I am a long-time coin collector and I have just started to sell coins on a regular basis. Over this summer, I was selling several coins a week. Now it seems that velocity has dropped to 1 coin every 2 weeks, with a very similar inventory. Are there peaks and valleys that you long-time dealers have noticed? If so, what is (are) the seasonal/cyclical variation(s)? Thanks. E. Andrew Corley edited
In terms of coins of numismatic value, this is generally the slow season. But precious metals always seems to ramp up through the end of the year. You will see recovery in rarer coins after the first of the year.
I agree with Doug, but on the flip side as a buyer -- The summer is a great time to get good deals; around mid-November through March competition for coins in auctions and prices online start to ramp up (so good times to be a seller).
Lets see cold dark wet short days with nothing to-do except hunker down in the bunker. Might be a clue....
For overall coin sales probably. For ancients, a lot of the excitement is around Fall and early Spring since that is auction season in Europe. Lots of coins moving then. I even see a lull a few weeks before each auction season as I believe a lot of collectors are saving their pennies for the auctions. For coin shows, coin stores, etc. I am sure it is how you describe. Also do not underestimate the affect of Christmas. Lots of coins are either bought for others or yourself at this time. I am sure that skews winter figures higher as well. Chris
Where I live summer seems to be the time to buy for the same reasons already stated, except here it's too hot from March to September to do anything outside so people shop online. I slow my buying in winter because it's nice out and I'm doing stuff outdoors. Guess the answer is regional in nature. Guy
It's a fair trade-off...you have pleasant summers and brutal winters while I have pleasant winters and brutal summers. Guess the only difference is you can bundle up where I can only strip down so far. Guy
