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Bullish Baltimore Coin Show

Rare Coin News

March 16, 2005 Rare Coin News Monaco Rare Coins

by Adam Crum

Also:

Gold $20 Saint-Gaudens in MS63 at Cost

Special Offer While Supply Lasts

Last week, a lot of eyes were on the Baltimore Coin Convention…and with much cautioned enthusiasm. The huge auctions of January and February were the reason for the caution signs, but just two days into the show and auctions, it became obvious the market was well-prepared to soak up any available supply. Although there had been some discounting in recent weeks, it was only seen in easy-to-buy, expendable coins.

Demand for early copper, silver and (especially) gold is currently very strong and bids continue to climb. Consequently, the market is eager for genuinely rare and historically more important coins in these areas. In particular, it seems that if it is made of Gold, it is sought by many eager buyers and immediately soaked up. Sight-unseen bids on electronic trading networks have seen the impact this week, with plus signs evident across the board.

As for my Top Pick, Type I Double Eagles, they continue to be hard to buy and the number of dealers looking to acquire them continues to grow. My next newsletter, mailing in about two weeks, will show a three-year chart that will impress even the hardest of skeptics. (Please call 888-900-9948 if you are not yet a subscriber.) In short, not only are prices moving, they seem to be gaining significant steam.

The one definitive characteristic of today’s Bull Market is that collectors are in command, and that they are buying interesting coins…and not just run-of-the-mill type coins. Collectors appear to have a lot of money, the youth to hold coins for the next 20 to 30 years, and they genuinely love coins. That is not to say that coin investors are not active…they are, and very active at that. But many of those young to middle-aged investors are turning into the collectors of tomorrow.

If you are looking for a coin market opportunity that can offer long-term value, liquidity and explosive upside potential, then I encourage you to call Monaco Financial today and take advantage of a special new offer:

I recently acquired a small number of NGC-certified MS63 (choice-uncirculated for you first-timers) Gold $20 Saint-Gaudens (each contains almost a full ounce of gold) to offer to first-time buyers. For a very limited time only (while they last) you can purchase up to two of these coins at zero commission. Your price: Only $615 each. Because supplies are limited, it’s first-come, first-served. If you want a great deal on big, old and gold coins, call Monaco Financial now at 888-900-9948 and purchase these beautiful and highly-prized $20 Saint-Gaudens gold pieces.

Again, call today…this offer won’t last long. Call 888-900-9948.


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