Over 315 DGS-graded Coins Available for Bidding

Virginia Beach, VA – The numismatic staff of DLRC Auctions is excited to announce the current sale of the Block Island Collection – an assembly of 432 certified coins and paper money items from a life-long collector. 317 of the coins were submitted to Dominion Grading Service (DGS) prior to their sale in this auction as part of the new campaign by DLRC and DGS to give customers the full service experience when the time comes to sell their collections.

According to Win Callender, DLRC Vice President, who handled this consignment, “the Block Island Coin and Currency Collection hails from a long-time client who began collecting as a child and represents an assemblage 60 years in the making. As a young boy, he saw a 1901-S quarter in a strong XF grade and wondered why the retail price, $40, was so much higher than the others. That experience helped launch a lifetime of interest in numismatics. There are many wonderful collector coins in this collection that seldom come to market. For example, two 1901-S quarters, great runs of Liberty Seated halves and Barbers and loads of key dates. He also amassed a wonderful collection of currency, all graded by CGA or PMG, ranging from large size type, to nationals, to small size silver certificates. There are over 90 fresh notes and are all reserved at great prices.”

As of this press release, over 310 lots have met their modest reserve in this sale. According to DLRC President, John Feigenbaum, “the bidding on this sale has been tremendous and encouraging. The consignor was extremely fair with his reserves and many of the lots of multiple bids over the reserve amount. And there are still many bargains. Collectors are really attracted to the new DGS holders which go to great lengths to accurately describe the typical problems seen on collector coins, like light cleaning. Collectors can fill some very difficult holes without spending a fortune in a sale like this.”

He added, “we are proud to offer The Block Island Collection as this is the first major collection we’ve offered that is graded almost entirely by DGS. By blending the classic grading of DGS with DLRC’s on-line auctions we know we have helped our client maximize the potential of the culmination of his life-long hobby.”

Bidding Closes on Thursday Evening

The Block Island Collection is currently will be available for viewing and bidding at www.davidlawrence.com. Lots for this special sale will close on Thursday, October 2 between 8 and 11:00 PM EST.

Personal Internet Auction Program

The Block Island Collection is being offered through DLRC Auction’s Personal Internet Auction program, in which we create an exclusive auction for a client’s collection. For questions about the program and consigning or for upcoming auctions, please contact Win Callender or Jason Smith at 800-776-0560 x101 and x103, or email coingroup@davidlawrence.com.

Hi resolution images of any available on request from Kim Ludwig: kim@davidlawrence.com