Pages

Sunday, April 24, 2011

I Hate When Someone Tells You I Told You So, But I Did!

Over a year ago I said "I can see silver doubling in value before gold,  $40. silver before I can see $2200. gold. Now a year later boy was I right (ok I told you so, there I go again), as of this writing with silver over $46., gold just crossing the $1530. mark!
I have talked to many friends during the past year who I thought were smarter than me, all telling me that silver is not a "real" precious metal. The uses for silver were just not there, especially with digital photography not using silver. One of these friends just said that when silver hit $30.,  he shorted silver, feeling that was high enough, and well I guess he lost!
Now, how high is silver going? Profit taking is due, believe me this up market isn't an endless up market - it will correct. Then silver will continue past the $50. mark, into the $60. range if inflation will be as bad I as I feel it will be.
What do you think? I would like to hear your comments?

Wednesday, February 23, 2011

GOLD AND SILVER ARE BURNING HOT!

At this writing gold has exceeded $1410.00, with silver in the mid $33.00 range. I have always felt that silver had the better future price increase to gold. In other words, silver I felt could more easily double in value than gold. This doubling is on target to happen.
The only factor that makes silver less attractive than gold, is the problem of where to store say 1,000 ounces of silver?!
If you have a coin collection or estate of coins, feel free to call me personally. I will evaluate your collection free of charge for my offer.
Written appraisals are available for a fee.
What do I look to buy? All U.S. coins, including proof and mint sets, silver dollars, gold coin buyer.
Call me directly at: 203-359-2646.
Robert

Thursday, January 6, 2011

Cleaning Coins Is A DIRTY Word! Remember just one word - DON'T!

From time to time when someone walks in with a coin collection for sale, I notice that many coins have been cleaned or polished. I say, "gee it's a shame whoever put this collection together cleaned these coins", and usually the person responds, "oh I polished them to make them shiny, they looked dirty".

 I then go into my long discussion of cleaning:

Cleaning, or polishing, coins lowers the value of a coin by removing the original patina (original surface luster). Whether done on a circulated or uncirculated coin, removing the original protective surface opens the coin up to more environmental damages. These manifest themselves to the experienced collector eye as hairlines and off color unnatural toning. I am not saying that all containment removal on a coin's surface is bad, but unless done by an experienced Numismatist, this is just an easily answered - NO, when someone asks me if they should clean their coins. If you had a Renoir painting, I am sure you would not take a rag and bottle of turpentine and proceed to clean your masterpiece!

Consider those old coins as miniature masterpieces of history, and please leave the original toning and "dirt" on the coins for future collectors to appreciate, please?

If you have any questions - always feel free to write or call.
Thanks.