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Numismatic Guaranty Corporation

Famous Duke’s Creek Collection on Display at Chicago ANA

August 13, 2019 by Numismatic Guaranty Corporation

Visit the NGC booth (#1400) to view the finest collection of Dahlonega Mint Half Eagles ever assembled.

1838-D $5, graded NGC MS 63★, pedigreed to the Duke’s Creek Collection.

Numismatic Guaranty Corporation (NGC) is proud to showcase the finest collection of Dahlonega Mint Half Eagles ever assembled. The Duke’s Creek Collection of Dahlonega Mint Half Eagles, which is entirely certified by NGC, will be on display at booth #1400 during the World’s Fair of Money in Chicago from Wednesday, August 14 through 2 p.m. on Friday, August 16.

The US Branch Mint at Dahlonega, Georgia, opened in 1838 during the Georgia Gold Rush. It struck gold coins in the one dollar, quarter eagle, three dollar and half eagle denominations) into 1861, when it was permanently closed due to the Civil War. Its “D” mintmark was later reassigned to Denver.

The complete set of Dahlonega Mint Half Eagles includes 27 coins from the 24 years the Dahlonega Mint operated, including important varieties in 1842, 1846 and 1848. All but the 1838 issue feature Christian Gobrecht’s renowned Liberty Head design.

Almost every coin in the Duke’s Creek Collection of Dahlonega Mint Half Eagles is either the finest-known, highest-graded or nearly highest-graded. Perhaps the greatest coin in the collection is the 1854-D $5 graded NGC MS 67‎★, the highest grade assigned to any gold coin from any of the three Southern Branch Mints (Dahlonega, Charlotte and New Orleans). Other highlights of the Duke’s Creek Collection include: 

  • 1838-D $5, graded NGC MS 63★ (Finest Graded)
  • 1841-D $5, graded NGC MS 65+ (Finest Known)
  • 1846-D/D $5, graded NGC MS 66 (Finest Known)
  • 1849-D $5, graded NGC MS 65 (Finest Known)
  • 1861-D $5, graded NGC MS 64 (Finest Graded)

“This incredible collection tells the story of the Dahlonega Mint and early United States history,” said Mark Salzberg, NGC Chairman. “These early Southern gold coins have a certain inimitable charm, which is all the more special when they are at the absolute pinnacle of preservation.”

The Duke’s Creek Collection was assembled by numismatists Jack Hancock and Bob Harwell over more than 25 years. It originally included every denomination struck at the Dahlonega Mint along with the private gold issues of Templeton Reid and the Bechtler family. All of the coins were later sold by Harwell and Jeff Garrett, but the extraordinary collection of Dahlonega Mint Half Eagles was kept intact. These coins were recently sold privately for more than $1.5 million in a sale brokered by Greg Rohan, president of Heritage Auctions.

To explore the Duke’s Creek Collection of Dahlonega Mint Half Eagles, visit the NGC Registry.

Filed Under: Features

NGC-certified Dahlonega Gold Set Displayed at University of Georgia

July 20, 2017 by Numismatic Guaranty Corporation

The collection of coins from 1838-1861 is part of the “Gold-Digging in Georgia” exhibit.

1861 D $1
1861 Dahlonega $1 gold coin.

Numismatic Guaranty Corporation® (NGC®) is honored to have certified the Thomas Leverette McMullan Reed Creek Collection of Dahlonega Mint Coins, which is now prominently on display at the University of Georgia in Athens.

This collection contains all 62 issues of the US Branch Mint in Dahlonega, Georgia. The coins were issued in denominations of $1, $2.50, $3 and $5 between 1838 and 1861, when the Civil War halted production.

Among the collection’s highlights is an NGC AU 58 example of the very rare 1861-D Gold Dollar. Only 1,000 or so of these pieces were struck after Confederate forces took over the Mint.

A second highlight is the five dollar from the same year, also graded NGC AU 58. Just 1,597 examples of the 1861-D $5 were struck before the Mint was seized by the Confederates, with another 1,000 to 2,000 pieces estimated to have been minted after.

1861 D $5
1861 Dahlonega $5 gold coin.

Collector John McMullan worked for several years to assemble the collection with the help of Dahlonega specialists Bob Harwell of Hancock & Harwell Rare Coins and Jeff Garrett of Mid-American Rare Coin Galleries. Together, they decided to submit the coins to NGC for CrossOver or ReHolder, as applicable, and have the “Reed Creek Collection” pedigree added to the NGC certification labels.

The collection is now on display at the University of Georgia as part of the “Gold-Digging in Georgia” exhibit at the university’s Hargrett Rare Book and Manuscript Library. The exhibit explores the early 19th century gold rush in Georgia that led the federal government to establish a mint in Dahlonega, which lies near the beginning of the Appalachian Trail in northern Georgia.

As part of the University of Georgia exhibit, Dr. Drew Swanson, a Wright State University history professor, delivered a lecture on July 13 titled, “From Georgia to California and Back: The Rise, Fall, and Rebirth of Southern Gold Mining.” The lecture attendees were given a special American Numismatic Association (ANA) medallion encapsulated in an NGC holder with a University of Georgia Special Collections Libraries label.

The exhibit remains on display until December 5.

Filed Under: Features

NGC Certifies Collection of Charlotte Mint Gold Coins

September 1, 2016 by Numismatic Guaranty Corporation

1849-C-OpenWreath-Elrod-Hornets-Nest-CollectionNumismatic Guaranty Corporation® (NGC®) Numismatic Guaranty Corporation® (NGC®) has graded the Hornets Nest Collection, the first complete set of Charlotte Mint gold coins ever assembled. Notably, the collection includes an NGC VF 20 specimen of the legendary 1849-C Open Wreath Gold Dollar, one of the rarest United States coins.

The seed of the Hornets Nest Collection was planted during Christmas of 1987, when the collector’s wife gifted him his first Charlotte Mint gold piece: an 1856-C Quarter Eagle that she purchased on a special trip to Hyatt Coins in Charlotte. Intrigued by the history and rarity of the gold coins of the Charlotte Mint, the collector embarked on a seemingly impossible journey to build a complete collection of its coins. After a nearly three-decade labor of love, the Hornets Nest Collection was completed with the purchase of an 1842-C Small Date Half Eagle which is now graded NGC AU 58.

Established to convert the gold discovered in the Carolinas into coins, the Charlotte Mint was one of the original three United States Branch Mints opened in 1838. It exclusively struck gold coins until its closure in 1861 as a result of the start of the Civil War. During its 23-year operation, the Charlotte Mint issued a mere 1.2 million coins—the lowest total output of any United States Mint.

A complete collection of Charlotte Gold requires 53 different combinations of denominations and dates with its distinctive “C” mintmark. Several major types are also included, such as the 1849-C Open and Closed Wreath Gold Dollars and the 1842-C Small and Large Date Half Eagles.

Nearly all Charlotte Mint gold coins had minuscule mintages, but there are several standout rarities. The showstopper is the 1849-C Open Wreath Gold Dollar, which features a reverse die that was only used on a tiny fraction of the 11,634 dollars struck by the Charlotte Mint that year. Just four examples of this extraordinary rarity are believed to still exist. The Hornets Nest Collection added its NGC VF 20 example in January 2003.

Another significant coin in the collection is the 1842-C Small Date Half Eagle. This was the coin that completed the collector’s quest to acquire all 53 Charlotte Gold issues. It is now one of just eight examples graded AU 58 by NGC with just five in higher grades.

The 1851-C Gold Dollar graded NGC MS 61+ is also a notable condition rarity. According to the NGC Census, NGC has graded only four finer examples.

After it was completed, the Hornets Nest Collection was submitted to NGC for grading. Each coin was encapsulated with a special Charlotte Mint NGC certification label. This label was specially created for this set using a beautiful painting of the Charlotte Mint.

The coins were then added to the online NGC Registry, where the Hornets Nest Collection now ranks as the number one NGC only Registry Set in the Charlotte Mint category.

Although the collector behind the Hornets Nest Collection wishes to remain anonymous, he would like to acknowledge Hyatt Coins of Charlotte as well as respected gold coin expert Doug Winter for their roles in helping to assemble this phenomenal collection.

Filed Under: Features Tagged With: Charlotte Mint, Hornets Nest Collection, NGC

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