Well, like most anyone I'm glad to be moving on to 2021. I've never experienced any year like it in my 66 trips around the sun with the overall challenge being the worldwide Covid 19 virus. We have lost a couple of friends, or family members of good friends to the virus and its not over. So saddened by the losses and our thoughts and prayers to the families dealing with it are expressed time and time again.
As to how this has impacted the coin market?
All over the place!
We started out the year in a solid fashion on track at the prior year's pace. Winter FUN 2019 was a solid show, followed by a local Santa Rosa show that was very good for us, then Long Beach and the Spring ANA in Atlanta. That was it, by the end of February little did we know that would be our last show of 2020. As news started being reported about the virus out of Wuhan, China, we noticed bullion activity begin picking up, particularly in silver so in early March we began adding and increasing our silver bullion along with some gold bullion. This worked out excellent in the next few months, although we were more lucky then planing this. One of the first confirmed deaths from the virus in early March also happened to be an area coin dealer who we were friends with. That brought the reality home quickly to us and within 10 days, on March 18, we closed the shop as Sacramento County issued stay at home recommendations/requirements, exactly two days after bay area counties had done so.