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04.03.2021Author: admin

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The Burrowing Owl auction finale is quickly approaching and arrives on Saturday. Exactly half of the lots have met reserves with several bids on the gem and halves. Those lots without bids are higher priced but no less desirable. Following are four earlier Capped Bust half dollar dates that remain unattached. All eyes will be on the and gem halves come Saturday evening.

Both lots have two bids and are well above their initial reserves. The first quarter of brought record sales volumes and is a testament to the voracity of the U. Many new clients found GFRC during early and hopefully, they were pleased with the fast service and quality coins.

Liberty Seated and Capped Bust halves brought top demand while U. Why is GFRC continually growing? I believe there are several reasons. Trust is a big deal at GFRC. I'm certain that many Baby Boomer collectors remember their days of filling Whitman blue folders with Lincoln cents, Buffalo nickels, and Mercury dimes. There were the ever present holes in those Whitman folders for the legendary key dates.

I've entitled this brief segment as Realizing an Early Numismatic Dream as a reminder to myself and Blog readers that dreams do come true with patience and persistence. Though I have long abandoned the circulated Mercury dime set in an old Whitman folder, handling this legendary D dime brings back fond memories of a young numismatist who was enamored with the Winged Liberty design and the challenges posed by the better dates.

This perfectly original and eye appealing D dime is available on the 30 Day Price List. The next ten days will provide adequate time to process the remaining consignment backlog.

Of course, let's not forget U. I'm also excited about growing Standing Liberty quarter inventories. If considering the divestment or liquidation of a numismatic collection, GFRC would be pleased to facilitate those goals. It is realized that collectors have many dealer and auction house options.

Hopefully, the GFRC website and selling philosophies will garner your trust. Global equity market optimism reigns as we start a Thursday trading day. Morning market futures, courtesy of Seeking Alpha, are flashing upbeat green openings in Asia, Europe, and the U. Treasury yield has receded ever so slightly to 1. The countdown clock has started for taking delivery of the JDR tractor and taking a slower approach to the coin business.

Please feel free to call in orders or discuss potential consignments or the sale of a major collections. Thank-you for checking in at the Blog. Please remember to be safe and well. Houston Collection Highlights to Consider! Greetings on the final day of March Thank you for checking in on these daily ramblings. Unfortunately, this morning brings little in terms of posting creativity. When lacking prepared content, a default is to discuss the GFRC business and personal experiences as an on line coin dealer.

This is my life until returning to Maine. Once back in Maine, there will be tons of fresh content to share.

The new John Deere R tractor, its implements, plus regular reporting of chipmunk shooting activities will keep the Daily Blog populated with fresh content. Anyone wish to purchase a massive Estes model rocket kit collection? This is another spring time goal as I must clear space in the basement workshop for John Deere tractor supporting tools. Handling these volumes brings intense focus and commitment by our huge two person staff.

Time for wild parties in Venice? Doubtful as I will be working even long hours to compensate for the incremental workload. I've come to realize that there is a direct correlation between over night dream intensity and the time taken to relax prior to bedtime. The two hours between and PM are allocated to a health walk, pre-dinner drinks, and cooking dinner on the grill.

Afterwards, I'm back in the office for the "evening shift" which is mostly an attempt to load image galleries for the upcoming day's Blog edition along with responding to yet more email orders.

Imagine operating this way across all days of the week with only Sunday mornings bringing a reprieve from time in the shipping department? This operating mode will last for another four weeks during April. Afterwards, the readership will see a more relaxed blogger once the Maine office migration takes place. I will be slowing down the GFRC business and shifting into the "summer mode". Tomorrow brings the first of April and a brief report out on Q1'21 and March sales levels.

Sorry, there is no time to devise a clever April Fools' Day rouse. We find the Burrowing Owl auction in its own quiet time frame as only one bid was placed on Tuesday. I've plotted the past Cumberland County and Sunset Collection sales and marked the "Preview" and "Bidding" portions of the auction cycle. The same was done for the current Burrowing Owl event. If looking carefully, a repeating pattern takes place for each auction.

Pageviews begin to increase once the online catalog is posted. That posting period lasts one week. Next comes the first day of auction bidding with a pageview spike. The final 48 hours of each auction brings a large pageview spike. Let's remember that the number of offered lots in each sale will correlate to the height of the final bidding spike. For example, the Cumberland County sale had about 2x the number of lot in the Sunset Collection sale.

Given that fact, the Sunset bidding spike was impressive. This sale is moving along quickly and is well subscribed. Below are four additional offerings that were photographed on Tuesday and will be posted to the price list today along with several others that are still in the image processing loop.

Please note the magnificent 3 Leaves Flowing Hair dollar that is the primary highlight of the "Houston Collection". This piece had an early First Right of Refusal and is already sold! To learn the selling price, please visit the price lists after lunch time. Isn't that one so cool given that Trade dollars were not know to have circulated extensively. The only explanation for the heavy wear is usage as a "pocket piece" which made for even wear without abrasions.

I bet that John Frost would like to own this one due to the cool factor and displaying potential at LSCC club table exhibits. Remember the wise old sage who said to buy when there is blood in the streets. Morning market futures, courtesy of Seeking Alpha, are essentially flat and suggest that broader markets are in a consolidation phase.

Consolidations periods are troublesome for those in the 24 hour financial news cycle business. I'm reading Seeking Alpha headlines that attempt to correlate each small market movement to some politic or global event.

This is the reason for the lack of Seeking Alpha headline posting in the Blog. I'm just not buying this stuff Hong Kong China In Europe, at midday, London Paris Another morning of order responses and shipping awaits me. The time has come to wrap up a day's ramblings. Early April brings the closing of the Burrowing Owl auction sale and a host of more consignments to post. I will promptly open the consignment insourcing window through the end of April.

My goal is to accomplish consignment photography under the bright Florida sun while image processing can take place in the Maine office. If wishing to ship consigments starting on April 11, please send along an email pre-alert for planning purposes.

Thank-you for visiting with me at the Blog. Be safe and well as Covid cases are rising again. One must still remain vigilant. Greetings on a Tuesday morning and welcome back to the Daily Blog. As millions of Americans are vaccinated each day, optimism is growing for a returning national coin show circuit. Smaller regional shows are paving with the way with the "Gettysburg" and "Manchester" shows taking place in the upcoming two weeks.

However, we will exhibit at the Fall show. My FedEx saga continues with the realization that FedEx could care less about the situation. Calls for an "investigation" status report produce the same results; Ongoing!

When the factory had a typical screw-up that impacted product delivery for a U. My advice to anyone reading the Blog is don't make the mistake that I did by trusting FedEx. They are empowered by Covid with an ability to mis-deliver without accountability.

The carrier's C19 touch pad signature is all the evidence they need. How could a FedEx carrier possibly make a mistake? Visions of being back in Maine and developing the back 20 acres continue to provide energy for continual focus on a growing GFRC business coupled with providing the best possible service to every client.

The best times of the day are lunch while absorbing Youtube videos on farming, driveway construction, and forest management. Second to the lunch time continuous learning sessions are health walks along the Blackburn Canal.

The common theme is being close to nature. One lot that does not have a bid must be call out today. When preparing the auction lots and reserve prices, there were interactions with the consignor. He shared many stories about the construction of this marvelous collection. To quote the Burrowing Owl, "If the half does not sell, I will gladly take it back! If Blog readers could contemplate this piece with in-hand and bright light viewing, the Burrowing Owl's passion for this piece might be understood.

Stately, bold, and impressive with thick toning describes this superior example. The GFRC images accurately capture the old time patina and absolutely original surfaces. I've been mentally working through the process of preparing and maintaining roughly 1. Once Dave Wilkinson cuts a path through trees and large rocks with his excavator, the remaining roots and smaller rock clean-up is my responsibility.

Last summer, I spent considerable time with branch cutters, rake and shovel to render the first trail walkable "with attention" once trip hazards were removed. However, hikers must still pay attention to the forest floor for uneven surfaces. Monday brought conclusions and a purchase decision for the appropriate "implement" to easily condition the back acreage trails.

The solution is a "box blade". What is a box blade you might ask? A box blade might appear to be simplistic based on the above image. It appears to be nothing but a metal box being dragged behind a tractor. It turns out that a box blade is one of the most useful implements that one could own with a tractor for conditioning rough land, spreading materials, and establishing a grade. A box blade consists of three important parts, the heavy metal "box" for downward pressure and surface planing, the sharp back cutting blade, and an internal frame that supports "scarifier" teeth.

The scarifier teeth are adjustable to ride inside the box when planing a surface, or can be extended inches below the box to dig up the surface. The sharp blade is designed to cut through vegetation and small roots. Conditioning a fresh walking trail is a three step process with a box blade. Multiple passes will enable the cutting of residual surface roots and exposing remaining rocks that will eventually ride to the surface after a few winter frost heaves.

The backhoe is employed to dig out surface rock and any larger exposed roots. Once that task is completed, the box blade is again used to partially level the earth for the final step. There are two reasons for this. First is mud mitigation when walking on the trail after wet weather conditions. Second is the reduction of vegetation growth and the chance of picking up wood ticks during normal trail usage.

The gravel layer is easily maintained by dragging the box blade across the surface to break up new vegetation growth. Additional gravel can be easily added every few years with the trails being made new.

Bob has been selling farm tractors and implements for decades and is a true Mainer. He advised that steel prices continue to climb leading to ongoing price increases for heavy implements and tractors.

Sure, I could purchase a "cheaper" box blade on Amazon made of light weight steel and questionable longevity if being using frequently. Delivery is also an issue as demand is far out pacing John Deere's ability to manufacture its quality branded implements. Bob had only one five foot box blade in stock with upcoming restocking deliveries delayed until mid-August. I committed on the purchase with Bob placing the implement on hold for Maine arrival.

Looking at overnight financial market developments, the 10 Year U. Treasury bond yields has moved up to 1. Nasdaq The overnight brought a substantial number of orders that will be responded to after a quick shower. Once Diane is back from walking Buddy the Dog, the packing and shipping department will kick into action for another day.

The shipping backlog appears moderate for once. Yes, I will be in the office the entire day working on a host of items as March comes to a close. Thank-you for stopping by at the Blog. The "Houston Collection" Consignment Announcement. Life is slowly returning to "normal" as was the case last evening. At the kind invitation of Dan White and Rose Marie, the Fortin's attended their first social event in over a year.

How refreshing it was to forget face masks and spend a lovely evening in the company of two elegant individuals. Dan and Rose Marie have received both Covid vaccinations and were ready to entertain guests and that they did.

Fine spirits and wine, a fantastic salmon main dish with Belgium style vegetables, and relaxed conversations made for a memorable evening. Hopefully, a face mask will be a forgotten accessory in the not too distant future once the overall population is vaccinated.

A Monday morning arrives with overnight orders requiring attention and a substantial amount of packing and shipping. My apology for not posting those "Exceptional" Liberty Seated coinage offerings to the price list on Sunday afternoon.

Ten of the twenty-two lots currently enjoy bids. Let's me share some advice Please stop for a moment and imagine this gorgeous early half as a core component of a type set collection. Between you and me, as a collector, I might even bid on this gem half and the for inclusion in my own collection. I've spent much larger sums for coins with considerably less eye appeal.

In the end, our collections are all about eye appeal and rarity, right? For several weeks, I've been teasing the announcement of an important Liberty Seated dollar collection arriving to the GFRC price list.

That teasing shifts to reality today. Following are the contents of the "Houston Collection" for your consideration. There are some generic First Right of Refusals in the email Inbox that I will graciously attempt to service. However, there are no guarantees as my policy is to open First Right of Refusals when an itemized announcement is made.

Today brings that announcement. Most of these offerings were purchased from GFRC during the past several years. If curious, you are invited to check the Sales Archive and match the following listed coins with sales records in the Archive. Glenn Peterson's Dansco albums. Pricing has already been approved by the consignor and is fair for all parties. There will be NO consideration for offers or attempts to negotiate a discount for multiple item purchase.

This collection was carefully assembled with all but two coins being assigned Choice Original quality ratings. If my week goes as planned, the "Houston Collection" will begin posting to the price list on Wednesday. Another trading week arrives with a bizarre opening headline from Seeking Alpha.

Last week brought a flurry of financial newsletter warnings of a potential market crash on March The newsletter are resorting to ever increasing inflammatory headlines to garner attention in the social media age. By the way, social media is the latest "drug" of choice for many and should be classified as such. OK, here is the March 29 opening Seeking Alpha headline for some brief head scratching. Wall Street is on tenterhooks as the fallout from a hedge fund implosion that roiled the stock market Friday moves to its second trading day.

Morning market futures indicates a moderate retreat for U. To maintain proper perspective, a 0. India closed. Treasury yield stands at 1. I hope that you've enjoyed today's ramblings and some spontaneous comments.

The morning shipping queue is jammed packed and will keep Diane and I busy through lunch time. Afterwards, I will be posting the "Exceptional" Liberty Seated coinage offerings, featured in Sunday's Blog, to the price list. Thanks again for checking in at the Blog. Exceptional Liberty Seated Coinage to Consider. Greetings on a quiet Sunday morning and welcome to the Blog. Each day, a morning starts with breakfast in front of the laptop.

Some mornings brings a high energy state and intellectual curiosity while others bring questions for the rational behind these daily ramblings. I'm in the latter camp today and dreaming of being back at the Maine homestead with an office window overlooking the front yard landscaping.

Wildlife movement birds, squirrels, and yes chipmunks is soothing. So far, I've had no luck in convincing Diane to head back to Maine during late April.

Her response is mud season for walking Buddy and colder temperatures than Florida. These are obvious statements that are difficult to counter. Hopefully, today's Blog composition will be constructive. Checking the Burrowing Owl online auction page revealed a reasonable amount of opening bidding with six of the twenty-two lots guaranteed to be going to new homes.

Staking out maximum bidding positions early in an auction may lead to success during the auction close. Every collector has a bidding strategy which will unfold during the coming week. Bottom line, the Burrowing Owl Collection is a superior offering with exceptional pieces. I hope that Capped Bust half dollar collectors will appreciate the painstaking efforts to assemble this collection and bid accordingly.

The ongoing presentation of top quality coins may go unappreciated by many who frequent the Blog. Have you considered the amount of time and energy that is required to source a steady flow of new offerings?

Fantastic coins don't tip-toe and tap you on back with an announcement that I'm here! Just as collectors struggle to locate core specimens or upgrades, so does GFRC. The difference is that a coin dealer like GFRC works full time on the matter and develop sourcing channels.

Those channels take years to construct along with the occasional good luck when quality pieces are offered for purchase. Following are nine superior coins to consider. Let's take a walk through the "coin garden" as I'm still dying to be back in the Maine office.

The Small Date Seated half dime is a late die state V-6 with obverse die spalling below the right facing arm and above the top left. What a thrill to be offering an example at the MS65 grade level with bold diagnostics. Next in the marquee section of the gallery is a rare Seated dollar that is perfectly original with CAC green bean. If there is extra time this morning, please check the CAC population report for this date as crazy low.

This piece screams radiant frosty luster with some field chatter consistent with the assigned grade. The last stop in the marquee section is a first year issue Trade dollar in high grade Mint State. Surfaces are toned with natural copper, gold, and aquamarine shades. The tour continues with lower price items but no less beautiful. This piece is unquestionably original with steely coloring. Look for these lovely items to reach the price list during the afternoon hours.

Of course, First Right of Refusals are always welcomed. Not surprising, I received two quick inquiries on the dollar last evening. The AM publishing time has arrived and a good excuse to end at this point. No shipping on a Sunday allows for catching up on administrative tasks.

Thanks for checking in. Hopefully, I will be more energized on Monday morning. Greetings on the final weekend in March. Let's get started as there is much ground to cover in today's Blog edition. Thanks to a relentless effort in growing the GFRC business and the support of hundreds of satisfied customers, we set an important sales revenue milestone yesterday.

GFRC first quarter sales have cross through the seven figure level with five business days remaining in March. Coin volume is also well ahead of last year's first quarter rate and should easily approach the piece threshold by end of month. No wonder that Diane and I are busy each morning in the shipping department as our ship rate is averaging slightly above 10 coins per day as we don't ship on Sunday.

This week also brought a Collectors Corner strategy change. Gone is the "make an offer" placard for GFRC listings. Given the strength of the current numismatic market, the need to entertain offers from individuals who are mostly fishing for a deal is not worth the time involved.

The primary challenge is allocating my energies towards loading new coins to the price list! The Collectors Corner offers became a distraction, especially those that were low balls.

The launch of the GFRC Online Auctions platform in late has enable an ever increasing market visibility and dozens more customers learning about our quality coins and superior services. As new customers expand ongoing order rates, sales volumes continue to increase.

Absolutely, online shopping has supplanted coin show purchases. When the coin show circuit returns to normal, GFRC must carefully consider which shows it will be attending and the value of time allocations.

Will bidders be all in during the opening session or will they be cautious and wait until hours before the auction's closing time on April 3? This question is mostly rhetorical as the bidding patterns are well know.

My interest lies in the final prices realized for the following six gem offerings. I'm certain that these lots will see spirited bidding. The Newtown Collection consignor is no stranger to regular Blog readers. A quick check of the Open Set Registry will reveal his amazing Liberty Seated dime and half dollar collections. Since upgrading his top end collections becomes more and more difficult, Newtown decided to work on a side Seated Half Dollar Ultimate Set project.

The Ultimate Set is a huge undertaking with entries per Bill Bugert's definition during the time frame. Recently, Newtown made the decision to pair down his holdings and sell non-core collection pieces located in his Ultimate Set.

Today brings the traditional auction preview with the posting of the forthcoming 52 lots at the top right of the Daily Blog page. Please keep checking in for the upcoming Newtown auction banner and auction dates. Let's close today's Blog edition with a 20th Century eye candy gallery. Believe me, the balance of the offerings are just as nice, all in their special way.

Once morning shipping is wrapped up, my plan is to load this eye appealing lot to the price list along with the balance of the Bust coinage pieces that were showcased in Thursday's Blog. So ends another day's ramblings and report out on GFRC activities. Yes, I will be in the office the entire day except for a one hour health walk along the Blackburn Canal prior to pre-dinner cocktail time. This evening's grilled dinner is Sriracha sausage and asparagus.

My mouth is watering at the thought! Delightful Bust Coinage to Consider! Greetings and welcome to the Blog on a Friday morning. Let's open today's edition with a realistic assessment of modern life from Seth Godin. I don't mean to be negative, maybe I just lack queue cards to help me get through another morning of GFRC ramblings Seriously, when a individual with an in depth awareness of social, business, and technology trends as Seth Godin writes the following, it is an indictment of where society has progressed and the fact that those in charge should be paying attention.

The scammers continue to become more sophisticated and freely bombard our email Inboxes along with our cellphones. Sadly, the scammers raise our defense mechanisms which slowly erodes our natural trust of humanity. Constantly being on guard for the next rip-off scam or worse case, identity theft, is no way to live a life. Traditional con men do their work one person at a time.

Scammy direct mail used to be obvious even at a distance. Now, as data acquisition continues to scale and become ever more granular, the hustle is getting more personal. And of course, the distance keeps getting shorter. So the mail merge, the phone spam, the faux intimacy of a stranger. They continue to blur the lines between personal and personalized. The end result is going to be a shrinking of our previously-widening circle of trust.

The benefit of the doubt is priceless. I have no patience for people who want to take it away from us. Anticipation for the upcoming Burrowing Owl auction sale is building!

Yesterday brought two new bidder registrations which I gladly approved. The Burrowing Owl auction is a truly special event for a simple reason, accessibility!

The magnificent offerings are affordable to a broad range of collectors. Bidding opens tomorrow evening at PM. Good luck to everyone who plans to participate in the Burrowing Owl online auction. I'm on the job and attempting to quickly work through a host of new purchases and consignments.

Thursday afternoon's attention shifted to Draped and Capped Bust coinage. Rather than showcase an intermixed lot of coins with 19th and 20th century designs, I've decided to bring out new offerings with common design era themes.

Today's gallery illustrates a nine piece lot of gorgeous early bust coinage for your consideration. This lot screams originality! Several of the below offerings are fresh purchases without CAC attempts. Look for these new offerings to post to the price list later this afternoon.

First Right of Refusals are welcome. Already, a collector has expressed interest in the Small Date dime. Yesterday's phone call with a FedEx agent after being transferred three times has dashed those hopes. Following is the story and the basis for asking for your attention to a missing O Liberty Seated quarter that was shipped to a customer on March GFRC shipped the below illustrated Seated quarter to a client on the 15th with two day arrival on the 17th.

The FedEx large envelope was loaded on a delivery truck at AM for a day's residential and commercial deliveries. According to FedEx, the envelope was delivered to the client at that evening with Direct Signature confirmation. The client was tracking the delivery and become most concerned when FedEx marked the package as being delivered without being contacted by the FedEx carrier. He promptly called FedEx to explain the lack of delivery.

FedEx opened a case with the agent promising that the carrier would be asked where the package was placed. The online tracking shows a signature pad C19 scribble meaning Covid Somehow Covid absolves the carrier from direct client contact on a Direct Signature confirmation the FedEx party line as I'm learning. The client made me aware of the situation on March 20th.

I immediately called FedEx for a status report and was told that an "investigation" was underway. My client assumed that FedEx would promptly look into the matter and locate the missing package and delayed my notification.

Our mutual trust of FedEx was misguided. Yesterday morning brought another call to FedEx to check on the "investigation" status.

Of course, one must appear to be dumb for questioning a missing package when the FedEx system reports the package to be delivered. After being transferred three times, I spoke with an agent who pulled up the case file.

There was no investigation underway. For those who know me well, I have no patience when commitments are made and not executed. My tone with the agent was rather stern as I was angry. The agent promised that an investigation would be launched and I would receive a personal phone call with an update within hours.

Recognizing that the package has been missing for eight days without anyone caring, I made the assumption that it was probably in the wrong hands.

I filed a claim with FedEx to hopefully raise more awareness. The package went missing in the same area as last time. Therefore I sent an email to Julian with coin images and asked for his vigilance. This I did. Following is the missing Liberty Seated quarter. Let's hope for the best possible outcome though I am becoming skeptical. Today's morning market futures, courtesy of Seeking Alpha, show an upbeat mood among global traders.

All markets are positioned for incremental gains. We might be to the point where the old saying about certainty in life death and taxes should be updated to death, taxes, and a rising stock market. That nasty 10 Year U. Treasury bond yield has climbed to 1. Based on the pile of newly arrived check payments, it appears that another busy morning in the shipping department awaits.

There are a host of consignments that also need my attention. It will be another long day working with customers and coins. Wishing everyone a great closing to the end of a traditional work week. Greetings and welcome to the Blog on a Thursday morning. Another week moves along too quickly in terms of the GFRC business. Social interactions is at the heart of the human fabric.

Last evening brought a belated 65th birthday party outside our condo. The Fortin's have a private area adjacent to a concrete storage unit that is ideal for hosting small get-togethers. This location provides an ideal vantage point for observing sunsets in the western sky. Eight people gather for an evening of long overdue social interactions.

Everyone has had at least one Covid vaccination or both shots. Bill spent a substantial part of his life in the Peace Corp and foreign service in Southeast Asia.

His first assignment, as a younger man, was in Bali, Indonesia. His book is available on Amazon. Following is the cover image. Bill and I bonded immediately due to mutual years spend in Asia and being tractor owners. At 84 years of age, Bill still maintains his farm land in Indiana and is a Kubota man.

Our one on one conversations took place while I was grilling the evening dinner. My brother-in-law Mike did not allow my tequila glass to remain empty throughout the evening to ensure that my 65th party would be memorable.

Yes, a good time was had by all including a well prepared dinner on the outdoor grill. Naturally, the GFRC office day ended early due to party preparations and the evening event. A portion of the promised Liberty Seated dime lot managed to reach the price list with at least three pieces being placed on hold , O, and S. The balance are free agents this morning. Upon opening overnight emails, one arrived from a client expressing his frustrations with CAC during a recent submission.

This fact alone highlights the subjectivity of CAC review. There is an important learning for everyone in the GFRC community. A second close-up image of the holdered coin is also recommended. These images should be printed and submitted with the PCGS crossed coins. Incremental Consignments Arrived on Wednesday.

The GFRC office is overloaded with new purchases and consignments as of this morning. Overnight orders continued along with those annoying low offers from Collectors Corner shoppers looking for a deal. For the latter situation, I will be removing "offers accepted" from my Collectors Corner postings. GFRC is currently holding firm on asking prices given market strength and robust demand.

Wednesday brought the arrival of the previously mentioned Liberty Seated dollar collection consignment and incremental Liberty Seated halves for the Newtown Ultimate Set online auction. Yes, I am well aware of the many requests for access to the Liberty Seated dollars.

Please don't send another round of emails this morning as they will not be responded too. Patience is a virtue. I will get to the Seated dollar pieces in due time and will work with those who have submitted FRoRs. There is sufficient inventory to keep me busy well into April along with the launching of the Newtown Collection's Liberty Seated Half Dollar Ultimate Set online auction.

I would be more than pleased to initiate a discussion and explore possibilities. I'm becoming fascinated with the amount of financial news and analyst jabber that attempts to explain every subtle move in equity markets. It appears that writers and analyts must attempt a coherent explanation for each day's market movement to remain employed.

Let's remember that investing is based on a longer term horizon for economic growth and not tied to the 24 hour news cycle. I'm reading the daily Seeking Alpha headlines and finding little that is deemed worthy to share in the Blog. Morning market futures are flat for U. That is all that can be shared to start another trading day.

Following are global market futures courtesy of Seeking Alpha. Frankfurt So the Suez Canal is blocked by a large container ship. Anxieties are growing that supply chains will be impacted due to shipments being rerouted around southern Africa. Commodity prices have yet to respond. Treasury bond yield is mostly flat at 1.

Patrick's Day Sale shipping will be mostly completed as of this morning. Wednesday brought a long photography session under ideal weather conditions. The session will enable ample amounts of image processing and price list loading activities for the balance of the week. Come the afternoon and evening hours, I will be working diligently to bring more offerings to the price list along with posting a multi-denomination Capped Bust image gallery in Friday's Blog edition.

Those have been photographed and will be arriving to the price list during the weekend. Please consider returning this evening for a preview of forthcoming Capped Bust coinage offerings. Greetings on a Wednesday morning and welcome to another day of Blog ramblings. Thanks for returning each day.

Five weeks! What is so important about five weeks? In five weeks, GFRC will be in the process of packing up the office and transitioning back to the Maine homestead. I'm sure that Blog readers can sense the desire for a personal change of scenery. The Miata will need driving attention after a lonely winter in the garage. Sweeping road sand off the driveway is always one of the first task after arrival. There will be broken tree branches to be removed and the first lawn mowing of the spring season.

Yes, life in Florida is a wonderful refuge from the Northeast cold weather. As northern temperatures begin their seasonal recovery, so does the urge to get back to the Maine homestead. The St. Patrick's Day sale event along with regular orders have taxed the available office resources. Most were paid for lots via arriving checks, Paypal, and credit cards. I've done my best to insert some Quick Ships into the mix realizing that not all clients are receiving their usual courtesy service.

This leads to an important question as I've received several emails on why lots were not shipped ahead of payment. Let's ponder that question for a moment. If GFRC purchases coins from other major dealers, coins are never shipped until payment arrives and is recorded in their business system.

Once payment is recorded, a trigger is sent to the shipping department to package and ship the lot. Quick Ship from major coin dealers is not possible due to their operating procedures and business systems. These procedures are in place to avoid mistakes and preventing hired staff from operating on a random basis. GFRC typically operates in the same manner as the major dealers with the arrival of checks, Paypal, and credit card payments as the shipment trigger.

However, I've gone further and extended personal goodwill with the Quick Ship program. During slower order rate periods, new orders are immediately shipped ahead of payment. The shipping department has the bandwidth to provide this courtesy. When a huge sales time frame takes place, those who have made payment receive shipping priority, and rightly so. Therefore, please understand that there will be high volume sales periods where the small GFRC staff is over burdened.

My only option is to lower the priority of the Quick Ship program. Again, Quick Ship is a courtesy to clients based on available resources and my ability to custom manage shipments outside of our business system. After several days of overcast weather conditions, Tuesday brought a return to sunny skies during the early afternoon hours. Your blogger used the opportunity to photograph many coins followed by an afternoon and evening of image processing.

The following gallery presents a wonderful group of fresh Liberty Seated dimes for consideration. I worked until PM last evening updating images in the web-book, not missing a chance to improve the visual quality of the web-book during the sale of reference collection dimes.

First Right of Refusals poured in on Tuesday morning after previewing the new offerings. What about the O dime? I'm surprised that no one has made a request for this gem. The O date is typically available in circulated grades but not Mint State.

This example is also one that I have a difficult time selling. Look for these dimes to reach the price list during the afternoon with offer prices. Frankly, some have yet to be priced. Your morning patience will be appreciated as I work through another shipping session followed by pricing and posting this lot.

A gentle reminder that the amazing Burrowing Owl Capped Bust half dollar collection catalog is available for preview at the Auction link or clicking on the banner at the top of the Daily Blog page. The more I look at this collection, the more I am enthralled with the collective beauty of this auction lot.

It took the Burrowing Owl consignor seven years to assemble these twenty-two pieces. That is roughly three coins per year and a typical pace for those numismatist who pursue the finest possible specimens for their hard owned monies. These types of collectors always do very well during a sale for one simple fact. Gem and near-gem coins for the grade are highly desirable and are in very short supply.

Dreaming is part of our hobby; the fantasy of owning rarities or monster gems. I'm looking forward to the event as much as Blog readers are. Certainly, every coin will reach it reserve price. The question ultimately comes down to what will be the final winning bids on the evening of April 3. Following are several highlights to whet your appetite.

Additional Burrowing Owl Collection Highlights. Every Offering is a Potential Highlight! Turbulence has returned to global equity markets as fears are growing over Covid pandemic variants emerging out of Europe. The Netherlands and France also extended lock-downs and imposed new travel and business curbs. Matt Yamatin reports that China is freeing up internal mainland travel restrictions.

However, China is essentially closed to foreigners. It will be difficult for the Yamatin family to leave Beijing for time at the Maine homestead this summer. This will be the second year that we do not see Natsumi due to the pandemic.

Morning market futures are sharply negative for Asia while being moderately positive for the upcoming U. All three tracked commodities have settled into trading ranges.

Most important is the 10 Year U. Treasury bond yield holding steady at 1. Another day in the GFRC arrives. We will be able to process more St. Patrick's Day sale Quick Ships today as the order backlog is brought down to a manageable level. A delayed 65th birthday cook out arrives this afternoon. Everyone is feeling more comfortable with social events after vaccinations. Thanks for returning to the Daily Blog and absorbing my ramblings.

Wishing everyone a great day in the numismatic neighborhood. Greetings and welcome to the Blog on a Tuesday morning.

Venice weather has been uncharacteristically cloudy for the past several day. Unfortunately, the cloudy conditions have held back the processing of a substantial amount of new offerings that remain in the photography queue.

Since today's weather forecast predicts sunny conditions with a high temp of 72F, I'm planning a long photography session and quick image processing. Daily Blogs without coin galleries quickly become visually boring.

All paid for St. Today brings regular order shipments along with the start of St. Patrick's Day sale Quick Ships. A special long time numismatic friend sent along a 65th birthday gift. Diane hid the Priority box's arrival and placed it on the office desk yesterday afternoon.

Is anyone surprised with this thoughtful gift? How I love green with no offense to those who are fans of the orange brand.

Evening time brought Happy Birthday emails from Matt and Renee. Renee is busy with Ivy, her veterinarian career, and a residing project at her Austin home. Next will be the installation of a Generac back-up power system. Monday afternoon brought a Collectors Corner update. What a shock to learn that GFRC's online inventory level had dropped from about listings to slightly above in less than two weeks.

This finding confirms how strong the current numismatic market is and the rate at which GFRC offerings are selling. More important that ever is rebuilding inventory levels on the GFRC price list.

Of course, selling coins is what GFRC is all about. However, my time must be equally balanced between adding product to the price list and the selling function. Within a strong demand environment, prices will be moving upward and discounting requests for current inventory will be politely refused.

Following is a report out of the upcoming Liberty Seated dime lot that will be photographed and processed today. First Right of Refusals are gladly accepted. Everyone should pay close attention to the above itemized listing! Come the latter part of the week, I will be showcasing a substantial new purchases lot that will include Capped Bust, Seated, Barber coinage, and U. Afterwards, get ready for a key date Indian and Lincoln cent newly purchased lot with many CAC approved offerings.

Then it will be onward to a host of freshly consigned lots. Global equity markets are flashing red to start the day though the negative percentages are trivial. Who knows what the closing bell will bring on Wall Street today as the overall market momentum remains upward.

The summer of driving season is just two months away and I suspect there will be pent up demand for tourist location visits. Hopefully, the Maine tourism industry will enjoy a banner year. I can deal with the heavy Raymond downtown summer traffic knowing that local mom and pop businesses are recovering from the pandemic.

The 10 Year Treasury bond yield is holding at it recent 1. The time has arrived to wrap up today's ramblings followed by a quick shower and a morning in the shipping department. Afterwards, let hope for bright sun to enable the photography of the itemized Liberty Seated Dime lot as posted. Thank-you for a fantastic month of March! Amazingly, we still have a full week to go and I plan on loading some great coins to the price list to turn March into a gangbuster sales period.

See you tomorrow morning at the Blog. Overall St. Greetings on a Monday morning. It is a grand day as I'm feeling energized and turning Yes, the 65 year old milestone is notable. Skip to main content Press Enter. Skip auxiliary navigation Press Enter. IBM Community Home.

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