QUESTION FOR CARSON-ITE

A question for Carson-ite: Did "jimmiekeyes" ever come through with verification of a previously unknown 1876-CC twenty cent piece?

Thru the Grapvine: GSA prices

Hello everyone:

My favorite coins have been CC Morgan Dollars that were encapsulated and sold by the GSA in the early 1970s. Long time observers of this part of the numismatic universe have noted that the advent of third-party encapsulation and grading has created a new collecting arena where GSA specialists are seeking high grade dollars that are STILL encapsulated in the original GSA packaging. The reasons for this are too numerous to recite in a blog (see my article in the second issue of C4oA's journal, Curry's Chronicle, fall 2005).

I want to start an infrequently updated 'heard-it-thru-the-grapevine' report on the prices that GSA dollars are commanding today as an aid for other collectors who (like me) need accurate approximations for current values.

My sources are anonymous but reputable, and I have verified to the best of my ability that the transactions are real. I am only the reporter and the names of the dealers and owners are anonymous and will never be divulged.

Also, for obvious reasons, this log cannot be a complete market survey. More reports and rumors are always welcomed.

Mitchell

Here are some recent transactions:

December 2007

1883CC GSA NGC MS-65DPL - $2400
Comment: This date and grade is the most common GSA coin found in NGC MS-65DPL (NGC population count - 54).

April 2008

1885CC GSA NGC MS-66DPL - $25,000
Comment: This coin is the highest graded 1885 deep mirror proof-like and is the only coin graded at this level.


May 2008

1890CC GSA NGC MS65 - $47,500+
Comment: This coin is the highest graded 1890CC and it is the only example graded at this level.

National Coin Week in Northern Nevada

A Town Coined Carson City Mint offers events celebrating National Coin Week

Andrew Pridgen Nevada Appeal Staff Writer

April 22, 2008

Even during the most difficult economic times, someone's making money.

This adage couldn't be more true, both literally and figuratively than it is this week in Carson City.

As area numismatists are already well aware, this is National Coin Week.

Whether you're looking through loose change for a newly minted Nevada state quarter or you're Rusty Goe, owner of Reno-based Southgate Coins - who last week purchased an 1871 gold piece struck at the Carson City mint for $414,000 this week is literally one for the books for coin collectors.

"I think it's a (hobby) that's really starting to pick up a lot of new enthusiasts," Goe said. "We have such a wide variety of customers. We have children on a budget, and we stock items to get kids started. And we have long-time collectors who have coins worth tens, sometimes hundreds of thousands of dollars."

No matter the collector's experience level, Goe said, one lesson is learned quickly for Northern Nevada hobbyists:"Carson City is more than a special place," he said. "For many, it's the epicenter of their coin world."

The Carson City Mint's Coin Press No. 1 operated continuously from 1870-85 and again from 1889-93, according to the Nevada State Museum. It has also operated on a limited basis over the years, producing coins for three years beginning in 1964, and was again pressed into service to make bicentennial medals in 1976, according to the museum.

This year's coin week is celebrated through Saturday at the Nevada State Museum.
Events range from a display of coins of the Comstock, to the operation of Historic Coin Press No. 1.

"It just so happens that this year's national coin week does take on special meaning here," said Bob Nylen, the museum's curator of history. "This is our (city's) 150th anniversary. And the mint is such an integral part of what put Carson on the map."

Tonight at 7:30, Nylen will give a lecture on Abraham Curry, one of Carson City's founding fathers who is credited as being instrumental in bringing the mint here and served as its first director.

"Coin (week) is a natural time to moment Carson's place in history -and Curry embodies that," Nylen said. "Though he died at 58, he lived to see his dream, to see the community develop and grow - to get a mint here."

Goe underscored the importance of having the mint in his "backyard" to the health of his business.

"It really means a lot to me," he said. "All the publicity the mint can get is not just good for my business - it's good for Carson City.

"I (know) the convention and visitors bureau was trying to decide how to brand Carson City and I'm thinking, 'what about the mint?' When people see a coin with the double 'cc' stamp on it - especially those famous silver dollars - they get a look back in the past, a look back on the gilded age of thin country. They get a peek into the last quarter of the 19th century: the Comstock Lode, Mark Twain, the railroads ... the gold rush. These coins have preserved that history."

The museum's collection of Carson City mint coins feature 109 of 111 coins that make up the entire set.

The coins have attracted international interest.

"I put out a quarterly newsletter just on Carson City coins [Curry’s Chronicle] and it even goes to Japan. You can't tell me there isn't a great interest," Goe said.

Though the mint has been dormant for more than a century, its legacy belies the dollar's recent tumble.

Carson City silver dollars, some 2.9 million of which the government put up for sale to collectors from 1972-80, now range in price from $210 to more than $450,000.

"The saying when they were released in the '70s was '90 percent silver, 100 percent history,'" Goe said. "Now if that isn't a slogan for Carson City, I don't know what is."

• Contact reporter Andrew Pridgen at apridgen@nevadaappeal.com or (775) 881-1219.

National Coin Week at a glance:

Tonight: Bob Nylen, curator of history, speaking on Abraham Curry, founder and promoter of Carson City from 7:30-8:30 p.m. at the museum.

Thursday: Local coin dealer and author Rusty Goe will give a lecture on favorite forms of recreation and entertainment in Carson City during the mint's glory years: 7 p.m. at the Carson City Library, 900 Roop St.

Friday: The museum's Historic Coin Press No. 1 will operate in celebration of National Coin Week at 11:30 a.m. A special commemorative medallion will be minted in honor of the 100th anniversary of the incorporation of the City of Fallon. In the afternoon, a new Liberty Bell .999-fine silver medallion will be minted for the first time to commemorate the Fey Family slot machine collection, which is on display at the museum.

"CC" COINS IN THE AUCTION PLACE

Heritage Auction Galleries in conjunction with the Central States Numismatic Society will host a five session auction April 16, 17 & 18, 2008 at the Donald E. Stephens Convention Center, Rosemont, IL. Some great "CC" coins will be up for auction. The prices realized will offer us an up to date value reality for our favorite coins..."CC" of course!
Here is a listing of the six "CC" coins on the block:

1. 1872-CC Seated Dime PCGS VF-25 Lot# 562
2. 1874-CC Seated Dime NGC G-4 Lot# 2264
3. 1875-CC $10 Eagle PCGS AU-55 Lot# 2475
4. 1871-CC $20 Dbl Eagle NGC MS-64 Lot# 2500
5. 1892-CC $20 Dbl Eagle PCGS MS-63 Lot# 2504
6. 1872-CC Seated Dollar NGC MS-64 Lot# 2133

For more info, contact Heritage at: (800) 872-6467
or email at: bid@ha.com

2008 Renewals

Renewal Season Is Here!

Renewal notices were sent out to all members whose membership in the Carson City Coin Collectors of America club expires June 30, 2008. The one year subscription to Curry’s Chronicle, the club’s quarterly journal, ends with the summer 2008 edition, which is due out the first of June.

There are 255 members in the club who are up for renewals this year. If you are one of those members, please remit your dues to our club treasurer as soon as possible to ensure that you do not miss any issue of the Curry’s Chronicle and lose your membership status in the club’s roster.

Please make your $20* check or money order payable to CCCCOA and mail to:

Treasurer
P.O. Box 16776
Boise, ID 83715-6776

If you have any questions regarding your membership status please contact Amy Williams at (775) 322-4455.

Please send those dues in today!

*International members owe $40 a year. Members from Canada owe $25 a year.

Lincoln coin show

I went to a coin show over the weekend. It's interesting what you can find at coin show. One coin dealer had a 1890 tail bar but it looked like somebody polished in on a buffing wheel!! I think the dealer knew he had a lemon. I hope no one buys this coin. Then another dealer had a 1872 "CC" eagle in a slab that had been cleaned it was a nice looking coin, It's too bad because the coin loses half it's value. There was a nice display of gsa dollars all graded by ngc the coins that stood out were the 79 "CC" and the 91"CC".

Counterfeit PCGS and NGC slabs

The comment that Mike made about counterfeit pcgs and ngc slabs coming from China shocked me. We will have to be more careful about the coins we purchase.

A GREAT "MUST READ" ARTICLE

Greetings to all "CC" fans. There is an article that I consider "must reading" for all coin collectors. It was written by Rusty Goe and is entitled "Not all Coin Dealers Struck from Same Die: A Primer on Particular Types of Professional Numismatists" To view this special article, click on this link: http://www.expertclick.com/NewsReleaseWire/default.cfm?Action=ReleaseDetail&ID=20108&f5=1

After you read this, post a comment. I would love to hear what your thoughts are regarding this subject.

Do "CC" Coins Get Melted

With the recent rise in gold and silver prices alot of common date coins get melted, one wonders if any carson city coins get melted I hope not. But I think that coins that are damaged or badly worn do get melted. By the way I got a silver quarter and dime as change I couldn't belive that silver coins still circulated!!!