August Numismatic Report – Coin Show | Gold Buffalo | Spot Prices

In Blog by gmtc0 Comments

Wow what a busy month in the coin and bullion business. We saw some large swings spot silver and gold as well as some monster prices paid for numismatics at the ANA world fair of money show.

Gold opened at $1312 on August 1 and closed at $1396 on August 30.
Silver opened at $19.69 on August 1 and closed at $23.55 on August 30.

Did you buy low and sell high?
No, don’t worry I didn’t either πŸ™‚

Show News

Each year the American Numismatic Society holds it premier show in August around the country. This year it was held in Chicago at the Stephens Convenction Center. The show houses more than 1300 dealers from around the world as well as exhibits of the most rare numismatic treasures I have ever seen.

1804 dollarAlthough the exhibit are had many fine coins, four stand out among the rest.

  • Rittenhouse 1792 Half Disme
  • 1921 Proof Double Eagle
  • Bebee 1913 Liberty Head V Nickel
  • Idler/Bebee Class III Specimen 1804 Dollar

These numismatic examples are truly amazing and deserve their own post.
Check blog post on Sept 19th follow up on above coins.

The United States Mint released the 2013 American Buffalo One Ounce Gold Reverse Proof Coin to a very enthusiastic crowd as the show. Lines were 100 deep and an hour long to get one of these beauties. If you we’re one of the die hard Buffalo fans that waited in line for one, stop on it, we’d love to see it!

Finally there were two auctions that took place during the show, Heritage held it Pre ANA auction August 8-10 while Stack’s Bowers held theirs August 11-20.

Many amazing nusmatics items changed hands at the two auctions with some mind blowing prices paid for the rarer examples.

Sept 23 blog post will review both auctions.

Thank you for taking time to read our post. I would love to hear from anyone that was at the show to share experiences.

Take Care,
Lynda

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