Early Type Soars in FMV
Monday, March 6, 2006
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Even when there are two large coin shows on the same weekend, there is still enough business for most dealers to be satisfied. The Las Vegas Coin Show and the Palm Beach Show caused dealers to split their loyalties this past weekend but coins are trading so readily that there seems to be enough activity to create satisfactory sales. Dealers did complain that there was not a large public turnout at either agenda but the retail dealers did say they sold coins to retail buyers. The market remains very solid with many coins rising in FMV. Early Type Coins are very steady and most of the higher buyers are not getting as many coins as they desire for their customers. Especially strong are Early Gold and Bust Halves and Dollars. When we see these coins for sale, most of them are well above our listed FMV for the date and grade. More interesting is that many times we do not see these coins offered again so we are sure they are going off the market. That is one of the reasons you will see so many of the early issues rising in FMV. The metals were very steady last week with Silver being the big news as it surpassed the $10 level. The metals were down slightly this am until there was a big sell off. Silver dropped back to just under $10, at $9.98 and Gold is at $553.90. Platinum fell to $1036 but the market is still open and anything can happen. -What's Hot? Gold Commems MS63 and Higher Silver Commems MS63 and Higher Barber Coins MS63 and higher Early Gold -- $2 ½, $5, & $10 XF & higher Early Bust Halves & Dollars Fine and Higher Battle Creek Dollars Lovely Toned Morgans 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 MS63 and Higher -What's Not? Modern Commems Without Govt. package State Quarters PR issues under 69 require discounts -Other Requests 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 1804 Draped Bust / Heraldic Eagle Silver Coin
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