MAY 2 – Hyatt Coins will return to its regular business hours on Monday, May 4th. We will be open Monday – Friday, 10 a.m. – 6 p.m. and Saturday, 10 a.m. – 5 p.m. Thank you for bearing with us in these uncertain times. We look forward to seeing you soon!
Check your change! You may find historic and potentially valuable old money in your pocket and purse change. Hundreds of rare coin dealers across the country including Hyatt Coins will be deliberately putting into circulation collectible coins, some a century old.
BUT THAT’S NOT ALL!
Hyatt Coins will be hiding 5 grand prize tokens all over the Charlotte area, we will be releasing clues here on our website as well as Facebook and Instagram on where to find them, we will be releasing clues and riddles so make sure you are ready!
Four of the tokens will be worth a rare coin price of $100
ONE of the tokens which is a Willy Wonka style GOLDEN TICKET will be worth a prize valued at $1000
SEE EVERYONE ON THE HUNT
The first two prize tokens have been hidden! Solve the riddle, find the token and head down to Hyatt Coins to redeem your prize.
Hint #1 ANSWER: ROMARE BEARDEN PARK
HINT #2 ANSWER: 49’ER STATUE AT UNCC
HINT #3 ANSWER: AIRPORT LOOKOUT
HINT #4 ANSWER: PARK LANES
HINT #5 ANSWER: Charlotte Museum of History
The History of National Coin Week
The history of National Coin Week began in 1923, when American Numismatic Association Governor Julius Guttag suggested to the association’s President, Moritz Wormser, that a week-long event should be established “to attract the general public to our hobby and consequently increase our membership, and aid in our science.” That December, the first announcement of a “Coin Week” was made in The Numismatist and scheduled for the week of February 9-16, 1924.
Industry Council for Tangible Assets dealer member Mitch Hyatt (Hyatt Coin and Gun Shop, Charlotte, North Carolina) was honored during the ICTA dinner and update cruise aboard the Yacht StarShip II in Tampa, Florida, on January 3 as the recipient of the 2017 Diane Piret Memorial Outstanding Service Award.
In the fall of 2016, Hyatt started collaborating with ICTA on a campaign to obtain a state coin, currency, and precious-metals bullion sales-tax exemption. Hyatt hired Chris Emanuel (C.G. Emanuel Group, Charlotte, North Carolina) as the campaign’s lobbyist. He also paid 100% of ICTA’s expenses in aiding the campaign.
Hyatt, Emanuel, ICTA treasurer Pat Heller, ICTA chief operating officer David Crenshaw, and others worked tirelessly to get the legislation enacted. The legislation passes in both the House and Senate in an unprecedented 10 months.
CHARLOTTE, N.C. (July 25, 2017) — Effective immediately and due to diligent work by Hyatt Coins and ICTA, coin collectors and precious-metals bullion investors will no longer be required to pay sales tax on purchases in North Carolina. The state joins 35 other states in offering protection to collectors and investors from paying a sales tax on what products commonly pursued as an investment.
For nine months, Mitchell Hyatt of Hyatt Coin Shop in Charlotte has directed the effort for the sales tax exemption bill, House Bill 434: Coins/Currency/Bullion Sales Tax Exemption, with the support of a number of area coin dealers. Hyatt credits the hard work of lobbyist Chris Emmanuel and the Industry Council for Tangible Assets (ICTA) chief operating officer David Crenshaw.
“This is a victory for collectors and investors,” said Hyatt. “Investors will no longer need to send their money and assets through the mail to avoid a sales-tax penalty, and collectors will no longer have to pay tax on money.”
Hyatt, a third-generation coin shop owner, laments that thousands of investors and collectors were discouraged from their pursuits during the sales-tax era, but now looks forward to promoting growth in the collector community. The state of North Carolina should also benefit from sales tax and hospitality tax collected from increased sales of collecting supplies and the return of major coin conventions to the state.
Mitchell Hyatt continued: “I want to thank ICTA and NC House Representative Dana Bumgardner for their hard work. The coin collecting community has been well served by its representatives, and I am proud to be a part of this success story.”
Numismatic Guaranty Corporation® (NGC®) has graded the Hornets Nest Collection, the first complete set of Charlotte Mint gold coins ever assembled. Notably, the collection includes an NGC VF 20 specimen of the legendary 1849-C Open Wreath Gold Dollar, one of the rarest United States coins.
The seed of the Hornets Nest Collection was planted during Christmas of 1987, when the collector’s wife gifted him his first Charlotte Mint gold piece: an 1856-C Quarter Eagle that she purchased on a special trip to Hyatt Coins in Charlotte. Intrigued by the history and rarity of the gold coins of the Charlotte Mint, the collector embarked on a seemingly impossible journey to build a complete collection of its coins. After a nearly three-decade labor of love, the Hornets Nest Collection was completed with the purchase of an 1842-C Small Date Half Eagle which is now graded NGC AU 58.
(article courtesy of NGC)