Port Charlotte, FL (PRWEB) March 14, 2010
The Numismatic Guaranty Corporation (NGC) has announced the addition of a new section to its registry for Early U.S. Gold Coins.
Noted as a pedigree collection and officially named American Independence, it will include Gold Quarter Eagles, Gold Eagles and Gold Half Eagles. It is the first time a new section has been added to the registry in years.
With this new designation, collectors will now be able to register and display photos of their early U.S. gold coins, interact with other collectors, and compete for awards and recognition.
The NGC is the largest coin registry of its kind, widely recognized as the definitive showcase of the world’s most valuable and important coins.
According to Scott Schechter, NGC Vice President, Sales & Marketing, “The newly-created early gold sets in the NGC Registry are definitely among the most difficult to complete. To attempt them is to undertake a long and serious pursuit. This underscores the achievement of the American Independence collection, which consists of high-grade and attractive examples of these challenging coins. As it continues to grow, it should be a milestone Registry collection.”
Tom Pilitowski is currently the exclusive representative of the American Independence collection and owner of U.S. Rare Coin Investments in Port Charlotte, Florida. “This new pedigree of Early U.S. Gold now makes these coins eligible for NGC grading and authentication,” Pilitowski said. “More importantly, it will bring attention to the historical significance of U.S. gold coins that date back to this country’s founding.”
Pilitowski is an expert on early U.S. gold coins and has formed many collections, ranging from an extremely rare 1795 9 Leave Eagle in MS-61 in what has been known as the Denver Collection to several sets of Early Half Eagles.
“American Independence is proving to be a high-quality collection that contains some of the most valuable early U.S. gold and silver rarities that were struck at the Philadelphia mint. It also includes Colonial coins that circulated in the 13 colonies at a much earlier time,” Pilitowski explained. “These coins are true Americana.”
Pilitowski has spent more than a year acquiring the coins for the collection from a full array of sources, ranging from private collectors to major auctions across the U.S.
Among his finds are a 1795 Half Eagle, a 1795 Eagle, a 1796 Eagle and a 1795 $10 Eagle gold piece minted when George Washington was still president. Eagles and half Eagles were designed by Chief Engraver Robert Scot and feature the national bird on one side and a woman wearing a cloth cap with the legend LIBERTY on the other. The woman is rumored to be Martha Washington, although that theory has never been confirmed. Nonetheless, Eagles represent the first time in U.S. history when a female was pictured on coins.
One of the most valuable pieces of the American Independence collection is a Massachusetts Pine Tree Schilling from 1652. It is from the pre-Federal era before the government mint was established when the U.S. colonies produced their own money.
According to Pilitowski, the coins currently in the collection are in a high state of preservation, almost uncirculated to uncirculated grades, making them all the more valuable.
“American Independence is an important collection that will take years to build and ultimately be worth millions of dollars,” Pilitowski said. “It will create exposure and recognition for early American gold coinage, a very special time in our county’s numismatic history.”
About U.S. Rare Coin Investments:
U.S. Rare Coin Investments is a high-end rare coin and gold coin dealer, working with seasoned collectors, dealers, as well as new investors. Established in 1979, the company is led by professional numismatist Tom Pilitowski, who has an excellent reputation based on his knowledge of numismatics and his widespread connections within the trade as well as with thousands of collectors. For more information, visit the U.S. Rare Coin Investments website at http://www.USRareCoinInvestments.com or call 1-800-624-1870.
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