80A - page 307

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Session Four - Tuesday, June 3, 2014 6:00 PM
1981
1896-S
.
NGC graded MS-62
. Lovely golden toning. (
PCGS #
9030
)
Estimated Value ..............................................$1,250 - 1,300
1982
1899-S
.
PCGS graded MS-63
. Lovely golden toning. Brilliant
and refreshingly clean for this issue, with flickering luster in the
fields and sundrenched golden devices. The fields are naturally
patinated and satin with much eye-appeal. We note a couple of
light luster-grazes on the cheek. (
PCGS # 9036
)
Estimated Value ..............................................$1,900 - 2,000
1983
1899-S
.
PCGS graded MS-62+
. Fully bright and golden. An
appealing specimen. (
PCGS # 9036
)
Estimated Value ..............................................$1,650 - 1,700
1984
1900
.
NGC graded MS-63
. Very frosty and choice for the
grade, Popular turn-of-the-century issue.
1900, an historic year, monetarily: The Gold Standard Act of the
United States was passed in 1900 (approved on March 14) and
established gold as the only standard for redeeming paper
money, stopping bimetallism (which had allowed silver in
exchange for gold). It was signed by President William McKin-
ley. The Act fixed the value of the dollar at 25-8/10 grains of
gold at "nine-tenths fine" (90% purity), equivalent to 23.22
grains (1.5046 grams) of pure gold.
The Gold Standard Act confirmed the United States'commitment
to the gold standard by assigning gold a specific dollar value
(just over $20.67 per Troy ounce). This took place after McKin-
ley sent a team to Europe to try to make a silver agreement
with France and Great Britain. On April 25, 1933, the United
States and Canada dropped the gold standard. (
PCGS # 9037
)
Estimated Value ..............................................$1,300 - 1,350
1985
1900
.
PCGS graded MS-62
. A hint of gold tone on this care-
fully made, lustrous example. (
PCGS # 9037
)
Estimated Value ..............................................$1,250 - 1,300
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