If it’s gold, it’s sold! We’re still riding a gold coin wave, with last week’s sales overwhelmingly dominated by gold. Collector demand has stayed strong, though generic gold has made up only a smaller portion of sales. We even sold a few rare pattern coins (non-gold, of course)! October turned out far better than we’d expected, defying our worries about a slow month without major shows or auctions.
With the big Baltimore Show only two weeks away and auction dates set, sales would usually be slowing down. To our surprise, they haven’t. Many of the world’s top coins have found their way into private collections, unlikely to surface for ages, leaving auctions with limited excitement. That’s why collectors are still on the hunt, actively browsing dealer sites for unique finds.
The dip in generic gold sales is nothing to worry about—it’s just a chance for us to restock. We’re also working on several deals to trade bullion for generics. Gold prices flirted with the $2,800 mark but haven’t broken through yet, which could signal a peak. We still recommend trading into generics, especially PCGS CAC MS65 Saints and PCGS NO CAC MS66’s for strong upside potential, along with premium gold picks.
If you spot any rare coins, grab them! Avoid the auction frenzy, where premiums can cost you 20%, versus a dealer’s typical 10% margin. Plus, a good dealer will often offer a buyback guarantee, unlike auction houses. Something to think about!
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NEWPS
Every week, we scour the market to bring in the best coins, each one chosen for its quality and eye appeal. We believe in transparency and fair pricing, so rest assured, every coin listed is of exceptional value. Here’s a sneak peek at some of our best pieces this week:
– 1C 1964 SMS SP 68 – A top-tier piece that CAC doesn’t typically bean
– 50C 1823 Normal 3 PCGS MS64 CAC – From the Eliasberg collection, off the market since that historic sale
– 50C 1939 PCGS MS68+ CAC- One of the finest examples available
– $2.5 1911-D Strong D PCGS MS65 CAC – A gem in its class
– $20 1861-S PCGS AU63 NO CAC BRO JO – Off the market since its last major sale
– J-406 1865 PCGS PR65+ DCAM CAC Simpson – A unique 1C struck on nickel
Several of these coins, such as the 1823 half-dollar and the $20 1861-S, have remained in their original holders since their original sales over two decades ago—a true testament to their rarity and quality. We’re also in the process of incorporating some fresh finds still out at grading services, so stay tuned for new arrivals!
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Join Us at the Baltimore Show
Don’t miss the chance to see these coins in person! We’ll be at the Baltimore Show in two weeks, ready to connect with collectors old and new. Come by our table—we’re eager to do business and help you expand or start your collection!
IF YOU HAVE ANY QUESTIONS OR WISH TO ORDER, EMAIL US. WE DO NOT CHECK OUR PHONE MESSAGES UNTIL MONDAY AT 9 AM.
