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Monday, February 6th, 2006

Hello and welcome to the new insight on the coin industry for the week of
February 6, 2006 – Our point of view reflects greatly on the industry as a whole and leans more towards our specialties and points of interest.

Gold coins have been on the move again last week showing no signs of slowing down having sold a nice handful of treasures including a 1928 Saint in MS67 PCGS, 1907 Saint in MS65 PCGS, 1911-D Saint MS66 PCGS, and a few others totaling gold sales for the past week over $60,000.00. Proof Morgan dollars have also been another series that has shown interest in collectors and investors, we sold a nice 1883 MSD in PF66 Cameo NGC and one of the most gorgeously toned Proof Morgan’s which was a 1903 PR64 PCGS.

A nice new addition we have to our webpage is our reference books section. These Reference Books are recommended to you by us at Albanese Rare Coins. Whether you're a prudent collector or a savvy investor, we feel you can never have enough knowledge when it comes to purchasing a coin. I try to read as much as possible and find myself learning something new everyday.

This week feels to have a positive feeling and by the end of the week I will have a new list of coins sold to show the direction in which what coins are in demand. There are always coins we don’t have time to even put up at the webpage due to people calling weekly just to see if we have specific coins in inventory and when we do have that particular coin we send it out without having scanned and listed it such as a beautiful 1880 Trade Dollar in PF65 Cameo NGC that I am looking at right now on my desk as I write this.

Like I stated a couple weeks ago, I truly think proof Trade dollars are undervalued and definitely one of THE most beautiful designs ever minted. The business strike coins really don’t hold a candle next to the proof Trade’s when it comes to stunning beauty, the jet black mirrors and frosty devices on such a huge dollar really is something to behold.

The point being, nice coins find homes fast, like this 1800 $1 Large Eagle Draped Bust AU53 PCGS that was only at the webpage for about an hour when it's new owner called and said he had to have it.

Keep a watch for new inventory all week and thanks so much for taking the time to read my write ups weekly, I truly appreciate the people who take the time to read these because it all comes from my heart and I love to write.

Cheers,
Dean Albanese
dean@coinace.com