Metals Tumble Further
Tuesday, May 29, 2007
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The Long Beach Expo is well known for arriving at the same time the metals take a dip. This one is no different. Even though Gold and Silver are up slightly this morning, they have been headed consistently downward over the last month. Gold has dropped over $30 and Silver is down about $1.25 since April 25th. Lower wholesale prices are noted for many of the Modern bullion coins in this week’s Wholesale Dealer Price Guide. This should help retail business at the Long Beach Show. Collectors are always looking for bargains and lower prices tend to create increased activity. Registry collectors continue to spark interest in Jefferson Nickels, Roosevelt Dimes, and Washington Quarters. The highest certified issues, usually MS68, have very low census numbers and only a few collectors can acquire these highest graded issues. 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 Seated Dollars – Most grades Seated Half Dollars – Most Dates & Grades $5 Gold Indians – MS62 and higher $10 Gold Indians – MS62 and higher BU Rolls – Dollars, Walkers, Franklins 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 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 **E-News Exclusive Deals** NumisMedia is currently offering a NEW special renewal rate for all E-News Subscribers. 6 months (26 issues) of the Weekly Wholesale Market Dealer Price Guides $160.00 Rate expires June 30, 2007 * The NumisMedia Wholesale Market Dealer Price Guide has grades from Fine through MS68 in every U.S. series with the exception of the Modern coinage. 104 pages, 26 issues a year. * The NumisMedia Wholesale Market Dealer Price Guide Moderns has grades from AU50 through MS70 in every Modern series. 56 pages, 26 issues a year. Renew your current subscription: http://www.coinprices.org/renew2.shtml
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