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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
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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
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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
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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
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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
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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
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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
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In fields such as fine art and jewelry, market commentators have pointed out the growing divide between the best and the rest. Heritage Auction Galleries' Platinum Night U.S. coin auction at the January Florida United Numismatists shows that more than ever, well-heeled collectors are all gravitating toward a handful of landmark rarities.
The performance of top rarities at auction is important because ...
Full Article: The best and the rest - Coin Values
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For the last several years Coin World has provided a "Classic U.S. Rarities Key-Date Investment Index" to the Wall Street Journal for use in its Investment Scoreboard.
For 2009, a decline of 7.9 percent was recorded in the rare coin index. The index consists of 82 coins total: 15 copper, five copper-nickel, 39 silver and 23 gold coins with a total 2009 value exceeding $11.8 million ...
Full Article: 2009 index shows drop - Coin Values
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