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Rare Money Blog

By Q. David Bowers, Co-Founder

It is difficult to give any general advice about collecting; it is a matter of taste. If one means to become a collector, and not merely a possessor, it is wisest to choose perhaps a somewhat limited field. To collect everything numismatic means to acquire much that does not interest, and therefore one often becomes discouraged. The more acquired the more one finds there is to be gotten, and the farther one seems to be from a constantly receding goal.​​

By Q. David Bowers, Co-Founder

Ask collectors their reason for collecting and almost invariably they answer that it is for recreation. With the greater number this is the paramount motive, and as recreation is a necessity as well as a diversion, a collection in providing it, provides a service of no little value. But recreation is of several kinds, and compensating mental recreation is more difficult to find than that of a physical character.​​

By Q. David Bowers, Co-Founder

Some reflections on collecting in past times, part of a commentary I am doing on the “instant collecting” of today, 2019. “Instant collecting,” via the Internet and with certified coins and 101 different sources for pricing information, would seem to make it unnecessary for most collectors to know about authenticity, grade, or much else about numismatics. Today, for most buyers, collecting is mindless. Soon, the novelty wears off, and the newcomers are gone forever.

By Q. David Bowers, Co-Founder

This quiz asks you to identify on which date and denomination coin you would find some interestingly names varieties.

By Q. David Bowers, Co-Founder

When great collections are sold, the vast majority of them come our way—and have ever since Stack’s held its first sale in 1935. We seem to be a magnet, attracting sophisticated numismatists when they decide to sell their holdings. As such, no firm in the world has handled as many “name” collection, rarities, and other coins, tokens, medals, and currency as we have. ​​

By Q. David Bowers, Co-Founder

A reader recently asked whether I liked third-party grading services such as PCGS and NGC. This furnishes an opportunity for some comments.​​

By Q. David Bowers, Co-Founder

Last week was as busy as ever for those of us at Stack’s Bowers Galleries who were attending conventions. The New York International Show was anchored by our fine sale of ancient and world coins and paper money that saw excellent prices and strong competition. Melissa Karstedt was auctioneer at the American Numismatic Society Gala held at the Harvard Club on Thursday night—always a grand event.​​

By Q. David Bowers, Co-Founder

Happy New Year Part II to speak. My last message had to do with the world at large and present situations, plus a mention that I will be at the Florida United Numismatists convention in Orlando all day on Thursday and Friday, January 10 and 11. Whether you are a newcomer to the world’s greatest hobby (as I like to call it) or whether we’ve known each other for years, stop by to say hello. I will be glad to autograph any books you bring with me or buy at the Whitman booth at the show.

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