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Abuelo's Collection

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Journal Entries posted by Abuelo's Collection

  1. Abuelo's Collection
    Well, the time came and I just acquired a new 2 escudos from the Central American Republic. It is a nice example, not terribly expensive as all gold CAR coins, and yes, problem free. I just need an 8 escudos to complete the type set. That one will have to wait as normally are more expensive than German Cars... Of course will not make it to the competitive set, but that does not bother me. What matters is that it is finally here.

  2. Abuelo's Collection
    This is a headache.
    This new format for the Journals is a headache. I am not sure on why the Collectors Society / NGC are not listening and return the ability to comment on postings. One of the nice things that this page had was the ability to communicate with other collectors. That is gone by the "improvements" made to the page. Ghastly.
  3. Abuelo's Collection
    Feels like winning the lottery!
    Today was one of those days when one just finds a coin of a lifetime, in no other place than eBay. This is the crown jewel of the medals coined in Central America (back then part of the Mexican Empire) to commemorate the coronation of Emperor Agustin. According to Carlos Jara (Mexican Coin Company Newsletter September/October 2014): "On October 31, (1822), the mayor of Guatemala City indicated that the amount of coins (medals) to be minted for that purpose (proclamation of Agustin I) should be of 400 pesos (or 3200 medals of 1 Real). On November 21, the ceremony for distributing the medals was fixed for December 26, and on December 14, it was reported that: "striking of medals would start the following day, including 4 gold pieces -- two for the Emperor, and one each for the Archbishop and General Captain Gabino Gainza". Surviving specimens in gold (a single specimen) and silver (scarce) are known according to Jara. Additionally, a few specimens of a mule striking in gold using the obverse of the Leon de Nicaragua medal and the reverse of this one are also known" (two ex-Eliasberg, one recently sold by Heritage). Therefore, as this is not the mule Nicaragua-Guatemala, it has a 50% possibility to be one of the medals presented to (and owned by) the Emperor. This is (despite the scratches on the bust of the Emperor) a very rare, possibly unique (or near unique likely R9 or R10!), medal. According to Buttrey (T. Buttrey, Jr "Central America under the Mexican Empire: 1822-1823" Museum Notes, American Numismatic Society 13:231-250;1967) an example of the Guatemala piece struck in gold was sold in the Jenks sale (Henry Chapman, Philadelphia, December 7, 1921), 7081. While very likely, it is unknown if this is the same specimen.

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  4. Abuelo's Collection
    Really? Really?
    Recently I got one of the most incredible coins, one that I have been chasing for years. Top of the pop by PCGS! However, oh my, the Collectors Society does not allow PCGS graded coins in the World Competitive sets... While I do not collect coins to put in the sets, well I felt cheated by the Society. This is a coin worth thousands of point and believe me, I am not about to spend 100 just to change holder to NGC (after adding S&H both ways + grading, etc). While normally I submit my coins to NGC I found this rule to be unfair against the collector. Other than greediness on the part of NGC I see no other reason to deny a PCGS coin in the sets. They do allow them on US sets; I see no reason for the exclusion from World sets. I doubt that this is because anyone thinks that PCGS grading is sub-standard or a similar reason. I hope the Collectors Society will re-think this rule that only annoys people. Unless of course they have a good and valid reason, and that one, I am dying to hear...
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