The February 2016 Greater Atlanta Coin show fell on Valentine's Day, but the bourse still enjoyed a full complement of dealers with their showcases filled with numismatics and visitors enjoying the displays.
Thank you to all the people that helped make the coin show a busy, successful and fun place to be - from the dealers to the visiting public to the hotel's staff to our security - thank you one and all.
The day, weather-wise, was a normal metro Atlanta February day with morning temperatures in the 20s increasing to the 40s during the day under mostly cloudy skies.
The bourse, though, didn't let the cooler weather outside hamper the activity inside.
This month, we had a couple of new dealers with their displays -thank you for joining us.
As for the hotel, it was busy too.
Churches held services in some of their space, while cheerleaders stayed at the hotel before traveling to a nearby competition.
The show helped make the hotel busy, too.
We enjoyed seeing the "regulars," the every-once-in-awhile visitors and the many new people that visited this month.
Several visitors brought items to find out their current worth.
Some visitors came to buy, others to sell.
Some came to browse to see if they could find a special treasure, either one to fill a space in their collection or one that they didn't know they wanted but caught their fancy.
Let's take a virtual look at a few of the coins seen on the bourse in denominational order.
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Greater Atlanta Coin Show
2021, our 34th year of monthly coin shows
Coin Show - Monthly Notes from February 2016
About Uncirculated: Small traces of wear are visible on highest points. AU-58 - Very Choice - Has some signs of abrasion: high points of hair and in front of ear; diagonal bands on fasces
As an AU-58, this coin is not the most expensive of the 1916D dimes, but it is a beautiful example and still commands a good four-digit value.
Moving back in time and up in face value, the next coin is a 1799 silver dollar coin in an ANACS F12 holder.
With only one location, and it still relatively new, the Mint produced just under 425,000 of the 1799 Draped Bust with Heraldic Eagle reverse silver dollar coins.
First, a small cent from 1909 was on display with the coveted "S" mint mark and the V. D. B. initials. PCGS graded this coin as an MS-65 BN.
The Red Book shows the US Mint produced less than 500,000 of the 1909S-VDB coins, and those in the higher grades enjoy values in the four-digit range.
Per the ANA Grading guide for the Lincoln small cents, an MS-65 is defined as:
No trace of wear; nearly as perfect as MS-67 except for some small blemishes. Has full mint luster but may be unevenly toned or lightly fingermarked. A few minor nicks or marks may be present.
The "BN" designates this coin's copper color as brown rather than "RD" (red) or "RB" (red and brown).
Very simply, this coin demonstrated the beauty of the coveted "S-VDB" Lincoln cent from 1909.
The next coin on our list is another PCGS slabbed coin. This one is a 1937D buffalo nickel with the distinction being a VF-35 graded three-legged variety.
For the VF-35 grade, the ANA Standards show:
Surfaces show light overall wear with minor blemishes. May have one or two small rim nicks. All details show clearly.
The US Mint produced the buffalo nickels from 1913 through 1938. In 1937, they struck over 100 million of the coins with just under 18 million in Denver.
Unfortunately, they do not provide a population for the three-legged buffalo coins out of Denver's roughly 18 million coins.
Though the population is unknown, the three-legged variety's values start in the mid-$500s for the low "Good" grades and in the $5000 to $10,000 range in the higher grades.
Next on our review is a 1916D dime graded as AU-58 by NGC.
In that year, the US Mint kept busy with their dime production. It was the last year of the Barber dime, which they struck in Philadelphia and San Francisco.
It was also the first year of the Winged Liberty of Mercury dime, which they produced in Philadelphia, Denver and San Francisco.
Though the Mint made over 30 million of the Mercury dimes, Denver produced less than 300,000.
The 1916D Mercury dime ranges from the low four-digits at the "Good" end of the grading scale to the mid five-digits at the upper end of the scale.
The ANA Grading Standards shows for the AU-58, in particular, the Mercury dime:
And, being relatively young in their processes and procedures, the Mint made several different varieties of the coins with different date versions and number of stars and their positions.
For this coin, the ANA Standards defines the F-12 grade as:
Fine-Moderate to heavy even wear. Entire design is clear and bold.
F-12-Obverse: Some details show in hair ends, curls, and at left of ear. Date, all letters, and stars are visible. The eye and ear are clear. Bust is worn with a few drapery lines remaining. Reverse: Half the feathers are visible in the wings. Breast and head are smooth. Letters in legend are worn but clear. Clouds and top of shield show considerable wear.
Think about it though, the coin is 217 years old, and for at least part of the time it circulated.
It's actually surprising the coin is not valued greater than the low four-digit range for its age, population and grade.
The next coin, another silver dollar, was produced in Carson City in 1879, the second year of the Morgan dollar production.
Though the US Mint made over 25 million of the 1879 silver dollars, the Carson City location struck less than 800,000 of the coins.
PCGS graded the coin seen at the show as AU-50.
The ANA Standards show for the Morgan Dollar AU-50:
About Uncirculated: Small traces of wear are visible on highest points. AU-50 - Typical - Obverse: Traces of wear show on hair above eye, ear, edges of cotton leaves, and high upper fold of cap. Partial detail is visible on tops of cotton bolls. Luster is gone from cheek. Reverse: There are traces of wear on breast, tops of legs, wing tips and talons. Surface: Three-quarters of the mint luster is still present. Surface abrasions and bagmarks are more noticeable than for AU-55.
For the 1879CC Morgan, the Red Book notes two varieties, one as CC over CC and the other as Clear CC.
In both cases their values start in the low to mid three-digit range for the low grades and go to the mid five-digit range for the high grades.
The next coin, another Morgan dollar, comes from the Philadelphia Mint in 1893.
The US Mint locations of Philadelphia, Carson City, New Orleans and San Francisco produced just under 1.5 million of the 1893 silver dollars.
Carson City produced the most at just under 700,000 with Philadelphia producing under 400,000, New Orleans 300,000 and San Francisco 100,000.
Oddly, though, the Philadelphia minted coins are less desirable value-wise than the coins from the other three locations.
NGC graded this particular coin as MS-62.
The last coin for this month was another NGC graded Morgan silver dollar as an MS-64 from 1904 and the New Orleans mint.
That year, the Philadelphia, New Orleans and San Francisco mint locations produced a total of just under nine million silver dollars.
A few of the higher grades from Philadelphia and several of them from San Francisco can bring mid four-digit to low five-digit values.
The New Orleans minted silver dollars from 1904 are valued in the double digits to the low three-digits.
Not an expensive coin in comparison to others in our list, but a fine example of George Morgan's design and a pretty silver dollar coin.
That completes the virtual tour for this month and is but a small sampling of the many numismatics found around the bourse.
Next month, the dealers with their wide variety of interests will fill their displays with coins, currency, bullion and other collectibles from ancient to modern.
Mark your calendars for the next Greater Atlanta Coin Show on Sunday, March 13, 2016 in the Joe Mack Wilson Ballroom.