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Brian’s Rare Coin Market Report and Outlook May 4, 2017

By Brian Kendrella, President

Author: Brian Kendrella, President / Thursday, May 04, 2017 / Categories: Brian’s Rare Coin Market Report and Outlook

This past week the Stack’s Bowers team attended the Central States Numismatic Society Convention.  Overall, activity was mixed in our opinion, due to the varied quality of the material being offered. However, it followed the patterns that we have seen recently – great coins are bringing outstanding prices and attract tremendous interest, good coins are bringing strong prices, and average to below average coins are bringing average prices.  This is nothing new and when we view the market through this lens, we were quite pleased with our activity at the show and we remain enthusiastic about the strength of the market. 

On the auction side of our business, activity was brisk as we gathered several consignments for our Summer Baltimore Auction as well as our ANA World’s Fair of Money Auction.  Consignors are especially excited about our upcoming ANA auction, which harnesses the excitement of one of the biggest auctions of the year with one of the best shows of the year.  Consignments already total over $10 million, and are highlighted by the Lord St. Oswald-Norweb 1794 Flowing Hair Silver Dollar we announced two weeks ago.  We are welcoming consignments of U.S. coins, world and ancient coins, and U.S. and world currency until our consignment deadline of June 5th.  Space is limited. 

All the best,

Brian Kendrella