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In a deal the company brokered, a Wall Street investment firm bought the coin for $7.4 million, one of the highest prices ever paid for a gold coin. [12] Struck by a private goldsmith before the U.S. Mint existed, [13] the coin is among rarest and most desirable of all U.S. coins. [14] In 2016, Blanchard and Company, Inc. acquired coins from ...
James U. Blanchard III (November 10, 1943 – March 19, 1999) was an American dealer in rare coins and precious metals, active in the movement to legalize private gold holdings in the United States. [1] He was the founder of Blanchard and Company, a precious metals investment firm.
The company engages in business-to-business market for certified coins under Certified Coin Exchange, and a business-to-consumer under Collectors Corner. PCGS Coin Authentication and Grading Services focuses on coins market and have authenticated and graded over 42.5 million coins, medals, and tokens with an estimated market value of over $36 ...
Rare Coin Wholesalers is a rare-coin company that specializes in United States rare coins. Located in Irvine, California, Rare Coin Wholesalers buys, sells, appraises and trades rare coins and precious metals. [1] Originally established as a S.L. Contursi company in 1990, [2] the owners have bought and sold over two billion dollars' worth of ...
Coin grading [1] is the process of determining the grade or condition of a coin, one of the key factors in determining its collectible value. A coin's grade is generally determined by six criteria: strike, preservation, luster, color, attractiveness, and occasionally the country/state in which it was minted. Several grading systems have been ...
Coin slab is a type of holder for a coin. Slabbed coins are typically from one of the coin grading companies. The practice of sending coins to third-party grading companies and then "slabbing" them began in 1986. When a grading company grades the coin it is sealed in a tamper proof slab with a barcode and a hologram. To prevent counterfeiting ...
Professional Coin Grading Service (PCGS) is an American third-party coin grading, authentication, attribution, and encapsulation service founded in 1985. The intent of its seven founding dealers, including the firm's former president David Hall, was to standardize grading.
Coins with untouched original surfaces are generally more desirable than those that have been cleaned, although lightly cleaned coins with no damage done may still receive a normal coin grade. Improper cleaning can result in a coin's surface being damaged beyond repair, which is why expert attention is needed for potentially valuable coins.