Although it’s been a while since many of you have heard from us, we wanted to let you know that we’ve been as busy as ever buying, selling and evaluating coins and coin collections at Atlanta Gold & Coin Buyers.  In fact, the last part of 2016 and the first part of 2017 have been the busiest that we’ve had in the existence of our company.  We are appreciative of the thousands of customers that have chosen to do business and look forward to continuing to serve your buying and selling needs in the months and years to come.  The purpose of this post is to provide you with a brief status update, share with you some of the recent trends that we’re seeing in the marketplace and provide you with a list of some of the new offerings that we have available.

Status Update

In 2016 we launched a new office in the metro Nashville area and are looking forward to building the same reputation in this market that we’ve established in metro Atlanta.  We’ve partnered up with a local collector and investor in Nashville who shares the same values and passion that we have for coins and currency.  Our primary focus for this office is buying, as unlike Georgia, Tennessee charges a sales tax on the sale of coins and currency.  However, we’re hopeful that we’ll see the passage of legal tender laws in the future, as we’ve recently seen in Arizona, which will eliminate taxes on the buying and selling of gold and silver coins.

Another exciting piece of news that we’d like to share with our customers is that we’ve been awarded Kudzu’s Atlanta coin dealer of year award for the third consecutive year and for the fourth time in the last five years.  We’re honored to receive this award and have our valued customers to thank, as it would not have been possible without your loyalty, support and feedback.  For those of you who have done business with us in the past, you’re aware that we place a strong emphasis on customer service, educating our customers and operating with transparency.  For those of you who have yet to do business with us, we look forward to sharing with you in the future how we differ from our competition.

The last recent development we wanted to share is that we made the decision late last year to partner up with Trustpilot.  Trustpilot is the leading customer review collection service in the industry.  One way in which they differ from other review services is that they only permit the posting and publishing of reviews from actual customers.  Many national e-commerce businesses use this service to build trust for their brand and products.  To our knowledge, we’re the only coin dealer in Atlanta or Nashville that uses this review service.  We feel that it’s important for our customers and prospective customers to know that we place a high emphasis on transparency, customer service and meeting the needs of our customers.  We feel that this service helps to further reinforce this fact and welcome our customers to share their feedback on this platform.

Market Overview

Over the past few months we’ve seen a slight softening in the market for several numismatic coins and sets.  While still in demand, we’ve seen some downward pressure on the following coins and sets:

• GSA Carson City silver dollars
• Morgan silver dollars (all grades, including culls)
• Clad and silver proof sets
• Uncirculated Mint sets
• Modern commemorative proof and uncirculated silver dollars
• Gaudens & $20 Liberty Head gold coins (common dates)
• Most certified type coins, unless in high end investment grade

On the other hand, demand for modern issued government gold, silver and platinum coins and bullion remains healthy.  Of note, platinum coins, especially American platinum eagles (including proof), continues to outpace supply.  This is due in part to the current price of platinum as well as the platinum/gold ratio, which has historically been above 1.  At the time of this writing, the ratio is only .8.  This has helped to drive premiums higher for some platinum offerings.   Platinum differs from gold in that it is primarily viewed as an industrial metal.  When demand for products that are produced with platinum falls, such as catalytic converters, so does the price of platinum in the futures market.  However, platinum as an investment continues to remain strong even as industrial demand weakens.  On another note, the price of palladium has also been a top performer in 2017, but that doesn’t seem to be translating to strong demand for physical palladium, such as coins and bars, as we receive few inquiries for this metal.

Current Offerings

While our inventory is always changing, below are a few of the current coin and bullion offerings that we have available at Atlanta Gold & Coin Buyers:

Gold

• 1 oz, ½ oz, ¼ oz & 1/10 oz American gold eagles
• 1 oz South African gold krugerrands
• Pre-1933 U.S. gold coins, including $20, $10, $5 & $2.50 gold coins

Silver

• 1 oz American silver eagles
• 1964 & earlier 90% silver U.S. dimes, quarters & half dollars “junk silver”
• 1 oz Canadian silver eagles
• 1 oz Australian silver kangaroos
• 1 oz Austrian silver philharmonics
• Silver bullion, including silver bars & rounds

Platinum

• We’re currently purchasing all types of platinum coins and bullion. American platinum eagles are most popular, but any government issued coins or privately issued bars are of interest.

Summary

In conclusion, we’ve been busy over the past few months at Atlanta Gold & Coin Buyers.  We’ve opened a new office in Nashville, have partnered with Trustpilot, the nation’s leading review service, and have also received Kudzu’s 2016 Atlanta coin dealer of the year award.  We’re also keeping our finger on the pulse of the numismatic and bullion markets and have highlighted above some of the most popular and least popular offerings.  Lastly, as always, we have a healthy supply of coin and bullion offerings at Atlanta Gold & Coin Buyers.  Check out our inventory page for some of the most common items that we buy and sell.  Don’t see what you’re looking for?  Feel free to sign up on our inventory page to be notified via e-mail once we receive your desired item in stock or e-mail sales@atlantagoldandcoin.com or call 404-236-9744 to inquire further.