Major Auctions on Docket
Monday, May 21, 2007
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With the Long Beach Expo less than two weeks away dealers are already visiting California for a quick start on wholesale business at surrounding coin shops. There are also two major auctions just prior to the show beginning with Superior Galleries the morning of May 27th and then the Ira and Larry Goldberg Auction in the late afternoon. The official show auction is hosted by Heritage Galleries beginning on May 31st. There will be plenty of rare material for the advanced collector. There are an enormous number of advances as depicted in this week’s Wholesale Dealer Price Guide for Seated Liberty Half Dollars. This area has been overlooked by collectors for a long time but has quietly taken on a life of its own. Specialists in this series have known that these coins have been under priced because of the reported high mintages. However, a look at the census reports indicates very few have been certified. Attrition has plagued seated coinage and most coins have problems; we do not consider them for reporting values. Problem coins are not certified by NGC or PCGS, thus accounting for the low census numbers. Deep Mirror Prooflike Morgan Dollars are hot as several dealers try to find many of the toughest dates in the highest grades certified. With just a couple coins certified in these ultimate grades it is no wonder that potential sellers will want big money to part with them. It takes a very serious collector to try to complete a collection in this series. See this E-News and past issues in E-News Archive:
http://www.numismedia.com/market/enews/archive.shtml -What's Hot?
DMPL Morgan Dollars – MS63 and Higher
Seated Dollars – Most grades
Seated Half Dollars – Most Dates & Grades
$5 Gold Indians – MS62 and higher
$10 Gold Indians – MS62 and higher
BU Rolls – Dollars, Walkers, Franklins
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
Washington Error Dollars
Three Cent Nickel & Silver – Key Dates -What's Not?
State Quarters – PR issues under 69 require discounts
Low-end quality coins require discounts -Other Requests
1883 CC Morgan Dollar – MS65 NGC, PCGS
1883 CC Morgan Dollar – MS65 P/L & DMPL NGC, PCGS
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