Strong Retail at the Fredericksburg VNA Coin Show
Collectors Fill Bourse at Annual State Venue
Sept. 27, 2016 - There is no mystery as to why the VNA coin show has been successful, and once again this year, that held true. Place a show smack in the middle of two major metropolitan areas (DC and Richmond), advertise it to the hilt, and solicit participation amongst the membership core of one of the oldest and most established coin clubs in the state, and the rest seemingly falls into place. More so than most club sponsored coin shows, it seems that attendees want to support this venue. Sure, they come primarily to buy and sell coins. But, this show is so much more than just that. ANA president, Jeff Garrett, flew into town to speak at the VNA's Saturday banquet and the ANA offered a remote version of their famous grading course. There were a also variety of club sponsored numismatic displays and exhibits. Finally, ANACS was on hand to accept grading submissions and to offer quick opinions as to grade and authenticity of a coin. Throw 100+ quality dealers into the mix for three days of numismatic trading, and you have the potential for a robust coin show. It was fitting that this marked the end of The Reeded Edge's four week road marathon, and for Rob and Robbie, VNA was the proverbial icing on the cake.
The guys stayed busy non-stop for almost the entire show, but for reasons different than previous weeks. Four consecutive regional shows within a 500 mile area has the potential to saturate the marketplace, at least on a temporary basis. Consequently, VNA provided very little wholesale activity for the guys, as they had seen most of their larger volume trading partners in the previous weeks. In terms of new business, that resigned the show's success to who and what walked through the front doors. This is an area where VNA does an excellent job. It's not just a function of getting bodies through the front door, but more importantly, attracting the right, qualified attendees to the bourse floor. It was evident from the start of the show, collectors would be out. This trend continued throughout Sunday, as the show did not experience burn-out at any juncture. Keeping a coin show active for 4 consecutive days is no small feat, but VNA pulled it off in style. Credit this to the level of participation and support that the VNA club members provided to both the dealer contingent and attendees. Rob and Robbie arrived back in the office Sunday night, exhausted from the steady stream of activity, but with very strong retail sales (especially for a show of this size), there was sense of mission accomplished.
This week, The Reeded Edge will begin a four week show hiatus. Interspersed will be a lot of catching up in the office, pushing coins through the grading services, some mini vacations for several of our staff, and most of all, a well-needed breather from the perils of being on the road.
Buying still continues to be a major emphasis here in the office. If you have any fresh or interesting coins for sale, please call our office at 301-724-0400 during normal business hours or either Rob @ 240-422-0118 or Robbie @ 301-876-1332 after-hours. We love fresh material, and our aggressive offers should definitely reflect that.
Highlight New Purchases
- 1797 Half Cent, 1/1, Plain Edge, PCGS F-12 - Even, pleasing color and a nice planchet.
- 1822 Large Cent, PCGS XF-45, CAC Approved - Perfect chocolate brown surfaces with much original mint gloss.
- 1909-S Lincoln Cent, PCGS MS-65 RB (S/S although not designated) - GEM and almost fully RED.
- 1910 Lincoln Cent, PCGS PR-64 RB - Original light tan surfaces with satiny luster.
- 1914-S Lincoln Cent, PCGS MS-65 RB, Old Fatty - Original GEM with no surface distractions.
- 1924-S Lincoln Cent, PCGS MS-64+ RB, CAC Approved - Smooth original, mellowed orange example.
- 1864 Two Cent Piece, Small Motto, NGC AU-50 BN - Chocolate brown, original and very pleasing.
- 1866 Two Cent Piece, PCGS PR-66 RB - Gorgeous coin with pastel overtones.
- 1881 Three Cent Nickel, NGC PF-65, Old NGC Fatty - Pretty multi color toning seldom found on this type.
- 1857 Three Cent Silver, PCGS MS-64, CAC Approved - Originally toned with rich underlying luster.
- 1858 Three Cent Silver, NGC PR-64 - Original white and from a scant mintage of just over 100.
- 1862 Three Cent Silver, PCGS MS-66, CAC Approved - Superb GEM example with stunning cobalt blue and soft-pink toning.
- 1871 Shield Nickel, PCGS PR-66 - Lustrous original white with abnormally nice "pop" for this normally deficient issue.
- 1912-S Liberty Nickel, PCGS MS-64 - Fairly well struck with some obverse iridescence.
- 1936 Buffalo Nickel, PCGS PR-64 Satin - Original off-white example with golden overlays.
- 1837 Liberty Seated Dime, PCGS MS-63 - Satiny white with choice surfaces; a nice example!
- 1838-O Liberty Seated Dime, PCGS MS-62 - A RARE choice, mint state example of this first-year New Orleans coin.
- 1880 Liberty Seated Dime, PCGS MS-65, OGH - Pretty original toning interspersed with intense, underlying luster.
- 1898-S Barber Dime, PCGS MS-63 - Satiny white with a wisp of toning, this is an unbelievably scarce date in mint state.
- 1875-S Twenty Cent Piece, PCGS MS-64 - Pretty original luster with just a touch of violet on the obverse.
- 1815 Capped Bust Quarter, PCGS XF-40, CAC Approved - Wholesome, original and problem-free; a lovely circulated example.
- 1916 Standing Liberty Quarter, PCGS XF-45, CAC Approved, PQ! - Looking more like an AU-53, this example has a lot of luster and extraordinary freshness.
- 1917 Standing Liberty Quarter, PCGS MS-66 FH - An original toned example with glowing luster.
- 1920-S Standing Liberty Quarter, PCGS MS-65, CAC Approved - A totally original GEM with a much better than average strike.
- 1807 Capped Bust Half Dollar, 50/20 Large Stars, PCGS AU-55 - A simply beautiful original coin with dove-grey toning and multicolored peripheral toning.
- 1837 Capped Bust Half Dollar, PCGS MS-61 - Strong luster and looks much better than the assigned grade.
- 1844-O Liberty Seated Half Dollar, PCGS MS-62 - Super-fresh and somewhat prooflike; Attractive!
- 1874 Liberty Seated Half Dollar, Arrows, PCGS MS-63 - Mark-free original white surfaces with just a touch of gold and really choice for the grade.
- 1884 Liberty Seated Half Dollar, PCGS PR-65 - Off-white and lightly cameo; This coin is way too cheap right now!
- 1893-S Barber Half Dollar, PCGS VF-35, CAC Approved - Deep gold and original example of this RARE and undervalued date.
- 1913 Barber Half Dollar, PCGS MS-65 - Original with outstanding luster and a gold patina; RARE!
- 1920 Walking Liberty Half Dollar, PCGS MS-64 - A choice original-white example of this early date Walker.
- 1948 Franklin Half Dollar, PCGS MS-66+ FBL - Gorgeous mint set iridescence with blazing white luster; this is as about as pretty as a Franklin can get!
- 1967 Kennedy Half Dollar, PCGS SP-68 CAM, SMS - Sparkling white and as deep as any proof imaginable. Wow!
- 1795 Draped Bust Dollar, Small Eagle, Off-Center Bust, PCGS VF-35 - Off white and problem-free example.
- 1797 Draped Bust Dollar, Small Eagle, 9 x 7 Stars, PCGS AU-53 - An attractive dove-grey example with luster evident in protected areas.
- 1797 Draped Bust Dollar, Small Eagle, 10 x 6 Stars, PCGS XF-40 - An original, crusty example with none of the usual uneven striking or adjustments; a simply lovely specimen!
- 1801 Draped Bust Dollar, PCGS VF-25, CAC Approved - If only all VF Bust Dollars were this original and pleasing, this series would be on fire again. Really nice quality, especially for the grade.
- 1889-CC Morgan Dollar, PCGS AU-50 - Off white with some flash still remaining.
- 1892-CC Morgan Dollar, PCGS MS-63 - Original toned choice example.
- 1893-S Morgan Dollar, PCGS XF-45 - Off-white with luster remaining in protected areas; Key date!
- 1895-O Morgan Dollar, PCGS MS-61 - Well struck for the issue with unusually flashy white surfaces.
- 1900-O/CC Morgan Dollar, PCGS MS-64 - Blast white and lustrous.
- 1904-S Morgan Dollar, PCGS MS-64 - A touch of peripheral toning with lustrous white centers.
- 1904-S Morgan Dollar, PCGS MS-64 - White and attractive example of this semi-key Morgan.
- 1921 Morgan Dollar, PCGS MS-66 - One of the most lustrous 1921 Morgan Dollars that we have ever owned!
- 1926-D Peace Dollar, PCGS MS-65 - Glowing luster with a touch of gold at the peripheries; pretty!
- 1852-D $1.00 Gold, Type I, PCGS MS-61 - Flashy and lustrous example of this impossibly RARE date!
- 1853 $1.00 Gold, Type I, PCGS MS-64 - Screaming orange-gold luster.
- 1857-C $1.00 Gold, Ty III, PCGS AU-53 - Well struck example of this difficult "C" mint gold dollar.
- 1861 $1.00 Gold, Ty III, PCGS MS-63, CAC Approved - Satiny luster and refreshingly original.
- 1889 $1.00 Gold, Ty III, PCGS MS-65, CAC Approved - A sparkling GEM with outstanding, mark-free surfaces.
- 1836 Block 8 $2.50 Classic Head Gold, PCGS AU-55 - Bright yellow with minimal wear.
- 1914-D $2.50 Indian Gold, PCGS MS-63 - Radiant luster and well struck.
- 1878 $3.00 Gold, PCGS MS-62, CAC Approved - Original and flashy with choice surfaces.
- 1879 $3.00 Gold, PCGS MS-65, OGH - Semi prooflike with lovely luster and freshness.
- 1857-D $5.00 Liberty Gold, PCGS AU-50 - An even light-yellow example with a strong mintmark.
- 1861 $5.00 Liberty Gold, PCGS AU-58, CAC Approved - Lovely original surfaces and looks mint state.
- 1911-D $10.00 Indian Gold, PCGS AU-53 - Very nice for the assigned grade with quite a bit of original luster remaining.
- 1857 $20.00 Liberty Gold, Ty I, PCGS XF-45, CAC Approved - Totally original and problem-free.
- 1863-S $20.00 Liberty Gold, Ty I, NGC XF-45, CAC Approved - Another poster child for originality; Nice!
- 1877-S $20.00 Liberty Gold, Ty III, PCGS MS-61 - Flashy, real BU example of this tougher date.
- 1906 $20.00 Liberty Gold, Ty III, PCGS MS-63 - A choice example of this very tough post-1900 date, it is exceeded in rarity by only the 1902-P and 1905-P.
- 1921 Pilgrim Half Dollar, PCGS MS-67+ - Gorgeous, original coin with unbelievable flash and pristine surfaces. Among the finest known for the issue.
- 1847 Hawaii One Cent, NGC AU-55 BN - A perfect near-uncirculated example.
The Reeded Edge Launches our 5th Annual Toys for Kids Christmas Celebration with The Salvation Army
December 16, 2015 - Success can be measured a number of different ways. Thirty years ago when The Reeded Edge was conceived, the challenge was to pay the bills and derive an income. Fortunately, hard work really does pay off. Things are quite different for us today, and we now are in a position each year to help those in our community that are less fortunate. Five years ago, we teamed up with our local branch of the Salvation Army to provide toys for children during the holidays. This has turned into a tradition for us, with everybody in the company participating at some level. For us, this is one of our highlights of the holiday season. There is nothing more gratifying than watching children open presents and embrace the spirit of the holidays. We hope that each of you can touch someone's life during the holidays. It's really an uplifting experience that stays with us all year long.
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.
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.
Longevity
July 5, 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!
Rob Lehmann
President,
The Reeded Edge, Inc.
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