Author Archive: Jeff Garrett

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Technology and Numismatics

Technology and Numismatics

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. Advances in technology have greatly enhanced the coin hobby. The rare coin business has grown tremendously in the last 10-15 years. One of the primary drivers of this growth has been advances in technology that have greatly benefited our hobby. These advances […]

By September 26, 2014 0 Comments Read More →
Coin Collecting Strategies: Rarity Wins In The Long Run

Coin Collecting Strategies: Rarity Wins In The Long Run

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. Buy the best you can afford and focus on rarity whenever possible. The recently announced sale of the Pogue collection brought back memories of the 1982 auction sale of the Eliasberg gold coin collection. Several of the most spectacular pieces in the […]

Coin Prices : The Importance of Auction Records

Coin Prices : The Importance of Auction Records

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. Auction records are easily accessible for collectors and dealers today but 15 – 20 years ago they were hard to come by. A quarter century ago, the world of rare coin pricing was considerably more difficult than it is today. Anyone wanting […]

When Buying Rare Coins, Who Do You Deal With?

When Buying Rare Coins, Who Do You Deal With?

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. Regardless of whom you buy coins from, understanding the numismatic landscape will give you a better idea of how the hobby operates. Anyone who collects coins, other than plucking them from circulation, buys them from someone. Many collectors may find their coins from various sources, […]

Ten Numismatic Books to Get You Started

Ten Numismatic Books to Get You Started

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. Even though we live in the Internet age with virtually everything at our fingertips, books are still an important part of any numismatic education. Dave Bowers once famously stated, “buy the book before the coin.” This advice is extremely valuable to anyone considering even a […]

Can Auction Representation Help You Buy The Coins You Like At The Right Prices?

Can Auction Representation Help You Buy The Coins You Like At The Right Prices?

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. As nearly everyone who buys rare coins knows these days, a larger percentage of the market is conducted at auction. The auction market has exploded in recent years. Twenty years ago, the total amount of rare coins sold at auction in the […]

By February 28, 2014 0 Comments Read More →
In the Rare Coin Market, Quality is not Everything

In the Rare Coin Market, Quality is not Everything

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. There is plenty of demand for major rarities in any condition. For much of the last few years nearly everything you read about in numismatic market reporting is the insatiable demand for top quality material. Nearly every auction held has coins bringing record prices in […]

By February 14, 2014 3 Comments Read More →
Coin Collections: Eric P. Newman Sales Scales New Heights!

Coin Collections: Eric P. Newman Sales Scales New Heights!

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. In my opinion, the sale of the Eric P. Newman collection is the clearest ever demonstration of the rare coin market’s insatiable desire for quality. The sale of the Eric P. Newman coin collection has been touted by many serious coin dealers […]

By January 17, 2014 1 Comments Read More →
Market Report: Gold Drops Below $1,200 – Now What?

Market Report: Gold Drops Below $1,200 – Now What?

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. What impact, if any, will the lower prices of precious metals have on the rare coin market? Last week the Federal Reserve announced a forthcoming slight drop in the fiscal stimulus known as “quantitative easing”. They will start scaling back on monthly […]

Coin Collecting: Selling By Private Treaty

Coin Collecting: Selling By Private Treaty

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. Selling by private treaty gives the seller a chance to determine by negotiation the final amount received. My last article discussed strategies to be a successful consignor to rare coin auctions. Auctions have become a much larger share of the rare coin […]

By December 9, 2013 0 Comments Read More →
Coin Collecting Strategies: Selling Your Collection At Auction

Coin Collecting Strategies: Selling Your Collection At Auction

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. Consigning coins to auction is not always a simple matter. There are many factors to consider. Heritage Auctions recently sold a significant portion of the incomparable Eric Newman collection. The NGC graded coins realized over $23,000,000. His original cost for this group […]

By December 4, 2013 1 Comments Read More →
Rare Coin Marketplace: Specialized Designations for Strike Quality on Specific Coin Series

Rare Coin Marketplace: Specialized Designations for Strike Quality on Specific Coin Series

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. Jefferson Nickels, Mercury Dimes, Roosevelt Dimes, Standing Quarters and Franklin Half Dollars are often collected by specialized designations for strike quality. When I started in rare coins over 35 years ago, there was only modest interest in later date 20th Century coins. […]

By November 12, 2013 2 Comments Read More →
Rare Coin Market: Top End Soars

Rare Coin Market: Top End Soars

Posted by Jeff Garrett on the NGC Weekly Market Report ….. The top end of the rare coin market has never been higher. Whenever something truly special is offered for sale, a new price record is set. Earlier this month a rare coin auction was held on the West Coast that featured just 27 United […]

By October 24, 2013 1 Comments Read More →
Rare Coin Pedigrees: An Incredible Story of Colonel Ned Green

Rare Coin Pedigrees: An Incredible Story of Colonel Ned Green

Posted by Jeff Garrett on the NGC Weekly Market Report ….. The Green Pedigree is probably best known because of the association with the 1913 Liberty Nickels. Several weeks ago I discussed the recent sale of selections from the Eric P. Newman Collection. The sale was very successful and by now many are familiar with […]

By October 11, 2013 0 Comments Read More →
Ten Questions for Numismatic Legend, Ken Bressett

Ten Questions for Numismatic Legend, Ken Bressett

Posted by Jeff Garrett on the NGC Weekly Market Report ….. A question and answer session between Jeff Garrett and a numismatic luminary will periodically be featured in the NGC Weekly Market Report. Over the last 35 years of collecting and dealing rare coins I have met many wonderful and very knowledgeable individuals. Quite a […]

By September 26, 2013 0 Comments Read More →
Mirror Mirror  : Collecting Prooflike Morgan Silver Dollars

Mirror Mirror : Collecting Prooflike Morgan Silver Dollars

Posted by Jeff Garrett on the NGC Weekly Market Report ….. Collecting Prooflike Morgan Silver Dollars by date is extremely challenging. There are few numismatic delicacies as aesthetically appealing as a deeply Prooflike silver dollar. These coins are simply stunning! Anyone who collects Morgan Silver Dollars is familiar with these interesting coins. Even though most […]

By September 16, 2013 3 Comments Read More →
Why the American Numismatic Association Matters

Why the American Numismatic Association Matters

Posted by Jeff Garrett on the NGC Weekly Market Report ….. I strongly urge anyone collecting rare coins to discover what the ANA has to offer. This past week the American Numismatic Association (ANA) conducted the World’s Fair of Money. My last article discussed this convention and the excitement the annual convention promises for everyone […]

Trophy Coins: A Combination of Rarity, Quality and a Great Back Story

Trophy Coins: A Combination of Rarity, Quality and a Great Back Story

Posted by Jeff Garrett on the NGC Weekly Market Report ….. Rarity will always be a factor in rare coins, but the combination of rarity, quality and a great story is what makes a wonderful trophy coin. Most traditional collectors choose a series and begin the process of forming a collection. My personal numismatic journey […]

Collecting Modern Coins: Much has changed in recent years.

Collecting Modern Coins: Much has changed in recent years.

Posted by Jeff Garrett on the NGC Weekly Market Report ….. Huge prices for finest knowns are just part of the modern coin market. For most of my career I have dealt almost exclusively in vintage United States coinage. This would be defined as coins struck from 1793 to around 1947. To me, series like […]

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