John Pack joins growing new Bowers organization

[Sunnywood]

John Pack has now left CU / Bowers & Merena and has joined "American Numismatic Rarities, LLC" which is basically QDB's enitre former team. They can be found on the web at Reincarnation of B&M . The Bowers name does not appear anywhere, as he is probably under non-compete restrictions.

 

You get the same page for www.americannumismaticrarities.com as you do for www.americancoinrarities.com

 

Their first auction is planned for July 2003 in Baltimore, in conjunction with the ANA (at which Bowers & Merena, the CU subsidiary no longer inhabited by any of Dave's team, is the official auctioneer of the convention).

 

 

Sunnywood

 

[jeh46544]

I only get a title and an address when I click on your link. Is that the whole page?

[Wihlborg]

Same thing when I try. I guess they are still working on the site.

 

John

[Sunnywood]

Yes, that's all they have up for now ... but I'm sure they are working hard at building a new website. My guess is that they will focus initially on the auction business, and not try to do retail right away.

 

Sunnywood

 

[tw3cn-migration]

What happened at Bowers & Merena that all the old employees would leave

and form a new company?

Could CU be that screwed up?

[BankNote1]

I think CU is that screwed up!!

[Sunnywood]

That's easy to answer:

 

1) They summarily dismissed Dave Bowers; and

 

2) They planned to shut down the Wolfeboro, NH operation and move everyone ... how many long-time residents of the small New England town of Wolfeboro, New Hampshire do you think would suddenly want to move to California or Louisiana ?

 

Sunnywood

 

[cointagious]

the CU subsidiary no longer inhabited by any of Dave's team,

 

 

i pretty sure that mark borkhardt is still at b&m but i have to wonder for how long.

[BankNote1]

What is wrong with Louisiana???

[Tradedollarnut]

ya'll tawk funny!

[Wihlborg]

And it is a little hard to find bait when you want to go fishing because you guy's keep eating all the crawdads!

 

John

[Beijim]

Wolfeboro, New Hampshire is, by the way, a great little town. On Lake Winnepesaukee. We used to boat or snowmobile across the lake to Wolfeboro for ice cream or hamburgers. There used to be a great hamburger joint there called Wolfeburgers.

 

Okay, this post wasn't about coins. But the mention of Wolfeboro brought back some great memories .

 

Beijim

 

[Oldtrader3]

And I suppose that we "Downeastaa's" and other northern New Englandaa's don't talk funny?

 

I am glad to see Dave and the Gang back. I was getting desperate for an auction site to feed my Trime and Gold mania. I have refused to do business with "The Great One" particularly after the way he treated Dave and his people. Besides, I was tired of the "world according to DH" diatribes on the PCGS site anyway. I wonder if Mark Borchardt is going to leave B&M? He certainly would be an asset to QDB's new company.

[Sunnywood]

Beijim,

 

Thanks for that post about Wolfeboro !!! That's the kind of story that makes my heart pine for true America ... I've been living in New York City way too long, and I miss my years at prep school in New Hampshire !!!!

 

Sunnywood

 

 

 

[Beijim]

Thanks for that post about Wolfeboro !!!

 

My pleasure. When I first became acquainted with the fact that David Bowers worked out of Wolfeboro, I must admit my first thought was, "OUR Wolfeboro?" It seemed incongruous that such a small New Hampshire town would be host to such an important numismatist and his business! Now I kinda like the idea, and am gratified to see that much of the former Bowers staff are defecting.

 

Regards,

Beijim

 

[chrisfuccione]

I bet that that B&M leaving will hurt the image of Wolfboro a bit. CHRIS

[lclugza]

I think instead of firing Bowers and relocating B & M, CU should have sold B & M to Bowers for whatever they could get. CU also should have sold off the non-coin-related business and changed its name to PCGS.