Coins We Love: We Bought a Business?!

Coins We Love: We Bought a Business?!

First of all, our thoughts and prayers are with those in the southwestern part of North Carolina and in my hometown area of upstate South Carolina and Eastern Tennessee. While my friends and family seem to be fine, the scenes have not been pleasant and while we’re in a world of coins that is supposed to be fun, the realization that some things are just far more important doesn’t slip our minds. Stay strong.

It’s felt like quite a week at DLRC. I have to admit, the first few days were overly stressful, but now that we’ve made it to Thursday, all of the work from the past 7 days has come together and it finally feels like progress is ahead. Last week, JC, Jack, Wes, and I made our way to the Virginia Numismatic Association show for the day on Thursday. It was in a new location that was quite different. We made our way to the Richmond International Raceway with the hopes that we could join the pit crew…until we reached the destination and realized that it was in the old barn at the former State Fairgrounds outside of the racetrack. It felt like home to me (rural Southern farming in my blood!), but the thought of a few Red Angus or Holsteins walking down the aisle of the bourse made me smile.

For those of you who made it on Friday or Saturday, I’m sorry that we missed you. Thursday turned out to be a rather exciting and eventful day and we had to cut our visit short. We did a first pass around the floor and bought a few goodies here and there. However, I was able to bird-dog a pattern we needed for one of our favorite local customers and it started an avalanche of a deal that concluded in literally buying out a dealer of his entire inventory and show materials. This is a rarity for us and it was the first time we had ever done that, so we checked something off our numismatic bucket list. We had to figure the deal of over 500 coins in less than an hour and then figure out what to do with everything, because we were also responsible for cleaning up his table, his showcases, and everything. But, we closed the deal and then looked at ourselves and said “What in the world are we going to do now…?”

The smart move was to pack it up and get home so we can get to work, so we did. We didn’t even have enough suitcases to contain it, but we made it work. We don’t have much evidence of the deal just yet, except for this photo of the sign we acquired in the deal as well. Those of you who know that I collect small items from collections, coins, and deals I’ve acquired in the past, know that this sign will be prominently displayed in the DLRC office! Alongside my bidding paddle from a 94-S Dime and some odd holders (or labels) along the way.

So, what’s in this collection? A smorgasbord of coins. It ranges from Morgan Dollars to Seated Halves to Indian and Lincoln Cents, with a nice handful of better date $5 and $10 Indian Gold. Because of the memory, we’ve decided to sell the entire collection with NO RESERVE in 2 weeks as the Stockyard Collection. Admittedly, we got a fair deal on this group. It wasn’t a steal by any means, but it was fair and the coins were of nice quality as a whole. So, we’ll move forward with it and hope that you find something fun and neat that might fit into your collection. Either way, it will go live in 2 weeks!

We hope that you enjoy these highlights that we’re excited to share with you this week, including our incredibly discounted price on the MS67 Morgans that you’ll see listed at the bottom of the email. And as always, if you have any questions, don’t hesitate to reach out!

Numismatically Yours,

John Brush and Your Friends at DLRC

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