April 10, 2021
Industry
News
Vital rare coin & paper money industry updates
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ICTA is Rebranding Itself as the National Coin & Bullion Association
Apr 6 — Big News. After 36 years, we are releasing a new brand identity, which includes a new name, logo, and website.
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Heritage Auctions Records More Than $873 Million in Total 2020 Sales
Feb 19 — Total sales at auction surpassed $638 million. More than $504 million (nearly 79 percent) of the firm’s worldwide auction volume alone was purchased via internet bidding in 2020, a new record. A significant portion of Heritage’s 2020 private sales, which exceeded $235 million, also occurred online.
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Silver Rush Creates Silver Scams
Feb 11 — Anti-Counterfeiting Educational Foundation warns of surge in fake “silver” coins offered online
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Washington State Coin Dealer Dan Duncan Receives Service Award
Feb 8 — The Diane Piret Memorial Outstanding Service Award was awarded to Mr. Duncan for his continuous dedication and financial contributions to maintaining Washington State’s sales-tax exemption on sales of collector coins, bullion coins, and bullion.
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Bid on Gold and Silver with the Stack’s Bowers Galleries Precious Metals Auctions
Feb 7 — Increased demand for physical bullion has drained the inventories of precious metals dealers around the world, leaving collectors and investors unable to reliably grow their portfolios. Stack’s Bowers Galleries provides a consistent resource for gold and silver bullion through their Precious Metals Auctions.
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Retail Day-Traders Turn their Sights to Silver
Feb 1 — At the market open on Sunday, the spot silver market spiked, a move that was largely anticipated as silver was touted as the next target of the retail day-trading masses. We could be in for a wild ride for a few weeks.
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Activity Across the Market: Precious Metals or Bitcoin? (February 2021 Greysheet)
Jan 29 — CDN Editor, Patrick Ian Perez, lays out his thoughts on precious metals versus bitcoin in the February Greysheet.
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US Mint Announces 5-Year Platinum Proof Coin Program
Jan 26 — Today, the United States Mint unveiled coin designs and releases for the first coin in the new platinum proof coin series.
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Newman Numismatic Portal Announces Second NNP Symposium, March 19-21, 2021
Jan 6 — As large-scale numismatic conventions continue to be cancelled, this event will provide a virtual “fix” of numismatic content and allow collectors to view programs on any number of topics, or to present on their own favorite subjects.
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NGC Certifies Enormous Gold Coins Celebrating the Year of the Rat
Dec 15 — Together, the coins contain over $700,000 USD in gold, but their numismatic value is significantly greater.
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Anti-Counterfeiting Educational Foundation Helps Rid Marketplace of $1+ Million of Fakes in 2020
Dec 10 — Funded only by donations, the nonprofit ACEF worked with law enforcement agencies in 2020 to protect collectors, dealers and the general public by removing counterfeits from the marketplace.
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ICTA Announces David Crenshaw as New Executive Director
Dec 8 — Jimmy Hayes will step down as executive director at the end of the year, and David Crenshaw will take over the role on January 1, 2021.
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NGC Experts Join Anti-Counterfeiting Educational Foundation Team to Fight Fakes
Dec 7 — Numismatic Guaranty Corporation is now ACEF’s official authentication service.
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Some American Silver Eagles Are Worth 100x Their Silver Value: Here’s What to Look For
Dec 4 — Good news to collectors and investors of silver and modern coinage. There are a number of American Silver Eagles worth thousands more than just their silver content. Here is what to look for.
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Mayflower 400th Anniversary Products Available from the US Mint on November 17
Nov 17 — This program recognizes the 400th anniversary of the Mayflower voyage, which departed England in September 1620 and, after a tumultuous two-month journey, reached the shores of Cape Cod, in present day Massachusetts that November.
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NGC Special Designations and Labels for End of WWII 75th Anniversary Gold and Silver Eagles
Nov 4 — To celebrate the 2020-W V75 Gold and Silver Eagles, Numismatic Guaranty Corporation® (NGC®) is providing its bold V-Day Special Label for no additional fee by default for all submissions. The NGC Early Releases and First Releases designations and labels are also available.
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Activity Across the Market (November 2020 Greysheet)
Oct 30 — A monumental amount of auction activity looks to be the defining characteristic of the final few months of 2020. The size and quality of the material making its way to the auction stage in the final months of the year stand quite a bit higher than the previous nine months.
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Hefty, Historic Gold Bar Highlights November Auction
Oct 28 — Heritage Auctions will be selling a great piece of shipwreck history as part of the November US Coin Auction #1321. The S.S. Central America shipwreck occurred in the 1850s and forever changed numismatic history.
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Gold Dealers Seeing New Buyers While Some Earlier Buyers Are Now Selling
Oct 22 — “If you don’t know gold, you’d better know your gold dealer,” cautions the leader of the Accredited Precious Metals Dealer program of the Professional Numismatists Guild.
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Texas Bullion Depository Security Officials Learn About Numismatic Fakes
Oct 6 — Anti-Counterfeiting Educational Foundation and U.S. Treasury OIG conduct educational seminar
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Activity Across the Market (October 2020 Greysheet)
Oct 2 — It’s certainly an exciting time to be a coin dealer.
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