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Foreign Coins
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To Order Call
1-888-637-6388
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September - Issue . 2014,
Due to the slowdown in the U.S. economy the coin market has experienced a pronounced lull in the last few years. The falling price of gold from a high in 2011 of above $1900 to just below $1200 as a base in 2013 has not helped matters. We have seen prices on issues such as Morgan dollars, Walking liberty halves, type coins, and even gold soften. As a collector and dealer it can be frustrating to see coins that are "one of a kind" and at the top of the spectrum sell for numbers that seem too soft.
We all know that in order to see an appreciation of assets you must theoretically buy low and sell high. As a collector we see levels for areas we are collecting soften and it encites fear in some respects. In actually we should be adding to our collection at levels that will in hindsight absolutely be too cheap. Just look ahead...in the future when you sell you will look like a genius! Of course in order to stay ahead of the curve you must know the series you are collecting. In our opinion it is important to buy coins that stand the test of time by landing in the upper echelon of the series. This can be a function of incredible luster, color, technical merit or rarity. In a best case scenario if you find a coin with all of the above, BUY IT!
All markets are cyclical and those that take advantage of a down market have historically been the beneficiary of the fruits! When you look at levels that famous collectors like Jack Lee, Louis Eliasberg, and Eric Newman bought astounding rarities at ...you will be envious to say the least.
There are opportunities now in rare coins to add to or start a collection that will serve you well in the future. With world economies printing currencies at the current rate, a top notch coin collection will put a big smile on your face years down the road.
Contact Dave Albanese 585-615-6211 or Bonnie Sabel 888-637-6388 if you would like to discuss how we can make this market work for you!
Our inventory is bursting at the seams with more gorgeous gems than we have had the privilege to offer in years. Email bonnie@coinace.com or Give us a call at 888-637-6388. We can add that last coin to your collection to make it truly noteworthy or start you on a path to assemble a collection of distinction.
(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
Monthly Insight Archive
01-31-14 "Orlando Fun Show"
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