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Aug. Issue . 2009,

Hello everyone! We are back from Los Angeles where we attended the 2009 ANA show. To say the least, the turn out for attendance seemed very poor and the overall buzz for retail was quite boring. Wholesale was great, as we sold a lot of good coins and bought even more exciting treasures! The people that were there were on a mission though, and it was no fooling around. Either people were buying or they didn’t come at all. It seems to me that judging from the past few shows, this one showed signs of the market turning around big time, as really nice coins were being eaten up quickly because prices are on the move again in an upward motion. "Positive for sure!" is what I have to say about what I see in the future of the coin market!  Nice, early, silver coins such as Trade dollars, Seated coins, and Capped bust material are on a lot of people’s want lists. Copper is having a big come back as well, I have a feeling, as I heard a lot of people talking about certain pieces and even more people looking for nice eye appealing copper. Gold is rising again and it’s SUPER hard to find nice eye appealing and high grade gold coins along with Proof Gold which seems to be hidden in a secret vault somewhere under the earth!  I feel an interesting  and very exciting second half of the year coming!


(Upcoming Shows Link) If there are any last minute “wants” please let us know. Also if there are any coins in the Stacks auction let us know and we will view and bid for you on only 5% commission. Keep an eye for the “market insight” after the show for an in depth write up on how the market is doing and where it’s going.  

 


Our very best to you, Dave Albanese coinace@aol.com
                                         Dean Albanese Dean@coinace.com
                                            Bonnie Sabel    Bonnie@coinace.com

David C. Albanese - President
Albanese Rare Coins Inc.
www.COINACE.com
 
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