Neil S. Berman - Coin Collecting For Dummies

Patterns, and Specimens Overgrading and Overpricing Grading Guarantees Authenticity and Originality Rarity and the Establishment of Value Market Demand and Survival Rate Chapter 17: Foiling the Fakes Resisting Temptation Becoming Your Own Expert Finding Out about Repaired, Restored, and Recolored Coins Getting Duped Caveating Your Emptor Saving the Day: Return Privileges and Guarantees Slamming the Scammers Chapter 18: Grading with the Pros The Grading Process Numismatic Guarantee Company (NGC) Professional Coin Grading Service (PCGS) Certified Acceptance Corporation (CAC) The Other Guys Restoration and Conservation Chapter 19: Selling Your Coins Yourself Knowing What to Expect Deciding Whether to Sell Coins Yourself Getting Ready to Sell Your Collection Knowing Where to Sell Your Coins Mastering the Art of Selling Keeping Good Records Donating the Rest Chapter 20: Going Once, Going Twice: Buying at Auction Flying Like Bees to Honey Preparing to Buy Reserving Yourself Hauling Yourself to Online Auctions Chapter 21: The Coin Auction Arena Consignment Journey Heritage Auctions: “The Titan” Top Performing Auction Houses Chapter 22: Coin Investments, Taxes, and the Law Investing in Coins in Theory Dealing with Taxes

9 Part 5: The Part of Tens Chapter 23: The Ten Most Valuable U.S. Coins 1933 Double Eagle ($18,872,250) PCGS MS65 1794 Flowing Hair Dollar ($10,016,875) 1787 Brasher Doubloon EB on Wing ($9,360,000) 1822 $5 ($8,400,000) PCGS AU50 1804 Bust Dollar ($7,680,000) PCGS PF68 1787 Brasher Doubloon EB on Breast ($7,395,000) 1861 $20 Paquet Reverse ($7,200,000) 1794 $1 (Lord St Oswald) ($6,600,000) PCGS MS66+ 723 AD Umayyad Gold Dinar (£3,720,000-$6,029,400) 1804 $10 Proof Eagle (5,280,000) PCGS PF65+ DCAM Chapter 24: Ten Favorite U.S. Coin Designs 1792 Silver Center Cent 1849 Double Eagle 1907 Ultra-High Relief Double Eagle 1822 Half Eagle 1785 Immune Columbia Constelatio in Gold 1776 Continental Dollar 1793 Wreath Cent 1809–36 Capped Bust Half Dollar, Second Style 1794 Flowing Hair Dollar 1808 Quarter Eagle Chapter 25: Ten Ways to Get Your Kids Involved in Coin Collecting Show Them Some of Your Favorite Coins Show Them a Book That Illustrates the Coins You Own Show Them Interesting Coin Websites Start Them on Collecting the 50 State Quarters or the Presidential $1 Coins Use Coins in a School Project Take Them to a Museum Take Them to a Coin Dealer Take Them to a Coin Show Take Them to a Coin Auction Take Them to a U.S. Mint

10 Glossary

11 Index

12 About the Author

13 Connect with Dummies

14 End User License Agreement

1 Chapter 16TABLE 15-1: An example of pricing gaps in the old grading systemTABLE 15-2: An example of improved pricing accuracy with precision grading

1 Chapter 2FIGURE 2-1: A commemorative coin.FIGURE 2-2: BU rolls.FIGURE 2-3: Silver certificates. FIGURE 2-4: The 1999 Delaware Quarter — first of the 50 State Quarters.FIGURE 2-5: The 2000 Sacagawea dollar.

2 Chapter 3FIGURE 3-1: Roman denarius (left) or $20 gold piece (right): Which do you prefe...

3 Chapter 4FIGURE 4-1: Paper envelopes for storing coins.FIGURE 4-2: Cardboard 2x2s for storing coins.FIGURE 4-3: Vinyl 2x2s for storing coins.FIGURE 4-4: Hard plastic holders for storing coins.FIGURE 4-5: Slabs, good for storing and trading coins.FIGURE 4-6: Coin albums for storing coins in sets.FIGURE 4-7: Tubes for storing large quantities of coins.FIGURE 4-8: On the edge: The proper way to hold a coin.FIGURE 4-9: A single spot of moisture can hurt a coin.FIGURE 4-10: A rim nick can happen when you drop a coin.

4 Chapter 5FIGURE 5-1: Athena’s sacred owl on a coin.FIGURE 5-2: The denarius, the backbone of Roman economics.FIGURE 5-3: Byzantine coins like this one were promoters of Christianity.

5 Chapter 7FIGURE 7-1: The 1964 five schilling coin of Austria, since replaced by the euro...

6 Chapter 8FIGURE 8-1: The 1923 billion-mark coin from the German state of Westphalia.FIGURE 8-2: The 1837 Hard Times token. FIGURE 8-3: A Good For trade token.FIGURE 8-4: A Civil War patriotic token.FIGURE 8-5: George Washington was a popular subject on tokens and medals.

7 Chapter 9FIGURE 9-1: The St. Patrick farthing.FIGURE 9-2: The Talbot, Allum & Lee token.FIGURE 9-3: The 1763 Mexican Eight Reales or Spanish Piece of Eight.FIGURE 9-4: The elephant token.FIGURE 9-5: The Massachusetts half cent.FIGURE 9-6: The 1786 New Jersey copper.FIGURE 9-7: The 1788 Connecticut copper.FIGURE 9-8: The 1786 Vermont copper.FIGURE 9-9: A later copy of the Arms of New York coin.FIGURE 9-10: The 1773 Virginia copper.FIGURE 9-11: The 1789 Mott token.FIGURE 9-12: The 1776 Continental dollar.FIGURE 9-13: The 1787 Fugio cent.FIGURE 9-14: The 1785 Nova Constellatio copper.FIGURE 9-15: The Unity States cent.FIGURE 9-16: The 1791 Washington large eagle cent.FIGURE 9-17: The 1793 ship halfpenny.FIGURE 9-18: The 1795 grate halfpenny.FIGURE 9-19: The Liberty and Security penny.

8 Chapter 10FIGURE 10-1: The 1793 half cent.FIGURE 10-2: The 1794–97 half cent.FIGURE 10-3: The Draped Bust half cent.FIGURE 10-4: The classic head half cent.FIGURE 10-5: The Braided Hair half cent.FIGURE 10-6: The 1793 chain cent.FIGURE 10-7: The 1793 wreath cent.FIGURE 10-8: The Liberty cap large cent.FIGURE 10-9: The Draped Bust large cent.FIGURE 10-10: Classic-head large cent.FIGURE 10-11: The matron-head large cent.FIGURE 10-12: The Braided Hair large cent.FIGURE 10-13: The Flying Eagle cent.FIGURE 10-14: The Indian-head cent.FIGURE 10-15: The Lincoln cent.FIGURE 10-16: The Lincoln Memorial cent.FIGURE 10-17: The two-cent piece. FIGURE 10-18: The three-cent nickel. FIGURE 10-19: The shield nickel.FIGURE 10-20: The Liberty-head nickel.FIGURE 10-21: The Indian-head nickel.FIGURE 10-22: The Jefferson-head nickel.

9 Chapter 11FIGURE 11-1: A three-cent silver.FIGURE 11-2: The Flowing Hair half dime.FIGURE 11-3: The Draped Bust half dime.FIGURE 11-4: The Capped Bust half dime.FIGURE 11-5: The Seated Liberty half dime.FIGURE 11-6: The Draped Bust dime.FIGURE 11-7: The Capped Bust dime.FIGURE 11-8: The Seated Liberty dime.FIGURE 11-9: The Barber dime.FIGURE 11-10: The Mercury-head dime.FIGURE 11-11: The Roosevelt dime.FIGURE 11-12: The 20-cent piece.FIGURE 11-13: The Draped Bust quarter.FIGURE 11-14: The Capped Bust quarter.FIGURE 11-15: The Seated Liberty quarter.FIGURE 11-16: The Barber quarter.FIGURE 11-17: The Standing Liberty quarter.FIGURE 11-18: The Washington quarter.FIGURE 11-19: The Flowing Hair half dollar.FIGURE 11-20: The Draped Bust half dollar.FIGURE 11-21: The Capped Bust half dollar.FIGURE 11-22: The Seated Liberty half dollar.FIGURE 11-23: The Barber half dollar.FIGURE 11-24: The Walking Liberty half dollar.FIGURE 11-25: The Franklin half dollar.FIGURE 11-26: The Kennedy half dollar.FIGURE 11-27: The Flowing Hair silver dollar.FIGURE 11-28: The Draped Bust silver dollar.FIGURE 11-29: The Seated Liberty silver dollar.FIGURE 11-30: The trade dollar.FIGURE 11-31: The Morgan silver dollar.FIGURE 11-32: The peace dollar.FIGURE 11-33: The Eisenhower dollar.FIGURE 11-34: The Susan B. Anthony dollar.FIGURE 11-35: The Sacagawea dollar.

10 Chapter 12FIGURE 12-1: The Liberty-head gold dollar (Type I).FIGURE 12-2: The Indian-princess gold dollar (Type II).FIGURE 12-3: The Turban Head Quarter Eagle.FIGURE 12-4: The Capped Bust Quarter Eagle, rare as a date and as a type.FIGURE 12-5: The Classic Head Quarter Eagle.FIGURE 12-6: The Liberty-head Quarter Eagle.FIGURE 12-7: The Indian-head Quarter Eagle.FIGURE 12-8: The $3 gold piece.FIGURE 12-9: The $4 gold Flowing Hair Stella.FIGURE 12-10: The Turban Head Half Eagle.FIGURE 12-11: The Capped Bust Half Eagle.FIGURE 12-12: The Classic Head Half Eagle.FIGURE 12-13: The Liberty-head Half Eagle.FIGURE 12-14: The Indian-head Half Eagle.FIGURE 12-15: The Turban Head Eagle.FIGURE 12-16: The Liberty-head Eagle.FIGURE 12-17: The Indian-head Eagle.FIGURE 12-18: The Liberty-head $20 gold piece.FIGURE 12-19: The Saint Gaudens $20 gold piece.FIGURE 12-20: 1933 Double Eagle.

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