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All Posts Tagged With: "Bob Simpson"

Unique 1943 Bronze Cents Set To Be Displayed at the FUN Show

The first-ever public display of the one-of-a-kind set of 1943 bronze Lincoln cents from the Denver, Philadelphia and San Francisco Mints will be hosted by Professional Coin Grading Service and Legend Numismatics, Inc. during the first three days of the Florida United Numismatists convention in Tampa, Florida, January 6, 7 and 8, 2011.

The unprecedented exhibit marks the first time the complete set has been included in the PCGS Set RegistrySM. It also marks the fulfillment of a boyhood dream of the collector who owns the coins, Texas business executive Bob R. Simpson, Co-Chairman of the Texas Rangers baseball club.

“A total of nine off-metal World War II-era Lincoln cents from Mr. Simpson’s collection will be displayed at the PCGS booth (#102) at the FUN convention,” said Don Willis, President of PCGS, a division of Collectors Universe, Inc. (NASDAQ:). “There’s the unique set of three 1943 bronze-planchet cents, a set of three 1944 cents on zinc-coated steel planchets, and three wartime Lincoln cents erroneously struck on silver planchets apparently intended for the production of dimes.”

Simpson wanted to own a 1943 bronze cent error since he was a teenager, and now owns the only-known 1943-D bronze cent as well as other wrong-planchet, wartime cents. All will be exhibited at FUN.

Zinc-coated steel was used for producing cents in 1943 to conserve copper for other uses during World War II, but a small number of coins were mistakenly struck on bronze planchets left over from 1942. In 1944 the Mint resumed use of copper for cent production using recycled ammunition shell cases; however, a small number were mistakenly struck on zinc-coated steel planchets intended for use only on 1943-dated cents.

“Mr. Simpson is the first collector to ever assemble a complete P-D-S set of bronze-planchet 1943 Lincoln cents,” said Laura Sperber, President of Legend Numismatics. “When he recently saw all three coins together for the first time, he said, ‘This is incredible!’ Now, he’s graciously agreed to publicly display them.”

Sperber said that when he was a youngster, Simpson thought he’d actually found a 1943 copper cent in circulation. “But it was not authentic. He still has that in his desk drawer.”

The unique 1943-D bronze cent was purchased by Simpson in September for a record $1.7 million through Legend Numismatics after four years of negotiations with the coin’s anonymous former owner who donated all the proceeds to charity. It is the highest price ever paid for a United States cent.

“It was always special to buy each coin for this set, and until I had all the coins together I just did not realize how important and unreal this project really was! I’m as excited as any collector can be to see this amazing display,” Sperber said.

“Not only is Mr. Simpson’s Set of Off-Metal Cents the All-Time-Finest, it’s the absolute finest possible given the scarcity of the coins,” said BJ Searls, PCGS Set Registry Manager. “Photos of Mr. Simpson’s 1943 bronze and 1944 steel cents can be viewed online in the PCGS Set Registry for ‘Lincoln Cents Off-Metal Strikes, Circulation Strikes (1943-1944)’. The one-of-a-kind complete set has a weighted grade point average of 62.89.” (more…)

Phenomenal Simpson Collection of United States Pattern Coins Helps NGC Launch Plus Designation

Many of the coins from this superb collection have received NGC’s new Plus Designation.

Followers of the numismatic scene have already learned of the fabulous Simpson Collection of United States pattern coins, but one remarkable numismatist is a connoisseur of other series, as well. He possesses superb holdings of nearly all United States coin series spanning the period from the 1830s to the 1930s, most of which have been graded and certified by NGC.

Many Simpson Collection coins have received the new Plus () Designation from NGC. Launched on May 25, 2010, the is used to identify coins at the high end of their assigned grade, approaching the quality requirements for the next grade. This new NGC service offering is heralded with the placement of the important Simpson Collection coins on the NGC Registry. Now updated to accommodate graded coins, the NGC Registry is the go-to place to find the rarest and most beautiful coins from around the world. The addition of the Simpson Collection sets only confirms this trend, and users of the NGC Registry will be able to view these remarkable coins for themselves in glorious color.

Texan Bob Simpson is the ultimate numismatic connoisseur, desiring only those coins that meet his exacting standards. He knows what he wants, and nothing less will do. Facilitating his efforts is his longtime numismatic consultant, Laura Sperber of Legend Numismatics. The old saying, “Know your coins or know your dealer” is particularly apt, as Mr. Simpson knows both, and this relationship has paid off with an epic collection of coins that compares favorably with the great named collections of the past.

Mr. Simpson’s premier passion is United States pattern and trial coins, and his collection of these is unparalleled. Comprising most of the entries found in Dr. J. Hewitt Judd’s standard reference work, United States Pattern Coins, now in its 10th edition, the Simpson Collection is the greatest assemblage of such coins since Judd’s own collection was dispersed some 50 years ago.

Among its amazing highlights is a complete set of the highly coveted stellas, or four-dollar pieces, complete in all types, dates and metals. While perhaps less known to most collectors, his array of early US Mint patterns is of the greatest historic value and rarity. These coins include 1792-dated pieces such as the silver-center cent (J-1), the even more rare example of this coin without a silver center (J-2), the most popular of early federal patterns — the HALF DISME (J-7) and the exceedingly rare DISME in all three varieties (J-9,-10,-11).

Also included are both uniface impressions of Joseph Wright’s famed quarter dollar pattern (J-A1792-1,-2). These coins are seldom offered for sale, as their owners are typically devoted numismatists who cherish their immense historical importance. Such a figure is Bob Simpson. (more…)