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<p>[QUOTE="GoldFinger1969, post: 7694130, member: 73489"]Watching the bidding on Heritage and GC, the market is very strong for some of the coins I follow that are tied to gold, despite gold bullion having a tough 2 weeks and treading water for months. </p><p><br /></p><p><b><u>Saint-Gaudens gold coins are seeing higher prices and more bidders. MCMVII High Reliefs in the AU 50/53 range are now going for what AU-58's were going for 12-15 months ago.</u></b></p><p><br /></p><p><b><span style="color: #0000ff">Moderns are also getting good bids. </span></b> 5 oz. silvers in PF70 and 69 for various designs are up about 20-30%. I see higher asks and realized prices for commemoratives that utilize classic designs like the Saint-Gaudens National Park series, though some prices asked are nuts.</p><p><br /></p><p><b>You are definitely seeing "down-market" buying where more bidders buy on cheaper stuff and drive the price up MORE than at the higher end (somewhat similar to the meme stock buying with lots of small orders).</b> I noted this in another thread a while back with large denomination currency ($500 and $1,000 bills) -- the lower grades got the most interest and saw the bigger percentage jump over investment-grade stuff.</p><p><br /></p><p>If you know what has happened to prices in other coin types -- especially those that were really weak the last few years, U.S. coins NOT tied to silver/gold or precious metals -- <b><i>tell us what's happening the last 12-15 months in your areas of interest.</i></b>[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 7694130, member: 73489"]Watching the bidding on Heritage and GC, the market is very strong for some of the coins I follow that are tied to gold, despite gold bullion having a tough 2 weeks and treading water for months. [B][U]Saint-Gaudens gold coins are seeing higher prices and more bidders. MCMVII High Reliefs in the AU 50/53 range are now going for what AU-58's were going for 12-15 months ago.[/U][/B] [B][COLOR=#0000ff]Moderns are also getting good bids. [/COLOR][/B] 5 oz. silvers in PF70 and 69 for various designs are up about 20-30%. I see higher asks and realized prices for commemoratives that utilize classic designs like the Saint-Gaudens National Park series, though some prices asked are nuts. [B]You are definitely seeing "down-market" buying where more bidders buy on cheaper stuff and drive the price up MORE than at the higher end (somewhat similar to the meme stock buying with lots of small orders).[/B] I noted this in another thread a while back with large denomination currency ($500 and $1,000 bills) -- the lower grades got the most interest and saw the bigger percentage jump over investment-grade stuff. If you know what has happened to prices in other coin types -- especially those that were really weak the last few years, U.S. coins NOT tied to silver/gold or precious metals -- [B][I]tell us what's happening the last 12-15 months in your areas of interest.[/I][/B][/QUOTE]
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