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Time to Face the Music
November 29, 2007



I have received my invitation to speak at the Sarasota Coin Club meeting held in conjunction with the Florida United Numismatists Convention in January. This will be my third year in a row, so what I have to say must be of some interest to the members.

I enjoy attending. It is nice to see a meeting of a successful club that I otherwise wouldn't be able to visit and to hear what its members have to say.

This past January I gave a talk with 10 forecasts for this year. I have just one more month to go before I have to tote up my successes and failures.

One of the glaring failures so far has been my gold forecast. Back at the opening of 2007, I figured whatever gold did it would close right round $600, not all that far from where it opened the 12-month period. Better not quit my day job, as the saying goes.

I thought I had good reasons, but apparently the market thinks otherwise. I suppose I can console myself for the next 30 days by saying it ain't over 'til it's over.

But I am ready to face the music. What better place than the FUN convention to make a clean breast of things and look forward to 2008? What better group than Sarasota club members to share it with?

Then there's the truly hard part. I have to come up with 10 more forecasts. Perhaps I should leave gold alone.

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About the Author
David C. Harper has been a coin collector since 1963. He joined the Krause Publications editorial staff in 1978 and is currently editor of Numismatic News, Bank Note Reporter and World Coin News. He also edits two books annually, North American Coins & Prices and Coin Digest. He is the author of the Class of '63 column that runs each week in Numismatic News. His first bylined numismatic article appeared in the June 1971 issue of Coins Magazine and his various Krause Publications assignments included a stint as editor of the magazine 1980-1983. Harper received a bachelor of science degree from the University of Wisconsin-Oshkosh in 1977. He had a double major of journalism and economics.

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