Anyone else noticed decent deals on collectible coins are evaporating?

I used to graze on great midweek deals on sleeper Morgans during midweek auctions online when everyone else was working or sleeping. That's gone. I'm not talking about junk stuff, I'm talking about collector grade coins. Coinflation seems to be upon on us!

 

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I'm still finding deals, but they do seem to be harder to find at the moment.

 

Absolutely. I collect a narrow niche of Pre-1800 Sicilian silver coins and it's become almost impossible to cherry pick good coins on eBay like it used to be. Now even the junk stuff is going for top dollar.

Before I'd sometimes find eBay sellers who didn't know what they had and I got some excellent deals. I still look but no luck.

 

I can still find good buys but they are getting harder to find.

 

It's almost like no one is working while they are at work!

 

Ahh, the internet is for the birds. Find that dealer that saves the good coins for ya!

 

I don't trust my local guy farther than I can throw an elephant! Private message me and I'll tell you why.

 

Meh....

 

The coin market is definitely hot right now. With the surge in precious metals, even low purity silver world coins are much more than a couple years ago. I was astonished to see a US war nickel currently melts over $4!

I occasionally get a good deal on coins, but it's much less frequent than it used to be and is normally only when I bundle 2-4 together from the same source.

 

I used to find deals on Ebay not so much anymore.

 

The pickings at the shows are definitely lower. In the old days I could often buy coins for around the "bid" prices on the Greysheet. Nearly everything is priced at retail from what I can see.

 

The local pawn shop just put out someone's collection - a bunch of common silver dimes, quarters, and halves, all priced at 10% above melt. There might have been a couple of marginal deals at that level, but everything was in batches with one or two mildly interesting coins and a bunch of dogs. Nothing was tempting.

Part of me wants to watch the shop ride the whole batch back down to $30/oz.