From the category archives:
Proof American Eagle gold coins have provided some sparks in the marketplace this past year, but the fast fall in prices over the past several weeks serves as a reminder that what goes up usually comes down. Some major buyers have stopped buying these and prices have fallen sharply.
For some smaller dealers who were stockpiling the coins in anticipation of continued demand, the change in the market means they have ...
Full Article: Proof bullion prices fall - Coin Values
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Perhaps it is time we take a second or even a first look at some of the lower mintage Mercury dime dates like the 1938-D. Right now the 1938-D seems fairly stable in terms of price, but you have to think that $34 for an MS-65 and $62 for an MS-65 with full split bands is awfully inexpensive considering its mintage and the potential for demand for a coin that is now more than 70 years old.
The 1938-D Mercury dime had a mintage of ...
Full Article: Will 1938-D Mercury make a move? - Numismatic News
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Information is a key component in determining an object's value and sometimes a nugget of a coin's history can substantially increase a coin's price.
For example, one could argue that research, suggesting that a 1794 Flowing Hair dollar graded Specimen 66 by Professional Coin Grading Service was the first silver dollar ever struck by the U.S. Mint, strongly boosted the coin's importance to justify the reported ...
Full Article: Information adds value - Coin Values
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The buzz before the American Numismatic Association World's Fair of Money in Boston, Aug. 10 to 14, is fantastic, and enough rarities are being offered in the related auctions to get any collector's blood pumping.
In more than a week of auctions, more than 10,000 lots will be offered, testing the depth of the current market and the reach of collectors and investors to go after top rarities. Three major auctions highlight the week ...
Full Article: 'Buzz' loud before show - Coin Values
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The continued drought of major rarities in the auction marketplace was evident at the Florida United Numismatists summer show, held July 8 to 10 in Orlando.
Yet, despite absence of six-figure coins, the sale realized a healthy $7.39 million, although that number is bound to grow as Heritage counts after-auction sales in the total amount realized for an auction.
Eight bidders competed for a 1867 Shield 5-cent coin, graded Proof 65 Cameo by Numismatic Guaranty Corp. It sold for ...
Full Article: Interesting coins lead - Coin Values
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Looking back to last year, 2009 was filled with a roller-coaster of events relating to the coin collecting world. Among the many highlights, new coin releases such as the Abraham Lincoln Commemorative Silver Dollar and the four redesigned 2009 Lincoln Cents are sure to be recalled by anyone even slightly familiar with the hobby.
The sharp US Mint June coin production increases may further jog the memory, reminding collectors of the historically low mintage levels in 2009. For the entire year, just 3,548,000,000 circulating coins were produced.
In comparison, 2008 had a production total of more than 10.1 billion and 2007 came in even higher over 14.4 billion. In fact, the last time the US Mint had circulating strikes at such a low level was forty-plus years ago.
With the 2009 coin production standing at a mere 34.98% of the previous year, it beckons one to research the numbers a bit further. In doing so, and as has been pointed out before on CoinNews...
Full Article: 2009 Nickels and Dimes Values - CoinNews
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July is traditionally a sleepy month for the coin market, as dealers enjoy a week or two of summer vacation before the juggernaut that is the American Numismatic Association summer convention, set this year Aug. 10 to 14 in Boston.
When counting the pre-show and associated auctions, the ANA World's Fair of Money provides more than a week of intense activity for the market. The introduction of the summer Florida United Numismatists show – this year July 8 to 11 in Orlando – has...
Full Article: Sleepy summertime? - Coin Values
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Sometimes, a weekly column focused on details of the market like this one appearing in Coin World needs to take a step back and discuss the basics.
It seems that the public dialogue about coins has increased recently, bolstered by high precious metal prices and a ready supply of people eager to exchange assets like coins for quick and easy cash.
Unfortunately, as one news story appearing on Page 1 of the July 12 issue of Coin World reveals, many people are choosing to sell their coins to national traveling buyers, often temporarily located at hotels ...
Full Article: Understanding pricing - Coin Values
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We all know that the coin market runs in cycles. The past couple of years, the overall market has been lower than the previous five years. Although, if you survey a group of major dealers across the country, some of them will tell you that the last two years have been the best in their business history. Coin cycles are much different today than they were twenty years ago. In the 1980s and 90s, when the coin market went south, most dealers had trouble selling coins, any coins. Some series were impossible to sell because ...
Full Article: Bargain Hunters Competing with Continued Optimism - Numismatic Guaranty Corporation
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