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We are finding a remarkable amount of activity, both in wholesale and retail sales. The perception may be that the overall coin market is soft but we feel this is not correct. Generic coins may be lower and more difficult to sell at this time but we see plenty of wholesale activity at the new...
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Most dealers are trying to adjust to the new coinage the U.S. Mint is producing and selling to the public at large. They are the only coin dealers that can get away with selling coins and not offering to buy them back. They also have the ability to advertise in all forms of the media using...
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This is the time that most astute dealers are taking advantage of the “cheap” premiums on U.S. Gold. The market for the most generic gold coins is about as soft as we can remember in many years. There are some market makers offering to sell Twenty Dollar Gold coins at slightly above the...
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We are seeing positive signs that more areas of the coin market are receiving attention from dealers and collectors. While generic Morgan & Peace Dollars are still soft, along with common U.S. Gold, common date Buffalo Nickels, Mercury Dimes, Walkers and even Franklins are on many want...
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The Long Beach Coin Expo just completed a whirlwind week of activity that revealed a very strange behavior. Many dealers are trading at new, lower levels, especially for generic coins. The metals have really hurt the bottom-line for dealers normally carrying a large inventory of bullion...
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Metals are seemingly feeling the pain, making a major turn downward on this historic day as Americans pause to mark the fifth anniversary of the September 11th attacks. Against most analyst predictions Gold moved back below the $600 level and was down as much as $26; it is attempting a small...
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Dealers from all over the country are already beginning to arrive for the next two shows in Southern California. The Anaheim Coin and Collectibles Expo begins this Thursday and will run through Saturday. This is followed closely by the Long Beach Expo, September 14-16. Heritage Galleries hosts...
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We have definitely entered a new market for the time being. We are still seeing lots of money being spent by lots of different types of collectors. However, they are looking for very specific coins. We would still have to describe the coin market as hot but there are certain series that are...
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Rarities sell, expensive coins are strong and coins with a story are sought by collectors and investors. However, generic coins appear to be just a little soft as we found out in Denver at the just concluded ANA. There were plenty of dealers and collectors to view the hoard of 1933 $20 Gold...
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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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