The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M COMPANY COM 88579Y101 30,364 216,499 SH   SOLE   215,899 0 600
ADT CORP. COM 00101j106 10,604 262,010 SH   SOLE   261,010 0 1,000
ADVANCE AUTO PARTS COM 00751Y106 221 2,000 SH   SOLE   2,000 0 0
ALLSTATE CORP. COM 020021010 382 7,000 SH   SOLE   7,000 0 0
ALTRIA GROUP INC. COM 02209S103 1,075 27,991 SH   SOLE   27,991 0 0
AMAZON.COM COM 023135106 239 600 SH   SOLE   600 0 0
AMERISOURCEBERGEN COM 03073E105 211 3,000 SH   SOLE   3,000 0 0
APPLE INC COM 037833100 3,667 6,537 SH   SOLE   6,537 0 0
ARES CAP CORP COM 04010L103 533 30,000 SH   SOLE   30,000 0 0
ASCENT CAPITAL GROUP INC SERIE COM 043632108 18,053 211,000 SH   SOLE   211,000 0 0
AT&T CORP. COM 001957109 1,422 40,454 SH   SOLE   40,454 0 0
BEAM INC. COM 349631101 7,541 110,798 SH   SOLE   110,798 0 0
BERKSHIRE HATHAWAY CL A COM 084670108 1,067 6 SH   SOLE   6 0 0
BERKSHIRE HATHAWAY CL B COM 084670702 14,250 120,195 SH   SOLE   119,945 0 250
BP PLC - SPONS ADR COM 056622104 303 6,238 SH   SOLE   6,238 0 0
BRISTOL-MYERS COM 110122108 354 6,659 SH   SOLE   6,659 0 0
CATERPILLAR INC COM 149123101 282 3,100 SH   SOLE   3,100 0 0
CHEVRON CORP COM 166764100 12,078 96,695 SH   SOLE   96,045 0 650
CISCO SYSTEMS COM 17275R102 9,084 404,990 SH   SOLE   403,890 0 1,100
CME GROUP INC COM 12572Q105 290 3,700 SH   SOLE   3,700 0 0
CNO FINANCIAL COM 12621E103 28,378 1,604,200 SH   SOLE   1,604,200 0 0
COACH INC. COM 189754104 226 4,022 SH   SOLE   4,022 0 0
COCA COLA CO COM 191216100 12,975 314,099 SH   SOLE   312,399 0 1,700
CONOCOPHILLIPS COM 20825C104 530 7,500 SH   SOLE   7,500 0 0
CORNING, INC. COM 219350105 16,117 904,429 SH   SOLE   902,429 0 2,000
CRIMSON WINE GROUP LTD COM 22662X100 336 38,000 SH   SOLE   38,000 0 0
CVS CAREMARK COM 126650100 22,901 319,980 SH   SOLE   319,980 0 0
DEERE & CO COM 244199105 17,851 195,460 SH   SOLE   194,260 0 1,200
DISCOVER COMM C COM 25470F302 22,139 264,000 SH   SOLE   264,000 0 0
DOVER CORP COM 260003108 1,844 19,100 SH   SOLE   19,100 0 0
DU PONT COM 263534109 17,509 269,500 SH   SOLE   268,350 0 1,150
EMC CORP./MASS COM 268648102 725 28,838 SH   SOLE   28,838 0 0
EXXON MOBIL COM 30231G102 2,206 21,798 SH   SOLE   21,798 0 0
FEDERAL MOGUL COM 313549404 25,210 1,281,000 SH   SOLE   1,281,000 0 0
FEDERATED INVS. COM 314211103 416 14,447 SH   SOLE   14,447 0 0
FORTUNE BRANDS HOME & SECURITY COM 34964c106 3,085 67,500 SH   SOLE   67,500 0 0
FOSTER LB CO. COM 350060109 377 7,980 SH   SOLE   7,980 0 0
FREEPORT-MCMORAN COM 35671d857 12,142 321,717 SH   SOLE   320,217 0 1,500
GENERAL ELECTRIC COM 369604103 985 35,134 SH   SOLE   35,134 0 0
GENERAL MOTORS COM 37045v100 21,128 516,957 SH   SOLE   513,771 0 3,186
GENWORTH FINL COM 37247D106 155 10,000 SH   SOLE   10,000 0 0
GOOGLE INC COM 38259P508 1,923 1,716 SH   SOLE   1,716 0 0
HALCON RES CORP COM 40537Q209 347 90,000 SH   SOLE   90,000 0 0
HALLIBURTON CO. COM 406216101 440 8,662 SH   SOLE   8,662 0 0
HALLMARK FINL SVCS INC COM 40624Q203 7,508 845,000 SH   SOLE   845,000 0 0
HARMAN INTL. COM 413086109 25,034 305,850 SH   SOLE   305,300 0 550
HENRY SCHEIN COM 806407102 645 5,645 SH   SOLE   5,645 0 0
ILLINOIS TOOL WKS COM 452308109 247 2,938 SH   SOLE   2,938 0 0
INTEL CORP COM 458140100 9,646 371,660 SH   SOLE   368,660 0 3,000
INTL. BUS. MACHINES COM 459200101 337 1,797 SH   SOLE   1,797 0 0
J.P. MORGAN CHASE COM 46625H100 14,937 255,424 SH   SOLE   253,674 0 1,750
JAKKS PAC INC COM 47012e106 5,309 790,000 SH   SOLE   790,000 0 0
JOHNSON&JOHNSON COM 478160104 9,997 109,145 SH   SOLE   109,145 0 0
KINDER MORGAN ENERGY PRTNRS. L COM 494550106 215 2,668 SH   SOLE   2,668 0 0
KKR FINANCIAL COM 48248a306 122 10,000 SH   SOLE   10,000 0 0
LEAPFROG ENTER COM 52186N106 238 30,000 SH   SOLE   30,000 0 0
LIBERTY INTERACTIVE CORP-SER A COM 53071M104 12,620 430,000 SH   SOLE   430,000 0 0
MCDONALD'S CORP. COM 580135101 462 4,759 SH   SOLE   4,759 0 0
MCEWEN MNG INC COM 58039P107 8,625 4,400,440 SH   SOLE   4,400,440 0 0
MERCK & CO. INC. COM 58933Y105 269 5,365 SH   SOLE   5,365 0 0
MERGE HEALTHCARE INC. COM 589499102 1,230 530,000 SH   SOLE   530,000 0 0
MICROSOFT CORP COM 594918104 24,703 660,341 SH   SOLE   657,841 0 2,500
MONDELEZ INTL COM 609207105 386 10,941 SH   SOLE   10,941 0 0
NABORS INDUSTRIES COM g6359f103 19,612 1,154,300 SH   SOLE   1,153,300 0 1,000
NEWMONT MINING COM 651639106 499 21,650 SH   SOLE   21,650 0 0
NUANCE COMM. COM 67020Y100 15,149 996,650 SH   SOLE   996,650 0 0
ORACLE CORP. COM 68389X105 265 6,920 SH   SOLE   6,920 0 0
PFIZER INC COM 717081103 20,138 657,447 SH   SOLE   654,947 0 2,500
PHILIP MORRIS INTl. COM 718172109 17,402 199,722 SH   SOLE   198,322 0 1,400
PHILLIPS 66 COM 718546104 270 3,500 SH   SOLE   3,500 0 0
PNC FINANCIAL COM 693475105 744 9,591 SH   SOLE   9,591 0 0
PROCTER & GAMBLE COM 742718109 367 4,507 SH   SOLE   4,507 0 0
QUALCOMM INC. COM 747525103 28,621 385,473 SH   SOLE   383,673 0 1,800
ROYAL DUTCH SHELL COM 780259206 1,298 18,207 SH   SOLE   18,207 0 0
SOLARCITY CORP COM 83416T100 284 5,000 SH   SOLE   5,000 0 0
SOUTHWSTRN ENERGY COM 845467109 747 19,000 SH   SOLE   19,000 0 0
THERATECHNOLOGIES INC COM COM 88338H100 7 15,000 SH   SOLE   15,000 0 0
TITAN INTL INC COM 88830M102 449 25,000 SH   SOLE   25,000 0 0
TRISTATE CAP HLDGS INC COM COM 89668F100 119 10,000 SH   SOLE   10,000 0 0
UNITED BANKSHARES COM 909907107 2,675 85,069 SH   SOLE   85,069 0 0
UNITED COMMUNITY BANKS INC COM 90984P303 7,499 422,500 SH   SOLE   422,500 0 0
USG CORP NEW COM 903293405 8,996 317,000 SH   SOLE   317,000 0 0
VERIZON COMM. COM 92343V104 9,879 201,041 SH   SOLE   201,041 0 0
WEBMD HEALTH COM 94770v102 9,396 237,865 SH   SOLE   237,865 0 0
WELLS FARGO CO. COM 949746101 215 4,736 SH   SOLE   4,736 0 0
WYNN RESORTS LTD COM 983134107 291 1,500 SH   SOLE   1,500 0 0
ZIMMER HOLDINGS COM 98956P102 18,487 198,385 SH   SOLE   198,385 0 0
ISHARES CORE S&P MID-CAP MUTUAL 464287507 401 3,000 SH   SOLE   3,000 0 0
ISHARES RUSSELL 1000 INDEX MUTUAL 464287622 1,143 11,076 SH   SOLE   11,076 0 0
ISHARES RUSSELL MIDCAP VALUE MUTUAL 464287473 263 4,000 SH   SOLE   4,000 0 0
MARKET VECTORS GOLD MINERS MUTUAL 57060U100 7,714 365,065 SH   SOLE   363,065 0 2,000
SPDR S&P 400 MIDCAP MUTUAL 78467Y107 554 2,268 SH   SOLE   2,268 0 0
SPDR S&P 500 ETF MUTUAL 78462F103 291 1,575 SH   SOLE   1,575 0 0
WISDOMTREE LARGECAP DIV MUTUAL 97717W307 1,763 26,495 SH   SOLE   26,495 0 0
iSHARES DIVIDEND MUTUAL 464287168 237 3,321 SH   SOLE   3,321 0 0
iSHARES PREFERRED STOCK INDEX MUTUAL 464288687 578 15,700 SH   SOLE   15,700 0 0
iSHARES RUSSELL 1000 GROWTH MUTUAL 464287614 60,513 704,051 SH   SOLE   701,151 0 2,900
iSHARES RUSSELL 1000 VALUE MUTUAL 464287598 1,179 12,520 SH   SOLE   12,520 0 0
ISHARES EAFE GROWTH INDEX COM 464288885 5,595 78,280 SH   SOLE   78,080 0 200
ISHARES MSCI EMERGING MKTS COM 464287234 260 6,217 SH   SOLE   6,217 0 0
MARKET VECTORS VIETNAM ETF COM 57060U761 263 14,000 SH   SOLE   14,000 0 0
SPDR S&P INTL. DIVIDEND COM 78463X772 2,421 51,025 SH   SOLE   51,025 0 0
ETFS PLATINUM TRUST ALTCOM 26922V101 268 2,000 SH   SOLE   2,000 0 0
GUGGENHEIM GLOBAL TIMBER ALTCOM 18383Q879 433 16,700 SH   SOLE   16,700 0 0
ISHARES GOLD TRUST ALTCOM 464285105 639 54,705 SH   SOLE   54,705 0 0
MARKET VECTORS AGRIBUSINESS ALTCOM 57060u605 499 9,150 SH   SOLE   9,150 0 0
SPDR GOLD TRUST ALTCOM 78463v107 8,788 75,678 SH   SOLE   75,278 0 400
TOCQUEVILLE GOLD FUND ALTCOM 888894862 404 12,271 SH   SOLE   12,271 0 0
EATON VANCE LIMITED DURATION BOND 27828H105 424 27,700 SH   SOLE   27,700 0 0
ISHARES BARCLAYS 1-3 YR TREAS BOND 464287457 637 7,550 SH   SOLE   7,550 0 0
ISHARES FLOATING RATE NOTE BOND 46429b655 1,443 28,450 SH   SOLE   26,450 0 2,000
POWERSHARES SENIOR LOAN ETF BOND 73936Q769 1,177 47,300 SH   SOLE   44,300 0 3,000
SCHWAB S/T U.S. TREAS BOND 808524862 2,330 46,100 SH   SOLE   46,100 0 0
SPDR SHORT-TERM CORPORATE BOND BOND 78464A474 3,468 113,015 SH   SOLE   113,015 0 0
VAN KAMPEN DYNAMIC CREDIT BOND 921166104 174 13,500 SH   SOLE   13,500 0 0
iSHARES BARCLAYS 1-3 YR CREDIT BOND 464288646 2,251 21,341 SH   SOLE   21,341 0 0
iSHARES BARCLAYS TIPS BOND 464287176 220 2,000 SH   SOLE   2,000 0 0
iSHARES CORE TOTAL US BOND MAR BOND 464287226 7,386 69,400 SH   SOLE   68,400 0 1,000
iSHARES INTERMED. CREDIT BOND 464288638 297 2,750 SH   SOLE   2,750 0 0
BLACKROCK MUNIYIELD INV FUND TAX-FREE 09254R104 329 24,000 SH   SOLE   24,000 0 0
DELAWARE INVSMTS. COLORADO MUN TAX-FREE 246101109 124 10,000 SH   SOLE   10,000 0 0
NUVEEN MUNI VALUE TAX-FREE 670928100 371 41,000 SH   SOLE   41,000 0 0
PUTNAM MUNI OPPORT TRUST TAX-FREE 746922103 389 36,220 SH   SOLE   36,220 0 0
SPDR SHORT TERM MUNICIPAL TAX-FREE 78464A425 10,678 439,600 SH   SOLE   439,600 0 0
iSHARES NATIONAL AMT-FREE MUNI TAX-FREE 464288414 373 3,600 SH   SOLE   3,600 0 0
CHAMBERS STREET PROPERTIES REI OTHER 157842105 84 11,000 SH   SOLE   11,000 0 0