Gold at $1,000 and Looking for Direction Monday, September 28, 2009 | Printer Friendly The Whitman Coin and Currency Show exceeded most expectations. There were over 400 bourse tables for this first time show and the majority of dealers have already signed up for next year. There appeared to be a constant stream of collectors roaming the show all the way to closing. The public was quite impressed and dealers had high praise for the show promoters.   The overall market appears to be more positive especially for earlier Classic coins. Collectors are looking for bargains but they are buying when they feel the price is appropriate for the grade. The Moderns Wholesale Market Dealer Price Guide exhibits a mixed market with numerous declines for some MS and Proof 70 issues. We are finding more of these declines because of an increase in the populations of available coins. This is especially so for Modern Commemorative Dollars and $5 Gold.   Buffalo Gold is still a hot series. Dealers are constantly looking for all dates and grades and will pay premiums if they are in the original government packaging. There is a long list of increases in the Buffalo chart. Modern $10 Gold is very active and shows mostly higher Market prices. All the Modern Bullion coins are a function of the metals and direction is key for the next month. If Gold cannot hold above the $1,000 mark, then many analysts feel it can test back near $950. On the upside, if it cracks through $1,030 then it could just shoot toward $1,100. The Market price of the UHR has drifted lower due to an increase in the number of coins being sold by the Mint. It looks like the real collector value in these coins will be in the Early Release coins.   See this E-News and past issues in E-News Archive: http://www.numismedia.com/market/enews/archive.shtml   -What's Hot? Ultra High Relief – 2009 $20 Gold Proof Gold Eagles - with mint packaging Proof Buffalo Gold - with mint packaging Bullion Coins – Early and Modern GSA Carson City Dollars – Raw & NGC Certified Seated Dollars – All Grades   Seated Dimes – Most Dates & Grades   Seated Quarters – Most Dates & Grades Seated Half Dollars – Most Dates & Grades                      Indian Cents – Red & Red/Brown MS & Proof Early Lincoln Cents – Red; MS63 & higher 2009 Lincoln Cents – All Varieties 2009 Lincoln Commem Dollars   -What's Not? State Quarters – PR issues require discounts Early Silver Commemoratives – All Grades Early Gold Commemoratives – All Grades Common 20th Century Coins – All grades Buffalo Nickels – MS63 and higher Mercury Dimes – MS63 and higher Walking Liberty Halves – MS63 and higher   -Other Requests 1909 S VDB Lincoln Cent – All Grades 1909 Lincoln Cents – All Mint State Grades http://www.numismedia.com <<New Year Begins with a Bang COIN MARKET REPORT ARCHIVE >>Dealers Active with Modern Bullion Coins