I’M BUYING!!

I can pay top dollar for the following:

All US Coins Including:

Flying Eagle, Indian Head and Wheat back Cents,

“V” and Buffalo Nickels,

 Pre-1965 silver dimes, quarters and half dollars of all designs and grades; U.S. Mint and Proof Sets

Morgan & Peace Dollars

All Gold Coins,  Patterns,

Old US Currency,

Foreign Coins/Currency

Watches, Diamonds

Famous autographs

 

CALL

(800-334-3325)

Customized Numismatic Portfolios

CALL TOLL FREE  800-334-3325              E-Mail: NoFreeLunch@earthlink.net

à          Rare Date Gold—Ready to Boom

à          Rare Coins and the Economy

à          Updated Judd Pattern Book

à          Collectible Currency—the New Hot Area?

à          US Mint Promotes Coin Collecting

 

For a FREE portfolio analysis, specific questions on the direction of the coin market, or to buy or sell coins, please call me, Lawrence Goldberg, toll free at

(800) 334-3325

Rare Coin Report © is published by Customized Numismatic Portfolios, 2219 West Olive Ave.  # 218, Burbank, CA  91506  e-mail:  Nofreelunch@earthlink.net

All Rights Reserved

(continued from page 2)                          

Collectible Currency (cont’d)

opinion by far the best areas for collecting with outstanding prospects for price increases are: National Bank Notes—old and beautifully rendered notes from regional banks mainly in the 1800’s; Large size currency—large bills of intriguing design and historical significance; and finally, early small sized currency, particularly larger denomination gold and silver certificates from the first half of the twentieth century.

      As with coins, collectors are sometimes  mesmerized by varieties, such as specific serial number (imagine a serial number of E 000000001, for example), or signatures from different individuals in government.  These can sometimes bring huge premiums.  However, many collectible notes require relatively simple research, where the value is based on the desirability of the design, along with the rarity and condition of the note itself.  It is a terrific area of collecting into which to diversify.

  As with pattern coins and rare date gold, I am, as of now, specializing in collectible currency.   I only ask that after you buy these and the price rises, you give me the first opportunity to buy them back.

 

 

 

What do you do if you find yourself owning a large accumulation of coins? Typically, this occurs when a coins are inherited, but often involves a situation where someone has loosely thrown change into large water bottles or boxes. On page two is a partial list of the type of coins likely to appear in accumulations.   Each collection is different, but certain steps should  always be taken in the following order:

 

1.  Sort coins

2.  List  coins

3.        Research and ask questions.

 

  Sorting before listing will save hours and a lot of aggravation. Once that is done, you are in a position to ask question about your accumulation.   In researching an accumulation, many people use the “Red Book” or the “Blue Book.”  While these can often point toward individual coins of value, prices in those annual publications rarely reflect the true market value of yours coins. I often find coins that are rare date, but because of damage, corrosion, rim nicks, or excessive wear are worth a small fraction of “book” value. NEVER be afraid to ask for clarification about individual coins.

  Some individual coins, of high value should be certified by PCGS or NGC. However, grading costs about $30 per coin. These costs can add up.  If used inappropriately they can significantly reduce your overall value. Consult a PCGS/NGC authorized dealer about which coins to grade.

  Probate professionals sometimes need a full collection evaluation. Most appraisers charge about $150 per hour.  Unless you need a written evaluation and have numerous uncertified coins of high value, this is an unnecessary expenditure.  Most reputable coin dealers will give you a free overview in the hope they will eventually do business with you. A pre-sorted collection makes it easier for the dealer to do free evaluations since it saves him time. 

  I generally do free evaluations if I know the individual is ready to sell, even if hours of work are involved in evaluating a non-sorted collection. It’s good business and saves sellers time and aggravation.  If, however, there are coins you intend to keep, pull them out BEFORE having the coin dealer look at them, or at least tell the dealer your intention up front.  Few things are more aggravating to dealers than spending long free hours pricing uncertified coins the seller does not intend to sell. 

  NEVER be afraid to ask questions.