The spot price of gold has dropped recently, hitting prices not seen for the past six years due to various concerns about the global market coupled with expectations that the Federal Reserve will be slower than expected in raising interest rates. Despite this, high-end gold coins continue to excel at auction.
The rare coin market is often compared to the art market, and the comparison is useful in some limited regards. Both markets are somewhat thinly capitalized when compared to other asset classes, both deal with often unique objects that generally have clear comparables in terms of quality, desirability and rarity, and there are relatively high transaction costs when...
Where can collectors find value in today’s rare coin market? A good start is to look at areas where prices at auction are going down for nice coins. Take Barber half dollars, for instance.
During its long history the U.S. Mint sometimes struck coins for other countries, and under those circumstances, a particular form of wrong planchet error (when a coin is struck on a planchet intended for another coin) can result. Such is the case with a 1936 Indian Head 5-cent piece struck on a Nicaraguan bronze 1-centavo planchet. The bronze planchet was just...
While rainbow toning is often seen on Morgan dollars, it is less frequently seen on Peace dollars. The typical toning on a Peace dollar is often a bit mottled, with dull gold or gray. Thus, any Peace dollar with naturally occurring rainbow toning is unusual and highly desired by collectors.
Among American medals, certainly one of the most famous is the Libertas Americana medal designed by Augustin Dupré. As the lot description recorded, “Ranked #1 in Whitman’s 100 Greatest American Medals and Tokens book, this piece is on every collector’s list of most desired medals.”
Thirty-two Morgan dollars from Part II of the Coronet Collection starred in Legend Rare Coin Auctions Oct. 15 Regency Auction XIV in Las Vegas.
Thirty-two Morgan dollars from Part II of the Coronet Collection starred in Legend Rare Coin Auctions Oct. 15 Regency Auction XIV in Las Vegas. An 1894 Morgan dollar grading MS-66+ CAC brought brought $152,750.
Thirty two Morgan dollars from Part II of the Coronet Collection starred in Legend Rare Coin Auctions Oct. 15 Regency Auction XIV in Las Vegas. The 355-lot sale realized $4,926,775.10 — nearly half of which came from the Coronet Collection’s dollars, with its Mint State 66 1901 Morgan dollar that brought $587,500 leading the sale.