Price of Gold and the Effect on Rare Coins

Interviewer: David Lisot
Dan Duncan, Pinnacle Rarities, Bob Green, Park Avenue Numismatics, William Shamhart, Numismatic Americana, Leo Frese, CT Group, Patrick A. Heller, Andrew Salzberg, Modern Coin Mart/John Maben, Kristen Oyster, Dallas Gold & Silver Exchange, Robert Higgins, Certified Assets Management International

The price of gold can be a roller coaster as it goes up and down in the world of commodity trading. How does this price of gold affect the rare coin market? Many of the country’s top numismatic dealers give their perspective on how the price of the gold affects coins worth more than their intrinsic value. 2:50

Copyright © CoinWeek 2012

2012 FUN SHOW – Orlando Florida

The 57th Florida United Numismatists Convention was held in Orlando, Florida, January 2-5, 2012. Dealers manned 597 bourse tables buying, selling and trading numismatic material as well as jewelry, treasure and other collectible items. FUN has been in existence since 1955 and has grown to become the largest coin convention in the country. Attendance was estimated to have been more than 10,000 people.

The show is one of the most heavily advertised of any coin show in America with television commercials on all the major networks as well as cable and radio. The major grading services had tables and were accepting coins for submission.

Heritage conducted a rare coin auction that included a record breaking Platinum Night Sale that included large cents from the Denis Loring Collection and gold coins from the Dr. Steven Duckor Collection. Dennis Boggs was in attendance as Abraham Lincoln teaching and inspiring people about history. Young numismatists and Boy Scouts attended special activities that are held every year to teach kids about money and collecting. Numismatic educational seminars were delivered as part of the FUN educational program.

The next FUN convention will be held this summer in Orlando in July 2012.

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Tags: Coin Investing, Coin Markets, Coin Values, Fun Show, Gold Prices, Rare Coins, US Coins, vidicon