FMV Still on the Rise Monday, May 8, 2006 | Printer Friendly Let me repeat this; the coin market is hot. Most numismatists know this and are in the midst of acquiring. The confidence level in this market is well above average and many feel that it will not let up for some time to come. You can pick almost any series and there are specific coins by grade that are attracting lots of potential buyers. In many cases, the whole series is hot. We have been involved in numismatics for over 45 years and we cannot remember a market that was this hot and had the depth that this one has today.   We remember 1979 and this is so much different in the respect that there are hundreds, if not thousands of competitive wholesale buyers at today’s levels. Collectors are stockpiling lots of coins in all areas of the market. It seems like most collectors are not as specific as they once were and they are looking for a wide variety of coins in all series. This is what makes this market so overwhelming; the strength is not limited to just a few series that dealers are persuading collectors to purchase.   With the metals still tending to higher levels (this morning Gold and Silver are down) the impetus helps the overall coin market as buyers increase their number of purchases. However, as prices rise, the number of coins purchased will tend to lessen since most buyers have a limited budget for coins. Gold is currently at $677.30 and Silver is $13.78; Platinum is up at $1186.   -What's Hot? $5 Indian Gold – MS63 and Higher BU Rolls – Dollars, Walkers, Franklins 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 Morgan’s Carson City Dollars – Gov’t Holders Carson City Dollars – NGC Certified Mercury Dimes – MS63 & up 1916-30 Walkers – 1916 to 1947 MS63 and higher Indian Cents – Red & Red/Brown MS & Proof Early Lincoln Cents – Red; MS64 & higher Key Dates in all series 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 1911 D $10 Indian – MS64 PCGS 1876 $1 Gold – VF or XF http://www.numismedia.com <<New Year Begins with a Bang COIN MARKET REPORT ARCHIVE >>Metals Rebound from Downward Trend