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DLRC Auctions Realizes an Eye-Popping $230,000!

The Smoky Mountains Collection brings DGS-graded coins to the forefront

1916 Standing Liberty Quarter DGS AU53 (Lightly Cleaned) Virginia Beach, VA – DLRC Auctions (www.davidlawrence.com) has reported that their Internet Auction #328 which closed last night has realized an eye-popping $230,000!

The sale featured (among other great coins) the Smoky Mountains Collection, with 360+ DGS-graded coins.

DLRC Auctions sold approximately 367 DGS coins for 50% over the amount guaranteed to the client, with over 120 successful bidders.

John Feigenbaum, David Lawrence Rare Coins and DGS President stated, "This result speaks volumes for the coin market as a whole, DGS coins and DLRC Auctions. Read the rest of this entry »

Two New Additions to the Stella Coin News Library Available Free!

The Complete Guide to Washington Quarters & The Complete Guide to Buffalo Nickels Third Edition

DLRC Press numismatic reference books Virginia Beach, VA – Stella Coin News (www.stellacoinnews.com) announced the posting of two more DLRC Press numismatic reference books to their free on‐line library. The Complete Guide to Washington Quarters by John Feigenbaum was published in 1994 and The Complete Guide to Buffalo Nickels, Third Edition by David Lange was published in 2006.

Both books offer an in‐depth analysis and die variety study on each series. A major benefit to having these books online is users can comment on all aspects of the book with updated information, and the authors themselves can augment data over time. Read the rest of this entry »

DLRC Announces project Stella: a new Blog & Library Web Site

Free Access for Coin Collectors to Valuable Research and Reference Books StellaCoinNews.com

Book Cover: The Complete Guide to Liberty Seated Half DollarsVirginia Beach, VA – John Feigenbaum, President of David Lawrence Rare Coins and Dominion Grading Service, announced today the unveiling of a new web site called Stella (www.stellacoinnews.com) which will provide daily Blogs by numismatic leaders, as well as free access to DLRC Press publications.

 

According to Feigenbaum, "We hope Stella will become a regular stopping point for collectors who are looking for more information on current events within the coin community, as well as reference material that they previously could only find in books.

In our first month of operations, we have published two rare books from our catalog. The first was David Lawrence’s anecdotal stories titled, Tales from the Bourse. The second, more ambitious effort is The Complete Guide to Liberty Seated Half Dollars by Randy Wiley and Bill Bugert.

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DGS Hires Top Grader to Keep up with Increased Submissions

Mike Ellis brings over 20 Years Experience in Research, Grading & Teaching

Mike Ellis(Virginia Beach, VA.) Management at Dominion Grading Service (DGS) formally announced this week the hiring of Michael Ellis as a senior grader and variety specialist. Mr. Ellis has over 20 years experience in professional numismatics with a rich resume spanning everything from President of CONECA, to 12 years of teaching at ANA Summer Seminars.

 

According to DGS President, John Feigenbaum, "Mike comes to us at the ideal time for Dominion [Grading Service]. We’ve been officially grading coins since April and the number of submissions has gradually increased with each month, to the point that we could no longer keep up with the pace.

Collectors are really starting to embrace our services and we see DGS as a trend setter in the future of coin grading. DGS can make a real difference with specialty offerings like variety designations and the grading of error coins. Mike is one of the strongest attributors in the country and we’re extremely fortunate to have him aboard."

 

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Rare Lafayette Dollar Variety in DLRC Auctions this Week

Duvall 4-E Variety is Just the Second Reported Specimen

Virginia Beach, VA. DLRC Auctions is proud to offer this week the second known example of the rare Duvall 4-E variety of the Lafayette dollar. This variety was thought to be unique until the discovery of this coin, which has been graded AU58 Cleaned by Dominion Grading Service (DGS).

1900 $1 Lafayette Duvall 4-E Variety (Obverse)

 

According to John Feigenbaum, President of David Lawrence Rare Coins, the coin has "the initial appearance of a mint state coin but the luster is almost too nice and lacks the frosty surfaces of a true mint state.

The coin has virtually no wear and has been very lightly cleaned to show evidence of wipe lines upon close examination in proper lighting. The only significant mark on either side of the coin is a 3 mm scratch on Washington’s cheek. Without the mishandling, this coin might have otherwise graded MS63."

 

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Exciting Block Island Collection of Certified Collector Coins Closes for Bidding This Thursday

Over 315 DGS‐graded Coins Available for Bidding

1870-CC Seated Liberty Half Dollar DGS G6Virginia Beach, VA – The numismatic staff of DLRC Auctions is excited to announce the current sale of the Block Island Collection – an assembly of 432 certified coins and paper money items from a life‐long collector.

317 of the coins were submitted to Dominion Grading Service (DGS) prior to their sale in this auction as part of the new campaign by DLRC and DGS to give customers the full service experience when the time comes to sell their collections.

According to Win Callender, DLRC Vice President, who handled this consignment,

 

"the Block Island Coin and Currency Collection hails from a long-time client who began collecting as a child and represents an assemblage 60 years in the making. As a young boy, he saw a 1901‐S quarter in a strong XF grade and wondered why the retail price, $40, was so much higher than the others.

That experience helped launch a lifetime of interest in numismatics. There are many wonderful collector coins in this collection that seldom come to market. For example, two 1901‐S quarters, great runs of Liberty Seated halves and Barbers and loads of key dates. He also amassed a wonderful collection of currency, all graded by CGA or PMG, ranging from large size type, to nationals, to small size silver certificates. There are over 90 fresh notes and are all reserved at great prices."

 

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DGS Authenticates & Grades Rare Lafayette Dollar Variety

Duvall 4-E Variety is Just the Second Reported Specimen

Virginia Beach, VA. The graders at Dominion Grading Service are excited to announce that they have certified the second known example of this very rare variety. The Duvall 4-E variety was thought to be unique until the discovery of this coin, which has been graded AU58 Cleaned by DGS.

1900 $1 Lafayette Duvall 4-E Variety

According to John Feigenbaum, President of DGS, the coin has "the initial appearance of a mint state coin but the luster is almost too nice and lacks the frosty surfaces of a true mint state. The coin has virtually no wear and has been very lightly cleaned to show evidence of wipe lines upon close examination in proper lighting. The only significant mark on either side of the coin is a 3 mm scratch on Washington’s cheek. Without the mishandling, this coin might have otherwise graded MS63."

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113 Year Old Barber Dime Goes for $1.9 Million

Wowzers! If only one could time-travel back to 1894 and grab a few more of those Barber Dimes! I guess that would be a problem though, since by all accounts only 24 were made.

Okay, you could get OTHER 1894 Barber Dimes as there were plenty minted for circulation. But these special 24 were Proof dimes and the only ones made at the San Francisco Mint. And now, apparantly, only 9 of them are known to still exist with the finest specimen just passing hands.

John Feigenbaum, President of David Lawrence Rare Coins (DLRC, agent for Buyer) and Mitchell J. Spivack (wondercoins.com; agent for seller), jointly announced on 7/27 the completion of DLRC’s purchase of the 1894-S Barber Dime for their buyer, who wished to remain anonymous. Congrats to all involved!

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