The June 2015 Greater Atlanta Coin Show enjoyed a busy bourse, and we thank you all for coming.
Outside, the day was warm - low 90s - and mostly clear with some clouds throughout the day.
Inside, the coin dealers filled the bourse with their showcases containing numismatic treasures from ancient to modern coins, American and foreign coins along with bullion collectibles.
People could also find paper collectibles from bank notes to stock certificates to other money-related ephemera.
But let's take a few moments with a virtual look at a few of the coins on the June bourse.
First, one dealer displayed a Morgan dollar minted in San Francisco in 1881 and professionally graded by NGC (Numismatic Guaranty Corporation) as a mint state 68.
Per the ANA Grading Standards for the MS-68 Morgan dollar:
Contact Marks - 3 or 4 miniscule, none in prime focal areas
Hairlines - None visible
Luster - Attractive, fully original
Eye appeal - Exceptional
In 1881, the mint produced just under 28 million of the Morgan dollars. Of those, the San Francisco mint produced not quite half.
However, an MS-68 1881-S Morgan dollar is very rare, not for the mintage numbers, but moreso because of how the handling of the $1000 bags of coins resulted in abrasions on most of the dollars.
To find one with original luster and minimal damage is rare indeed.
Next, another coin on the bourse was an 1836 reeded edge half dollar graded EF-45 (or as some say, XF-45).
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Coin Show - Monthly Notes from June 2015
As a result, the 1893-S is one of the key coins in the Morgan dollar series, and even the lower grades for the key date coins are valuable.
Being valuable, people attempt to counterfeit this coin by modifying the mint mark. It's important to be cautious with any 1893-S Morgan dollar.
Our last coin to highlight for the June coin show is another Morgan dollar. This coin certified by PCGS (Professional Coin Grading Service) as MS-64 was struck in New Orleans in 1889.
The ANA Grading Standard defines the Morgan dollar MS-64 as:
The EF-45 known as Choice Extremely Fine shows only very light wear only on the highest points.
Per the ANA Grading Standards for this specific coin:
Obverse: Slight wear shows on high points of cap, and hair above eye and over the ear. Drapery is worn at shoulder and bust line. Trace of wear shows on lowest curl. Star detals are full.
Reverse: High points of wings, head, talons, shield and arrowheads are lightly worn. Lines in feathers are clearly defined.
Surface: Some of the mint luster is still present.
Though there were over 6.5 million 1836 half dollars minted, the mint produced only 1200 (approximately) of the capped bust, reeded edge variety that year.
Staying with the half dollar denomination, the next coin to highlight was the 1938-D Walking Liberty coin with the grade of MS-65+.
In 1938, the mint produced less than five million of the coins, and the Denver mint struck less than 500,000 of the total.
Per the ANA, the MS-65 Walking Liberty half dollar has:
Contact Marks - Light and scattered without major distracting marks in prime focal areas
Hairlines - May have a few scattered
Luster - Fully original
Eye Appeal - Very pleasing
In other words, the MS-65+ 1938-D provided a beautiful example of "Liberty walking into the dawn of a new day."
Let's go back to the Morgan dollars, this time with an 1893-S coin graded F-15.
For this grade, the ANA Grading Standard defines the F-15 or Fine-15 as: Shows moderate even wear through the surface. Entire design is bold and clear with traces of flattening.
In 1893, the mint produced less than 1.5 million Morgan dollars across four locations: Philadelphia, Carson City, New Orleans and San Francisco.
Of those, San Francisco produced only 100,000 of the silver dollar coins.
Contact Marks - May have light, scattered marks; a few may be in prime focal areas
Hairlines - May have a few scattered or small patch in secondary areas
Luster - Average, Fully original
Eye Appeal - Pleasing
Not one of the key coins, but at this grade, the coin is a fine specimen given the wear the coins encountered in the $1000 storage bags from the mint.
These five coins found on the bourse - two half dollars and three Morgan dollars - represent some of the finest silver Americana coins.
Next month, similar coins along with a wide variety of other numismatics will be on the bourse in the coin dealers' display cases.
Mark your calendars for the next Greater Atlanta Coin Show on Sunday, July 12, 2015 in the Hamilton's Restaurant along the back of the hotel overlooking the golf course and Kennesaw Mountain.