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Superior Galleries to Auction the Finest Collection of Silver Roosevelt Dimes in January, 2009

DALLAS--(BUSINESS WIRE)--DGSE Companies, Inc. (AMEXimageGC), which wholesales, retails and auctions fine watches, jewelry, diamonds, precious metal and rare coin products via traditional and Internet channels, announces Superior Galleries’ offering of “The Just Having Fun Collection” of Roosevelt dimes for their January 2009 Elite Rare Coin Auction immediately preceding the Florida United Numismatists (FUN) convention. This is believed to be the finest collection of silver Roosevelt dimes ever assembled, and will include the 48 coins currently in the #1 PCGS silver Roosevelt dime Registry set of “Justhavingfun” (“JHF”) as well as more than 60 additional PCGS and NGC superlative silver Roosevelt dimes also part of the JHF collection.
The JHF collection of silver Roosevelt dimes which will be auctioned off in January has a rich history behind them. When the PCGS Set Registry was in its infancy stage in 1999 (literally consisting of a paperback book prepared once a year with nothing online), Mitchell Spivack registered the #1 set of silver Roosevelt dimes. That same year, Steven Heller registered the #3 set of dimes. The dimes that were part of Spivack’s #1 finest registry set of 1999 were collected by him throughout the 1980s and 1990s. In 2000, Spivack’s silver Roosevelt dime collection was consolidated with Heller’s set and he agreed to continue to assist Heller with improving the collection from there. After a few years of improving the set even further, the entire collection was then sold to the current owner of the JHF collection, who has been registering the set as the #1 collection at PCGS for the past four years. In addition,, during the past 10 years, another avid Roosevelt dime collector, Nick Cascio, assembled a top quality set of silver Roosevelt dimes, which was eventually purchased and also became part of the JHF collection. The JHF collection represents what is now the finest collection of silver Roosies ever – a collection which spans 3 decades of pursuing the most beautifully toned and fully struck silver examples available.
Paul Song, Senior Vice President of Auctions is working closely with Mitchell Spivack JHF’s agent regarding this landmark sale. Spivack had this to say on behalf of himself and the JHF collection:
“We are delighted to have Superior handling this auction consignment for us. Many coins in this collection range from nicely toned to some of the most amazingly toned silver Roosevelt dimes (or frankly any 20th century silver toned coins) out there. Superior’s outstanding photographic techniques have the ability to capture and reproduce the colors of these great coins. They have agreed to prepare a special separate full color auction catalog to showcase this great collection. It should be a great event and the special catalog Superior is preparing will contain relevant pedigree information for future generations of Roosevelt dime collectors to enjoy.”

Selected highlights of this important collection will be on display at Superior’s upcoming Santa Clara Sale, November 13, 2008, and at the Baltimore Convention November 20-22, 2008. The date of Superior’s Orlando Elite Coin Auction is January 4, 2009. For further information, contact Paul Song, Senior Vice President of Auctions, info@sgbh.com , or call 800-545-1001.

DGSE Companies, Inc. wholesales retails and auctions jewelry, diamonds, fine watches, and precious metal bullion and rare coins products to domestic and international customers through its Dallas Gold and Silver Exchange, Charleston Gold and Diamond Exchange, Superior Galleries and National Jewelry Exchange subsidiaries and well as through the Internet. DGSE also owns Fairchild International, Inc., one of the largest vintage watch wholesalers in the country. Wholesale customers can access our full vintage watch inventory through the restricted site at www.FairchildWatches.com. In addition to its retail facilities in Dallas and Euless, Texas, Charleston, South Carolina and Beverly Hills, California, the Company operates live Internet auctions which can be accessed at www.dgse.com and through Superior Galleries' website at www.sgbh.com. Real-time price quotations and real-time order execution in precious metals are provided at www.USBullionExchange.com and through Superior precious Metals. DGSE also purchases precious metals, rare coins, watches, diamonds and jewelry through www.Americangoldandsilverexchange.com and over 900 supporting websites and through Superior Estate Buyers. The Company also makes collateralized consumer loans at two National Pawn locations in Dallas, Texas.
The Company is headquartered in Dallas, Texas and its common stock trades on The American Stock Exchange under the symbol “DGC”.
This press release includes statements which may constitute "forward-looking" statements, usually containing the words "will", "believe", "estimate", "project", "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of DGSE’s products and services in the marketplace, competitive factors, the risks associated with business combinations, industry factors (including competition, fluctuations in interest rates and bullion values), dependence upon third-party vendors, and other risks detailed in the DGSE’s periodic reports filed with the Securities and Exchange Commission. The actual results or performance by DGSE could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of DGSE. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

Contact:
DGSE Companies, Inc., Dallas
William H. Oyster, 972-484-3662
Paul Inho Song
Director, Coin and Banknote Auctions
Bonhams & Butterfields Auctioneers and Appraisers since 1793
7601 Sunset Boulevard
Los Angeles CA 90046
(323) 436 5455
(310) 633 4170 work mobile
paul.song@bonhams.com
www.bonhams.com/uscoins

Comments

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    BECOKABECOKA Posts: 16,957 ✭✭✭
    That's a nice set for sale but I question the use of Superior. Seems there are other venues that have a larger audience that could bring in more funds.
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    StoogeStooge Posts: 4,647 ✭✭✭✭✭
    I will be Florida that week to see these. I hope to meet everyone out there.

    This catalog will be really interesting to see.

    Paul.

    Later, Paul.
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    QBertQBert Posts: 311 ✭✭✭
    Will there be any online bidding available?
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    Yes, you can bid online for any of our online auctions at www.sgbh.com when the sale uploads to the website, so figure between 1st and 2nd week of December 2008. Paul Song
    Paul Inho Song
    Director, Coin and Banknote Auctions
    Bonhams & Butterfields Auctioneers and Appraisers since 1793
    7601 Sunset Boulevard
    Los Angeles CA 90046
    (323) 436 5455
    (310) 633 4170 work mobile
    paul.song@bonhams.com
    www.bonhams.com/uscoins
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    Paul,

    When will the full picture catalog be made available for those of us that can
    not make the viewing?

    BILL
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    wondercoinwondercoin Posts: 16,693 ✭✭✭✭✭
    Becoka - It is my understanding that Superior's photography skills are among the best in the coin industry. It was very important to JHF to prepare the nicest catalog for his beloved Roosies possible. That was his top priority and that has been accomplished. Of course, he would also like to see great prices realized. I know Superior will work hard at trying to accomplish that as well.

    I do want to mention one other thing. I have worked with nearly every auction house (Stacks, Goldbergs, Heritage, Bowers, Superior, Heritage) - and I can tell you that they have ALL been a pleasure to work with. A few years ago, when the Goldbergs were selling off the Benson coins, they had literally tens of thousands of fresh rolled coins - especially wheat cents I desired to closely inspect. They give me access to the coins for a 2 day period including a private office, access to their staff, etc - I will never forget that (and I bought a lot of rolls of coins). Stacks was also great when I recently worked with them on buying for JHF the 1916 quarter casting - couldn't be easier and better. Ditto for Heritage and Bowers, which I have consigned a great many coins to and have bought nearly as many from. And, I have consigned a few other times in the past to Superior as well - each time easier than the last. But, through it all - it often boils down to who goes the EXTRA MILE for you (isn't that often the test when collectors chose a dealer they pick to work with?) - who really demonstrates that they want your business and is willing to work for it. And, Paul Song at Superior is one of those guys who goes that extra mile for you - I can assure you of that. He earned this consignment from JHF. This is a "people's" business - and Paul is one of those "good guys" you want handling your coins.

    When I was at FUN a few years ago, I had a packed day and night of lot viewing/ bidding one of the days. My son Justin was about 12 years old at the time. He had endured a day that started around 8:00 a.m. and consisted of lot viewing for hour upon hour upon hour. Then, on to auctions that were scheduled to last through 10:00 p.m. or later. Around 6:00 p.m. that day, as I was preparing for an endless evening of auction attendance, Justin was dragging - 14 hours of coins is simply too much for a 12 year old generally, but you got to get them trained early-right? We ran into Paul Song who had just finished his business at the show. He volunteered to take Justin to dinner at the restaurant in the hotel where the auction was taking place and entertain him there until I returned from the auction about 4 hours later. And, that he did. When I got there Justin was laughing up a storm - perhaps the effects of one too many Root beers that night. Paul went the "extra mile" for us that night and Justin never has forgotten his fun evening with Paul (and was fresh to go back to the show the next day for another 12+ hours as well). Justin will be 17 years old in January and is trying to figure out a way to be absent from school for a few days during this FUN show as well, but, you know what needs to be done in 11th grade to try to get into a good college in the fall. He may have to simply retain his memories of FUN as a youth for now.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
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    RegistryCoinRegistryCoin Posts: 5,111 ✭✭✭✭
    I am looking forward to seeing the catalog. Watching the JHF dime collection and Justin grow, both in stunning fashion, have been two of the highlights of my time in the hobby.
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    orevilleoreville Posts: 11,786 ✭✭✭✭✭
    Time to put wondercoin out to pasture and just let Justin take over. image
    A Collectors Universe poster since 1997!
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    wondercoinwondercoin Posts: 16,693 ✭✭✭✭✭
    I just received Superior's catalog in the mail and let me be the first to compliment Superior on the fine job they did capturing the true essence of the colorful coins. Most importantly, the toning was NOT overstated as you see from time to time out there. In my view, the pictures captured the true colors of the coins nearly as accurately as any catalog I have ever seen! Arguably, the colors on a few of the coins are even better in person - and I would much rather have that than the opposite scenario.

    Great job Paul!

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
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    RegistryCoinRegistryCoin Posts: 5,111 ✭✭✭✭

    Con’t...

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