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My Incredibly Lucky Find (Or at least "So-Called" Find!)
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<p>[QUOTE="cannoncoins, post: 1195151, member: 28659"]Hey guys,</p><p><br /></p><p>So after months of unintended anticipation (I wanted to send the coin off to make sure, and the coin shop I took it to gives a cheaper price if you wait to send coins out with a larger batch, and they don't get many of these...), I give you the story of my luckiest find to date :smile <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie6" alt=":cool:" unselectable="on" unselectable="on" /></p><p><br /></p><p>Although I lately make my home in the frigid Midwest (well, now in June it's pretty great, but I refer here to the other 11 months), I am originally from the humid climes of Southern Mississippi. In those parts, coin shops are few and far between- some of my fondest childhood memories during my first phase of coin collecting was visiting a store called "Cohen's Coins" in New Orleans, but that trip came just once a year. In any case, this past Christmas I found myself back home to visit with family and, having recently been re-bitten by the coin collecting bug, I found myself wondering where (or if) in the years since someone within driving distance might have set up shop. As it turned out, there was a single place- a local antiques mall where nearby flea market peddlers left their wares on consignment. </p><p><br /></p><p>So, of course, at one point running errands I decided to slip away from the wife and family and stop-in to see what this antiques mall had; after exchanging greetings with a few of the owners who had known me as a kid (just to reiterate, I had never been inside this store before; this is, to be sure, a small town). The coins were mostly what you might expect- lots heavily worn and overpriced v nickels and indian cents, a few almost humorously obvious counterfeits (at least someone had the decency to right "NOT GUARANTEED" on the 1885 trade dollar! Still, at 8 bucks, maybe not a bad deal!), some no-value foreign coins, a few random tokens. Still, as I always do, I picked up a few things that caught my eye; with the price of silver going up so much that time last year, there were some Foreign coins no one had taken the time to reprice like a sterling Australian crown, and there were a few nice Indian Cents. </p><p><br /></p><p>There was also a particularly interesting and intricate token that caught my eye; Let me be clear- I am no collector of tokens of any sort: I barely know a hard-times token from a Chucky-Cheese token. But for whatever reason this particular one- it had a nice color to it that looked original (not gold, but maybe gilded) and even though it was tiny (smaller than a dime) it had lots of really impressive intricate detail- and this for something struck in what appeared to be 1939, as part of the Golden Gate Exposition (thanks, loupe!). And, hey, for two dollars and fifty cents, what did I have to lose?</p><p><br /></p><p>I went home and, as I often do in these situations, did a little "Googling." Nothing seemed to be coming up when I searched for "PACIFICA," the name written in all caps on one side of the coin. I finally ended up with a string that looked something like "Golden Gate Exposition 1939 token PACIFICA statue," and found this page: <span style="color: #666666"><font face="Tahoma"><<a href="http://www.so-calleddollars.com/Events/Golden_Gate_Exposition.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.so-calleddollars.com/Events/Golden_Gate_Exposition.html" rel="nofollow">http://www.so-calleddollars.com/Events/Golden_Gate_Exposition.html</a>> </font></span></p><p> </p><p><br /></p><p>As it turns out, then, this was a very particular type of token- a "so-called-dollar", which like many collectors I had heard of but never actually seen. And, as it turns out, as far as so-called-dollars go, this was a particularly well-known and scarce one. These were created by a San Francisco Fine Arts Dealer/Appraiser and miniatures maker by the name of Jule Charbneau; he made 2500 of these coins out of gold, 500 out of silver; they sold poorly, despite their oft-noted detail, and the vast majority were melted at the close of the fair. The reverse shows the statue of "Pacifica" constructed for the exposition, and the obverse manages to squeeze in the golden gate bridge, a major thoroughfare, an airplane, a boat, a motto, and a date, even- at less than 1mm high, the engraver's initials. From what I could tell, this was a subset of the silver token that was sold gilded- probably why it had ended up in a $2.50 flea market coin slip instead of melted.</p><p><br /></p><p>This particular variety, as it turns out, was described as an R-7; only about 10-15 known; at that time NGC, which is the only major company that certifies them, had only certified 9. There is no price list for this type of coin, just auction records, and one of these last sold in 2009 for nearly $1000! But, wait, who was I kidding? A) I wasn't even sure if what I had was real (Were these counterfeited? Were similar versions made at the Golden Gate Exposition with different details?) and, B) Even if this WAS real, which I suspected, it's very "originality" or "old-looking-ness" might be a problem-it had luster but didn't look "blast-bright," so who knows how it would come back? For some coins that seemed to be the difference between an AU and a lower MS, and who knew how tokens were graded?</p><p><br /></p><p>So, in December, I sent the coin off to NGC (or actually, dropped it off at the coin shop and said "just send it out when it's cheapest and let me know when it gets back"- I didn't want to think about it or get my hopes up). I literally almost forgot about it until last week, when I got a call saying they had gotten it back...In an MS-63 holder!!!! :yes: Could not have been happier to own the 10th HK-487c certified by NGC. I think that's probably my dumb luck quota for at least the rest of the year, but I can at least acknowledge it as such and try to make up for it by doing the research on the back end! </p><p><br /></p><p><span style="color: #666666"><font face="Tahoma"><br /></font></span></p><p><span style="color: #666666"><font face="Tahoma"><br /></font></span></p><p>Here are some pics (just for a sense of scale on the close-ups, these are indeed about the size of a gold dollar or half dime): <img src="http://i1178.photobucket.com/albums/x380/rcannon5/06012011/IMG_0413.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><img src="http://i1178.photobucket.com/albums/x380/rcannon5/06012011/IMG_0414.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /><img src="http://i1178.photobucket.com/albums/x380/rcannon5/06012011/IMG_0415.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /><img src="http://i1178.photobucket.com/albums/x380/rcannon5/06012011/IMG_0416.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>I probably couldn't dream of putting together a collection of something like this, so now I just have to figure out what to do with this little fella; but that is, as they say, a "champagne problem."</p><p><br /></p><p>Moral of the story: There is still some treasure out there to be found if you have a good eye and don't mind doing a little research!</p><p><br /></p><p>Happy hunting! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="cannoncoins, post: 1195151, member: 28659"]Hey guys, So after months of unintended anticipation (I wanted to send the coin off to make sure, and the coin shop I took it to gives a cheaper price if you wait to send coins out with a larger batch, and they don't get many of these...), I give you the story of my luckiest find to date :smile :cool: Although I lately make my home in the frigid Midwest (well, now in June it's pretty great, but I refer here to the other 11 months), I am originally from the humid climes of Southern Mississippi. In those parts, coin shops are few and far between- some of my fondest childhood memories during my first phase of coin collecting was visiting a store called "Cohen's Coins" in New Orleans, but that trip came just once a year. In any case, this past Christmas I found myself back home to visit with family and, having recently been re-bitten by the coin collecting bug, I found myself wondering where (or if) in the years since someone within driving distance might have set up shop. As it turned out, there was a single place- a local antiques mall where nearby flea market peddlers left their wares on consignment. So, of course, at one point running errands I decided to slip away from the wife and family and stop-in to see what this antiques mall had; after exchanging greetings with a few of the owners who had known me as a kid (just to reiterate, I had never been inside this store before; this is, to be sure, a small town). The coins were mostly what you might expect- lots heavily worn and overpriced v nickels and indian cents, a few almost humorously obvious counterfeits (at least someone had the decency to right "NOT GUARANTEED" on the 1885 trade dollar! Still, at 8 bucks, maybe not a bad deal!), some no-value foreign coins, a few random tokens. Still, as I always do, I picked up a few things that caught my eye; with the price of silver going up so much that time last year, there were some Foreign coins no one had taken the time to reprice like a sterling Australian crown, and there were a few nice Indian Cents. There was also a particularly interesting and intricate token that caught my eye; Let me be clear- I am no collector of tokens of any sort: I barely know a hard-times token from a Chucky-Cheese token. But for whatever reason this particular one- it had a nice color to it that looked original (not gold, but maybe gilded) and even though it was tiny (smaller than a dime) it had lots of really impressive intricate detail- and this for something struck in what appeared to be 1939, as part of the Golden Gate Exposition (thanks, loupe!). And, hey, for two dollars and fifty cents, what did I have to lose? I went home and, as I often do in these situations, did a little "Googling." Nothing seemed to be coming up when I searched for "PACIFICA," the name written in all caps on one side of the coin. I finally ended up with a string that looked something like "Golden Gate Exposition 1939 token PACIFICA statue," and found this page: [COLOR=#666666][FONT=Tahoma]<[URL]http://www.so-calleddollars.com/Events/Golden_Gate_Exposition.html[/URL]> [/FONT][/COLOR] As it turns out, then, this was a very particular type of token- a "so-called-dollar", which like many collectors I had heard of but never actually seen. And, as it turns out, as far as so-called-dollars go, this was a particularly well-known and scarce one. These were created by a San Francisco Fine Arts Dealer/Appraiser and miniatures maker by the name of Jule Charbneau; he made 2500 of these coins out of gold, 500 out of silver; they sold poorly, despite their oft-noted detail, and the vast majority were melted at the close of the fair. The reverse shows the statue of "Pacifica" constructed for the exposition, and the obverse manages to squeeze in the golden gate bridge, a major thoroughfare, an airplane, a boat, a motto, and a date, even- at less than 1mm high, the engraver's initials. From what I could tell, this was a subset of the silver token that was sold gilded- probably why it had ended up in a $2.50 flea market coin slip instead of melted. This particular variety, as it turns out, was described as an R-7; only about 10-15 known; at that time NGC, which is the only major company that certifies them, had only certified 9. There is no price list for this type of coin, just auction records, and one of these last sold in 2009 for nearly $1000! But, wait, who was I kidding? A) I wasn't even sure if what I had was real (Were these counterfeited? Were similar versions made at the Golden Gate Exposition with different details?) and, B) Even if this WAS real, which I suspected, it's very "originality" or "old-looking-ness" might be a problem-it had luster but didn't look "blast-bright," so who knows how it would come back? For some coins that seemed to be the difference between an AU and a lower MS, and who knew how tokens were graded? So, in December, I sent the coin off to NGC (or actually, dropped it off at the coin shop and said "just send it out when it's cheapest and let me know when it gets back"- I didn't want to think about it or get my hopes up). I literally almost forgot about it until last week, when I got a call saying they had gotten it back...In an MS-63 holder!!!! :yes: Could not have been happier to own the 10th HK-487c certified by NGC. I think that's probably my dumb luck quota for at least the rest of the year, but I can at least acknowledge it as such and try to make up for it by doing the research on the back end! [COLOR=#666666][FONT=Tahoma] [/FONT][/COLOR] Here are some pics (just for a sense of scale on the close-ups, these are indeed about the size of a gold dollar or half dime): [IMG]http://i1178.photobucket.com/albums/x380/rcannon5/06012011/IMG_0413.jpg[/IMG] [IMG]http://i1178.photobucket.com/albums/x380/rcannon5/06012011/IMG_0414.jpg[/IMG][IMG]http://i1178.photobucket.com/albums/x380/rcannon5/06012011/IMG_0415.jpg[/IMG][IMG]http://i1178.photobucket.com/albums/x380/rcannon5/06012011/IMG_0416.jpg[/IMG] I probably couldn't dream of putting together a collection of something like this, so now I just have to figure out what to do with this little fella; but that is, as they say, a "champagne problem." Moral of the story: There is still some treasure out there to be found if you have a good eye and don't mind doing a little research! Happy hunting! ;)[/QUOTE]
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My Incredibly Lucky Find (Or at least "So-Called" Find!)
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