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Ron Drzewucki


Ron Drzewucki

Ron Drzewucki has been a professional numismatist since 1984 and a member of Professional Numismatists Guild (PNG) since 1995. He has for years been a dealer "known as having a superb eye for coins" and "has the experience and discriminating eye to make those important distinctions between grades", according to the Numismatic Guaranty Corporation's newsletter. Ron ran a successful company dealing in certified rare coins and modern coins before joining Numismatic Guaranty Corporation (NGC) in January of 2005.. Grading rare, silver, and gold vintage coins are Ron's specialty. Ron was with NGC for 7 years, and was a shareholder for 6 years before selling his shares in May, 2012.

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Archive for 'August 2015'

    2012 Australia Crux Southern Sky

    August 23, 2015 11:26 AM by Ron Drzewucki

    The Royal Australian Mint is pushing the boundaries in coin innovation and design – celebrating astronomy and engineering with its newest innovation ‒ a curved coin.

    Scarce, only 10,000 minted—and only a tiny fraction of those have been certified in this ultimate grade. The Professional Coin Grading Service has certified that this world coin grades PR70 DCAM, meaning that it is an absolutely perfect proof example with deep cameo contrast between frosty white devices and blazing mirrored fields. In addition, it has a stunningly beautiful dome shape. The “Crux Southern” constellation is perhaps better known as the “Southern Cross.” The Crux constellation spans the domed surface of the silver coin like a celestial sphere. The navigational markers bordering the design point out where the viewer would face when looking up at the sky to get the best view of the constellation. Form and function come together to virtually interact with collectors and astronomers alike.

    The Crux Southern constellation is present on the flag of Australia, as well as the flags of Brazil, New Zealand, Papua New Guinea and Samoa. For centuries this constellation has served as a navigational beacon for sailors and is one of the easiest to identify in the night sky.

    “An astronomical design was perfect for this coin and not only because of the dome shape, we also added color to truly capture the essence of the night sky and bring it to life,” said Mr. Ross MacDiarmid, Chief Executive Officer of the Royal Australian Mint.

    “The Royal Australian Mint has always been at the forefront of coin design and this latest coin release shows just how innovative and unique our products are,” said Mr. MacDiarmid, “We are always thinking of new ways to develop technologically, and this product was a real challenge in creating a visually appealing design on curved precious metal.”

    “This is the first release dedicated to constellations visible in the Australian sky, and in this new age of space exploration, we look forward to bringing you more astronomically themed products in the years to come,” he further explained.

    Silver Rounds and Bars

    August 23, 2015 11:24 AM by Ron Drzewucki

    Silver purity can be confusing. First let’s talk about the weight. If you use a postage scale and get the weight in ounces, these are avoirdupois ounces—and silver or gold is never specified in avoirdupois ounces … they are specified in troy ounces. What’s the difference? An avoirdupois ounce is 28.35  grams (usually abbreviated as gm.), but a troy ounce (usually abbreviated as oz.) is 31.10 gm. So if a coin or bar weighs 1 oz. on a postal scale it actually is only a little more than 9/10th of a troy oz. So always make sure that you are buying silver based on a troy oz.—because that is how the “spot price” of silver is specified.

    Speaking of the “spot price,” that is the current price quoted on the New York Mercantile Exchange (NYMEX) through its Commodity Exchange (COMEX). You can find the spot price of silver at the top of every page onhttp://www.moderncoinwholesale.com  as well as many other web sites dealing with precious metals.

    You can’t buy physical silver anywhere at the spot price, since it costs money to convert silver into coins, bars, etc. and the producer and seller must make a profit. But premiums are rather small when buying bullion coins, bars, etc. as compared to buying rare coins, jewelry, or just about anything else made from silver.

    One of the most fun ways of building a silver portfolio is by acquiring silver rounds or bars. Modern Coin Wholesale stocks a very large inventory of these—all MADE IN THE USA. Ronnie D. recently visited the manufacturer of these silver rounds and bars, where he personally took this dramatic picture in foundry’s “clean room”. When asked why he didn’t get closer, Ron indicated that it was way too hot (notice the how the worker is wearing special protective clothing). Every silver round and bar that Modern Coin.Wholesale sells has a 99.9% silver purity and weight guaranteed both by us and the manufacturer.

    Here are some ways you might consider collecting silver rounds and bars: coin look-alikes, animals, trains, sports, etc. And they make great gifts for holidays (Christmas, Easter, Mother’s and Father’s Day, etc.), special events (birth, anniversary, wedding, retirement), men and women serving or have served in the military, etc. You can see over 100 different designs by clicking here.

    Important Words About Silver Coins and Bullion

    August 23, 2015 11:23 AM by Ron Drzewucki

    Silver coins have been around for over 2,500 years—ever since coins were invented by the ancient Greeks. Silver was used in United States circulating coins from the time the first silver Half Disme (Half Dime) was minted in 1792—purportedly made from Martha Washington’s  silverware—through 1964. The purity of U.S. silver coins has improved over the years–.8924 fine (89.24% pure) from 1792-1837, .900 fine from 1837-1964 (and for commemoratives issued starting in 1982), and .999 fine for  American Eagle Silver Dollars issued for collectors and investors beginning in 1986.

    The purity of world silver coins varies dramatically—from .100 fine (Mexico Peso 1957-1969) to .9999 fine (Canada $5 Maple Leaf beginning in 1988 and $5 Wildlife Series issued from 2011–2013). The general standard for world silver commemorative and bullion coins is .999 fine, though there are some notable exceptions, like Great Britain’s 2 Pound Britannia coins, issued annually since 1998, which have a fineness of .958.

    But collectors and investors should not be terribly concerned about the fineness of silver coins—after all the difference in value for a 1 troy oz. coin with fineness of .999 vs. .9999 is less than 2 cents! The important thing is that you should pay a fair price that is based on the amount of silver in the coin plus any numismatic value. The person who paid over 1.4 million dollars for a 1792 Half Disme at a January auction really wasn’t concerned that his coin contained less than a dollar and a half worth of silver!

    The critical factor when buying silver coins or silver bullion, is that you should purchase only from legitimate dealers who are members and abide by the bylaws of the American Numismatic Association—who guarantee that their offering are absolutely authentic and as described. Beware of so-called bargains on online auctions, at flea markets, etc. like China's silver panda coins that are merely silver-plated counterfeits.

    When you deal with Modern Coin Wholesale, you get a triple guarantee of authenticity, since we are not only a life member of the American Numismatic Association, but one of only about 250 select members of the Professional Numismatists Guild (we abide by the PNG’s Collector’s Bill of Rights) and nearly all of our offerings are also graded and guaranteed authentic by one of the two leading coin certification services (Professional Coin Grading Service or Numismatic Guaranty Corporation).

    Great Wall of China Label

    August 23, 2015 11:21 AM by Ron Drzewucki

    The Great Wall of China ( 万里 城) dates back to the 7th century BC, plus later additions. The majority of the existing wall was built during the Ming Dynasty (1368–1644). It is said that the Great Wall is the only man-made object visible from space. And now, for the first time, the Great Wall of China appears on labels for selected coins of China certified by the Professional Coin Grading Service. The web site www.ModernCoinWholesale.com is one of the first places that offers collectors recently issued coins from China in sealed, certified PCGS holders that feature the Great Wall of China labels. The 2013 Year of the Snake ( ) pure silver coins available in Great Wall of China labeled holders include 1 oz. fan shape, 1 oz., and 1 oz. colorized--available in premium grades of PR69 DCAM and PR70  DCAM; as well as the popular 1 oz. pure gold Panda ( ) —graded MS69 and MS70. It is anticipated that additional commemorative coins issued by China will be available from www.ModernCoinWholesale.com in the near future.

    New Release

    August 23, 2015 11:19 AM by Ron Drzewucki
    Tiny Mintage of Gorgeous Coin Featuring America’s National Symbol Available on First-Come-First-Served Basis
    The 2013 Canada Silver Bald Eagle 1oz Proof Twenty Dollar Legal Tender coin is stunning! The superb design by Canadian artist Claudio D’Angelo features a powerful profile portrait of a bald eagle’s head, its gaze powerful below its snowy brow. Its white feathers are engraved in intricate dimensional detail, and sharply curved beak is open to highlight its pointed curve. The Bald Eagle is native to both Canada and the United States—where it is the national bird and national animal. The Bald Eagle appears on the United States Great Seal and on many of America’s coins. This should add greatly to the desirability of American coin collectors to include this new coin in their collections.
    One wonders why the United States Treasury can’t issue such an attractive coin!
    But only a minuscule 7,500 of these coins are being made. Obviously everyone who wants one will not be able to get it—and we expect our limited supply to disappear quickly. Don’t wait too long and miss out. 
    Each glittering gem proof 1 oz. .999 fine silver coin is encapsulated in a Royal Canadian Mint branded maroon clamshell case lined with flock. It is also protected by a custom beauty box featuring a full-color image of the coin’s reverse design, and comes with an official Certificate of Authenticity. We feel it is a bargain at our price of $99.95.

    10 Commandment Coins

    August 23, 2015 11:17 AM by Ron Drzewucki
    The Ten Commandments—in Pure Gold and Pure Silver—Starting at Under $30!
    Moses and the Ten Commandments has been painted by Rembrandt and acted by Charlton Heston. These biblical laws relating to ethics and worship, have played a fundamental role in Judaism, Christianity and Islam.
    We are very pleased to offer numismatic commemorations of the Ten Commandments—priced from under $30 for a pure silver bar to $1229.95 for a magnificent 10-piece set of gold commemoratives issued by Israel. 
    We save you money! The official issue price for the Israel Set of Ten Commandments is $1650—and their discount price for subscribers is $1517. Our price is almost 20% LESS THAN THEIR DISCOUNTED SUBSCRIBER PRICE! And you get the identical set: 10 commemoratives minted in Israel in proof quality, weighing 1.244 gm. the purest (.9999 fine gold). These commemoratives feature magnificent designs by one of Israel’s leading artists Ruben Nutels. Each commemorative comes in a protective capsule and the complete 10-piece set comes in handsomely packaged custom made wooden tablets, with an official certificate of authenticity. The mintage is limited to only 10,000 sets! The Ten Commandments gold collection is something very special that you and your family will treasure for a lifetime!
    Here is how each of these glittering pure gold commemoratives is inscribed—in both English and Hebrew:
    First Commandment
     "I am the Lord thy G-d, Who have brought 
      thee out of the land of Egypt, 
      out of the house of bondage."
    Second Commandment
    " Thou shalt have no other gods beside Me. 
      Thou shalt not make for thyself 
       a graven image."
    Third Commandment
    "Thou shalt not take the name of the 
      Lord thy G-d in vain." 
    Fourth Commandment
    " Remember the Sabbath Day, 
       to keep it holy."
    Fifth Commandment
    "Honor thy father and thy mother."  
    Sixth Commandment
    "Thou shalt not murder."
    Seventh Commandment
    "Thou shalt not commit adultery."
    Eighth Commandment
    "Thou shalt not steal."
    Ninth Commandment
    "Thou shalt not bear false witness 
      against thy neighbor."
    Tenth Commandment
    " Thou shalt not covet thy 
       neighbor's house, thou shalt not 
       covet thy neighbor's wife. "

    The .999 fine silver bars and gold-plated .999 fine silver bars we are pleased to offer are inscribed with all Ten Commandments in English—and are priced at low premiums above the melt value of the precious metal content. These make great keepsakes, as well as meaningful gifts for a birthday, graduation, confirmation, or coming of age ceremony (bar mitzvah or bat mitzvah).

    “Five and Ten” Still Means Good Value

    August 23, 2015 11:13 AM by Ron Drzewucki
    Not too long ago we had “Five and Ten Stores” in almost every city. This was a way that Americans got good value for their money. Today Five and Ten Ounce Silver bars (100 oz. too) offer collectors good value for their money. Investors often act like lemmings—everyone going along with the mob. And so when silver or gold is “hot”—reaching new highs—everyone rushes in to buy—and when the precious metals are “cold”—everyone sells or does nothing. This happens time after time. But why not do the smart thing—and go against the tide—and buy silver when it is low—like right now. Silver is now about half of the high reached just 3 years ago. What else that you buy is half the cost of 3 years ago—just about nothing. Was it smart to buy silver 3 years ago—no! Is it smarter to buy silver now—yes! Buying silver in 5, 10 and 100 oz. bars will cost you less than buying silver dollars, silver rounds, etc. So please look at Modern Coin Wholesale’s low prices and decide for yourself (and don’t let the mob decide for you) whether now is a good time to invest in silver—at our low premiums.

    The Numismatic Early Bird Can Catch More than Worms!

    August 23, 2015 11:10 AM by Ron Drzewucki
    Unless your last name is Buffett or Zuckerberg, you don’t have an unlimited amount to spend on coins—and so you will have to specialize. There are many ways to do this—and your decision will be made on personal preference. I started by putting together a complete collection of Indian Head Cents and Lincoln Cents. This was so long ago, that I paid only $12.50 for an uncirculated 1909-S VDB cent (ahh—those were the days!). Today, putting together complete date (and mint) collections of just about any series is prohibitively expensive. But you can still assemble modern sets (like American Eagle Silver Dollars) without breaking the bank. Another possible specialization is Early Releases® or First Releases®.offered by Numismatic Guaranty Corporation (NGC) or First Strikes offered by the Professional Coin Grading Service (PCGS). These labels guarantee that the coin was received by the respective grading services within the first 30 days of issue. If you ever collected stamps, this is similar to a First Day Cover. You can see Modern Coin Wholesale’s large inventory of First Releases® and Early Releases® United States and World coins by typing in “First Releases” or “Early Releases” in the “Search for” box near the top of any page of www.moderncoinwholesale.com. Similarly, you can Search for “First Strikes.”

    Is your Lunar-Zodiac sign the Snake?

    August 23, 2015 11:01 AM by Ron Drzewucki
    Were you, a family member or a friend born under the sign of the snake (2013, 2001, 1989, 1977, 1965, 1953, 1941, etc.)?  The snake is a popular sign of the Lunar Zodiac, and people born under that sign—including Abraham Lincoln, Mahatma Gandhi, Martin Luther King, Jacqueline Onassis, and Picasso—are dynamic, charismatic, worldly, and perceptive.
    According to legend, Buddha held a race to cross a great river, and the order of the twelve animals in the Lunar Zodiac cycle was based upon their order in finishing the race. In this story, the Snake compensated for not being the best swimmer by hitching a hidden ride on the horse's hoof, and when the horse was just about to cross the finish line, the snake jumped out, scaring the horse, and thus edging it out for sixth place.
    Whether you, a family member, loved one, or friend was born in the Year of the Snake, the beautiful low mintage coins issued by China would make a unique gift or addition to a numismatic/precious metal investment portfolio. Many dealers only have these coins raw, but we have exquisite examples certified by the Professional Coin Grading Service (PCGS) in premium proof grades at very competitive prices.

    2012 American Eagle San Francisco Two-Coin Silver Proof Set History

    August 22, 2015 8:37 AM by Ron Drzewucki

    Take a moment and learn a little bit more about Modern Coin Wholesale’s Special of the Week: 2012 American Eagle San Francisco Two-Coin Silver Proof Set.

    This beautiful set was made to celebrate the 75th Anniversary of the San Francisco Mint. After the gold rush in 1849 Americans needed a way to convert all of the raw material into something transportable, and so the US government built the San Francisco mint to meet this demand. In 1854, the San Francisco Mint opened its doors. The United States Mint at San Francisco still plays an important role in our nation’s coinage. Although it does not currently produce circulating coins, it is the exclusive manufacturer of regular proof and silver proof coin sets that set the standard for numismatic excellence with their brilliant artistry, fine craftsmanship and enduring quality. The 2012 American Eagle San Francisco Two-Coin Silver Proof Set is an exquisite collection that commemorates the essence and beauty of these cherished coins.

    These coins were only available in limited quantities. If you go to the USmint.gov website they are all sold out. The United States Mint has a tradition of offering special limited-edition coin sets to coin collectors. The American Eagle Silver and Gold Programs, launched in 1986, are among the United States Mint’s most popular. This set- one American Eagle Silver Proof Coin and one American Eagle Silver Reverse Proof Coin minted at the United States Mint at San Francisco- is a testament to the fine, exacting craftsmanship that has been a United States Mint hallmark since 1792.

    What is included with the set? One American Eagle Silver Proof Coin and one American Eagle Silver Reverse Proof Coin minted at the United States Mint at San Francisco plus all original government packaging and certificate of authenticity. A special feature of this elegant two-coin set is the coin featuring a “reverse proof” finish. Reversing the mirror-like background finish of a traditional proof coin and applying it to the design elements of the coin achieves a magnificent contrast. Modern Coin Wholesale has the lowest price available on the web right now for this 100% authentic mint product, and Shipping and Handling is Free! All coins are guaranteed by our CEO Ron Drzewucki who was an NGC expert coin Grader and Finalizer, so we have only the highest quality coins. Your satisfaction is guaranteed!

    New Canadian Bald Eagle Coin Only Two Hundred Struck Worldwide

    August 21, 2015 5:52 AM by Ron Drzewucki
    Have you ever wanted to own an extremely rare coin? The  2013 Canadian Bald Eagle Platinum PF70 UC NGC  is 1 of only 200 struck worldwide and only 100 were released in the United States! How much more rare can you get?

    The striking reverse image features two bald eagles perched on the rocky shore of their natural environment; a broad, fast-moving Canadian river. The bald eagle is Canada’s largest bird of prey, which was recently brought back from the brink of extinction. Centered in the foreground, the eagles sit side-by-side. The one closest to the viewer is presented in three-quarter profile, its characteristic snowy head, sharp curved beak, dark, majestic wing and body feathers, and long talons rendered in exquisite dimensional detail. The eagle stares authoritatively into the eyes of viewer. On the left side of the image, behind and to the side of the central eagle, sits a second eagle, facing away from the viewer. Its sleek head and open beak are presented in profile, its broad neck and back finely rendered. At the very foreground in the lower portion of the image, we see the detritus of the vast and fast-moving river: a fallen tree, large boulders. In the background, a sandy point reaches into the heart of the waterway. The distant shore is lined with conifers, rising in the far background toward a skyline of towering mountain peaks. This detailed and stunning relief was made by artist Claudio D’Angelo. The reverse is engraved with the word “CANADA,” the date “2013,” and the face value of “300 DOLLARS.” The obverse features the effigy of Her Majesty Queen Elizabeth II by Susanna Blunt.

    This 300-dollar coin is certified to be 99.95% pure platinum with a weight of 31.16 grams and a diameter of 30 millimeters and comes with equally as fine Original Government Packaging. A lux maroon clam shell case lined with flock and protected by a black sleeve is designed to protect the coin. It is accompanied by a serialized certificate of authenticity from the Royal Canadian Mint. Additionally this coin comes certified by the Numismatic Guaranty Corporation and is encased in an NGC protective holder.

    Proof vs. Mint State Coins

    August 20, 2015 8:43 AM by Ron Drzewucki

    A lot of new coin collectors simply want to know the difference, and they ask “What exactly is the difference between U.S. Mint and Proof coins?”, or what does “Brilliant Uncirculated and Deep Cameo/Ultra Cameo mean”?

    These are great questions and if you are asking them it probably means that you are on your way to becoming a great coin collector! Hopefully this article can help you to learn the key difference between these two types of coins.

    Proof coins are easily distinguishable by looking at the background of the coin, because it looks like a mirror. It is finely polished and should have no blemishes. The raised part of the coin is matte which gives the coin an eye catching contrast.  When Proof coins are struck they are made with specially polished dies that give the resulting coin a mirror-like finish. The Professional Coin Grading Service (PCGS) has termed this finish “Deep Cameo” or DCAM, and that is designated on the label when it is certified. The Numismatic Guaranty Corporation (NGC) has called this finish “Ultra Cameo” or UC.

    The U.S. Mint has an engraved stamp used for impressing a design upon a blank piece of metal to make a coin, otherwise known as a die. The dies are sandblasted or polished with diamond powder, struck at a slower speed, and struck twice.  Typically, proof coins are held to a higher standard because they are individually inspected and handled more carefully. Back before coin collecting became popular proofs were intended as samples. Proof coins were produced with such clarity that any imperfections with the press/strike became easily apparent. The mint-master could then check the proof coin as a way to make sure the coin was ready to mint. As a result, historically, only a small number of proof coins were originally produced. Now the U.S. Mint produces these fine specimens for collectors every year, and their quality is near perfect.

    Now onto the Mint coins. Sometimes the term “Uncirculated” can become a little murky and mired in doubt, so for the sake of keeping everyone’s sanity we call them MintState coins. Even the United States Mint has provided three different definitions for this numismatic word – so don’t feel put out if you are confused by it! A mint state (brilliant uncirculated) coin has a matte, frosty finish. Its lustery finish is made the same way as circulating coins but with enhancements like slightly higher coining force, early strikes from dies, and special cleaning after stamping. According to the U. S. Mint “Uncirculated coins may vary to some degree because of blemishes, toning, or slight imperfections.” Therefore if you get a coin that is slightly imperfect this is totally normal. Sometimes the hunt for the perfect coin is the fun part! Or if you want the easy way you can visit our website where we only sell high grade Mint State certified coins hand picked by an expert coin grader and former NGC Finalizer, Ron Drzewucki.

    The Modern Coin Community

    August 19, 2015 1:03 PM by Ron Drzewucki

    Years ago, collectors mostly bought coins from local dealers, where they could stop in, see various coins, and chat. That had its advantages—seeing exactly what you are purchasing and learning about the coins from the dealer who often became a friend. The big disadvantage was that there was a limit on the coins available compared to those in stock—and there was little chance of comparing prices.

    Well, those days are gone forever. Now, via the Internet, you can buy coins from dealers—large and small—throughout the world. And you can easily compare prices. But what has been lost to a large degree is the friendship between collectors and dealers: The chats where you were able to learn. The times that the dealer searched for the coin you were missing from a collection. The special deals.

    We can’t turn back the clock, but we want to establish special relationships with you and our other customers. Feel free to browse through the hundreds of offerings on our web site and hopefully from time to time you will find coins that interest you and/or coins that you need to complete a collection—at a good price. But if you don’t, please email Modern Coin Wholesale at sales@moderncoinwholesale.com or call us at(855) 907-COIN (2646) and we will try to help.

    And if you are a serious collector (or want to become a serious collector) of rare United States coins, we can definitely help. Our sister company, Ron Drzewucki Rare Coins handles rare United States coins valued from $500 to $500,000 and even more. Ron was a principle as well as a grader for Numismatic Guaranty Corporation for 7 years, and has been called “A Grader’s Grader.” If you want to deal with Ron personally, call(941) 907-8484 or email him at ron@rondrzewucki.com (and if you can’t figure out how to pronounce his last name, just call him “Ronnie D”).

    We wish you fun and future profits with all of your coins—and hope you will think of us in the future for all of your collecting wants.

    The Staff of Modern Coin Wholesale

    P.S. Please visit www.moderncoinwholesale.com and join the MCW Email Registry—and you could win one of the free Silver Eagle coins that we give away every month.

    Where the Buffalo Roam

    August 18, 2015 7:13 AM by Ron Drzewucki
    The “Buffalo” Nickel designed by James Fraser was issued by the United States from 1913 through 1938. The buffalo was modeled after “Black Diamond” in the Bronx Zoo, and the Indian was based on several Native America Chiefs. These iconic designs are considered among the finest to ever appear on United States coins. Fraser’s Buffalo and Indian Chief reappeared in 2008 on pure gold American bullion coins—and now they are available on  pure silver bullion bars  made in the U.S.A. from silver mined in the U.S.A. These are a great way to accumulate precious silver bullion at only a slight premium over “melt.”

    Silver Chinese Panda Coin

    August 17, 2015 12:21 PM by Ron Drzewucki
    This is the 1992 issue in the very popular Panda Silver Coin series that was launched in 1983. A total of only 100,000 proof like brilliant uncirculated legal tender 10 Yuan coins were issued by two mints in 1992–Large Date (as is this example) from the Shanghai mint and Small Date from the Shenyang mint.Precious metal content of 1 troy oz. of pure (.999 fine) silver.
    MS69 represents virtual perfection, as certified by the Professional Coin Grading Service.
    Coin depicts a Giant Panda clinging to a tree branch. Reverse features the Hall of Prayer for Abundant Harvests in the Temple of Heaven, a masterpiece of early 15th century architecture and landscape design.

    2013 Mexico Silver Libertad Coins Offer Precious Silver at Low Premiums

    August 15, 2015 8:33 AM by Ron Drzewucki
    The Mexico City Mint was established in 1535 by a decree from the Spanish Crown to create the first mint in the Americas. The mint’s silver eight-real coins (“Pieces of Eight”) circulated widely in the Americas and Asia well into the 19th century and became the basis of the modern national currencies of many countries in these parts of the world, including the United States Silver Dollar. This long tradition of issuing world-standard silver coins was reestablished in 1982 with the introduction of the “Libertad” legal tender silver coins, each containing 1 troy oz. of 99.9% pure silver.  The new 2013 bullion coins in this popular series continue the beautiful, historic designs inaugurated in 1996.

    The obverse design features the Angel of Independence–modeled after the famous golden statue built to commemorate the centennial of the beginning of Mexico’s War of Independence. The reverse of the Libertad silver coin features the Mexican coat-of-arms–an eagle with a snake in its mouth, standing on a cactus. According to legend, Mexico City was established on the spot that an eagle, perched on a prickly pear cactus, was seen devouring a snake.

    With silver down about 20% in the last 6 months and about 40% from the high level reached less than two years ago, it might be the right time to buy. Dr. Jeff Lewis, Editor of Silver Coin Investor writes “When the prevailing silver market manipulation by the relative few shorts is eventually overcome by the common sense of the much larger horde of private investors, the market for silver will revert back to the fundamental principles that have been driving the price of silver higher for years.”

    Modern Coin Wholesale offers the 2013 Mexico Libertad at a very low premium over current melt—and these Libertads offer collectors and investors an easy way to accumulate precious silver at well below very recent price levels.

    A memorable gift for any occasion-for the price of an inexpensive meal

    August 5, 2015 7:30 AM by Ron Drzewucki
    A United States Proof Set is the perfect gift for a new-born, birthday, graduation, etc. It’s patriotic (featuring U.S. Presidents), and usually surprisingly inexpensive. For an important event this year, you can give a 2013-S 14-Coin Clad Proof Set, that’s literally a history book in metal—containing a Lincoln Cent, Jefferson Nickel, Roosevelt Dime, Sacajawea Dollar, 5 America the Beautiful Quarters, and 4 Presidential Dollars. All 14 glittering proof coins come in the original government holders—all for under $37. Or say it is someone’s 25th birthday. You can give him or her a 1988-S 5-Coin Proof Set in the original government holder—priced at under $14! Anyone will be delighted with such a gift—treasuring it forever and thinking of you whenever they look at the set.

    Like Father Like Son

    August 4, 2015 7:10 AM by Ron Drzewucki
    Most coin collectors would like to get their children or grandchildren interested in their hobby. But the competition for youngsters’ attention today is fierce; coins vs. ipads, iphones, etc. is usually a losing battle. However, here and there one can find victories of numismatics over electronics.
    One example is coin dealer Ron Drzewucki, owner of www.moderncoinwholesale.com, who caught the numismatic bug from his father, a longtime member of the ANA. and has passed it along to his son Ronnie.
    Ron started collecting the coins that have launched many hobbies and careers—United States Mint and Proof Sets. Ronald  Drzewucki Sr. eventually made his living for 30 years by buying and selling at coin shows around the country—eventually taking his teenage son Ron with him. One day in Iowa, Ron bought a coin and sold it the same day for a profit. He can’t remember what that coin was—but that was the day that Ron decided he wanted to buy and sell coins for a living. Ron soon became an expert grader and by the age of 15 was a professional numismatist.
    Ron has always liked helping people, and he briefly considered entering the priesthood; today he helps people who want to start coin collecting or to add important rarities to their collections.
    Before joining the Numismatic Guaranty Corporation, Ron conducted a successful business dealing in certified and modern coins.  For 6 years at NGC, Ron was a shareholder and he worked 7 years as a grading finalizer. A finalizer is the grading expert who makes the final decision on a coin grade.
    NGC and the other independent grading services were originally founded to grade older rare coins, but Ron was actually one of the first dealers to submit modern coins to NGC, and was the first dealer to get an NGC PF70 grade for a Statehood Quarter. Ron dealt with a lot of modern issues before going to work for NGC, and therefore it is no surprise that the business he opened following his stint with NGC is named Modern Coin Wholesale.
    Ron is especially pleased about his son Ronnie’s participation in the new company, saying “I didn’t push my son into numismatics, and didn’t push him into the business aspect, but he found it on his own starting at 12 when he assembled a collection of Eisenhower Dollars.  Now, when school is in session, Ronnie works about 20 hours a week, and during the summer he works full time. He take photos, lists items on ebay, ship packages, runs errands; he also helps with the pricing of products, accounting, advertisements, and takes orders over the phone. During the summer, Ronnie attends coin shows with his dad. He enjoys the fast pace at the tables and auctions. The younger Drzewucki says that he loves dealing with coins—and he still likes the Ikes.
    Ron hopes that his son will ultimately take over the business, and if not then at least take a role in how the company is run, but this proud dad feels that “even if he chooses another career path this is a priceless learning experience for him.”

    A New Dress for Ms.Liberty

    August 3, 2015 7:31 AM by Ron Drzewucki
    To commemorate the 75th anniversary of the West Point Mint, Ms Liberty has been given a new dress! In 2013, the West Point Mint produced special two coin (each bearing the “W” mintmark) Silver Eagle sets, each including the first ever “Enhanced Finish” Silver Eagle and one “Reverse” Proof Silver Eagle. On the obverse, the enhanced finish Silver Eagle features the stripes on Lady Liberty's dress, the red and blue parts of the American Flag, and the mountains in front of the sun with a brilliant mirrored finish, while the rest of the obverse devices have the heavy frosted finish. On the reverse--oak branch, arrows, and ribbon all have a brilliant mirrored finish, while the remaining devices have a heavily frosted finish. The fields (background) on both sides feature a new lightly frosted finish. Both coins are exquisite quality. While millions of the regular proof Silver Eagles will be produced in 2013, only 281,000 of the special Enhanced Finish and Reverse Proof 2013 Silver Eagles have been made, meaning they are each about 10 times rarer than the regular proofs.

    Modern Coin Wholesale offers collectors the scarce and beautiful 75th anniversary of the West Point Mint Enhanced Finish/Reverse Proof Sets in numerous versions, ranging from original government packaging to perfect “70” quality as certified by Numismatic Guaranty Corporation (NGC) or Professional Coin Grading Service (PCGS). Click here to see an amazing selection of this instant numismatic classic. 

    Learn from Experience

    August 2, 2015 8:25 AM by Ron Drzewucki
    Modern United States commemorative coins are made to meet the demand—so low demand means low mintages. That’s what happened in 1997 when the Jackie Robinson $5 gold coins were offered. The Mint sold only 24,072 in Proof quality and a measly 5,174 in Mint State (Brilliant Uncirculated). And so, today, the Jackie Robinson $5 Gold coin sells for up to $5,000 in Proof, and only up to $1,500 in Mint State. Why? It’s a no-brainer that low mintages are more desirable than high mintages. And this brings up another myth—that Proof coins are inherently more valuable than Mint State coins.

    This brings us to the point of this blog. They say that history repeats, and so it is not surprising that another low mintage Mint State commemorative gold coin is still being overlooked. The 2011-W First Spouse Eliza Johnson $10 Half Ounce Gold Coin had minuscule mintages in both Proof and Mint State—3,907 and 2,905 respectively. And yet the rarer Mint State coins are currently priced slightly under the Proofs! It’s probably a good idea to add a Mint State example, or both of these tiny mintages to your collection or investment portfolio. And keep your eyes open for other underpriced coins, whether they are Proofs or Mint State.

    Don’t Miss the Boat on Collecting Mexican Silver Dollars by Date

    August 1, 2015 8:41 AM by Ron Drzewucki
    The dollar symbol ($) may have been derived from the scroll on the pillar, on the reverse of the "pillar dollar" variety of pieces of eight, like the one pictured made at the Mexico City Mint in 1746. Americans were very familiar with such coins, which were accepted as legal tender in the United States until 1837.

    Mexico issued 8 Reales (“Pieces of Eight”) silver dollar size coins through1897, and then silver Pesos through 1905—but did not again produce “Silver Dollars” until they issues 1 oz. pure silver “Libertads” in 1982. They have issued these large, beautiful silver coins every year since—and Libertads have become one of the world’s most popular silver bullion coins. 
    When bullion buyers acquire Libertad coins they don’t care what date they are—they only care that each coin contains exactly 1 troy oz. of pure silver as guaranteed by Casa de Moneda de México, the oldest mint in the Americas—established by the Spanish in 1535.

    But some sophisticated collectors are attempting to assemble complete collections, including every year. They are finding this difficult because virtually no dealers offer Libertads by date! But Modern Coin Wholesale does! Here’s a chance to get in on the ground floor of a new collecting area that can explode as did the annual silver Panda issues—whereby bullion coins achieve numismatic premiums.

    There are already stars in the Libertad series, like the 1998 issue, that sells for over $200, or the 2006 Libertad that’s bringing over $100. It’s just the beginning for this series—so don’t miss the proverbial “boat.” View all the Libertads by clicking here.