Harry Bass was the president of the American Numismatic Society during
the late 1970's and early '80's. The ANA now houses the Bass Gallery, a
learning center for children, named for their deceased president. Earlier in
his career, Bass served in the navy and as Dallas county chairman for the
Republican Party in the late 1950's. Bass spent over three decades assembling
one of the single most highly regarded coin collections in world history.
Beginning in 1966 and collecting until his death in 1998, he put together a
6,000-piece collection of the world's finest coins and specialized in gold coin
collection. He owned a total of 635 gold dollars. This set is debatably both
the most complete, and in the best condition of any in the world. One of the
most impressive facts about the set is that contains every known gold coin The
United States Mint ever struck, and each is in extraordinary condition. Bass
also owned a comprehensive and mint quality collection of $3 gold coins.
Most experts on gold in the US would agree that Bass's collection is one
of the most impressive but Doug Winter argues, in an article called "The
Bass Collection: Dirty Little Secrets," that the way in which Bass
preserved the coins is problematic. Bass did the bulk of his collecting during
the 1960's and 1970's. Coins shipped to collectors during this period of time
inside of polyvinylchloride (PVC) flaps, popular during the time period for
transporting precious objects. This material is based on petroleum and for this
reason, it tends to leave a residue which is commonly referred to as
"grime" on a coin collection.
Winter says that many of the original coins from Bass's coin collection will read "Harry
W. Bass Collection" on their flaps. These are the coins with the most
visible amount of grime, or residue, on them. At some point, PCGS attempted to
upgrade the wrappers to non-PVC holders. The Bass coins from PCGS placed in the
newer holders only say "Bass" on the packaging. NGC, another major
coin collection verification service, also certifies a number of coins from the
Bass collection. No NGC coins from the collection appear, as far as Winter can
see, to bear any evidence of PVC grime on them.
By no means does Winter consider PVC grime to be the end of the world for
a collectable coin. Luckily, Bass's collection consist primarily of gold coins
which, in comparison to other metals such as copper or silver, do not sustain
as much permanent or irreversible damage from bad storing practices. The
principle concern Winter expresses is an aesthetic one for this reason. His
suggestion is simply that if you happen to possess any coins from the recent
Bass collection sales in Baltimore, or those that took place during 1999 and
2,000, you might consider taking them to a specialist to check from PVC grime. |