Mint State gold cheaper than past years
Gold hit an all-time high at $1673.10 and silver traded near $42. Platinum staggered near $1,740 on lower oil. We may see even higher prices before this goes to print. If you want to buy silver, proof Eagles from the Mint at $59.95 look like a good buy, especially if you use a credit card for points or air miles
Gold hit an all-time high at $1673.10 and silver traded near $42. Platinum staggered near $1,740 on lower oil. We may see even higher prices before this goes to print. If you want to buy silver, proof Eagles from the Mint at $59.95 look like a good buy, especially if you use a credit card for points or air miles.
Gold type coins are maintaining relatively low premiums to melt in circulated grades, but the Mint State issues are generally higher, but relative to several years back they are still cheap. The only issue that does not seem to be in current demand is the Liberty Head $2.50.
Other U.S. type coins are generally quiet, but there are exceptions. “No Cents” Liberty Nickels in EF-40 to MS-60 are in strong demand. This is an inexpensive type coin that used to be very common and had not really moved for years with the exception of promotional demand, but I have noticed thinner supplies in the higher grades over the past few years. Copper-nickel Indian Head cents are a good value and have also come into the limelight in the same grade range and their bronze counterparts have been very perky especially in Mint State Red grades with increases of nearly 20 percent. Walking Liberty halves are showing nice demand in Mint State grades. Classic Head half cents and large cents continue to have a strong following with mid-range Mint State issues moving up in our charts.
E-mail harrymkrause@optonline.net.
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