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Articles on July 17th, 2009

Unique 1870-S Sold by Legend Numismatics in Half Dime Deal

(Lincroft, New Jersey) — The top-rated sets of Capped Bust and Liberty Seated half dimes in the PCGS Set RegistrySM have been sold in a multi-million dollar private sale by Legend Numismatics of Lincroft, New Jersey (www.LegendCoin.com).

1870-S Half Dime

The 93 coins include many of the finest known examples and the unique 1870-S half dime that was individually valued in this transaction at $1.4 million.

 

"The collections are known as ‘The Law Collections,’ named after the anonymous ‘Law Collector,’ a New Jersey hobbyist who sold the coins to us for $2.2 million," said Laura Sperber, President and Founder of Legend.  "We then sold both sets intact to a Western states collector who told me he would like to exhibit the 1870-S and other coins from his extensive collection, perhaps at an ANA convention next year."

"The buyer is especially excited about the mint state Liberty Seated half dimes because they will compliment his collection of proof half dimes," Sperber explained.

 

The Law Collections of half dimes comprised a total of six different categories that are each ranked number one in the PCGS Set Registry: Read the rest of this entry »

US Mint 2009 Silver Proof Set Launched

2009 Silver Proof SetThe US Mint on Friday launched the 18-coin 2009 Silver Proof Set for $52.95. The annual set is a favorite with collectors, highlighted by the no longer available 2008 Silver Proof Set with sales of 774,874 as of Sunday.

The 2009 set is actually $8 more than last year’s offering, but it also includes an additional silver quarter and four bicentennial 2009 Lincoln cents specially struck in 95% copper, 3% zinc and 2% tin — the same alloy used in the original 1909 penny.

Similar to the fast-selling 2009 clad proof set that was issued by the Mint in June, the silver set contains collector proof versions of circulating 2009 coinage. All coins bear the "S" mint mark denoting they were minted at the United States Mint in San Francisco. Additionally, the dime, half-dollar, and six quarters are struck in lustrous 90 percent silver. The set has an intrinsic silver value of $19.99 at Friday’s silver spot price of $13.16 an ounce. Read the rest of this entry »