The Santa Clara Coin, Stamp & Collectibles Expo to be held on April 10 – 13, 2008, will be displaying the finest 1915-S Panama-Pacific International Exposition 5 coin set known.

The historic coins and accompanying documents related to the famous 1915 exposition will be exhibited by Steven L. Contursi of Rare Coin Wholesalers of Dana Point, California.

The display includes the original Shreve & Co. copper and glass frame and original box that housed the coins when they were sold. In addition a $200 invoice to a buyer in Kansas dated July 29, 1915, signed by Farran Zerbe, chief of the Coin and Medal Department for the Panama-Pacific International Exposition, along with the June 8, 1940, signed letter and $575 invoice from Texas dealer, B. Max Mehl, who resold the set to a Los Angeles buyer.

The coins in the set in the exhibit are certified by Numismatic Guaranty Corporation as follows:

• 1915-S silver half dollar, NGC Mint State 66
• 1915-S gold dollar, NGC MS-67
• 1915-S gold $2.50 quarter eagle, NGC MS-67
• 1915-S gold $50 octagonal coin, NGC MS-65
• 1915-S gold $50 round coin, NGC MS-67

“The octagonal $50 denomination gold coin is one of five superb condition Panama-Pacific gold and silver San Francisco Mint coins that were registered by Panama-Pacific officials as the sixth of only 24 complete coin sets produced for the event in 1915,” said Ronald J. Gillio, Expo General Chairman. “The ‘Pan-Pac’ set that will be displayed at the show includes the original $200 invoice, but the coins and their original copper and glass frame are valued today at about $700,000.” (more…)

Pattern coins and the precious metals markets are the topics of the next two, free Professional Numismatists Guild (PNG) “Share the Knowledge” educational seminars. They will be conducted, respectively, by PNG member-dealers Andy Lustig and Richard Nachbar at the Central States Numismatic Society convention (CSNS) in April and at the Long Beach Coin, Stamp & Collectibles Expo in May.

A complimentary light lunch will be available for audience members at both PNG seminars.

Lustig of Nyack, New York is a co-founder of The Society of U.S. Pattern Collectors. He will present “Collecting Pattern Coinage” starting at 11 a.m. on Friday, April 18, 2008 in room 42 of the Donald E. Stephens Convention Center, 5555 N. River Rd., Rosemont, Illinois, the site of the 69th Annual CSNS Convention.

“Patterns are some of the rarest coins struck by the United States Mint. The series has more than 2,000 different prototypes for American coinage including patterns, die trials and experimental pieces. This half hour seminar will provide an overview of the series, historical background, collecting strategies and a superb slide show of great rarities,” Lustig said.

The annual spring PNG Day will be held in conjunction with the CSNS show on Wednesday, April 16. Collectors may obtain free, printed PNG Day invitations from PNG member-dealers. An online membership directory is available at www.PNGdealers.com, or call PNG Executive Director Robert Brueggeman at (760) 728-1300. (more…)

Douglas Winter Market Report – Baltimore and Pheonix

I love the Baltimore show. Unlike some conventions that feel like they are in a death spiral, you can clearly sense that this show is fresh, healthy and on the upswing. And this year’s first edition was excellent.

The only negative about this show, at least for me, is the epic day-long schlep that entails getting to Baltimore from Portland. If anyone reading this would like to exchange trips on their private jet for U.S. gold coins please feel free to propose a trade immediately.

I spent two full working days in Baltimore. The first, a Thursday, was essentially a wholesale-only day. As you will probably guess, the usual “it was hard to buy and easy to sell” mantra held to form. Except that this time it was exceedingly hard to buy and really easy to sell. Every dealer I chatted with, even those with reputations for exageration, confirmed this. In the world of nice, interesting coins it’s as dry as the Mojave on the bourse floor!

My second day, a Friday, was more of a retail day. From the opening of the show until the end of the day I had a constant stream of serious buyers at my table. Most walked away with a new purchase or two and most seemed very enthusiastic about the show. (more…)