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November Issue . 2009,

Hello all! We are back from the Baltimore show.  There was a good attendance at this show, and it was pleasing to see so many people walking around looking at coins.  We sold some great coins and the buzz was nice.  But it seemed dealers just didn’t want to purchase coins at this show and that was a little crazy...  Even with gold rising higher and higher, there still was not much action.  As I sit here and write this, gold is over $1,132…. WOW!!!   And silver is over $18.00. That’s just incredible.  Tough to find NEWPS worth bringing home, but we did bring some nice treasures back for our inventory.  Here are some highlights:  1863 50c Seated Liberty Half Dollar MS65 NGC/CAC - 1882 5c Shield Nickel PF67* Cameo “Star” NGC/CAC - 1906 5c Liberty Nickel PF67 NGC/CAC And a gorgeous 1904 $20 Liberty in MS64 PCGS/CAC ….  Overall, the buzz was pretty average for a show and it seemed that people are just curious to see what rising gold prices will do to the market.  Gold……yes, it was tough to find nice gold coins at this show.  It seemed like all the early gold is gone and proof gold has disappeared as well.  There were a few pieces here and there of early gold certified with low grades that had nice eye appeal.  Where has it all gone???  Only time will tell…  But I’ll tell you this, people are paying for nice eye appealing coins right now that’s for sure!

Well, our next show in Houston, TX Dec 3-5, then in January is the  F.U.N. show in Orlando, FL, and I think that will open the year with a BANG!!!!

 

 

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
                                         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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