The coin market has continued to show some consolidation in 2018, continuing the trend we have seen for the last few years. The Professional Numismatists Guild (PNG) estimated that in 2017 the size of the Rare Coin market was about 3.5 billion dollars. This is down from 4 Billion dollars in 2016.
2017 marks my 30th year in the rare coin and bullion business, and in that time I’ve had the opportunity to observe and analyze many clients’ buying and selling patterns when it comes to bullion investing. Unfortunately, one of the patterns I see way too often is that clients tend to buy high and sell low.
Why your 1922 Peace Dollar is Probably not worth 100K In 1921, the U.S. Mint began production of the new “Peace” design for silver dollars, a design commemorating peace after the end of World War I. The designer, Anthony de Francisci, intended for the coin to be struck in “high relief”, which resulted in […]
AUTHENTICATING THE 1893-S MORGAN DOLLAR Authenticating the 1893-S Morgan Dollar is not difficult given the right tools and some patience. The 93-S is the key date to the series. It’s tiny mintage of only 100 thousand coins makes it the lowest mintage regular issue Morgan Dollar in the entire set. With values in […]
1937-D THREE LEGGED BUFFALO – HOW’D THAT BUFFALO LOSE A LEG? The 1937-D Three Legged buffalo nickel is an interesting and elusive rarity and is arguably, one of the most intriguing U.S. coins of the 20th Century. Did you know: The model for the Buffalo Nickel was rumored to be a handsome devil of […]
The “Southern Darling” of U.S. Coins The Fire of 1844 On July 27, 1844, some students were taking an impromptu tour of the U.S. Mint facility in Charlotte, North Carolina. The Mint had been producing gold coins with the legendary “C” mint mark for less than seven years, and the students wanted to see the […]