COINage

Legendary 1933 Saint-Gaudens Double Eagle

Certified by PCGS; Verified by CAC

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The 1933 Saint-Gaudens Double Eagle, which set an all-time record in June 2021 for the highest price realized of a coin sold at a public auction, was recently graded, certified and encapsulat­ed by the Profession­al Coin Grading Service. This comes after PCGS graded the coin MS-65 just prior to its sale at a Sotheby’s auction on June 8, 2021 for $18,872,250, or almost double the previous record set by a 1794 silver dollar graded by PCGS that sold for $10 million in 2013.

“It’s a career highlight,” says PCGS’s outgoing president Brett Charville.“We are absolutely thrilled to holder the 1933 Saint-Gaudens Double Eagle. We certified the coin MS-65 just before it sold, and now the new buyer wants to protect the unique rarity in our industry-leading, tamper-evident holder to ensure the security of the coin and maximize its value.”

The coin was submitted by GreatColle­ctions.com, one of the world’s leading auction houses for certified rare coins and banknotes. The Orange County, California, firm plans to display the rarity at the upcoming ANA World’s Fair of Money in Chicago, Illinois, on behalf of the anonymous owner.

GreatColle­ctions president Ian Russell spoke of the submission to PCGS. “We have likely submitted 500,000+ coins to PCGS over the past 10 years, but the standalone highlight was this 1933 $20. It is the pinnacle of numismatic­s, and we are grateful to the owner for entrusting it with us.”

Russell’s firm later submitted the coin to the Certified Acceptance Corporatio­n (CAC) for verificati­on of the MS-65

grade, which it received. The coin was later displayed at the ANA with the CAC holographi­c green sticker.

Russell, whose firm GreatColle­ctions. com handles over $100 million in rare coins each year, notes that the 1933 Saint-Gaudens is one of those elusive coins that may go decades between appearance­s at auction. “The current owner of the rarity set a goal back in 2002 to own the coin one day, and 19 years later, his dream came true. Although it’s difficult to predict the future, I think it will be many years before this coin appears on the market again.”

John Albanese, the founder of CAC who cofounded PCGS in 1986 and as a longtime dealer regularly handles encapsulat­ed rare coins, says the eye appeal of the 1933 Saint-Gaudens Double Eagle is magnificen­t. “The strike and surfaces of this example are above par. It’s simply a beautiful coin.”

DISTINGUIS­HED NUMISMATIS­TS TO RECEIVE ANA AWARDS

Every year, the American Numismatic Associatio­n (ANA) recognizes members who go above and beyond with their service and dedication to numismatic­s. This year’s award recipients include, COINage columnist Michael Fuljenz, as well as Eric Holcomb, Prue Morgan Fitts, and Ricardo de León Tallavas.

The Adna G. Wilde Jr. Memorial Award for Exemplary Service honors an ANA member who enthusiast­ically dedicates time, expertise and resources to strengthen the hobby, and, in particular, furthers the educationa­l mission of the ANA. This year’s recipient, Eric Holcomb, has accomplish­ed this many times over, primarily thanks to his aptitude for the written word.

Holcomb has served as the editor of MintMark, the newsletter of the ANA’s Representa­tive Program, since 2002 (with a brief hiatus from 2006-08). Under his adept leadership, the quarterly bulletin has seen dozens of successful issues. The Oregon resident also lends his writing skills to his local area – since 1996, he has edited the Pacific Northwest Numismatic Associatio­n’s journal, The Nor’wester. Holcomb also serves as president of the Bend Coin Club of Central Oregon, a position he’s had since 2012.

The retired aerospace engineer has been an ANA member for 42 years and a district representa­tive for 13. In that time, the Associatio­n has recognized him with the Outstandin­g District Delegate award (2013), Presidenti­al Award (2004), Glenn Smedley Memorial Award (2014) and Medal of Merit (2017).

The Associatio­n’s Medal of Merit is bestowed on members who have dedicated years of service to numismatic­s. Prue Morgan Fitts came to numismatic­s later in life than most and has since become deeply involved on all levels, from personal to quasi-profession­al. Volunteeri­ng at convention­s in the mid-1990s fueled her interest in several collecting areas, but she became focused on the Byzantine Empire when she inherited a clutch of gold “scyphates” and solidi from her father. She took ANA Summer Seminar courses on Roman and Byzantine coins and soon became an instructor on the latter topic and earned accreditat­ion as an exhibit judge. She also developed a unique seminar course titled “Women in Power and in Art.”

Fitts regularly shares her enthusiasm with local and regional clubs as well as at ANA events. Her contributi­ons as a lecturer plus her willingnes­s to serve effectivel­y in any capacity as a convention volunteer was recognized with a Glenn Smedley Memorial Award in 2002.

Fitts is empress of the Associatio­n of Dedicated Byzantine Collectors and a past president of Women in Numismatic­s. Her articles on Byzantine coinage, published in The Celator, have been well received. Her book, The Beginner’s Guide to Identifyin­g Byzantine Coinage, was published in 2015.

Fitts currently serves on the board of the Boston Numismatic Society and the New England Numismatic Associatio­n. She is a former Governor of the ANA (2005-07). In addition to the Medal of Merit, Fitts has received ANA Presidenti­al Awards (2004 and 2009), the Farran Zerbe Memorial Award (co-awarded with Arthur Fitts, 2012) and the Elvira Clain-Stefanelli Memorial Award (2018). Her record of leadership and accomplish­ment, as well as her enthusiasm and cheerfulne­ss, is exemplary. The ANA Medal of Merit is a fitting and worthy recognitio­n of her contributi­ons to the ANA and the hobby. Few women have so selflessly devoted as much time, talent and treasure to numismatic­s.

“WE HAVE LIKELY SUBMITTED 500,000+ COINS TO PCGS OVER THE PAST 10 YEARS, BUT THE STANDALONE HIGHLIGHT WAS THIS 1933 $20. IT IS THE PINNACLE OF NUMISMATIC­S, AND WE ARE GRATEFUL TO THE OWNER FOR ENTRUSTING IT WITH US.” Ian Russell, GreatColle­ctions.com

Ricardo de León Tallavas is the epitome of a numismatic ambassador. He represents the ANA throughout Latin America and is the Associatio­n’s district representa­tive for Mexico. Tallavas is a dedicated elementary schoolteac­her and incorporat­es his love of numismatic­s into his students’ curriculum. He meets weekly with a coin club composed of fifth and sixth graders nominated by their teachers to partake in this extracurri­cular opportunit­y. He provides coins for the kids to research and worksheets for them to record what they have learned. His educationa­l fervor also helps fuel his numismatic enthusiasm, as evidenced by his recurring role as an ANA Summer Seminar instructor. Tallavas is a leading authority on Mexican numismatic­s, and his classes are well attended.

He has delivered more than 50 lectures outside the seminar programs, many in countries south of the border. He has been a designated representa­tive at six major internatio­nal conference­s of numismatis­ts and historians in almost as many nations. Tallavas has attended ANA convention­s as a national volunteer for over a decade, serving at registrati­on, providing interpreti­ng when needed, and assisting at the Kids’ Zone. He has written or contribute­d to nine books and over 40 articles, the latter mostly in Spanish-language journals. He is a licensed broadcaste­r in Mexico and anchored a numismatic program in his hometown before moving to Houston, Texas.

His passion for the hobby has earned him many accolades. He was awarded the Glenn Smedley Memorial Award (2011), Catherine Sheehan Literary Award (2011) and Outstandin­g District Representa­tive award (2019), among other honors. He has certainly proven to be worthy of the Medal of Merit, for which the criteria for bestowal are accomplish­ment of “numerous years of service to the ANA as well as promotion of numismatic­s.”

This year’s Harry J. Forman Dealer of the Year award recipient is Michael R. Fuljenz, a longtime advocate and benefactor of the ANA, as well as a former ANA authentica­tor, grader, and seminar instructor. He is not only an outstandin­g numismatic educator and community leader, but he also has helped many collectors and dealers who were victims of fraud. His primary focus is combating counterfei­ts in the marketplac­e and assisting law enforcemen­t agencies in solving numismatic crimes.

In 2020, Fuljenz provided the funds for an investigat­ive reporter to purchase coins and bullion ingots from the Chinese Internet sales platform Wish. One of the coins was a counterfei­t 1933 Saint-Gaudens double eagle that violated the United States Protection Law for counterfei­ts. He also helped a Louisiana physician obtain a $1 million refund; this is one of many fraud cases he has helped solve. He has served as a consultant to the Federal Trade Commission, the United States Mint, the Royal Canadian Mint and the Texas Attorney General.

Fuljenz sits on the boards of the National Coin & Bullion Associatio­n (NCBA) and the Crime Stoppers of Beaumont (Texas). The former Numismatis­t columnist also is a contributo­r to A Guide Book of United States Coins (the “Red Book”), and he teaches numerous seminars on counterfei­ting and numismatic crime. Fuljenz has been recognized with more than 60 Numismatic Literary Guild awards since 1986. Past ANA honors include a Presidenti­al Award (1995), Glenn Smedley Memorial Award (2013) and Medal of Merit (2014).

“THE EYE APPEAL OF THE 1933 SAINT GAUDENS DOUBLE EAGLE IS MAGNIFICEN­T. “THE STRIKE AND SURFACES OF THIS EXAMPLE ARE ABOVE PAR. IT’S SIMPLY A BEAUTIFUL COIN.” John Albanese, founder and president, Certified Acceptance Corporatio­n

THIS YEAR’S HARRY J. FORMAN DEALER OF THE YEAR AWARD RECIPIENT IS MICHAEL R. FULJENZ, A LONGTIME ADVOCATE AND BENEFACTOR OF THE ANA... HE IS NOT ONLY AN OUTSTANDIN­G NUMISMATIC EDUCATOR AND COMMUNITY LEADER, BUT HE ALSO HAS HELPED MANY COLLECTORS AND DEALERS WHO WERE VICTIMS OF FRAUD.

 ?? COURTESY PCGS ?? Ian Russell of GreatColle­ctions. com holds the 1933 SaintGaude­ns double eagle graded Mint State-65 by the Profession­al Coin Grading Service (PCGS).
COURTESY PCGS Ian Russell of GreatColle­ctions. com holds the 1933 SaintGaude­ns double eagle graded Mint State-65 by the Profession­al Coin Grading Service (PCGS).

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