Silver Dollars were first authorized during the presidency of George Washington in 1792. The first coins were produced two years later in 1794, with only 1,758 coins leaving the fledgling Mint in Philadelphia.Read more...
Sarasota Coin Club March Dinner meeting will be held at Flemings Steakhouse in their meeting room area. Cocktails start at approximately 6:00, Dinner at 7:00 with a meeting, raffle and auction to follow. Price for members is $30 and non members $50. For those who will bring non members, please remember membership is only $10.Read more...
In the past, most rare coin collectors chose a series or area of interest, and spent decades building their collection. Many of the greatest rare coin collections were assembled slowly over many years, if not a lifetime.
The famous collector John Jay Pittman spent several decades collecting coins and rarely, if ever, sold anything. After he passed in the 1990s, his primary residence sold for about $150,000. His coin collection was sold at auction by David Akers for over $30 million. You can easily gather that John Jay Pittman was very passionate about his collectionRead more...
Posted by Jeff Garrett on 10/18/2018
Numismatists' tastes in coins have evolved over the years. Coin collecting habits in the United States have continued to evolve since the hobby became popular in the late 1850s. Large Cents became sought after when the large format was discontinued. Many great collections were formed by collectors who started to search for one of every year Large Cent struck from 1793 to 1857. Many were surprised to find out that none had been produced in 1815 due to a copper shortage.Read more...
The Smithsonian collection sheds light on some of the earliest examples from the US Mint. To begin a conversation about early United States Proof Coinage we should first discuss the definition of the term. The Guide Book of United States Coins (Redbook) defines the term as such: Proof: A specially made coin distinguished by sharpness of detail and usually with brilliant, mirrorlike surfaces. Proof refers to the method of manufacture, and is not a grade.Read more...
NGC launched a new service for collectors and dealers in June called Photo Vision. The new photo service provides submitters with high-resolution pictures of their coins before they have been encapsulated. The pictures will be emailed to submitters who can use them for Set Registry listings, online sales and for identification purposes. The service is available at the discounted rate of $7.50 until the end of the year.Read more...
One of the biggest decisions for most collectors who become interested in numismatics is what to collect. Large numbers are attracted to the hobby when buying from the U.S. Mint, or purchasing a coin from a national advertiser.
Coins such as American Silver Eagles and Morgan Silver Dollars attract huge numbers into the hobby. These coins, and others, are often referred to as “gateway” material that introduces new collectors to numismatics. The same can said about the many bullion buyers who eventually gravitate to coin collecting.Read more...
A Numismatic Time Capsule
Posted by Jeff Garrett on 6/28/2018
One of the very best parts of my job is not knowing what the next phone call will bring. I tell people that for me, every day is an episode of the “Antiques Road Show.”
Posted by Jeff Garrett on 4/5/2018
Assembling a set of Kentucky banknotes was a challenge and a joy for this coin dealer. Each year for the last few decades, I have bought and sold millions of dollars’ worth of rare coins. I have had the privilege of handling a lot of great numismatic rarities. Most of these simply pass through my hands and are now only memories. A lot of the coins were sold to what I would call “passionate collectors.” These are individuals who have picked an area of the market to collect and pursued it with zealRead more...
Museums are Closer Than Ever
Posted by Jeff Garrett on 5/19/2018
Numismatic and other treasures in the world's museums are being digitized so everyone can access them. One of my favorite pastimes and something I have pursued with passion is visiting museums. I have been to hundreds of them over the years, and I still get excited when I discover a new one.Read more...
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