[Nfbf-l] FW: NFBF 2011 Convention Auction Donations

[Sherrill O'Brien]

Hello everyone,

Our auction is fast approaching, and, as in the past two years,  my neighbor
and Tampa Bay chapter member Chuck Marchese, an enthusiastic neumismatist
(coin collector), is generously donating coins for our auction. I asked him
to send me an email with the coin descriptions, and he certainly does that
here. This is alot of info, and some of it is technical, but I know it will
help you determine whether you would like to bid on any of these items for
yourself, or to give as a gift to someone. Also, if you know anyone who
collects coins, but who won't be at the auction, perhaps you should let them
know about these coins in case they would like to have you bid on them on
their behalf.

Note that, new this year, we have a couple of silver dollars.
Again, thanks to Chuck  for his willingness to help us make our auctionso
successful!
The information is below my signature.

Sherrill

-----Original Message-----
From: marcheseao [mailto:marcheseao at aol.com]
Sent: Monday, May 23, 2011 6:36 PM
To: sherrill.obrien at verizon.net
Subject: NFBF 2011 Convention Auction Donations


Hi Sherrill,

     Here's the list of the 4 items I'm donating to the NFBF 2011 Convention
auction.

     Item 1: 1884-O Morgan Silver Dollar
                 This coin comes in a plastic slab and is ungraded. This IS
a nice, circulated
                 example of a fairly common coin that still has plenty of
luster and a minimum
                 of bag marks. I found about 15 pages ( 696 ) 1884-O Morgan
silver dollars
                 offered for sale on eBay now and a number of coins similar
to this are listed
                 with starting bids in the $30-$35 range.

                 This coin is 90% silver so with silver trading at just over
$35.00 an ounce, the
                 melt value of this coin is about $27.00. That said, I would
recommend to start
                 the bidding on this coin in the $22-$24 range.

      Item 2: 1885-O Morgan Silver Dollar
                 This coin comes in a plastic slab and is ungraded. Similar
to the 1884-O listed
                 above, it also is nice, circulated example of a fairly
common coin that still has
                 plenty of luster and a minimum of bag marks. I found 2-3
pages ( 115 ) 1885-O
                 Morgan silver dollars offered for sale on eBay now and
several coins similar to
                 this are listed with starting bids in the $30-$40 range.

                 Identical in characteristics to the 1884-O mentioned above,
this coin is also
                 90% silver so with silver trading at just over $35.00 an
ounce, the melt value
                 of this coin is about $27.00. That said, I would recommend
to start the bidding
                 on this coin in the $22-$24 range.

        Item 3: 2000 1/10th Ounce $10 American Eagle Platinum Coin
                 This coin is certified MS-69 ( MS-70 would be perfect ) by
NGC ( Numismatic
                 Guaranty Corp ) and comes in a plastic slab so there is no
need to be concerned
                 about its authenticity or quality. This US Mint produced
bullion coin is very common
                 so it has little to no numismatic value.

                 I could only find a handful of 2000 1/10th Oz platinum
coins on eBay and their prices
                 ranged as high as $300 per coin.

                 The value of this coin comes from the fact it contains
1/10th of an ounce of .99995
                 pure platinum. With platinum currently trading in the $1750
/ ounce rabge now ( 5/23 ).
                 the coin should bring at least $175 and may go
substantially higher. That said, I'd suggest
                 an opening bid of at least $175.

      Item 4: 1999 George Washington $5 Commemorative Gold Coin
                 This coin is certified MS-69 ( MS-70 would be perfect ) by
NGC ( Numismatic
                 Guaranty Corp ) and comes in a plastic slab so there is no
need to be concerned
                 about its authenticity or quality. This US Mint produced
modern gold commemorative
                 coin has both bullion ( melt ) as well as a small amount of
numismatic ( collector )
                 value. The US Mint produced 22,511 of these coins in 1999.

                 I could only find a handful of 1999 George Washington $5
Gold commemorative
                 coins on eBay now and their prices ranged from about melt
value ( $375 ) on the
                 low end to upwards of $475 on the high end.

                 The value of this coin comes from the fact it contains just
under 1/4th of an ounce
                 ( .242 oz ) of 90% fine gold. With gold currently trading
in the $1515 / ounce range
                 ( 5/23 ). the sale of this coin should realize at least
$375 based on its bullion value
                     alone; I'm hoping the final sale price comes closer to
$450. I'd recommend an opening
                 bid of at least $375 ( melt value ) for this item.

     I hope this helps, Call me if you have any questions or to set up a
time to pick them up ...

       Chuck

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