The United States Mint (Mint) began accepting orders for the 2020 American Innovation™ $1 Reverse Proof Coin honoring Connecticut on July 21 at noon EDT. The coin recognizes the Gerber Variable Scale, often called the most revolutionary engineering tool since the slide rule.
Produced at the Mint’s facility in San Francisco, the Connecticut American Innovation $1 Reverse Proof Coin features a frosted background and a brilliant, mirror-like finish. Its reverse (tails) design depicts the scale being used to increase a geometric shape by 200 percent, a shape that resembles the state of Connecticut. Inscriptions are “UNITED STATES OF AMERICA,” “GERBER VARIABLE SCALE,” and “CONNECTICUT.” The obverse (heads) features a dramatic representation of the Statue of Liberty in profile with the inscriptions “IN GOD WE TRUST” and “$1.” The design also includes a privy mark of a stylized gear, representing industry and innovation. “2020,” the mint mark, and “E PLURIBUS UNUM” are incused on the coin’s edge.
The Certificate of Authenticity is embedded in the packaging.
The Connecticut American Innovation $1 Reverse Proof Coin (product code 20GE) is priced at $11.50. The Mint is currently accepting orders only at catalog.usmint.gov/. Information about shipping options is available at catalog.usmint.gov/customer-service/shipping.html.
Mintage is limited to 50,000 units. Orders are limited to five units per household for the first 24 hours of sales, after which the limit will be removed.
Due to the impact of COVID-19, our sales centers are closed until further notice. Click here for details.
The American Innovation $1 Coin Program is a multi-year series featuring distinctive reverse designs that pay homage to America’s ingenuity and celebrate the pioneering efforts of individuals or groups from all 50 states, the District of Columbia, and the U.S. territories. Visit usmint.gov/learn/coin-and-medal-programs/american-innovation-dollar-coins to learn more about this program.
Note: To ensure that all members of the public have fair and equal access to United States Mint products, the United States Mint will not accept and will not honor orders placed prior to the official on-sale date of July 21, 2020, at noon EDT.
The Latest Bureau of Engraving and Printing Monthly Production Report Has Been Posted.
All production reports can be found at https://www.bep.gov/resources/productionmonthly.html
First auction held in conjunction with a coin show since the Covid-19 pandemic began smashes many world record prices and was a phenomenal success!
(Lincroft, NJ—July 17, 2020). The Regency Auction 39, which took place on the evening of July 16, 2020, as the official auction of the PCGS Members Only Show in Las Vegas marked the first live auction to be held at a trade show. Since February, as coronavirus related shutdowns forced all major trade shows to be canceled, the related auctions have mostly been transformed into internet only affairs. As the first auction held in conjunction with a coin show since the mid-winter ANA, the auction was a triumphant return to in person lot viewing and bidding for Legend Rare Coin Auctions, and when the final lot closed, proved to be the firm’s biggest sale of 2020 so far.
From the moment the sale went live for pre-bidding, registrations were strong. As the first week of pre-bidding ended, registrations were on track to be a record-breaker. By the time the final lot closed on Thursday, July 16, the auction had set records for customer interaction across the board. Registrations, bids, views, and live bidders all dramatically eclipsed the previous records for a Regency Auction and contributed to the amazing results realized in the sale. Indeed, the intense live auction bidding activity led the auction to take longer than usual to close. While the sale ended well into the wee hours of Friday morning east coast time, the action did not wane.
Beginning with the BigMo Civil War Collection, internet and phone bidding was fierce, and continued to be strong through the Incline and Roadrunner Collections, with many lots seeing fierce bidding wars breaking out between multiple eager bidders. The results throughout the sale were strong, with at least 20 auction record prices set during the auction. Bidding was strongest on fresh to the market, high end collector coins.
“Considering the current Covid-19 pandemic, we weren’t sure what the in-person attendance would be for this auction,” said Matthew Bell, CEO of LRCA. “Since it was the first major auction and trade show to be open to the public since the pandemic started, we knew that there would be many people who were weighing whether or not to attend. We were pleased with the turnout, as several returning and new customers came to the auction to place bids and watch the action. The real stars of this auction, however, were the phone and internet bidders.”
“Based on the sheer numbers of phone bidders we had for the BigMo Collection, we knew that the bidding would be intense for that high powered set, but the online bidders really came through and made the results for the entire collection incredible,” added Julie Abrams, President of LRCA. “This momentum carried through the entire sale, as the Incline Jefferson Nickel and Roadrunner Toned Dollar Collections saw many lots with multiple bidders duking it out, leading to very strong results. Overall, the auction set a record for every metric we track in terms of customer interaction, and in most cases flew past our previous records.”
Laura Sperber, founder of LRCA added, “Considering the state of the market, I am just shocked and really thrilled with the extremely strong results overall. Over 20 coins shattered auction records, an accomplishment that we are extremely proud of! As fresh, high end quality coins always inspire intense action from bidders. Really, our results from this auction speak for themselves, just look at these world record prices realized:”
- Lot 25. 10C 1862-S PCGS MS65 CAC, realized $58,750
- Lot 29. 50C 1862-S PCGS MS66 CAC, realized $47,000
- Lot 31. $1 1862 PCGS PR66+ CAC, realized $76,375
- Lot 40. H10C 1863-S PCGS MS67+ CAC, realized $23500
- Lot 44. 25C 1863 PCGS MS66 CAC, realized $15,862.50
- Lot 51. $1 1863 PCGS PR67+ CAM CAC, realized $129,250
- Lot 63. 10C 1864 PCGS PR67+ DCAM CAC, realized $19,975
- Lot 70. $1 1864 PCGS PR66 CAM CAC, realized $49,937.50
- Lot 81. H10C 1865-S PCGS MS66+ CAC, realized $30,550
- Lot 83. 10C 1865-S PCGS MS65+ CAC, realized $55,812.50
- Lot 85. 25C 1865 PCGS PR67+ DCAM CAC, realized $64,625
- Lot 88. 50C 1865 PCGS PR67+ DCAM CAC, realized $117,500
- Lot 215. 5C 1954-S PCGS MS67 FS, realized $35,250
- Lot 269. 25C 1889 PCGS PR67+ CAM CAC, realized $19,387.50
- Lot 277. 25C 1892 PCGS PR68+ CAM CAC, realized $28,200
- Lot 411. $1 1896 PCGS MS66+ CAC, realized $18,212.50
- Lot 443. $1 1886 PCGS MS66+ CAC, realized $7,343.75
- Lot 460. $1 1903-O PCGS MS67+ CAC, realized $31,725
- Lot 461. $1 1904-O PCGS MS67+ CAC, realized $39,950
- Lot 536. $1 1871 J-1129 PCGS PR65 RB CAC, realized $42,300
“We have seen lots of increased demand for tangible assets as the uncertainty in the overall economy,” concluded Matthew Bell. “With a dearth of coin shows, collectors and professional numismatists are increasingly turning to auctions to buy their coins. The number of first time registrants and winning bidders are proof enough of this fact. As the states continue to limit gatherings, rare coin buyers are increasingly moving online to bid. We think the auction market will only get stronger the longer these Covid-19 shut downs last.”
Legend Rare Coin Auctions’ Regency Auction 40 is going to take place on Thursday, August 27, 2020 in conjunction with the PCGS Members Only Show. Consignments are now being accepted for Regency Auction 41 in October and Regency Auction 42. Both of these auctions already have important collections already consigned, contact a consignment specialist today to include your coins. Email firstname.lastname@example.org or call the office 732-935-1168.
(Los Angeles, CA) July 21, 2020 – Historic sunken treasure from the California Gold Rush recovered from the fabled S.S. Central America which sank in 1857 will be offered to the public for the first time in an auction to be conducted in September in Los Angeles, California and online by Ira & Larry Goldberg Auctioneers (www.GoldbergCoins.com).
“One of the important highlights is a major numismatic discovery from the legendary ship: an extremely rare 1856 San Francisco Mint Liberty Seated No Motto quarter-dollar with a large S mint mark punched over a small s. It was discovered in a canvas bag in the purser’s sealed iron box in the ship’s safe on the seabed more than 7,000 feet below the Atlantic Ocean’s surface,” said Dwight Manley, Managing Partner of the California Gold Marketing Group (CGMG).
The 1856-S/s silver quarter now is graded PCGS XF45.
CGMG owns that coin and the other S.S. Central America treasure now being offered for the first time in the Goldberg’s September 13 and 14, 2020 auction.
“With a total mintage of only 286,000, ‘normal’ 1856-S quarter-dollars are scarce even in low, circulated grades, and extremely scarce in Mint State grade. The auction will include a recovered treasure 1856-S quarter graded PCGS MS63 CAC,” explained Larry Goldberg, auction house co-owner with his cousin Ira Goldberg.
“Another major highlight is an 1856-S Liberty Seated silver dime graded PCGS MS65 CAC and tied for the finest known,” said Manley. “Only 70,000 dimes — just $7,000 face value — were minted in San Francisco in 1856 and a just handful are known today in uncirculated condition. This one’s a miracle survival coin, still pristine with full luster. It was displayed at the American Numismatic Association 2019 Chicago World’s Fair of Money.”
Also recovered from the ship and in the Goldberg’s September auction is a scarce 1854-O Liberty Seated Arrows at Date silver quarter-dollar Huge Mint Mark variety. It is graded PCGS AU55 CAC and among the finest known of its kind.
All the PCGS-certified treasure coins in the auction are housed in special encapsulation holders that include a pinch of miner’s gold dust also retrieved during the last recovery mission to the ship in 2014.“This gold dust was originally discovered by 49ers during the heydays of the California Gold Rush and untouched in the miners’ gold field packets for more than 160 years,” explained Manley. “When it was recovered from the S.S. Central America the gold dust was still sealed in the miners’ original pokes, the satchels and pouches made of buckskin, canvas or leather.”
The sale also will include five ounces of recovered gold dust now housed in one of the 88 hand-numbered elegant, large-format holders specially prepared by PCGS. The insert label on the 5½ by 9 inches holder is personally signed by the esteemed Q. David Bowers, author of two books about the Gold Rush and the SS Central America, and by Bob Evans, the chief scientist on the Ship of Gold sunken treasure recovery missions.
For additional information about the auction, visit Ira & Larry Goldberg Auctioneers online at www.GoldbergCoins.com or call 310-551-2646. The email address is info@GoldbergCoins.com.
Chief Engraver Joe Menna discusses his work on the 2020 Salt River Bay National Historical Park and Ecological Preserve quarter. This coin represents the U.S. Virgin Islands as the 53rd release in the American the Beautiful Quarters® Program.
Watch the video on YouTube → here.