Coin sales?

Discussion in 'Coin Chat' started by J.T. Parker, May 3, 2024.

  1. J.T. Parker

    J.T. Parker Well-Known Member

    Hi Group,
    Is it just me, or has U.S. coin sales been in the doldrums as of late?
  2. Avatar

    Guest User Guest

    to hide this ad.
  3. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    I’ll let you know after I attend the coin show I am hitting next week.
    J.T. Parker and Inspector43 like this.
  4. Publius2

    Publius2 Well-Known Member

    My impression is that there's been a mild correction in generic US coins particularly in mid and AU and low MS grades. Truly rare, actual and condition, coins are still quite strong.
    J.T. Parker, wxcoin and ldhair like this.
  5. ldhair

    ldhair Clean Supporter

    That's what I'm seeing as well.
    J.T. Parker likes this.
  6. Collecting Nut

    Collecting Nut Borderline Hoarder

    It’s still booming in my area. My LCS has a hard time buying as no one is selling. His inventory is lacking and he’s very busy with buyers of bullion as well.
  7. J.T. Parker

    J.T. Parker Well-Known Member

    Do you mind sharing your general location? (ie. East/West coast, South, or midwest, etc)
  8. Collecting Nut

    Collecting Nut Borderline Hoarder

    South Central Pennsylvania
    J.T. Parker likes this.

    GDJMSP Numismatist Moderator

    The doldrums ? That's sure not how I'd phrase it.

    The most recent bear market in coins that started in 2008, and kept dropping until the end of 2019 when it reached levels last seen in 2003, the coin market has been steadily going up. Up to the point where it reached the highest levels seen since 2008, when the market was at its highest point since 1989.

    The current bull market in US coins started in Jan of 2020, rising 3 times faster than it took to drop. Recovering in 4 years what took it 12 years to lose.

    There may be a few select coins that have fallen off a little bit in the last couple of months, and taken as a whole, its climb may even be slowing down, but it isn't dropping. It is after all past due for that because it has done nothing but go up for over 4 years now.
  10. Player11

    Player11 Bullish

    The coin market seems strong but seems to have minor peaks and valleys.
Draft saved Draft deleted

Share This Page