest in coins began at the age of six with the assistance of his mother, a coin and stamp collector. He purchased his first Carson City dollar in 2008.

“Barry (Stuppler) floated the idea to consider building a set of Carson City Morgan dollars; 13 coins that I had years of pleasure — and sometimes anxiety — reading about, studying, telling others about and pursuing. It was great fun, and Barry has been a wonderful mentor and now also a great friend,” the collector stated.

Professional Coin Grading Service President Don Willis described the Ponderosa CC dollar set as “the finest ever graded by PCGS and with several finest known coins. The collection is a wonderful example of the historical Carson City Mint.”

These are the grades of the 13 coins in the set:

  • 1878-CC PCGS MS66+
  • 1879-CC PCGS MS66+, finest known, none graded higher.
  • The finest known 1879-CC Morgan dollar, graded PCGS MS66+, is one of the highlights of the Ponderosa Collection of Carson City dollars purchased by Barry Stuppler.(Photo courtesy of Professional Coin Grading Service www.PCGS.com)

  • 1880-CC PCGS MS67
  • 1881-CC PCGS MS68, tied for finest known.
  • 1882-CC PCGS MS67+
  • 1883-CC PCGS MS68, tied for finest known.
  • 1884-CC PCGS MS67+
  • 1885-CC PCGS MS68+, finest known, formerly in the Jack Lee and Coronet collections.
  • 1889-CC PCGS MS64PL
  • 1890-CC PCGS MS66
  • 1891-CC PCGS MS66+
  • 1892-CC PCGS MS67+, finest known.
  • Graded PCGS MS67+, this finest known 1892-CC Morgan dollar is part of the Ponderosa Collection of Carson City dollars purchased intact by Barry Stuppler for $1.2 million.
    (Photo courtesy of Professional Coin Grading Service www.PCGS.com)

  • 1893-CC PCCGS MS65, formerly in the Eliasberg Collection.

The 14th coin in the purchase is an 1879-CC graded PCGS MS65+PL.

“My favorite Morgan dollar in the set is the 1889-CC (PCGS MS64PL),” said the Ponderosa Collection seller. “I can still remember the day I purchased a PCGS MS-63 example. The price I paid made me aware that I was committed fully to building the finest Carson City set that I could possibly afford. I regret that I was never able to obtain the single MS-65 1899-CC Morgan that is still a part of the California Collection.”

What will happen now to the Ponderosa CC Morgan dollars set?

“As part of our company policy, we are going to give our current clients on the PCGS Carson City Morgan dollar registries the first chance to acquire these coins to improve their collections. Whatever coins may remain will be offered on our website, www.MintStateGold.com,” said Stuppler, President of the Professional Numismatists Guild and a former President of the American Numismatic Association.

The seller plans to divide his proceeds between assisting his family, acquiring more coins and fulfilling a long-time desire to be in the entertainment industry.

“Building the Carson City collection was great fun and an exciting numismatic learning experience. One of my primary goals when I started was to make this collection the all-time finest pedigree collection on the PCGS Set Registry. With the help of Barry, I was able to achieve this goal, and you can’t get much better. So, now I’m looking at other areas of numismatics that I can achieve the same goal.”

He added: “I do have a few other interests that are still hanging around at the bottom of my bucket list. I studied movie production during my college years and beyond. Recently I formed a production company with two fantastic friends in the industry and am looking forward to producing one or more full length theatrical release movies.”

For additional information about the Ponderosa Collection, contact Barry Stuppler at 818-592-2800.

Legend Rare Coin Auctions to Sell Konstantine Collection of Capped Bust Half Dollars

Legend Rare Coin Auctions to Offer The Konstantine Collection of Capped Bust Half Dollars, the #1 Collection of Capped Bust Half Dollars with Major Varieties, 1807-1836 on the PCGS Set Registry.

(Lincroft, NJ—July 30, 2018)—Legend Rare Coin Auctions today announces with great honor and pride that the Kontantine Collection of Capped Bust Half Dollars will be auctioned in Regency Auction 28, on September 26, 2018, the official auction of the PCGS Members Show. Anchoring the firm’s second two-day Regency Auction, this world class collection was very carefully assembled by a very astute specialist collector over several years. The Konstanine Collection includes many finest known or high Condition Census pieces, many pedigreed to some of the greatest collections ever assembled. The composition for the Registry Set is made up of the 73 major varieties of Capped Bust half dollar listed in A Guide Book of United States Coins, struck from 1807 to 1836 when the Lettered Edge type was discontinued.

In the Introduction to the Collection, Legend wrote of the Capped Bust series and the Konstantine Collection in particular:

In all of American Numismatics, the Capped Bust Half Dollar is one of the most popular series to collect and has delighted collectors for ages. Looking at the series, there is a lot to like. It combines a beautiful, charming design, large size, precious metal content, and a history that goes back to where America began to “grow up.” Because of their place in a larger economic sense, Capped Bust half dollars, perhaps more than any other 19th century type, is widely available to collectors in all qualities, making them a wonderful specialty whether your budget allows for six figure purchases, or a more modest three-figures. There are attractive coins in all ranges where you can build a collection that will be both meaningful to you as the collector, and impressive for even the unacquainted to enjoy.

The Konstantine Collection currently ranks as the #1 PCGS Registry Set of the Red Book listed varieties, an assemblage of 73 different coins, and is 100% complete. To be #1, you know that the coins are going to be high grade, and the collector was diligent in buying not just high-grade coins, but high quality for the grade as well. As you read the descriptions, you will find coins pedigreed to other great collections of the past: Eliasberg, Norweb, Pogue, Gardner, Newman, Link, and others. It becomes apparent as you review each of the coins in the collection, that the collector carefully selected coins that would appeal to a very wide range of collectors, with wonderful quality coins that will fit in nearly every budget. Once the hammer falls on the final lot, the Konstantine Collection will rightly join its place among the great collections of Capped Bust half dollars.

Legend Rare Coin Auctions is proud and honored to offer this amazing collection in Regency Auction 28. It is the hope of the consignor and Legend Rare Coin Auctions that each of these 73 coins finds itself in another world-class collection. Whether you are interested in just a single, magnificent gem for a type set, an interesting representative of a date, or need that Condition Census Overton variety for your specialized die variety set, there is no doubt that the Konstatine Collection will have something for you.

“We are very excited to sell this world class collection,” exclaims senior numismatist, Greg Cohen, who cataloged the collection. “There are several varieties that are listed that are major rarities in the collection, difficult to locate in any grade; completing this set can be a Herculean task. While the majority of the coins are Mint State, there are a number of coins that are circulated, making this a true collector’s set”

Of the major varieties that are rarities in the series, regardless of condition, the following stand out:

  • 1807 O-111B. The Bearded Goddess. PCGS AU53 CAC.
  • 1812/1 O-101A. Large 8. PCGS AU50
  • 1815/2 O-101A. PCGS MS63
  • 1817/4 O-102. PCGS VF35 Ex Pogue
  • 1830 O-114. Large Letters Reverse. PCGS XF45

“There are many coins that may be described as ‘irreplaceable,’” Cohen continued. “While some of the coins are known primarily to serious students of the series. There are many coins that are considered among the finest or the finest for the variety, those coins, while not necessarily rare in the absolute sense are extremely so in the condition that are contained in the Konstatine Collection and are fabulous coins for collectors of high grade type to include in their sets. The coins that fall into this category, you can clearly tell, were selected with care to include only very eye appealing coins.”

Among these highlights are:

  • 1807 O-114. Large Stars. PCGS MS65 CAC
  • 1808 O-103. PCGS MS67 CAC
  • 1814 O-103. PCGS MS66+ CAC
  • 1824/1 O-101. PCGS MS64+ CAC
  • 1830 O-106. Small 0. PCGS MS65+ CAC
  • 1836 O-104A. PCGS MS65 CAC

Highlights of the Konstantine Collection will be on display at Legend’s table at the upcoming American Numismatic Association’s World’s Fair of Money, August 13-18, tables 523, 525, 527. Highlights will also be on display at the September Long Beach Expo, September 5-8, table 601. The entire collection will be available for viewing in Legend’s offices by appointment only. For more information about this collection, call or email 732-935-1168, info@legendauctions.com.

Consignments are still being sought for this important numismatic event, but space is limited. Contact a consignment specialist today.

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