My impression is that there's been a mild correction in generic US coins particularly in mid and AU and low MS grades. Truly rare, actual and condition, coins are still quite strong.
It’s still booming in my area. My LCS has a hard time buying as no one is selling. His inventory is lacking and he’s very busy with buyers of bullion as well.
Do you mind sharing your general location? (ie. East/West coast, South, or midwest, etc) Thanks, J.T.
The doldrums ? That's sure not how I'd phrase it. The most recent bear market in coins that started in 2008, and kept dropping until the end of 2019 when it reached levels last seen in 2003, the coin market has been steadily going up. Up to the point where it reached the highest levels seen since 2008, when the market was at its highest point since 1989. The current bull market in US coins started in Jan of 2020, rising 3 times faster than it took to drop. Recovering in 4 years what took it 12 years to lose. There may be a few select coins that have fallen off a little bit in the last couple of months, and taken as a whole, its climb may even be slowing down, but it isn't dropping. It is after all past due for that because it has done nothing but go up for over 4 years now.
