Saturday 23 June 2012

Coiney Heritage in Old Disputes

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A reader has sent me a link to an old Forbes' Magazine text about Heritage Auctions ('2005 Collectors Guide: Top Drawer' by Christopher Helman, 12.27.04) which might be thought to place the recent 'dinosaur auction' in some context:
Jim Halperin is the leading rare coin dealer in America [...] Halperin, 52, is also probably the most controversial professional numismatist of all time. He has had brushes with postal inspectors, the Federal Trade Commission and coin dealers who have sued him for, among other things, sticking them with inflated prices. But then this is a profession that attracts controversy. With an estimated 130,000 U.S. collectors trading $5 billion worth of coins a year, the opportunity for mischief is considerable. 
The text however is mostly about that perennial US coin collectors' obsession - one-upmanship in grading. Worth a read though.
 Hat-tip to anonymous reader-guy over-there, thanks

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