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Numismatic Guaranty Corporation
January 2006  
 
 
   
1. Numismatic History and the Peale Family
   
2. Coins of the Month
   
3. Submitters’ Corner
   
4. Policy Change Regarding In-Office Drop Off and Pick Up at NCS, NGC, PMG, and CGC
   

 


UPCOMING EVENTS

February 9-11
Long Beach Coin & Collectibles Expo

Long Beach Convention Center
Long Beach, CA


March 16-19
Suburban Washington/ Baltimore Show

Baltimore Convention Center
Baltimore, MD


March 30-April 1
Santa Clara Coin Expo

Santa Clara Convention Center
Santa Clara, CA



Numismatic History and the Peale Family

The Peale family name is one familiar to those in the museum world and those in numismatics alike. One member of this family of early American artists created and opened the Peale’s Museum in Philadelphia just after the Revolutionary War. This museum offered the new nation a place to display and view artifacts ranging from natural history specimens to works of art.

Ruben Peale, son of Charles Wilson Peale, had a career as an artist as did many members of the Peale family. Other family members were named after famous artists such as Rembrandt and Raphaelle Peale. Ruben Peale is also famous for opening a museum near City Hall in New York City. This museum was noted for its natural history collection.

This museum is also noted by collectors of Hard Times Tokens. Hard Times Tokens are those usually the size of current large cent coins issued by private individuals to make small change around the financial panic of 1833-44. Peale’s Museum in New York issued this token in 1825 though likely used throughout the Hard Times period. The Peale Museum token will admit the bearer as the reverse inscription reads and likely was used by individuals who bought annual attendance subscriptions at $10 per family.

The Peale family has another, perhaps stronger, connection to American Numismatic history. Another son of Charles Wilson Peale and brother of Ruben Peale, Franklin Peale, worked extensively for the U.S. mint and became the chief coiner in Philadelphia in 1839.

This example of the Peale Museum token was recently encapsulated by NCS. Because of an improper cleaning, this valuable token would not be certified by a major grading service such as NGC. The HT-303 refers to this token’s catalog number in Russel Rulau’s reference on Hard Times Tokens.

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Submitters’ Corner

Please submit all coins in 2" x 2" non-PVC plastic flips (one coin per flip). PVC may cause coins to haze or tone. Do not tape or staple flips.

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Coins of the Month
Conservation: 5068932-001

This Elgin Commemorative Half Dollar of 1936 was submitted to NCS for its mottled, unattractive toning hiding the coin’s original details and brilliance. The evaluation team at NCS was quick to recognize the beauty that lay beneath this unattractive color. Through careful professional conservation, this coin’s lustrous, satiny surfaces are apparent once again. This coin graded MS 65 with NGC following the professional conservation.

BEFORE
Coin of the month before
AFTER
Coin of the month after

Encapsulation: 5067323-001

Unique coins such as this early double error coin deserve the optimum in coin storage and preservation. Despite the coin’s problem, in this case some environmental damage, NCS was able to encapsulate the coin in a hermetically sealed holder for future stability and enjoyment.

Encapsulated

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Policy Change Regarding In-Office Drop Off and Pick Up at NCS, NGC, PMG, and CGC

The option to drop off and/or pick up submissions at the Sarasota offices has been discontinued for non-dealers and submitters through any of our affiliates.

We regret the inconvenience to our customers however, in the interest of security, this change in policy is necessary.

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