$10 million sale Shows the strength of rare coins

By: Mobin

A 1794 Flowing Hair dollar graded PCGS EF45 sells for $528,000 in a November Heritage auction.

Auction

The Long Beach Expo auction sees over $10 million in total sales, indicating a healthy market.

Total 

Collector coins are seeing softening prices in many areas, though key dates and high grades still bring solid premiums. 

Premiums

Bullion coin demand is being driven more by hardcore collectors rather than investors due to high interest rates.

Bullion  

New U.S. Mint products continue to see high demand upon release though secondary pricing is mixed.

Sales

While still strong in spots, parts of coin market show impact of inflation and recession worries.

Economy

Truly rare coins like the 1794 dollar continue marching to their own demand drumbeat.

Market  

U.S. Coins Spanning 60 Years Goes Up for Auction