Coin collectors of all stripes, from novices to experts, frequently make the same mistake when it comes to coin price catalogs and guides - they misunderstand the intent of these publications and incorrectly apply the information to their own coin collection appraisals, with disastrous results when it comes time to sell!
Answer: The prices in coin price catalogs are determined by coin dealers, and coin dealers, like any other good businessmen, want to ...
Full Article: Are the Coin Prices in Most Coin Catalogs Accurate? - Susan's Coins Blog
We are talking about true rarities and high grade drop dead monster coins (although we have not seen things like MONSTER MS68 Morgans). When is the last time you have seen any of these offered for sale more than once in the past few years? ... These are just RANDOM areas we could think of. Its nearly impossible to go to a major show today and see anything cool for sale. Even the major auctions...
Full Article: Is There Something Seriously Wrong With The Coin Market? - CoinLink
The following Email was received from Detective Christopher Browne of the Acton, Mass Police Department reporting the theft of coins from his car and reported the crime to the police at 3:49 p.m. April 3.
"Coin dealer Lano Balulesco of Concord, MA, had just departed from a Coin Show ... "
Full Article: Massacussetts Coin Dealer Lano Balulesco Reports Theft - CoinLink
The national trade association for rare coin, currency, and precious metals dealers is sounding alarm bells for dealers, saying Washington lawmakers are considering legislation that would add regulatory burden to the coin and metals industy and encumber local deaers in the area and across the nation. The additional regulation proposal relates to ...
Full Article: Government regulation could inhibit physical possession of metals - Examiner.com
Spectrum Numismatics International, Inc., one of the world’s largest rare coin and currency dealers, announced today that it has hired Richard Melamed as their Senior Numismatist.
"Richard Melamed is one of the most respected numismatists in the industry. During his 36-year career, Melamed has done everything from running his own coin business to grading for Professional Coin Grading Service, to working for the largest names ..."
Full Article: Spectrum Numismatics Names New Senior Numismatist - CoinNews
Whoever coined the phrase take a penny leave a penny, doesn’t know Bob Bruce. Owner of two of the biggest coin shops in the Gulf Coast area, this coin collector and previous law enforcement office knows how to catch thieves red handed.
Bruce was recently awarded the Sol Kaplan Award from the Professional Numismatists Guild for recovering more than $100,000 worth of valued coins. This led to a further investigation, which helped recover over $2 million worth of coins ...
Full Article: Local coin shop owner awarded - Santa Rosa Press Gazette
Some of the best things about coins are the stories behind them, and the stories about the individuals who owned or sold the coins.
Recently I was told a true-life story I thought was wonderful. It's about a long-time coin dealer who goes out of his way to make his customer happy.
Years ago, there was a collector at a local Long Beach coin show who was going around and purchasing coins from several dealers...
Full Article: Having a Great Attitude Pays Off in the Coin Market - PCGS
WARNING: This "Viewpoint" contains information that many of you might not want to hear. However, I believe that getting the truth out there and sticking my neck out is worth the risk - so here goes.
For years, we have read about how disgusted collectors are with the way that they are treated by many coin dealers. We have heard about the early table departures, the rude treatment, the astronomical prices, the horrible grading, etc. Well, I am here to set the record straight on as many of these issues as possible...
Full Article: Viewpoint: When Picking Dealer, Make Right Choice - NumisMaster
Three years ago, a woman walked into North Shore Coins, desperate to pawn off a few small pieces of jewelry. After her husband was injured and lost his job, she had been back and forth for several months trying to liquidate her assets. Finally, Jim Coello, the owner of the store, was able to offer her a strong price.
"She told me, 'Can you please come around here and give me a hug,'" Coello said, remembering the purchase. "She was in tears. 'You saved us,' she said. And stories like that are endless."...
Full Article: North Shore Coins collector values customers over coins - The Daily Northwestern
