Coin Expert Predicts 5 Million New Collectors in 5 Years.News Editors/Feature Writers TIBURON, Calif.--(BUSINESS WIRE)--March 28, 2000 Dr. Donald H. Kagin, the nation's only Ph.D. in Numismatics numismatics (n  'mĭzmăt`ĭks, –mĭs–), collection and study of coins, medals, and related objects as works of art and as sources of information. , and considered the leading authority on U.S. gold This article is about a video game company. For other uses, see US Gold (disambiguation).U.S. Gold was a British computer and video game publisher and developer from the early 1980s through the mid-1990s, producing numerous titles on a variety of 8-bit, 16-bit and 32-bit coins, is predicting there will be 5 million new collectors of rare gold, silver and copper coins in the next 5 years. "For the past two decades virtually the entire rare coin market has been gradually shrinking as has the price of most rare coins. However, certain fundamentals as well as recent developments have changed the dynamics and direction of the market," declared Dr. Kagin at a recent seminar. "Collector interest in rare coins received a positive jolt with the recent release of the new gold colored Sacagawea Dollar The Sacagawea dollar, along with the Presidential Dollar series, is one of the two current United States dollar coins. This coin was first minted in 2000 and depicts the Shoshone woman Sacagawea, a member of the Lewis and Clark Expedition, carrying her son Jean Baptiste coin. Unlike the Susan B. Anthony dollar The Susan B. Anthony dollar is a United States coin minted between 1979 and 1981, and again in 1999. It depicts women's suffrage campaigner Susan B. Anthony. The reverse depicts an eagle flying above the moon (with the Earth in the background), a design adapted from the Apollo 11 fiasco, demand is extremely high for this new coin. Add to that the 5-year 50 state commemorative quarter promotion that commenced only last year. Demand is so high, that the first few states' quarters are now selling for several times their face value," Kagin explained. "Among the entire collector community, including treasure hunters, the recent sale and release of the largest gold treasure ever, the $100 Million S.S. Central America Central America, narrow, southernmost region (c.202,200 sq mi/523,698 sq km) of North America, linked to South America at Colombia. It separates the Caribbean from the Pacific. treasure, has created quite a sensation. "Now add to this, rising inflation with record energy prices, virtually full employment forcing much higher labor contracts, a very strong if not overheated o·ver·heat v. o·ver·heat·ed, o·ver·heat·ing, o·ver·heats v.tr. 1. To heat too much. 2. To cause to become excited, agitated, or overstimulated. v.intr. economy, a worldwide increase in the demand for gold and a volatile stock market. It's no wonder we are in the beginning stages of the first bull market in rare coins in over 20 years. "And there appears to be no slowing down. With considerably more wealth and the general graying of the strong baby boomer collector base, we now see many collector/investors searching for diversification and a safe haven for their assets. "In effect, the rare coin market is now where the stock market was six years ago," concluded Kagin. Donald H. Kagin, Ph.D. a 30 year rare coin expert in the San Francisco Bay Area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation). The San Francisco Bay Area, colloquially known as the Bay Area or The Bay , can be reached by calling 415-435-2601 or at www.kagins.com. |
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