|
|
|
Vacations may have created a slow market for rare coins but bullion activity continues to keep most dealers very busy. Despite the fact that bullion levels have been down over the last few weeks, interest remains quite intense. Besides rare coins, collectors and investors feel that bullion...
[
READ MORE
]
|
|
|
|
|
The coin market is steady although there are some declines in most series. Buyers are looking for bargains and this is what gives the market some degree of satisfaction. Key date coins in most series are trading at or close to current Wholesale Market prices. This is a positive adjustment to...
[
READ MORE
]
|
|
|
|
|
This year the U.S. Mint is celebrating the life of Abraham Lincoln, one of the most popular individuals in American history, with the release of the newly designed Lincoln Cent and Lincoln Commemorative Dollar. The new Lincoln’s are available on the U.S. Mint’s website, [
READ MORE
]
|
|
|
|
|
The market is erratic and momentum sways with dealer attitudes. Hard work and expertise is needed to stay ahead in this market. Higher premium sales can still be had with a little ‘skill with the glass’, that is, a dealers’ ability to spot properly graded coins and those coins with eye appeal....
[
READ MORE
]
|
|
|
|
|
The Baltimore Coin and Currency Convention begins Thursday with Bowers and Merena Auctions hosting the official sale with nearly 2500 lots available. Volume seems to be the main focus for the auction companies as bidders continue to seek bargains in this soft market. Hundreds of dealers from...
[
READ MORE
]
|
|
|
|
|
The overall market tends to slow and vacations take precedence typically during the summer months. However, this year the metals could spur strength. The Long Beach Coin Expo was predictably slower than normal for most dealers. The main thrust of activity seemed to be for bullion related...
[
READ MORE
]
|
|
|
|
|
The Long Beach Coin Expo is just over one week away and dealers are looking forward to another busy show in Southern California. Activity in the market remains steady although much of the wholesale business has been at discounts. This creates many of the declines you see in this week’s HD...
[
READ MORE
]
|
|
|
|
|
The results from the recent Heritage Auction at Central States have given us the opportunity to update numerous prices in this week’s LD Wholesale Market Dealer Price Guide. You might expect that Market prices would be lower due to the overall condition of the coin market. In many cases, you...
[
READ MORE
]
|
|
|
|
|
Premiums for common U.S. Gold have fallen slightly since our last HD Wholesale Market Dealer Price Guide. Demand has subsided slightly and current buyers are shopping for the most competitive prices. For example, the Market for the $20 Saint in MS62 was $1,400 three weeks ago and today it is...
[
READ MORE
]
|
|
|
|
|
Premiums for common U.S. Gold have fallen slightly since our last HD Wholesale Market Dealer Price Guide. Demand has subsided slightly and current buyers are shopping for the most competitive prices. For example, the Market for the $20 Saint in MS62 was $1,400 three weeks ago and today it is...
[
READ MORE
]
|
|
|
|
|
Central States Numismatic Society Convention is a little over one week away and this year it takes place in Cincinnati. Dealers are hopeful that the bullion market will continue to push the coin market in a positive direction. While we do see many declines this week in the LD Wholesale Market...
[
READ MORE
]
|
|
|
|
|
The bulk of activity in the coin dealer community remains bullion related. For every competitive seller on the teletypes, there are plenty of buyers. That means if the coins are priced within the range of the current market, coins will sell, if not, they will sit in inventory. Most dealers...
[
READ MORE
]
|
|
|
|
|
Those with money to spend are enjoying the current market because there is more inventory available than there has been in the last few years. Buyers can be very selective and purchase only the coins they feel meet their specific demands. On the other hand, those collectors standing pat may be...
[
READ MORE
]
|
|
|
|
|
Dealers were expecting an active show in Baltimore and they were not disappointed this past week. Although it was not as strong as the most recent show last November, the Whitman Baltimore Coin Expo was still busy throughout for most dealers. Retail was down slightly but that was expected...
[
READ MORE
]
|
|
|
|
|
In the last couple of weeks, the coin market appears to be gaining a little more strength, reversing a downward trend from the previous months. Dealers are experiencing an increase in sales with Modern Bullion Coins leading the way. The demand in bullion coins is helping maintain strong...
[
READ MORE
]
|
|
|
|
|
The Ultra High Relief $20 Gold continues to command much of the attention of dealers on the teletypes. Even though the deadlines for receiving Early Release designations at the grading services has passed, several dealers continue to offer buy/sell spreads on these coins. Prices range from...
[
READ MORE
]
|
|
|
|
|
The hub of dealer activity will be in Portland, Oregon this week as dealers attend the ANA National Money Show. Bowers and Merena Auctions will host the official sale on Thursday and Friday. Numerous pedigree coins should attract enthusiastic bidding. Dealers are hopeful that this show will...
[
READ MORE
]
|
|
|
|
|
The U.S. Mint has begun shipping the 2009 Ultra High Relief $20 Gold. NGC and PCGS have both certified some of these much anticipated coins. At this point, it looks like the Early Release coins could have a very low population because of the slow method of distribution by the Mint. Initial...
[
READ MORE
]
|
|
|
|
|
The overall coin market may be lower but there are still plenty of buyers at new levels. Some dealers and collectors are offering coins at discounts, while many more dealers and collectors are taking advantage of these so-called fire sales. Some prices have fallen in the last few weeks and we...
[
READ MORE
]
|
|
|
|
|
Demand in the wholesale market for rare coins remains steady although buyers are now being quite selective. In addition, there are not as many buyers in this market as there were at this time last year; wholesale prices have declined in some areas as a result. Dealers are not very aggressive...
[
READ MORE
]
|
|