Advantageous Premiums on U.S. Gold Tuesday, October 3, 2006 | Printer Friendly This is the time that most astute dealers are taking advantage of the “cheap” premiums on U.S. Gold. The market for the most generic gold coins is about as soft as we can remember in many years. There are some market makers offering to sell Twenty Dollar Gold coins at slightly above the bullion content. This is a tremendous opportunity for dealers who have collectors with cash to spend. Collectors can make money when the price of gold increases and they can make a little more when the premiums move up as well. Some dealers are advising their customers that these are a much better buy than modern bullion coins at about the same premiums.   The overall market is quite mixed right now as the two sides square off defending the attributes of the Mint’s modern issue bullion coins versus the older truly rare coins. There is much to be said on both sides with all the new collectors being introduced to numismatics through mint products. It is up to the dealer community to switch these new collectors into real numismatics.   Currently Gold is $582.40 and Silver is $11.03. Platinum is $1115.   -What's Hot? BU Rolls – Dollars, Walkers, Franklins Buffalo Nickels – MS64 and higher Mercury Dimes – MS64 and higher Walking Liberty Halves – MS64 and higher Gold Commems – MS64 and Higher Silver Commems – MS64 and Higher Early Gold -- $2 ½, $5, & $10 XF & higher Battle Creek Dollars – Lovely Toned Morgan’s Carson City Dollars – NGC Certified Walkers – 1916 to 1934 MS63 and higher Indian Cents – Red & Red/Brown MS & Proof Early Lincoln Cents – Red; MS64 & higher Key Dates in all series   -What's Not? State Quarters – PR issues under 69 require discounts Low-end quality coins require discounts   -Other Requests 1876 $1 Gold – VF or XF Buffalo Gold $50 – Buy/Sell Carson City Dollars – Gov’t Holders 1880 Morgan Dollar – MS65 NGC 1855 Arrows Seated Half – MS65 NGC 1994 $25 Gold Amer. Eagle – MS69 NGC 1999 $25 Gold Amer. Eagle – MS69 NGC http://www.numismedia.com <<New Year Begins with a Bang COIN MARKET REPORT ARCHIVE >>Demand is High for Coins with Potential