Collectors Need Coins
Tuesday, May 30, 2006
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And this is the week to stock up. The Long Beach Expo has arrived with all the major auctions supplying a tremendous amount of rarities. If you are a buyer, this is the week and Southern California is the place. Along with the Long Beach Convention, Heritage will host another Signature Sale to which collectors have become accustomed. The number of rarities in this sale is sure to make this a very successful event. The collector market continues to blaze. Retailers are doing a great job of locating coins for collectors excited about the prospects of future profits. The more shows we attend, the more we see how aggressive the collector has become over the last year or so. Theyve done their homework with current prices; they know certain ranges for the quality expected and are quick to make purchases. These collectors are well aware of other competitors waiting around the corner for the right coin at the right price. We may see metals move back and forth, but the coin market is headed to higher levels. All things considered, as long as the demand remains what it is today, the lack of supplies will take care of prices. We have seen generic Morgan and Peace Dollars absolutely jump over the last few weeks, after remaining in a funk for quite a long time. Thousands of MS63 MS66 coins are going off the market and the number of coins resting in dealer inventories has dwindled considerably. In addition, the generics have caught up to some of the better dates so we are seeing some collectors paying just a little more to get Dollars that have are considered to be a little tougher to get and always command a premium in a normal market. -What's Hot? $5 Indian Gold MS63 and Higher $10 Indian Gold MS63 and Higher BU Rolls Dollars, Walkers, Franklins Gold Commems MS63 and Higher Silver Commems MS63 and Higher Barber Coins MS63 and higher Early Gold -- $2 ½, $5, & $10 XF & higher Early Bust Halves & Dollars Fine and Higher Battle Creek Dollars Lovely Toned Morgans Carson City Dollars Govt Holders Carson City Dollars NGC Certified Mercury Dimes MS63 & up 1916-30 Walkers 1916 to 1947 MS63 and higher Indian Cents Red & Red/Brown MS & Proof Early Lincoln Cents Red; MS64 & higher Key Dates in all series Dollars Morgan & Peace in MS63 and Higher -What's Not? Modern Commems Without Govt. package State Quarters PR issues under 69 require discounts -Other Requests 1893 S Morgan Dollar Sell ANACS VF30 1911 D $10 Indian MS64 PCGS 1876 $1 Gold VF or XF
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