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8/15/2010 - Boston ANA---We just got back from the Boston ANA this past Saturday night. The auction was conducted by Heritage. It was an odd layout of the floor. There was a main section of the bourse floor and another smaller section that was separated by a wall down the middle of the convention center. A lot of dealers were complaining about being in the smaller area. But like Harry Jones said, “If you’ve got good material, the people will find you.” That seemed to be the case! I ask a lot of dealers of oth coins and currency how the show was going for them. There was mixed reactions. The dealers who always seem to do well were having a good show, others did not do so well. It’s more about having well priced or new inventory than an up front location. What a great show for a change. I thought it was better than most of the recent ANA’s I had attended. I was really surprised by all the hustle and bustle of the show. There was a lot of activity in the main area of the bourse area. The main floor seemed to be quite busy at the times I was there. The back section was less crowded but somewhat busy at times. I got there Tuesday night and started the show on Wednesday morning. I think the charm of old downtown Boston had a lot to do with the success of the show. There seem to be a very vibrant amount of people partaking in the festive activities of downtown Boston near the Back Bay area. For those of you who have been to downtown Boston or those of you who attended the show, you know what I mean. The View” is outstanding as I could easily hang out there for a day or two. There is a lot of history in Boston. Anyway, Brandon did a tremendous amount of business hunting down some really nice toned coins for the jhonecash website. As far as currency goes there wasn’t much to for me to buy. There were the 3 or 4 regular currency dealers who have nice displays of notes in high grades, but not much else. A lot of currency dealers did not show up at all. I didn’t see anything new for me. I did pick up a few notes including a 1934 Boston $10,000 bill. I thought the currency auction was as weak as anything Heritage has offered in a long, long time. The coin side was a different beast. I heard numbers from $22 million to $25 million of coins were sold at the Heritage auction. A lot of dealers complained on how long the show was. Some dealers had been there almost 10 days from the pre auction till the very end. Overall the show in my opinion was a success, others may think different. The market seems mixed as it seems that there is a wait and see attitude. People have the money to spend, but seem to holding off unless it a great deal or it’s an item they have been waiting to show up to purchase. We will have a better idea on the market as summer vacations end and the kids are back to school. It should be a great fall for the business as the overall attitude seems to be on an up. Now is the time to pick up your coins or currency notes for your collection, before the price starts going up as it traditionally does in the fall.

8/7/2010 - ANA in Boston Comming---Well Im back from my extended family vacation. In 57 days we traveled 8,900 miles, passed through and visited 24 states, drove coast to coast from Astoria on the Oregon cost to Emerald Isle, on the North Carolina coast. We camped in almost 40 different camp sites, passed over the almighty Rockies, The Cascades, the Smokies and many other mountains. We followed the Lewis and Clark Expedition Trail backwards from Astoria, Oregon to St Louis, Missouri. We once again drove the Blue Ridge Parkway. We visited hundreds of National Forest and National Greenlands and the Arches and Canyonlands National Parks of Utah. It was quite a ride and I did notice that a lot of you followed my daily blogs. I promise I will finish the blogs soon. However back to business, Brandon and I will be traveling to the Boston, ANA this coming Tuesday the 10th and returning the following Saturday night. We plan on purchasing a lot of new inventory to bring back with us, both some badly needed currency notes and many new coins. Brandon has done a great job of covering for the company for the last two months. If your looking for any currency or coin in particular, let me or Brandon know as we will be actively working want lists. You have nothing to lose but a lot to gain.

8/15/2010 - Boston ANA---We just got back from the Boston ANA this past Saturday night. The auction was conducted by Heritage. It was an odd layout of the floor. There was a main section of the bourse floor and another smaller section that was separated by a wall down the middle of the convention center. A lot of dealers were complaining about being in the smaller area. But like Harry Jones said, “If you’ve got good material, the people will find you.” That seemed to be the case! I ask a lot of dealers of oth coins and currency how the show was going for them. There was mixed reactions. The dealers who always seem to do well were having a good show, others did not do so well. It’s more about having well priced or new inventory than an up front location. What a great show for a change. I thought it was better than most of the recent ANA’s I had attended. I was really surprised by all the hustle and bustle of the show. There was a lot of activity in the main area of the bourse area. The main floor seemed to be quite busy at the times I was there. The back section was less crowded but somewhat busy at times. I got there Tuesday night and started the show on Wednesday morning. I think the charm of old downtown Boston had a lot to do with the success of the show. There seem to be a very vibrant amount of people partaking in the festive activities of downtown Boston near the Back Bay area. For those of you who have been to downtown Boston or those of you who attended the show, you know what I mean. The View” is outstanding as I could easily hang out there for a day or two. There is a lot of history in Boston. Anyway, Brandon did a tremendous amount of business hunting down some really nice toned coins for the jhonecash website. As far as currency goes there wasn’t much to for me to buy. There were the 3 or 4 regular currency dealers who have nice displays of notes in high grades, but not much else. A lot of currency dealers did not show up at all. I didn’t see anything new for me. I did pick up a few notes including a 1934 Boston $10,000 bill. I thought the currency auction was as weak as anything Heritage has offered in a long, long time. The coin side was a different beast. I heard numbers from $22 million to $25 million of coins were sold at the Heritage auction. A lot of dealers complained on how long the show was. Some dealers had been there almost 10 days from the pre auction till the very end. Overall the show in my opinion was a success, others may think different. The market seems mixed as it seems that there is a wait and see attitude. People have the money to spend, but seem to holding off unless it a great deal or it’s an item they have been waiting to show up to purchase. We will have a better idea on the market as summer vacations end and the kids are back to school. It should be a great fall for the business as the overall attitude seems to be on an up. Now is the time to pick up your coins or currency notes for your collection, before the price starts going up as it traditionally does in the fall.

8/7/2010 - Well Im back from my extended family vacation. In 57 days we traveled 8,900 miles, passed through and visited 24 states, drove coast to coast from Astoria on the Oregon cost to Emerald Isle, on the North Carolina coast. We camped in almost 40 different camp sites, passed over the almighty Rockies, The Cascades, the Smokies and many other mountains. We followed the Lewis and Clark Expedition Trail backwards from Astoria, Oregon to St Louis, Missouri. We once again drove the Blue Ridge Parkway. We visited hundreds of National Forest and National Greenlands and the Arches and Canyonlands National Parks of Utah. It was quite a ride and I did notice that a lot of you followed my daily blogs. I promise I will finish the blogs soon. However back to business, Brandon and I will be traveling to the Boston, ANA this coming Tuesday the 10th and returning the following Saturday night. We plan on purchasing a lot of new inventory to bring back with us, both some badly needed currency notes and many new coins. Brandon has done a great job of covering for the company for the last two months. If your looking for any currency or coin in particular, let me or Brandon know as we will be actively working want lists. You have nothing to lose but a lot to gain.

8/15/2010 - Boston ANAHoly cow! What a spectacular show the Boston ANA was. If you were not in attendance, you missed a wonderful show. The retail business was a boomin and the wholesale side was rocking as well. It felt like a show from 2005. Congrats on the ANA for putting together an amazing venue, the Hayes Convention Center located in the Back Bay district of downtown Boston.

The area we were located in was a block away from Newbery St. which is widely considered the Rodeo Drive of the east coast. It did not disappoint with hundreds of shops and restaurants, the foot traffic was brisk and the meals were New Englands finest. The weather was absolutely fantastic for the duration of the show with lows at night in the upper 50s and highs during the day topping out around 75 to 80 degrees. The air was more than pleasant and cool breezes were in abundance which made exploring the area that much more pleasurable.

During the show, many dealers that I spoke with had an exceptional show with a small few having only minor complaints. One of those complaints were because they were set-up in the extra room annexed onto the main convention hall. I was there for a full day and did not realize there was another room of activity. I started from the left side of the room and worked right. Since the room was on the far right of the show, I did not even get to it the first day. However, when I did, I was able to find some really pretty coins and meet a fellow Texan, Danny Hall, The Collector LLC.

In his case sat many great looking coins. This guy had a great eye. As we are chewing the fat I notice a raw 1864 proof Seated Dollar sitting on a fabric flip in his case. I asked him about it and he said that it just came walking up to the table from a Brick and Mortar shop owner in the area. He did not hesitate to buy the coin from the guy and I certainly did not hesitate to buy the coin from Danny. Both Danny and myself were in agreement that it was a minimum 63Cam but I have seen my share of proof Seated Dollars and felt confident it was a 64Cam. It is extremely rare to find material like this raw anymore with all the slabbing and whatnot. I bought the coin and promptly walked it through NGC. The next day I get the coin back and they graded it PR64 Star Cameo. I expected the PR64Cam but the star really indicated to me how nice the coin actually was as it basically had no real predominant toning.

The next day I am sitting at Dannys table showing him my auction wins, which are absolutely spectacular, and he has in his hand an 1893-O Morgan dollar in a PCGS genuine slab that he paid good money for as a raw coin. Now, seeing his other coins and my recent history with Danny, I knew he was more than an adequate grader. The coin was Genuined by PCGS as having been cleaned. The obverse was a 63/64 while the reverse had a complete army of hairlines in the fields. I took my loupe and examined the coin and upon inspection, took note of the fact that the hairlines went right up into the design devices. This is simply something that is absolutely IMPOSSIBLE to get from cleaning as whatever someone would have used to clean the coin would not be able to create cleaning lines in the field right up against the design devices. Cleaning lines taper off right at the devices but simply do not run right up into them. Something was up. Another dealer named Mike Stephano, a good friend of mine took a look and insisted 100% that they were cleaning hairlines. I insisted 100% that they were die polish lines, albeit the worst I have ever seen. Then conversation started, more dealers got involved, seasoned professionals have you, and the consensus was evenly split between die polish and cleaning. Low and behold, who just happens to be walking by right at that moment? David Hall. We all call him over to the coin and he sloops down to get the coin in a table light. Resting his elbows on a case he slowly and meticulously studies the coin. He looks up and around at us and as we all stand there with baited breath, he says it appears to be die polish lines and noted how strange it was that the obverse was from a nice frosty die and the reverse had so many die polish lines. This coin was undoubtably from the end of the life of a reverse die with a mid-life obverse die. Danny plans on resubmitting the coin with the additional note that the reverse is riddled with die polish lines and was not cleaned. If I hear the result of that, I will post it.

Overall, the show was a blast, the venue was excellent, the surrounding area could not have been better, and the public attendance and commerce rivaled that of the good ole days back 2002 to 2006. This may be a turning point. One thing to note is that there were still no monster commemoratives that I could find. Also, another cool story. As I was walking towards the front to meet a friend, I happen to glance by Evan Gales cases of Aspen Park Rare Coins, another guy with a great eye, and notice a coin from my past that I have not seen in years. It was an 1826 Bust Half dollar in NGC MS66 Star that is unmistakable. It is without a doubt the finest toned bust half in existence. Evan was not at his table so I took a sheet of paper and placed it over the coin so that nobody would catch a glance of it before I could see it. Wrong you say? All is fair when it comes to coins like that. haha. Anyways, I see him a few moments later and do not even bother asking the price. I simply say that coin is mine so please put it out of sight which he had no problem doing. I called my client who I know is looking for the best example of a bust half I can find for his collection and the deal was done before I even picked up the coin. That is why you need to deal with a dealer who is looking out for your best interests. That coin will not even make it on the website along with four or five others I got at the show. Give me a call 972-746-9193 and let me know what you are looking for. I guarantee you I will find the best of the best for you. That is my liveleyhood. You can bet on that.

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