 
COIN MARKET INSIDER'S REPORT is the award-winning column that has run in COINage Magazine monthly since 1974. Its author is David L. Ganz, a New York City lawyer, who for more than 35 years has covered the numismatic marketplace. Besides practicing law, he is a past present of The American Numismatic Association, and served for a dozen years as general counsel to the Professional Numismatists Guild. Appointed by President Nixon to the 1974 Annual Assay Commission, he served (1993-1996) as a Clinton appointee on the Citizens Commemorative Coin Advisory Committee. His latest book, "The Official Guide to America's State Quarters" is a Random House mass market paperback, due out this fall.
The column began with a premise that it could report, telegraph style, about what was going on in the numismatic marketplace and talk about the buys, the sells, and the trades that investors and collectors are interested in. It now includes the internet, and http:// addresses you can hyperlink to, easily. This is an expanded version of the column as it appears in COINage Magazine. The author can be reached at: davidlganz@ganzhollinger.com.
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Insider's Report
June 2002
by David L. Ganz
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Plans for the auction of the 1933 $20 gold piece this summer in New York City, immediately prior to the ANA convention are moving swiftly... Exhibition of the coin that the government says is the only 1933 twenty that will ever be legal to own include Long Beach... and the Federal Reserve Bank of New York City... Stack's and Sotheby's are jointly conducting the one-lot sale that has an estimated selling price of around $6-million.... www.stacks.com
May 17 marked a special hearing on the golden dollar before the Senate Appropriations subcommittee... Chaired by Sen. Byron Dorgan, witnesses included the U.S. Mint's Director Henrietta Fore... Coin Coalition's Jim Benfield... a native-American speaker.... http://thomas.loc.gov
State quarter series begins to get fantasy issues to complement it... A pseudo-Texas coin shows Bush in the saddle with a lariat; an Arkansas pseudo-coin depicts Clinton behind a tree with a female doing the nasty to him... One Louisiana pseudo making the Internet depicts a common Mardi Gras theme of a bare-breasted woman with a vulgarism for showing her anatomy... Most sell for $3 to $10 apiece and are struck pieces....
Rep. Frank Lucas, R-OK, has introduced H.R. 4846 to allow the Mint to buy new supplies of silver... Without the new law, the silver bullion eagle market will dry up.... since the national defense stockpile is depleted.... http://thomas.loc.gov U.S. Mint has announced it is reaching into inventory to sell older proof sets from the 1990's... Low mintage probable: uncirculated West Point silver dollar with just 91,200 presently produced.... Sacagawea production for 2002:L now about 4.7 million pieces.... Low mintage for the state quarter series: thus far Ohio 2002-P with 217 million pieces (less than one for every American). The 2002-D is 414 million... Reason: Philadelphia Mint was closed for environmental reasons during the production run... www.usmint.gov
RIP: David Lawrence Feigenbaum, age 60, proprietor of David Lawrence Rare Coins.... His son, John, continues the business... Dave had Lou Gehrig's disease and was valiant over the last five or so years... www.davidlawrence.com
Mint has extended time to apply to become a member of the Citizens Commemorative Coin Advisory Committee... The web site, www.ccaconline.org is under construction.... Chair Elsie Sterling Howard says it will be up and on line soon...
Ready for publication: Ed Reiter's new book, the N.Y. Times Guide to Coin Collecting (211 pages, $12.95)... This book is truly spectacular. A great introduction to coin collecting by a true expert in the field..... A great general guide with lots to learn for the beginner and expert alike....
Watch out Red Book: there's a new price guide in town, the 2003 U.S. Coin Digest, edited by Joel Edler and Dave Harper (Krause Publications, 264pp, $11.95)... Accurate mintages, at least four condition pricing, solid photographs, new information and a spiral binder for convenience and easy... This one will be close-by my bookshelf... and should be on yours, too... There are more than 80,000 prices in the book.... www.krause.com
Summer reading: Wayne Sayles' "Classical Deception" (196 pp, $24.95, Krause talking about counterfeits, forgeries and reproductions of ancient coins.... More than 200 photos...electrotypes... hobby protection act, and more.... A must if you collect the older coins, interesting even if you don't....
Just in: Allen G. Berman's ambitious "Warman's Coins and Paper Money" 2nd Edition, Krause, 304 pp, $21.95... Designed primarily for the generalist, early Islamic coinage, later Asian and Pacific coinage, early Chinese, U.S., Canada, is given cursory treatment... Example: Hawaiian coinage is offered but the nickel pattern and 12½ cent piece are not mentioned... prices generally for circulated items, but accurate... Useful for a generalist's library....
Where to begin with Q. David Bowers' new book... Subject: the California Gold Rush. More than 1,050 pages... impressive narrative and illustrations.... What a spectacular book! Belongs in every serious collector's library... It weighs in at 13 pounds... Well, I weighed myself, then myself with the book and subtracted.... heavy duty.... www.bowersandmerena.com
A new catalog joins the ranks: "Standard Catalog of Stocks and Bonds" by Rainer Stahlberg with Colin Bruce II, 708 pages, fully illustrated (Krause $39.95)... Just what you'd expect, a truly definitive book with more than 6,500 listings and how-to collect guide for this fascinating byproduct field....
An election return: of significance at least for me, on June 5 the Democratic primary results in new Jersey came out and I am one of two candidates for Bergen County freeholder (county legislature, like a board of supervisors while still serving as a fourth-term Mayor of Fair Lawn, N.J.... www.electganz.org
The American Council for the Blind filed suit May 2 in Washington federal court to require paper money to have braille symbolism... The suit proceeds under the Rehabilitation Act of 1973... www.lexis-nexis.com Florida has narrowed its state quarter designs to 26 concepts... Three to five of them will go the Mint in late June.... issuance of the coin has a 2004 date....
ANA's museum in Colorado Springs goes to summer session and a 7-day a week opening schedule, effective June 2.... The Museum could still use a road sign on Interstate 25, Just a few blocks away, to highlight the location....
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David L. Ganz
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