The Coin Purse Rare Coins

The Coin Purse Rare Coins Making friends in the coin community for over 55 years! www.coinpurse.com We are aggressive coin buyers and are always interested in buying coins and currency.

Established in 1968, we have provided personal service to the novice and serious coin collector for over 44 years. We also work closely with local banks, attorneys, and various government agencies in Tennessee appraising coins, bullion, U.S. and Confederate currency, and purchasing coin collections. Our goal is to extend to our Internet customers the same prompt, courteous service expected by our

local customers. If you are ever in the Nashville area, please visit our store. We have thousands of old & collectible coins on display as well as a wide selection of currency, gold, silver, and platinum bullion, and a full line of coin supplies. You will not find as wide of a coin selection anywhere in Tennessee. If you are not able to find the coin or currency item that you are looking for, please do not hesitate to send us an email, [email protected], give us a call at (615) 269-6700, or stop by. We are also just a short drive from Franklin & Brentwood TN. Our selection includes gold coins, silver coins, collectible coins, bullion and currency of many denominations and grades. Visit our store and you will find gold American Eagles, gold Buffalos, silver Eagles, Morgan silver dollars, Peace silver dollars, bullion, Mint sets, Proof coin sets, commemoratives, state quarters, PCGS, NGC and ANACS certified coins, and other raw coins and currency.

08/06/2021

I saw my first U.S. gold coin, an Indian Head quarter eagle ($2.50 gold piece), about 65 years ago. To say it was love at first sight is an understatement. My

08/06/2021

The United States Mint is reminding collectors about the following two pre-order windows in August for the four remaining 2021 Morgan and Peace Dollar

The StackersA unique and somewhat underground group of new hoarders arrived just a few years ago. Calling themselves "st...
01/09/2020

The Stackers
A unique and somewhat underground group of new hoarders arrived just a few years ago. Calling themselves "stackers", this new counterculture of collectors have swarmed coin stores across the country. Their conquest is accumulating silver and gold and the demand is high. Generationally, they are in their 20's and 30's, a time when young adults realize the importance of saving for their future.
What brought about this old financial philosophy to a new generation? I believe it goes back to the "Great Recession" in 2008. Young eyes and ears were open and listening whether adults noticed or not. In a time of great financial stress in the years that followed, children were well aware of the burdens their parents were bearing. Lost jobs, 401k's that cut retirement portfolios in half, these young minds were well aware of just how fragile the strongest economy on the planet can become.
Not only were these young minds observing the monetary stress of their parents, our nations officials were on the air decreeing the world impending economic collapse. I will never forget the resounding words of the then Fed Chairman Ben Bernanke of the nation "being on the precipice". In other words, we were on the verge of going over the edge of the precipice and into the abyss. This startling statement from the one man who supposedly knew the state of the economy more than anyone else on the planet. This led our leaders to change our directive and double our national debt in an effort to spend our way out of recession. This "kicking the can" approach leaves a massive amount of debt that the stacker generation and generations to follow will unfortunately be burdened with.
Thus, stackers see a risky financial future and possibly a very unstable economy on the horizon.
So, whether your a stacker or not, perhaps the idea of holding some assets outside of financial institutions is a very smart move. It's extremely liquid, easily protected, and the security of knowing you are in control of a portion of your assets at all times.
Stackers, stack on!

From the Grader's DeskIt has been a while since I have had much to write about, not because there is nothing going on in...
04/22/2017

From the Grader's Desk

It has been a while since I have had much to write about, not because there is nothing going on in the world of Numismatics, but because it has become more difficult to not repeat myself from earlier writings. Be that as it may, I do have a couple of new discoveries to share for eagle eye'd error collectors, both of which can be found on 2017 coins!

The first comes from the new 2017 P mintmarked cents. While most of the pieces seen in a small batch of paper-wrapped bank rolls are of average (MS-65 or 66) quality or worse (scratches and scrapes along either side of the coin), about one roll's worth of coins netted a series of small die gouges coming into the obverse field at 3:00 just above the date. I am adding a close-up image showing the location and look of these die gouges.

Secondly, for Silver Eagle collectors, due to a FOIA request, the mints used to mint standard issue non-mintmarked silver eagles have been identified as shown by NGC in this article: https://www.ngccoin.com/news/article/5888/

Found in a box of 2017 Philadelphia minted Silver Eagles was a full roll of 20 coins showing a very dramatic and crisply defined set of clashed dies with the central portion of the reverse design showing in the fields forming a sort of halo effect around the waist of Liberty on the front. Lesser clashing can be seen on the reverse meaning that the Obverse die was the "anvil" die and the reverse as the "hammer" die.

Even though technology advances, mishaps can still occur and the hunt always continues... good luck!

04/12/2017

GOLD - SILVER SALES TAX UPDATE


On February 2 this year, Senator Frank Niceley introduced Senate Bill 350, a bill for a sales-and-use tax exemption for rare coins, paper money, and precious-metals bullion. The bill was considered by the Senate Subcommittee on Finance, Ways and Means on March 15.
The bill was referred to the Senate Finance, Ways and Means Committee with a recommendation of “do pass.” In other words, the full committee can conduct further study and hearings, or it can vote on the subcommittee’s recommendation.
NOW is the time for Tennessee dealers, clubs, and collectors to contact the Senate Finance, Ways and Means Committee, especially if your senator is on the committee. (You can find out who your senator is on the Tennessee General Assembly's website Find My Legislator page.)

Talking points for Senate Finance, Ways and Means Committee contacts:
1. Tell them who you are:
o Identify yourself using your physical address.
o Provide your contact information in case the legislator wishes to respond.
2. Tell them why you are contacting them.
o Ask them to support Senate Bill 350 (sponsor Sen. Niceley); a sales-tax exemption for rare coins, paper money and precious-metals bullion.
VERY IMPORTANT! Items #1 and #2 above are essential—1) fully identify yourself, and 2) ask them to SUPPORT Sen. Niceley's bill. Mention the bill by number, Senate Bill 350.
We cannot stress enough the urgency of making these contacts NOW.

02/28/2017

Representative Bud Hulsey introduced House Bill 342 on February 1, 2017; a bill for a sales and use tax exemption for rare coins, paper money and precious-metals bullion. The bill was referred to the House Subcommittee Finance, Ways and Means on February 14, 2017.

IF your representative is on this subcommittee, NOW is the time to contact them. If you don’t know who is your representative, you can get their name and contact information on the Tennessee General Assembly's website Find My Legislator page.

Send a message to your representative ONLY if they are on the House Subcommitee Finance, Ways and Means.

Below is an outline that might be helpful in drafting a message for an email or a phone call. These are only suggestions and you should tailor the message to your own situation. (Click here for a sample message.)

Talking points for House Subcommittee Finance, Ways and Means contacts:

Tell them who you are:
Identify yourself and your business, using your physical address.
Report the length of time you’ve done in business in Tennessee.
Provide your contact information in case the legislator wishes to respond.
Tell them why you are contacting them.
Ask them to support House Bill 342 (sponsor Rep. Hulsey and co-sponsors Rep. White and Rep. Wirgau); a sales-tax exemption for rare coins, paper money and precious-metals bullion.
This fight in the legislature has been off and on for several years. Taxing precious metals makes no more sense than taxing stocks, bonds or your IRA. Lets do what we can to let our representatives know how important this issue is to Tennessee.

Matt is becoming quite famous for his hair around here. So once in a while we will post a "Find Waldo" pic. The game is ...
01/10/2017

Matt is becoming quite famous for his hair around here. So once in a while we will post a "Find Waldo" pic. The game is to find "Matt's Hair". Be the first to find it...but you wont win a thing!

Christmas MemoriesI have very fond memories of Christmas as we all do. Let's face it, as a child Christmas for most of u...
12/24/2016

Christmas Memories
I have very fond memories of Christmas as we all do. Let's face it, as a child Christmas for most of us was the excitement of Santa and what he would bring. The gift I most looked forward to was from my dad. My brother and I would always receive a coin or two. The older I grew the more I appreciated these special gifts from Dad. My brother and I still cherish them to this day. Pop will soon be ninety-three years young. The Christmas coins stopped a few years ago but the memories live forever. Thanks for the coins and for the memories Pop.
Wishing you all the happiest of holidays and hope you make some special memories this Christmas.
Best,
Mike

Just a quick introduction to our youngest numismatist. Matt Sherman came to work for us almost two years ago via Maryla...
12/17/2016

Just a quick introduction to our youngest numismatist. Matt Sherman came to work for us almost two years ago via Maryland where he worked in a coin store in his hometown. Matt has a passion for music and for Nashville. Matt specializes in purchasing gold and silver jewelry and he does most of our research and web management. We are fortunate to have him on board here at The Coin Purse!

The Washington Light Infantry Medal of 1860This is the obverse die for the Washington Light Infantry Medal of 1860. The...
12/07/2016

The Washington Light Infantry Medal of 1860

This is the obverse die for the Washington Light Infantry Medal of 1860. The die was sold to me a number of years ago and has a very interesting history. Remember, this is the die, which was used to produce medals, therefore the images will appear in retrograde. The main feature is W.L.I.’s crest – an angel with a horn and clouds above. At he top is the W.L.I. motto, “Virtue and Valour”. Under the clouds you will notice two very small letters “R.L”. This was Robert Lovett, the diesinker of the medal. He was also the diesinker for the famed “Lovett Cent”.

The “W.L.I” was a militia of 144 men from Charleston, South Carolina. The W.L I. was established in 1807 in response to a threat by the British. The British war ship H.M.S. Leopard had fired upon the U.S.S. Chesapeake. Decades later, the W.L.I. would see service in the Civil War. The W.L.I. is still in existence today in Charleston, SC. Here is a link to their website. http://www.washingtonlightinfantry.org/

If you would like to take a closer look at this piece of American history, we have the die on display here in the store.

07/02/2016

We will be closed Saturday, July 2nd, to celebrate the Independence Day weekend. Hope all our friends have a great 4th!

Address

4117 Hillsboro Pike, Ste 203
Nashville, TN
37215

Opening Hours

Tuesday 9:30am - 5:30pm
Wednesday 9:30am - 5:30pm
Thursday 9:30am - 5:30pm
Friday 9:30am - 5:30pm
Saturday 10am - 4pm

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