Category Archives: Press Releases

eBay announces new policy on replicas

Earlier this morning, eBay sent the following message to its community of coin buyers and sellers. This is welcome news for those of us in the industry because many collectors have found the venue to be loaded with confusing offerings of real coins and replicas. I have been told personally by senior executives at eBay that this is the first step of many that the organization is taking to improve… Continued...

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David Lawrence Rare Coins offers CAC-only Online Auction: Over 700 Coins Valued at $1.5 million to cross the block

Bidding Closes Monday, September 12

David Lawrence Rare Coins Auctions announced what may be the largest internet-only auction of PCGS and NGC coins with CAC approval ever held. According to auction director, Jason Smith, “this sale features over 700 CAC-approved coins with a market value over $1.5 million. The scope and breadth of this sale is unprecedented. We’ve got offerings from an 1841 large cent PCGS/CAC Proof

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PNG Forms Coin Doctoring Definition Committee Headed by Albanese

The Professional Numismatists Guild (www.PNGdealers.com) has formed a committee composed of PNG members and non-members to research and draft an industry-acceptable definition of “coin doctoring.”

“They will draft an exhaustive but concise definition. Coin doctoring is a crucial, perplexing issue that needs to be addressed for the benefit of collectors and dealers,” said Jeffrey Bernberg, PNG President. “We’re determined to get this done.”

The committee… Continued...

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CAC Offers $20 Million For 1933 Double Eagles

The Certified Acceptance Corp. (CAC) is offering to pay the U.S. government $20 million for the 10 highly publicized 1933 Saint-Gaudens double eagles recently found to be government property.

The offer is “solid,” and could even be increased following closer inspection of the coins, said John Albanese, founder and president of the New Jersey-based firm.

“Considering all the trouble the government is having with the deficit… Continued...

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David Lawrence announces free shipping and no restock fees!

At David Lawrence Rare Coins, we’ve always prided ourselves on our customer service and we’ve decided to take it to the next level!

After discussing with various customers and researching other businesses, we’ve decided to make all standard shipping on all orders, including auction purchases, FREE of charge starting this afternoon. In addition, we have decided to waive all restocking fees.

So, if you’ve been… Continued...

Posted in Brush's Blog, DLRC (David Lawrence Rare Coins), DLRC Auctions, News, Numismatic Blogs, Press Releases | 1 Comment

CAC Keeping Strict Standards

PRESS RELEASE
8 March 2010

FOR FURTHER INFORMATION:

John Albanese
Certified Acceptance Corp.
Bedminster, New Jersey
1-908-781-9101

CAC KEEPING STRICT STANDARDS

Change may be in the air at one or more coin grading services, but dealers, collectors and investors will find business as usual at Certified Acceptance Corp. (CAC).

That’s the company’s message to the hobby in the wake of reports that at least one… Continued...

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CAC Reports Submission Statistics

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… Continued...

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NCA Recovers Nearly $900,000 for Coin Consumers

StellaCoinNews applauds the efforts and success of the Numismatic Consumer Alliance, a watchdog organization founded by CAC-founder, John Albanese, to protect the industry from the tactics of unsavory telemarketers and other unscrupulous dealers.

FOR IMMEDIATE RELEASE

FOR FURTHER INFORMATION:

John Albanese

Numismatic Consumer Alliance, Inc.

Bedminster, New Jersey

1-908-781-9101

A consumer… Continued...

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