Just when you thought it was safe to go into the water - Chris Cipoletti now new president of a divi

dorancoins · April 19, 2008 10:13PM

Wondering through the CoinLink website when I saw an article announcing that Rare Coin Wholesalers (RCW) has hired controversial ex-ANA Executive Director Chris Cipoletti as President of Rare Coin Consultants of America, a new division of RCW. I bet that there are some here are thinking what I'm thinking - "Ah @#$%, there goes the neighborhood!" I think that Steve Contursi has totally lost his mind for hiring Cipoletti. Doesn't he recall all of the controversy surrounding Cipoletti's management of the ANA? There's a Forest Gump saying that brings this event to mind - "Stupid is as stupid does!"

The link to the article is below. What do you think? Is the hiring of Cipoletti a good move or a really stupid one? I know that there are some pro-Cipoletti forum members who will come to his defense (the same people who supported the Bill Horton regime in the last ANA board (one of the worse in ANA history)).

CoinLink articles "Rare Coin Wholesalers Announces New Division, Names Chris Cipoletti President"

RYK · April 19, 2008 10:54PM

Is the hiring of Cipoletti a good move or a really stupid one?

Frankly, it's a move that has no impact whatsoever on what I do. Perhaps, it's a good fit for both parties--I will honestly never know.

kieferscoins · April 19, 2008 10:56PM

wow, interesting news. thanks for the link.

Cameron Kiefer

TwoSides2aCoin · April 19, 2008 11:01PM

Awww come on Michael....
He loves coins. That much can be said. We grinded the axe enough on Chris, don't you think ?

How about identifying the COIN DOCTORS that the major playing elitists do not want to point out for fear of a lawsuit

bidask · April 19, 2008 11:03PM

I do not know about Chris C. running their new division but their mission is focused toward new positioning of rare coins as investments away from dealers and into high net worth hands. Not a hobby focus.

CaptHenway · April 19, 2008 11:23PM

<< Awww come on Michael....
He loves coins. That much can be said. We grinded the axe enough on Chris, don't you think ?

How about identifying the COIN DOCTORS that the major playing elitists do not want to point out for fear of a lawsuit

>>

"grinded?"

Bossman88 · April 20, 2008 12:00AM

Can you please explain to me how the hiring of Chris Cipoletti by RCW
is going to have any effect on the average hobby collector?

With respect and regards, Larry

Shortgapbob · April 20, 2008 12:08AM

My hunch is that it is a move to attempt to bring high end rare coins to high powered buyers who currently have little to no interest in rare coins. Rare coins will be marketed as items of great holding power, like rare art and antiquities. Although he doesn't have a numismatic background other than at the ANA, my feeling is that he has the potential to do well overseeing this operation. My reaction from working with him at the ANA last summer was that he probably communicates very well with the high powered retail buyers that they will be targeting. Like I said, many of these individuals will probably be new customers who currently have no interest in rare coins.

It will be interesting to see how this pans out.

CaptHenway · April 20, 2008 12:10AM

Hey, it's no pickle off my happy meal. Shouldn't affect me.

DorkGirl · April 20, 2008 12:22AM

<< Hey, it's no pickle off my happy meal. Shouldn't affect me. >>

Where do you get this stuff.....

CaptHenway · April 20, 2008 12:29AM

Like any good politician, I make it up as I go along............

dbldie55 · April 20, 2008 12:36AM

Some of us here are saying "Who gives a $#@&." This has no bearing on me and my enjoyment of the hobby.

Bear · April 20, 2008 12:44AM

I do not do business with the company

so it will have no effect on me or the hobby.

It might impact the company, but that is their

problem.

coindeuce · April 20, 2008 12:45AM

The Napoleon complex will bare itself soon enough, and then...

TwoSides2aCoin · April 20, 2008 1:15AM

<< Like any good politician, I make it up as I go along............

>>

LOL.... that's where I got grinded, Tom.

CaptHenway · April 20, 2008 1:20AM

<< 

<< Like any good politician, I make it up as I go along............

>>

LOL.... that's where I got grinded, Tom. >>

jfoot13 · April 20, 2008 1:43AM

<< Hey, it's no pickle off my happy meal. Shouldn't affect me. >>

I'm more of a " Hold the pickles, Hold the lettuce" kinda guy

oreville · April 20, 2008 1:46AM

Does this mean Chris is moving to the West Coast?

500Bay · April 20, 2008 1:48AM

Rare Coin Wholesalers pledged $1 million last year to the ANA when Cipoletti was there. I guess a relationship was built...

RichieURich · April 20, 2008 1:58AM

Well, that is a surprise. It will be interesting to see how this works out for both Mr. Cipoletti and Rare Coin Wholesalers.

I still don't understand what the "Wholesalers" part of the name means.

MidLifeCrisis · April 20, 2008 2:17AM

<< I do not do business with the company

so it will have no effect on me or the hobby.

It might impact the company, but that is their

problem. >>

I'm with Bear on this...

CaptHenway · April 20, 2008 2:46AM

<< Rare Coin Wholesalers pledged $1 million last year to the ANA when Cipoletti was there. I guess a relationship was built... >>

I had forgotten about that.

tradedollarnut · April 20, 2008 2:48AM

I wonder if I'll start getting unwanted marketing material since I'm on the ANA mailing list?

roadrunner · April 20, 2008 4:03AM

When will my first cold call be from Mr. C?

I think CC at RCW is a great fit. They sort of deserve each other.

roadrunner

Shortgapbob · April 20, 2008 6:39AM

<< I still don't understand what the "Wholesalers" part of the name means. >>

You are not kidding. I don't get that either.

Elcontador · April 20, 2008 6:48AM

Bob, I think the big 'players' in numismatics have been tryiing to get the well to do crowd that has so much money that they are bored by it to 'invest' in coins for at least the last five years. Witness the expensive registry sets of classic coins that have been put together in an 18 to 24 month time period in the last few years.

I also think some of these people have been responsible for bidding up the most of the top tier coins during this time period as well.

BigE · April 20, 2008 6:56AM

In Oregon the state made it illegal to have the word "wholesale" in your dealership name if you are an auto dealer, and for the ones who have "wholesale" grandfathered into their name customers must sign a statement that they are not necessarily buying for wholesale even if they are, other states have similar laws and it seems to be a coming trend to other sales areas as well--------------------BigE

FatMan · April 20, 2008 7:12AM

<< I think CC at RCW is a great fit. They sort of deserve each other. >>

My thoughts exactly.

BECOKA · April 20, 2008 7:15AM

Depends, can he do the job he was hired for? Was the controversial work he did before the same stuff he will do now?

Mark · April 20, 2008 7:17AM

I hope the ANA was not counting on another fat donation from RCW.

(Though with the departure of Mr. Cipoletti and the cancelation of the ANA's bi-coastal expansion plans, the ANA and RCW canceled RCW's promised $1 million donation.)

coindeuce · April 20, 2008 1:37PM

Anyone know where Pete Cabral went?

airedale · April 20, 2008 2:37PM

Live and let live?

WTCG · April 20, 2008 6:31PM

<< Wondering through the CoinLink website when I saw an article announcing that Rare Coin Wholesalers (RCW) has hired controversial ex-ANA Executive Director Chris Cipoletti as President of Rare Coin Consultants of America, a new division of RCW. I bet that there are some here are thinking what I'm thinking - "Ah @#$%, there goes the neighborhood!" I think that Steve Contursi has totally lost his mind for hiring Cipoletti. Doesn't he recall all of the controversy surrounding Cipoletti's management of the ANA? There's a Forest Gump saying that brings this event to mind - "Stupid is as stupid does!"

The link to the article is below. What do you think? Is the hiring of Cipoletti a good move or a really stupid one? I know that there are some pro-Cipoletti forum members who will come to his defense (the same people who supported the Bill Horton regime in the last ANA board (one of the worse in ANA history)).

CoinLink articles "Rare Coin Wholesalers Announces New Division, Names Chris Cipoletti President"

>>

The OP believes that Steve Contursi has "totally lost his mind for hiring Cipoletti". Think what you may of RCW, Chris Cipoletti and his administration, but perhaps his union with RCW may result in success in the long term.

Based on his previous threads, the OP has a habit of negatively judging people and companies that he has never had a working relationship with or otherwise know only merely by name. With that in mind, I seriously doubt if he has ever been aquainted with or conducted business with Steve Contursi. Without knowing Mr. Contursi, the OP has no merit nor right in judging the personnel decisions that RCW makes.

Just when you thought it was safe to go into the water - Chris Cipoletti now new president of a divi

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