Time to trade up with gold and silver?

Why did gold and silver drop? Markets are feeling an ease in tension over the Greek bond deal and there is enough uncertainty to make the dollar more attractive. In regards to silver, there is the effect of the Chinese economy softening. That has some effect on gold, but the industrial aspect comes into play here. Platinum on the other hand is not following weaker oil and is instead concerned over production disruptions in South Africa.

Are you nervous about your hard assets? I am. Hang on to your gold and silver coins, or trade up in quality at current low premiums. Platinum has overcome gold to reverse the ratio to the normal side and that will happen again with quality premiums on U.S. gold type coins.

Track the increased value of your coins with Standard Catalog of® Modern World Gold Coins.

Circulated 3-cent silver pieces are up again. I really like the way they creep up 50 cents to $1 or so at a time. Capped Bust half dollars are showing gains in VG to VF. Although they are plentiful they are interesting, affordable, attractive and popular with literally hundreds of varieties. There is also significant demand for the quarters. They are much rarer.

On the better date side the first Washington quarter mintmarked duo continues to experience selling pressure from dishoarding. Better date 20th century gold is strong in all the Indian Head issues with the 1911-D $2.50 and the ever popular 1909-O $5 showing gains. The $10 Indian series shows gains in all key issues and very real demand.

Email: harrymkrause@optonline.net.