Market Softens for Moderns Monday, June 23, 2008 | Printer Friendly With the exception of the highest graded coins within a specific date, modern issues are finding a less than enthusiastic marketplace. There are many declines in this week’s Wholesale Market Dealer Price Guide. The large supplies of the lower quality coins means discounts are needed in order to entice buyers. We are also finding some declines in the PR70 grades of modern issues, especially in Jefferson Nickels, Roosevelt Dimes, Washington Quarters, Kennedy Halves, and some Silver and Gold Eagles. The slow economy has definitely hurt this area of the coin market.   On a positive note, the low census highest graded issues continue to command strong prices. Registry collectors are so avid they are not about to let the economy spoil their collecting habits. Further, most of the collectors who purchase coins in this manner are not average consumers who are affected by today’s economy. Early Proof Lincoln Cents, 1909 to 1916, remain very active at current wholesale levels. In fact, most of these coins continue to bring serious premiums when they are offered in auctions. Any of the grades from PR63 and higher in Brown or better will attract very aggressive bidding.   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 – 1820 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 Dimes – Most Dates & Grades Seated Quarters – Most Dates & Grades Seated Half Dollars – Most Dates & Grades 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 Early Silver Commemoratives – All Grades Low-end quality coins require discounts Modern Issues – Grades under 69 require discounts   -Other Requests 1909 S VDB Lincoln Cent – All Grades 1909 Lincoln Cents – All Mint State Grades http://www.numismedia.com <<New Year Begins with a Bang COIN MARKET REPORT ARCHIVE >>Dealers Foresee Active Baltimore