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The Long Beach Expo began slowly on setup day; dealers seemed to be waiting to see if the public was going to show any interest in coins before they started to do business among themselves. But once the public arrived, dealers quickly took advantage of every opportunity to buy or sell coins....
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Many dealers and collectors from all over the country are already in Southern California for the Long Beach Expo later this week. Most will fill their schedules with auctions, attending the Superior Galleries Elite Coin Auction, as well as the Ira & Larry Goldberg Pre Long Beach Auction,...
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The metals have been heating up and there was a lot of activity on the U.S. Mint’s website last week as the 2009 Ultra High Relief $20 Gold went on sale. The initial price was set at $1,189 and there were dealer-to-dealer wholesale confirmations as high as $1,450 for these First Strikes....
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This week’s Moderns Wholesale Market Dealer Price Guide is filled with price adjustments, especially within the bullion issues. Since the last Moderns issue, Gold is lower and Platinum is higher. Yet, the premiums are still abnormally high. Most of the Platinum coins are higher, while Gold...
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Reports are in from the just concluded FUN Show in Florida and even though attendance and activity were solid for most dealers, prices appeared to be mixed to lower overall. There are new levels to report for several series with prices adjusting both up and down, although the declines are more...
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Dealers are getting themselves and their inventory ready to head for Orlando to attend the FUN Convention this week. After a somewhat quiet December, the wholesale teletype systems are very active today with dealers looking for specific coins or volume deals. Modern Bullion coins are still hot...
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The Modern issue market has been the least active over the last few weeks. This week’s Moderns Wholesale Market Dealer Price Guide shows sporadic declines within Lincoln Cents, Jefferson Nickels, Roosevelt Dimes, and Washington Quarters, both in Mint State and Proof. High grade Proof Roosevelt...
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Many dealers have lowered their buy prices to reduce inventory and finish the year in a sound cash position. In addition, some collectors are selling coins to raise cash for everyday expenses. These two factors point toward a continuation of opportunities for buyers. However, many of the...
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Bullion related coins continue to lead the most active issues in the coin market. Even with the instability of the metals market, buyers are quite interested in acquiring Gold, Silver, and Platinum coins to help offset their concerns over the weak economy. Coin shop dealers from around the...
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In what has become a normal practice this time of year, many dealers have lowered their buy prices in most series as they prepare for the year end. This may not have much impact on the market unless there are an unusual number of sellers willing to discount their coins because they need to...
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Indications from the Baltimore Coin and Currency Convention underline a continuing shift from collector coins to bullion. It may not be a major shift but we have seen additional declines because sellers are willing to modestly discount some of their collector coins to acquire bullion related...
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The Baltimore Coin and Currency Convention begins this Thursday, although many dealers are heading there as early as Tuesday. Pre show activity is very popular for many dealers who like to get a head start on all of the major shows. This is the last major show of the year and attendance should...
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Even though we have been experiencing a few more declines than usual of late, we do have one major factor in our favor: there are plenty of serious buyers in this present coin market. The economy is weak but numismatics is quite healthy. Buyers are looking for specific coins at current FMV...
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The economy and the coin market are mixed with the election foremost on the minds of most Americans. The decisions made in the next few days will also go a long way towards determining how the coin market will react. However, in this state of uncertainty, many serious buyers have been looking...
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There are still Registry Collectors looking for the highest graded Modern Issues for their sets and are willing to pay top prices. However, there are many more sellers of Modern Issues today than there were a few months ago. More middle range collectors are strapped for cash and are now...
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Premiums are on the rise for bullion coins, especially Gold. In the three weeks since we last printed the HD Wholesale Market Dealer Price Guide, Gold has dropped from just over $900 to a current $786 an ounce. However, the wholesale prices for circulated ten and twenty-dollar gold pieces...
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This week’s LD Wholesale Market Dealer Price Guide shows a variety of adjustments throughout. Beginning with Half Cents and Large Cents there are numerous advances for specific issues from many transactions in the last few weeks. Many of these issues have not traded in some years so new...
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Dealers have been noticing a major push into rare coins and metals. Gold, Silver, and Platinum are drawing lots of attention lately because of the dramatic downward trend of world economies. Even though the metals have been adjusting up and down, many analysts predict that much higher levels...
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Wholesale prices for Carson City $20 Gold are rising due to nearly unabated demand. One major dealer told us, “these are very popular coins and we can sell as many accurately graded coins as we can get our hands on.” We all know they must be reasonably priced, however, the FMV has been...
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The just concluded Long Beach Expo saw an increase in public attendance; and they were not just looking, they were buying much more than usual. The uncertain state of the economy is drawing more potential collectors and investors to numismatics. Bank failures and an unstable stock market are...
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