Over $15.4 million in U.S. coins and currency sold at Stack’s Bowers Galleries’ official auction of the 2017 Whitman Coins & Collectibles Winter Expo

SANTA ANA, CALIFORNIA — The official auction of the 2017 Whitman Coins & Collectibles Winter Expo held by Stack’s Bowers Galleries was an astounding success, realizing over $13.3 million across eight sessions of United States coinage and related issues. Nearly $2 million in paper money also crossed the block with superb results. The sale was highlighted by significant collections including the Cardinal Collection, the Alexander Collection, and the Murray Hill Collection, in addition to many other cabinets that created great excitement and attracted enthusiastic bidding. (All quoted prices to follow include the 20% buyer’s premium.)

Lot 8: “1779” (1789) DeFleury at Stony Point Obverse Cliche. Tin, uniface, backed with paper. As Betts-566. MS-62.

An impressive offering of Numismatic Americana in Session 1 was marked by noteworthy Mint Medals and Washingtonia. Strong bidding began early with the extremely rare tin cliché of the DeFleury medal from the Cardinal Collection in lot 8. As one of only two obverse cliché’s known (the other is the Ford example), this piece realized $10,800. A gorgeous MS-64 BN CAC example of the famous Libertas Americana medal in bronze in lot 19 sold for a strong $51,600. Lot 61 offered a lovely original 1853 Pierce Indian Peace medal in silver that brought $10,200. The selection of George Washington issues comprised nearly 70 lots of rare and desirable items. A gorgeous and possibly unique (ca. 1800) Resumed Command medal with a provenance to the Norweb Collection was featured in lot 84. Certified MS-62 and attributed as Musante GW-86, that piece brought $15,600. This price was exceeded shortly thereafter by the gorgeous Washington Inaugural Button in lot 131 that brought $16,800 as one of just three to five known of the variety.

Lot 168: 1905 Women’s Auxiliary of the Massachusetts Civil Service Reform Association Presentation Medal. Bronze. 125.6 mm. by Frances Grimes and Augustus Saint-Gaudens. Marqusee-349, Storer-1321, Dryfhout-199. MS-64.

The massive 125 mm. medal from the Women’s Auxiliary of the Massachusetts Civil Service Reform Association realized $11,400 in lot 168, certainly bolstered by its association with Augustus Saint-Gaudens. Lot 213 offered a Charleston, South Carolina Interstate and West-Indian Exposition Award Medal in rare gold format. Awarded to the Philadelphia firm of Henry Disston and Sons, this example sold for $15,600. An incredible new discovery was offered in lot 271, the only known HK-1000a Erie Canal Medal in silver. This unique piece exhibits a previously unknown reverse die now classified as Reverse A, and brought $26,400.

Lot 10001: (1792) Washington Born Virginia Copper. Legend Reverse. Musante GW-33, Baker-60, W-10730. Rarity-6. Copper. MS-66+ BN. Secure Holder. CAC.

Session 4 comprised the Rarities Night Auction, featuring the most magnificent treasures of the Baltimore event. The session had an impressive start with the Washington Born Virginia copper from the Cardinal Collection offered in lot 10001. Certified MS-66+ BN CAC and likely the finest known, it earned $114,000. Lot 10003 showcased the Mint State 1792 Silver Center cent that was the undeniable star of the evening. Also from the Cardinal Collection and with earlier provenance to the 1905 Chapman brothers’ sale of the Charles Morris Collection, this historic rarity realized $900,000. Additional highlights from the Cardinal cabinet included an incredible AU-58+ 1794 Flowing Hair half dollar that brought $252,000 (lot 10057) and the only Mint State 1797 BB-72 Draped Bust silver dollar that sold for $264,000 (lot 10075).


Lot 10114: 1796 Capped Bust Right Quarter Eagle. No Stars on Obverse. BD-2. Rarity-4. AU-53. Secure Holder.

The gold coins offered in the Rarities Night session included a parade of jewels from the Murray Hill Collection, beginning with a gorgeous AU-53 1796 No Stars quarter eagle in lot 10114 that earned $150,000. Immediately following was an incredible MS-63 * 1796 Stars on Obverse quarter eagle from the Murray Hill Collection previously from the collection of John Whitney Walter, which sold for $324,000 in lot 10115. A handsome Mint State 1808 Capped Bust Left quarter eagle was presented in lot 10116, and sold for $144,000. A Proof-66 Cameo 1879 Flowing Hair Stella from the Murray Hill cabinet was featured in lot 10118 and earned a top price of $240,000. The larger denominations of the Murray Hill Collection also saw aggressive bidding, with the Proof-63 Deep Cameo 1873 Liberty Head double eagle in lot 10126 bringing $105,000 and the Proof-65 Ultra Cameo 1889 Liberty Head double eagle in lot 10127 earning $90,000. Among other double eagles in the sale, the finest certified 1858-O double eagle appeared in lot 10206. Recovered from the S.S. Republic shipwreck and graded MS-63, that prooflike piece sold for $156,000. Lot 10214, a Proof-66+ * Ultra Cameo 1886 double eagle that is one of just 20 to 25 remaining, brought $228,000. The Proof-65 * Ultra Cameo 1889 double eagle in lot 10215 garnered an equally strong $156,000.

Lot 4004: 1652 Pine Tree Shilling. Large Planchet. Noe-1, Salmon 1-A, W-690. Rarity-2. Pellets at Trunk. EF-35.

Session 7 featured an expansive selection of Early American coinage, presented in cooperation with the Colonial Coin Collectors Club (C4). The offering of Massachusetts silver was highlighted by a Large Planchet 1652 Pine Tree shilling from the Noe-1 dies, which realized $14,400 in lot 4004. A gorgeous Choice EF Lord Baltimore sixpence sold for $18,000 in lot 4009, and the MS-63 BN 1788 Massachusetts cent in lot 4066 nearly doubled its price realized in the sale of the Donald Partrick Collection, bringing $15,600 in the Stack’s Bowers Galleries event. A highlight of the evening’s session was the offering of 61 exceptional duplicates from the Syd Martin Collection of New Jersey coppers, including the gorgeous AU-55+ 1787 Maris 48-g in lot 4171 that brought $4,560 and a lovely VF-30 1788 Maris 65-u in lot 4197 that sold for $7,800. A handsome VF-25 1786 Maris 19-M in lot 4139 from the LJV Philadelphia Collection sold for $11,400. A premium AU-55 Bar Copper also from the LJV Philadelphia cabinet brought $13,200 in lot 4219. The Washington pieces in the Early American session met with the same enthusiasm seen by the Washingtonia in Session 1. The exceptional MS-66 BN Liberty and Security penny from the Cardinal Collection in lot 4242 sold for $6,600, and an AU-55 Washington Funeral Urn medal in white metal brought $8,100 in lot 4251.

Totaling over $15.4 million in prices realized, the Stack’s Bowers Galleries’ Official Auction of the 2017 Whitman Coins & Collectibles Winter Expo was among the most dynamic and successful Baltimore events in recent memory. With considerable representation in Numismatic Americana and Early American coinage, in addition to world-class rarities, it suggests that collector demand remains strong in these areas. Contact Stack’s Bowers Galleries today to take advantage of this continued success and have your collection presented at auction with the expertise and professionalism that has served the coin market for over 80 years. Call 1-800-566-2580 or e-mail info@StacksBowers.com for more information.

Press release courtesy of Stack’s Bowers Galleries.

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Comments

  1. cagcrisp says

    Let’s see…

    I count 30 Lots listed

    I count 30 Lots 100+ years Old

    I count $3,381,060 in those 30 Lots

    The cheapest 2 Lots:

    1787 New Jersey copper $4,560
    Undated “1795” Washington Liberty and Security penny $6,600

    SO…For $11,160 you Could have purchased a 230 year old 1787 New Jersey copper and an Undated “1795” “Finest Certified Washington Liberty and Security Penny”…

    …OR… For $10,878 you Could have purchased the Last 6 “70” Palladium coins sold on the bay.

    I doesn’t take me long to figure out which one I would do…

  2. mccam36525 says

    Number of 2017 America the Beautiful Silver Bullion 5 oz George Rogers Clark National Historical Park coins up for grabs = 32,400 so far.

  3. Tom says

    @cagcrisp. For me, I would buy the the True Numismatic Rarities. I can buy a “70” Palladium easier. Assuming you are talking about Palladium Eagles.
    Not to rain on anyone’s parade. But our modern bullion coins take a back seat on the Numismatic Train.

  4. Buzz Killington says

    I expect, in the last 10 years though, those two very old items with a somewhat limited market have appreciated less than Palladium bullion has. And both have appreciated less than investing in an index fund that tracks the stock market. So the idea of investing in medals from the 1700s, including the best ever, etc., is still one laden with risk.

    These are the kind of items that one should only buy if they are liked, presumably because you have a historical appreciation for those specific pieces. I would venture to say that most coin collectors lack the knowledge to have such an appreciation. And of course, I include myself in this.

  5. Natatack says

    Santa Ana, Ca. ? Was this in conjunction with a coin expo or just a stand alone auction in the Orange County area? Thanks

  6. cagcrisp says

    @Joe M. says

    November 21, 2017 at 6:09 am
    …” SILVER was very good for the past 46 years per $1….”

    I’ve only kept daily records of Silver prices since 1997 …SO… I had to use KITCO data for average Silver prices for the previous years to make up to 46 years.

    Silver averaged $1.976 for CY1972

    In 1972 the 10 year Treasury averaged 6.21%

    In 1972 the S&P averaged 109.14

    …SO…From $1.976 Silver in 1972 to current price of $17.01 that’s a 761% return

    From S&P price of 109.14 in 1972 to current 2602.42 that’s a 2284% return

    How about comparing IRR for Silver for the past 46 If you chose to stack Silver with a purchase at the average price of Silver annually?

    IRR for past 46 years for Silver is 2.899%

    The Average price of the 10 year Treasury for the past 46 years is 6.465%…SO…Silver doesn’t get close to being as good an investment as either stocks or bonds for the past 46 years…

    Here is the IRR of stacking Silver(making the same exact oz. purchase) for the past 46 years using a Current Silver price of $17.01/oz.:

    46 years 2.899%
    45 years 2.840%
    44 years 2.801%
    43 years 2.784%
    42 years 2.639%
    41 years 2.730%
    40 years 2.707%
    39 years 2.705%
    38 years 3.096%
    37 years 3.428%
    36 years 3.545%
    35 years 3.758%
    34 years 3.942%
    33 years 4.034%
    32 years 4.089%
    31 years 4.114%
    30 years 4.210%
    29 years 4.269%
    28 years 4.286%
    27 years 4.193%
    26 years 4.064%
    25 years 3.891%
    24 years 3.765%
    23 years 3.591%
    22 years 3.400%
    21 years 3.132%
    20 years 2.892%
    19 years 2.562%
    18 years 2.133%
    17 years 1.598%
    16 years 0.923%
    15 years 0.153%
    14 years Lost Money
    13 years Lost Money
    12 years Lost Money
    11 years Lost Money
    10 year Lost Money
    9 years Lost Money
    8 years Lost Money
    7 years Lost Money
    6 years Lost Money
    5 years Lost Money
    4 years Lost Money
    3 years 2.221%
    2 years Lost Money
    1 years Lost Money

  7. Sith says

    @cagcrisp – What are MCI, Enron and Worldcom’s worth today? I hate it when people make blanket statements, don’t get me wrong I like indexed funds, but the S&P 500 use to consist of companies like American Motors, Studebaker, and for more modern stocks lets include Sears, and Radio Shack. Its very easy to show returns when you dump losers, and bring in winners, but if you own the S&P 500 when they dumped a company you will still take the loss, while the index increases in value.. It is estimated that 40% of the S&P 500 will be extinct in 10 years. Again don’t get me wrong I like the fact that the index funds automatically cuts losers, and keeps winners, but it is also not unheard of to owe taxes for gains on a index fund, even though you lost money on it for the year. Is the S&P a better investment that silver of course, but then you did not show stock prices from Oct 1929 to Nov 1954.

  8. cagcrisp says

    @Sith, I don’t know where you are getting you information but some of what you are saying is just wrong or irrelevant.

    “if you own the S&P 500 when they dumped a company you will still take the loss,” That is just not true.

    An ETF such as the SPY tracks the index. The only way you take a loss on the SPY is when you Sell the SPY for Less than you cost basis. It is irrelevant whether American Motors or Studebaker is part of the index.

    ” It is estimated that 40% of the S&P 500 will be extinct in 10 years.” That is just as irrelevant as it can be.

    The S&P 500 is 500 stocks. That’s what you are tracking. There will be 500 stocks in the S&P 500 in 10 years. Stocks are added and subtracted from the S&P 500 because of mergers, acquisitions, capital requirement, etc. It just doesn’t matter. There still will be 500 stocks and that’s what you are tracking.

    “but it is also not unheard of to owe taxes for gains on a index fund, even though you lost money on it for the year.” Again, Not true.

    You only owe taxes on the SPY IF and Only IF you sell at a Gain. You will NEVER NEVER pay taxes on the SPY if you lose money. To pay taxes your Selling price must exceed your Cost basis. IF your Selling price is Less than your Cost basis, then you have a Capital Loss which can be offset against other Capital Gains and IF your Capitol Losses exceeds your Capital Gains then you can offset $3000 and have a Capital Loss carryover until you use up your losses…

  9. Buzz Killington says

    I think the vast majority of commenters on this board have the same level of stock market sophistication as Sith. This is why I think off-topic comments are so important. I like to know more about the kind of individuals who make the market in these collectible PM trinkets that I like, but know enough to not consider them an investment at all.

  10. Tom P. - MA says

    Selective use of comments and examples by both sides.

    If you own a mutual fund and the fund has more gains than losses in a year, you get a statement in the mail detailing the gains you have to pay taxes on. Even with SPY gains are distributed at year end and are taxable (dividends). Yes it is possible for a fund to lose money and have to pay taxes on the gains the fund made.

    Buying palladium at market highs is insanity. The metal has little use outside of the auto industry.

  11. Joe M. says

    @cagcrisp
    WOW! Thank you for that info!!!!!!!!!!!!!!!!!!!!
    🙂
    P.S. I thought I am analytical, but wow!!!

  12. Joe M. says

    @cagcrisp
    I started buying silver, 90% dimes, quarters, and halves, in 1994(paid only 3.4 x face) and by 2004 I accumulated $1,800 face of 90% silver. I was basically stuffing it away for my retirement, until I witnessed the rise from $12 in 2004 to $48(about 30 x face) in 2010. I started selling a little at $30, stopped because it kept going up, held until it peaked at $48, then started selling at $42. I made a good amount of money on that investment. I’m hoping to see a jump to over $50 so I know my retirement will be comfortable. I am back up to $1,300 face(today’s exchange would be @12 x face), but this time I want to accumulate $3,000 face. I’m selling about 80% of my entire collection and turning it into silver(started about 6 months ago)…after collecting for over 23 years, not selling anything for the first 10 years, I have a lot of coins… my coin collecting specialty is 20th Century U.S. Varieties. It will take me about a year or two to get rid of everything that remains.

    Do you think silver will have a better chance at rising, or dropping over the next few years.

    Obviously we don’t know, but here’s my PREDICTION…
    With inflation numbers suppressed, rising oil prices(currently), over-priced stocks that will have to correct sometime, medical use of silver, future silver use needed by emerging technologies, and finally, the world’s state of economy collapses due to war(hopefully it doesn’t occur). My prediction is positive for silver…maybe $60 in the next 5 years. Short-term I think we might see a drop to $16 again, but I also think we might see $20 by July.
    To anyone reading…These are just feelings, do not make investments based on them.

  13. cagcrisp says

    @ Joe M. “Do you think silver will have a better chance at rising, or dropping over the next few years.”

    On July 3, 2017 at 6:45 am I wrote…

    “On the COMEX I can buy all the Silver I want for JUL2021 (4 years future) for $18.09.

    I would take the Under on Silver Ever being $20 in the next 4 years…”

    In July 2017 the July 2021 was $18.09…Now July 2021 is $18.366

    The furthest contract listed on the CME is July 2022 and the prior settle price was $18.745…

    …SO…July 2022 is 4.5 years from now and the Silver contract prior settle is $18.745…

    …SO…I don’t trade Silver, I really don’t like Silver and I see No reason to doubt seasoned Silver traders that are putting their money on the line…

  14. rpk says

    The design on the Women’s Auxiliary medal pictured above is very similar to the design used for the 1996 National Community Service commemorative silver dollar.

  15. Sith says

    @cagcrisp – I’m not really here to argue with you, nor your agenda to get us all in the stock market. My point is that Index Funds are not prefect. BTW if Joe M. says he is happy buying silver, why do you have to prove he is not happy, or he would be happier if he followed your advice?

    As far as my advice everything I have said are the points a DRIP stock investor would tell you so you avoid index funds, and of course buy DRIPs. FYI my DRIPs have blown way your index funds, but because I do not I have a crystal ball… then add I guess you do not know when a stock gets dropped in your index fund it is not some magical process, they…you know have sell the stock, then they buy the stock of the new company to replace it. Anyway you either have no clue what your talking about, or your shielded from the gain\loss scenario by being in a 401K, and if its the later, you are once again comparing apple to oranges.

    Here is a quick Goggle search on flaws of a Index Fund…”The first is that there is a lot of turnover every single year, which is not good for wealth building. In fact, the turnover is approximately 3% – 5% per year on average. This means that every year anywhere between 15 and more than 25 companies are added and replaced by the benchmark, incurring fees for the investor….The third flaw is that I do not know what criteria the index committee uses to include stocks in the S&P 500. Sometimes, they (just like any normal investor) follow the crowd into irrational exuberance and doing stupid things. For example, back in 1999, a lot of old economy stocks were thrown out of the index, and substituted for red hot technology stocks such as Yahoo (YHOO) I would let you figure out for yourself how that worked out…You will be surprised what you learn maintaining a balanced port, rather than shilling for index funds.

  16. Joe M. says

    I consider all info beneficial, even when I don’t agree.

    I don’t take cags words as argumentative, just another point of view…backed by a lot of knowledge I don’t have.

    In fact, anyone who spends time with me in-person knows I don’t argue. I tell people to F off if they have a problem, then I never speak to them again. Life’s too short to waste time arguing.
    I try to learn from others, even if I disagree.
    🙂

  17. drew s says

    Post any places you know where they are offering up any Cyber Monday coin deals.

    Please 😉

    Thanks!

  18. Larry says

    There are very few folks in the world that can beat the S&P 500 on a consistent (>10 years) basis. If they can, why would they show you how?
    So for a long term investment for us mortals, I don’t see anything better. Unless you have crystal ball.

  19. Daveinswfl says

    How about the Mint issuing proof bitcoins😯. Pretty hot right now. If boyz could flip em quick.
    Can anyone say parabolic?

  20. Daveinswfl says

    SPY is Ben Stein’s consistent recommendation. Can’t remember the last time he recommended anything else.

  21. Sith says

    Thank you Joe M!

    For the record cagcrisp is very knowledgeable, (but obviously not in this case,) and he has been on this pro-stocks, I hate PMs, one investment size fits all kick for years. Then add I’m not sure what stock investments has to do with the US mint, and coins. Anyway I mostly just ignore these posts, but for some reason, this time, it flicked my Bic. Maybe that was because it was in response to one of your posts in another thread, and I was out of context. I just don’t see the point of not believing someone when somebody says ” SILVER was very good for the past 46 years.” Then when another person points out the KNOWN risks of investing in a index fund, they’re called misinformed, at best, and a liar at worst.

  22. Sith says

    @Larry – Take a look at DRIP investing, it cuts out the stock brokers, as you buy the stock directly from the company (sometimes at a discount)and it generally gives better returns. The main difference is you better keep an eye on it. When you buy SPY, or any S&P index fund the companies are automatically added or removed from the fund. IE you don’t need to know that Yahoo is tanking so lets yank that sucker, it done for you. Which is the point I was attempting to make above. If you are in a DRIP, you better know when to yank a stock, or you will lose big time. You can easily follow Warren Buffet’s investment strategies using DRIPs.

  23. cagcrisp says

    @Sith, “You can easily follow Warren Buffet’s investment strategies using DRIPs.”

    Here is what Warren Buffet said about S&P indexs “My money, I should add, is where my mouth is: What I advise here is essentially identical to certain instructions I’ve laid out in my will. One bequest provides that cash will be delivered to a trustee for my wife’s benefit. … My advice to the trustee could not be more simple: Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund. (I suggest Vanguard’s.) I believe the trust’s long-term results from this policy will be superior to those attained by most investors — whether pension funds, institutions or individuals “…

  24. Ryan says

    Warren Buffet is a wise investor no doubt…..but I will say that if warren was from Latin America, any African region, Russia or any number of areas other than the US he would’ve lost his shirt long ago and infact without all us dumb taxpayers bailing out Wells Fargo, Bank of America, Goldman Sachs, US bank Corp, suntrust and a few others that Berkshire had large holdings in he would’ve already lost.

  25. KCSO says

    Cramer highly recommends that you put your first $10,000 in a SPY Index fund, and then put your Mad Money to work. Cramer knows.., & should run for POTUS!

  26. KCSO says

    I had a DRIP – Beware, some of those DRIP programs charge transaction fees that are exorbant.

    I was in a Dominion Energy DRIP making a bi-weekly contributions, and they were charging my $2 per transaction, or in my case, 5% off the top prior to making the purchase, I dropped that like a hot potato!

    For those that are beginners or wanting to understand portfolio management, I highly recommend a subscription to Action Alerts Plus, it’s made me truck load this year while I work 50-60+ weeks.

  27. KCSO says

    Back in May, many on this blog were speculating on the success and potential appreciation value of the 225th Enhance Uncirculated Set that was offered for $29.95

    For kicks, I made a comparison as there was a lot of dart throwing as to how much the 225h UNC set would sell for –

    For kicks, I’m bring this up again as you need to look at mint products as ‘ART’ and not an investment.., or just forget potential upside and enjoy it for your collection.

    The comparison made was between SPOT SILVER, the 225th Set, and 1 share of REMX.

    Silver spot and one share of REMX both traded at $17 back in May. The 225th sold for $29.95

    Fast Forward 6 months –

    Silver spot is $17.03

    The 225th EU Set has sold on the bay from $23 to $35

    REMX closed today at $28.64. (Or a 68% gain in 6 months)

    And it’s too early to ascertain if the 225th will hold or fold.

    Point Being?

    1. You youngings out there, don’t get overzealous in thinking this coin stuff will appreciate. Buy it with play money as the item looks nice in your art collection.

    2. Silver doesn’t matter anymore, there’s other metals in a torrid bull market and silver ain’t along for the ride.

    IMHO

  28. KCSO says

    Joe M –

    This article was previously posted here.., recommend you read through and take it for what it’s worth –

    http://www.kitco.com/news/2017-10-27/World-Bank-Places-Bets-on-This-Precious-Metal-And-It-s-Not-Gold.html?sitetype=fullsite

    No one has a crystal ball.., though I presume the World Bank analyst that are setting the WB forecast weren’t flipping burgers at MicciDee’s 6 months ago.., and can spell Ag.

    Jus say’n. This one made me do further research.

  29. Goat says

    I think a lot of info one should consider where/who the info is coming from. One may promote an item so one may make more for themselves. What worked for one in the past, may or may not work for you in the future. One who stores their wealth in one spot, one can loose it all in one spot.
    Example;
    Bank’s may tell you borrowing money is good. What bank’s don’t tell you is at anytime they can/will call that loan at anytime. We all know banks make money from the interest but many make big quick money foreclosing.

    As we all have stated at one time or another, times are changing or different now. Some of my money is on the figures that Cagcrisp listed about the last four-teen years, thirteen have negative % growth on silver. For me it’s law of average and many other key points I watch, that include total economy. Everything has to run it’s own cycle and when that cycle is at or near the bottom and few want it, I have learned to get back in the game. I like stocks, CASH, LAND, PM’s and one should diversify with clear cash (no debt) held.

    Investments are tricky! TIME IS THE KEY. No one, no one has a crystal ball.
    P.S. if someone knows of a crystal ball that works can I be your friend, yesterday I worked for investments now I work for food.

  30. smalltimecollector says

    why, o’why does the topic drift to stocks. Isn’t there web pages for that? Seems some people here enjoy the hobby of collecting coins and not try to increase the value a’la chasing the stock market. I’m involved in other hobbies, I fish, I have some vintage lures (inc. a very nice first issue bluegill pumpkin seed), I enjoy working on cars and somewhat a hobbiest with collector cars, vintage late 60’s to early 70’s, (inc. 2 very rare cars (1 of 128, and 1 of 200) I have other hobbys, it total all are loosers except gardening which saves us much in harvests of vegetables, fruits and nuts. Why o’why are there members here that take great joy in rubbing salt in an effort to create wounds? I’ve heard it said it’s sometimes good to think but not talk (write).
    My best investments have been real estate, living within our means, and being modest.
    My suggestion buy a coin because you like it. Quit trying to make a quick profit and be content in what you decide to buy.

  31. Joe M. says

    @ sith
    I love the info cag gives. I was going to bring up the point that my comparison was based upon the dollar going in the bank compared to turning in that dollar(Silver Certificate) and getting the silver. Cags analysis was silver compared to the S&P. I feel the general public would rather buy some silver than try to invest in the Stock Market, let alone know that the S&p was the best way to invest. Instead, I took his analysis as VERY informative as I do not know how the stock markets work…shorts, long, margins etc.
    @ KCSO.
    Thank you for that article! As for investing in “Market Silver”, I don’t do that. It’s nice to read articles like that for insight 🙂
    The reason I invest in 90% silver is two fold. Granted, MY PREDICTION WAS A WILD ONE and not well-informed, but as I asked cag, what was the futures market saying about silver in 2007? Did ANYONE predict it would skyrocket to $48?? So, I am HOPING for one more round like that in the next 5 years…doesn’t mean it CAN’T happen based on what the futures traders are stating now. As for the other reason I buy 90% silver is I’m a 20th Century US Variety Specialist with over 40 discoveries to my name in the CONECA Files. There are soooo many coins worth more than the 12x Face you might pay for 90% coins(dimes, quarters, and halves). Hell, how many people here would believe you can get over $200 for a 1945s XF45 dime?…Common, right? Not if it’s a S over horizontal S. I sold one for $230. How about a 1964d MS63 dime for $75??? NO WAY, right? What if it’s the DDR or my discovery with a FULLY SEPARATED D? What about a 1964d quarter with a reverse of 1965? This is just a TINY list of coins worth over 50x what you paid in silver. Now imagine doing this since 1995.

    Point being, I just don’t concentrate on the silver market when I can turn $2 into $200 by searching a bit.
    🙂

    Just as cag can give stock market analysis(and more), if you want to know varieties that are more valuable than face value or silver spot, my “data base” is vast when it comes to US varieties in the 20th Century. I’ve been in numerous articles in Numismatic News, Cherrypicker’s Guides, once in Coin World, and have been collecting coins and silver since 1994. CONECA member since 1997

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