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This past week has seen an increase in activity for numismatic coins on a wholesale basis. Dealers are trying to buy a larger variety of coins on the teletype systems including U.S. Gold, Morgan and Peace Dollars, Walkers, Mercury Dimes, Standing Liberty Quarters, and especially Indian and...
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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...
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Dealers are hopeful that the coin market will pick up after very light trading during this past holiday week. Many dealers took advantage of this time to spend it with their families. With the metals making a major move this morning it looks like many of the vacationers are back to buying and...
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Temperatures at the Baltimore Coin and Currency Convention were stifling however the market was not as hot as the weather. Attendance was good and the show was organized quite well, but unfortunately, the show was not near as active as dealers had hoped. Too many common coins in inventory and...
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The Baltimore Coin and Currency Convention is the only major show for the summer (until ANA in August) so dealers will be very interested to see what takes place this week. This show always attracts thousands of dealers and collectors and is sure to offer us an indicator of what we can expect...
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The upcoming summer months could prove to be less than active for many dealers. There are few major coin shows and auctions until the ANA in Milwaukee. Combining this along with the current softness in common coins and it points to a long summer. An indecisive metals market does not help...
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We have added many new Modern coins to the Wholesale Dealer Price Guide. The 2007 issues are now included along with the addition of the Presidential Dollars. Washington Quarters are updated with the recent State issues along with listings for the 2004 Wisconsin High and Low Extra Leaf. The...
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The June Long Beach Expo is usually the least active of the year. This one was somewhat quiet. There was some retail but not enough to help the majority. The theme was definitely wholesale in nature. Dealers still complain of not locating enough new collections to distribute at...
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The Long Beach Expo is well known for arriving at the same time the metals take a dip. This one is no different. Even though Gold and Silver are up slightly this morning, they have been headed consistently downward over the last month. Gold has dropped over $30 and Silver is down about $1.25...
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With the Long Beach Expo less than two weeks away dealers are already visiting California for a quick start on wholesale business at surrounding coin shops. There are also two major auctions just prior to the show beginning with Superior Galleries the morning of May 27th and then the Ira and...
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Registry Set collectors continue to show strong interest in the highest grades for the series. Many increases are included in this week’s Modern Wholesale Dealer Price Guide. Especially active are the Kennedy Half Dollars in 1965 to 1967 SMS specimens. Cameo and Deep Cameo high grades are...
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The Central States Numismatic Society Convention takes place this week in St. Louis, May 9-12. The Heritage Signature Sale will surely attract the attention of many serious collectors and dealers. The rarities in this sale will help define current market psychology. Judging by...
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There is plenty of excitement in the market these days but the most fascinating news may well be the sale of the finest known 1913 Liberty Head Nickel which changed hands for $5 million. This is the Legend coin graded PR66 and previously a part of the Eliasberg collection; it now belongs to a...
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This week’s Classic Wholesale Market Dealer Price Guide indicates many changes in the Morgan Dollar section. However, many of the better dates are not available so the increase in wholesale levels is practically fruitless, but dealers feel this is the only way to attract potential...
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This past week has brought a sharp increase in many U.S. Bullion related coins. Not only have the modern issues moved higher but the older U. S. Gold coins have increased as well. The premiums continue to be at very advantageous levels if you are considering purchasing common $5, $10, and...
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The new Washington Dollars are very active and the grading services are certifying them in bulk. The Missing Edge Lettering error is getting most of the attention. Uncirculated raw coins have been wholesaling from $60 to $80 in the last week. Certified coins are higher as collectors want a...
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While the overall coin market is generally steady, there are signs that all is not perfect. We are seeing more areas being discounted in order to create sales. Dealers remain very active in the wholesale arena because they know this is the only way to make money. However, retail has become...
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It appears that the new mint products are having an objectionable influence on today’s rare coin market. More dealers are concentrating on these latest bullion coins and the public is spending millions of dollars on them. The overall result is that fewer numismatic coins are trading right now...
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With back-to-back Major Shows it is difficult to expect too much from individual results. Charlotte was just okay for most dealers, but they expect more out of this week's Baltimore Show. Some dealers say this is like having twice the expenses but only one result that profits can be measured...
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Dealers are about to find out how good the coin market is as they travel to Charlotte for this week’s ANA National Money Show. Despite the negative run bullion has had the last two weeks, there are many positive areas in the real coin market. In addition, when the metals falter as they have,...
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