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Still a Bull Market??
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How's the current Error Coin Market doing? Well! let me just say, I wish my stocks were doing as well as my error coins. The Error Coin Market is still sizzling, Demand is up for better higher graded errors, prices are going nuts! example; saw a 1967 nickel on cent planchet graded MS 64 "RAW" sell on Ebay for $325. About a year ago these were obtainable for about $150-200. Almost a 100% increase! Also saw a 1976 Quarter on a cent planchet sell for $1,050. WOW! If the coin has the eye appeal, high grade and is sought after, LOOK OUT! There is still a number of Straight coin dealers entering this error coin market. That makes an even more competitive market than we already |
have, almost every major auction house are including error coins in their auctions, whether on the Internet or at a major coin show. Every where you look, there seem to be a new article on errors, a new discovery, and the prices being paid are TOP Dollar. What seems to an expensive out of sight price for a rare error coin today! may seem like a real bargain in six months. Where will it peak out? I personally do not see a peak till after the State Quarter Program ends in about 8 years. "8 Years"!!! And then who knows! we'll have to wait and see... Remember buy eye appealing coins, these will reward you many times over in the future.
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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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