Market Rolling Again?
Monday, January 15, 2007
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Today’s market may not be what everyone wants, but it is certainly active enough to make money. We may have entered into more of a niche market as specific types of coins are in demand; without a specialty, some dealers may have just an average year.
This year we could see a separation of rarity (mintage or quality) from common material. Many collectors are becoming more advanced and are looking for more explicit characteristics such as date and grade, not just to fill holes in an album.
Watch for bargains as dealers move material to balance cash flow from the multitude of auctions. Dealers spent millions of dollars and they need to sell coins to replace their cash. This means some of their old inventory needs to go.
Metals appear stronger as buyers outweigh sellers. Gold is $626.50; Silver is $12.84; Platinum is $1144.
-What's Hot?
BU Rolls - Dollars, Walkers, Franklins
Buffalo Nickels - MS64 and higher
Mercury Dimes - MS64 and higher
Walking Liberty Halves - MS64 and higher
Early Gold -- $2 ˝, $5, & $10 XF & higher
Battle Creek Dollars - Lovely Toned Morgan’s
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
1893 Morgan Dollar - Buy VF PCGS, NGC, ANACS
1800, 1803 Large 8, 1805 Half Dime - NGC, PCGS, ANACS VF, XF
2006 20th Anniversary Silver Eagle PF 70 Ultra Cameo - NGC
Silver Eagles – NGC PR70 1987, 88, 91, 93, 94, 96, 97, 99.
**NumisMedia Updates**
News and Tips for the NumisMedia Website
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