LibertyLiberty Coin Coin Service Service Computer Computer Quotes Quotes 2PM 2PM EDT EDT 4.7/204.7/20 Spot Spot Prices Prices Item Item Qty Qty Fine Fine Wt Wt Price Price Cost/Oz Cost/Oz Premium Premium *U.S.*U.S. 1 Oz 1 OzGold Gold Eagle Eagle 10 101.00001.00001,852.501,852.501852.501852.50 10.6%10.6% Gold:Gold: $1,675.50$1,675.50 *U.S.*U.S. 1/2 1/2Oz OzGold Gold Eagle Eagle 10 100.50000.5000 942.50942.501885.001885.00 12.5%12.5% :Silver: $15.24$15.24 *U.S.*U.S. 1/4 1/4Oz OzGold Gold Eagle Eagle 10 100.25000.2500 479.50479.501918.001918.00 14.5%14.5% Platinum:Platinum: $741.00$741.00 *U.S.*U.S. 1/10 1/10 Oz OzGold Gold Eagle Eagle 10 100.10000.1000 202.70202.702027.002027.00 21.0%21.0% Palladium:Palladium:$2,195.00$2,195.00 *U.S.*U.S. 1 Oz 1 OzGold Gold Buffalo Buffalo 10 101.00001.00001,862.501,862.501862.501862.50 11.2%11.2% *U.S.*U.S. 1 Oz 1 OzMedallion Medallion 10 101.00001.0000NotNot Available Available *U.S.*U.S. 1/2 1/2Oz OzMedallion Medallion 10 100.50000.5000NotNot Available Available Notes from Liberty By Allan Beegle *Australia 1 Oz Kangaroo 10 1.0000 1,782.50 1782.50 6.4% LCS Chief Numismatist *Australia 1 Oz Kangaroo 10 1.0000 1,782.50 1782.50 6.4% *Austria*Austria 100 100 Corona Corona 10 100.98020.9802NotNot Available Available Despite our reduction of hours and the *Austria*Austria 1 Oz 1 OzPhilharmonic Philharmonic 10 101.00001.00001,832.501,832.501832.501832.50 9.4%9.4%cancellation of four coin shows on three *Canada 1 Oz Maple Leaf 10 1.0000 Check for Availability consecutive weekends, March ended up *Canada 1 Oz Maple Leaf 10 1.0000 Check for Availability being our highest sales month in almost *Canada*Canada 1x25 1x25 Maplegram Maplegram 10 100.80390.80391,724.001,724.002144.552144.55 28.0%28.0%five years. From March 12th to the 23rd *China*China 30 Gram30 Gram Panda Panda 10 100.96460.9646NotNot Available Available we enjoyed several of our highest individ- *China*China 1 Oz 1 OzPanda Panda 10 101.00001.0000NotNot Available Available ual sales days ove r th e past several years. *Mexico 50 Peso 10 1.2057 Not Available The high volume came from customers *Mexico 50 Peso 10 1.2057 Not Available who almost all wanted to purchase bullion- *S. *S.Africa Africa Krugerrand Krugerrand 10 101.00001.0000NotNot Available Available priced precious metals. But, when Michi- *1 Oz*1 OzIngot Ingot 10 101.00001.00001,780.501,780.501780.501780.50 6.3%6.3%gan Governor Whitmer announced her “stay home, stay safe” order on March 24, *Austria*Austria 1 Ducat 1 Ducat 10 100.11070.1107NotNot Available Available our volume fell sharply. *British*British Sovereign Sovereign 10 100.23540.2354NotNot Available Available I am one of several Liberty staff now *France 20 Franc 10 0.1867 Not Available working from home. For the duration of *France 20 Franc 10 0.1867 Not Available this health emergency, we are only admit- *Swiss*Swiss 20 Franc20 Franc 10 100.18670.1867NotNot Available Available ting visitors on an appointment basis, one

$20 Liberty BU 10 0.9675 1,905.00 1968.99 17.5% at a time, to promote social distancing. $20 Liberty BU 10 0.9675 1,905.00 1968.99 17.5%Now, on weekdays we are open 9:30 AM- $20$20 St Gaudens St Gaudens BU BU 10 100.96750.96751,905.001,905.001968.991968.99 17.5%17.5%3:00 PM Eastern and on Saturdays from $20$20 Liberty Liberty Extremely Extremely Fine Fine 10 100.96750.96751,880.001,880.001943.151943.15 16.0%16.0%10:00 AM to noon. $10 Liberty Extremely Fine 10 0.4838 950.00 1963.62 17.2% Up until a couple weeks ago, we always $10 Liberty Extremely Fine 10 0.4838 950.00 1963.62 17.2%encouraged local customers to come to our $10$10 Indian Indian Extremely Extremely Fine Fine 10 100.48380.4838 960.00960.001984.291984.29 18.4%18.4%showroom in the Frandor Shopping Center $5 Liberty$5 Liberty Extremely Extremely Fine Fine 10 100.24190.2419 485.00485.002004.962004.96 19.7%19.7%to conduct their buying and selling trans- $5 Indian$5 Indian Extremely Extremely Fine Fine 10 100.24190.2419 495.00495.002046.302046.30 22.1%22.1%actions. For the time being, we are now $2.50 Liberty Extreme Fine 10 0.1209 325.00 2688.17 60.4% asking local customers seeking to make a $2.50 Liberty Extreme Fine 10 0.1209 325.00 2688.17 60.4%purchase to call us to confirm a transaction $2.50 Indian Extreme Fine 10 0.1209 300.00 2481.39 48.1% $2.50 Indian Extreme Fine 10 0.1209 300.00 2481.39 48.1%handled by mail-order delivery. To further encourage more local custom- *U.S.*U.S. 90% 90% Silver Coin 1,0001,000 71571514,830.0014,830.0020.7420.74 36.1%36.1%ers to switch to mail -order purchases, for *U.S.*U.S. 40% 40% Silver Silver Coin Coin 1,0001,000 2952955,530.005,530.0018.7518.75 23.0%23.0%now we have lowered the minimum order *U.S.*U.S. Peace Peace Dollars, Dollars, VG+ VG+ 1,0001,000 760760Not NotAvailable Available size to $2,000 to qualify for free shipping. *U.S. Silver Eagles 1,000 1,000 Check for Availability With all the uncertainty and unexpected *U.S. Silver Eagles 1,000 1,000 Check for Availability changes (and not working with other deal- *Canada Silver Maple Leaf 1,000 1,000 Not Available *Canada Silver Maple Leaf 1,000 1,000 Not Available ers face-to-face at major coin shows), we have still come up with some wonderful *100*100 Oz OzSilver Silver Ingot Ingot 10 10 1001001,889.001,889.0018.8918.89 24.0%24.0%bargains to offer you this month. First, a *10 *10Oz OzSilver Silver Ingot Ingot 100100 10 10 198.90198.9019.8919.89 30.5%30.5%Midwest dealer visited us earlier in March. *1 Oz*1 OzSilver Silver Ingot Ingot 1,0001,000 1 1 19.8919.8919.8919.89 30.5%30.5%While here, he told me about his recent acquisition of a fresh original 1,000 coin *1 Oz*1 OzPlatinum Platinum Ingot Ingot 10 101.00001.0000NotNot Available Available bag of 1923 Peace Silver Dollars. They *U.S. 1 Oz Platinum Eagle 10 1.0000 874.00 874.00 17.9% had been carefully preserved, allowing *U.S. 1 Oz Platinum Eagle 10 1.0000 874.00 874.00 17.9%him to submit more than usual to the NGC *Canada*Canada Palladium Palladium ML ML 10 101.00001.0000NotNot Available Available LCS Postage Charges Value of Contents Postage Charge LibertyLiberty Coin Coin Service Service CallCall Toll-Free: Toll-Free: (800)(800) 527-2375 527-2375 National National Under $100 $5 400400 Frandor Frandor Avenue Avenue (517)(517) 351-4720 351-4720 Local Local $100-249 $10 Lansing, MI 48912 (517) 351-3466 Fax $250-499 $18 Lansing, MI 48912 (517) 351-3466 Fax $500-999 $25 web:web: www.libertycoinservice.com www.libertycoinservice.com email: email: [email protected] [email protected] $1,000-1,999 $30 TradingTrading Desk Desk Hours Hours (Eastern): (Eastern): Mon-Fri Mon-Fri 9:30AM-6PM, 9:30AM-6PM, Sat Sat10AM-2PM 10AM-2PM $2,000 and higher None -over- Liberty CoinCoin ServiceService Computer Computer Quotes Quotes 2PM 2PM EDT EDT 4.7/204.7/20 Spot Spot Prices Prices

Coins, RollsRolls andand Sets Sets Gold:Gold: $1,675.50$1,675.50 U.S. 10 pc Gold Medallion Set, 1980-1984, BU Not Avail $15.24 U.S. 10 pc Gold Medallion Set, 1980-1984, BU Not Avail Silver:Silver: $15.24 U.S. , 1921, Brilliant Uncirculated Roll/20 $650 Platinum: $741.00 U.S. Morgan Dollar, 1921, Brilliant Uncirculated Roll/20 $650 Platinum: $741.00 U.S. Morgan Dollar, Pre-1921, Brilliant Uncirculated Roll/20 $860 Palladium: $2,195.00 U.S. Morgan Dollar, Pre-1921, Brilliant Uncirculated Roll/20 $860 Palladium: $2,195.00 U.S. Peace Dollar, Brilliant Uncirclated Roll/20 $525 U.S. Peace Dollar, Brilliant Uncirclated Roll/20 $525 Numismatic Coins (PCGS/NGC/ICG Graded) MS-63 MS-64 MS-65 dential Dollar And Silver Medal NumismaticU.S. $20.00 StCoins Gaudens (PCGS/NGC/ICG Graded) 1,985MS-63 2,045MS-64 2,180MS-65 Sets: In 2015, the US Mint tried an experi- U.S. $20.00 LibertySt Gaudens 2,0751,985 2,2602,045 2,7402,180 ment with all four of the Presidential Dollars U.S. $10.00$20.00 LibertyLiberty 1,0602,075 1,2252,260 2,4002,740 issued that year—honoring Truman, Eisen- U.S. $10.00 Liberty 1,060 1,225 2,400 hower, Kennedy, and Lyndon Johnson. It U.S. $5.00 Liberty 565 665 1,430 struck a Reverse Proof Dollar for each one, U.S. 4$5.00 pc Indian Liberty Gold Type Set 4,290565 5,390665 12,3901,430 where the bust, , and $1 had U.S. 4 pcpc LibertyIndian Gold TypeType SetSet 4,0604,290 4,5505,390 7,29012,390 reflective mirror surfaces and the fields were U.S. 84 pcpc GoldLiberty Type Gold Set Type Set 8,2904,060 9,7904,550 19,2307,290 frosty satin. It packaged them in a “Coin and Chronicles Set” with a 1 Ounce Pure Silver U.S. Morgan8 pc Type (Pre-1921) Set 8,29048 9,79056 11819,230 Medal honoring the same president. U.S. PeaceMorgan Dollar Dollar (Pre-1921) 3548 43 56 98118 Mintages were so modest—under 17,000 U.S. Peace Dollar 35 43 98 for the Truman and Eisenhower sets—so that Prices quoted are for quantities indicated, and are actual selling prices at today's they were almost guaranteed to trade for well Pricescloses. quoted Smaller are lots for are quantities available indicated, at slightly higherand are prices. actual No selling Michigan prices Sales at today's above the Mint’s issue price of $57 per set. closes.Tax on rare Smaller coins lots or precious are available metals at bullion. slightly Numismatichigher prices. purchases No Michigan have Sales By far, these two coins are the lowest mint- a 14 day return period. Orders for bullion-priced items (marked with *) are not age of any of the Presidential Dollar series. Tax on rare coins or precious metals bullion. Numismatic purchases have They are also the two lowest mintages for returnable and, after confirmation, cannot be cancelled. a 14 day return period. Orders for bullion-priced items (marked with *) are not any Reverse Proof Dollar coins. returnable and, after confirmation, cannot be cancelled. The Mint experienced so many complaints from people who were unable to order these sets (the Truman set sold out in 15 minutes). grading service. More than usual came back mind you to promptly review our offerings. Because of the Mint’s technical glitches with graded Superb Gem Mint State-66 quality. Then, call our Trading Desk toll-free at its marketing technology, it stopped issuing We have been looking for solid quality prob- 800-527-2375 to check on availability and to more of these Coin and Chronicles Sets until lem-free MS-66 Peace Dollars for several place your order. one for President Reagan at the end of 2016. years, with very little success. When I asked Beyond these coins and notes, here are The Mint also issued Reverse Proofs for about purchasing all of the MS-66 grade coins other new treasures in our inventory: each issue of the American Innovation Dol- that met our strict quality standards, we were 2013 Great Britain Gold 1 Pound lar series that began at the end of 2018. able to get together on price. When the coins Perfect Proof-70 Ultra Cameo: The We now have one set each of the Truman arrived, we returned several to the seller as and Eisenhower Coin and Chronicles Sets. not attractive enough. Those that remain are Royal Mint struck 5,750 of the 2013 Gold 1 Pound coins, each containing 1/20 Oz of The Truman pieces have been certified by more than we had accumulated over the past NGC, with the coin grading Near Perfect-69 five years combined! Best of all, the price is pure gold. We just picked up 5 specimens newly certified Perfect Proof-70 Ultra Cam- and the medal MS-69. Both holders are almost irresistible. marked “Early Releases.” The Eisenhower We had also picked up a few specimens of eo by NGC. A seller on eBay has another example listed at $259 as a buy it now price. specimens are also graded Near Perfect US Small-Size Star Notes that have been Proof-69 and MS-69 by PCGS, with the popular with our customers whenever we can Another sold on eBay in January for over $175. You can purchase one or more of our holders noted “First Strike.” As a bonus, find them. Then, a long-time knowledgeable both of these sets come with the original US collector offered us a treasure trove of low- beautiful small gold coins for just $139 each today. Mint packaging in which the sets were population Note Stars. In shipped. You can own the Truman set for one trade, we acquired notes so scarce it Franklin Mint America In Space Whenever $119 and the Eisenhower set for $109, less would take years decades to duplicate. Sterling Silver Proof Set: than the few places you may find them for Working from home enables me to devote we acquire one of these 24-piece sets, they seem to sell almost instantly. The first 12 sale elsewhere. more time to talking with dealers and whole- salers across the country and reviewing their medals honor unmanned flights from God- Lovely Early Hong Kong Cents: dard’s first rocket to the lunar orbiter. The In a collection where we acquired other inventory lists. This has made it possible for coins offered this month, we also picked up us to continue to pick up a number of Fresh second 12 feature manned flights from the Mercury to Apollo programs, culminating in some high-grade early Hong Kong Cents, a Bargain Rarities. Once more this month, we denomination only struck in occasional can offer some incredibly rare coins that are the Apollo 11 first moon landing. This set comes packaged in a custom album. Silver years. Both are NGC-certified. The 1904-H among the finest we have ever handled. LCS grades Choice Mint State-63 Red and General Manager Tom Coulson and Inventory content is approximately 19 troy ounces. At $380 (about $20 per ounce), that is less than Brown. The 1931 grades Gem Mint State-65 Manager Paul Manderscheid between them Red and Brown. Both coins exhibit a large also acquired some exceptional ancient Greek you would pay for many bullion-priced sil- ver coins and ingots. amount of original Mint Red. The NGC and Roman coins that are included in this list. populations for the grade or higher are 127 Several of last month’s featured offers sold The First Two 2015 Coin And and 54, respectively. The 1904-H is availa- almost instantly. Therefore, I’d like to re- Chronicles Reverse Proof Presi- ble for $100, the 1931 for $80.

a result, a bit of the crest above Athena’s hair on the obverse and the very top points of the letters A Fresh Bargain Rarities! and E on the reverse are missing. Athena is the patron goddess of Athens as well as the By Tom Coulson, LCS General Manager, and Allan Beegle, goddess of wisdom and strategy. The Owl on the reverse LCS Chief Numismatist was the original symbol of Athena before Greek gods and Coin shows have been almost all cancelled around the goddesses were given human form. world. Even traffic in our showroom has come to almost We have seen other dealers asking $1,500 or more for a complete stop. Still, we are receiving more phone calls coins of this quality. We wish we could have more coins than ever from many of the same coin dealers we would of this beauty and condition at our money-saving price. see at shows or in our showroom. As a consequence, we have had the opportunity to continue to acquire some Ancient Greece Silver Didrachm, Islands of Caria, significant numismatic rarities, both in coins and paper Rhodes, circa 300-250 BC, money. Choice Very Fine with Strike Dealers and wholesalers across the country know we 4/5 and Surface 4/5, NGC— like quality coins with some rarity to them, and can pay $495. After Rhodes was con- for them with reliably fast checks. In uncertain markets quered by Alexander the Great, such as we are experiencing now, solid long-term rela- wresting it from Persian domi- tionships and a dependable financial reputation pays nation, it managed to stay inde- dividends. pendent among the three dyn- We have selected some of the best bargains among a asties established from his em- wide variety of fresh purchases. All coins offered here pire after Alexander’s death. have been independently certified by either the Profes- From its key location in the sional Coin Grading Service (PCGS) or Numismatic center of the eastern Mediterra- Guaranty Corporation (NGC) as well as meeting our own nean, it effectively became the strict quality standards. top trading port in the region. Some coins offered here are among the finest speci- It eventually negotiated to be an mens we have ever handled. ally of the Roman Republic in Review these one-of-a-kind beauties. Find your favor- the 2nd Century BC. ites. Then call our Trading Desk toll-free at 800-527- The obverse depicts the Sun 2375 to check availability and confirm your order. (Note Gold Helios, who in mythology that we are now closing at 3PM Eastern weekdays and at sired the islands of Rhodes. noon on Saturdays for the duration of Michigan’s “Stay The reverse depicts a rose, sym- Home Stay Safe” order. Refer to our Computer Quotes bol of Rhodes. At the top edge page for the postage costs. of the reverse is the word For fastest shipment, you can use your Discover, Mas- “Rodion” which still partly visi- tercard, or Visa credit cards for payment. As with all of ble. A bunch of grapes are at our numismatic offerings, you must be satisfied. You the left of the rose. This pieces have 14 days upon your receipt to return them for a full, is exceptionally well centered no-questions refund. for the issue. The state or Rhode Island may have derived its name Ancient Coins from Rhodes.

Ancient Greece Silver Tetradrachm, Athens, circa Ancient Roman Republic Silver Denarius, L. Titur. 440-404 BC, About Uncirculated with Strike 4/5 and Sabinus, circa 89 BC, Choice Very Fine with Strike Surface 4/5, NGC—$1,250. This is one of the finest 5/5 and Surface 4/5, NGC—$350. In the days of the Athenian Owl Tetradrachms we have ever handled. Roman Republic, a different moneyer was appointed al- Technically, it may grade Mint State as you can still see most every year to vouch for the weight and purity of the the flow lines clearly on the reverse (which wear off coinage and oversee production. This coin is amazingly quickly after coins enter circulation). Every detail is well centered—about as nice as you could ever hope to needle-sharp. The coin weighs 17.21 grams which is full find. weight with no metal clipped off. The obverse bears the bust of Sabine Titus Tatius Perhaps along the only with his negative family you can name of say about Sabin. this coin The re- is that verse the depicts planchet, the god- like many dess others, is Victory thicker (Nike) than av- driving erage. As a two- horse chariot called a biga. Below the horses is “L Titvs.” PCGS Retail is at $1,650. Coin Values only catalogs this This piece is an exceptional example of Roman Republic coin as high as Proof-63 condition, which lists at $1,150. coinage. 1861 $5.00 Liberty, Very Choice About Uncirculated US Coins -58, NGC—$1,095. We have had two other specimens of this Civil War-dated coin in the past couple of years, and 1864 Seated Liberty , Choice Proof-63 always had multiple potential buyers. With gold prices Cameo, NGC—$625. Mintage is a meager 470 coins. somewhat higher now than when we offered the last Being from a Civil War year, it is always popular with col- piece, it costs a little more. Still this is a solid-quality lectors. As the War wore on, US coin mintages plummet- attractive coin sure to please the fussiest collector. Com- ed. Only 48,000 specimens were struck by the Philadel- bined, PCGS and NGC have certified just 905 of this date phia Mint for circulation purposes this year. in this grade and only another 592 in all higher grades— This may be the only Proof specimen we have ever han- demonstrating that the mintage of 688,084 almost all dled. It has an awesome look, being near white in the went into circulation. center on both sides turning to a moderately heavy me- PCGS Retail is $1,100 while Coin Values is $1,500. This tallic blue at the periphery. one is bound to sell quickly. Over the past 34 years, PCGS and NGC together have certified 309 pieces in Proof-63 and all higher grades, but 1893 $5.00 Liberty, Choice Mint State-63, NGC— only 60 of these with Cameo or Deep Cameo contrast be- $565. This date has a high mintage of more than 1-1/2 tween the fields and devices. PCGS Retail is $675, while million. PCGS and NGC have certified 4,973 specimens Coin Values catalogs a non-cameo specimen at $575. MS-63+. That does not make it a rare date, but it is more difficult to find in top quality than the 11,371 MS-63 1854-O Arrows Seated Liberty Half Dollar, Choice 1900 coins graded MS-63 or nicer by the two services. Mint State-63, NGC—$1,295. In 1853, the US Mint Best of all, you can acquire this coin, with a desirable reduced the silver content in Half Dollars by about 6.9%. 19th Century date, for the very same price as the com- To draw attention to the change, that year arrows were mon-date coin. placed on both sides of the date on the obverse and rays PCGS Retail and Coin Values are both struggling to surrounded the eagle on the reverse. In 1854 and 1855 catch up to rising gold prices and higher demand. They the rays were eliminated but the arrows remained. catalog this coin at $560 and $550, respectively. In the coinage-starved Southern states, almost all coins were put into circulation. So, despite 1903-O $10.00 Liberty, Mint State-60, NGC— an impressive mintage of 5,240,000, PCGS and NGC $1,075. We had a few nice specimens not long ago that have together certified a paltry 272 coins in Choice MS- sold quickly. Imagine our delight when a long time col- 63 and all higher grades. lector recently brought this solid-quality specimen into This coin has a mostly golden-brown toning across the our showroom. Yet, including this lovely coin, we have center of the obverse and all of the reverse. It gradually still handled fewer than ten 1903-O $10.00 Liberties in changes to brown toning at the top and bottom of the all grades over the past quarter century. front, attesting to its original surfaces. At a quick glance, Mintage is 112,771. PCGS and NGC combined have the coin appears to be of higher grade. certified 2,174 Mint State exam- PCGS Retail catalog is $1,450 while Coin Values is at ples. It is more than 18 times $1,400. Only 1 coin of this grade has appeared in major rarer than the 1901-S $10.00 auctions in the past 30 months, for which the new owner Liberty in all Mint States grades, paid $1,560. yet your cost is within $100 of what you would pay for the 1901- 1891 With Motto Seated Liberty Half Dollar, Very S in the same condition. Choice Proof-64, PCGS—$1,395. The final year of the PCGS Retail catalogs this coin at Seated Liberty coinage saw the second lowest mintage of $1,035 while Coin Values is at Half Dollar Proofs—just 600 pieces. This coin has origi- $1,000. nal moderately heavy toning, with a mixture of red/gold/ brown in the center of both sides that merges to midnight blue around the periphery. Together, PCGS and NGC have certified only 266 examples in Proof-64 and all high- er grades. The Only “Common-Date” Morgan Or Peace Silver Dollar To Earn Liberty’s “High Recommendation” For Appreciation Potential!

Superb Gem Mint State-66 1923 Peace Silver Dollars! By Allan Beegle, LCS Chief Numismatist NGC populations among Peace In early March, a Midwest dealer friend stopped by our Dollars, merited a High Rec- store to visit. While he was here, he mentioned that he had ommendation for appreciation recently acquired an original 1,000-coin bag of US 1923 potential in Superb Gem Mint Peace Silver Dollars. From the way they had been stored, State-66 quality! my friend saw that the coins were obviously put aside un- The 1881-S Morgan Silver touched decades ago. Seeing the superior condition of the Dollar, the Common-Date of that coins, he made a strong offer and purchased the entire group. series has more than six times as He then sorted the nicest specimens to submit to the Nu- many specimens certified by mismatic Guaranty Corporation (NGC). A larger than typi- PCGS and NGC in MS-66 or cal quantity came back graded Superb Gem Mint State-66. higher grades. It only merits an Unlike too many Peace Dollars that exhibit unattractive Undervaluation Index™ of 6, milk spots (caused by improper preparation of the planchets barely meriting a Recommended at the Mint), he told me these coins were lustrous and eye status. The 1923 Peace Dollar, appealing. in contrast, has an Undervalua- That had my attention. When we check through dealer in- tion Index™ of 11, earning our ventories, often only 5-10% of Higher grade Mint State High Recommendation for ap- Peace Dollars have nice luster, do not have distracting milk preciation potential. spots, and are beautiful. When we asked if he could offer the Even more intriguing is what has happened to the prices of group at a discounted price to take all the MS-66 coins that the 1881-S Morgan Dollar and 1923 Peace Dollar in MS-66 met our strict standard, he agreed to ship them from home. condition since the last major market peak in mid-1989. When the coins arrived, they proved to be an exceptional Both now sell for a huge discount from their former peak lot. Still, because of our fussy quality requirements, almost prices. However, the 1923 Peace Dollar sells at a much 1/3 were returned as not being up to our standards. greater discount to its peak price than the 1881-S Morgan. The quantity we kept represents the largest group of Su- It can be difficult analyzing auction records for Peace Dol- perb Gem Mint State-66 Peace Dollars we have ever had in lars, because so many coins sold have unattractive milk spots inventory. or subdued luster. Still, this is a common enough coin that a Even More Good News! When LCS Communications number of pieces have sold in major auctions over the past Officer Patrick A. Heller learned of this group of fresh high month. Many if not most sold for at least $300 up to as high quality Peace Dollars, he decided to update his Undervalua- as $380. Even the ugliest examples still sold for at least tion Index™ analysis of the best values of the Peace Dollar $230. For lustrous eye-appealing quality of these coins, series in grades Choice Mint State-63 through Superb Gem our price of $295 each is almost certainly a bargain. Mint State-66. Even though this is the largest group of MS-66 Peace Dol- The results surprised him. In prior analyses of Morgan and lars we have ever had, supplies are still limited. Before ac- Peace Dollars, and several series of US Gold coins, almost quiring this group, we have been seeking beautiful speci- all of the common-date issues of each series would come out mens of MS-66 Peace Dollars for at least a decade—maybe as Not Recommended for appreciation potential. Occasion- finding only five coins per year of the right quality and at a ally a common-date issue would merit our Recommended money-saving price. When this group has sold, we don’t status, which is only one step up from Not Recommended. know how soon we may find other equally beautiful exam- He had not before found that the Common-Date issues of ples. Consequently, we must limit orders to five (5) coins any series in any grade having the High Recommendation or per customer. Highest Recommendation Undervaluation Index™. Call our Trading Desk Today! Reach us toll-free at 800 Until this time...the 1923 Peace Dollar, that has the -527-2375 to check on availability and to confirm your or- highest Professional Coin Grading Service (PCGS) and der. Please refer to our Quotes Page for postage charges. Comparison Of Common-Date Super Gem Mint State-66 Morgan And Peace Silver Dollars

Undervaluation June 1989 PCGS Coin LCS Silver Dollar Mintage PGCS/NGC MS-66+ Population Index™* Price Retail Values Price 1881-S Morgan 12,760,000 43,076 6 $1,700 $225 $225 $199 1923 Peace 30,800,000 6,378 11 $4,200 $400 $375 $295

* Undervaluation Index™ for 1881-S Morgan as of April 2018; for 1923 Peace as of April 2020 If you check the list, PMG has certified just 57 specimens or fewer in all grades of More Quality US Small the Federal Reserve Star Notes in this offer, with several having total PMG pop- ulations of less than 20. If these were US coins, their prices would be in the thou- Size Star Note Rarities! sands or tens of thousands of dollars! Many notes offered here are the finest we by Patrick A. Heller, LCS Com- have ever had in inventory. For many of the Federal Reserve Notes, it munications Officer, and Matt is the only specimen we have handled! Foltz, LCS Numismatist, eBay Sales, Currency Specialist To view full-color photos of every note listed here, go to Our offerings of US Star www.libertycoinservice.com and click on “Current Issue” under the Notes have been extremely “Newsletter” headline at the right side of the home page. popular over the past two By the way, the proportion of surviving star notes is greatest for the years, with many complete lowest denominations—the sellouts. $1.00 and $2.00. When the Once the Bureau of Engraving and Printing affixes serial numbers public sees the Star in the to the notes part way through the printing process, it keeps the counts serial number, it is not unu- intact. If any notes are later found to be defective, they are replaced sual for them to set is aside with notes bearing a star (to keep the serial number of these substitute as a novelty. However, notes distinct from regular notes). The earlier Star Notes have the star higher denomination notes, (or  and often noted in text with *) at the end of the serial number, with greater purchasing while later Star Note serial numbers begin with the star. power, were rarely saved by Star Notes normally make up only 1% or less of an issue of US the public. As a conse- currency released into circulation. quence, $50.00 and $100.00 Star Notes are especially scarce and high- Each note offered here has been certified by the Paper Money ly prized by collectors. Guaranty (PMG), an affili- With all notes being one-of-a-kind, we eliminated the order blank. ate of the coin certification Please call to check on availability and lock in your purchase. Call service Numismatic Guar- our Trading Desk today, toll-free, at 800-527-2375. Consult the anty Corporation (NGC), or chart on the Computer Quotes page for postage charges. For fastest by PCGS Currency (PCGS) shipment, use your Visa, Mastercard, or Discover charge cards to have as well as meeting our own your purchase shipped to the credit card billing address. (Note: Michi- strict quality standards. gan customers must add 6% Michigan sales tax). As you can see in the list As with all of our numismatic items, your satisfaction is guaran- below, there are many US teed. You have 14 days upon your receipt to return these notes for a Small Size Federal Reserve Notes from the 1928 and 1934 Series full, prompt, no-questions refund. where the number of surviving specimens is far lower than most col- Note: For Federal Reserve Bank Notes and Federal Reserve Notes, lectors realize. We are fortunate to be able to offer this many speci- the first letter (A through L) after the Friedberg number identifies the mens because they were acquired recently from a savvy long-time Federal Reserve District; other letters identify varieties: dgs-dark collector. Without this opportunity, it would have taken us years to green seal, lgs-light green seal, m-mule, nb-new back, W-wide star. locate this many rarities.

Quality US Small Size Star Note Rarities PMG Population* for LCS Denomination/Series Fr# Grade Service Lower Grades/Grade/Higher Grades Printage Price US Legal Tender Notes $2.00 Series of 1953-C 1512* CU-64 PCGS 270/45/512=827 total 360,000 $69 $5.00 Series of 1953 1532* CU-65EPQ PMG 88/12/13 =113 total 5,760,000 $350

US Silver Certificates $1.00 Series of 1935-E 1614* CU-66PPQ PCGS 659/105/23=787 total approx. 225,000,000 $89 $10.00 Series of 1934-A 1702* VF-35 PMG 39/8/33=80 total 576,000 $275

US Federal Reserve Bank Notes $20.00 Series of 1929 1870-J* VF-30 PCGS 7/2/4=13 total 24,000 $750

US Federal Reserve Notes $10.00 Series of 1934-B 2007-C* VF-25 PMG 0/1/16=17 total * $125 $10.00 Series of 1934-C 2008-CW* CU-63EPQ PMG 7/3/28=38 total * $235 $10.00 Series of 1934-C 2008-HW* VF-25 PMG 0/1/13=14 total * $79 $20.00 Series of 1934 2054-Ilgs* EF-40 PMG 10/2/5=17 total * $695 $20.00 Series of 1934 2054-Idgs* VF-25 PMG 3/6/15=24 total * $175 $20.00 Series of 1934-A 2055-Lm* VF-20 PMG 1/1/2=4 total * $395 $20.00 Series of 1934-B 2056-J* VF-35 PMG 2/1/2=5 total * $425 * $20.00 Series of 1934-C 2057-Bnb* AU-55EPQ PMG 0/2/2=4 total * $350 $20.00 Series of 1934-D 2058-GW* VF-20 PMG 0/1/4=5 total * $105 $50.00 Series of 1934 2012-Bdgs*AU-58 PMG 10/2/3=15 total * $1,200 $50.00 Series of 1934-C 2015-C* VF-35 PMG 3/1/4=8 total * $495 $100.00 Series of 1928 2150-G* VF-30 PMG 20/9/28=57 total * $495 $100.00 Series of 1934-A 2153-Bm* VF-25 PMG 1/4/30=34 total * $350

* PMG population data as of April 6, 2020, Printage information not available