Gold Approaches $800 Monday, October 29, 2007 | Printer Friendly Bullion is hot and all generic issues are advancing. In early commodity trading gold surpassed the $790 level on its way toward $800. It has since retreated to $787, but that is still up over $4.00 on the day. This has an extreme impact on all modern bullion issues. In this kind of market, most dealers are being very careful that they have a place to go with large bullion purchases because of the concern that prices could fall dramatically in a short period.   Although rising bullion prices may be receiving the bulk of media publicity, you can bet that rare coins are still trading at even higher levels. This week’s Higher Denomination Wholesale Price Guide shows a variety of advances in several series. Bust Halves continue to show positive results of collector activity, along with some of the better dates in the Barber Half series.   Early U. S. Gold remains very strong at current levels with dealers and collectors still looking for new material. As long as coins have eye appeal for the grade with no distracting marks, buyers will purchase all that comes into the market. Highest graded Deep Mirror Proof Like Dollars are on the rise with several buyers trying to attract potential sellers. The problem here is that once you become a collector of these coins, it is difficult to let go of them at any price.   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 DMPL Morgan Dollars – MS63 and Higher $4 Gold Stella’s – All grades PL Morgan Dollars – MS63 and Higher Standing Liberty Quarters – MS62 and Higher Seated Dollars – All grades Trade Dollars – All Grades Seated Half Dollars – Most Dates & Grades $10 Gold Indians – MS62 and higher BU Rolls – Dollars, Walkers, Mercuries Mercury Dimes – MS63 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 Nickel & Silver – Key Dates   -What's Not? State Quarters – PR issues under 69 require discounts Low-end quality coins require discounts Modern Issues – Grades under 69 require discounts   -Other Requests 1883 CC Morgan Dollar – MS65 P/L & DMPL NGC, PCGS 1909 S VDB Lincoln Cents – VG to MS63 1914 D Lincoln Cent – VG and Higher   **Upgraded Online Price Guides**   Collector and Dealer Online Price Guides Enhanced   NumisMedia is proud to offer a new upgraded format of our monthly Fair Market Value Price Guide beginning with the October issue. Now we’ve upgraded ALL of our online price guides as well.   We have increased the grades per page from 5 to 10 and added many cosmetic enhancements for easier price comparisons and to simply save you time. Our prices are now easier to print with our new no frames version.   In the Online Dealer Price Guides, you will find more tools to study the current market. All prices (FMV, Market, PCGS, & NGC) for each individual coin are viewable on a single page by clicking on the date/type.   We hope you enjoy these and the many other enhancements.   Visit the NumisMedia Online Dealer Price Guides: http://www.numismedia.com/market.shtml   Visit the NumisMedia Online FMV Price Guide: http://www.numismedia.com/fmv/fmv.shtml http://www.numismedia.com <<New Year Begins with a Bang COIN MARKET REPORT ARCHIVE >>Metals Rebound from Downward Trend