October 27, 2021
Industry
News
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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Newly-Discovered New England Shilling from 1652 Estimated to be Worth Over $300,000
Oct 21 — The incredible discovery will be offered at online auction online by Morton & Eden in London on Friday 26 November 2021.
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PCGS Names Stephanie Sabin Permanent President
Oct 20 — Sabin served as PCGS interim president and has more than 15 years of experience at the company.
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A Word Regarding USPS Mailing Delays and the Greysheet
Oct 19 — Due to the delays CDN can no longer send free replacements of the Greysheet but there are other options...
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New 1854 Period 1 California Fractional Gold Dollar Variety Discovered
Oct 12 — A new die variety of California Fractional Gold Dollar has been discovered by Ken Glickman, an avid collector and researcher of California Fractional Gold for more than two decades.
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Finest Known 1893-S Shatters Auction Record for a Morgan Silver Dollar
Oct 2 — On Sunday, August 29, 2021, GreatCollections reported that they sold the finest known 1893-S Morgan silver dollar in an online-only auction for $2,086,875. This coin was PCGS graded MS67 before 2005 and CAC approved in 2008. The result is a public sale record for any Morgan silver dollar.
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How the Rare Coin Business has Changed
Oct 1 — I have had a pretty long-term view of the bullion and rare coin markets and I marvel at where we are today and how we got here. I also marvel at how adaptable the dealers and the markets are.
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Activity Across the Market (October 2021 Greysheet)
Oct 1 — It is clear that this has already been a stellar year for ultra rarities. The tremendous amount of million-dollar-plus coins that have sold this year has been a very welcome turn of events that actually started late last year.
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Publishers Message & Letters to the Editor (October 2021 Greysheet)
Oct 1 — In these pages you will not find any commentary outside debates of valuation, whose coin is finest known and the like, and this is one of the many aspects I love about this job.
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Gorgeous Gold Coin Bridges the Gap Between Art and Numismatics
Sep 28 — Many collectors and art enthusiasts have heard the story about how President Teddy Roosevelt so hated the coin designs that were in circulation during his day that he wrote to Treasury Secretary Shaw "I think our coinage is artistically of atrocious hideousness."
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Time Flies With Amazing Continental Dollar
Sep 26 — The Continental dollar, one of the most storied and researched coins in American numismatics for more than two centuries, continues to be among the most enigmatic relics of the colonial American era.
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Ryder Suddenly Out as Director of the U.S. Mint
Sep 25 — In a surprise announcement, the U.S. Treasury Department has announced the resignation of David Ryder, effective October 1. Alison Doone to take over duties as Acting Director.
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Legend Rare Coin Auctions Renews Sponsorship of PCGS Members Only Shows
Sep 22 — The longstanding partnership between Professional Coin Grading Service and Legend Rare Coin Auctions continues as the New Jersey boutique coin firm renews its sponsorship of the PCGS Members Only Coin Shows.
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Legend Numismatics Buys Eliasberg 1894-S Dime For $1.8 Million, Now In Bruce Morelan’s Collection
Sep 21 — An 1894 San Francisco Mint silver dime that once belonged to a legendary collector known as “The King of Coins” has been acquired by Legend Numismatics of Lincroft, New Jersey for $1.8 million.
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Stack’s Bowers Galleries Sets Record for the Most Valuable Proof With Motto Saint-Gaudens $20
Sep 16 — A Gem Proof 1913 double eagle realized $336,000 in the Stack’s Bowers Galleries August 2021 ANA Auction, setting a new record as the most valuable Proof With Motto Saint-Gaudens double eagle ever sold at auction.
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$51+ Million August Sales for GreatCollections, New Company Record...
Sep 10 — August officially ended as the best month in GreatCollections' 10-year history, with total sales over $51 million. $16 million of that was through the five weekly auctions, while $35 million were coins sold to private clients at a fixed price.
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Stack's Bowers Galleries Achieves Tremendous Success in ANA World’s Fair of Money Auction
Sep 7 — In what has already been a banner year for the firm, Stack’s Bowers Galleries is excited to announce the results of their cornerstone summer sale—the 2021 Official Auction of the American Numismatic Association World’s Fair of Money.
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Over $31 Million in U.S. Coins Sold in the Stack’s Bowers Galleries August ANA Auction
Sep 4 — The newly-discovered 1794 Flowing Hair dollar earned the second strongest price of the August sale at $840,000.
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Activity Across the Market (September 2021 Greysheet)
Sep 1 — A good measure of strength for any market is the number of participants. While we have discussed the many positives of the current rare coin market in past issues, it has been very encouraging to see the level of market-making from many dealers.
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Publishers Message (September 2021 Greysheet)
Sep 1 — Dealers need inventory, and they need depth. CDN Exchange provides the industry's top tools for dealers.
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Multi-Million Dollar Coins Make Auction History
Aug 28 — Not long ago, the sale of a single coin for more than one million dollars was especially newsworthy. Last week, five U.S. coins each realized more than $2 million!
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