Recently a reader asked why common-date certified Mint State 65 Morgan dollars retail for around $150, when 1-ounce silver rounds retail for several dollars over the spot price of an ounce of silver. The answer is that a finite number of Morgan dollars is available, while availability of silver rounds is generally unlimited.
The increased interest in bullion over the past year has had a mildly ...
Full Article: Relative value key point - Coin Values
Collecting copper coins can be very challenging. Many of the Red copper coins are hard to find and to top it off, copper coin collectors are also some of the most aggressive collectors in today's coin market.
One of the reasons that copper coin collectors are considered so aggressive is because they will step up and pay significant premiums for coins that display completely ...
Full Article: Price Differences for Brown, Red Brown and Red Coins - PCGS
Unlike the market for classic United States coins, where the market is becoming increasingly picky about quality, the market for modern coins still in their government packages is more about supply and demand than connoisseurship.
The past several months have seen wild fluctuations in the prices of Proof American Eagle gold coins and to a lesser extent the Proof American Eagle silver counterparts. Heavy demand at the wholesale level is driving ...
Full Article: American Eagles swing - Coin Values
The copper-nickel 3-cent coin, struck from 1865 to 1889, is among the more easily-forgotten U.S. issues. From a market prospective, the series is rarely hot, and examples don’t often generate record prices or headlines when offered for sale.
The coins are generally widely available in all conditions. Three primary classes buy these coins ...
Full Article: 3¢ coins have their fans - Coin Values
One of the most sought after coins released by the United States Mint last year was the 2009 Ultra High Relief $20 Double Eagle Gold Coin.
These Ultra High Relief (UHR) strikes were so desired that an amazing 28,173 flew off US Mint’s shelves in the very first day of availability (January 22, 2009). And that was with a one per household order limit in place. They sold for $1,189. That accounted for a premium of almost $330 over the then current spot price of the one ounce of gold they contained.
But that would prove to be a bargain when gold continued to climb the rest of the year. By the 31st of December, the last day in which the Mint was accepting orders for the UHRs, their $1,489 purchase price was the highest it had been all year — exactly three hundred dollars over where ...
Full Article: 2009 UHR Gold Coin Values - CoinNews
Robust public attendance at the Feb. 4 to 6 Long Beach Coin, Stamp & Expo, in California fueled by the $10 million Ship of Gold display blended with rapidly declining bullion markets and winter weather that affected the travel plans of many participants, to create a mixed show.
By all accounts, public attendance was strong, with registration lines circling the convention center at several times during the convention. By Friday's end, collectors had eagerly ...
Full Article: Expo feels gold price fall - Coin Values
The Florida United Numismatists convention in January is arguably the most robust show of the year in terms of the value of coins changing hands. The large auctions propel thousands of coins into the marketplace (Heritage's U.S. coin sessions at the 2010 FUN convention realized nearly $37 million) ... A 1907 Saint-Gaudens, High Relief gold $20 double eagle graded Proof 68 by Numismatic Guaranty Corp. realized ...
Full Article: Saints heat up auctions - Coin Values
While gold and silver prices have been gyrating dramatically during the past few months, one collecting area that has remained solid surrounds Proof and Mint sets, with steadily increasing demand for 2008-S Proof sets providing some buyers with easy profits.
On a weekly basis, prices for a specific set can ebb and flow based on demand from major wholesalers putting together quantities for promotions. Once the orders are filled ...
Full Article: 2008 Proof sets popular - Coin Values
The discovery of the SS Central America in 1987 with tons of gold coins and ingots made some coins more accessible to collectors and created new objects for collectors to enjoy.
For example, more than 5,200 1857-S Coronet gold $20 double eagles were recovered from the SS Central America, many in Mint State. These coins were conserved by the salvors, graded by ...
Full Article: Treasure coins popular - Coin Values