1st Capital Reserve, one of the nation's leading rare coin companies, announced it has been acquired by Universal Coin & Bullion, Ltd., of Beaumont, Texas. The combined companies will now form one larger organization that will be among the largest rare coin and precious metals companies in America.
Beaumont, Texas (PRWeb) February 9, 2007 -- 1st Capital Reserve, one of the nation's leading rare coin companies, announced today that it has been acquired by award-winning rare coin expert Mike Fuljenz and Universal Coin & Bullion, Ltd., of Beaumont, Texas. The combined companies will now form one larger organization that will be among the largest rare coin and precious metals companies in America.
1st Capital Reserve's manager, Forest Hamilton, described the combination as an exceptionally positive business development for its large nationwide roster of clients. "For years, Universal Coin & Bullion's President, Mike Fuljenz, has served as Chief Numismatic Consultant to 1st Capital Reserve and many of his award-winning writings and recommendations were featured in our newsletters and company literature. Now, with the integration of 1st Capital Reserve into Universal Coin & Bullion, our clients can directly benefit from UCB's vast numismatic experience and stronger buying resources. These collective resources and numismatic experiences will more effectively serve our clients' needs. Everyone at 1st Capital Reserve could not be happier. We look forward to working with Mike's vastly experienced team."
Mike Fuljenz, who has received twenty-four awards from the prestigious Numismatic Literary Guild over the past two decades for his books, newsletters and in depth investigative reporting on rare coins and precious metals, praised Hamilton's team at 1st Capital Reserve and was excited about the additional resources the acquisition brings to his company. "I have worked closely with Forest Hamilton and his organization, 1st Capital Reserve, since its inception and have found them to be one of the most successful, dedicated and service oriented teams in the country. Additionally, Mr. Hamilton is one of the most respected and capable managers I have ever encountered in my long career. I look forward to adding his talents and experience to our team. The resources of the combined companies further enhance Universal Coin and Bullion's ability to continue its acquisitions of the best rare coins available for our clients. We look forward to continued growth and the merger with 1st Capital Reserve is a giant step forward towards that goal."
Effective immediately, 1st Capital Reserve will operate under the Universal Coin & Bullion, Ltd. umbrella and its clients will be directly notified of the merger within the week. 1st Capital Reserve's monthly newsletter, The Intelligent Investors' Advisory, will suspend publication and all clients with active subscriptions, will begin receiving Universal Coin & Bullion's award-winning newsletter, Investor's Profit Advisory. There first issue will be the February 2007 release. 1st Capital Reserve's website at www.1stcapitalreserve.com will remain operating for a brief period while it functions are integrated into Universal Coin & Bullion's site at www.universalcoin.com. The new expanded site will serve the combined companies clients and is expected to be completed within a month. After that, 1st Capital Reserve's website will cease operation.
Established in 1994 in Beaumont, under Fuljenz' leadership Universal Coin and Bullion has become one of the leading rare coin companies in the country. It employs over fifty local residents on a full-time basis who serve a nationwide clientele of elite coin collectors. Universal Coin and Bullion is also a member of both the Southeast Texas Chapter of the Better Business Bureau and the Better Business Bureau online and supports numerous local organizations including the L.L. Melton YMCA, Lamar University, The 100 Club of Jefferson & Hardin County and The Garth House.
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