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My thoughts on the NYC Newman Sale (Heritage Auctions)

November 17, 2013 @ 4:32 PM

This past weekend we had more coins from the collection of Eric P. Newman which promised to offer both top rarities and lots of "more" affordable pieces.   You can read a little bit about the collection below but the interesting takeaway and the focus of my post is that many of these coins traded at really high prices (much more than what they were really worth) only because people bought the pedigree!    

Im sure if the buyers "HOLD" these coins for 5+ years they will be ahead of the game...but anyone looking for a quick flip will surely be disappointed....   We always attend major auctions and if you want eyes and ears at these events, feel free to drop me a email.....

Here is ...

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