Daily Rare Coin Update
June 17, 2009 – United States rare coin prices can vary greatly depending on the type of coin, its rarity and of course, Mint State Grading. Many United States rare coin prices are showing minor increases today as both gold and silver are making small rebounds after last week’s moderate losses. Companies like the Professional Coin Grading Service and the Numismatic Guaranty Corporation update the prices of their coinages on a daily basis with their online price guides, and that is usually one of the best places to get up-to-date United States rare coin prices when needed most. Always remember that the prices you see on their official online price guides are retail values, meaning that they are simply the suggested price that the coinages should be purchased or sold at. Don’t let this fool you into believing that the coins will always be that price, especially since reputable wholesale companies could charge even lower than this suggested price while non-reputable companies could charge significantly higher. This being said, I always recommend that you work hand-in-hand with a reputable rare coin dealer in order to get the best prices and services, because in the end that is the most effective way to maximize both investment and collection potential.
By around 4:20 PM Eastern Standard Time, the United States rare coin prices of the most popular investment grade coinages are either remaining flat or increasing today depending on their rarity and Mint State Grading. Gold is currently trading at around $935 per ounce, increasing seven dollars for the day while silver is currently trading at around $14.17 per ounce, increasing $.15 for the day.
Shawn Penny
Senior Staff Writer - Rare-Coin.org
