{Tag Archives} John Feigenbaum's Ramblings
State of the Market - Post Long Beach Report - John Feigenbaum’s Ramblings
Sep 22 at 9:09pm
John Brush and I have just returned from the Long Beach show which was held last weekend. The show coincided with the events of one of the most bizarre weeks ever witnessed by the United States financial markets. And yet, dealers bought and sold coins during the show trying to pretend Wall Street wasn’t actually crumbling around us! Even more strangely, gold surged over $80 during show hours on Thursday.
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In Memory of Jack Lee… - John Feigenbaum’s Ramblings
Aug 19 at 1:01pm
I write tonight’s blog with a very heavy heart. I was traveling out of the country over the weekend when I heard that my dear friend, Jack Lee, had passed away. Jack has been well known in numismatic circles these past two decades, primarily for the famous Silver dollar collections he assembled. Their quality was been unmatched because Jack had the rare combination of a critical eye, patience, and financial means to build the greatest Morgan dollar collection.
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Third Party Grading, Visited - John Feigenbaum’s Ramblings
Aug 12 at 12:12pm
I was asked a very interesting and challenging question today by Steve T., a collector of certified U.S. coins and customer of ours for just over 2 years. First, Steve was disappointed because he had cracked an NGC MS61 gold piece out of its holder and submitted it PCGS — and it graded AU58. We had originally sold him the coin and he wanted to know if we would allow him to return it. In other words, “would we guarantee the grade of the coin?”
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ANA Recap - John Feigenbaum’s Ramblings
Aug 5 at 10:10pm
I rushed back to the main ANA on Tuesday morning for the opening of PNG Day and the momentum continued. We exhausted ourselves trying to keep up with the pace of business. Now, we mostly do wholesale at shows, and the ANA is no exception, but collector traffic was very good for the show. The trend of declining show attendance is still there and I think the ANA will report lower numbers than in previous years. But that’s due largely to the fact that serious collectors are happy to stay home and acquire coins via the Internet.
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July 4th Musings - John Feigenbaum’s Ramblings
Jul 10 at 9:09pm
I hope everyone enjoyed their 3-day weekend. July marks the beginning of the third quarter, and the coin market tends to quiet down in this period as the busy travel (marathon) schedule of January-May is much quieter in June-July until the ANA show. Many small dealers without employees take long vacations during this time of year.
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