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North Carolina joins 35 other states with sales-tax exemptions

July 26, 2017 in Coins, Collecting, E-commerce, Education, History, Investing, Legal, Legislation, News, Numismatica, Numismatics, Rare Coins, US Government

By: Press Release News.CoinUpdate.com (Coin Update News)

On Tuesday, July 25, 2017, North Carolina governor Roy Cooper signed into law House Bill 434: Coins/Currency/Bullion Sales Tax Exemption. The law is a complete sales-and-use tax exemption on coins, currency, and precious-metals bullion sales.

“The bill’s author, Representative Dana Bumgardner, coauthors Representative Jeff Collins, Representative Mark Brody, and Representative Mike Clampitt, along with its Senate sponsor, Senator Bill Rabon, championed the bill through the legislature,” said Mitch Hyatt (Hyatt Coin Shop, Charlotte, North Carolina). “North Carolina coin businesses and collectors owe them a debt of gratitude.”

In the fall of 2016, Hyatt started collaborating with the Industry Council for Tangible Assets… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Exaggerated descriptions plague coin auctions

June 19, 2017 in Auctions, Coins, Coins for sale, Collecting, E-commerce, Education, Ethics, Grading, Investing, News, Numismatic Crimes, Numismatica, Numismatics, Online Tools, Opinion, USA Coins

By: Michael Bugeja News.CoinUpdate.com (Coin Update News)

I am growing weary reporting exaggerated descriptions in online coin auctions hosted by major portals, such as Proxibid and eBay. While it is difficult for those portals to monitor all lots in multitudes of auctions, it nevertheless hurts the hobby when hyped descriptions are not reported.

Here are just a few recent examples. I could provide many more, but these deal with coin rolls, raw coins, and holdered coins by eBay-approved and unapproved companies.

Let’s start with the “never opened” roll (hover cursor over images to zoom)… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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European dealer devises a clever contest using a fake coin

May 18, 2017 in Ancient Coins, Antique Coins, Auctions, Coins, Coins for sale, Collecting, Competition, E-commerce, Education, Events, Fake Coins, Gold, Gold Coins, History, News, Numismatica, Numismatics, Rare Coins, World Coins

By: Coin Update News.CoinUpdate.com (Coin Update News)

There’s a fake in the latest catalog of a respected auction house—and the owner knows it.

Dr. Hubert Lanz, of the respected Munich coin company Numismatik Lanz, has long been a champion of collectors, whose many hazards include the issue of counterfeit coins. As Numismatik Lanz is celebrating its 70th year of operation, Dr. Lanz came up with a clever idea to promote the company and highlight the danger of fraud in numismatics: He placed a fake in catalog number 164, and announced that anyone who identified the fake would receive a €25 credit toward their purchase in the auction.

Numismatik Lanz… Full article at the source>

Source: c

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Bidding at auction

April 17, 2017 in Auctions, Coins, Coins for sale, Collecting, E-commerce, Education, Investing, News, Numismatica, Numismatics, Online Tools, Opinion

By: Dennis Hengeveld News.CoinUpdate.com (Coin Update News)

Bidding in an auction can be a fun and rewarding experience. This is particularly true of floor auctions, held around the world, where bidders compete for items through a variety of bidding options. While these options vary from auction house to auction house, most collectors can bid in auctions by being at the venue, bidding online, bidding by phone, placing a book bid prior to the auction, or having a representative bid for them at the auction. Each of the methods has its pros and cons, and in this article we will take a look at each of the various… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Stack’s Bowers Galleries to showcase important collections in March 2017 Baltimore Auction

March 25, 2017 in Antique Coins, Auctions, Coin Shows, Coins, Coins for sale, Collecting, Collector Sets, Conventions, E-commerce, Education, Fun, Gold, Gold Coins, History, Investing, Medals, News, Numismatica, Numismatics, Offers, Opinion, Rare Coins, USA Coins

By: Coin Update News.CoinUpdate.com (Coin Update News)

 

Stack’s Bowers Galleries will be offering world-class collections as part of their Official Auction of the Whitman Coins & Collectible Expo next week in Baltimore, Maryland. Anchored by the Blue Moon Collection, Part I, and the collections of Dr. Gordon Shaw and Anthony Bettencourt, this event will showcase fresh, high-quality material that many collectors will be eager to bid on.

The auction begins at 4:00 (ET) on the afternoon of Wednesday, March 29, with Session I, which will feature numismatic Americana, colonial… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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More Bidding Basics: Buy It Now & Make Offer “Deals”

March 18, 2017 in Auctions, Coin Grading, Coins, Coins for sale, Collecting, E-commerce, Ebay, Education, Grading, News, Numismatica, Numismatics, Opinion, Rare Coins, USA Coins, World Coins

By: Michael Bugeja News.CoinUpdate.com (Coin Update News)

Every now and then we need to monitor the major online coin portals in our “Bidding Basics” series—this time, concerning “Buy It Now” and “Make Offer” deals on Proxibid and eBay.

Some general rules:

  • Never bid on raw coins unless you are an expert grader, trust the seller, can view excellent photos, and can return the coin if unsatisfied.
  • Never bid on coins in bottom-tier slabs unless you spot a mistake like a rare error or variation that isn’t listed on the label.
  • Consider not wasting time on “Buy It Now” offers unless you need the coin or currency for your collection… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Dipped: Know the Tell-Tale Signs

February 28, 2017 in Antique Coins, Coins, Coins for sale, Collecting, Copper, Copper Coins, E-commerce, Ebay, Education, Morgan Silver Dollars, News, Numismatica, Numismatics, Opinion, Pennies, Rare Coins, Silver Coins, USA Coins

By: Michael Bugeja News.CoinUpdate.com (Coin Update News)

Increasingly on Proxibid, HiBid, and eBay, I am encountering dipped coins, making me wary about placing any bids, even on Morgan dollars like this 1902 one depicted above. That’s not how a 115-year-old silver coin is supposed to look, unless it was broken out of a bank roll, in which case the seller would have offered more than one in this condition.

This coin was expertly dipped, meaning it still may slab at PCGS or NGC.

You can buy dips at coin shops, at shows, and online. Each dealer or expert hobbyist has his or her formula, usually diluted with… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Ups and Downs of Online Auctioneering: An Interview with Sheena Wallace

February 1, 2017 in Auctions, Coins, Coins for sale, Collecting, E-commerce, Education, Investing, News, Numismatica, Numismatics, Opinion, Photography, USA Coins, World Coins

By: Michael Bugeja News.CoinUpdate.com (Coin Update News)

 Online coin auctions are challenging for buyer, seller, and auctioneer, says Sheena Wallace, who helps run Auctions by Wallace, an onsite and online auction that typically showcases coins each week.

On her website, she notes that her company has “a proven track record when it comes to selling coins.” She emphasizes that her coin auctions are competitive because of the combined online and onsite crowds. She also has taken pains to provide hobbyists with expert photography.

I’ve consigned coins with Auctions by Wallace because the bidders tend to know numismatics. So rare lots tend to go at higher rates than… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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The Volatile State of Online Estate Auctions

January 9, 2017 in Auctions, Coins, Collecting, E-commerce, Ebay, Education, Investing, News, Numismatica, Numismatics, Opinion, Rare Coins, Technology, USA Coins

By: Michael Bugeja News.CoinUpdate.com (Coin Update News)

payment

For the past seven years I have bought and sold coins almost exclusively via the Internet, preferring estate auctions on Proxibid over other venues. I even created a blog, no longer active, called Proxiblog.org, to monitor the company. I still prefer Proxibid over other portals, even eBay—too much competition there, too little oversight, and too few actual auctioneers.

But even auction portals like Proxibid may be falling behind technological trends, and that can spell dire consequences for the hobby.

Before 2011, I bought coins almost exclusively from dealers and coin shows. When I started bidding on Proxibid, I discovered that I could… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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The Domino Effect of No-Pay Bidders

October 21, 2016 in Coins, Coins for sale, Collecting, E-commerce, Ebay, Education, News, Numismatica, Numismatics, Online Tools, Opinion, USA Coins, World Coins

By: Michael Bugeja News.CoinUpdate.com (Coin Update News)

call-of-duty-black-ops-ii-multiplayer

Online bidders who think coin auctions are a kind of video game do damage, not only to their own credit (if they even have or care about credit) but to portals, auctioneers, consignors and buyers who lost out on bids or who will pay ever-higher premiums when they do win coins.

I used to sell on eBay and had to follow up on no- and slow-pay buyers, often leading to uncivil messages that made me stop doing business on that portal, content to consign to popular auctioneers and pay 10-15% seller fees in addition to more fees for photos and listings…. Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Online Platforms vs. Buyer’s Fee: Share Your Views!

July 7, 2016 in Auctions, Coins, Coins for sale, Collecting, E-commerce, Education, News, Numismatica, Numismatics, Rare Coins

By: Michael Bugeja News.CoinUpdate.com (Coin Update News)

proxibid4

Occasionally we need our viewers to weigh in on a complex or controversial issue, and this is as controversial as it gets: questions about where you do online coin business and why and what terms you are willing to accept or reject.

We will cover fees (paid by sellers and buyers) in addition to services before sharing some examples from my Proxibid experience–which you can affirm or contest, as always, because your opinions matter at Coin Update.

First, some background to inform your views.

Last year Numismatic News ran an interesting and prescient piece chronicling the reasons hobbyists are buying more coins online… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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2016 American Eagle Gold Proof Coins Debut, 4-Coin Set Now Unavailable

March 18, 2016 in Coins, Coins for sale, Collecting, Collector Sets, E-commerce, Gold, Gold Bullion, Gold Coins, Gold Eagles, Investing, New Releases, News, Numismatica, Numismatics, Offers, Precious Metals, Proof Coins, US Mint, USA Coins

By Dan Holmes News.CoinUpdate.com (Coin Update News)

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Today the U.S. Mint released its 2016 American Eagle Gold Proof Coins, which are composed of 22-karat gold and are offered in 1/10-ounce, 1/4-ounce, 1/2-ounce, and 1-ounce versions.

A four-coin set containing all of these issues has also been issued, but went into “Currently Unavailable” status on the Mint’s Web site less than three hours after its release. There are no sales restrictions or production limits in place for either the set or the individual coins, though, so it is likely that the four-coin set will become available again soon.

The obverse… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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2016 Mark Twain Silver Commemorative Coins Delayed

January 9, 2016 in Blogs, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Dollar Coins, E-commerce, Gold, Gold Coins, History, New Releases, News, Numismatica, Numismatics, Precious Metals, Proof Coins, Silver, Silver Coins, Uncirculated Coins, US Mint, USA Coins

By: Mint News Blog Mint News Blog (http://mintnewsblog.com)

2016-mark-twain-commemorative-silver-proof-obverseBOTH

The U.S. Mint has delayed the release of the 2016 Mark Twain Commemorative Silver Coins, originally scheduled to launch on January 14, the same day as the gold Twain commemoratives. Now the silver issues are expected to go on sale two weeks later on Wednesday, January 27, along with rolls, bags, and boxes of the 2016 Native American $1 coin.

Michael White of the Mint’s Office of Corporate Communications told Mint News Blog that the Mint simply wants to ensure there is enough inventory on hand to handle the launch.

Both the silver and gold coins will be released in Proof and… Full article at the source>

Source: Mint News Blog (http://mintnewsblog.com)

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Introducing Collectors.com

September 7, 2015 in Art, Auctions, Coins, Coins for sale, Collecting, E-commerce, Ebay, Education, Entertainment, Fun, Investing, News, Numismatica, Numismatics, Online Tools, USA Coins, World Coins

 

By: Collectors.com

Originally published on Aug 27, 2015

Visit www.collectors.com to find collectibles.

The fastest and easiest way to find the collectibles you need for your collection is Collectors.com. Search results for coins, trading cards, currency, stamps and autographs from across the internet in a single dashboard. Collectors.com is so simple to use it will become the first place you go to collect.

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New Collectors.com Lets You Quickly Find $1 Billion Of Coins, Banknotes And Other Collectibles

August 27, 2015 in Coins, Coins for sale, Collecting, E-commerce, Gold, Gold Coins, News, Numismatica, Numismatics, Online Tools, PCGS (Professional Coin Grading Service), Press Releases, Rare Coins, Silver, Silver Coins

For immediate release
August 27, 2015

News media contact:
Steve Sloan, (949) 567-1223

New Collectors.com Lets You Quickly Find
$1 Billion Of Coins, Banknotes And Other Collectibles

 

New Collectors.com Lets You Quickly Find $1 Billion Of Coins, Banknotes And Other Collectibles

New Collectors.com Lets You Quickly Find
$1 Billion Of Coins, Banknotes And Other Collectibles

(Newport Beach, California) — Imagine the convenience of finding every coin, banknote or other collectible item you want that is currently available for sale online, all in one place.  That place now is Collectors.com (www.Collectors.com), a new, one-stop website that instantly provides information on the availability of more than 9 million collectibles currently offered for sale.

“This is a fantastic new, easy-to-use tool to find virtually every online listing for collectible items you’re seeking.  You no longer have to endure time-consuming and scattered hunts on multiple websites,” explained David Hall, Founder and President of Collectors Universe, Inc. (NASDAQ: CLCT).

“As a collector myself, I was blown away by the speed and power of Collectors.com, which allows you to find collectibles using a wide range of filters including price, seller and condition.  If it’s out there, Collectors.com will help you find it,” Hall emphasized.

On its August 27, 2015 launch, Collectors.com was gathering information about collectibles for sale from more than 542 websites involving a total of 53,684 sellers.  These sellers and sites combined for a total of 9,241,446 collectibles with an incredible aggregate value of $1,015,588,542.

Collectors.com launched with aggregated collectibles listings for rare coins, paper money, trading cards, autographs and stamps.  The site plans on expanding to dozens of other popular collectibles categories with future rollouts.

Collectors.com was created because of the frustration collectors often face at having to individually visit and search through dozens of websites, one-at-a-time, to find collectibles.  

Don Willis, President of the Professional Coin Grading Service division of Collectors Universe, explained the website’s origins:  “Everyone collects something.  As an avid collector, I used to spend hours every week searching websites and marketplaces for items I was collecting.  I tried using traditional search tools but they returned volumes of disorganized results that were not helpful in finding what I was searching for.  My searches were time consuming and typically ended in frustration.  The need for a collectibles aggregator was obvious.”

A view of the dedicated coins category on Collectors.com, a website where collectors can quickly find over $1 billion of collectibles offered for sale online.

A view of the dedicated coins category on Collectors.com, a website where collectors can quickly find over $1 billion of collectibles offered for sale online.

“We assembled a superb technical team who, combined with the decades of collectibles experience found within Collectors Universe, Inc., created this unique value-added aggregator.  We have been beta testing Collectors.com for the past 8 months within the PCGS (coins) and PSA (cards) divisions of Collectors Universe Inc., and in the process of developing it we have discovered many new and exciting applications that will benefit both buyers and sellers.  Our goal is to add those applications as well as many more collectible categories as quickly as possible,” said Willis.

“Collectors.com does not buy or sell collectibles. It simply facilitates the meeting between the buyer and seller.  For the serious collector, Collectors.com is a powerful search tool which is actively monitoring the Internet.  For the merely curious, Collectors.com offers an exciting opportunity to discover items of potential interest.  For sellers, Collectors.com adds a new platform where thousands of potential buyers can easily find their coins and banknotes, and quickly link to their website for purchase,” he explained.

“Simply stated, the goal of Collectors.com is to list every collectible available anywhere in the world,” emphasized Willis.

An informative video that explains the simple-to-use Collectors.com system can be viewed on the home page, www.Collectors.com.

Collectors.com, patent pending, is a division of Collectors Universe, Inc. (NASDAQ:CLCT), the parent company of Professional Coin Grading Service (PCGS) and Professional Sports Authenticator (PSA), among other leading collecting-based services.

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Grading Raw Coins Online: A New Perspective

July 20, 2015 in Antique Coins, Auctions, Coins, Coins for sale, Collecting, Dollar Coins, E-commerce, Ebay, Education, Ethics, Investing, News, Numismatica, Numismatics, Photography, Rare Coins, Silver, Silver Coins, USA Coins

By: Michael Bugeja News.CoinUpdate.com (Coin Update News)

trick_slant

In “Silver Dollars & Trade Dollars of the United States: A Complete Encyclopedia,” Q. David Bowers writes that the 1897-O Morgan dollar is rare at the MS63 grade, with only 400 to 800 surviving examples. In MS-64, he writes, only 80 to 150 exist and in MS-65, about 50 to 100. I decided to take a chance in a Proxibid online auction where I had been buying most of my raw coins, paying $276 for the above one with buyer’s premium.

In MS62, the 1897-O retails at $2,600 with about double that amount for an MS63. At MS64,… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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How to Safely Buy Gold Coins on eBay

July 5, 2015 in Antique Coins, Auctions, Coins, Coins for sale, Collecting, E-commerce, Ebay, Education, Ethics, Fake Coins, Gold, Gold Coins, Numismatica, Numismatics, Precious Metals, Rare Coins, Silver, Silver Coins, USA Coins, World Coins

By: The Silver Dollar Scoop (Silver Dollar Co)

With the price of gold at a five-year low, gold coins have become a very attractive investment opportunity for many collectors. Any coin shop or bullion shop will have a selection of gold, but most of their coins will be priced at a substantial premium over the precious metal melt value. For the absolute lowest prices on gold and silver coins, a collector’s best bet is eBay.

To the uninitiated, eBay can be a scary place. Counterfeit coins are a very large and real risk, especially when it comes to high value gold. An inexperienced shopper can easily… Full article at the source>

Source: Coin Collecting Alltop.com

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New PCGS Set Registry® Feature Finds Coins Instantly For Users

January 9, 2015 in Coin Dealers, Coin Grading, Coins, Coins for sale, Collecting, Collector Sets, E-commerce, News, Numismatica, Numismatics, PCGS (Professional Coin Grading Service), Press Releases, USA Coins

For immediate release

January 9, 2015

News media contact:
Steve Sloan, (949) 567-1223

New PCGS Set Registry® Feature Finds Coins Instantly For Users

The new PCGS Shop Button feature in the PCGS Set Registry® lets you instantly find coins for sale, such as in this example, an 1885 Indian Head cent graded PCGS MS65 or higher.

The new PCGS Shop Button feature in the PCGS Set Registry® lets you instantly find coins for sale, such as in this example, an 1885 Indian Head cent graded PCGS MS65 or higher.

(Orlando, Florida) — A powerful, new search tool, found exclusively within the PCGS Set Registry® (www.PCGS.com/SetRegistry), saves collectors considerable time when shopping for coins online.

The new “PCGS Shop Button” conveniently finds and displays nearly every PCGS coin currently offered online, whether at auction or in a fixed-price ecommerce listing. The collector can then easily click through to the listing site to research the coin further, bid on the coin, or complete the transaction.

“Collecting is competitive, especially on the Set Registry, and searching every conceivable venue for the coin you need before someone else finds it can be time consuming and hit-or-miss.  The PCGS Shop Button is here to solve the ‘searching’ problem by simultaneously exploring nearly all listings for the coins you need,” explained PCGS President, Don Willis.

Willis announced the new feature at the PCGS Set Registry luncheon on Friday, January 9, 2015, at the Florida United Numismatists convention in Orlando, Florida.

“Directly from the interface of the PCGS Set Registry, this new service searches major ecommerce sites, like eBay, Amazon, and Collectors Corner, as well as top auction sites, and virtually every ecommerce coin dealer site, to return the right PCGS-graded coins back to you,” Willis added.

“The PCGS Shop Button is an incredible search tool,” said PCGS Set Registry Director BJ Searls, “because it not only allows Set Registry users to easily find coins directly from the ‘My Set’ page, but it also provides a number of ways to filter results.”

Search results returned by the PCGS Shop Button can be narrowed by any of these parameters:

  • Search all listings, auction only, or “buy it now” only
  • Filter by a particular seller
  • Search by a minimum and maximum grade
  • Search by a minimum and maximum price
  • Search by all strikes, mint state (MS) only, proof (PR) only or Specimen (SP) only

An additional time-saving feature of the PCGS Shop Button is the ability to add coins to a ‘Watch List’ in order to quickly access saved results over multiple sessions.

The PCGS Shop Button is a free service available to all members of the PCGS Set Registry, the hobby’s first online tool for organizing and analyzing your PCGS coin collection.  To start your free Set Registry account, and access the Shop Button, visit www.PCGS.com/SetRegistry.

The PCGS Set Registry was established in 2001 and now hosts over 72,000 sets.  For additional information about Professional Coin Grading Service, visit http://www.PCGS.com or call PCGS Customer Service at (800) 447-8848.

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Richard Peterson Deputy Director of the US Mint Announces the New US Mint E-commerce Shopping Website

October 1, 2014 in Coins, Coins for sale, Collecting, E-commerce, News, Numismatica, Numismatics, US Government, US Mint, USA Coins

United States Of America Mint Logo

United States Of America Mint Logo

 The New US Mint Modern E-commerce Shopping Site address is: catalog.usmint.gov

 Here’s the announcement’s video

 

 

 

By: USMINT

Here’s another video with a preview of the new system which went live today Oct, 1st, 2014

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New Book Offers Advice for Online Coin Auctions

July 18, 2014 in Auctions, Books, Coins, E-commerce, Ebay, Education, News, Numismatica, Numismatics

July 18, 2014. By Coin Update (http://news.coinupdate.com/)

Numismatic writer Michael Bugeja has assembled a new, updated work–Online Coin Auctioneering–intended for estate auctioneers considering or already selling on a portal such as AuctionZip, iCollector or Proxibid. The advice in this new work also pertains to eBay and coin dealer auctions.

Bugeja writes that all online coin auctions, from the largest to the littlest, have these things in common:

Full article at the source>

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Amazon Launches Collectible Coins Store

May 28, 2014 in Coin Dealers, Coins, Coins for sale, Collecting, E-commerce, Gold, Gold Coins, News, Numismatica, Numismatics, Press Releases, Rare Coins, Silver, Silver Coins, USA Coins, World Coins

Customers can now shop on Amazon for collectible U.S. coins from industry leading dealers including Stack’s Bowers Galleries, Kagin’s, David Lawrence Rare Coins and Liberty Coin
Historical collections available including buried treasure coins recovered in the Saddle Ridge Hoard

 

Amazon.com (R) Logo

Amazon.com (R) Logo

SEATTLE–(BUSINESS WIRE)–Amazon (NASDAQ: AMZN) announced today the launch of the Collectible Coins store (www.amazon.com/collectiblecoins), a marketplace that gives customers direct access to more than 10,000 unique U.S. coins from over 75 industry-leading dealers showcasing a wide variety of professionally graded and authenticated coins. The new store is one of the largest online destinations to discover and purchase graded U.S. coins, featuring easy-to-use search tools. Customers can explore a vast range of collectible, rare and historical coins from highly regarded dealers, including Stack’s Bowers Galleries, Kagin’s, David Lawrence Rare Coins and Liberty Coin.

“Collectors of rare coins are passionate about the hobby because coins represent the intersection of history, collectibility and wealth,” said Steve Johnson, director for the Amazon Marketplace. “Coins have been one of the most searched for items in our collectibles stores. The introduction of the Collectible Coins store was inspired by customer demand and the need to provide a unique experience for customers to discover graded and rare U.S. coins from reputable dealers. We’re thrilled to bring the excitement and discovery of coin collecting to Amazon.”

“Amazon can offer millions of new individuals access to the wonderful world of numismatics. With direct access to the Saddle Ridge Hoard Treasure, the largest buried treasure find in U.S. history, Amazon customers can appreciate why this collectible field is called the Hobby of Kings”

 

“Collecting rare coins is a unique opportunity to hold history in your hand, along with the knowledge that you own a lasting symbol that has inherent value and importance,” said Brian Kendrella, president for Stack’s Bowers Galleries, headquartered in Irvine, Calif. and with operations in New York City, Hong Kong and Paris. “We are excited about the opportunity to showcase our unique numismatic products to Amazon’s customers and reach a broad customer base that may be new to the joys of coin collecting.”

Customers seeking access to collectible and rare coins can now explore a wide variety of historical and back catalog coins on Amazon. The Collectible Coins store opens the world of coin collecting and allows every customer the chance to enjoy a hobby that has been around since the time of Julius Caesar. Customers can browse historic collections, including buried treasure coins from the Saddle Ridge Hoard recently discovered in California that received national notoriety including the 1866 $20 Liberty Head, No Motto for $1.2 million. The store also features hard-to-find and precious metal coins including Gold Buffalo, Morgan Silver dollars, American Silver Eagles and American Gold Eagles.

The Collectible Coins store allows every customer the chance to enjoy the experience of discovery. From rare coins to popular modern coins, the new store features a broad selection to suit any customer, from the experienced collector to a first-time buyer. Considered by many coin collectors and the Smithsonian as one of the most beautiful coins in the world, the 1907 $20 MCMVII Proof Ultra High Relief is available for $3.75 million. Customers can also browse the 1955 Lincoln Wheat Cent Double Die Obverse starting at $1,800, the 1889 CC Morgan Dollar for $8,560, the 1799 Bust Dollar for $5,170 and even the 1856 Flying Eagle Cent for $20,000. Enthusiasts and modern collectors will find back catalog coins and U.S. Mint sets starting from 1955 and the 2014 U.S. National Baseball Hall of Fame Commemorative set.

“Amazon can offer millions of new individuals access to the wonderful world of numismatics. With direct access to the Saddle Ridge Hoard Treasure, the largest buried treasure find in U.S. history, Amazon customers can appreciate why this collectible field is called the Hobby of Kings,” said Don Kagin, Ph.D, owner of Kagin’s Inc., based in the San Francisco area. “Coins are historical artifacts that tell us more about a culture or civilization than anything else. They represent history in your hands. Amazon has made a commitment to provide the necessary resources to make their store a vital and first class experience for the collecting public and coin dealers. It offers an alternative to other numismatic platforms that just do not reach as many individuals.”

“Liberty Coin offers one the widest selection of collectible coins found anywhere, including all of the U.S. Mint’s products produced since the 1950’s. After 48 years of building a successful rare coin business we now have the ability to reach a much larger audience,” said Jim Foster, CEO for Liberty Coin, headquartered in Los Angeles. “The opportunity to sell on Amazon is incredible. The Amazon customer experience is the best in the world and offers shoppers more product choices than anywhere online. The innovative marketplace with great features provides us with access to an enormous base of potential new customers searching for our coins.”

Dealers interested in selling in the Amazon Collectible Coins store can visit www.amazon.com/sellyourcoins.

About Amazon.com

Amazon opened on the World Wide Web in July 1995. The company is guided by three principles: customer obsession rather than competitor focus, passion for invention, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire, and Fire TV are some of the products and services pioneered by Amazon.

 

Contacts

Amazon.com, Inc.
Media Hotline, 206-266-7180
http://www.amazon.com/pr

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Bitcoin Set to Overtake eBay’s PayPal in Transaction Volumes

May 26, 2014 in Bitcoin, Currency, Digital Currency, E-commerce, Ebay, Investing, News, Virtual currency

By: Jerin Mathew. May 24th, 2014 (http://www.ibtimes.co.uk/) (international Business Times)

Bitcoin

Bitcoin

Popular digital currency bitcoin is expected to overtake e-commerce giant eBay’s payment processor PayPal in terms of US dollar transactions in the near future.

California-based hedge fund Laureate Trust says that bitcoin is fast establishing itself as the currency to use globally and instantly to make purchases or payments over the internet recording nearly $300m (£178m, €220m) daily in transactions.

“Whenever you have an instrument that trades over 300 million US dollars a day, it must be recognized,” Peter Tasca, CEO of Laureate Trust, said in a statement.

“The digital currency works, Bitcoin has greater volume transactions than Western Union and we anticipate it will overtake PayPal later this year.”

PayPal processes payments totalling $315.3m every day, according to Statistic Brain.

“In the next one or two years, Bitcoin can surpass the dollar transaction volumes of other established payment companies including Discover, and even American Express, MasterCard, and Visa,” said SmartMetric CEO Chaya Hendrick.

Bitcoin was launched in 2008 and is traded within a global network of computers. They can be transferred without going through banks or clearing houses, reducing fees involved in the services significantly.

Full article at the source>

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PFSweb Wins The U.S. Mint

October 24, 2013 in Coins, Collecting, E-commerce, News, Software, US Mint, USA Coins

From Texas Tech Pulse  Oct, 23, 2013 (http://www.texastechpulse.com)

Allen, Texas-based e-commerce software and services firm PFSweb reports this morning that it has signed up the United States Mint as a customer, and will develop and deploy and e-commerce software for the mint’s products for coin collectors. Financial details of the deal were not disclosed.

Full article at source>

Link to Full Press Release from PFSweb >

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