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David Hall Featured on CNBC Rare Coins Report

An informative video news report about the rare coin market has been posted by CNBC on its web site. PCGS Co-Founder David Hall is prominently featured in the story.

null“The market’s very active and very strong, though prices are down a little. The exception, of course, being the gold coins,” Hall told CNBC during the video taping at the September Long Beach Coin, Stamp & Collectibles Expo.

“There’s no question that there’s a huge financial component to this marketplace.”

The report mentions the PCGS3000TM Index that collectors, investors and dealers use to track the historical price trends of the rare coin marketplace and 3,000 specific U.S. coins.

The four-minute news segment prominently features well-known early American coppers collector Walter J. Husak of California whose astounding collection of large cents – nearly every one of them certified by PCGS – shattered records in a $10 million auction conducted by Heritage Auctions in Long Beach in February 2008. Husak explains that he re-purchased some of his previous coins, as well as made new acquisitions for his collection, at the recent auction of the Dan Holmes and Ted Naftzger collections conducted by Ira & Larry Goldberg Coins & Collectibles. Those coins also were certified by PCGS and many set record prices.

PCGS and the Long Beach Expo are divisions of Collectors Universe, Inc. (NASDAQ: CLCT).