Rare Coin & Currency Collecting News: cdn-exchange/
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CDN Exchange Sees Active Wholesale Bidding Heading into Industry's Major Summer Event -- the Worlds Fair of Money
The numismatic community will converge on Rosemont, IL next week. Market strength and enthusiasm among the dealer community is strong heading into the show.
Make more money, save time, and influence the market!
In his newly-named monthly column, CDN Vice President Patrick Ian Perez shares his thoughts on the current state of the United States rare coin market.
The latest on the CAC-approved rare coin market.
A good measure of strength for any market is the number of participants. While we have discussed the many positives of the current rare coin market in past issues, it has been very encouraging to see the level of market-making from many dealers.
In some of the most exciting news to announce in a long time, at least from our perspective, CDN has acquired the well-known world paper money resource The Banknote Book (BNB).
In a major industry announcement, CDN Publishing has agreed to acquire the collection of world paper money catalogs edited by Owen Linzmayer, and published under the name of The Banknote Book (BNB).
As we enter the fifth month of the year, we are also finally starting to see real progress in terms of vaccinations and, therefore, a legitimate ending to this pandemic that has strangled our ability to travel and visit one another for the past 14 months.
Considering the cloud of the pandemic hanging over our head's the market remains extremely vibrant and we ""almost"" experienced a major silver rally with the Gamestop stock craziness. In the meantime, we've kept our heads down at CDN with a brand new app, a new book and more...
The USPS is experiencing unprecedented delays in shipping times. Some magazines shipped a month ago still haven't been delivered.
In his November 2020 report, Perez discusses the impact of presidential politics on financial and metals markets in addition to recent auction activity.
We are still facing a situation where dealers are having a lot of trouble sourcing fresh material in a marketplace of few in-person events.
Publishers Message: Wholesale Prices Starting to Show Positive Movement Across the Board (October 2020 Greysheet)
For the first time in 5 years since I've taken over the helm as publisher here at the Greysheet, we are witnessing a true groundswell of positive pricing movement. ""People are quoting numbers for coins that are higher than we sold them for a week ago. Sometimes we buy them, sometimes we pass.""
CDN Publisher, John Feigenbaum, discusses his quarterly report on the CAC coin market as it appears in the August-September-October 2020 issue of the CAC Rare Coin Market Review.
In the numismatic trade we can more fairly apply this term to the cancellation of coin shows all over the world due to the corona virus outbreak and social distancing precautions.
Precious metals and, by extension, U.S. coins, continue to benefit from widespread demand. For the month of May, silver was up 19.3%, its best one-month gain since April 2011. Gold rose 2.6%, and was up 14% year-to-date as of June 1st, making it the leading asset in that category.
Allow me, if I may, to strike a tone of optimism here. For the first time this year, we are starting to feel some of the weight lifted from our collective shoulders. I speak from a coin dealer's perspective, of course, however, many small businesses the world over are experiencing the beginnings of the sun poking through the clouds.
CDNX is an amazing tool that is available to all coin dealers that levels the playing field for all participants to compete and collaborate in the rare coin and paper money marketplace.
Patrick Ian Perez summarizes the current state of the U.S. rare coin market in the February 2020 Greysheet.