| COIN OF THE WEEK | David Hall's
Personal Favorite |  | 1914 $5 Gold Indian PCGS MS 65
PCGS Population: 22
Pop higher: 1
A gorgeous original Gem example.
The $5 Indian gold piece is the rarest of the 8 major 20th Century gold types.
Very difficult to find in MS65 and better condition. For the 1914, PCGS graded a mere 22 examples MS65, with just one example graded higher.
That works out to less than one per year for PCGS.
This example has very attractive mark-free surfaces.
The strike is sharp and the luster is iridescent and very nice.
Outstanding condition and rarity for the money.
|
| | More... |
Why buy Silver Commemoratives?
More...  
|
| 
Why Top Quality Coins are the Best Performers
Mint State 64 and above coins clearly have the best performance record. And, it's not just a small difference. Top quality coins are 5 to 10 times rarer than MS60 and MS63 coins. But the "supply" is even thinner. A big percentage of top quality coins are "semipermanently" off the market. Many coin collectors and investors give their best coins to their heirs.
So MS60 and MS63 coins are 20 to 50 times more available than MS64 or better coins. That's the supply side of the equation. On the demand side, the desirability of MS60 and MS63 coins is limited. With the lower Mint State grades comes major problems, i.e. scratches, nicks etc., that take them out of the higher grade categories. Simply put, they are not attractive to most coin buyers. MS60 and MS63 coins have both sides of the supply/demand equation working against them.
The economics of the marketplace ensure that top quality coins will continue to be the coin market's biggest winners.
|
| | | The Velvet Tray | 
Over the last couple years we have discussed what would happen if the Chinese government stopped buying our bonds ... More...
If you would like to receive an advance copy of the Velvet Tray, email us:
|
| | | | |
|
|