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Gold And Silver Coin Collecting Article Of The Month

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Cherrypicking dealer stock, such as the boxes of slabbed coins or 2x2's, generally requires that you have a lot of back and forth interaction with the dealer. Typically, he'll hand you one box at a time to look through, and if you're fast, you might be pestering him several times in a short period of time for more coins to check. In such a scenario, it is important to be courteous and patient, and to only pull out and set aside the coins that you are pretty sure you're going to buy. The reason is that the dealer must go to several different places to put back any unsold coins you've pulled out.
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On my list of "do not buy" coins is those from the Franklin Mint and other premium collectibles mints (such as the Bradford Exchange, etc.) They are aggressive marketers who do sell genuine bullion coins (sometimes) but their coins usually do not have any after-market value among coin collectors and investors. You'll typically pay $45 plus for a one ounce silver coin that is only worth the value of its silver bullion when you go to sell it. (Silver bullion is at about $19 an ounce as I write this.)
Buy gold bullion coins.

A popular form of cherrypicking in coin collecting is done at coin shows, when the cherrypicker carefully scrutinizes dealer stock, looking for die varieties that the dealer has overlooked. A more low-end form of coin show cherrypicking is searching through the pick bins and junk boxes trying to find coins that are worth substantially more than the dealer asking price.
Buy gold coins.

The International Bank Note Society was formed in 1961 and was one of the first clubs for collectors of paper money (along with the SPMC - Society of Paper Money Collectors formed the same year). The IBNS focuses on collectors of world paper money while the SPMC targets mainly collectors of U.S. notes.
Buy silver dollars for a great investment.

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Next up, John Adams Dollars

Wed, 28 Mar 2007 02:56:00 +0000
I went to the post office today to buy a book of 24 cent stamps (they're needed for that 2 ounce of postage). For years, I have been buying stamps from the vending machine in the lobby and I have...



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BOWERS AND MERENA JOINS FORCES WITH PONTERIO & ASSOCIATES EXPANDS INTO WORLD COINS AND PAPER MONEY

Thu, 11 Dec 2008 14:50:19 +0000
Bowers and Merena Auctions, America’s leading rare coin and currency auction house, announced today that it had acquired Ponterio & Associates, a 26-year-old firm specializing in ancient and world coins and paper money. The firm’s principals, Rick Ponterio and his sons Kent and Kyle, will be joining the management of Bowers and Merena.
Rick Ponterio, ...]


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