Dec 20, 2017 | News, PNG
All dealers should be cautious about possible
long-term ramifications of cashing fraudulent checks
(Temecula, California) December 19, 2017 – A long-time member of the Professional Numismatists Guild (www.PNGdealers.org) assisted the Federal Bureau of Investigation in solving a case involving an attempt by suspected thieves to purchase $2 million of gold using a bank check with the forged signature of a deceased New York City woman.
It is a cautionary tale for all dealers about the potential long-term effects of cashing a fraudulent check, even if they first verified the account with the bank.
On December 6, 2017, the Acting United States Attorney for the Southern District of New York, Joon H. Kim, and the Assistant Director-in-Charge of the New York Field Office of the FBI, William F. Sweeney Jr., announced the arrests that day of two suspects in the case.
According to a joint statement by the Justice Department and the FBI (https://www.justice.gov/usao-sdny/pr/two-men-charged-theft-over-2-million-stock-certificates-deceased-manhattan-woman), Stephen Decker, 59, of Secaucus, New Jersey, and Luis Mercado, 53, of Manhattan, New York, are charged with wire fraud, conspiracy to commit wire fraud and aggravated identity theft.
The case began in January 2017 when the PNG member-dealer, who wants to remain anonymous, received a phone call on a Friday afternoon from a man who stated he wanted to purchase $2 million worth of gold, but didn’t care what he purchased as long as it could be quickly delivered.
The dealer said he would get back to the caller to get more information, but on Monday morning the dealer received a check sent by the man in the amount of $2 million drawn on an account at the Bank of New York; however, the account was in a woman’s name.
“When someone’s buying $2 million worth of gold, they want to know what they’re getting and when they’re getting it. This just smelled bad,” explained the PNG member who wanted to delay any delivery of gold until he could verify the authenticity of the bank check.
“As the days went on, the caller changed his story, first claiming he was the grandson of the woman whose name and signature were on the check, and then claimed he was a grandnephew. He also only called me and refused to give his direct phone number. He only provided a number for an answering service where I could leave a message,” added the veteran rare coin and precious metals dealer.
The dealer repeatedly contacted the Bank of New York to verify the funds were good and repeatedly was told they were, but he remained suspicious. He contacted the FBI in New York to report his suspicions, and also contacted a former FBI agent he’s known for years. The FBI subsequently opened an investigation.
According to the Acting U.S. Attorney Kim, the two suspects allegedly “preyed on a deceased New Yorker’s estate by stealing millions in stock certificates from her home. Then, in an attempt to cover their tracks, the defendants allegedly sold the certificates and tried to purchase more than $2 million in gold coins so that the ill-gotten gains couldn’t be traced to them.”
The FBI’s Sweeney stated: “As alleged, when Decker and Mercado cashed out on stolen stock certificates, their right to ownership was nothing more than fool’s gold. Not only did the certificates not belong to them, their rightful owner was an elderly deceased woman with no representatives to stake her claim.”
The PNG dealer had cashed the $2 million check, but kept the funds knowing the money eventually would be returned to the bank.
“This experienced dealer knew what some other dealers may not realize,” explained PNG Executive Director Robert Brueggeman. “The bank could have up to six months to reclaim the money once they learned the check was not good.”
“In this case, had a dealer cashed the bad check, used those funds and sent the merchandise to the suspects, within days, weeks or months, he could have been ‘out’ millions of dollars,” cautioned Brueggeman.
“I asked the Bank of New York for a simple ‘thank you’ note, but even though I saved them $2 million and returned the funds as planned, they never said ‘thanks.’ I did get a nice note from one of the FBI agents who investigated the case. In any event, I’m happy my suspicions helped resolve a theft case,” said the PNG member who is a PNG Accredited Precious Metals Dealer (https://apmddealers.org).
Founded in 1955, the Professional Numismatists Guild (www.PNGdealers.org) is a nonprofit organization composed of many of the country’s top rare coin and paper money experts who undergo a background check, must adhere to a strict code of ethics in the buying and selling of numismatic items and who guarantee the authenticity of the numismatic merchandise they sell. The PNG mission statement is: Ensuring integrity, instilling confidence, and promoting professionalism for the benefit of all numismatic collectors and professionals.
A directory of PNG member-dealers is online at https://png.memberclicks.net/find-a-png-dealer and a directory of PNG-Accredited Precious Metals Dealers can be found at https://apmddealers.org/apmd-dealers.
Dec 18, 2017 | Auctions, News
(Lincroft, NJ—December 15, 2017) The final Regency Auction of 2017, the 24th held in conjunction with the December PCGS Members Only Show saw exceptionally strong results in many areas. The top lot was a Condition Census 1795 half dollar from the Col. Green and Eric Newman Collections, graded PCGS MS62. When bidding ended, it took $141,000 for the new owner to add it to his collection (this and all prices reported are inclusive of the 17.5% buyers premium).
“The Regency Auction on Thursday evening,” stated Legend President, Julie Abrams, “featured several great collections, including the current #2 PCGS Basic Design Type set—the Bubbabells Collection; a very cool offering of key gold and silver issues from the York Collection, and a Registry Set of Carson City Morgan dollars. From the time the sale was posted online, we knew there was a lot of serious interest in this sale, as a record number of people viewed our online catalog. On December 6, we had a special lot viewing session in New York City for our east coast customers, and with that and the viewers in Las Vegas, it was evident the auction would do very well.”
“One area of particular strength seen throughout the evening was 20th century coins that were at or close to the apex of the grading scale for their respective issues,” explains Greg Cohen, Senior Numismatist for the auction house. “From the outset with the Bubbabells type set, these issues brought strong prices, just take a look at this partial list of highlights:”
- Lot 4 1C 1908 PCGS PR67 RD. Realized $17,037.50
- Lot 34 50C 1939 PCGS MS68+ CAC. Realized $17,625
- Lot 42 $1 1921 Peace. PCGS MS66 CAC. Realized $12,337.50
- Lot 43 $1 1923 PCGS MS67 CAC. Realized $11,162.50
- Lot 368 $20 1914-D PCGS MS66+ CAC. Realized $45,825
- Lot 369 $20 $1914-S PCGS MS66+ CAC. Realized $30,550
“Overall, we are very pleased with the results of the auction and we are seeing that the market may well be strengthening coming into 2018” noted Laura Sperber, founder and partner in Legend Auctions. “We did see very fierce bidding from many different participants. With the stock market at all time highs, the economy doing nicely, wages going up according to government reports, we are seeing lots of new names coming in and placing strong bids. If this trend holds, we think 2018 will be really good for the coin market.”
Additional highlights include:
- Lot 50 $5 1897-S PCGS MS67+ CAC. Realized $41,125
- Lot 72 25C 1873-CC Arrows. PCGS AU55. Realized $79,312.50
- Lot 118 1C 1864 L on Ribbon. PCGS MS66 RB CAC. Realized $7,637.50
- Lot 188 10C 1814 STATES OF. PCGS AU58. Realized $17,037.50
- Lot 281 $1 1889-CC PCGS MS63. Realized $49,937,50
- Lot 358 $20 1893-S PCGS MS64 CAC. Realized $17,037.50
“The boutique style that our consignors’ coins are presented in lead directly to stronger prices,” Julie Abrams continued. “By limiting our sales to around 500 lots of hand selected coins, vetted for quality and value by our team of experts, our bidders do not have to search through thousands of subpar coins, they know in a Legend Auctions, we have already vetted the coins for them. They know they will be happy with their purchase, and can feel comfortable ‘stretching’ to add that special coin to their collections.”
Legend Rare Coin Auctions’ 2018 auction schedule is on the firm’s website, www.legendauctions.com. The next Regency Auction, number 25, is now closed for consignments and will be held on January 25, 2018. The firm will have Regency Auctions in May, July, September, and November. A major announcement regarding our May 2018 Regency Auction will be coming shortly so stay tuned. If you have coins to consign, contact either Julie Abrams or Greg Cohen to discuss your coins.
Dec 14, 2017 | News
A modern Chinese coin graded by Numismatic Guaranty Corporation (NGC) led the way at Heritage Auctions’ World Coins & Ancient Coins Signature Auction in Hong Kong earlier this month. The extremely rare 1989 Dragon & Phoenix Pattern Gold 200 Yuan, graded NGC PF 69 Ultra Cameo, realized an astonishing $408,000.
All in all, five of the top six coins in the auction were Chinese coins certified by NGC, including a 1907 Gold L&M-1024 Small Clouds Tael, graded NGC MS 63, that sold for $150,000. This coin was encapsulated with the NGC Red Dragon label, indicating that it was evaluated by the NGC Advanced Chinese Authentication Bureau (ACAB), which was established in March 2017.
The extraordinary results for these and other NGC-certified Chinese rarities reflect the strong demand for NGC-certified Chinese coins.
Read more >
Dec 13, 2017 | Auctions, News
Corrected on December 14, 2017
David Lawrence Rare Coins has brokered one of the rarest U.S. gold issues from the 19th Century. Graded by PCGS Proof 66 Cameo, DLRC placed an 1879 Coiled Hair $4 Gold Stella for just over $1,000,000. This transaction solidified the coin as one of the newest members of the PCGS Million Dollar Coin Club. Last sold in January 2014 for $851,875 in public auction, the coin had been held off the market for a few years and was recently acquired on behalf of the collector from a New Jersey dealer.
1879 Coiled Hair Stella PCGS Proof 66 Cameo sold by DLRC in excess of $1 million
John Brush, President of David Lawrence, reported, “a valued client and collector that we’ve had the privilege of working with in recent years contacted us in his search for a Coiled Hair Stella. Thanks to our long-standing relationships with dealers throughout the country, we were able to locate this piece quickly, and we were excited to marry the coin and the collector. All the parties involved were extremely pleased with our efficiency and handling of this transaction.”
About the $4 “Stella” Gold Pieces
The $4 Stellas of 1879 and 1880 are technically considered “pattern” coinage, but are treated and collected as regular-issue proof gold pieces. Named “Stella” for the Italian word “star” depicted on the reverse, the coins were originally conceived by John A. Kasson with help from Dr. William Wheeler Hubbell, and were to be used for international trade. However, the coins did not gain public acceptance and the production was halted. There are two varieties: Coiled Hair and Flowing Hair, with Coiled Hair being the rarer of the two. The 1879 Coiled Hair is the second rarest date, behind the 1880, and only twelve examples are known to have been struck.
“In the current marketplace, high end coins of major rarities are becoming increasingly harder to locate,” continued Brush. “As collectors and investors once again are returning to collectibles, we’ve seen record results in many public auctions and in private transactions. So, when collectors let us know their current Want Lists, we work hard to locate special coins such as the Coiled Hair Stella.”
This example of the 1879 Coiled Hair Stella can be traced back several generations as it was once part of the fabled Garrett and Buddy Ebsen Collections. A premium gem with well-struck devices, the lightest softness is noticed on some hair strands due to the typical planchet striations. Frosty surfaces with wonderful cameo contrasts and deeply-mirrored fields, the eye-appeal of this piece is nearly unmatched.
About David Lawrence Rare Coins
David Lawrence Rare Coins, founded in 1979, is an industry leader in the trading and auctioning of U.S. rare coins certified by PCGS, NGC, and CAC.
The company has handled legendary rarities of United States numismatics including two examples of the 1894-S Barber dime, a gem 1876-CC twenty cent piece, the finest known 1901-S Barber quarter, one of the twelve known 1870-S Seated dollars, and the finest certified 1796 No Pole Liberty Cap half cent. They also helped to assemble and sell the Richmond Collection, a group that realized $25 million at their public auction.
DLRC holds weekly internet auctions and offers sellers the options of direct sale or consignment to auction.
DLRC is located in Virginia Beach, VA, and offers products via their website (www.davidlawrence.com), trade shows, Amazon, and on eBay (davidlawrencerarecoins).
Dec 13, 2017 | ICTA/NCBA, News
There is misinformation floating out around the dealer community intermingling “like-kind exchanges” and three different sections of the tax code (1031, 1099-b and bartering).
The Industry Council for Tangible Assets has produced a white paper which goes into detail providing a comprehensive explanation of each section of the tax code. The purpose of the paper is to try and make it as simple as possible to understand.
The paper has been released to ICTA members to aid them in assessing the effects of these revisions if they engage in like-kind exchanges. To access the white paper, ICTA members log in at ictaonline.org and select Resources > White Papers > Broker Reporting > Like-Kind Exchange and Barter.
ICTA is also making the paper available to non-members for a limited time. For information to obtain the white paper, visit ictaonline.org/like-kind-exchange-barter-white-paper.
For more extensive information on the rules and regulations of filing a 1099-b, purchase the ICTA Broker Reporting Kit at ictaonline.org/information-kits-form.
This white paper and the Broker Reporting Kit is provided to assist dealers and is not intended to be used by dealers as the sole guidance for compliance. Dealers should consult with their tax professional.
About ICTA
ICTA is a 501(c)(6) non-profit association that represents the rare-coin, currency, and precious-metals communities. ICTA is supported solely by dues and donations. To join and/or learn more about ICTA, please visit our website — ictaonline.org.
Dec 12, 2017 | News, U.S. Mint
Registered U.S. Mint customers can pay with PayPal. For more information on linking PayPal to your U.S. Mint account, see our new FAQ, “How can I use PayPal to pay for my order”.
While you’re on our website, don’t forget to check out our Holiday Gift Guide. However you choose to pay – with a credit card or PayPal – we’ve got the coin or medal for someone on your list.

Dec 12, 2017 | Announcements, News

Isle of Man Post Office (IOMPO) reinforces the message of peace, love and happiness this festive season by giving its customers an opportunity to purchase IOM Government Treasury’s 2017 Christmas £5 coin, which features a dove, a well-known and universal symbol of peace.
The £5 coin depicts a very familiar image of a dove carrying an olive branch with outstretched wings, surrounded by a Christmas wreath. The coin bears the inscription ‘Nollick Ghennal’, which is Manx for ‘Merry Christmas’. The engraving on the edge of the coin reads ‘Shee dy row er y thalloo’, which translates to ‘Peace on Earth’.
This highly collectable Treasury coin is presented in a beautiful gift pack featuring snowy scenes from the Isle of Man against a Manx tartan background. The Proof Like gift pack is a limited edition of 1500 and each pack is individually numbered. Priced at £27.50, this coin, minted by Tower Mint, is packaged in a bespoke card that contains a certificate of authenticity from IOMPO. This Christmas themed coin is also available with a BU (Brilliant Uncirculated) finish and is priced at £16 per gift pack.
Isle of Man Stamps & Coins General Manager, Maxine Cannon said, “Christmas is that special time of the year when family and friends gather and exchange gifts to express their affection to one another. This 2017 Christmas £5 Coin that features the iconic image of a dove will make an exceptionally wonderful Christmas present, as it will not only be a treasured possession, it also conveys the message of peace, love and happiness to the receiver.”
Maxine added, “I would like to take this opportunity to wish all of our customers, on Island and everywhere else in the world, a very merry Christmas and may the spirit of this festive season bring you peace and happiness throughout the year.”
To further spread the cheer of Christmas, IOMPO will be giving those customers who purchase the BU finish or the Proof Like version of the 2017 Christmas £5 Coin from its website or direct from the Post Office, six of its beautiful 12 Days of Christmas Cards, by artist Catherine Rowe. Offer will end on the 31st of December 2017, is subject to availability and limited to one set per customer.
IOMPO offers a ‘no quibble’ return policy, free worldwide delivery and aims to despatch an order within 24 hours by First Class post (Monday to Friday). For more information about the 2017 Christmas £5 Coin or IOMPO’s delivery policies, customers can visit IOMPO’s website www.iompost.com.
Dec 7, 2017 | ICTA/NCBA, News
Acting Deputy Director of the U.S. Mint David Motl’s Nov. 17 response to an Oct. 27 letter from U.S. Representatives Frank Lucas (R-OK) and Alex Mooney (R-WV) requesting information regarding the Mint’s efforts to combat the rising tide of counterfeit coins entering the United States lacks commitment.
“While the Anti-Counterfeiting Task Force (ACTF) appreciates Acting Deputy Director Motl’s acknowledgement that counterfeiting represents a serious threat to the nation’s coinage, we are nevertheless disheartened that the U.S. Mint’s efforts on the anti-counterfeiting front do not reflect a serious commitment to act against this threat,” said Beth Deisher, Industry Council for Tangible Assets’ Director of Anti-Counterfeiting who also coordinates the ACTF.
In his letter to congressmen Lucas and Mooney, Motl points to the Mint’s Second Annual Numismatic Forum, held on Oct. 17 to discuss marketplace issues with 68 industry leaders. In fact, this forum would have been an excellent venue for U.S. Mint officials to describe the U.S. Mint’s anti-counterfeiting efforts, but the subject was never raised.
ACTF’s concern is that Mint leaders did not raise the subject because the U.S. Mint is doing little to address the surge of counterfeit U.S. coins now entering the United States. The Mint has long held the position that protecting the nation’s coinage from counterfeiters is the responsibility of the U.S. Secret Service; thus, it has remained inactive when it comes to developing and employing modern anti-counterfeiting technology to protect the coins it manufactures.
On Nov. 9, 2017, eight days prior to Motl writing his letter to Reps. Lucas and Mooney, ACTF representatives met with the acting deputy director and other senior staff at U.S. Mint headquarters. In that meeting, ACTF described three important steps the U.S. Mint has the authority and the financial resources to use today to fight the counterfeiters:
- Respond to the long-standing request from U.S. Customs and Border Protection to register U.S. Mint products with CBP to allow it to identify and interdict counterfeits as they enter the country. To-date, the U.S. Mint has not done so.
- Incorporate (as other sovereign mints have done) state-of-the-art anti-counterfeiting features into the packaging and Certificates of Authenticity that accompany its numismatic products.
- Launch a research and development program to determine the most effective anti- counterfeiting features to incorporate into its precious metals coins. Other sovereign mints are far ahead of the U. S. Mint in exploring these options and incorporating them into their coinage. As soon as practicable the U.S. Mint should draw upon other national mints’ experience and tap private-sector expertise into order to identify and implement the best anti-counterfeiting technology.
In his letter, Motl states that “in the past two years, we have not received any complaints about current-issue gold, platinum, or silver coins.” In fact, in the Nov. 9 meeting with Mr. Motl, ACTF representatives informed him and other Mint staff of evidence of counterfeiters producing fake American Eagle, American Buffalo, and U.S. commemorative coins, all of which are composed of precious metals.
David Ryder, who awaits U.S. Senate confirmation as the next director of the Mint, identified the counterfeiting threat as one of his top priorities. Ryder has deep experience in the field of anti-counterfeiting technology, and the U.S. Mint is in dire need of leadership that takes this threat seriously. ACTF encourages the U.S. Senate to act quickly to confirm him.
Mint response on counterfeits 20171117
The Industry Council for Tangible Assets formed the Anti-Counterfeiting Task Force’s in January 2017. ACTF’s mission is to educate law enforcement authorities and policy makers about the rising threat of counterfeiting, mobilize law enforcement to attack counterfeiters where they are most vulnerable, and provide expertise and other resources in the investigation and prosecution of counterfeiters and those involved at all levels of their distribution networks.
ACTF is totally funded through donations from businesses and individuals. For information about donating to support the work of the task force, visit
www.ictaonline.org/actf or contact Beth Deisher at 567-202-1795; email
beth.deisher@ictaonline.org. Make checks payable to ICTA Anti-Counterfeiting, P.O. Box 237, Dacula, GA 30019.
Dec 1, 2017 | ANA, News

Jennifer Croak Ackerman
Jennifer Croak Ackerman was recently promoted to Conventions Director for the American Numismatic Association (ANA). Ackerman will oversee and manage the convention department and its World’s Fair of Money® and National Money Show®.
Ackerman has been with the ANA since 2014 and previously served as manager for the ANA conventions department, with a focus on managing bourse operations and event sponsorships.
“I’m honored by the confidence shown me by ANA Executive Director Kim Kiick,” said Ackerman. “My primary goal is to enhance the ANA convention experience for dealers and collectors, as well as to incentivize world mints to participate in our shows.”
Ackerman graduated from Regis University with a Master of Business Administration degree in 2012. Pre- and post-graduation she worked as a member service representative for USAA. Over the course of her tenure with the ANA, Jennifer has managed and co-managed dozens of national conventions, collectors exhibits, numismatic auctions, club meetings and youth outreach events.
According to ANA Executive Director Kim Kiick, the Association conducted a national search for the position and reviewed dozens of applications. “Ultimately, our best candidate was already here,” she said. “Jennifer knows our dealers, understands our collectors, and presented us with a myriad of ideas on how to improve our shows. We’re excited to have her in this new role.”
ANA Convention Support Team
Approaching her work with a team mentality, Jennifer works in tandem with other trusted convention department staff to provide support and personalized service to the many ANA members and dealers who attend the shows.

Sam Joseph
Sam Joseph serves in the ANA’s conventions department as the exposition manager and works closely with the conventions director with regards to all convention details and planning. He joined the ANA in 2014 and has nearly 22 years of expertise in the areas of hospitality and convention management. Joseph also leads the department in specialty areas such as convention inventory control, equipment management, bourse floor mapping and coordination, and on-site exposition management.

Christie Cooper
Christie Cooper’s career as a conventions and seminar coordinator started in 2007 when she worked for the American Academy of Forensic Science as an exhibit coordinator. While there, she maintained the exhibitor database, developed floor plans and coordinated all aspects of exhibit sales. Cooper joined the ANA in 2014 and plays an active role with the conventions team, while also serving as the ANA’s advertising sales representative. Cooper focuses on pre-convention and on-site dealer customer service for both annual conventions, assists with all bourse operations and management, and secures advertising for The Numismatist (the Association’s official publication) and the Association’s website money.org.
The American Numismatic Association is a congressionally chartered, nonprofit educational organization dedicated to encouraging the study and collection of coins and related items. The ANA helps its 25,000 members and the public discover and explore the world of money through its array of instructional and outreach programs, as well as its museum, library, publications and conventions. For more information, call 719-632-2646 or visit www.money.org.
Nov 27, 2017 | Announcements, News
The Tyrant Collection is to be displayed in a multi-year series of exhibits at the Long Beach Expo
(Beverly Hills, California) November 27, 2017 – The existence of a previously unreported collection of the world’s most famous and valuable ancient, world and United States rare coins is being revealed for the first time. The Tyrant Collection, which includes a treasured 1937 Edward VIII proof set, will be publicly displayed over the course of several years through a series of exhibits at upcoming Long Beach Expo conventions.
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The only complete, privately-owned 1937 King Edward VIII patterns proof set is part of the previously unreported Tyrant Collection, described as the world’s most valuable rare coin collection in private hands. (Photo credit: Lyle Engleson/Goldberg Coin & Collectibles)
“For a number of years, the Tyrant collector has been assembling what is undoubtedly the world’s most valuable coin collection in private hands, worth hundreds of millions of dollars,” said Ira Goldberg, President of Goldberg Coins and Collectibles, Inc. (www.GoldbergCoins.com) in Los Angeles, California, who provided guidance in assembling The Tyrant Collection. “I’m sure collectors will be surprised and delighted as more information is revealed about upcoming displays of this remarkable collection.”
“The focus of the collection is tyrants of every age and culture,” explained the anonymous owner of The Tyrant Collection.
“Tyrants go by many titles: Kings and Queens, Emperors and Empresses, Czars and Czarinas, Dictators, Regents, Popes, Caliphs, Sultans, and Khans. But what defines them is their absolute power over a territory containing millions of people. Tyrants have been the primary shapers of history for thousands of years. One of the first things tyrants do upon obtaining power is strike coins with their name and likeness, announcing their claim to their territory. And they continue to mint coins to maintain their claim until the day they die or are deposed. Everyday coinage is the primary means by which tyrants notify their subjects and rivals of their tyranny,” the collector said.
“Coins still exist for nearly every tyrant of the last two thousand years who ever ruled a substantial country for more than a few weeks. The objective of The Tyrant Collection is to obtain a coin of every tyrant who ruled every major territory or country, preferably a large gold coin boldly displaying the tyrant’s name, likeness and titles,” he added.
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A masterpiece of Hellenistic art and one of only two known, this gold ancient Greece octodrachm of Ptolemy IV Philopator, circa 202-200 B.C., is one of the spectacular numismatic treasures in The Tyrant Collection that will be displayed over the coming years at the Long Beach Expo. (Photo credit: Lyle Engleson/Goldberg Coin & Collectibles)
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The finest known of one of the most historic ancient Roman coins, this gold aureus of Marcus Janius Brutus from 42 A.D. is part of The Tyrant Collection. It will be displayed with other collection highlights in a series of multi-year exhibitions at upcoming Long Beach Expo shows. (Photo credit: Lyle Engleson/Goldberg Coin & Collectibles)
The Tyrant Collection is divided into sections, one for each of the major civilizations which issued coins for an extended period of time. Civilizations require access to water for irrigation and transportation, so they tend to develop around bodies of water, such as rivers, lakes, and seas. Each section of The Tyrant Collection is named after the body of water it dominates.
One section of The Tyrant Collection, “The Tyrants of the Thames,” is the most valuable collection of English coins in private hands. Dozens of major rarities are contained within this collection, but the highlight is the single most valuable English numismatic item: the only complete proof set of Edward VIII in private hands.
When Edward VIII became King of England, the Royal Mint prepared five proof sets of the coins bearing his portrait, and these were scheduled to be issued in January of 1937. But on December 11, 1936, Edward VIII abdicated his throne to marry the woman he loved. By this act, Edward VIII became the only king of England for whom no coins were issued as money within the United Kingdom.
“Gold coins do not rust, tarnish, or decay. A two-thousand-year-old gold coin can look as if it was minted yesterday,” explained the owner of The Tyrant Collection.
“Large portrait coins are works of art commissioned by tyrants who commanded the greatest artists of their realms to render their effigies to last for thousands of years. The artistry is amazing. The few paintings or statues of the most influential and powerful people in history are locked away in museums that the public almost never sees. But here at the Long Beach Expo you will be able to see thousands of contemporary portraits, from life, of the most famous and powerful figures of history. I had so much fun assembling this collection that I want to share with the public the centuries of art, history, power, and money it comprises,” he stated.
Now, for the first time, collectors everywhere and the general public may view the coins which form this spectacular collection. The first exhibit from The Tyrant Collection will be held at the February 22 – 24, 2018 Long Beach Coin, Currency, Stamp and Sports Collectible Expo (www.LongBeachExpo.com). More information will be announced soon about the theme and the coins in this first exhibition.