Dealers to Compete for Gold in Philadelphia
Saturday, September 26, 2009
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The Whitman Coin and Currency Show could prove to be a winner in Philadelphia this week. This area of the country is capable of drawing attendance from many surrounding states. Bowers and Merena will host a pre show auction September 21-23 and Stack’s will host the official auction September 23-26. Dealers have been anticipating this show for nearly a year and, if the metals hold up, it should be a very active week. There is an assortment of Market adjustments this week in the HD Wholesale Market Dealer Price Guide. Early Type is popular but it requires some discounting to move many of these issues. Collectors know that dealers are in a selling mood so prices have been somewhat flexible. There have been several 1795 Flowing Hair Half Dollars trading over the last month, thus causing the Market prices to fall slightly in grades Very Fine through AU58. The common Heraldic Halves (1801-1807) have gone down a little in the same grades. Capped Bust Half Dollars have retreated to some extent in AU through MS66; there have been many coins offered in the market at reduced prices. At the other end of the spectrum, the U.S. Gold market is drawing strong interest at this time. Dealers have been scouring the wholesale trading networks and jostling to outbid each other for the Gold coins they need for their retail customers. All denominations are active even though there are some downward adjustments where prices have met some resistance. The most active are $10 and $20 Gold where nearly all grades are advancing for the more common dates. The $5 Liberty Gold, which is usually the least active of all denominations, is having a nice run; it looks like collectors are beginning to take advantage of this area. See this E-News and past issues in E-News Archive:
http://www.numismedia.com/market/enews/archive.shtml -What's Hot?
Ultra High Relief – 2009 $20 Gold
Proof Gold Eagles - with mint packaging
Proof Buffalo Gold - with mint packaging
Bullion Coins – Early and Modern
GSA Carson City Dollars – Raw & NGC Certified
Seated Dollars – All Grades
Seated Dimes – Most Dates & Grades
Seated Quarters – Most Dates & Grades
Seated Half Dollars – Most Dates & Grades
Indian Cents – Red & Red/Brown MS & Proof
Early Lincoln Cents – Red; MS63 & higher
2009 Lincoln Cents – All Varieties
2009 Lincoln Commem Dollars -What's Not?
State Quarters – PR issues require discounts
Early Silver Commemoratives – All Grades
Early Gold Commemoratives – All Grades
Common 20th Century Coins – All grades
Buffalo Nickels – MS63 and higher
Mercury Dimes – MS63 and higher
Walking Liberty Halves – MS63 and higher -Other Requests
1909 S VDB Lincoln Cent – All Grades
1909 Lincoln Cents – All Mint State Grades
http://www.numismedia.com
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