The October 2014 Greater Atlanta Coin Show was a busy place to be in the morning and during midday. As is normal, the bourse began slowing later in the afternoon - many of our dealers packed up for their trip home as the number of visitors dwindled.
Here's another thank you to all of the visitors to the coin show, both those new to the show and those returning faces.
The Sunday weather made it a great day to visit the coin show. The morning visitors experienced rain with thunder in the distance, while the early afternoon visitors saw beautiful sunshine on a cooling autumn day.
This month the coin show enjoyed visitors from the church held in the hotel. Welcome and thank you for coming.
Remember, admission is free to the show and everyone is welcome whether a serious collector or just curious about the show.
The hotel also hosted a car show on our coin show Sunday. Several people from the car show also took a look around the bourse. Thank you, we're glad you stopped by.
Several visitors to the coin show along with several dealers discussed the pros and cons of the silver market.
As always, the big question is "do we sell now thinking silver will continue to drop in price or do we wait for the price to go back up?"
Of course, the answer to that quandary is highly dependent on each person's circumstances.
In general, though, the belief is silver prices will go up soon, but "soon" could be weeks or months in the future.
The October show also had people bringing foreign coins and currency for appraisal. Several dealers on the bourse understand the foreign markets - both the collectible rates and the current exchange rates - and can provide information to help people understand the value of their foreign coins and currency.
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Greater Atlanta Coin Show
2020, our 33rd year of monthly coin shows
Coin Show - Monthly Notes from October 2014
Within the first year of production, the US Mint quickly added "cents" to the reverse of the coin to deter the counterfeiting.
For the last highlight, let's remember the one-cent coins. Several of our dealers offer many different versions of cents from the colonial to the modern day varieties along with all of those in between.
For this one, though, it was a beautiful PCGS certified 1905 Indian Head Cent in PF64RD condition. More than 100 years old, the coin still maintained its beautiful red hue from its copper content and the luster of its proof quality.
We hope you made it to the show and saw some of these or similar treasures. If not, we hope you can visit next month to see the displays in the showcases and to look for that perfect addition to your collection.
Sunday's bourse included a wide variety of coins and currency from ancient to modern, from certified to circulated, from foreign to domestic with bullion and currency scattered in the dealers' showcases too.
Let's focus on a few American coins from the late 19th and early 20th century.
First, there was a variety of Morgan dollars in the various displays.
Many of the Morgan dollars were certified such as the 1878-S NGC MS65 version, the 1879-S PCGS MS65 coin and the 1890-O NGC MS64 specimen.
The US Mint produced the Morgan dollar from 1878 through 1904 and again in 1921.
The dollar's designer, George Morgan, was born in England. He studied art and engraving there before moving to the United States and becoming the seventh Chief Engraver for the US Mint.
From the US Mint:
"His most famous coin is probably the 'Morgan' dollar of 1878, but his work on other US coins includes two four-dollar gold coins, the back of the McKinley Memorial gold dollar, and the back of the Columbian Exposition half dollar. He created presidential medals for Hayes, Theodore Roosevelt, Wilson, and Harding, Indian Peace Medals for Hayes and Garfield (back), and many other medals."
And, if you look at the San Francisco Old Mint Commemorative silver dollar, the reverse used the reverse design of the Morgan dollar.
Through the production years of the Morgan dollar, five different US Mint facilities struck the coins: Philadelphia, San Francisco, Carson City, New Orleans and Denver.
Moving on to another coin, several examples from that era of the Liberty Head or V-Nickel were spread around among the dealers.
Two certified examples included the 1898 PCGS PR64 and 1899 PCGS MS64 five-cent coins.
The US Mint produced the Liberty Head nickel designed by Charles E. Barber from 1883 to 1913.
If you remember, counterfeiters initially had a field day with this coin, but not so much because they wanted to copy a five-cent coin.
Instead, Mr. Barber did not include "cents" in either the obverse or reverse designs on the first coins struck. The enterprising counterfeiters dipped the initial V-nickel coins in gold and passed them for five-dollar gold coins-big difference in value.
Mark your calendar and make plans to visit the next Greater Atlanta Coin Show on Sunday, November 9, 2014 with its bourse filled with coin dealers and their displays of coins, currency, jewelry and other collectibles.