Blog

March 30, 2019
100 view(s) 15 min read

Overgrading and How It Affects Coin Values

I have written about the problem of overgrading for many years now.

In 1996, I began a service called Photo Seal. In small ways it has helped control the problem within the Flying Eagle and Indian cent collector community, but we are now closing in on 30 years of certified grading.

Over the years we have seen an ever increasing amount of coins being certified with grades that can only be described as overgraded. These coins do not disappear from the market; in fact, they tend to have a multiplying effect. Once graded, they are placed in the marketplace, usually at auction.  There they tend to sell for below market prices. The original submitters reap their profit and from then on the coins are traded at a discount, from auction to eBay to dealer’s inventory to eBay again and then back to another auction, never finding a final resting place.

March 28, 2019
27 view(s) 2 min read

Central States Coin Club Forms Scholarship For Young Coin Collectors

Central States Numismatic Society is proud to announce the formation of a new scholarship for young numismatic professionals to attend the ANA’s Summer Seminar. 

The Emerging Young Professional Scholarship sponsored by Eagle Eye Rare Coins in Tucson, AZ, is designed to help nurture and educate young dealers and help them build a professional network through attending Summer Seminar.

As Eagle Eye Rare Coins owner, Rick Snow, said, “It is difficult to get into the coin business without the help and guidance from established dealers. I could not have begun my career in numismatics without the support of the dealer I worked for prior to starting Eagle Eye Rare Coins in 1992, Elliott Goldman. It is my hope that this scholarship will help an emerging numismatist make that leap into a professional career.”

CSNS President Mitch Ernst added, “We all have heard that YN’s are the future of the hobby. Yet, no one has thought about helping the future of the dealer side of the hobby. It is our hope that this scholarship will help fill that need.”

March 22, 2019
41 view(s) 1 min read

Thought Leaders Series Videos: Eagle Eye Rare Coins

Eagle Eye Rare Coins, is owned by Flying Eagle and Indian cent expert Richard Snow.

 

Since 1992, Eagle Eye has been specializing in quality Flying Eagle and Indian cents. Rick is the author of the references on the subject and was awarded the ANA’s “Numismatist of the Year” award in 2010. Rick is a major contributor to many of the price guides and supports numismatics by teaching at the ANA Summer Seminar.

 

To watch the interiew, click on the View Post button.

Eagle Eye Rare Coins 2024 | Site by Digital Studio NW