Market Remains Selectively Active
Monday, November 27, 2006
| 
Printer Friendly
We are about to enter the last month of 2006 and the metals appear to be making a very strong move to close out the year. Several analysts feel that Gold can finish above the $660 level and Silver around $15 per ounce. If this happens, the coin market should remain in an up cycle. This morning Gold is up $11 at $639.60 and Silver is $13.47. Platinum was higher but has drifted down to $1135. Make sure you check current prices before making any buying or selling decisions.
As we continue to update various series we are amazed at some of the prices we are encountering. Some coins are for so-called common dates; however, when you look at the census reports you will find that the number of certified coin does not indicate they are all that common. Further, when you look at the availability in the marketplace they are not all that plentiful. A strong case could be made that more coins could be certified and these coins would become less attractive to current buyers but that is the same statement that is being made about the modern issue rarities which does not seem to stop the current crop of eager buyers.
-What's Hot?
BU Rolls - Dollars, Walkers, Franklins
Buffalo Nickels - MS64 and higher
Mercury Dimes - MS64 and higher
Walking Liberty Halves - MS64 and higher
Gold Commems - MS64 and Higher
Silver Commems - MS64 and Higher
Early Gold -- $2 ˝, $5, & $10 XF & higher
Battle Creek Dollars - Lovely Toned Morgan's
Carson City Dollars - NGC Certified
Walkers - 1916 to 1934 MS63 and higher
Indian Cents - Red & Red/Brown MS & Proof
Early Lincoln Cents - Red; MS64 & higher
Key Dates in all series
Three Piece 2006 Anniversary Gold Eagle Sets
-What's Not?
State Quarters - PR issues under 69 require discounts
Low-end quality coins require discounts
-Other Requests
Buffalo Gold $50 - Buy/Sell
Carson City Dollars - Gov't Holders
1893 Morgan Dollar - Buy VF PCGS, NGC, ANACS
1800, 1803 Large 8, 1805 Half Dime - NGC, PCGS, ANACS VF, XF
http://www.numismedia.com
|
