Liquidity
Liquidity for a Collectable Market
Worldwide Trading Network
The Dealer Trading Network is an organization of coin buyers and sellers that instantly communicates the bid and ask price of countless premium coins each and every day. At any given time, coin dealers from around the United States can provide buy or sell quotes for almost any certified U.S. coin, providing comparable liquidity to other traditional investment markets. This network forms the backbone of the coin market.
This degree of liquidity is made possible because of independent grading by the NGC (premium Guaranty Corporation) and the PCGS (Professional Coin Grading Service).
These grading services have established a standard for individual coin grading. Once assigned a grade by one or both of these services, the now encased coin can be purchased and sold -- whether you happen to be in New York or Los Angeles... giving you a degree of liquidity unmatched by other types of collectibles.
Coin Auctions, Where Emotions and Prices Run High
Coin auctions are where collectors hang out. These are people who are always on the search for the more unique or higher graded coins they need to complete their collections. It's a very real passion for them.
The chance to own a one-of-a-kind coin absolutely raises their emotions. And these emotions, in turn, can raise the bidding on auctioned coins far beyond any other avenue of liquidation...
The famous Eliasberg Coin Collection, for example, was a major event that fetched over $30 million for unique, one-of-a-kind coins.
The Online Boom
There are numerous websites, like Ebay, that sponsor a more informal kind of coin auction. In these auctions, participants need not travel to an actual location on a given day. Instead, they can view auctioned coins online and then bid for them over a several day period.
This “bid-friendly” type of auction has greatly extended both the size and scope of the coin market, bringing in hundreds of thousands of new collectors. In fact, the last two years has seen perhaps the greatest influx of coin collectors recorded. This is due, also, to the phenomenal popularity of the Ebay and to the fact that the U.S. Mint has a very successful online coin presence.
Lear Is There When You Wish to Sell
You need to know that when it comes time to sell your coins, we'll be there to help. Not only do we monitor the Dealer Trading Network, but we have our own network of coin dealers that can handle your coins as if they were their very own.
The statements made on this website are opinions only. Past results are no guarantee of future performance or returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. Lear Capital, Inc. cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. Lear is a retail seller of precious metals and its buyback (or bid) prices are lower than its sell (or ask) prices. Metals must appreciate enough to account for this difference in order for customer to make a profit when liquidating the metals. Lear does not provide financial advice or retirement planning services. The decision to purchase or sell precious metals, and which precious metals to purchase or sell, are the customer’s decision alone, and purchases and sales should be made subject to the customer’s own research, prudence and judgment.