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2014 - The Coin Year In Review    | December 31, 2014 | 
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      | | My next show is the FUN show in Orlando, FL, Thursday, January 8 thru Saturday, January 10, Table #712.  Please stop by and say hello!   Here is my 2014 - The Coin Year In Review:     BEST FIND #1 - -      A family in the United Kingdom discovered a 1794 Silver Dollar in a long      time family collection.  The coin      subsequently graded PCGS AU-50.
 
BEST FIND #2 - -      New obverse die for 1803 Draped Bust, Large 3 silver dollar discovered.
 
BEST FIND #3 - -      A new 1817/4 Bust half was discovered, but the long-time owner had tried      to scratch away the "4" part of the underdate.  It was slabbed by PCGS as VF details,      damaged.
 
BEST FIND #4 - -      A 1788 Vermont copper was started on eBay at 99c. It ended at $29,900.  The coin was an R-7 with only 6 examples      known.
 
BEST FIND #5 - -      A collector found a 1969-S doubled die obverse Lincoln cent in a      roll.  The coin graded PCGS AU-55      and sold for $19,800 in auction.
 
BEST FIND #6 - -      A hoard of over 2,000 Roman bronze coins was found in the United Kingdom.
 
BEST FIND #7 - -      Stacks Bowers acquired a hoard of over one million coins, including bags      of large cents thru silver dollars.  The coins weighed 30 tons.
 
BEST FIND #8 - -      1793 Chain cent found in a bag of coins purchased in the U. K. for $17 was      sold for $41,500.
 
BEST FIND #9 - -      Collector finds an 1861-O half dollar WB-102 (with the CSA die crack) in a      roll of half dollars.
 
GOLD FLAT,      SILVER DOWN AGAIN - - Gold closed at $1,183.50 (down 2% from 12/31/2013's      close of $1,208) and silver closed at $15.72 (down nearly 20% from 12/31/2013's      close of $19.54).
 
SELLING MORE AND      MORE - - U. S. Mint has record sales of 2014 American Silver Eagles,      beating 2013's record.
 
YOU REALLY HAVE      A ROLL OF THESE? - - A collector acquired 53 1909 VDB Matte Proof Lincoln      cents over 25 years, and the coins are now being offered as one lot.
 
BIGGEST LINES AT      THE ANA SHOW - - For the Gold Kennedy half dollars.
 
BIGGEST FIASCO -      - The distribution of the Gold Kennedys at the ANA's World's Fair of Money      annual convention.  Want to read the      details?  Check my website      Newsletter page, click on August Gold Kennedys.
 
MOST SURPRISING      PRICE - - Someone paid $100,000 for the first Gold Kennedy certified by PCGS.  Not the first one minted, or the first      one distributed, but the first one slabbed.
 
IS SOMEONE      BURIED IN THIS COIN? - - See item immediately above.
CHANGE AFTER 39      YEARS - - The Liberty Seated Collectors Club congratulated John McCloskey      on his retirement.  John had been      President of the LSCC and Editor of the Gobrecht Journal since 1975.  Congratulations to new President Gerry      Fortin and Publications Editor Bill Bugert, as well as all of the new      officers!
 
CONGRATULATIONS      TO: LSCC Publications Editor Bill      Bugert, who has converted the Gobrecht Journal into a full color,      full-size magazine.  A big      improvement!
 
NEW MEMBER OF      LIBERTY SEATED COLLECTORS CLUB'S HALL OF FAME - - Gene Gardner.  He built a wonderful and amazing      collection.  But, in addition, as      anyone who knows him will attest, he is willing to answer a lot of      questions, even from people whose collections are much less impressive      than his (i.e., that means just about all of us.)  A very well-deserved honor for Gene.
 
CONGRATULATIONS      TO - - Garrett Ziss, 12 year old numismatic prodigy, expert on Capped Bust      Half Dollars, is the subject of an article in Coin World.  Garrett is fascinating to talk with and      has a lot of interesting questions.  When I met Garrett, his first question was about the 1827 JR-14      dime.  That was the first time a      12-year old asked me that question.
 
CONGRATULATIONS      TO - - "Mr. S.", a client of ours, who was extensively quoted by Q. David      Bowers in a Coin World article "Top Collectors Seek Quality".
 
CONGRATULATIONS      TO - - The ICTA and Lobbyist Jimmy Hayes, who were successful in getting      the Collectible Coin Protection Act signed into law.
 
AND A BRONX      CHEER TO - - Minnesota, which enacted a draconian law which has had the      unintended result of many out-of-state dealers refusing to do any business      with anyone in Minnesota.
 
SUPER-RARE BUT      THERE ARE TWO BEING AUCTIONED EARLY IN 2015 - - Original 1861 Confederate      half dollars (there are only 4 known).
 
OH SO CLOSE      AWARD - - 1927-D double eagle NGC MS-66 sells for $1,997,500.  And an 1884 Trade dollar in PCGS PR-65      sells for $998,750.
 
MOST SURPRISING      PRICE - - 1787 Brasher Doubloon sells for $4,582,500.  It was thought to be a big bargain.
 
GOLD NOBEL PEACE      PRIZE SOLD - - First one sold at auction in the U. S., it sold for      $1,116,250.
 
NEAR-UNIQUE COIN      SOLD - - An 1861 Paquet reverse double eagle from the Philadelphia Mint, 1      of 2 known, in PCGS MS-61 sells at auction for $1,645,000.
 
ONLY HALF AS      RARE AS THE 1861-P PAQUET - - Stacks Bowers sells an 1853-O No Arrows      half, 1 of 4 known, in PCGS G-6 for $246,750.
 
ANOTHER 1804      DOLLAR SELLS - - Class III in NGC PR-55 sells for $1.88 million.
 
AND A SUPER RARE      WORLD COIN - - 1937 Edward VIII gold sovereign, 1 of 2 known, sells for      $875,000.
 
1802 HALF DIME      REWRITES THE PRICE GUIDES - - A PCGS VG-8 sells for $117,500.
 
CHECK YOUR PLATS      - - A 2007-W $25 Platinum American Eagle with the word "FREEDOM" frosted      instead of brilliant sold for $69,300 at auction.
 
TONERS ARE ALIVE      AND WELL - - Legend sells an 1881-S Morgan in PCGS MS-68+ CAC for $45,825, and an 1879 Morgan in PCGS MS-66 CAC for $23,500.       
 
WHEN WILL IT      EVER END - - The Langbords and the Government present their cases in      Federal Appeals Court, in the case of the ten confiscated 1933 double      eagles.
 
IT'S FREE, NO      IT'S NOT, YES IT IS - - Confusion abounded when the U. S. Mint offered a      free souvenir bag with all purchases above a certain amount.  But when the orders were filled, all of      the coins were on backorder, so the only thing sent was the "free" bag      along with a bill for the $5.95 postage.  But the bag was free, as the postage referred to the coins on      backorder.  It might have been      better to wait on the "free" bag and the postage bill until each customer      was being shipped his/her first group of coins.  
 
BEST NEW U. S.      MINT BUZZWORD - - "Unauthorized".  The Mint has asked the Court to dismiss the suit against them for      trying to confiscate a 1974-D aluminum cent, with their argument being      that no aluminum cents were authorized.  Also known as the "Because We Say So" legal doctrine.
 
NEW MEXICO      COLLECTOR ACQUIRES THE 10th OF 14 SACAGAWEA / QUARTER MULES - -      So what happens when the Mint decides that these coins weren't officially      released and are "unauthorized"?
 
MOST DECEPTIVE      TITLE - - The "Marketplace Fairness Act" which seeks to have every vendor      in interstate commerce charge sales tax based on the buyer's place of      residence, could well have been entitled "The Law Requiring You to Report      Sales and Pay Tax to Over 7,500 Municipalities, Any of Which Can Audit You      If They Don't Like Your Numbers".  Here is my simple solution:  If I go into a store and buy something, no one in the store asks me      where I reside, the store just charges the sales tax where the store is      located.  Why can't we do that for      online sales, too?  This would      accomplish the task, without requiring a huge amount of additional      administrative effort!
 
BEST SALE (BUST      & SEATED COINS) - - The Gene Gardner Collection (which will continue      in 2015).
 
BEST SALE      (COPPER COINS) - - The Missouri Collection, which was a COMPLETE set of      Half Cents, including all die varieties.
 
BEST SALE (ALL      COINS) - - The Eric Newman Collection.
 
QUALITY TRUMPS      RARITY - - In the Missouri Collection, the 1808/7 Cohen-1 half cent in      PCGS XF-40 (the finest of only 9 known of this variety) sold for $184,000,      while the 1808/7 Cohen-2 half cent in PCGS MS-64+ (a high grade of a much      more common coin) sold for $483,000.
 
COMPETITION IS      ALIVE AND WELL AT ANA - - The ANA awarded the auction rights to the 2014      World's Fair of Money to two firms, Heritage and Stacks Bowers.
 
GONE TOO SOON -      - Tom Becker, worked for Bowers & Ruddy, then Merena, for many years,      then started the Becker & Kuehnert firm, wrote "Confessions of a Coin      Dealer".  Bob Brown, local collector and expert on wooden money.  John Burns, book dealer      and expert on just about every numismatic topic.  Rod Burress, copper coin dealer.  David Carr, dealer just recently on his      own after many years with Delaware Rare Coin Galleries.  Philip Crane, U. S. congressman who was instrumental in legalizing private ownership of gold in 1974.  Gene Henry, wholesale dealer from      Washington state.  Debbie Rexing, VP      of Marketing at Heritage.  Len      Roosmalen, error coin dealer.  David      Sabo, Virginia coin dealer.  Dave      Weygant, Florida dealer of beautiful coins.  Larry Whitlow, Illinois dealer who      specialized in commemoratives.
 
NEW METHOD OF      DISTRIBUTION - - Many of the Saddle Ridge gold coins from a hoard of $10 million, were sold on Amazon.
 
RAREST COINS I      SOLD - - We represented the buyer in a purchase of a set of Early Half      Dimes which included a high-grade 1802.  We sold an 1823/2 quarter in PCGS G-4.  We sold an 1838 Pattern half dollar,      with the Seated half obverse and the Gobrecht flying eagle reverse, in      PCGS PR-64 CAC.  We sold an 1825      Bust dime, JR-4, VG, full obverse cud.
 
WILDEST TONED      COINS I SOLD - - 1830 Bust half O-113 in PCGS AU-58+, and an 1859 Seated      half in PCGS PR-64.
 
FAIRLY RARE      COIN, BUT I SOLD 5 OF THEM THIS YEAR - - 1852 half dollar, and also the      1824/2 quarter.
 
I DIDN'T EXPECT      THIS #1 - - An excerpt of my 2013 Coin Year in Review was published in      Coin World's Guest Commentary section.
 
I DIDN'T EXPECT      THIS #2 - - I was awarded the "Dealer of the Year" by the Pennsylvania      Association of Numismatists.
 
BEST DINNER - -      Our customary ANA dinner with most of our table assistants and some key      suppliers.  This year we enjoyed McCormick      & Schmick's Restaurant in Rosemont, IL.  
 
BEST CREW TO      WORK WITH - - My table assistants, Bill Bugert, Len Augsburger, Dick      Graham, Richard Meaney, and Scott Lingo, as well as my wife Karen.
 
BEST NEWS FROM      RICH UHRICH U. S.      RARE COINS INC. - - We had a very successful year in 2014, with record sales.  We are expecting another good year in      2015.
 
WHEN I STARTED      THIS BUSINESS - - I thought it would be a nice part-time career.  It turned into full-time fairly quickly.  It has been nine years now, and each      year has been more enjoyable and successful than the previous year.  A very large part of our success is due      to our friendly and loyal customers who make this business fun every      day.   Thank you very, very much!
 
 I wish all of my customers and their families a happy, healthy and successful 2015!
                                                              - - Rich Uhrich  | 
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