Important News! CoinLink has merged..... Visit our NEW Site www.CoinWeek.com

BREAKING NEWS:....... Vist Our NEW Site at CoinWeek.com

All Posts Tagged With: "Simpson Collection"

Heritage’s Upcoming Long Beach Coin Auction Highlights

The recently discovered Bullock specimen of the 1856-O double eagle, graded XF45+ by NGC, has already generating buzz in the numismatic community as the principal draw at the upcoming Heritage Auction’s U.S. Coin Auction, to be held Sept. 23-26 in Long Beach, CA.

The Bullock 1856-O double eagle is an incredible coin with an even more incredible story. After it was pulled from circulation by James Bullock, a Kentucky farmer, it spent more than 80 years in an Ohio family’s holdings. It was utterly unknown to collectors until John W. McCloskey was asked to examine it earlier this year. McCloskey went through an extensive verification process to reassure himself that this was a genuine 1856-O double eagle, the rarest and most famous gold coin struck at New Orleans. Fewer than two dozen examples are available to collectors, even after the discovery of the Bullock specimen. It is estimated at $300,000+. This is the first time it will be offered at auction.

Another golden treasure from the Old West is expected to bring $60,000+ and is the most important coin in The Dr. Mani and Kay Ehteshami Collection: The Single finest 1891-CC eagle.

“Even in the 21st century, the allure of the Old West remains powerful, and coins from the Carson City Mint are among the most evocative of that time,” said Greg Rohan, President of Heritage. “The Carson City Mint started striking coins in 1870, just six years after Nevada achieved statehood. It was effectively a frontier operation, and keeping it open was a constant struggle. Its minting operations were shut down from 1885 to 1889 and closed for good in 1893.”

The Carson City Mint struck silver and gold coinage. It is most famous for its largest coins, such as silver dollars and ten dollar and twenty dollar gold pieces, otherwise known as “eagles” and “double eagles.”

“Carson City had its highest production of $10 gold pieces in 1891, when just more than 100,000 pieces were struck,” said Rohan. “It never had a six-figure mintage for that denomination before or after. Many examples have survived, including a number of Mint State coins, but at MS65, the Ehteshami example is the best-preserved of all.”

Not only is the Ehteshami example the single finest example of the 1891-CC $10 issue, it is one of just three Carson City $10 coins graded MS65 or better, regardless of date. The others are dated 1874-CC and 1882-CC. While a high mintage or survival rate can create a supply of Mint State coins, the existence of a superior Mint State coin, such as an MS65, is far more random. The rough conditions of Carson City at the time make such a coin’s existence all the more remarkable.

“Careful preservation and the purest chance made the Ehteshami example what it is, and the world of Carson City coin collecting is the better for it,” said Rohan. “Our cataloger called it ‘the 1891-CC eagle that all others wish they could be.’ More than that, it is the 1891-CC eagle that all Carson City collectors wish they could own, but there can be only one winning bidder.” (more…)

Legend Numismatics acquires the Denali Collection of Patterns and more..

By Laura Sperber as part of the Legend Market Report

Legend has acquired the Denali Collection of Patterns. One of the most comprehensive collections of 2C, 3C, 20C pieces along with 1870 pieces. While we do know of several incredible Pattern collections out there, none are of the scope or size (this collection is OVER 350 pieces). There are many R-7/R-8’s (with the only other coin being in the Simpson Collection). We rank this multimillion dollar Collection second only to our Simpson Collection.

This collection was assembled by a long time friend and customer of Legend. Ironically, he built this collection before we ever started dabbling in Patterns!

The collector is also a true scholar. In fact, since we started working on the acquisition of this set, we have learned MANY things about certain Patterns from him we never knew (like how the Mint tested dipping one side of a coin in silver, or how it made some dies, etc).

There are some monster wicked cool coins we never knew existed even though they are in the Judd book -like 793A, a 2C piece obverse with a 25C Standard silver reverse. WOW! We could go on and on.

ALL of the coins in this incredible collection are graded by PCGS. Grades range from VG 08 to PR67! Due to time restraints, we are hoping to have the coins inventoried by the end of the month (we have another major deal incoming). Our goal is to offer some coins starting at or immediately after the ANA Show.

If you have a Pattern Want list, make sure we have it, or subscribe to our email blasts (we are NOT spammers) to find out when these coins will be available. in many cases, this will be your ONLY chance to acquire a certain Judd number.

THE SIMPSON COLLECTION DUPLICATES-THE HERITAGE SALE

As you may know, Legend is the exclusive dealer for the Simpson Collection. This collection already ranks as one of the greatest EVER assembled. So we’d like to let you know whats happening with the collection.

Legend did indeed place a multimillion dollar consignment of coins from the this incredible collection in the ANA sale. No, Mr. Simpson is not slowing down or selling (you’ll certainly see that by the next few major announcements we’ll make). He actually needed more room! He is building so many sets that his boxes become cluttered. So he allowed us to outright buy a few coins, but his desire was that his duplicates be placed in auction so other collectors have the opportunity to finish their sets. The majority of the coins are UNRESERVED. We can assure you, the quality is all there and then some. His standards are amazingly high. Legend did sell him the majority of what is in the sale. So if you have any questions, please feel free to ask us about any coin. (more…)

Simpson Collection of Bickford $10 Pattern Coins to be displayed at Boston ANA

A complete set of 1874 Bickford $10 Pattern coins will be exhibited at the American Numismatic Associations Boston Money Show August 11-14th. 

The set is part of perhaps the most complete collection of US pattern coins ever assembled and include all seven of the  variations attributed according to Judd numbers (US Pattern Coins, Experimental & Trial Pieces by J. Hewitt Judd, Edited by Q. David Bowers), include Judd-1373, one of just two known examples struck in gold.

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.

The coins in the collection include the following:

The Bickford pattern ten dollar gold pieces, Judd-1373, were not known to numismatists of the 19th century. The design was struck in copper, aluminum, and nickel compositions, as well as gold, with both plain and reeded edges. Examples of the design in copper appeared in various auction catalogs of the period, but even the greatest pattern collections of the era did not include an example of Judd-1373. Robert Coulton Davis published the first important work on U.S. pattern coins in the Coin Collector’s Journal in 1885, where he described both plain and reeded edge varieties of the design in copper, but he was unaware of the strikings in other metals. (more…)

The Finest $10 Indian Head Eagle Gold Coin Registry Set: The Simpson Collection

The all-time finest set of Indian Head Eagles was among the first coins certified under the new PCGS Secure Plus (http://www.pcgs.com/secureplus.html) system.

Known as “The Simpson Collection” and now added to the popular PCGS Set RegistrySM, the 32-coin set was assembled with the help of Laura Sperber of Legend Numismatics of Lincroft, New Jersey.

The set includes 18 of the finest known gem mint condition examples of their date and mint with none graded higher. Eleven of those are unique in their top grade including a 1920-S graded PCGS MS67+, the owner’s personal favorite coin in the set.

The set was displayed at the Professional Coin Grading Service booth during the American Numismatic Association National Money Show™ in Fort Worth, Texas, March 25 – 27, 2010. The revolutionary new PCGS Secure Plus system was formally announced there on the first day of the show by David Hall, PCGS Co-Founder and Collectors Universe, Inc. President, and Don Willis, PCGS President.

“This is the finest $10 Indian set ever assembled,” said David Hall – Co-Founder of PCGS. “The quality and originality of the set are unsurpassed in numismatic history. In my opinion, the 1920-S is the most important $10 Indian in existence.”

The Simpson collection is ranked in the PCGS Set Registry as the All-Time Finest set of gold Indian Head $10 circulation strikes, 1907- 1933 (http://www.pcgs.com/setregistry/alltimeset.aspx?s=71313). It has a weighted grade point average of 66.335 and is 100 percent complete.

“We couldn’t have asked for a better inaugural set to be submitted through PCGS Secure Plus. Thirteen of the coins received the ‘+’ designation. Our entire team was blown away by the quality of these coins,” said Willis. (more…)