We recently acquired a remarkable Martha Washington test coin, which although it was known to exist, none were privately owned until now. The example we purchased has been waffle cancelled at the Mint. Here is the article as written in Coin World by Paul Gilkes. https://www.coinworld.com/news/us-coins/2018/08/waffle-canceled-martha-washington-test-piece-surfaces.all.html
NGC just wrote an article about the discovery 1943 copper wheat cent, which was first discovered over 70 years ago. The coin was certified by NGC as AU53, and is one of the "strong strike" specimens. Here is a link to the article about this historic "first" coin: https://www.ngccoin.com/news/article/
(1943 copper cent photo courtesy NGC.)
Many of you are subscribers to our email list, and received a link to our new catalog entitled "Sullivan Numismatics Error Showcase." This is our first catalog in a long time, years in fact, and we decided to try this so as to showcase some of the more interesting and exciting inventory in our stock. Sometimes coins get a bit lost in the volume of coins in our inventory, and this is our way of bringing those out, and showcasing them to our customers. If you haven't received a copy and would like one, send us an email at: [email protected]
Also, if you are attending the ANA Worlds Fair of Money next week in Philadelphia, PA, we look forward to seeing you there--our table is #836, "Sullivan Numismatics, Inc." This is one of the best coin shows of the year, with hundreds of tables, and an equal number of dealers, as well as thousands of collectors in attendance. Major auctions will be offering millions of dollars worth of coins, seminars and educational talks are given, and it all combines to be one big numismatic extravaganza! If you've not attended, you should make it part of your schedule since it is a "must attend" event.
We have not had any coin shows now for a few months, and are looking forward to setting up at the Long Beach Expo this week at our table, #633, "Sullivan Numismatics." The show is held in Long Beach, California June 14-16, 2018, and is one of the better shows of the year, held 3 times annualy in the same location.
The nice thing about this show is that it attracts the West Coast coin collectors, which is a somewhat different crowd from the collectors attending the East Coast shows. There are collectors and dealers who attend both, but about half of the crowd are differnet dealers and collectors, which is nice.
Here is a PCGS video previewing the show, which will give oyu an overview of the show: https://youtu.be/O5n960fqGIA
Here is a link for info about the show: http://www.longbeachexpo.com
If you've not attended this show and live on the West Coast, consider taking the time to spend a day at the show. The chance to see coins in-hand, talk to dealers, see various exhibits, and look at the Heritage auction is something worthwhile. A lot of fun, and a good opportunity to find coins for your collection.
We hope to have some nice mint errors to offer in the coming weeks after we get back from the show, so keep your eyes peeled for our "New Inventory" email alert, and if you've not signed up for it, here's the link to do so: Sign Up Email
The Baltimore coin show held last week in Baltimore, MD, can best be described as "excellent." We did a lot of buying and selling, overall had a great show. Sales were stronger than we expected, and we sold a lot more than we expected to. Additionally, purchases were good, and we bought some rarities, as well as a pile of inexpensive errors. Many of the rare coins are off being graded, while the less expensive coins, and some of the already certified rare errors will be listed on our website in the coming week or so.
Our not that good photo of one of our four display cases of major mint errors at the show
Two records were set in the auction held by Stacks. A 1958 doubled die brought $336,000, which is a new all time record for a doubled die cent at auction, and also a Sacagawea/statehood quarter mule brought a new record for a sale at auction when it fetched $192,000! A 1955 doubled die brought over $100,000 as well, being a high grade red example. Other errors and varieties fetched expected or stronger than expected prices.
The U.S. coin market appears to be doing great, at least for "nice coins." Auction prices were good, and dealers at the show all had "ok" to "excellent" shows, with most saying they were having really good shows. This was despite the snowstorm canceling many dealers flights, and the attendance therefore somewhat lighter than normal. It didn't keep the dealers and collectors from having a great show though.
We do not have anymore shows now until June, which means a two and a half month dryspell from coin shows. We don't think this will greatly effect our supply of fresh coins though, since the Spring is a particularly active time of year in the hobby, and we expect to do a good amount of both buying and selling. If you want to get "first shot" at the coins we get in, be sure and send us your want list detailing what you are actively looking for right now. Otherwise, sign up for our "fresh coins email alert", which will send oyu an email when fresh coins are listed on the website (usually 2-3 times a month.) This is a good way to not loose out on new errors we get in, since many coins sell as soon as they are listed! You can sign up here for our email newsletter.
A view of the bourse floor at the Baltimore coin show.