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By Harvey Stack, Co-Founder

​Our 1997 auction season continued in May with a sale of nearly 1,200 lots of United States coins and paper money featuring the McGreevy Family and Bruce Lawrence collections. While not complete offerings, the quality was nicer than what was usually offered and there was great competition for both common and scarce items by bidders looking to fill holes in their collections. Interest and participation by both collectors and dealers continued to grow as the year went on. ​​

By Harvey Stack, Co-Founder

​In the last quarter of 1996 and going into 1997 numismatics showed signs of new interest and regrowth. As grading and authenticating services became more prominent, buyers had more confidence in their purchases, and a lot of unscrupulous sellers were taken out of the market. Of course not everyone liked slabs as it made some of the traditional ways of collecting – using paper envelopes or coin albums – very hard to continue. If you had a collection you were building in an album or large lucite holder, these collecting methods made it very clear what items you were still looking for and what was needed.​

By Harvey Stack, Co-Founder

​1996 turned out to be similar to the few years before, with the numismatic hobby starting to lose many members. Many were confused by the eagle silver and gold precious metal "disks" being made by the Mint. They were commonly called "coins" but were they really coins? The face values ($1 for one ounce silver and $50 for one ounce gold) did not match the intrinsic value of the metal or the price that was charged for them. Not only did this cause some new and established collectors to leave the hobby, but it also diminished the budgets of those who did purchase these items.​

By Harvey Stack, Co-Founder

​On the auction front, 1995 was a very important and active year for Stack's as we cataloged and presented nine separate auctions. These sales contained large and important collections of United States coins from colonials to modern issues as well as coins of the ancient world and foreign issues.​

By Harvey Stack, Co-Founder

​As I ended last time, I had been invited to speak at a hearing of the U.S. banking committee along with others in the hobby, to talk about the loss of interest in the U.S. Mint's modern commemorative programs. Congressman Jimmy Hayes, a collector and friend to me, had come to the committee specifically to introduce me to his colleagues. I thanked Jimmy for the introduction and started to relate my experiences with the current Mint products.​

By Harvey Stack, Co-Founder

​​In 1995 there were many signs that the numismatic hobby was growing, from old timers adding to collections or starting new ones, to beginners entering the field for the first time. However, while traditional numismatic collectibles were doing well, there seemed to be less interest in later issues from 1990 to 1995. Proof sets and modern commemorative coins from the Mint saw a drop in orders and sales.​

By Harvey Stack, Co-Founder

​In October 1994, Stack's was pleased to offer a major part of the famous collection formed by James A. Stack, Sr. (no relation to our family). As explained when telling of earlier offerings by Stack's in 1975, 1989 and 1990, Stack's was privileged to offer for sale portions of this important collection. After his father's death, James Stack, Jr. took over the collection and decided that it should be offered in sections because the total value at the time would exceed any other collection he researched, and this might limit in the "spending power" of collectors and dealers.​

By Harvey Stack, Co-Founder

​The year of 1994 provided Stack's with a great selection of auctions, eight public sales, all conducted in New York City. These were made up of two international sales as well as six that featured items from the United States, with specialized collections, most of which had been assembled from the 1950s through the 1980s. The highlight collection was major portions of the renowned James A. Stack Collection of United States Gold, Silver and Copper Coins, as well as an important offering of English gold and silver coins, all in outstanding condition. The James A. Stack, Sr. Collection was started during World War II and then built over several decades with his son and other members of his family. James A. Stack , Jr., took over the management of the collection and sold portions of it in various Stack's sales.​

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