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Buyer of 1804 dollar the next numismatic giant

Can a collector in the 21st century assemble a set of every coin ever struck by the U.S. Mint? Up to now, only Baltimore banker Louis Eliasberg managed to achieve this feat. He did it in the mid-20th century when … Continue reading

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Survey shows way in battle against fakes

How big a threat are counterfeits in the coin market today? Everybody has their own story. Most agree it is a growing threat. But we don’t know for sure. That is why the Anti-Counterfeiting Task Force of the Industry Council … Continue reading

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Sound finance or silly advice?

If you see me on a street corner begging for quarters when I am 110 years old, know that it is my own fault. Financial planners are apparently now suggesting that we Americans begin to plan retirement based on such … Continue reading

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ICTA warns hobby about court sales tax decision

The Industry Council for Tangible Assets warns active hobbyists that the June 21 Supreme Court sales tax decision will have effects more far reaching than simply applying state taxes to Internet sales of coins and bullion. The 5-4 ruling by … Continue reading

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Foolish or not foolish, that is the bullion question

Gold and silver are sagging this morning. When I checked the Kitco website, gold was at a six-month low of $1,256.30 an ounce, while silver was $16.16 an ounce. Both metals are down for the year. This is only June. … Continue reading

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Perfect time to brag about it

What’s worth more to you, bragging rights or 10 bucks? That’s essentially what an email that I received boils down to. A Texas collector wrote me this: “I received my auto-ship of two 3-coin sets. However, one of the sets … Continue reading

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Rarity is a slippery concept

What is rare? Most of us reflexively think in terms of low mintages. But of course, what is considered to be low might be elastic. Collectors know there were just five 1913 Liberty Head nickels. They know there are just … Continue reading

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Many of us follow 50-year rule

While I wrote my blog yesterday, it occurred to me that most coin collectors unconsciously follow a 50-year rule. What can that possibly be? Well, it refers to the part of the many U.S. coin series that interests a majority … Continue reading

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It’s always summer for me with coins

For me, summer and numismatics are forever intertwined in my mind. Just as it is “Always Sunny in Philadelphia,” it is always summer in my attitude to coin collecting. While many collectors put coins aside for the season, I have … Continue reading

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More than a $10,000 decision

I began coin collecting when I was a kid. What if on that fateful day my mother had been told that what I was undertaking would cost $10,000? She probably would have hustled me out of the hobby shop right … Continue reading

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