The 2013 State of the Hobby Address...

MrEureka · February 12, 2013 7:54AM

Let's see, where should we start???

RYK · February 12, 2013 7:57AM

"Four double eagles and seven Morgans ago..."

Oops...

... Gettysburg address

GeorgeKellogg · February 12, 2013 8:32AM

<< "Four double eagles and seven Morgans ago..."

Oops...

... Gettysburg address >>

I thought that began, "Four scores and seven rips ago..."

ricko · February 12, 2013 9:24AM

Based on the Long Beach reports...the state seems to be very good.....Cheers, RickO

Patches · February 12, 2013 9:52AM

<< Based on the Long Beach reports...the state seems to be very good.....Cheers, RickO >>

I agree...the mood seems better of late in this 'coin society'. There's less gun and gold/silver postings over the last year then there used to be.

coinkat · February 12, 2013 9:53AM

The only thing we have to fear is...

Well?

2ltdjorn · February 12, 2013 10:05AM

It goes up and down, talk about the wins... forget the loses... buy the coin not the holder... except when you must buy the holder not the coin... color is good except when its not... dreck is dreck...

coindeuce · February 12, 2013 11:47AM

I hope I can find some change the next four years, so I can move forward. I think I'll lobby DCarr to make a 1 trillion dollar platinum coin out of my 1 ounce A.P.E.

Moldnut · February 12, 2013 12:00PM

Must not be all that bad out there. We have seen a coin sell for 10 million, we have seen some pretty nice coins posted on this very forum and I bought more coins last year than any other year I can remember.

sniocsu · February 12, 2013 12:05PM

State of the hobby - its ok

AnkurJ · February 12, 2013 12:34PM

Ask not what the hobby can do for you, ask what you can do for the hobby.

TwoSides2aCoin · February 12, 2013 12:56PM

We have the National Parks Quarter and Presidential Dollar collectors fully supporting the production of our nickels and cents.
Gold and silver coins are being produced in greater numbers than ever before. If people aren't feeling wealthy, they should. We will create wealth by selling less for more and the people will be happy. Postal workers won't be getting overtime for Saturday work and this will save billions. Packages will still be delivered, so eBay is safe from the chopping block. This means shipping won't miss a lick.

Copper will always be reactive. Silver will always tone (way different the second time around)

All is well in the world of coins. Have no fear. There is nothing to fear but coin doctors.

(None of this factual. I'm just having a little fun with coins at the mint and beyond)

Unknown · February 12, 2013 1:22PM

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Lakesammman · February 12, 2013 1:23PM

Simpson and TDN need to send us a few coins - part of the upcoming redistribution plan.

coindeuce · February 12, 2013 1:29PM

<< Simpson and TDN need to send us a few coins - part of the upcoming redistribution plan.

>>

Here! Here!

derryb · February 12, 2013 7:16PM

we are in full recovery.

dbcoin · February 13, 2013 12:25AM

Based on the number of coins being certified by PCGS, their backlog, reports from Long Beach, reports from FUN, record coin sale at FUN, and record number of coins produced by the US Mint, I would say it looks like a Bull Market in coins.

mrearlygold · February 13, 2013 12:56AM

Going to be a great year!

TahoeDale · February 13, 2013 2:18AM

This year will be important, and new price records will be exceeded, but only if coins come out of hiding.

And we are seeing some of that happening--the Paul Gerrie collection of large cents did great at Goldbergs, along
with a few other series. The 1808 CBH in PC 66 was uber strong, realizing close to 50K with juice.

If Stewart were to sell his copper, and High Desert some of his monsters, we could be in a new era of multiple coins exceeding all current guides.
Then there is the Newman collection- I have seen his 1794 dollar, raw, and it is a beaut. This sale( in multiples) will mark 2013 as a banner year, like 1997-Eliasberg_
1998-Pittman and Price.

I am getting ready!

lordmarcovan · February 13, 2013 2:19AM

<< Let's see, where should we start??? >>

You've got the microphone, MrE. I'm listenin'!

bolivarshagnasty · February 13, 2013 2:21AM

<< 

<< "Four double eagles and seven Morgans ago..."

Oops...

... Gettysburg address >>

I thought that began, "Four scores and seven rips ago..." >>

I must admit, I spewed a little Pepsi when I read this!

i
Good stuff!!!

johnny9434 · February 13, 2013 2:52AM

<< The only thing we have to fear is...

Well? >>

higher prices and more juice? maybe both

Lakesammman · February 13, 2013 6:19AM

Really looking forward to seeing the Newman auction(s)! May have to refi the house yet again.

Justacommeman · February 13, 2013 6:29AM

<< Really looking forward to seeing the Newman auction(s)! May have to refi the house yet again.

>>

take out an extra hundie

MJ

nencoin · February 13, 2013 7:08AM

<< I thought that began, "Four scores and seven rips ago..." >>

LOL!

tradedollarnut · February 13, 2013 8:14AM

Newman will be like Garrett in 1988. Of course, soonthereafter things started unraveling...

RYK · February 13, 2013 8:17AM

<< Really looking forward to seeing the Newman auction(s)! May have to refi the house yet again.

>>

I run down his street and right by his house three days per week. I am going to try to get him to sell me the good stuff before it goes out the door.

roadrunner · February 13, 2013 8:20AM

<< This year will be important, and new price records will be exceeded, but only if coins come out of hiding.

And we are seeing some of that happening--the Paul Gerrie collection of large cents did great at Goldbergs, along
with a few other series. The 1808 CBH in PC 66 was uber strong, realizing close to 50K with juice.

If Stewart were to sell his copper, and High Desert some of his monsters, we could be in a new era of multiple coins exceeding all current guides.
Then there is the Newman collection- I have seen his 1794 dollar, raw, and it is a beaut. This sale( in multiples) will mark 2013 as a banner year, like 1997-Eliasberg_
1998-Pittman and Price.

I am getting ready! >>

I don't know why the Pittman, Eliasberg and other heirs decided to sell at the bottom of the market in 1996-1997 but they did. I suspect they got tired of waiting after missing
boat in 1989. It did sort of look like in 1996 that the coin market doldrums would never end. The stock market was hot and coins were not. Stewart, HD and others aren't ready
to sell into a less than blazing market like Pittman and Eliasberg did. Some others who have sinced passed on would have to get that ball rolling. The market is great for 6 and 7
figure rarities.....and even some of the best REG sets aren't in that company. We're probably still a few years away from a 1980 type market blowout (ie Garrett auction) for coin
rarities. We need both gold and silver to join in that blowout parabolic move as they did in the late 1970's. Still a ways to go there "pardners." And while junk and mid-level coins
went way up in 1980 I'm not so sure that they will take part in a final run up this time around. There are just too many coins and not enough buyers to spin prices to lofty levels. In
many cases we've yet to exceed the 1980 or 1989-90 highs.

The 2013 State of the Hobby Address...

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