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To Order Call
1-585-589-1803 |
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April
issue . 2007
Hi To all out there in Cyber space. Here
we are almost mid-April and it’s still freezing
cold, makes you wonder about Global warming. Oh well
before we know it we’ll be complaining about
the heat. On the rare coin front all is well, Great
coins remain elusive as ever. As a matter of public
record rare coin auctions in the first quarter of
2007 by the major auction houses have hammered down
over 100 Million Dollar Plus Dollars in sales, now
add private rare coin funds that are springing up
here and there and I’m not talking nickel and
dime funds but major rare coin funds, also private
treaty and normal sales, it doesn’t take a scholar
to figure out what is going on here !
Not that this is something new, it’s
a carry over from the past few years the only difference
is that its getting nearly impossible to find the
true rarities. Every now and then one will appear
and disappear just as fast, going into “Very
Strong Hands” and those are the cold hard facts
of the state of affairs of the rare coin market. Taking
all into account coins that are being overlooked will
no doubt be highly sought after if they meet certain
critical criteria one being most importantly “EYE
APPEAL” I have stressed that from day one. There
are so many coins that absolutely fall short of that
it’s sad. These coins will be left behind in
the whirlwind of an ever blossoming coin market.
Some think that this market has been full
blown for too long of a time but if you really have
studied this market and not listened to what others
who really like to just hear themselves talk, there
is absolutely no doubt that the sky is the limit.
It’s true in every meaning of the word; Rare
Coins are absolutely “Works of Art”. True
relics of our heritage and will continue to rise in
stature in the world of collectibles- the world of
highly sought after treasures. So to all, good luck
in finding the coin of your dreams and never give
up the hunt.
Numismatically Your, Dave and Dean Albanese
Albanese Rare Coins Inc.
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| Weekly
Insight Archive |
12-05-05
12-12-05
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