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December 19 , 2014

COIN OF THE WEEK

1798/7 Draped Bust 10C NGC MS63
Click on Coin Image to enlarge


1798/7 Draped Bust 10C NGC MS63 - $16,500.


Large Eagle, JR-1. This amazing early American silver coin is very rare and desirable to not only collectors of early coins and specifically 1790’s coinage, but to the investor who is searching for true quality in a sea of mediocre coins. The overdate which is very neat is visible to the naked eye, and the drapery lines are strong. The coin has pleasant toning with light silvery devices and darker shades of grey and tan at the peripheries and is absolutely a cutie and a keeper for both fun and profit.

Please contact me by email or telephone 1-800-624-1870 to reserve this great coin.

Designed by Robert Scot, the obverse shows a draped bust of Liberty facing right. Above is LIBERTY, and below is the date. Seven six-pointed stars are to the left and six are to the right. The large eagle or heraldic eagle reverse shows the eagle with up stretched wings and a Union shield on its breast.

Designed by Robert Scot, the obverse shows a draped bust of Liberty facing right. Above is LIBERTY, and below is the date. Seven six-pointed stars are to the left and six are to the right. The large eagle or heraldic eagle reverse shows the eagle with up stretched wings and a Union shield on its breast. A banner inscribed E PLURIBUS UNUM curls across the left wing and under the right. Except for the wing tips, the inscription UNITED STATES OF AMERICA is in an arc near the periphery. Sixteen stars are above the eagle’s head under the clouds in an arc pattern. Dentils are near the edge on both sides of the coin, and the edge is reeded.

The reverse of this coin that has 16 stars is the same as the one used for the 1797 quarter eagle; however, Mint Director Boudinot realized that the Mint could not go on forever adding stars as new states were admitted to the union, and subsequent issues were made with 13 stars. There are 10 coins showing as MS-63 in the NGC census with 2/7/3 higher in respective grades. There is no doubt in my mind that there is duplication in this report that we’ll never know the extent of or if I’m right or not but even if the census was accurate, this is a very rare coin with a growing collector and investor base as the forward march toward quality and rarity continues in the coin business.

Trades are welcomed and handled with discretion.


----------------------------------------------------------

NEW COINS ADDED - (The week of 12/19/2014)

1823/2 Bust 10C NGC MS65

1921-S Morgan $1 NGC MS66+. GEM SATIN WHITE

1921-S Morgan S$1 PCGS MS66. GEM BRILLIANT WHITE

J-1403 1875 20C Pattern PCGS PR65 CAC

J-1271 1873 25C Pattern PCGS PR65 CAM

J-1217 1872 $1 Pattern PCGS PR65RB CAC

J-1148 1871 $1 Pattern PCGS PR66RB

J-1060 1871 H10C Pattern PCGS PR65RB CAC

J-1112 1871 50C Pattern PCGS PR65RB. LONGACRE DESIGN

J-1060 1871 H10C Pattern PCGS PR65RB CAC

J-889 1870 25C Pattern NGC PF66+

J-1094 1871 25C Pattern PCGS PR64RB CAC

1877-S Liberty Seated 50C NGC MS65. TYPE 2 REVERSE. SCARCE DATE

1877-S Liberty Seated 50C NGC MS67+. HIGHEST GRADED

1877 Liberty Seated Half Dollar NGC PR66. GEM PROOF

1875 Liberty Seated 50C PCGS PR66

1897 Barber 50C PCGS MS66. LOVELY PATINA

1899 Barber 50C PCGS MS65. SATIN WHITE

1898 Barber 50C NGC PR67 DCAM. GEM WHITE ULTRA CAMEO

1946-S Walking Liberty 50C PCGS MS67 CAC. GEM SATIN WHITE

 

Very Truly Yours,

Tom Pilitowski
www.usrarecoininvestments.com
Toll Free:
1-800-624-1870
Email: TomPilitowski@yahoo.com


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