January 3, 2022
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2020 In Review

Well, like most anyone I'm glad to be moving on to 2021. I've never experienced any year like it in my 66 trips around the sun with the overall challenge being the worldwide Covid 19 virus. We have lost a couple of friends, or family members of good friends to the virus and its not over. So saddened by the losses and our thoughts and prayers to the families dealing with it are expressed time and time again.

As to how this has impacted the coin market?

All over the place!

We started out the year in a solid fashion on track at the prior year's pace. Winter FUN 2019 was a solid show, followed by a local Santa Rosa show that was very good for us, then Long Beach and the Spring ANA in Atlanta. That was it, by the end of February little did we know that would be our last show of 2020. As news started being reported about the virus out of Wuhan, China, we noticed bullion activity begin picking up, particularly in silver so in early March we began adding and increasing our silver bullion along with some gold bullion. This worked out excellent in the next few months, although we were more lucky then planing this. One of the first confirmed deaths from the virus in early March also happened to be an area coin dealer who we were friends with. That brought the reality home quickly to us and within 10 days, on March 18, we closed the shop as Sacramento County issued stay at home recommendations/requirements, exactly two days after bay area counties had done so.

March 18, 2020
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Silver Prices: Good Explanation With What's Going On


As we deal with disruptions to every day life in the Covid19 virus challenge we have seen volatility in all financial markets including the metals. Silver in particular has experienced wild swings and a decoupling between the paper futures market and the physical market. Essentially what has happened is the major wholesale suppliers had a run on product starting about 2 weeks ago and are pretty much out as of today. Our replacement cost spread to the spot price has increased dramatically. The following is an excellent, cognitive and accurate explanation from one of our respected wholesale partners, who focuses on gold mainly but is very knowledgeable on the metal markets. We wanted to share this, and will be blogging more on this topic.

From David M Greenstein Senior Numismatist at Aurum Trading, a market maker in US pre-33 gold coins.

Public service announcement.There is a lot of misinformation going about in regards to the pricing of silver so I figure I would put certain things to rest.

There are two markets for silver, the paper market and the physical market. The paper market being the ETFs and Contracts of silver where no actual metal changes hand. The physical market is that for physical silver. Historically, those markets work hand in hand with only 1 time in the last 20 years did they decouple.

The last time I can remember was in 2008 and 2009. Decoupling is a sign that the physical market does not trust in the paper market and the price for physical silver is much higher than the paper price. There are complicated reasons for this but basically it is a result of a significant imbalance when supply far outshoots demand.

Physical demand is limited by the existence of actual metal while paper can trade in any quantity. The consequence of this is there is little to no supply. This lack of supply is not a result of people not being willing to sell at lower prices. It is because there is no supply to replenish stock.

September 24, 2019
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ANA Summer Seminar 2020



Summer Seminar is a once-a-year opportunity for numismatic learning and camaraderie that offers students a varied selection of week-long courses designed for discovery or continued study. For over 50 years, Summer Seminar has featured classes to suit virtually every collector's hobby needs.  Most importantly, everyone attending Summer Seminar shares a common trait: a passion for numismatics. 


We can't wait for Summer Seminar 2020! The ANA is working diligently to coordinate with instructors, volunteers, staff and vendors to make sure next year's seminar is one to remember. 
July 15, 2015
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Holsonbake Named 2015 Outstanding Adult Advisor of the Year


Glenn Holsonbake received the Lawrence J. Gentile Sr. Memorial Award for Outstanding Adult Advisor during the American Numismatic Association’s Summer Seminar Session 2 graduation banquet on July 1, 2015. This award is presented annually to an individual who has recruited and mentored Young Numismatists and aided in the development of intermediate to advanced young collectors.


Holsonbake has collected coins since age 9 when he biked back and forth to the bank as often as he could to search through rolls of cents, nickels and dimes. He is a mentor whose passion for numismatics is unwavering; he remains diligent in teaching and sharing his devotion with many young numismatists across the country. Currently Holsonbake is a grading and Barber series instructor for the ANA.

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