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TheHawaiianaNumismatist

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Journal Entries posted by TheHawaiianaNumismatist

  1. TheHawaiianaNumismatist
    A beautiful coin in my collection.
    This is its NGC World Coin Price Guide listing:
     
     
     
    http://www.ngccoin.com/price-guide/world/hawaii-ounce-akahi-1-crown-x-mb60-1991-cuid-136315-duid-339316
     
     
     
    Hawaii X# MB60 was issued in 1991 with a documented mintage of 55 specimens. The Princess Kaiulani Akahi Crown is 1 ounce of 0.999 fine gold and an uncirculated striking (identifiable by the number 1 (for 1 ounce) on the reverse).
     
     
     
    This is one of the most iconic designs created by the Royal Hawaiian Mint.
     
     
     
    Listed in the following Krause Publications as Hawaii X# MB60:
     
     
     
    1. Unusual Word Coins, 6th edition, 2011
     
    2. Standard Catalog of World Gold Coins, 6th edition, 2009
     
     
     
     
     
    Unusual Word Coins, 6th edition, 2011 currently reflects a value of $1950 (based on gold spot of $1500 at time of valuation in 2011). This was $450 above gold spot price at the time (indicating it was not simply based on spot gold). This valuation corresponds with the current NGC World Price Guide.
     
     
     
    The image is of a specimen in my collection that I plan to get NGC encapsulated/graded in the near future. You have to admire the frosted cameo on proof fields. And this is an uncirculated striking!

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  2. TheHawaiianaNumismatist
    Day 85 and counting ...
    My previous update on this topic was made on day 72 (read my earlier journal entry titled: "Patience is a good thing").
    Another 13 days have since passed.
    Once again, the saga of my three raw medals on the path to "certificationhood" continues.
    I believed (and hoped) that this saga would have ended today. I picked up my registered mail (from NGC) at the US Post Office and inspected its contents.
    The three medals (along with twelve others) made the trip back home safely. Each was graded and encapsulated. Certification was achieved. The grading outcome was acceptable and near my expected grade.
    After inspecting the original three medals (from the original "certificationhood" saga), I became destitute. To my disbelief a very simple mistake was made on the label. I'm not sure how it happened, but it is there. A simple typographical error.
    Unfortunately, each of the three original medals were mislabeled with the wrong year. Yes, the year. I checked my original invoice and the year was correctly provided. The year on the label is a mistake and I was not the source of this mistake. (My finger is being pointed and it's not in my direction.)
    The three original medals were to populate my Pearl Harbor medal collection. If you know your American history, one would know that Pearl Harbor was attacked in the year 1941 and not 1949. The label has a year of 1949.
    I can understand the mistake, but it you look at your computer keyboard. There are 7 keys between the number 1 and the number 9.
    To add insult to injury, three other medals (of the same type) also bear the incorrect year of 1949.
    I can say one positive thing. At least there is consistency with the error and the other nine medal labels are not affected by a mild form of numerical dyslexia.
    I have now a total of six mislabeled NGC graded and encapsulated medals.
    I have contacted NGC and demanded corrective action to resolve this problem.
    Day 85 and counting...or was that 58 (just kidding)
    Below is an image of the incorrect label.

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  3. TheHawaiianaNumismatist
    NGC census reflects a total population of 2 for the entire coin series...
    I've been looking hard and long to acquire this coin...
    I purchased a raw Undated Hawaii HK-722A so called dollar.
    She looks a bit scruffy, but hopefully NCS can work their eye appeal miracle for me.
    Hibler & Kappenan assigned a R-6 Fuld rarity scale to this coin. Between 21 - 75 specimens are possibly known to be extant.
    My Undated Hawaii So Called Dollar Type set is now complete. I'm planning to ship this coin and my HK-723 to NGC via NCS.
    My last journal entry pointed out the conflicting Medcalf & Russell designation and Hibler & Kappenan designation. I was astute enough to ignore the Medcalf & Russell listed price/designation (reason for the low number of bidders and resulting low winning bid). This coin was only listed with its Medcalf & Russell designation (and identified as a medal). As a result, this coin was unseen by the larger crowd of so called dollar collectors.
    This so called dollar is unique in that the obverse text names Hawaii as the 49th state (the coin designer really had a bad sense of timing, was politically inept or was simply guessing).
    The Undated Hawaii so called dollars types can be seen at
    http://www.so-calleddollars.com/Events/Hawaii.html
    Fuld rating can be seen in a sample copy of HK's book on google (bottom of page 137 and page 8 for the Fuld rating breakdown)
    http://preview.outside-affiliatelinksnotallowed.com/ab4e9dm
    NGC listind of HK-722A
    http://www.ngccoin.com/NGCCoinExplorer/CoinDetail.aspx?CoinID=852076

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  5. TheHawaiianaNumismatist
    Day 4 of 17 day vacation on East Coast, USA
    Mele Kalikimaka me ka Hau'oli Makahiki Hou = Merry Christmas and a Happy New Year
    Unfortunately, I was not invited on Air Force One with the President and his family for the holidays in Hawai'i (also my home state).
    Speaking of Presidents, I did update the Dwight D. Eisenhower Wikipedia page (Legacy and memory section).
    1) Added text about the history of the Eisenhower POTUS appreciation medals.
    2) Added example images of an Eisenhower POTUS appreciation medals.
    3) Added a link to my NGC Registry set on the Eisenhower POTUS appreciation medals.
    Has anyone actually embedded a Wikipedia link to the NGC Registry before?
    Type in "Wiki Eisenhower"in your search engine.
    The working link is also in the first Discuss on Chat Boards of this Journal entry.
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  6. TheHawaiianaNumismatist
    Within the book Hawaiian Money, 2nd Edition, by Medcalf & Russell (book listed in NGC US Coin Reference, American Overseas Territories), a series of private mint issues from The Hawaiian Mint (THM), aka Royal Hawaiian Mint (RHM), are cataloged.
    Several of the original issues are not listed as per the official RHM database (it's a spreadsheet provided by the RHM documenting its issues, mintages, and specialized notes). This spreadsheet is titled Waifs in Gold Boots which was produced by the RHM and was made available to the public at their website. Unfortunately, the RHM removed it years ago. Several advance Hawaii collectors have been sharing the original Waifs in Gold Boots spreadsheet.  Knowledge is power in collectables.   I have been refreshing/updating a personal copy and calling it Waifs in Gold Boots Rev A. (don't ask, I will not share it).
    However, I made an educational video to share how to identify the Type 1 - small blemish (as defined in Hawaiian Money, 2nd Edition) issues.    Waifs in Gold Boots calls the blemish a "welt". The following video shows the "welt". The medal shown is unlisted in Hawaiian Money, 2nd Edition. The medal obverse is 2MB-1 and reverse is 2MB-5 (using the Hawaiian Money, 2nd Edition identifiers). The medal is listed in Waifs in Gold Boots. As an interesting note, the "Earth Symbols" reverse design (2MB-5) is partially used on the infamous 1998 NORFED Dollar (image shown in this journal entry).
     

  7. TheHawaiianaNumismatist
    Two NGC designations (medal and coin)!
    As I was putting away my recent arrivals from NGC, I re-examined my "UNDATED 2M-329 HAWAII ALOHA CARNIVAL HAWAII ISLAND SEAL" in VF 25 (pictured below). Then it occurred to me to check the NGC census....
    Then a new issue presented itself.
    The UNDATED 2M-329 HAWAII ALOHA CARNIVAL HAWAII ISLAND SEAL and UNDATED HI HK-721 HONOLULU CARNIVAL DOLLAR SC$1 (as listed in the NGC Census) are the exact same coin from different collector perspectives. The first is from the Hawaii medal collector perspective. And the latter is from the so called dollar collector perspective.
    That is, the 2M-329 uses the Medcalf & Russell book for its design and attribute designation. While the HK-721 uses the Hibler & Kappen book for its design and attribute designation. One is a medal and the other is a so called dollar. And yet they are the same numismatic item!
    This dual identity dilemma skews the census population for the HK-721, by not including the 2M-329 count (2M-329 is not listed in the NGC census).

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  8. TheHawaiianaNumismatist
    I bought Hawaii, however it was not an entire island....
    I don't have deep pockets like Larry Ellison (billionaire Oracle Corp. CEO) to buy the island of Lanai in Hawaii....
    But I did recently buy a HK-548 Hawaii Statehood So-Called dollar to add to my collection. I already have one that is NGC graded MS66. However, this beauty is MS64PL.
    NGC census indicates only 6 PL have been graded (3 MS66PL and 3 MS64PL). Total HK-548 graded by NGC is 27.
    http://www.ngccoin.com/NGCCoinExplorer/CoinDetail.aspx?UCID=2ESL
    Price was a steal on eBay. I did some online research (I remembered a MS64 sold in an April 2012 Heritage auction). That buyer paid $230 without buyer's premium. My recent purchase cost was only 23% of the April 2012 price (and I got a PL version).
    Picture is of my favorite beach on the north shore of Oahu. Actual picture taken by me. And yes those are my foot prints. Enjoy...

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  9. TheHawaiianaNumismatist

    Aloha

    By TheHawaiianaNumismatist,

    An Hawaiian idea for my new custom set ....
    As most of you are aware, I have a keen interest in coins, medals and tokens from Hawaii.
    Stage 1 of my Hawaii Statehood Medal collection is complete. The next stage is to collect each of the 17 remaining variations. The gold variations will be extremely tough to locate and obtain.
    In the meantime, I have set up an intermediate goal for a Territory of Hawaii Souvenir Set. The time period is set (Territory of Hawaii). The specific items to collect was not set.
    My challenge was finding a listing from the time period and have done so. I have no objections to the current listings compiled in Medcalf and Russell (Hawaiian Money Standard Catalog), but they categorized items by similarity (i.e. cafeteria tokens, saloon tokens, etc...) I wanted a time period collection.
    Upon reviewing the literary material in my library, I came across page 40 in the book Hawaiian Coins, Tokens and Paper Money (by Maurice M. Gould and Kenneth Bressett, published in 1961). This is now my short term collecting goal which only requires 5 pieces.
    The image is page 40 from the book .... Hawaiian Coins, Tokens and Paper Money by Maurice M. Gould and Kenneth Bressett. Item 116 and 119 are so called dollars and information can be obtained from Hibler and Kappen book. The other 3 items are a challenge to investigate (their manufacturer, mintage (re-verify), variations, etc...). This challenge has begun!

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  10. TheHawaiianaNumismatist
    It really has been a busy week for me ...
    On Monday I was lead in setting up a Asian Pacific American Heritage month celebration display. In the previous years, I displayed a few of my Hawaii medals and coins. A very interesting way of introducing numismatics to new collectors. Later in the day I attended a engineering conference tutorial.
    On Tuesday I attended an engineering conference. Later that day I filed a provisional patent (my first ever) to the US Patent office.
     
    On Wednesday I attended an engineering conference. Later in the day I presented my engineering paper at a scheduled conference sessions.
    On Thursday I was a so-called sushi chef preparing various types of sushi during the lunch hour at my place of employment. I did work a full workday.
    On Friday I had a regular workday. I was out bid on a Heritage Auction lot that I need to complete my Hawaii Statehood collection. I'm not sure if I should exceed my limit of $10,000 for a gold Hawaii Statehood medal (one of only 58 minted). Next bid is $12,000 (ugh)...
    On Saturday I was preparing for my 2012 NAPEX (Stamp Show exhibit). http://www.napex.org/exhibits.htm I'm scheduled to be exhibit #206. A very fun way to write, share and compete.
    On Sunday I acquired my latest medal (Warrior Dash finishers medal). Unfortunately, I was bogged down in a crowd and did not break the top ten as I did last year. Or within the top 20 in the year before. Both for my age group.
    I also added my newly acquired 1933 Honolulu Clearing House note to the NOTE registry (i.e. PMG Collector Society)(NGC Collector Society sister site) http://notes.www.collectors-society.com/registry/notes/UserNoteDetail.aspx?UserNoteID=7632&UserCollectionID=461
    Hopefully, I can relax this coming week and enjoy the Memorial Day weekend...

  11. TheHawaiianaNumismatist
    1959 Official Alaska Statehood Medal Progression Set
    I have not found any instance where a similar progression set was listed at a major auction house.
    There is one instance where "completed" medals (in different finishes and coloration) were auction listed.
    http://preview.outside-affiliatelinksnotallowed.com/bf8b9ol
    There is one instance where a single "trail strike" was auction listed.
    http://preview.outside-affiliatelinksnotallowed.com/a9ell2m
    This set is definitely housed in an archival "plaque" (term used on the sister set...1959 Official Hawaii Statehood Medal Progression Set).
    On the bottom of the Alaska plaque, its linen finishing tape has lost its adhesiveness and the archival layers can be seen. In addition, the plaques are sealed in a similar manner as conservation framing.
    http://preview.outside-affiliatelinksnotallowed.com/a64jmt9
    The rarity of this Alaska set is still unknown.
     
    The set is shown in the picture below. As previously described in Part 2, the workmanship, material and quality in both the Alaska and Hawaii sets are the same.

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  12. TheHawaiianaNumismatist
    Not a typo...
    Today (August 21, 2015) is the anniversary of Hawaii Admission Day or Statehood Day. Hawaii is actually the 50th State.
    However, So-called dollar HK-722a claims Hawaii is the 49th State (sorry Alaska). See image.
    Most HK-722a are holded to obliterate this "49" design error (overzealous designer, manufacturer, and issuer).
    The image is an intact specimen I purchased last month.
    It's my submittal candidate for HK-722a top pop. NGC population is a mere 3 specimens with a top pop grade of MS 63.
    Even the major reference book So-Called Dollars by Harold E. Hibler and Charles V. Kappen has a holed specimen as a plate medal.

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  13. TheHawaiianaNumismatist
    What precedes a "First Releases" and "Early Releases"?
    "Release Ceremony"!
    It took some effort to get this designation on this gold 2012 W $5 Star Spangled Banner Commemorative in PF 70 UC.
    Its permanent new home is in the museum collection at Fort McHenry National Monument and Historic Shrine in Baltimore Maryland.
    This is a 3rd Journal Entry relating to my efforts of these gifted coins. Other two entries:
    My Pending Set Donation dated 3/27/12
    I Was There! dated 3/7/12
    Plan to make another journal entry when my time permits...

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  14. TheHawaiianaNumismatist

    Boom

    By TheHawaiianaNumismatist,

    The Resolution
    The intent of my rant was to bring to light issues that should not be repeated to anyone in the NGC customer base. Notice the term I used was NGC customer base as it affects all of you...
    I advocated the following during my phone conversation with NGC and these items are to be followed up on. Again, this is what I advocated from my talking points on my writing pad...
     
    1. To prevent misidentified ineligibility: Create a NCS/NGC policy for collaborating on eligibility/ineligibility determination. Policy should be documented and posted online.
    2. Handling of misidentified ineligibility (item was returned to submitter): Create shipping policy (state who pays); Create turnaround policy (state how long and if expedite service will /will not occur), and Create re-submittal policy (state the process and the steps to be taken). Policies should be documented, posted online, and referenced in customer service inquiry section.
    3. To prevent incorrect labeling: Create an expedite resolution policy (for customer service) for a submitter found error on the Collector Order Tracking webpage. Policy should be documented and posted online. Collectors should be made aware to re-examine online invoice and review for correctness.
    4. Handling of incorrect labeling (item was returned to submitter): Create shipping policy (state who pays); Create a turnaround policy (state how long and if expedite service/will not occur), and Create a re-submittal policy (state the process and the steps to be taken). Policies should be documented, posted online, and referenced in customer service inquiry section.

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  15. TheHawaiianaNumismatist
    When I saw the Hawaii Uniface SCD HK-537 being offered for sale I jumped at the chance to own it. I've look hard and far to have one in my collection.
    This well known dealer convinced my to purchase the Alaska Uniface SCD HK-536 in order to keep them as a pair. It was good that I listened to him.
    These two medals are currently the only pair graded by NGC (or any other TPG company).

  17. TheHawaiianaNumismatist
    I've been collecting and selling coins from my collection as a means to an end ....
    Rare coin collecting has been a very enjoyable and profitable hobby for me. I have been collecting and reselling rare coins as a means of supplementary support while pursuing each of my academic degrees. I have four conferred academic degrees, so this means to an end has really helped me out. My degrees include (from lowest to highest): AAS in Electronic Technology, BS in Computer Science, MS in Systems Engineering and a PhD in Systems Engineering.
    At times it was very hard to let go what I collected and cherished. Each time I sold a piece from my collection, I would comfort myself with the idea that I will purchase a similar coin in the future to rebuild my original collection.
    Lately I have been inquiring about replacing a few of my territorial gold pieces and have been shocked in the increase in value. Yes, the price of gold has increased. But, the rarity of the coins has also boosted their prices.
    The below scan is of my 1851 "slug" that was once in my collection and was sold to support me in pursuing my MS degree at Johns Hopkins University. This slug has increased over 346% value since I owned it. Its catalog price is hovering at $45,000 level as of today. In 2001, I originally paid $13,000 for this beauty.
    I read Dr Kagin's book, Private Gold Coins and Patterns of the US (1981) before buying this gold beauty. He placed an R6 rarity (13 - 30 known pieces) and it matches current population reports. An XF40 sold in 2011 for $54,625...yikes!

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  18. TheHawaiianaNumismatist
    Day 72 and counting...
    I'm not complaining or wish any ill will on anyone on the NCS and NGC staff...
    On November 8, 2012 NCS received 4 medals on invoice 5413920.
    Medals were conserved and shipped to NGC.
    On December 5, 2012, NGC declared the medals as ineligible type.
    An email was sent to NGC asking for the reason why the ineligible status was assigned.
    December 10, 2012, NGC replied indicated it was an error for declaring the items as ineligible. I was told that the medals were shipped back to me and I must resubmit when received.
    I received the medals from NGC.
    To save on shipping costs. I combine the returned medals with additional medals on a new invoice. (I also requested reimbursement for the original shipping cost for the mix-up).
    On December 26, 2012 the medals were received by NGC.
    On January 23, 2013 the status of invoice 2782013 was updated to Scheduled for Grading.
    A perspective: Original submittal was sent prior to 2012 Election Day (November 6, 2012). 2013 Inauguration Day (January 21, 2013) has come and passed. I predicting that I will have my medals back someday...Groundhog Day? Super Bowl Sunday? Mardi Gras? Valentine's Day? Or maybe President's Day?
    Day 72 and counting...

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  20. TheHawaiianaNumismatist
    Packed up my next 5 item submittal. Bumps up my total to 16 items in the queue at NCS/NGC.
    I was filling out my NCS submittal form and reviewing both the Medcalf & Russell and Hibler & Kappen reference books to correctly describe/identify each coin entered on the form.
    Upon reading the HK-723 description I became curious. The words "...except obvious die variety." was an invitation to compare my HK-722 against my HK-723.
    I looked at each medal individually with my loupe. I then did a spot comparisons between each looking for differences. Then they popped out at me.
    Thank you Hibler & Kappen for the conservative nondescript description. Picture comparison is below.
    I also rechecked the NGC census and the current population for the HK-722A and HK-722B. The difference is the bright bronze vs antiqued bronze finish of the medal.
    HK-722A population is 1. HK-722B is not even listed (I take it to mean 0 population). Also, HK-722 (in nickel-silver) has a population of 1.
    I listed the medal as a HK-722B on the form. Hopefully, NGC will be on my side on the antiqued bronze finish.

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  21. TheHawaiianaNumismatist
    This blog entry is not Hawaiian related....
    While performing research on my book on the   http://www.potus-sgm.com/   I tracked down the dual torch design of Frank Gasparro (I previously shared this research find at another numismatic website and wanted to share it here).  In the image:
    Left is the obverse of a Class 2 Eisenhower President of the United States  (POTUS) special Government medal (sGm) with the dual torch by Frank Gasparro and manufactured by the Bureau of the Mint in 1960.
    Middle is the reverse of the President Kennedy inauguration medal with the dual torch by Frank Gasparro and manufactured by the Bureau of the Mint in 1961.
    Right is the reverse of the General MacArthur congressional gold medal with dual torch by Frank Gasparro and manufactured by the Bureau of the Mint in 1962.
    Imagine that! Mr. Gasparro used the dual torch design in consecutive years (1960, 1961, and 1962) on three medal types (special Government medal, inauguration medal, and a congressional medal).
    If you interested in what is a POTUS sGm, visit the website link above.
     

  22. TheHawaiianaNumismatist
    Hopefully this should ERUPT with a search ...
    I've been reviewing my previous blog entries at my own website (not here to promote it) and would like to engage the members here to search or locate a possible non-existent So Called 50 Cent (SC50C) variety.
     
     
     
    Back in March 2013, I documented the existence of a low volcano and high volcano variety for the 1959 Silver SC50C Hawaii Statehood Heraldic Art Medal at my website.
     
     
     
    I'm in search of a specimen to disprove a theory. I'm looking for a low volcano thick planchet specimen.
     
     
     
    My theory is:
     
     
     
    1. The low volcano die was used first on thin silver planchets.
     
     
     
    The gold version of this medal has the low volcano die (indicates it was struck before the required US government change).
     
     
     
    2. The high volcano die was later used on thin silver planchets.
     
     
     
    The US government required a change to a thick silver planchet since the thickness was the same as the US half dollar.
     
     
     
    3. The high volcano die was then used on thick silver planchets.
     
     
     
    4. There should NOT be a low volcano die on thick silver planchets.
     
     
     
    To disprove this theory I must locate a low volcano thick silver planchet specimen (which should not exist).
     
     
     
    The bottom Image shows how to detect the two varieties.
     
     
     
    The upper images from right to show the progression of the die usage from thin to thick planchets.
     
     
     
    Anyone has or seen a thick low volcano?

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  23. TheHawaiianaNumismatist
    I was observing the hula dancer then ...WAM BAM
    As I was checking my hoard of Hawaii Statehood SC50C (aka 2MS-4 and 2MS-5, as defined in the NGC sanctioned and approved referenced book, Hawaiian Money Standard Catalog) I made a discovery.
    I was performing a NGC 68 to NGC 68 comparison to improve my grading ability (I was also comparing my NGC 66 and 67).
    WAM BAM, it hit me. I saw a shifting volcano.
    As the pictures indicates. Focus on the hula dancer's head. Then look at the volcano placement. Her forehead matches the original die volcano. Her chin matches the reworked die volcano. Notice the change in the slope's angle.
    When focusing on the right sided volcano on the original die, the slope's angle is steep. On the reworked die, the slope's angle becomes less steep and the volcano has gained structure.
    There are other traits of this reworked die such as less detail in the clouds and the waves. The waves have taken a clumpy position.
    In the picture, the left is the original die.
    I posted this find at another social media site first...

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  24. TheHawaiianaNumismatist
    I once took a date to see the the National Numismatic Collection ...
    http://americanhistory.si.edu/collections/index.cfm
    One of the best things about living in the Washington DC metropolitan area is the richness in historical artifacts. I intentionally look for new experiences in the area. As such, I also like to share my interests. On one occasion I took a date to visit the National Numismatic Collection to share my interest in coins. She was enthralled with my hobby after viewing some of the rarities on display.
    I also like to point out that every so often the Smithsonian Institution holds a book sale. I need to research this further. On an antique shop junket in Maryland, I came across a few coin books stamped as property of the Smithsonian Institution. The shop owner said he purchased books from one of their sales. Needless to say, I put them on eBay and made a tidy profit.
    Mmmm....I need to plan a few antique shop junkets as soon as the summer weather sets in.

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  25. TheHawaiianaNumismatist
    I had to remove my original journal entry ...
    For those of you who read my original entry (posted this past weekend) got a glimpse of a recent purchase I made. It was about a naive auction lot seller and informed auction lot buyer.
    I removed the journal entry as the auction purchasing process is still running its course. I will re-post the original journal entry, provide an updated journal entry and point out additional interesting material I found relating to the purchased item.
    This purchase event reminded me of a past experience I had with a established silver dollar dealer. I purchased two raw mint state 1900-O Morgan silver dollars. I visually reviewed/compared my newly acquired coins against the VAM variety photos. I was surprised, then ecstatic.....I had unknowingly purchased two 1900-0/CC errors at the 1900-O price.
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