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Re: Sizeable losses for nice Fairmont coins tonight.
For high-end coins, the market can be alot thinner as DW noted several times. The market can aborb a few dozen 4 or low 5-figure coins to the existing supply total...but a low-single digit pop census… (View Post)1 -
Re: Fairmont Collection of Liberty Double Eagles
Good wrap-up article over at Doug Winter's site from RR now that the auctions for Fairmont Collection coins is over. There is still existing inventory left to sell some of the lower-tier coins. https… (View Post)2 -
Re: Moody's downgrades United States credit rating on increase in government debt
I have a meeting with them in a few weeks for a pension fund I advise. I will be asking them in what world is the U.S. Aa1 which is only 1 grade higher than Illinois, which is in the toilet. :D (View Post)2 -
Re: $3000 Gold and its effect on numismatic gold coins - legs after that?
Not familiar with Half Eagles, these are Common or at least Non-Rare coins ? Gold was about $1,150 - $1,350 for most of that time, so a 1/4 ounce coin had about $300 in gold, give-or-take. So you pai… (View Post)1 -
Re: Are gold coins being melted in quantity?
There are anectdotal reports of melting. I suspect the bulk of the Fairmont Collection may have been sent in for melting, at least the non-certified coins. We were about to see this phenomenon with s… (View Post)3