Tag Archives: david lawrence

David Lawrence Rare Coins Golden Opportunity sale realizes over $500,000!

by John Brush Posted on October 7, 2010

David Lawrence Rare Coin Auctions offering of the Golden Opportunity Sale realized an impressive $535,895 with several post-auction sales pending. The offering of 96 PCGS-graded gold coins, highlighted by many CAC approved coins, was completed on Monday night, October 4th. Featuring two fresh to the market collections, the Bayside Gold Collection, an extraordinary Gold Type Collection of 48 PCGS-certified pieces, and the Mollie’s Gold Collection, a top-10 ranked PCGS $20… Continued...

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Rare Coin Market Update: Is there a heat wave?

by John Feigenbaum Posted on July 25, 2010

It Sure is Hot Out Here…
It’s been a while since my last market report, so I’m long overdue writing this entry. The coin market has been humming along steadily and business has been pretty good. Not great, but good.

I’ve been reading blogs from other dealers and most often I get the vibe the the coin market is “really hot” or “just about to be really hot”, or… Continued...

Posted in DLRC (David Lawrence Rare Coins), Hot Topics, John Feigenbaum's Ramblings | Tagged , , , , , , , , | 15 Comments

The Picky Collection Goes Wild

by John Feigenbaum Posted on March 12, 2010

DLRC Auctions sells the Picky Collection of Bust half dollars and more

Results from last night’s sale of the “Picky Collection” were superb. The collection which large consisted of Bust half dollars, was assembled over the past decade by a very astute collector of these coins and was superb in quality.

John Brush and Jason Smith of David Lawrence Rare Coins

Continued...

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CAC Reports Submission Statistics

by John Feigenbaum Posted on February 19, 2010

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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National Gold Exchange Files for Chapter 11

by Stella Admin Posted on July 28, 2009

In an unfortunate turn of events, National Gold Exchange (NGE) has filed for bankruptcy protection, as reported by the St. Petersburg Times. Apparently, their primary creditor (Sovereign bank, in Boston) is claiming that the company misused collateral and has been bouncing checks lately. This is the public news of the event.

Within the coin industry, most of us have been aware of NGE’s woes for some time… Continued...

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Interesting Analysis on the Gold & Silver Market

by Stella Admin Posted on April 22, 2009

Pat Heller of Liberty Coins in Michigan is a good friend to us at David Lawrence and well respected as an observer of gold and silver markets. He writes an interesting article in this week’s Numismaster about the recent trends of these markets. I get a lot of inquiries from colleagues on this topic and I think his observations are quite astute… Continued...

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State of the Rare Coin Market

by John Feigenbaum Posted on April 7, 2009

The first quarter of 2009 is officially on the books and now seems as good a time as ever to reflect on the first three months of the new economy.

First, I’m quite surprised to report the coin market is holding up surprisingly well as we read headline after headline that reminds us of the massive recession that is upon us. It would seem that coin collectors are generally… Continued...

Posted in DLRC (David Lawrence Rare Coins), John Feigenbaum's Ramblings | Tagged , , , , , , , , | 1 Comment

Smokin’ Smoky Mountains Collection of DGS coins…

by John Feigenbaum Posted on January 30, 2009

Last night, we closed Auction #328 which featured (among other great coins) the Smoky Mountains Collection of coins. These coins were submitted to DGS by a long-time collector and client of David Lawrence Rare Coins. In total, we sold approximately 367 DGS coins for 50% over the amount we guaranteed the client. Over 120 different bidders were successful. In total the auction realized an eye-popping $230,000!

This… Continued...

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