FUN and Auctions Launch New Year
Monday, January 9, 2006
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There was no shortage of praise from the dealers and the collectors who just attended the FUN Convention in Orlando, Florida. The year is certainly beginning on a high note as activity was spread out among most all dealers. Nice coins and key dates brought higher prices and there were lots of competitive buyers at this first major show of the year. With the metals moving higher last week and starting this week stronger still, the overall market is very healthy and attracting many new potential collectors. Granted, some of these will be initiated through their purchases of bullion-related coins, but a certain percentage will be converted to full-fledged collectors in time. The auction houses reported tremendous results from their initial sales of the year and most of the buyers seemed quite satisfied with their new purchases. In many cases, we heard reports of auction purchases being sold right on the floor for serious profits. This is a very good sign for the market as collectors still have extensive needs at this point in time. As we mentioned, the metals are higher again this morning with Gold currently at $546.70 and Silver at $9.17. Platinum is again approaching the $1,000 level, now at $996. -What's Hot? Barber Coins MS63 and higher Early Gold -- $2 ½, $5, & $10 XF & higher 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 MS65 -What's Not? Modern Commems Without Govt. package State Quarters PR issues under 69 require discounts -Other Requests 1914 D Lincoln Cent VF PCGS, NGC, ANACS 1916 D Mercury Dime Fine NGC, ANACS, PCGS 1840, 40 O $2 ½ Gold NGC AU50 1838 $10 Gold XF 40-45 NGC 1917 TI Standing Lib Quarter MS63-64 FH PCGS 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 http://www.numismedia.com
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