Prices Going UP!!!

Are We Ready for Another Price Increase in Error Coins?

 

   Get ready for another price increase on many errors. WHY? You ask.. Well, most of us are aware that the US Mint had sent strict instructions to many of the Major rolling companies, that all errors are to be returned to the Mint, OR Lose their multi million dollar contracts with the Gov't.

   That simple instruction, led to many large price increases on may errors, as it made many unobtainable to the nations largest error coin dealers. That new Mint procedure led dealers to paying higher prices for errors and raising their sell prices also.

   Now, the Mint has contacted many of the smaller rolling companies, that were subcontracted by the larger ones and issued them the same warning! Thereby, almost all the major error dealers in America have been cut off of many of their supplies of

modern errors. This means dealers will now have purchase coins off collectors and other dealers, while paying considerable higher prices. When dealers pay HIGHER Prices! Guess what??

   That's right, so are YOU.. So if things do not loosen up soon and dealers stocks run short and are forced to pay higher prices, expect prices increases on Almost everything. How High? I'd estimate 25-50% increases, making many of my predictions coming sooner than I even thought! We'll keep you updated next month on this matter, so don't forget to come back and keep your fingers crossed.

 

 

 

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All content in this newsletter is the opinion of the author and should not be taken as sound investment advice.


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