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October Issue . 2010,

 
Whew!  No one could be happier that the summer has drawn to a close, than us here at ARC.  In recent memory, the coin market has been slow in the summer months. We have become accustomed to that, but this summer was a sleeper!  That's not to say we didn't sell some very special and important coins... however, the market seemed to dry up and we had an extremely difficult time locating the cream of the crop coins that we like to offer.
 
We attended the Long Beach expo two weeks ago, and although the California economy is in the doldrums, we did return with some stellar coins. We still notice that our clients on the West Coast are holding tight to their pocketbook, so retail sales were slow.  Fast forward to last week (we did back-to-back shows) and we arrive in Philadelphia for the Whitman Coin Expo.  Clients were out in force and the show was an extremely busy one for us!  There was a flurry of activity for dealer-to-dealer transactions and retail sales were brisk as well.  Again, we were surprised at the quality of coins we could find and we are sensing that the bottom of the market may have been reached.  We can also credit the "Plus" grading by PCGS and NGC since it has pulled some coins out of strong hands and put them back in the marketplace.  That is a most welcome event!
 
We were offered some very unique rarities and we just know our clients will be ringing our phone off the hook for some of these beauties!  Just an example:  Proof Gold has been difficult to find and we brought back an 1862 $5 in PF65 UCAM!  We love the 1888 $3 in MS66, the 1955 DD Lincoln in PCGS MS64RD CAC, the 1936 25C PF67, and the 1869 Pattern in MS66BN*, and many more.  The new purchases are all up to our standards and we believe you are going to be impressed!  Check out our New Inventory and don't hesitate to contact Dave or Bonnie. We look forward to hearing from you! Until next time...
 

 
Our Warmest Regards,
 The Staff of Albanese Rare Coins


(Upcoming Shows Link) If there are any last minute “wants” please let us know. 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
                                           Bonnie Sabel    Bonnie@coinace.com

David C. Albanese - President
Albanese Rare Coins Inc.
www.COINACE.com
 
Monthly Insight Archive
08-31-10 "Boston ANA"
06-31-10 "Nashville Coin Expo"
05-31-10 "Central States"
03-31-10 "Whitman Coin Expo"
02-28-10 "Recent Economy"
01-31-10 "F.U.N. Show Orlando"
12-31-09 "Healthy Coin Market"
11-30-09 "Baltimore Show"
10-31-09 "Philly Show"
09-30-09 "2nd L.A. Show"
09-01-09 "Investing"
08-31-09 "L.A. ANA Show"
06-30-09 "Baltimore Show"
06-01-09 "Long Beach"
05-01-09 "Central States"
04-01-09 "Baltimore Show"
02-28-09 "Long Beach"
01-01-09 "Fun Show"
12-31-08 "Stock Market"
12-15-08 "Baltimore Winter Show"
11-30-08 "Commems"
11-01-08 "Herd Mentality"
09-30-08 "Crazy Market"
09-19-08 "Atlanta"
08-31-08 "Baltimore ANA"
07-31-08 "Mid-America Coin Expo "
06-31-08 "Baltimore Results"
05-31-08 "Baltimore"
04-30-08 "Chicago"
03-31-08 "More CAC Interest"
02-01-08 "CAC"
01-01-08 "New Year"
11-01-07 "Autumn"
08-01-07 "Invest on a higher level"
07-01-07 "Toned vs. White!"
04-01-07 "Very Strong Hands"
03-01-07 "rarity", and "eye appeal"!
01-01-07 Florida Fun Show 2007
10-20-06 Proof Gold... The strongest Investment in Numismatics... Period.
09-09-06 The rare coin market is truly evolving into two completely different segments, true rarities and then everything else...
08-21-06 Despite World conflict, U.S. coin market stays STRONG...
08-16-06 ANA World's Fair of Money .
08-01-06 Mint to Display Ten 1933 Double Eagles at World’s Fair of Money for First Time.
07-10-06 State of the Market Address...
07-04-06 "Let Freedom Ring" True rarities continue to sell...
06-16-06 Correction marks steady growth
06-09-06 "DO YOUR HOMEWORK"
06-02-06 Coins are now true works of early American Art 
05-22-06 Proof Gold...the strongest investment in Numismatics at this time.
05-15-06 A True Classic Rarity...
05-01-06 Keeping the hobby alive ! 
04-24-06 More than Gold...
04-17-06 "A Bull Market"
04-10-06 Spot Golds tops $600 mark
04-03-06 “Museum” quality coins
03-20-06 Proof gold, the hobby of the kings, the Numismatic dream, the true caviar of coin collectors...
03-13-06 "Investing" and "Rarity"
02-27-06 Early Gold "beach front"
02-20-06 "A doorway to the past"
02-13-06 Smart investors diversify
02-06-06 Knowledge is power
01-30-06 Coin Collecting !
01-16-06 Always go with your gut
01-09-06 From the F.U.N. Show
12-19-05 “if I had to liquidate...?"
12-12-05 Baltimore Show
12-05-05 Put your money in Gold
04-01-03 An alternative to the stock market for investment
12-01-02  Everyday collector the heart and soul of our hobby