Coin Collectors News

Celebrate an Important Occasion or Milestone with the 2019 United States Mint Congratulations Set

Jan 8, 2019 | Announcements, U.S. Mint

WASHINGTON – The 2019 United States Mint Congratulations Set (product code 19RF) will be available for purchase beginning on January 10 at noon EST. The set is ideal for celebrating special occasions or marking life’s milestones.

The set features one American Eagle One Ounce Silver Proof Coin from the West Point Mint. The coin is placed in an attractive presentation folder so that both the obverse (heads) and reverse (tails) are visible. The back of the folder displays the Certificate of Authenticity and the back of the coordinating sleeve displays the specifications of the coin.

The United States Mint Congratulations Set is priced at $56.95. The Mint will accept orders at catalog.usmint.gov/ and 1-800-USA-MINT (872-6468). Hearing- and speech-impaired customers with TTY equipment may order at 1-888-321-MINT. Information about shipping options is available at catalog.usmint.gov/customer-service/shipping.html.

Note: To ensure that all members of the public have fair and equal access to United States Mint products, the United States Mint will not accept and will not honor orders placed prior to the official on-sale date of Jan. 10, 2019, at noon EST.

Legend Rare Coin Auctions to Ring in 2019 with Beverly Hills Regency Auction

Jan 8, 2019 | Announcements, Auctions

Regency Auction 30 to feature important Buffalo Nickel, Barber Half Dollar, Type, and Morgan Dollar collections.

(Lincroft, NJ- January 2, 2019)—After a year of strong growth, Legend Rare Coin Auctions begins 2019 with its most valuable January Regency Auction ever. Due to the PCGS Members Show schedule, the 30th Regency Auction is also the firm’s first “stand alone” auction. The auction will take place on Sunday, January 27 at the Beverly Hills Marriott hotel (the former Crowne Plaza, site of many numismatic auctions over the years).

“Everyone is accustomed to Regency Auctions being associated with the PCGS Members’ Only shows,” explains Julie Abrams, president of Legend Rare Coin Auctions. “This year, the first PCGS is not scheduled until March and because of all the fantastic consignments we had received, we decided to conduct a standalone auction in January. Our Regency Auction will be one of the auctions that takes place in Southern California just prior to the Long Beach expo, a tradition that goes back generations.”

All told, 491 lots from important holdings including the following collections:

The Maybach Collection-a fresh to the market collection of Buffalo nickels, all graded MS65 by PCGS, and put together mostly 15-20 years ago by a dedicated specialist collector;
The Formula 1 Collection-a partial set of some of the FINEST Barber half dollars known to collectors, all graded by PCGS. Featuring pedigrees like Norweb, Eliasberg, Price, Duckor, Akers, and Shireman, these coins will attract strong bidding;
The Star City CAC Morgan Dollar Collection—a top-10 PCGS Registry Set of Morgan Dollars, with every coin being verified by CAC. Each coin was hand selected for a high end luster, smooth cheek, and bold strike.
The Sand Hill and Symphony Collections—two collections of assorted type coins and gold that play off each other quite nicely. Clearly selected for strong eye appeal and quality, these coins will delight all collectors.

“It was such a privilege cataloging these great collections for the Regency Auction,” stated Greg Cohen, Senior Numismatist. “Throughout the process, I feel like I have gotten to know the collectors personally—you learn a lot about them by looking at what they have chosen to place into their collections. After having cataloged the vast majority of the coins in the auction, I can say that each coin in these collections was carefully selected for eye appeal and quality.”

Further highlights of the sale include:

Lot 1: Marvelous GEM 1831 Restrike half cent, PCGS PR66 BN CAC
Lot 80: GEM 5C 1926-S from the Maybach Collection
Lot 172: The Eliasberg-Stellar FINEST KNOWN 1896-O Barber Half from the Formula 1 Collection
Lot 233: 50C 1956 PCGS MS66+ FBL CAC—the twin to the record breaking 1958 in our last auction.
Lot 318: KEY PCGS AU55 CAC $1 1893-S from the Star City Collection
Lot 385: One of the FINEST $20 1854 Kellogg, graded PCGS MS62+ CAC from the S.S. Central America
Lot 411: GEM DCAM 1878 $3 PCGS PR65 DCAM CAC—GORGEOUS!
Lot 454: The AMAZING, FINEST KNOWN PCGS MS67 CAC $20 1909-D, ex Eliasberg-Duckor-A&A.
Lot 483: Amazing transitional 1865 “With Motto” 50C, J-427. PCGS PR66 CAC

“This numismatic offering is a great way to start out the year!” exclaimed Laura Sperber, the founder of LRCA. “This sale has more than double the pre-sale estimated value of any January Regency Auction we have conducted in the past. It shows how strong our auctions have become! We have worked very hard to grow our auctions into the premier boutique numismatic auction house in the United States. The amazing quality and diversity of the coins included in the sale further proves that.”

The auction will be held on Sunday, January 27, 2019. Presale lot viewing will be held on Friday, January 25 and Saturday January 26, as well as Sunday the 27th. As a special for anyone who views lots, PCGS will be set up Friday and Saturday to accept submissions for grading. Coins submitted at lot viewing will be among the first coins returned at Long Beach. You may also request to view lots at Legend’s offices, by appointment, by calling 732-935-1168.

2019 American Eagle One Ounce Silver Proof Coin Goes on Sale on January 10

Jan 4, 2019 | Announcements, U.S. Mint

WASHINGTON – The United States Mint (Mint) will release the 2019 American Eagle One Ounce Silver Proof Coin (product code 19EA) on January 10, at noon (EST). The coin is priced at $55.95.

This exquisite coin is struck on 99.9 percent fine silver blanks at the Mint’s West Point facility, where it is encapsulated and mounted in a satin-lined blue velvet presentation case with a Certificate of Authenticity.

The obverse (heads) design features renowned sculptor Adolph A. Weinman’s full-length figure of Liberty in full stride, enveloped in folds of the flag, with her right hand extended and branches of laurel and oak in her left. The reverse (tails) design features former Mint Sculptor-Engraver John Mercanti’s rendition of a heraldic eagle with shield, an olive branch in the right talon and arrows in the left.

The Mint accepts orders at www.catalog.usmint.gov and at 1-800-USA-MINT (872-6468). Hearing- and speech-impaired customers with TTY equipment may order at 1-888-321-MINT. Information about shipping options is available at www.catalog.usmint.gov/customerservice/shipping.html.

Veteran dealer: Gold’s fundamentals never looked better

Jan 2, 2019 | APMD, News, PNG

(Temecula, California) January 2, 2019 – “Gold is starting 2019 with increasing price support and growing demand. I believe gold will reach its next major resistance level of $1,300 very soon, and after a short period of time should break above,” stated Barry Stuppler of Woodland Hills, California, President of the Accredited Precious Metals Dealers (https://apmddealers.org), a division of the Professional Numismatists Guild (https://pngdealers.org).

“The gold fundamentals have never looked better. Interest rates, such the U.S. 10-Year Treasury Note which is under to 2.7%, and the U.S. dollar are dropping. Demand is increasing from hedge funds, ETFs and central banks. While the global equity markets remain a question mark, we are seeing increasing gold demand from stock investors moving to a proven safe haven from the volatility they are seeing,” explained Stuppler.

“As global equity markets continue to move lower, gold buying in Asia, the Middle East and Europe is increasing as the price moves above $1,285 per ounce. January has an excellent history of showing higher gold prices, and last year gold hit its highest price in January,” he pointed out.

All nationwide members of the Temecula, California-based Professional Numismatists Guild Accredited Precious Metals Dealer (PNG-APMD) program undergo a background check, must adhere to a strict code of ethics in the buying and selling of numismatic items and guarantee the authenticity of the numismatic merchandise they sell.

A directory of PNG-APMD members can be found at www.apmddealers.org/apmd-dealers.

DLRC announces the addition of Paul Nugget to the team

Jan 1, 2019 | Announcements

David Lawrence Rare Coins (DLRC) is pleased to announce that world-renowned gold coin specialist Paul Nugget has joined the company as a new affiliate. Paul, a native New Yorker, will remain in the Empire State, serving his existing clients as well as helping DLRC serve a wider base of customers.

Nugget’s interest in coins started at eight years old and has propelled him to be the renowned gold coin specialist that he is today. He took a break during adolescence but returned to the hobby after finishing school at Hunter College. After getting a job at a coin shop in July 1969, his knowledge and expertise grew and led to a career in professional numismatics that has lasted almost 50 years. Although Nugget’s numismatic fluency covers all U.S. coins, he is most well-known for his specialty in U.S. gold coinage. Having worked with some of the world’s largest gold importers, one of the largest coin wholesalers, as well as the auction house, Stack’s-Bowers, Paul has seen it all and been involved in trading over a billion dollars in U.S. gold coins. Having purchased and sold pieces of practically all classic U.S. gold coins ranging from 1795 to 1933, both federal and pioneer, he is widely known amongst those in the coin industry as one of the foremost experts in his field. While he has a general disdain for Morgan Dollars, his knowledge covers all realms of numismatics.

After venturing solo in the coin business in 2014 and following a brief period of retirement, Nugget decided to join forces with his former mentee and now close colleague, John Brush, the President of DLRC. Brush stated, “I worked with Paul for three years at my first full-time place of employment, Spectrum Numismatics, and Paul took me under his wing in my first week on the job. Not only did he give me a loupe that I still treasure, he was always there to offer support, knowledge, and advice.” Brush continued, “Paul not only became a mentor to me, he also became a friend, and we have kept in touch as such over the years. When Paul first told me that he wanted to get back into the business, I immediately jumped on the opportunity and am thrilled to work with him again.”

According to Paul, “David Lawrence was a unique opportunity for me to do something that was slightly different than my past professional stops. To work with a wider range of collectors and to assist with the collection of D.L. Hansen was a special opportunity, and I am excited to work with John and the fantastic team at DLRC.”

Paul is also a long-time member of the PNG (Professional Numismatists Guild) as well as many other numismatic organizations, and both Nugget, in all his endeavors, and DLRC as a whole are known for their expertise in the hobby and have devoted themselves to the principles of the Professional Numismatists Guild (PNG): honesty, integrity, and reliability, and will continue to provide great value, high quality and unsurpassed customer service.

With Nugget’s enthusiasm and over 50 years of experience, the DLRC will continue to make new advances in the Numismatic market as their offerings become more diverse and they are able to offer a deeper and more thorough variety of U.S. gold. Nugget and DLRC are committed to being there for every customer and will offer the best they can provide.

ABOUT DAVID LAWRENCE RARE COINS

David Lawrence Rare Coins was founded in 1979 by David Lawrence Feigenbaum in a spare bedroom. A passionate collector his entire life, Feigenbaum made the jump to dealing when his collecting desires surpassed his limited professor’s budget. After David passed away from a long battle with ALS (Lou Gehrig’s Disease), David’s son John Feigenbaum took the reins and oversaw the company’s growth until 2015. In August of 2015, John Feigenbaum became the Publisher of the CDN Publishing and passed operations on to John Brush.

DLRC is located in Virginia Beach, VA, and offers products via their website (www.davidlawrence.com), trade shows, Amazon, eBay, as well as several other numismatic-related venues.