Blog

  1. Missed Opportunites

    Missed Opportunites

    A common numismatic regret: 'If I knew then what I know now' Having been in the rare coin business now for over 40 years, I often have thoughts about the classic saying, “if I knew then what I know now.” The market for rare coins has changed a great deal over the decades, with nearly every series of coinage becoming more fully developed and researched. The base of buyers has also increased many times over, with some areas of the market seeing intense competition for the very finest.

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  2. Myths About Coin Collecting

    Myths About Coin Collecting

    Useful facts and helpful tips for new coin collectors.

    One complaint that I sometimes receive about my articles is that there is not enough information for those new to the hobby. Most of my articles in recent years have drilled down on specific subjects, with the benefit of my many years in numismatics.

    Advanced collectors appreciate the knowledge or viewpoint, but much of the information is too advanced for beginners. The following is from several speeches I have given over the years, and might be useful for those who have just discovered the hobby.

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  3. MARCH CLUB DINNER MEETING

    MARCH CLUB DINNER MEETING

    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.

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  4. The Next Big Thing

    The Next Big Thing

    What will spark renewed interest in the hobby of coin collecting? This year marks the 20th anniversary of the US Mint States Quarter program. The program, which was launched in 1999, saw the issuance of five different commemorative quarter dollars each year. States were commemorated in the order of their entrance into statehood. Each state theme was approved by the governor of that state. The 1999 Delaware quarter was the first issued of this fantastically popular series.

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  5. Silver Dollars of Our Founding Fathers

    Silver Dollars of Our Founding Fathers

    You might be surprised how affordable some of the earliest US silver dollars are.

    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.

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  6. You Can't Rush a Great Collection

    You Can't Rush a Great Collection

    By Jeff Garrett

    Be patient, educate yourself, find opportunities and enjoy the hobby.

    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 collection

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  7. In Collecting, Change is Constant

    In Collecting, Change is Constant

    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.

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  8. When Proofs Were New

    When Proofs Were New

    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.

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  9. Digital Photography Revolutionizes The Hobby

    Digital Photography Revolutionizes The Hobby

    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.

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  10. Numismatic Camaraderie

    There are many specialized clubs that show coin collecting doesn't have to be a solitary activity.

    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.

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