Author Archive

Two Fresh Collections in DLRC Auctions Right Now…

Posted by John Feigenbaum at 28 February, 2010, 9:23 pm - (1) Comment
Categories: DLRC (David Lawrence Rare Coins), DLRC Auctions, Hot Topics, John Feigenbaum's Ramblings, Stella info

Collectors are getting tired of hearing how there are now fresh coins out there...blah, blah, blah.... But it's really true. We haven't seen anything like the regular flow of fresh coin collections coming from our clients in the last 18 months, like we had in years prior. It's hard to explain the phenomenon but collector's are keeping the prized numismatic holding close to their chests. Prices have come down across the board… Continued...

CAC Reports Submission Statistics

Posted by John Feigenbaum at 19 February, 2010, 11:27 am - (1) Comment
Categories: CAC, Hot Topics, Stella info

The folks at CAC (Certified Acceptance Corp) have shared some information about submissions and acceptance percentages with us. CAC started their services in 2007. Coins Submitted: 144,137 Insurance Value of Coins Submitted: $ 801,093,163. Green stickers issued: 68,034 Gold stickers issued: 296 Wholesale Trading Volume: $139,000,000 Statistically, it looks like CAC is making a big impact in their first two years. From our perspective at David Lawrence Rare Coins, we know that CAC coins… Continued...

Gold Hits all-time High Against the Euro

Posted by John Feigenbaum at 15 February, 2010, 10:17 am - (0) Comment
Categories: News, Stella info

Earlier today, gold hit an all-time high at around 808 euros. In U.S. dollars, gold is still well under it's peak of $1200+ levels. But the weakness in the Euro (which now stand around $1.36) has created the higher price relative to that currency. This may be the break we've been looking for in terms of seeing gold prices dis-associate themselves from the Euro, which has been a leading indicator… Continued...

Berlin Money Fair Show Report

Posted by John Feigenbaum at 30 January, 2010, 4:38 pm - (7) Comment
Categories: John Feigenbaum's Ramblings, Show Reports

I'm just wrapping up a short trip to Berlin, Germany for a large International coin show, called the Berlin Money Fair. I really wanted to come here and witness the world coin market first-hand and feel the energy of collectors and dealers out of our country. The experience was worthwhile in many respects. For starters, this event is hallmarked by a large participation of worldwide… Continued...

Numismatic Road Warrior Restaurant Review * This week: Bedminster, NJ

Posted by John Feigenbaum at 30 January, 2010, 3:45 pm - (0) Comment
Categories: John Feigenbaum's Ramblings

On a recent trip to Europe, I took a long layover opportunity to visit my friends at CAC. I did a little biz and went to lunch at this great little gem of a restaurant in Bedminster named "Twofiftytwo".  The service was friendly, and the organic vegetables were a wonderful addition to the menu. Perfect for me as I'm a vegetarian, unlike my carnivorous lunch-host John

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