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ket is relatively small. As the collector market grows, and its heated demand impacts the limited supply, prices should rise not only significantly, but in truly dramatic fashion.

As with coins, there are many areas of collectible currency, ranging from modern small sized notes, Confederate and Colonial Currency, military script, National Bank Notes and Large Sized Currency.

Three areas are of particular interest to me, and in my

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currency easier for dealers to sell, and spark a great deal of new interest in an already thriving market.

Point Two: currency grading is now available, in the much same way PCGS and NGC now grade coins.

Point three: unlike coins, currency has serial numbers, meaning auction records can often track the price history of notes.

Point four: Like patterns, collectible currency is far more rare than many think, and the collector mar

Following are seven common reasons people sell their coins:

¨ You have “junk” coins you wish to trade for rarities.

¨ Your coin accumulation is heavy, bulky, and you wish to consolidate it or turn it to cash.

¨ You need cash.

¨ Your age or condition requires simplifying your assets and making them liquid.

¨ You overpaid for coins and you could use a tax loss.

¨ You inherited a collection you must sell or split among heirs.

¨ You have lost interest in coins.

Thinking of Selling Your Coins?

Rare Date Gold (cont’)

Collectible Currency (cont’)

Customized Numismatic Portfolios

a result, population reports indicate far greater populations of these coins than what actually exists, making it appear these coins are much more available than they are. Coin dealers know this. As the information spreads to the collector base, expect collectors to snatch up coins at the relatively low but rising prices of today.

Coupled with the powerful collector dominated market and the economic factors outlined in the “Coins and the Economy” article in this newsletter, recognition of the true rarity of rare date gold promises to send prices soaring for these undervalued rarities. I recommend a strong buy.

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the fact that rare date gold prices now seem inexpensive in a world where state quarter varieties sell for hundreds, and where some silver eagles have graduated from bullion to numismatic—one recently sold for $14,000!!

What has been holding back rare gold? I believe one answer is PCGS and NGC Population report inflation.

The value differences between grades of gold coins is so great some dealers send the same coin in again and again, trying for higher grades. These attempts fail overwhelmingly, but a few successes are sufficient to continue the practice.

Unfortunately, some dealers neglect to send in tags from slabs they “broke.” As

Text Box: NEWS FLASH Remember when the famous Farouk 1933 $20 St. Gaudens Gold piece was auctioned for $7.6 million? Last month, it was revealed that the U.S. Secret Service possesses ten more 1933 $20 Saints. These were turned over by the family of a coin dealer caught up in the “ring” in which a crooked mint official sold some before the order to melt them down was carried out. The final disposition of these coins has yet to be determined.

Rare Coin Report

is written and published by

Lawrence D. Goldberg,

owner of

Customized Numismatic Portfolios

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800 334-3325

Fax: 818 557-0902

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