Steven L. Contursi, President of Rare Coin Wholesalers (RCW), and one of America’s most respected and renowned numismatic traders, recognized for his achievements in purchasing and selling two of the three most expensive rare coins, selects Daniel Lee, CEO of Liquid Bullion Coins and Collectibles and professional numismatist of 18 years, specializing in U.S. rare coins and bullion, as Senior Numismatist heading the new Houston, Texas branch of RCW.

Irvine, CA -- (ReleaseWire) -- 07/29/2015 -- Rare Coin Wholesalers specializes in United States rare coins whose principals have bought and sold over a billion dollars in rare coins and carries the largest of truly rare, U.S. coin inventory in the country, announces the opening of a Houston, Texas branch. Daniel Lee, CEO of Liquid Bullion Coins and Collectibles of Houston, Texas, will become the head of this branch commencing on August 1, 2015.

The combined expertise of Rare Coin Wholesalers and Liquid Bullion CAC, presents a substantial advantage that will result in increased investment and business opportunities for collectors, dealers and investors.

"This new relationship allows us to provide an elevated level of support to our clients", said Steven Contursi. "With a branch location in the center of the country, we can now get to most cities in less than four hours. This will certainly help to improve customer service. Mr. Lee will also represent RCW at more of the national coin shows."

An established office that serves as an extension of the RCW brand in Houston, Texas, with a principal member of the team who can represent Rare Coin Wholesalers, is essential to enhancing the client experience.

"Becoming a member of the RCW team will allow me to fulfill a career objective by dealing in our nation's most valuable rare coins", said Daniel Lee. "To have access to the largest U.S. rare coin inventory, will allow me to spread my numismatic wings."

About Rare Coin Wholesalers
Steven Contursi, President of Rare Coin Wholesalers of Irvine, California, turned his passion of collecting coins at the age of seven years old into a successful family business. His career as a professional numismatist has made him a curator to some of our country's greatest national treasures. Mr. Contursi made international headlines following the sale of what is believed to be the first silver dollar made by the United States for $7.85 million. He also owned the first gold coin made for the U.S., the Unique 1787 Brasher Doubloon. The coin was sold by Steven in December 2011, which eventually sold for nearly $7.4 million to a Wall Street investment firm.

Learn more about Rare Coin Wholesalers.

About Liquid Bullion Coins and Collectibles
Located in Houston, Texas, Liquid Bullion CAC, was founded by brothers Daniel and George Lee. The Lee brothers built a solid foundation of integrity and have a great reputation in the local Houston and national markets through successful transactions that total an approximate $100 million in rare coins and bullion since March 2009.

Learn more about Liquid Bullion CAC.

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Dr. Scott Sumner, the economist credited with popularizing the 'nominal GDP targeting' policy which was adopted by the Federal Reserve and Bernanke, has written an article about the U.S. economy and its impact on the gold market.

Irvine, CA -- (ReleaseWire) -- 05/28/2015 -- RCW Financial, a firm that assists individuals with a wide range of tangible investments, has released their latest article, "Gold … A Solution to a Non-Existent Problem", written by economist and Advisory Member, Dr. Scott Sumner. In the article, Dr. Sumner shares his insight on the national debt and its impact on the gold market.

In the article Dr. Sumner provides a realistic overview about the national debt and a more holistic explanation of the U.S. economy despite predictions on the Internet about the U.S. economy spiraling into a decline and the dollar meeting its demise.

"If you look at the part of the debt actually held by the public, it's a bit over 70 percent GDP, which is not unusual for a developed country. The budget deficit which is the increase in the debt over one year, has fallen to about 3 percent of GDP, also similar to many other countries. Even better for the Treasury, interest rates are relatively low and likely to rise only modestly. This means the cost of financing the national debt is not too burdensome and long term rates will stay fairly low, about 2 percent to 4 percent, even as short term rates rise."

Dr. Sumner also addresses the false hype over the risk of high inflation due to quantitative easing and near-zero interest rates and dispels concerns over any risk that QE would lead to high inflation, because unlike previous hyperinflationary episodes, most of the new money went directly into interest-bearing bank reserve accounts at the Fed instead of releasing trillions of dollars of paper money directly into circulation.

A sample of the article is reproduced below:

If none of these apocalyptic theories of dollar collapse are true, then what does drive the international gold market? Gold tends to do well during periods of extreme economic stress, such as high inflation or depression, and also during periods of very low real interest rates. […]Even though nominal interest rates fell in the 1980's, inflation fell even faster, so real interest rates actually increased. That's why gold prices fell after 1980. With the Fed now targeting inflation at 2 percent, it's unlikely that we'll see a repeat of the highly inflationary late 1970s."

To download a copy of the full article, visit http://www.rcwfinancial.com/content/docs/Sumner-Gold-Report-May2015.pdf

About RCW Financial
Located in Irvine, California, RCW Financial offers financial solutions to individuals looking to diversify their portfolios with alternative investment strategies for wealth preservation. RCW Financial specializes in high-end investment grade, rare Unites Sates coins with the most significant rarities in existence. President Steve Contursi, a professional numismatist has over 40 years of experience and has bought and sold over $1 billion in rare coins.

For more information, visit http://rcwfinancial.com/

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RCW Financial gives readers the insights they need to make informed decisions before investing

Irvine, CA -- (ReleaseWire) -- 04/08/2015 -- RCW Financial, a firm that assists individuals with a wide range of tangible investments, has released an article detailing a number of key issues to watch for when investing in bullion and coins.

The article, "Red Flags: Warning Signs in the Coin Industry" by RCW Financial, covers various common issues for those investing in modern bullion, modern coins, foreign and generic numismatic coins. In addition, the article offers helpful information and guidance on how to correctly invest in bullion or coins.

"When purchasing common gold bullion coins, such as modern American Eagles, you should not be paying more than 5 to 10 percent above the spot price of gold, and you should be able to sell for at least the spot price or more," said Steve Contursi, President of RCW Financial. "The current spot price is easily available from many sources on the Internet, so it's easy to avoid overpaying with just a minute or two of investigating."

Among the advice offered in the article is to be skeptical of coins advertised on television and radio, as coins that are available enough to support a large national marketing campaign are not likely to be very rare. In most situations, the costs of advertising get passed on to consumers. Additionally, the article warns against temporary premiums, in which retailers promote specific hoards of coins, generating a great deal of interest around them. Because the secondary market is virtually non-existent, the value of these coins eventually collapses.

When investing in rare coins, individuals should establish a relationship with a reputable firm and spend ample time verifying the company's expertise. They should also ask plenty of questions to determine if rare coins complement their investment goals. If they would like to move forward, potential investors should decide how much they would like to invest in the market, and then examine a proposal from the company and discuss with the representative how it would meet their goals.

Contursi explained, "The rare coin market is not for everyone. This is a market similar to high-end real estate, art or fine wine and is supported by collectors, investors and other coin dealers. If you are thinking of getting into this market, we advise you review your financial goals and ensure you are purchasing truly rare coins with a track record appealing to collectors."

About RCW Financial
Steve Contursi has bought and sold more than $1 billion in rare coins and has owned or participated in the purchase or sale of over half of the coins featured in the "100 Greatest U.S. coins" book published by Whitman Publishing. RCW, is one of the most trusted rare coin firms in the world.

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Experienced attorney offers insights on tax laws related to rare coin collecting, investing

Irvine, CA -- (ReleaseWire) -- 06/24/2014 -- Rare Coin Wholesalers (RCW) released an in-depth article for collectors and investors, titled "Tax Advantages of Rare Coins" written by Attorney Armen R. Vartian.

The article provides extensive information on the tax laws impacting the buying and selling of rare coins — particularly the opportunities and advantages provided through these types of investments. Vartian covers seven distinct tax benefits investors can leverage by collecting these types of coins.

"There are some very unique advantages to collecting rare coins in terms of tax breaks and exemptions, and this article provides a great introduction to these outstanding opportunities," said Steve Contursi, President of Rare Coin Wholesalers. "We've drawn on decades of experience in this field to give collectors and investors the knowledge and insights they need to make informed decisions on investing in rare coins."

In the article, RCW provides an overview of some of the most significant tax advantages available to rare coin investors, including exemptions from sales and use tax and several income tax benefits. There are also opportunities to defer taxes through "like-kind exchanges," as well as the ability to hold rare coins in individual retirement accounts (IRAs) and move them in and out of the United States duty free.

In addition, there are a number of benefits of leveraging rare coins when it comes to retirement and estate planning. The article highlights estate planning advantages such as how to step-up basis of coins to a spouse upon death.

"Not many people realize the potential tax benefits that rare coins offer," Contursi said. "And in many cases, these benefits can help clients protect their estate or defer taxes in their portfolio. This is the type of key information we provide in the article."

The principlals of Rare Coin Wholesalers have performed over $1 billion in rare coins transactions and have owned or participated in the purchase or sale of more than 70 of the 100 greatest U.S. coins. The company is one of the most trusted U.S. rare coin firms in the world.

About Armen Vartian
Armen Vartian is an experienced attorney who has represented rare coin dealers, collectors and investors for more than 30 years. He is admitted to practice law in California, Illinois and New York. He has written several articles and books on legal issues related to buying and selling rare coins, art and collectables.

To view the article "Tax Advantages of Rare Coins," visit http://www.rarecoinwholesalers.com/Content/pdf/tax-advan-of-rare-coins-by-armen-vartian.pdf.

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Leading economist offers in-depth analysis of key economic trends across the United States

Waltham, MA -- (ReleaseWire) -- 03/31/2014 -- Economist Dr. Scott Sumner and RCW Financial have released their latest report, titled "The Economic Update: The Current Investment Environment."

The report delves into some of the major contributing factors related to the current economic malaise in the United States. Citing issues like the prolonged decline of interest rates nationwide and the country's lackluster employment growth in recent years, Dr. Sumner's report provides some valuable insights into the state of the national economy and what it means for investors.

Dr. Sumner's prescription for eager investors involves a diversified approach. With stock prices lingering at a relatively high valuation, investments in antiquities, precious metals and rare coins are seeing some of the most promising returns. He also details the benefits of real estate investments.

"Stocks are still a good long-term investment for people willing to ride out any near-term 'corrections,'" Dr. Sumner writes. "Nevertheless, given the relatively high valuations of stocks, bonds and even gold, it's worth considering diversifying into alternative investments. Real estate is one possibility, as values remain reasonable in selected markets."

The report closes by acknowledging the potential advantages of careful, diversified investment in these types of alternative options, including wealth preservation, portability, privacy, subjective value, among others.

Dr. Sumner, an economics professor at Bentley University and a nationally acclaimed author of numerous high-profile articles and reports on economic policy, is possibly best known for his work on the development of the NGDP targeting policy by the U.S. Federal Reserve largely credited for halting the economy's downward spiral in 2011. His nominal GDP model has earned him the rank of 15 on ForeignPolicy.com's list of Top 100 Global Thinkers. In addition, The Atlantic has referred to Dr. Sumner as "The Blogger Who Saved the Economy."

"The U.S. economy is likely to continue recovering, with unemployment falling to about 5 percent over the next couple of years," Dr. Sumner says. "The recent decision to eliminate the extended unemployment benefits might lead to an even more rapid fall in the unemployment rate. On the other hand, the [Congressional Budget Office] has estimated that Obamacare will lead to the loss of roughly 2 million full-time equivalent jobs. Higher taxes and more burdensome regulations will also be a drag on the supply side of the economy."

To access "The Economic Update: The Current Investment Environment" by Dr. Scott Sumner, visit http://www.rcwfinancial.com/Resources/EconomicReports.

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