April 10, 2025 - All We Want Are A Few Good Coins To Put Away
April 10, 2025
April 10, 2025 - All We Want Are A Few Good Coins To Put Away
Hi All,
I hope all is well. Well the big reset appears to be underway and many of us, a majority I think, are happy to see this reset finally happening. Trade deals that were signed before helped wipe out the industrial base those of us with the digit 6 or 7 in our age group can remember.
I grew up in Garwood NJ and one of my first jobs was at a factory called Accurate Bushing where I trained to be a "honer" that is someone who finely grinds the inner dimensions of bushings that are used in jet aircraft engines. It was a good paying job that I worked at one summer as a teenager and I enjoyed it although it didn't fit with what my life's plans were however would not be a bad choice at all for many. Those jobs are few and far between nowadays. A quick internet search reveals they are still there in Garwood. But large factories which existed in Garwood that I remember driving past are long gone. One can see that wreckage all over the country and especially in the northeast, midwest, anyone driving thru Pennsylvania on I-95 can see the abandoned factories along the way. I can only imagine Detroit.
In the world of numismatics it was the "midwest" collector that dominated so many areas of coins. On all levels it was collectors that somehow someway were benefitting from America's industrial might, were also smart enough to set aside these gold, silver, copper and nickel round objects with In God We Trust on them. Some of these collectors were the backbone of this business and I can think of one who was a pioneer i the vending machine business from early on, to a giant glass manufacturer in New Jersey who has been in business 100 years and who once told me when I was just starting out and feeling low because of the rotten news the press always seems to focus on told me "Tom there are always opportunities out there but they are not going to find you, you have to search for them yourself". Another fellow who built a complete set of high grade $3.00 gold coins. He never went to college but worked in a foundry and invented a part that General Motors paid him a good sum of money for with royalties that go on forever and I could go on and one listing literally dozens of great Americans who I have personally worked with, personally met and even spent time in their homes on occasion.
I believe we are about to see a new beginning in terms of manufacturing and we already know about trillions of dollars being committed to invest in the USA from a giant honda plant to a steel plant to a giant chip plant and maybe we can learn to be more self sufficient as a result of this. Are happy days here again? I think so but I'm always an optimist. More jobs mean more coin collectors and coin people. This is a good thing for our hobby isn't it? I believe that as a result of these new jobs being created a percentage of those working men and women will find out about numismatics and some will collect and some will invest. Either way the coin business benefits. I hope you don't mind my opinion on these subjects.
Here's a few of this weeks favorites, some of which are extremely rare and very cool:
Awesome Pattern Gold Dollar J-68 Cac'd Tied Finest (images on request)
Please don't hesitate to contact me to discuss these as well as any other coins you are considering whether you are buying-selling - or consigning to auction. Let me help!
When you see a rare coin of interest, please click to request images and to temporarily reserve the coin, giving yourself a little time to review the images that we'll send you and communicating with us that you would like us to hold the coin while you do your research.
Please also note that these are just some selections from the vast inventory of really great rare coins we have to offer. If you do not see what you are looking for on our website, send us an email or give us a call, because if it's a really rare coin, chances are we have a lead on one for you or have it in the safe!
Please contact me as soon as possible, as this is a very healthy rare coin market.
Don't hesitate to share your Want List items; we are adept at filling them, and we're discreet.
We wish you and your family continued health & prosperity.
Once upon a time yours truly was on the front page of Numismatic News for handling 3 1834 Capped Bust quarter eagles which 2 were mint state simultaneously. Here's a copy of that sale THREE SOLD AT ONCE Those coins have quadrupled in value and when was the last time you saw one I know that over a period of just a couple of years with great focus I went out with my partners to find them and buy them. There was an estimated dozen or so that existed and I bought 9 of them. While I'm not claiming that the 1848 No Cal is as rare as the 1834 capped bust quarter eagles I am saying that a significant opportunity presents itself that is way more advantageous in owning a few No Cal's than a single CAL. Check the pops and compare the prices. What do you think This specimen quite nice overall, Strong detail; looks 55 and only
Tom Pilitowski, US Rare Coin Investments is a Rare Coin Dealer, Gold Coin Dealer specializing in Rare Coins, Gold Coins and Silver Coins since 1979. Tom Pilitowski has been involved in coin collecting since childhood. There are virtually no areas of American numismatics that Mr. Pilitowski has not explored, or has had experience in and over the years, Mr. Pilitowski has been successful in not only surrounding himself in the most astute and influential circles of coin traders, numismatists, collectors and investors but became one, who is looked upon by some of the most astute buyers as a source of knowledge, information and inventory acquisitions.
P.S. Remember, we are a small company with specialties, some of which were considered highly esoteric decades ago when I started studying and doing business we have honed over decades, who cherry picks millions of dollars in rare coins to offer you. Some of these very same numismatic specimens are today worth many times what they once were when only a few of us were as deeply involved with them as I was and still am decades later I promise you confidential, personalized and expert representation of the highest integrity. Buy and sell with confidence.
