Author Archive: Jeff Garrett

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Coin Collecting Strategies – Avoiding Failure In Numismatics

Coin Collecting Strategies – Avoiding Failure In Numismatics

By Jeff Garrett for Numismatic Guaranty Corporation…. When deciding on a coin set to collect, consider the costs involved in obtaining each coin in the series. When I began collecting decades ago, my first goal was to complete a set of 1941 to date Lincoln Cents. I lived in Florida at the time and locating […]

Coin Collecting Strategies – The Importance of Liquidity

Coin Collecting Strategies – The Importance of Liquidity

By Jeff Garrett for Numismatic Guaranty Corporation…. When deciding what to collect, concentrate on coins with proven demand. Last year, the sale of an Apple 1 computer made headlines when it sold at auction for over $900,000 to the Henry Ford Museum in Michigan. These are incredibly iconic relics of the early development of personal […]

What Rare Coin Dealers Collect

What Rare Coin Dealers Collect

by Jeff Garrett for NGC Market Report Many assume that rare coin dealers have built incredible collections from the coins that they regularly trade. That is not often the case. Earlier this week, my local coin club met on the second Monday of the month, as usual. This month, a young intern who is working […]

Coin Collecting Strategies – Collecting By Die Variety

Coin Collecting Strategies – Collecting By Die Variety

By Jeff Garrett for Numismatic Guaranty Corporation….   In coin collecting, there is no right or wrong decision when it comes to deciding which varieties should be collected. In the last several months a client of mine has become quite involved collecting Morgan Silver Dollars. This client is quite studious and has spent considerable time […]

Coin Collecting Strategies – How Long Should You Hold Rare Coins?

Coin Collecting Strategies – How Long Should You Hold Rare Coins?

By Jeff Garrett for Numismatic Guaranty Corporation….   Due to societal changes, coin collecting has gone from a life-long pursuit to a rush to complete and sell a coin set. Until about a decade ago, most collectors built their collections over a very long period. Many who began collecting in the 1950s, 1960s and 1970s […]

Operating in a Changing Numismatic Marketplace

Operating in a Changing Numismatic Marketplace

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report….   With the world and rare coin market continually changing, every collector, dealer, and investor should try to understand what tools are available to make sound purchase and sales decisions. A few days ago I was reading the latest issue of Coin World and noticed an […]

Coin Collecting Strategies – Time To Buy Or Time To Wait?

Coin Collecting Strategies – Time To Buy Or Time To Wait?

By Jeff Garrett for Numismatic Guaranty Corporation…. Recent sales present an incredible buying opportunity for collectors as many of the coins being sold have been off the market for a generation. Yesterday afternoon I spent several hours reviewing auction lots for the Heritage Auctions Platinum Night scheduled for Thursday night. The sale contains 600+ lots, […]

Why Are NGC Certified Coins in “Old Holders”  In Such Demand?

Why Are NGC Certified Coins in “Old Holders” In Such Demand?

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. Many of the early graded NGC coins are highly sought after by dealers and collectors.During the recent Baltimore show, one of the dealers had on display an example of the infamous “Black NGC” holders. The holders date from the very beginnings of […]

CoinWeek: Jeff Garrett  Running for ANA President Defines His Platform

CoinWeek: Jeff Garrett Running for ANA President Defines His Platform

Jeff Garrett, Mid-American Rare Coin Gallery Interviewer: David Lisot, CoinWeek…… Jeff Garret is running unopposed for president of the American Numismatic Association. He discusses his platform and what he hopes to achieve when his is president of the world’s collector organization devoted to coin collecting. Copyright © CoinWeek – Portland – March 2015 American Numismatic Association National Money […]

Jeff Garrett on NGC Details Grading: It’s All in the Details

Jeff Garrett on NGC Details Grading: It’s All in the Details

By Jeff Garrett for Numismatic Guaranty Corporation….   Common causes for Details Grading are cleaning, artificial toning, scratches, environmental damage and repair (or damage) to the submitted coins. For the first 20 years or so that NGC graded coins, any pieces submitted that were deemed unacceptable for certification were returned in a plastic sleeve. These […]

By February 27, 2015 1 Comments Read More →
Coin Collecting – Set Building – American Gold Eagles

Coin Collecting – Set Building – American Gold Eagles

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. Collecting American Gold Eagles is an attractive endeavor for a lot of numismatists. My last article examined the fascinating phenomenon of the annual rush for American Silver Eagles that occurs in January. As mentioned, thousands of collectors are actively involved in the series. A set […]

By February 13, 2015 0 Comments Read More →
American Silver Eagle Season Begins

American Silver Eagle Season Begins

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. Silver Eagles are now collected by more people than about any other series on the planet. In recent years an annual tradition in the numismatic world has begun at the beginning of every calendar year. Starting in January the U.S. Mint commences delivery of United […]

By February 2, 2015 0 Comments Read More →
2015 FUN Coin Show – A Complicated Success

2015 FUN Coin Show – A Complicated Success

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. Jeff Garrett has often stated that anyone concerned about the coin market should attend a large coin show and they will probably leave feeling much better. The 2015 FUN show was a classic example. Going into the show, most coin dealers and quite a few […]

By January 16, 2015 0 Comments Read More →
Rare Coin Markets – Top 10 Numismatic Predictions For 2015

Rare Coin Markets – Top 10 Numismatic Predictions For 2015

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. For most dealers and collectors, 2014 has been an exciting and successful year. Several great collections were sold at auction, and were, for the most case, fully absorbed by the marketplace. The Eric Newman and Eugene Gardner collections presented many collectors with […]

Coin Collecting Strategies – How To Handle A Soft Coin Market

Coin Collecting Strategies – How To Handle A Soft Coin Market

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. Markets seldom go straight up, and fluctuations are to be expected. An understanding of the current market and the opportunities it may afford will help collectors navigate a down market. This year’s ANA convention in Chicago was vibrant and active. Tens of […]

By December 19, 2014 0 Comments Read More →
Great Numismatic Sales of the Past : The Amon G. Carter, Jr. Family Coin Collection

Great Numismatic Sales of the Past : The Amon G. Carter, Jr. Family Coin Collection

Posted by Jeff Garrett from the Numismatic Guaranty Corporation Weekly Market Report ….. A Great Time to Buy Rare Coins The last series of articles detailed the auctions conducted by Bowers and Ruddy of the Garrett Collection.[ Part 1, Part 2, Part 3 ] The sales contained an incredible array of numismatic material covering Colonials to Territorial […]

By December 5, 2014 0 Comments Read More →
Great Coin Collections : Garrett Sales Conclude — Part Three

Great Coin Collections : Garrett Sales Conclude — Part Three

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. The market timing of the Garrett sales were incredible when viewed in hindsight. This week we will discuss the final portion of the Garrett collection that was sold by Bowers and Ruddy Galleries in March, 1981. By this time, the rare coin […]

By November 21, 2014 0 Comments Read More →
The Great Numismatic Sales of the Past – Garrett Sale Part Two

The Great Numismatic Sales of the Past – Garrett Sale Part Two

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. To read Part One of Jeff’s series on great numismatic sales, click here. … The four sales of the Garrett Collection held from 1979 to 1981 were of staggering importance to numismatics.   Last week, Heritage Auctions announced that the unparalleled collection of United States Colonial […]

By November 7, 2014 3 Comments Read More →
Great Numismatic Sales of the Past – The Garrett Sale Part 1

Great Numismatic Sales of the Past – The Garrett Sale Part 1

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. It is highly recommended to examine great numismatic sales of the past when given the opportunity.  On November 14 and 15, the fifth installment of the famed collection belonging to Eric P. Newman will be sold in New York City. The sale features another incredible […]

By October 24, 2014 1 Comments Read More →
The Future Of Numismatics

The Future Of Numismatics

Posted by Jeff Garrett on the Numismatic Guaranty Corporation Weekly Market Report ….. We all have a stake in making sure there are more coin collectors in the future. A few weeks ago, I spent several days in Colorado Springs visiting the American Numismatic Association (ANA) headquarters. The focus of the visit was to help […]

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 →
 
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