By Richard Giedroyc
The economic downturn due to the spread of coronavirus has crippled the business of coins as it has with most other businesses. Coin shows have been canceled worldwide. Public auctions have been moved, postponed or put on hold
Category Archives: spot metal prices
Market for Morgan and Peace Dollars Still Soft
The finest known 1855 proof Kellogg $50 gold coin, graded PCGS PR-64 Cameo CAC, sold for a record $1 million by Witter Coin in San Francisco and will be exhibited by its new owner at the store’s grand opening starting Feb. 10, 2020. (Image courtesy Professional Coin Grading Service, www
Market Decline Indicates Good Time to Buy
By Richard Giedroyc
The spot price of both gold and silver are once more declining at the moment this commentary is being written. If you watch the price of coins for investment purposes, this is where you should buy on the dip, then sell once the price has recovered to some target value you set for your portfolio. Yes, this makes sense
Will Investor Demand Drive Out the Collector?
Gold and silver, be they in coinage form or trading as bullion, continue to move in tightly defined pricing ranges. Neither platinum nor palladium coins are as available as those comprised of gold or silver. Coins composed of either platinum or palladium have continued to appreciate recently – without having drawing much attention to them