The Bret Leifer Rare Coin Letter
Winter 2004 NEWSLETTER
Professional advice you can trust
Dear Collector,
The year 2004 has been a good year for coins. 2003 was also a good year. There are thousands of new collectors who began collecting coins this year. Some of these people were drawn into coins because of the new state quarter program. These people (usually ages 40-70) collected coins as kids and now that spirit has been re-awakened all these years later. Now successful, these new collectors can afford to spend many thousands of dollars for those special coins they once drooled over as eager, young collectors.
Some new people are drawn into coins because they wish to diversify into gold. Gold coins are a way to enjoy history and collecting. As many of you know, it is extremely satisfying to obtain these special pieces that you've always wanted; those special coins that make your collection more meaningful to you.
In general, many coins went up 20% since the beginning of the year. Some of those gold coins came back down 20% so they are even, and still represent good values. Some coins are up more than that, and premium quality pieces are still getting very difficult to locate. In my opinion, the competition for nice coins will keep getting get stronger in the next few years.
And of course - ALWAYS TRADE non-useful coins for better coins. Coins that will suit your purpose! So many people I speak with have all this residual coin material lying around. It should be traded for better coins!
Remember:
- If you have purchased gold from us, you have nice coins.
- If you need to sell for any reason, let us know. We need coins.
- If you don't have coins, you should own gold coins because they are good insurance, insurance that you only buy once!
- Most gold coins seem to be a great value now.
I believe that selected coins can increase between 100 - 400 % within the next 3-4 years. It seems that we are in a period just like the pre-Jimmy Carter period. Selected coins did great in that economic environment.
Whether you are looking to own one important, magnificent coin or whether you are building a world-class collection (and everything in between) we can assist you in your endeavor.
In either event, call us at 1-800-331-2646 (COIN) with your questions. We will be happy to provide answers.
Happy Holidays,
Bret Leifer & Staff