Wayte Raymond was a dealer and publisher who was born in South Norwalk, Connecticut on November 9, 1886. He and his wife Olga were married in 1917. The couple remained childless. Raymond was employed as a bank teller from 1901 to 1912, working for the City National Bank of South Norwalk. He was a member of the Sons of the Revolution and also a mason. Raymond joined the ANA at age 16 and later joined with Elmer Sears to form the United States Coin Company, conducting 43 auctions sales from 1912 to 1918.

He later joined with James G. Macallister as numismatic catalogers for J.C. Morgenthau and Company, holding over 50 sales. From 1908 to 1950 he held 69 auctions sales under his own name and served the Scott Stamp and Coin Company from 1934 to 1946, handling important clients such as Col. Green. From 1946 until his death on September 23, 1956, he operated New Netherlands Coin Company. Raymond produced his own line of coin albums and also wrote or compiled several monographs, books, and other references. He published Coin and Medal Bulletin from 1924 to 1933, Coin Collector’s Journal from 1934 to 1954, and Coin Topics from 1936 to 1940.