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Coin Market Report
 courtesy of...
numismedia

Jul 21, 2008

The Baltimore ANA is just one week away and the anticipation is growing; dealers and collectors are preparing for what they expect to be a...[READ MORE]

Click Here for the Coin Market Report archive.





 


     Numismedia Coin Market Report 

Metals Stabilize; Move Higher

Monday, April 7, 2008 | Printer Friendly Printer Friendly

After a major correction in the metals this past week, the momentum has reversed and has begun to climb back upward. Buyers seized this opportunity and fresh demand forced prices to surge higher in the last few days. This morning, Gold is up over $12.00 at $926.00 and Silver is up nearly $.40 at $18.13. Platinum is above $2000 again, now at $2034. All prices are reported as of 9:57 am PDT.

 

Dealers do not see any let up in demand for collector coins. Nearly every series in the Lower Denomination Wholesale Price Guide displays advances this week. But what is most interesting is that most steady issues are still in strong demand. Buffalo Nickels, Mercury Dimes, Standing Liberty Quarters, are all very active at shows and auctions. Dealers know they must be very aggressive when these coins become available in the market.

 

The dealer teletypes continue to show an extreme amount of buying and selling activity. Nice coins, rare coins, they do not last long in inventory. In this seller’s market you might expect dealers to hold out for the last buck. Surprisingly, dealers are not being greedy. Most are adding a reasonable profit and moving on to the next deal. By doing so, collectors are satisfied that they are in a legitimate two-way market

 

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
$10 Gold Indians – MS62 and higher
Mercury Dimes – MS64 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
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



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