Metals Higher, Long Beach Nears
Monday, September 17, 2007
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Gold and Silver are markedly higher this morning and rightly so. Concerns with the economy continue to cause investors to rethink venues for their money. This may prove even more beneficial for the coin business. The Long Beach Expo begins next Wednesday for dealers and is open to collectors on Thursday. A large crowd is expected and dealers anticipate above average sales. There are major auctions prior to the show including the official show auction the Heritage Signature Sale. The Wholesale Dealer Price Guide exhibits a large round of increases especially in the modern bullion coins. Even though dealers increased their prices for many of these high grade specimens, it seems like collectors are participating less in this market and shifting back toward earlier rare coinage. 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 PL Morgan Dollars – MS63 and Higher Standing Liberty Quarters – MS62 and Higher Seated Dollars – Most grades Seated Half Dollars – Most Dates & Grades $10 Gold Indians – MS62 and higher BU Rolls – Dollars, Walkers, Mercuries 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 & Adams 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 1909 S VDB Lincoln Cents – VG to MS60
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