NOTHING NEW TO REPORT
Sure, we sold a few coins off the web $2,200.00-$45,000.00 this past week. We are finishing talks on a $10 million dollar deal (we’ll announce when completed). However, our offices were closed all week. So it will looked like we are doing nothing-NOT!
As you can see, we have NO NEWPS this week. The Walkers are still at PCGS and CAC. We have no new purchases to offer. Looks like the PCGS Invitational in Dec will be our next major buying show. Of course we are doing our best to buy today.
We are a live and kicking. Next week we’ll be back to a full Market Report. Stay tuned!
IF YOU HAVE COINS TO SELL, EMAIL OR CALL US!
We will have a table at the PCGS Invite in Las Vegas the week of Dec 8th. Stop by!
THE WORLD HAS DISCOVERED RARE COINS
We have noticed how many high end real estate transactions are taking place these. Just look at the web site Dirt.com. It will blow you mind. Then we saw this: While there is no guarantee the penthouse can command the $90 million asking price, Related said it has already met with 20 families interested in high-price units at the building. Most of these affluent buyers tend to pay all cash. CASH for multi million dollar homes.
This is why as coins catch on more and more, $10,000.00 coins will be $40,000.00 soon. And that is IF you can even find any. Clearly, there are more billionaires involved in coins collecting then ever. As time goes on, we believe even more extremely wealthy people will be involved.
We can’t stress enough: BUY THE VERY BEST QUALITY YOU CAN AFFORD. Do NOT think too hard if offered a good piece at a slight premium. It won’t last. Even the cheaper coins Simpson has sold, because they were so high end, have yielded remarkable profits (he held about 10 years ). You don’t have to be a billionaire to make money from your coin holdings. You just have to know how to buy right. Use a dealer! A good dealer is well worth their fees. We always said: a strong collector makes the best investor in coins.
More chat next week!