Even though we’re not out on the floor actively buying and selling, we do have a sense of what is going on because we’re still major market makers and we have a tremendous want list still, so we’re out there trying to find coins. Some dealers report the market is slowing. I mean, you have gold and silver way down. You have the negative effects of the elections, so there are all kinds of fluctuations going on; however, the one thing that is not going on is you can’t buy nice coins. Sure, there are some overrated, overpriced coins that have been around for a long time, but that doesn’t mean they’re worth it now. We went looking for the coins we need, which everyone knows we need: better dates Saints. We need white better date walkers in high grade. We need early gold. $10 early gold—we need 10 Indians . The market is still showing a huge lack of coins. Fresh coins are really nonexistent, and we are pleased that we are finally able to start dispersing in a more aggressive way proof sets and singles from The Collection of a Lifetime. Do not pass on these coins; many have been off the market for 30 years. You’re never going to see proof sets like these again. It’s not a sales pitch. It’s reality; look at the proof sets that are offered in new auctions. The coins in The Collection of a Lifetime are phenomenal.
The Baltimore show
George and Jose will be attending. Laura’s schedule is to hopefully make it to the fun show. We just don’t expect there to be many coins on the floor. I mean, we’re going to the Baltimore show to try and buy, please do not hesitate, showing George any exceptional coins you may have. They will be at the show Wednesday and Thursday, depending on how busy it is. Maybe on Friday you have to check with them.
The last note we’d like to leave you with is, do we think gold is an absolute buy right now? It never ceases to amaze us how when gold was over $5000, we literally had people coming out of the woodwork to buy Saints at $5500; now with gold off about $1000, crickets, not that you could find a lot of saints, but this is the time you should be loading up on gold. We talked to a lot of big Wall Street people; they physically buy gold for themselves right now. They’re all in belief that gold is going to hit $6000 again, which is where they’ve always been. That hasn’t changed. If they believe in it, you should too, and you should consider buying gold coins now. We don’t know where the market‘s going to go. It could dip before it goes up, but eventually it’ll ring itself out and regain strength. Please remember there really are not a lot of coins out there, and there are far more buyers than sellers. It’s been this way since a year and a half ago, so if you have any questions, please email or call us. Laura is available by text or email, but she may take a day or two to respond, so all we could say is have a great show in Baltimore.
If you attend Happy Hunting, we’ll see you soon
