February 8, 2012

LCS’s Heller Acquires Premier Coins & Collectibles

Patrick A. Heller, owner of Liberty Coin Service (LCS) in Lansing, today announced his acquisition of Premier Coins & Collectibles on West Saginaw Highway in the west Lansing suburb of Delta Township.  The purchase of Premier, founded in 2009 by former LCS employees Robert Sweet and David Sweet, further expands Heller’s position as Michigan’s largest coin dealer.  Liberty Coin Service has two locations in the Frandor Shopping Center, on Lansing’s east side, while Premier is located at 7050 West Saginaw Highway, about a half mile east of Horrock’s.

Said Heller, “Bob and David established Premier last year to better serve customers on the west side of the Lansing metropolitan area.  It also gave them to opportunity to handle a wider selection of collectibles than we do at LCS.  This cooperative association gives both companies the incentive to offer the best possible service to customers.  At the same time by working together instead of as head-to-head competitors, both companies can make sales out of a larger inventory of precious metals and rare coins, will have a larger presence at national and Michigan trade shows, and save some expenses through joint advertising.”

Robert Sweet who, along with his son David, will continue to manage the day to day operations of Premier said, “I first started working at Liberty in the 1980s.  I love LCS’s customer-friendly attitude of consistently being the highest buyer of gold and platinum jewelry, rare coins, and precious metals.  We match that tradition at Premier.  So, not only can west side customers benefit from Liberty’s prices at a more convenient location, we also buy and sell collectibles such as classic era sports cards and collectibles, Magic The Gathering cards, a larger selection of military memorabilia, arrowheads, and comic books.”

Liberty Coin Service, in the Bank of America and Clippert Buildings in the Frandor Shopping Center in Lansing, was established in 1971.  It is Michigan’s largest rare coins and precious metals bullion dealership.  Owner Pat Heller is the author of a monthly newsletter, Liberty’s Outlook, posted at http://www.libertycoinservice.com.  Heller also writes weekly gold and precious metals commentaries for http://www.numismaster.com and http://www.coinupdate.com. Heller’s radio program on precious metals and rare coins is broadcast every Wednesday at 8:45 AM on 1320 WILS-AM, which also streams live at http://www.1320wils.com.

Recent honors include the 2010 Greater Lansing Entrepreneurial Awards in the Retail category and the American Numismatic Association Presidential Award in 2008.  As a member of the Michigan Quarter Commission appointed by former Governor John Engler, Heller was the primary author of the written description supplied to the US Mint for the design of the 2004 Michigan quarter, effectively being the unofficial “artist” of the coin.  Heller was recently interviewed by ABCNews.com, Fox Business News, and Bloomberg.

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