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Dollars and Commems showing losses - CDN Bid
Cougar1978
Posts: 9,983 ✭✭✭✭✭
August GS out and showing downward corrections on Dollars (Morgan and Peace) and Commems (major areas for me). CDN Bid showing in the red on many issues.
Market weakness? Perhaps buying opportunity.
Any nice pickups? Have had one so far and have a few onwantlist to bid on over the next few days hoping to win some more. Gold Classic coins took some hits too. Between VF and MS64. Wb looking for any in auction get some at or close to bid. Saints showing red triangle all to MS66. Where do you think gold is going?
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I’m not feeling that trend at all with respect to the dollars that I collect, quite the opposite actually. Which dollars are they referencing - SBA’s and gold dollars?
I'm assuming the base price is adjusting to lower silver and gold prices.
Collector, occasional seller
I agree and once this is realized makes the above not so much the busting-out headline it appears to be upon first blush.
The value of this hobby is the hobby, not the value.
Circ grades Barber halves down in CDN.
Substantial lag time; that might have been true in July.
All we've learned is who isn't the best coin dealer in the country.
I presume he's looking at the August print version which reflects NOTHING other than silver price weakness in July. Circ common date Barber halves and Morgan silver dollars trade very close to or at melt.
If we look at the online Greysheet which reflects current pricing and the recent rally in silver prices, we see green arrows for circ Barber halves type
And green arrows for Morgan dollars type
All comments reflect the opinion of the author, even when irrefutably accurate.
Maybe take a look at the online Greysheet.
All comments reflect the opinion of the author, even when irrefutably accurate.
It took that post for you to learn who isn’t the best coin dealer in the country?😉
By the way, what’s “silver lettuce weakness” ? And is there also gold lettuce weakness (or strength) ?
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Wait wait wait. @Cougar1978 ISN'T the best coin dealer in the country? This is shocking and disappointing news. Is he at least the best dealer in Southern California?
chopmarkedtradedollars.com
Let us all not rag on Cougar1978 too much. His contributions to this forum outweigh any misgivings readers may have upon opening his threads.
Autocorrect always changes price to lettuce for me. Lol. Fixed. Thanks
All comments reflect the opinion of the author, even when irrefutably accurate.
A> @braddick said:
Absopositively. I would miss him if he were gone.
All comments reflect the opinion of the author, even when irrefutably accurate.
In looking at the online GS vs the GS mag I just got I decided to go w the online version as it’s real time. Have been bidding in some auctions.
The value of this hobby is the hobby, not the value.
The magazine, online or paper, is still the print version. It's just a pdf versus paper. I posted the app numbers above, if you care to look. They are all green. You are looking at nothing but adjustments in the price of silver to coins that have very little numismatic premium.
All comments reflect the opinion of the author, even when irrefutably accurate.