Larry Shepherd

My Best Advice for Collectors (and Dealers)

Don’t let auction companies, bullying dealers, CAC, etc. ruin your collecting experience.
By: Larry Shepherd
August 2018

“What fun I have had since 1992!”

Last month I helped Belt, one of my long-term collector clients, sell his entire collection through a private transaction. The time had come, necessitated by age and health, yet he was determined to not hand his beloved coins over to the auction company who’s representatives had been badgering him relentlessly for many years. Their approach had only served to turn him off.

After [...]

By |January 15th, 2019|Uncategorized|Comments Off on My Best Advice for Collectors (and Dealers)|

Enjoy All of Our SIMCO Internet Coin and Education Sites

Our goal is to enhance your total numismatic experience and expand your knowledge of this great hobby.
Please visit all of our SIMCO Sites around the web:

Our main web site:

Our inventory site, coins for sale:

Our site for coin news, posts, and general information:

Our blog and commentary page:

Our Coins Education page:

Our Greatest U.S. Coin Rarities Education page:

Our Toned Proof Indian Cents Education page:

Our Toned Classic Commemoratives Education page:

Our Rainbow Toned Modern Coin Collectors Education page:

Our Lincoln Cent Collectors Education page:

Our Peace Dollar Collectors [...]

By |October 3rd, 2018|Uncategorized|Comments Off on Enjoy All of Our SIMCO Internet Coin and Education Sites|

David Hall

David Hall has been a giant in our hobby/industry for as long as I have been involved. I’m proud to have him as a friend. His departure from PCGS does not mean he is exiting the numismatic world, so I don’t want this to sound like an obituary. He has meant so much to the numismatic community that his accomplishments to date bear acknowledgement. I wrote the comment below on another site, but I think it is worth repeating.

Our whole hobby/business owes David a huge debt of gratitude. His [...]

By |September 21st, 2018|Uncategorized|Comments Off on David Hall|


Management Shake-up; Finally Willing to Address the CAC Issue; Better Tuned in to the “Real” Customers; New CEO Joe Orlando is the Real Deal, and Very Impressive; Lots of Positive Changes Ahead for Company That Had Grown Stale; Sleeping Giant Awakes – Expect Much More Aggressive Response to NGC, CAC, and Grey Sheet Propaganda!


Collectors Universe Announces Departure of David G. Hall as President and Chief Operating Officer

NEWPORT BEACH, Calif., Sept. 18, 2018 (GLOBE NEWSWIRE) — Collectors Universe, Inc. (NASDAQ: CLCT), a leading provider of value-added authentication and grading [...]

By |September 14th, 2018|Educational, General|Comments Off on BIG CHANGES AHEAD FOR PCGS!!!!!!|
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    SIMCO Customer J&L Achieves #1 and #2 All-Time PCGS Commemorative 50 Piece Type Set

SIMCO Customer J&L Achieves #1 and #2 All-Time PCGS Commemorative 50 Piece Type Set

SIMCO Major Source of Coins in #3 Set Also

Congratulations to our customer and great friends J&L on achieving Number 1 and Number 2 both Currently and ALL TIME on the PCGS Registry for Commemorative 50 Piece Type Set. Both sets are amazing, and there is no duplication between the sets. In other words, the 50 coins in the 2nd set are entirely different from the 50 coins in the 1st set. That’s an incredible accomplishment!

Even more incredible is that every individual coin deserves inclusion in finest known set. There [...]

By |April 21st, 2018|General|Comments Off on SIMCO Customer J&L Achieves #1 and #2 All-Time PCGS Commemorative 50 Piece Type Set|
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    If You Love Classic U.S. Commemorative Half Dollars, See Our Educational Page

If You Love Classic U.S. Commemorative Half Dollars, See Our Educational Page”>

By |February 28th, 2018|Uncategorized|Comments Off on If You Love Classic U.S. Commemorative Half Dollars, See Our Educational Page|


A private advance viewing of the Eliasberg Morgan Silver Dollars


The auctions were conducted by Bowers and Merena, and Dave Bowers personally invited six of the top Morgan [...]

By |January 16th, 2018|Uncategorized|Comments Off on AN EXPERIENCE I WILL NEVER FORGET….|

More CAC Disasters

I just finished looking at some upcoming auction coins. As is typical, many of the coins are the grading mistakes, or the “lucky” upgrades of the big submitters, that the dealers have a hard time selling to any collector with a loupe and at least one good eye.

Grading mistakes happen, mechanical errors (input mistakes, typos, etc.) happen, but isn’t CAC supposed to protect collectors from these screw ups?

The Proof Indian Cent shown above is graded RB and CAC certified. RB, really? Really? RB stands for red and brown. On [...]

By |December 8th, 2017|Educational|Comments Off on More CAC Disasters|
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    PCGS Takes Coin Doctoring and Counterfeiting Security to New Level

PCGS Takes Coin Doctoring and Counterfeiting Security to New Level

We are a Strong Advocate of PCGS Gold Shield Grading

This is just one of several reasons why we emphasize PCGS Secure holders on most of the coins we sell to our customers, including all coins we submit ourselves for grading. Quite frankly, PCGS secure offers a much higher degree of collector protection than can be provided by any third party approval service. Unfortunately, many dealers avoid PCGS Secure for the same reasons we embrace it. I applaud PCGS for taking the already suburb Secure service to the next level.

Email [...]

By |November 29th, 2017|General|Comments Off on PCGS Takes Coin Doctoring and Counterfeiting Security to New Level|
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    How Did Some Proof Indian Cents Become So Beautifully Toned?

How Did Some Proof Indian Cents Become So Beautifully Toned?

Input from Rick Snow via a post on the Toned Proof Indian Cent Collectors site:

We can thank Dealers from the 1870’s and 1880’s for these toners. David Proskey, A.M. Smith and others bought the remainders of the cent, three cent and five cent Proofs from the Mint at face value at the end of each year. They held them in envelopes that toned them until they died. They were distributed mostly in the 1930’s. By then they had acquired incredible toning. They started acquiring them in 1877 and continued [...]

By |November 15th, 2017|Uncategorized|Comments Off on How Did Some Proof Indian Cents Become So Beautifully Toned?|

The Color of Proof Indian Cent Toning is Related to Dates

The Color of Toning on a Proof Indian Cent is Often a Function of Date Range — 1900-1905

You can often predict the date range of a toned proof Indian Cent just by looking at the color. For example, orange/red and / or yellow is about 95% certain to be a date from 1900 to 1905.

Added input from Rick Snow via a post on the Toned Proof Indian Cent Collectors site:
We can thank Dealers from the 1870’s and 1880’s for these toners. David Proskey, A.M. Smith and others bought [...]

By |November 1st, 2017|Educational|Comments Off on The Color of Proof Indian Cent Toning is Related to Dates|

The Color of Proof Indian Cent Toning is Related to Dates

Proof Indian Cent Toning is Often a Function of Date Range – 1889-1898

You can often predict the date range of a toned proof Indian Cent just by looking at the color. For example blue/green, teal or turquoise is very likely to be a date from 1882 to 1888, as shown elsewhere. But starting 1889 and running through 1898, colors turn deeper and shades of dark blue, magenta, and purple dominate, as you can see above.

Added input from Rick Snow via a post on the Toned Proof Indian Cent Collectors [...]

By |November 1st, 2017|Uncategorized|Comments Off on The Color of Proof Indian Cent Toning is Related to Dates|

The Color of Proof Indian Cent Toning is Related to Dates

The Color of Proof Indian Cent Toning is Often a Function of Date Range – 1882-1888

You can often predict the date range of a toned proof Indian Cent just by looking at the color. For example blue/green, teal or turquoise is very likely to be a date from 1882 to 1888.

Added input from Rick Snow via a post on the Toned Proof Indian Cent Collectors site:
We can thank Dealers from the 1870’s and 1880’s for these toners. David Proskey, A.M. Smith and others bought the remainders of the [...]

By |November 1st, 2017|Educational|Comments Off on The Color of Proof Indian Cent Toning is Related to Dates|

Collector’s CAC Disillusionment

Disillusionment, noun: a feeling of disappointment resulting from the discovery that something is not as good as one believed it to be.


Response of a nearby well known national dealer at the PCGS Philadelphia Members Only Show this past weekend after overhearing a question posed to me by a disillusioned collector.

The collector had been drinking the CAC Kool-Aid, as constantly spouted through Legend’s web site (although it is widely believed throughout the dealer community that Legend’s real motive for scaring collectors into CAC [...]

By |October 30th, 2017|Educational|Comments Off on Collector’s CAC Disillusionment|

See Incredibly Beautiful Toned Indian Cents

By |October 16th, 2017|Uncategorized|Comments Off on See Incredibly Beautiful Toned Indian Cents|
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    Are There Lessons for Numismatica in the Hollywood/Weinstein Scandal?

Are There Lessons for Numismatica in the Hollywood/Weinstein Scandal?

Organizations such as the ANA, PNG, ICTA and the Numismatic Press all excel at ignoring the inconvenient truth. Sound familiar?

Money trumps evil. Donations lead to blindness. ANA, PNG, ICTA, Press look the other way.

From a previous article, cited below:
“I have often contended that one of the most severe weaknesses of the numismatic industry and the associations that are supposed to oversee and protect the public and the industry is that far too often they all look the other way on issues of ethics and fraudulent behavior. In many [...]

By |October 16th, 2017|Uncategorized|Comments Off on Are There Lessons for Numismatica in the Hollywood/Weinstein Scandal?|

CAC Beauties :-( :-( :-( :-( :-(

Is This What You Want??????????? Really???????????

The five coins above are all CAC “Approved” and have appeared in recent Auctions. They may not be the norm, but they certainly are not the exceptions either. I’ve seen a lot more like them.

1892 Indian Cent PR-66+RB. Messy surfaces and a vertical scratch on the face that requires a yard stick to measure. 66+ ??? CAC ???

1906 Indian Cent PR-67RB. Really?

1863 CN PR-66CAM. Unattractive. Look closely around the date and rims.

1877 PR-65BN. The reverse is even worse. Yeh, I’m scratching my head too!

1937 [...]

By |October 4th, 2017|Educational|Comments Off on CAC Beauties :-( :-( :-( :-( :-(|
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    Toned Copper Coins–Don’t be Spooked by the Ramblings of Fools

Toned Copper Coins–Don’t be Spooked by the Ramblings of Fools

Let’s Kill Another Urban Legend

by Larry Shepherd

One of the recurring “Urban Legends” of the various Coin Forums is that blue toning on copper is not natural and is caused by subjecting the coin to some coin cleansing product like MS-70.

This false narrative has been repeated hundreds of times by self proclaimed experts, on forums and at coin shows, over the last decade or so. Their only basis of knowledge is that they heard or read it from some other self proclaimed expert on some forum.

Over the past thirty years [...]

By |October 4th, 2017|Educational|Comments Off on Toned Copper Coins–Don’t be Spooked by the Ramblings of Fools|
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    Fallout From Monex $290,000,000 Fraud Charges Potential Black Eye for ANA, PNG

Fallout From Monex $290,000,000 Fraud Charges Potential Black Eye for ANA, PNG

Fallout from Monex $290,000,000 Fraud Charges on ANA, PNG

Updated 9/13/17 by Larry Shepherd


Potential Black Eye for ANA, PNG*

“Allowing organizations such as Monex/Monaco to enhance their reputation and familiarity through association with the ANA puts the ANA in a position of implied endorsement, even if unintentional.”



CFTC Files Complaint Against Monex Alleging $290 Million Fraud

One of the largest cases of fraud the CFTC has ever dealt  with, according to new lawsuit filed against three Monex companies


By CoinWeek News Staff ….

On Wednesday, September 6, the Commodity Futures Trading Commission (CFTC) filed a civil [...]

By |September 10th, 2017|Uncategorized|0 Comments|

Ranking Coin Shows for Collectors. Updated 9/1/17

I get a lot of questions from collectors about which major coin shows would be best for them to attend. Travel distance aside, if you are a collector longing for a positive big coin show experience, here are my suggestions, ranked in order.
Best National Coin Shows For Collectors:

1.) FUN Show (January)
Absolutely the biggest and best national show of the year. It’s the best place for collectors to find nice coins and the best show for dealers to sell to collectors. It is the only great super-show remaining. [...]

By |August 28th, 2017|Educational|0 Comments|
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    The Color of Money. Written by Ron Guth, President of PCGS CoinFacts

The Color of Money. Written by Ron Guth, President of PCGS CoinFacts

Larry’s comment: Don’t listen to ego-centric, big mouth fools like Stewart Blay and others who pretend to be experts (they’re not) on Coin Forums, and spew a lot of inaccurate and misleading phony information that gets repeated by others equally not in the know. My strong advice is don’t listen to anything you read on an amateur forum, unless it is posted by a TRUE expert–and there aren’t very many of them!

The article below is written by one of the leading experts in the hobby. Ron Guth has a [...]

We Are Back!

We Have Been Traveling Through the Rural Interior of China Since Early March
If you tried to contact us, I am sorry we were out of touch. We had no phone service, and internet access to Google, Gmail email, and Facebook are all banned in China.


By |April 15th, 2017|Uncategorized|0 Comments|

Make Every Purchase Special — Updated Feb. 2017

The Trends of the Future are Already Here
I recently received an email from a fellow dealer, with a photo of a coin owned by one of her customers. The customer wants to sell the coin, but in the dealer’s words, “He’s buried in it.”

Her question to me was, “Do you think I can get him out of it at any price close to his cost?”

The real question that immediately came to my mind was, “Why did her customer buy this coin?” It is a Mint State 65 DMPL [...]

By |February 1st, 2017|General|0 Comments|

We Take Extra Steps for Your Benefit — Contents Updated Feb. 2017

Better Coins + Better Assurances = Better Value for You

1. All the coins we sell are in new unscratched PCGS holders, unless otherwise noted. Most are in PCGS Secure Holders for your added protection. We think PCGS Secure provides the anti-doctoring and artificial toning protection of CAC without all the CAC biases and negative issues.

2. We do not “max out” grades, or strive to achieve max+1 (65 quality in a 66 holder) or max+2 (65 quality in a 67 holder), as most dealers and auction companies do. We would [...]

By |February 1st, 2017|General|0 Comments|

Trump Rally?

Has the Election Turned the Coin Market?
I just stepped off the airplane coming home from the PCGS Member’s Only Show in Las Vegas about two hours ago. It was by far the best-attended, most active, most upbeat PCGS Show, or any coin show for that matter, in the last three years. The floor was crammed Wednesday, Thursday and Friday and a lot of business was being done from morning to afternoon. Wholesale activity was the strongest of any PCGS Show of the past year, and there were several [...]

By |December 18th, 2016|Uncategorized|0 Comments|

The Coins that Fueled the Industrial Revolution

1806 England, PCGS PR-69DCAM

Originally from the collection of the Soho Mint, Matthew Boulton, and James Watt, preserved throughout history as part of the James Watt Estate. Produced as a prototype by Boulton and Watt to present to King George of England to show why the Soho Mint should mint coinage for England.

Flawlessly preserved with surfaces and color as struck. Undoubtedly one of the the finest quality pre-1850 coins in existence worldwide. It would take many decades before the U.S. Mint could do work equal to this standard. Size roughly [...]

By |November 13th, 2016|Uncategorized|0 Comments|
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    From the Collection of Matthew Boulton, James Watt, and the Soho Mint

From the Collection of Matthew Boulton, James Watt, and the Soho Mint

Pedigreed to Boulton and Watt; the coins that fueled the Industrial Revolution.

1821 St. Helena Copper Halfpenny, PCGS PR-68DCAM

From the collection of the Soho Mint, Matthew Boulton, and James Watt*, fathers of the Industrial Revolution. This very coin, produced in 1821 as a one-of-a-kind prototype by Boulton and Watt, founders of the Soho Mint, to present to the leadership of St. Helena to show why the Soho Mint should mint coinage for St. Helena. Struck in the same year Napolean sought exile in St. Helena, bringing worldwide attention to the [...]

By |November 6th, 2016|Uncategorized|0 Comments|

Watch New Toned Indian Cent Video by Larry

Toned Indian Cent Proofs are the most beautiful, under-valued and under-appreciated (yet still affordable) segment of the American Rare Coin Market. Please watch this informative video to see some absolutely gorgeous coins, and learn why they are my favorite series to collect.

The Two Varieties of Indian Cents Struck in 1886

How to recognize 1886 Var.1 versus Var.2 Indian Cents

The two 1886 varieties are quite easy to distinguish, and once you see the difference you will be able to recognize them with your naked eye. The difference lies between where the bottom feather on the Indian’s head bonnet points, relative to the letters in America. Using the photos below, note that the bottom feather of the 1886 Var. 1 points between the I and C in America, while the much scarcer Var.2 shows the feather pointing between the C and [...]

ANA Dallas National Money Show Report

I did not attend the ANA National Money Show in Dallas last week because Spring ANA National Money Shows are always over-hyped and almost always disappointing. Plus, in 30 years of traveling on the show circuit I have never had a worthwhile show in Dallas. But, despite my warnings, many of my dealer friends attended and took tables. Here’s how one of those dealers just described the show in a text:

“ANA was dead!!! Dallas is horrible coin town. Saturday morning 10 a.m. 3 people waiting to get in! [...]

By |March 7th, 2016|General|0 Comments|

A Story About a Kid and an 1804 Silver Dollar

I developed an interest in coins when someone gave me a used Red Book when I was 10 years old. As kids that age often do when they find something new and interesting, I quickly got hooked, and immersed myself in discovering designs and denominations and history that I never knew existed. I opened and read that Red Book every day, studying designs, values and mintages, but the page I always turned to first was the page with the story of the most valuable U.S. coins, the 1804 Silver [...]

By |December 14th, 2015|General, Videos|2 Comments|

Successfully Working With Coin Dealers — Educational Post

In the modern Internet age of eBay, forums, online auctions, etc. many collectors believe they no longer need to work with coin dealers, and they can save the coin dealer’s markup just by dealing directly with each other. In some cases that’s true, but if you want to acquire truly exceptional coins and have a shot at the best material when it becomes available, you can’t be fully successful without having excellent, established coin dealer relationships.

At this point I can imagine some readers rolling there eyes and thinking,”That’s just [...]

By |September 30th, 2015|Educational|2 Comments|

Email from a Former SIMCO Customer 10/10/15

This is a nice email I received today from a wonderful customer who purchased numerous coins from me in the mid-90’s.
I love to get feedback like this! I want every one of my customers to have this kind of experience.

Read your description below. A blast from the past. Your original SIMCO description as stated in your catalogue:

“1897-O PCGS MS-64  This coin is AWESOME! Untoned, and blazing white, this monster is struck up like a proof, light years better than the pancake strike often found on this date. [...]

By |September 29th, 2015|Uncategorized|0 Comments|

Choosing an Auction Company

I personally believe that honesty, ethics, trustworthiness, integrity and how consignors are treated are all just as important as size, stature, advertising budget and how many zillions of registered bidders a firm claims to have. I don’t like firms that have a “our way or the highway” attitude. I don’t like to deal with firms that are one-sided on every aspect. I don’t like firms that are arrogant, talk down to you, or treat you like you should feel privileged to to business with them — and only on [...]

By |September 21st, 2015|Educational|0 Comments|

World Coin Size Chart – Educational Post

World Coin Size Chart
It is very difficult to judge the size of a coin based only on a photo. While U.S. coin buyers generally are aware of U.S. coin sizes, the same does not apply to world coins. I will post sizes in my World Coins descriptions. To help you visualize the size of a world coin, here are approximate diameters of current U.S. coins for comparison, in millimeters:
• 3 Cent Silver 14mm
• ½ Dime (Liberty Seated) 15mm
• Roosevelt Dime 18mm
• Indian/Lincoln [...]

By |September 20th, 2015|Educational|0 Comments|

The Coinage of Saxony — Educational Post


Saxony is an area of immense natural beauty, with a rich cultural landscape, and centuries old traditions. In addition to world famous craftsmanship from the Ore Mountains, people also maintain Sorb traditions, and the Vogtland dialect.

Saxony was one of the largest and most important German states during the late middle ages. Its rich monetary history culminated from the wealth and power of the region and an abundance of silver mines discovered in the mid-1400’s. Saxony and its capital, Dresden, prospered from the 15th to the 18th century before their [...]

By |September 20th, 2015|Educational|0 Comments|

Piedforts or Pieforts – Educational Post


You will see these terms come up in my world coin descriptions on occasion, as they are one of my favorite categories of rare world coins. I felt that an explanation would be beneficial, since most American collectors are not familiar with them.

While both spellings are commonly used throughout numismatic literature, Piedfort is a French word meaning “strong foot,” or “heavy measure.” Although I can’t say with 100% certainty, I assume both meanings refer to the fact that piedforts are always unusually thick, [...]

By |September 20th, 2015|Educational|0 Comments|

Maundy Coins (Great Britain) — Educational Post

Maundy coins consist of four small silver coins, penny, twopence, threepence and fourpence. The coins are produced annually and are given by the reigning King or Queen to elderly poor people who are deemed worthy. The presentation is a ritual performed on Maundy Thursday, the Thursday before Easter, as part of a religious ceremony dating back to the reign of Edward II in the early fourteenth century. From then until 1670, the coins presented were regular issue pieces, usually silver pennies. The first issue of “special coins,” or Maundy [...]

By |September 20th, 2015|Educational|0 Comments|
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    Update on the Famous $69,000 Oregon Trail Commemorative Coin

Update on the Famous $69,000 Oregon Trail Commemorative Coin

There was an interesting post on the PCGS U.S. Coin Forum today (September 8, 2015), recalling the Superior Galleries Auction in 2004 when a spectacularly toned PCGS MS-67 first-generation (aka rattler)-holdered 1926 Oregon Trail Commemorative Half Dollar sold for an astounding $69,000. It set off a media firestorm. Normal price for an average MS-67 specimen would have been around $2,000 at that time. Many followup responses on the forum raised questions about the whereabouts of the coin today, whether it was getting darker in the holder, and even if [...]

By |September 8th, 2015|Educational, General|0 Comments|

Fun Time at the PCGS Member’s Only Show

“That was the best 45 minutes I ever spent with ANY coin dealer ever!”

Posting on the PCGS U.S. Coin Forum, 9/3/15, by AUandAG:

First let me apologize for not taking a camera and I don’t own one of those cell phones either.

But, went to drop off a bunch of Morgans for grading and did not plan on spending much time looking for material as I’m pretty much dead broke at the moment. And of course this is when you see your holy grail and can’t buy it….Nah, not the case [...]

By |September 6th, 2015|Uncategorized|0 Comments|

Picked Off by a 12 Year Old

Wonderful Experience with a Young Collector at the ANA Show

During the second day of the Chicago/Rosemont ANA Show last week a young boy and his mother stopped to look at my coins. Both of them were highly enthusiastic and it was quickly apparent this was no normal 12 year old, when it came to coins. He’d done his homework and it was easy to recognize he “gets it.”
He and his mom asked all the right questions, and even more importantly, they listened and absorbed the answers. I did [...]

By |August 24th, 2015|Uncategorized|2 Comments|

2015 Chicago/Rosemont ANA World’s Fair of Money

The 2015 ANA World’s Fair of Money which ended last week was barely okay. It was better than the disastrous 2014 event, when the ANA foolishly allowed a handful of greedy fat-cat dealers to ruin the show for everyone else in attendance by busing in thousands of homeless, vagrants and street people; so they could corner the market for the new Kennedy Proof gold pieces and gouge the collecting public.

It came nowhere close though to the record setting, exciting show of 2011 in the same venue, or the 2012 [...]

By |August 23rd, 2015|General|0 Comments|

Larry Shepherd Video on Why U.S. Commemorative Coins are Great to Collect

Classic Silver Commemorative Coins 1892-1954
What first got me interested in U.S. Commemorative Coins was the fact that there were 50 different designs. There is a great story behind each one of them. I’m talking about the classic commemorative coins dated 1892-1954. Many would rank them among the most beautiful coins ever made. And you can collect some really nice commemorative coins on almost any price level. In fact, most commems are selling at historically low levels for the last 30 years, and represent great value at current prices.

YES, We’re on Facebook

Visit us on Facebook,

By |July 16th, 2015|General|0 Comments|

New PCGS Holders

PCGS recently introduced new, more secure holders. While I like the changes they made in the design, I must caution you to be very careful when trying to remove (crack out) a coin from one of the new PCGS holders. The plastic does not break as cleanly as on the PCGS holders of the past twenty years, and the chances of scratching a coin during removal is many times as great as before.

By |July 16th, 2015|Educational|0 Comments|

SIMCO Adds Chinese and World Coins Category

Reflecting our commitment to provide world coins of equal status to compliment our offering of beautiful U.S. coins, SIMCO will be adding to a new category of Chinese and World Coins to our website in the coming months. As with our U.S. coins, the emphasis will be on unequaled quality, rarity and/or world coins of unusual interest. Click on China and World on the See Our Coins page. Let us know if there are certain countries or issues that you would like us to pursue.

In recent years both PCGS [...]

By |June 9th, 2015|General|0 Comments|

SIMCO Archives – Finest Known Isabella Quarter*

*From the original Shepherd Collection

Visit the SIMCO Archives ( under the See Our Coins tab) to see a sampling of the many amazing coins we have handled over the past three decades!

Catch a glimpse of how “cool” coins, and collecting coins, can be!

Think about letting us build you something special that will dazzle and amaze you and your friends! Whether a set, an entire collection, a Box of Twenty, or just some special and meaningful coins, we can put it together for you in a way that no one else can rival.

2015 ANA Board of Governors Election

From ANA Press Release:

“The American Numismatic Association Board of Governors adopted new budgeting guidelines that include the use of up to three percent of the ANA’s investment principal to fund yearly operations. The new budgeting guidelines were approved by a unanimous 7-0 vote during a teleconference meeting held Tuesday, April 14, 2015. The motion, proposed by Governor Greg Lyon, also permits the use of an additional one percent of investment principal for unanticipated non-capital expenses.”

“We are not necessarily like a business where every year every dollar that comes in has [...]

ANA Settles with Shepherd

Larry Shepherd, owner of SIMCO Numismatics and former Executive Director of the American Numismatic Association, has reached a mutually agreeable settlement with the ANA.

The ANA’s announcement of the settlement stated, “the American Numismatic Association (ANA) and former ANA Executive Director Larry Shepherd jointly announce that all claims arising from a lawsuit filed by Mr. Shepherd against the ANA and various individual defendants have been settled to the mutual satisfaction of all parties. Terms of the settlement will remain confidential, by agreement of the parties.”

The statement added, “the ANA acknowledges [...]

By |March 6th, 2015|General|0 Comments|

Farewell Margo Russell

Unless you are over 50 and a long-time coin collector you probably don’t recognize the name Margo Russell. Margo was Editor of Coin World for 23 years before passing the Editor’s pen to Beth Deisher 29 years ago. She passed away yesterday (Jan. 26) at the grand age of 95, following a recent stroke. She was a grand and wonderful lady, lively and fully functioning until the day of her stroke. She recently told Beth that in addition to driving herself around, she still read 2-3 books per week, [...]

By |January 27th, 2015|General|1 Comment|

RIP Jay Cline

A good friend for 40 years, and a true gentleman! I sold my very first coin collection to him in 1974 at his store on Salem Avenue in Dayton, Ohio. I used the proceeds for the down payment on my first home.

The owner of J.H. Cline Rare Coins died January 8, 2015 from injuries suffered in a car accident. Widely considered throughout the hobby as the premier expert on Standing Liberty Quarters, Jay never lost his passion for the series. He was a regular on the major coin show [...]

By |January 26th, 2015|General|2 Comments|

2015 FUN Show Observations

It’s a new year, and the market hit the “reset” button at the annual Florida United Numismatists’ convention and coin show.

The previous five months’ coin shows were very weak, starting with the disastrous World’s Fair of Money Convention in Chicago, where the ANA allowed a small group of greedy fat-cat dealers to kill the show for everyone else by busing in thousands of transients, homeless and employment agency temps to buy the Kennedy commemorative gold pieces so they could skirt the rules and rip off the public. It [...]

By |January 11th, 2015|General|1 Comment|

Lions and Tigers and Bears, Oh My!

“All these big auctions, oh my! Newman, Gardner and Partrick, oh my! Pogue 1n 15, 16 and 17, oh my! The coin market cannot possibly absorb that much material! Oh my!”

That’s what we have been hearing over the past several months, as the Dorothys, the scarecrows and cowardly lions pull their bids, close their wallets, and run for the storm cellars.

Yes, auctions this big and so close together are unprecedented, but didn’t we all know for many years that they were coming? Eric Newman is 104 years old. Gene [...]

By |December 19th, 2014|General|0 Comments|

My “Dream” Box of 20

IF MONEY WAS NO OBJECT (or if pigs could fly), these would be the coins I would most love to own in my personal “Box of Twenty:”

1) MCMVII Ultra High Relief $20 PCGS PR-69
2) 1804 Dollar, Sultan of Muscat Specimen, Watters, Child, Pogue PCGS PR-68
3) 1907 Indian Head Double Eagle Pattern
4) 1872 Amazon Gold Pattern Set
5) 1794 Silver Dollar PCGS SP-66
6/7) 1915-S $50 Pan Pac Round and Octagonal
8) Superb Quality $4 Stella
9) 1861 Paquet Reverse $20
10) 1804 Plain 4 Proof $10
11) [...]

By |December 12th, 2014|General|0 Comments|

Throwback–The SIMCO Invitational 7/22/02

Reprinted from the PCGS U.S. Coin Forum

Written by Brian Sonnier (aka GSAGUY)

Monday, July 22, 2002 4:45 PM

Those of you who have been around this hobby for a number of years and certainly those of you who are fans of high-quality commemoratives know the name of Larry Shepherd and SIMCO Numismatics.

In the late 1980s, Larry assembled what was then (and may be to this day), the finest collection of monster toned commemoratives ever assembled. He sold the collection at auction in the early 1990s but has remained active in [...]

By |December 10th, 2014|General|0 Comments|

Congratulations Rod Gillis

Congratulations to Rod Gillis, one of the “good” people at the ANA. Rod is the reason there will be a WWI U.S. commemorative coin. It has been Rod’s dream, and his initiative, that has resulted in the WWI Commemorative Coin bill passing the U.S. House and Senate this week. It goes to show what one person with a good idea and the perseverance to to work hard and fight for it for more than four years can accomplish. Great job Rod!

By |December 8th, 2014|General|0 Comments|

Economics and Voting

Every American voter should be required to pass at least 12 credit hours of Economics courses.

By |November 2nd, 2014|General|0 Comments|

Highest Graded is not the same as Finest Known

The two terms are not always synonymous. Most often there is a difference between highest graded, or pop. top, and finest known. Sometimes that can be a big difference, both in quality and price.

Finest known is a measure of quality; highest graded is a product of the whims of grading.

If you want to collect in the top-of-the-line arena, make sure you understand which coin you are buying. A highest graded, pop. top, coin is not a guarantee of finest known quality. Don’t pay finest known money unless the coin [...]

By |October 2nd, 2014|Educational|0 Comments|

A Few Thoughts for the ANA Governors and Leaders

1.) Doing the right thing is not that hard.

2.) The ANA belongs to the members, not to the ANA Staff. Your job is to serve the members; not the other way around.

3.) It’s the American Numismatic Association, not the Colorado Springs Numismatic Association.

4.) The members have every right to know everything you are doing with their organization and their money.

5.) If you do things right, and focus on doing the right things, there is no reason to be secretive and fear transparency.

6.) If the Governors are afraid to do [...]

By |October 1st, 2014|Educational|0 Comments|

Organizations and (So-Called) Leaders

The mores of an organization flow down through the organization from the top to the bottom. This applies to numismatic associations like the ANA, PNG and auction companies just as much as large commercial corporations and national organizations. Collectors should never lose sight of the following:

*It will not be an ethical organization if it has an unethical leader.
*It will not be an honest organization if it has a dishonest leader.
*People will not respect or support insincere phonies, regardless their lofty title.

By |October 1st, 2014|Educational|0 Comments|

Proof, Uncirculated, and Bullion Coins — Beginning Collector’s Educational Post

What is the difference between Proof, Brilliant Uncirculated and Bullion coins?

As Explained by the British Royal Mint:

The Royal Mint produces three types of uncirculated commemorative coin finish: Proof, Brilliant Uncirculated and Bullion. Proof coins are the highest standard of commemorative coin produced by The Royal Mint. Brilliant Uncirculated coins have a higher standard of finish than Bullion coins, without the extra finishing and detail provided on Proof coins. Bullion coins have a similar standard of finish to circulating coins.

What are Proof coins?
Royal Mint Proof coins are the highest [...]

By |September 20th, 2014|Educational|0 Comments|

RIP David Weygant 8/4/14

For many years you were my customer, then you used me as your mentor when you retired to become a coin dealer. You often told people you modeled your business after mine, always seeking the best coins you could find for the grade. That was a tremendous compliment coming from someone I admired so much. But while I taught you about coins, you taught me about life, and how to live it to the fullest.

You were a beautiful man, in the ways men should be beautiful. Your honesty, integrity [...]

By |August 18th, 2014|General|0 Comments|
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