Category Archives: Jeff Garrett

Things to Remember About Rare Coin Auctions

Coin Auctions by Jeff Garrett from the NGC Weekly Market Report ……   Jeff Garrett shares his knowledge and expertise regarding bidding at rare coin auctions such as the upcoming FUN Heritage Auction. If you’ve never attended a rare coin auction or you need a refresher on how to prepare, read on for his excellent […]

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Jeff Garrett: Fractional Gold Comes to Market

Collecting California fractional gold coins is a fascinating pursuit, as many of the coins are tangible links to one of the most exciting eras of American history   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Next week, Heritage Auctions will be offering the Maurice Storck Collection. Storck was a coin dealer who was […]

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Jeff Garrett: US Gold Coins Coming Home

In the last few years, the amount of US gold coins arriving from overseas sources has risen dramatically   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… US gold coins have been a fascination of mine since the start of my career in the 1970s. Back then, there was a high demand and a […]

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Jeff Garrett: Collecting US Pattern Coinage

Assembling a complete set of US Pattern coins is an impossible task, but there are several collecting strategies that make these fascinating coins more accessible and fun to pursue   US Pattern Coinage by Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Years ago, Charles Anderson, owner of Whitman Publishing, began a collection of US […]

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Jeff Garrett: Consider Collecting Colonial Coins

The possibilities for collecting colonial coinage are as endless as the coins are fascinating   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… A few weeks ago, NGC announced that it had recently certified hundreds of additional colonial coins from the extraordinary collection assembled by Donald G. Partrick. NGC had certified about 350 colonial […]

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Jim Bisognani: How Are New Highs for Gold Affecting the Coin Market?

Numismatic experts weigh in on the “gold rush” of 2020   By Jim Bisognani – NGC Weekly Market Report …… Gold trading above $2,000 is truly a significant milestone — one that finds the precious metal enjoying a huge amount of attention in the mainstream media. Many veteran numismatists knew this lofty summit would be […]

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Jeff Garrett: The 2020 World’s Fair of Money That Never Was

The August sales that took place without the annual ANA show demonstrated a strong demand for quality coins   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Last week should have been the highlight of my numismatic year. Every summer since 1974, I have attended the ANA World’s Fair of Money. The show is […]

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Jeff Garrett: Numismatics and the Precious Metals Boom

With gold and other metals continuing to soar in value, more attention is being paid to tangible assets, including rare coins   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Precious metals–gold in particular–are in the news almost daily. This week, gold reached a new high of very nearly $2,000 USD per ounce. Prices […]

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Jeff Garrett: Join a Numismatic Coin Club Fraternity

Love coin collecting? Make it official with a coin club membership Coin Clubs By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… One of the most impactful aspects of the COVID-19 crisis has been the amount of time individuals are spending online. People around the country are now shopping online who had resisted this trend […]

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Jeff Garrett: The Rare Coin Market and the Hobby Move Online

Markets are being tested by the COVID-19 crisis; so far, the rare coin market is passing   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… The internet has been one of the most significant driving forces for numismatics since the late 1990s. Indeed, the hobby has been forever changed by this amazing tool of […]

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New special-edition Red Book celebrating the 1920–2020 centennial of the Manila Mint is sold out!

The front cover, back cover, and spine of the 1920–2020 Manila Mint special edition distinguish it from the regular-edition Red Book. 260 copies were printed; 48 were damaged in transit, leaving 212 for sale to collectors

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Jeff Garrett: The Great American Coin Hunt – 2020 Edition

By Jeff Garrett – Mid-American Rare Coin Galleries ….. The last few weeks have been like no other in my 45 plus years as a professional numismatist. The routine of attending a coin convention every week or two during that period has come to a screeching halt. Like many others, I have had to re-invent […]

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New 2021 Official Red Book Will Debut April 7

Best-Selling Annual Guide Prices Nearly 8,000 Items, Reports Dramatic Market and Hobby Changes   The 74th edition of the coin-collecting hobby’s annual Guide Book of United States Coins (popularly known as the “Red Book”) will debut April 7, 2020. The new volume includes completely updated pricing and auction data reflecting the current market for collectible […]

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Jeff Garrett: Bidding at Auction , in Person and Online

The numismatic auction market is alive and well, with recent auctions proving its strength and resilience Numismatic Auctions By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… As I write this article, most rare coin professionals and collectors around the world are sheltered in trying to weather the effects of the coronavirus pandemic. However, most […]

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Gobrecht Silver Dollars – The Most Misunderstood Coin

1836 C. GOBRECHT name below base, stars in obverse field, plain edge. Die alignment: eagles flies level, coin turn and eagle flies level medal turn. Judd-58 By Jeff Garrett for Numismatic Guaranty Corporation…. The Gobrecht Silver Dollar is a complicated yet fascinating series. At first glance many would think that the Gobrecht Silver Dollar series […]

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Jeff Garrett: The Long and Short of Coin Collecting in Times of Uncertainty

Exercise patience and think long-term to avoid losses — and even make gains   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… There is no denying that we in America are currently consumed by media coverage of coronavirus. The slow drip of bad news accelerated last week when the stock market plunged due to […]

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Jeff Garrett: The Superstar $4 Stella, 1879-1880

These numismatic supernovas shine bright in the greatest collections   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Very few United States coins inspire the awe and fascination of the 1879 and 1880 $4 gold coins, otherwise known as “Stellas”. These enigmatic coins are far beyond the financial reach of most collectors. But that […]

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The Coin Analyst: How Might $100 Silver Impact the Coin Market?

By Louis Golino for CoinWeek ….. Rising bullion prices have often been a boon for the numismatic coin market. They enable precious metal investors to direct some of the profits from the sale of their bullion holdings to numismatic pieces. This tends to have a substantial impact on the overall coin market because many large […]

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Jeff Garrett: The Smithsonian National Numismatic Collection

An exhibit at the National Museum of American History showcases many legendary rarities   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Spring is fast approaching. And for many, that means a trip to our nation’s capital to see the cherry blossoms and to visit the numerous free Smithsonian Museums. There will also be […]

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Jeff Garrett: Coin Collecting by Die Variety

Variety is the spice of life — and coin collecting   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Over the last several months, a client of mine has taken a deep dive into collecting Morgan silver dollars. This client is quite studious and has spent considerable time learning the series. Every once in […]

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Jeff Garrett: See You at the ANA Summer Seminar

There is no better numismatic education for new collectors, prospective dealers and professionals seeking to sharpen their skills   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Last summer, I had the pleasure of spending nearly a week in Colorado Springs as an instructor at the annual American Numismatic Association (ANA) Summer Seminar. While […]

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Jeff Garrett: The Challenges of Circulated Coinage

Take the scenic route when collecting circulated coins   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… The most common advice any experienced numismatist will dispense is “buy the best you can afford.” I have shared this particular nugget of wisdom many times myself. In practice, it usually means trying to decide if you […]

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Jeff Garrett – A Christmas Miracle and Lessons Learned

A lost coin is found and lessons are learned in a numismatic holiday caper By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Last week, I experienced one of the most amazing events of my 45-year numismatic career. While I have often said that every day in my profession is like the Antiques Roadshow, seldom […]

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Jeff Garrett: The Difference a Point Makes in Certified Coins

With the popularity of online set registries, coin collecting has become a competitive sport   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Sometimes one point is insignificant. Your credit score might be 720 or 721, but the one-point difference really doesn’t matter much. On the other hand, if the Super Bowl is tied, […]

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Jeff Garrett: Collecting Error Coins

How to get comfortable in this challenging and fascinating corner of numismatics By Jeff Garrett for Numismatic Guaranty Corporation (NGC) ……   My daily assortment of emails contains quite a few inquiries about rare coins and coin collecting. People run across a news article, or something I have written about, and think they might have […]

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Visit to the National Numismatic Collection at the Smithsonian

National Numismatic Collection Visit By Charles Morgan for CoinWeek ….. On Wednesday, November 13, 2019, the curator of the National Numismatic Collection (NNC) Dr. Ellen Feingold, former ANA President Jeff Garrett, and the NNC staff welcomed more than two dozen Friends of the Smithsonian for a private viewing of more than 2,000 gold coins from […]

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Visit to the National Numismatic Collection at the Smithsonian

National Numismatic Collection Visit by Charles Morgan for CoinWeek …..   On Wednesday, November 13, 2019, the curator of the National Numismatic Collection (NNC) Dr. Ellen Feingold, former ANA President Jeff Garrett, and the NNC staff welcomed more than two dozen Friends of the Smithsonian for a private viewing of more than 2,000 gold coins […]

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CoinWeek Video: Jeff Garrett and the Great Southern Treasury Hoard of Morgan Dollars

By CoinWeek …..   Near the beginning of last month, CoinWeek traveled to NGC headquarters in Sarasota, Florida, to get a first look at the Great Southern Treasury Hoard of 13,000 New Orleans Mint Morgan dollars. Coin dealer Jeff Garrett was instrumental in bringing this numismatic bonanza to the market, negotiating a deal with a […]

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Jeff Garrett: The Future of Coin Conventions

Collector camaraderie keeps coin shows going strong   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… During my tenure as a member of the Board of Governors for the American Numismatic Association (ANA), one of my prime responsibilities was to make decisions about ANA conventions, which is no small task given their size and […]

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Jeff Garrett: Toned Coins – A Matter of Taste

Attractively toned coins continue to be one of the most enigmatic segments of the rare coin market   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Someone once said, “beauty is in the eye of the beholder.” This sublime statement has become a reality in the rare coin business. Toned coins are now extremely […]

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Jeff Garrett: The Art of Rare Coin Submissions

Submitting coins for grading can be complex, but with proper advice, you can ensure that the process goes smoothly and that you realize the full benefits of certification By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… My company has been submitting coins for grading and authentication since the inception of third-party grading in the […]

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Jeff Garrett – A Case for Coin Conservation

Proper coin conservation is effectively anti-coin doctoring Professional Coin Conservation By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Several of my very good friends in Lexington, Kentucky, are involved in the restaurant industry. One fellow was CEO of Long John Silver’s and later Church’s Chicken. Another owns and operates two successful, upscale eateries. Occasionally, […]

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Jeff Garrett: What to Do with Inherited Coins

Online resources can help you find someone you can trust   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… When the public brings in coins for appraisal, they have usually done some research. But working with these folks also reminds me how little the general population knows about the world of rare coin grading. The […]

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Jeff Garrett: The Big Five Coins Everyone Covets

By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… When I started my full-time career in numismatics around 1977, numismatic rarity was measured against five coins. Everything else was compared with them and was worth considerably less. The top three coins at the time were the: 1804 Silver Dollar 1913 Liberty Nickel 1894‐S Barber Dime The […]

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Jeff Garrett: Getting Started in U.S. Coin Collecting

Ten answers to the question: What coins should I pursue in U.S. Coin Collecting ? By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… I often have conversations with others about the growth of numismatics. Most, if not all, agree on the importance of attracting young people to the hobby. Not long ago, I spoke with […]

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Jeff Garrett: Learn Things New and Ancient at ANA Summer Seminars

Education is essential to succeeding as a coin collector   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… During my 40-plus-year career, I have handled about every coin in the Red Book. My knowledge of United States coinage is extensive, and I spend a considerable amount of time doing numismatic research. But there is always […]

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Jeff Garrett insights – Focus on Rarity

Not everyone can afford unique coins in top condition, but supply and demand are important and Coin Rarity are important Coin Rarity By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… The sale last year of the extremely rare 1854-S Half Eagle for over $2 million brought back memories of the 1982 auction of the Eliasberg […]

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Red Book Celebrities in the Spotlight at ANA Legacy Series

ANA World’s Fair of Money to Feature Bressett, Garrett in Chicago   To recognize hobby icons and create a record of their contributions, the American Numismatic Association (ANA) conducts the ANA legacy series – live interviews with notables in the coin community. The events, held in conjunction with ANA conventions, is intended to honor individuals who […]

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Jeff Garrett: The Rising Gold Tide

As gold’s price shows strength, will it spark a wider interest in coins? By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Then I began my career in numismatics in the mid-1970s. At the time, precious metal prices played a relatively small role in the market for rare coins. Gold sold for around $150 to $200 […]

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Connect with Fellow Hobbyists at the ANA World’s Fair of Money

Mix and Mingle at an Abundance of Social Events Member events and fun gatherings complement the American Numismatic Association’s (ANA) educational programs at the Chicago World’s Fair of Money, August 13-17, and are the perfect opportunity to socialize and network with fellow hobbyists. ANA members are encouraged to pre-register for the convention to receive admission […]

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Jeff Garrett: With the 2019-W Quarter, the Hobby Catches a Break

With the 2019-W quarter program, the Mint shows leadership in boosting numismatics, but more publicity is needed By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… In the last several years, most numismatic leaders have been searching for ways to stimulate the hobby. There has been a special emphasis on young people, as that segment […]

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Jeff Garrett: Don’t Set Yourself Up for Numismatic Heartache

To succeed in collecting a set, make sure your target is financially feasible By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… When I began collecting decades ago, my first goal was to complete a set of 1941-to-date Lincoln cents. I lived in Florida at the time and locating the early San Francisco Mint issues […]

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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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Jeff Garrett: Golden Opportunities to Grow the Coin Collecting Hobby

Programs such as the Great American Coin Hunt are helping promote numismatics   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) ……   In the past, National Coin Week went largely unnoticed by most collectors and dealers in the United States despite the fact that the American Numismatic Association (ANA) created the event 96 years […]

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Coin Collecting Strategies: Cherry Picking

By Jeff Garrett for NGC …… Nearly every series offers something for the cherry picking specialist. There are few things in coin collecting as exciting as making a numismatic discovery. I started to think about this subject last week when I purchased a collection of Large Cents dated 1793-1857. The coins are in an old […]

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Jeff Garrett: The Power of Population Reports

Upgrade your knowledge by studying a wealth of coin data available online for free   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Decades ago, collectors and dealers relied on standard numismatic references, such as the Guide Book of United States Coins (the Red Book), for much of their information. Most of today’s collectors […]

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2020 ‘Red Book’ reports dramatic changes

The newest edition of the coin hobby’s annual Guide Book of United States Coins (popularly known as the “Red Book”) debuted on April 9. The 73rd edition (with a cover date of 2020) features extensively updated pricing and auction data reflecting the current market for collectible coins, which has seen dramatic ups and downs in the past year.
According to senior editor Jeff Garrett, “The 2020 edition reflects many changes in pricing and discoveries in numismatic scholarship made over the past year

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Jeff Garrett: Double Eagles a Once-in-a-Lifetime Opportunity

Many Double Eagles are selling for close to melt value, making these classic gold coins easy to acquire   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… I have been an observer of numismatic market trends for over 40 years. During that time, rare coins have risen and fallen sharply many times. Historically, the […]

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Jeff Garrett: Learning the Art of Rare Coin Grading

Summer seminars offer classes in coin photography and coin grading By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… This summer, the American Numismatic Association (ANA) will conduct two weeks of educational seminars in Colorado Springs. These annual events, which are dubbed “Summer Seminar“, are one of the most successful educational endeavors of the ANA. […]

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Q&A with 2020 Red Book Senior Editor Jeff Garrett

Two weeks before National Coin Week on April 9, 2019, the 73rd edition of Whitman Publishing’s Guide Book of United States Coins (colloquially referred to as the “Red Book”) is set to debut. The 73rd edition of the Red Book will elucidate a variety of new coin issues throughout 2018 and early 2019, in addition to highlighting foreign coins that were circulated in the British American colonies

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Jeff Garrett: CAC Examined

In which Jeff Garrett takes a closer look at CAC-stickered coins By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Quite often new clients–and sometimes long-time clients–will seek my advice on a numismatic collecting strategy. They are very interested in developing a sound and hopefully long-term path for being a successful collector. Most love numismatics […]

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New 2020 Red Book Reports Dramatic Market Changes

Best-Selling Annual Guide Prices Nearly 8,000 Items – Covers Circulating, Commemorative, and Bullion Coins The newest edition of the coin hobby’s annual Guide Book of United States Coins (popularly known as the “Red Book”) will debut on April 9, 2019, two weeks before National Coin Week. The 73rd edition (with a cover date of 2020) […]

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Jeff Garrett: Million-Dollar Handshakes

Understanding how credit works in the coin industry can be critical to every collector By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Around this time of year, my bank requires an annual review of my credit line. They want last year’s tax returns, both personal and corporate. I need to provide a detailed personal […]

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Jeff Garrett: Myths About Coin Collecting

Useful facts and helpful tips for new coin collectors By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… One complaint that I sometimes receive about my articles is that there is not enough information for those new to the hobby. Most of my articles in recent years have drilled down on specific subjects, with the […]

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Jeff Garrett: The Next Big Thing

What will spark renewed interest in the hobby of coin collecting? By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… This year marks the 20th anniversary of the 50 State Quarters program. Launched in 1999, the program saw the issuance of five different commemorative quarter dollars each year. States were featured in the order of […]

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Jeff Garrett: American Silver Eagle Coin Season Begins

The first of the popular coins for 2019 are about to enter the numismatic marketplace By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… In recent years, an annual tradition in the numismatic world has begun at the beginning of every calendar year. Starting in January, the US Mint commences delivery of United States Silver […]

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Jeff Garrett: American Silver Eagle Coin Season Begins

The first of the popular coins for 2019 are about to enter the numismatic marketplace By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… In recent years, an annual tradition in the numismatic world has begun at the beginning of every calendar year. Starting in January, the US Mint commences delivery of United States Silver […]

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Jeff Garrett: Proof Coins and Other Missed Opportunities

A common numismatic regret: ‘If I knew then what I know now’ By Jeff Garrett for Numismatic Guaranty Corporation (NGC) ……   Having been in the rare coin business now for over 40 years, I often have thoughts about the classic saying, If I knew then what I know now. The market for rare coins […]

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Jeff Garrett: What to Give a Numismatist for Christmas

A coin, book or membership can make a memorable gift By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… If you’re like everyone else, you are probably searching for holiday gift ideas to please that “hard to buy for” friend or relative. It seems like the world revolves around something electronic these days, and there […]

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Jeff Garrett: Rediscover Ancient Coinage

Make amazing historical connections by holding coins that were part of the cogs of commerce millennia ago By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… When walking around most bourse floors at conventions these days, I am amazed by how many rare coin dealers now offer ancient coins. I would estimate that 20 to […]

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Collecting Classic US Coins – The Silver Dollars of Our Founding Fathers

You might be surprised at how affordable some of the earliest US silver dollars are By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Silver Dollars were first authorized during the presidency of George Washington in 1792. The first coins were produced two years later in 1794, with only 1,758 coins leaving the fledgling Mint […]

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Jeff Garrett: When Proofs Were New

The Smithsonian collection sheds light on some of the earliest examples from the US Mint By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… To begin a conversation about early United States Proof Coinage we should first discuss the definition of the term. The Guide Book of United States Coins (Redbook) defines the word as […]

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Rare Coin Social Media Groups Explode in Popularity

Only 21 months ago Rob Oberth from Marietta, Georgia launched Coin Dealers Helping Coins Dealers (CDHCD) as a private Facebook group devoted to the wholesale trading of rare coins, and other numismatic material. As the name implies, the group was created to bring dealers together to share ideas about the challenges and opportunities of the […]

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Garrett: How Digital Photography Revolutionized the Coin Hobby

By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Those who know how to use the technology have an advantage in the coin marketplace. NGC launched a new service for collectors and dealers in June called Photo Vision. The new photo service provides submitters with high-resolution pictures of their coins before they have been encapsulated. The pictures will be […]

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Whitman author Jeff Garrett honored for Best Numismatic Investment Book of 2018

Whitman author and noted numismatist Jeff Garrett has received the Numismatic Literary Guild’s annual award for Best Numismatic Investment Book for his work, SILVER: Everything You Need to Know to Buy and Sell Today.
The Numismatic Literary Guild (NLG), a nonprofit organization composed of editors, authors, writers, bloggers, and content producers who cover news and feature stories about all forms of money, medals, and tokens as collectibles, presented its annual awards for 2018 on Thursday, August 16, in Philadelphia

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Whitman author Jeff Garrett honored for Best Numismatic Investment Book of 2018

Whitman author and noted numismatist Jeff Garrett has received the Numismatic Literary Guild’s annual award for Best Numismatic Investment Book for his work, SILVER: Everything You Need to Know to Buy and Sell Today.
The Numismatic Literary Guild (NLG), a nonprofit organization composed of editors, authors, writers, bloggers, and content producers who cover news and feature stories about all forms of money, medals, and tokens as collectibles, presented its annual awards for 2018 on Thursday, August 16, in Philadelphia

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Whitman author Jeff Garrett honored for Best Numismatic Investment Book of 2018

Whitman author and noted numismatist Jeff Garrett has received the Numismatic Literary Guild’s annual award for Best Numismatic Investment Book for his work, SILVER: Everything You Need to Know to Buy and Sell Today.
The Numismatic Literary Guild (NLG), a nonprofit organization composed of editors, authors, writers, bloggers, and content producers who cover news and feature stories about all forms of money, medals, and tokens as collectibles, presented its annual awards for 2018 on Thursday, August 16, in Philadelphia

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NLG names Ron Guth executive director

The Numismatic Literary Guild (NLG) Board of Directors unanimously approved the appointment of Ron Guth of San Diego, California to be the NLG Executive Director starting September 1, 2018. He succeeds Donn Pearlman of Las Vegas, Nevada who agreed to serve in that role for a year following the August 2017 passing of long-time NLG Executive Director Ed Reiter

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Coin Market Commentary: The Globalization of Numismatics

Globalization has been a strong force in numismatics from the availability of world coins and the dissemination of information By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… I was able to attend the New York International Numismatic Convention (NYINC) for the first time in quite a while. The event has been held at the […]

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NGC Grades New York Bank Hoard of 16,000 Morgan Dollars

SARASOTA, Fla. (July 16, 2018) — Numismatic Guaranty Corporation® (NGC®) has certified the New York Bank Hoard, a group of 16,000 Morgan Dollars that had been stored in sealed US Treasury bags for more than 50 years. The remarkably well-preserved hoard boasts a number of high grade pieces, including 118 that graded NGC MS 67. […]

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Internet Sales Tax? Supreme Court Ruling Alarming

  Numismatists should be worried about how the hobby will be affected by a labyrinth of tax rules By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Several months ago, I received the dreaded letter from the State of Kentucky notifying me that my company would be undergoing a four-year sales tax audit. Even though […]

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CoinWeek First Look at the Pops of the New York Bank Morgan Dollar Hoard

By Charles Morgan and Hubert Walker for CoinWeek ….. Sixteen bags of Morgan dollars, still sealed in their original bags, is not something that you expect to see these days, given that it’s been more than 50 years since the Treasury vaults were emptied by silver speculators. Since that time, there have been ups and […]

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Numismatic Time Capsule – Examining a Hoard of Morgan Silver Dollars

The excitement of examining a hoard of thousands of Morgan silver dollars By Jeff Garrett for Numismatic Guaranty Corporation (NGC) ……   One of the very best parts of my job is not knowing what the next phone call will bring. I tell people that for me, every day is an episode of Antiques Road […]

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Coin Grading – A Closer Look at Details Grading

What to know before you buy a coin with a Details grade By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… When it comes to grading rare coins, and interpreting the labels on certified coins, no subject can be as confusing as “ Details grade ”. During the course of a week, I receive numerous calls from […]

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Pioneer Gold: Big Potential, Tiny Coins

California Fractional gold coins offer an easier way to connect with the Gold Rush By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… When the Odyssey Marine Corporation was excavating the shipwreck site of the SS Central America a few years ago, I was hired to perform a series of appraisals for material as it […]

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U.S. medals and tokens featured in new MEGA RED, 4th Edition

(Pelham, Alabama) — Collectors of exonumia (tokens, medals, and similar coin-like objects) will enjoy more than 50 pages devoted to their interests in the fourth edition of MEGA RED (the Deluxe Edition of the Guide Book of United States Coins). Eight of the book’s twenty-five appendices feature American exonumia ranging from dime-sized tokens to dollar-sized and larger medals

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U.S. medals and tokens featured in new MEGA RED, 4th Edition

(Pelham, Alabama) — Collectors of exonumia (tokens, medals, and similar coin-like objects) will enjoy more than 50 pages devoted to their interests in the fourth edition of MEGA RED (the Deluxe Edition of the Guide Book of United States Coins). Eight of the book’s twenty-five appendices feature American exonumia ranging from dime-sized tokens to dollar-sized and larger medals

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U.S. medals and tokens featured in new MEGA RED, 4th Edition

(Pelham, Alabama) — Collectors of exonumia (tokens, medals, and similar coin-like objects) will enjoy more than 50 pages devoted to their interests in the fourth edition of MEGA RED (the Deluxe Edition of the Guide Book of United States Coins). Eight of the book’s twenty-five appendices feature American exonumia ranging from dime-sized tokens to dollar-sized and larger medals

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Gold & Silver Political Action Committee May 2018 e-Newsletter

By John Villavicencio for the Gold & Silver Political Action Committee…… Gold & Silver Political Action Committee News Update on Candidate Steve Bieda Last month the Gold & Silver Political Action Committee reported that we were supporting Steve Bieda (D) in his race for Michigan State Senator. In the fast-moving world of politics, the only thing certain […]

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Gold & Silver PAC May 2018 e-Newsletter

By John Villavicencio for the Gold & Silver PAC …… Gold & Silver News From the Political Coordinator Update on Candidate Steve Bieda Last month we reported that we were supporting Steve Bieda (D) in his race for Michigan State Senator. In the fast-moving world of politics, the only thing certain is change. Steve withdrew from […]

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ANA Money Museum Adds Exciting Donation to Collection

Tales From the Vault – The Sacagawea Dollar The Edward C. Rochette Money Museum received an exciting donation in late 2017: items related to the production of the Sacagawea dollar from the studio of acclaimed sculptor Glenna Goodacre (BELOW) The donation is a great addition to the ANA’s collection of plasters, galvanos and other production-related objects […]

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Ken Bressett — my friend and mentor

In 1974 I had the great fortune of being awarded a scholarship to attend the American Numismatic Association’s Summer Seminar. It was the first time I had flown on an airplane, and to say I was excited would be a huge understatement

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New 2019 OFFICIAL BLUE BOOK™ expanded with full-color sections

(Pelham, AL) — The newest edition of the Handbook of United States Coins debuts in late May 2018. Known to collectors as the Blue Book, it is the best-selling annual guide to wholesale prices paid by U

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New 2019 OFFICIAL BLUE BOOK™ expanded with full-color sections

(Pelham, AL) — The newest edition of the Handbook of United States Coins debuts in late May 2018. Known to collectors as the Blue Book, it is the best-selling annual guide to wholesale prices paid by U

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New 2019 OFFICIAL BLUE BOOK™ expanded with full-color sections

(Pelham, AL) — The newest edition of the Handbook of United States Coins debuts in late May 2018. Known to collectors as the Blue Book, it is the best-selling annual guide to wholesale prices paid by U

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Numismatic Technology and Markets -A Revolution in Rare Coin Price Guides

As technology makes information more accessible, including price guides and price discovery, the educated coin collector is the winner By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Some of the oldest rare coin price guides for US coins began in the mid- to late 1800s. There was boom of collector interest in US coinage […]

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Red Book recollections: Jeff Garrett

Coin Update continues its series dedicated to reflecting on the long history of Whitman Publishing’s Guide Book of United States Coins, also known as the Red Book, now in its 72nd edition. “Red Book Recollections” features personal reflections written by Red Book contributors, collectors, and others with the aim of providing different perspectives on the long-lived reference work

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NGC confirms discovery of fourth known 1854-S $5

A coin that a New England man originally thought was a counterfeit has been authenticated by the Numismatic Guaranty Corporation (NGC) as only the fourth known 1854-S Liberty Head Half Eagle.
“It’s like finding an original Picasso at a garage sale

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Kenneth Bressett Named First Red Book Editor Emeritus

Kenneth Bressett, longtime editor of the Guide Book of United States Coins (popularly known as the “Red Book”), has retired into Whitman Publishing’s newly created position of Editor Emeritus. The 2019 (72nd) edition of the Red Book, available now from booksellers and hobby shops nationwide, features a 10-page illustrated tribute to Bressett. In addition, the […]

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Kenneth Bressett named first Editor Emeritus of the Red Book

(Pelham, AL) — Kenneth Bressett, longtime editor of the Guide Book of United States Coins (popularly known as the “Red Book”), has retired into Whitman Publishing’s newly created position of Editor Emeritus. The 2019 (72nd) edition of the Red Book, available now from booksellers and hobby shops nationwide, features a 10-page illustrated tribute to Bressett

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MEGA RED, 4th Edition, showcases United States dimes

(Pelham, Alabama)— The fourth edition of MEGA RED (the Deluxe Edition of the Guide Book of United States Coins) features an expanded coin-by-coin study of U.S

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Jeff Garrett: Collecting Coins & Currency with Passion

Assembling a set of Kentucky banknotes was a challenge and a joy for this coin dealer By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Each year for the last few decades, I have bought and sold millions of dollars’ worth of rare coins. I have had the privilege of handling a lot of great […]

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The Dentuck Balto blog: Friday, March 23, 2018

Friday morning at the Baltimore Expo I spent some time at the Kids Korner, gearing up for the young collectors who storm the bourse in full force mostly on Saturday when they’re off school. In preparation, we sorted Lincoln cents by type (Wheat, Memorial, and Union Shield) and stuffed Whitman bags with coins, folders, albums, and other prizes

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The Dentuck Balto blog: Friday, March 23, 2018

Friday morning at the Baltimore Expo I spent some time at the Kids Korner, gearing up for the young collectors who storm the bourse in full force mostly on Saturday when they’re off school. In preparation, we sorted Lincoln cents by type (Wheat, Memorial, and Union Shield) and stuffed Whitman bags with coins, folders, albums, and other prizes

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Greg Allen New Anti-Counterfeiting Task Force Steering Committee Chair: ICTA

World Mint Work Group joining anti-counterfeiting effort By Industry Council for Tangible Assets ……   Industry Council for Tangible Assets (ICTA) Chairman Philip N. Diehl has announced the appointment of Greg Allen as chair of the Anti-Counterfeiting Task Force (ACTF) Steering Committee. ACTF Steering Committee members serve as leaders of more than a dozen Work […]

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Over Two Centuries of U.S. Dimes Featured in New 4th Edition of Whitman’s MEGA RED

The fourth edition of MEGA RED (the Deluxe Edition of the Guide Book of United States Coins, also known as the “Red Book”) will officially debut April 10, 2018, with retail pre-orders being shipped on that date. The 1,504-page MEGA RED retails for $49.95 USD. It can be pre-ordered online and after April 10 will […]

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The Dentuck Balto blog: Thursday, March 22, 2018

Early Thursday morning I stopped by the United States Mint display (booth 705) to talk coins with the always friendly and helpful sales staff. These guys know their stuff, so when you visit, I encourage you to pick their brains and offer your opinions

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Jeff Garrett: In the Coin Game, Quality Matters Most

Collectors are driving the market, and they prefer coins with eye appeal By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… The rare coin market evolves over time, and many series come and go out of fashion. In the 1960s, BU Rolls and Proof Sets were all the rage. In the ’80s, generic gold coins […]

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Coin Market Opinion – Garrett: There Has Never Been a Better Time to Buy

At the current prices for Morgan Dollars and Double Eagles, it’s much easier to assemble a respectable collection By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… When the stock market has wild swings, such as was experienced last week, market pundits fill the airwaves with advice and observations. One of my all-time favorite market […]

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Classic US Coins – How the Key Date 1909-S VDB Cent Got Into Collectors’ Hands

By Eric Brothers for CoinWeek ….. There is a lot of romance associated with coin collecting, and certain popular and greatly coveted coins convey that romance simply by mentioning them. One that comes to mind is the 1909-S VDB Lincoln cent. That coin has a “perfect storm” of romance surrounding it: a new design, a […]

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US Coin Shows – The FUN Show Never Disappoints Coin Collectors or Dealers

The annual winter FUN SHOW is changing cities next year By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Few conventions on the coin show circuit are as eagerly anticipated as the January FUN show each year. The show is put on by the Florida United Numismatists (FUN) organization, and is held in different locations […]

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Bitcoin & Numismatics: What is Real Money?

Precious metals have a 3,000-year track record, but Bitcoin has captured speculators’ attention today By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Unless you’ve been living under a rock in recent weeks, you have probably heard of the incredible rise in the price of Bitcoin. As of Thursday, one Bitcoin equaled about $17,000 USD. […]

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Maybe Leonardo da Vinci Can Help the Rare Coin Market

What drove a $450 million sale? Bragging rights? Philanthropy? Clever marketing? By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… A couple of weeks ago, the world was shocked when a painting by the great Renaissance artist Leonardo da Vinci sold for $450,300,000 USD. The price shattered the previous record for a work of art, […]

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Collecting Ideas: Medals Make a Comeback

Modern or vintage, there are plenty of options for collectors By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… The United States Mint recently conducted its second annual Mint Forum in Washington, D.C. This year’s attendance was much larger than last year, with around 80 dealers, hobby leaders and collectors making the trip. The agenda […]

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Tips for Coin Collectors – Do Mintage Figures Matter?

Yes, the numbers are important, but they don’t tell the whole story By Jeff Garrett for Numismatic Guaranty Corporation (NGC) ……   The United States Mint strikes billions of Lincoln cents every year. By any measure, that is a very common coin, and is probably not going to be worth much any time soon. Recently, […]

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Tips for Coin Collectors – The Appreciation of Toned Coins

There is a wide variety of toning, and judging its value on a coin is tricky By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… My last article mentioned the high demand from collectors for beautifully toned coins. The prices realized for coins with great color can sometimes defy logic. As someone who spends a […]

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Coin Collecting Commentary: Collectors Dominate Market

What happens to coin sales when the balance tilts away from investors? By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… My wholesale business covers virtually every aspect of numismatics. This broad range of business gives me a very accurate insight into what is selling and who is doing the buying. In the last several […]

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Coin Collecting Commentary: Collectors Dominate Coin Markets

What happens to coin markets when the balance tilts away from investors? By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… My wholesale business covers virtually every aspect of numismatics. This broad range of business gives me a very accurate insight into what is selling and who is doing the buying. In the last several […]

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Former ANA President Jeff Garrett: World’s Fair of Money Recap

Reflections on the author’s 44th ANA show (and counting!) By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… It has been about a month since the 2017 American Numismatic Association’s (ANA) World’s Fair of Money ended in Denver, Colorado. The show saw the completion of my tenure as ANA president, and the many duties associated […]

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Silver Medallion for Collectors Joining the American Numismatic Association

Medallion Also Available to Current American Numismatic Association Members Sponsoring a New Member A free silver medallion is being offered to collectors joining the American Numismatic Association (ANA) as a new member. The limited-edition medallion is also available to current ANA members who sponsor a new member (both the new member and the sponsoring member […]

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Rare US Coins – A Closer Look at Certified Coin Population Reports

Take a mountain of useful numismatic data with a grain of salt By Jeff Garrett for Numismatic Guaranty Corporation (NGC) ……   Years ago, the known rarity of coins was a combination of guesswork and experience. Researchers had done much work on a few specialized series such as Half Cents, Large Cents and Capped Bust […]

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At the End of an ANA Presidency, a Look Back and a Look Ahead

The Future of the American Numismatic Association By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Last week, my presidency of the American Numismatic Association (ANA) came to an end. I must say it was one of the fastest two years of my life. Being President of the ANA was certainly more time-consuming than I […]

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Numismatic Literary Guild Announces Award Winners at 2017 ANA Show

Complete List of Winners By Numismatic Literary Guild (NLG) ……   BOOK OF THE YEAR The work having the greatest potential impact on numismatics – 1792: Birth of a Nation’s Coinage, by Pete Smith, Joel Orosz and Leonard Augsburger BEST SPECIALIZED BOOK United States Coins (tie) – The $2½ and $5 Gold Indians of Bela […]

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New 3rd Edition MEGA RED Features Engraved Love Token Coins

Deluxe Edition of the Guide Book of United States Coins – MEGA RED The third edition of MEGA RED (the Deluxe Edition of the Guide Book of United States Coins) features different types of altered coins in several new appendices, including an eight-page illustrated study of love tokens. MEGA RED retails for $49.95 and is […]

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Coin Collecting Strategies and Coin Values – Auction Prices Realized

Auction Prices Realized – They’ve empowered coin collectors, but they can be tricky In recent years, the world of rare coin price guides has changed dramatically. When I began my career as a rare coin dealer in the 1970s, the Guide Book of United States Coins (Redbook), was the primary source of rare coin prices. […]

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In Memoriam: Industry Icon Leon Hendrickson Passes Away at 90

By Charles Morgan and Hubert Walker for CoinWeek ….. Truly a giant in the professional ranks of rare coin dealers. –Jeff Garrett, President of the American Numismatic Association (ANA) and owner of Mid-American Rare Coin Galleries Icon of the rare coin industry and all-around gentleman Leon Hendrickson passed away on Sunday, July 23, 2017. His […]

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Dahlonega Gold Set Displayed at University of Georgia

The collection of coins from 1838-1861 is part of the “Gold-Digging in Georgia” exhibit Numismatic Guaranty Corporation® (NGC®) is honored to have certified the Thomas Leverette McMullan Reed Creek Collection of Dahlonega Mint Coins, which is now prominently on display at the University of Georgia in Athens. This collection contains all 62 issues of the […]

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Whitman Releases 4th Edition of 100 Greatest U.S. Modern Coins

By Dennis Tucker – Publisher, Whitman Publications …… The fourth edition of Whitman Publishing’s 100 Greatest U.S. Modern Coins will enjoy its public debut in a few short weeks. Look for it at the American Numismatic Association (ANA) World’s Fair of Money in Denver, Colorado. In the meantime, if you’re a fan of modern U.S. […]

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Shelby Plooster Receives 2017 Young Numismatist of the Year Award

Shelby Plooster of Evans, Georgia, was named the American Numismatic Association’s (ANA) 2017 Young Numismatist of the Year at the ANA’s Summer Seminar during the awards banquet on June 22. The award annually acknowledges an outstanding young collector for contributions to the hobby and industry. The 17-year-old began collecting in fifth grade when she discovered […]

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Coin Collecting: Expanding the Hobby

Attracting young people is vital if numismatics is to thrive going forward By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… My term as president of the American Numismatic Association–the ANA–is about to end. The past two years have literally flown by. I am often asked if I’m glad it’s over, but nothing could be […]

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The Votes Are In: American Numismatic Association 2017 Election Results

Voting members of the American Numismatic Association (ANA) have chosen three new candidates and six incumbents to the ANA Board of Governors for the 2017-19 election term. New American Numismatic Association members Thomas J. Uram, John W. Highfill and Brian Hendelson will join Col. Steve Ellsworth, Ralph Ross, Greg Lyon and Paul Montgomery on the […]

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Coin Collecting Strategies – Generic Gold Coins Fall to Historic Lows

If you’re not picky, it’s a great time to look at century-old US Generic Gold coins By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… In recent months, the value of United States generic gold coins has fallen to historic lows in relation to spot gold prices. Generic gold coins are defined as common-date United […]

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Whitman Publishing releases new gold “toolkit”:GOLD: Everything You Need to Know to Buy and Sell Today

(Pelham, Alabama)—On the Fourth of July, 2017, Whitman Publishing will release a newly updated second edition of its award-winning book GOLD: Everything You Need to Know to Buy and Sell Today, by Jeff Garrett and Q. David Bowers

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Collecting Proof United States Gold Coins 1821-1915

Proof gold coins are ideal for the few great coins collecting strategy By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… The late, great collector Ed Trompeter once stated “only real men collect Proof United States gold coins.” This chauvinistic statement would be politically incorrect in today’s world, but it does offer a glimpse into […]

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Whitman Publishing 2nd Edition Guide to Gold Buying and Selling

On the Fourth of July, 2017, Whitman Publishing will release a newly updated second edition of its award-winning book GOLD: Everything You Need to Know to Buy and Sell Today, by Jeff Garrett and Q. David Bowers. It is available for preorder online (including at www.Whitman.com) and will be sold at bookstores and hobby dealers […]

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Whitman Publishing releases new gold “toolkit”:GOLD: Everything You Need to Know to Buy and Sell Today

(Pelham, Alabama)—On the Fourth of July, 2017, Whitman Publishing will release a newly updated second edition of its award-winning book GOLD: Everything You Need to Know to Buy and Sell Today, by Jeff Garrett and Q. David Bowers

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Coin Tourism: Smithsonian National Numismatic Collection

The Value of Money exhibit at the Smithsonian is a must-see for anyone visiting Washington, D.C. By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… I have been involved with the Smithsonian National Numismatic Collection (NNC) for many years. My relationship began with the NNC about 15 years ago when I was doing research for […]

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Coin Collecting Strategies: Numismatic Diversification

Diversifying your coin collecting areas of interest is a very enjoyable way to collect and learn about the history of different series By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… During a recent meeting with my financial advisor we discussed the importance of diversification. Having all of your eggs in any one basket is risky […]

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ANA Announces Collaboration with Coin Dealer Newsletter

The American Numismatic Association (ANA) is excited to announce a collaboration between its flagship publication, The Numismatist, and The Coin Dealer Newsletter (CDN), providing ANA members a reliable retail pricing tool for collectable U.S. and Early American coinage. Beginning in June, ANA members can access the “Collector’s Price Guide” (CPG) in The Numismatist. Each monthly […]

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CoinWeek Reaches Two Major Milestones: Two Million Video Views & 40,000 Facebook Fans

By CoinWeek ….. On Monday, May 15, 2017, CoinWeek surpassed two million views on its award-winning YouTube video channel. CoinWeek’s award-winning videos have brought numismatics to a new generation of collectors, with popular series such as CoinWeek IQ, Cool Coins!, Cool Currency!, and the CoinWeek Podcast. Since CoinWeek’s launch in 2011, our video team has […]

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Coin Collecting Advice: Building a Numismatic Library

Assembling the correct numismatic library for your level of engagement in the hobby is very important By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… One of the most sage pieces of advice ever given in numismatics is “Buy the book before the coin”. The legendary numismatist Q. David Bowers is credited with coining the […]

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Jeff Garrett: Collecting Colonial Coinage

Colonial coins offer a combination of rarity, historical value and affordability By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… My last article mentioned my first trip to the ANA Summer Seminar in 1974. My instructor that week was “Red Book” editor Ken Bressett. I had decided to take his class on United States Colonial […]

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ICTA Names Industry Notables to Task Force Steering Committtee, Forms Work Groups

By Industry Council for Tangible Assets ….. The Industry Council for Tangible Assets (ICTA) has named an 11-member Steering Committee and has formed eight Work Groups to begin the work of its Anti-Counterfeiting Task Force (ACTF). ICTA created the Anti-Counterfeiting Task Force in January and named Beth Deisher as its director. ACTF’s mission is to […]

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Counterfeits – The Battle Begins

The best protection against the threat of counterfeits is to buy coins from a reputable source By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… My term as President of the American Numismatic Association (ANA) will expire in August. I have told many friends and business associates that I still have much that I would […]

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Coin Collecting Strategies: In Coins, True Rarity Counts

Population reports have exposed the true rarity of nearly every coin in every grade. These are amazing research tools that collectors from past generations lacked By Jeff Garrett for Numismatic Guaranty Corporation (NGC) ……   Nearly everyone agrees that the rare coin market in the United States is a multi-billion dollar business. Collectors buy everything […]

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New Red Book Celebrates 225 Years of U.S. Coinage

Best-Selling Annual Guide Prices 7,900 Coins The 71st edition of the hobby’s Guide Book of United States Coins (popularly known as the “Red Book”) will launch at the Whitman Baltimore Coin and Collectibles Expo on March 30, 2017. It features new and extensively updated content reflecting the current market for collectible coins. To celebrate the […]

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Coin Collecting & Market Commentary: European Numismatics

Attending the World Money Fair in Germany was a rewarding experience By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… During the previous week I attended the World Money Fair in Berlin, Germany. Over the years I’d heard a lot about this convention but had never been able to attend. My main specialty has always […]

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$100 Million of Numismatic National Treasures & “Funny Money” to be Displayed In Orlando

A nickel valued at $3 million and misprinted currency are among the attractions at the family-friendly National Money Show®, March 9-11 The public can see more than $100 million of historic rare coins and colorful currency including a famous $3 million nickel, currency that was mistakenly misprinted with upside down serial numbers and other errors, […]

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Coin Market Commentary: The Globalization of Numismatics

Globalization has been a strong force in numismatics from the availability of world coins and the dissemination of information By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Recently I was able to attend the New York International Numismatic Convention (NYINC) for the first time in quite a while. The event has been held at […]

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Coin Collecting & Market Commentary – FUN Show as Bellwether Event

The FUN Convention rings in the new year The annual Florida United Numismatists (FUN) Convention that is held every January is viewed by many as a harbinger of things to come for the numismatic community each year. Everyone is eager to see how the market is poised to kick off the New Year. The FUN […]

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American Numismatic Association Approves $5.55 Million Budget

At its October 28-29 meetings in Colorado Springs, Colorado, and a subsequent teleconference on December 20, the American Numismatic Association (ANA) Board of Governors passed a US$5.55 million budget, and committed to a fund development program and membership growth initiatives. The ANA will use 4.7 percent of its investment principal – or $868,118 – towards […]

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CoinWeek Podcast #51: Globetrotting with Numistourist Howard Berlin

CoinWeek Podcast #51: Globetrotting with Numistourist Howard Berlin The CoinWeek Podcast won the 2016 NLG Award for Best Audio Program. If you’d like to help the podcast grow and continue to bring you in-depth and thoughtful interviews and news coverage, then leave us a five-star review on the iTunes store. You can also download all […]

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CoinWeek Podcast #51: Globetrotting with Numistourist Howard Berlin

CoinWeek Podcast #51: Globetrotting with Numistourist Howard Berlin The CoinWeek Podcast won the 2016 NLG Award for Best Audio Program. If you’d like to help the podcast grow and continue to bring you in-depth and thoughtful interviews and news coverage, then leave us a five-star review on the iTunes store. You can also download all […]

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CoinWeek IQ: Numismatic America: Behind the Scenes at the National Numismatic Collection – 4K Video

In this 4K CoinWeek video, editor Charles Morgan joins ANA President Jeff Garrett for a rare behind the scenes tour of the National Numismatic Collection at the Smithsonian Institution. Jeff and Charles discuss the 1804 dollar, George T. Morgan’s sketchbook, a rare never-before-filmed 2008 Ultra High Relief gold pattern struck at the Perth Mint for the U.S. Mint, plus six important […]

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Rare Coin Market Commentary – What To Expect For 2017 And Beyond

Now is an excellent time to be collecting rare coins By Jeff Garrett for Numismatic Guaranty Corporation (NGC) ……   As the year winds down most who are involved in the world of numismatics are starting to consider what the New Year will bring. Many will be happy to put 2016 in the past. The […]

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Coin Collecting Commentary: Trump and Numismatics

What does the Trump presidency mean for coin collectors? By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… The presidential election this year was certainly a raucous event and the eventual winner was very much unexpected by most. Regardless of your political leanings, the question on many collectors’ minds is what does a Trump presidency […]

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Coin Collecting Commentary: How To Invigorate The Hobby

By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… The US Mint forum attracted leaders from all areas of the hobby including the media, mass market sellers, numismatic artists, collectors, rare coin dealers and grading companies. A few weeks ago Principal Deputy Director Rhett Jeppson of the United States Mint held a forum in Philadelphia […]

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Tips for Collectors: Using Auction Records

By Jeff Garrett for Numismatic Guaranty Corporation(NGC) ……   Auction records have become an invaluable tool, but knowing how to use them can be very important. It’s hard to believe, but in the mid-1990s there were no such things as electronic auction records for collectors or dealers to search before making a purchase. There were […]

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NGC Ancients – Thoughts on Collecting Ancient Coins

By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Ancient coins are extremely popular because of their historical importance, artistic merit and affordability. This year’s ANA convention was held in Anaheim, California and dealers from the United States and around the world were in attendance. Collectors were there in force, but in numbers that were […]

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The Future of Numismatics

By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Many great minds and tireless volunteers are working hard to secure a future for the hobby we all love so much Because I am president of the American Numismatic Association (ANA), I am asked constantly what I think about the future of our hobby. Nearly everyone […]

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CoinWeek Videos Surpass 1.5 Million Views

By CoinWeek …. On Thursday, October 6, 2016, CoinWeek.com announced that its award-winning YouTube video channel had exceeded 1.5 million views. CoinWeek launched its video channel in 2011 and has since uploaded more than 1,300 original videos – including the 2016 Numismatic Literary Guild Award Winning videos Numismatic Vienna and How Gold Coins are Made: […]

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Classic US Coins – Art and Numismatics

Collecting coins based on art is an endless journey and one that should give you a different perspective of the hobby By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Last week I had the pleasure of traveling with a friend to Cornish, New Hampshire on a very interesting numismatic road trip. Cornish, New Hampshire […]

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Collecting Classic Gold Commemorative Coinage (1903-1926)

By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… This is a great time to collect one of the most interesting and attractive United States coins series My last article focused on classic commemorative silver coins struck from 1892 to 1954. As enumerated, there are many compelling reasons to collect this long-ignored series. Nearly all […]

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Museum Honors Madeleine Albright and Colin Powell

National Museum of American History Inaugural “Great Americans” Award By Smithsonian Museum …..   The Smithsonian’s National Museum of American History is presenting its inaugural “Great Americans” award to two former Secretaries of State, Madeleine K. Albright and Colin Powell, during individual ceremonies September 7 and December 7. The “Great Americans” program, supported by David […]

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Collecting Classic Silver Commemorative Coinage (1892–1954)

A look at this often-underrated yet highly interesting series By Jeff Garrett – Numismatic Guaranty Corporation …… For anyone looking for value when trying to decide what to collect, United States commemorative coinage is a great place to start. The series has been one of the biggest laggards in the last decade in relation to […]

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Whitman Publishing Issues Call for New Red Book Contributors

Whitman Publishing, producer since 1946 of the Guide Book of United States Coins (the annually issued retail price guide known as the “Red Book”), announces a call for new pricing contributors. There is an application and screening process, after which newly selected participants will contribute to the pricing of the 71st edition. “Red Book pricing […]

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California Numismatists Embraced Anaheim World’s Fair of Money

Attendance Numbers Announced The American Numismatic Association’s (ANA) 2016 World’s Fair of Money welcomed 8,192 people at the Anaheim Convention Center in Anaheim, California, August 9-13. The family-friendly event featured displays by government and private mints from around the world; expansive educational programs led by notable speakers sharing their numismatic expertise; exhibits of rare treasures […]

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CoinWeek Wins Record Nine Numismatic Literary Guild Awards

Numismatic Literary Guild Awards include Best Website, Best Video & Best Podcast By CoinWeek News Staff ….. On Thursday, August 11, 2016 at the American Numismatic Association’s (ANA) World’s Fair of Money, the Numismatic Literary Guild (NLG) announced the winners of its annual writing competition at the NLG Bash, a dinner banquet attended by scores […]

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How Big Is the Rare Coin Counterfeiting Problem?

By Jeff Garrett for Numismatic Guaranty Corporation ……   The issue of counterfeit coins has been around for a very long time For years, the numismatic industry has dealt effectively with the problem of counterfeit rare coins. You can read numismatic journals from the 19th century and realize that collectors were dealing with the problem even […]

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Classic US Coins: The 1913 Liberty Nickel Through the Years

  By Eric Brothers for CoinWeek ….. There are several theories associated with the creation of the 1913 Liberty (V) nickel. One tells us that the Liberty Head nickel bearing that date was produced–unauthorized by the United States Mint–by Mint employee Samuel W. Brown or someone else on his behalf. It’s even possible that he […]

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How to Start a Coin Collection

Coin collecting offers many opportunities, and with patience you will probably find a series or issue that will be exciting and profitable to collect By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… As president of the American Numismatic Association (ANA) I often have conversations with others about the growth of numismatics. Most, if not […]

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Collecting Classic US Coins: Gem Circulated

Attractive coins can be found at all levels of the Sheldon scale Much attention in numismatics is focused on quality. One of the most common pieces of wisdom dispensed by experienced numismatists is to buy the best you can afford. For decades this advice has served most collectors very well. Top quality coins have been […]

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Coin Guides – Whitman Debuts 2nd Edition MEGA RED™ Deluxe Red Book

The second edition of Whitman Publishing’s Guide Book of United States Coins, Deluxe Edition, popularly known as MEGA RED, debuted at the Whitman Baltimore Coin and Collectibles Expo on March 31, 2016. Larger than the regular-edition Red Book, and with more pages, Mega Red retails for $49.95. It can be ordered online (including at Whitman.com) […]

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ICTA: David Crenshaw Recognized for Service to Numismatic Hobby

By Industry Council for Tangible Assets…. At the Georgia Numismatic Association’s (GNA) annual banquet on April 16, special guest and American Numismatic Association (ANA) president Jeff Garrett recognized an individual who has made numerous contributions to the hobby and to the American Numismatic Association: “When David Crenshaw was 10 years old, he picked out his […]

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American Numismatic Association Launches Membership Drive

Encapsulated ANA 125th Anniversary Silver Eagle Premium Offered Collectors who have been on the fence about joining the American Numismatic Association (ANA) now have an additional reason to sign up. The ANA is offering a limited-edition Mint State (MS)-69 American Silver Eagle for new members who join at the Platinum level. The Silver Eagle premium, […]

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What are Proof Coins Anyway?

By Jeff Garrett for Numismatic Guaranty Corporation….   Two of the most basic terms that anyone new to numismatics needs to understand are Business Strike and Proof. Business strike coins are those made by the mint for general circulation. Proof coins are the numismatic delicacies struck for collectors each year. In general, business strike coins […]

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Gobrecht Silver Dollars – The Most Misunderstood Coin

1836 C. GOBRECHT name below base, stars in obverse field, plain edge. Die alignment: eagles flies level, coin turn and eagle flies level medal turn. Judd-58 By Jeff Garrett for Numismatic Guaranty Corporation…. The Gobrecht Silver Dollar is a complicated yet fascinating series. At first glance many would think that the Gobrecht Silver Dollar series […]

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ANA Board of Governors Approves $5.63 Million Budget for FY 2015-2016

At its Oct. 30-31 meetings in Colorado Springs, Colo., the American Numismatic Association (ANA) Board of Governors passed a $5.63 million budget, set the stage for a fund development initiative, and discussed opportunities to grow the nonprofit organization’s membership and provide additional educational options. The ANA will use 4.66 percent of its investment principal – […]

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Eye Appeal Rules Current Rare Coin Market

By Jeff Garrett for Numismatic Guaranty Corporation…. The market has become nearly obsessed with eye appeal and quality. The rare coin market evolves over time and many series come and go out of fashion. In the 1960s, BU Rolls and Proof Sets were all the rage. In the 1980s, generic gold coins dominated the interests […]

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Samuelson Elected PNG President, Other ICTA Members Honored

By Industry Council for Tangible Assets…. American Gold Exchange president and long-time Industry Council for Tangible Assets (ICTA) member Dana Samuelson has been elected as the 2015–2017 president of the Professional Numismatists Guild (PNG). In an August 24 press release from PNG, Samuelson said: “As president, I look forward to continuing the initiatives we’ve begun […]

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National Money Show Host Cities, More Discussed at ANA Board Meeting

Site selection for the 2018 and 2019 National Money Shows was the major topic of discussion by the American Numismatic Association’s (ANA) newly inducted Board of Governors at its regular meeting on Saturday, August 15, at the Chicago World’s Fair of Money held at the Donald E. Stephens Convention Center. Potential host cities for the […]

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Coin Collecting Strategies – Avoiding Failure In Numismatics

By Jeff Garrett for Numismatic Guaranty Corporation…. When deciding on a coin set to collect, consider the costs involved in obtaining each coin in the series. When I began collecting decades ago, my first goal was to complete a set of 1941 to date Lincoln Cents. I lived in Florida at the time and locating […]

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Ellsworth, Kagin, Montgomery Join ANA Board of Governors

Jeff Garrett to become ANA’s 59th president at World’s Fair of Money Voting members of the American Numismatic Association (ANA) have chosen three new candidates and six incumbents to the ANA Board of Governors for the 2015-17 election term. New members Steve Ellsworth, Donald Kagin and Paul Montgomery will join Walter Ostromecki, Greg Lyon, Ralph […]

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Coin Collecting Strategies – Collecting By Die Variety

By Jeff Garrett for Numismatic Guaranty Corporation…. There is no right or wrong decision when it comes to deciding which varieties should be collected when assembling a set of rare coins. In the last several months a client of mine has become quite involved collecting Morgan Silver Dollars. This client is quite studious and has […]

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Operating in a Changing Numismatic Marketplace

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. With the world and rare coin market continually changing, every collector, dealer, and investor should try to understand what tools are available to make sound purchase and sales decisions. A few days ago I was reading the latest issue of Coin World and noticed an […]

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Why Are NGC Certified Coins in “Old Holders” In Such Demand?

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. Many of the early graded NGC coins are highly sought after by dealers and collectors.During the recent Baltimore show, one of the dealers had on display an example of the infamous “Black NGC” holders. The holders date from the very beginnings of […]

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An Honest Man: ANA National Money Show Attendee Turns in Rare Gold Coin

When he realized he misplaced a nearly $60,000 coin during dealer set up at the American Numismatic Association’s National Money Show in Portland, Oregon, Brian Hendelson became frantic. Hendelson, owner of Classic Coin Company in Bridgewater, New Jersey, was reunited with it the next morning. The quick, happy ending resulted from the honesty of a […]

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CoinWeek Weekly Coin Market Report – March 7, 2015 – Video: 10:05.

CoinWeek Editor Charles Morgan and Executive Producer David Lisot report from Portland, Oregon, site of the American Numismatic Association’s National Money Show. Topics discussed include the upcoming D. Brent Pogue Collection sale by Stack’s Bowers (Charles gets his hands on two amazing Pogue early U.S. quarters), the newly launched modern coin certification service “QA Check”, […]

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Jeff Garrett on NGC Details Grading: It’s All in the Details

By Jeff Garrett for Numismatic Guaranty Corporation….   Common causes for Details Grading are cleaning, artificial toning, scratches, environmental damage and repair (or damage) to the submitted coins. For the first 20 years or so that NGC graded coins, any pieces submitted that were deemed unacceptable for certification were returned in a plastic sleeve. These […]

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ANA Offers Free Appraisals at Portland National Money Show

Public can learn value of numismatic items on March 7 and enjoy free admission Members of the public can receive a free, educational appraisal on up to three coins or other numismatic items on the final day of the 2015 National Money ShowSM, held March 5-7 at the Oregon Convention Center in Portland. Admission to […]

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Coin Collecting – Set Building – American Gold Eagles

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. Collecting American Gold Eagles is an attractive endeavor for a lot of numismatists. My last article examined the fascinating phenomenon of the annual rush for American Silver Eagles that occurs in January. As mentioned, thousands of collectors are actively involved in the series. A set […]

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American Silver Eagle Season Begins

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. Silver Eagles are now collected by more people than about any other series on the planet. In recent years an annual tradition in the numismatic world has begun at the beginning of every calendar year. Starting in January the U.S. Mint commences delivery of United […]

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Rare Coin Markets – Top 10 Numismatic Predictions For 2015

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. For most dealers and collectors, 2014 has been an exciting and successful year. Several great collections were sold at auction, and were, for the most case, fully absorbed by the marketplace. The Eric Newman and Eugene Gardner collections presented many collectors with […]

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Learning to Grade Coins

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. To fully appreciate a series or become a successful collector, understanding the basics of coin grading is very important. Not too long ago, the American Numismatic Association (ANA) concluded two weeks of educational seminars in Colorado Springs. These annual events, which are […]

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Learning to Grade Coins

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. To fully appreciate a series or become a successful collector, understanding the basics of coin grading is very important. Not too long ago, the American Numismatic Association (ANA) concluded two weeks of educational seminars in Colorado Springs. These annual events, which are […]

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The Great Numismatic Sales of the Past – Part Two

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. To read Part One of Jeff’s series on great numismatic sales, click here. … The four sales of the Garrett Collection held from 1979 to 1981 were of staggering importance to numismatics.   Last week, Heritage Auctions announced that the unparalleled collection of United States Colonial […]

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Great Numismatic Sales of the Past

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. It is highly recommended to examine great numismatic sales of the past when given the opportunity.  On November 14 and 15, the fifth installment of the famed collection belonging to Eric P. Newman will be sold in New York City. The sale features another incredible […]

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The Future Of Numismatics

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. We all have a stake in making sure there are more coin collectors in the future. A few weeks ago, I spent several days in Colorado Springs visiting the American Numismatic Association (ANA) headquarters. The focus of the visit was to help […]

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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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First Read: 100 Greatest U.S. Modern Coins, Third Edition

First Read, a CoinWeek continuing series of essays about classic and contemporary works of numismatic literature… Essay by Louis Golino for CoinWeek…. 100 Greatest U.S. Modern Coins, Third Edition by Scott Schechter and Jeff Garrett For a number of years now Whitman Publishing has issued various books that identify and discuss the 100 greatest coins […]

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Coin Collecting Strategies: Rarity Wins In The Long Run

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. Buy the best you can afford and focus on rarity whenever possible. The recently announced sale of the Pogue collection brought back memories of the 1982 auction sale of the Eliasberg gold coin collection. Several of the most spectacular pieces in the […]

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Coin Collecting: Changing Trends in Numismatics-A Brief History

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. The market for modern coins has exploded in the last decade. Coin collecting habits in the United States have continued to evolve since the hobby became popular in the late 1850s. Large cents became sought-after when the large format was discontinued. Many […]

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