Strong demand for coins despite falling gold and silver



The price of gold and silver commodities drifted south for some time, which impacted the price of the American Eagle and other bullion coins. Despite this slowdown, it does not appear to have changed the almost unquenchable thirst for these coins or the striking coins in circulation but impacted by bullion. Prices adjusted accordingly, but demand did not weaken. This is important because bullion, along with new US Mint coin issues, are the two most likely gateway product areas through which investors can become serious coin collectors as well.

Values ​​may be lower for common date gold, but demand for these coins continues unabated. An interesting but unscientific sidebar: At the time of writing this review, it appears from my personal observations that there is a significantly low inventory of $ 10 Coronet Eagle coins available.

Collectible coins but reasonably available in all denominations remain the goal of most collectors, while the market for truly rare to rare coins continues to grow. Collectors and investors seem to be the buyers in this market sector. Not all rare coins set record prices, but the prices they do achieve are attractive.

Another benefit to the hobby recently occurred when the Anti-Counterfeiting Educational Foundation, Numismatic Guaranty Company, and Professional Numismatists Guild sent a letter to Facebook asking the social media company to respond that Facebook “has become the predominant choice of certain fraudsters “. We will see if a positive response is received.

The overall coin market can at this stage be described as “excellent”. There is a lot of interest and a lot of strength in the hobby of kings.



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