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CoinWeek
#1 Online Source of Numismatic Information and News
Category: Hobbies
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July 19, 2018 11:06 AM PDT

This week on the CoinWeek Podcast, former Coin World editor and head of ICTA’s Anti-Counterfeiting Taskforce Beth Deisher joins us to talk about the pernicious threat that counterfeit coins pose to the coin industry.

Counterfeit coins have been a fact of life since ancient times, but today’s counterfeiters operate sophisticated factories, have a global reach, and are more motivated than ever to disrupt the marketplace for rare coins and bullion coins. The presence of these counterfeits already calls into question people’s trust in collectible and investment grade coins. If left unchecked, an explosion of fake coins could have a devastating and last effect.

What is being done about it?

We ask Beth Deisher to take us beyond the headlines and drill deep into the grim reality facing our market and hobby. We talk about scattershot enforcement, the lack of expertise on the part of law enforcement, and go over a few of the small victories that the ACTF has earned in the past year.

If you care about the issue, you will find this highly-informative Podcast illuminating.

***

The CoinWeek podcast has a new sponsor!

If you have paid attention to the rare coin market or read our analysis of major coin sales in recent years, you know how CAC has changed the landscape for certified coins.

Folks, its true that he grading services do fantastic service for our hobby... but in a market where originality, quality, and strict grading standards matters you need to know that the coins you by meet a higher standard.

And coins certified by CAC have consistently brought more money at auction than coins without.

So before you buy, do your homework and look for the green bean on the holder.

It could make all of the difference between buying a coin that will hold its value, or even make you money, and buying a coin that might have problems not immediately evident with the grade.

CoinWeek is the #1 website online for news and information about numismatics. The CoinWeek Podcast was the 2016 and 2017 NLG Winner for Best Audio Program. CoinWeek has also won the NLG Award for best numismatic website 5 years running! Copyright © CoinWeek 2018 COINWeek is the most advanced independent on-line media source for print and video Rare Coin and Currency news; with analysis and information contributed by leading experts across the numismatic spectrum. More news and videos about coin collecting at CoinWeek.

July 11, 2018 07:52 PM PDT

John W. Adams is a consummate collector and numismatic scholar, whose focus over many decades of activity has included studies into United States large cents, numismatic pedigree, U.S. and world medals, and in-depth research into the American numismatic auctions of the 19th and early 20th centuries.

On July 14, 2018, numismatic booksellers Kolbe & Fanning will offer an important section of Adams' numismatic library at auction. The Adams' library is noteworthy, not only for its connection to Adams and his research, but also because the Adams collection contains many rare and valuable pieces, many which have not been seen on the market for decades.

In this episode of the CoinWeek podcast, returning guest David Fanning joins Charles Morgan to discuss the Adams library, why it is so important to the hobby to retain knowledge about the key dealers and major auctions of the past, and what Adams found in these many volumes that changed our understanding of the early days of coin collecting in the United States.

*** This CoinWeek podcast is brought to you by PCGS. PCGS has just introduced a new app for customers to check the status of their order and see their grades. It's called PCGS My Account. Visit PCGS dot com to get started. CoinWeek is the #1 website online for news and information about numismatics. The CoinWeek Podcast was the 2016 and 2017 NLG Winner for Best Audio Program. CoinWeek has also won the NLG Award for best numismatic website 5 years running! Copyright © CoinWeek 2018 COINWeek is the most advanced independent on-line media source for print and video Rare Coin and Currency news; with analysis and information contributed by leading experts across the numismatic spectrum. More news and videos about coin collecting at CoinWeek.

June 20, 2018 06:37 AM PDT

A little more than thirty years ago, a coin dealer from California and a close circle of his dealer friends, bestowed new life upon the rare coin market with the introduction of a market-acceptable third party grading service.

But there is far more to the story of the early days of PCGS than what you know and the industry as we know it today was built because of and in spite of the ideas that went into the creation of the company.

We talk to two men who know more about it than anybody else, PCGS founders David Hall and John Dannreuther.

I ask them what they got right and what they got wrong with the concept behind PCGS and whether the industry as we know it today would even be recognizable to them back when they launched the company.

It’s an interesting 40-minute conversation and it’s coming up next on the CoinWeek Podcast…

*** This CoinWeek podcast is brought to you by PCGS. Travel back in time to the emergence of the premier third-party coin grading company. For limited time, collectors can secure their coins with throwback versions of the first four PCGS label generations. Visit PCGS dot com slash generation series to get started. CoinWeek is the #1 website online for news and information about numismatics. The CoinWeek Podcast was the 2016 NLG Winner for Best Audio Program. CoinWeek has also won the NLG Award for best numismatic website 5 years running! Copyright © CoinWeek 2018 COINWeek is the most advanced independent on-line media source for print and video Rare Coin and Currency news; with analysis and information contributed by leading experts across the numismatic spectrum. More news and videos about coin collecting at CoinWeek.

June 11, 2018 12:07 PM PDT

This week on the CoinWeek Podcast, CoinWeek editor Charles Morgan has an in-depth conversation with coin dealer Rob Oberth, owner of Oberth Rare Coins & Currency in Marietta, Georgia, and founder of the facebook group Coin Dealers Helping Coin Dealers.

We’ve followed this dealer to dealer trading group since its infancy and watched it grow to an active trading group with hundreds of active dealer participants. Coin Dealers Helping Coin Dealers is an social media trading and communication group that connects local dealers to other dealers from across the country, establishing a venue for the real-time appraisal and sale of merchandise as it comes through the door.

It is, if you will, an opportunity for instant capitalization and sale of rare and not so rare coins.

The Coin Dealers Helping Coin Dealers group has created quite a buzz at many a coin show and many private conversation we’ve had with dealers over the course of the past year, which informs us that this group has real potential to add a dynamic element to the back end of the coin industry, which for smaller localized dealers, has been sorely lacking.

How does this group impact you as a collector? We’ll ask Rob and find out… next on the CoinWeek Podcast.

*** This CoinWeek podcast is brought to you by PCGS. Travel back in time to the emergence of the premier third-party coin grading company. For limited time, collectors can secure their coins with throwback versions of the first four PCGS label generations. Visit PCGS dot com slash generation series to get started. CoinWeek is the #1 website online for news and information about numismatics. The CoinWeek Podcast was the 2016 NLG Winner for Best Audio Program. CoinWeek has also won the NLG Award for best numismatic website 5 years running! Copyright © CoinWeek 2018 COINWeek is the most advanced independent on-line media source for print and video Rare Coin and Currency news; with analysis and information contributed by leading experts across the numismatic spectrum. More news and videos about coin collecting at CoinWeek.

May 20, 2018 10:15 AM PDT

The world mints create thousands of collector coins each year, many push the limit of what we have long considered the definition of coin and good taste.

In the US, however, the same staid process that has culminated in a generation of boring coin design continues apace.

How can the CCAC, the CFA, Treasury, and the Mint's most talented artists combine to create coins that often leave collectors wanting?

Former CCAC Chair Gary Marks returns to the CoinWeek Podcast and provides illuminating commentary on where the process might be going wrong, while CoinWeek editor Charles Morgan tries to put together his thoughts on how to make things better.

*** This CoinWeek podcast is brought to you by PCGS. Travel back in time to the emergence of the premier third-party coin grading company. For limited time, collectors can secure their coins with throwback versions of the first four PCGS label generations. Visit PCGS dot com slash generation series to get started. CoinWeek is the #1 website online for news and information about numismatics. The CoinWeek Podcast was the 2016 NLG Winner for Best Audio Program. CoinWeek has also won the NLG Award for best numismatic website 5 years running! Copyright © CoinWeek 2018 COINWeek is the most advanced independent on-line media source for print and video Rare Coin and Currency news; with analysis and information contributed by leading experts across the numismatic spectrum. More news and videos about coin collecting at CoinWeek.

May 09, 2018 02:13 PM PDT

In this episode of the CoinWeek Podcast, we talk to John Kraljevich. Noted expert on US Coins, Americana, a fellow alumnus of the University of Virginia, and also a candidate for the State House of South Carolina in district 26. John and I talk about cataloging the great coins in the American federal series; what his area of specialty - Americana - says to us about the American experience; and how we can take a true and accurate understanding of the hardships and struggles of each generation to truly appreciate the awesome responsibilities we carry to make this a wonderful country to live in and preserve.

*** This CoinWeek podcast is brought to you by PCGS. Travel back in time to the emergence of the premier third-party coin grading company. For limited time, collectors can secure their coins with throwback versions of the first four PCGS label generations. Visit PCGS dot com slash generation series to get started. CoinWeek is the #1 website online for news and information about numismatics. The CoinWeek Podcast was the 2016 NLG Winner for Best Audio Program. CoinWeek has also won the NLG Award for best numismatic website 5 years running! Copyright © CoinWeek 2018 COINWeek is the most advanced independent on-line media source for print and video Rare Coin and Currency news; with analysis and information contributed by leading experts across the numismatic spectrum. More news and videos about coin collecting at CoinWeek.

April 26, 2018 12:00 PM PDT

Better known in the wider hobby by the nom de coin “R. Tettenhorst” (which was actually the name of his secretary, to whom his packages were addressed), Bernard Edison--“Bunny” to his friends--carefully assembled his collection over a lifetime of business and civic success in the St. Louis, Missouri area. A member of the Edison family of Edison Brothers Stores fame, Bernard was born on March 23, 1928. Having graduated from Harvard University in 1949, Bernard then studied at Harvard Business School - even though he could have earned a PhD in mathematics instead.

And despite his prestigious education, Bernard served his country during the Korean War as a lieutenant in the U.S. Air Force.

Joining the family business, Bernard had become president of the company by the early 1970s. Edison Brothers Stores already had been expanding into different areas of the shoe and retail markets for over a decade, and under Bernard’s leadership the company continued to grow and expand - operating about 2,000 retail locations by the end of the ‘70s and achieving over $1 billion in sales by the mid-’80s. He stepped down in 1987 but continued to advise the company as a new generation of the family took over.

It might be worth noting that fellow St. Louis coin collector (and Edison’s relative through marriage) Eric P. Newman worked as an executive vice president at the company during this same time period.

Bernard also served on the corporate boards of several other companies, including Anheuser-Busch, General American Life Insurance Company, Mercantile Bancorporation, and Reinsurance Group of America. He also played an important role in many civic and philanthropic organizations over the course of his life, including BJC Health System, Civic Progress Inc., the Harry Edison Foundation, the Jewish Hospital of St. Louis, St. John’s Mercy Medical Center, and the United Way of Greater St. Louis. Bernard is also remembered for his patronage of the arts and the restoration of the old Edison Brothers warehouse in downtown St. Louis.

As a collector, Edison is famous for what is commonly called the “Missouri Cabinet” of U.S. Half Cents, one of the greatest collections of copper half cents ever assembled. Edison himself named it the “Davy Collection” after his youngest son (who is said to have worn a shirt that said “I’m Davy” to the sales), though it has come to be known best by the aforementioned name given to it by the late numismatist Walter Breen. The collection was auctioned publicly by the Goldbergs on January 26, 2014 at the Long Beach Expo.

Bernard Edison died on April 18, 2018. He is survived by his wife Marilyn Sue (née Wewers); his children Julie, Robin, Peter and David; and two grandchildren Jack and Benjamin. A memorial service was held at Temple Emanuel in St. Louis on Sunday, April 22.

(c) 2018 CoinWeek, LLC.

April 25, 2018 09:22 AM PDT

This week on the CoinWeek Podcast, we talk to Daniel Frank Sedwick, numismatist, auctioneer, and owner of Daniel Frank Sedwick, LLC, the premier seller of cob and shipwreck coins in the United States. On May 15, Sedwick’s will auction a unique and historical regulated gold cob struck in Peru. We talk about the significance of this coin, cob coinage, what it’s like to collect in literal Treasure.

*** This CoinWeek podcast is brought to you by PCGS. Travel back in time to the emergence of the premier third-party coin grading company. For limited time, collectors can secure their coins with throwback versions of the first four PCGS label generations. Visit PCGS dot com slash generation series to get started. CoinWeek is the #1 website online for news and information about numismatics. The CoinWeek Podcast was the 2016 NLG Winner for Best Audio Program. CoinWeek has also won the NLG Award for best numismatic website 5 years running! Copyright © CoinWeek 2018 COINWeek is the most advanced independent on-line media source for print and video Rare Coin and Currency news; with analysis and information contributed by leading experts across the numismatic spectrum. More news and videos about coin collecting at CoinWeek.

April 17, 2018 09:04 AM PDT

Distinguished numismatist Pat Heller joins Charles Morgan for this episode of the CoinWeek Podcast.

Pat has always strongly advocated that people diversify their holdings with some amount of precious metals, but in the Age of Trump, will we see the political and economic winds change, making Americans more secure in the "full faith and credit" of the U.S. government?

Or, should stackers continue to stack regardless of which party holds power?

We also talk about why the U.S. Mint can't seem to gin up demand for its bullion coins the past two years and how China might have figured out a great way to get people into coins through sales channels in their banking system.

Should America follow their lead?

All this and more in this entertaining half hour chat with Pat.

Any precious metals advice given by Charles Morgan or Pat Heller is intended for entertainment purposes only. Before investing in any asset class, be sure to do your homework first.

*** This CoinWeek podcast is brought to you by PCGS. Travel back in time to the emergence of the premier third-party coin grading company. For limited time, collectors can secure their coins with throwback versions of the first four PCGS label generations. Visit PCGS dot com slash generation series to get started. CoinWeek is the #1 website online for news and information about numismatics. The CoinWeek Podcast was the 2016 NLG Winner for Best Audio Program. CoinWeek has also won the NLG Award for best numismatic website 5 years running! Copyright © CoinWeek 2018 COINWeek is the most advanced independent on-line media source for print and video Rare Coin and Currency news; with analysis and information contributed by leading experts across the numismatic spectrum. More news and videos about coin collecting at CoinWeek.

April 10, 2018 05:34 AM PDT

While coin conventions focused on U.S. coins have stagnated in recent years, one area of the coin show circuit has continued to thrive: ancient and world coin shows. Whether its the New York International Numismatic Convention or the upstart Chicago Coin Expo, collectors of ancient and world coins see many benefits from buying coins in person and meeting with dealers and fellow collectors.

In this episode of the CoinWeek Podcast, we talk to Chicago-based dealer Aaron Berk about what makes this segment of the market different and how changes in cultural property laws fundamentally misunderstand the role collectors play in preserving history.

***

This CoinWeek podcast is brought to you by PCGS. Travel back in time to the emergence of the premier third-party coin grading company. For limited time, collectors can secure their coins with throwback versions of the first four PCGS label generations. Visit PCGS dot com slash generation series to get started. CoinWeek is the #1 website online for news and information about numismatics. The CoinWeek Podcast was the 2016 NLG Winner for Best Audio Program. CoinWeek has also won the NLG Award for best numismatic website 5 years running! Copyright © CoinWeek 2018 COINWeek is the most advanced independent on-line media source for print and video Rare Coin and Currency news; with analysis and information contributed by leading experts across the numismatic spectrum. More news and videos about coin collecting at CoinWeek.

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