Whitman Coin and Collectibles Expo One of the Country's Finest Shows!
Mar 20, 2015 - The Reeded Edge will be heading to Baltimore next week for the nation's major east coast coin show, The Whitman Coin and Collectibles Exposition held at The Baltimore Convention Center. With over 500 tabled dealers, this is also one of the most heavily trafficked of all coin shows. There should be an equal mix of dealers and general public, as Whitman does an extraordinary job of luring a multitude of smaller vest pocket dealers to this venue. Not to sing the indefinite praises of Whitman, but this show is so well run in so many different ways, that it could serve as a poster child for other coin show promoters around the country. Needless to say, we have high expectations for Baltimore. Both Rob and Robbie will be on hand throughout Saturday at their new and improved larger location, front, corner table #440. Please note: We have turned our old table over to our friends at Numismatic Assets, and table #448 will no longer be associated with our company.
We have just purchased two major collections valued in excess of a quarter million dollars, so our goal at this show is going to be to sell down from our diverse inventory of collector coins. This may be the single best opportunity of the year to buy coins from The Reeded Edge at true wholesale prices. We urge you to stop buy, pile up the coins and get out the checkbook as reasonable offers on significant purchases will all be seriously considered. If you thought it was easy doing business with us in the past, you are really going to be pleasantly surprised in Baltimore. Just look for the BUYING, BUYING, BUYING signs visible from just about any vantage point on the bourse floor, stop by the table, and let's do some business.
As you guessed from the introduction above, The Reeded Edge is going to have a lot of new material listed on our webstore over the next several weeks, including some world coins unlike anything that we have ever had in our company history. We also will have hundreds of U.S. collector coins coming back from the grading services, so there will be no shortage of our bread and butter collector material either. Just keep your eyes peeled on the New Store Items category, as the influx of coins should remain consistent for at least the next several weeks. This is going to be busy time for us, and we're looking forward to sharing the fruit of our efforts with our entire customer base. There should be something for everyone, and plenty to go around!
Through all of the ups and downs of the coin market, there has been one constant; The Reeded Edge remains serious about doing two-way business. Whether you're buying rare coins, selling rare coins, buying or selling gold or silver, or perhaps in the market for vintage toys or collectibles, few rare coin and collectibles firms have a greater presence in the marketplace than The Reeded Edge. Our open checkbook policy means that we want to buy anything from a valuable single item to an entire estate or collection. No deal is EVER too large, and we hate to say no. At The Reeded Edge, we really want to be your go-to rare coin dealer.
Please feel free to call our offices during normal business hours @ 301-724-0400, Robbie's cell after-hours @ 301-876-1332 or Rob's cell after-hours @ 240-422-0118 to discuss any matter of business or just tell us how we're doing. And of course, stay tuned for more great coins, along with further details of upcoming coin shows.
Highlight New Purchases
- 1797 Half Cent, 1 above 1, PCGS VF-35 - Medium brown color on this popular variety.
- 1804 Half Cent, Plain 4, No Stems, PCGS AU-53 - An original specimen with medium brown color and traces of verdigris in protected areas.
- 1857 Half Cent, NGC MS-63 BN - Chocolate brown with a pleasing look.
- 1871 Indian Cent, PCGS MS-63 RB - Mellow surfaces with ample RED popping through, especially on the reverse.
- 1882 Indian Cent, PCGS MS-65 RD, CAC Approved - Original orange red and spot-free.
- 1865 Two Cent Piece, PCGS MS-65 RD - Fiery red and a true GEM!
- 1887 Liberty Nickel, PCGS MS-65 - Very lustrous with a great strike.
- 1939 Jefferson Nickel, Double Die Reverse, PCGS MS-65+, CAC Approved - a blazing white headlight!
- 1831 Capped Bust Dime, PCGS AU-58 - Off white and problem-free.
- 1895-O Barber Dime, PCGS VF-30, CAC Approved - Original, problem-free and very nearly XF.
- 1918-D Mercury Dime, PCGS MS-65, CAC Approved - Blast white and a textbook GEM.
- 1939-D Mercury Dime, PCGS MS-68 FB, CAC Approved - Beautiful toning with unbelievable luster; the ultimate Mercury Dime.
- 1876 Twenty Cent Piece, NGC MS-61 - Pretty original toning and very high-end for the assigned grade.
- 1876-S Liberty Seated Quarter, PCGS MS-64 - A wholesome, lightly toned example of this centennial year quarter.
- 1923-S Standing Liberty Quarter, PCGS XF-40, CAC Approved - Evenly circulated, dove grey example with a strong date.
- 1928-S Standing Liberty Quarter, PCGS MS-66+, CAC Approved - Rich luster, original surfaces and absence of marks.
- 1929-S Standing Liberty Quarter, PCGS MS-66+, CAC Approved - Blazing luster with reverse toning. Pretty!
- 1807 Draped Bust Half Dollar, PCGS VF-35 - Original with some pretty toning, most notably on the reverse.
- 1934-D Walking Liberty Half Dollar, PCGS MS-65 - Lustrous white GEM.
- 1878-CC Morgan Dollar, PCGS MS-65 - White and frosty, just like CC dollars should be!
- 1887/6-O Morgan Dollar, PCGS MS-63 - Original white with nice luster.
- 1890-CC Morgan Dollar, PCGS MS-64 - Satiny luster and mark-free,
- 1890-CC Morgan Dollar, PCGS MS-65+, CAC Approved - An absolutely gorgeous stone-white GEM with full mint bloom. Any better will cost north of $30K.
- 1894 Morgan Dollar, PCGS AU-58 - An original white slider; this date is always very popular in this grade.
- 1894 Morgan Dollar, PCGS MS-62 - Satiny white and original with a blush of toning on the peripheries.
- 1896-S Morgan Dollar, NGC MS-62 - Flashy with a blush of album toning, more prominent on the obverse.
- 1897-O Morgan Dollar, PCGS MS-63 - Satiny white with an absence of major contact marks.
- 1902-O Morgan Dollar, PCGS MS-65 PL, CAC Approved - White with watery surfaces; scarce in PL.
- 1923 Peace Dollar, PCGS MS-66+, CAC Approved - Blast white and virtually perfect. This is what all Peace Dollars should look like!
- 1855-O Gold $1.00, Type II, PCGS AU-58 - Well struck and mark-free; RARE date in this grade.
- 1895-S $5.00 Liberty Gold, PCGS AU-58 - A scarce late-date $5.00 Liberty, and close to fully uncirculated.
- 1908-D $10.00 Indian Gold, PCGS MS-61 - Original with a Euro-look.
- 1911 $10.00 Indian Gold, PCGS MS-63 - Satiny luster and probably from a European hoard. Not common like the 1926 and 1932 dates.
- 1883-S $20.00 Liberty Gold, PCGS MS-62 - Nearly choice with light-yellow luster.
- 1907 $20.00 Liberty Gold, PCGS MS-64+ - A sparkling near-GEM example that is downright RARE any finer.
- 1946 Iowa Half Dollar, PCGS MS-68, CAC Approved - Monster color with an unimprovable "look"!
- 1870 Standard Half Dollar, J-958, PCGS PR-66, CAC Approved - Beautiful peripheral toning and original GEM surfaces.
- 1874 Round Indian Cal Fractional Gold 1/4 Dollar, BG-876, NGC MS-65 - A sparkling GEM.
A FUN Experience
By Miguel Lopez
The Reeded Edge Launches our 4th Annual Toys for Kids Day with The Salvation Army
December 11, 2014 - This has been a successful year for our company. All of the hard work, both here in the office and on the road, paid dividends with record sales figures. But, it is sometimes easy to get caught up in these personal successes, and forget that there are many amongst us that are far less fortunate. The holidays provide us with the opportunity to give a little something back. The Reeded Edge, once again this year, teamed up with The Salvation Army to sponsor our annual Christmas toy drive. Today's event allowed us to play Santa, handing out wrapped toys to over 40 local grade-school children. The looks on their faces said it all! Perhaps, some of you reading this will be able to help somebody less fortunate this holiday season, as well; from our standpoint, there is no greater reward.
Merry Christmas and Happy New Year to all!
Stolen Coin From the Baltimore Coin Show
September 9, 2014 - The Reeded Edge had a 1927-S Buffalo Nickel, PCGS MS-64, #3962.64/30179690 stolen at July 8th's Whitman Baltimore Coin Show. The coin is a golden white with nice luster and relatively clean surfaces. Originally purchased out of the Heritage June Long Beach auction, this piece is well archived, complete with high resolution photographs. It has a few very distinctive markings, and would be easy to identify in or out of its original holder. A "no questions asked" reward is being offered for its return. Any help from our customers or fellow dealers in recovering this coin is greatly appreciated.
Chicago ANA Extremely Active - Record Number of Invoices Written Over a 10 Day Period
August 12, 2014 - We expected an active week of trading when we left for Chicago nearly two weeks ago. After all, this was The ANA's World's Fair of Money, or in coin show terms, The Big Kahuna. Both preparations and expectations were accelerated for this venue. It is not every show that our bourse area stretched over six tables and was staffed by four people. But then, the ANA was not every show.
From the moment we arrived in the Chicago suburb of Rosemont on Thursday, July 31st, it was evident that the mood of our fellow dealers was both optimistic and upbeat. The summer doldrums were gone as brisk trading ensued. Rob, Robbie and Miguel were slammed from the onset of the PNG pre-show straight through the last day of the main event. Were it not for the additional help of our friend and close associate Arnold Minimen, some of our customers would have gone unattended; It really was that busy! There was absolutely no rest for The Reeded Edge's guys; Between working up new purchases, processing orders, shipping coins and waiting on customers, 12+ hour days were the norm rather than the exception.
Needless to say, after 10 solid days of buying and selling rare coins and collectibles, our inventory has gone through a dramatic shift. Many coins that were featured on our web store, Collector's Corner and eBay were sold, replaced by a new and exciting crop of collector coins. In all, The Reeded Edge did nearly a million dollars of total business. Consequently, you can expect to see many new coins appearing on the store throughout this week.
As for Rob and Robbie, they are going to enjoy a well-needed break with the upcoming weekend spent on the home front. Then, it will be back to the road for a host of late-summer and fall shows. One of the many things that we will be addressing in the next week will be an updated show schedule, so stay tuned.
Finally, we would like to extend a great big thank you to all of our customers and fellow dealers that made this 2014 ANA venue such a success. We were humbled by all of the support and kind words that we received throughout the week. Although this aspect can not be measured in shear numbers, it nonetheless keeps us going and it's what makes this business so worthwhile.
Approval Service Available to Reeded Edge Customers
April 7, 2014 - As you peruse our webstore, you may notice ON HOLD next to the listing of a particular coin. This, amongst other things, could indicate that the coin is out ON APPROVAL to one of our customers. This allows the customer to examine the coin before making payment. For our well established clients, approvals are a preferred way of conducting business. For those not familiar with an approval service, here is how it works: The first step is to build a business relationship with us or any other recognized rare coin firm. If your previous business is with other firms, we ask you to provide three different credit references of dealers that have extended you credit in the immediate past. If your business is in-house, we will evaluate the nature, frequency and dollar amount of your business, and make a credit decision accordingly. Once established, you may use this privilege indefinitely. This gives you the ability to get the coin in-hand, examine it in the privacy of your own home and/or office for 24 hours, and then make your buying decision. This is a great option, and one that MANY of our regular customers take advantage of. Please also note, our approval service is not just for coins. It extends to any item on the webstore with a retail value of $1000.00 or more, including currency, vintage toys, political items, documents & autographs, exonumia and stamps. Please call our offices @ 301-724-0400, Rob on his cell @ 240-422-0118 or Robbie on his cell @ 301-876-1332 to discuss this service further.
Selling your Coins Online
Selling coins online has been a hot topic lately. There are many coin dealers in cyberspace, various regional phone books, and perhaps even in your home town. So, who do you choose when you have rare coins for sale? This is a complex question with no easy answer, but there are some rules that you absolutely should employ when making this important decision. Perhaps most importantly, who is your prospective dealer and what is his/her credentials? Trade associations, full transparency and strong financial references are all important criteria when making this decision. Look for membership in organizations like the American Numismatic Association (ANA) and the Industry Council for Tangible Assets (ICTA) to name two of the more important trade groups. Everybody who is anybody in the coin business (or any other business for that matter) has a strong web presence in today's day and age. Look for a well developed webstore with an extensive inventory and longevity. All are very important indicators of financial strength and stability. Go to the store's About Me page, and look for additional information on the company and their principals. If this information is hidden or cryptic, you have to ask yourself why. Finally arm yourself with resources. Although there is a LOT of great information online, getting it in a consolidated and concise, usable format can prove very challenging. Here is where a couple of great, time-tested books can be invaluable to you. The Guide Book of United States Coins, or Redbook has been the hobby's standard retail pricing guide since 1947. It is used today as much as ever by collectors around the world. But perhaps your most important single aid in helping you sell your coins for true wholesale prices is The Handbook of United States Coins or Bluebook. Neither of these publications will appear free on a Google search, although both offer online versions for sale.
Whether you are selling gold, silver, rare coins or any other collectible online, you owe it to yourself to do your due diligence. Rare coin dealers are not all the same. Applying some fundamental rules and good common sense to your selling decision can make the experience both pleasant and profitable. Why would you want it any other way?
July 5th, 2014 - Yesterday, I was pondering the fact that our country turned 238 years old. The United States is the oldest westernized democracy in modern history. We are an enigma in many ways, but perhaps the most poignant thing that resonated with me was the fact that we are getting stronger with age. In our younger years, we were constantly challenged. Through history we have had to continue to fight and defend our position, proving time and time again that we were worthy of our status in the world pecking order.
Thirty seven years ago, I conceived the idea of The Reeded Edge. We were going to be a coin dealer that catered to servicing local customers through trade shows one or two weekends per month. It didn't take long for me to figure out that with hard work and persistence, that there just might be a career potential with this business. But figuring something out and actually taking action are two different matters entirely. It took me another twelve years to make the commitment, and take The Reeded Edge into a full time venture. Since then, we too have had our challenges. But despite them (or perhaps, because of them), we have emerged stronger and better to become the company that you know today. To a great extent, the addition of Ray Hunt 15 years ago and Robbie Jenkins 8 years ago, have allowed for that growth. By taking us to the next step, from a technological and numismatic standpoint, we are now able to do things and service our customers in a way that we could not have done in our early years. Like our great nation, I would like to believe that we are on an upward path, solidifying our position in the numismatic arena.
July 4th made me realize that we as a nation have much to be thankful for, and we are lucky in so many ways. My business is no different. In fact, any organization is only as good as the sum total of its parts, and those parts are their people. I like to believe that I remind Ray and Robbie how important they are to our operation on a regular basis. You, our customers, comprise the other part of this group, and I want to take this opportunity to thank each and every one of you for your loyalty, support and patronage. Without you, we could not be where we are today, a fact I never forget or take lightly.
To all, a Happy Fourth of July holiday and thank you from the bottom of my heart!
The Reeded Edge, Inc.