Below you'll find a few common questions asked of Rare Coins of New Hampshire.  If you're questions are not answered on this page, please feel free to click the Contact Us tab and fill out the contact form at the bottom of the page and we'll gladly get back to you with the best possible answer.

FAQs

Spider FAQ
  • Mailing and/or Returning Items
  • 1. How do I mail or return items to Rare Coins of New Hampshire?

    Instructions for Shipping

    Precious Metals & Numismatics Through

    USPS INSURED/REGISTERED Mail Service

    Please follow these instructions when shipping precious metals or numismatics to us:

    PLEASE CALL OUR OFFICE TO NOTIFY US BEFORE MAILING ANYTHING TO RCNH.

    1.)  Ship precious metals and numismatics via U.S. Postal Service:

    USPS Insured - for values under $1,000.00.

    USPS Registered - for values $1,000.00 and up to $25,000.

    2.)  ONLY SHIP ITEMS TO US IN A BOX!  DO NOT SHIP IN AN ENVELOPE!

    3.) Be sure to include a packing list with: your name, address, phone number and an itemized list of every item in the box.  Please keep a copy of this list for your own records.  Include values, if known.

    4.)  You can use newspaper, bubblepack, or similar packing materials in the box to protect your items.

    5.)  Registered packages require that all of the seams on the box be covered in brown paper tape.  If mailing in a Priority Flat Rate Box, please DO NOT cover the words “Flat Rate” on the box with brown paper tape.

    6.)  Ship packages to:

    R.C.N.H., Inc.

    P.O. Box 720

    Milford, NH 03055

    7.)  Please call your representative when your package has been shipped.  We in turn will call you when your package has arrived.

    Broken Coin Holder

    This was sent in an envelope and even though this was insured, the Post Office won't cover the damages because it wasn't properly packaged.  This is why items should be sent to RCNH in a box.

     Call us at: 1-800-225-7264

  • Bullion Questions
  • 1. I can't find bullion for sale on your website, how do I order?

    Although Rare Coins of New Hampshire does not maintain in-house inventory of bullion products, we are able to acquire them for our clients as need dictates and at very competitive prices. Due to the volatile nature of these markets, we require good funds on hand in the form of cleared check, certified funds, or via wire transfer before we are able to “lock in” a price for you at any given time. Credit cards are not accepted for bullion transactions. Once we have good funds in our possession we are able to purchase for you at your discretion, not ours.

    We ask a very small service charge over our wholesale cost, usually in the amount of 1% for gold and 2% for silver transactions. The only other fee involved is that of the postage cost involved in sending your package to you and varies depending on the weight and value. This charge ranges from $5-25 for most orders, particularly heavy or valuable deliveries may be more. We ship through the U.S. Postal Service and all packages are discreetly marked for purposes of confidentiality and fully insured for safety.

    If you would like to discuss bullion ownership in more detail or to request information on ordering please call us at 800-225-7264 and speak with one of our numismatists who will be glad to answer any questions you may have.

  • 2. Do you offer bullion services?

    Absolutely! Many of our clients utilize gold and silver bullion as a necessary component to their diversified hard asset portfolio. Whether as a hedge against a soft economy, to profit from underlying moves in the price of the metal itself, or just because the coins are beautiful, the reasons for ownership are many.

     

    Our core business focuses on numismatic coins, meaning those whose price is determined by their rarity, condition, and collector demand. A 1916 Standing Liberty Quarter, the key date of the series contains approximately seventy five cents worth of silver yet is usually worth anywhere from $1000 to well over $20,000 depending on its condition. A rare date $20 Saint Gaudens contains just under one ounce of gold and can also be worth many thousands of dollars. Changes in precious metal values have a relatively negligible effect of the prices of such items.

     

    Bullion on the other hand refers to gold, silver and platinum coins or bars whose value is directly tied to the price of the underlying metal they are composed of. If gold fluctuates by $5 on any given day for instance, one ounce gold bullion products will move accordingly. These items are not rare, nor particularly collectable and thus maintain very little premium over their intrinsic value.

     

    The most commonly traded forms of gold bullion are American Gold Eagles which come in coin form and are available in weights of one, half, quarter and tenth ounce denominations. These are 92% pure or 22 carat gold. Usually the smaller the denomination, the higher the premium and thus the less gold you will be getting for your dollar. Smaller denominations however can come in handy for those who may be in need of small change or even as great gift items.

     

    The Canadian Mint produces Maple Leaves which come in the same denominations as the Gold Eagles described above with the primary difference being that they are 99.99% or 24 carat pure gold.

     

    In addition, numerous manufacturers produce gold bullion in bar form, usually in weights of one and ten ounces. It is important to own bars made by widely recognized refiners such as Credit Suisse, Johnson-Matthey or Englehard and that they be a minimum of 99.9% purity.

     

    All of these items are comparably priced with each other in relation to the price of gold, and recently have been hovering at close to $15 over spot. Neither really has an advantage over the other in terms of investment potential, ownership is really just a matter of preference.

     

    The most commonly traded form of silver bullion are American Silver Eagles which are about the size of a silver dollar and contain one ounce of 99.9% pure silver. These are very popular as a form of silver ownership and also make great gift items. There are certain refining and manufacturing costs involved in the production of Silver Eagles which is passed along to the end user, usually resulting in their price running about $1.75 over the spot price of silver.

     

    Various manufacturers also produce silver bullion in bar form, usually in weights of one, ten and one hundred ounces. It is important to own bars made by widely recognized refiners such as Johnson-Matthey or Englehard and that they be a minimum of 99.9% purity. These bars often trade at prices much closer to spot than the Silver Eagles, often just a few cents over as they are treated more as a bulk item and have smaller production costs involved.

     

    Please note, certain marketers send these items to third party certification services whereupon they are encapsulated in a tamper proof holder and assigned a technical grade. These sellers may then offer them at inflated prices while extolling the virtues of these rarities which are now officially bestowed with super high grade designations such as Mint State or Proof-69. Understand that these are not rare, as a matter of fact the vast majority exist in this approximate condition due to strict production standards. It is our opinion that this is a poor form of bullion ownership and that you will be better served by ignoring these products. Except in very rare cases, certifying bullion does not increase the value and any premium paid at the time of purchase will usually be completely lost when it comes time to sell.

     

  • 3. Where can I find the most recent spot prices for gold, silver and platinum?

News

October Baltimore Show 2018

by Warren Mills

The Baltimore Show was a little early this year, hosted in October instead of November.  The spring and fall shows usually attract more dealers to the convention than the summer.  So I was hoping for an influx of many fresh coins than the June show due to the larger bourse.  The amount of coins was not the problem; it was the lack of high-end, nice pieces for the grade that gets tiring to see.  It’s never easy to find great material unless a collection drops into your lap.  So you put your head down and go on the hunt. 

I was able to fill coins for some of our trusting want list friends.  As for finding regular inventory coins, I came home with a yawning total of 20 pieces.  I hope I never get to the point where I compromise my standards just to sell something.  There were the scattered offerings of CAC pieces here and there, but they were few and far between.  Unfortunately many of the larger collectors are holding CAC coins for themselves and not offering them for sale at the shows.  I feel that if you are acquiring coins worth $1,000 on up, it makes no sense to settle for a marginal piece when a CAC sticker will afford you more liquidity and desirability.   I know human nature dictates to find the bargain basement deal, but the compromise may cost a lot more in the long run.  However, choose all of your coins wisely.  I’ve seen many CAC coins that are undeserving of the sticker. 

Prior to the show a dealer ordered 3 coins from our inventory to hopefully sell in Baltimore.  I asked him how our coins did for him and he said on the first day that dealers came around to the tables, they sold first thing.  Keep in mind, these knowledgeable dealers were willing to pay more than our retail price to acquire these coins for their customers!  That right there is a statement about RCNH.

A few dealers came up to me at the show and asked for my opinion on coins they either bought or were considering.  I am always happy to help dealers or collectors in any way I can.  So if you see me at a show or would like to bring in or send something to our office, please always feel free to.

A very knowledgeable and longtime dealer approached me at the show with an interesting concept.  He said that he thought that PCGS and NGC should do away with the Pop reports!  The average buyer does not realize that resubmissions could throw off the ability to determine true value.  One coin he mentioned to me was a piece with a PCGS Pop of 8.  A scarce coin, but he knows that that coin was resubmitted at least 6 times, so it is rarer than people really know.  His feeling was that why should information be disclosed that a novice could use when it’s taken him 40 years to learn what he knows now.  I understand his thoughts, but a truly knowledgeable buyer is always the best buyer in my book.  It is great if they pursue the hobby and learn that high-end coins command nice premiums, and that strike, toning, luster and minimal abrasion along with eye-appeal can greatly influence pricing.  Seeing numbers in print is helpful, but having a truly superb coin in hand can have a large influence on the price.

Attendance was marginal with no real buzz to the floor but, I left on Friday.  Others told me that the public made a good showing on Saturday and some excellent coins found new homes.  This is a period of getting while the getting is good.  If this market can get off the mat and move up, prices could escalate in a hurry.


Good hunting,

Warren

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