The State of the Rare Coin Market 2012 (Certified US Gold and Silver)

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Interview with Van Simmons, a co-founder of PCGS:

The Daily Crux: Van, what’s the state of the rare coin market these days?

Van Simmons: The rare coin market is healthy… It’s very liquid. But we have seen a bit of a shakeout with the price of gold going down. So it’s taken many of these coins out of the so-called “weak hands.” Most of the people left are the strong, longer-term investors.

Some of this area has become very inexpensive, and I can assure you it’s

Gold as an investment, Investing in silver coins, Silver as an investment

The value of Silver Coins in today’s economy

value-of-silver-coins-todays-economy

This was a sign at an Ashland, Oregon station taken this month implying that if customers were to buy their gas with pre-1964 silver coins then they would only pay .20 of the face value of the coinage per gallon. These coins are now in demand because they have 90% pure silver content and are sometimes referred to as junk silver because they had no collector value at that time. Junk silver is becoming more and more difficult to come by.

Two Roosevelt dimes

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