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All Posts Tagged With: "Sunnywood"

Legend Numismatics Sells The Sunnywood Toned Morgan Dollar Coin Collection

Legend Numismatics, a coin dealer specializing in high-quality, rare U.S. coinage, announced the sale of the entire Sunnywood “Somewhere Over the Rainbow” Toned Morgan Dollar Collection to a private collector who wishes to remain anonymous. Financial details were not released, but Legend spokesperson Laura Sperber acknowledged that it was a “multi-million dollar transaction” and that the collection was sold intact.

DouglasKurz_120909The Sunnywood Collection (Circulation Strikes from 1878-1921 including three important varieties) was painstakingly assembled over a period of several years by Douglas Kurz, a long-time collector who is a successful businessman and former concert pianist. Bucking the market trend of preference for “white” Morgan Dollars, he decided to put together a complete set of Morgans with “attractive, original color, at least on the obverse.”

Prominently featured in the PCGS Set RegistrySM (www.PCGS.com/SetRegistry), the Sunnywood Collection, consisting exclusively of PCGS-graded coins, gained additional notoriety at the January 2009 FUN Show, the February and May 2009 Long Beach Expos, and in advertisements in Coin World and other numismatic publications.

One interesting point is that the most attractive pieces in terms of color and eye appeal are not necessarily the highest-graded pieces. Sunnywood strikes a balance between color and technical grade, so Set Registry ranking has sometimes been sacrificed for the sake of overall eye appeal.

Many collectors consider the Sunnywood Collection to be the finest set of toned Morgans ever assembled.

The collection includes many early common dates (between 1878 and 1888) and some later dates (such as 1896, 1899-O and 1904-O) that can be found with dramatic and vibrant multi-colored mint-bag toning. There are many dates, however, that simply do not exist with colorful toning. Those dates were sought instead with attractive original patination (the 1900-S and 1901-S are good examples).

Laura Sperber Comments:

In my mind, this is one collection that should not even exist. When Doug originally approached me about building the set with him, I did not think an all-colored Morgan set that nice was even possible to build. Point blank, I told him not to do it.

As time went on, I watched Doug work on the project. He was gracious enough to let Legend help him add a coin or two to this magnificent set. (more…)