Tag Archives: show

FUN Wrap Up and Coins Weekly

9 Jan

While the weather gods weren’t smiling upon us benevolently with our famous Florida warm winter weather, the temperature was blistering inside the Florida United Numismatists (aka FUN) 2018 winter show in Tampa. We had brisk sales and collected consignments for our next Sedwick Treasure, World, U.S. Coin and Paper Money Auction #23 on May 15-16, 2018. It looks like buyers and collectors are optimistic. We are too!

2018 FUN Show

Daniel Frank Sedwick, LLC booth at the 2018 FUN show in Tampa 

At the show, I was fortunate enough to renew my acquaintance with Ursula Kampmann, founder of CoinsWeekly, a popular online newsletter for the trade. Aside from that newsletter, she is launching companion newsletter called AuctionsWeekly which will list every Friday ”all auctions that will take place during the following week as well as just published fixed price lists.” What a great way to keep up with all the auctions that take place around the world, especially during very busy auction times! You can subscribe here: https://www.coinsweekly.com/en/Subscribe-to-CoinsWeekly-Newsletter/37. You’ll see us listed as time gets closer to our next auction.

Cori and Uschi at January 2018 FUN Show

Cori Downing, left, with Ursula Kampmann, right

By the way, if you’re in the New York City area, find us at our table at the New York International Numismatic Convention (NYINC) January 11-14 now held in the Empire State Ballroom of the Grand Hyatt, located at 109 East 42nd Street, New York, NY 10022, between Park and Lexington Avenues. We hope to see you there!

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Sedwick Treasure Auction Wrap-Up, Tips for Buying Cobs, and Where to Find Us

8 Dec

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I’m finally able to take a breather from post-auction duties of packing and shipping to share some thoughts with you. First, all of us at Daniel Frank Sedwick, LLC want to thank our bidders, consignors, auction speakers, and auction attendees for helping make Treasure Auction #20 one of our best auctions to date. Without YOU, auctions don’t happen. We are grateful for the personal and professional relationships we have nurtured over the years and look forward to many more.

As the Christmas buying season kicks into high gear, there are a few reminders to help you get the most for your money, at least when it comes to buying coins. When you buy a widget, you go to a store that you know sells them. For example, I buy electronics at a place like Best Buy. When you buy a coin, particularly a niche coin like a cob, you need to find a specialty seller, someone who knows what he’s doing.

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Can You Tell This is a Counterfeit?

If you don’t, you may buy a fake instead of the real thing. Or, you may buy something less than what it should be for the price because the seller doesn’t really know his product. Either way, you won’t be satisfied with your purchase. Again, always buy from reputable dealers whether you’re buying a shipwreck coin or a dryer.

Next, whether it’s a cob or a car, buy what you like. This is especially true for any commodity that you might consider an “investment” because most things appreciate only after you’ve held onto them for a good period of time. Quick profits don’t happen very often, so plan to enjoy your purchase for years. When you do sell, you’ll be well rewarded.

Finally, buy the best you can afford if you really want to be happy with your purchase. Buyer’s remorse from letting the coin you really wanted get away from you stays with you for a long time. If you’re building a collection, it’s much easier to buy great quality at the beginning than spend time and effort to upgrade later. That said, if what you can afford isn’t the best quality, don’t worry. You’ll be happy to simply own the piece in the first place.

We can help you build the collection of your dreams. Just ask us! And, you can visit us in person at the following 2017 shows where we will have a table:

schelude2017show2Happy Holidays to all and we look forward to seeing you in the New Year.

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Notes from the 2016 U.S. Mexican Numismatic Association Convention in Scottsdale, Arizona

12 Oct

hurricane-imageLast week Dan, Connor Falk (our new employee) and I traveled to Arizona ahead of Hurricane Matthew to show auction lots for our upcoming Auction #20 (more to follow on that tomorrow!) and give some presentations. We were a little unsure about leaving with a potentially dangerous storm bearing down on us, but when the going gets tough, the tough leave town. As it turned out, Matthew took an eastward jog and spared most of the central Florida area.

The U.S. Mexican Numismatic Association convention in Scottsdale is always a great time to reconnect with friends and colleagues. Connor and I got to meet Don and Lois Bailey, Mexican numismatic legends. All three of us enjoyed spending time with Ute Wartenberg Kagan, the longtime executive director of the American Numismatic Society who brought

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Connor Falk with Don Bailey

important Mexican coins from the vast collection at the Society. She will also attend our Auction #20, so if you’re attending it as well, you’ll want to meet and talk with her.

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Ute Wartenberg Kagan and Cori Downing

Augi, who stayed in Florida to make sure the hurricane didn’t blow away our office, won an award at the convention for his well-received book, The “Tumbaga” Saga, Treasure of the ConquistadorsWe’re fortunate to have a very cool “Tumbaga” bar (Lot 210) in the Auction. Dan took an award for his participation in the Counterfeit Forum last year and did so again this year. The presentation was extremely well received. I spoke on the Charles and Joanna coinage from the Mexico City mint, sharing some new research I’ve undertaken.

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All in all, it was a quick respite from the desk and chair. If you’re a collector of Mexican coins, you should become a member of the U.S. Mexican Numismatic Association and attend next year’s convention.

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Here’s the Hat Trick – Numismatic News

15 Jan

Just a quick note to remind everyone of our upcoming shows. Dan is heading to Vero Beach today for the annual Treasure Coast Coin Club show. He’s loaded with new purchases from the FUN and NYINC shows, so please go by and see him! He’s also taking consignments for our upcoming Sedwick Treasure, World and US Coin Auction #19. We’re always pleased to receive consignments of significant collections of cobs and choice Latin American coins. High-quality artifacts are always welcome as well.

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At the end of the month, Dan and Augi will be traveling to Long Beach, CA, for the Long Beach Expo from February 4-6. They will again be happy to take consignments AND buy or sell you something. It’s a busy time of year for us, but we’re getting excited about our next auction and hope you will join the fun. Auction dates are May 18 and 19, so mark your calendar now.

OK, now for a cool hat trick.

Goal #1: Purchase a 1704 8 reales Potosi cob (not hard to do).

Lot 1431, TA #14, 8R cob

Lot 1431, Daniel Frank Sedwick, LLC – Treasure Auction #14

Goal #2: Purchase a 1704 8 reales Potosi royal (a little harder to do but not out of the question).

Lot 707, TA #14, 8R royal

Lot 707, Daniel Frank Sedwick, LLC – Treasure Auction #14

And Goal #3: Purchase a 1704 8 reales Potosi heart (you have a better chance with the lottery than getting this!).

Lot 720, TA #18, 8R Heart

Lot 720, Daniel Frank Sedwick, LLC- Treasure Auction #18

Pretty nifty hat trick, no? What I like about looking at all three of these coins is that we can study the details that are missing on our cob. This can go a long way in identifying coins.

One last note: the ANA (for American Numismatic Association) has just launched a digital archive of 127 years’ worth of The Numismatist magazine. Both Dan and my father, Frank Sedwick, have written articles for the magazine! Check out the story here: http://www.coinworld.com/news/us-coins/2015/12/ANA-launches-digital-archive-of-The-Numismatist-magazine.html

 

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The Office Travels to the U.S. Mexican Numismatic Association Fourth Annual Convention in Scottsdale, Arizona

19 Oct
US Mexican Association image

U.S. Mexican Numismatic Association

 

 

Last week Dan, Augi and I traveled to Phoenix for the U.S. Mexican Numismatic Association Fourth Annual Convention in Scottsdale from Thursday, October 15 to Saturday, October 17. While the show is small, some of the most influential dealers and auctioneers in the business attend. The convention is open to members of the U.S. Mexican Numismatic Association who were treated to both great “coin watching” and a good selection of outstanding seminars hosted by experts in the field, including Dan. Dan spoke about counterfeit coins to a packed house, so obviously there’s lots of interest in the subject. One gentleman who stopped by our table afterward mentioned that he had inadvertently bought a fake coin many years ago, but between buying The Practical Book of Cobs and listening to the lecture, he had a much better idea of what to look for when buying a coin. We also stressed to him the importance of buying and selling coins through bona fide dealers, i.e. dealers who display knowledge and answer your questions intelligently.

We had a table at the convention where we were busy showing auction lots for our upcomingDan with Customer at US Mex Show 2015 Treasure, World & U.S. Coin  Auction 18 to be held in Orlando, Florida on October 29, 2015.  The hearts and royals were a big hit, as they created an impressive display. We may never see so many of both in the same auction again! 

Another treat was when I got to meet the Executive Director of the American Numismatic Society, Ute Wartenberg Kagan, who was assisted at her table by Matt Wittmann, Assistant Curator of American Coins and Currency. It is vital that organizations like the U.S. Mexican Numismatic Association and the American Numismatic Society thrive because they are repositories of knowledge and numismatic material that the average collector might never be able to access otherwise. Collecting is about learning as much as it is about owning.

Ute, Matt and Cori at US Mex Show

While it was a long way to go for a show, I’m glad we were once again able to go. Every show is an opportunity to buy, sell, meet people, show auction lots, and learn!

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