Courtesy of ZeroHedge by Tyler Durden Yesterday we reported that Goldman now expects the Fed to restart Permanent Open Market Operations, i.e., bond purchases, i.e., QE some time in November. For those who missed it, Goldman assumes a roughly $15bn/month rate of permanent OMOs, “enough to support trend growth of the balance sheet plus some additional padding…
Tougher date; Minor Premium From a robust mintage of 1.2 million pieces, the 1879-S Liberty double eagle was heavily circulated at the time of issue and many examples were used to settle large accounts in foreign trade. Many coins have been repatriated from overseas holdings in recent years, but most examples seen have excessive bag-marks…
Courtesy of ZeroHedge by Tyler Durden One of the reasons for the sharply hawkish response to yesterday’s FOMC meeting – one which saw both the dollar and yields spike – is that as we pointed out yesterday morning, in the hours ahead of Powell’s press conference, Wall Street consensus quickly shifted with many expecting the Fed…
No Saint, But a Tough N.O. $10 Lib The 1882-O eagle is an elusive issue from a small mintage of 10,820 coins. The average survivor grades AU50. Rarely encountered in Mint State, with fewer than 40 pieces certified MS60 to MS63 at PCGS and NGC combined. This particular example is particularly flashy with semi-prooflike surfaces…
You Should See This (Near Gem) C (Mint) The 1852-C is among the most plentiful Charlotte gold dollar issues despite a mintage of only 9,434 coins. Doug Winters estimates that as many as 350 coins may survive. However, few are in the upper Mint State grades. This Plus-graded near-Gem is conditionally rare, and just a…
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