Baltimore June 2014

on 03 July 2014. Posted in News

At the last minute, I decided to take a trip to the Baltimore Summer show.  It’s about 2/3’s the size of the spring and fall show but we needed to shore up our inventory so I took a shot that I might find some nice coins.  Since we handle soup to nuts in coins, from nice collector circulated pieces to high grade specialized issues, but only if they are solid exceptional coins for the grade so I jumped on a plane.  I’m glad I did!  Some of the dealers went with no inventory for sale but many did set up and I managed to acquire a few cream of the crop coins.  The attendance was better than I expected.  Most of the dealers I spoke to were disappointed with their sales.  I am fortunate that some of the dealers know our demand for top quality and when I came by their table, they showed me the secret stash.  In many instances the stash changed hands to RCNH.  There was very little in CAC coins available, especially in gold and type coins.  In the end, I was extremely happy with my purchases and I will do it again.  Overall, I’d recommend the show.  It was a huge surprise and very pleasant.

The show was held in conflict with the Gardner Sale I in New York.  The first part realized over $19 million with more to come.  I even saw Gene walking around at Baltimore:  once a coin lover, always a coin lover.  We were fortunate to have some old friend RCNH coins in the Gardner sale.  I’m pleased that many knowledgeable collectors choose to do business with us for their Registry Sets or advanced collections.  Many times, we will purchase coins for these collections that we never post on our inventory.  If you are working on a nice set of any U.S. issues, feel free to give us a call or e-mail.

On a sad note, we lost one of our long time coin dealer friends, Tom Paine from Florida.  Tom was only 58 years old and I was lucky to know him for 35 years.  I ask you to pray for the repose of his soul.

As our dealer community and collector friends age, we are seeing more physical challenges.  A few of our dealer friends are experiencing varied serious ailments.  I will ask for the Christian Coin Dealer group to pray for their healing.  It goes to show life is short.  If coins bring you joy…have fun.  It’s a great hobby with many nice people in the field.  Usually the summer slowdown means people are not paying attention to their hobby.  Keep an eye on our website, you may find that long time coin you need when many buyers are on vacation.

I was fortunate to find a want list coin in Baltimore that I have been looking for for almost 3 years!  So you never know what may turn up.  Have a great summer and we’ll update you next about the ANA Show in Chicago.

ADDENDUM

Once again, senior graders for the ANA summer sessions came to me to ask if I would supply them coins to teach their grading seminars.  They need solid original coins for the grade to properly instruct students to ascertain the important differences between strict grading and commercialized grading.  Per usual, RCNH answered the call and sent almost $100,000 worth of coins to benefit the future and current coin collector community.

With all the coin firms in the U.S. that buy and sell coins, they continue to come to RCNH for the best.  We are uncompromising in our quest for top quality and value in the industry, and most of the insiders know it.

I just wish the ANA was more supportive of their supporters.  I have become very disenchanted with ANA and went as far as giving up my table this year for the Chicago Show.  I wish things were handled better because we should all try to be good stewards for the hobby.

Best Always,

Warren Mills

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