Northern Michigan Rare Coins News and Notes
The world has put gold and silver on sale the past few weeks! Right now we have a decent supply of 1 ounce silver rounds priced at $1.75 over the spot (market) price per ounce at the time of purchase. What we don't have in stock you can order and lock your prices in with payment at the market price of your choice--especially popular right now are 1 oz. gold bars and 1 oz. Canadian gold Maple Leaf coins. 2013 Silver Eagles have not been released yet and are expected by the end of January/early February. 2012 Eagles are temporarily out of stock, but more are on the way! Happy 2013 from all of us at Northern Michigan Rare Coins! Just revamped the website to make it more direct--your comments are welcome as always..Mark
2012 Chester Arthur dollars have arrived--currently we have only Denver mint dollars. The P dollars are STILL on BACKORDER. Will let you know when they arrive.
We just received our first shipment of 2013 Red Book coin price guides. This year we are stocking the spiral bound exclusively. They are cheaper ($15 vs. $17) than the hard bound and collectors seem to prefer them. Stop in to the shop to pick up your fresh copy today!!!!
Ran across the analysis at http://greshams-law.com/is-gold-cheap/ that briefly discusses how undervalued gold is as a function of its currency backing history. Whatever the shorter term consolidation and ups/downs, gold is still in a bull market and represents good value at these price levels.
US MINT $1 Coins Back ordered--The recently released Chester A Arthur $1 President coins that so many collectors have been eagerly awaiting have been released--and are currently on backorder! According to a source at the US Mint there has been great demand for these coins since their mintage numbers have been lowered and they will NOT be available at banks! We have an order in and will have them as soon as we can get them--keep looking here for updates, and thanks for your patience--Mark