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RCNH offers over a century of combined numismatic experience.  Our knowledgeable team can help you in all means of tangible assets, from expanding your coin collection to making wise numismatic and precious metals purchases.

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Baltimore Show Report November 2015

Paul and I were off to Charm City, or is that Harm City?  We arrived on Wednesday…the day before the show and were treated to glorious weather and temps in the low 70’s.  From the airport, we went to dealer setups outside of the convention center to buy and sell coins.  Both buying and selling were slow.  It seems that there are a number of factors that are contributing to a lack of nice material in the market; and also a lack of liquidity.  The Pogue and Gardner sales are taking a lot of money out of the market place.  These Super Sales have many great coins and collectors in some instances are spending a year or more of their allowance to coins in these sales.  Factor in the weakness for gold and silver and this is contributing to sluggish sales.  Many dealers are waiting for something to act as a catalyst to get the coin market back in gear.  It also acts as a Catch 22.  If you have nice coins for the grade and the demand is off, you don’t want to sell premium quality for commercial grade prices.  As a result, many dealers are holding back nicer coins for better times.  So you should be able to deduce by now that pickings were slim.  This also affects dealer liquidity.  If someone is holding their good material back and not spending money to preserve some cash, the market and the show gets stagnant.   Some of the larger dealers did not even show up!  Many of the dealers that have a diverse mix of soup to nuts were selling generics just to raise cash.  So overall, it was a quiet show.  I’m thankful for the dealers that held a few choice examples aside for me or it would have been a bad show.  We will be putting up new inventory soon but it will be spread out over a couple of weeks while waiting for some of the coins that weren’t CAC’d to come back with stickers, I hope?

The auctions were conducted by Stack’s Bowers and appeared to go well.  The material we had in the sale was very well received and some of the prices we received for our lots were shockingly high.  There were also a couple of lots that we were disappointed with but overall, our results were great!

Attendance was low with no real buzz in the room.  Many collectors and a couple of dealers came up to our table and said they really enjoy our newsletter.  I was happy to hear that.  We try to mix education and market awareness along with past experiences to give everyone our perspective.  If you aren’t familiar with our letter, go to the website and check it out.  Any feedback or questions you would like answered would be appreciated.

Please feel free to offer us any coins you are thinking of selling.  I am happy to look at them with no obligation.  Last month I recommended to a couple of our clients that they resubmit one coin each.  Both upgraded 1 point which added an extra $14,000 to one and $4,000 to another.

I really love the concept of CAC coins.  It offers a layer of protection and the possibility for increased liquidity.  In Baltimore, I examined coins for dealers and collectors in both the auction and the bourse floor that shocked me?  Remember, CAC is run by people.  You still must grade the coin…not the holder or sticker.  Coins sometimes get stickered that shouldn’t, plain & simple, and vice versa.  Give me a nice original coin for the grade every time, PCGS, NGC or CAC, knowledge is power.





  • "A joy of purchasing from RCNH is the consistent quality of the individual coins. From a lower grade raw coin to a MS66 CAC each coin has pristine original surfaces; natural toning; and accurately graded. I've never been disappointed with a coin from RCNH. Thank you for being unique in the industry."
  • "We have done business with RCNH for several years. They are very kind and extremely generous, not only with their time, but also with their knowledge. They have spent many hours combing through our collections of mostly unspectacular coins giving an honest appraisal on any coin that was even slightly more than average. Couldn't have asked for more time and effort than they provided. It's worth it to us to drive almost two hours to meet with them because we trust them and enjoy the interaction."
  • "Just opened the parcel and its BEAUTIFUL!! the surfaces are original and I especially like the subtle violet toning near the date, it is very well struck and exhibits tons of luster on both sides it puts to shame my other 65 that I had purchased from... a couple years back (I should of returned it when I bought it dang it) On a similar vein I received some good news on my latest NGC submission when my 40D garnered a D/D VP 503 MS64 grade I was hoping for 65 but?? oh well at any rate thanks again for the follow-up call and will talk later and good luck at Baltimore."
  • "I just wanted to let you know how happy I am with the 1956 Franklin proof half dollar I've recently purchased in PR-66. (PCGS) It's beautiful! I was also very pleased to get a personal letter on your letterhead stating that this coin had the potential as a PR-67! I've had occasion to look through the website and will definitely be making future purchases! Thank you, and keep up the great work!"
  • 1893 Columbian and 1897 Morgan

    "The latest two coins I ordered arrived on Saturday. The 1893 MS-64 Columbian half is nice. It's certainly good enough to warrant addition to my collection-about what I expected from the photo. The 1897 Morgan looks exceptional in the photo and your description also raised my expectations even further. At first glance, the toning on the obverse looked a bit darker to me than the photo. Looking at it under magnification with proper lighting, however, I'd say it matches the photo rather well. The reverse looks like the photo to the naked eye and under magnification-absolutely stunning! This may be the best coin in my collection. I mentioned on the phone that my daughter is a metalsmith and likes toned Morgan dollars. She was rather ecstatic about this Morgan. I'm glad I called you about this coin before it got snapped up by another collector. Thanks."
  • I Love My Saint!

    "For the past four years I've had RCNH in pursuit of a "nice" common date MS67 Saint. One might reckon this endeavor to be easily achieved within a year, when accounting for the modest population in this grade. However Warren's strict grading standards precluded us from settling on just an ordinary 67. When I recently received word from Dave that Warren found a coin he liked, I knew it would be technically superior. When I opened the box and pulled my coin out, I was looking at a stunning Saint with incredible eye appeal. Ultra clean, original, and with rich color. This is unquestionably one of the finest Saint Gaudens in existence. Thank you Dave and Warren. Indeed, you did it!...I love my Saint!"
  • My Deepest Respect

    "...Finally, my deepest respect goes to you and everyone else at RCNH. As I have already told you, I would probably stop collecting if RCNH did not exist."
  • High Standards

    "Wow! What great coins that arrived today. They exceed the high standards that I expect from RCNH..... Great doing business with you."
  • Far Surpassed

    "My package arrived today and it was packaged so well it took me 20 minutes to open it up but it was worth the wait. Just when I thought you were not paying attention to my want list my representative called me with a coin. It far surpassed anything I could have bought or have seen in years. Thank you very much."
  • Superb

    "Wow! When I saw this coin on your website I immediately ordered the coin online... When it arrived in the mail I said to myself "Oh my; I can't believe it!". A superb 64 indeed...to me it looks MS-65 any day of the week. Your coins are everything that customer testimonials say they are and I will definitely be diligently watching your web site! Thank you!"
  • Problem Free

    "I don't know how you do it. The 1797 Half Dime you just sent me is fantastic! Original, nicely toned, problem free - I don't know how you find early U.S. coins of this caliber.
  • Consistently Accurate

    "Hi, I wanted to tell you how pleased I was with the five coins that arrived. They are exactly what I have come to expect from Rare Coins of New Hampshire. Your descriptions are consistently accurate and the grading is on target. It is comforting to purchase coins and know that the quality and originality will be there. There is no fear of purchasing problem coins from your firm because you just don't sell them. I appreciate the wide-range of grades and prices that you offer to fill the niche of virtually any collector who values original coins with plenty of character"
  • Customer Service is Your Number One Priority

    "It is with a great sense of satisfaction that I write you today. It seems that customer service is your number one priority and I am truly grateful for that. Dealers can be short with you, they can sell over graded and lower quality material just to make a buck. At RCNH, the opposite is true and as a consumer I am convinced of your philosophy, it is palpable. Scans and nice descriptions, emails and follow-ups accompanied the sale. It's nice to buy good coins. It's even nicer having a quality experience to go with it!"


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