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Rare coins ready to be collected

January 7, 2014 in Coins, Collecting, Gold, Gold Coins, News, Numismatica, Numismatics, Silver, Silver Coins, World Coins

By: Peter Williams The West Australian (http://au.news.yahoo.com/thewest)

Investors caught up in the collapse of The Rare Coin Company will start collecting their valuables from an Albany vault next week.

Vintage coins and banknotes valued at more than $200 million bought by retirees and other collectors have been held at the former headquarters of the dealership since it went into voluntary liquidation in July.

Receivers and managers PPB Advisory told investors whose ownership of the collectables has been confirmed by the Supreme Court they could make appointments to pick them up between January 14 and 31.

PPB Advisory said investors would need to pay outstanding storage and insurance fees before receiving their goods.

There are about 1700 people affected by the liquidation, many of whom sank hundreds of thousands of dollars of superannuation funds into coins and banknotes.

Full Article at the source>

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