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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 March 2017

 
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Visitors filled the March 2017 Greater Atlanta Coin Show in the morning hours and enjoyed the
dealers' displays of numismatic and other collectible items. People visited throughout the day, but
the morning bourse was packed and busy, busy, busy.

Thank you to all of the people - visitors, dealers, security and hotel staff - that made this coin show a
success. We appreciate all of you.

We know some of our guests drive several hours to visit the show. Thank you to all of our visitors
both from far away and from nearby.

This month, we had a couple of dealers out with guest dealers taking their place. A special thank you
to those dealers who could fill in at the last minute. We hope you had a good show and will join us
again.

Some of our dealers returned from the ANA National Money Show that was held in Orlando just prior
to our March show. Glad you could join us, and we hope both shows were good to you.
As for our weather, Mother Nature can sure change quickly in the
south. Earlier in the week, our daytime temperatures rose to the high
70s.

On the Sunday morning of the show, some of our dealers driving down
from the north saw snow flurries in the early hours.

During the show, we felt a cold day with rain in the morning tapering
off for the afternoon.

In the hotel, the church groups met. Plus, there was supposed to be an
Indian wedding. It would have been interesting to see their guests
arriving with all of their colorful clothing, but we were too busy and
didn't see any of the wedding party.

We had guests arrive late in the day that were surprised with empty
tables.

Our dealers come from all around the south, not just the local area.
Several have long drives and leave early to get home to their evening
plans.

Yes, the show is open until 5 pm, and there will be dealers there at
closing. But, to find a full bourse, visitors need to arrive at the show
before mid afternoon.

For this month, several people visited the show looking specifically for
the US Mint's 2017 eagles. Some wanted single coins. Others wanted
rolls.
Now, let's take a look at a few collectibles-some oddities that can be found among the rarities.

First, let's take a look at some damaged coins.

In this case, the damage came from PVC. Though a wonderful product for various plumbing applications, PVC is
not good for coins.
Proof Coins damaged by PVC
From the NGC's (Numismatic Guaranty
Corporation) article about PVC and coins:

"PVC is short for polyvinyl chloride, a popular and
widely used plastic that has countless industrial
applications. In most of these applications PVC’s
qualities are completely benign. In fact, using this
plastic for coin flips is OK, too.

"Where the problem lies is that such storage is
suitable only for the short term, say, less than six
months. After that time the chemical softening agent
that gives PVC its great flexibility may start to leach
out.

"Over time, this can settle onto a coin and deposit
an oily film-that sickly, green slime that leaves an
outline of the coin on the flip and adheres to the high
points of the coin itself."

Read the rest of the NGC article here: Recognizing
Coin Holders That Contain PVC 
In this example, several proof sets were stored in PVC beginning with 1969 at the top and 1972 at the bottom.

In all likelihood, these coins have been in this holder for over 40 years. At the time, 1970s, PVC was not known to be bad
for coins. Why didn't the collector change the storage when the problems became known? Well, the reasons could be
many.

If you inherit a collection and see green coins, PVC could be the culprit. But, don't try to clean the coins yourself. An
experienced restorer with special processes can perhaps revitalize the coins. However, the layperson with household
chemicals will add even more damage and take a rare coin's value down to legal tender.

From green coins, let's take a look at a stickered coin.
First Lady stamps and stickered "coin"
For this display, an enterprising philately
(stamp) merchant decided to market a First
Lady collection to include a first lady "coin."

Now, the US Mint marketed real First Lady
coins. They were $10 gold bullion coins
containing one-half ounce of .9999 gold.

The US Mint also struck First Lady medals
that were distributed in Presidential Coin and
First Spouse Medal sets.

In this case, though, the philately merchant
did not want the expense of purchasing either
the gold bullion or the bronze medal to
include in his product.

Instead, he simply applied a sticker with the
first lady's portrait on the reverse of the
presidential dollar coin.

This example included Martha Washington
stamps with the Martha Washington "coin,"
her image stuck to the reverse of a George
Washington Presidential Dollar Coin.

Now, just as a philatelist would cringe at a
collectible stamp being glued to something, a
numismatist cringes at a sticker being
applied to a coin.

Coins Damaged by PVC

Stickered First Lady "Coin"

"The Elvis Presley $5 Commemorative Coin
was issued by the Republic of the Marshall
Islands in 1993 to honor one of the world's most
celebrated and talented entertainers.

"This solid-cupronickel coin is legal tender of
the Republic of the Marshall Islands, which,
along with the rest of the world, recognizes the
extraordinary contributions Elvis made to the
world of music.

"The obverse of the coin pays tribute to the King
and features a stunning, lifelike portrait of Elvis
as a young rocker.

"On the reverse of the coin is the national seal of
the Marshall Islands, which appears on all its
coinage. The motto, "Jepilpilin Ke Ejukaan,"
means "Accomplishment through Joint Effort,"
and the design centers on the nation's symbol,
the Spirit Bird of Peace.

Elvis Presley $5 Commemorative Coin

Elvis Presley $5 Commemorative Coin
Next, did you know there is an Elvis Presley coin?

No, you say?

Yes, there is. It is from the Marshall Islands.

Noted inside the package:

The Story of the Elvis Presley $5 Commemorative Coin
"Above the Bird, the 24-point Sunstar with a diagonal line on either side represents the nation's flag and two chains
of islands. The Marshall Islands, granted complete independence by the U.S. in 1986, is proud to pay homage to the
man whose music is heard around the globe on the 40th anniversary of his first record."

The holder also contains commentary about the life of Elvis. They included a brief overall history and made special
comments about his early years.

From the King, let's go back in time to recognize Lewis, Clark and Sacagawea.
But, this recognition is not a US Mint product. This one
is a commemorative medallion by the Northwest
Territorial Mint.

Their insert described the Corps of Discovery and their
adventure.

"Beginning from Wood River, Illinois, Lewis and Clark
headed up the Missouri River to the Knife River Indian
Villages near present day Washburn, North Dakota.
There they spent the winter learning about the local
tribes and lands to the west. They also enlisted as
interpreters a Frenchman, Toussaint Charbonneau, and
his young pregnant Shoshone wife, Sacagawea.

"In the spring of 1805, they continued up the Missouri
River to its head waters where they encountered a band
of Shoshone Indians lead by Sacagawea's brother,
Cameahwalt, who assisted the expedition by providing
horses and guides to cross the rugged Bitterroot
Mountains. After a very difficult crossing, they finally
reached the Pacific Ocean in November, 1805.

"The Corps of Discovery built Fort Clatsop on the south
side of the Columbia River near present day Astoria,
Oregon, where they spent a cold rainy winter. In the
spring and summer of 1806, the expedition made their
way back across the mountains, explored several major
rivers and floated back down the Missouri to St. Louis,
arriving September 23, 1806."

Corps of Discovery Commemorative Medallion

Corps of Discovery Commemorative Medallion
The package describes the Medallion as Merlin Gold Alloy (no, I don't know what Merlin Gold is) with designs by
Diane Turner and sculpting by Charles Vickers.

"The Obverse features Lewis & Clark leading the Corps of Discovery along their arduous journey by water and land
to the Pacific Ocean.

The Reverse features Sacagawea in a tribute to her critical contribution in the successful communication with the
Indian Tribes during this expedition."

These census numbers represent the quantity of
that particular coin in that specific grade certified
by NGC.

In 2007, the US Mint produced 3,965,989 of each
of these Presidential Dollar Coins.

From the ANA Grading Guide, a Proof-69 coin
"has a very attractive sharp strike and surface
(mirror or other style) of the highest quality for the
variety, with no more than two small non-
detracting contact marks or flaws. No hairlines or
scuff marks can be seen. Eye appeal is
exceptional."
2007 Presidential Dollar Coins Proof-69 Ultra Cameo

2007 Presidential Dollar Coin Set Proof-69 Ultra Cameo

Next, let's take a look at a complete set of the first of the Presidential Dollar Coin series.

These proof coins were certified by NGC as PF-69 Ultra Cameo.

Interestingly, if you search the NGC certification listing, they do not show the full set. Instead, they provide details for
each coin.

For example, they show for the Washington Presidential Dollar the grade and their census value of 34,945. For
Adams, they show a census of 35,651.  For Jefferson, 35,307 and Madison, 34,997.
"Ultra Cameo" recognizes a dramatic contrast between the mirror-like field and the satin-like portrait or devices.

In summary, these four Presidential Dollar Coin provide a beautiful example not only of the first four presidents but also
the US Mint's artistry and processes. (Rumor has it that they no longer provide certification for all four coins in one
holder.)
Last on our list for this month is a modern
American Eagle One Ounce Silver Proof
Coin.

Begun in 1986, the 2016 version of the Proof
Silver Eagle represented the 30th
Anniversary of the silver coins.

As a special tribute, the US Mint chose to
add edge lettering to the silver eagle.

Not the year or "In God We Trust" as they
have with other coins, this coin has 30th
Anniversary inscribed in its edge.

The obverse remains consistent with Adolph
A. Weinman's Liberty and the "dawn of a new
day." The reverse shows John Mercanti's
design of the heraldic eagle.

The Certificate of Authenticity includes a
silver "30th Anniversary" on the front and
describes the coin as Proof, 99.9% silver,
.999 troy ounce of silver and minted in West
Point with the "W" mint mark.

The back of the certificate discusses the
minting laws and describes the coin as "legal
tender," however, of course, the silver dollar
is worth much more than a dollar and also
worth more than its silver content.

The beautiful American Eagle Silver Coin
continues to be prized by both collectors and
investors.

2016 30th Anniversary American Eagle Silver Proof Coin

2016 30th Anniversary American Eagle Silver Proof Coin Clam Shell Set
2016 30th Anniversary American Eagle Silver Proof Coin
That's it for this month.

Join the many dealers and their displays of numismatics and collectibles at next month's Greater Atlanta Coin
Show on Sunday, April 9, 2017.