Numismatic Festivities Begin
Monday, August 7, 2006
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Denver is the center of the numismatic community for the next two weeks. The majority of numismatists will be in attendance for the same reason; the ANA Annual Money Show. The talk among dealers right now is the low premiums for U.S. Gold coins. We have seen large quantities of $10 and $20 Gold Liberties being offered at minimal premiums above their melt value. This seems like a no-brainer for buyers not wanting to pay more than it is worth. The main problem here is that many buyers want these same low premiums for certified coins as well. The metals are up this week compared to this time last Monday. The overall market appears stronger and there are lots of buyers right now. The Buffalo $50 Gold coins are bringing in their share of business and we expect this will not change over the next few weeks. Gold is currently at $649.00 and Silver is $12.31. Platinum is doing well at $1245. -What's Hot? $10 Indian Gold Rare Dates MS63 and Higher $5 Indian Gold Rare Dates MS63 and Higher BU Rolls Dollars, Walkers, Franklins Gold Commems MS63 and Higher Silver Commems MS64 and Higher Barber Coins MS63 and higher Early Gold -- $2 ½, $5, & $10 XF & higher Battle Creek Dollars Lovely Toned Morgans Carson City Dollars Govt Holders Carson City Dollars NGC Certified Walkers 1916 to 1934 MS63 and higher Walkers 1935 to 1947 MS64 and higher Indian Cents Red & Red/Brown MS & Proof Early Lincoln Cents Red; MS64 & higher Key Dates in all series Dollars Morgan & Peace in MS64 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 Buffalo Gold $50 Buy/Sell
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