Wednesday February 12

Andy’s Blog February 12, 2014

by CoinsofAmerica

(EDITOR’S NOTE:  The following represents secretly-recorded excerpts from recently leaked conversations between Andrew Kimmel and his psychiatrist, Dr. Penny Klickter.  Publication of this material is strictly forbidden, so don’t even think of telling your friends.)

AK:      Uhhh, doctor, I feel kinda funny about saying this, but I’m a coin nerd.

Dr. K:     This wasn’t easy for you to admit, was it?  However, it’s important that we confront our personal demons at some point.

AK:     Yes, DEMONS!  I’m dreaming about coins all the time.  I see them at the store, on the ground, in my piggybank.  I, I…(sobbing)

Dr K:     It’s okay. Take your time, Andy. Understanding the problem represents the first step toward peacefully resolving otherwise unresolved issues.  Let’s start from the beginning.

AK:     (gasp)  Allright.  (sniff, sniff)  A few years ago I saw some shiny golden colored dollar coins for the first time.  And, and, I didn’t know what they were, so I began to save them.  It was around Presidents’ Day, and my son was studying American Presidents in a U.S. History class.  I was younger then…naïve…and weak.  WEAK, I TELL YOU!!

Dr K:     Take your time.  Breathe slowly.  Better now?

AK:     Yes, I think so.  I began to line up my Presidential dollars on the kitchen table.  Then I sorted them according to their condition.  I stacked them, read all the edge lettering, and arranged them according to date.  My wife decided to give me a coin album to display the coins.  They looked shiny…glossy…alluring.  The day after placing the coins in the album I visited the bank.  The bank.  The bank…the buhbuhbuh…b…b…

Dr. K:     Andy, are you okay?  Stay with me!  We can work through this!!!  What happened?  Tell me, NOW!!!

AK:     What did I see?  What did I see?  An entire display case filled with Presidential Dollar coins housed in pretty packaging!  I think they called them “Legacy Sets” or some similarly evil name.  That’s when my breakdown happened.  Right there, on the blue linoleum floor in front of the lollipop basket and complimentary dog snacks.  When I saw those awesome Legacy Collection Presidential Dollar sets, I just sorta flipped out.  Why me?  Why now?  What does it mean?

Dr. K:  It means that you appreciate history.  It means that you want to own something beautiful.  You want to learn.  These are good things, Andy.  Now tell me, what do the coins look like?  Can you talk about that?

AK:     Well, they are golden-colored and a bit larger than a quarter but smaller than a half dollar.  “E Pluribus Unum” and the date are located on the edge of the coin, and the Statue of Liberty appears on the reverse.  When you stack them all up, they form this cool-looking column of gold.  There is one coin for each President with new coins coming each year.  What I really like is…is…Doctor?  What are you doing?  Why are you looking at your pocket change?

Dr. K:       Uhhh, what’s that?  Hmmm…I have a Presidential Dollar right in my pocket.  It’s actually kinda neat.  I can see why you like it.  I think that’s George Washington, right?

AK:     PUT IT AWAY.  QUICK!  Don’t touch it.  Forever will it consume you. Once you begin…

Dr. K:     Yeah, this could become pretty fun.  What was the name of that set you mentioned?  Legacy or something?  Where can I find them?  Tell me about the sets, Andy.  Tell me.  TELL ME!!!!!

AK:     NO, I’ll NEVER TELL.  They are all mine.  MINE!!!  You’ll never find them.

Dr. K:  Ohhh yessss I willll.  They are mine now…gimme that!!!

(This represents the last intelligible portion of the conversation.  Only garbled grunts follow.  Neither Kimmel nor the doctor have been located to comment on this exchange, but you can find Legacy Sets right here at MPI coins: http://www.coinsofamerica.com/legacy-collection-3-pack.html)

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Friday January 24

Andy’s Blog January 24, 2014

by CoinsofAmerica

Nothing excites a coin dealer more than discovering a fresh coin collection hidden from view for decades. Such was the case recently after a client passed away. Although the gentleman began collecting coins as a child in the 1920’s, his family owned a spectacular collection started generations earlier.

As my client described things: “Times were sure different in the 1920’s and 30’s.” Rare coins cost a song, as high grade rare gold and silver coins fetched scant premiums over face value. Moreover, by the time he began to collect, his family already owned hundreds of Colonial coins, rolls of uncirculated Flying Eagle Cents, a complete roll set (twenty coins of each specimen) of uncirculated Walking Liberty Half dollars (including 1921-D and S), a Morgan Dollar roll set, complete proof sets from the 1860’s through the 1890’s (cents through gold) and topping it all, a gem uncirculated set of United States Cents from 1793 through 1925 including all Chain Cent varieties from 1793. My client estimated that his ancestors began collecting coins in the late 1700’s.

His family stored and displayed the main collection in old-fashioned cabinets featuring pull-out drawers that contained slots to organize the coins. The family stored duplicates and lower quality items in scores of small table-top cabinets. Generations of family members prominently displayed the main collection in their living room as a source of pride and family history…

…until the collection was stolen in the early 1960’s.

No suspects emerged, and the family recovered nothing. As you might imagine, the theft deflated the gentleman’s collecting sails, so his coin collecting days ended. Paraphrasing his words, losing the collection proved so heartbreaking that he ignored numismatics for thirty years.

However, in the early 1990’s he discovered something remarkable: a single table-top cabinet filled with coins hidden in the basement. Discovering the cabinet spurred him to contact me, and we began a friendship until his passing. When his family elected to sell the coins, I travelled to his son’s home to conduct the inspection. A single coin cabinet sat on a table! I had no idea whether the cabinet was full or empty, but I took a breath, pulled open the top drawer, and stared. Wow! Dozens of gold coins, Colonial coins, high-grade Liberty Seated quarters, twenty-cent pieces, and Flowing Hair silver coins from the 1790’s greeted my eyes as I opened successive drawers. His son conjectured that this cabinet ended up tossed in a basement dresser because it contained “junky low-end duplicates” that failed to match the collection’s overall quality. Low end? Coins in this box alone fetched a small fortune, so imagine the value of the original collection!

And so…here it is: an antique pint-sized coin cabinet once part of an incredible old-time coin collection.

What might have been.

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