$500 Federal Reserve Note, 1884CC Morgan MS66 & 284 Graded C

Description

"$500 Federal Reserve Note, 1884CC Morgan MS66 & 284 Graded Coins - No Reserves!" COLLECTOR'S GUIDE TO PREMIUM ESTATE COIN AUCTION Premium Estate Coin Collection: $500 Federal Reserve Note, Key Date Morgan Dollars & Professionally Graded Rarities BIDDER EDUCATION CENTER: UNDERSTANDING EXCEPTIONAL NUMISMATIC VALUE Welcome to one of the finest coin auctions we've ever presented! This carefully curated 284-lot estate collection combines museum-quality centerpiece items with an extensive array of professionally graded coins, complete albums, and silver content pieces. Every item starts at just $5 with NO reserves, but the true value lies in understanding what makes these pieces genuine collector treasures. TIER 1 EXCEPTIONAL VALUE OPPORTUNITIES LOT 101a: 1934 $500 Federal Reserve Note Graded VF by Owner Historical Significance: The $500 Federal Reserve Note represents the pinnacle of U.S. currency collecting. These notes were discontinued in 1969 during President Nixon's administration due to concerns about money laundering, making them increasingly scarce in today's market. Current Market Reality: Recent auction sales show VF-grade 1934 $500 Federal Reserve Notes selling for $1,500 to $2,500, with a recent VF-35 example bringing $2,160 at major auction. Only an estimated 150,000 examples survive from the original printing of nearly 2 million notes. Collector's Intelligence: The 1934 series represents the most available date for collectors entering the high-denomination currency market, yet even these "common" dates command substantial premiums. VF (Very Fine) condition indicates light circulation with all major design elements clearly visible - the sweet spot for collectors seeking quality without gem pricing. Investment Perspective: High-denomination U.S. currency has shown consistent appreciation over decades, driven by fixed supply and growing collector interest. The $500 note sits at the entry level of serious currency collecting, below the $1,000, $5,000, and $10,000 denominations. LOT 113: 1884CC Morgan Dollar Graded MS66 by PCS Key Date Importance: The 1884CC Morgan Dollar represents one of the most significant issues from the legendary Carson City Mint. Carson City Morgans command premium prices due to the mint's colorful Wild West history and relatively low mintages compared to other facilities. Professional Grading Advantage: The MS66 grade by PCS (Professional Coin Services) places this coin in the top 5% of surviving examples. In today's market, 1884CC Morgan Dollars in MS66 condition typically sell for $800 to $1,500 depending on eye appeal and market conditions. Collector's Gold Standard: Carson City Morgan Dollars are considered the "holy grail" of Morgan collecting. The "CC" mintmark carries a 2-4x premium over similar condition coins from other mints due to the facility's mystique and the limited production years (1878-1893). Market Intelligence: Morgan Dollar collecting remains one of the strongest segments in U.S. numismatics, supported by the U.S. Mint's continued release of new Morgan Dollar issues that maintain category awareness and collector interest. LOT 208: 1937D Buffalo Nickel 3-Legs Variety Graded XF by Owner Hidden Gem Alert: This lot contains one of the most famous and sought-after varieties in 20th century American numismatics. The 1937D 3-Legs Buffalo Nickel resulted from excessive die polishing that removed one of the buffalo's legs, creating an instant collectible. Market Value: XF (Extremely Fine) examples of the 3-Legs variety typically sell for $300 to $800, making this potentially the highest value-to-starting-bid ratio in the entire auction. Many casual bidders may overlook this variety, creating opportunity for knowledgeable collectors. Authentication Key: The missing leg should be clearly visible on the buffalo's front right side. This variety is well-documented and widely collected, with strong demand from both Buffalo Nickel specialists and type collectors. Collector's Advantage: Error and variety coins have shown exceptional performance in the collectibles market, as they represent "instant rarities" created during the minting process rather than through time and attrition. LOT 105: 1938-1961D Whitman Jefferson Nickel Album Complete with 65 Coins Collection Convenience: Complete coin albums represent years of searching compressed into a single purchase. This Jefferson Nickel collection spans the series from introduction through the end of silver content (35% silver war nickels 1942-1945). Educational Value: Jefferson Nickels provide an excellent introduction to coin collecting, with clear date and mintmark progression, affordable key dates, and interesting historical context including the World War II silver content issues. Market Range: Complete Jefferson Nickel albums in good condition typically sell for $150 to $400 depending on the condition of individual coins and completeness. Albums save collectors significant time and effort compared to building sets coin by coin. Condition Factors: Whitman albums from this era are increasingly scarce in good condition, as many have suffered from PVC damage or poor storage. Well-preserved examples command premium pricing. TIER 2 SILVER CONTENT AND BULLION VALUE Silver Rounds Collection (Lots 364-374): Investment-Grade Precious Metals Immediate Value Floor: This collection includes 10+ one-ounce .999 fine silver rounds with current melt value of approximately $30-35 each, providing a guaranteed minimum value of $300-350 regardless of collector premiums. Collector Premiums: Specialty designs including Disney characters, political themes, and commemorative issues typically add 20-50% premiums above melt value for collectors seeking specific themes or designs. Market Dynamics: Silver rounds appeal to both precious metals investors seeking fractional silver and collectors interested in specific designs or themes. This dual market often drives final prices well above melt value. Bullion Intelligence: One-ounce silver rounds provide an affordable entry point into precious metals collecting and offer excellent liquidity in both collector and investment markets. TIER 3 PROFESSIONALLY GRADED MORGAN DOLLARS Your collection includes 15+ professionally graded Morgan Dollars in MS60-MS64 condition by respected services including NGC, ANACS, and PCS: High-Grade Examples with Market Values: LOT 110: 1880S Morgan Dollar MS62 (NGC) - Market Range $200-$400 LOT 111: 1881S Morgan Dollar MS62 (NGC) - Market Range $200-$400 LOT 115: 1889 Morgan Dollar MS63 (NGC) - Market Range $250-$450 LOT 123: 1902O Morgan Dollar MS63 (ANACS) - Market Range $275-$500 LOT 124: 1904O Morgan Dollar MS63 (NGC) - Market Range $250-$450 Professional Grading Benefits: Third-party grading eliminates concerns about authenticity and condition disputes while providing standardized market benchmarks for pricing. NGC and ANACS represent two of the most respected grading services in numismatics. Market Trends: The NGC Price Guide reflects dealer retail prices based on actual documented transactions, providing reliable market benchmarks for graded Morgan Dollars across all condition levels. UNDERSTANDING LARGE CENTS: AMERICA'S FIRST OFFICIAL CENTS Historical Context Collection (Lots 137-149): Early American Copper Coinage Your collection includes an exceptional array of Large Cents spanning 1819-1857, representing America's first official cent denomination. These coins tell the story of early American commerce and provide tangible connections to the nation's founding era. Market Education: Large Cents in collector grades (Good through Extremely Fine) typically sell for $25 to $150+ depending on date, condition, and variety. Key dates and varieties can command significantly higher premiums. Collector Appeal: Large Cent collecting attracts serious numismatists interested in early American history and coinage technology. The substantial size and copper composition create impressive display pieces with genuine historical significance. Condition Considerations: The grades listed (Good through Extremely Fine) represent honest collector conditions where all major design elements are clearly visible and the coins retain strong eye appeal for their respective grade levels. PROOF SETS AND MODERN ISSUES: COLLECTING PERFECTION Proof Set Collection (Lots 126-136): Mint State Perfection Your collection includes Proof Sets from 1969 through 2000, representing the modern era of U.S. Mint proof production. These sets were specially struck for collectors using polished dies and blanks, creating mirror-like fields and frosted design elements. Market Stability: Proof Sets from the 1970s-1990s typically sell for $8 to $25 depending on year and packaging condition. These sets provide affordable exposure to proof quality coins across all circulating denominations. Collector Strategy: Proof Sets appeal to type collectors seeking examples of each denomination in pristine condition and date collectors building comprehensive runs of specific series. Investment Consideration: While most modern Proof Sets trade near face value plus modest premiums, certain key years and packaging variations can command higher prices from specialized collectors. SILVER CERTIFICATES AND CURRENCY: PAPER MONEY COLLECTING Currency Collection Education (Lots 318-325): Small Size Paper Money Your collection includes various Silver Certificates and small size notes that represent different eras of American paper money production. Silver Certificates were redeemable for silver until 1968, making them historically significant as well as collectible. Market Intelligence: Silver Certificates in circulated condition typically sell for $2 to $15 above face value depending on series, condition, and star note designation. The 1934A $5 Silver Certificate WWII North Africa issue commands premium pricing due to its special wartime significance. Collector Appeal: Paper money collecting has grown significantly in recent decades, with...