March Sales Remain Steady - Looking Forward to an Active Baltimore Show
March 24, 2017 - Sales continue to be robust at virtually every level of the U.S. coin market. From copper though gold, we sense no weakness in numismatic coins. Perhaps the recent boost in the metals markets spawned this activity. With consumer confidence on the rise, we hope to see a continuum of this trend, especially with the all-important Baltimore Coin Show on the immediate horizon.
Speaking of Baltimore, The Reeded Edge will be heading to Charm City next Tuesday evening to begin pre-show wholesale trading for The Whitman Baltimore Coin and Collectibles Expo. Doors open to the bourse floor on Thursday morning, with the general public admitted at noon. Both Rob and Robbie will be at their usual L-table, #440, located front and left-center of the main entrance. The guys will have an unprecedented number of certified U.S. coins with them, most of which were acquired within the last month. To say that we are overflowing with new purchases is an understatement. We are expecting a flurry of activity at our table, so see the guys early to get pick of the litter. As always, The Reeded Edge will be active and aggressive buyers, so expect new coins to be available throughout the show. Finally, PCGS will be doing on-sight show grading, which translates to many fresh coins coming back from them, as well. In all, we expect to see a constant stream of activity throughout the week. If Baltimore is in your plans next week, we would love to see you at the show.
The Reeded Edge will continue to be on the home front for one more week. The eerie absence of shows in our schedule has been a little bit strange. But there has been no let-up here in the office, so we have not really had any time to dwell on this void. You may have noticed additional listings here, in our eBay store, and on Collector's Corner. We are continuing our Coin World advertising blitz, and have also resurrected our presence in Numismatic News. Please keep your eyes out for our upcoming ads in both of these fine numismatic publications. We find the combination of nice coins, fair pricing and varied selection has significantly contributed to our company's growth, and we have no plans to take our foot off of the gas pedal.
This week, you will notice a nice group of PCGS certified type coins ranging from quarters through dollars. This is a diverse group, with prices starting at just a few hundred dollars ranging all the way up to five-figure rarities. If you haven't taken a look at our store lately, we strongly suggest you take this opportunity to do so-we think you will be pleasantly surprised.
Of course, we remain focused on BUYING. We continue to seek out all worthwhile numismatic material. If you have any fresh or interesting coins for sale, please call the office @ 301-724-0400 and speak to Rob or Robbie. The guys love fresh material and our aggressive offers will definitely reflect that!
Important News for all of our Customers Who Sell on eBay
Feb 28, 2017 - eBay sent a notification to all sellers today of a fee increase effective May 1, 2017. This is a significant increase amounting to almost 10% for top-rated sellers, and approximately 4% for all others. In addition, coins and currency which are presently charged a 6% final value fee for fixed-price listings, will increase to a 6.15% final value fee. To get a complete explanation of these additional fees and increases, please click HERE. We urge everyone who sells on eBay to voice their displeasure at these increases. The more people that CALL or write in to eBay, the more apt eBay may be to change this new policy. We can not over-emphasize how important it is for your voice to be heard!
Highlight New Purchases
- 1787 Fugio, States United, 4 Cinq, PCGS MS-64 RB - Lovely pastel luster with a rich glow.
- 1797 Half Cent, 1/1, Plain Edge, NGC VF-30 - Really attractive, original, problem-free example.
- 1854 Half Cent, PCGS MS-65 BN - Original GEM bordering on RB.
- 1794 Large Cent, Head of 94, PCGS AU-50 - Nice detail and pretty light brown color.
- 1804 Draped Bust Large Cent, Private Restrike, PCGS MS-66 BN, CAC - Glowing luster & super pretty!
- 1827 Large Cent, PCGS MS-62 BN - Original and wholesome.
- 1849 Large Cent, PCGS MS-65 BN - A lovely, light brown GEM; even though this is a later date, it's not at all common in GEM.
- 1860 Indian Cent, PCGS MS-65 - Lustrous orangey GEM example.
- 1867 Indian Cent, PCGS MS-65 BN - A pretty GEM with pastel undertones and ample mellow RED.
- 1873 Indian Cent, Open 3, PCGS MS-66 RB - Stunning coin with rich luster and pristine, mark-free surfaces.
- 1877 Indian Cent, NGC AU-53 - Chocolate brown with nice detail and minimal wear.
- 1877 Indian Cent, PCGS MS-64 RB - Mostly RED and a really choice example of this key-date Indian Cent.
- 1878 Indian Cent, PCGS PR-66 RB - Very nearly full RED and almost a CAMEO; PQ!
- 1886 Indian Cent, PCGS MS-64 RD - Bright RED and fiery hindered in grade only by some obverse spotting; RARE in full RED!
- 1886 Indian Cent, Variety 2, PCGS PF-65 BN, CAC Approved - Dusky original brown with pastel undertones.
- 1909-S Indian Cent, PCGS MS-63 RB - Mellow orange coloration and choice.
- 1909-S VDB Lincoln Cent, PCGS MS-65+ RD - An original, mellow-red GEM.
- 1910-S Lincoln Cent, PCGS MS-66 RD - Original, smooth orange-red surfaces and really superb!
- 1912-D Lincoln Cent, PCGS MS-65 RD - Bright orange and spot-free.
- 1920-D Lincoln Cent, PCGS MS-65 RD - Scarce and underrated date in full RED.
- 1928 Lincoln Cent, PCGS MS-67+ RD - A really superb, blazing red example; not at all common in this state of preservation!
- 1940 Lincoln Cent, PCGS PR-67 RD - Conditionally RARE and unimprovable; a headlight!
- 1955 Lincoln Cent, Doubled Die Obverse, PCGS MS-62 BN - Choice and original example of this popular 20th century error; PQ!
- 1972 Lincoln Cent, Doubled Die Obverse, PCGS MS-66 RD - Blazing orange GEM!
- 1864 Two Cent Piece, Large Motto, PCGS MS-65 RD - Original orange with GEM surfaces.
- 1865 Two Cent Piece, PCGS MS-65 RD - Mellow, original red and attractive. Fiery on the reverse.
- 1867 Two Cent Piece, PCGS MS-65 RD - Original with pronounced luster and an interesting heavy die crack in the center of the shield. Scarce, underrated date in full RED.
- 1878 Three Cent Nickel, PCGS PR-66 CAM - A scarce proof only date; white GEM and downright affordable.
- 1858 Three Cent Silver, NGC MS-66 - Jet white and semi-prooflike GEM with heavy die clashing evident.
- 1871 Three Cent Silver, PCGS PR-64 CAM - An arch of multicolored toning on both obverse & reverse make this piece really attractive.
- 1866 Shield Nickel, PCGS MS-64 - Satiny white, choice example of this popular two-year type.
- 1883/2 Shield Nickel, PCGS AU-55 - Original off-white example with die cracking evident.
- 1925-S Buffalo Nickel, PCGS MS-62 - A surprisingly tough coin to locate in this grade with a better-than-average strike and mellow, golden luster.
- 1937-D Buffalo Nickel, 3 Legs, PCGS MS-63 - Original, choice example with golden-white luster.
- 1937-D Buffalo Nickel, 3 Legs, PCGS MS-64 - Bright, white with mark-free surfaces; these are trading at a fraction of their highs!
- 1795 Flowing Hair Half Dime, PCGS AU-53 - Lustrous off-white and attractive for the grade.
- 1837 Capped Bust Dime, PCGS MS-64 - Original gold-grey patina atop crisp, well struck devices; nice!
- 1839 Liberty Seated Dime, No Drapery, PCGS MS-64 - Deep gold original toning with muted blue highlights.
- 1868 Liberty Seated Dime, PCGS MS-64 - Satiny white and basically untoned; Pop 14 at PCGS with a mere 9 finer.
- 1926-S Mercury Dime, PCGS MS-64 FB - Original white w/ toning interspersed and a crisp, sharp strike.
- 1875-CC Twenty Cent, PCGS AU-55 - White and looks uncirculated at arm's length.
- 1921 Standing Liberty Quarter, PCGS MS-64 - White, mark-free and very well struck - the perfect collector coin!
- 1834 Large Date, Large Letter Capped Bust Half Dollar, PCGS MS-64 - Toned and very attractive, this near-GEM example is just as fresh and wholesome as the day it was struck.
- 1916-S Walking Liberty Half Dollar, ANACS MS-64, OWH - Deeply toned, original choice example.
- 1889-CC Morgan Dollar, PCGS AU-50 - Light grey coloration with luster in the protected areas.
- 1891-O Morgan Dollar, PCGS MS-65 - A conditional rarity, and this white original example is a true GEM!
- 1892-S Morgan Dollar, PCGS AU-55 - Original and un-scrubbed like most 1892-S dollars at this grade level.
- 1893-CC Morgan Dollar, PCGS MS-63 - White and fully struck with minimal marks.
- 1896-O Morgan Dollar, PCGS MS-62 - White and original example of this conditionally scarce date.
- 1896-S Morgan Dollar, PCGS MS-64 - Lustrous white and mark-free; nice example of this better-date!
- 1897-O Morgan Dollar, PCGS MS-62 - Fairly well struck with soft, satiny luster.
- 1927 Peace Dollar, PCGS MS-65 - Original white with a gold cast and pristine surfaces.
- 1853-C $1.00 Gold, Type 1, PCGS AU-55 - An attractive, well struck example.
- 1843-C $2.50 Liberty Gold, PCGS AU-50 - Original with deep orange clinging to the device.
- 1854-O $3.00 Gold, PCGS AU-50 - Softly struck with subdue luster which is typical for the date.
- 1839-C $5.00 Liberty Gold, PCGS AU-53 - The highest grade example of this rarity that we have had in some time.
- 1893-CC $5.00 Liberty Gold, PCGS AU-55 - Well struck with ample luster and looks AU-58.
- 1909-D $5.00 Indian Gold, PCGS MS-64 - Choice with pronounced luster and priced at its lowest level in many years.
- 1843 $10.00 Liberty Gold, PCGS AU-50 - A very rare date and seldom encountered in ANY grade.
- 1852-O $20.00 Liberty Gold, Type 1, PCGS AU-58 - Semi PL and oh-so close to UNC; RARE & desirable!
- 1874 $20.00 Liberty Gold, PCGS MS-61 - Really nice with ample frost and freshness to perhaps suggest a higher grade.
- 1877 $20.00 Liberty Gold, PCGS MS-60 - Flashy and very lustrous, held back in grade by numerous small contact marks.
- 1902 $20.00 Liberty Gold, Ty III, PCGS MS-63 - Fresh & lustrous with ample frost on the motifs; quite scarce in this grade.
- 1922-S $20.00 St. Gaudens Gold, PCGS MS-63+ - Flashy and fresh example of this scarce date Saint.
- 1925-S $20.00 St. Gaudens Gold, PCGS AU-58 - A true slider that would look just as at home in a MS-61 holder; One of the scarcer date $20.00 Saints.
- 1936-S Cincinnati Commemorative Half Dollar, PCGS MS-66 - Original with strong underlying luster, this is one of the toughest of all commemorative half dollars in true GEM condition.
We do NOT protect the guilty!
March 9, 2017 - This goes out to the few of you that think it's OK to abscond with our coins, money or both. NEWS FLASH - This is called stealing, and will not be tolerated. We want to let our position on this type of activity be known. First, we will prosecute you to the full extent of the law. Second, will NOT protect your identity. We believe that if you steal from us, you will probably steal from one of our fellow dealers, as well.
We will leave this message posted for 30 days, giving the guilty parties a chance to resolve your obligations and do the right thing. After that, your name(s) will be displayed publicly, and we will take any and every legal recourse available to us. Fortunately, there aren't many of you out there. But for those of you where the shoe fits, be forewarned!
The Reeded Edge Launches our 6th Annual Toys for Kids Christmas Celebration with The Salvation Army
Reprinted from July 5, 2014 (and we believe, it still holds true today) - 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.