The E-Sylum: Volume 7, Number 50, December 12, 2004, Article 10 FORBES ARTICLE ON DEALER JIM HALPERIN Forbes magazine published an article about one of our E-Sylum readers, Jim Halperin: "While a Harvard freshman in 1971, Halperin formed New England Rare Coin Galleries. In a decade he turned it into one of the nation's biggest rare coin galleries. Halperin had the gift of a photographic memory for coins, which meant that at a glance he could determine the quality of a coin, as well as its scarcity and value in relation to other examples. His How to Grade U.S. Coins (Ivy Press, 1986) is a classic. His discerning eye has helped him come out on the winning side of most deals- and gotten him into hot water. He sold his dealership in 1982 to an associate, Dana Willis, and decamped to warmer and richer Dallas, where he joined forces with friend and major competitor R. Steve Ivy to found Heritage Rare Coins. But the New England firm went bankrupt in 1987 after the FTC charged Willis with fraud for misrepresenting coins he had sold at outrageous prices." "From $15 million a decade ago, Heritage is on track to sell $300 million worth of coins, comics, sports cards and other collectibles this year, pocketing an estimated $60 million in commissions and netting some $5 million" To read the full article, see:
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