National Weather Dampens Long Beach
Monday, February 19, 2007
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Severe weather conditions, mostly on the Eastern half of the United States, took a toll on the just completed Long Beach Expo. Many dealers were not able to attend because of cancelled flights and the end result was that business was down compared to previous shows.
On the other hand, metals remained positive much of the week and improved chances for retail sales. Many dealers reported that their sales of U.S. Gold helped them have a decent show. In addition, many wholesale dealers continue to make the most of this market by trading among themselves to get rid of old inventory while adding new coins for their customers back home.
The George Washington Golden Dollar was released this past week amid much fanfare. The Mint is certain that these dollars will be widely accepted despite the failure of the Susan B. Anthony and the Sacagawea Dollars. It remains to be seen if this new Presidential Dollar program will follow the same path of popularity as the State Quarter program.
Metals are higher this morning as Gold passes the $670 mark, at $670.60. Silver is trying to forge past $14.00. Platinum has surged over $1,200, currently at $1214.
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-What's Hot?
DMPL Morgan Dollars – MS63 and Higher
Seated Dollars – Most grades
$5 Gold Indians – MS62 and higher
$10 Gold Indians – MS61 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
Three Piece 2006 Anniversary Gold Eagle Sets
-What's Not?
State Quarters – PR issues under 69 require discounts
Low-end quality coins require discounts
-Other Requests
1800, 1803 Large 8, 1805 Half Dime – NGC, PCGS, ANACS VF, XF
2006 20th Anniversary Silver Eagle PF 70 Ultra Cameo – NGC
Silver Eagles – NGC PR70 1987, 88, 91, 93, 94, 96, 97, 99
1999 Delaware Silver Quarter – PR70 NGC
1883 CC Morgan Dollar – MS65 NGC, PCGS
1883 CC Morgan Dollar – MS65 P/L & DMPL NGC, PCGS
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