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Coin Show
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Greater Atlanta Coin Show
2017, our 30th year of monthly coin shows

Coin Show - Monthly Notes from August 2017

 
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That's the tour for this month.

Next month, the bourse will again provide a broad cross section of coins, currency, bullion and other collectibles  for
visitors to view, buy, sell or trade with the dealers.

Join us on Sunday, September 10, 2017, for the next Greater Atlanta Coin Show.

Next Monthly Coin Show

The August 2017 Greater Atlanta Coin Show enjoyed a beautiful day outside and a fun-packed
bourse inside with lots of visitors wandering the aisles to view, buy, sell and trade among the many
collectibles on display.

Some of our early morning visitors may have had difficulty finding a parking space due to the
overnight guests from three (count 'em, three) weddings at the hotel the night before.

By the end of the day, however, the parking lot was almost a ghost town.

Generally, August in Hotlanta is almost unbearably hot and humid. For this show, the weather
provided warm but bearable high-80s for the temperatures under sunshine and clouds.

Inside, the coin show was busy, not quite as busy as the July show, with new and returning visitors
interested in talking with the dealers and viewing their displays.

Many of our regular dealers set up for this show while we also had a few visiting dealers with their
collectibles on display as well.

As always, we thank all of the people - visitors, dealers, security and hotel staff - for making the coin
show a busy and interesting place to spend an hour or two or three or...
Of course, with the metals' prices bumping up and down, people also came to look for bullion - coins, rounds and bars.

By the way, have you heard of a ferroequinologist?

One of the gentlemen at the show offered a business card with that as his title.

Think about it a minute.

From the periodic tables, "ferro" is another term for iron while "equin[e]" is horse and "ology" is the study of.

Now, every dictionary may not show that term, but many online references do.

In summary, a ferroequinologist enjoys trains and railroads.

How's that for the "learn something new every day" adage?
Now, for a small view into the bourse.

Each month the bourse offers a wide variety of numismatics from ancient to colonial to modern day, foreign and domestic,
metal and paper, highly valuable and modestly priced, but it also offers other collectibles, too.

This month, let's start the brief tour with a non-numismatic item that could prove interesting to ferroequinologists.

This collectible model train is a pre-war Lionel Train with engine 259E.

From the Lionel website:

"During the Great Depression, Lionel's sales and profits slumped, and 1931 was its first year in the red. Ironically,
as times grew tougher, the company introduced its greatest standard-gauge steam locomotive, the No. 400E,
whose $42.50 price was beyond the means of most families.

"In 1934, financial troubles led Lionel into court-ordered receivership to stave off bankruptcy.

"That year the company's fortunes were boosted by the debut of the wildly popular Mickey and Minnie handcar, a
$1 windup toy. Lionel showed profits again in 1935, and the receivership was discharged. It also marked the
ascendancy of affordable O gauge over the more expensive standard gauge, which was discontinued in 1939.

"Lionel benefited financially from defense production during World War II, but toy train production was put on hold.
So boys (and their dads) were encouraged to 'plan your postwar railroad' in Lionel's Model Builder magazine and
Railroad Planning Book."

Pre-WWII Lionel Train


One online train enthusiast website noted for the 259E: "The first issue was 1933-1934 in Gloss Black, also made 1936-
1938, and additionally in 1939-1940.  Some, but not all 1934 issues had a misspelled Gauge on the bottom pickup as
GUAGE, which would definitely put it at 1934.   1936 issue were Satin Black; also in Gunmetal Gray.  The 1937
'uncatalogued' issue was Flat Black."

This particular train appears to have its original paint and could be the "flat black" issue of the 1930s.

It's wear and patina makes one wonder about who enjoyed this train and the pleasurable times it provided through the
years.

For the ferroequinologists, the Olsen Toy website provides interesting diagrams for the Lionel 259E and its tender.
Pre-WWII Lionel Train

1833 Capped Bust Quarter Dollar Coin

1833 Capped Bust Quarter Dollar Coin obverse
1833 Capped Bust Quarter Dollar Coin reverse
Next is a numismatic collectible from 1833, a capped bust
quarter dollar coin graded by PCGS as AU58.

The draped bust quarter dollar ended in 1807. After several
years of not striking quarters, the Mint began the Capped Bust
quarter in 1815.

At that time, the diameter of the 1815 quarter remained at
27mm, slightly larger than today's circulating dollar coins.

In 1831, the diameter of the quarter dollar reduced to 24.3mm,
the same size as today's quarter coins.

In addition, the Mint removed the "E Pluribus Unum" motto
from the reverse of the coin.

The ANA Grading Standards lists for the About Uncirculated,
AU-58, Very Choice Capped Bust quarter dollar:

"Has some signs of abrasion: top of cap, stars and hair above
ear and at forehead; eagle's claws, arrows and edges of
wings."

Q. David Bowers, quoted on the PCGS website, commented:

"The type collector has their choice of any date from 1831 to
1838, as all are priced approximately the same in the market,
although certain dates, 1835 in particular, are more plentiful
than others.

"Examples are readily found in grades from Very Good
through Extremely Fine. AU and Uncirculated pieces, though
more expensive, should pose no problem if one wishes to
acquire one.

"Superb Uncirculated pieces, like all early 19th century issues,
are rare and costly."

Though not a "Mint State (MS)" graded coin, this specimen is
a fine example of 1833 Capped Bust Quarter Dollar coins.

1935 D/D Indian Head Five Cent Coin

1935 D/D Indian Head Five Cent Coin obverse
The next coin is a variety of the Indian Head or Buffalo nickel
coin minted in 1935 at the Denver mint. PCGS graded this
five-cent coin as MS-64.

On the PCGS website , they show they have graded 33 coins
of this particular variety with only three of them in Mint State
with one each graded to be in MS-62, MS-63 and MS-64
condition.

In other words, this specimen is the highest grade by PCGS
for this doubled variety.

In the Cherrypickers' Guide for the FS-502 (018.5) 1935D five-
cent coin, the description reads:

"This is, without a doubt, one of the nicer re-punched
mintmarks of this series. There are at least four mintmark
punches, with two to the west and one to the east of the
primary mintmark."

Question: how did the Mint strike this coin's mintmark four
different times without dramatically changing the main design?

2017 225th Anniversary Enhanced Uncirculated Coin Set

Next on the tour is a recent modern collectible from
the US Mint.

Coinciding with the early August ANA coin show, the
Mint released a special edition uncirculated coin set.

Normally, uncirculated coin sets, popularly known as
mint sets, contain two of each of the coins, one
complete set from the Philadelphia mint and one set
from the Denver mint.

In their press release, the US Mint described this
special set as:

"Struck in celebration of the Mint’s 225th anniversary,
this set contains 10 coins with an enhanced
uncirculated finish featuring a combination of laser-
frosted areas and an unpolished field that
accentuates design details.

"The process creates a unique contrast distinctly
different from the mirror-like finish of proof coins.

"Each coin bears the 'S' mint mark of the United
States Mint at San Francisco."

The set of 2017 coins contained the five America the
Beautiful quarters, one Native American dollar coin,
one Kennedy half dollar, one Roosevelt dime, one
Jefferson nickel and one Lincoln cent.

In addition, the US Mint noted, "The coins are
presented in two coin lenses-five coins per lens-and
packaged in a black matte box with a Certificate of
Authenticity. Mintage for this set is limited to 225,000
units."

Only a week or so after initial sales, this set made its
way to the August bourse.

From overheard comments, people are not sure they
like this set's laser-frosted finish and its proof-like
mintmark and packaging.

Time will tell if this collectible holds interest and value
in the numismatic marketplace.
2017 225th Anniversary Enhanced Uncirculated Coin Set package
2017 225th Anniversary Enhanced Uncirculated Coin Set coin lenses

2017 American Liberty 225th Anniversary Silver Medal

2017 American Liberty 225th Anniversary Silver Medal package
2017 American Liberty 225th Anniversary Silver Medal
The US Mint also produced the next item in celebration of their 225th
anniversary, however it is a medal rather than a coin.

From their press release earlier in the year:

"The Mint is issuing this one-ounce proof medal in celebration of its
225th anniversary this year.

"Struck in 99.9 percent silver at the Philadelphia Mint, it is the medallic
counterpart to the gold coin released earlier this year featuring a modern
rendition of Liberty.

"The obverse (heads) depicts a profile of Liberty wearing a crown of
stars with the inscriptions 'LIBERTY,' '1792,' and '2017.'

"The reverse (tails) depicts a bold and powerful eagle in flight, with eyes
toward opportunity and a determination to attain it, with the inscription
'UNITED STATES OF AMERICA.'

"Each medal is hand packaged in an exquisite, black matte finish
presentation case and is accompanied by a companion booklet
detailing the evolution of our Nation’s symbol."

In addition, the US Mint added on their product page:

"Emblematic figures of liberty have graced US coins and medals since
the founding of the United States Mint 225 years ago.

"Our newest Liberty features a modern rendition of this iconic figure and
embodies the ideals of freedom and equality first set forth in our
Declaration of Independence."

Available since June, this specimen is one of the first seen on the
Greater Atlanta Coin Show's bourse.

1860s Citizens Bank of Louisiana "Dix" Note

The next and the last item on our virtual tour is a collectible obsolete currency called the "Dix" note from Louisiana.

The Federal Reserve Bank of Atlanta's website describes the note as:

"Louisiana’s banking laws were sound, and the state’s bank notes were respected. 'Dix notes' from the Citizens Bank of
Louisiana were widely known. The $10 notes used the French word for ten, 'dix,' on the back. These popular dix notes may
have led to the term 'Dixieland.'"
This particular note has a reference number of Haxby
15-G26a. James Haxby compiled a Standard
Catalog of United States Obsolete Bank Notes 1782-
1866.

The 15-G26a is widely recognized as the "Dix" note.

Another website for Shipley's Currency describes the
Haxby 15-G26a:

- No serial #. Remainder.

- Central vignette of the U.S.S. Adriatic at sea
surrounded by other ships.

- Red/orange "BANQUE DES LA LOUISIANA & DES
CITOYENS" (Citizens Bank of Louisiana-French)
coupled with "DIX" (TEN) and "NEW ORLEANS"
upon very ornate back.

- This note cost a good sum of money to produce in
its day due to the enormous quantity of red ink
utilized. I would imagine the skill required to engrave
and print the note was not inexpensive as well. One of
the most famous and beautiful obsolete bank notes
extant.

- Well grounded opinion is that the word "DIX" upon
the back of this very note gave rise to the use of the
term "Dixie" as the nickname for the Southern United
States.
- Simply an incredible work of art and produced by the National Bank Note Company.

- Cherished by many for it's extremely intricate, geometric design work and color. I could not fathom anything remotely close
to this being produced today. Razor sharp corners and superb trim.

- The "Dix" was printed upon high quality paper which contained purple, blue and non colored fiber.

- A classic case wherein the note looks much brighter and more colorful in person than in the scan.

- On occasion, the Dix is seen housed in a PMG or PCGS Unc 64 or 65 holder; although very rarely encountered bearing an
assigned grade of Gem Uncirculated 66.

- If you seek the very best, you need look no further. Simply an incredible work of art and of unquestionable quality.

Oh, if only this note could tell the tales of its travels around the "Dixieland" of the 19th century.
1860s Citizens Bank of Louisiana "Dix" Note obverse
1860s Citizens Bank of Louisiana "Dix" Note reverse