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The Reeded Edge, Inc.

Serving The Serious Collector & Investor Since 1991
The Internet's Premier Coin & Bullion Dealer
Rare Coins - Currency - Bullion - Collectibles

From the Ordinary to the Extraordinary!

888-856-COIN

 

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1839-O LIBERTY SEATED DIME, PCGS MS-65+, CAC APPROVED
1889-CC $20 LIBERTY GOLD, PCGS AU-53
1916-S MERCURY DIME, PCGS MS-67+, CAC APPROVED, HIGHEST GRADED FOR THE DATE!
1862 LIBERTY SEATED DOLLAR, PCGS MS-62, RARE IN MINT STATE!
1892-S BARBER QUARTER, PCGS MS-64
1939-D MERCURY DIME, PCGS MS-68 FB, CAC APPROVED, GORGEOUS!
1896-S MORGAN DOLLAR, NGC MS-63
1795 FLOWING HAIR HALF DOLLAR, O-103a, R-5, PCGS F-15, CAC APPROVED
1838 LIBERTY SEATED DIME, PARTIAL DRAPERY, PCGS MS-64, CAC APPROVED

Excellent ANA Show Exceeds Expectations

Mixed Reviews as Some Dealers Still Trying to Figure out Market

Aug. 18, 2015 - The ANA's World's Fair of Money continues to be the barometer to measure the coin market. Our impression after 10 days in Chicago is that the market is not only healthy, but in certain regards, on fire. But not everyone at The Donald Stephens Convention Center shared out opinion. Yes, there certainly are parameters to negotiate the waters of the current coin market. Collector coins still reign king. Generics are still languishing. The market is also extremely price sensitive. A few dollars one way or the other can make all of the difference between making a sale and coming up empty. Premiums can be realized for the right coins, but collectors approach this area in a measured and selective way. The days of throwing money aimlessly at rare coins are over. Information is more accessible than ever, and with the advent of the internet as a viable rare coin marketplace, those dealers trying to sell coins with an edge or an angle are gasping for air. All of these phenomenons were evident at the ANA. For dealers well stocked with collector coins at today's levels, none of these factors mattered. These were the folks that reported a great show and had smiles on their face from start to finish. The bottom line was that both collectors and dealers alike came to Chicago with the goal of trading coins. As has been the case at coin shows for the last several years, some dealers figured it out and some didn't.

The Reeded Edge had one of their best ANA Shows ever, due in no small part to our consorted effort to cater to the collector while remaining price sensitive to current market conditions. In all, Rob and Robbie conducted just south of 3/4 of a million dollars worth of numismatic business. Equally encouraging was the fact that The Reeded Edge's business was split almost equally between purchases and sales. What this means is that you will see an unprecedented number of new coins emerging on our webstore throughout the week. Included with our ANA newps are many fresh coins back from grading at PCGS. Summer is not normally an exciting time in the rare coin business. But, this summer has been, and remains, different than most. The ANA, once again, affirmed that the coin market is alive and well, and in certain respects, firing on all cylinders. That is, provided, that your rare coin operation runs like a Mercedes and not an Edsel!

Included amongst our ANA new purchases are a wonderful group of PCGS-certified type spanning early copper to 20th century silver. Also worth mentioning is one of our largest groups of better-date dollars that we have had in quite some time. As most of you are probably aware, we recently purchased a world-class foreign collection. Some of the better pieces were sent to NGC for grading. We are happy to report that these pieces have finally come back to us, and now are available for your consideration. Also, hundreds of world coins are exclusively listed on our eBay store, so please check there, as well. Finally, a small but important group of U.S. gold coins round out our show purchases. Due to both the scope and variety of all of these new coins, we suggest that you check our New Store Items page often throughout the week.

As we alluded to above, this summer has been unusually active. Business, although not always outwardly obvious, has been both consistent and steady. Sales have spanned coins and currency at all price points. Better date Morgans are still enjoying their day in the sun, both figuratively and literally. Key-date collector coins also seem to be experiencing a renaissance. As we have been noting for some time, better date dollars are still not coming out of the woodwork. If the market were to soften in this area, we would be seeing multiples of semi-key and key date dollars entering the marketplace, but this simply has not been the case. As a market maker in this segment of the numismatic market, this trend is concerning, especially from a buying standpoint. As a seller, this trend is both good and bad; the good being that demand hasn't waned and bad from the standpoint that there isn't more product in the marketplace for us to sell. It is easy to forget how popular this series is, a fact we are not losing sight of even during these historically slower summer months.

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

(Featured Coins & Currency Added to Inventory Within the Last 30 Days - as of Aug 24, 2015)

 


Featured New Items


Top Sellers


Indian Cents
Lincoln Cents
Buffalo Nickels
Mercury Dimes
Washington Quarters
Walking Liberty Half Dollars
Morgan Dollars
Peace Dollars
U.S. Gold
Elite Certified Coins
Bullion U.S. 90% Silver
Bullion Gold & Silver
U.S. Currency

 

 

A FUN Experience

By Miguel Lopez


Although the weather in Florida was a little colder than in past years for this time, it provided a welcomed break from the freezing Maryland temperatures. The 60th edition of the Florida United Numismatist, Inc. (FUN) show turned out to be a steady, daily flow of business from the time the doors opened to the dealers at 8:30 AM until they closed their doors to the masses at 7:00 PM. Both, the wholesale and the retail side were active, especially the wholesale.  Better date Morgan dollars continue to be in strong demand and thus enjoyed a short shelf life (or case life, in our world).  Type coins, as well as the usual popular collector series remained strong with brisk activity.  Proof type and generic, on the other hand, remain weak as do some of the traditional keys.

The show was well attended and enjoyed a diverse spectrum, from beginners to more sophisticated collectors, all looking to fill holes in their collections.

The auction chatter around the bourse floor had mixed feelings.  Some dealers hinted at perhaps a recovery from recent weak auction results, as they were unsuccessful in obtaining lots at their bids.  However, the overall consensus is the auctions remain under performing. Perhaps a strengthening economy will aid in the absorption of some of the available material.

Grading was tight at the early goings of the show, leaving some dealers disappointed.  This situation improved as the show went on, but the overall perception was still below expectations.

I had the opportunity to work for The Reeded Edge during the show and learn from two of the best in the business, Rob Lehmann and Robbie Jenkins.  It was a very successful show, especially under the current market conditions, as we witnessed a significant number of quality coins exchange hands both ways.

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.

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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