Category Archives: Buying Coins

Jeff Garrett: Coins and Credit

Be wary of using credit in numismatic purchases   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Last week, Heritage Auctions offered the Maurice Storck Collection that contained several interesting coins bought in person at the 1954 King Farouk Palace Sale. These coins had been off the market for decades and performed extremely well. […]

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Selling Coins Trickier than Buying

By Bruce Frohman
Many coin collectors buy coins for years from dealers and fellow collectors before they sell a single coin. How many times have you met a collector who proudly proclaims, “I never sell anything”?
In the acquisition phase of collecting, many collectors give no thought to future resale by themselves or their heirs.  They whimsically accumulate an incredible array of material of various quality and value

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Community Voice Response: May 22, 2020

From the May 22, 2020, Numismatic News E-NewsLetter
With the cancellation of coin shows, has your online buying and selling activity increased? Why or why not?
Here are some answers sent in from our E-Newsletter readers.
 
Yes, my online buying has increased substantially, especially since March of this year. I typically buy American Silver Eagles each month, but they have become very scarce and at such a high premium, that I have moved onto other sources (online)

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On eBay Right Now: Mint State 1927-S Walking Liberty Half Dollars

By Charles Morgan for CoinWeek ….. Building a great collection starts with purpose but can only truly be realized with years of patience and informed pursuit of the best material available within one’s budget. Great collections can be built with top-pop condition rarities or carefully curated coins at any tier of the grading spectrum. Simply […]

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Jeff Garrett: Who Are the Best Sources of Rare Coins and Information About Them?

Dealers’ operations have gotten bigger and are moving online, but personal connections remain important   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Other than plucking them from circulation, anyone who collects coins buys them from someone. For those unfamiliar with the hobby, the mention of a coin dealer probably brings to mind a […]

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Five Things To Know Before Buying a Coin

By Ron Drzewucki – Modern Coin Wholesale ….. Ideally, a collector walks into a deal knowing everything there is to know about buying a coin. This includes the typical “Red Book” kind of knowledge like dates, mintages, mint marks and value, etc., along with things like certified populations and how the market’s behaving. If we’re […]

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How to Buy Rare Coins on eBay Auctions

by Ross W. Bailey, From The E-Gobrecht The Electronic Newsletter of the LIBERTY SEATED COLLECTORS CLUB This article distills the lessons gleaned from my ten years of experience as an active buyer and collector of rare coins on eBay auctions. Over that period of time, I’ve made many mistakes, and you, the reader, will benefit […]

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Whitman Releases New Q. David Bowers Book on Secrets of Smart Coin-Buying

Whitman Publishing announces the release of the newest book by Q. David Bowers. Inside the Rare Coin Marketplace: Secrets to Being a Smart Buyer debuted October 1, 2017. The 320-page full-color volume is available online (including at the website of Whitman Publishing) and in bookstores and hobby shops nationwide for $14.95. Inside the Rare Coin […]

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Eye Appeal of Coins in the Age of the Internet

By Doug Winter – RareGoldCoins.com ……. I’ve recently read articles on other websites about how the coin market has changed in the last few decades. Surprisingly, too few of these articles mentioned the internet coin market; the single biggest game-changer of the past decade, certainly, and along with third-party grading probably the most important development […]

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The Concept of “Freshness” in Numismatics

By Doug Winter – RareGoldcoins.com CoinWeek Content Partner …… There is almost no term in the rare coin market which is more misused than “fresh”. I am certainly guilty of overusing this word, and if you look at the coin descriptions I write on my website, I use the word “fresh” more often than I […]

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Five Things To Know Before Buying a Coin

  By Ron Drzewucki – www.moderncoinwholesale.com …….. Originally posted on Ron’s blog at www.moderncoinwholesale.com on 5/1/2015. Ideally, a collector walks into a deal knowing everything there is to know about the coins that they’re buying. This includes the typical “Red Book” kind of knowledge like dates, mintages, mint marks and value, etc., along with things […]

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Technology and Numismatics

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. Advances in technology have greatly enhanced the coin hobby. The rare coin business has grown tremendously in the last 10-15 years. One of the primary drivers of this growth has been advances in technology that have greatly benefited our hobby. These advances […]

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Fundamentals of Coin Collecting and Coin Investing

By Peter Mosiondz, Jr. Fundamentals of Coin Collecting In my opinion coin and stamp collecting are the greatest hobbies ever conceived. Those of us involved in numismatics, or the study of coins and money already know that we have a wonderful pastime to relieve the stress and pressures of every day life. Coinage mirrors the […]

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