1811 Capped Bust Half Dollar

1811 Capped Bust Half Dollar

Saturday, November 16, 2013

2013 Gold American Eagle sales are Up

Lower spot prices for Gold has brought buyers in for the 2013 Gold American Eagles from 40 % to 80 % from a July report from 2012. Final sales are not in yet, this is the number I would want to see for buying coins that have an exceptional chance of gain`s. I do not look to flip coins, my preferance is 5 years holding minimum. The odds of gaining greatly in 1 year depend on selectivity. Mostly my approach is with American Eagles gold and silver and a high preferance with Buffalo`s. My preferances al always side with proof coins that are graded and slabbed. Trends speak for themselves on a comparative basis. Read on and other posts will speak of them. More info on grading companies and demand have been on prior posts.

On occassions, like 2008 there was a wide variety of coins that attracted me with exception. Will a select coin or set gain popularity, a field I focus on rather than mintage. Popularity by the masses and low mintage is a indicator. Like the low mintages of Buffalos and Bald Eagle 3 coin set. Purchase price is a factor also. After the mint sold out the 3 coin bald eagle set, demand was after the Buffalos leaving the bald eagle set susceptable to less bidding. Sets were bought for less that the mint price for a short time. This is where flipping can lose money. The mintage was right though and an attractive coin to boot. The buffalos were an exceptional return. Although I did not care for the mintage of the UHR`s in 2009 that return would have been very generous. 2012 another year this time with the W Gold Eagle Proofs with the 4 coin fractional set. An all time low for mintage. Mintage amounts for the various fractionals was another key. I will be posting updates with new prospects as the year moves forward and for coming years. There will be no post until I feel the time is right on any select coin or fractional.

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