The 10 1933 $20 gold coins graded
CollectorMan
Posts: 241 ✭✭
I don't know if anyone has seen this in the Nov. 17th issue of the Numismatic News on page 18. If you have that issue, you may want to read this.
"The 10 1933 $20 gold pieces at the center of a legal dispute between the Langbord family and the U.S. government have been authenticated by the Numismatic Guaranty Corp.
The examination took place at the request of the U.S. Secret Service.
On Nov. 3, NGC said that it has encapsulated the coins in its recloseable museum holder and graded them all.
Six of the coins grade MS-64, two are MS-65 and one is MS-66. The remaining piece apparently was used as a pocket piece, according to NGC, and it is called uncirculated details but improperly cleaned."
I wonder what the first one that was auctioned off several years ago would have graded out to? That one would have been nice in a PCGS holder showing as 1 of 1.
Your thoughts.
"The 10 1933 $20 gold pieces at the center of a legal dispute between the Langbord family and the U.S. government have been authenticated by the Numismatic Guaranty Corp.
The examination took place at the request of the U.S. Secret Service.
On Nov. 3, NGC said that it has encapsulated the coins in its recloseable museum holder and graded them all.
Six of the coins grade MS-64, two are MS-65 and one is MS-66. The remaining piece apparently was used as a pocket piece, according to NGC, and it is called uncirculated details but improperly cleaned."
I wonder what the first one that was auctioned off several years ago would have graded out to? That one would have been nice in a PCGS holder showing as 1 of 1.
Your thoughts.
0
Comments
<< <i>what do the ecloseable museum holders look like? >>
There's a thread with pictures of these if you search.
I'm too lazy tonight.
"Inspiration exists, but it has to find you working" Pablo Picasso
MS66 Thats a keeper
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<< <i>ok, cant find the article on NGC's website >>
Thats because they pulled it the next day
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They all (but the least) have the same superb rich thick lustre as on '31s and '32s, and more marks than you'd think for the grade. '33 $10s have the same virtues and the same problem.
This clears it up for me.It's possible the Mint may have gotten them mixed up after the show display,though.Langbords win they should probably get them re-slabbed before selling.
Whoever is careless with the truth in small matters cannot be trusted with important matters.
<< <i>Photos. We need photos!
MS66 Thats a keeper >>
Glad to help. (NOT MY COINS)
<< <i>I, too, was disappointed at the broken link over at NGC >>
Read the last few pages of the thread that starts out "WOW" where it is talked about the fact that NGC had to pull the story.
Just sayin......
peacockcoins
I wonder how the TPG decision was made. If they went with PCGS, we'd probably have CoinFacts photos for all 10!
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I'm thinking that the Smithsonian uses NGC for the reason of the type of holder they offer.Museum quality,recloseable. Smithy doesn't sell coins. Over at the Smithy,there's not much concern about the individual grades of it's coins.The coin is what it is over there,in other words.
There might be other reasons for the decision about which TPG to go with but I'm thinking the main reason is the recloseable holder.The Smithy would be the final resting place for the ten coins if Gov gets to keep them.Gov is going with tradition that we all have heard so much about lately?
I have not seen the national coin collection. As I recall,some members here have seen this collection up close and personal so I would defer to them as to what kind of holders the coins in the national collection are in.
Gov needs to get the ten authenticated.Of course,either major TPG has the expertise and tools to do this.The TPG services both use x-ray spectroscopy to help authenticate? Regardless,the job needs to be done right. Either TPG can accomplish this.
The coins get an inventory number and grade. No magic in the coin's number or grade.The type of holder is the thing.Without getting into a debate about whose holder is more "museum quality" than the other,again,the recloseable feature has got to be a strong selling point for NGC.
Gov removed the ten coins from their individual recloseable holders for display at the coin show (ANA in Denver?). They didn't have to shatter the plastic,destroying the holder to accomplish getting the coins into the large,presumably high-quality, Capital-like plastics holder that allowed the coins to be displayed all together. As a security consideration,is anyone going to try and get out the door with the coins in the giant holder used for the display at the show?
There's irony here.Someone tries to steal a '33 from the Gov at the show,it's an all or none deal for them to pull off.Cutting a single piece out of the display plastic would have to be done very swiftly and quietly.One would need assistance to pull the theft off.
I saw the big picture of the cleaned '33 Double, the "worst" coin.The coin actually looks pretty good to me for having been cleaned,assessing it just from the image.The MS 66 has grime on Lady Liberty. I would want this grime removed.A dip in acetone would probably do wonders for Lady Liberty for now she can be seen in her full glory.
The ex Farouk piece appears to me to be the "finest known" at this point. Bower's Red book for Double Eagle coins has a big color picture of it in the Gallery of Double Eagles section.This coin is stunning. Superb gem,or very close, it appears to me to be. None of the Langbord coins measures up to the ex Farouk piece from a grading standpoint,in my opinion.
I reserve the right to change my mind about this once the grime is removed from Lady Liberty's gown on the NGC MS66 piece,however.
Whoever is careless with the truth in small matters cannot be trusted with important matters.
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<< <i>
<< <i>Photos. We need photos!
MS66 Thats a keeper >>
Glad to help. (NOT MY COINS)
>>
A silly question....when was this style slab first used?
Denver ANA that August.
The large clear plastic display was their
first public showing, and about two months
later they were certified by NGC.
Dave Camire, from NGC, and myself,
were allowed to get up close and personal
to the plastic display about an hour before
the public opening to view them.
Bill Daddio, Chief Mint Police, who we
knew (since retired walked us up to
the display, told the guards to let us
get up as close as we wanted, which
was kinda cool at the time.
We were surprised to see that one of the
coins was lightly cleaned/polished/circ.
Although we were able to stick our magnifying
glasses up to the plastic, it was still a better
view to see them without the glass - the plastic
didn't allow a good look with the mag. glasses.
If Gov can't keep the coins,maybe,at the least,the ten holders could go to the Smithy as mute testimony to the corruption,greed and lawlessness that was allowed to flourish at the Mint in the 30's. Each Smithy holder for the ten '33's could have some nice pictures of the way they once were. I'm thinking that Gov owns the holders but could be wrong about this.
If offered money for grading fees,I can easily see Gov saying,"Nah.We want the holders.Thanks for the offer to pay for them,though."
Pop 'em out,put 'em each in a big saflip,and then hand 'em over?
Whoever is careless with the truth in small matters cannot be trusted with important matters.
Likewise either one of the Smithsonian 2, and/or the Fenton 1?
TD
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