Author Archives: Richard Giedroyc

Take advantage of quiet to buy, or take vacation

The coin market remains relatively steady, which is often all that can be asked for during the summer. The normal seasonal pattern is a slowdown for collectors and dealers to slip away for vacations. Let’s look at a larger developing … Continue reading

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Eye appeal now of even more importance

Eye appeal is a critical factor when buying coins. This becomes even more important as the summer market loses momentum. Coins with eye appeal will sell quicker and be less likely to require a discount to move out the door. … Continue reading

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Coin collectors with cash to spend are kings

Gold’s down. Silver’s down. Platinium’s down. What a difference a week makes. In consequence, it can be no surprise that collectible but common-date busines-strike gold coins continue to deflate in value along with their intrinsic value. What is going on … Continue reading

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Uptick in precious metals drives bargaining

It’s as if we just can’t win. Every time there is a modest uptick in precious metals and subsequently for bullion-related coins, the market once again takes a downturn. The precious metals trading range appears to be expanding in size, … Continue reading

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Bullion rises a bit, but some coins fall

Silver, gold and platinum are higher than they were a month ago. Silver is strongest, up to $16.84 compared to $16.24 last month. Gold is up $4.90 and platinum $2. These aren’t big numbers, but they are positive. It’s no … Continue reading

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Beach blankets offer more appeal than coins

The annual summer slowdown appears to be upon us, a time of year when many collectors pay more attention to seasonal outdoor activities and family than to their hobby. A number of dealers have admitted that although they believe they … Continue reading

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Gold regains sparkle in buyers’ eyes

Somebody got the message. The U.S. Mint’s sales of gold American Eagle coins spiked by 433 percent between April and May, according to information released May 31 by the Mint. This is the highest monthly sales gain since 2015. Unfortunately, … Continue reading

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Hunting for trophy coins can prove rewarding

There are men who have what some people call trophy wives. Another coin dealer recently pointed out to me that some coin collectors own what we could call trophy coins. These coins, of course, are the more desirable scarce or … Continue reading

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Silver won’t follow gold bullion lower

If you ever wanted to buy gold coins, this may be the moment. The spot price of the metal has dipped below the $1,300 per ounce resistance level. All but the scarce to rare gold coins are selling just above … Continue reading

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Time to take a close look at platinum

Bullion prices have weakened since last month. If you are interested in collecting platinum Eagles, this might be a good time to dip a toe into the water. Prices for most issues haven’t been this cheap in years. Avoid paying … Continue reading

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