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Coin Dealers

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

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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

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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

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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

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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

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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

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Signs along Highway 15 advertise gold, silver, diamonds, coins -- everything you can expect to find inside Kuehl's Coins.

A step through the shop's front door reveals little floor space but case upon case of collectibles and valuables. Indian head pennies mingle with buffalo nickels. Silver dollars share space with proof sets. Rings and necklaces sparkle side by side in one case, while several watches hang on the wall above them. And over it all reigns the shop's owner, Vaughn Kuehl.

Full Article: Wealth Of Experience Inside Fairmont Coin Shop - wcoo.com

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Harvey Stack calls it collector pride. That's why the coin market today remains strong, despite the financial chaos on Wall Street.  "A collector is one who has great pride in his assemblage," said Stack, co-chairman of the auction house Stack's. "The motivation for collectors is why we have a different situation market wise." At Heritage Auctions, co-chairman Steve Ivy said he can't remember a time when he's seen as many new and active buyers.

Read article: Collector Coin Market Stays Strong - NumisMaster

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The temperature outside was certainly sizzling at the American Numismatic Association World’s Fair of Money July 30-Aug. 3 in Baltimore. The question was whether the market was hot inside as well.

Asking dealers about their results showed varying degrees of enthusiasm. Nobody seemed to have had a bad show, but nobody claimed it was the best show ever, either.

Read entire article: Coin Dealers assess ANA - Numismatic News

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Planning comes first for new dealers at local shows – Coin World

August 4, 2008

In advising someone who has never operated a coin show bourse table before, dealers from across the country agree that several things need to be considered before the day of the show – location, venue, pricing and equipment.
Locating a local show
A good place to start is locating a show at which you can set up [...]

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How To Locate A Local Coin Dealer – BellaOnline

August 2, 2008

Finally the time comes when you need to find a local coin dealer. This could be because you have some coins that you want to learn more about, or how much they are worth, or you might want to sell what you have or even buy some new coins for your collection.
So how do you [...]

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Some lies coin dealers will tell you – YourHub.com

July 30, 2008

Some of you are looking into putting your IRA or 401K funds into a safe investment. A lot of the traditional holdings aren’t doing so well in protecting your accumulated wealth. There is even talk of the U.S Government losing their AAA credit rating if they nationalize Freddie Mac and Fannie Mae. That would mean [...]

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Portsmouth shop specializes in silver and gold – Seacoastonline.com

July 24, 2008

Port City Coin and Jewelry opened its doors on April 15. It is an easy day to remember — tax day — and as the business is about money and investments, a most appropriate day for this business’ opening.
Allan Pechner, a Massachusetts native who has lived in Portsmouth since 1991, is very keen on his [...]

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Hobby leads to coin career – 2theadvocate.com

June 30, 2008

A handful of coins gave Louis Pizzolatto a history lesson, a hobby and his livelihood. Soon after Pizzolatto received a group of coins from his grandparents when he was a child, he started studying the stories behind the coins.
“I like the history part of it,” he said. “That is what got me into it. I [...]

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How Are Record High Gold Prices Affecting Coin Dealers’ Business? – NumisMaster

June 3, 2008

Rising gold prices has been very profitable for coin dealers, especially those who deal in bullion-priced products as well as collector coins. When gold surpassed its 1980 high of $850 at the beginning of 2008, activity soared. As the rose to more than $1,000 in mid-March, volume rose even more.
Entire article: How Are Record High [...]

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