February, 2001 | Page 1 | Page 2 | Page 3 | Page 4 | Newsletter Index | Home |
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The New Coin Market
Over the last few years the Coin Market has experienced a significant shift. In the 1980’s the Rare Coin Market was dominated by investors. Today it is the collectors that are driving the market. This is not a sudden phenomena, but has been developing |
over the last few years. Common date bullion based gold and silver coins, once the favorites of investors, have been sliding in value. The better, rare material has been holding its own or rising. This trend has now solidified. Thus, anyone with an eye to |
The Stock market no longer rages. Economic growth has slowed, stopped, perhaps even backslid. Interest rates are low and going lower. No investment area is truly “hot.” There is even talk about “recession?” Of couse, we must remember that a recession is a statistical abstract. It does not strike the entire economy, but rather, hits certain sectors much harder than others. If recession does happen, I don’t expect it to be prolonged or deep. Those with financial resources will fare well. Expect a tax cut which will increase spendable cash for coin buyers. More significantly than recession however, is the potential for inflation. To finance economic expansion, the |
Every once in a while an extraordinary opportunity surfaces. Imagine if you had invested in Microsoft in 1984, Las Vegas in 1980, silver dollars in 1963, dotcom names in 1995? I now believe just such an opportunity exists in Numismatics. Welcome to the world of Pattern Coinage. |
Strictly speaking, patterns are coins struck as sample or potential designs. The earliest patterns were struck in 1792,. Pattern coins are described by their “J” number — their catalogue number in the comprehensive Pattern book by J. |
The BIG Opportunity: Pattern Coinage |
The Coin Market & the Economy It gets interestinger and interestinger (apologies to Lewis Carroll) |
The ‘New’ Coin Market |
“Anyone with an eye to making money in rare coins should look at the market through the eyes of a collector.” |
J-727 Pattern 1869 $.25 PF-66 |