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Dealers and collectors from all over the country are in the Southern California area this week to attend four major auctions and the Long Beach Expo. The market remains very strong for most series minted prior to 1900, although Barbers are very popular as well. Also highly sought after in this...
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DEEP MIRROR PROOFLIKE DOLLARS SHINE AT THE BALTIMORE ANA Fabulous DMPL and PL Dollar Collection Shatters Numerous Price Records An extraordinary and very important collection of high quality Deep Mirror Prooflike and Prooflike Morgan Dollars were sold on August 1, 2008 at the...
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The Long Beach Expo is a little over one week away and the market for rare coins remains solid. Buyers, whether they are dealers or collectors, are very aggressive for coins they feel have potential because of various rarity factors. The focus for most buyers centers on coins that are not...
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The wholesale market for truly rare coins remains steadfast. Dealers have been very competitive because they have very strong buyers for these scarce issues. Astute numismatists realize that rarity and quality combined make a great team. Recent auctions bear this out and future auctions...
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This week’s Moderns Wholesale Market Dealer Price Guide is covered with declines. Since our last issue the metals are down at least 20% and the bullion related issues have dropped proportionately. Modern Eagles, both Gold and Silver have suffered heavy losses. The $5 Gold Commemoratives also...
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The metals have moved higher today after last week’s major decline. Gold fell below the $800 level for the first time this year and Silver dove to under $13. The U.S. Dollar appears stronger overseas and oil is dropping. The U.S. economy is still questionable at best so investors are very...
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Dealers are confident that the increase in wholesale trading over the last couple of weeks signifies a change in market momentum. With the success of the ANA and summer winding down, buyers are back into the market and ready to participate once again. Dealers need coins for these aggressive...
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This past week’s Baltimore ANA was a tremendous success for the majority of the attending dealers. Wholesale trading was much better than expected and the throngs of collectors attending were anxious to locate and buy coins they needed for their collections. This resulted in many dealers...
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This should be an interesting week in Baltimore with thousands of dealers and collectors attending the Annual World’s Fair of Money. Many dealers are already there in hopes of getting a jump on business. The demand for low census rarities continues with buyers paying in advance of current...
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The Baltimore ANA is just one week away and the anticipation is growing; dealers and collectors are preparing for what they expect to be a tremendous convention. Most dealers feel the summer has been somewhat slow mainly because collectors have been waiting for this annual landmark event. The...
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Gold and Silver are both approaching recent highs and analysts feel they are destined to advance even higher. The weak economy seems to support higher prices. This week’s Modern Wholesale Dealer Price Guide presents many increases for bullion related modern coins; however, there are still many...
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Wholesale activity was down last week as most dealers took the opportunity to spend time with their families or just simply wind down. Most business on the teletypes appeared to be related to bullion with Gold and Silver moving higher throughout the week. However, this morning the metals are...
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The overall coin market continues to be slightly lethargic. Average common coins are somewhat difficult to sell and aggressive dealers typically offer discounts in order to sell quantities of this type of material. Most dealers feel this is how the next month will be until the ANA in...
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With the exception of the highest graded coins within a specific date, modern issues are finding a less than enthusiastic marketplace. There are many declines in this week’s Wholesale Market Dealer Price Guide. The large supplies of the lower quality coins means discounts are needed in order...
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The market for early rarities continues to be vigorous as long as the coins are accurately described with no obvious problems for the grade. Eye appeal continues to attract premium prices for such rarities. This week’s HD Wholesale Market Price Guide has plenty of increases for many issues...
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As expected the Baltimore Coin and Currency Convention drew a large attendance from both dealers and collectors. The show began strong for most dealers with the continued search for early coins from the 1800’s to the 1860’s in most grades. High grade Mint State and Proof Seated coins continue...
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The Long Beach Expo was better than expected with more dealers and collectors in attendance than anticipated; although, the show did slow down toward the end. Dealers and serious collectors know the best time to do business at most major shows is the first couple of days. Early Type coins and...
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The Long Beach Expo is here and Gold Bullion is down over $15 this morning. However, it is still over $900, currently at $909. Since our last update, most of the common generic U.S. Gold coins have advanced in grades Good through MS62. At the same time, some of the common issues in MS63 and...
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The Long Beach Expo is just a week away and already dealers from out of town are in the Southern California area. Three times a year the Expo attracts an enormous number of dealers to Long Beach for trading at local coin shops and bidding at major auctions. Ira and Larry Goldberg will conduct...
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Early Proof Lincoln Cents from 1909 to 1916 are extremely difficult to purchase at today’s levels. When these coins are available they bring premiums to previous prices if they are nice for the grade. Even average coins are in demand because of the lack of coins in the marketplace. Registry...
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