North American Certified Trading of Irvine, Calif., a division of Spectrum Numismatics, purchased Ellesmere Numismatics of New Milford, Conn., for an undisclosed sum.
Jim Fehr, president of Ellesmere, was named NACT?s director of sales and marketing. James Rottman, Ellesmere?s senior numismatist, was named to a similar position at NACT. Both will relocate to the NACT office in Southern California.
In the photo, Andrew Glassman (left), president of North American Certified Trading, welcomes Ellesmere Numismatic president Jim Fehr to the NACT team.
?By teaming up with North American Certified Trading, we will be able to bring our valued customers a better variety of certified coins at more competitive prices,? said Fehr. ?Our philosophy for our collectors and investors is to purchase coins certified by PCGS or NGC based on scarcity, quality and popularity.?
Ellesmere Numismatics opened in 1978. Fehr joined the company in 1986 and purchased the company in 1991. The company?s coin market analysis newsletter, The Winning Edge, will be combined with NACT?s Rare Coin Market Report newsletter and will be available online at www.NACTcoin.com, or by mail.
?Jim Fehr has enjoyed an excellent reputation among collectors and dealers for decades. He has written over 150 coin related articles and bought and sold nearly $100 million in rare coins,? said Andrew Glassman, NACT president.
He continued, ?The philosophy of Ellesmere Numismatics has been to provide high quality certified coins to its clients and to educate investors and collectors alike on how to buy and sell certified U.S. coins. Ellesmere has developed a market niche and is well known for its high-quality certified walking Liberty half dollars, Morgan silver dollars, and Saint-Gaudens gold pieces.?
