Want to know what’s going on in the inside world of
rare coins? The following is a newsletter from a colleague
who is a part of the wholesale rare coin market and
who does many millions of dollars a year in rare coins
who is describing an auction in the art world and
the direction of the numismatic marketplace, particularly
when referring to the great rarities.
Speaking of which, have you
sold off the duplicates and coins that have not made
you happy in order to trade for coins that will make
you happy? Need some help? Write or call me, I’ll
do my best to get you positioned where you are happy.
Sells for $179.4 Million
Sculpture Sells for $141.3 Million!!
There is little doubt that the world’s greatest
pieces of art have been on the rise. Tonight, history
was set as a Picasso painting sold for a staggering
$179,400,000 at auction in New York. During the SAME
SALE, an Alberto Giacometti Sculpture of the “Pointing
Man” sold for $141,300,000!
There IS money out
there, and that money is finding its way into coins,
the greatest masterpieces of the United States Mint
and its engravers and the HISTORY OF MONEY…
There are two coins
in the Pogue Collection which are expected to sell
for astonishing $10,000,000 sums. But is that so astonishing?
So astonishing in a world in which paintings are selling
for not 7 figures…not 8 figures…but 9
If a stickman figure
can sell for $141.3 Million, what is the future for
rare coins? They represent the history of our nation
and of commerce, and in many instances only a few
are known of each specimen and some are unique.
Rare Coins have been
regarded as the KING OF HOBBIES for generations. In
a world full of bank wires, credit cards and other
electronic means of exchange, rare coins remain the
history of global commerce. And for people WITH MONEY,
there is no greater progression than to acquire the
very HISTORY OF IT!!
We’ve come a
long way, but there’s still much work to do.
With your help, we can turn rare coins into the hobby
of all people from all walks of life and from all
economic backgrounds. When auctions such as these
occur, I can’t help but become invigorated about
the future of the rare coin market and what could
be had with more of your enthusiasm!
If you’ve been
looking to put your clients into rare coins and haven’t
quite figured out how, give us a call.
We are here to help
you acquire a tangible piece of history, an artwork
that can never be replicated, federally authorized
by the stars and stripes by master artisans of the
highest order that have given their precious art for
free to live on the coins that have circulated throughout
history and during every major moment from America’s
birth to present.