You are browsing the archive for Jeff Garrett.

by admin

1783-Dated Coin Identified as First Struck by the U.S. Government to Make First Public West Coast Appearance

September 1, 2017 in Antique Coins, Coin Shows, Coins, Collecting, Education, History, Numismatica, Numismatics, Opinion, Press Releases, Rare Coins, US Government, USA Coins

For immediate release
August 31, 2017

News media contact:
David McCarthy
Office: 415-435-2601
Mobile: 415-847-6305

1783-Dated Coin Identified as First Struck by the U.S. Government to Make First Public West Coast Appearance

 

The Plain Obverse Nova Constellatio Quint will make its first public West Coast appearance during the Long Beach Expo.

The Plain Obverse Nova Constellatio Quint will make its first public West Coast appearance during the Long Beach Expo.

(Long Beach, California) August 31, 2017 – After its showcase in August’s World’s Fair of Money, a coin that experts are hailing as the very first coin made by the United States will be displayed during the 2017 Long Beach Expo (www.LongBeachExpo.com)in Long Beach, CA, September 7- 9.

This marks the first public West Coast appearance for the coin, which is now insured for $5 million.

According to researcher David McCarthy of Kagin’s, Inc., there is overwhelming evidence that this is the very first coin ever officially struck by authority of the United States government, a finding hailed by renowned coin expert and author Jeff Garrett as “one of the most exciting developments in modern numismatics.”

The coin is known as the “Plain Obverse Nova Constellatio Quint.” It was once in the hands of one of the USA’s Founding Fathers, Alexander Hamilton, and it is the historic ancestor of the dollar as well as every coin in the Western world using a decimal monetary system, according to McCarthy.

“Although the coin was discovered in 1870, it was misattributed. We now have compelling evidence that it is, ‘the first that has been struck as an American coin,’ as described in the April 2, 1783 diary entry of Founding Father Robert Morris, the government’s first Superintendent of Finance and a signer of the Declaration of Independence,” stated McCarthy.

“The Quint and a subsequent set of coins were created in Philadelphia in April of 1783 under authority of the Treasury some nine years before the next coins would be struck by the U.S. government.  It would have been valued at 500-units in a proposed system that would range from 5 to 1,000 units,” McCarthy explained.

During the 18th Century, several states and private individuals manufactured coins, but this is the first coin that was struck and paid for by the U.S. government, according to McCarthy’s research, which more than a dozen other early American coin experts support.

Following the Civil War, the coin surfaced in New York City, and passed through the hands of some of the 19th Century’s greatest collectors before entering the possession of Johns Hopkins University, where it resided until 1979.

Kagin’s acquired the coin at an auction in 2013.  McCarthy began researching it through the Journals of Continental Congress, the writings of Founding Fathers Robert Morris and Thomas Jefferson, and forensic evidence found on the coins themselves, identifying it as the coin referred to by Morris, the Nation’s first Superintendent of Finance as, “the first that has been struck as an American coin.”

The coin can been seen during the Long Beach Coin, Currency, Stamp and Sports Collectible Expo, Thursday, September 7, through Saturday, September 9. For complete show hours, visit www.LongBeachExpo.com.  

Admission is $8 for adults, $4 for seniors and children aged 8 to 16; however, free admission coupons are available in advance with promo code: EXPOPR on www.LongBeachExpo.com.  

        For additional information, including the schedule of events and a list of attending dealers, visit online at www.LongBeachExpo.com, call the Long Beach Expo at 888-743-9316 or email at LBExpo@collectors.com.

###

Share Button

by admin

Mike Fuljenz Honored At 2017 World’s Fair of Money

August 8, 2017 in ANA (American Numismatic Association), Awards, Coin Shows, Coins, Collecting, Education, Events, History, Investing, News, Numismatic Literary Guild, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild, Precious Metals, Press Releases, Prize Winners

News media contact:
Paul Stein, 409-860-9077

Mike Fuljenz Honored At 2017 World’s Fair of Money

Mike Fuljenz with his ICTA medal

Mike Fuljenz with his ICTA medal

(Denver, Colorado) August 7, 2017 – Rare coin and precious metals expert Michael Fuljenz, President of Universal Coin & Bullion of Beaumont, Texas (www.UniversalCoin.com), received an important national award at the recent American Numismatic Association 2017 Denver World’s Fair of Money® for his decades of anti-counterfeiting efforts.  

The Industry Council for Tangible Assets (www.ICTAonline.org) presented him with the Al Kreuzer Memorial Award medal for “outstanding contributions in the efforts to combat counterfeit coins and currency.”

Fuljenz is a long-time member of the ICTA Board of Directors and a member of their recently-formed Anti-Counterfeiting Task Force.  Since the 1980’s he has taught many counterfeit detection and rare coin authentication seminars for collectors, dealers and law enforcement officers.

“I am proud and honored to receive this award, and look forward to additional work with ICTA and other organizations to combat counterfeits and educate the public about the needs to buy and sell rare coins and precious metal bullion coins only with reputable, knowledgeable dealers, such as members of the Professional Numismatists Guild (PNG),” said Fuljenz.

Fuljenz is a member of the PNG’s Accredited Precious Metals Dealer program that requires all members to adhere to a strict code of ethics in the buying and selling of gold, silver and other bullion products. He now has won major awards from the four top organizations in the rare coin hobby and profession: the American Numismatic Association (ANA), Numismatic Literary Guild (NLG), Professional Numismatists Guild (PNG) and the Industry Council for Tangible Assets.

2017 NLG Ribbit Award winner David Hall with 2016 winner Mike Fuljenz, are distributed on behalf of Mike Fuljenz and Universal Coin & Bullion.

2017 NLG Ribbit Award winner David Hall with 2016 winner Mike Fuljenz, are distributed on behalf of Mike Fuljenz and Universal Coin & Bullion.

A strong consumer advocate, he received the prestigious PNG Sol Kaplan Award in 2016 in part for assisting an 84-year man recover the $84,000 he had paid to two unscrupulous dealers who sold him counterfeit American Eagle gold coins. Earlier, Fuljenz assisted a group of New Orleans physicians recover $750,000 after they unsuspectingly purchased counterfeit coins from a local attorney.

Summing up the rare coin marketplace during the ANA show in Denver, August 1 – 5, he commented:

“Really nice coins and important coins were in short supply, and highly desired by leading dealers and collectors at the show. These types of coins often brought impressive prices at auctions this week.   The United States Mint had long lines of customers wanting to buy their new products. The U.S. Treasury Department exhibits by the United States Mint and the Bureau of Engraving and Printing are always popular and educational.”

In addition to receiving an award at the World’s Fair of Money, Fuljenz presented two of them. As 2016 recipient of “The Ribbit,” an important honor presented annually by the NLG for outstanding service to the hobby, he presented the 2017 award to David Hall, co-founder of Professional Coin Grading Service.  “David is one of the top professional leaders of the hobby who certainly deserves recognition for all he has done to promote numismatic education,” explained Fuljenz.

As sponsor of the ANA’s top honor, the Farran Zerbe Memorial Award, Fuljenz co-presented it with ANA President Jeff Garrett to Brian Fanton of Iowa. “Brian surprised me at the ceremony by telling me he recalled how much he enjoyed taking one of my ANA coin grading seminars back in the 1980’s,” said Fuljenz.

Known as America’s Gold Expert®, Universal Coin & Bullion President Michael Fuljenz has won more than 60 prestigious national and regional awards and honors for his consumer education and protection work in rare coins and precious metals. His weekly Metals Market Report is available free at www.UniversalCoin.com.

Share Button

by admin

Kagin’s Researcher Pinpoints  1783 Plain Nova Constellatio Quint as First Official USA Coin Struck Historic Coin Will Be Exhibited at ANA Denver World’s Fair of Money, Aug. 1 – 5

August 1, 2017 in ANA (American Numismatic Association), Antique Coins, Art, Coins, Collecting, Education, Entertainment, Events, History, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Rare Coins, Reference, US Government, USA Coins

News media contacts:
David McCarthy

Office: 415-435-2601  Email: David@kagins.com
Donald H. Kagin, Ph.D.

Office: 415-435-2601  Email:Don@kagins.com

Kagin’s Researcher Pinpoints  1783 Plain Nova Constellatio Quint as First Official USA Coin Struck

Historic Coin Will Be Exhibited at ANA Denver World’s Fair of Money, Aug. 1 – 5

Authorized by Congress, the unique 1783 plain obverse Nova Constellatio “Quint” silver coin had a value of 500 units in a proposed but later abandoned early American decimal monetary system that would have ranged from 5 to 1,000 units. Photo credit: Image courtesy of PCGS.com

Authorized by Congress, the unique 1783 plain obverse Nova Constellatio “Quint” silver coin had a value of 500 units in a proposed but later abandoned early American decimal monetary system that would have ranged from 5 to 1,000 units.
Photo credit: Image courtesy of PCGS.com

(Tiburon, California) August 1, 2017 – David McCarthy, senior numismatist at Kagin’s, Inc. of Tiburon, California (www.Kagins.com), has pinpointed the 1783 plain obverse Nova Constellatio Quint pattern (Breen-1102, W-1830) as the first coin officially struck by authority of the United States government, a finding hailed by another U.S. rare coin expert as “one of the most exciting developments in modern numismatics.”

Results of McCarthy’s research on the unique, early American experimental silver coin, that once was in the hands of one of the USA’s Founding Fathers, Alexander Hamilton, are in the August 2017 edition of “The Numismatist,” the official journal of the American Numismatic Association (www.money.org).

Now insured for $5 million, the historic ancestor of the dollar as well as every coin in the western world using a decimal monetary system, will be publicly displayed at the Kagin’s booth, #700, during the ANA 2017 World’s Fair of Money (www.WorldsFairofMoney.com) in Denver, Colorado, August 1- 5.

“It’s a national treasure that was hiding in plain sight until all the pieces of the puzzle recently came together,” said Donald H. Kagin, Ph.D., President of Kagin’s.

“Although the coin was discovered in 1870, it was misattributed. We now have compelling evidence that it is, ‘the first that has been struck as an American coin,’ as described in the April 2, 1783 diary entry of Robert Morris, a signer of the Declaration of Independence and the U.S. government’s first Superintendent of Finance,” explained McCarthy.

“The Quint and a subsequent set of coins were created in Philadelphia in April of 1783 under authority of the Treasury some nine years before the next coins would be struck by the U.S. government.  It would have been valued at 500-units in a proposed system that would range from 5 to 1,000 units,” McCarthy said.

“This was the first use of the vital and enduring decimal system to be established in the western world,” stated Kagin.

During the 1770s and 1780s several states and private individuals manufactured coins, but this is the first coin that was struck and paid for by the U.S. government, according to McCarthy’s research, which a dozen other early American coin experts agreed with before he submitted it for publication.

After examining McCarthy’s research, early American coins researcher and writer John Dannreuther of Memphis, Tennessee, the American Numismatic Association’s 2007 Numismatist of the Year, summed up the findings:

“There is a first United States coin, as we have written evidence (in the April 2, 1783 diary entry of Robert Morris, U.S. Superintendent of Finance) that one was delivered:

‘I sent for (metallurgist) Mr. (Benjamin) Dudley who delivered me a Piece of Silver Coin being the first that has been struck as an American Coin.’

“The only coin that logically could be this coin is the Plain Obverse Quint.

“There are numerous things that bring us to this conclusion, the first being that “Nova Constellatio” is not found on the Plain Legend Quint. One does not remove legends, they are added,” explained Dannreuther.

“Secondly, the number of dies noted in the literature can be made to match only by having one die ground down and reengraved. After overlaying the two Quint types, it became obvious that the Plain Obverse die’s eye matched the with Legend eye. Since this is the highest point of the coin, it is the lowest part of the die, as well as the center, it would be logical to leave a small amount of this area as a starting point for the new die. The rest of the die’s detail was removed by the grinding process, of course.”

“Thirdly, the two Quint dies obviously were engraved by two different hands. Since, we know that the with Legend coins match the other denominations in style, as well as having the “Nova Constellatio” legend, the Plain Obverse has to be the first one – thus, it is the first United States coin,” stated Dannreuther.

American Numismatic Association President Jeff Garrett of Lexington, Kentucky also examined McCarthy’s study prior to publication and stated: “David McCarthy’s research makes a compelling case for the 1783 Nova Constellatio Quint being the ‘First American Coin.’  As such, the historical importance of his research, and the coin, is one of the most exciting developments in modern numismatics!”

Only two examples of the 500-unit coin are known, and each is distinctively different on the front. One has the words, NOVA CONSTELLATIO, Latin for “a new constellation,” while the other example does not have any words. The research demonstrates the coin without the words on the obverse was struck first.

After surfacing in New York City nearly 150 years ago, the coin was carefully preserved in several major collections including Lorin G. Parmelee, S.H. and H. Chapman and Wayte Raymond before becoming part of the Garrett Collection and into the possession of Johns Hopkins University where it resided for much of the 20th century.  Only now, though, has numismatic research brought together evidence that it was the first federal coin made by authority of the U.S. government.

Kagin’s acquired the coin at an auction in 2013 where it was graded PCGS AU53 Secure.  McCarthy began researching it through the writings of Morris and Thomas Jefferson, Continental Congress documents, and forensic evidence found on the coins themselves, and he consulted with other noted experts in early American numismatics.

“While the 1783 Plain Obverse Nova Constellatio Quint is among the most historically significant of all United States coins, it is also one of the most important artifacts in the world,” stated Kagin.  “Nothing defines a nation and its society more than its coinage. Just like great documents such as The Magna Carta or The Declaration of Independence established fundamental principles and tenets for western society, so does coinage reflect a nation’s most important ideals, becoming a primary source of communication for a nation’s beliefs.”  

“By examining the first coin of the United States and the new decimal monetary system that it ushered in, we gain significant insights to the thinking of America’s Founding Fathers concerning what kind of nation they wished to establish,” he continued.

Kagin said the coin’s inscriptions and symbols contain the most important aspects of our fledging nation:

On the Obverse the central devices are:

  • The Eye of Providence—symbolizing the creator’s approval of our nation.
  • A circle of 13 stars –a theme which has endured for 240 years—as an obvious reference to the new constellation formed by the original 13 colonies.

The Reverse central inscription includes:

  • “U.S.” as it proclaims the name of our country for all the world to acknowledge.

This is followed by the denomination—in this case, 500 units or a Quint.  Along with the date, two of the most fundamental and defining issues for Americans then and today are prominently inscribed in Latin so all nations could understand: LIBERTAS (Liberty) and JUSTITIA (Justice).

“This coin, struck in the precious metal silver, was also the very first artifact to present our nation’s new decimal system—in fact, the first use of such a vital and enduring system to be established in the western world,” concluded Kagin.

Kagin and McCarthy made international headlines in 2014 when they assisted an anonymous California couple who discovered the “Saddle Ridge Hoard,” nearly $10 million of 19th century U.S. gold coins buried in rusting tin cans.

Share Button

by admin

Free Book, 100 Greatest U.S. Coins, With New Or Renewed ANA Membership Via Rare Coin Wholesalers

November 1, 2016 in ANA (American Numismatic Association), Antique Coins, Books, Coins, Collecting, Education, Gold, Gold Coins, History, News, Numismatica, Numismatics, Offers, Opinion, Press Releases, Rare Coins, USA Coins

For immediate release
November 1, 2016

News media contact:
Michael Contursi, (949) 679-1222

Free Book, 100 Greatest U.S. Coins, With New Or
Renewed ANA Membership Via Rare Coin Wholesalers

 

100 Greatest U.S. Coins, 4th Edition

100 Greatest U.S. Coins, 4th Edition

(Irvine, California) – A free copy of the latest edition of the award-winning book, 100 Greatest U.S. Coins, will be sent to anyone who submits an American Numismatic Association (ANA) new member or membership renewal through Rare Coin Wholesalers (RCW) before the end of the year.  The promotion is a joint project between RCW and the ANA, the world’s largest organization devoted to collectors of coins, paper money, tokens and medals.

“For each new or renewal ANA application we process now through December 31, 2016, we’ll send the applicant a complimentary copy of the just-published 100 Greatest U.S. Coins, 4th Edition by Jeff Garrett with Ron Guth,” said Michael Contursi, President of Rare Coin Wholesalers (www.RCW1.com) in Irvine, California.

“It’s an impressive, ‘coffee table’ reference book with superb, full-color photographs of 100 of America’s greatest numismatic treasures.  This book is an informative update to the earlier editions that were named Best Book by the Numismatic Literary Guild, and usually sells for about $30,” explained Contursi.

New member ANA applications and renewals can be conveniently submitted online at www.rarecoinwholesalers.com/ana-membership,

“Why is RCW doing this? First, we strongly support the educational mission of the ANA, the ANA’s promotion of coin collecting and the many benefits ANA members enjoy. The author of this excellent, Whitman Publishing book, Jeff Garrett, is the current ANA President and, we support his efforts to grow the association,” explained Contursi.  

“Second, many of the coins depicted and discussed in the book are coins RCW has owned and exhibited at the ANA Money Museum, such as the finest known 1794 silver dollar – the world’s most valuable rare coin and believed by many experts to be the very first silver dollar ever made by the United States Mint — or we assisted collectors in acquiring the kinds of coins featured in the book for their own collections,” said Contursi.

“Finally, our family has grown our business to the next generation, similar to many of our collector/investor clients and colleagues, and we strongly encourage educating and advising the future stewards of numismatics for many generations,” stated Contursi.

“It is my goal to increase membership of the American Numismatic Association by at least 5,000 members in the next few years.   I applaud the team at Rare Coin Wholesalers for being strong partners with the ANA over the years and their continuing support of the association’s education mission,” stated ANA President Garrett.  

By participating in this promotion, applicant’s information will be provided to RCW for fulfillment.  In addition to receiving the free book, everyone applying to join the ANA or renew through this promotion will receive additional information from RCW including useful personal finance commentaries prepared exclusively for RCW by noted economist, Scott Sumner, Ph.D.  The Atlantic magazine described Dr. Sumner as “the blogger who saved the economy.”  He is Director of the Program on Monetary Policy at the Mercatus Center at George Mason University in Arlington, Virginia and is Professor Emeritus of Economics at Bentley University in Waltham, Massachusetts

For additional information, contact Rare Coin Wholesalers toll free at (800) 347-3250 or online at www.rarecoinwholesalers.com/ana-membership.

###

Share Button

by admin

Professional Numismatists Guild Presents Lifetime Achievement Award to Jeff Garrett

August 11, 2015 in Awards, Clubs and Associations, Collecting, Conventions, Events, History, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild

For immediate release
August 10, 2015

 

News media contact:
Robert Brueggeman (951) 587-8300

 

Professional Numismatists Guild Presents
Lifetime Achievement Award to Jeff Garrett

 

New PNG President Dana Samuelson (left) and new PNG Vice President Barry Stuppler (right) presented the PNG’s 2015 Lifetime Achievement Award, to Jeff Garrett (center).  (Photo by Donn Pearlman.)

New PNG President Dana Samuelson (left) and new PNG Vice President Barry Stuppler (right) presented the PNG’s 2015 Lifetime Achievement Award, to Jeff Garrett (center). (Photo by Donn Pearlman.)

(Rosemont, Illinois) – The Professional Numismatists Guild (www.PNGdealers.org) has presented its 2015 Lifetime Achievement Award to Jeff C. Garrett of Mid-American Rare Coin Galleries in Louisville, Kentucky.  An award-wining numismatic author, Garrett is a former PNG President and is the incoming President of the American Numismatic Association.

“Jeff’s excellent reference books, his dedication to the hobby and profession, and his efforts to help the Smithsonian continue to expand and exhibit the National Numismatic Collection make him the outstanding choice for this year’s award,” said Barry Stuppler, Co-Chair with Dana Samuelson of the PNG Lifetime Achievement Award Committee.

In presenting the award, Samuelson noted that Garrett started working as a coin dealer in his teens and now is in his fifth decade as a professional numismatist.

“He’s a generous individual with his time and expertise, who doesn’t qualify his altruism based on the size of the entity receiving it.  He’s as happy helping his local Lexington, Kentucky coin club as he is assisting either the ANA or the Smithsonian,” Samuelson stated.

           The award was presented at the annual PNG banquet held in the Chicago suburb of Rosemont, Illinois on August 10, 2015, the eve of the ANA World’s Fair of Money (www.worldsfairofmoney.org).

           Here are other award categories and winners announced at the banquet.

he PNG’s highest honor, the 2015 Abe Kosoff Award, was presented to Steve Ivy (center) by PNG Immediate Past President Terry Hanlon (left) and PNG Board Member John Maben (right).  (Photo by Donn Pearlman.)

he PNG’s highest honor, the 2015 Abe Kosoff Award, was presented to Steve Ivy (center) by PNG Immediate Past President Terry Hanlon (left) and PNG Board Member John Maben (right). (Photo by Donn Pearlman.)

Abe Kosoff Founders Award: Presented to Steve Ivy of Dallas, Texas, Co-Chairman and CEO of Heritage Auctions and a former PNG President (2003 – 2005). The award is presented to a PNG member-dealer who has shown steadfast dedication to the entire numismatic community and who has made a significant contribution to the Guild or to the numismatic fraternity in general the past year.  The Kosoff Award is named after PNG’s Founding President who spearheaded the 1953 launch of the organization.

Sol Kaplan Award: Presented to Victor Bozarth of Bozarth Numismatics, Inc. of Brenham, Texas and Sarah Miller of Heritage Auctions, New York City, for their efforts that led to the arrest and subsequent guilty plea of a thief who stole coins at shows in several states.  The Kaplan Award is presented to individuals who have given their time in an attempt to rid the profession of fraud and thievery. The award, jointly presented by the PNG and the Lewis M. Reagan Foundation, is named after a former PNG President who was personally responsible for the apprehension of several people suspected of committing numismatic-related crimes.  

Significant Contribution Award: Given to Julian M. Leidman of Bonanza Coins in Silver Spring, Maryland for his exceptional, beneficial efforts on behalf of the PNG, the profession and the hobby.

Distinguished Service Award: Presented to Jeffrey F. Bernberg of Rare Coin Company of America in Willowbrook, Illinois for his 12 years of service on the PNG Board, including his term as President from 2011 – 2013.

Achievement in Excellence Award: Presented to Robert Korver of Heritage Auctions in Dallas, Texas.  PNG Executive Director Robert Brueggeman announced this special award for Korver’s “countless hours championing the fight against import restrictions.”  Brueggeman added: “The PNG, its members and the numismatic community as a whole are in his debt.”

This year, the PNG did not present either the Robert Friedberg Award for outstanding book or the Art Kagin Ambassador Award.

              The PNG recognized John G. Hanson of Wellesley, Massachusetts for 50 years of PNG membership.

The following dealers were recognized for 25 years of PNG membership: Klaus J. Degler of Denver, Colorado; William Dominick of Tappan, New York; Stephen J. Gehringer of Allentown, Pennsylvania; Salvatore Germano of Hawthorne, New Jersey; Ed Grundy of Pueblo, Colorado; James Halperin of Dallas, Texas; Richard N. Nachbar of Williamsville, New York; Daniel N. Ratner of Rockville, Maryland; and affiliate member Paul R. Whitnah of Arlington, Texas.

The final presentation at the awards ceremony for Lifetime Membership was “one that the PNG does not often make,” explained Brueggeman.  “In fact, we have only ever honored five members with this distinction.”  

He announced that Lifetime Memberships now have been conferred on former PNG President (1985 – 1989) Leon Hendrickson of Winchester, Indiana; John Rowe III of Dallas, Texas; and former PNG President (1989 – 1991) Harvey G. Stack of New York City.

The Professional Numismatists Guild is a nonprofit trade association composed of the country’s top rare coin and paper money dealers who must adhere to a strict Code of Ethics in the buying and selling of numismatic merchandise.  For additional information about the awards for the PNG, contact Robert Brueggeman, PNG Executive Director, 28441 Rancho California Road, Suite 106, Temecula, CA 92590. Phone: (951) 587-8300. Email: info@PNGdealers.org. Online: www.PNGdealers.org.

###

 

Share Button

by admin

Passionate Collecting

June 22, 2015 in Cents, Coins, Collecting, Collector Sets, Education, News, NGC (Numismatic Guaranty Corporation ), Numismatica, Numismatics, PCGS (Professional Coin Grading Service), USA Coins, World Coins

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

1794-silver-dollar

My introduction to numismatics began the “All-American” way in the mid 1970’s. A family friend gave me a Whitman folder for Lincoln Cents 1941 to date. Like millions of other kids before and since, I began to fill the holes in my album. In the 1970’s, finding most of the Lincoln cents for my budding collection was relatively easy. Every Friday after receiving my allowance, I would head to the bank for $5 worth of penny rolls. I repeated this process for months until my collection of 1941 to date Lincoln Cents was complete. Unfortunately, I lived in Florida, and… Full article at the source>

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

Share Button

by admin

Great Stories Make Coins

June 15, 2015 in Antique Coins, Coins, Collecting, Education, Gold, Gold Coins, Gold Eagles, History, News, Numismatica, Numismatics, Opinion, Rare Coins, USA Coins

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

1933-double-eagle

Shortly after finding out that I am a rare coin dealer; new acquaintances will often begin to ask about coin collecting. One of the first questions many people ask – What is the most expensive coin? Most are astounded when told that a 1933 Double Eagle sold at auction for over $7,000,000 several years ago. They usually then ask how can a coin be worth so much. The short answer is “The Story”. It was because of questions like this, that several years ago I authored the very popular 100 Greatest U.S. Coins. The book is now in its fourth… Full article at the source>

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

Share Button

by admin

How To Get Started in Coin Collecting

February 17, 2015 in Coins, Collecting, Collector Sets, Education, News, Numismatica, Numismatics, Pennies, USA Coins

By Jeff Garrett News.CoinUpdate.com (Coin Update News)

Morgan Silver Dollar

I first became interested in coin collecting the old fashioned way in the late 1960’s. A family friend gave me a Whitman album for Lincoln Cents, 1941-to date. For some reason, the challenge of completing this small album became a full time pursuit for a budding, young numismatist. My parents would take me to the bank each week to purchase $5 dollars worth of penny rolls that would be searched and later traded for another batch of penny rolls. After several weeks of meticulous searching, my album neared completion. This is where things get interesting for most collectors. Some become Full article at the source>

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

Share Button
Translate »