Cherry Picked An Historically Significant Modern Comm Silver Dollar!

Certification # COY as in were being coy or crummy obvious yanking? The possibilities are endless.
Coins actually look fine and were carefully handled, 68-69ish.

I'm not sure how you were conducting your research but my browser literally auto-filled when I got to "PCS Sta". There is a web site/store, a Facebook presence, a Wikipedia article and even a post or two about them right here on CCF.

They're like a Littleton. Most people here will avoid such outfits.

Who cares anyway, you got a good deal.

PCS Stamps & Coins was the then-current name of what started out decades ago as Postal Commemorative Society (PCS) a major creator/supplier of over-priced first day cover (FDC) souvenir products back in the 1970s and 1980s. When stamp collectors turned away from these expensive philatelic souvenirs in the 1990s, the company de-emphasized stamp products and turned to coins and other collectibles to keep their business going. It was known for a time as PCS Stamps & Coins but then transitioned to its current name of PCS Coins and Stamps; the name reflects the company's current focus.

PCS was not a coin grading service. If you look at the coins you've presented, you'll see that none of them are graded - the coins are simply encapsulated in a plastic enclosure ("slab") and given a label indicating that they were part of a series marketed by the company. This is a common practice among secondary market resellers - place a coin in a distinctive package/holder and sell it for a higher-than-market price to collectors who do not do their research. The coins you purchased were part of a series of coins that PCS sold to recognize US coins that were Krause Coin of the Year ("COY") award winners - the category in which they won is listed on the holder - "Most Popular Coin" and "Most Historically Significant."



You appear to have paid the bullion value for the coins. Each has approximately 0.77 troy ounces of pure silver, which, at recent/current spot prices, puts their intrinsic silver value at about $13.45. I've seen multiple dealers sell the modern US commemorative silver coins as bullion at shows and in local shops for several years (at least five). There just isn't a strong market for the coins - especially when they have been removed from their original US Mint packaging - and their selling price is often tied to the current silver spot price. That said, you got a good deal on several nice US commemorative silver dollars! Congrats!



Actually, the possibilities aren't endless. The "COY" in the number indicates it was part of the Coin of the Year series that I referenced above.


Please don't view my post as an attack, I just react strongly to negative posts that misrepresent things to suit a purpose. I believe in sticking to the facts when it comes to discussing the history of coins.