The coin market must have peaked!
CarlWohlforth
Posts: 11,074 ✭
For the first time in a long time I have won several auctions in the past week. So I'm thinking the market must have peaked. 
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Comments
<< <i>Might be because few bidders due to holiday travel. >>
killjoy!
I can tell.
Ray
I can tell.>>
I haven't won any Seated coins lately.
I did unexpectedly win a proof Liberty nickel. Those are almost seated coins, at least many of them are from the same years as seated coins.
<< <i>You don't collect Seated Coins, Carl.
I can tell.
Ray >>
I agree with Ray. If any Seated coins are going down in price, I'm not aware of them.
An authorized PCGS dealer, and a contributor to the Red Book.
<< <i>ziggy29: I do like AU 58 type coins and often bid on them. But, no, I didn't win any lately. Sorry about bumping up the bids for you!
Not just those, but I have other collections, too. I have a VF/EF seated dime collection and problem-free examples with good eye appeal are selling for ever higher amount of money. I also have an eye to upgrade a few pieces in my EF/AU IHC collection, but even the common ones with nice eye appeal are going for $30 or more in problem-free AU-50.
As far as the seated coins, a lot of the semi-key dates and dimes in the 1860s are selling for "moon money" relative to what the sheets claim.
In reality the market is bifurcated. The high quality coins -- original with great eye appeal -- are showing NO signs of slowing down. The more typical stuff seems to be taking a breather or even dropping.
So the money is still out there, it's just being a lot more fussy about the right pieces.