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Big News from CoinRaritiesOnline (CRO)
MidLifeCrisis
Posts: 10,550 ✭✭✭✭✭
The latest CRO Coin Commentary
I think this is a great move for them!
I've known John and Dave for several years. I have always considered them among the best in the business. I have no doubt they will continue to be successful in their new roles.
I think this is a great move for them!
I've known John and Dave for several years. I have always considered them among the best in the business. I have no doubt they will continue to be successful in their new roles.
0
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<< <i>I think this is a great move for them!
I've known John and Dave for several years. I have always considered them among the best in the business. I have no doubt they will continue to be successful in their new roles. >>
This split doesn't sound anything like Ike & Tina
I'll miss seeing the dynamic CRO duo together at the same table at shows... Now looking forward to DW's big announcement!
Best of luck to both of you.
njcc
Spock
The best of luck to both of them in their separate ventures.
Mike
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
Best wishes to both!
Guess this news deserves a double ...
Beſt wiſhes to you both.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Letting me hold and examine one of the Machins Mills issues at CoinFest is still one of my highlights in the hobby...
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
JH
Proof Buffalo Registry Set
Capped Bust Quarters Registry Set
Proof Walking Liberty Halves Registry Set
Commems and Early Type
I would prefer a bitter nasty divorce where you each sell the other's stuff for pennies on the dollar!!!!
In honor of the memory of Cpl. Michael E. Thompson
I don't know what the percentages are but many "partnerships" do not work out so well, those that do can be really impressive.
Their site is great, dealing with them has been superb.
As changes go, I am glad it is amicable and they are having fun with it. Selfishly, I am glad the site/company will remain and one of them will still be at the helm.
I wish them both the best as they move forward!
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Without getting into the specifics of this particular deal, it would be enlightening to learn how one "values" a rare coin firm. Clearly the brand and the website have some value, but how would that value compare to the inventory (including the hats, of course).
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
Hearty congratulations! I feel saddened, but all will work out well in the end.
Tom
Best of luck to both of you, your new locale
is quite near my family in Weston.
Will stop by at the Phila ANA to discuss consignments.
~~~~~~~~~~~~
Coin collecting is not a hobby, it's an obsession !
New Barber Purchases
8 Reales Madness Collection
Sunshine Rare Coins
sunshinecoins.com/store/c1/Featured_Products.html
Sounds like a great job to me, looks good on the CV too.
Amat Colligendo Focum
Top 10 • FOR SALE
Now, about the hats - can you change the style to make the partnership hats more collectible??
Dave Wnuck Joins HLRC as Senior Numismatist
We are pleased to announce that Dave Wnuck has joined HLRC as Senior Numismatist. He is a long-time fixture on the coin show circuit, a PNG member, and - until yesterday -- was the co-owner of Coin Rarities Online. Here is a Q & A session we had with Dave discussing this news:
Tell our readers about your background, Dave.
I started collecting coins in the 1970's when I was 12 years old. Throughout high school and engineering school I never lost my love of the hobby. After college I entered what I now affectionately call, "the real world". Even then, I would spend my nights, weekends and much of my vacation time traveling to coin shows and attending auctions.
How did you get into the coin business full time?
Well, after several years of weekends and vacation trips, my (extreeeemely understanding) wife said, "Why don't you just quit your job and do this full time?" I decided to risk it all and make my hobby into my business.
How did that go for you?
Truthfully - business was slow at first. But thanks to the support of my many friends already in the coin business - not the least of which was Harry - I was able to build a business specializing in colonials and high end type coins. Along with my eventual business partner in the venture, John Agre, we built Coin Rarities Online (CRO) into one of the biggest and most successful specialty dealers in the country. I'm quite proud of what we accomplished.
So is your Old Firm Still Going to be Around?
Very much so! I simply sold my half of that business to John. He will maintain what we built and continue to expand it's offerings. Knowing him like I do, he's chomping at the bit to put his own unique stamp on that enterprise.
The best part is - HLRC and CRO will be working closely together to serve customers, and I'll still be talking with him on a regular basis. The whole deal with John was done on a handshake, and we remain the best of friends. That's as it should be.
How did your joining HLRC come about?
As I mentioned, I've known Harry for a very long time. He was instrumental in my development as a rare coin professional.
I watched him grow his business and I learned everything I could from him. In particular, I admire his willingness to step out and pay really strong money for coins. This means that he is able to continually buy many beautiful and very rare coins.
It is a simple strategy, but one that few coin dealers emulate even today. While most dealers dither and try to find ways to buy good coins "on the cheap", Harry takes the opposite approach.
And boy, does his approach ever work. I watched as his business grew bigger, through both bad economic times and good. So much so that he developed a need for a second numismatist to share the load and to continue to build his business.
That HLRC has grown the way it has is a real tribute to the staff at HLRC. These folks were hand picked by Harry and are the best in the coin business. They work very hard, and yet they perform their duties a smile and with grace.
But it was clear that Harry could use a hand on the numismatic side of things. True to form, Harry approached me with one of his trademark great offers, right from the get-go. What he proposed to me was quite simply - a numismatic dream job
What do you mean by "Numismatic Dream Job"?
Simply this:
I would get to help customers build great collections.
I would be able to buy whatever cool coins and collections come our way and those that I can "dig up", thanks to the virtually unlimited HLRC checkbook.
I would still get to travel to all the shows and auctions around the country.
What I would leave behind is the day-to-day back office work of helping run a coin business.
To put in terms even we coin dealers can understand, Harry offered me the chance to skip the Brussels sprouts and go right for the dessert. I'd have to be crazy to turn down this opportunity. And I don't consider myself to be crazy.
My response? "Heck, yeah! How soon can I start?"
So - when DO you start?
Today! July 30, 2012 to be precise. But the fun really begins next week at the ANA show in Philadelphia. I've seen first-hand that HLRC has boxes of fresh coins, and is in desperate need to buy more.
I am so grateful to Harry for giving me this opportunity. I realize how fortunate I am to make a living at something most folks do as a hobby. It is a profession I have dreamt about since I was that 12 year old boy buying my first large cent for $5.
How can folks get in touch with you?
You can contact me through the mail, the HLRC 800 number (800-869-1869) or via my email address:
Dave@HLRC.com
(BTW, I'm surely in the minority here, but I generally prefer Brussels sprouts to dessert...
And if anyone ever wants to PM about anything, anytime, please note that this will be my forum name going forward.
Coin Rarities Online
Check out some of my 1794 Large Cents on www.coingallery.org
<< <i>Just to thoroughly confuse the situation, I thought I'd post here using the new (old) forum handle I acquired from Dave as part of our deal to say thanks to all for the kind words - I will try very hard to live up to them!
And if anyone ever wants to PM about anything, anytime, please note that this will be my forum name going forward. >>
Oh great so now you get to read all my private messages to DW...
Like the one about you really being short and that it's great that he'll still be right across the isle at shows to help you hang the CRO banner
Congrats to all!!
<< <i>Dave moving to Virginia?
Congrats to all!! >>
That would be quite a change.
I've known Dave since before CRO and John quite awhile, too. Best of luck to all. Harry is an accomplished dealer and I know their collaboration will be fruitful. I hope to see everyone in Long Beach in September.
<< <i>Oh great so now you get to read all my private messages to DW...
Like the one about you really being short and that it's great that he'll still be right across the isle at shows to help you hang the CRO banner
Um, no. I asked DW to delete all of his old PM's, especially the ones that were mean to me.
Coin Rarities Online
And I just registered Aki's new handle "ColonialCoinsUnion". Should be active shortly...
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
<< <i>Just to thoroughly confuse the situation, I thought I'd post here using the new (old) forum handle I acquired from Dave as part of our deal
And I just registered Aki's new handle "ColonialCoinsUnion". Should be active shortly...
Good one!
Um, no. I asked DW to delete all of his old PM's, especially the ones that were mean to me.
Yes, but did he delete my old PMs that were mean to you?
Coins are a hobby that is supposed to be fun, after all, and these guys have always understood that.
"Look up, old boy, and see what you get." -William Bonney.
<< <i>Both guys have always treated me as if I was a special customer when, in fact, I have only had a few transactions with them. They sure knew how to run a great business together and i'm sure that each will continue to do well.
Coins are a hobby that is supposed to be fun, after all, and these guys have always understood that.
Well said, Breakdown.
Tom
<< <i>Just to thoroughly confuse the situation, I thought I'd post here using the new (old) forum handle I acquired from Dave as part of our deal
And I just registered Aki's new handle "ColonialCoinsUnion". Should be active shortly...
This sounds like payback for my short-lived use of the handle MrEureka in the NGC forum several years ago as a tribute to Archimedes.
Coin Rarities Online
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......