Sunday, January 12, 2014

Collectibles Are Still in Bull Market


1787-brasher-doubloon
The first gold coin produced in the American Colonies is known as the 1787 Brasher Doubloon Realizes that was just sold at the Heritage auction for $4,582,500. Ancient coins are generally up substantially over the last 10 years with pieces that sold for $20,000 in 1994 bringing today $150,000 to $200,000. Money continues to move out of banks and bonds looking to get off the grid. These market may still rise sharply and the peak appears to be actually 2025 or the peak on the next 8.6 year wave completing a cycle wave from the 1994 low.

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