William T. Gibbs

Bill’s Corner

William T. Gibbs

William was appointed the managing editor effective May 1, 2015. He joined the Coin World editorial staff in 1976 as an assistant editor for "Collectors' Clearinghouse" and later became a senior staff writer before being appointed news editor. As managing editor, he manages the day-to-day editorial operations for Coin World, both print and online, and leads the editorial staff. He also serves as chief copy editor for all Coin World publications, including for all books published by Coin World since 1985. He has been project editor of mulitple editions of the Coin World Almanac. Bill began collecting coins at the age of 10 and soon discovered Coin World. As a teen interested in numismatics and journalism, he identified a writing position on the staff of Coin World as a dream job, which was realized shortly after he graduated from Bowling Green State University with a major in journalism. He collects store cards and medals depicting Adm. George Dewey of Spanish-American War fame.

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Mega-collection auction catalog offers more than just rare coins

The first auction of the D. Brent Pogue Collection is now history and collectors are beginning to review the results for the 128 silver and gold coins sold May 19.

The auction brought more than $25 million — that’s an average of about $195,000 per coin.

Of course, not all of the coins sold for six-figure prices. Some of the coins sold for well under $10,000, and one for less than $5,000. Still, for many collectors, even these prices exceeded their annual collecting budgets.

Should a collector on a limited budget feel marginalized when so much attention is focused on mega-collections like that assembled by Brent Pogue with mega-coins bringing mega-prices? Absolutely not.

The auction catalog created by Stack’s Bowers Galleries and Sotheby’s for the auction is a well-researched, well-written work of numismatic literature, and it is available free as a download at http://goo.gl/wzMVDV

Every collector should seek out the Pogue catalog and make it part of their library. It will offer many hours of reading pleasure.

You will discover, for example, the cataloger explores the concept of a “Specimen coin” in writing about the second coin offered in the auction, a gorgeous 1794 Flowing Hair half dime. In just 100 words or so, the catalog deftly reviews what collectors and dealers have long known — that a few 18th century coins show signs of being struck with special care, or in the words of the cataloger, “that particular forethought must have been involved in their creation.” The catalog is filled with insights like this on virtually every page.

Yes, most of us can’t afford a six-figure coin, but we can all enjoy reading about them and learning something new and exciting. 
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