Early Gold Leads Healthy Market
Monday, March 24, 2008
|
Printer Friendly
Despite the metals reversal of fortune this past week, the coin market remains as healthy as ever. The Higher Denomination Wholesale Price Guide exhibits a considerable number of advances this week due to buyers raising their bids. Early Gold again leads the way, especially in Mint State grades. Some dealers are looking for several uncirculated coins for their customers. This market has plenty of depth. Deep Mirror Prooflike Dollars continue to move higher in grades MS64 and higher. Dealers are looking for the scarce issues for advanced collectors who are willing to pay the price for these high grade rarities. New higher bids by one of the nations top market makers have a tendency to bring some of these coins out into the market. In the last month, the 1903 in MS65 DMPL has advanced over $5,000 wholesale. Many of the generic Gold issues, especially $5, $10, and $20 show some declines this week because of lower bullion. Gold has dropped nearly $100 since last weeks high. However, we are still finding many advances for rare issues that come on the market and realize prices much higher than previous levels. Early Twenties with low populations are in strong demand. 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
http://www.numismedia.com
|