Bust Quarters in Demand
Monday, April 28, 2008
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Bust Quarters are showing strength much like other areas of Early Type. The Capped Bust issues from 1815 to 1828 have been solid for quite awhile but now dealers are raising their buy prices in an effort to locate nice coins for their customers. This weeks Wholesale Price Guide lists numerous increases for Extra Fine through the Mint State grades. In addition, there is still healthy demand for issues that remain unchanged. There is always demand for Indian and Lincoln Cents, Buffalo Nickels, and Mercury Dimes. The key dates continue to receive the most attention, with many active at present levels. Dealers have a difficult time keeping them in stock because demand is quite intense. However, a very few issues seem to be tentative at current levels. One such example is the 1937 D Three-Leg Buffalo Nickel. Some dealers have more in stock than normal and demand appears somewhat lethargic for grades below MS62. This could be because prices have increased so much over the last couple of years. Demand for Morgan Dollars remains firm. Most dealers across the country need multiples of coins in specific dates and grades. Not only are the generic dates active, but also the better dates in MS65 and MS66 are on the rise. Of course, strict grading is necessary and below average coins for the grade will not command the new levels. Deep Mirror Prooflike dates are advancing at a record pace. A few market makers have customers looking for the rarest dates in the highest grades and wholesale prices are increasing rapidly. See this E-News and past issues in E-News Archive: http://www.numismedia.com/market/enews/archive.shtml -What's Hot? Bust Half Dollars All Grades Early Bust Type 1794 1820 All Grades DMPL Morgan Dollars MS63 and Higher $4 Gold Stellas All grades PL Morgan Dollars MS63 and Higher Standing Liberty Quarters MS63 and Higher Seated Dollars All grades Trade Dollars All Grades Seated Dimes Most Dates & Grades Seated Quarters Most Dates & Grades Seated Half Dollars Most Dates & Grades $10 Gold Indians MS62 and higher Mercury Dimes MS64 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 Three Cent Silver Key Dates -What's Not? State Quarters PR issues under 69 require discounts Early Silver Commemoratives All grades Low-end quality coins require discounts Modern Issues Grades under 69 require discounts -Other Requests 1909 S VDB Lincoln Cent All grades 1909 Lincoln Cents All mint state grades
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