Long Beach Generates Great Results Monday, February 13, 2006 | Printer Friendly This was probably the best retail Long Beach Expo we have seen in many years. The bourse room was crowded from the minute it opened to the public on Thursday morning and remained that way throughout most of Saturday until closing. One of the more interesting aspects of the market and its strength is that the collector realizes they must pull the trigger on desired coins because there may not be a second shot. Many of the sales we witnessed were concluded very quickly. More typical in the past, the collector would contemplate an item, leave the table and look around only to come back and find that the coin had already been sold. It just shows how educated the collector has become in this current market.   This was also one of the first shows we can remember where we did not hear one complaint from dealers; they were way too busy to contemplate any negative aspects of their own personal business. In fact, most dealers were continuously moving about trying to fill orders. This was a show where sales simply occurred as a by-product of trying to buy coins. In this kind of a market many of the wholesale dealers don’t even need to market their coins as the retailers are right there at their tables trying to buy anything that may fit into the retailer’s program. We are seeing a lot more variety of coins and series appear on want lists as many dealers are pursuing coins that have low populations relative to the most common within the series. This is definitely a significant wave of the future.   The metals are showing signs of profit-taking and have been moving lower for the last week. Gold is currently at $549.20, with Silver at $9.35; Platinum is at a lower $1015.   -What's Hot? Barber Coins – MS63 and higher Early Gold -- $2 ½, $5, & $10 XF & higher Carson City Dollars – Gov’t 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 MS64 & 65   -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 1804 Draped Bust / Heraldic Eagle Silver Coin <<New Year Begins with a Bang COIN MARKET REPORT ARCHIVE >>Metals Rebound from Downward Trend