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It Sure is Hot Out Here…
It’s been a while since my last market report, so I’m long overdue writing this entry. The coin market has been humming along steadily and business has been pretty good. Not great, but good.

I’ve been reading blogs from other dealers and most often I get the vibe the the coin market is “really hot” or “just about to be really hot”, or… Continued...

Results from last night’s sale of the “Picky Collection” were superb. The collection which large consisted of Bust half dollars, was assembled over the past decade by a very astute collector of these coins and was superb in quality.

John Brush and Jason Smith of David Lawrence Rare Coins

Collectors are getting tired of hearing how there are now fresh coins out there…blah, blah, blah….

But it’s really true.

We haven’t seen anything like the regular flow of fresh coin collections coming from our clients in the last 18 months, like we had in years prior. It’s hard to explain the phenomenon but collector’s are keeping the prized numismatic holding close to their chests. Prices have come… Continued...

The folks at CAC (Certified Acceptance Corp) have shared some information about submissions and acceptance percentages with us. CAC started their services in 2007.

Coins Submitted: 144,137

Insurance Value of Coins Submitted: $ 801,093,163.

Green stickers issued: 68,034

Gold stickers issued: 296

Wholesale Trading Volume: $139,000,000

Statistically, it looks like CAC is making a big impact in their first two years. From our… Continued...

2009 was one of those years that came in like a lamb but is going out like a lion. The majority of this year seemed to mirror the greater economy. Buyers were cautious and expected that prices would fall over the course of the year — and they did. Not in all series, but prices generally followed a downward trends this year.
At David Lawrence Rare Coins we still… Continued...