Interview with Van Simmons, a co-founder of PCGS:
The Daily Crux: Van, what’s the state of the rare coin market these days?
Van Simmons: The rare coin market is healthy‚Ä¶ It’s very liquid. But we have seen a bit of a shakeout with the price of gold going down. So it’s taken many of these coins out of the so-called “weak hands.” Most of the people left are the strong, longer-term investors.
Some of this area has become very inexpensive, and I can assure you it’s Read the rest of this entry »