Is Gold Going Higher
Since our last issue, gold has resurrected itself and risen over 20% from its twenty-year low recorded this past summer. The big question from our clients has been: “Is gold going to go up any higher?” While nobody can answer that with any high degree of certainty, I think it is worth noting the following: […]
Bass Collection Realizes $18 Million
Harry Bass, Jr. Gold Collection Realizes a Stunning $18 Million in Proceeds On October 2-4 at the Park Lane Hotel in New York City, several hundred bidders from all over the world competed for a magnificent selection of gold coins from the Harry Bass, Jr. collection. Most of these rarities had been unavailable to collectors […]
Demand Forces US Mint to Reduce Allocations
High Demand Forces U.S. Mint to Reduce Allocations Again! This is becoming a bit of an annoyance: Allocations of gold and silver American Eagles are being reduced…again. Mint spokesman Michael White said September 30 that demand for gold and silver American Eagles has been extraordinarily strong all year, with demand exceeding the Mint’s capabilities to […]
1804 Silver Dollar Sells for $4 Million
Market Hot…Hot…Hot! As Evidenced By 1804 Draped Bust Silver Dollar Bringing $4.1 Million! On Monday, August 30th, the numismatic world was shocked when a real estate developer from Texas paid an astounding $4.1 million for a PR68 specimen of the 1804 Silver Dollar. The anticipated price was in the $2 million range and the room […]
Information Age Will Explode Demand for US Coins
The Learning Curve Has Shortened: How the “Information Age” Has Investor and Collector Confidence Growing at an Unprecedented Rate. by Adam J. Crum As evidenced by the auction results of the past nine months, it is easy to understand that the market for rare coins has once again taken off. To a certain degree, I […]
CMI Issues RED ALERT BUY on Gold Indians
A Coin I Didn’t Consider Offering Until I Saw the 19-Year Graph by Adam J. Crum I’ve been looking for a coin to recommend to CMI readers that would combine beauty and value in a very competitive market place. I also wanted this coin to be trading at a low enough level to make it […]
Rare Coins Will Come of Age in the 21st Century
CMI foresees a strong bull market lasting well into next millenium Rare coin prices are very strong and indications are that this strength will continue for some time. The charts accompanying this article reflect the market’s bullish trend. The great bull market in stocks has created a surge in personal wealth which is exactly the […]