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Quarter catches my eye

I made a small purchase at a newsstand on Saturday as I transited through the Miami airport. The clerk handed me my change. There were three quarters in it. One of them showed the characteristic wide rims of the current … Continue reading

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If others want it, so do I

Right on cue, as soon as I write about the sense of exclusivity that helps sell products this week, I get a call from an old-timer collector that helps me make my point. I am guessing he is an old-timer … Continue reading

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Pick a set, any set

There are a number of collectors who are enjoying the pastime of collecting coins in the worst grade possible, a Poor-1. These coins are so worn that they can barely be identified. They are the worst of the worst. I … Continue reading

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Sell tickets as souvenirs

In the Sept. 2 issue of Numismatic News I could not resist putting a photograph of Adam Stump of the U.S. Mint holding one of the coveted 500 tickets handed out in Chicago on the first day of availability of … Continue reading

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Change ANA membership approach

Yesterday I wrote about the appeal of luxury as can apply to coins. Today, I should point out that some sense of exclusivity is a good thing. In this case, I am thinking about it in relation to members of … Continue reading

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Numismatic luxury costly

Luxury brand owners know that much of their appeal comes from their perceived high prices and the sense of exclusivity those who can pay these prices feel when they do so. Most collectors do not spend $1,240 in a year … Continue reading

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Avoid gold distraction

In our natural state we coin collectors are internally driven. We want coins. We find them. We buy them. What could be simpler? Nothing really, but in times of economic upset we tend to over think things and look around … Continue reading

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Classic and modern coins battle it out

Stack’s Bowers reports that the Garrett Class III 1804 silver dollar sold for $1.88 million at its Rarities Night auction event at the American Numismatic Association World’s Fair of Money in Chicago. Dave Bowers is quoted as saying, “This is … Continue reading

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Good gold idea can be made better

While we are all still digesting the problems with the U.S. Mint’s offer of 1964-2014 proof gold Kennedy half dollar at the American Numismatic Association World Money Fair held last week in Rosemont, Ill., I would like to point out … Continue reading

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Hiring gold buyers nothing new

There was much tut, tut, tutting at the American Numismatic Association convention last week about dealers hiring people to stand in line to buy the proof gold Kennedy half dollars at the Mint booth. Some people wondered how they could … Continue reading

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