Can This Market Get Any Hotter?
Monday, January 30, 2006
|
Printer Friendly
We are seeing so much activity that we wonder whether this market can be any more active. Our answer is a resounding Yes! As strong as some series are at this time, we feel that collectors are still being rather selective in their pursuit of coins. There are numerous series that have not had much movement in FMV and offer lots of upside. Of course, it will take a certain amount of demand to cause the increases in FMV over a period of time. But by looking at the census reports in NGC and PCGS you can definitely find some very interesting coins that have not moved up in a long time.When you see coins that have a population of 100-500, but are considered common dates, the most populated coins in the same series may have populations of 2,000-3,000. What we see is the number of collectors in the numismatic universe that will eventually influence the FMV prices for these lower populated common date issues. It does not take a rocket scientist to figure out that a few million collectors can create considerable demand in a short amount of time. Now add into the mix the movement of the metals and you will find a whole new area of coins that can be under priced compared to other coins of equal population. If the metals continue to rise, as many analysts expect, you can just imagine the carryover effect that it will have on the psychology of numismatics. Gold has now jumped to $565.90 and Silver is charging toward $10, now at $9.75. Platinum is moving rather briskly as well, up to $1,064. -What's Hot? Barber Coins MS63 and higher Early Gold -- $2 ½, $5, & $10 XF & higher Carson City Dollars Govt Holders Carson City Dollars NGC Certified Mercury Dimes MS64 & up 1916-30 Walkers 1916 to 1929 MS63 and higher Indian Cents Red & Red/Brown MS & Proof Early Lincoln Cents Red; MS64 & higher Key Dates in all series Walkers MS64 and higher Dollars Morgan & Peace in MS64 & 65
-What's Not? Modern Commems Without Govt. package State Quarters PR issues under 69 require discounts
-Other Requests 1914 D Lincoln Cent VF PCGS, NGC, ANACS 1916 D Mercury Dime Fine NGC, ANACS, PCGS 1840, 40 O $2 ½ Gold NGC AU50 1838 $10 Gold XF 40-45 NGC 1917 TI Standing Lib Quarter MS63-64 FH PCGS 1893 S Morgan Dollar Sell ANACS VF30 1915 $50 Pan Pac Round MS63 PCGS 1911 D $10 Indian MS64 PCGS 1876 $1 Gold VF or XF 1902 S $20 Gold MS63 PCGS Sell
http://www.numismedia.com/
|