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Category: Dealer News

Spectrum Currency Expands

Don Severance(Irvine, California) – The Spectrum Currency division of Spectrum Numismatics International of Irvine, California is expanding its operations. Two additional bank note specialists are being added to the team, including veteran currency dealer, Don Severance of Pembroke, New Hampshire, beginning December 1.

“Don Severance has been actively involved with currency for 15 years and is past co-owner of R&D Rarities, one of the outstanding retail and wholesale currency dealerships. He has always emphasized that collectors – and dealers – become as knowledgeable as possible about paper money and pricing,” said Greg Roberts, President and CEO of Spectrum Numismatics International.

“Don prides himself on accurate grading and historical knowledge about each piece he handles. His enthusiasm for the hobby is unmatched.”

Severance is a contributor to the Oakes & Schwartz Small Size Paper Money Guide. (more…)

Goldsmith starts new firm

Stephen L GoldsmithStephen L. Goldsmith has formed a new numismatic company called American Paper Money & Coin, LLC. He served as auction director and later executive vice president at Smythe from 1985 through his resignation in August 2007.

“My wide range of responsibilities at Smythe prevented me from working with clients on a close and personal level, and that’s exactly what I do best,” Goldsmith said. “I feel strongly that American Paper Money & Coin, LLC, can focus in on fewer clients, and I will be able to provide them with the highest possible level of service.” Read Full Story

DGSE Companies, Inc. Announces Creation of Superior Precious Metals, Inc.

DALLAS, Oct 08, 2007 (BUSINESS WIRE) — DGSE Companies, Inc. (DGSE:

DGSE today announced the formation of Superior Precious Metals, Inc. Superior Precious Metals, Inc (“SPM”) will provide a centralized marketing and trading center for DGSE and Superior Galleries, Inc. retail precious metals activity.

“With gold recently achieving a 28 year high, we have taken steps to substantially increase our existing robust precious metals segment. In recent years, we have invested heavily in the infrastructure necessary to support a substantial expansion of our precious metals activity. Our USBullionExhange, Inc. trading desk and USBullionExchange.com internet site, when fully integrated with SPM, will allow us to actively facilitate account management, enhance retail trading activities and expand rare coin distribution. We are extremely fortunate to have hired a seasoned executive with over 20 years in the precious metals business to lead this group as Managing Director. Thomas DiMaria joined our organization on October 5th, 2007 in Dallas, Texas,” noted William H. Oyster, President and Chief Operating Officer of DGSE Companies, Inc. (more…)

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