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All Posts Tagged With: "Steve Contursi"

Rare Coin Wholesalers Names Laurel Kamper Marketing Director

Laurel Kamper has been appointed Marketing Director of Rare Coin Wholesalers (RCW) of Irvine, California.

“Laurel has excellent experience in successful advertising and marketing in a half dozen business fields as well as trade shows. She’ll be a tremendous help in our efforts to keep our company in the forefront of the numismatic community, and to expand the awareness and enjoyment of rare coins with new audiences outside the usual hobby universe,” said Steven L. Contursi, RCW President.

Contursi generated international headlines in May when he sold his unique 1794 specimen Flowing Hair silver dollar for a record $7.85 million.

A native of New Jersey, Kamper is a Magna Cum Laude graduate of the University of Alabama with a major in advertising and a minor in English.

“I’m very excited to be working with the RCW team. We’ll be looking at fresh advertising and marketing strategies to educate new customers about the benefits of rare coins because they can be a great asset to an individual or investor. Keep an eye on RCW for upcoming announcements and a ‘new look’ in our print materials and web site,” said Kamper.

For additional information, contact Rare Coin Wholesalers, 8015 Irvine Center Dr., Suite 440, Irvine, California 92618. Phone: (800) 347-3250 or visit online at www.rcw1.com.

Video: Interviews with Martin Logies and Steve Contursi on the Sale of the 1794 Silver Dollar

The Neil/Carter/Contursi specimen 1794 Flowing Hair silver dollar was sold in May for $7,850,000, setting a new record as the world’s most valuable rare coin. Graded PCGS Specimen-66, it is the finest known 1794 dollar and believed by several prominent experts to be the first silver dollar ever struck by the United States Mint.

It was sold by Steven L. Contursi, President of Rare Coin Wholesalers of Irvine, California, to the nonprofit Cardinal Collection Educational Foundation (CCEF) in Sunnyvale, California. Collector and numismatic researcher Martin Logies represented the foundation of which he is a director and its numismatic curator. The private sale was brokered by Greg Roberts, President and Chief Executive Officer of Spectrum Group International of Irvine, California.

From 2004 to 2009, the coin was a featured exhibit at the American Numismatic Association’s Edward C. Rochette Money Museum in Colorado Springs, Colorado, and was displayed at a half dozen ANA World’s Fair of Money and National Money Show conventions around the country.

The 1984 Stack’s auction lot description in the Carter Collection sale stated, “It is perfectly conceivable that this coin was the very first 1794 Silver Dollar struck!” Over the decades, various numismatic researchers have stated a similar belief including Walter Breen, Jack Collins, John Dannreuther, David Hall and Logies who is author of the book, The Flowing Hair Silver Dollars of 1794.

David Lisot of CoinTelevision.com interviewed both the buyer, Martin Logies, Curator Cardinal Collection Educational Foundation and the seller, Steve Contursi, President of Rare Coin Wholesalers at the Long Beach Expo earlier this month.

CoinLink is pleased to be able to provide both of these interviews:

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Buyer of the 1794 Dollar for $7.85 Million: Martin Logies, Curator – Cardinal Collection Educational Foundation [9:18]

CCEF maintains several web sites to provide information about early American coins, including www.EarlyUSCoins.org and www.EarlyDollars.org that features an interactive “treasure hunters” guide for easily attributing early U.S. silver dollars by die variety. Another web site is planned, www.CCEFlibrary.org, that will be devoted to providing the public with access to the foundation’s extensive numismatic library.

“Of all the rarities I have seen or heard of, there is no doubt in my mind that this is the single most important of all, the very first silver dollar. This is the coin that has it all,” said Logies. (more…)

The World’s Most Valuable Coin: Cardinal Foundation buys First 1794 Silver Dollar for $7.85 Million

The Neil/Carter/Contursi specimen 1794 Flowing Hair silver dollar has been sold for $7,850,000, setting a new record as the world’s most valuable rare coin. Graded PCGS Specimen-66, it is the finest known 1794 dollar and believed by several prominent experts to be the first silver dollar ever struck by the United States Mint.

It was sold by Steven L. Contursi, President of Rare Coin Wholesalers of Irvine, California, to the nonprofit Cardinal Collection Educational Foundation (CCEF) in Sunnyvale, California. Collector and numismatic researcher Martin Logies represented the foundation of which he is a director and its numismatic curator. The private sale was brokered by Greg Roberts, President and Chief Executive Officer of Spectrum Group International of Irvine, California.

“This is a national treasure, and I’ve proudly been its custodian since 2003,” said Contursi. “I never wanted to simply hide it in a vault because this coin is to our economy and international trade what the Declaration of Independence was to our country’s freedom: a significant piece of history and a national treasure.”

Contursi used his investment to publicly display the coin in a dozen cities around the country and at the American Numismatic Association’s headquarters museum. He had a custom-made, four foot tall wooden exhibit case constructed so it could easily be viewed, and he estimates that tens of thousands of people saw the coin in person the past six years.

“CCEF will seek to be a worthy successor custodian for such an important U.S. historical treasure,” said Logies. “I think it only fitting that the new world’s record coin price be accorded to the world’s finest 1794 dollar.”

Of all the rarities I have seen or heard of, there is no doubt in my mind that this is the single most important of all, the very first silver dollar.

Roberts, who brokered the sale, stated: “The Spectrum Group of companies were honored to be involved in the historic transaction that culminated in the transfer of this piece of American art into deserving hands.”

Previous owners included Col. E.H.R. Green, W.W. Neil and Amon Carter Senior and Junior. The 1984 Stack’s auction lot description in the Carter Collection sale stated, “It is perfectly conceivable that this coin was the very first 1794 Silver Dollar struck!” (more…)

Rare Coin Wholesalers Now in Irvine, California

Rare Coin Wholesalers (www.rcw1.com) has moved to new offices at 8105 Irvine Center Drive, Suite 440, in Irvine, California. The new phone number is (949) 679-1222, and the toll-free number remains the same, (800) 347-3250.Steve_contursi_rcw

“We’re now located in the beautiful, flagship building across from the Irvine Spectrum Center near Interstate Highways 5 and 405. It’s only ten minutes from the John Wayne Orange County Airport, making it convenient for collectors and dealers to arrange for visits,” said RCW President Steven L. Contursi.

Coins are not kept on the premises.

Over the decades, Contursi and RCW team members have bought and sold a combined total of over a billion dollars in rare coins, and owned or participated in the purchase or sale of the most of the rarities listed in the book, “100 Greatest U.S. Coins.”

In recent years, the company has made national headlines with the purchase and exhibitions of what many believe is the first silver dollar struck by the United States Mint in 1794, the unique 1787 Brasher Doubloon with “EB” punch mark on the eagle’s breast and the famous King of Siam proof set.

Previously, Rare Coin Wholesalers was located in Dana Point, California, about 17 miles farther south in Orange County from its new offices.