The summer sizzles?

The summer sizzles?

 The American economy is now experiencing an unprecedented period of debt-fueled growth which started during the Reagan years and although it was interrupted mildly by the recession of 1990-1993 , has continued unfazed for 17 years. This tremendous monetary growth has created a whole generation of paper millionaires. And it raises this question, "If this prosperity ended, would the rare coin market suffer?" Rare gold coins are tangible assets. They generally enjoy added demand when the stock market is discomforting. So while collector demand might dwindle as a result of a stock market crash, investor demand for gold coins would most likely increase. Any problems in the rare coin arena will most likely be the result of a lack of availability of investment grade coins. This has been a continuing problem, and while the summer has traditionally been a slow season, lack of supply has driven the value of the coins upward. Heed the call, we can’t wait till fall!

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