Carson City Twenties Popular
Tuesday, September 30, 2008
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Wholesale prices for Carson City $20 Gold are rising due to nearly unabated demand. One major dealer told us, these are very popular coins and we can sell as many accurately graded coins as we can get our hands on. We all know they must be reasonably priced, however, the FMV has been advancing for the last 6 months. Most of these coins are low mintage and have low populations for each specific grade. Not only are the Carson City Twenties increasing in this weeks HD Wholesale Market Dealer Price Guide, but also so have most other better dates from 1850 to 1876. There has been a sharp influx into the coin market of new investors and they are being directed toward rare coins of the 1800s. There are many more advances in other Gold series for better to rare dates. Most of the increases are for coins valued at $2,000 to $20,000. This could indicate that collectors and new investors are looking for diversity rather than a single rarity. However, dealers are still able to sell coins valued at and over $100,000 to advanced collectors. Many dealers are showing interest in better date Seated Half Dollars. Like other series in the 1800s, Seated Halves are loaded with specific dates that are not readily available. Some of these are dates thought to be somewhat common, however, they just do not trade that often. The population reports are a good guide to help determine which coins, by grade, could have a promising future. We typically find updated trades on some of these issues at 15% to 35% higher than previous wholesale values. 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 $4 Gold Stellas All Grades 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 Early Gold - $2 ½, $5, & $10 XF & higher Walkers MS63 and higher Indian Cents Red & Red/Brown MS & Proof Early Lincoln Cents Red; MS63 & higher Three Cent Silver Key Dates -What's Not? State Quarters PR issues under 69 require discounts Early Silver Commemoratives All Grades Modern Bullion Issues MS69 and lower -Other Requests 1909 S VDB Lincoln Cent All Grades 1909 Lincoln Cents All mint state Grades
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