The following is reposted from the Bowers on Collecting column on Coin Update In April 1956, all of the leading dealers headed for the Central States Numismatic Society convention held that year in Indianapolis. Among other attractions, besides the dynamic market, Abe Kosoff announced he would be selling the Thomas G. Melish Collection. Although it […]
Auction basics: Know service terms before placing a bid
Sheena Wallace of Stagecoach Auctions, one of my long-time favorite auctioneers, asked me a fundamental question in a recent discussion about issues in online coin auctions, wondering whether new hobbyists really understood bidding basics. I wrote about this in 2012, and recommended these practices, some of which are still valid today: 1. Always read the […]
St. James’s offers newly discovered 1793 cent, now certified by NGC
A U.S. rarity dating back to the early days of the U.S. Mint leads the way in a September sale. A newly discovered U.S. rarity dating back to the beginning of United States coinage is among hundreds of coins certified by Numismatic Guaranty Company (NGC) that are being offered in a St. James’s Auctions sale. […]
Bans and scams plaguing online coin auctions
Scams and other complications have caused some of my favorite HiBid coin auctioneers to ban certain bidders or require bank transfers to ensure payment. Here’s an example from Stagecoach Auctions: You’ll notice in the “bidding notice” at the bottom of the photo above is that the auction is not accepting new bidders from outside the […]
Use the Red Book as a study guide
I am 71, and the Red Book is older than I am. I was born in 1952, and here is a photo of that edition: I have purchased Red Books, otherwise known as A Guide Book of United States Coins, since my boyhood as a collector. I have several older editions even now in my […]
Exceptionally rare 1845 Proof Gold Master Set display In Long Beach
Tangible Investments will also have All-Time Finest 1880 Proof Set at September 7-9, 2023, at Long Beach Expo (Long Beach, California) August 22, 2023 — The first West Coast public display of the finest of only three “Master” sets of United States Mint 1845 Proof gold coins will be at the Long Beach Expo (www.LongBeachExpo.com), […]
The beauty and challenge of collecting “Ike” dollars
During my decades of collecting, I often sought and bought Eisenhower dollars, commonly called “Ikes,” and struck from 1971 through 1978 in a variety of compositions and finishes. “I Like Ike” was the famous 1952 slogan for then-presidential candidate Dwight D. Eisenhower. I was born in 1952 and still like Ikes. There are all manner […]
Hall of Fame ceremony, charitable auction honor the memory of late coin entrepreneur Michael “Miles” Standish
Professional Coin Grading Service is inducting Michael “Miles” Standish into its PCGS CoinFacts Coin Dealers Hall of Fame and GreatCollections is hosting a benefit auction for the philanthropist’s charities (Santa Ana, California) — Professional Coin Grading Service (PCGS) and GreatCollections (www.greatcollections.com/) are joining forces to honor Michael “Miles” Standish, one of the most prominent figures […]
NGC-certified Morgan dollars from Tahoe Tavern Casino Collection offered in Heritage sale
For over 75 years, the family that owned the Tahoe Tavern Casino held onto the Morgan dollars, most of which were minted in nearby Carson City. A group of almost 300 Morgan dollars certified by Numismatic Guaranty Company (NGC) is being offered in an upcoming Heritage Auctions sale. Online bidding is already underway for The […]
Recommendation on PCI green label coins
It pains me to make this recommendation on trying to cross over older green label PCI coins to NGC and PCGS. I have never had any luck with NGC concerning PCI coins, including American Silver Eagles. I don’t understand how their graders can label some of these robust rainbows as artificial. Suffice to say, I […]
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