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The next few weeks should determine whether the coin market has started to slow down somewhat as some dealers suggest. With all the ANA activities and major auctions we should be able to analyze this data to see if prices are beginning to soften. On the other side of this theory, some dealers...
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Denver is the center of the numismatic community for the next two weeks. The majority of numismatists will be in attendance for the same reason; the ANA Annual Money Show. The talk among dealers right now is the low premiums for U.S. Gold coins. We have seen large quantities of $10...
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With the ANA Money Show just two weeks away, there is a lot of anticipation around the country. There will be a couple of Pre-ANA Shows and several major auctions in Denver to attend. With the summer winding down, dealers expect that most vacationing dealers and collectors will be back into...
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While the coin market continues to be steady overall, as we previously mentioned, there continues to be bargains in the marketplace for a variety of issues. The $5 and $10 Indians are still very active but the more common dates have discounted from the recent highs. These are mostly in grades...
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Although it is just a bullion gold coin, the new $50 Gold Buffalo is drawing massive publicity around the country, generated notably by the popularity of the Buffalo Nickel. Not only can you still buy them from the U.S. Mint, many dealers already have them graded by NGC and PCGS and available...
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We all know that this can be a slow time of the year, but this year is becoming very strange. The overall market remains steady with lots of buyers still looking for specific coins in all price ranges. However, with several of the big buyers temporarily out of the market, presumably on...
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The metals are hot once again and it means that FMV is higher on all the bullion related material. When the market moves in such dramatic fashion, it usually attracts lots of buyers concerned with the overall economy and prices moving even higher. They tend to jump on the bandwagon before the...
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Dealers have begun to notice a slight slowdown in normal coin sales due to the summer season. However, the more aggressive collectors spending large sums of money for coins don’t seem to care that this is a slow period. In other words, inexpensive coins are not as active as they were a couple...
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The summer months are upon us and the market continues to be mostly steady to higher. Even though the summer can be a slow time of the year, FMV prices seem to be holding for the most part as buyers remain very competitive in their quest for specific coins. In addition, with the metals headed...
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While we monitor the apparent freefall of the metals market, the coin market remains very active. Dealers and collectors want and need thousands of coins. On the dealer trading networks there has been some discounting of key date coins. However, many of these are not nice coins for the grade....
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Even the small coin shows are getting record attendance and dealers are reporting that sales are extremely profitable with consistency. Collectors are intense and want coins now because they feel that FMV prices will go higher in the future. The major auctions reveal about the same data. The...
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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...
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Even though the metals continue to seek lower levels, the coin market remains very active. The metals suffered through the worst period in several months this past week as Gold, Silver and Platinum lost much of the ground they gained over the previous couple of weeks. Yet, we are seeing many...
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That is the sound of the metals retreating this morning. After last week’s major increases in Gold, Silver and Platinum the market makers decided to take profits today and the turnaround was massive. Last week Gold rose above the $700 mark and looked very strong; however, this morning it is...
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Let me repeat this; the coin market is hot. Most numismatists know this and are in the midst of acquiring. The confidence level in this market is well above average and many feel that it will not let up for some time to come. You can pick almost any series and there are specific coins by grade...
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The coin market is so hot that even Columbus, Ohio was successful. The Central States Coin Show was just finished and many dealers were compelled to offer their success stories. Mostly wholesale business but the want lists continue to attract. We are seeing prices jump dramatically in many...
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After bursting through recent high water marks last week, the metals suddenly reversed and profit-taking was the next order of business. This is the time when those in the know reap tremendous benefits by creating major swings in the metals. Of course, when this occurs someone is on the other...
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Original rolls of just about anything are extremely hot right now. Even Modern Eagles can be sold by the roll to any number of dealers who have customers for the bullion related material. However, the most active rolls are Morgan and Peace Dollars, Walkers (when you can find them), and...
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Despite the fear of tornadoes the Atlanta ANA was as busy as any show this year. The market does not see any trepidation at this point with buyers trying to pry coins away from sellers. The wholesale business is fast and furious and dealers are attempting to get in on the first look of any new...
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The Santa Clara Expo just ended and now most of the nation’s top dealers will be headed to Atlanta for the Mid Winter ANA. The action does not slow as the market remains very strong and buyers have to be aggressive if they want to capture their share of the trading. Dealers in Santa Clara...
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