Headquarters Virginia Beach Number of employees 14 | Founded 1979 | |
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Industry Numismatics , Online auction Key people John Feigenbaum, President;
John Brush, Vice President Products rare coins, Professional Coin Grading Service, Numismatic Guaranty Corporation, Certified Acceptance Corporation Type of business retail sales, wholesale sales, online auction | ||
History of david lawrence rare coins
David Lawrence Rare Coins (DLRC) is a privately held retail company in the United States, selling rare coins and currencies. It is based in Virginia Beach, Virginia with 14 employees.
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The company was founded in 1979 by David Lawrence Feigenbaum, a collector of U.S. coins since childhood. His son, John Feigenbaum, took ownership of the company in 1996. Feigenbaum is an expert in numismatics, and has written two coin books including The Complete Guide To Washington Quarters (ISBN 978-1880731208) and The Complete Guide to Certified Barber Coinage (ISBN 978-1880731635), as well as the foreword to Jeff Ambio's book Collecting & Investing Strategies for Barber Dimes (Strategy Guide Series) (ISBN 978-1933990224). He is a former board member and vice president of the Professional Numismatists Guild, or PNG.
In 1998, Feigenbaum brokered and transported the most valuable U.S. dime known to date - an 1894-S Barber dime (a predecessor to the "Roosevelt dimes" of today) with a value of $1.9 mln.
The company conducts the majority of its business on its web site via private treaty and weekly internet auctions. The company also attends around 20 coin trade shows per year to buy and sell among other numismatic professionals. In March, 2012 it auctioned on eBay the Presidential Collection of Lincoln cents registered by the Professional Coin Grading Service (PCGS). The collection featured 308 coins, with a collector's value estimated by Feigenbaum to be over $1 million.
As published in the Wall Street Journal, David Lawrence Rare Coins was featured as one of the leading sellers the Amazon.com web site when they launched their Collectibles Coin Store in May 2014.
DLRC is rated A+ in the ratings system of the Better Business Bureau of Southeastern Virginia & Northeastern North Carolina, though the company is not BBB-accredited.