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Mr.
DiGenova is an authority on the rare coin market, grading, authenticity
and appraisals. He has been featured in Fortune Magazines "People to
Watch," quoted on the front page of The Wall Street Journal and has
been interviewed in hundreds of newspapers across the United States. He
additionally appeared several times as a commentator on CNN, FNN and
more recently CNBC (as CEO of Superior Galleries), the Discovery
Channel, the History Channel and FX Television. Unparalleled Credentials as America's Top Buyer! Silvano
DiGenova's superior knowledge of rare coin grading and his unsurpassed
market savvy earned him the opportunity to participate in the single
largest numismatic transaction in history. His services as a grading
consultant were requested, and he was asked to assist in the orderly
distribution of the El Salvador U.S. gold hoard, which had a total
market value in excess of $50 million! Mr.
DiGenova was also actively involved in the distribution of a $25
million plus hoard of gold (believed to have originated in Russia) that
was dispersed between 1993 and 1996. He was also a major purchaser of
thousands of superb gem quality silver dollars from the
Continental-Illinois bank hoard. Thats just the beginning. Following
is a list of other landmark purchases consummated by Silvano DiGenova:
In
addition to these noteworthy purchases, Mr. DiGenova is always one of
the top buyers (and frequently the #1 buyer) at virtually every major
auction sale. He spent over $1 million dollars at each of the
Apostrophe Auctions (1988-1989 & 1990). He purchased over $1
million at Stack's 55th Anniversary Sale, over $1 million at Superior
Galleries' Mendleson sale, $3/4 million at Superior Galleries'
Trompeter Sale, $1.5 million at Stack's Floyd Star Sale and nearly $2
million at the Eliasberg Sale. These
purchases clearly establish Mr. DiGenova as one of Americas top
buyers. He has the expertise and financial resources required to be not
only a market participant, but a trendsetter and market leader as well. Mr.
DiGenova has personally traded over $1 Billion of rare coins and other
collectables during his twenty-year career. As demonstrated by the
previous examples, he is often the largest buyer at major auctions,
frequently purchasing 25% or more of the entire sale. The Designer of The Grading Mr.
DiGenova was one of the original owners and founders of the
Professional Coin Grading Service. He personally designed the PCGS
grading set of rare coins. To this day his grading set remains the
standard for rare coin grading. To put it succinctly, coin grading
today -- accepted throughout the industry -- is largely based upon Mr.
DiGenovas expertise. America's Most Successful Rare Coin Trader Over
his thirty-year career, Mr. DiGenova has developed a reputation as one
of the shrewdest traders in the business. If stocks and bonds were his
business, he would be considered one of the elite traders on the floor
of the stock exchange. But, his business isnt stocks and bonds -- its
rare coins. He has, however, managed a seven-figure rare coin limited
partnership known as Tangible Partners LP and supervises numerous
seven-figure rare coin positions on behalf of clients. A number of his
peers and competitors have compared his abilities to those of legendary
Wall Street investor Warren Buffet and Fidelity Magellan mutual fund
manager Peter Lynch. Similar to those great stock market investors, he
makes money in the rare coin business every day by trading coins with
the most experienced dealers in the business. To
coin a phrase, he goes head to head with the brightest and most
aggressive traders in the marketplace -- and invariably, he wins! To
cite a few examples of his prowess, read on ...
Scott
Travers, noted author, dealer and consumer advocate had this to say of
Mr. DiGenova, "Silvano is one of the greatest numismatic minds in the
business today." Clearly,
Mr. DiGenova not only possesses superior acumen in regard to rare coins
and grading -- most importantly, he has a keen sense of market timing
as well! Mr. DiGenova constantly monitors the pulse of the marketplace
as an active participant at every major coin show and auction held
throughout the country. Remember this, all the knowledge in the world
cannot insure success in the rare coin market unless it is accompanied
with shrewd and extraordinary timing! If A Picture Is Worth A Thousand Words, At
Tangible Investments, we have always taken great pride in our
commitment to furthering our clients' numismatic education, as well as
dedication to their complete satisfaction. We have been greatly pleased
when we received the following unsolicited letters: "I
have been actively collecting U.S. coins for the past 10 years.
Although I'm primarily a collector at heart, every purchase is also
made with a careful eye on cost, and with consideration for future
profit. Silvano DiGenova, owner of Tangible Investments of America, has
been a great help to me in building my collection. Mr. DiGenova is one
of the most respected graders in the business. Silvano has educated me
in the fine art of grading, and determining value. He has helped me to
avoid "problem" coins, which would be potential financial disasters. He
works on narrow buy-sell spreads and has a fabulous inventory of
material in stock. Finally, Mr. DiGenova has been consistently open and
honest in out dealings. He has my unqualified endorsement for anyone
interested in this wonderful hobby." -- Gene Sherman, M.D., California
"I
figure you'd probably hear about it loud and clear if someone was
unhappy, so I though Id balance it out a little by letting you know
how pleased I am to deal with you. Thank you again." -- D. Burkey, Virginia -- "I
am writing to express my sincere thank you for the handling of my
account and the selection of the coins you have suggested as
investments for the future. I really do thank you. Furthermore, I
appreciate your honesty. I feel that I can send you any coin at any
time, without worrying if I will ever get it back." -- M. McWhorter, Washington "It's refreshing to work with someone so competent and honest." -- M. Goldston, Money Manager, Tennessee "Your newsletter is great super outstanding!" -- P. Kroll, Illinois --
Mr.
DiGenova maintains a long-standing reputation of honesty and integrity
in his dealings. Never has there been a complaint launched against him
or his company, nor has he (or Tangible Investments) ever been the
subject of any litigation whatsoever. Additionally, he has been a
founder or served on the board of virtually every national organization
involved with the development of ethical standards and practices within
the rare coin industry. A Staff Of Seasoned Experts Second To None! Tangible
Investments (under the leadership of Mr. DiGenova) has assembled an
elite staff of numismatic experts whose combined experience exceeds one
hundred and fifty years of rare coin trading. Collectively, they have
traded more than one billion dollars worth of collectibles! That's
quite an achievement. The combination of experienced leadership,
seasoned staff, impeccable reputation and strong financial position
make Tangible Investments unique in the rare coin industry. Eliminating The Middleman: The Tangible Difference! Success
in trading rare coins is achieved by acquiring the finest and rarest
specimens as close to the actual wholesale value as is reasonable to
expect. When you deal with Tangible Investments, youre buying directly
from the source -- thus effectively eliminating the middleman. As
one of America's leading wholesalers, we supply coins to hundreds of
retail dealers and rare coin telemarketers. In order to realize a
profit, these firms must operate on margins of 35% to 45% above the
wholesale market value. In
stark contrast, we sell coins to our clients based upon the following
formula: We take the actual cash wholesale value of the coins we
acquire and factor in a margin of from 5% to 17.5% (maximum). With our
superior buying power we are able to purchase coins at the lowest
possible prices in the industry. We are then able to mark them up 10%
to 15% and sell them to our competitors, who in turn tack on another
25% or more and sell them retail. To our clients, this means
outstanding quality and prices that are substantially below industry
standards. Be
aware, price isn't the only consideration when acquiring rare coins.
Since each coin is unique in its own way (with subtle variations in
appearance) the collector must be confident that he is not only
receiving the most advantageous price, but also the finest quality coin
for the stated grade. Therefore, Tangible Investments offers an
unconditional fifteen-day return privilege on any coin it sells. Our
liberal return policy is your assurance of complete satisfaction. Of
course, authenticity is guaranteed for life. Of
utmost importance to Tangible Investment clients is the assurance of
receiving the first choice from our extensive inventory. The leftovers
are sold to other dealers! At Tangible Investments, customers acquire
the optimum coins at the best possible price, a winning and profitable
combination. That's the Tangible difference! Supplying The Demand In
1986, the rare coin market underwent a radical change. Rare coins were
no longer graded and evaluated based strictly upon the opinion rendered
by the seller. The veracity of rarity estimates and the integrity of
evaluations would never again be dependent upon the perception and
experience of any single individual. Tangible
Investments, equal to the task of this evolving market, geared up to
meet the growing demand for accurate dissemination of population
information and the most conservatively graded (i.e., premium quality)
coins from PCGS and NGC. Tangible Investments was founded upon the
philosophy that quality in both product and service are of paramount
importance to a collector or investors success. That principle rapidly
built an outstanding reputation among our clients and peers. Over
time, Tangible Investments moved onto the leading edge of the certified
rare coin market, providing its clientele the finest premium quality
PCGS and NGC coins, as well the most sophisticated information
services. Tangible Investments monthly newsletter, THE INSIDER'S
ADVANTAGE, is expanding to meet tomorrows market, today! Tangible
Investment's emphasis is on client satisfaction, including every aspect
of fulfilling your needs, from acquisition through liquidation. Thats
our promise to you and we are committed to it! We
are confident that the information contained within this Website will
assist you in deciding if rare coins are right for you. Whether you are
a newcomer to numismatics or a seasoned collector, were certain our
expertise would prove to be an enormous advantage in your quest for
excellence in numismatics. We look forward to working with you toward
the formation of a meaningful collection of high quality rare coins
that are enjoyable as well as financially rewarding Tangible
Investments was founded as Tangible Investments of America in 1984 by
Silvano DiGenova, who has long been recognized as a leading market
maker in the rare coin industry. The name was changed to Tangible
Investments after a merger with Superior galleries and an eventual
selloff. Mr. DiGenova began his career as a rare coin prodigy, trading
coins as as early as 1976 and setting up his first booth at a national
coin convention in 1977. A self-made millionaire in coins before the
age of 21, he left the Wharton School of Business at the University of
Pennsylvania -- simply because he was loosing too much money by staying
in school!
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