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RSSArchive for June, 2009

1884-CC Morgan Dollar MS67 Deep Mirror Prooflike NGC

1884-CC Morgan Dollar MS67 Deep Mirror Prooflike NGC

1884-CC Morgan Dollar MS67 Deep Mirror Prooflike NGC

Park Avenue Numismatics

Condition Census 1884 Carson City Morgan Dollar, MS67 Deep Mirror Prooflike NGC

Tied for Finest Known

This gorgeous Superb Gem with it’s richly frosted central devices is unquestionably tied for FINEST KNOWN!

The devices are impeccably detailed, and the fields are white and virtually flawless except for some very minor contact marks, and are as deep as any we’ve seen on a Deep Mirror Prooflike.

Incredible preservation and eye appeal.

The combined certified population shows six pieces in MS67 Deep Mirror Prooflike, three each at NGC and PCGS, with None Finer, thus tied for Finest known.

The Coin Universe Price Guide lists this coin’s value at $30,000. This wont last at our ask price of only $20,000, so order now before this coin is sold.

Offered At $20,000 - Click Here To Purchase This Coin

June 30, 2009 | Comments 0
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1915-S Panama-Pacific Fifty Dollar Octagonal NGC AU-55

Park Avenue Numismatics

The Panama-Pacific fifty dollar octagonal gold commemorative released during the 1915 Panama-Pacific International Exposition in San Francisco, piques several collecting interests.

1915-S Panama-Pacific Fifty Dollar Octagonal

1915-S Panama-Pacific Fifty Dollar Octagonal

It is one of just eight classic gold commemoratives, those produced from 1903 to 1926. It reminds one of the gold pieces first produced by Augustus Humbert in 1851 as United States Assayer of Gold in California, thus recalling the heritage of private and Territorial gold issues. And it is beautiful !

Shortly after the United States started work on the Panama Canal in 1904, Reuben Hale and other members of the San Francisco Merchant’s Association proposed an exposition. Not only would the event celebrate San Francisco’s status as the major West Coast port for canal traffic, but it would also mark the 400th anniversary of Vasco Nuñez de Balboa’s discovery of the Pacific Ocean.

Robert Aitken, a New York artist, was selected to prepare designs for the fifty dollar gold coins.

The obverse of both fifty dollar coins depicts the Roman goddess Minerva, while the reverse displays an owl, said to be sacred to Minerva and a symbol of wisdom. Some suggest that the motifs alluded to the need for America to be watchful and prepared on the eve of this country’s involvement in World War I, already raging in Europe. The basic round and octagonal designs were the same, everything from the outer text ring inward, though reduced in size for the octagonal piece. On both obverse and reverse Aitken placed an unbroken circle of dolphins into the spaces provided by the angled corners of the octagonal design. Dolphins were considered friends and guardians of sailors, and were symbolic of the new connection between the Atlantic and Pacific Oceans provided by the Canal.

A rare and beautiful example of a historic issue.

Offered At $55,000 - Call us at 800-992-9881 to Purchase this Coin

June 18, 2009 | Comments 0
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1895 Morgan Dollar NGC PR-64 Cameo

Park Avenue Numismatics Inventory Item # PAN33608

1895 Morgan Dollar NGC PR-64 Cameo

1895 Morgan Dollar NGC PR-64 Cameo

1895 proof silver dollars have always been the keys to the Morgan dollar series. With its proof-only mintage of 880 pieces, the 1895 proof issue has been deservedly called “The King of the Morgan Dollars.”

Demand is always strong when any example is offered.

Controversy has always surrounded the business strike mintage of 1895 Morgan silver dollars. Mint records indicate 12,000 coins were produced for circulation, but numismatists have never been able to locate a single example.

Distinguished researchers, such as Q. David Bowers and Roger Burdette, have advanced plausible explanations for the disappearance of the entire mintage of this date, with accounting errors and melting under the Pittman Act being the most convincing theories. Unfortunately, in spite of the ingenious ideas and well-documented research that has been put forth, no real consensus has been reached about the disposition of these coins. Their fate remains a mystery.

With the 1895 circulation strike pieces either melted into oblivion or never existing, 1895 proofs  have assumed monumental importance and create a de facto limit on the number of “complete” date sets that can be assembled.

The special status of the 1895 proof dollars is widely known, and while collectors might part with other proof issues during hard times, very few 1895 Morgan dollars have been willingly disposed of.  Experts estimate a surviving population of approximately 700 examples, or 79.5%, an extremely high survival rate for any coin.

Offered At $58,000 - Click Here To Purchase This Coin

June 18, 2009 | Comments 0
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