Rare Coin Investor

     The first major coin show of the year, the Florida United Numismatists (FUN) Show, was by all accounts a resounding success.  With over $56 million sold at auction 2012 is looking like it will be another strong year for rare coins.

     Of particular note is what kind of material was NOT available at FUN and why: high end coins (those priced from $10,000 to $50,000) were very scarce.  Given that these coins have been in demand for several years it can only mean we are going to see higher prices offered in an effort to pry them from what are clearly tight hands. Additionally, when those prices rise, it is almost a certainty that their less expensive brethren will see an increase, too.

Posted on January 12, 2012 at 3:53 pm in Uncategorized   |  RSS feed |   Reply   |   Trackback URL