Nearly 2,000 of the remaining specially produced 2000-P Sacagawea
dollars from among the 5,000 that sculptor Glenna Goodacre was
presented as compensation for her adopted Sacagawea dollar obverse
design were acquired in 2010 by Kentucky dealer Jeff Garrett.
Garrett, owner of Mid-American Rare Coin Gallery in Lexington, had
the coins removed from the Independent Coin Grading holders originally
encapsulating them and had them resealed in Professional Coin Grading
Service holders with grading inserts pedigreeing the coins to Goodacre.
Garrett has since dispersed the PCGS-encapsulated coins into the
market through dealers, except for a small number he retained for his
Garrett did not disclose his acquisition price.
Goodacre received her $5,000 design payment in Sacagawea dollars
when the coins were delivered to her on April 5, 2000, in Santa Fe,
N.M., by U.S. Mint Director Philip N. Diehl and other Mint personnel.
All 5,000 presentation coins that Goodacre received were graded
with Mint State grades by ICG.
The Goodacre presentation coins bear distinctive surfaces. Most of
the planchets were specially burnished before striking at the
Philadelphia Mint so their surfaces exhibit a texture unlike any other
The dollars are more prooflike than Uncirculated in appearance.
Each coin was also protected with a proprietary anti-oxidant to
maintain the coin’s appearance by inhibiting tarnish.
ICG graders believed that some of the presentation coins missed
the burnishing treatment.
Shortly after she received the coins, Goodacre kept the first
2,000 coins graded and sold the remainder of the coins into the market
for $200 each. Examples have since been resold at many multiples of
Fewer than two dozen of the roughly 2,000 encapsulated coins
Goodacre retained were distributed to family members.
PCGS Specimen grade
PCGS assigned Specimen grades to the coins it graded for Garrett,
as well as for other owners earlier, because of the special striking
and handling the pieces received.
Included as part of the arrangement for PCGS encapsulating the
Goodacre presentation coins for Garrett, Diehl signed all of the
inserts encapsulated in the PCGS holders for the coins Garrett acquired.
More than 700 other Goodacre presentation coins are in PCGS
holders having grading inserts different from those that Garrett
received, but still designated with Specimen grades and the Goodacre
presentation coin pedigree.
Of the dollar coins that Garrett had PCGS certify, 12 were
designated Specimen 69, approximately 800 as Specimen 68,
approximately 1,000 as Specimen 67, approximately 100 as Specimen 66,
and the remainder as Specimen 64 or Specimen 65.
The PCGS Population Report as of March 22 indicates a total of
2,640 submissions from multiple sources, with three coins designated
Specimen 64, 32 as Specimen 65, 446 as Specimen 66, 1,386 as Specimen
67, 742 as Specimen 68 and 31 as Specimen 69.
After reading an article in the March 8, 2010, Coin World
Special Edition, Garrett wondered what happened to the remaining
approximately 2,000 dollars that Goodacre retained.
Garrett said he located Goodacre’s Web site and sent several
emails over several months before he was finally contacted by
Goodacre’s assistant, Dan Anthony.
Garrett said he traveled to Santa Fe in June 2010 to meet with
Goodacre and Anthony in her home. He found that the coins had been
stored for the past 11 years in a temperature and humidity controlled
Garrett acquired the coins for a price he would not disclose and
submitted them to PCGS, where Miles Standish, PCGS vice president and
senior grader, designed the holder and its insert, and had Diehl sign
In addition to the presentation coins he acquired, Garrett said he
is also the exclusive distributor for the remaining limited edition
6-inch diameter bronze reliefs depicting the Sacagawea dollar obverse
design, and a 7-inch tall bronze statue, The Offering, showing
Sacagawea with her infant son, Jean-Baptiste, as she looks skyward.
In a related mater, Goodacre has donated design sketches proposed
for the Sacagawea dollar along with models and plasters to the
National Numismatic Collection at the Smithsonian Institution’s Museum
of American History.
Goodacre had previously donated other material associated with the
Sacagawea dollar to several other museums.
Garrett said when he met with Goodacre and Anthony to discuss the
purchase of the presentation coins, after the deal was finalized,
Goodacre asked him if he could suggest a museum or similar facility to
accept the sketches, models and plasters, since she was deaccessioning
items in her studio.
Because of his association with the Smithsonian and his support
for the National Numismatic Collection, Garrett recommended the
materials go there, and Goodacre agreed. ■