October 9th 2013

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1804 1/2C PLAIN 4, NO STEM PCGS MS63BN C-13 B-10 R.1 Thoughts on "The Forbidden Fruit" of Numismatics... and Russian Humor... and a Punk Rock Band

I was reading an article on the trip home from a coin show recently. It reminded me (surprise!) of coins.

The article was a review of a just published book. This book was written to help foreigners planning a visit to Russia to understand the subtleties of Russian culture.

OK - I'll admit it. On the surface that doesn't seem to have much to 1793 WREAT 1C LETTERED do with numismatics. And truthfully, it doesn't. EDGE PCGS AG03BN CAC S-11b or S-11C But the article quoted a favorite joke of the Russian people. This joke (cant see all of the edge in the is supposed to help illustrate the tenacious world view of the typical slab) Russian citizen.

And here it is (by the way - the Russian word for joke is "anekdot". And you thought no one learns anything from reading our newsletter?).

How do you make a Russian jump into the Seine River? Tell him that swimming there is forbidden.

And while you wipe away the tears of laughter from your eyes, I will tell you why that joke makes me think of coins. That bold Russian 1793 WREAT 1C VINE AND attitude about exploring "The Forbidden" also permeates the thoughts BARS ED PCGS GEN S-6 R.3 of many/most/all numismatists.

Think about it. Here are some of the most desired and desirable coins in US numismatics. They are also illegal to own:

1933 Double Eagle 1964-D Peace Dollar. 1974 Aluminum Pattern Lincoln Cents Certain "non-accidental" spectacular error coins 1793 WREAT 1C VINE AND You could probably throw other coins like 1804 dollars, 1913 Liberty BARS ED PCGS GEN S-5 R.4 nickels, and even patterns into that group as well, as they could arguably have been on the "confiscation bubble" ( a term I just made up) at one time or another in our history.

The Most Dangerous Blob of Metal in America

Everyone knows that when you tell a little kid that the freshly made cookies cooling on your kitchen counter are for guests only, and not for them, they will think of nothing else until they can get their sticky little hands on them. It is a characteristic of most if not all humans, and something we probably never grow out of. 1859 1C PCGS PR64

The most egregious example of this coin-wise is the situation with the 1933 $20 gold pieces. In case you haven't been keeping up with coin news over the past few years, here is a summary (with my own unbiased views carefully concealed):

The US Government, in its wisdom, decreed that its citizens may possess any date of $20 gold piece that you wish to. Obviously. It is your right as an American.

Er, as long as it is not dated "1933".

No - we wouldn't want that. No sir-ee. We will bring down the full wrath of the most powerful nation on earth to anyone who would dare to possess a $20 gold coin with the date "1933" on it. 1877 1C PCGS MS65RB CAC

What about if I want a ten dollar gold piece dated 1933, you ask? Well, those are perfectly fine, of course! Enjoy them with your friends.

But woe to you who dare to possess the 1933 $20's. Why - the future of this great country would be imperiled. Somehow. Or some such nonsense.

In all fairness to the US Treasury, who mint these coins that we love so much, it is alleged that the 1933 Saints were stolen and that my friends 1909-S VDB 1C PCGS is a horse of a different color. None the less the coins exist and I MS65RB CAC suggest that the coins be sold into collectors' hands and the proceeds go to charity, thus legitimizing this treasured and forbidden fruit.

Perhaps I should mount a quixotic quest to make those 1933 $20's legal. Or instead of doing that -- I could just grab a beer and watch the final season of Breaking Bad on Netflix. Hmmm; tough choice.

Speaking of a Ban on Ownership...

During the gold confiscation in the 1930's one way to keep your gold from being confiscated was to become a coin collector. Astute banker 1909-S VDB 1C PCGS and businessman Louis Eliasberg did just that, and it eventually led him MS65RD CAC to build the greatest collection of US coins ever formed.

So I guess we collectors do have something in common with your typical Russian citizen. In addition to enjoying those hilarious jokes they tell, we share a desire to possess the Forbidden Fruit.

Once again - another installment of:

"Dave - what else do you have in stock right now that is really neat?" 1864 2C SMALL MOTTO PCGS MS64BN CAC Here are some coins I hand selected from our inventory that will make you sit up and take notice:

1864 2C LARGE MOTTO PCGS MS65BN CAC FS-1901

1793 WREATH 1C LETTERED EDGE PCGS AG03BN CAC

A wonderful Wreath medium brown in color with the date showing, 1884 3CN PCGS VF20 though weak. Finding affordable Wreath Cents that have been approved by CAC is difficult. How difficult, you ask? Well, this coin is the only Lettered Edge Wreath Cent that has been approved by CAC in AG03. In fact, CAC has only approved 14 Lettered Edge wreath cents in all grades. This is either a Sheldon 11b or S-11c; we cannot see all of the edge in the slab to be certain. CAC Approved!

1821 10C LARGE DATE PCGS VG10 CAC JR-2 R.6+

1827 1C PCGS XF40BN CAC N-5 R.2

A great looking, crusty and original coin with wonderful chocolate 1804 25C PCGS G06 B-1 R.3 color and the look of a coin that has been in an old time collection for decades.

1921 25C PCGS MS65 CAC

1850 1C PCGS MS65RB N-10 R.1

A large amount of mint red on a date that traditionally has been quite difficult to find as such. The 1850 is much less frequently seen with lots of mint red than some of the other large cents dated in the 1850's, 1806 50C POINTED 6, NO ST but it is available at the same price. Lots of coin for the money. PCGS AU53 O-109 R.1

1807 50C SMALL STARS PCGS VF35 O-113A R.3

1877 1C PCGS MS65RB CAC

Nearly full mint red on this key date Indian cent. One could make a case for calling this full mint red, in fact. No matter; here it is, and it comes with both a CAC sticker and an Eagle Eye Photo Seal and certificate. 1821 50C PCGS AU58 CAC O-106A R.2

1827 50C SQUARE BASE 2 PCGS GEN O-1024 R.5+ Overton Plate Coin 1873 2C OPEN 3 PCGS PR64RB CAC

Here is the key date two cent piece, housed in a older PCGS green tag slab from circa 1995. it is the less frequently seen Open 3, and has veen verified as to grade by CAC.

1836 50C LETTERED EDGE PCGS VF30 O-121 R.5+

1937-D 5C 3 LEGS NGC MS64 1798 $1 LARGE EAGLE PCGS XF40 BB-124 R.2 This is one of those coins that most collectors who start as kids want to have - along with such other key coins like the 1909-S VDB and the 1877 cents, and a 1916-D mercury dime. And this is a wonderful example in a perfect grade for many folks; after all, circulated coins cost nearly $2000 and the next grade up costs more than triple what this near-gem is priced at.

1802 $1 PCGS XF40 BB-241 R.1 1846-O $1 PCGS AU53

1795/1795 50C RECUT DATE, 3 LE PCGS F12 O-111 R.4

Here is a naked eye mint mistake from the very early days of the Philadelphia mint. As you can see from the shattered reverse die, die steel and coining/engraving expertise were scarce, and took a back seat to simply getting the product out the door and into the hands of the citizens of our new nation. 1859 $1 PCGS PR63CA

1871-CC $1 PCGS F12

1827 50C SQUARE BASE 2 PCGS AG03 O-148 R.6+

With about 15 or so specimens known in all grades, this well worn bust half is among the rarest of the die varieties we have in stock at the moment. But with over 200 bust halves listed and pictured on the site, 1878 7TF $1 7TF, REVERSE there are few places on the planet where you can choose from so OF PCGS MS65 CAC many specimens.

1911-D $2.50 STRONG D PCGS MS61

1849 $1 PCGS VF35 CAC

A perfect example of what some collectors have started to call a "Circ Cam". For those unfamiliar with the term, it refers to a crusty, original coin with deeply toned fields and lighter toning on the devices. It has somewhat of a "cameo" look - thus a new term was "coined". A lovely coin for those who value originality. CAC agrees, and you are 1927 $2.50 PCGS MS65 likely to as well.

1874 $3 PCGS MS61 CAC

1890-S $1 NGC MS66 CAC

A beautiful example of a great date - very tough in full gem condition, as offered here. Very attractively toned and CAC approved as well. 1883 $3 PCGS MS63

1847-C $5 PCGS VF30

1923 $1 PCGS MS65 CAC

Do you realize how difficult it is to find wildly toned Peace Dollars? No one is quite sure why, but they appear only a tiny fraction as often as their Morgan dollar counterparts do. Here is a lovely gem uncirculated example, and it sports a CAC verification sticker too.

1873 $5 OPEN 3 PCGS MS64

CAC

1862 $10 PCGS AU55

1838 $5 PCGS AU53 MCCLOSKEY-1

A nice example of a better date in the short and completable series. Despite being much tougher than the earlier dates it sells for only a modest premium.

1872-S $10 PCGS AU50 1928 50C HAWAIIAN PCGS MS65 CAC

1799 $10 LARGE STARS OBVE PCGS VF25 BD-10 R.3

Early gold coinage is one of the holy grails of US numismatics. Everyone wants to add a piece to their collection, with the cost is often prohibitive. This coin, which is more worn than most other gradeable specimens but otherwise wholesome, might fit the bill. These early $10's are large - roughly the diameter of a $20 gold coin. And the "magical" date in the 1700's completes the picture for folks 1904 G$1 LEWIS AND CLARK who might want just one. PCGS MS65+

1900 $1 LAFAYETTE PCGS MS64 CAC

1723 2PENCE ROSA AMERICANA PCGS MS63 CAC Over 800 Coins Now Available at HLRC.com Quite a rare issue in this lofty grade, especially with this much original mint "red" (actually, the original color of these coins was a brilliant Click Here to see our golden hue). It is quite unusual to find specimens after 290 years that complete list of New retain this much original mint bloom. There is an excellent new Purchases! reference book out on the Rosa Americana series, which was written by Syd Martin. It makes this fascinating series more accessible and collectible than ever before. You can find and order it on the colonialcoins.org website. Check it out; you might just start a Links collection of these coins that were struck to circulate in the "American Show Schedule Plantations". This coin has been verified by CAC. New Purchases

Sincerely, Dave [email protected]

Over 800 Coins Now Available at HLRC.com

Click Here to see our complete list of New Purchases! These coins will be listed on our website in the coming days....If you see anything of interest contact us Inventory Highlights immediately for First Shot to ensure you don't miss out!

Contact [email protected] or [email protected]

1804 1/2C CROSSLET 4, STEM PCGS MS61BN 1793 WREAT 1C VINE AND BARS ED PCGS VF25BN S-5 R.4 1817 1C 13 STARS PCGS AU55BN 1820 1C LARGE DATE PCGS MS65BN N-13, R.1 1857 1C FLYING EAGLE PCGS MS64 1864 1C COPPER-NICKEL PCGS 1793 Chain 1C America PCGS AU55 S-3 Low R.3 AU58 Sheldon 3, low rarity 3. It is with great pride that we offer this 1866 1C PCGS MS65RB magnificent example of our first one cent coin. It is fresh to the 1867 1C PCGS MS65BN market, and has all the attributes that even the fussiest of collectors 1872 1C PCGS XF40BN look for in a chain cent: beautiful brown color; hard surfaces 1872 1C PCGS AU58BN completely devoid of roughness, porosity or corrosion; the absence of 1873 1C OPEN 3 PCGS XF40BN significant marks; and it even retains some cartwheel luster. Folks -- it 1873 1C OPEN 3 PCGS MS66RB just doesn't get much better than this; not without spending several 1873 1C CLOSED 3 PCGS MS65RB hundred thousand dollars more, anyway. 1873 1C DOUBLED LIBERTY PCGS XF40BN 1874 1C PCGS AU50BN $159,500 1877 1C PCGS VG10BN 1877 1C PCGS MS64RB It is unusual if not unprecedented that there would be 1886 1C VARIETY 1 PCGS AU53BN examples of all three silver denominations of the 1899 1C PCGS MS64RB Maryland colonial coinage for sale at once. And these 1909-S 1C INDIAN PCGS G06BN three are exceptionally nice specimens. The Lord 1909-S 1C INDIAN PCGS MS65RB Baltimore groat is the rarest of the three 1914-D 1C PCGS VF30BN denominations, but the other two are quite scarce as 1926 1C PCGS MS67RD well. 1955 1C DOUBLED DIE OBVE PCGS AU58BN 1955 1C DOUBLED DIE OBVE PCGS MS64BN 1922 NO D 1C STRONG REVERSE PCGS XF40BN 1915 1C PCGS PR66BN 1869 2C NGC MS66RB 1871 2C PCGS AU50BN 1871 3CS PCGS PR63 1884 3CN PCGS XF40

1900 5C PCGS PR67 1659 Lord Baltimore 4 Pence PCGS VF35 CAC 1943/2-P 5C PCGS MS65 W-1010, R-5+ 1846 H10C PCGS G04

1863 H10C PCGS AU55 First of our very tough 17th century Maryland Lord Baltimore 1796 10C PCGS G04 denomination set. Original, lustrous and nicely toned example of this 1802 10C PCGS F02 rarest silver issue. CAC Approved 1802 10C PCGS AG03 R.2, R.5 Ex Doyle Galleries 1983 Loye Lauder sale. 1811/9 10C PCGS G04

1889 10C PCGS AU58 $49,500 1916-D 10C PCGS AG03

1921-D 10C PCGS F12 1937 10C PCGS MS68FB 1942/1 10C PCGS VF20 1875-CC 20C PCGS AU55 1875-S 20C PCGS MS64 1875-S 20C PCGS MS63 1834 25C PCGS XF40 1835 25C PCGS XF45 B-1,R.1 1906-D 25C PCGS AU55 1659 Lord Baltimore 6 Pence PCGS F15 1913-S 25C PCGS VG10 W-1060, R-5 1913-S 25C PCGS MS65 1914-D 25C PCGS VF35 Very original with the look of VF. 1917 25C TYPE 1 PCGS MS66FH $11,500 1917-D 25C TYPE 1 PCGS MS65FH 1937-S 25C PCGS MS67 1940-D 25C PCGS MS64 1943 25C PCGS MS67 1795 50C 2 LEAVES PCGS VG10 O- 107a,R-5 1801 50C PCGS F12 1802 50C PCGS XF40 O-101 R.3 1808 50C PCGS VF35 O-110 R.5 1812 50C PCGS AU55 O-104B R6? 1815/2 50C PCGS VF20 1815/2 50C PCGS XF40 O-101 R.2 1659 Lord Baltimore Shilling PCGS AU50+ W-1080, R-5 1817 50C PCGS VF25 O-106a,R-3 1817 50C PCGS VF30 O-106a,R-3 1817 50C PCGS XF40 O-112A, R.2 Choice color, nice surfaces and very high grade for this rare 17th 1819/8 50C SMALL 9 PCGS AU50 O- century silver issue and largest Lord Baltimore denomination. 101, R.1 Ex Stack's 1983 Roper sale. 1821 50C PCGS VF30 O-102 R.2 $55,000 1822 50C PCGS AU53 O-113 R.3 1823 50C PCGS AU53 O-104 R.3 1824/1 50C PCGS F15 O-102 R.5+ 1825 50C PCGS VF35 O-113, R.1 1826 50C PCGS XF45 R-4 1828 50C CURL 2, KNOB PCGS VF35 Note from Harry O-106 R.4+ 1829 50C PCGS AU53 O-106 R.5 1839 50C DRAPERY PCGS XF40 Friends, 1843-O 50C PCGS XF45 1846 50C 6/HORIZONTAL 6 PCGS Our current inventory listing is chocked full of VG10 WB-104, FS-301, R.2 interesting, choice, scarce hard-to-find one-of-a-kind 1856 50C PCGS AU55 collector coins in quantities not found on any other list. 1856-O 50C PCGS XF45 As you can see our mission to Buy Great Coins has 1874-S 50C ARROWS PCGS AU58 been quite successful. With well over 800 listings and 1880 50C PCGS VF30 some 200 coins in the coming soon pipeline I'm 1914 50C PCGS XF45 1916-S 50C PCGS MS62 confident there is something here that will interest you. 1917 50C PCGS MS64 1917 50C PCGS MS64 Contact Shealyn or Kelsey today to discuss the selection 1927-S 50C PCGS XF40 you want, and give us a chance to show you how we 1929-D 50C PCGS MS63 intend to earn your business with every transaction. 1934 50C PCGS MS65 1934-D 50C PCGS MS64 Sincerely, 1935 50C PCGS MS66 Harry Laibstain 1935 50C PCGS MS66 [email protected] 1935-S 50C PCGS MS66+ 1936-D 50C PCGS MS66+ 1940 50C PCGS MS67 1941-S 50C PCGS MS65 Kelsey's Highlights 1943-S 50C PCGS MS66+ 1945-S 50C PCGS MS66 1946-D 50C PCGS MS66 1946-S 50C PCGS MS66+ 1795 $1 3 LEAVES NGC XF45 13 STARS 1799 $1 IRREGULAR DATE-1 PCGS VF35 BB-152 1871 $1 PCGS MS63 1873-CC T$1 TRADE PCGS XF45 1879-O $1 PCGS MS65 1880-CC $1 8/LOW 7 PCGS MS64 1880-S $1 PCGS MS66 1881-CC $1 PCGS MS64 1881-S $1 PCGS MS66 1882 $1 PCGS MS65 1884-O $1 PCGS MS66+ 1885-CC $1 PCGS MS66 1885-O $1 PCGS MS65DM 1885-O $1 PCGS MS66+ 1889-CC $1 PCGS AU58 1891 $1 PCGS MS64 1893-S $1 PCGS XF40 1895-S $1 PCGS AU58 1895-S $1 PCGS AG03 1804 1/2C PLAIN 4, NO STEM PCGS MS63BN C-13 B-10 1898-O $1 PCGS MS67 R.1 1898-S $1 PCGS MS64+ 1902 $1 PCGS MS67 Sharp for the grade with glossy surface and smooth fields. Complete 1902-S $1 PCGS MS65 with attractive chocolate brown patina and a few chestnut highlights on 1921 $1 MORGAN PCGS MS66 the right portion of the obverse. Featured as the 4th image down on 1922-D $1 PCGS MS65 PCGS Coinfacts! Nice eye appeal! CU price=$3650. 1922-S $1 PCGS MS64 1923 $1 PCGS MS66 1923-S $1 PCGS MS64 1935-S $1 PCGS MS66 1915-S G$1 PANAMA-PACIFIC PCGS MS64 1915-S $2.50 PANAMA-PACIFIC PCGS MS66 1916 G$1 MCKINLEY PCGS MS64 1926 $2.50 SESQUICENTENNIAL PCGS MS65 1859-C G$1 PCGS AU55 1859-C G$1 PCGS AU55 1885 G$1 PCGS MS64 1853 1C PCGS MS67BN 1868-S $2.50 PCGS AU58 1873 $2.50 CLOSED 3 PCGS MS66 1905 $2.50 PCGS MS64 A fabulous gem that will knock your socks off! Sharply struck with 1914-D $2.50 PCGS MS62 smooth, flawless, glossy milk chocolate brown patina. A few traces of 1927 $2.50 PCGS MS64 bright red peeking out from behind some of the devices. Pop 2 with 1871 $3 PCGS AU58 non finer! 1878 $3 PCGS MS62 1838-C $5 PCGS VF35 1856-C $5 PCGS AU53 1871 $5 PCGS AU55 1909 $5 PCGS MS63 1911-S $5 NGC MS62 1913 $5 PCGS MS64+ 1842-O $10 NGC AU55 1932 $10 PCGS MS64+ 1857-S $20 PCGS MS65 1865 $20 PCGS AU50

1869 $20 PCGS AU53 1876-S $20 PCGS AU58 1906-S $20 PCGS MS64 1900 $1 LAFAYETTE PCGS MS64+ 1936 50C ALBANY PCGS MS67 1936 50C GETTYSBURG PCGS MS64 1936 50C GETTYSBURG PCGS MS64 1925 50C VANCOUVER PCGS MS65 VANCOUVER 1946-S 50C BOOKER T. WASHIN 1870 2C PCGS PR64RB PCGS MS67 1946-S 50C BOOKER T. WASHIN Really pretty with multi-colored toning. Glossy surfaces with hues of PCGS MS66 BTW lime green,grass green, magenta,and rose pink. It almost has a tie-dye 1947-D 50C BOOKER T. WASHIN PCGS MS66+ effect. Excellent eye appeal! This coin is also featured on Coinfacts. 1947-S 50C BOOKER T. WASHIN PCGS MS66 1951 50C BOOKER T. WASHIN PCGS MS66+ 1883 $1 HAWAII PCGS XF45 1836 $1 ORIGINAL - COIN PCGS PR35 1858 1C J-212 PCGS PR63 J-212 1652 SHILLI PINE TR, LG PL, PCGS VF30 FRENCH COLONIES 1738-P SOUM PCGS AU58 FRENCH COLONIES 1763-A SOUM PCGS AU58 FRENCH COLONIES 1757/6-A SOUM 1795 50C PCGS VF20 O-109 R.4 PCGS AU53 1722 1/2P HIBERNIA, HARP L PCGS AU55BN A condition rarity that is under-graded in our opinion. The majority of 1722 1/2P HIBERNIA, HARP L PCGS the examples of this variety in "higher grades" are genuine or not AU58BN holdered at all. There are maybe 5 or 6 graded better examples, 1723 FARTH HIBERNIA DEI.GRA mostly NGC. This is about as nice as this die marriage comes. The PCGS AU58BN surfaces have a very attractive pearly lavender-gray patina with hints of 1723 1/2P HIBERNIA PCGS MS65RB W-13120,R.6 metallic olive green toning on the reverse. 1724 1/2P HIBERNIA PCGS AU55BN 1773 1/2P VIRGINIA, NO PER PCGS AU55BN

1826 50C PCGS AU58 O-109 R.1

BEE-U-TI-FUL color!!! This pretty little lady has hues of sea foam green, lime green,electric yellow, rose pink, ocean blue, and tangerine orange, which make her ready for a night out on the town! Excellent eye appeal!

1883 50C PCGS PR66 CAC

Intensely original with stunning color! Well struck, flashy gem surfaces with hues of sea foam green, rose pink, orange gold, lemon yellow and sky blue. Only 1,039 minted! Pop 10 in 6 with only 6 finer. CAC Approved! 1915-D 50C PCGS MS65 CAC

Super sweet and totally original. Sharply detailed with a clean cheek and pearly, lustrous patina. Splashes of attractive russet toning around devices on both obverse and reverse. We tried this coin for a 66! CAC Approved!

1796 $1 LARGE DATE, SM L PCGS VF30 BB-65 R.2

This coin really is a jaw dropper! Attractive, smooth, and even lustrous slate gray patina. Complete with bright, metallic alpine silver peeking out from around all the devices. Under the light you can also notice a few traces of metallic ocean blue toning especially on the reverse under letters MER. Charming eye appeal! This particular RedBook variety is characterized by the stars on the obverse being so close they almost touch, the highest curl being light due to relapping, and the double punching of the 6 in two spots. Another neat characteristic is the giant die lump that starts on the I in AMERICA and ends in the center between the I and C. HLRC iPhone/iPad Website Icon

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Browse through hundreds of quality rare coins for sale on our website. We strive to describe them accurately, price them fairly and photograph them without bias. Many of our images are from the in-house services of PCGS & NGC. The only surprises you'll get when they arrive in the mail will be pleasant ones.

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Harry Laibstain Rare Coins | P.O. Box 3596 | Norfolk | VA | 23514