Queller 1804 Dollar Brings $3,737,500 Monday, April 21, 2008 | Printer Friendly Proving once again that rarity is key to numismatics, the Queller Family 1804 Bust Dollar sold for $3,737,500 in the Heritage Signature Sale at last week’s Central States Convention. It is a Class I Original coin and certified by NGC as PR62. The market continues very strong for rarities such as this one, however, most potential sellers are not ready to part with them in this steadily rising market.   Central States was active for most dealers but the continuing theme was readily apparent; there are not enough nice coins available at current levels. The majority of sellers are somewhat like collectors, if they cannot replace their inventory with new quality coins, then they do not want to sell unless they receive premium prices. Average coins are still selling for average prices and some selected series are rising as demand increases.   The Moderns Wholesale Price Guide depicts a mixture of increases and decreases this week. Generic Gold and Silver bullion issues are generally lower, while generic Platinum issues are showing some increases. There are many increases throughout the Price Guide for “Finest Known” coins which are continuing to attract Registry collectors.   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 http://www.numismedia.com <<New Year Begins with a Bang COIN MARKET REPORT ARCHIVE >>Excitement Building for ANA