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<p>[QUOTE="jaceravone, post: 619293, member: 9474"]Does anyone know the story behind this? For those of you who don't, Glenna Goodacre who design the obverse of the Sac dollar. For her commission, she was $5000 design fee for her work. I believe this is or was the standard fee for artists designing for the mint. Anyway, she was given a choice between taking the $5000 in cash payment or on the advice of a friend, take the $5000 worth in the newly minted Sacaweagea dollars. But these Sacs weren't going to be your everyday Sacs. These would be specially prepared burnished planchets that would be struck from fresh dies. Also, the final product would be treated with an anti-oxidant agent. Cool. Huh? Each coin was stamped with terrific detail and had a wonderful golden color to it. </p><p><br /></p><p>Then the Tebo Coin Company, on behalf of Ms. Goodacre negotiated with ICG to have these 5000 coins encapsualated and labed as the Goodacre presentation coins and number from 1 thru 5000. So out of the original 5000 made, half would be made available to the public while the other half would be maintained by the Goodacre family. So to date, only 2500 of these coins have been made available for purchase. Thus creating a demand vs. supply scenario which resulted in immediately high sales prices of these coins. Then to top things off, the original slabs by ICG did not have a grade assigned to them, so many of the coins found themselves heading over to PCGS and NGC to be cracked out and resubmitted. This is what you are seeing below.</p><p><br /></p><p>I have been very fortunate as of lately as I was successfully able to acquire two of these coins. In recent years, the prices for these coins has been somewhat unattainable, but within the past few months, the prices of these have stalled and have allowed someone as myself to be able to purchase one of these, let alone two. The coin looks like a highly polished proof and was hard to photograph. It has a deep rich golden color to it that is much different from the ones found in the proof sets. I know these are not for everyone, but I would like to share my new purchase with the group. Sorry gang... no Morgans or gold pieces here, but something as impressive. Thanks for looking.[/QUOTE]</p><p><br /></p>
[QUOTE="jaceravone, post: 619293, member: 9474"]Does anyone know the story behind this? For those of you who don't, Glenna Goodacre who design the obverse of the Sac dollar. For her commission, she was $5000 design fee for her work. I believe this is or was the standard fee for artists designing for the mint. Anyway, she was given a choice between taking the $5000 in cash payment or on the advice of a friend, take the $5000 worth in the newly minted Sacaweagea dollars. But these Sacs weren't going to be your everyday Sacs. These would be specially prepared burnished planchets that would be struck from fresh dies. Also, the final product would be treated with an anti-oxidant agent. Cool. Huh? Each coin was stamped with terrific detail and had a wonderful golden color to it. Then the Tebo Coin Company, on behalf of Ms. Goodacre negotiated with ICG to have these 5000 coins encapsualated and labed as the Goodacre presentation coins and number from 1 thru 5000. So out of the original 5000 made, half would be made available to the public while the other half would be maintained by the Goodacre family. So to date, only 2500 of these coins have been made available for purchase. Thus creating a demand vs. supply scenario which resulted in immediately high sales prices of these coins. Then to top things off, the original slabs by ICG did not have a grade assigned to them, so many of the coins found themselves heading over to PCGS and NGC to be cracked out and resubmitted. This is what you are seeing below. I have been very fortunate as of lately as I was successfully able to acquire two of these coins. In recent years, the prices for these coins has been somewhat unattainable, but within the past few months, the prices of these have stalled and have allowed someone as myself to be able to purchase one of these, let alone two. The coin looks like a highly polished proof and was hard to photograph. It has a deep rich golden color to it that is much different from the ones found in the proof sets. I know these are not for everyone, but I would like to share my new purchase with the group. Sorry gang... no Morgans or gold pieces here, but something as impressive. Thanks for looking.[/QUOTE]
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