| The upside is that buyers of pattern coins will have a longer time frame for purchasing patterns at the lower price parameters of the February, 2000 guide, rather than the higher prices reported to be in the new price guide. Dealers, myself included will try to keep prices of patterns as close to the February, 2000 price guide as possible. Once the new price guide is finally published, prices will automatically rise to that level. |
| (Continued from page 1) is negotiating with Bowers and Morena Galleries, one of the largest publishers of numismatic material in the world, to publish the new price guide. So, while the research is apparently finished, and prices are apparently up, the mechanics of publication and perhaps of even inking the publication deal are preventing actual publication. This has an upside and a downside. The downside, is that we don’t have an updated price guide.
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| Following are six common reasons people sell their coins:
¨ You have an accumulation of “junk” coins you wish to trade for cash or for fewer but much more valuable coins ¨ You need cash now ¨ You have reached an age where moving your assets into “liquid” is appropriate ¨ You paid way too much for coins back in the 80’s and you could use a tax loss to offset a capital gain from sale of stock or real estate ¨ You have inherited a coin collection, and you need to split the proceeds among the heirs ¨ You have lost interest in coins |
| Want to Sell Your Coins? |
| How High Will Gold Go ? |
| Pattern Coins: New Price Guide |
| Customized Numismatic Portfolios |
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price of common date will go. If, on the other hand, it appears that the United States is waging its war effectively, the price will likely subside. Given an non extreme political scenario, long term prospects of gold and silver bullion remain lack-luster. Mining production capabilities are far greater, and cost of production much lower than ten years ago. Also, huge supplies of common date gold and silver coins exist. My conclusion is that the most likely scenario is for gold prices to peak and then fall back after a few weeks or months. This means now might be a superb opportunity to dump common date material and exchange it for true rarities. |
| (Continued from page 1) back, and to what level it might “top out.” It is essential to remember that no one knows for sure how high or long the gold rally will be, and so any speculation about how high and how long is just that: speculation. This is particularly true because part of the increase is due to political developments. We can only guess how effective the U.S. is perceived in fighting the war on terror, or what if any new terrorist attacks might be effectively launched on the United States. The more unstable the situation appears, the higher the gold price and therefore the
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| Rare Coin Report is written and published by Lawrence D. Goldberg, owner of Customized Numismatic Portfolios (c) October, 2001 All Rights Reserved Please feel free to call toll free with your comments and questions at: 800 334-3325 Fax: 818 557-0902 e-mail: nofreelunch@earthlink.net
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| I pay the highest prices. Call me now for a free consultation (800) 334-3325 |
