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Current Website Articles
eBay Update on Coins, Currency, and Precious Metals - April 2012
This update provides insight into the eBay sales of coins, currency, and precious metals as seen through the eyes of two eBay Powersellers (eBay IDs: dwest61506 and jdwest07). This update covers U.S. and World coins and currency sold during April 2012. The method of sale was by auction, which nearly always started at 99 cents and carried a zero reserve price, or through sales of Buy-It-Now items. (Read More)
Coin Market Update
For the past few months, precious metals prices have traded in a relatively narrow range; this has limited the movement of bullion coins and coins that trade mainly on their bullion value. Collectors seem to be turning their attention back to rarity and quality. High value ($100,000+) and high grade (registry set quality) coins have done very well. Early (1793-1833) coins of all types and rare coins have been in demand, as well as nice collector coins. (Read More)
How Many Early American Coppers Still Exist? Where Have The Rest Gone?
Today, large cents and half cents are available at most coin shops and shows. While there is merit to the thought that you see far fewer coppers today as compared to ten years ago, the fact remains that early American coppers are available to collectors. But how many exist? And what happened to all the others? (Read More)
California Pioneer Fractional Gold Coins – The Kansas Connection
When the California rush started in 1848 it created a new found wealth for many. As usual, this new wealth was spent on the wants and needs of life. Until modern times, the U.S. has been plagued with a chronic lack of coinage (species) to take care of day to day transactions and California of the 1850’s was no exception. (Read More)
Introduction to California Fractional Gold Coins
The origins of the small fractional gold coins from California came about in 1848 with the discovery of gold in California. Once this discovery became known the rush was on to California to strike it rich. It is estimated that over 300,000 people traveled to California to begin their careers as gold miners. (Read More)
Ebay Auction Prices Realized for American Silver Eagles
This article provides recent eBay auction prices for US American Silver Eagle Coins. This series of bullion coins is very popular on eBay and elsewhere. (Read More)
Coin Market Update
We are neither financial advisors nor prognosticators. There are, however, a few things we expect to see in 2012. Price differences between the best quality coins of a given grade and the “dogs” will continue to increase. (Read More)
Tips for Selling Your Coins on Ebay
Is it time to sell all or part of your coin collection? Eventually we all reach that point. So if that day has arrived and it is time to depart with some of your prized coins or maybe just thin out the duplicates, on alternative to selling your coins is eBay.
Previous Articles
A quiet summer was upended the past few days, with gold and silver again on an upswing. Numismatic coins (those not dependent on their bullion content for their value) have been trending upward throughout the summer. Rarer and higher grade numismatic coins are outperforming more common coins. (Read More)
Price Comparison for US Coins from 1947 to 2010
Collectable coins have always been touted as a good investment for your money. Is that really true? To test this assumption I used a reprint of the first Red Book issued in 1947 and compared the prices to the current 2011 (Read More)
Introduction to Classic Head U.S. Half Cent 1809 to 1836
This article is an introduction to the U.S. Half Cent dating from 1809 to 1836. The purpose is to give the collector or investor some basic information to get started collecting this series of U.S. half cents. The term "Classic Head" refers to design of Miss Liberty on the obverse (front) of the coin. A design similar to this was .. (Read More)
Introduction to the U.S. Two Cent Piece - July 2011
This article is a brief introduction to the U.S. Two Cent Piece dating from 1864 to 1873. The purpose of this
article is to give the collector some basic information to help get them
started collecting this series of
As a result of the Civil War, the general population was hoarding coins and there was a shortage of coins needed to complete day-to-day financial transactions. (Read More)
Introduction to the Flying Eagle Cent 1856 to 1858 - June 2011
Coin Market Update
Market Update:
Obscured by volatility in bullion prices, the overall coin market has moved steadily higher by about 4% this year. Rare coins and those that are nice for the assigned grade have been very difficult to locate, with most locked up in collections for years to come. (Read More)
Gold – How High Will It Go? Oct. 15, 2010
It’s difficult to get a clear fix on the coin market over the summer, since activity is much slower. However, the bell-weather ANA show in Boston this past week certainly suggested a stronger market. The modest downturn of 2009 and early 2010 seems to be..(Read Article)
Coin Market Update - (8/13/10)
It’s difficult to get a clear fix on the coin market over the summer, since activity is much slower. However, the bell-weather ANA show in Boston this past week certainly suggested a stronger market. The modest downturn of 2009 and early 2010 seems to be..(Read Article)
Predicted Price of Gold for July to December 2010
No one can predict the price of gold in the future. Many have tried and very few have come close to being correct. However, this fact doesn’t stop us from trying to looking into the future. In this article I analyze 28 years worth historical gold prices to get an estimate...(Read More)
GLOSSARY OF GOLD AND SILVER RELATED TERMS
Example of items in the glossary
ALLOY
ANNEAL
NNEALING
ASSAY
AQUA REGIA
BALANCE SCALE
BASE METAL
BRICK
BRITANNIA SILVER
(See Other Terms)
Introduction to Collecting Sales Tax Tokens
Collecting Sales Tax Tokens has been a part of numismatics for years and can be a lot of fun. This brief article gives the collector an introduction to the origins, identification, and current prices of common tax tokens.
Background of the Tax Token
Currently there are no known tax tokens in circulation. They were mainly products of the depression of the 1930's along with wooden nickels, depression scrip, and other kinds of emergency money. They were meant to assist in the collection of consumer's sales taxes when the amount due was only a fraction of a cent. During the Great Depression people did not like the idea of paying a whole penny tax on a small purchase, say, 25 cents.
.....(Read More)
Coin Market Update
(5/19/10)
By Brad Welles *
Solid Rock Rarities
316-250-7287
CoinsWorthSaving.com
The past three months have been dominated by rising spot gold and silver prices. Bullion coins and generic gold have benefited the most in terms of price increase. The rest of the coin market is generally stable to rising...(Read More)
Repeal of Sales Tax for Coins and Precious Metals and More…
On December 9, 2009 Representative Ron Paul introduced H.R. 4248 the Free Competition in Currency Act of 2009. The following is a brief summary of the bill: (Sec. 2) Repeals the federal law establishing U.S. coins, currency, and reserve notes as legal tender for all debts, ...(Read More)
Previous Coin Collecting and Investment Articles
Coin Market Update (11/14/09)
For the previous 5 years, virtually all parts of the coin market moved higher together. This year, different segments of the coin market have performed quite differently. For example:
-Generic Gold – Already up close to 25% this year...(Read More)
American Silver Eagle NGC MS69 eBay Auction Prices Realized
No current Coin Price Guides list prices for the high grade certified American Silver Eagle Bullion coins. These coins are popular and are bought and sold continuously. This price guide lits the prices (12/2009) for NGC graded MS69 American Silver Eagle coins. (Read More)Glossary of Coin Grading Terms and Abbreviations
By Doug West, Ph.D.
In the world of collecting coins there are a wide variety of terms and abbreviations used to represent the grade or condition of a coin. Some are very helpful and others nearly meaningless. This guide presents some of the more commonly used useful terms and explain them. (Read More)
Coin Market Update - (8/10/09)
Summer is usually a quieter time in the coin market, and the summer of 2009 has been no exception. Sales volumes for most dealers, as well as prices in general, have tended toward the soft side. The big winner for the last three months was generic gold: common pre-1933 US gold coins. Generic gold benefited from both increasing spot gold prices and ...(Read More)
Predicted Price of Gold for August 2009
One way to get an understanding of the monthly flucuations of gold prices is to look at several years of past price history and use this information to determine the price of gold for the current year. In this analysis, 25 years of price history for SPOT gold was reviewed to determine an approximate range for the price of gold in August 2009. (Read More)
Price Analysis of 1956 to 2007 US Proof Sets
The prices of US Proof sets can be analyzed to determine which set’s prices are high or low when compared to the group as a whole. The value of Proof sets is like other markets in that they are are always moving toward a price equilibrium. The problem is that the “price equilibrium” is also a moving target. There is new information, (Read More)
Coin Values in an Economic Recession
Last summer we posted “Coin Values in an
Economic Recession” At the time this article was written we didn’t officially know a recession
had already begun. It wasn’t until December 2008 that it was announced that an economic recession has been
going on since December 2007. Experts tell us...
(Read More)
COINS WORTH SAVING By Brad Welles
www.coinsworthsaving.com
Every coin must be judged on its own merit, and the assistance of an experienced dealer is invaluable. Generally speaking, however, we prefer to deal in coins that exhibit the following characteristics: (Read More)
Coin Values in an Economic Recession
6 April 2009
You can’t hardly turn on the TV or open a newspaper without some mention of the economic recession. So what does this recession mean for the coin collector and dealer? Will the value of our collections take a big hit? Obviously, we won’t know the effects until a recession actually occurs. However, we can look at the last two recessions and see what happened to a typical group of coins. The two most recent recessions occurred from July 1990 to March 1991 and March 2001 to November 2001. (Read More)
Which Coin Price Guide is Right?
7 April 2009
There doesn’t seem to be a shortage of coin price guides available to the collector and dealer. About a dozen come to mind immediately. To try to make sense of some of the information available to value coins I did a comparison for seven coins that are commonly bought and sold by collectors. What I wanted to discover was how do the price guides compare to actual prices of coins being sold. With only seven coins this isn’t an all inclusive statistical comparison of actual prices and the price guides, however, from this limited sample of coins you can get an idea of how well the price guides reflect the current price of coins. (Read More)
Who Will I Sell My Coins To When I Retire from Collecting?
8 April 2009
A collector friend of mine asked me the other day “Who would he sell his collection to once he was ready to retire from collecting”. I gave him a less than profound answer to his question, however, that got me thinking. Like most collectors and dealers it is easy to get a large sum of money tied up in your collection or inventory. So just who will we finally sell our coins to when we stop collecting? (Read More)
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