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Glenna Goodacre presentation SAC dollars

Does anybody here have any information on where I might acquire more info on these? Perhaps one for sale?

I know that there are now two type certified by ICG, and would like any and all info in these.

Thanks in advance.

njcc
www.numismaticamericana.com

Comments

  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • jmski52jmski52 Posts: 23,307 ✭✭✭✭✭
    Once you have a Goodacre, no other finish will suffice.image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • GemineyeGemineye Posts: 5,374
    Many of these coins from ICG were sent into the major grading companies and cracked out of their original ICG holder to recieve a grade.Initially ICG had no grade on these.These coins are highly prized in the Sac collection...if you are a Sac collector.....image
    ......Larry........image
  • BillJonesBillJones Posts: 34,891 ✭✭✭✭✭


    << <i>These coins are highly prized in the Sac collection...if you are a Sac collector..... >>



    To be frank I can easily live without one, and I hope that we will not see their like again. Whizzed, polished or whatever name you want to put on it sucks, whether it's official or unofficial, stationed or unsanctioned. If an artist wants to commemorate their work, let them do it with a die imparted surface in a special holder NOT an altered surface. This sort of thing has been done in the past for artists like Felix Schlag and the Jefferson Nickel, which included a “normal” nickel..
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭
    I could live without one as well.



    But chose not to as I just had to get one! image

    My opinion is that regardless of what was done to the coin by the US Mint prior to delivery, each and every one has provenance that makes it unique.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • jmski52jmski52 Posts: 23,307 ✭✭✭✭✭
    If an artist wants to commemorate their work, let them do it with a die imparted surface in a special holder NOT an altered surface.

    There's alot of misinformation packed into such a short statement.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • BillJonesBillJones Posts: 34,891 ✭✭✭✭✭


    << <i> If an artist wants to commemorate their work, let them do it with a die imparted surface in a special holder NOT an altered surface.

    There's alot of misinformation packed into such a short statement. >>



    What's wrong with that statement? Coins were altered after they were struck leaving the IGC graders with very logical conclusion that they were "no grades." What was ICG going to grade, the quality of whizzing?

    This brought in a bunch of crooked dealers who whizzed some dollars, and offered them out raw as “presentation pieces.” I know that we can say that mostly a “stupid element” (P.C. term “poorly informed element”) bought this bogus garbage, but the practice of altering the surfaces after the coins were struck encouraged this it.

    I’ll stand by my statement. The mint should not be in the business of sanctioning the practice of selling coins with after strike alterations like this. It is detrimental the hobby and such coins are not what I would call attractive or desirable.

    If you want to collect this stuff in the IGC holders, go ahead, as a curio, but once they cracked out of the ICG holders, that should have put an end their status legitimate collectors’ items.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • MrEurekaMrEureka Posts: 24,452 ✭✭✭✭✭
    If an artist wants to commemorate their work, let them do it with a die imparted surface in a special holder NOT an altered surface.

    So I guess matte proofs would be out of the question? Too bad. I'd like to have a matte proof Sac.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • jmski52jmski52 Posts: 23,307 ✭✭✭✭✭
    In January of 2001 Michael Fahey, Tom DeLorey and Tim Hargis had a differing opinion than that of ICG regarding any post-strike treatment of both the Goodacre and the Millennium Dollars. I'm not aware that any of them ever retracted their opinions.

    The Mint subsequently described the post-strike cleaning process, and contrary to earlier reports a post-strike burnishing couldn't duplicate the same finish that is obtained by using polished dies, polished planchets and post strike antioxidant corncob drying (which is not the same as burnishing).

    The diagnostics established that burnishing occurred before striking, but not after. If the diagnostics changed since that determination, I've not read or heard about it. Have you?
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭
    From what I understand, these were "burnished" by the US Mint, not whizzed.

    They were also "Presentation" pieces and not intended for circulation which to me means fully gradable from a delivery standpoint.

    Along the lines of altered surfaces which is why ICG did not grade them, would the "experimental rinse" Sac's fall into the same category? Or better yet, ANY coin treated with an anti-tarnish dip post striking?

    I just think to much is made over this burnishing issue since they were presentation pieces which were prepared by the US Mint.

    I would prefer concentrating on the provenance of the coin over the manufacturing process used by the makers.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    Are all of them graded now? At one time awhile back I read that she still had some of them that had not been sent in for grading.
  • DHeathDHeath Posts: 8,472 ✭✭✭
    I seem to remember there being 1000 presentation coins, of which 500 were sold. Perhaps someone with better memory can post specifics.
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor
  • jmski52jmski52 Posts: 23,307 ✭✭✭✭✭
    There were inititally 2,500 sold by Goodacre through Tebo and a company out of Alabama, but since then I've seen slab number sequences that tell me another 1,500 have probably been, or are in the process of being sold. I don't track them all, but I've documented 2 ICG slabs with numbers in the 1,900's.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • RichieURichRichieURich Posts: 8,571 ✭✭✭✭✭
    What a "sweetheart deal" Ms. Goodacre got from the U. S. Mint! image

    An authorized PCGS dealer, and a contributor to the Red Book.

  • ClosedLoopClosedLoop Posts: 1,077 ✭✭✭


    << <i>Once you have a Goodacre, no other finish will suffice.image >>



    The sac out of the coin and currency set is real nice too..
    figglehorn
  • MidLifeCrisisMidLifeCrisis Posts: 10,569 ✭✭✭✭✭
    I once made a nice little profit from a Goodacre SAC Dollar that I purchased from one dealer and sold to another a few months later.

    Regardless of what you may think of them and the process used to create them, Goodacre presentation SACs remain popular.

    image
  • njcoincranknjcoincrank Posts: 1,066 ✭✭
    Thanks for all the help. It has been very useful.

    njcc
    www.numismaticamericana.com
  • I bought 2 from Tebo when they came out, kept the nicest one and sold the other. Never sent it to PCGS but have thought about it.
    Interesting pieces.
    Have bought and sold on BST, many references available when asked.
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭


    << <i>I seem to remember there being 1000 presentation coins, of which 500 were sold. >>

    I believe Goodacre was paid 5000 of these presentation dollars.


  • << <i>

    << <i>I seem to remember there being 1000 presentation coins, of which 500 were sold. >>

    I believe Goodacre was paid 5000 of these presentation dollars. >>



    You are correct.
    Have bought and sold on BST, many references available when asked.


  • << <i>If an artist wants to commemorate their work, let them do it with a die imparted surface in a special holder NOT an altered surface. >>


    I guess we can eliminate all the artists and engravers who have their initials on Proof and mint state coins ..and Oh..yes commemorative coins struck for special occasions...!!!!.....
    ......Larry........image

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