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 29,340 216,276 SH   SOLE   215,676 0 600
ADT CORP. COM 00101j106 10,296 343,760 SH   SOLE   342,760 0 1,000
ALBANY MOLECULAR COM 012423109 558 30,000 SH   SOLE   30,000 0 0
ALLSTATE CORP. COM 020021010 396 7,000 SH   SOLE   7,000 0 0
ALTRIA GROUP INC. COM 02209S103 1,048 27,991 SH   SOLE   27,991 0 0
AMAZON.COM COM 023135106 202 600 SH   SOLE   600 0 0
APPLE INC COM 037833100 3,522 6,561 SH   SOLE   6,561 0 0
ARES CAP CORP COM 04010L103 529 30,000 SH   SOLE   30,000 0 0
ASCENT CAPITAL GROUP INC SERIE COM 043632108 16,697 221,000 SH   SOLE   221,000 0 0
AT&T CORP. COM 001957109 1,408 40,139 SH   SOLE   40,139 0 0
BB&T CORP. COM 054937107 201 5,000 SH   SOLE   5,000 0 0
BEAM INC. COM 349631101 7,838 94,098 SH   SOLE   94,098 0 0
BERKSHIRE HATHAWAY CL A COM 084670108 1,124 6 SH   SOLE   6 0 0
BERKSHIRE HATHAWAY CL B COM 084670702 15,622 125,005 SH   SOLE   124,755 0 250
BP PLC - SPONS ADR COM 056622104 300 6,238 SH   SOLE   6,238 0 0
BRISTOL-MYERS COM 110122108 267 5,135 SH   SOLE   5,135 0 0
CATERPILLAR INC COM 149123101 308 3,100 SH   SOLE   3,100 0 0
CHEVRON CORP COM 166764100 12,705 106,845 SH   SOLE   105,995 0 850
CHICO'S FAS INC. COM 168615102 23,314 1,454,400 SH   SOLE   1,452,400 0 2,000
CISCO SYSTEMS COM 17275R102 12,496 557,470 SH   SOLE   555,370 0 2,100
CNO FINANCIAL COM 12621E103 22,837 1,261,700 SH   SOLE   1,261,700 0 0
COCA COLA CO COM 191216100 14,697 380,149 SH   SOLE   378,449 0 1,700
CONOCOPHILLIPS COM 20825C104 528 7,500 SH   SOLE   7,500 0 0
CORNING, INC. COM 219350105 19,037 914,376 SH   SOLE   912,376 0 2,000
CRIMSON WINE GROUP LTD COM 22662X100 398 45,000 SH   SOLE   45,000 0 0
CUMMINS INC COM 231021106 209 1,400 SH   SOLE   1,400 0 0
CVS CAREMARK COM 126650100 23,967 320,154 SH   SOLE   320,154 0 0
DEERE & CO COM 244199105 19,296 212,510 SH   SOLE   211,310 0 1,200
DISCOVER COMM C COM 25470F302 21,191 275,000 SH   SOLE   275,000 0 0
DOVER CORP COM 260003108 2,297 28,100 SH   SOLE   28,100 0 0
DU PONT COM 263534109 18,872 281,250 SH   SOLE   280,100 0 1,150
EMC CORP./MASS COM 268648102 779 28,410 SH   SOLE   28,410 0 0
EXCO RES INC COM 269279402 9,593 1,713,000 SH   SOLE   1,713,000 0 0
EXXON MOBIL COM 30231G102 2,130 21,808 SH   SOLE   21,808 0 0
FACEBOOK COM 30303m102 217 3,600 SH   SOLE   3,600 0 0
FEDERAL MOGUL HOLDINGS COM 313549404 28,846 1,541,756 SH   SOLE   1,541,756 0 0
FEDERATED INVS. COM 314211103 380 12,447 SH   SOLE   12,447 0 0
FORTUNE BRANDS HOME & SECURITY COM 34964c106 2,840 67,500 SH   SOLE   67,500 0 0
FOSTER LB CO. COM 350060109 885 18,890 SH   SOLE   18,890 0 0
FREEPORT-MCMORAN COM 35671d857 13,111 396,465 SH   SOLE   394,965 0 1,500
GENERAL ELECTRIC COM 369604103 910 35,134 SH   SOLE   35,134 0 0
GENERAL MOTORS COM 37045v100 19,788 574,891 SH   SOLE   571,391 0 3,500
GENWORTH FINL COM 37247D106 266 15,000 SH   SOLE   15,000 0 0
GOOGLE INC C COM 38259P706 1,937 1,738 SH   SOLE   1,738 0 0
HALCON RES CORP COM 40537Q209 566 130,750 SH   SOLE   130,750 0 0
HALLIBURTON CO. COM 406216101 510 8,662 SH   SOLE   8,662 0 0
HALLMARK FINL SVCS INC COM 40624Q203 7,354 885,000 SH   SOLE   885,000 0 0
HENRY SCHEIN COM 806407102 674 5,645 SH   SOLE   5,645 0 0
ILLINOIS TOOL WKS COM 452308109 239 2,938 SH   SOLE   2,938 0 0
INTEL CORP COM 458140100 10,725 415,455 SH   SOLE   412,455 0 3,000
INTL. BUS. MACHINES COM 459200101 346 1,797 SH   SOLE   1,797 0 0
J.P. MORGAN CHASE COM 46625H100 16,174 266,412 SH   SOLE   264,662 0 1,750
JAKKS PAC INC COM 47012e106 7,130 987,500 SH   SOLE   987,500 0 0
JOHNSON&JOHNSON COM 478160104 10,788 109,827 SH   SOLE   109,827 0 0
KNOWLES CORP COM 49926D109 444 14,050 SH   SOLE   14,050 0 0
LEAPFROG ENTER COM 52186N106 225 30,000 SH   SOLE   30,000 0 0
LIBERTY INTERACTIVE CORP-SER A COM 53071M104 13,769 476,924 SH   SOLE   476,924 0 0
MCDONALD'S CORP. COM 580135101 467 4,759 SH   SOLE   4,759 0 0
MCEWEN MNG INC COM 58039P107 10,429 4,400,440 SH   SOLE   4,400,440 0 0
MERCK & CO. INC. COM 58933Y105 305 5,365 SH   SOLE   5,365 0 0
MERGE HEALTHCARE INC. COM 589499102 1,623 665,000 SH   SOLE   665,000 0 0
MICROSOFT CORP COM 594918104 27,378 667,924 SH   SOLE   665,424 0 2,500
MONDELEZ INTL COM 609207105 378 10,941 SH   SOLE   10,941 0 0
NABORS INDUSTRIES COM g6359f103 30,700 1,245,450 SH   SOLE   1,244,450 0 1,000
NANOVIRICIDES COM 630087203 192 60,000 SH   SOLE   60,000 0 0
NEWMONT MINING COM 651639106 675 28,800 SH   SOLE   28,800 0 0
NUANCE COMM. COM 67020Y100 22,564 1,314,150 SH   SOLE   1,314,150 0 0
ORACLE CORP. COM 68389X105 242 5,920 SH   SOLE   5,920 0 0
PFIZER INC COM 717081103 21,218 660,574 SH   SOLE   658,074 0 2,500
PHILIP MORRIS INTl. COM 718172109 19,346 236,303 SH   SOLE   234,903 0 1,400
PHILLIPS 66 COM 718546104 270 3,500 SH   SOLE   3,500 0 0
PNC FINANCIAL COM 693475105 834 9,591 SH   SOLE   9,591 0 0
PROCTER & GAMBLE COM 742718109 363 4,507 SH   SOLE   4,507 0 0
QUALCOMM INC. COM 747525103 30,308 384,323 SH   SOLE   382,523 0 1,800
ROYAL DUTCH SHELL COM 780259206 1,330 18,207 SH   SOLE   18,207 0 0
SOLARCITY CORP COM 83416T100 313 5,000 SH   SOLE   5,000 0 0
SOUTHWSTRN ENERGY COM 845467109 874 19,000 SH   SOLE   19,000 0 0
TELSA MOTORS COM 88160R101 240 1,150 SH   SOLE   1,150 0 0
THERATECHNOLOGIES INC COM COM 88338H100 6 15,000 SH   SOLE   15,000 0 0
TITAN INTL INC COM 88830M102 1,065 56,100 SH   SOLE   56,100 0 0
TRISTATE CAP HLDGS INC COM COM 89668F100 384 27,000 SH   SOLE   27,000 0 0
UNITED BANKSHARES COM 909907107 2,605 85,069 SH   SOLE   85,069 0 0
UNITED COMMUNITY BANKS INC COM 90984P303 8,589 442,500 SH   SOLE   442,500 0 0
UNITEDHEALTH GROUP COM 91324P102 200 2,440 SH   SOLE   2,440 0 0
USG CORP NEW COM 903293405 10,798 330,000 SH   SOLE   330,000 0 0
VERIZON COMM. COM 92343V104 11,916 250,492 SH   SOLE   249,892 0 600
WELLS FARGO CO. COM 949746101 236 4,736 SH   SOLE   4,736 0 0
WYNN RESORTS LTD COM 983134107 333 1,500 SH   SOLE   1,500 0 0
ZIMMER HOLDINGS COM 98956P102 18,562 196,260 SH   SOLE   196,260 0 0
ISHARES CORE S&P MID-CAP MUTUAL 464287507 412 3,000 SH   SOLE   3,000 0 0
ISHARES RUSSELL 1000 INDEX MUTUAL 464287622 1,160 11,076 SH   SOLE   11,076 0 0
MARKET VECTORS GOLD MINERS MUTUAL 57060U100 8,712 369,065 SH   SOLE   367,065 0 2,000
SPDR S&P 400 MIDCAP MUTUAL 78467Y107 376 1,500 SH   SOLE   1,500 0 0
SPDR S&P 500 ETF MUTUAL 78462F103 295 1,575 SH   SOLE   1,575 0 0
WISDOMTREE LARGECAP DIV MUTUAL 97717W307 1,704 25,195 SH   SOLE   25,195 0 0
iSHARES DIVIDEND MUTUAL 464287168 243 3,321 SH   SOLE   3,321 0 0
iSHARES PREFERRED STOCK INDEX MUTUAL 464288687 652 16,700 SH   SOLE   16,700 0 0
iSHARES RUSSELL 1000 GROWTH MUTUAL 464287614 61,171 706,851 SH   SOLE   703,951 0 2,900
iSHARES RUSSELL 1000 VALUE MUTUAL 464287598 874 9,057 SH   SOLE   9,057 0 0
ISHARES EAFE GROWTH INDEX COM 464288885 6,239 87,930 SH   SOLE   87,730 0 200
ISHARES MSCI EMERGING MKTS COM 464287234 310 7,557 SH   SOLE   7,557 0 0
MARKET VECTORS VIETNAM ETF COM 57060U761 304 14,000 SH   SOLE   14,000 0 0
SPDR EMERGING MARKETS DIVIDEND COM 78463X533 211 5,550 SH   SOLE   5,550 0 0
SPDR S&P INTL. DIVIDEND COM 78463X772 2,406 49,525 SH   SOLE   49,525 0 0
ANNALY CAPITAL MGMT REIT ALTCOM 035710409 2,293 209,000 SH   SOLE   205,000 0 4,000
ETFS PLATINUM TRUST ALTCOM 26922V101 276 2,000 SH   SOLE   2,000 0 0
GUGGENHEIM GLOBAL TIMBER ALTCOM 18383Q879 423 16,700 SH   SOLE   16,700 0 0
ISHARES GOLD TRUST ALTCOM 464285105 681 54,705 SH   SOLE   54,705 0 0
MARKET VECTORS AGRIBUSINESS ALTCOM 57060u605 514 9,450 SH   SOLE   9,450 0 0
SPDR GOLD SHARES ALTCOM 78463v107 9,358 75,708 SH   SOLE   75,308 0 400
TOCQUEVILLE GOLD FUND ALTCOM 888894862 468 12,271 SH   SOLE   12,271 0 0
EATON VANCE LIMITED DURATION BOND 27828H105 422 27,700 SH   SOLE   27,700 0 0
ISHARES BARCLAYS 1-3 YR TREAS BOND 464287457 638 7,550 SH   SOLE   7,550 0 0
ISHARES FLOATING RATE NOTE BOND 46429b655 1,569 30,950 SH   SOLE   28,950 0 2,000
POWERSHARES SENIOR LOAN ETF BOND 73936Q769 1,198 48,300 SH   SOLE   45,300 0 3,000
SCHWAB S/T U.S. TREAS BOND 808524862 2,745 54,300 SH   SOLE   54,300 0 0
SPDR SHORT-TERM CORPORATE BOND BOND 78464A474 3,436 111,715 SH   SOLE   111,715 0 0
VAN KAMPEN DYNAMIC CREDIT BOND 921166104 175 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 224 2,000 SH   SOLE   2,000 0 0
iSHARES CORE TOTAL US BOND MAR BOND 464287226 7,467 69,200 SH   SOLE   68,200 0 1,000
iSHARES INTERMED. CREDIT BOND 464288638 300 2,750 SH   SOLE   2,750 0 0
BLACKROCK MUNIYIELD INV FUND TAX-FREE 09254R104 340 24,000 SH   SOLE   24,000 0 0
DELAWARE INVSMTS. COLORADO MUN TAX-FREE 246101109 133 10,000 SH   SOLE   10,000 0 0
NUVEEN MUNI VALUE TAX-FREE 670928100 387 41,000 SH   SOLE   41,000 0 0
PUTNAM MUNI OPPORT TRUST TAX-FREE 746922103 429 37,720 SH   SOLE   37,720 0 0
SPDR BARCLAYS MUNI BOND ETF TAX-FREE 78464A458 205 8,800 SH   SOLE   8,800 0 0
SPDR SHORT TERM MUNICIPAL TAX-FREE 78464A425 10,397 428,600 SH   SOLE   428,600 0 0
iSHARES NATIONAL AMT-FREE MUNI TAX-FREE 464288414 385 3,600 SH   SOLE   3,600 0 0