I hope all is well. As most of you know the metals have been marching ahead while rare coins especially the ones that are scarce to exceedingly rare are marching ahead of metals. It's an activity all of us are watching in the trade and having been thru this more than once, we sort of have an idea where this is going. At some point it will make huge sense to trade common metal for rarities which will put even more upward pressure on rarities. Question, do you really think that the metal is worth $3800/ounce? At what level do you say, that's just too high especially considering that the gold market, like pork bellies and frozen orange juice is not priced according to physical delivery but what the traders in Chicago, London, Zurich etc are doing. Do you "know" what they are doing in the trading pits in Chicago? Of course you don't. You just want to protect your assets and you believe doing so by owning metals is a step in the right direction. But without knowing what those traders are betting on it becomes a traders game, not an investment doesn't it? Further, when you are trading you are speculating using just a percentage of the trade to control more product.
That's the opposite of how you "invest" or collect rare coins. in the coin market there is no leveraging of rarities. no puts, no calls no phony baloney manipulations. When you own a rarity you own it. That automatically makes it safer for the long term.
This week are shown excellent hand picked choices from a numismatists standpoint and certainly excellent coins as an investment.
First up this week is a blazing white bright gem 1856-O Half Dollar 1856-O that will knock your socks off followed by a scarce and attractive Civil War Silver Dollar 1861 in Proof 65! Next is a scarce 1880-CC Morgan Dollar fro the GSA Hoard moving right into a choice early half eagle of 1798 that is a rare variety of this rare date. Next an uber rare proof gold half eagle of 1880 followed by a gem quality 1899-S half eagle from San Francisco. The Eagle of 1883-CC is a great rarity in choiice about uncirculated condition followed by a rare type 1 double eagle of 1854 from the SS Central America 2 followed by a very neat mint error from Peru, 8 Reales of 1799. Have fun and happy hunting!
Tom Pilitowski, US Rare Coin Investments is a Rare Coin Dealer, Gold Coin Dealer specializing in Rare Coins, Gold Coins and Silver Coins since 1979. Tom Pilitowski has been involved in coin collecting since childhood. There are virtually no areas of American numismatics that Mr. Pilitowski has not explored, or has had experience in and over the years, Mr. Pilitowski has been successful in not only surrounding himself in the most astute and influential circles of coin traders, numismatists, collectors and investors but became one, who is looked upon by some of the most astute buyers as a source of knowledge, information and inventory acquisitions.
P.S. Remember, we are a small company with specialties, some of which were considered highly esoteric decades ago when I started studying and doing business we have honed over decades, who cherry picks millions of dollars in rare coins to offer you. Some of these very same numismatic specimens are today worth many times what they once were when only a few of us were as deeply involved with them as I was and still am decades later I promise you confidential, personalized and expert representation of the highest integrity. Buy and sell with confidence.
