on Friday, 17 July 2015 14:56. Posted in News

Over 200 Years of Combined Numismatic Experience at Your Disposal.

A Newsletter By: July 2015 Issue

 

Welcome to Our First Newsletter!

 

on Tuesday, 28 April 2015 19:54. Posted in News

I made a last minute decision to go to the Central States Show in Schaumberg, IL.  It’s been over 10 years since I attended one, so it was time.  Dealer setup was Wednesday with a nifty little $100 Early Bird entry fee.  I reluctantly paid but it was worth it to get an early shot at fresh material.  Dealer Day was quiet.  It was like going to church on a Friday afternoon!  This gave me a chance to cover the bourse quickly and go out with a couple of our clients to appraise their collection.  Thursday saw a decent amount of public attendance which I was thankful for.  Yes, there still is some life in the coin business.  I’m guessing that there were about 250 tables total. Overall, a bit of a quiet show but we did find some very select pieces for our customers.  Please check our new inventory listings at your leisure. 

on Wednesday, 01 April 2015 17:32. Posted in News

I didn’t know that Baltimore was called the “charm city.”  I’ve always called it the city of sirens because that’s what you hear all night in your hotel room.  You could take our experience at the recent Baltimore show and plunk it down at any major show and it would be the same story, a lack of fresh material.  It is incredible that at a major show with several hundred dealers such an absence of material was so evident.  When I speak of rare coins I am using that term interchangeably with fresh material because the same old coins that are in dealers cases are still there show after show.  The same pattern of behavior became clear after speaking with several major dealers.  They buy coins at auction or on the floor of a show, play the upgrade game and take their shots with the retail public and if the coin doesn’t sell it reappears in auction in a few months.  The result is a lot of recycled material with some fresh coins smattered throughout.  I even saw a few coins we sold in the past that were upgraded and now are in plus holders or a full point higher.  Nice coins are always nice!

on Friday, 20 March 2015 16:55. Posted in News

As with most questions like this the answer is it depends.  Gold over the last month has taken it on the chin going down in price from about the $1200/oz level to the $1150 /oz level.  It is no wonder that gold and tangibles have reacted downward with the dollar on an unprecedented run especially against the Euro.

How are tangibles going to perform in the future?  We got a brief preview on Wednesday afternoon (March 18, 2015) after Fed Chair Janet Yellen spoke.  To prove how the market is on pins and needles Ms. Yellen eliminated one work, “patience” from her speech and the market went crazy.  Within minutes the gains the dollar made for the day were eliminated, gold went from down $9/oz to up $20/oz and oil went from down $1-$2/bbl throughout the day to up $2.50/bbl after her speech.

on Thursday, 05 February 2015 16:15. Posted in News

We apologize for this late FUN Show report but we have been extremely busy filling orders and getting caught up from what seems like one never ending snow storm that has inundated us for the last two weeks.  The FUN show is always a well attended show by dealers probably because by early January they have had enough of winter and want a warm weather break in sunny Florida but this year’s show was surprisingly well attended by the retail public.  Most of the retail people there were lookers not really spending much money and being very selective but we were able to sell a very original 1893-S $1 in PCGS XF CAC for close to $10,000.

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