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Coin Market Report
 courtesy of...
numismedia

Oct 6, 2008

Dealers have been noticing a major push into rare coins and metals. Gold, Silver, and Platinum are drawing lots of attention lately because of...[READ MORE]

Click Here for the Coin Market Report archive.





 


     Numismedia Coin Market Report 

Sight-Seen Market Maintains Strength

Monday, October 8, 2007 | Printer Friendly Printer Friendly

While Gold fluctuates between $730 and $740, the overall market remains steady for properly graded rare coins. Both Modern Gold and pre-1930 generic Gold are adjusting with bullion, however, better date coins are still the target of many collectors.

 

Prices have increased for $4 Gold Stella’s in low grades up to PR61 due to a very strong buyer. This is an extremely rare coin with very few available in the market. Most of these grades increased at least 20% in this week’s Wholesale Dealer Price Guide.

 

True rarities attract advanced collectors all over the world. The most recent evidence of this is the sale of the 1804 $10 Gold in NGC Ultra Cameo Proof 65. It brought $5 million in a private sale to an anonymous collector. The same collector purchased the 1838 $10 Gold in PCGS Proof 65 for $1.7 million. Both of these prices are world records for the dates. David Albanese, a NumisMedia member dealer, brokered these transactions in the last two weeks.

 

The October FMV Price Guide has been enhanced (more below) and now includes color advertising. We have some limited space available; contact us at info@numismedia.com.

 

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
$4 Gold Stella’s – All grades
PL Morgan Dollars – MS63 and Higher
Standing Liberty Quarters – MS62 and Higher
Seated Dollars – Most grades
Trade Dollars – Most Grades
Seated Half Dollars – Most Dates & Grades
$10 Gold Indians – MS62 and higher
BU Rolls – Dollars, Walkers, Mercuries
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 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 P/L & DMPL NGC, PCGS
1909 S VDB Lincoln Cents – VG to MS60



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