COIN BOARD NEWS NUMBER 30 PUBLISHED

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V17 2014 INDEX E-SYLUM ARCHIVE

The E-Sylum: Volume 17, Number 12, March 23, 2014, Article 16

For six years David Lange has been publishing Coin Board News, an electronic newsletter for collectors of antique coin boards. Dave's book was a landmark for the field, and it kickstarted a vibrant market. The market has become such a success that Dave is suspending the publication of his accompanying price list. Here's the announcement he published March 13, 2014. -Editor

Attached are the latest issues of Coin Board News #30 and Coin Boards for Sale #130.

This is a very special announcement, as I'm suspending the mailing of additional price lists until further notice.

My publishing and promotion of coin boards has made the hobby so successful that the supply of new material has all but dried up. In many instances values have quadrupled, and all of the material is now in strong hands. In recognition of the difficulty in procuring new material, the attached list features my entire remaining inventory of coin boards. It's a whopping 10 pages and features entries from five of the seven coin board publishers.

I expect to continue publishing my quarterly newsletter, but I'm simply unable to procure enough coin boards to produce quarterly price lists.

Dave provided further information on the market in the newsletter; here's an excerpt. Visit Dave's web site to sign up for the newsletter or purchase a copy of his outstanding book. -Editor

TAKING A BREATHER I’ve been putting out this newsletter and my price lists of coin boards for more than six years now. They’ve both had a good run, but now it’s time to retire my price lists for the foreseeable future. I’m doing this for the simple reason that the market has matured to the point where there’s almost nothing new entering the pipeline. I’ve been unable to make any large purchases of nice boards for a couple of years now, and the handful of desirable pieces coming my way have been scooped up by want-list customers before I could add them to the next price list. I will continue to maintain want lists, but the present price list is the last for now.

On the positive side price advances for the better material have been remarkable since the 2007 publication of my book. For example, A Whitman First Edition board for Buffalo Nickels grading VF-NM that I sold right afterward for $33 is now valued at $100 in VF. That same board, if I could find one today, would move quickly at four times its 2008 price. By updating my value guide annually, I’ve created very knowledgeable collectors who now outbid me whenever choice pieces come up that I’d like to add to my inventory of boards for sale.

If the availability of coin boards increases over the next year or two I may resume sending out price lists, perhaps as an annual edition coinciding with each year’s update to the Check List & Value Guide. By the way, I plan to continue issuing that guide to anyone on my mailing list, and I expect that my newsletter will continue as a quarterly.

Wayne Homren, Editor