Since the publication of my book, Profit from Gold and Rare Coins Now, at the beginning of this year, the gold and rare coin markets have been mixed.
Semi Numismatic Coins remain the best choice for diversifying in Gold
While spot gold prices have been bouncing between $1175-$1225 with no breakout either way in sight, semi-numismatic coins such as MS-65 St. Gaudens $20s have remained steady at 50-60% premiums over melt. As we predicted, this is much higher than at the end of last year when gold prices were more and premiums were near 30%, so when gold dropped these coins did not drop as much (premiums increased). We continue to strongly recommend accumulating these coins vs. bullion and so far this has been your best gold bullion play.
Current Market Presents Best Opportunity Ever to Selectively Acquire Major Rarities at Deep Discounts
Whenever fresh material hits the market, particularly in auctions, usually they are quickly absorbed. However, if there is a surfeit of a particular series of rare coins such as was the case Are published by large and for profit publishing companies, and help me with my maths homework please they are more!