NGC
registry lists early gold coins Numismatic
News - April 13, 2010
The
Numismatic Guaranty Corporation has formed a new category
in its registry to allow collectors to list their early American
gold coins. Along with the opening of this new category at
NGC Registry is the inclusion of an early gold collection
named the American Independence Collection. It contains early
U.S. gold coins, as well as coins that circulated through
the colonies and were struck by the various states prior to
the opening of the first federal mint in 1792.
"The newly-created early
gold sets in the NGC Registry are definitely among the most
difficult to complete," said Scott Schechter, NGC vice
president, sales and marketing. "To attempt them is to
undertake a long and serious pursuit. This underscores the
achievement of the American Independence Collection, which
consists of high-grade and attractive examples of these challenging
coins. As it continues to grow, it should be a milestone Registry
collection."
This American Independence
Collection has been entered by dealer Tom Pilitowski, owner
of U.S. Rare Coin Investments in Port Charlotte, Fla.
Some
highlights of the collection are are a 1795 half eagle graded
Choice About Uncirculated by PCGS; a 1795 Eagle graded MS-60
by NGC, which was minted when George Washington was still
president; a 1796 Eagle in Choice About Uncirculated AU-55
also by NGC and an 1804 Eagle graded MS-63 by NGC. Gold Eagles
and half Eagles were designed by Chief Engraver Robert Scot
and feature the national Eagle on one side and a woman depicting
Liberty wearing a cloth cap with the legend LIBERTY on the
other.
One of the most interesting
silver coins from the American Independence collection is
a Massachusetts Pine Tree Schilling from 1652, the pre-Federal
era before the government mint was established and U.S. colonies
produced their own money. This schilling is from the famous
John Jay Ford collection and is graded MS-63.
"American Independence
is proving to be a high-quality collection that contains some
of the most valuable early U.S. gold and silver rarities that
were struck at the Philadelphia mint, as well as Colonial
coins that circulated in the 13 colonies at a much earlier
time," Pilitowski explained. "These coins are true
Americana."
The NGC Registry is the largest
coin registry of its kind, widely recognized as the definitive
showcase of the world's most valuable and important coins.
"American Independence is an important collection that
will take years to build and ultimately be worth millions
of dollars," Pilitowski said. "It will add increased
exposure and recognition for early American gold coinage,
a very special time in our county's numismatic history."