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<p>[QUOTE=&quot;GDJMSP, post: 645248, member: 112&quot;]These are brief excerpts from my response to them.</p><p><br /></p><p>•&nbsp; &nbsp; What is the approximate size of the Global (or US) rare coin market (in terms of both value and volume), and what share is accounted for by the wholesale market</p><p><br /></p><p><i>In all, I do not know that anyone could place even a mildly accurate number on the total as most of the sales are kept as private as possible. But the number would certainly have to be in excess of $20 billion annually.</i></p><p><br /></p><p><i>As for the second part of your question, what part of it is accounted for by the wholesale market – I feel fairly confident in saying that fully 80% of the total volume of all coin sales take place between 1 dealer and another dealer – the wholesale market.</i> </p><p><br /></p><p>•&nbsp; &nbsp; Who are the key buyers and sellers in both the retail as well as the wholesale rare coin market, and approximately what share do they account for, of the total market (in terms of traded value) </p><p><br /></p><p><i>I have already mentioned a couple, Heritage Auction Galleries of course is the largest coin dealer in the world approaching nearly a billion dollars worth of sales annually, probably 5% - 8% or so. Teletrade is an on-line only auction house, ...... Stack’s with their combined auction and retail business probably accounts for several hundred million in sales. Bowers and Morena and Superior Galleries probably account for $100 million each, perhaps more annually. And then eBay, I don’t know that anyone could estimate their total sales volume. ....... There are too many dealer names to even mention, but David Lawrence, Legend Numismatics, Littleton Coin Company, Northeast Numismatics, Pinnacle Rarities, Silver Towne, Steinberg’s, Goldberg’s, Louis Teller, and Eagle Eye Rare Coins would be among a few of the better known names.</i></p><p><i><br /></i></p><p><i>In Europe, Blanchard’s, Kuenker, Classic Numismatic Group, Coincraft, Jean Elsen, Spink and cgb.fr Numismatic are among some of the better known companies, at least here in the US. </i></p><p><i><br /></i></p><p><i>I am sorry, but to estimate what percentage of the total each of these companies is responsible for, beyond what I have already provided, is knowledge that I am not privy too.</i>[/QUOTE]</p><p><br /></p>

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