Business Back to Normal
Monday, July 9, 2007
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Dealers are hopeful that the coin market will pick up after very light trading during this past holiday week. Many dealers took advantage of this time to spend it with their families. With the metals making a major move this morning it looks like many of the vacationers are back to buying and selling on the teletype systems. There continues to be very strong demand for highest graded Mint State Jefferson Nickels, Roosevelt Dimes, and Washington Quarters. Some increases are noted in this week’s Wholesale Market Dealer Price Guide. However, we are not seeing many of these coins trading hands because they are not readily available. When dealers locate them or produce them through one of the grading services, the asking prices are generally higher. These are great coins for major auctions because thousands of collectors will have the opportunity to see them. The Summer FUN Convention takes place this week in West Palm Beach. Heritage Auction Galleries will conduct the official sale and is sure to attract aggressive bidding by dealers and collectors looking for new material. See this E-News and past issues in E-News Archive:
http://www.numismedia.com/market/enews/archive.shtml -What's Hot?
DMPL Morgan Dollars – MS63 and Higher
PL Morgan Dollars – MS63 and Higher
Seated Dollars – Most grades
Seated Half Dollars – Most Dates & Grades
$10 Gold Indians – MS62 and higher
BU Rolls – Dollars, Walkers, Mercuries
Mercury Dimes – MS63 and higher
Early Gold - $2 ½, $5, & $10 XF & higher
Walkers – 1916 to 1934 MS63 and higher
Indian Cents – Red & Red/Brown MS & Proof
Early Lincoln Cents – Red; MS63 & higher
Key Dates in all series
Washington Error Dollars
Three Cent Nickel & Silver – Key Dates -What's Not?
State Quarters – PR issues under 69 require discounts
Low-end quality coins require discounts -Other Requests
1883 CC Morgan Dollar – MS65 NGC, PCGS
1883 CC Morgan Dollar – MS65 P/L & DMPL NGC, PCGS
1909 S VDB Lincoln Cents – VG to MS60
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