Fairmont, SB April 2022 and dated Liberty gold
Back in April Doug Winter wrote a follow-on article on the Fairmont hoard and what it's done to prices in the dated Liberty gold market for $5's, $10's, and $20's. While this particular article focuses on Philly coins and every branch mint except SF, there was some interesting price action in the rarer SF $5's. In particular, I'm thinking of the 1862-S $5 in PCGS / CAC EF45 that went for $25,200. Now Doug makes the point that this doesn't mean every PCGS 1862-S $5 in or near this grade is suddenly worth in this neighborhood, but the PCGS price guide now seems to reflect a big price bump even one grade down. I wonder how solid this pricing is.
A while back some concern was expressed that Fairmont would destroy the populations for certain rare dated gold, and by inference, prices. Obviously one needs to pick and choose dates, grades, and actual coins when it comes to this.