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Coin Market Report
 courtesy of...
numismedia

Oct 6, 2008

Dealers have been noticing a major push into rare coins and metals. Gold, Silver, and Platinum are drawing lots of attention lately because of...[READ MORE]

Click Here for the Coin Market Report archive.





 


     Numismedia Coin Market Report 

Market Persistence Continues

Monday, December 10, 2007 | Printer Friendly Printer Friendly

Activity in the coin market may be slightly lower; however, this is typical for the year-end and holiday season. Many major companies try to reduce inventory at the end of the year so they are not quite as active on the buying side. Yet, they are still maintaining strong prices for the coins their clients need.

 

We are not seeing any fire sales in order to reduce inventory; in fact, most dealers are consistent with their wholesale buy prices, but sellers are not willing to drop their ask prices to consummate deals. There are numerous advances this week in the Wholesale Market Dealer Price Guide for Early Half Dollars through all of the Classic Gold Coins. A rash of increases for specific grades punctuates most series. Many of the actual trades are usually slightly above these levels.

 

The metals continue to play havoc with collectors and investors as the daily swings have a tendency to scare potential buyers. This morning the metals are all markedly higher with Gold surging back above the $800 mark. This level makes for an increase in holiday gift items. Many collectors enjoy giving bullion coins to potential new collectors at this time of the year.

 

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
Early Bust Type – 1794 – 1810 All Grades
DMPL Morgan Dollars – MS63 and Higher
$4 Gold Stella’s – All grades
PL Morgan Dollars – MS63 and Higher
Standing Liberty Quarters – MS63 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 – MS64 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 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
1922 Lincoln Cent – Good and Higher



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