Hot Off The Press!

I have just finished our latest newsletter - price list. A copy is just waiting for you to call me! Included in this issue are cent through gold, with my usual emphasis on silver dollars.
So why not give me a call today:
203-359-2646
Just leave your name, address, and phone number for your FREE copy.
Remember that this blog is a two-way street. We would like to see your comments and suggestions, so join us now!
Robert S. Riemer

Coins For Gift Giving? Now Is The Time!

If you're thinking of coins for the holiday, now is the time to order. Depending on your budget and level of the giftee, Morgan dollars are always a good starter. Where can you get a U.S. coin over 100-years old in certified MS 63 condition for under $55. or MS 64 for under $70.? In addition, there are well over 20 different dates available in the above price range.

If your collector is into Mercury dimes or Lincoln cents, many dates are available  in the certified MS 65 and 66 grades for as little as $25.

Remember, with coins there are no sizes to worry about, no styles or colors to pick from, just a piece of American history, maybe a birth year would work! Start a collector today! An interesting hobby - with a potential profit down the road!

Ho-Ho-Ho, and happy Hanukkah to boot!

A Brief History of Certified Coins

The concept of certified coins came about in the 1970's. The American Numismatic Association (ANA), a national collector/dealer organization, started a grading service called American Numismatic Association Certification Service (ANACS). They were one of the first companies to certify coins, with a third party unbiased grading opinion, while authenticating the coin.

In 1986 PCGS (Professional Coin Grading Service) and NGC (Numismatic Guaranty Corporation) a year later, started certifing coins. These two services placed their coins in protective plastic holders called slabs. Today, the top two grading services in the certified coin market are PCGS and NGC.

Certified coin grading has dramatically changed the coin market! The changes have been a positive for the collector, as well as dealers. Counterfeit and overgrading of coins were the two major issues within the coin market. I decided to support certified coin grading because I saw these services as a way of combating both issues and making the marketplace a safer environment for everyone involved.

I was one of the first coin dealers recognized as a supporter of the certified coin market. In the 1980's I published newsletters entitled, "Report On ANACS Coins," and "Report On Certified Coins."

Even though we specialize in certified coins, Morgan dollars, and GSA Carson City dollars being half our business, we also buy and sell from soup to nuts. Half-cents to commemoratives, dollars, and gold coins. I am a strong coin buyer. I need to buy coins so I have coins to sell. So if you have raw coins, certified coins, PCGS, NGC or whatever, I am a coin buyer! Give me a call! RSR COINS, your certified coin source!

Gold is Hot, So Are Our Updated Gold Auctions

We recently put up five gold auctions on eBay: 1907 Liberty Gold, 1972 $20 Gold St Gaudens Double Eagle PCGS MS 65, 1854 $3 Gold, 1899 $10 Gold Liberty, and a 1909 $5 Gold Indian. Check them out here. It seems that with gold breaking into the $1400. + area yesterday, collectors WANT GOLD! When prices are cheap, they just tend to sit back... alas human nature! If you have any questions about my coins feel free to email or call. Until next time, Robert

New Auctions Up: Morgan Dollars

We recently put up 10 lots of Choice BU Morgan Dollars on eBay. With silver up, it's certainly worth checking them out! Also, watch for our updated gold listings to appear within the next 24 hours. So take some time and check our auctions currently on eBay.

The Stamford show COINFEST - a few thoughts!

I arrived at the show on October 28th Thursday at about 12:30 p.m. My first reaction was the lack of the early show "crowds". I remember when the show opened 3 years ago, there were hundreds of collectors waiting to enter for early pickings. Retail buyer this day just weren't breaking the doors down. It seems that most buyers were dealers. Of course, this was the middle of the week, and most dealers I spoke to had hopes that collectors would be there Friday and Saturday.
Gold prices were healthy the first two days, with consistant up markets.
Unfortunately it appears that the collector market is taking a cautious market stance. While collectors are still filling those holes in their sets, retail sales are down.
Fortunately, with gold and silver on the rise, collectors were looking at coins related to those precious metals. Thus, silver dollars and gold type coins are in demand!