Author Archives: Richard Giedroyc

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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Buyers looking for deals keep market moving

Dr. Doolittle had his pushmepullyou. Coin collecting has supply and demand. The current scenario pits supply against demand. It’s a mixed bag as to which triumphs. In some situations, this may equate to whether it is the collector or the … Continue reading

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Which way will stable market jump?

Individuals who invest in coins first, collecting them being secondary, have been switching to secondary market coins, according to the World Gold Council, rather than buying brand new from mints or distributors. While the WGC monitors just gold consumption, the … Continue reading

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Large cents, early halves and Morgans lead

The values of most U.S. coins remain reasonably constant this week, with just a modest number of price declines. Appreciating values remain in the minority and tend to be primarily in areas of interest to specialists such as high-grade large … Continue reading

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Bottom for prices might be forming

Silver bullion appears to be trading in a modestly higher price range, having broken the $17-an-ounce level briefly late last week. It began the year at $17.06. At the moment this commentary is being written, silver is once more back … Continue reading

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Buyers chase high-quality Morgan silver dollars

There are some brighter spots appearing in the U.S. coin market, especially among Morgan silver dollars and other specialized areas of interest. I wouldn’t call this a rally yet, but within the past month there have been more price increases … Continue reading

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