Wholesale Prices on the Move
Monday, July 16, 2007
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The just completed Summer FUN Convention in West Palm Beach was the perfect setting for this lazy time of the year. While the atmosphere was laid back, there was still enough business for most dealers to make money. Along with many dealers returning to action from vacations, enthusiasm has picked up considerably. We are finding that dealers are more than willing to pay real prices for coins that meet their needs. Aside from collecting specific areas of the market, many astute collectors are pursuing coins possessing the right combination of attributes to advance in the future. This week’s Wholesale Market Dealer Price Guide indicates numerous increases in a variety of series where the census reports indicate a low probability of large quantities coming into the market. There are several hefty wholesale advances in Bust Half Dollars. This series has a very strong collector base. Many U.S. Gold coins have moved higher this week and the number of increases shows that buyers are back in the market. The $1 Gold series is very active and premiums have widened slightly on Mint State coins. We have seen a vast improvement in support of U.S. Gold in the last week. If the metals continue to rise in the next few weeks, we could begin to see activity like we saw last year. 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
PL Morgan Dollars – MS63 and Higher
Seated 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
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
1909 S VDB Lincoln Cents – VG to MS60
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