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PCGS Certifies Hoard of Rare Gold Half Eagles

(Santa Ana, California) – A hoard of Indian Head $5 gold pieces found in an unclaimed bank safe deposit box in Florida has been certified by Professional Coin Grading Service (PCGS). Nearly half of the 262 coins graded mint state, including dozens of rare date 1911-S and 1916-S Half Eagles.

Indian Head $5 gold pieces from the Golden Gate Collection Hoard

"This is an incredible discovery. They came completely out of the woodwork," said Lexington, Kentucky and Sarasota, Florida dealer, Jeff Garrett, who jointly purchased the coins with dealer Marc Earle of Saint Petersburg, Florida from a government sale of unclaimed items. They then sold all of them to Bill Gale of New York Mint in Edina, Minnesota.

"This is one of the more unusual hoards I’ve seen in my career," stated PCGS Founder, David Hall. "There was a group of 1910-D $5 Indians that appeared in the 1970s, but that was over 30 years ago. This is the only large group of mint state San Francisco Mint $5 Indians I’ve ever heard of. By far, the S-mint issue are the rarest $5 Indians to find in mint state."

 

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PNG Prepares 2008 “Share the Knowledge” Educational Series

PNG Logo(Fallbrook, California) – The Professional Numismatists Guild (PNG) will conduct a series of free, educational “Share the Knowledge” seminars for collectors and dealers at coin shows around the country during 2008.  The first in the series of programs will be held during the Long Beach Coin, Stamp & Collectibles Expo in February.

 

“The PNG has a responsibility to provide leadership for the growth of this fabulous hobby and profession.  Our organization’s motto is ‘Knowledge, Integrity, Responsibility,’ and these educational seminars during the coming year will be one way we will share the knowledge from some of the country’s top numismatic experts,” said PNG President Gary Adkins of Edina, Minnesota.

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