Tag Archives: CMAG

U.S. Mint Asks Dealers for Coin Forecasts

By Richard Giedroyc Silver rather than gold is where the action is! Gold bullion and readily available business strike gold coins prior to 1933 are holding their own following a significant price run-up to an all-time record for gold. It … Continue reading

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How High Will Silver Go?

By Richard Giedroyc Silver broke through the $21 an ounce barrier as this commentary was being written, so how high will silver go? Is it really the poor man’s gold? There really isn’t anything further to say that the spot … Continue reading

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Bullion Coins Have Their Day in the Sun

By Richard Giedroyc  Silver is more available than gold. Not just silver bullion, but silver in coinage format as well. Due to the more modest price of silver, it is more popular with collectors than gold. Right now, silver is … Continue reading

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Coins with Intrinsic Value in High Demand

By Richard Giedroyc Could prices for key date and ultra-high condition certified coins be ready for a dramatic increase? Dealers have been recently indicating there is a shortage of quality coins that aren’t what I would term “recycled stuff.” It … Continue reading

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‘Frothy Bull Market’ for Coins

By Richard Giedroyc  The market for coins is doing well despite the coronavirus shutdowns that have decimated so many businesses. Brick-and-mortar coin shops without any internet presence of consequence have felt the impact; however, those with a strong internet following … Continue reading

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Scarce to Rare Coins Show No Signs of Slowing

By Richard Giedroyc  Anyone asking how the rare coin market is performing need not look any further than the 1933 $10 eagle graded Mint State 65 by Numismatic Guaranty Corporation that sold for $360,000 in a late April auction in … Continue reading

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Coin Market Healthiest It’s Been in Years

By Richard Giedroyc Gold continues to trade in a reasonably tight range while silver continues to dramatically underperform gold. You might not see this if you follow the demand for silver American Eagle and bullion-impacted silver coins. Demand continues to … Continue reading

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Coronavirus Determines Supply and Demand

By Richard Giedroyc The spot price of gold is at about $1,750 an ounce at the moment this commentary is being written, yet 1-ounce gold American Eagle coins are selling for as much as $1,900! What is going on? Simply … Continue reading

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Coin Business Resilient in the Face of Coronavirus

By Richard Giedroyc  The business of coins is proving to be surprisingly resilient in comparison to much of the non-essential business market during this period of the coronavirus pandemic. Despite that observation, there are still two sides to the coin … Continue reading

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Coronavirus Cripples the Business of Coins

By Richard Giedroyc The economic downturn due to the spread of coronavirus has crippled the business of coins as it has with most other businesses. Coin shows have been canceled worldwide. Public auctions have been moved, postponed or put on … Continue reading

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