We have just returned from the ANA Mid-Winter Convention in Fort Worth, Texas. What a great city with a vibrant downtown! Dealer attendance was typical for a mid-winter show with moderate dealer participation, but the bourse was active for the most part.
The rare coin market is alive and well, and the first quarter of 2010 has ended essentially as it began – which isn’t a bad thing. ‘Interesting’ coins are incredibly saleable with demand from every angle. Dealers are in need of fresh material, and quality-minded collectors seem to be chasing the same coins. Nice coins in all price ranges seem to be staying off the market, creating even more demand when they do appear.
Still yet, great opportunity remains in the market when the right coins can be found. I love the value of the Barber series and gem uncirculated type coins right now. Although short in supply, collector issues such as three cent nickels, shield nickels, and liberty head nickels offer tremendous value. Also, original circulated examples of low mintage gold coins are undervalued in many instances. Collectors who buy quality over quantity always seem to be the winners. Originality is carrying more weight than ever before, and we certainly recommend that attribute to our clients as they assemble collections. This applies whether the collection is an XF set of Liberty Seated Quarters or gem silver type set.
-Jason
