Now Hiring Sales Associate

Join our team!

The Coin Sales Associate will show our customers why we are the most trusted independent coin store in our region by maintaining coin expertise and service excellence; provide a welcoming and hospitable atmosphere, by treating all clients with honesty and respect, whether they are spending $5, $5,000, or selling us a valued item; uphold our core values throughout operations in order to strengthen the company and secure us as a profitable business; support the Coin Department Manager in his responsibilities.

Direct Supervisor: Coin Department Manager

Responsibilities:
• Proactively greet customers in person and on the phone in an approachable manner; create an experience which inspires the loyalty of our customers.
• Assume personal responsibility and demonstrate professionalism in all aspects of the job; keep the Coin Department Manager, informed of all necessary sales matters and solicit instruction and advice as needed.
• Actively seek and gain authoritative industry knowledge and proper representation of products, building your professional growth to enhance client confidence and our reputation; seek knowledge, instruction and advice from the Coin Department Manager and other associates as needed.
• Be proficient in all procedures and processes of selling, buying, and other aspects of customer service.
• Ensure that we provide our clients with products and services of consistent value and exceptional quality through sorting, organizing, categorizing, and grading inventory.
• Be capable of opening and closing procedures for the store.
• Present the floor by keeping the glass, coins, and carpets clean, straightening and restocking coin cases, and returning items to the correct places.
• Complete additional tasks and assignments as requested.

To Apply:
Please send resume and cover letter to: brian@christophersrarecoins.com or call 251.4031.

We Are Moving!

Dear Friends,

Big changes are ahead for Christopher’s Rare Coins – changes designed to provide you with a better coin, currency and precious metal bullion experience.

After 20 years at our current location, 3427 Merle Hay Road, we will be moving to a new space at 8671 Northpark Court in Johnston, Iowa. We will be conveniently located just north of I-80 on 86th Street. You will find the Northpark shopping area across from the Hilton Garden Inn and Texas Roadhouse.

Construction on the new space has begun and our current plans include re-opening for business sometime in late July. (Our sister company, Christopher’s Fine Jewelry, will also be moving to a new location this fall in West Des Moines at 160 Jordan Creek Parkway, Suite 100; west of Jordan Creek Mall.)

We are not moving far from our current location, however, this beautiful new space will allow us to showcase our extensive inventory, provide expanded parking, and continue to offer expert assistance with buying and selling of coins, currency and precious metals.

We will be available at our current location on Merle Hay Road until our new space is ready in July. Watch for additional updates and Grand Opening details via email, on our Facebook page and on our website.

We thank you for your support and business over the last 39 years and we look forward to serving you for many more years to come as we start a new chapter for Christopher’s Rare Coins! Should you have any questions, please feel free to call us at 515.251.4031.

Sincerely,

Christopher’s Rare Coins

A Look Back on 39 Years in Business

Happy Spring (finally) newsletter readers.

On April 1st Christopher’s Fine Jewelry and Rare Coins celebrated 39 years in business. In 1980 I opened a tiny coin shop in Ankeny, Iowa called Coin World. I was fully aware that there was a numismatic publication named Coin World, but didn’t think it was problem as they were a newspaper and I was a retail coin store.

So after my ads were already published in the yellow pages for the coming year, I received a certified letter from the legal department of Coin World to change my name or be sued. Now what to do? To keep some continuity to my name and confuse customers as little as possible, I changed the name to Coin Works.

As time went on, I slowly got into the jewelry business. After five years I moved my store to a bigger and better location and changed the name to Coin Works and Christopher’s Fine Jewelry.

I then moved into my third location in a brand new strip mall in Ankeny. This was a great move. I was able to expand my jewelry business in a larger space that was in the best location in Ankeny.

A large part of my business has always been buying coins, gold, silver and jewelry from the public. Ankeny was still a relatively small town. As my buying from the public business grew, it became evident that I needed to move my business to larger community.

After five years in Ankeny, I moved the business to 3408 Merle Hay Road in Des Moines. It was a good space however, the parking was tight and I had no room to expand. After five years I bought a 4,000 square foot building across the street that had a large sign and plenty of parking. This is now our current location and we have been serving the community here for 20 years. We have remodeled three times and this has turned out to be an amazing space for Christopher’s Rare Coins and Christopher’s Fine Jewelry.

This is a short story of some of the changes over the years from a 450 square foot store to a 4000 square foot mega store. It has been such a pleasure to serve this wonderful community over the years. Thank you to each of you who have made this growth – and my dream – possible over the last 39 years.

However, we have more exciting changes coming to Christopher’s Fine Jewelry and Rare Coins in the very near future! Watch for a big announcement soon!

Chris Seuntjens
Owner/President
Christopher’s Fine Jewelry and Rare Coins
chris@christophersjewelry.com

Facebook Groups: The 24/7 Coin Show

I have a confession to make. I am a former Facebook hater. It seems that the few times I was on there a lot of what was being posted was negative comments, people complaining about their neighbors’ dog and all sorts of what I considered silly things and a lot of people wasting my and their time.

I have always known that Facebook is an essential part of business marketing. I didn’t know about the power of Facebook groups and how they could positively affect my business.

A couple of years ago I was introduced to a Facebook group with the initials CDHCD. I became a member and was quickly fascinated about how much business takes place in this group on a 24/7 basis. This group of coin dealers has over 1200 members from around the country. As you can imagine, the diversity of coins, currency, exonumia and all sorts of other things that are traded is amazing.

For the most part this group is self-policing. If someone steps out of line everyone knows it and that person is either suspended or black-balled from the group. The admin is very careful on who gets let into the group.

There are a couple of other internet trading organizations that dealers have used in the past, but the memberships are expensive and trading is somewhat cumbersome. Besides those trading platforms, there had not been many other alternatives for dealers to do business other than at coin shows.

The CDHCD group and other similar groups typically buy and sell tens of thousands of dollars in merchandise every day. When dealers have wider markets for their products and can get good prices, I am sure they tend to be more aggressive in their buying habits if their market is bigger and more diverse.

In addition to coins and other products that are traded regularly, this group is nearly invaluable for information on unusual things that we may not be familiar with and having a “now” insight on the real market for things.

So now I am no longer a Facebook hater. CDHCD has literally opened up a new numismatic world for me and Christopher’s Rare Coins. There are now many, many groups out there that trade in coins, jewelry and all sorts of things. I believe that the coin groups are a major factor in supporting a market that has been fairly stagnate and weak. And, it’s fun! What’s better than a 24/7 coin show?

Stay tuned next month for more “Did You Know?” stories. 

Chris Seuntjens
Owner/President
Christopher’s Fine Jewelry and Rare Coins
chris@christophersjewelry.com

Coin Shows: Past & Present

This month I am writing about coin shows past and present. It used to be that the main way for coin collectors to obtain coins for their collections was finding them in circulation, attending coin club meetings, mail order from dealers advertising in coin publications and attending coin shows. 

Coin shows used to be extremely active with collectors who would come from long distances to find treasures for their collections. With the internet, many collectors choose to buy their coins through that method and coin shows have far fewer public attendees.

Interestingly, a huge amount of business being done at coin shows is dealer to dealer trading. A common question from the public is “how can dealers constantly trade amongst themselves and most of them still make money?”

One of the main reasons is the diversity of United States Coins. There are many denominations, designs, varieties, striking characteristics, grades, mintages, etc. Also, throughout the diverse history of U. S. coins, there have been many historical events that vastly altered the availability of certain coins beyond just how many were minted.

I have been a coin collector and/or dealer of coins since I was 6 years old. I have been a full-time dealer for 39 years. In all that time I never met a coin dealer that at some point in their life didn’t collect coins. Having said that, all coin dealers are collectors at heart. Being a coin dealer affords him or her to own coins of all types even if it is just for a short period of time.

With the vast amount of different types of U.S. coins, it is nearly impossible for any dealer to be an expert on many of them let alone all of them. This opens the door for endless “cherry picking” opportunities between dealers.

Through various channels, many dealers end up with inventory that they are not that familiar with or do not have customers for. Also, even though dealers are technically competitors, there is an amazing comradery amongst them. So, unless a dealer has other better sources to sell his or her coins, it is very common for dealers to give a fellow dealer a break on the prices of a coin or coins so the buyer has some room to make some money. In most cases this a reciprocal practice among a vast majority of dealers.

Coin shows are an amazing free market venue. After being in this business for nearly 40 years it is always exciting for me to go to a coin show not knowing what treasures I might find. That’s the collector in me. 

You can view a list of the coin shows we will be attending in 2019 here.

Stay tuned next month for more “Did You Know?” stories. 

Kind regards and come on Spring!

Chris Seuntjens
Owner/President
Christopher’s Fine Jewelry and Rare Coins
chris@christophersjewelry.com

The Most Highly Traded Commodity of 2018

As 2018 appears in the rearview mirror, I thought it would be interesting to write about what palladium has done in recent history. For the first time the price of palladium surpassed the price of gold. It was the most highly traded commodity in 2018. That in itself is a huge statement.

In 1992, palladium’s low was $78 per troy ounce. It has doubled in price since 2016 and increased 450% from 2008 to present.

Palladium is a metal with many unique properties and is used primarily in catalytic converters. 80% of palladium usage comes from them. In recent years European car buyers have been switching from diesel cars to gas fueled cars creating a larger demand.

One of the larger factors for the increased use of palladium in cars is the China market. China auto sales have increased every year since the early 2000’s. In fact, China sold the largest number of cars in the world for the 9thconsecutive year.

Conversely to the increase of palladium usage for catalytic converters, electric cars are increasing in popularity very dramatically. In China, tax incentives to buy gasoline powered cars will be ending soon.

So who knows what the future holds for palladium as there are a number of factors that could swing the pendulum either way. 

Christopher’s Rare Coins is looking forward to another interesting year in the rare coin and precious metals business. We are also looking forward to seeing you soon in our store or at a coin show.

Stay tuned next month for more “Did You Know?” stories.

Kind regards,
Chris Seuntjens
Owner/President
Christopher’s Fine Jewelry and Rare Coins
chris@christophersjewelry.com

 

The Story Behind the Abundance of Silver Dollars

If you have been around coins very long either at coin shows or in coin shops, you will have noticed that there is always a large quantity of silver dollars for sale and so many are in uncirculated condition. So how is it that so many of them were saved?

One of the main reasons is that from the beginning of our coinage, silver dollars have always had a great allure with the American public. One reason for their popularity is that they are a large coin. Another is that the dollar is the basis of our currency. Thus, from day one, many folks would keep some silver dollars instead of spending them. This being done by millions of Americans created a seemingly unending supply of them.

Another reason why there are so many silver dollars is that when they were minted the coins were put into cloth bags containing 1000 coins. The bags of silver dollars were then shipped to various Treasury vaults. More than 200 million silver dollars were eventually stored in these vaults.

The U.S. government was running low on its silver supply so under the Pittman Act of 1918 millions of silver dollars were ordered melted. It is not known just how many coins actually were melted, but the amount was significant and many were not melted.

In 1964 the government began to divest itself of a lot of the remaining bags of silver dollars. Individuals could purchase up to 50,000 silver dollars at a time for face value, thus putting vast quantities of uncirculated silver dollars onto the public market.

In general, silver dollars are very cheap right now. Thank goodness they are still one of the most collected coins in America or they would be even cheaper. 

Stay tuned next month for more “Did You Know?” stories. Happy Holidays!

Kind regards,
Chris Seuntjens
Owner/President
Christopher’s Fine Jewelry and Rare Coins
chris@christophersjewelry.com

2018 INA Coin Show Recap

The 80th Annual Iowa Numismatic Associations’ Coin Show and Convention is past history. The Des Moines Coin Club hosted this years’ show and they did a wonderful job as usual. This year the show was in The Palace in Adventureland Park in Altoona, Iowa. The facility was very spacious and with convenient loading and unloading for the dealers.

As in many new venues, dealers and the public alike had a few difficulties getting to their destination even though there were lots of signs in place. We are planning on having the show there again next year so I am sure that anyone that was there this year will have an easier time.

Our line-up of exhibits and 4 free seminars was unprecedented. They were all very informative and very interesting.

Exhibits were comprised of “the smallest coins in the world”, “crazy things that people do to coins”, “love token jewelry”, among others.

Our speakers included:
Mitch Ernst, “Altered and counterfeit coins task force”
Clifford Mishler, “Our hobby community, yesterday, today and tomorrow”
David Stark, “Smart phone coin photography”
Dillon Kraft, “Using social media to promote numismatics and coin shows”

We had 4 tables of fabulous inventory at the show. Brian and I had a great time talking, buying and selling coins.

We hope you are having a great fall and we are looking forward to seeing you in the store soon.

Stay tuned next month for more “Did You Know?” stories.

Kind regards,
Chris Seuntjens
Owner/President
Christopher’s Fine Jewelry and Rare Coins

4 Free Seminars at the INA Coin Show

Free Lunch Included!

Join us for the 2018 Iowa Numismatic Association Coin Show on October 27 (9AM-5PM) and 28 (10AM-3PM) at the Adventureland Palace Theatre located at Exit 142 off of I-80 in Altoona. Free admission and parking, over 50 dealer tables, free kids coins and MUCH MORE including these great guest speakers!

Lunch With Mitch Ernst
NOON Saturday and at the INA breakfast Sunday
ICTA’s Anti-Counterfeiting Task Force
Mitch Ernst is the president of the Central States Numismatic Society and a board member of ICTA – Industry Council for Tangible Assets. He will be speaking on how the Task Force was responsible for busting a $100 million counterfeiting ring and what they are doing to protect our hobby.

 

1 P.M. Clifford Mishler
Our Hobby Community. Yesterday, Today and Tomorrow
Clifford has spent a lifetime deeply engaged in coin collecting activities. Besides collecting, he is an author editor, publisher, corporate manager and consultant.
He also has extensive knowledge in the exonumia field.
Clifford’s knowledge of American collecting is unmatched.

 

2 P.M. David Stark
Smart Phone Photography
David is a lifelong numismatist who specializes in Large Cents, primarily the 1816 – 1839 series collecting them by die varieties. Dave has spent a lot of time photographing coins and he will definitely have some great tips for all who attend this seminar.

 

 

3 P.M. Dillon Kraft
Using Social Media for Promoting Numismatics
Dillon is another lifelong coin collector in our seminar lineup. His current focus is on love tokens and Capped Bust Halves and crafting jewelry from coins.Dillon is a member of the INA, ANA and the Love Token Society. His knowledge of all the tricks of social media marketing is immense. This will be a great seminar for people in the coin business, coin club members and coin show promoters.

 

Free $5 Concession Ticket For Each Seminar!

Present this flyer at each seminar and receive a free lunch ticket worth $5 at the concession stand. One person per flyer and ticket. Adults only. Must attend seminar to receive the $5 ticket.

Click here to RSVP and share the event on Facebook!

                                   

2018 Iowa Numismatic Association Coin Show

Dear Fellow Numismatists,

My two favorite seasons are here. Fall and coin show season. There are a lot of coin shows in the fall, winter and spring. Right now the show I would really like you to plan for is the Annual Iowa Numismatic Association Coin Show and Convention October 27 and 28. This is the 80th anniversary!  

This years’ show is at The Palace in Adventureland Park. This show has been at The Adventureland Inn in the past. This is a spacious facility and it will provide a perfect atmosphere for fun with numismatics. There will be a concession stand, a kids table with free coins for kids, some very interesting educational exhibits, a coin supply dealer and much more. 

For those of you that have never been to this or any other coin show, here is what to expect. There will be about 50 vendor tables there comprised of coins, paper money, tokens and medals and precious metals on display for trading from dealers from all over the Midwest. 

There will also be three free educational seminars on Saturday:
Clifford Mishler 1 P.M. “Our hobby community, yesterday, today and tomorrow”.
David Stark 2 P.M. “Smart phone coin photography”.
Dillon Kraft 3 P.M. “Utilizing social media for the promotion of numismatics”. This will be a great seminar for dealers and coin show promoters.

Admission and parking are FREE!

SHOW HOURS:
Saturday October 27th from 9 A.M. – 5 P.M.
Sunday October 28th from 10 A.M.  3 P.M.

Please stop by our booth and see all of the great inventory we will have including lots of new purchases.

See you there!

Click here to RSVP and share on Facebook

Stay tuned next month for more “Did You Know?” stories. 

Kind regards,
Chris Seuntjens
Owner/President
Christopher’s Fine Jewelry and Rare Coins