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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 

Metals Lower; Market Steady

Monday, June 26, 2006 | Printer Friendly Printer Friendly

Dealers have begun to notice a slight slowdown in normal coin sales due to the summer season. However, the more aggressive collectors spending large sums of money for coins don’t seem to care that this is a slow period. In other words, inexpensive coins are not as active as they were a couple of months ago; high-end grades and rarity are still in demand and buyers are very competitive. A little bit of a mixed market is good for numismatics and is quite expected.
 
Many dealers are already gearing up for the Denver ANA in mid August; there are several major auctions around this time and the rarities will be flying out the door. While the metals seem lackluster at this time, we have not seen any change in the overall conditions that caused the initial run up in the first place. It feels like there should be a break in the action that will give us a new long term direction in the next couple of weeks. Support levels appear to be holding so many analysts feel the market will once again start to move in an upward cycle. Most are hoping it will be a little more consistent without the major swings we just experienced.
 
Gold is currently at $584.10 and Silver is $10.24. Platinum is $1177.
 
-What's Hot?
$10 Indian Gold – MS63 and Higher
BU Rolls – Dollars, Walkers, Franklins
Gold Commems – MS63 and Higher
Silver Commems – MS63 and Higher
Barber Coins – MS63 and higher
Early Gold -- $2 ½, $5, & $10 XF & higher
Battle Creek Dollars – Lovely Toned Morgan’s
Carson City Dollars – Gov’t Holders
Carson City Dollars – NGC Certified
Walkers – 1916 to 1947 MS63 and higher
Indian Cents – Red & Red/Brown MS & Proof
Early Lincoln Cents – Red; MS64 & higher
Key Dates in all series
Dollars – Morgan & Peace in MS63 and Higher
Modern Commems – With Orig. Govt. package
 
-What's Not?
State Quarters – PR issues under 69 require discounts
Low-end quality coins require discounts
 
-Other Requests
1911 D $10 Indian – MS64 PCGS
1876 $1 Gold – VF or XF


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