October 27, 2021
Industry
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Vital rare coin & paper money industry updates
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Support Campaigns to Protect Your Business from State Greed
Oct 26 — In light of the Supreme Court’s South Dakota v. Wayfair decision, what would it mean for your business to be free of the burden of collecting sales tax on the coins, currency, and precious-metals bullion you sell?
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Anti-Counterfeiting Educational Foundation Helps Dealers at TNA Coin Convention 2021
Sep 8 — These are selections from the David Lisot Video Library that feature news and personalities from the world of coin collecting
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Gold At $1,897, Silver $28 At Year-End, Predicts Professional Numismatists Guild
Aug 31 — Experts predict a strong year-end gold will close for precious metals, and perhaps go higher before dropping back.
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Emily S. Damstra Creates the New Type II Silver Eagle Reverse Design
Aug 20 — Like many American coin designers, Emily S. Damstra has a name that is not as familiar to readers of the Greysheet as are her works.
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U.S. Mint American Liberty High Relief Gold Coin Available August 19
Aug 12 — The United States Mint (Mint) will accept orders for the 2021 American Liberty High Relief Gold Coin™ beginning on August 19 at noon EDT.
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United States Mint Opens Sales for Designer Edition American Eagle Gold Two-Coin Set On August 5
Aug 4 — The Mint will begin accepting orders at noon Eastern Time.
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Ohio Budget Bill Reinstates Investment Bullion and Coin Sales-Tax Exemption
Jul 7 — The Ohio 2022–2023 budget reinstates the sales-tax exemption for the purchases of investment metal bullion and investment coins that was eliminated in the previous budget.
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Scarce and Enigmatic Gold Bars Highlight June Auction
May 14 — The US Assay Office in New York City was once a bustling center for testing gold and turning it into something new -- like huge gold bars which are highly collectible and rare.
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United States Mint Offering 2021 Morgan and Peace Dollars in Three Pre-order Windows
May 8 — The United States Mint (Mint) today announced that the 2021 renditions of the classic Morgan and Peace Dollars will be available in three pre-order windows, beginning on May 24, June 1, and June 7, with each order window lasting two weeks.
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Arkansas Governor Hutchinson Signs Bill Providing Sales-Tax Exemption
May 4 — On May 3, 2021, Arkansas governor Asa Hutchinson signed into law Senate Bill 336, creating an exemption from the sales and use tax for coins, currency, and bullion.
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Florida Passes Economic Nexus and Marketplace Facilitator Law
Apr 27 — When the Supreme Court decided in favor of South Dakota in the 2018 case South Dakota v. Wayfair, the landscape for sales across state lines—using any form of communication, including but not limited to telephone, newspaper, mail, or Internet—changed.
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NGC-certified 2019 2 Kilo Silver ‘Una and the Lion’ Offered in First-Ever Sale
Apr 14 — An oversized rarity in a GreatCollections sale is attracting an appropriately large amount of interest.
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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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