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Letters to the Editor
- silver to gold ratio Silver to Gold Ratio Everyone must know we’re in tumultuous times with a looming election, COVID-19 uptick in infections, etc. Lots of people are inquiring about bullion. The 1-ounce gold eagle has a denomination of $50, the half-ounce of $25 and the 1/10-ounce of $5. So, why is the quarter-ounce at a denomination of $10? Shouldn’t ...
Tag Archives: CMAG
Press Magnifies the Scarce to Rare Segment of Market
Et tu Brute? We have recently witnessed the sale of an 1804 silver dollar, seen a 1794 silver dollar be offered at an astronomical price but fail to sell, and one of three known gold aureii of Julius Caesar assassin … Continue reading
Posted in Articles, News
Tagged auctions, CMAG, coin market at a glance, richard giedroyc, scarce to rare coins
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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
Posted in Articles, General News, News
Tagged CMAG, coin market, coin market at a glance, scarce to rare coins, u.s. mint
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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
Posted in Articles, General News, News
Tagged bullion, CMAG, coin market at a glance, gold, silver
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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
Posted in Articles, General News, News
Tagged $3 gold, bull market, bullion, classic commemoratives, CMAG, coin market, coin market at a glance, Peace silver dollars
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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
Posted in Articles, General News, News
Tagged CMAG, coin market, coin market at a glance, scarce to rare coins
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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
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
Posted in Articles, General News, News
Tagged CMAG, coin business, coin market, coin market at a glance, coronavirus, numismatics
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