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This past week found the metals taking a major dive from recent highs. Gold fell over $40 to the current $641.40. Silver fell nearly $2.00 and now stands at $12.73. Platinum did not fare any better as it dropped to $1172. With these major declines it affords dealers and collectors...
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The metals continue to lead the market as activity shifts to modern mint products. There are so many new collectors getting involved in these modern coins that many dealers have changed their focus to accommodate their wishes. Dealers will tend to reposition their businesses to where the most...
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Severe weather conditions, mostly on the Eastern half of the United States, took a toll on the just completed Long Beach Expo. Many dealers were not able to attend because of cancelled flights and the end result was that business was down compared to previous shows. On the other...
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Market trading indicates that Seated Dollars are very active. Properly graded coins will command well above previous levels and normal dealer wholesale bids do not entice sellers. This is definitely a seller’s market for coins that fit the grade. As we reported last week, the $5...
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We continue to add new price information for high grade rarities. We are also finding so-called common issues that are worth much more than Type counterparts. It looks like dealers are back in the market for Gold Indians. The $2 1/2, $5, and $10 Indians are in...
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Collectors remain steadfast in pursuit of quality material. They have become more astute in the last several years and price is not the main issue. If the coin is graded properly, they will pay a very competitive price. We have observed this in everyday trading of Lincoln Cents,...
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With the Long Beach Expo just a few weeks away dealers are already making plans for arriving early to visit local coin shops and attend the Pre Long Beach auctions. It should be a rewarding 10 days in Southern California. We continue to monitor dealers transacting sales of high...
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Today’s market may not be what everyone wants, but it is certainly active enough to make money. We may have entered into more of a niche market as specific types of coins are in demand; without a specialty, some dealers may have just an average year. This year we could see a...
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Chalk up another success story for the FUN Show Committee. Dealers came to see how the first show of the year would unfold. Collectors came to spend money and the auctions continue to draw a major portion of the sales. The bourse floor was constantly busy with buying and selling from start to...
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Major auctions have already begun and the FUN Convention starts for dealers on Wednesday in Orlando, Florida. We will be there with the new Wholesale Price Guides. Make sure you see us at the King of Carson City bourse tables #709 & #711. The metals are beginning the year on a...
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The metals have jump started as the last week of the year begins. So far this morning Gold is up over $5 at $625.00 and Silver is up $.12 at $12.65. Platinum is currently at $1124. The feeling is still very strong that metals will continue higher into the new year. While it may appear to be a...
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Here at NumisMedia we are proud to announce additions to our printed price guides. Beginning on January 3, 2007, we will be mailing weekly issues of the Wholesale Market Prices for members and dealer subscribers. These will be presented in two volumes which alternate every other week. The...
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The market continues to show healthy activity. Dealers report strength in various areas while even series with lesser activity are still able to trade at discounts. Dealers may not be as frenzied as they were a few months ago, but they are keeping busy and the holiday season helps quite a bit....
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This is the time of the year that most retail coin shops turn to gift-giving numismatic items. This includes everything numismatics has to offer but there is more emphasis on jewelry related and display packaged coins. There is still a strong desire to fill special needs of favorite...
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We are about to enter the last month of 2006 and the metals appear to be making a very strong move to close out the year. Several analysts feel that Gold can finish above the $660 level and Silver around $15 per ounce. If this happens, the coin market should remain in an up cycle. This morning...
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The coin market may not be hot, but it is definitely better than some think. We have mentioned that there are tiers of market activity; there may be a better description. There are layers of activity that seem to keep this market very active. There is a top layer of coins dealers and...
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Numismatists were out in force this past weekend at the Baltimore Coin & Currency Convention. Dealers and collectors attended in huge numbers as the market is very active in this current climate. However, and this is very important, the market is very specific in what coins are in demand....
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This is scheduled to be the largest Baltimore Coin Show in terms of dealer bourse tables since this show began. The promoters have a great location and they are capable of attracting thousands of dealers and collectors from many of the surrounding states. The show begins on Thursday but there...
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Much of the activity we are seeing is in modern issues. This may seem like a short term market but to some it is very real. Dealers and collectors are making thousands of dollars on purchasing coins from the mint and having them certified at the major grading services. The problem that some...
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We are finding a considerable amount of activity throughout the spectrum of numismatics. If you think the coin market is slow because there has been a shift in demand to the modern issue coinage, you are way off base. The shift in visual demand may be to modern issue coinage causing the...
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