Two-Coin Holder from PCGS

Just recently a new slab was produced by PCGS, it was brought about by the two coin 75th anniversary set that was so very popular this year. Then I saw that it came in a sample slab as well and thought PCGS must be considering using the double slab on other coins. Otherwise, why would they be showing it as a sample slab?

 

From what I have been told, PCGS realized that the potential of the new two-coin holder was something they could work with and they also realized that, indeed, it was going to have a vast amount of combinations.  This new holder has the ability to accommodate any two standard sizes coins you may choose such as a Morgan Dollar and a Peace Dollar of the same year, for example.

Or a gold one ounce eagle and a silver one ounce eagle, even if you wanted to put two coins in the holder with your kids’ birth years, such as two American Silver Eagles.  As a grandfather, I really like this idea. There are just so many different combinations  for a two coin holder. I hope that this is just the beginning for this slab. Here you have two different sized  coins that have been combined and, as you can see by the sample slab in this picture below, it worked very well.

What I like about the two coin holder is that there is no extra charge to have coins encapsulated in the two coin holder as opposed to having two coins slabbed separately. PCGS is offering the same security features with this two coin holder that they offer with a single coin holder, they also offer the same PCGS guarantee of grade and authenticity. This is my new favourite design when it comes to sample slabs!

 

These samples are going to be hard to find and will, I am sure, carry a high premium, if you can find one. Like all new samples it will be easier to find as time passes, of course it will depend on the amount of sample slabs that the company decided to produce. It will also depend on how long PCGS keeps producing them; however, I think it has a great potential to stay in production for quite a while, but that is just my opinion so we will just have to wait and see.

Now, here is another version of this sample slab that I really like.  At the time this next picture was taken, PCGS was not handing out this sample slab to the public. They were only there for the public to look at, as my friend who took this picture said: “I think they were just testing the waters with this new slab.”  After attending the 2012 Philly show where he saw this sample slab below. I guess the big question now is: will PCGS

be handing these sample slabs out to the public or will they be a dealer-only sample slab?  This way dealers can show collectors what they can expect if they decide to go with this type of slab for the coins they are sending away to be graded. If this is the case and it is a dealer-only sample, this will greatly reduce the amount produced and, therefore, this sample will become highly sought after.  They could also be used as a

members-only luncheon giveaway, again this would limit the amount of sample slabs produced. No matter how you look at it though, this holder has countless combinations and as far as a collector I think this could become a favourite sample slab.  Again this is just my opinion as no one will really know, I suppose, until the slab is tested in the marketplace. That will be the true test.

 

 

This Lincoln cent sample seems to me to be something that could possible be handed out to the public, as it shows the holder off very well, again this is just my own opinion it still remains to e seen.  These are the only two examples of this sample slab I know of, so who knows where it will go from here. It will be interesting to see what happens next with this holder and what will show up in sample slabs over time. This is all I have so far and as things change I will update this sample slab as I find out more about it. Till then we will just have to wait and see.

All my best,

Alan Canavan

                         Sample of the month

The 1921 circulated Morgan silver dollar has always been one of the favourite sample slabs ever produced. Wile other TPG used the mint state Peace and Morgan dollars PCGS was only known for the circulated 1921 Morgan. Until a few months ago when out of no ware I found a 1923-S circulated PCGS Peace dollar.  I have only seen the one and have never seen one since then.

                          Website of the month.

 

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Circulated coin in a Sample Slab

Of all the different sample slabs that have been produced, I have always found the circulated coin samples to be the most fascinating. Maybe it’s because, in most cases, this type of sample can have more than one date and the challenge would be to find all the dates produced. Such is the cases with the War Nickel, shown below, given out by Tangible Assets Gallery so people could see just what a PCGS certified coin would look like.

Each sample came with a card that described PCGS and the War Nickel. Now, we know this coin was produced from 1942 to 1945, but there is also the different mint marks to consider. This would bring a total of 11 coins when considering the P, D and S mint marks.

That is, if all the mint marks were used. The 1942 coin only had two mint marks the P and S, 1943 to 1945 had three D, P, and S. This is quite a challenging set to complete. Do I know for sure that all the coins were slabbed using all the mint marks? The answer to that is“No!” The only mint marks I have found so far are P and S. The only sample slabs I know of that were produced with both of those mint marks are the 1943 P, S and the 1945 P, S. As for the others, I just can’t say which of the other mint marks were used.

The War nickel’s used in these samples, even though 35% silver, were in most cases of very low quality, this could be the reason they are hard to find today. The coin might not have been considered anything very special, so I think many were just discarded or lost over time. Today, one of these samples can bring $50.00 and a perfect case for: “buy the slab not the coin.” The coins inside these samples can be identified by the large P, D or S above the top of Monticello on the reverse side.

Another set of circulated coins in a sample slab is the PCGS Liberty Head nickel, again with a very low grade coin inside. This sample also had several different dates, but unlike the War nickel the amount of dates used in these samples is, I think, unknown. I have found some dates –  the oldest one being an 1898 and the last being 1911. Here are the dates I have found so far, 1898, 1908 (not shown), 1901, 1906, 1907 and 1911. There could be more dates just waiting to be found, as I have said in other articles, sample slabs do have a certain mystery to them.

The sample with Liberty V nickels are hard to find, they rarely come up for sale, and when they do they can sell for a very high price. The last one I saw for sale was a 1907 and it sold for $304.00 on March, 25 2012, Serial number 3868.00/12345678. Now, it is also unknown if this was handed out to the public or was it a dealer-only sample slab. Because of the low value coin inside the sample, they were probably not considered anything special and, therefore, again lost or discarded over time. As I was writing this article a 1908  Liberty V nickel came up for auction and sold for $237.50.

 

NGC also used a Liberty Head nickel sample, but they used the word “Circ.” I don’t know how many dates were used as this is a very hard sample to find. I believe the sample below is 1904? I have also seen a 1903.  Another interesting fact about this sample, it is the first NGC sample to use a bar code on the front. I have only seen the two samples and  the 1903 sold for $83.83,  so I now have an  idea of how much one would sell for. I am sure if another one comes up at auction, it will fetch a high price as well.

 

I have written about this next sample in an older article, but it does have a place in this one as well. Originally produced as part of a Random House coin collecting starter kit as I said in my other article. I would have to assume these slabs were an example of what a slabbed coin would look like. Therefore, it would be considered a “Sample.” It also holds the pedigree of being the largest amount of samples ever produced with an estimated 50,000 to 100,000 slabs.

The dates on this sample runs from 1917 to 1929, as far as I know there was never a 1921 or a 1922 produced. The slab has no hologram on the back and can be a fun and inexpensive set to build. Some dates can be harder to find than others, but they are showing up more often these days. You can still buy one for under ten dollars, some sellers also sell them in a groups of three or five and so on.

Probably one of the best known sample slabs: the PCGS 1921 circulated Morgan silver dollar. Over the past year this sample has not been that hard to find. This could also change at any time with the amount of bidders I see when one comes up for auction. This is a dealer slab and unlike other circulated samples, this coin would have been saved, because of the Morgan silver dollar inside. One more thing to take note of is the fact that another Morgan circulated sample was produced, unlike the green label sample below, this sample had a very blue coloured label.

 

 

When doing research on samples, I always try to use a picture of the sample, this is not always possible as with the last two samples. This is what I have come up with so far with these two samples.

The next sample was a real surprise, as far as I knew the only silver dollar sample that PCGS produced was the Morgan. Until I came across something I had never heard of, or seen before: a circulated 1923-S Peace silver dollar in a PCGS sample slab. This really took me by surprise! With the standard serial # 654321 .00/12345678. I think it took a lot of people by surprise, when it sold for $390.00, the amount of this sample slab produced must have been very small or I am sure it would have shown up long before now.

There is another circulated sample that is a real mystery to me, I have only seen a picture of one, it is a PCGS circulated no date buffalo nickel, serial #3914.00/12345678. I have never seen one for sale and trying to research it, I seem to be getting nowhere. But at least we know the serial number and the coin inside the samples. Researching samples can, at the best of times be a difficult task, getting pictures can be even harder.

So, if you have pictures we can use or learn of a new sample we haven’t written about, please send us an email! We’re always open to suggestions, information and images. Thanks.  You can email me at alancan@hotmail.ca

All the Best,

Alan Canavan

                                                Sample of the month

                                    Sample slabs can also have some amazing toning, this NGC PF 65 is a great example of just that

 

 

 

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