COLLECTIVECOIN.COM ACQUIRED BY STACK’S BOWERS

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V20 2017 INDEX E-SYLUM ARCHIVE

The E-Sylum: Volume 20, Number 10, March 5, 2017, Article 9

CollectiveCoin.com has been acquired by Stack’s Bowers Galleries. Here's the press release. -Editor

Stack’s Bowers Galleries is pleased to announce it has acquired the interactive website CollectiveCoin.com.

CollectiveCoin.com was started in 2014 by Matt Lenore and Nick Baum and is a leading tool for managing coin collections online, allowing collectors to publicly or privately view, manage and track their numismatic collections seamlessly across all devices. The website also has robust interactive social tools, allowing members to share their collections, to comment on individual coins or collections and to buy, sell and trade with other members.

“One of our mission statements is to provide solutions for all our clients’ collecting needs,” stated Brian Kendrella, company president. “Increasingly, collectors are looking for convenient technology solutions to manage and track their collections. We found no other technology that can offer this kind of utility for our clients and we look forward to expanding on its features and growing the member base.”

“With most collections these days stashed away in safe deposit boxes, collectors are eager to have digital records and manage and share online as the most convenient and safest way to enjoy their collections. I think it is a perfect match. Stack’s Bowers Galleries recognizes the benefits of CollectiveCoin.com and wants to expand the audience that truly enjoys the site’s benefits,” remarked Matt Lenore, co-founder.

The site has a tremendously loyal and committed user base and this base is expected to grow when CollectiveCoin.com is introduced to Stack’s Bowers Galleries’ worldwide users. “There are no immediate plans to change the site, but longer term we will integrate the site and its tools into StacksBowers.com, allowing users to seamlessly add all their SBG auction purchases as well as acquisitions from other sources. The site will also be expanded to include currency collections,” commented Kendrella. “The site is open for use during our transition and we welcome comments and suggestions.”

Good luck with the new acquisition. There is a clear need for a tool that allows regular collectors to manage images of their collections. Collectivecoin has a decent interface, and combined with easy access to images from dealer sites, it could become quite popular. -Editor