The New York branch of the British antiques dealer Mallett filed for bankruptcy. Why does that affect the numismatic world? Well, it has to do with the parent company Stanley Gibbons (the owner of Baldwin’s), a major investor – and a well-known fashion brand.
The World’s Fair of Money was the first big coin show to take place since the pandemic started. Now, the organisers warn: Several participants have tested positive for COVID-19. Visitors displaying symptoms are recommended to get tested.
The investment company Blackstone has bought a majority stake in Certified Collectibles Group. Blackstone is expecting to make huge returns in the booming collectibles market. However, collectibles as a lucrative investment field is a double-edged sword.
The ANA’s Money Museum starts selling duplicates of its collection through eBay in June 2021. The ANA will support its museum with the revenue generated from the deaccession.
In 2020 nearly all coin shows were cancelled due to the Covid19 pandemic. One of the first to be held again was the 70th Collectorama Show in February 2021. David Lisot was there and interviewed Edward Kuszmar about this experience.
The Royal Canadian Mint published its financial results for 2020 providing insight into their activities. It tells a lot about the exceptionally strong global market demand for bullion that the mint increased its revenue in this sector by 74% in 2020.
The annual Global Art Market Report 2021 reveals striking market shifts in 2020: online sales have exceeded the general retail, female collectors spent more than their male counterparts, and the USA are no more the largest global market for public auctions.
Whilst Austria's museums are allowed to open again, the Swiss and German museums have been closed for months. Directors of nineteen museums in and around Basel now call to open up again these important places of education, cultural diversity, and emotional empowerment.